Canada to Fund Short Sea Shipping Project

MarineLink.com
Wednesday, July 03, 2013

The Honorable Peter Van Loan, Leader of the Government in the House of Commons, on behalf of the Honorable Ed Fast, Canada’s Minister of International Trade and Minister for the Asia-Pacific Gateway, Dr. James Lunney, Member of Parliament for Nanaimo—Alberni, and Mr. Robert Bennie, Chair of Nanaimo Port Authority, today announced funding for a short sea shipping project in British Columbia, further bolstering Canada’s Asia-Pacific Gateway and Corridor Initiative (APGCI).

Under APGCI, Canada’s government is contributing up to $4.65 million to modernize the Nanaimo Assembly Wharf area and rehabilitate an aging dock that has not been active for over 10 years due to its condition.

Short sea shipping is a multimodal concept. It involves the marine transportation of passengers and goods that takes place within and between Canada and the rest of North America, helping to create jobs, growth and prosperity in local communities.

The APGCI is a key element of the Government of Canada’s pro-trade plan to open new markets that increase Canadian exports and create jobs and prosperity. The federal government has invested $1.4 billion in infrastructure projects worth $3.5 billion in partnership with the four western provinces, municipalities and the private sector.

tc.gc.ca
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

Oil Prices Retreat from Short-covering Rebound

Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet the market had not shaken off a six-month long rout on oversupply concerns.

Government Update

Jaenichen Tours Port of Brownsville

The U.S. Department of Transportation’s Maritime Administrator Paul ‘Chip’ Jaenichen today visited the future site of a marine cargo dock at the Port of Brownsville made possible,

Abigail Ross Hopper Named BOEM Director

Secretary of the Interior Sally Jewell today named Abigail Ross Hopper as the Director of the Bureau of Ocean Energy Management (BOEM), which manages the development

USCG Says Unaffected by Cuba Policy Changes

The U.S. Coast Guard (USCG) issued a statement today stating that the United States’ Cuba policy change will not impact its missions annd operations. “Coast Guard

Logistics

WSC CEO Koch to Retire in 2015

Chris Koch, current president and CEO of the World Shipping Council (WSC), will retire from his position on July 31, 2015, and WSC Senior Vice-President and General Counsel,

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1258 sec (8 req/sec)