• 2016 August 1 13:53

    DP World wins lease agreement for Rodney Container Terminal in Saint John, Canada

    DP World says it has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

    The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after.

    The Rodney Container Terminal is a multi-purpose terminal handling container traffic in Saint John, the only Atlantic Canada port that is served by the country’s Class I railways, Canada National Railway (CN) and Canada Pacific Railway (CP) and is CP’s only Atlantic gateway port. The lease will follow the Port Authority’s completion of the expansion works, which will create a 350 metre deep-water berth, an enhanced stacking area and a 12,000 foot intermodal rail yard capable of handling a full train.

    Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “We are delighted to further extend our presence in Canada to the Port of Saint John, New Brunswick. We believe that the future growth prospects for the port are strong and we are excited to be participating with Saint John Port Authority in their expansion plans. Our investments and commitment to Canada are for the long term, contributing to trade and the development of its national and local economies as well as providing employment for people with a leader of world trade. Our international experience and expertise will be further enhanced with this project.”

    Jim Quinn, CEO, Saint John Port Authority, said: “We are delighted to welcome DP World as the new operator of Rodney Container Terminal and to share in the expansion project for the terminal. The commitments that DP World has made to invest in equipment and systems, commercial promotion and sustainability are critical for the long-term success of the project.”

    DP World is already a major investor in Canada operating the CENTERM terminal in Vancouver, the Fairview Terminal in Prince Rupert and the Duke Point Terminal in Nanaimo. Its entry into Saint John will focus on Canada’s trade with Europe and Latin America increasing sector competition in eastern Canada.

    DP World’s involvement in Saint John is expected to bring significant benefits to importers and exporters in New Brunswick and the Maritimes, a region of Canada that also includes other Atlantic provinces Prince Edward Island, Nova Scotia and Newfoundland, through:

       ·Immediate investment in modern container handling equipment capable of serving post-panamax container vessels

       ·Additional gantry cranes and container handling equipment in line with the Port Authority’s expansion works programme

       ·DP World’s strong relationships with global ocean carriers and both Canadian Class I railways, CN and CP

       ·Access to DP World’s world class productivity in container terminal development and operation

       ·Access to DP World’s state-of-the-art supply chain security and safety practices

       ·Enhanced competition through the entrant of a new terminal operator in the region

       ·The transaction is not subject to any pre-closing Canadian regulatory approvals.




2018 April 20

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18:03 CMA CGM announces FAK rates from Asia to Middle East Gulf
17:47 President of Cyprus visits IMO
17:29 NOVATEK’s AGM approves 2017 dividends
17:03 SEA\LNG reiterates LNG’s central role in meeting IMO’s decarbonisation goals
16:40 SCF Group’s financing deal with VTB Bank recognized by Marine Money as a Deal of The Year
16:03 CMA CGM announces an agreement to acquire a stake in CEVA
15:36 Nuclear-powered submarine Severodvinsk passed control check for winter training period
15:03 MEPC 72: Proposal to mandate ISO sulphur test methods to be discussed further
14:40 Krasnoye Sormovo shipyard launches Russia’s first dry cargo carrier of Project RSD59 (photo)
14:24 HELCOM group meets in Berlin to focus on reducing land-based pollution affecting the Baltic Sea
13:38 WMU supports IMO climate change strategy for shipping
13:02 Panama Canal transits three LNG vessels in one day
12:43 Konecranes Gottwald Mobile Harbor Crane to handle bulk materials in Rotterdam
11:49 2 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on April 19-20
11:26 "Safety Day" held for Azerbaijan Caspian Shipping Company management
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10:38 Azerbaijan Caspian Shipping Company and Russian Maritime Register of Shipping discuss cooperation
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09:55 Marine Technics supplied a set of engines to refit gensets of vessels operating on the Yenisei river
09:34 Bunker prices are going up at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index up to 1,201 points
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07:45 The Fjords takes delivery of groundbreaking zero emission vessel Future of The Fjords

2018 April 19

19:00 Okskaya Sudoverf launches lead shallow-draft tank barge of Project ROB20, Belmax 1 (photo)
18:05 Vroon's MPI Napoleon commences Baltic-Sea charter
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16:05 CMA CGM to apply GRI from Canada to Asia, the Middle East and the Indian Subcontinent
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13:17 Damen Dredging Equipment launches new DOP Dredger Series
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12:52 Wärtsilä to provide optimised maintenance for a complete fuel gas handling system for Viking
12:08 6th Forum of Intermodal Transport FRACHT 2018 held in Gdańsk on 11-12 April
11:13 Port of Rotterdam: growth in container throughput continues in first quarter
10:49 Port of Riga introduces new cargo handling technologies
10:15 Experts forecast Russia's LNG exports to make 33 to 62 million tonnes by 2030
09:52 Brent Crude futures price up 0.6% to $73.92, Light Sweet Crude – up 0.55% to $68.85
09:34 Baltic Dry Index up to 1,124 points
09:24 APM Terminals launches integrated cold chain solutions in India
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2018 April 18

18:26 Engine room fire on board Finlandia Seaways quickly under control
18:05 Ports of Long Beach and Los Angeles offer seed money to foster the development of new goods-movement technologies that improve air quality
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17:25 CMA CGM implements FAK rates from East Mediterranean ports to Gulf and Red Sea
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16:16 RZD Logistics and Fenix will develop transit cargo transportation via port Bronka (photo)
16:05 Jumbo names new offshore vessel Stella Synergy
15:28 Samskip brings Rotterdam into Nor Lines' flexible LNG-powered service network
15:05 CMA CGM implements GRR from Asia to West Africa
15:02 Baltiysky Zavod shipyard tested mooring facilities of Akademik Lomonosov FPU (photo)
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13:37 Kazmortransflot LLP takes delivery of final Damen Shoalbuster 2709 for Caspian Sea operations
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11:47 Major ASW ships Severomorsk and Vice Admiral Kulakov practise search for submarine in Barents Sea