DP World Signs 40-Year Design, Operation Deal for Montreal Port Expansion

The Montreal Port Authority (MPA) and DP World in Canada have signed a Joint Development Agreement to design and develop land-based works for the new Contrecœur container terminal as part of the Port of Montreal expansion. DP World will operate and maintain the terminal for 40 years, making it their sixth port facility in Canada, with full commissioning expected by 2030. The terminal will have an annual capacity of 1.15 million TEUs, featuring two berths, a rail yard, and connected services in an industrial zone. The project uses a hybrid approach, with the MPA overseeing in-water works and DP World responsible for land works and operations. This expansion aims to boost the Port of Montreal's container-handling capacity by over 50%, strengthening its role as an economic engine for Quebec and eastern Canada. DP World's CEO highlighted the terminal's importance amid shifting trade dynamics, including Canada's pivot toward increased transatlantic business under President Donald Trump's administration.