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New investment in Super Post-Panamax cranes inked at the Port of Halifax

June 9, 2011

HALIFAX, June 9, 2011 /PRNewswire/ – Macquarie Infrastructure Partners, the
owner of Halterm Container Terminal Limited, will invest in two
additional Super post-panamax cranes (SPPX) at the Port of Halifax.  In
2012, the Port of Halifax will feature four SPPX container berths
equipped with seven SPPX cranes following the addition of these new
cranes.

“The investment in new cranes is indicative of Halterm’s confidence in
the long-term strength of the Halifax market,” said Ashley Dinning, CEO
of Halterm Container Terminal Limited.

The Port of Halifax features the deepest container berths on the Eastern
Seaboard and can handle vessels of any size.  Existing capacity at the
Port can accommodate a tripling of container volumes.  A $35 million
terminal project currently underway includes the extension and
deepening of the pier which provides operational flexibility to
accommodate two of the world’s largest vessels simultaneously.

“Macquarie Infrastructure Partners’ investment in new cranes further
positions the Port of Halifax as a highly competitive East Coast North
American trade gateway,” said Karen Oldfield, President and CEO of
Halifax Port Authority.  “This additional investment signifies a solid
private sector commitment to the long-term growth of the Port of
Halifax.”

SOURCE PORT OF HALIFAX


Source: newswire



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