[Saint John] Port Development

[Ottawa]

All things port related. As of today, the second berth (northern) has been visited by 2 ships. The inaugural visit was the Hapag Lloyd Barcelona Express on June 22, 2023. The second was the MSC Canberra on July 4, 2023.

The container lines calling at the port currently are Hapag Lloyd, MSC and CMA CGM.

The north slip is filled in but not fully usable as it probably has to sit loaded for an unknown period of time to bring the load spec up to 2000 lbs/sq ft.

The southern slip is in the process of being filled in. I expect it will have to sit loaded for some period of time as well to get the same weight rating of 2000 lbs/sq ft.

It appears that DP World has taken on some added dock space at the south end of the west side docks. I believe it is what has been referred to as Lot X. There has been no public announcement of this change or what it's intended use will be.

Since the second pair of cranes are now in use, the estimated annual TEU capacity is sitting at ~325,000 TEU's. The projected capacity will be at 800,000 TEUs by the end of 2024. That implies that at least 1-2 more cranes are coming as well as on-dock container handling equipment to meet that goal. Transportation systems will also have to gear up to quintuple+ the record year of 2022.