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FinanceVancouver Fraser Port Authority selects TerraMarine JV for Roberts Bank Terminal 2 expansion
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The Vancouver Fraser Port Authority has selected the TerraMarine joint venture as the preferred proponent for the landmass and wharf infrastructure component of the Roberts Bank Terminal 2 Project in Delta, British Columbia. The multi-billion-dollar expansion will increase container capacity on Canada's West Coast by over 30% through construction of a new three-berth marine container terminal, a 1,300m wharf, and a widened causeway. The JV, led by FlatironDragados and including Van Oord, Aecon, and Carlson Construction Group, was chosen through a competitive procurement process. Subject to contract negotiations, a design and early works agreement is expected in Q3 2026, with a design-build agreement anticipated in early 2028 and construction starting the same year. Completion is targeted for early 2034, with terminal operations beginning in the mid-2030s. The project will unlock over C$100bn in annual trade capacity and contribute over C$3bn annually to Canada's GDP. It has secured key environmental approvals and consent from 27 First Nations.
Source report
By: Anwesha Pattanaik Source: World Construction Network / Vancouver Fraser Port Authority
The Vancouver Fraser Port Authority has selected the TerraMarine joint venture (JV) as the preferred proponent for the landmass and wharf infrastructure component of the Roberts Bank Terminal 2 Project in Delta, British Columbia.
The multi-billion-dollar expansion is expected to increase container capacity on Canada's West Coast by more than 30%.
Project Scope
The expansion will involve:
- Construction of a new three-berth marine container terminal
- Development of a 1,300-metre wharf
- Widening of the causeway
Procurement Process
The JV, led by FlatironDragados and including Van Oord, Aecon, and Carlson Construction Group, was selected through a competitive procurement process:
- July 2025: Request for qualifications issued
- November 2025: Three teams shortlisted
- May 2026: Proposals submitted
- An independent fairness monitor oversaw the entire process
Timeline
| Milestone | Expected Date | |-----------|---------------| | Design and early works agreement | Q3 2026 | | Design-build agreement | Early 2028 | | Construction commencement | 2028 | | Project completion | Early 2034 | | Terminal operations begin | Mid-2030s |
Economic Impact
According to the port authority, Roberts Bank Terminal 2 will:
- Unlock more than C$100 billion in annual trade capacity
- Contribute over C$3 billion annually to Canada's GDP
- Support thousands of jobs
The project also aims to enhance reliability and resilience in the supply chain for businesses moving goods to international markets.
Statement from FlatironDragados
"Being selected as the preferred proponent for Roberts Bank Terminal 2 is a tremendous honour and reflects the strength of our team and partners. We look forward to collaborating closely with the Vancouver Fraser Port Authority, our construction partners, Indigenous Nations and other stakeholders to deliver a project that will provide lasting benefits for generations. Roberts Bank Terminal 2 is an investment in Canada's future, and we are proud to help bring that vision to life."
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— Javier Sevilla, CEO, FlatironDragados
Contract Details
The TerraMarine JV contract will include delivery of:
- Marine landmass
- Wharf structure and berth pocket
- Expanded tug basin
- Widened causeway
- Selective environmental mitigation works
The project will be delivered through a progressive design-build procurement using a target price model. This approach is intended to provide flexibility and foster closer collaboration, while improving cost and schedule certainty.
Approvals and Partnerships
- The project has secured key environmental approvals and consent from 27 First Nations, with mutual benefit agreements in place.
- The port authority has signed a memorandum of understanding with Global Container Terminals to explore options for partnership on the project.
This article was originally created and published by World Construction Network, a GlobalData owned brand.
Source
Yahoo FinanceWestern
Part of this Story
TerraMarine JV Selected to Lead Roberts Bank Terminal 2 Port Expansion in British Columbia