Ports America and Sydney Harbour Investment Partners announce an agreement on container facility in Port of Sydney, Nova Scotia
Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development and management of Novaporte, the marine container facility in the Port of Sydney, Nova Scotia.
SHIP has exclusive development rights to approximately 500 acres in the Port of Sydney and, with the support of Ports America and a specially formed development group, will build a dedicated, semi - automated, deep - water marine container facility capable of handling 18,000+ TEU vessels.
Building will commence after establishing sufficient customer volume commitments. Construction, once initiated, is expected to take approximately two years to complete. Ports America will manage and operate the terminal for 40 years , providing services such as full stevedore and terminal labor management, terminal operating systems , and maintena nce and repair.
About Ports America:
Ports America is the largest U.S. terminal operator and stevedore with operations in 42 ports and 80 terminals. With a highly skilled and trained labor force, Ports America has the experience and expertise to manage all types of cargo handling. Handling more than 13.4 million TEUs, 2.5 million vehicles, 10.1 mi llion tons of general cargo and 1.7 million cruise ship passengers in 2015, Ports America has operations ranging from pure container terminals to under - the - hook stevedoring. Operations also include bulk and breakbulk facilities, world - class cruise terminal s, intermodal facilities, maintenance and repair and quality care auto/ro - ro handling.
About Sydney Harbour Investment Partners:
SHIP, formerly known as Harbour Port Development Partners, was established specifically to develop and market Novaporte , the Port of Sydney's new deep - water container terminal and adjacent logistics park , Novazone . Since inception, SHIP has worked to assemble a global consortium of marine and financial service partners to develop this project.
About the Novaporte terminal and the Port of Sydney, Nova Scotia:
The Port of Sydney is strategically located on the East Coast of Canada and positions SHIP and Ports America to accommodate shipping routes to and from North America, Europe and Asia. Additionally, the Port of Sydney benefits from infrastructure connectivity via multi ple road, rail and sea channels, as well as abundant power. The development and subsequent operations of the terminal will provi de a powerful boost to Canada’s Maritime economy.