Wednesday, December 22, 2010

Heney pumped about laker purchases

The top man in the Thunder Bay Port Authority says it proves the St. Lawrence Seaway is here to stay. Tim Heney says the decision by Algoma Central to buy 4 new lake freighters from China is a significant shot in the arm for the system. He calls it excellent news and shows the removal of the 25 per cent seaway duty is having an impact. He adds, the purchase shows a lot of faith in the seaway system.