Facility Expansion: Prince Rupert
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Prince Rupert Port Authority and DP World Sign Phase Il South Container Terminal Feasibility Study Agreement
The Prince Rupert Port Authority and terminal operator DP World have agreed to study further expansion of the Fairview Container Terminal in Prince Rupert. The agreement was signed December 9 by Prince Rupert Port Authority President & CEO Don Krusel and DP World Canada Group General Manager, Maksim Mihic.
DP World took over earlier this year as operator of the terminal, where construction is already underway on the Phase II North expansion.
Under the Feasibility Study 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 to align the project schedule with market demand.
This study is deemed critical to the future growth of port operations within British Columbia and will serve as the basis for moving forward with this project in a timely manner. An additional objective of the study is to establish a cohesive and systematic approach to information sharing as well as environmentally sustainable port initiatives.
Said Mr. Mihic: "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 2 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."
Work began in early 2015 on the Phase II North expansion project, which will raise the terminal’s capacity to approximately 1.3 million TEUs upon completion in 2017.
Fairview Container Terminal has experienced dramatic gains since its opening eight years ago, from just 16,703 TEUs in 2007 to 618,170 in 2014 and 718,817 in 2015 through November.
The Prince Rupert Port Authority and terminal operator DP World have agreed to study further expansion of the Fairview Container Terminal in Prince Rupert. The agreement was signed December 9 by Prince Rupert Port Authority President & CEO Don Krusel and DP World Canada Group General Manager, Maksim Mihic.
DP World took over earlier this year as operator of the terminal, where construction is already underway on the Phase II North expansion.
Under the Feasibility Study 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 to align the project schedule with market demand.
This study is deemed critical to the future growth of port operations within British Columbia and will serve as the basis for moving forward with this project in a timely manner. An additional objective of the study is to establish a cohesive and systematic approach to information sharing as well as environmentally sustainable port initiatives.
Said Mr. Mihic: "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 2 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."
Work began in early 2015 on the Phase II North expansion project, which will raise the terminal’s capacity to approximately 1.3 million TEUs upon completion in 2017.
Fairview Container Terminal has experienced dramatic gains since its opening eight years ago, from just 16,703 TEUs in 2007 to 618,170 in 2014 and 718,817 in 2015 through November.
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