DP World’s Fairview Container Terminal celebrated the completion of a two year, $200 million project to expand its annual container handling capacity to 1.35 million TEUs from 776,412 TEUs. The project, which added three Malacca-max cranes to Fairview’s operation, allows the terminal to accommodate the world's largest container shipping vessels.
The investment from Fairview majority owner DP World is part of the Dubai-based company’s ambitious global expansion plans. It is also confirmation of its confidence in Prince Rupert’s potential as a major destination for transpacific container cargo exports and imports, as well as a full-service North American logistics hub.
DP World has ambitions to increase its West Coast Canada cargo handling capacity to four million TEUs by 2022. Sixty percent of that total would go through Prince Rupert as part of a third Fairview expansion that would raise its capacity to between two million and 2.5 million TEUs.