Monthly Archives: August 2019

PSA Acquires Halterm

As previously announced, today PSA International Pte Ltd has completed the acquisition of Halterm from Macquarie Infrastructure Partners. This is a good news story for the port, as PSA is a terminal operator, and not simply an investment fund. PSA will work with Shippers, CN, and the port to increase business, and has extensive operations around the world.

With the Pier Expansion underway, and a new crane on order (with an option for a second) things are looking good at Halterm today.

PSA’s other Canadian facility is the Ashcroft Terminal, British Columbia’s largest inland port facility. Ashcroft Terminal is located approximately 300km east of the Port of Vancouver, close to the major highways, and offers unique rail connectivity to both Class 1 railroad lines – CN and CP

CCGS Frederick G. Creed survey work of the coast.

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The CCGS Frederick G. Creed has been conducting survey work off the Eastern coast of Nova Scotia for the past few weeks. the vessel sails from BIO in the morning, and returns in the evening, and appears to operate on a 7am to 7pm schedule. the ship works for the Canadian Hydrographic Service.

Built in 1988 by SWATH Ocean Systems in San Diego, the ship utilizes a Swath Design.SWATH stands for Small Waterplane Twin Hull. Unlike a catamaran, which features two displacement pontoons in the water, the SWATH design is like resting the ship on top of two submerged submarines. the bulk of the hull mass is submerged below the surface, and only a narrow volume is taken up at the water surface. By placing the majority of the ships displacement under the surface, it remains unaffected by wave action.

As a result the ship is incredibly stable in rough sea states. SWATH technology was developed by a Nova Scotian, Frederick G. Creed in the 1930’s, and awarded a British patent in 1946. The CCGS Frederick G. Creed is the Coastguards only SWATH design in the fleet, and appropriately bears the name of the inventor of the technology.