mm TERRACE STANDARD om

_ The Terrace Standard, Wednesday, August 4, 2004 - A7
oe WHAT'S NEW aSeto 2004

ontainer port mle

Maher Terminals _ :

By. JEFF NAGEL -:

A NEW JERSEY. firm. hag been’
chosen -ta. -build: and: operate an.
* “even: larger container términal in.’
Prince’ Rupert than, had been oti 7

‘ginally envisioned,

“£0 ‘an. id al operat | here.!"

an fo handle. the” largest , container’. -
“ships: = ones. only: now being. des.
signed .— rather’ than. mid-sized 4
: vessels, . Krusel. added. °

: the. existing”
site, “expand .:

railway. tracking there and. install:
three. inassive container cranes.

. “They' be the ‘tallest struc-
- tures. in Prince’ Rupert, ”. Krusel
said. MAC. leasl twice the height. of
“the Highliner Inn ‘in downtown
Princé: Rupert:”.: no
-» Design has” been . ‘underway :
; * since. January and ‘construction is - 5
“planned ‘to. begin: early-next’ year:
*. ahead. of, an expected opening. by a
I “late 2006: “ i My & ”
“Still ‘separating: the. container. :
= terminal from ‘reality cis the
in. money... ve
But ‘the. new. ‘agreeement will -
a p:-Maher'will invest between |
i, $50 and $70. million, ‘Kruse said, -
~ = with: the’ port raising a similar
2 amount. wa

~The port. will. own the termial;

YS but ‘Maher. will own the. cranes.

L bat equipment ‘and, run it. for: 30
id. ‘oy ‘think we’ Ve.

years:

The terminal. ‘will: now be built

‘reach: 200: feet’-off the dock and:
lift’ containers * stacked 22 ‘rows.

FOR ALL LIFE'S ROADS

CONTAINER ships are unloa- «

ded with tall cranes. Prince
Rupert's will be twice as tall as

“the city's tallest building. ~

nen “Another $17 million j As coming
: from. the -province, with. the bal- =~ wi
a: ance-of financing still 16 be found.”

‘Wide on ‘the. hirge ships. :
J “These. things ~ ‘are monster
a ships,” -Krusel said. Ls ”
. And-a second up to $300 mil-.-
lion. phase, would triple the termi-
nal’ s. capacity’.to: 1.2. million. ‘ba.
"..«-si¢-sized containers. per year.-by.

2009... “That would be’ close the *
ize..of “Mancouyer’s «container.
. pon whieh now, handles up to 1.6"

- coast,”

_ million units per year.

Krusel admits the project i

“ambitious but. says. Maher. ‘has
_ grasped - the potential: and As SMery.:
. enthusiastic, -
Prince Rupert’ S$ plan’ runs coun- - |
“ter: to the industry: ‘theory, that such -
terminals have to: bé-in’ major me-
‘tropolitan areas, he, said. -..
 *What-we™ are- ‘selling. is. ‘not.
containerization - for. ‘the north |
“Weire ‘selling .
very speedy container. transporta-
, tion: between” Asia- ‘and - North
‘America through. ‘the: shortest.
transportation: corridor.”
Prince: Rupert'-is. one “day” sail-

“he- said,

ing ¢loser for “Asian. ‘ships bound

. for North: America..- .

-Fhat factor has: grown in imapor- ,
“tance: with the realization Asia ‘is
a huge part of North America’s fu

ture trade: picture, and-as conges- | -
“tion grows at Vancouver’ S port.
, “Being. in-/a’ rural area “may.
very well be. dur: preatest. advant-.
age,” Krusel- added.” "We're: cer-:
tainly: making ‘a ‘lot of: people sit,
up and take notice.” + 7
-Tertace has identified a-Rupert |
container. terminal ‘as.a key priors f
ity. to-aid the forest sector here [-- ~~
‘because’ it. would:

“boost “the ° potential: for. value:
added: industry.

-imgauos 000 noroManic ent

towing, whelted or not tha same represents actual interest, and ls required to be

down

tives which may result in a higher eflecttys interes! rato, AUsing the $1

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1380In
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Aug. 3rd

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