DUBAI's DP World and the Vancouver Fraser Port Authority have recently celebrated two historic events - the completion of the Centerm Expansion Project at DP World Vancouver, and the 100th anniversary of the port's marine terminal operations, reports London's Port Technology.
The completion of the Centerm Expansion Project at a cost US$259.7 million is expected to increase throughput by 60 per cent.
The newly expanded terminal can now handle 1.5 million TEU a year, compared to 900,000 TEU previously, while adding 15 per cent to the terminal's overall footprint.
The project reduces the terminal's environmental impact by adding capacity for container ships to connect to electrical shore power and converting its diesel yard cranes to electric.
It further reduces greenhouse gas emissions by eliminating wait times for vehicles at train crossings and building to LEED and Envision certification sustainability standards, according to DP World.
The expansion was completed by Centennial Expansion Partners (CXP).
Group chairman and CEO of DP World, Sultan Ahmed Bin Sulayem, said: "This expansion represents a significant investment in the future of international trade, and we are honoured to continue to play a vital role in connecting Canadian businesses to markets around the world, while contributing to sustainable economic growth and prosperity for all."
Commenting on the 100-year anniversary celebrations, Mr Sulayem noted that DP World has worked in BC over the past 20 years, handling over 20 million loaded TEU, according to the logistics company.
"The 100th anniversary of terminal operations on the west coast is a wonderful opportunity to celebrate Canada's rich maritime and port history and look ahead to a future that includes DP World's industry-leading technology and innovation in supply chains," he added.