Close X
Saturday, November 30, 2024
ADVT 
National

Port of Prince Rupert optimistic about 2022

Darpan News Desk The Canadian Press, 18 Jan, 2022 03:06 PM
  • Port of Prince Rupert optimistic about 2022

PRINCE RUPERT, B.C. - Port officials in Prince Rupert, B.C., say 2021 was a difficult year as cargo volumes fell, but they are optimistic about a strong recovery.

The Prince Rupert Port Authority released its annual cargo volumes report Tuesday showing 25 million tonnes moved through the facility last year, a 23 per cent decrease in year-over-year total volume.

Pandemic- and weather-related supply chain disruptions, loss of a core coal customer, decreased shipments due to a poor crop year and a competitive West Coast market are all listed as reasons for the shortfall.

The statement from Shaun Stevenson, president and CEO of the port authority, says despite the upheavals, the port worked to streamline and accelerate the movement of containers while new expedited rail services to Toronto and Chicago will move cargo "at a record pace."

Stevenson says an inaugural shipment of liquefied petroleum gas also left the Watson Island terminal in April as several LPG facilities at the port were either commissioned or opened last year.

Other infrastructure projects in 2021 included the expansion of the Fairview Container Terminal and the addition of an eighth loading crane capable of servicing the largest vessels currently afloat.

The port's employers, industries and labour organizations also launched the Port of Prince Rupert Gateway Council, releasing an economic impact study showing Gateway operations in 2020 handled roughly $60 billion in trade and supported an estimated 3,700 direct jobs in northern B.C.

Effects of the pandemic, forest fires, floods and supply chain uncertainties all underscored the need for more investment and diversification in the Prince Rupert Gateway to offset future disruptions, Stevenson says in the release.

“By expanding, we hope to continue be a key economic driver in northern B.C. for the benefit of all and will be better positioned to offer Canadian industries supply chain security as the global economy rebounds from the effects of the pandemic,” he said.

 

MORE National ARTICLES

Cash may not shrink immigration backlogs: critics

Cash may not shrink immigration backlogs: critics
The government's fiscal update shows the government plans to put $85 million toward processing those permanent resident and temporary resident applications in 2022.

Cash may not shrink immigration backlogs: critics

Opioid crisis could worsen through 2022: modelling

Opioid crisis could worsen through 2022: modelling
In a statement released today, co-chairs Dr. Theresa Tam and Dr. Jennifer Russell said that the number of deaths and hospitalizations related to opioids remained high in the first half of 2021.

Opioid crisis could worsen through 2022: modelling

Some Tory and Liberal MPs want Bill 21 challenged

Some Tory and Liberal MPs want Bill 21 challenged
Federal parties and their MPs have spent the past week reacting to the law, known as Bill 21, which bans some public servants deemed to be in positions of authority, such as teachers, judges and police officers, from wearing religious symbols on the job.

Some Tory and Liberal MPs want Bill 21 challenged

BoC's Macklem vows clarity on inflation

BoC's Macklem vows clarity on inflation
Governor Tiff Macklem said the issue comes down to the trust Canadians have in the Bank of Canada to make sure the pace of price increases doesn’t run too high.

BoC's Macklem vows clarity on inflation

Avoid non-essential international travel: Ottawa

Avoid non-essential international travel: Ottawa
The federal government on Wednesday advised Canadians against non-essential international travel in an effort to protect against the Omicron variant, while Ontario and Quebec announced thousands of new COVID-19 infections.    

Avoid non-essential international travel: Ottawa

B.C. flood damage could worsen in spring: experts

B.C. flood damage could worsen in spring: experts
The engineers from the University of British Columbia shared their preliminary observations from November's floods today, with geotechnical engineer Jonathan Fannin warning that snowmelt in the spring could add pressure to already compromised dikes, highways and bridges.

B.C. flood damage could worsen in spring: experts