Friday, 21 September 2018 14:43

Steelhead LNG contracts design of newbuilds

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Steelhead LNG has closed a deal with South Korea's Hyundai Heavy Industries Co. Ltd. to provide engineering and design of two LNG hulls as part of phase one of the Kwispaa LNG project on Vancouver Island. Each hull is expected to measure 340 metres in length and 60 metres wide and feature five individual tanks that provide approximately 280,000 cubic metres of LNG storage. The construction of the two hulls will cost US$500 million and the contract secures the price for future construction of additional hulls. The Kwispaa LNG Project is a proposed LNG export facility located at Sarita Bay on Vancouver Island on land owned by the Huu-ay-aht First Nations, who co-manage the project that is expected to be operational in 2024.

Friday, 21 September 2018 14:39

Seaspan closes US$150M Public Offering

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Seaspan ULC (Seaspan) has announced the closing of its public offering of 6,000,000 shares for US$150 million. Seaspan said it will use the proceeds for general corporate purposes, which may include funding acquisitions, debt repayments, and redeeming certain preferred shares. Seaspan charters vessels for long-term, fixed-rate, time charters to container shipping lines. Seaspan’s operating fleet consists of 112 containerships with a total capacity of more than 900,000 TEU.

Friday, 21 September 2018 14:35

BIV statistics on NIMBY-ism

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Business in Vancouver shares its findings as British Columbia’s municipal election campaigns ramp up. There is clearly a growing proportion of the population with a not-in-my-backyard (NIMBY) attitude and we can expect that over the next five weeks, this will dominate political discussions in various municipalities.

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The Government of Canada has launched an engagement plan with business, industry, academia, Indigenous Peoples, and different levels of government to help develop a ‘Made-in-Western-Canada’ growth strategy. The strategy will reflect unique regional advantages of each province and help stimulate economic growth. More information on the regional landscape of Western Canada can be found in the Western Canada Growth Strategy Engagement Paper. The public is encouraged to share their ideas through an online discussion forumgroup discussions, or e-mails to This email address is being protected from spambots. You need JavaScript enabled to view it.. The engagement period will close on November 16, 2018.

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During the G7 ministerial meetings in Halifax this week, the Government of Canada outlined its plans to address current threats to our oceans and fisheries by combatting illegal fishing, fighting marine litter and plastic pollution, and building resilient communities. $148M will go to various initiatives, including funds towards the Global Fishing Watch program, the creation of an international fund to address plastic waste in developing countries, and support small island developing states (SIDS). Details can be found at

Friday, 21 September 2018 14:24

New Honorary Chief Commissioner of CCG

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Her Excellency the Right Honourable Julie Payette, Governor General of Canada has been named Honorary Chief Commissioner of the Canadian Coast Guard. The Honorary Chief Commissioner’s roles and responsibilities include national ceremonial and promotional initiatives that celebrate the crucial role the Canadian Coast Guard plays in saving lives and protecting the marine environment.

Friday, 21 September 2018 14:17

IMO progresses on Methanol-fuelled vessels

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The International Maritime Organization’s sub-Committee on Carriage of Cargoes and Containers (CCC5) has developed draft interim guidelines covering the safety of ships using methyl/ethyl alcohol as fuel. The draft guidelines completes the work undertaken by the Correspondence Group on Development of Technical Provisions for the Safety of Ships using Low-flashpoint Fuels and are designed to provide for the safe design and operation of ships. 

Friday, 21 September 2018 14:13

Sinotrans moves to privatization

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Hong Kong-incorporated shipping company Sinotrans Shipping, part of Sinotrans & CSC Holdings, has unveiled the possibility of privatization. An announcement regarding the possible privatization of the company will follow a short-term trading halt in line with the Hong Kong Code on Takeovers and Mergers.  Sinotrans & CSC Holdings and China Merchants Group finalized a merger last April. Operating through three shipping segments, Sinotrans Shipping currently has a fleet of more than 50 bulkers, containerships and tankers, according to VesselsValue’s data.

Friday, 14 September 2018 11:30

GCT Canada Planners Ratify Agreement

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The tentative five-year collective agreement reached for GCT Canada Planners and Assistant Planners on September 6, 2018 was ratified on September 12, 2018 by GCT Canada employees that are members of the International Longshore and Warehouse Union (ILWU) Local 502 bargaining unit. 

Friday, 14 September 2018 11:29

Clear Seas releases ETV needs assessment

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Clear Seas Centre for Responsible Marine Shipping commissioned Vard Marine Inc. to examine the capabilities required for a single emergency towing vessel (ETV) that is expected to render assistance to a disabled ship drifting along Canada’s Pacific coast. The newly released Emergency Towing Vessel Needs Assessment is intended to inform decision makers, response professionals and the public regarding the extensive capabilities that are required to be able to respond to emergency towing scenarios.

WD Logo

Western Economic Diversification Canada
(WD) has launched an engagement plan to develop a regional growth strategy with Western Canadians for Western Canadians.  The Government is committing $208 million over five years to promote the development and diversification of the Western Canadian economy. This strategy will grow the region’s economy, create good middle-class jobs, and lay the foundation for long-term prosperity across the four western provinces.  Western Canadians are invited to share their ideas online to help shape the Western Canada Growth Strategy.

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This week the Honourable Marc Garneau, Minister of Transport, and the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, hosted a roundtable discussion to provide grain producers, shippers, and railways an opportunity to share information, to address challenges specific to grain transportation, and support the implementation of new measures that will help advance common goals.

Topics covered included:

  • the Transportation Modernization Act, which provides a strengthened suite of freight rail measures for all shippers, including the ability to seek reciprocal financial penalties in service agreements with railways;
  • new data provisions that will significantly improve transparency across the freight rail system and provide insight into railway service and performance;
  • the importance of sharing information, particularly in the context of forecasting and planning; and,
  • the movement of all traffic during winter weather conditions.

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