Terminal operator PSA Singapore is increasing its footprint in Halifax, Nova Scotia, the place it runs a big container facility on the south finish of the port. The settlement makes PSA the only real operator of container terminal house on the port.
PSA’s Atlantic Hub terminal has been upgraded over the previous two years to extend its dealing with capability and permit bigger vessels to name. In 2021, it obtained the primary 16,000 TEU boxship ever to name on the East Coast of North America.
So as to add extra space and consolidate operations, PSA has bought the Ceres Halifax terminal from NYK Line. The location can deal with boxships of as much as 8,000 TEU in dimension, and it provides extra railhead capability and ro/ro functionality for PSA Halifax.
“PSA Halifax’s Atlantic Hub was our group’s first coastal terminal funding in Canada and we’re happy . . . with the addition of Fairview Cove terminal, which is able to enable the port to additional develop its service choices and remodel it from a coastal to a worldwide hub port,” stated Tan Chong Meng, the CEO of PSA. “We stay up for higher collaboration with the Halifax Port Authority, CN Rail and different companions, as we search to increase Halifax’s hinterland to new markets.”
“Halifax is a port that may deal with the massive vessels and focuses on operational effectivity. This new working mannequin will enable PSA Halifax to seize new efficiencies which is able to finally assist drive extra cargo by our worldwide gateway,” stated Thomas J. Hayes, the chairman of the Halifax Port Authority.
The federal government of Canada can also be investing within the port’s container operations. Through its Nationwide Commerce Corridors Fund, Canada is allocating greater than $5 million for a brand new container examination facility, which is able to assist velocity up inspection effectivity. The Halifax Port Authority is matching the funding with a $6.4 million dedication.