Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Treasury Board News

16 Mar 2017

Irving Shipbuilding Invests in Ocean Technology Programs

Irving Shipbuilding Inc. said it has made a multimillion dollar investment to support marine innovation and commercialization in Nova Scotia and across Canada. The shipbuilder is investing $4.52 million in the newly established Centre for Ocean Ventures and Entrepreneurship (COVE), an ocean innovation centre to be located on the waterfront in Dartmouth, Nova Scotia. The investment over the next five years represents the largest private sector contribution COVE has received to date. At COVE, ocean science research, start-ups, R&D-intensive companies, industry and Nova Scotia post-secondary institutions will work together to create a cluster of marine innovation and commercialization, and become global leaders.

17 Sep 2010

Canada Funds Green Port Project in Prince Rupert

The Honourable Stockwell Day, President of the Treasury Board and Minister for the Asia-Pacific Gateway, today announced that the Government of Canada will invest $2.5m in the Prince Rupert Port Authority’s (PRPA’s) Fairview Terminal project to provide shore power capacity to container ships through an electric cable management system. Prince Rupert will be the first Canadian port to offer shore power for container ships. “This project will promote greener freight transportation alternatives for Canadians and significantly improve local air quality,” said Minister Day. The project is expected to reduce local greenhouse gas emissions by up to 4…

03 Aug 2010

2010 Mid-Year Stats, Rebound In Port Metro Vancouver

Port Metro Vancouver has released the 2010 mid-year results of overall throughputs in the Cargo Statistics Report. The report shows that 2010 is building momentum, with an overall tonnage increase of 20 per cent totalling 58.4 million tonnes to date. "As a significant economic generator for Metro Vancouver, the Province, and Canada, we are cautiously optimistic. Significantly improved half-year numbers are good news for all Canadians and signs of continued growth point to a return to 2008 pre global economic downturn levels possibly as soon as 2011," said Robin Silvester, President and Chief Executive Officer, Port Metro Vancouver, "Importantly during a slower 2009…

02 Sep 2009

Shore Power for Cruise Ships, Canada

Port Metro Vancouver unveiled its new shore power facility at the Canada Place cruise ship terminal. The port is the first in Canada to install shore power for cruise ships, and only the third in the world to do so. The shore power installation at the home port of the Vancouver-Alaska cruise — one of the world's most popular cruises — is the result of a $9m cooperative initiative between the Government of Canada, the British Columbia Ministry of Transportation, Holland America Line, Princess Cruises, BC Hydro and Port Metro Vancouver. Representatives from each of the participating organizations gathered at Canada Place today to formally launch the project.

27 Mar 2006

B.C. Approves New Ferries

The B.C. government treasury board approved funding for three replacement ferries on its north coast routes on March 22, the same day Premier Gordon Campbell flew up to the site of the first-ever sinking of a BC Ferry. The Queen of the North sank after apparently hitting a rock at 12:43 a.m. Its 99 passengers and crew were safely evacuated to lifeboats and picked up within two hours by a Canadian Coast Guard vessel patrolling in the area. The incident took place in Wright Sound, after an 8 p.m. departure from Prince Rupert on the 274 km trip down the Inside Passage to Port Hardy. (Source: Peninsula News Review)

24 Mar 2006

B.C. to replace 3 Ferries

The B.C. Treasury Board on March 22 approved an agreement that will allow the long-awaited purchase of replacements for the vessels on northern routes. The Treasury Board meeting was previously scheduled, and it was a coincidence that it was on the day that the passenger ferry struck a rock and sank off the north coast of the province. The terms of the agreement, under which the province will pay increased service fees to B.C. Ferries, have not been made public. It is estimated that the total cost to replace the Queen of the North, Queen of Prince Rupert and Queen of Chilliwack will be about $300 million. The new ferries should be in operation between 2009 and 2011. The three northern ferries were scheduled to be retired by 2010. (Source: Globe and Mail)

17 Oct 2005

Navy Mulls Two Large Amphibious Assault Ships

The Canadian navy is drafting a plan to acquire two large amphibious assault ships capable of transporting thousands of troops and dozens of tanks and trucks across the seas, according to a report in The Brandon Sun. The idea, which merited a passing reference in last spring's defense policy statement, is expected to go before the federal Treasury Board next year for consideration, said the director of the navy's maritime requirements. The acquisition of the ships, that can resemble small aircraft carriers, are in addition to the navy's $2.1-billion project to build three regular supply ships. In April, Ottawa laid out a sweeping new plan for its Armed Forces, promising a better-equipped, more efficient and more effective military at home and abroad - all within five years.