COS Weekly Newsletter - Friday, 4 August 2023

COS Weekly Newsletter - Friday, 4 August 2023

COS Weekly Newsletter - Friday, 4 August 2023


COS Updates

Celebrate at our Centennial Gala following the Shipping 360 Conference

The Chamber Shipping is turning 100 this fall. To celebrate this milestone and to wrap up the Shipping 360 Conference program, join us at the Centennial Gala on September 28, 2023, at Vancouver's Fairmont Pacific Rim Hotel. Individual tickets and tables are available for purchase at member and non-member prices. The event includes dinner, drinks and entertainment and is black tie optional.  Sponsorship opportunities for the gala and conference are also still available.

Buy Gala tickets here. 

Register for the Shipping 360 Conference here.  

Help us illustrate our 100 year-story by sharing your photos and video 

To celebrate our 100th anniversary we want to show a full picture - pun intended! To do so, we need your help sourcing old images and video throughout the years. Do you have a great early century ship shot, or a picture from an industry event with the Chamber, or some really great b-roll or video of shipping on the west coast? Please share with us so we can feature it at our centennial gala.  

Please send images to lisa@cosbc.ca

Chamber of Shipping awards bursary to top BCIT graduates

This week, the Chamber of shipping presented bursaries to top BCIT students at at the college's Marine Campus in North Vancouver. Ashley Obeck received the award for for her academic achievement Nautical Science program, and Landon Wilson was awarded a bursary for his Marine Engineering program. There were 16 graduates in attendance, 10 students from the Nautical Sciences program, and 6 from the Marine Engineering program. Many of the graduates are already employed with Canadian shipowners and are looking forward to adventures to follow.

The BCIT Marine Campus has opened up "naming" opportunities for its classrooms, simulator and training labs, and other student areas. This is an opportunity for organizations to support marine educational and training spaces with new technology, tools and learning effectiveness. Contribution will be used to add advanced training simulators, training tools, course development, scholarships and other resources for the students, and will especially benefit mariners from underrepresented group (Indigenous, gender diverse, women and new immigrants) all leading to supporting Canada’s Marine Transportation system. This philanthropic participation will be made visible by formal recognition by BCIT with naming ceremony.

For more information contact BCIT Marine Campus Associate Dean, Dhaval Shah: dhaval_shah@bcit.ca.

West Coast News

CPKC's 2023-24 grain service outlook report

Canadian Pacific Kansas City (CPKC) published its 2023-24 Grain Service Outlook Report, outlining plans to transport Canada's grain crop for export. The company has invested in new equipment and offers access to North American and Mexican markets, and has invested over $500 million in purchasing 5,900 new high-capacity grain hopper cars to support its operations. However, challenges include recent strikes at Vancouver's port, potential labour disruptions, loading issues, poor weather, and policies risking rail efficiency. Maximizing grain exports requires using available supply chain capacity throughout the crop year. Furthermore, the revival of extended interswitching on the prairies by the government risks undermining rail efficiency and capacity, increasing transportation costs for all rail network users and diverting investment and jobs to the United States. During the 2022-2023 crop year, low demand for Canadian grain transportation, especially during the spring period, resulted in significant unused capacity on CPKC's rail network, hampering Canada's ability to maximize grain exports to global markets.

Read more. 

NAMMA Conference focusses on readiness for changes in seafarer needs

This week, the Chamber presented an overview of the seafarer COVID-19 vaccination effort in British Columbia at the North American Maritime Ministry Association (NAMMA) Conference in Seattle.  The panel focussed on the importance of cultivating partnerships and collaboration for seafarer welfare. Opening for the conference was powerful video message from Admiral Steven D. Poulin Vice Commandant, US Coast Guard recognizing our dependence on mariners, and the need to provide a safe working environment that supports physical and mental well-being, and one that is free from fear, harassment and sexual misconduct.

Canadian News

Montreal Port Authority announces the departure of CEO and president

Martin Imbleau, the President and CEO of the Montreal Port Authority (MPA), will  step down on September 8, 2023. Nathalie Pilon, Chair of the MPA Board of Directors, praised Imbleau's leadership, vision, and ability to unite stakeholders in developing the ambitious 2023–2027 MPA strategic plan. Under Martin's guidance, the Port of Montreal dealt with the challenges of the pandemic, achieved significant milestones in the Contrecoeur expansion project, and initiated a clear shift towards decarbonization. Martin expressed gratitude for the trust placed in him and his collaboration with the MPA team, stakeholders, and communities in developing a more sustainable and resilient port service.

Read more. 

Transport Canada extends passenger safety management certificates

Transport Canada's latest bulletin extends the validity of certain certificates of competency or endorsements related to Passenger Safety Management and Specialized Passenger Safety Management (Ro-Ro Vessels). The extension applies to seafarers holding these certificates that would have otherwise expired between August 1, 2023, and January 1, 2024. The six-month extension period means there is no need to submit an application to obtain the certificates. However, seafarers whose certificates soon expire are recommended to renew their documents at a Transport Canada office at least 10 business days before the expiration date, despite the granted extension. This bulletin also applies to Authorized Representatives of Canadian-flagged vessels.

Read the full bulletin.

International News

New U.S. legislation will support terminal operators to procure zero-emission equipment

A bi-partisan bill in the U.S. House of Representatives aims to provide tax incentives to private marine terminal operators for purchasing lower-emission cargo handling equipment. The bill expands the Capital Construction Fund to allow tax-deferred accounts for buying American-made equipment. The National Association of Waterfront Employers supports the bill, highlighting the high costs and need for private terminal operators to meet emission reduction requirements. The legislation is intended to promote port infrastructure development, support the industry, and create new jobs. It is currently with the House Committee on Transportation and Infrastructure for review.

Read more.

Methanol fuelled vessel orders gain momentum

Methanol is becoming the top choice as an alternative fuel for the shipping industry, with a record number of orders for new ships and retrofits. Over 200 methanol-powered vessels have been ordered because of recent developments in the field. Retrofitting existing ships with methanol engines is also gaining traction, with potentially thousands of ships eligible for conversion. To factor in being economically viable, the cost of retrofitting should not exceed 25 per cent of the new build.

Norden secures future access to renewable fuels

Danish shipping company NORDEN has acquired a minority stake in MASH Makes, a Danish-Indian biofuel scale-up. The strategic partnership allows NORDEN to access renewable fuels, specifically bio-oil, at favourable prices. NORDEN and MASH Makes have collaborated on biofuel use since 2021, giving NORDEN insights into the viability and scalability of MASH Makes' biofuel platform. The investment aligns with NORDEN's climate strategy to decarbonize supply chains. It also aims to help MASH Makes bring bio-oil products to the marine fuel market and conduct the first trial on NORDEN vessels in 2024, gradually scaling up production to become a significant supplier within three years. The partnership is seen as a step towards achieving greenhouse gas reduction targets.

Read more.

Ship owners spending big bucks on new-builds

Major shipping companies made record profits during the pandemic and are using the money to order a massive number of new vessels. However, this has led to unprecedented number of global orders of nearly $90 billion, making the industry vulnerable in the current downturn as freight rates drop and overcapacity fears resurface. Despite efforts to upgrade vessels for environmental reasons, concerns are growing about over investment. Some European owned companies are leading the ship orders. The industry is becoming more cautious, but there are worries about future challenges due to potential excess capacity and declining demand.

Read more. 

Events


Maersk's rainbow containers have served as a symbol of inclusion and diversity, boldly sharing with the world the company's stand on creating a culture where all employees, partners, and customers feel welcomed and can be themselves without judgment. Join in the celebration at the Maersk Distribution Queensborough Facility on August 9th between 1300 - 1630.


Aug 9 -  Maersk Rainbow Container, New Westminster @ 13:00-16:30

Aug 24 - Plimsoll Club Summer Social, Cold Team Room, Vancouver @ 16:30 

Aug 26 - 16th Annual Cycle for Seafarers , Vancouver, B.C 

Sept 11-13 - Ports Canada Conference - Trois-Rivieres, QC 

Sept 28 - World Maritime Day - "MARPOL at 50 - Our commitment goes on." 

Ship of the Week

August 4 - N997 - Cosco Shipping's new electric container

COSCO Shipping Development unveiled a groundbreaking electric container ship powered by portable container-sized batteries. The 700 TEU's / 10,000-DWT vessel, has a length of 119.8 meters and two 900kW main propulsion motors, making it one of the world's largest electric container ships. Compared to conventional fuel ships of its size, it can reduce carbon emissions by approximately 32 tons per 24 hours. Equipped with an intelligent ship platform and situational awareness systems, the ship ensures safety and efficiency during operations. The China Electric Ship Innovation Alliance, led by COSCO Shipping Development and COSCO Shipping Corporation Limited, aims to promote and drive innovation in electric ships with over 80 founding members from various relevant industries.


COSCO Shipping Development unveiled a groundbreaking electric container ship powered by portable container-sized batteries. The 700 TEU's / 10,000-DWT vessel, has a length of 119.8 meters and two 900kW main propulsion motors, making it one of the world's largest electric container ships. Compared to conventional fuel ships of its size, it can reduce carbon emissions by approximately 32 tons per 24 hours. Equipped with an intelligent ship platform and situational awareness systems, the ship ensures safety and efficiency during operations. The China Electric Ship Innovation Alliance, led by COSCO Shipping Development and COSCO Shipping Corporation Limited, aims to promote and drive innovation in electric ships with over 80 founding members from various relevant industries.