COS Weekly News - 8 October 2010
Monday, 11 October 2010 15:11
Issue No. 127
CN REACHES TENTATIVE 3-YEAR DEAL WITH TCRC
CN reached tentative collective agreements with the Teamsters Canada Rail Conference - Conductors, Trainmen and Yardmen (TCRC-CTY) late Friday last week averting a potential strike or lockout. Upon ratification, CN will have labour stability with this group for the next three years. Details of the three-year labour contracts are being withheld pending ratification.
The TCRC-CTY represents approximately 2,700 CN conductors, yard-persons and traffic coordinators on CN's network in
It has been brought to our attention that the NH Patrol II is out of service, with no fixed date for return. As a result there is no local service provider for stationary or in-transit pilot transfers at
The City of
Under the proposal the joint venture, which is said to include local, regional and national entities, will cover the monthly maintenance costs of the site in exchange for exclusivity rights as it relates to acquiring the former pulp mill site.
It is anticipated that due diligence and a feasibility study by the group could take six months to a year, but the idea has the support of the City of
TECK AND CANADIAN PACIFIC ANNOUNCE 10-YEAR AGREEMENT FOR COAL EXPORTS
Canadian Pacific Railway Limited and Teck Resources Limited announced today a 10-year agreement to transport Teck's steelmaking coal from its five mines in southeast BC to
The agreement reflects the companies' commitment to work together to achieve growth in the volume of coal shipped through a range of economic and marketplace dynamics and provides for flexibility over the long term. The agreement provides for investments by CP that enhance coal handling capacity to provide for Teck's volume growth.
RECORD DRAFT OUT OF
On the evening of September 23rd the Unique Carrier departed from Neptune Terminals at a record breaking draft of 17.76 M. The 177,876 DWT bulker was loaded with 164,989 MT of Teck’s metallurgical coal bound for
COOPERATION BETWEEN LAW ENFORCEMENT LEADS TO $9M SEIZURE
The Canada Border Services Agency (CBSA) announced today that border services officers at the
While examining the shipment, anomalies were detected in the stone bricks. Concealed within 238 of the 6000 bricks shipped, were cellophane-wrapped packages. The contents of the packages tested positive for suspected cocaine.
On September 17, 2010, border services officers examined a separate shipment of five marine containers that were also from
The seven marine containers combined concealed a total of 212 kilograms of suspected cocaine at a value of $7.6 to $8.5 million and 63 kilograms of suspected methamphetamine at a value of $1.2 to $1.3 million.
CBSA, RCMP and VPD officers work closely to deter the smuggling of illegal drugs into
A long standing COS policy objective was partially realized last week when the Department of Finance announced the cancellation of the long standing 25 per cent import duty on certain classes of vessel of LOA 129m and above. The formal Privy Council announcement is attached. In seeking clarification, we are advised that the term cargo vessel also includes container vessels.
The removal of duty on ships imported into
New vessels will provide important gains in efficiency thus ensuring that those Canadian manufacturers and resource producers that rely on marine transportation are competitive both within
Full details on the duty relief announced in this message will be published in the Canada Gazette, Part II on October 13, 2010.
IMO MARINE ENVIRONMENT PROTECTION COMMITTEE 61 – OUTCOMES
A comprehensive International Chamber of Shipping report on the outcome of last week’s meeting of the IMO Marine Environmental Protection Committee is attached to this week’s newsletter. Topics debated include:
§ GHG reduction measures
§ U.S. Territories ECA application
§ Future fuel availability
§ Specification of marine fuels
§ Ballast water treatment
§ Recycling of ships
§ Anti-fouling systems
Despite heavy pressure for a review, The European Commission has announced there will be no delay to the 2015 deadline for mandatory consumption of distillate fuels (maximum 0.1% sulphur content) within the Emission Control Area. In particular,
BALLAST WATER CONVENTION GAINS ANOTHER SIGNATURE
MEMORIAL FOR KAZUO JOHNNY ONODERA
A date for the memorial of Johnny Onodera has been set for Saturday, 30 October, 2010 from 14:00-16:00 at the Terminal City Club.
MR. GIUSEPPE D’AMICO
Italy's oldest ship owner, Mr. Giuseppe d'Amico, President of Italian tanker owner Fratelli d'Amico, has died after nearly 70 years in shipping. Mr. Damico was believed to be 97 years of age. The company was founded in the early 1930s by young Giuseppe and his father Massimino Ciro d'Amico to service the family timber-trading business. Two of the company’s ships survived World War II which were supplemented by the purchase of a number of Liberty Ships. In recent years, the company has largely focused on the purchase and trading of a modern fleet of product tankers.
d’Amico product tanker High Venture
On the back of a late surge in capsize rates, the Baltic Dry Index closed stronger on Thursday at 2662 compared to 2446 points last week and 2737 points the week before.
Index 4019 2372 1885
Last week 3370 2462 1847
Spot time charter $39,900/day $19,100/day $19,700/day
Last week $31,900/day $19,800/day $19,300/day
In the tanker sector with roughly 3 VLCC’s available in the
Upcoming Meetings and Events
BUSINESS OF SHIPPING – FULL DAY COURSE
October 28th – The next full-day Business of Shipping course will be held on October 28th. For more see the attached brochure or contact Rose Bray at 604-681-2351.
MEMBERS APPRECIATION RECEPTION
October 28th – Save this date for our annual Members’ Appreciation Reception at Steamworks Uber Lounge.
PLIMSOLL CLUB FALL BANQUET
November 5th - This year the Plimsoll Club’s Fall Banquet will return to downtown
Oct 11 Thanksgiving Day – Statutory
Oct 14 COS Ship & Port Operations Committee Meeting @ 12:00
Oct 14 Pacific Marine Advisory Board Meeting @ 13:00
Oct 19 VMAA Board of Directors Meeting @ 12:00
Oct 26 Plimsoll Club Board of Directors Meeting @ 12:00
Oct 27 PACMAR & NANS Meetings @ 10:30
Oct 28 Business of Shipping One-Day Course in
Oct 28 COS Members Appreciation Reception @ 17:00
Nov 1-4 National Canadian Marine Advisory Committee Meetingsin Ottawa
Nov 5 Plimsoll Club Fall Banquet
Nov 9 COS Ship & Port Operations Committee Meeting @ 12:00
Nov 9 VMAA/IMCA Meeting @ 12:00
Nov 10 COS Liner Committee Meeting @ 10:00
Nov 11 Remembrance Day - Statutory
Nov 16 ISSC Board of Directors Meeting @ 12:00
Nov 18 COS Navigation & Pilotage Committee Meeting @ 10:30
Nov 18 COS Owners Committee Meeting @ 12:00
Nov 19 COS Board of Directors Strategic Planning Session
Ship of the Week
new expedition cruise ship
Built 2010 by Fincantieri,
Owned and operated by Compagnie du Ponant
Maximum passenger capacity 268 (224 normal)
Purpose built for
Sister ship to be delivered IN 2011 L’Austral
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