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CN and CP announce first quarter 2016 results

by CanadianSailings | May 18, 2016 | Business and Economy, Other, Rail

Both of Canada’s major railways felt the effects of a weak economy and reported minor drops in revenues for the quarter ended March 31. However, through cost reductions to match the reduced revenues, both were able to produce outstanding results. During the quarter,...

CN recognized as Responsible Care Partner of the Year for safe movement of chemicals

by CanadianSailings | May 18, 2016 | Corporate events & profiles, Other, Rail

CN said today it has been recognized as one of the three recipients of the Responsible Care Partner of the Year award of the American Chemistry Council (ACC). The award recognizes the strong performance and safety record of companies involved in the transportation,...

Port of Saint John expects boost in cruise ship passenger numbers in 2016

by CanadianSailings | May 18, 2016 | Other, Ports and Terminals

The first cruise ship of the season at the port of Saint John docked in Saint John harbour on May 9, for the beginning of what will be a busy season of calls. By the time the last ship casts off its lines on October 28, 64 ships will have visited, bringing with them...

EDC: Hey big spender (why so quiet?)

by CanadianSailings | May 18, 2016 | Business and Economy, Other

By Peter G Hall, Vice-President and Chief Economist Big spenders walk in to the room and immediately steal the show. Everyone wants to be with them, eager to catch a piece of the action. U.S. consumers are that way: they’re the richest in the world, and they know how...

Charting Canada’s waters: Government of Canada to build seven new hydrographic survey vessels

by CanadianSailings | May 18, 2016 | Government and Regulation, Ocean, Other, Shipbuilding and Repair

Hunter Tootoo, Minister of Fisheries, Oceans and the Canadian Coast Guard, announced the winning bid for the procurement of seven new survey vessels for the Canadian Hydrographic Service to support the seabed surveying and charting of Canada’s navigable waters. The...
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  • Maersk confident of contract integrity, as it builds $19 billion M & A war-chest
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