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Hapag-Lloyd's container market share in Canada increases to 18pc

CONTAINER shipping line Hapag-Lloyd has seen its market share in Canada rise to 18 per cent over the past year. 

Hapag-Lloyd's container market share in Canada increases to 18pc
17 July 2016 - 21:12

Hapag-Lloyd's container market share in Canada increases to 18pc
CONTAINER shipping line Hapag-Lloyd has seen its market share in Canada rise to 18 per cent over the past year. 
The carrier is the largest liner shipping company in terms of throughput volume at both the port of Vancouver and the port of Halifax. It also handles more containers in Montreal than in Los Angeles and Long Beach combined.
In order to be able to sail the St Lawrence River, which is quite shallow in places, with increasing transport volumes, Hapag-Lloyd has included some modern wide-body ships in its Montreal services, which can offer more capacity due to their low draught. 
The ocean liner has three services that connect Quebec and Europe, which call only at Montreal on the Canadian side (SLCS1 and SLCS2 to Northern Europe and MCA to the Mediterranean). Additionally, three Europe services also call at Halifax on Canada's east coast and six services at Vancouver on the west coast (to/from Asia and Australia/Oceania).
During a visit by the Premier of Quebec, Philippe Couillard, to Hapag-Lloyd the Premier learned about the strategic plans for the Canadian market in discussions with the executive board and presented the maritime strategy of Quebec. 
Quebec wants to make better use of the economic potential of the St Lawrence River and secure it over the long term ?mainly in relation to cargo transport and logistics.
"It's not just been since our 2006 fusion with the Canadian shipping company CP Ships that the port of Montreal has been one of the most important ports in our global portfolio. We are naturally quite interested in the port's further development and infrastructure,?stated chief operating officer at Hapag-Lloyd, Anthony Firmin, in a company release.

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