PSA Acquires Halterm Container Terminal

PSA International has completed the acquisition of Halterm Container Terminal (Halterm) in Canada’s Port of Halifax, from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets.
Halterm is the only container terminal in Eastern Canada that can serve mega container vessels. It operates three container berths covering more than a kilometre of quay length with depth of up to 16 metres. 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.
PSA Group CEO Tan Chong Meng said, “We are excited to welcome Halterm into PSA’s global family of ports, as PSA’s first coastal terminal in Canada. We look forward to working alongside the Halifax Port Authority, customers, staff and the local community, as well as key stakeholders like the International Longshoremen’s Association and Canadian National Railway Company (CN) to further enhance Halterm’s capabilities and connectivity to serve the needs of shippers in the greater hinterland of Canada and beyond.”
For more information, please click HERE for the press release.