Halifax recently lifted its 15 millionth TEU, marking a dawn of a new era after January 1 when UN eco regulations make the port more attractive to shippers than it ever was before.
"This is a significant achievement for the entire Port of Halifax community," said Halifax Port Authority CEO Karen Oldfield. "Every container that passes through the port helps to build the economy of our province and our country."
Come January 1, all ships plying the North American coast and inland waters, such as the St Lawrence River system as well as the English Channel, Baltic and North Sea will have to use low sulphur fuel, which today costs 60 per cent more.
Inland ports like Montreal will be at risk with shipping lines already posting January US$165 per TEU fuel surcharges for Baltic to Montreal cargo to cover the costs of transit through the new emission control areas (ECA) of 2,000 miles.
Halifax, with only 200 nautical miles of ECA to traverse to the open sea beyond the control zone will have a big cost savings advantage after January 1 vis-a-vis inland ports like Montreal.
Halifax also marks the near completion of the Richmond Multipurpose Terminals, providing the port with a 450 metre new dock with 14 metres along side; 7,000 square metres of shed space with rail doors, rail access and truck access and a five-acre laydown yard.
PORTS
30 September 2014 - 22:21
Halifax fetes 15 millionth TEU as it awaits benefits of crippling eco-law
Halifax recently lifted its 15 millionth TEU, marking a dawn of a new era after January 1 when UN eco regulations make the port more attractive to shippers than it ever was before.
PORTS
30 September 2014 - 22:21
Halifax fetes 15 millionth TEU as it awaits benefits of crippling eco-law
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