New investment in Super Post-Panamax cranes inked at the Port of Halifax

HALIFAX, June 9, 2011 /CNW/ - Macquarie Infrastructure Partners, the owner of Halterm Container Terminal Limited, will invest in two additional Super post-panamax cranes (SPPX) at the Port of Halifax.  In 2012, the Port of Halifax will feature four SPPX container berths equipped with seven SPPX cranes following the addition of these new cranes.

"The investment in new cranes is indicative of Halterm's confidence in the long-term strength of the Halifax market," said Ashley Dinning, CEO of Halterm Container Terminal Limited.

The Port of Halifax features the deepest container berths on the Eastern Seaboard and can handle vessels of any size.  Existing capacity at the Port can accommodate a tripling of container volumes.  A $35 million terminal project currently underway includes the extension and deepening of the pier which provides operational flexibility to accommodate two of the world's largest vessels simultaneously.

"Macquarie Infrastructure Partners' investment in new cranes further positions the Port of Halifax as a highly competitive East Coast North American trade gateway," said Karen Oldfield, President and CEO of Halifax Port Authority.  "This additional investment signifies a solid private sector commitment to the long-term growth of the Port of Halifax."

SOURCE PORT OF HALIFAX

For further information:

Michele Peveril
Halifax Port Authority
(902) 426-1060
mpeveril@portofhalifax.ca
www.portofhalifax.ca

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