The Port of Halifax and the Suez Canal Authority enter into an MOU
May 14, 2007
Halifax, NS –The Halifax Port Authority and the Suez Canal Authority have entered into a memorandum of understanding. This agreement is aimed at generating new business by promoting the all water route between Asia and the Indian Subcontinent by moving cargo through the Port of Halifax via the Suez Canal.
This memorandum will benefit the mutual interests of both parities and allow for further cooperation and information sharing. “The Suez Canal is a vital connection for the Port of Halifax with Asia and the Indian Subcontinent. Our Port’s future growth will benefit from this relationship as global trade and shipping continues to grow” said Michael Cormier, Vice President, Business Development & Customer Relations, Halifax Port Authority.
The Halifax Port Authority is a government business enterprise mandated by the Federal Ministry of Transport. The HPA leads in the development of the Port of Halifax, serving as a catalyst for the local, regional and national economies and has a mandate to be financially viable. The Port of Halifax has a total annual income impact of almost $700 million and an employment impact of over 9,000 direct and indirect jobs.
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For more information please contact:
Michele Peveril, Manager Corporate Communications and Public Affairs
Halifax Port Authority
Tel: (902) 426-1060
Fax: (902) 426-6473
E-mail: mpeveril@portofhalifax.ca
