Sustainable development and innovation are at the heart of the Montreal Port Authority’s (MPA) business practices and strategic plan.
“The MPA is at the forefront of the marine sector’s movement towards a future where emerging technologies, efficiency and sustainable development go hand in hand,” said President and Chief Executive Officer Sylvie Vachon. “We are an organization that is committed to protecting the environment, to its neighbouring communities, and to its contribution to the economic growth of Montreal, Quebec and Canada. The innovative projects that we are undertaking all have a positive impact on these three pillars of sustainable development.” (more…)
Port Saint John (PSJ) takes seriously its leadership position as an environmental steward of its jurisdictional waters on the Bay of Fundy.
Not only is this a responsibility outlined in the Canada Marine Act, but also “people see the port as the custodians of port waters,” says Capt. Chris Hall, PSJ’s Vice-President of Operations and Harbour Master.
Hall says there are overlapping jurisdictions, federal and provincial, when it comes to the harbour “but locally people see the port as the entity that is overall responsible for it, so I think it is just natural they see the port taking the lead or at least being involved in understanding and safeguarding our environment and mitigating the impact our shared activity may have on our waterways.” (more…)
By Mike Wackett
Less than 16 months before IMO’s 0.5 per cent sulphur cap regulations come into force for merchant shipping, container lines are worried that the estimated $50 billion extra cost of the greener fuel could tip them into bankruptcy. “We’re all going to go bust,” MOL’s President and CEO Junichiro Ikeda told the Financial Times. He expressed his concern that ocean carriers would be unable to recover sufficient amounts from shippers to mitigate the impact of the $300 a tonne extra cost of low-sulphur fuel oil (LSFO). (more…)
By Mike Wackett
The shipping industry is split into two camps ahead of IMO’s 2020 0.5 per cent sulphur cap regulations: those that believe that scrubbers – exhaust gas cleaning systems – are the answer; and those that do not.
Atlantic Container Line (ACL) a north Atlantic container ro-ro specialist, owned by Grimaldi Group, already has scrubbers installed on its five G4-class 3,800 TEU-plus 1,300 vehicle container ro-ro ships. And the carrier has now signed a three-year deal with scrubber manufacturer Alfa Laval to retrofit the PureSOx systems with its Remote Emission Monitor (ALREM) connectivity programme, providing a data reporting and storage device. Pierluigi Marmo, Technical Manager for the ACL G4 vessels, said: “We are eager to start taking advantage of connectivity with our PureSOx systems.” (more…)
By Mike Wackett
Investors are increasingly concerned that, with only 18 months to go until IMO’s 0.5 per cent sulphur cap regulations, container lines still have no clear strategy on how they will comply, and how the change will be paid for. This ‘wait and see’ approach is regarded as a red flag by investors who worry that the lines will stumble into the default solution, in January 2020, of burning the 50 per cent-more-expensive low-sulphur fuel oil (LSFO) in their ships without proper compensation. (more…)
By R. Bruce Striegler
Little did Prime Minister Justin Trudeau realize in November 2016 as he stood before a crowd of reporters in Vancouver announcing his government’s $1.5 billion Oceans Protection Plan, that he would ultimately have to declare in May 2018 the government would be spending a further $4.5 billion to purchase the Trans Mountain pipeline and all of Kinder Morgan Canada’s core assets.