DP World Limited has agreement to acquire Maher Terminal’s Fairview Container Terminal (Fairview) in Prince Rupert, British Columbia, Canada from Deutsche Bank.
Fairview is a purpose built terminal with a sea-rail link and has a current capacity of 850,000 TEU (twenty-foot equivalent container units), with a just-announced phase two expansion that will take capacity to 1.35 million TEU.
The concession period runs to 2034 with an extension to 2056 after the completion of phase two.