Lower oil prices, a weaker Chinese economy and trade sanctions with Russia are contributing to less cargo passing through the Port of Everett this year.
While a decline had been expected, it was greater than what port officials had forecast because of a dramatic drop in cargo for oil projects in Alaska and Canada.
Controversy dogs the cargo ship Dutch Runner, docked for three years off the coast of Nova Scotia.
From the Chronicle Herald:
After three years of sitting unmanned and empty at the Port Hawkesbury pier, and after a dust-up between the new crew, its union and the ship’s owners, the 84-metre bulk carrier Dutch Runner [...]
The crew of a Hanjin Shipping vessel docked at the Port of Vancouver is being well looked after, a local chaplain has confirmed, despite many of the company’s vessels across the Pacific being left in limbo after the company filed for protection from creditors.
The Hanjin Vienna, a 280-metre-long container ship, landed at the Deltaport [...]
World’s largest miner BHP Billiton, the company behind the massive $2.6 billion Jansen potash project in Canada’s Saskatchewan province, may place it in the back burner if prices for the fertilizer ingredient don’t pick up by the end of the decade.
The company, which posted Tuesday its worst-ever annual loss, had already cut $130 million [...]
Almost every member of the Nipawin Fire Department and all of its six trucks were called out to a fire at Bunge, just south of Nipawin the evening of Tuesday, August 2.
“It was a fire in the machinery,” said Chief Brian Starkell.
There were no injuries reported. An investigator will be coming up [...]
CTV reports the worker ”fell approximately four meters down a ladder and landed on a platform.” We are wishing him a quick and full recovery.
A worker is recovering from a broken leg and minor head injury after stumbling from a crane platform at the Port of Vancouver Friday night.
Members of [...]
Is the Port of Vancouver in British Columbia or in Washington State?
Until recently, the north-of-the-border port was called “Port Metro Vancouver.” But earlier this month, the Canadian port changed its name to simply “Port of Vancouver.”
Washington’s port, across the Columbia River from Portland, Oregon, remains “Port of Vancouver USA” — check [...]
From CBC News:
Stiglitz said the provision could be used to prevent raising of minimum wages.
Nobel Prize-winning economist Joseph Stiglitz says the Trans-Pacific Partnership may well be the worst trade agreement ever negotiated, and he recommends Canada insist on reworking it.
“I think what Canada should do is use its influence to begin a [...]
From The Northern View:
New evidence that container shipping lines are choosing Prince Rupert has popped up recently, with the shipping line ‘MSC’ and a new brand of containers coming through the gateway in late 2015 and now in early 2016.
MSC (part of the 2M Alliance consisting of Maersk Line and MSC) has serviced [...]
From World Grain:
Prince Rupert Port Authority announced on Jan. 22 that a 26% surge in container volumes and the continued success of grain and wood pellet terminals at the Port of Prince Rupert helped stabilize overall 2015 results in the wake of declining coal volumes and international commodity markets.
“The 2015 cargo volumes achieved [...]
Canadian Pacific Railway’s attempt to takeover Norfolk Southern Railway has already raised alarm with a group of Illinois lawmakers and prompted a pointed response from the Canada railroad.
Sen. Dick Durbin, D-Ill., on Dec. 14 urged the U.S. Surface Transportation Board, the rail regulatory agency, to consider the potential negative impact of the Canada railroad’s [...]
From the Journal of Commerce:
A proxy war has been all but declared, analysts say, after Canadian Pacific Railway announced Wednesday it had upped its hostile bid for Norfolk Southern Railway by some $3.4 billion.
It’s the second time the Calgary-based railroad has attempted to sweeten the pot after NS shareholders called CP’s first two [...]
Anglo-Australian miner BHP Billiton will cut 76 jobs from its Canadian potash operations due to low commodity prices, a company spokesperson said on Friday.
Work continues on sinking and lining shafts at BHP’s potash mine near Jansen, Sask., about 60 km southeast of Humboldt, according to the spokesperson.
The mine would be the world’s biggest [...]
Japan’s Prime Minister Shinzo Abe and Canada’s prime minister-designate Justin Trudeau agreed to promote the Trans-Pacific Partnership (TPP), Japan’s foreign ministry said in a statement.
Last month, 12 Pacific Rim countries including Japan and Canada agreed the TPP, a pact which aims to liberalize commerce in 40 percent of the world’s economy by reducing or [...]
From the Canadian Press:
Creating the Arctic Coast Guard Forum is considered a significant step forward for international co-operation in the region and will flesh out previous search and rescue agreements.
“(The forum) will be an operationally focused organization that strengthens maritime co-operation and co-ordination in the Arctic,” said an emailed statement from the United [...]