Two million TEU Terminal Capacity
May 21, 2007
Recently the Halifax Port Authority reviewed the capacity of the two container terminals to project over the next 10 years the maximum available capacity for cargo growth.
It is important that we understand the full potential of both current terminals as we plan our container growth strategy and capital infrastructure plan over the long-term.
In 2006, the Port of Halifax handled 530,722 TEUs.
A recent study confirmed that our two container terminals can handle upwards of 1.4 million TEUs (sustainable practical capacity) without significant investment. The study indicated that our capacity could surpass 2 million TEU with further investment in land and efficiency improvements. These development plans will be contingent upon the business case supporting the need for investing in additional capacity based on cargo growth. To ensure full utilization of the current terminals, capital projects that can maximize terminal efficiencies will be undertaken before expansion of the physical footprint.
The Halifax Port Authority is a government business enterprise mandated by the Federal Ministry of Transport. The HPA leads in the development of the Port of Halifax, serving as a catalyst for the local, regional and national economies and has a mandate to be financially viable. The Port of Halifax has a total annual income impact of almost $700 million and an employment impact of over 9,000 direct and indirect jobs.
For more information:
Michele Peveril, Manager Corporate Communications and Public Affairs
Halifax Port Authority
Tel: (902) 426-1060
Fax: (902) 426-6473
E-mail: mpeveril@portofhalifax.ca
