Record Volumes at Port Metro Vancouver

MarineLink.com
Tuesday, February 25, 2014
Photo: Port Metro Vancouver

Canada's largest and most diverse port has released its 2013 year-end results showing continued growth, including a repeat of record volumes in the container and bulk sectors. In 2013, Port Metro Vancouver also advanced several ongoing capacity building infrastructure projects, updated and extended environmental initiatives and participated in substantial community engagement activities.

The 2013 year-end statistics report shows that Port Metro Vancouver handled 135 million metric tons of cargo, a record for the Port, and an overall increase of nine percent over 2012. Import and export tonnage maintained balanced growth, showing a nine-percent increase each. Increased demand for Canadian products, an ongoing transition to a consumer-based economy in China and recovery in Asia have fueled the continued growth of Canadian trade through the port.

"As we see continued growth of Canada's trade moving through Port Metro Vancouver, we strive to balance this growth with the need to protect our environment and respect the quality of life of our neighbours," said Robin Silvester, President and Chief Executive Officer, Port Metro Vancouver. "Looking to the future, we remain firmly committed to facilitating Canada's trade, environmental stewardship, improved reliability, enhanced customer value, and improving the quality of life of British Columbians and Canadians through enabling economic activity."

Bulk cargo volumes also rose by 11 percent, buoyed by increases in coal and grain.

"Another year of growth at Port Metro Vancouver provides ongoing proof of the strength of the Canadian economy, and the success of our trade development focused policies and infrastructure investments," said the Honourable Lisa Raitt, Minister of Transport. "As we have acted to increase trade ties with Europe through the Comprehensive Economic and Trade Agreement (CETA), and look now to expand opportunities with Asia through the Trans Pacific Partnership (TPP), our forward thinking investments in infrastructure, coupled with Port Metro Vancouver's reputation as a reliable and competitive gateway, are contributing to the prosperity of Canadians across the country."

Cruise passenger numbers jumped 22 percent, providing significant injection into the local tourism economy, and container traffic continued growth at four percent, with a near equal number of import and export containers moving through the port.

"Port Metro Vancouver is a key enabler of British Columbia's economy, supporting more than 76,000 jobs across the province," said the Honorable Todd Stone, Minister of Transportation and Infrastructure. "We are experiencing the success of the Pacific Gateway Strategy, as we continue to see growth in trade through the gateway and family supporting jobs that come with it."


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Cruise Ship Trends

MV WERFTEN, Foreship Sign Design Agreements

MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design,

Vard Bags Hapag-Lloyd Cruises contract for 2 Vessels

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has secured contracts

Lucas Marine, Harbor Breeze Cruises Partner to Cut Fuel Costs

Lucas Marine is partnering with Harbor Breeze Corporation to help reduce the yacht charter and cruise company's fuel costs, maintenance and environmental impact in Los Angeles and Long Beach Harbors.

Ports

Indian Warships Visit Port Victoria

In a demonstration of India’s commitment to its ties with Seychelles and maritime security in the Indian Ocean Region, Indian Naval Ships Kolkata, Trikand and

Vitol's Malaysia Terminal Suspends Ops after Spill

VTTI, the storage unit of world's largest oil trader Vitol, has suspended operations at its terminal in southern Malaysia following an oil spill, two industry sources said on Friday.

Shenzhen Port to Adopt China ECA Regulation

China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year,

Container Ships

Maersk Line's Innovative Smart Reefers

Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Hapag-Lloyd: UASC Merger Benefits to show in 2017

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year,

News

Coast Guard Foundation Awarded 128 Scholarships

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

NASA May Send Submarine to Titan

NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.

Vessels

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Damen Trading Sale hits 500th Vessel

30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.

Matson Orders Two ConRo Ships from NASSCO

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1440 sec (7 req/sec)