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Davie marks first steel cutting for first Resolve Class Auxiliary Oiler Replenishment vessel.

Davie souligne la première découpe d'acier pour le premier pétrolier ravitailleur d'escorte de la classe Resolve

2016-05-24

Davie Shipbuilding marked a major milestone on May 24 with the first cutting of new steel for the Resolve Class Auxiliary Oiler Replenishment vessel.

The project consists of converting a containership into an Auxiliary Oiler Replenishment (AOR) ship in order to support the operations of the Royal Canadian Navy. This type of conversion has already been performed a number of times by international navies. The conversion of the vessel will be entirely compliant with international regulations.

"Today's ceremony shows Davie at its best. We are uniquely able to deploy significant resources to the production of large-scale shipbuilding projects like Resolve. Davie is the biggest shipyard in Canada, with the highest production capacity in the country and with the continent's very best shipbuilders. We stand ready to deliver" said Jared Newcombe, Davie's Chief Executive Officer.

With the presence of the Mayor of Lévis, Gilles Lehouillier, the Honourable Jean-Yves Duclos, Federal Minister of Families, Children and Social Development and Member of Parliament for Québec, and Jean D'Amour, Québec Minister for Maritime Affairs, the event marks the launch of a major project for the region, Québec and Canada as a whole.

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Davie offers 'fast track' Canadian ferry replacement program

Chantier Davie lance une initiative visant le remplacement des traversiers canadiens

2016-05-19

Recent changes to the Federal government's New Building Canada Fund, announced by Infrastructure Minister Amarjeet Sohi, will enable significant investments in infrastructure systems, including ferry replacement and refits, says Lévis-based Davie Shipbuilding in a press release on May 19. Ferry operators across Canada will have access to the Fund that may inject billions of dollars in transportation infrastructure projects, providing the proposed projects be completed within a three year timeframe.

Under the program, the federal government also plans on funding projects conceived as Public-Private Partnerships (P3).

Gerry Neven, Davie's VP Commercial stated: "Davie is highly experienced with the P3 contractual model - our current program for the Royal Canadian Navy has created a new alternative ownership model for the federal government using Canadian institutional financing, which can be easily applied to Canada's ferry fleet. By bringing private investment into financing structures together with the federal, provincial and municipal governments, we can create significant benefits and flexibility for the taxpayer."

Canadian Ferry Operator Association (CFOA) members, Davie Shipbuilding and other shipyards throughout Canada are in an excellent position to jointly benefit from these federal initiatives, thereby creating and retaining employment and investments in our communities, said the Davie press release.

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New mega shipping alliance

2016-05-18

The global shipping alliance fever continues, the most recent being the May 13 announcement of a partnership called THE Alliance between Hapag-Lloyd and five Asia-based carriers, including Hanjin Shipping and Mitsui OSK Lines. It covers all East-West trade lanes, namely Asia-Europe/Mediterranean, Asia-North America East Coast and Transatlantic, combining 3.5 million TEUs or an 18% share of global container fleet capacity.  Hapag-Lloyd is a major player at Canada's East Coast ports of Montreal and Halifax.

It is anticipated that United Arab Shipping Company, currently in merger talks with Hapag-Lloyd, will join the new grouping.

The advent of THE Alliance has followed April's formation of the Ocean Alliance by CMA CGM, China Cosco Shipping, Evergreen Line and OOCL. Both vessel-sharing deals are slated to become operational in April 2017, subject to regulatory approvals. The existing 2M vessel-sharing accord between Mediterranean Shipping Company and Maersk (established in January 2015) accounts for about one third of the world's container cargo.

According to the latest report by Copenhagen-based Seaintel Maritime Analysis, the newly-formed partnership will come close to matching the deployed capacity of 2M and Ocean Alliance.

For its part, London's Drewry Shipping Consultants commented that "ultimately carriers' end game will be to optimize their fleets and minimize costs."

But it cautioned: "Alliances have thus far failed to solve the most elusive conundrum of stabilizing freight rates, and we do not expect this to change." (Photo Port of Montreal).

 
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