- About us
- IBJ Awards
- Free Sample
- Contact us
Record tonnage at Vancouver USA
(Posted on 02/04/19)
The Port of Vancouver USA has logged record-breaking cargo tonnage for the fifth year in a row, with 2018 coming in at 8.1 million metric tons. This marks an 8.3 percent increase over last year’s record of 7.5 million metric tons.
The port is primarily a bulk import and export facility with dedicated facilities for specific commodities, such as grain, soy beans, corn, mineral ores, concentrates, fertilizers, clays, bauxite and agricultural commodities. Other bulk commodities are handled on a case-by-case basis.
“By continuing to invest in critical infrastructure and diversifying our portfolio of cargoes and customers, we were able to deliver another record year during a time of significant uncertainty in global trade,” said port CEO Julianna Marler. “It’s a testament to the hard work of our staff, customers and labor partners, whose daily efforts keep cargoes moving and lend vitality and stability to our local and regional economies.”
Total imports increased by 6.2 percent, climbing from 1.24 million metric tons in 2017 to a record-breaking 1.32 million metric tons in 2018. Steel commodities continue to be the largest imports at the Port of Vancouver by volume, and in 2018 the port moved 830,912 metric tons – an increase of 16.6 percent. Subaru also had another record-breaking year by importing 91,544 vehicles – 4.1 percent more than the previous year.
Overall exports increased by 8.7 percent in 2018, with strong gains in several commodities. Corn exports climbed an impressive 61.3 percent and copper concentrate increased by 40.7 percent, thanks to continued strong demand in Asia.
Fluctuations in currency and the global economy had an impact in 2018, but the port’s continued tonnage growth contributed to an increase in operating revenue from $36 million to $38 million in 2018.
The port expects to see continued growth in autos, steel, minerals, wind energy components and grain in 2019.
The Port of Vancouver USA is one of the major ports on the Pacific Coast, and its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a skilled labour force and an exceptional level of service to its customers and community.
CP sets date for combination with KCS(Posted on 28/03/23)
Canadian Pacific has said that, on 14 April, 2023, it will exercise the authority granted by the U.S... Read more
Historic results, outstanding performance and innovations for Logistec(Posted on 24/03/23)
LOGISTEC Corporation, a leading marine and environmental services provider, has announced its financial... Read more
65th Navigation Season opens on the St. Lawrence Seaway(Posted on 24/03/23)
Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC), and Adam... Read more
AD Ports to develop Safaga Port and cement terminals in Egypt(Posted on 20/03/23)
Abu Dhabi based AD Ports Group, the leading facilitator of global trade, logistics, and industry, has... Read more
Grain handling expansion at Immingham(Posted on 20/03/23)
Grain handling at the Port of Immingham is increasing thanks to the new opportunities presented by investment... Read more
Marcor Stevedoring closes contract on new LHM 800(Posted on 07/03/23)
Marcor Stevedoring has signed a contract adding Liebherr’s largest and most powerful mobile harbour... Read more
AD Ports enters Uzbekistan logistics market via JV(Posted on 07/03/23)
AD Ports Group, an Abu Dhabi based leading facilitator of global trade, logistics, and industry, and... Read more
Logistec to expand North American network with FMT acquisition(Posted on 02/03/23)
LOGISTEC Stevedoring Inc., a subsidiary of LOGISTEC Corporation, a leading North American marine and... Read more
Bulk recovering as Bilbao launches improvement projects(Posted on 28/02/23)
End-of-year figures for total traffic in the Spanish Port of Bilbao stand at 32.7 million tonnes, up... Read more
Sept-Îles and Logistec reach important iron ore handling milestone(Posted on 24/02/23)
The Port of Sept-Îles and LOGISTEC Arrimage Inc. have announced that they have reached the impressive... Read more