Port authority, Delta port operator to explore partnering on expansion project<\/p>\n
Published 5:00 pm Monday, April 27, 2026<\/p>\n
The Vancouver Fraser Port Authority and Global Container Terminals have entered into a memorandum of understanding to explore a partnership to advance the port\u2019s Roberts Bank Terminal 2 project.<\/p>\n
In a joint media release issued April 21, the port authority and GCT said they will work collaboratively, supported by the federal government\u2019s Major Projects Office, to share information and negotiate in good faith with the goal of achieving a joint development agreement.<\/p>\n
Under the one-year memorandum of understanding, the port authority and GCT will work together through a defined process to assess the benefits, synergies and operational expertise that GCT can contribute as RBT2\u2019s potential terminal builder and operator, the release states.<\/p>\n
\u201cThe MOU reflects a shared commitment to strengthen Canada\u2019s trade infrastructure by exploring opportunities for partnership to deliver RBT2 in a co-ordinated, efficient and commercially viable manner,\u201d the release states.<\/p>\n
\u201cAs a majority Canadian-owned operator with over a century of experience operating container terminals [including] existing operations at nearby Deltaport, GCT may provide unique benefits to a partnership with [Vancouver Fraser Port Authority].\u201d<\/p>\n
The port authority will continue to lead development of the RBT2 landmass and be responsible for permitting and engagement with Indigenous communities, while working exclusively with GCT to explore a development and operating arrangement for the new facility.<\/p>\n