New Investment in Super Post-Panamax Cranes Inked at the Port of Halifax

HALIFAX, Nova Scotia, June 9, 2011 -

To view the Social Media Release, click here:

smr.newswire.ca/en/halifax-port-authority/new-investment-in-super-post-panamax-cranes

Macquarie Infrastructure Partners, the owner of Halterm Container
Terminal Limited, will invest in two additional Super post-panamax cranes
(SPPX) at the Port of Halifax. In 2012, the Port of Halifax will feature four
SPPX container berths equipped with seven SPPX cranes following the addition
of these new cranes.

"The investment in new cranes is indicative of Halterm's confidence in
the long-term strength of the Halifax market," said Ashley Dinning, CEO of
Halterm Container Terminal Limited.

The Port of Halifax features the deepest container berths on the Eastern
Seaboard and can handle vessels of any size. Existing capacity at the Port
can accommodate a tripling of container volumes. A CDN$35 million terminal
project currently underway includes the extension and deepening of the pier
which provides operational flexibility to accommodate two of the world's
largest vessels simultaneously.

"Macquarie Infrastructure Partners' investment in new cranes further
positions the Port of Halifax as a highly competitive East Coast North
American trade gateway," said Karen Oldfield, President and CEO of Halifax
Port Authority. "This additional investment signifies a solid private sector
commitment to the long-term growth of the Port of Halifax."

    For further information:

    Michele Peveril
    Halifax Port Authority
    +1-(902)-426-1060
    mpeveril@portofhalifax.ca
    www.portofhalifax.ca

.