Friday, 22 September 2017 13:37

New Appointment for Ridley Terminals

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The Honourable Marc Garneau, Minister of Transport, has appointed Michael Robert John McPhie as Chairperson of Ridley Terminals Inc. for a term of five years. Mr. McPhie holds a Master of Science in Environment and Management, and has completed a Directors Education Program at the Simon Fraser University/Institute of Corporate Directors. Since 2014, he has been Managing Director at JSD Gold Ltd. and Executive Chairman at IDM Mining Ltd. He is also CEO and founder of Falkirk Resources Consultants Ltd.

Friday, 22 September 2017 13:32

US Sanctions imposed on North Korea

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President Trump issued an Executive Order imposing economic sanctions against any person that, among other things, operates in the transportation industries in North Korea or is engaged in the importation or exportation to North Korea of any goods, services, or technology.

Friday, 22 September 2017 13:29

FMC to hold hearings on demurrage concerns

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On September 20th the Federal Maritime Commission met to receive briefings in open session on changes to the agreement review process, progress with the Supply Chain Innovation Teams, and the recently concluded London International Shipping Week. In a closed session, it received a briefing on Petition Number P4-16, the petition of the Coalition for Fair Port Practices for rulemaking. Petition Number P4-16 concerns demurrage, detention and per diem business practices and charges being assessed at various ports around the country by marine terminal operators (MTO) and vessel ocean common carriers (VOCCs). Following discussions on the various causes of such assessments and the wide variety of MTO and VOCC business practices disclosed by the comments, the Commission voted to hold public hearings on the petition. Witnesses to be invited to testify at the hearing will include: legal representatives of the petitioners, trade and shipper associations representing various interests, individual importers, exporters, customs brokers, freight forwarders, logistics companies, trucking and drayage companies, VOCCs, port authorities, and MTOs.

Friday, 22 September 2017 13:16

Chinese icebreaker completes Northwest Passage

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The Chinese icebreaker Xue Long has completed its historic voyage through Canada’s Northwest Passage and is heading towards the Bering Strait near Alaska in China’s first circumnavigation of the Arctic.  Xue Long voyage started in east China's Qingdao at the end of August and will cover around 35,000 sea miles in its 260-day mission which is scheduled to finish in Qingdao on May 15, 2018. The vessel, operated by the Chinese Arctic and Antarctic Administration, is conducting scientific research and exploring new shipping routes created by the melting Arctic seas. Sharing the journey through the Northwest Passage are Canadian scientists and an ice navigator. 

Friday, 22 September 2017 13:04

IMS Group buys OceanSaver

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Norway's IMS group AS announced it has signed a purchase agreement with the OceanSaver Trustee to acquire the ballast water management system (BWMS).  Last week OceanSaver filed a petition to liquidate with Norway's Register of Bankruptcies last week, shortly after losing an arbitration against filter maker Bollfilter Nordic and had to pay both sides’ a sum that has not been made public. OceanSaver’s BWMS was one of the firsts to secure US Coast Guard type-approval on 2016, but blamed the IMO's MEPC 71 decision to defer installation deadlines by two years as having a major impact on the market for retrofitting ballast treatment systems. In addition, ship newbuilding activity continues to be low and the combination has led to significant downward pressure on equipment prices. OceanSaver has sold approximately 200 ballast water treatment systems.

Friday, 22 September 2017 12:48

Sale of Maersk Tankers A/S

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A.P. Moller-Maersk has agreed a $1.71 billion deal to sell its oil tanker division to the controlling shareholder, APMH Invest A/S (APMHI), who in turn will enter an ownership consortium with Japan’s Mitsui & Co.  Maersk Tankers is the second unit to go following the APM group's decision last fall to sell its energy-related business to focus on container shipping and logistics. Last month APM sold its oil and gas business to French energy group, Total, in a $7.45 billion deal. APMHI is a 100% owned subsidiary of A.P. Møller Holding A/S who is the controlling shareholder of APMM.  Maersk Tankers will continue trading as “Maersk Tankers” and will continue using the APMM seven-pointed star-logo as part of its brand.


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China's CNOOC Ltd. has cancelled a liquefied natural gas project planned for Digby Island in Prince Rupert. CNOOC, through its Calgary-based Nexen unit, and its partners, has announced its decision to scrap Aurora LNG, stating, “. . . the current macro-economic environment does not currently support the partners' vision of developing a large LNG business at the proposed Digby Island site."  Through Nexen, CNOOC owns 60 per cent of Aurora LNG. The remaining 40 per cent is held by Inpex Corp., JGC Corp., and JOGMEC, all based in Japan. The $20-billion deal to buy the Digby Island site was aimed at eventually shipping 24 million tonnes of LNG product from BC to Asia every year.

Friday, 15 September 2017 13:45

VFPA Port Information Guide Notice

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The Vancouver Fraser Port Authority has issued a Notice of Amendment, dated September 8, 2017, for the Port Information Guide. The amendments are to be published in the Port Information Guide on or after October 8, 2017 following a 30-day notification and comment period. Included in the proposed amendment is the designation and introduction of the First Narrows Movement Restriction Area (MRA-1) and associated procedures which govern the movement of all vessel traffic of this area.  The Notice of Amendment, and a draft copy of the Port Information Guide including proposed amendments, is available at https://www.portvancouver.com/news-and-media/news/notice-of-amendment-port-information-guide/?doing_wp_cron=1504913001.9219489097595214843750.

Friday, 15 September 2017 13:36

Don Krusel retires from Prince Rupert Port

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Widely praised as a visionary leader, Prince Rupert Port Authority's CEO and President, Don Krusel, has announced his retirement after 25 years shortly after participating in the opening of the second berth at Fairview Container Terminal.  Krusel first joined the port in 1987 as the chief financial officer and was appointed CEO and President in 1992.  During Mr. Krusel’s tenure, his tenacity was instrumental in overseeing the conversion of Fairview Terminal from a forest and agri-products facility to the fastest growing container terminal in North America. Under his leadership, a number of foundational port projects have been completed, including the development of the Northland Cruise Terminal, Westview Wood Pellet Export Terminal, Ridley Island Road Rail Utility Corridor, Ridley Island project cargo facility, and Fairview Container Terminal conversion and recent expansion.  Krusel's leadership will be missed throughout the port communities across Canada.  PRPA’s Chief Financial Officer Joe Rektor will be assuming the role of interim President and CEO, effective immediately. There will be a search for Mr. Krusel’s replacement.  

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Congratulations to BC Ferries as they are one of recipients of the DuPont Safety and Sustainability Awards announced in Singapore last week. The awards recognize outstanding initiatives aimed at enhancing workplace safety, sustainability and operational effectiveness. Among the winners was BC Ferries (British Columbia Ferry Services Inc. and BC Ferry & Marine Workers’ Union) – one of the largest ferry operators in the world - for the Global Safety Award. Jury President Mieke Jacobs, Executive Coach with 20 years of Operations Management experience at DuPont, said that jury members were particularly impressed by both the quality and quantity of the projects submitted for consideration this year. “This growth is quite heartening, as I feel quite strongly that the recognition of positive contributions to workplace safety and corporate sustainability is crucial in galvanising the public and private sectors to promote and pursue improvement projects.”

Friday, 15 September 2017 13:27

Marko Dekovic a top 40 under 40

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Congratulations to Marko Dekovic, Vice President, Public Affairs for GCT Global Container Terminals Inc., for being named as one of Vancouver's top Forty under 40 for 2017.  The awards highlight the achievements of 40 of BC’s outstanding young entrepreneurs, executives, and professionals. Winners are under 40 and have demonstrated excellence in business, judgment, leadership and community contribution. Each winner will be profiled in Business in Vancouver on December 4.

Friday, 15 September 2017 13:24

Celebration of Life - Stan Webber

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The Celebration of Life for Stan Webber will be held on Saturday October 14th at the Arbutus Club (2001 Nanton Ave, Vancouver) at 2pm.  Friends and colleagues are invited to join and share 
stories and memories with the group. Please forward this email with your friends/associates that may wish to be there. 

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