CDPQ Acquires Stake in DP World’s Canadian Terminals

Dubai-based port and terminal operator DP World has closed the transaction to monetize 45% of its Canadian container terminals for CAD 869 million (USD 655 million).

The stake in two terminals, Vancouver and Prince Rupert, was acquired by North America’s pension fund manager Caisse de dépôt et placement du Québec (CDPQ).

In early-December 2016, DP World and CDPQ joined forces to create an investment vehicle to invest in ports and terminals globally, excluding the United Arab Emirates (UAE).

The investment platform, worth USD 3.7 billion, with DP World having a 55% share and CDPQ the remaining 45%, will invest in the assets across their lifecycle, with a focus on investment grade countries.

Last month, DP World said the investment would cover existing assets, with up to 25% invested in greenfield opportunities.

Share this article

Follow World Maritime News

In Depth>


<< Apr 2020 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >


The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >