Chinese state-owned shipbuilder tapped to supply ferry for Canadian Crown corporation

shockedcanadian

Diamond Member
Joined
Aug 6, 2012
Messages
44,447
Reaction score
43,541
Points
3,605
Canadian taxpayer funding the Chinese economy for ferries being built. All while they hold our citizens hostage, bless our little hearts.

Canada better be careful, if the message is "we will do business with anyone, all other issues don't matter", many talented Canadians may decide to do the same and assist the very nation looking to bring us to our knees...


A huge state-owned shipyard in China is building a 1,000-passenger ferry for use by a federal Crown corporation over the objections of Canada’s shipbuilding industry and at a time when two Canadians have spent 989 days in Chinese prisons as victims of what Ottawa has called “hostage diplomacy.”


Marine Atlantic Inc. awarded a $100-million, five-year ferry charter contract in late July to Sweden’s Stena North Sea Ltd., which subcontracted construction of the 200-metre vessel to China Merchants Industry’s Jingling shipyard for delivery in 2024.


The Crown corporation has an option to buy the vessel from Stena North Sea at the end of the five-year charter. The ferry will operate between Nova Scotia and Newfoundland and Labrador.


The heavily subsidized CMI has also scooped other Canadian business. CMI’s Jinling Shipyard recently won a $20-million contract to supply the Northwest Territories with four double-hulled barges. Most of the bill was paid by the federal government.


Colin Cooke, president of the Canadian Marine Industries and Shipbuilding Association, said he finds it “very difficult to stomach” that the federal contract was approved when Canadians Michael Spavor and Michael Kovrig are incarcerated in China. They have spent 989 days in Chinese prisons with the lights on 24 hours a day.
 
Your boy Justin Castro is just following an old family tradition. Canada and China are locked at the tip. Plus there is a LOT of 'lebensraum' for those 1.3B Chinamen up there in hockey puck land.

 
Canadian taxpayer funding the Chinese economy for ferries being built. All while they hold our citizens hostage, bless our little hearts.

Canada better be careful, if the message is "we will do business with anyone, all other issues don't matter", many talented Canadians may decide to do the same and assist the very nation looking to bring us to our knees...


A huge state-owned shipyard in China is building a 1,000-passenger ferry for use by a federal Crown corporation over the objections of Canada’s shipbuilding industry and at a time when two Canadians have spent 989 days in Chinese prisons as victims of what Ottawa has called “hostage diplomacy.”


Marine Atlantic Inc. awarded a $100-million, five-year ferry charter contract in late July to Sweden’s Stena North Sea Ltd., which subcontracted construction of the 200-metre vessel to China Merchants Industry’s Jingling shipyard for delivery in 2024.


The Crown corporation has an option to buy the vessel from Stena North Sea at the end of the five-year charter. The ferry will operate between Nova Scotia and Newfoundland and Labrador.


The heavily subsidized CMI has also scooped other Canadian business. CMI’s Jinling Shipyard recently won a $20-million contract to supply the Northwest Territories with four double-hulled barges. Most of the bill was paid by the federal government.


Colin Cooke, president of the Canadian Marine Industries and Shipbuilding Association, said he finds it “very difficult to stomach” that the federal contract was approved when Canadians Michael Spavor and Michael Kovrig are incarcerated in China. They have spent 989 days in Chinese prisons with the lights on 24 hours a day.
Thought you'd find this interesting

Business interests, from U.S. farmers to global ocean carriers, are warning of severe economic damage from proposals being considered by Trump to hit containerships made in China with steep fines when they call on U.S. ports.

The goal of bringing more shipbuilding back to the U.S. is at odds with reality in the global ocean trade market where virtually all container traffic will soon be carried on ships built in China.

An estimated 98% of the global fleet would be subjected to fees when calling on U.S. ports.

Trump saying in his recent speech to Congress that he will create a new office of shipbuilding in the White House that would offer special tax incentives to bring more shipbuilding back to the U.S.

 
Back
Top Bottom