Port of Sydney Project Briefing Update
Earlier this week the Port of Sydney hosted a project briefing on the proposed Transhipment Hub in Sydney at the Holiday Inn, Sydney Waterfront. Consultant Barry Sheehy of HPDP lead the discussion that included a high level checklist required to move the proposed project forward.
Published on: Mar 4, 2016
Transcripts - Port of Sydney Project Briefing Update
Sydney is the most important piece
of maritime real estate on the east
coast of North America.
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i Finance Operators
Design & Build Shipping
i Logistics & Warehousing Rail
Railway Seaway Highway
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Container Trafﬁc from Suez and Europe to eastern North America runs about half a million
containers a month. East bound traffic is only marginally smaller. (source. -Drew; yMaritimeResearch)
Some of the containers heading east may be without cargo but still have to be returned.
Combined, that is apx 6-7 million containers a year (one—way), almost all of which sails past
or near Sydney, NS.
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Critical component Atlantic Gateway
Critical to European Free Trade Agreement (CETA)
Shipping Lines switching to ultra large vessels (ULCS)
European and Suez trafﬁc increasing
Chronic congestion in both (Us) west and east coast ports
Labor unrest in (Us) west coast ports adds to congestion
Shippers looking for alternatives to existing (U S) ports
Shippers looking for lowest possible costs—new vs retroﬁtting
Montreal becomes part of Atlantic Gateway
Links Central Canada to the Atlantic Gateway
‘lite A tlantie Gateway eenld eaptnre l®—l5% ef the tralﬁe that
sails riiglrlt past Canada (Nova Seetia) On its Way to US Ports.
Eeertonaie beneﬁts would be felt aeress the ll/ laritirnes te
ll/ leontreal and Central Canada.
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L Location—closest to Europe and Suez L Power and service infrastructure
L Dredged—16+ meters L No legacy fees or agreements
L Designed to accommodate ULCS L Skilled labor force
L No overhead obstructions L Marine services
L Shovel ready—permits, environmental, regulatory L Secure distance from major urban center
L Support at all levels of government L Rail partner
L Strong local support L Shipping partner
L Financing L Bunkering
L World’s most experienced port builder L Dry dock/ ﬂoating dock
L Greenﬁeld and serviced land—50O acres L Spill/ environmental clean-up
L Designed to be lowest cost port on east coast L Security
L Serviced by double stack rail
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Muskrat Falls Generation
- 824 MW capacity
- Two dams, one powerhouse
- 60km reservoir
- Ownership: 100% Nalcor
Labrador-Island Transmission Link
- 900 MW capacity
- Muskrat Falls to Soldiers Pond
- 1,100 km, including 30 km under the Strait of
- Ownership: Nalcor and Emera
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- 500 MW capacity
l’Oin1 Aconi - Includes 170 km undersea link from Cape Ray, NL
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' - Ownership: 100% Emera for 35 years
REGIONAL ENERGY DEVELOPMENT
: Labrador—Island Transmission Link Maritirne Transmission Link
AC Transmission Line Existing Infrastructure Subsea Component of Link