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Or sign-in if you have an account.Artist's rendering of proposed expansion of the Roberts Bank Superport in Delta. It would involve a new container terminal on a second artificial island (foreground). In the background is the existing artificial island that houses the Deltaport container terminal and a coal-loading terminal. Credit: Port of Vancouver Photo by Port of VancouverThe Port of Vancouver has picked its preferred contractor to build the central part of the massive, $3 billion Roberts Bank Terminal 2 project that will expand the West Coast’s container capacity by 30 per cent.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorOn Monday, the Vancouver Fraser Port Authority said it has selected a consortium under the name TerraMarine as “the preferred proponent” to build the new 1.3-square-kilometre artificial island and wharf components of the Terminal 2 project.The selection of TerraMarine from a short list of three qualified bidders touches off a timeline for its consortium to start negotiations with the port authority, and work with First Nations and regulators on a construction plan aimed at establishing costs, a schedule and subcontracting opportunities.Breaking business news, incisive views, must-reads and market signals. 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Please try againAccording to the port authority, it intends to award TerraMarine a target-price, design-build contract when this work “has sufficiently advanced” and financial terms close, with early work expected to start in late 2027.Major work is expected to begin in 2028 and the Port of Vancouver is hoping for terminal operations at Terminal 2 to begin by the mid-2030s.“As we advance the Roberts Bank Terminal 2 project, selecting a highly qualified construction partner is a major step forward,” said port authority CEO Peter Xotta.Xotta called the container-terminal expansion critical to achieving Prime Minister Mark Carney’s goal to double non-U.S. exports over the next decade.The existing Deltaport terminal at the existing Roberts Bank Superport artificial island is already Canada’s largest container port, with the capacity to handle 2.4 million 20-foot-equivalent units a year. Terminal 2 would handle an additional 2.4 million TEUs per year.In its announcement, the port authority said it selected a design-build procurement model with a target price, which will see the contractor create the new 130-hectare island, wharf and berth pocket, as well as a widened and expanded causeway to the superport.An environmental assessment of Terminal 2 acknowledged the project will have “irreversible adverse effects, but federal authorities approved it with 370 binding conditions including 100 measures to protect wildlife.”In Monday’s announcement, the port authority said “select environmental mitigation and offsetting projects,” will be part of the contract.Developments in Roberts Bank Terminal 2 are happening at the same time the federal and the Alberta government are attempting to advance a proposal for a new one-million-barrel-a-day pipeline to a terminus at Roberts Bank under Ottawa’s memorandum of understanding with Edmonton over resource development in the province.Last week, Vancouver Fraser Port Authority officials told Postmedia that it had no information about the proposed oil development and that “these are two separate projects,” according to spokesperson Hayley Hodgson.Carney, however, committed $10 billion in federal money to support expansion of the Roberts Bank corridor, more than twice Terminal 2’s projected cost.Alberta’s submission to the federal major projects office indicated the proposal’s shipping terminal would require 2.6 square kilometres of land to accommodate 15 oil storage tanks, and a two-berth loading facility at the end of a five-kilometre causeway.TerraMarine is a consortium that includes Flatiron Dragados Canada, a subsidiary of U.S. infrastructure firm Flatiron Dragados; Van Oord Canada, subsidiary of a Netherlands marine contractor; engineering firm Aecon Constructors; and Carlson Construction Group.Their bid was supported by the design firm Arcadis Professional Services Canada with sub-consultants Stantec Consulting, TYPSA and Tetra Tech Canada.The port authority is also in the process of negotiating a potential partnership with Global Container Terminals to operate Terminal 2 under a memorandum of understanding the parties signed in April. GCT already operates the Deltaport container terminal at Roberts Bank and the Vanterm container terminal in Vancouver Harbour. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.