Port of Argentia wins govt funding as it eyes green energy and low-carbon fuels development Jasmina Ovcina Mandra
The Government of Canada has announced an investment of up to $38 million under the National Trade Corridors Fund to improve cargo movement at the Port of Argentia based in Newfoundland.
The funds are targeting the expansion of the existing Fleet Dock terminal. This expansion includes the construction of approximately 460 m of berthing space for three new berths to accommodate larger vessels, a Roll-on Roll-Off ramp to facilitate the movement of containers and cargo, as well as increasing available dockside space by approximately 100,000 m2.
The project will also promote environmentally sustainable practices, such as supporting green energy and low-carbon fuels, the port said.
“The Cooper Cove Marine Terminal expansion and infrastructure development is a game changer and will see Argentia attract major foreign investment with project developments in renewable energy, offshore supports and a range of other marine transportation operations.
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Jasmina Ovcina Mandra