Port of Argentina poised for opportunity

Posted on January 08, 2020 | Atlantic Business Magazine | 0 Comments

Located on the eastern side of Placentia Bay, Newfoundland and Labrador, the Port of Argentia is poised to capture opportunities as a premier, heavy industrial seaport offering ice-free, year-round access.

Equipped with a wide-turning basin, heavy lift capacity, up to 11-metre draft alongside 625 metres of dock facilities—enhanced by ongoing infrastructure upgrades and expansion plans—the Port supports both the offshore oil and gas industry and emerging green technology initiatives in the province.

Says Acting CEO Ray Greene: “With a strategic location near the main shipping lanes between North America and Europe, the Port is being redeveloped with a diverse group of port users and tenants involved in marine transportation, manufacturing, construction, offshore oil, mining and other sectors.”

Port of Argentia is a private, not-for-profit corporation led by a volunteer Board of Directors and a professional management team with knowledge in port and property management, marketing and promotion as well as business and economic development. Its mandate is to provide stewardship of the seaport and industrial property.

Certified by Transport Canada under the Marine Transportation Security Regulations (MTSR), with dock facilities surrounded by a 40-hectare secure fenced compound, the Port features stevedoring, transportation, crane and other dock services available on site in support of both domestic and international container shipping.

More than 40 businesses, port users and tenants provide services to port operations and industrial projects. Port of Argentia is the host site of Husky’s Concrete Gravity Structure construction in a purpose-built graving dock. Once completed, the wellhead platform will be installed offshore in support of the West White Rose Project.

The Port also owns and operates the Northside Industrial Park, Southside Industrial Park and Argentia Sunset RV Park. The properties comprise 1,200 hectares of developed industrial land and 46,000 square metres of commercial building space.

Says Greene: “Argentia’s well-maintained infrastructure and highly-skilled local workforce provide significant cost advantages to customers as we continue to develop new opportunities for business in the province.” •

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