Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development and management of Novaporte, the container facility in the Port of Sydney, Nova Scotia, on Canada’s East Coast.
Ports America, the largest US terminal operator, will market the Novaporte terminal as a Ports America-managed facility and advise on the operational configuration of the terminal to try to maximise efficiency.
It will also will manage and operate the terminal for 40 years, providing services such as full stevedore and terminal labour management, terminal operating systems, and maintenance and repair.
SHIP has exclusive development rights to approximately 500 acres in the Port of Sydney and, with the support of Ports America and a specially formed development group, will build a dedicated, semi-automated, deep-water marine container facility capable of handling 18,000+ teu vessels.
Building will commence after establishing sufficient customer volume commitments while construction, once initiated, is expected to take around two years to complete.
Peter Ford, Chief Strategy Officer at Ports America, said: “Novaporte is a uniquely located deep water port able to handle the largest of the next generation of ultra-large container vessels. Geographically, it is the first stop for vessels on the Great Circle Route from Europe and Asia via the Suez.”
“It has abundant land, an adjacent 1,200-acre logistics park and is located in a foreign trade zone,” he added. “Add to that abundant power, road and rail, as well as a skilled work force, and you have the makings of an East Coast gateway for the next generation of super ships.”
SHIP, formerly known as Harbour Port Development Partners, was established specifically to develop and market Novaporte, the Port of Sydney’s new deep-water container terminal and adjacent logistics park, Novazone.