Port operator DP World has entered into an agreement with the Prince Rupert Port Authority (PRPA) to study further expansion of the Fairview Container Terminal in the Port of Prince Rupert in British Columbia, Canada.
Under the terms of the agreement, DP World will study the marine liner services currently operated at the terminal besides predicting the container volume growth for trans-Pacific trade on the West Coast.
Additionally, the agreement will see DP World evaluate the need for activation of Fairview’s Phase II (South) expansion.
It will also establish a cohesive and systematic approach to information sharing as well as environmentally sustainable port initiatives.
DP World Canada Group general manager Maksim Mihic said: "Phase II South, which could potentially be delivered within the next three to five years depending on demand, would increase the total capacity of Fairview Container Terminal to in excess of two million TEUs, and would provide capacity to meet Canada’s Pacific container terminal capacity requirements for decades to come in a cost-effective and environmentally responsible manner."
Construction is currently underway for the Phase II North expansion of the terminal, which is expected to raise the terminal’s capacity to approximately 1.3 million TEUs upon completion in 2017.
PRPA president and CEO, Don Krusel said: "The growth in traffic at the Fairview Terminal, North America’s fastest-growing intermodal gateway, has been a validation of the Prince Rupert advantages in transpacific shipping.
"We are pleased to see DP World ready to seize those advantages and move forward with planning the terminal’s continued expansion."
Image: Passenger terminal, Prince Rupert. Photo: courtesy of Miguel Borges.