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2015 December 16   14:15

DP World and the Prince Rupert Port Authority sign feasibility study agreement

DP World  and  the Prince Rupert Port Authority have  announced an agreement to  study  further expansion  of  the  Fairview Container Terminal in Prince Rupert . 

The agreement was signed by DP World  Canada Group General Manager,  Maksim Mihic , and  Prince Rupert Port Authority  President &  CEO,  Don Krusel, further strengthen ing the  commitment  of their respective organizations  to the  development and growth of  the Port of  Prince Rupert.

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 2 South expansion of the terminal further to the  environmental  assessment (Comprehensive Study Report)  completed  on  terminal expansion in 2012 in  accord ance to the requirements of the Canadian Environmental Assessment Agency. 

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 critical to the future growth of port operations within British Columbia and will serve  as the basis for moving forward with th is project in a timely manner. Additionally, the agreement  included the intention to establish a cohesive and systematic approach to information sharing as  well as  environmentally sustainable port initiatives.

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