DP World, Canada port ink expansion feasibility study

Dubai-Mubasher: DP World and Prince Rupert Port Authority agreed to study the feasibility of a second expansion to the Fairview Container Terminal in Prince Rupert, according to a report on Tuesday.

The agreement aimed at further strengthening the commitment of their respective organisations to the development and growth of the Port of Prince Rupert.

DP World is the operator of the terminal and construction is currently underway for the Phase II North expansion, the statement said.

Under the agreement, DP World intends to study current marine liner services and container volume growth forecasts for trans-Pacific trade on the West Coast, weighing demand for activation of Fairview’s Phase II (South) expansion.

In early 2015, the Phase II North expansion project was launched, which will raise the terminal’s capacity to approximately 1.3 million TEUs upon completion in 2017.

 

Mubasher Contribution Time: 15-Dec-2015 10:16 (GMT)