The Vancouver Fraser Port Authority and GCT Global Container Terminals have entered into a Memorandum of Understanding to explore a partnership for the development and operation of Roberts Bank Terminal 2 at the Port of Vancouver, supported by the Major Projects Office.
The parties will work collaboratively over a one-year exclusive period to share information and negotiate toward a Joint Development Agreement.
As Canada’s largest port, the Port of Vancouver plays a central role in national trade and economic competitiveness.
The development of Roberts Bank Terminal 2 is positioned as essential to meeting future container demand, improving supply chain resilience and maintaining Canada’s standing in global trade.
GCT is considered a natural candidate to bring operational expertise and long-term investment capacity to the project.
Under the MOU, VFPA will continue to lead development of the RBT2 landmass and retain responsibility for permitting and engagement with Indigenous communities.
GCT’s role will be assessed through a structured process examining the synergies, benefits and operational capabilities it can contribute as potential terminal builder and operator. As part of the arrangement, GCT will withdraw its separate application for the Deltaport Berth 4 expansion project and redirect its focus toward advancing RBT2.
Peter Xotta, President and CEO of the Vancouver Fraser Port Authority, described the MOU as a significant step in project delivery planning, noting GCT’s strong track record at the Port of Vancouver as a key consideration.
Eric Waltz, President and CEO of GCT Global Container Terminals, framed the partnership exploration as an opportunity to contribute the company’s operational expertise and investment capacity to a project of national strategic importance.
