PSA Expands Its Presence in the Port of Halifax

PSA International has acquired Ceres Halifax Inc. from Nippon Yusen Kabushiki Kaisha. PSA will now operate two container terminals in Halifax, namely Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax.

PSA Halifax’s Atlantic Hub terminal is located at the south end of the city of Halifax. Its investments in mega vessel handling capability over the last two years have future-proofed its long-term competitiveness, allowing it to handle the largest vessels ever to call at Canada’s ports to date. At the north end of the city, PSA Halifax’s Fairview Cove terminal will complement Atlantic Hub’s existing operations for vessels with a capacity of up to 8,000 TEU as part of its integrated offerings.

PSA International Group CEO Tan Chong Meng said, “PSA Halifax’s Atlantic Hub was our Group’s first coastal terminal investment in Canada and we are pleased to be given the opportunity to also operate the Fairview Cove terminal. This will allow the port to expand its service offerings and transform it from a coastal to a global hub port – enhancing competition, presenting significant efficiencies and strengthening Halifax’s position as a port of choice. To this end, we look forward to greater collaboration with the Halifax Port Authority, CN Rail and other partners, as we seek to extend Halifax’s hinterland to new markets. PSA Halifax will continue to work closely with our stakeholders to jointly explore and develop sustainability-driven, value-add services beyond the port, to benefit supply chain customers and the greater maritime ecosystem.”

PSA Halifax CEO Jan Van Mossevelde also said, “With one dedicated ILA workforce and an efficient facility comprising both terminals, PSA Halifax will have a stronger and more capable team to deliver consistent and high-quality service to ocean carriers, shippers and stakeholders across this great city. The optimisation of berth capacity in the Port of Halifax also supports the Government’s sustainability objective of reducing cross-town truck traffic. We will work to ensure that the Port City of Halifax continues to provide creative supply chain solutions for Canadian exporters and importers, as well as reliability into US markets.”

For more information, please click HERE for the press release.

Published On: 4 April, 2022