APM Terminals Selected as Preferred Bidder for Vancouver, Canada

Vancouver Fraser Port Authority has selected a joint venture between APM Terminals North America and SNC‐Lavalin (APM Terminals/SNC‐Lavalin), as the preferred proponent for the Terminal 2 Project and will negotiate a business agreement as the next step in the partner selection process.
The process of negotiating an agreement is expected to take four to six months.