GCT Invests in Canadian Terminal Upgrade


GCT Global Container Terminals has announced that it will invest US$160 million to densify and modernize its Vanterm container terminal, located in Canada.

A cash injection for the facility, which is described as one of North America’s most productive trade hubs, would increase Vanterm’s throughput capacity by approximately 25% and allow it to accommodate much larger container ships.

As part of the programme, GCT will replace existing equipment, including ship-to-shore (STS) cranes, rubber-tyred gantry (RTG) cranes and empty container handlers, with new machines, as well as upgrading Vanterm to a terminal operating system (TOS).

Uno Bryfors, ABB, discusses transforming terminals in the “mega-age” in a recent Port Technology technical paper

In addition to this, the investment is expected to create over a thousand direct and indirect jobs, generating $187 million in GDP a year.

GCT has also emphasized that there will be environmental benefits for the terminal, as it will be able to handle incoming ships within its existing footprint while, according to a statement, “significantly reducing greenhouse gas emissions”.

Doron Grosman, President and Chief Executive Officer of GCT, said: “Global Container Terminals will continue to make private sector investments to ensure that Vancouver remains the port of choice and continues to be a competitive jurisdiction for transpacific trade.

“The Governments are creating conditions for private sector investments like this one that generate hundreds of well-paying jobs for British Columbians.”

Read more:

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.