Shipping company invests $500 million in new ships
- Editor H2ONotes [ 2/16/2012 - 07:12 ] #
Canada's biggest Great Lakes- St. Lawrence Seaway
shipping company is on a $500-million shipbuilding binge to renew a
significant number of its aging fleet.
Corporation's Greg Wight spoke about it this week to Georgian College
marine school cadets and at the 122nd annual International Shipmasters
Association conference in Owen Sound.
Wight, the company president
and chief executive officer, said the long-term future of the industry
had been far less certain only a few years ago.
re-investing in the industry --if you were it was piecemeal on fixing
older ships," he said Saturday morning in an interview over coffee. more...