TSI and VPA Celebrate Arrival of 1000th Crane in Vancouver

    VANCOUVER, Aug. 31 /CNW/ - The arrival of the 1000th crane from the
Shanghai Zhenhua Port Machinery Co. Ltd (ZPMC) at the Port of Vancouver marks
an historic occasion for the Vancouver Port Authority (VPA) and container
terminal operator TSI Terminal Systems Inc. (TSI). The Port of Vancouver
purchased ZPMC's first crane for the Vanterm terminal in 1991, helping to
establish them as a viable supplier in the Asia Pacific region.
    "TSI's latest crane purchase is part of our ongoing upgrade program to
service new, larger ships and increase capacity at our Vanterm terminal to
850,000 TEUs (twenty foot equivalent units)," said Norman Stark, President and
CEO, TSI. "Looking forward to the future growth of our Pacific Gateway, TSI is
committed to meeting our customers' needs and providing world-class marine
terminal services through sustainable expansion and leading-edge technology."
    Late Thursday night the crane arrived on board the vessel Zhen Hua 16,
which is now visible at anchor in English Bay. The Zhen Hua 16 will remain at
anchor until early Monday morning when it will pass under the Lions Gate
Bridge at approximately 6:00 a.m., coinciding with low tide. The crane is the
sixth ZPMC crane to be installed at the Vanterm container terminal and
features twin lifts and total lift capacity of 65 tonnes, making it capable of
lifting two containers at a time, increasing efficiency at the terminal. TSI
also operates seven ZPMC cranes at Deltaport.
    Growth in the container sector represents significant economic
opportunity for Canada and British Columbia. Container expansion at the Port
of Vancouver alone is expected to generate an additional $8 billion in
economic output by 2020. "On behalf of the Vancouver Port Authority I would
like to congratulate Zhenhua Port Machinery Co. Ltd. and TSI on the
significant investment the 1000th crane represents in meeting growing demand
for container efficiencies at world-class ports around the world," said
Captain Gordon Houston, President and CEO, Vancouver Port Authority. "Such
efficiencies are crucial to serving our customers' needs and meeting the
demands of increasing container traffic through Canada's Pacific Gateway."

    ZPMC is a world leader in the manufacture of cranes. ZPMC's products are
used in 54 countries and regions, and over 120 terminals around the world
including the US, Canada, Germany, Netherlands, Singapore and Australia.

    TSI is the largest container terminal operator in Canada, providing
service for 75 per cent of the containerized cargo that moves through the Port
of Vancouver. In 2006, TSI handled 1.88 million TEUs at Vanterm and Deltaport.
The largest terminal employer in the port, TSI's history spans a century of
maritime service on Canada's west coast. As a leader and innovator, TSI is
geared to address the demands of an increasingly specialized and
highly-competitive worldwide shipping industry.

    The Port of Vancouver is Canada's largest and most diversified port,
trading more than $53 billion in goods with more than 100 trading economies
annually. Port activities generate 69,200 jobs in total with $4 billion in
Gross Domestic Product and $8.9 billion in economic output.

For further information:

For further information: Morley Strachan, Executive Vice President, TSI
Terminal Systems Inc., Tel (604) 251-9360, Cell (604) 649-6688,
mstrachan@tsi.bc.ca; Anne McMullin, Director, Corporate Communications and
Public Affairs, Vancouver Port Authority, (604) 665-9069 (office), (604)
665-9073 (fax), (778) 231-6978 (cellular), anne.mcmullin@portvancouver.com;
For more information on any of these stories, call 1-888 PORTVAN. Or, send an
email to: public_affairs@portvancouver.com

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