DP World wins lease deal for Canada container terminal

Dubai – Mubasher: DP World on Saturday announced signing an agreement the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

"The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after," the port operator said in a statement.

The lease agreement will follow the Port Authority’s completion of the expansion works, which will create a 350 metre deep-water berth, an enhanced stacking area and a 12,000-foot intermodal rail yard capable of handling a full train.

The Rodney Container Terminal is a multi-purpose terminal handling container traffic in Saint John, the only Atlantic Canada port that is served by the country’s Class I railways, Canada National Railway (CN) and Canada Pacific Railway (CP) and is CP’s only Atlantic gateway port, the statement added.

Mubasher Contribution Time: 30-Jul-2016 22:12 (GMT)
Mubasher Last Update Time: 30-Jul-2016 22:12 (GMT)