New Canadian Intermodal Corridor to Support Port Terminals

Press Release
Monday, March 11, 2013

The Port of Prince Rupert's Road, Rail and Utility Corridor is intended to support billions in new terminal developments.

A groundbreaking at the Port of Prince Rupert today marked the start of construction of the port's $90-million Road, Rail and Utility Corridor project, which will support billions in new terminal developments and boost Canada's trade capacity and exports to fast-growing Asia-Pacific markets.

The Road, Rail and Utility Corridor will be a catalyst for significant terminal developments being advanced through private sector investment on the Ridley Island Industrial Site at the Port of Prince Rupert. The project includes construction of five parallel rail tracks, a two-lane roadway, and a port-owned power distribution system along an eight-kilometre corridor. This will provide shared-use infrastructure for proposed potash, liquefied natural gas (LNG) and other terminals on the island. The capital costs of the terminal developments are currently estimated in the billions of dollars. The first phase of the project will be completed in December 2014.

The project's contractor is Prince Rupert Constructors, a joint venture between Coast Tsimshian Enterprises (a local First Nations firm), JJM Construction Ltd., and Emil Anderson Construction Inc.

The Ridley Island industrial site is located some 8.5 kilometres from downtown Prince Rupert, and is under the jurisdiction of the Prince Rupert Port Authority.

"This project will connect Canada's proven capacity for resource production to growing markets in the Asia-Pacific region and is the largest in Prince Rupert since construction of the Fairview Container Terminal," said Bud Smith, Chairman of the Board of the Prince Rupert Port Authority. "We are integrating the new terminals into the world-class service and security architecture at the Port of Prince Rupert. Through our increasingly diversified port complex, the Canadian resource sector will be linked to a world of opportunity."

The Port Authority's Gateway 20/20 Plan foresees reaching an annual throughput capacity of 100-million tonnes of cargo as proposed terminal developments are completed.

The $90 million utility corridor is being funded jointly by the Governments of Canada and British Columbia, who have each contributed $15 million, and CN and the Port Authority, who have each committed $30 million.

 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

President Pryor Retires from ExxonMobil Chemicals

Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation, has elected to retire on January 1, 2015, after more than 44 years of service.

Ports

HMAS Success Deploys to Middle East

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support

Rosneft Ships First Oil From Chayvo Field

Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

Finance

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

MHI Receives "Best IR Award"

Mitsubishi Heavy Industries, Ltd. (MHI) has received one of this year's "Best IR Awards" presented annually by the Japan Investor Relations Association (JIRA).

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

Intermodal

Belgian Strike to Impact Antwerp Port

A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over

Mombasa's 2014 Port Cargo to Soar 14 pct

East Africa's biggest port, Mombasa, expects to handle at least 14 percent more cargo this year, helped by its expanded capacity and a marketing drive, its management said on Thursday.

MoA for APM Terminals in Ghana Port Deal

Port operator APM Terminals, a unit of shipping and oil conglomerate A.P. Moller-Maersk , said on Thursday it had signed a memorandum of understanding with the

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1406 sec (7 req/sec)