Q & A
To compete and grow on the world stage a terminal upgrade is required to accommodate larger vessels and to have the proper handling capability required to service modern fleets. The modernization project will allow the Port to continue to build on the import and export growth it has experienced over the past four years.
Port Saint John has made great strides over the past four years with a resurgence of activity and the attraction of some of the world’s top container shipping lines, including Mediterranean Shipping Company (MSC) and CMA CGM, to offer their clients weekly service to global markets through Saint John.
Now, more than 500 ports worldwide are accessible through Port Saint John on a weekly basis. In the past decade, container traffic doubled from 45,000 TEU’s to almost 100,000 TEU’s in 2015.
Port Saint John needs to upgrade its facilities to handle its current growth and to continue to attract future growth.
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. It is closer to key markets on the US East Coast, the Gulf Coast, and South America than any other Canadian port.
US ports are becoming more and more congested. Shippers and receivers are looking for Eastern options and with this upgrade, Port Saint John and New Brunswick will be an ideal solution.
Port Saint John has partnered with the Government of Canada and the Province of New Brunswick to embark upon this $205 million infrastructure modernization of its container infrastructure on the west side of the Port over seven years. The project will take place over a seven-year period.
In addition to this, Port Saint John has partnered with DP World for long-term operation of the West Side Container terminal beginning January 1, 2017. This partnership will bring significant private sector investment in terminal cargo handling equipment which will further enhance the capabilities of the Port.
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.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.
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 markets.