THE Port of Saint John in New Brunswick, Canada, has reached the 100,000 TEU milestone in 2022, demonstrating more throughput than the port has experienced on an annual basis, reports London's Port Technology.
The port authority declared this achievement was made possible due to a US$500 million investment in recent years from the private sector, government, and port.
After completion, the terminal is expected to reach a 800,000 TEU capacity over the next few 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," said Port Saint John CEO Craig Bell Estabrooks.
"The alignment of our supply chain partners is a unique opportunity for shippers and receivers to experience world class service through Port Saint John".
The port is the second fastest growing container port on the East Coast of North America with Class I rail optionality.
Said DP World CEO Maksim Mihic: "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."
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