Will LNG riches now come within Canada’s reach, as the global market continues to grow?

Will LNG riches now come within Canada’s reach, as the global market continues to grow?

By R. Bruce Striegler

It was only a few years ago when many in Canada thought a huge wave of global LNG activity would soon crash over the shores of British Columbia. From an original list of more than 15 proposed multi-billion dollar projects in the Province, only one remains a possibility today. The rich Asian market has been glutted since 2015, following a massive development program across the region which began in 2000. But a policy shift to favour consumption of natural gas in China this year and strong economic growth across Asia has pushed up demand. Several export projects in North America hope for Final Investment Decision (FID) this year, including LNG Canada, a $40 billion, 13 million-tonnes-a-year venture led by Royal Dutch Shell, with PetroChina, Korea Gas Corporation and Japan’s Mitsubishi as partners. The proposed liquefaction plant and marine terminal are planned for Kitimat, B.C. (more…)

CargoM steadily meeting its objectives

CargoM steadily meeting its objectives

By Brian Dunn

One of the principal objectives of CargoM, the Logistics and Transportation Cluster of Metropolitan Montreal, is to attract new businesses to the region by identifying sectors that offer growth opportunities, particularly those which may not have a strong presence in the area. About three or four years ago, it pinpointed the agri-food sector as a potential business to pursue.

“The city (of Montreal) helped in identifying this sector which we felt could be a great opportunity for us,” said Mathieu Charbonneau, Executive Director of CargoM which recently celebrating its 5th anniversary. “Not just to serve the Montreal region, but also Ontario and the northeastern U.S. But before we can go after new business, we need to build the infrastructure and to understand cold chain technology and to see what’s currently available in Montreal. We also need to see who wants the service.” (more…)

Port of Montreal’s new Grand Quay enjoys yet another record cruise season

Port of Montreal’s new Grand Quay enjoys yet another record cruise season

After an amazing makeover, the Port of Montreal’s Grand Quay is providing contemporary marine infrastructure and top-notch reception facilities – on par with Montreal’s international reputation – to cruise lines and their guests, as well as magnificent open green spaces where the public can enjoy unique and spectacular views of the St. Lawrence River and the city.

Now more than ever, Montreal is becoming an international gateway for cruise lines, attracting a diverse clientele. The port will have welcomed a record 128,000 passengers and crew members on international and domestic cruises by the time the 2018 season ends on November 2. That is an increase of 10 percent over last year. (more…)

Port of Montreal’s international container hub’s competitive advantages allow carriers, shippers to move cargo quickly, efficiently

Port of Montreal’s international container hub’s competitive advantages allow carriers, shippers to move cargo quickly, efficiently

As an international container hub, the Port of Montreal continues to grow in both size and volume.

Montreal is the second largest container port in Canada, the leading container port in Eastern Canada, and the fifth largest container port on North America’s east coast. It handled an unprecedented 1.54 million TEUs (20-foot equivalent unit containers) in 2017 and is well on its way to breaking that record this year. The number of TEUs moving through the port in the first eight months of 2018 was up 9.5 percent compared with the same period last year.

One in four marine containers handled in Canada moves through the Port of Montreal, which is the container port of Quebec and Ontario and the only container port on the St. Lawrence River. (more…)

Port of Vancouver – Cargo diversity and strong Canadian economy drive record volumes at Port of Vancouver

Port of Vancouver – Cargo diversity and strong Canadian economy drive record volumes at Port of Vancouver

Overall cargo volume through the Port of Vancouver reached a record high of 142.1 million metric tonnes (MT) in 2017, up five per cent from 2016. Cargo diversity and strength of the Canadian economy provided a boost to annual volumes. Sectors experiencing strong growth included containers and bulk grain, both of which hit new records in 2017.

“The record year for cargo movement and healthy growth across the port reflects the strength of the Canadian economy in 2017, as well as the Port of Vancouver’s ability to accommodate the most diversified range of cargo of any port in North America,” said Robin Silvester, president and chief executive officer at the Vancouver Fraser Port Authority. (more…)

Ports make good neighbours

Ports make good neighbours

By Wendy Zatylny

What makes a good neighbour? We all have neighbours, and we all know what we consider a “good neighbour” to be. A good neighbour is someone you can borrow a cup of sugar from, count on to help clear your driveway after a winter storm, keep their yard clean and say good morning at the beginning of the day. And being a good neighbour yourself, you reciprocate by bringing them cookies made from the sugar you borrowed, you may help cut their grass in the summer and you always ask how their day went in the evening. Good neighbours make good communities, and good communities make great cities. (more…)