15.8 C
Hamburg
Saturday, June 7, 2025
Home Port News Port Saint John to upgrade position in North America as it surpasses...

Port Saint John to upgrade position in North America as it surpasses 100,000 TEUs in 2022

Port Saint John has already moved more than 100,000 TEUs during the current year, which is an all-time record for the Canadian port.

The port said that it expects increased box volumes in the future, as it continues along its growth trajectory. The port’s capacity volumes are anticipated to reach 800,000 TEUs upon completion of construction at the DP World-operated container terminal in the next couple of years.

The private sector, the Canadian government, and the port itself have invested more than $500 million in recent years in the development of Port Saint John.

“This momentous milestone marks the start of a new journey for Port Saint John as our growth trajectory is on track to place us as one of the top container ports in Canada,” pointed out Craig Bell Estabrooks, president and CEO at Port Saint John.

With construction nearing completion at the expanded box terminal, outcomes of the project are already being realised with the attraction of the largest shipping lines, offering four weekly services through the port, which now finds itself as the second fastest growing container port on the East Coast of North America with Class I rail optionality reaching into North America important markets.

“This is a significant milestone for Port Saint John which will position it as a main Atlantic Gateway. Together with our partners, we are making major investments in DP World Saint John and the supporting logistics eco-system to enhance Canadian trade efficiency and provide sustainable economic growth for the region,” commented Maksim Mihic, CEO & general manager at DP World (Canada) Inc.

John Brooks, CP executive vice-president and chief marketing officer, noted, “the investments made in Port Saint John, combined with CP’s return to this congestion-free port after a 20-year absence, have unlocked strategic potential that sat untapped for too many years.”





Antonis Karamalegkos
Managing Editor

Latest Posts

Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
error: Content is protected !!