QSA's Week in Freight & Ports (#3, 2024)
Canada invests in green shipping; Coast Guard strengthens global ties; Rail freight drops; Montreal port mediation stalls.

Start Date: 2024-10-19
End Date: 2024-10-25
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Main Stories
Canada Invests $22.5 Million in Green Shipping Corridor for Nova Scotia
The Government of Canada announced a significant investment of up to $22.5 million to support the development of a green shipping corridor in Nova Scotia. This funding will be allocated to EverWind Fuels to purchase equipment and improve infrastructure for handling green ammonia, a clean fuel alternative. This initiative is part of Canada's broader strategy to decarbonize the marine sector and promote clean energy adoption at ports, potentially impacting the freight and ports industry by setting new standards for environmental compliance and green technology integration.
Sources: ['Announcements: www.canada.ca']