DP World buys Fairview Container Terminal for C$580m

DP World announced that it has reached a deal with Deutsche Bank to acquire the Fairview Container Terminal, located at the Port of Prince Rupert, Canada, for C$580m.

The port company stated that the deal represents a growth opportunity in a market with attractive and growing demand. Fairview is a purpose built terminal with an efficient sea-rail link and has a current capacity of 850,000 TEU, with a plan for phase 2 expansion that will take capacity to 1.35m TEU.

Sultan Ahmed Bin Sulayem, Chairman, DP World said, “We are delighted to extend our global footprint with a second terminal in Canada. The value proposition is compelling and the addition of capacity to our portfolio will contribute to DP World’s continued growth and the delivery of shareholder value.”


The world's largest collection of global supply chain intelligence

  • quickly and easily search and gain invaluable insight into the logistics industry
  • Empower everyone from business development executives to CEO level
  • Enhance the role of the market research department