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More than 100 companies support the development of Laurentia project at Port of Québec

QUÉBEC, QC- More than one hundred companies have given their support to the development of Laurentia, the Port of Québec’s $775 million deep-water container terminal project, which will create a new economical supply chain for Quebec and Eastern Canadian importers and exporters, enabling them to gain efficient access to international markets in Asia and Europe, stated a press release.

The Quebec Container Terminal, operated by Hutchison Port Holdings (HPH) and Canadian National (CN), is to open in early 2024 and will provide shippers with improved access to traditional markets in Europe and the Mediterranean as well expanding markets in Southeast Asia.

In addition to becoming the most ecological and technologically advanced facility in North America, the terminal will offer import-export companies faster transportation times and more competitive rates than those currently offered by other ports on the east coast of the United States operating in the deep-water seaport and large container ship markets.

HPH, the world’s leading port investor, developer and operator with a network of 52 ports spanning 27 countries, and CN, an established transportation network providing access to the heart of North American industry, are making a stake, together with the Port of Québec, on Québec City becoming a new intermodal and transportation hub through the establishment of an essential supply chain. The port location and the Quebec Container Terminal offer critical responses to changing trends taking place in today’s shipping industry. The Laurentia Project includes a wharf with a 16-metre water depth, capacity to accommodate 13,000 TEU container ships and a direct connection to a high-performance rail transportation network that can reach one hundred million North American consumers.

“As a food logistics solution provider designed to meet the needs of the food and the retail industries, Congebec must be able to count on a solid, efficient and reliable logistics chain to conduct its commercial operations. By bringing together all these factors, Laurentia proves to be a solution of choice in proximity to our company that will allow us to achieve significant economies of scale,” said Nicholas-P. Pedneault, President and Chief Executive Officer, Congebec

 “As a result of looking toward international markets, Breton Tradition 1944 Inc. and its subsidiaries, the North American leader in the production of natural and organic pork, have commercial relationships with various companies around the world. This new maritime infrastructure will allow companies like ours to take full advantage of an improved and competitive intermodal transportation chain,” said Vincent Breton, President & CEO, Breton Tradition 1944.

“Resolute’s long-term export requirements are based on a modern and cost efficient supply chain. International markets are very competitive, and the Quebec City Big Ship Container Port will provide exporters as well as consumers access to bigger ships and trains, providing important efficiencies,” said Karen Roach, Vice-President Pulp & Paper Business Optimization, Resolute Forest Products. (Artist rendering supplied by Port of Québec.)