Coal, grain and potash lead exports, while container traffic reaches unprecedented volumes
VANCOUVER, Jan. 27 /CNW/ - Port Metro Vancouver has released its 2010
year-end results. In a busy year for Canada's Pacific Gateway, Port
Metro Vancouver achieved record-breaking volumes in key sectors and a
total tonnage increase of 16 per cent, delivering 118.4 million tonnes
overall on the year.
"2010 was an important and successful year at Port Metro Vancouver, with
unprecedented infrastructure investments underway, the implementation
of a unique model of collaboration among transportation and port
operations partners, and record setting volumes," said Robin Silvester,
President and Chief Executive Officer, Port Metro Vancouver. "Port
businesses have every reason to celebrate a hard-earned recovery that
The 2010 year-end report shows that container traffic set an all time
record in total containers handled. Overall export volumes were
further strengthened by record setting coal and grain volumes.
Total foreign tonnage increased 18 per cent, to 93.3 million tonnes,
with increased foreign exports to growing Asian economies continuing to
lead the way.
"As Canada's largest port, Port Metro Vancouver delivered results that
show the Asia-Pacific Gateway strategy is working for the Canadian
economy," said the Hon. Chuck Strahl, Minister of Transport,
Infrastructure and Communities. "Exports to the Asia-Pacific markets
continue to show great strength thanks to ongoing efforts of Port Metro
Vancouver, terminal operators, the trucking and rail industries, and
all levels of government."
Total domestic tonnage also increased, to 25.1 million tonnes, up 10 per cent over 2009.
"Congratulations to Port Metro Vancouver on its record breaking year,"
said Transportation and Infrastructure Minister Shirley Bond. "PMV's
year-end results show the success of Canada's Pacific Gateway as the
preferred gateway for trade between Asia, North America and the World.
The Provincial and Federal governments as well as our private sector
partners have committed $22 billion to Canada's Pacific Gateway
infrastructure across the supply chain and the benefits include more
trade and more jobs for British Columbians."
Signs of growth: Key Sectors
Auto volumes remained stable, shifting down slightly by one per cent to
381,609 units. The dip follows modest growth in the beginning of the
Breakbulk is up 15 per cent overall to 16.8 million tonnes, with a rebound in
demand for forest products as a key driver of growth.
Bulk volumes were up 19 per cent, setting a record at 80.3 million tonnes as
a result of sustained growth in Asian economies and strong demand for
Canadian commodities like coal, grain and potash. In 2010, coal rose 25
per cent and grain rose eight per cent to record-setting levels.
Container traffic at Port Metro Vancouver has set an all time record at 2.5
million TEUs*, up 17 per cent as demand for imported consumer goods
continued and container exports returned to Asia with forest products
and special crops.
Cruise voyage numbers experienced an anticipated decrease this year from 256
voyages in 2009, to 177 voyages in 2010. Port Metro Vancouver achieved
a reduced cruise carbon footprint with 44 shore power connections in
2010, the emissions equivalent of removing 770 cars from the road for a
*Twenty-foot equivalent unit containers
Port Metro Vancouver also made progress in other important areas, for
Sustainability — Port Metro Vancouver emissions reduction programs
received international acclaim, earning the Globe 2010 ecoFreight Award
for Sustainable Transportation. The Port has also been credited for
its Air Action Program, having been nominated for the International
Sustainable Shipping Award. Port Metro Vancouver improved incentives
for cleaner ships to call at the Port, and together with government and
industry brought shore power to Canada Place with 44 shore power
connections in 2010.
Collaboration — Port Metro Vancouver's first Collaboration Agreement
with CN has been a catalyst for CN's recent announcements of service
agreements with terminal operators. A similar agreement is being
negotiated with Canadian Pacific. These unique collaboration agreements
focus on reciprocal accountability and have contributed to improved
customer service in the Vancouver Gateway.
Capacity — Through the Gateway Infrastructure Program, in partnership
with the Government of Canada, Municipal governments, First Nations,
business and stakeholders, Port Metro Vancouver is involved in 17
separate land-side infrastructure projects underway to increase
capacity for the future. The $400 million Deltaport Third Berth
project, which opened in January 2010, increased container capacity at
Deltaport by 50%, and construction of the Lynn Creek/Brooksbank Rail
Underpass project began in July 2010.
Port Metro Vancouver trades $75 billion in goods annually with more than
160 trading economies, generating across Canada an estimated 129,500
jobs, $6.1 billion in wages, and $10.5 billion in GDP. For full
details or detailed statistics, please visit www.portmetrovancouver.com.
SOURCE Port Metro Vancouver
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