Canada’s Port Saint John has reported the fifth consecutive year of container volume growth during the first nine months of 2021.
The port has seen year-on-year increases from January until September both in terms TEU and tonnage.
The container tonnage moved through Port Saint John is increased by 6% over the first nine months of the previous year, while overall cargo tonnage at Port Saint John recorded an increase of 19% over the same period in 2020, with 22.2 million tonnes handled by the end of September.
Amid box throughout rising, several major developments have occurred in 2020 and 2021 to further impact positively container cargo at Port Saint John.
Such investments include the continuation of the US$205 million West Side Modernisation Project which is due to be complete in 2023, in funding partnership with the Government of Canada, Province of New Brunswick, and Port Saint John.
“We are focused on growth in the container sector together with our terminal operator DP World, who are blending their global reach and influence with the benefits of our West Side Modernisation Project to achieve the common objective of sustainable growth,” said Captain Chris Hall, Interim President & CEO of Port Saint John.
In addition, the port has launched the Canadian Pacific Rail’s East Coast Advantage strategy and rail services through the acquisition of former Central Maine and Quebec Railway (CMQR) line, signifying the Port Saint John as the only Atlantic Canadian port with two Class I national rail providers.
Last but not least, Hapag-Lloyd is starting calls at the port, joining MSC and CMA CGM as regular container service providers at Port Saint John.
“Continuing to build strong foundations with our partners in the rail and shipping sector is another essential component of supply chain innovation as we continue to move forward in modernizing this Port,” noted Hall.