Key Points – A Port Resurgence

  • There’s a resurgence of port activity with the attraction of some of the world’s top container shipping lines including Mediterranean Shipping Company (MSC) and CMA CGM offering weekly service to global markets through Saint John
  • More than 500 ports worldwide are now accessible through Port Saint John every week
  • Activity from container growth alone will double direct and indirect jobs across the region from 500 to more than 1,000, not including economic growth spin-offs
  • Port Saint John’s container traffic has almost doubled since 2012
  • Going from on average of 45,000 TEUs in the past decade to almost 100,000 TEUs in 2015
  • To compete and grow on the world stage a terminal upgrade is required to accommodate larger vessels and to have the handling capacity to service modern fleets
  • More than 1,400 person years of direct and indirect jobs will be created during the seven-year design and construction phase of the project
  • Port Saint John is one of the major ports in the Atlantic Gateway – it is only an hour from the border and the US Northeast, with an excellent rail and road network
  • Port Saint John is ideally situated with some of the deepest ice-free tidal waters in Canada
  • US ports are becoming more and more congested
  • Shippers and receivers are looking for Eastern options
  • Port Saint John and New Brunswick could be the solution
  • Thousands of people in Saint John and the province are working in port related industries including petroleum, forestry, aquaculture, and import and export trade
  • The future growth of our province is dependent on a modern and efficient port that will provide New Brunswick companies with competitive exporting and importing facilities
  • The time is now to capitalize on our natural strengths and proximity to world market

Benefits

Impacts

Growth In Container Volume

This Project will deliver a positive economic impact for our local, provincial and national economy through enhanced shipping opportunities while generating significant short and long-term employment.

Project Employment Benefits

10, 870 person years between 2017-2043 Includes

Projet Employment Benefits

Long-term employment will be brought on by the Project’s increased handling capacity at Port Saint John. This increased capacity will complement recent rail, road and marine infrastructure improvements which resulted from significant federal, provincial and private investments. Without the Project, the Port could lose much of their current volume and associated employment.