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New contract for Port of Montreal longshoremen
[February 25, 2013]

New contract for Port of Montreal longshoremen

MONTREAL, Feb. 25, 2013, 2013 (Canada NewsWire via COMTEX) -- The Montreal Port Authority (MPA) is extremely pleased that the Maritime Employers Association and the Longshoremen's Union have signed a new six-year collective agreement.

The new accord, which provides for work schedules better adapted to market requirements as well as a gradual salary increase, sets working conditions at the Port until the end of 2018.

"This agreement is excellent news for the MPA and all of its partners as it sends a very positive message of stability to port clients around the world, and it allows us to continue our work on various development projects related to our activities," said Ms. Sylvie Vachon, President and CEO of the Montreal Port Authority.

About the Port of Montreal Operated by the Montreal Port Authority (MPA), the Port of Montreal is a major diversified transshipment centre that handles all types of goods - containerized and non-containerized cargo, liquid bulk and dry bulk.

It is a leading container port served by the largest container shipping lines in the world.

The Port of Montreal handled 1,375,327 TEUs (twenty-foot equivalent units) in 2012, representing 12,032,966 tonnes of cargo.

The Port also handled 9,075,189 tonnes of liquid bulk, 3,467,394 tonnes of dry bulk and 3,070,054 tonnes of grain in 2012.

The Port of Montreal has its own rail network directly dockside. It is connected to the two national rail networks and a highway system. The Port operates a passenger terminal that welcomed 60,670 passengers and crew members in 2012. All other terminals are run by private stevedoring firms.

Port activity supports 18,200 jobs and generates $1.5 billion in economic spin-offs annually.

SOURCE: PORT OF MONTREAL To view this news release in HTML formatting, please use the following URL: SOURCE: PORT OF MONTREAL Yves Gilson Acting Communications Director Telephone: 514-283-7050 Fax: 514-283-0829

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