Ports America and Sydney Harbour Investment Partners (SHIP) have agreed to form a development group that will attract new customer and investor relationships and advise on the operational configuration of the Novaportemarine container facility in Nova Scotia.
SHIP has development rights to approximately 500 acres in the Port of Sydney where the construction of Novaporte will take place over the next two years with the support of Ports America, the largest US terminal operator. The semi-automated, deep-water marine container facility will have the capacity to handle 18,000+ TEU vessels and Ports America is set to manage and operate the terminal for 40 years, providing services such as full stevedore and terminal labor management, terminal operating systems, and maintenance and repair.
Peter Ford, CTO at Ports America, said: “Novaporte is a uniquely located deep water port able to handle the largest of the next generation of ultra-large container vessels. Geographically, it is the first stop for vessels on the Great Circle Route from Europe and Asia via the Suez.
“It has abundant land, an adjacent 1,200-acre logistics park and is located in a foreign trade zone. Add to that abundant power, road and rail, as well as a skilled work force, and you have the makings of an East Coast gateway for the next generation of super ships.” He added that Novaporte will employ the latest technology to become the greenest, most cost-efficient port on the continent.
Albert Barbusci, founding partner of SHIP, said: “We are excited about partnering with Ports America, the largest terminal operator and stevedore in the United States.
“In all our partnerships including financial, construction, engineering, marine equipment and technology relationships, we have looked for industry leaders. Ports America fits this description exactly. We couldn't ask for a stronger, more experienced operating partner.”