COS Weekly Newsletter - 10 May 2019
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GCT Global Container Terminals announces a $160 M investment DP World acquires Fraser Surrey Docks Port of Nanaimo releases 2019 Tariff Documents Cruise ships collide in the Port of Vancouver CN announces increasing operations in Western Canada Economic output of Port of Halifax reaches nearly $2 billion Clear Seas launches LNG focused site Mike McLeod Retirement Announcement Minister Murray announces External Advisory Committee on Regulatory Competitiveness New technology added to Lake Erie Port of Seattle has shortlisted three teams for cruise terminal project Carriers warn missed sailings may be on the way as vessels transition to low-sulfur fuel Eastern Canada’s largest container terminal sold to Singapore based port operator Japan not planning to ban use of open loop scrubbers Boskalis crew freed after pirate attack in the Gulf of Guinea May 10 - Luna Spirit |
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COS Weekly Newsletter
Minister Wilkinson announces Conservation Agreement
The Honourable Jonathan Wilkinson, Minister of Fisheries, Oceans and the Canadian Coast announced the Conservation Agreement today, which supports the continuation of the ECHO Program. The agreement brings together the Department of Fisheries, Oceans, and the Canadian Coast Guard, Transport Canada, Vancouver Fraser Port Authority (VFPA), Pacific Pilotage Authority (PPA), and the commercial marine sector. It extends the voluntary measures designed to reduce the impact of large commercial vessels and hopes to attain an 80% participation rate. Since the Salish Sea is bi-national waters, shared between Canada and the USA, these voluntary measures can establish effective measures and guidelines in a way that traditional regulation cannot, as it would be outside the Government of Canada’s jurisdiction. This agreement is the first of its kind in Canada and may prove to be a model for future agreements/partnerships to protect Canadian Coasts.
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GCT Global Container Terminals announces a $160 M investment
On behalf of GCT Global Container Terminals Inc., Doron Grosman, President & CEO as GCT Canada announces a $160 M investment to densify and modernize its operations at GCT Vanterm. This investment will create 1186 new direct and indirect jobs and generating $77M in wages and $187M in GDP per year. The $160 million Vanterm upgrade will increase container handling capacity and allow it to handle larger container ships within its existing footprint while reducing emissions as a result of new equipment. This announcement demonstrates continued investments in the Western Trade Corridors which will support high paying port jobs in British Columbia.
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DP World acquires Fraser Surrey Docks
DP World will be acquiring Fraser Surrey Docks terminal from a Macquarie Group fund. The deal is expected to close in the first half of 2019. The purchase consideration is below 2.5 percent of DP World’s net asset value as of December 31, 2018, which Reuters calculated to be under $300 million. DP World believes that the major steel terminal has the right location and infrastructure and location to service the increasing demand from their customers for multi-purpose facilities.
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Port of Nanaimo releases 2019 Tariff Documents
The Port of Nanaimo has released the 2019 Tariff documents, which come into effect on June 1st. the documents can be found here: https://deepsea.npa.ca/en/tariffs/
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Cruise ships collide in the Port of Vancouver
Two Holland America Line’s cruise ships collided at the Port of Vancouver’s Canada Place terminal on May 4. Just before 7:00am, the 82,820 GT Oosterdam collided with the 86,273 GT Nieuw Amsterdam while docking stern to stern. The collision did not result in any injuries, though both vessels sustained minor damage well above the waterline. There will be no impact to the future itineraries of either ship.
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CN announces increasing operations in Western Canada
CN has announced that it is increasing its operations in Western Canada with two additional major export supply chain projects coming online. The new projects are focused on maximizing the use of rail into the Port of Prince Rupert. The first train of thermal coal from Coalspur’s Vista Mine in Hinton, Alberta has shipped to Ridley Terminals. CN is also delivering the first unit train of propane from Alberta for export via the new AltaGas Ridley Island Propane Export Terminal.
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Economic output of Port of Halifax reaches nearly $2 billion
The Port of Halifax’s most recent economic impact report has found that the port’s economic output from operations in 2017/18 is $1.97 billion, up 15% from 2015/16. Combined Port of Halifax operations output and exporter output is $4.56 billion in economic output to Nova scotia (up 25%) In 2018, the total economic output for Halifax Cruise was $171.8 million (up 40%). The Port also supports 14,965 full-time equivalent jobs from port operations (up 20%).
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Clear Seas launches LNG focused site
Clear Seas has launched a new site to help Canadians access information about liquefied natural gas (LNG). The fuel is set to become the second leading energy source worldwide by 2040. The site will be a timely addition to the public policy discussion around energy and outlines a number of central issues relating to LNG as a cargo and a cleaner fuel source for the commercial marine shipping industry. Visit the site here: https://clearseas.org/en/lng/
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Mike McLeod Retirement Announcement
Following a well-respected and distinguished 38-year career with Fraser Surrey Docks Mike McLeod, Senior Manager Sales & Marketing has announced his retirement effective May 31, 2019. Mike is the last management person remaining within Fraser Surrey Docks to be originally hired by Johnston Terminals - the original owners of Fraser Surrey Docks. Mike has always eagerly been involved in company and industry functions as well as community events. He is a past President of the Vancouver Transportation Club and still maintains a role on the scholarship and audit committee. The Chamber of Shipping wishes to congratulate Mike on his well-earned retirement.
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Government
Minister Murray announces External Advisory Committee on Regulatory Competitiveness
The Honourable Joyce Murray, President of Treasury Board and Minister of Digital Government has announced the launch of the External Advisory Committee on Regulatory Competitiveness. The committee seeks to bring together business leaders, academics and consumer representatives from across the country to advise the Treasury Board on regulatory competitiveness and innovation while ensuring Canadians’ health, security and safety, and protecting the environment. In addition, the committee will champion the use of regulatory pilots and identify areas of focus for the Centre for Regulatory Innovation.
US News
New technology added to Lake Erie
The Lake Erie Energy Development Company (LEEDCo) has placed 16 high-tech buoys around the lake that are equipped with sensors that transmit a variety of real-time weather and scientific data back to shore, as well as a webcam mounted to its 6-foot-tall mast that relays 30-second snapshots of current lake conditions once hourly. The buoys detect a variety of data, including wind speed, wave height, water and air temperature, oxygen counts within the lake, and walleye migration patterns. Anyone can textcertain buoys or view them onlineto get an up-to-date weather report.
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Port of Seattle has shortlisted three teams for cruise terminal project
The Port of Seattle has shortlisted three teams for the development and operation of a new cruise facility at the north end of Terminal 46. The shortlist includes: Cruise Industry Leaders Group, a partnership between Royal Caribbean Cruise, MSC Cruises, Carnival Corporation and SSA Marine, a subsidiary of Carrix; Global Ports Holding and Civil & Building North America; and, the third one Ports America, teaming with Jacobs Engineering Group. The three teams responded to the port’s RFQ in March and will now be invited to respond to a request for proposals, expected to be released in June. The Port is targeting delivery of the new cruise terminal for the 2022 cruise season with early estimates pointing to costs of around USD 200 million.
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International News
Carriers warn missed sailings may be on the way as vessels transition to low-sulfur fuel
Carriers are warning that missed sailings may be an issue in the fourth quarter when several vessels are taken out of service for a week at a time to prepare the ships for the transition to low-sulfur fuel. While each carrier will handle the transition slightly differently based upon its fleet profile and those of its alliance partners, there is a hope that transitions will be underway well inn advance of the 2020 deadline. Installing a scrubber can take a vessel out of service for 30-40 days.
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Eastern Canada’s largest container terminal sold to Singapore based port operator
Macquarie Group Ltd. has reached a deal to sell Halterm terminal at the Port of Halifax and Penn Terminals in Philadelphia to Singaporean group, PSA International Pte Ltd. Halterm is the largest container terminal in Eastern Canada. The value of the deal and closing date have not been released.
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Japan not planning to ban use of open loop scrubbers
After scientific evidence was presented at CSA 2020, concluding that the wastewater generated by the exhaust gas cleaning process was well within regulatory limits and satisfactory from an environmental aspect, Japan’s Ministry of Land, Infrastructure, Transport and Tourism has stated it will not ban the use of open-loop scrubbers in its waters.
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Boskalis crew freed after pirate attack in the Gulf of Guinea
Through coordinated efforts from both the Spanish and Equatorial Guinea navies, the violent hijacking of the Royal Boskalis Westminster Boskalis heavy transport vessel Blue Marlin has and the crew has been safely released. The hijacking took place Sunday 5 May around 80 nautical miles offshore Equatorial Guinea, boarded by several armed pirates. The 20 crew members locked themselves in the ship’s citadel until help could arrive. The vessel sustained significant damage, as the pirates shot several times while onboard, rendering the ship un-sailable. The vessel is currently situated around 40 miles off the coast of Equatorial Guinea in international waters.
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Upcoming Events
COS Vancouver Island Committee MeetingFrom: 2019-05-27 11:00:00At: Vancouver Island Conference Centre |
Vancouver Grain Exchange Annual Golf TournamentFrom: 2019-06-14 13:30:00At: Quilchena Golf & Country Club |
International Sailors Society of Canada AGMFrom: 2019-06-18 12:00:00At: Chamber of Shipping Boardroom |
For details on any of the events noted above, visit our Events page.
Ship of the Week
May 10 - Luna Spirit
Type : VehicleCarrier
Built : 2007
Length: 180m
Breadth: 30m
Tonnage: 43810 GT
Luna Spirit is a car carrier built in 2007 by Mitsubishi Heavy Industries Ltd. It is ccurrently sailing under the flag of Panama as part of the Nissan Carrier Fleet.
