Port Saint John and partners reach 100,000 TEU milestone
With over $500 million invested in recent years from the private sector, government, and the Port itself, Port Saint John is starting to feel the benefits of the infrastructure and supply chain upgrades at the DP World operated container terminal. The port and its partners have reached an important milestone of 100,000 TEUs so far in 2022 which is more throughput than Port Saint John has ever experienced on an annual basis. Though the best is yet to come as the port continues along their growth trajectory with capacity volumes expected to reach 800,000 TEUs upon completion of construction at the container terminal in the next couple of years.
“This momentous milestone marks the start of a new journey for Port Saint John as our growth trajectory is on track to place us as one of the top container ports in Canada,” says Craig Bell Estabrooks, President and CEO at Port Saint John. “The alignment of our supply chain partners is a unique opportunity for shippers and receivers to experience world class service through Port Saint John.”
With construction nearing completion at the expanded container terminal, outcomes of the project are already being realized with the attraction of world class shipping lines, offering 4 weekly services through the port. The port now finds itself as the second fastest growing container port on the East Coast of North America with Class I rail optionality reaching into key markets in North America.
“This is a significant milestone for Port Saint John which will position it as a main Atlantic Gateway. Together with our partners, we are making major investments in DP World Saint John and the supporting logistics eco-system to enhance Canadian trade efficiency and provide sustainable economic growth for the region,” says Maksim Mihic, CEO & General Manager, DP World (Canada) Inc.
“This 100,000 TEU milestone is a great indicator that the collaborative effort that has taken place at Port Saint John to grow the container business is providing results. The growth trajectory of the port means more opportunities for our local community to have a great career on the waterfront,” says Terry Wilson, President of the International Longshoremen Association Local 273.
“The investments made in Port Saint John, combined with CP’s return to this congestion-free port after a 20-year absence, have unlocked strategic potential that sat untapped for too many years,” said John Brooks, CP Executive Vice-President and Chief Marketing Officer. “CP supports the strategic investment to bring Port Saint John’s capacity up to 800,000 TEUs.”
“The modernization of our existing port facilities, transportation and rail operations have helped advance Saint John as a global transportation and logistics hub, while improving supply chain access and competitive advantages for local industry,” says Ian Simpson, General Manager of NB Southern Railway. “We value our partnership with Port Saint John and know investments of this nature often lead to greater prosperity, job opportunities and further development.”