Financial boost for grain containerisation at the Port of Montreal

News

The Montreal Port Authority will receive C$ 12.5m from the Canadian government to enhance grain containerisation, increasing storage capacity by 20%.

Financial boost for grain containerisation at the Port of Montreal
© CanEst Transit

The Montreal Port Authority (MPA) is set to receive financial support of C$ 12.5m from the Government of Canada as part of the National Trade Corridors Fund (NTCF). This funding will contribute to a significant redevelopment and upgrade project within the grain containerisation sector at the Port of Montreal.

Valued at a total of C$ 25m, the project aims to enhance operational space and increase container storage capacity by 20% at the terminal operated by DG CanEst Transit Inc.

This terminal plays a crucial role in exporting containerised grain from the Port of Montreal to international markets. Over the past decade, the grain containerisation sector at this port has experienced a remarkable growth of 78%, establishing it as one of the most prolific in the region.

DG CanEst receives grain by road and rail for transloading into shipping containers.  In 2022 it received a Federal grant for C$ 8m towards the cost of a C $18m upgrade that would increase the capacity of its container filling system from 8 to 16 containers per hour and double its export capacity to over 35,000 containers of grain annually.

The new funding announced this month complements the 2022 expansion, and will pave the way for new export opportunities to markets in Asia, the Mediterranean, Northern Europe, the Middle East, Latin America, and Africa.

Key milestones for the new project include:

  • Commissioning of a new electrical substation
  • Demolition of the existing electrical substation
  • Upgrades to the CanEst courtyard and rainwater outlet
  • Refurbishment of the level crossing
  • Renovations at Workshop 42 in the Port of Montreal

The Port of Montreal serves as a major hub for grain handling, boasting not only the containerised grain facility operated by DG CanEst Transit Inc. but also a large bulk grain elevator managed by Viterra.

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Financial boost for grain containerisation at the Port of Montreal ‣ WorldCargo News

Financial boost for grain containerisation at the Port of Montreal

News

The Montreal Port Authority will receive C$ 12.5m from the Canadian government to enhance grain containerisation, increasing storage capacity by 20%.

Financial boost for grain containerisation at the Port of Montreal
© CanEst Transit

The Montreal Port Authority (MPA) is set to receive financial support of C$ 12.5m from the Government of Canada as part of the National Trade Corridors Fund (NTCF). This funding will contribute to a significant redevelopment and upgrade project within the grain containerisation sector at the Port of Montreal.

Valued at a total of C$ 25m, the project aims to enhance operational space and increase container storage capacity by 20% at the terminal operated by DG CanEst Transit Inc.

This terminal plays a crucial role in exporting containerised grain from the Port of Montreal to international markets. Over the past decade, the grain containerisation sector at this port has experienced a remarkable growth of 78%, establishing it as one of the most prolific in the region.

DG CanEst receives grain by road and rail for transloading into shipping containers.  In 2022 it received a Federal grant for C$ 8m towards the cost of a C $18m upgrade that would increase the capacity of its container filling system from 8 to 16 containers per hour and double its export capacity to over 35,000 containers of grain annually.

The new funding announced this month complements the 2022 expansion, and will pave the way for new export opportunities to markets in Asia, the Mediterranean, Northern Europe, the Middle East, Latin America, and Africa.

Key milestones for the new project include:

  • Commissioning of a new electrical substation
  • Demolition of the existing electrical substation
  • Upgrades to the CanEst courtyard and rainwater outlet
  • Refurbishment of the level crossing
  • Renovations at Workshop 42 in the Port of Montreal

The Port of Montreal serves as a major hub for grain handling, boasting not only the containerised grain facility operated by DG CanEst Transit Inc. but also a large bulk grain elevator managed by Viterra.

You just read one of our articles for free

To continue reading, subscribe to WorldCargo News

By subscribing you will have:

  • Access to all regular and exclusive content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

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Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.