Canada

Seaspan Ferries adds two new LNG-hybrid vessels

Canadian transport company Seaspan Ferries announced it will be adding two new LNG – battery hybrid ferries to its fleet. With construction scheduled to begin in 2019, the vessels are expected to go into operation in 2021. 

Canadian Senate committee rejects tanker ban bill

A Canadian Senate committee voted against Bill C-48, which would ban oil tankers from docking on British Columbia’s northern coast. This means the Senate advised the federal government not to proceed with the bill enacting the oil tanker moratorium on that stretch of coast.

GCT Vanterm to increase its container handling capacity

GCT Global Container Terminals announced its $160 million investment to densify and modernize GCT Vanterm. This will create about 1,200 new direct and indirect jobs and generate $77 million in wages and $187 million in GDP per year. GCT Vanterm, is amongst the most productive terminals in North America. The $160 million upgrade at GCT Vanterm aspires to increase container handling capacity by around 25%.

Port of Oakland discusses return of bulk shipping after 20 years

The Port of Oakland, in US’ Pacific coast, announced it has begun negotiations with a Canadian building materials shipper to transport sand and gravel to the Port, marking return of bulk shipping operations to the Port for the first time in 20 years. 

DP World agrees to buy Canadian terminal Fraser Surrey Docks

DP World agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund. The terminal will be purchased through the Canadian subsidiary DP World Canada Investment Inc, which is 45% owned by Caisse de dépot et placement du Québec. The deal is expected to finalize during the first half of 2019.

PSA to acquire Halifax container terminal

Macquarie Group has reached an agreement to sell the largest container terminal in Eastern Canada. Namely, it finalized a deal to hand over the Halterm terminal at the Port of Halifax to PSA International Pte Ltd. PSA International will also buy Penn Terminals in Philadelphia from the Australian firm.

Canada announces speed restriction measures to protect whales

Transport Canada has implemented new seasonal speed restriction zones that ships must follow in the western Gulf of St. Lawrence. Canada has put these zones in place to reduce the risk of fatal strikes to North Atlantic right whales by transiting vessels. Vessels must proceed at a speed of not more than 10 knots over the ground in the speed restriction zones.

US climate change denial sinks Arctic Council accord

According to Reuters, the US refused to sign an agreement in the Arctic due to discrepancies over climate change wording, risking the cooperation in the polar region at the sharp edge of global warming. The meeting between eight nations in Finland’s Rovaniemi on Tuesday, May 7, was aiming to provide a two-year agenda to balance the challenge of global warming, with sustainable development of mineral wealth.

PSA International to take over Halterm Container Terminal

PSA International, a Singapore-based port operator,  has finalised an agreement to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA. Yet, the company didn’t provide any financial details related to the transactions.

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