Melford International Terminal (MIT), a privately-owned Nova Scotia company, is developing a 315-acre container terminal, an intermodal on-dock rail facility and a 1,500-acre logistics park on the mainland side of the Strait of Canso in Nova Scotia.

This terminal will, in many ways, be an “East Coast version of Prince Rupert.”

When phase 1 of the project is completed, the US$350 million terminal will comprise two berths with initial projected capacity of 1.5 million TEUs per year. The parties intend to commence commercial operations by 2013, or as required by market demand.

From Bloomberg, July 8, 2010