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BRIEF-DP World Unveils Phase 2B Of Prince Rupert Fairview Terminal Expansion

Published 2018-06-20, 02:58 a/m
© Reuters.  BRIEF-DP World Unveils Phase 2B Of Prince Rupert Fairview Terminal Expansion
DPW
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June 20 (Reuters) - DP WORLD DPW.DI :

* PORT OF PRINCE RUPERT AND DP WORLD AGREED ON TERMS OF PROJECT DEVELOPMENT PLAN FOR NEXT PHASE OF EXPANSION FOR DP WORLD PRINCE RUPERT FAIRVIEW CONTAINER TERMINAL

* PHASE 2B EXPANSION WILL INCREASE ANNUAL THROUGHPUT CAPACITY AT CANADA'S SECOND LARGEST CONTAINER TERMINAL TO 1.8 MILLION TEUS (TWENTY-FOOT EQUIVALENT UNITS) WHEN COMPLETE IN 2022

* CONSTRUCTION ON PHASE 2B WILL BEGIN IN MID-2019

* SAYS THERE WILL BE INITIAL GRADUAL RELEASE OF CAPACITY TO 1.6 MILLION TEUS, IN 2020 FOLLOWING THE COMPLETED EXPANSION OF CONTAINER YARD TO THE SOUTH Further company coverage: DPW.DI

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