Port Metro Vancouver pleased with Federal Government's Short Sea Shipping Funding Announcement



    VANCOUVER, Sept. 5 /CNW/ - Port Metro Vancouver is pleased with today's
announcement by Secretary of State (Asia-Pacific Gateway) James Moore of up to
$20.9 million in federal funding under the Asia Pacific Gateway and Corridor
Initiative Transportation Infrastructure Fund for five short sea shipping
projects and two road projects in British Columbia's Lower Mainland. This
funding is part of a potential $43.5 million joint investment with private
sector transportation service providers and municipalities in the region.
    "Today's announcement for short sea shipping has tremendous potential for
this region, providing a more sustainable environment by more fully utilizing
existing waterways, and reducing impacts on the road infrastructure," said
Captain Gordon Houston, President and Chief Executive Officer of Port Metro
Vancouver. "For example, one barge carries as much cargo as 65 trucks, or 15
rail cars. So the potential advantages are quite clear," said Houston, who
joined Secretary of State Moore for the announcement at Canada Place in
Vancouver.
    Short sea shipping is the marine transport of cargo between points that
are relatively close to one another, such as along rivers and coastlines and
represents one of the most promising opportunities for growth in a reliable
and sustainable transportation system. Efficient road, rail and waterborne
transportation contribute to port productivity and growth, reduce
environmental impacts, and can provide an acceptable rate of return on
investments. In the long term, innovative transportation solutions like short
sea shipping can promote the sustainability of port business.
    "Short sea shipping is something that won't just happen on its own, and
so the government's leadership and involvement, and the participation of the
municipal government and private sector partners are critical in helping to
create successful examples that will demonstrate that this concept works,"
added Houston.

    Port Metro Vancouver is Canada's largest and most diversified port,
trading more than $53 billion in goods with more than 100 trading economies
annually. Port activities generate 69,000 jobs across Canada with $4 billion
in Gross Domestic Product and $8.9 billion in economic output.





For further information:

For further information: Anne McMullin, Director, Corporate
Communications & Public Affairs, Port Metro Vancouver, Telephone: (604)
665-9069, Cellular: (778) 231-6978, Email:
anne.mcmullin@portmetrovancouver.com

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Port Metro Vancouver

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