Cyrus Capital invests in Melford Atlantic Gateway Project
U.S. hedge fund Cyrus Capital Partners has partnered with SSA Marine Inc and Melford International Terminal Inc in an investment in the Melford Atlantic Gateway Project. No financial terms were released. The project will focus on construction of a 315-acre marine container terminal at the Strait of Canso, Nova Scotia. Once built, the facility is expected to be the closest North American port on the Great Circle Route to Europe and Asia via the Suez Canal. Cyrus holds a majority interest in Melford International, a Halifax-based development company.
7 July 2016•4 mins read
