BC Ferries shortlists three shipyards for Spirit Class mid-life upgrade projects

BC Ferries announced that the company has shortlisted three shipyards, including one in British Columbia, for the Spirit Class vessels mid-life upgrades including conversion to dual-fuel so they can operate on liquefied natural gas (LNG).

Seaspan’s Vancouver Shipyards, Remontowa SA of Poland and Fincantieri of Italy were shortlisted from the five shipyards that responded to the company’s request for proposals. Over 20 national and international shipyards expressed interest in the initial stages of the procurement process. Over the next three to five months, BC Ferries will continue to negotiate with the three proponents to select the final bidder.

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Mariners’ House elects new executive at 47th AGM

Mariners’ House of Montreal held its 47h annual general meeting on June 16th, electing a new executive committee and three new Board members.

After serving in the position for two years, Michael Fratianni, CEO of Montreal Gateway Terminals Partnership, handed over the presidency to Mario Minotti, Director of Finance and Administration with the Shipping Federation of Canada, who will also retain the post of Treasurer. John Gareau, President of Seamont Brokerage & Transport remains Secretary, and Flavio Tiseo, Secretary/Treasurer of MSC (Canada) becomes First Vice-President, while Robert Zeagman, President of Seagulf Marine Industries, will be Second Vice-President.

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CITT logistics courses just available with mobile-friendly anytime, anywhere access

CITT has made it that much easier for busy, on-the-move professionals to build their supply chain logistics abilities through the specialized online courses in the program of study towards the CCLP® designation. Available for courses starting September 2nd, CITT’s learning platform is now fully optimized for smartphones and tablets, in addition to laptop and desktop computers.

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The gravy trains keep on delivering, for now …

Once again, both of Canada’s major railways announced second quarter results for the period ended June 30, and both were able to produce bottom line results that were impressive. Top line performance? Well, not so great, with CP showing a 1.8 per cent drop in revenues, and CN producing an increase in revenues of only 0.3 per cent, compared to the second quarter of 2014. Still, with the economy in or near recession, those numbers are not bad.

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Standard & Poor’s affirms Halifax Port Authority’s credit rating of ‘A+’, outlook stable

Standard & Poor’s has affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’, outlook stable. Halifax Port Authority has developed, and currently operates from a diversified revenue base generating strong and consistent cash flow. “The diverse revenue streams at the Port of Halifax help to provide long term stability,” said Paul MacIsaac, Senior Vice President, Halifax Port Authority. “Our diversification strategy involves the development of all core business lines – cargo, cruise and real estate.”

HPA is committed to working with port users to develop cargo volumes moving through the Port of Halifax, enhance the cruise industry in Halifax and fully utilize land holdings under administration. Over $250 million has been invested in port-related infrastructure since 2004. The port community in Halifax is working collaboratively to create the necessary conditions for business owners locally, regionally and nationally to expand their potential market and create economic growth.