Port of Montréal Opens Viau Container Terminal
- Business & Finance
A new container terminal at the Canadian Port of Montréal was inaugurated by representatives of the country’s government and the Montréal Port Authority on November 18, 2016.
The new terminal in the Viau sector is expected to boost the port’s handling capacity by 450,000 TEUs.
The newly built facility, together with the work done previously and the second phase of work to be completed in the years to come, will bring the total handling capacity in the Viau sector to 600,000 TEUs, and the Port of Montréal’s overall handling capacity to 2.1 million TEUs, the port said.
The Viau container terminal features large gantry cranes with a height of 95.5 meters each.
The construction of the new terminal is part of a broader port expansion project covering three areas including the terminal’s container-handling capacity, marine access, and road access.
The Government of Canada has set aside CAD 43.7 million (USD 32.5 million) for the expansion project. Of this amount, up to CAD 27.2 m is available to fund the new container terminal. The remainder of the funding will be attributed to the project’s other two components, the Port of Montréal said.
The Montréal Port Authority will cover the remaining cost of the project, estimated at CAD 132 m, the port earlier said.
The Port of Montréal is the second-largest container port in Canada and the fifth largest on the east coast of North America.