DP World Buys North American Terminal
Dubai-based port operator DP World announced it has completed the acquisition of Fraser Surrey Docks in Canada from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).The enabler of global trade said in a press release that said the acquisition complements its footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, Prince Rupert and St John’s, without disclosing the value of the purchase.The integrated coast-to-coast platform provides customers with bulk, breakbulk and general cargo services.DP World's global strategy is to become a trade enabler and solutions provider as the company looks to participate across a wider part of the supply chain.
Port Metro Vancouver Approves $15m Coal Transfer Project
Port Metro Vancouver, Canada's largest port, said on Thursday it has approved a new facility to transfer coal from trains onto barges at Fraser Surrey Docks, a decision that followed lengthy public scrutiny over the project's environmental and health impact. After a permitting process lasting more than two years and including environmental impact, air quality and other human health assessments, the port said it found no "unacceptable risks" in allowing the $15 million project to move forward. The Fraser Surrey Docks terminal would handle up to 4 million metric tonnes of coal from the Burlington Northern Santa Fe Railway Co (BNSF) each year, loading it on barges bound for Texada Island, north of Vancouver, where it would be transferred to large vessels for export.
Colossal Gantry Crane Arrives in Vancouver
After months of planning and anticipation, Seaspan’s new 300-metric-ton Gantry Crane arrived at Vancouver Shipyards. Once erected, this colossal crane will be the largest Gantry Crane in Canada, towering 80 meters high and spanning 76 meters wide, and mark a significant milestone in Vancouver Shipyard’s Modernization Project. The two-year, $200 million project, which began construction in October 2012 and is scheduled for completion in the fall of 2014, will provide a new state-of-the-art facility…
Big Canadian Terminal Joins Green Marine
Fraser Surrey Docks (FSD) the multi-purpose marine terminal on the West Coast of North America, joined Green Marine. The Green Marine Environmental Program is an action plan that addresses nine major environmental issues identified by the Canadian and American marine industry. The program requirements are developed with the participation of industry stakeholders and representatives from environmental groups, governments and the academic sector. “Fraser Surrey Docks’ commitment…
