Melford International Terminal Inc.

Company Overview

Melford International Terminal (MIT) is a privately owned infrastructure development company advancing a deep-water, ice-free marine terminal and logistics hub at Middle Melford on Nova Scotia’s Strait of Canso. Headquartered in Halifax and backed by Cyrus Capital Partners and First Nations investment, MIT is positioned to create one of North America’s closest Atlantic gateway ports to Europe and the Suez Canal, providing efficient access to major global trade routes. 

The development plan includes a multi-berth marine terminal, an intermodal rail facility connected to Canada’s national rail network, and a large-scale logistics and industrial park. Designed to accommodate some of the world’s largest vessels, the project supports future cargo handling, warehousing, distribution, and value-added industrial activity. 

MIT has expanded beyond traditional container operations to serve Canada’s growing offshore and onshore wind energy sectors. The fully permitted greenfield site is suited for manufacturing, assembly, staging, storage, maintenance, and marshalling of renewable energy components. With key approvals secured and strategic assets assembled, MIT continues to attract investor interest while strengthening trade capacity, supply chain resilience, and economic growth across Atlantic Canada.

Investment Opportunity

Melford International Terminal represents a rare, shovel-ready marine infrastructure investment combining deep-water port capacity, rail connectivity, extensive industrial land holdings, and exposure to both global trade and renewable energy growth. The project offers investors participation in a strategically located Atlantic gateway with significant expansion potential and multiple revenue streams across cargo, logistics, industrial development, and energy-sector support services.

Project Highlights

• Two multi-use berths totaling 2,400 feet
• 60-foot draft at berth and 100-foot draft in channel
• 16,500 feet of initial on-dock rail infrastructure
• 250-acre logistics park adjacent to terminal operations
• 660 acres owned freehold plus 1,200 acres controlled for expansion
• Privately owned with no port authority concessions or lease restrictions
• Completed First Nations consultation and investment participation
• Eight-year labour agreement in place
• Shovel-ready and fully permitted
• Phase One capital cost: US$357 million (including rail, excluding equipment)
• Projected levered IRR: 18%–20%
• Seeking joint venture, equity, debt financing, strategic or offtake partners
• Strategic Assets & Development Status

The project has completed assembly of critical infrastructure and land assets. MIT owns 660 acres of freehold land, including water lots, the Phase 1 logistics park, terminal lands, and a 32-kilometre rail corridor acquired through agreements with the Province of Nova Scotia and private landowners. Environmental approvals and permits are secured, enabling development to proceed upon completion of financing and commercial agreements.

Sector Opportunities

Marine & Port Infrastructure: Capacity of approximately 775,000 TEU, year-round operations, deep-water access, and full intermodal connectivity. 

Clean Energy: Port infrastructure supporting offshore and onshore wind development, with project deployment timelines estimated at 18–24 months. 

Conventional Energy: Potential support for offshore natural gas development through marine logistics and port infrastructure. 

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