Sept-Îles Multi-user Dock off to great start
(Posted on 31/01/19)
The Port of Sept-Îles, Canada, has announced an increase of 4.7% in volume handled over last year at 25,375,000 tons this year, compared to last year’s 24,231,000 tons. The startup of operations at the multi-user dock accounted for the entire increase, with over 5.5 million tons handled, which made up for the drop in shipping caused by the labour dispute at IOC Rio Tinto early in the year.
Boasting diverse, state-of-the-art facilities, the Port of Sept-Îles is one of North America’s largest ore-handling ports, with an expected volume of more than 30 million tons in 2018.
The port looks back proudly on a successful start for the multi-user dock, with 31 ships loaded in 2018. Its annual capacity of 50 million tons makes it a world-class facility. There are many highly notable accomplishments behind the year’s total volume:
ïƒ˜ The successful startup of the Bloom Lake iron mine, whose production exceeded projections.
ïƒ˜ Delivery by Société ferroviaire et portuaire de Pointe-Noire (SFPPN) of its conveyor to connect the new dock and the successful startup of its handling and storage operations.
ïƒ˜ Challenges surmounted by multi-user dock operator Logistec, in charge of operations and maintenance, and by the Port’s multi-user dock team.
In September, the Port had to shut down the Pointe-aux-Basques intermodal terminal pending its securing the funds for the necessary repairs and modernization. Pointe-aux-Basques is the gateway for supplies en route to the hinterland and a port of call supplying the isolated villages of the Lower North Shore.
Another highlight was the arrival of Tacora Resources in November, which completed its financing to restart the Scully Mine and purchased part of New Millennium Iron’s contract with the Port to become a new user of the multi-user dock.
Tacora will significantly increase the Port’s annual volumes, adding a projected 6 million tons per year, and will invest close to $50 million in early 2019 to adapt the SFPPN facilities.
In December the City of Sept-Îles and the Port released the results of the Environmental Observatory for the Bay of Sept-Îles’s five-year study, with the data and findings from phases I, II, and III. The data and studies found the
environment to be in good condition overall and will serve as a baseline for future protection and management of the Bay of Sept-Îles’s priceless ecosystem.
“Without any doubt, the multi-user dock sparked a revival of iron ore activities in 2018,” said Port of Sept-Îles president and CEO Pierre D. Gagnon. “The dock is a world-class strategic infrastructure that’s already a powerful driver of the Port’s growth and development.”
The port facilities at Sept-Îles play a vital and strategic role in the economy of Eastern Canada. Annual economic impacts are estimated at nearly $1 billion and close to 4,000 direct and indirect jobs.
David Ryan, Chairman of the New Orleans based Mississippi Valley Trade and Transport Council (MVTTC),... Read more
The Port of Gdansk has announced that key projects within the largest investment programme in its history... Read more
Abu Dhabi Ports have announced a freeze on rent escalation during 2021 for all businesses in its Industrial... Read more
Flying the flag of the Netherlands, the M/V Erasmusgracht arriving from Lake Charles, Louisiana, was... Read more
The announced acquisition by Hamburger Hafen und Logistik AG (HHLA) of 50.01 percent of the multi-function... Read more
The Port of Le Havre’s Supervisory Board has awarded a concession for the construction and operation... Read more
The Federal Kushiro is the first vessel to call the Port of Trois-Rivières in 2021. It docked... Read more
In facing the extraordinary challenge of a once in a generation pandemic, Abu Dhabi Ports has weathered... Read more
Responding to the news that the EU and the UK had reached an outline agreement on a future post Brexit... Read more
As from 1 January 2021, businesses that conduct trade between the EU and the UK will need to deal with... Read more