DP World (DPW.DI) won concession of the multi-functional handling terminal at the port of Saint John in New Brunswick, Canada, signing a long-term right to operate the terminal Rodney Container Terminal in the port. According to the contract, DP World will participate in the implementation of the USD157mn investment program of port development in the period till 2021. The program aims at the construction of a deep-water pier and railway station, capable of taking complete trains. Port of Saint John is the only Canadian port of the Atlantic coast, which is served by Canadian National Railways and Canadian Pacific. DP World is already a major investor in the terminal market in Canada, with investments in Dubai Centerm operator terminal in the port of Vancouver, Fairview Terminal at the Port of Prince Rupert and the Duke Point Terminal in the Port of Nanaimo. ( Maritime Herald)   DP World (DU): AED19.75 as of 19 Jan, Rating: Buy, TP: AED22.00/share, MCap: USD16,393 mn, DPW DU / DPW.DI