By Tom Peters
The massive, green decks of Grande Halifax were glistening on a cool May day in Halifax Harbour. It was a rare occasion in the Nova Scotia port as representatives of the marine industry and government gathered for the christening of the Grimaldi Group owned vessel. The christening of a commercial hasn’t occurred in Halifax in several years. (more…)
Canadian Pacific Railway announced plans to invest more than a half-billion dollars on new high-capacity grain hopper cars as part of its commitment to the North American agricultural sector. CP grain shippers can expect to see more than 500 of these new cars in service before the end of 2018, enabling CP to transport more grain in each dedicated train. (more…)
CN plans to acquire 1,000 new generation high-cube grain hopper cars over the next two years to rejuvenate the aging equipment needed to serve increasing annual crop yields.
“This substantial investment in higher capacity payload hopper cars, with up to 10 per cent more capacity than the older generation, demonstrates our commitment to safely, efficiently and reliably moving the steadily increasing Prairie grain crop for our customers,” said JJ Ruest, Interim President and Chief Executive Officer of CN. “We clearly understand how important having an effective grain supply chain is to our nation’s reputation as a stable trade partner. With this week’s news of regulatory certainty, we can now make decisive long-term investments that will benefit the entire grain industry.” (more…)
By Brian Dunn
A resurgence in global trade will benefit Canada’s shipping industry, with export growth expected to continue, according to a leading Canadian economist. And he expects trade tensions between the United States and China will be resolved. “Canadian exporters are worried that NAFTA may be cancelled, but I believe cooler heads will prevail,” Stephen Tapp, Deputy Chief Economist, Export Development Canada, said at the annual conference of the Shipping Federation of Canada in Montreal on May 23. Labour markets in Canada and the U.S. are improving, economic slack is being absorbed, while historically low interest rates and inflation are rising, both positive signs for the economy, he added. (more…)
The Chamber of Marine Commerce (CMC) welcomes the submission of the Canadian Pilotage Review’s recommendations and will review these in detail to ensure that it contains the significant changes that are needed to improve a service that has not been overhauled in over 45 years.
“We will be carefully reviewing the recommendations in the report. Canada’s pilotage regime is stuck in the 1970s and significant changes are needed to the Pilotage Act and its regulatory framework to support a modern transportation network that is both safe and efficient,” said Bruce Burrows, President of the Chamber of Marine Commerce. (more…)
By R. Bruce Striegler
While the public and the national media have been focused on the controversy over the Kinder Morgan Pipeline Expansion, another, quite different, proposal has been gaining considerable attention. A venture lead by noted B.C. First Nations writer and entrepreneur Calvin Helin, is proposing a $16 billion project to carry Alberta oil to tidewater in British Columbia. Five years ago, Eagle Spirit Energy Holdings Ltd., began investigating the notion of creating the Eagle Spirit energy corridor, whose concept is to move Alberta bitumen, B.C. natural gas and B.C. hydroelectricity along a route from Alberta to northwestern B.C. terminating near Prince Rupert. The acrimony over the Kinder Morgan expansion has brought the focus of their idea directly onto the oil pipeline portion of the plan. (more…)