DP World has entered into a long-term lease agreement to expand and operate the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

Under the deal, DP World will take over running the daily operations of the terminal starting from January next year, and work with the Saint John Port Authority on an expansion programme to make a 350m deepwater berth, an improved stacking area, and a 12,000ft intermodal rail yard.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The work is expected to be completed in 2021, and after that the lease will continue for 30 years.

"Our international experience and expertise will be further enhanced with this project."

As part of the deal, investment in modern container handling equipment capable of serving post-panamax container vessels will be made.

More gantry cranes and container handling equipment in accordance with the Port Authority’s expansion works programme will also be added.

See Also:

DP World group chairman and CEO Sultan Ahmed Bin Sulayem said: “We believe that the future growth prospects for the port are strong and we are excited to be participating with Saint John Port Authority in their expansion plans.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Our investments and commitment to Canada are for the long term, contributing to trade and the development of its national and local economies as well as providing employment for people with a leader of world trade.

“Our international experience and expertise will be further enhanced with this project.”

In Canada, the company already operates three terminals; Centerm terminal in Vancouver, Fairview Terminal in Prince Rupert and Duke Point Terminal in Nanaimo.

DP World’s latest deal in Saint John is expected to bring benefits to importers and exporters in New Brunswick and the Maritimes regions.

Recently, DP World signed a memorandum of understanding (MOU) with Taiwan International Ports Corporation (TIPC) to develop Kaohsiung Port’s Terminal 7 in Taiwan.