Monday, April 27, 2026
With the support of the Major Projects Office, the Vancouver Fraser Port Authority (VFPA), and GCT Global Container Terminals (GCT) have entered into a Memorandum of Understanding (MOU) to explore partnership to advance Roberts Bank Terminal 2 (RBT2) at the Port of Vancouver.
“Increasing container capacity is essential to Canada’s ability to compete, grow and trade with the world. This is an exciting time for the Roberts Bank Terminal 2 Project with procurement underway and a landmass construction partner to be selected this summer. This MOU moves us into planning for the next stage of project delivery with an opportunity for partnership with a Canadian-owned operator with a strong track record of delivery in Port of Vancouver,” said Peter Xotta, President and CEO, Vancouver Fraser Port Authority.
As part of the agreement, GCT will withdraw its application to the Major Project Office for its separate Deltaport Berth 4 (DP4) expansion project and instead focus its efforts on advancing RBT2.
The Roberts Bank Terminal 2 project is No. 30 on ReNew Canada’s 2026 Top100 Projects report.
The MOU reflects a shared commitment to strengthen Canada’s trade infrastructure by exploring opportunities for partnership to deliver RBT2 in a coordinated, efficient, and commercially viable manner. As a majority Canadian-owned operator with over a century of experience operating container terminals and existing operations at nearby Deltaport, GCT may provide unique benefits to a partnership with VFPA.
“GCT has a long history of driving growth at the Port of Vancouver. Strong, reliable trade infrastructure is fundamental to Canada’s economic strength, and we are excited to work alongside the VFPA to explore how our operational expertise and long-term investment capacity can contribute to the successful delivery of RBT2,” said Eric Waltz, president and CEO, GCT Global Container Terminals.
Under the MOU, VFPA and GCT will work together through a defined process to assess the benefits, synergies, and operational expertise that GCT can contribute as the potential terminal builder and operator. During this one-year period, VFPA will work exclusively with GCT to explore a development and operating arrangement for RBT2.
VFPA will continue to lead the development of the RBT2 landmass and remain responsible for permitting and engagement with Indigenous communities.
Featured image: (Vancouver Fraser Port Authority)
