Port of Vancouver cargo
totalled 72.8mn tonnes in 2001, down only 5% from the previous
year's record tonnage, according to figures released recently
by the Vancouver Port Authority (VPA).
"Everyone at Canada's
largest port has worked very hard to meet recent challenges, and
we are proud that our gateway is viewed by the world's largest
shipping lines as an efficient place to do business," said
David Stowe, Chairman, Vancouver Port Authority.
numbers, in particular, reflect continued consumer demand in Canada
and have helped to offset recent losses in other port business
sectors," said Stowe. Total container traffic decreased 1
per cent to 1.15mn TEU. Total inbound TEUs grew 1% to 551,195
TEUs. However, full import container traffic grew a healthy 7%
to 494,229 TEUs. The Port of Vancouver continued to increase its
market share throughout 2001 and ranks number one in the Pacific
Northwest and number 3 on the North American West Coast for full
foreign containers. Total export TEUs, meanwhile, dipped 4% to
595,382 with full exports decreasing 2% to 539,896 TEUs. Continued
soft demand in Asia accounted for the decline.
"The Port of Vancouver
continues to be buoyant in the face of current market uncertainties
and, in turn, will continue to drive significant economic benefits
for the city, region and country in the form of jobs, taxes and
other revenue," said Captain Gordon Houston, President and
CEO, Vancouver Port Authority. "Competitiveness is what our
business is built upon, and in 2002 we will sharpen our edge with
improved facilities and services."
Total forest products
shipments declined 13% to 7.2mn tonnes due to weak Asian demand.
Shipments of lumber closed down 14% to 1.8mn tonnes. Wood pulp
volumes staged a comeback in the second half of the year, ending
with a 3% decline to 3.6mn tonnes, recovering slightly from midyear.
In the dry bulk sector, total dry bulk shipments declined 6% to
52.9mn tonnes. Shipments of coal, the port's single largest commodity,
were down 1% from last years solid performance to 27.2mn tonnes.
and demand coupled with efforts by the coal industry to diversify
selling to Europe and South America sustained shipments this year,"
Total shipments of
grain, meanwhile, were off 10% with 11.6mn tonnes shipped. Wheat
saw a decline of 14% to 7.3mn tonnes due to a poor harvest and
low prices. Shipments of canola grew 1% to 3.4mn tonnes. Liquid
bulk gained 1% with 6.3mn tonnes shipped. Petroleum shipments
saw a gain of 15% with 3.6mn tonnes shipped. However, total chemical
volumes were down 11% with 2.3mn tonnes shipped.
Last year was the 19th
consecutive season of growth in the cruise industry. In 2001,
there were 331 sailings and a record 1,060,383 revenue passengers,
a 1% increase over 2000.
The Port of Vancouver
is Canada's largest and most diversified port, trading more than
$29bn in goods with more than 90 nations. Port activities generate
62,000 jobs in total with $1.6bn in Gross Domestic Product and
$3.5bn in economic.