Prince Rupert feasibility study

The agreement aims to strengthen the commitment of the two organisations to the development and growth of the port.

“The increase 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.” said Don Krusel, CEO and president of Prince Rupert Port Authority.

He continued: “We are pleased to see DP World ready to seize those advantages and move forward with planning the terminal’s continued expansion”

DP World is the operator of the Fairview Container Terminal and construction is currently underway for the Phase II North expansion.

Government of Canada approval has been received for the Phase II South expansion of the terminal further to the environmental assessment completed on terminal expansion in 2012 in accordance to the requirements of the Canadian Environmental Assessment Agency.

Under the new agreement, DP World intends to study current marine liner services and container volume growth forecasts for trans-Pacific trade on the west coast.

Maksim Mihic, DP World Canada’s general manager, 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.”

“It would provide capacity to meet Canada’s Pacific container terminal capacity requirements for decades to come in a cost-effective and environmentally responsible manner,” he added.

The agreement included the intention to establish a systematic approach to information sharing as well as environmentally sustainable port initiatives.

Upon completion in 2017, the project will aim to raise the terminal’s capacity to approximately 1.3m TEUs.