DP World Completes Acquisition of Fraser Surrey Docks (FSD)

DP World Completes Acquisition of Fraser Surrey Docks (FSD)

DP World has completed its acquisition of Fraser Surrey Docks (FSD) in British Columbia through its Canadian subsidiary, DP World Canada Investment, from Macquarie Infrastructure Partners. Dubai-based DP World, which also operates terminals within Vancouver harbor and at Prince Rupert, announced it would acquire FSD last year (see Pacific Maritime Magazine, July 2019). The facility has more than 1,200 meters of berthing and 189 acres of yard area on the Fraser River and has been handling grain, steel, containers and project cargoes.
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Port of Savannah Expansion

Port of Savannah Expansion

The Georgia Ports Authority (GPA) has acquired 145 acres of additional land in order to expand cargo handling capacity at the Port of Savannah. The acquisition comes as work to allow the port’s Garden City Terminal to serve three 14,000-TEU vessels simultaneously has been completed. Additional construction, to be completed by 2023, will add an additional big ship berth to the facility as part of a larger blueprint to increase the GPA’s capacity to nine million TEUs by 2030. This will also see Savannah’s Ocean Terminal partially converted to handle containers by the construction of a new truck gate and…
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