Americas News
Vancouver Terminal Expanding for Post-Panamax Vessels
A terminal at Port Metro Vancouver will be able to accommodate post-Panamax vessels by 2016, says grain company Viterra Inc. (Viterra), which is spending more than $100 million on improvements to the terminal.
The project, at Viterra's Pacific Terminal, will improve handling and processing procedures and increase thoroughput.
"Our goal is to create the most efficient port terminal in Canada with unprecedented capability for processing a diverse range of commodities," said President and CEO Kyle Jeworski.
"This is a significant investment spanning several projects, that when completed, will enhance our strategic position on the west coast, and our ability to continue meeting the needs of our destination customers globally."
The most significant change is the installation of a new ship loader system that will increase capacity and allow for loading of the post-Panamax vessels.
Combined with the addition of new bulk weighers, upgrades to conveyors and rotary cleaners, and improved electrical and dust-control systems, the improvements will result in a rated capacity of up to 6 million metric tonnes (mt) per year.
"Demand for trade to and from Canada is increasing, and it is essential that Port Metro Vancouver, and terminals within the port, respond with sustainable and well-managed growth," said Robin Silvester, Port Metro Vancouver's president and CEO.
"Viterra's operational upgrades are an excellent example of increasing capacity and efficiency within their existing footprint."
Viterra, a subsidiary of Glencore Xstrata, headquartered in Regina, Saskatchewan, buys, markets, and handles grain and oilseeds from the U.S. and Canada, according to its website.
