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Logistec inaugurates enhanced Contrecoeur terminal

2014-10-15

Logistec Corporation welcomed nearly 100 employees, customers, partners, and suppliers at its Contrecoeur terminal in the Port of Montreal to celebrate its modernization and inaugurate the facility's new equipment.
"Our investment of nearly $12 million will allow us to move larger volumes and work with a more diversified cargo base in Contrecoeur," stated Madeleine Paquin, President and CEO, in a ceremony on October 9.

"In addition to the bulk cargo that the terminal is known for, we have enhanced our ability to handle break-bulk, project cargo, and heavy lift," Ms Paquin said, stressing that its strategic location provided ample, direct access to railways, highways as well as barge services.

"With the upgrades that we've put in place, Logistec's Contrecoeur terminal is now one of the most modern, efficient bulk-handling facilities along the St. Lawrence River. We foresee a bright future for this vital part of our network."

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Robust export/import activity drives Seaway cargo increase

2014-10-05

Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway Management Corporation, total cargo from March 25 to September 30 reached 24.4 million metric tons.

Grain exports continue to be strong with total shipments (including Canada and the U.S.) reaching 6.8 million metric tons, up 70 percent over the same period last year. U.S. grain totaled 796,000 metric tons, up 15 percent over the same period last year.

Stated Stephen Brooks, President of the Chamber of Marine Commerce: "September was another strong month for the St. Lawrence Seaway as marine shipping helped U.S. companies export products and import much-needed materials. Many people don't realize that ships are regularly carrying a huge amount of trade between Canada and the U.S. via the Great Lakes-Seaway."

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Shipping Federation welcomes Canada-European free trade accord

2014-10-01

The Shipping Federation of Canada has welcomed the proposed Canada - European Union-Canada free trade agreement, stating "it will be a boon for Canada's maritime industry on a number of fronts." (The signature of what was described as a final text of the Comprehensive Economic and Trade Agreement  (CETA) took place in Ottawa on Sept. 26.)

"Not only will the agreement generate additional trade in goods between the two continents, it will also create demand for related transportation services," the Shipping Federation said on September 23. "As a result, we can expect to see new economic opportunities for Canadian ports and new employment opportunities for workers in the transportation sector."

In an interview with Maritime Magazine, Shipping Federation President Michael Broad affirmed: "CETA will not take business away from Canadian-flag vessels and crews."

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Tanker with Alberta oil heading for Europe

2014-09-25

The Minerva Gloria, a 62,341 GRT tanker registered in Greece, left early this week for Sarroch, on the Italian island of Sardinia, with some 700,000 barrels of railed crude oil from Suncor Energy in Alberta that was loaded at the Port of Sorel-Tracy on the St. Lawrence River. It is Suncor's first waterborne shipment across the Atlantic from Canada's East Coast and it has attracted attention from environmental groups.

The Port of Sorel-Tracy is situated 70 kms from Montreal.

The shipment coincides with efforts by Canadian oil companies to broaden their markets as crude oil production has risen significantly in the United States and Canada over the past five years, with supply exceeding demand on domestic markets. (Photo: Louis Rhéaume)

 
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