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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Canada: Port of Montr閍l in Major Investment Project

Wednesday, March 04, 2015 > 10:29:39
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(Lloyd’s Loading List – Stuart Todd)

Scheduled for completion by 2018, the project entails three main components, the first being to increase container handling capacity in the Viau sector by 450,000 teu and for which funding of $83 million has been earmarked.

Along with the extra capacity gained from projects previously completed between 2012 and 2014, which attracted investment of $40 million, the new phase of expansion will increase total handling capacity in the Viau sector to 600,000 teu and the Port’s total overall handling capacity from 1.7 to 2.1 million teu.

The second component of the project ($26 million) aims to improve marine access through the deepening of berths in order to accommodate larger vessels carrying heavier loads and meet new under-keel clearance requirements which have been introduced to optimize ship loading.

The third component ($23 million) will target improvement in the flow of trucks leaving the Port of Montréal to reduce intermittent traffic congestion. About 2,500 trucks currently pass through the Port of Montréal to load and/or unload goods daily.


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