Sept-Îles to modernise Pointe-aux-Basques Terminal
(Posted on 27/06/19)
The Port of Sept-Îles has welcomed announcements confirming that two levels of government will participate in equal measure to modernise the Pointe-aux-Basques Terminal, for a total investment of more than $13.3 million, or two-thirds of the estimated total cost of $20 million.
The Port of Sept-Îles is North America’s largest ore-handling port, with an expected volume of more than 35 million tons in 2019.
The Honourable Marc Garneau, Minister of Transport, and Jonatan Julien, Minister of Energy and Natural Resources and Minister Responsible for the Côte-Nord Region, announced the funding at a ground-breaking ceremony.
The Port of Sept-Îles will receive $6.7 million through the federal government’s National Trade Corridors Fund (NTCF) and $6.7 million through Ministère des Transports du Québec’s program to support investments in maritime transport infrastructure, Programme de soutien aux investissements dans les infrastructures de transport maritime (PSIITM). The project to restore and modernize the Pointe-aux-Basques Terminal is expected to cost $20 million. The Port of Sept-Îles will supply the balance, equal to a third of the total cost.
Built in 1950, the Pointe-aux-Basques Terminal has always been intermodal, serving as the port of entry for goods being shipped north and the main terminal for people and goods moving to and from the isolated villages of the Basse-CôteNord.
The modernization will bring the Pointe-aux-Basques Terminal up to standard and make improvements that will allow it to better meet the current demand for short sea shipping, which is rising on the promise of stronger markets, and also serve as a transit point for a wider range of goods. The terminal’s strategic location and intermodality are major assets in this.
Indeed, a number of industrial mineral operations already plan to use the terminal for their exports, moving ore by train from further inland and down from the Great North and onto ships waiting at the terminal.
The modernization couldn’t come at a better time. With the growing iron market expected to generate upwards of 20 to 30 million tons of ore in the coming years, the terminal will be called on to play a greater role in moving supplies up to the mining companies operating in Labrador and Northern Québec.
“With so much heavy vehicle traffic on Route 138, Pointe-aux-Basques is an excellent alternative for the sustainable transport of goods as they transit through our region. For each ton shipped to our region, modal transfer from road transport to maritime transport will have a significant positive impact on our GHG emissions and will help improve driving conditions for everyone in the Côte-Nord. We’d like to thank both the provincial and federal governments for their support, which shows a real awareness of the issues affecting our region,” said Carol Soucy, Board Chair, and Pierre Gagnon, President and CEO of the Port of Sept-Îles, in a joint statement.
Latest News
Hamburg and Estonia deepen strategic port cooperation
(Posted on 29/05/26)Hamburg’s Senator for Economic Affairs, Dr Melanie Leonhard, has welcomed Estonia’s Minister... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
King and Minister open Rotterdam section of Netherlands hydrogen network
(Posted on 25/05/26)King Willem-Alexander of the Netherlands has symbolically activated the first section of the national... Read more
Collaboration to explore alternative export hub on UAE East Coast
(Posted on 22/05/26)Abu Dhabi based AD Ports Group, a leading global enabler of integrated trade, industry and logistics... Read more
Hamilton welcomes new $135-million Sucro Can sugar refinery
(Posted on 14/05/26)Sucro Can Canada and HOPA Ports marked the official opening of Sucro Can’s new sugar refinery,... Read more
New Liebherr MHC enhances Belfast Harbour’s bulk handling capabilities
(Posted on 13/05/26)Belfast Harbour has made its latest investment in the development of the port with the arrival of a... Read more
Riga and AD Ports MoU marks new phase of cooperation
(Posted on 11/05/26)A Memorandum of Understanding has been signed in Riga between Abu Dhabi-based, publicly traded global... Read more
International conference “all about ports” launches in Hamburg
(Posted on 11/05/26)As an international conference accompanied by an exhibition, all about ports will address key future... Read more
ADMA satellite agreement to enhance efficient routing of minerals and agri products
(Posted on 04/05/26)Abu Dhabi Maritime Academy (ADMA), the Middle East region’s leading academic institution for maritime... Read more
