Friday , 22 November 2019
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PSA International completes acquisition of Halterm Container Terminal
Halterm Container Terminal

PSA International completes acquisition of Halterm Container Terminal

PSA International has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners, following formal approval by relevant regulatory authorities.

Halterm is the only container terminal in Eastern Canada that can serve mega container vessels, operating three container berths covering more than 1 km of quay with a depth of up to 16 m.

The terminal is currently undergoing further berth expansion, including the delivery of a fifth super post-Panamax quay crane, which will enable Halterm to handle two mega container vessels concurrently in 2020.

Karl Kuchel, CEO of Macquarie Infrastructure Partners, said: “After acquiring Halterm in 2007, we are pleased to have partnered with Halterm management and staff, the Halifax Port Authority and other key stakeholders to deliver safe, reliable services to customers over the last 12 years.”

In Canada, PSA also operates Ashcroft Terminal, British Columbia’s largest inland port facility.

Ashcroft Terminal is located approximately 300 km east of the Port of Vancouver, close to the major highways of British Columbia, and offers unique rail connectivity to both Class 1 railroad lines – CN and Canadian Pacific Railway.

The Port of Halifax can accommodate large volumes of containerised cargo, roll-on roll-off (ro-ro) cargo and project cargo of any size, as well as cruise business.

It is the first inbound port and the last outbound port of call for North America’s east coast, located around 50 nautical miles from major shipping lanes (Great Circle Route) from Europe to North America.

The port also has highway connections for Atlantic Canada’s high-value exports.  Together with CN, it offers double-stack and reefer service coast to coast as well as a continuous line from Halifax to Chicago, Detroit and Indianapolis connecting the US Midwest.