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Tag Archives Great Lakes — page 3

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Great Lakes Face Stresses From Run-Off, Invaders

chica go/re uters Great Lakes shorelines are becoming clogged by algae blooms fed by agricultural run-off, while invasive mussels decimate the food chain in deeper waters, according to the National Wildlife Federation. The five lakes, which contain one-fifth of the world s fresh water and supply tens of millions of people, may be veering close
News

Algoma Seals Upper Lakes Acquisition

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About five months ago, an investment banker approached Algoma Central Corp. with an offer that didn’t come as a complete surprise to president and CEO Greg Wight. With owner Jack Leitch in his 90s, privately held Upper Lakes Group wanted to sell its vessels and related marine assets. As a longtime partner in Great Lakes
News

Optimistic Outlook For Seaway

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The St. Lawrence Seaway accomplished a remarkable turnaround in 2010 and is hoping to perform even better this year as the North American economy recovers. It wanted to start the 2011 navigation season with a splash so it picked March 22, an earlier- than-usual opening. Then Finance Minister Jim Flaherty selected March 22 for his
Cereals, News

Algoma Central Takes Over Upper Lakes

Algoma Central has secured the title of the largest Canadian shipowner on the Great Lakes with an agreement to acquire the vessels and marine assets of Upper Lakes Group (ULG). In a statement issued late Feb. 25, Greg Wight, president and CEO of Algoma, which is 110 years old, said the company hopes to conclude
Crops

New Ships To Sail The Great Lakes

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Amajor facelift is coming to the transportation of grain and other commodities on the Great Lakes. Algoma Central has announced it will acquire at least four new bulk carriers for service on the lakes and in the St. Lawrence Seaway. That comes on top of Canada Steamship Line’s plan to purchase five new seaway-sized bulk
Cereals, Opinion

Maintaining Trade Is Ongoing Battle – for Aug. 5, 2010

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As everyone knows, agriculture is at the mercy of the weather. Agriculture is also at the mercy of trade disruptions. Saskatchewan is the world’s largest exporter of canaryseed and a trade issue has emerged with Mexico, our largest customer. Mexican officials have been complaining about the level of wild buckwheat seeds within canaryseed shipments. Back
Cereals, Crops

Seaway Shipments Up Sharply

Cargo shipping through the St. Lawrence Seaway, connecting North America’s Great Lakes with the Atlantic Ocean, rose 18 per cent in the first four months of the year from the year-before period, signalling a rebound in the manufacturing sector, seaway officials said May 11. Total cargo shipments rose to nearly 3.7 million tonnes, with iron

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