PRINCE RUPERT (NEWS1130) – The port of Prince Rupert plans to expand capacity by about 60 per cent as it competes with the US to connect the Pacific to the Midwest.
The project that will increase the terminal’s capacity by 500,000 shipping units (TEUs) by late 2017.
“This project will increase annual capacity at the terminal to more than 1.3 million TEUs, an increase of approximately 500,000 containers,” says Prince Rupert Port Authority CEO Krusel.
“The capital investment itself will be in excess of $200 million which, I think it’s worth noting, will be the single largest investment in the history of the Port of Prince Rupert,” he adds.
Construction of the expansion is scheduled to start between April and June of this year.
Container traffic through Prince Rupert climbed 15 per cent last year, partly because of a slowdown by West Coast dockworkers in the US.
Maher Terminals says the expansion will add a deep-water ship berth, four cranes, a bigger container yard and more railroad track.
Prince Rupert’s port is the second largest on Canada’s West Coast, and the closest North American port to Asia.