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Minister Raitt tours federal infrastructure in Sept-Îles and Wabush

by CanadianSailings | Sep 23, 2013 | Corporate events & profiles, Gateways and Corridors, Government and Regulation, Other, Ports and Terminals

Lisa Raitt, Minister of Transport, recently toured federal transportation facilities in Sept-Îles, Quebec, and Wabush, Newfoundland and Labrador. She started her trip in Sept-Îles where she visited the airport and the port and completed her tour with the airport at...

ZIM reports second-quarter results

by CanadianSailings | Sep 23, 2013 | Business and Economy, Ocean Carriers, Other

ZIM reported revenues for the quarter ended June 30 of $976 million, reflecting an increase of 6 per cent compared with the previous quarter. While average freight rates per TEU declined by 3 per cent compared to the previous quarter, growth in revenues was achieved...

Algoma Central Corporation reports Q2 results

by CanadianSailings | Sep 23, 2013 | Business and Economy, Corporate events & profiles, Ocean, Ocean Carriers, St. Lawrence, Seaway and Great Lakes

(All dollar amounts are stated in thousands of dollars) Agoma Central reported that its consolidated revenues for the three months ended June 30, 2013 decreased from $157,233 to $144,930. For the six-months ended June 30, 2013, revenues were $195,687 compared to...

CSL’s 2012 Environmental Report highlights need for continued progress on sustainability

by CanadianSailings | Sep 23, 2013 | Corporate events & profiles, Environment, Ocean, Ocean Carriers, Other

The CSL Group’s recently released 2012 Environmental Report underscores the importance of leading meaningful change – through innovation, collaboration and calculated risk-taking – to significantly reduce the shipping industry’s environmental footprint. “In 2012, we...

The Baie Comeau, CSL’s fourth Trillium-Class laker, arrives from Transoceanic voyage

by CanadianSailings | Sep 23, 2013 | Corporate events & profiles, Ocean, Other, Shipbuilding and Repair

Canada Steamship Lines welcomed the final of four Trillium Class self-unloading lakers, the Baie Comeau. The vessel arrived in the port of Montreal on August 24. The Baie Comeau’s maiden voyage began on June 30 when it set sail from Chengxi Shipyard in Jiangyin,...
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  • Confidence returns for China’s shippers, despite high costs and falling demand
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  • Maersk confident of contract integrity, as it builds $19 billion M & A war-chest
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