5.8 C
Hamburg
Thursday, April 18, 2024
Home Port News DP World eyes second container terminal at Prince Rupert Port

DP World eyes second container terminal at Prince Rupert Port

UAE-based global port operator DP World and the Prince Ruper Port Authority have entered into a two-year agreement to explore possibilities for a new container terminal in the Canadian port.

The potential project would add up to 2 million TEUs of annual capacity to the Port of Prince Rupert, boosting Canadian trade capacity with important Asia-Pacific markets.

The proposed terminal represents the continued advancement of the Prince Rupert Port Authority’s container terminal master plan done in 2019, which outlined the potential for an additional box terminal, south of the existing Fairview Terminal.

"A second container terminal will help consumers, exporters and industries across the country while continuing to contribute significant economic benefit for local communities, the broader region and our Indigenous partners," commented Shaun Stevenson, president and CEO of the Prince Rupert Port Authority.

Conceptual drawing of a second container terminal at the Port of Prince Rupert.

With this agreement, the two parties will begin various studies on the proposed site, with a focus on steps required to minimise environmental and community impact, improve the resilience of Canadian supply chains, and ensure the project’s full integration into the port’s intermodal ecosystem.

"The feasibility studies will employ a pragmatic approach, exploring the use of advanced technologies and ideas to position the new terminal as an industry leader within Canada and the world," said Maksim Mihic, CEO and general manager of DP World (Canada) Inc.

Once the study period is complete, both partners will finalise a definitive project development plan that will be subject to regulatory review and authorisation.





Latest Posts

Singapore Shipping Association unveils tool to enhance cyber risk management

Singapore Shipping Association (SSA), a trade association advocating for the interests of over 500 Singapore-based companies involved in ship owning, operating, and maritime services,...

MSC applies new prices from Far East to Europe

Swiss/Italian container carrier MSC will implement the following new Freight All Kind (FAK) rates from Asia to Europe. Effective as from 1 May but not...

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container...

Port of Rotterdam achieves 10% CO2 emission reduction in 2023

In 2023, there was a 10% reduction in CO2 emissions at the port of Rotterdam compared to 2022, amounting to a decrease of 2.2...

ONE and Portchain ink deal to drive sustainability

In the fall of 2023, Ocean Network Express (ONE) partnered with Portchain to focus efforts on enhancing collaboration with container terminals through the innovative...