News of Port of Vancouver,reaching record mid-year volumes

The Vancouver Fraser Port Authority today released the 2018 mid-year statistics for goods moving through the Port of Vancouver. Overall cargo through the port increased 4.4 per cent to 72.1 million metric tonnes (MMT) over the same time last year to reach record mid-year volumes.

“This year’s record mid-year results for cargo movement show balanced, steady growth across most business sectors, demonstrating the increasing strength of the Canadian economy and the Port of Vancouver’s ability to handle Canada’s growing trade with Asia, despite general trade uncertainty,” said Robin Silvester, president and chief executive officer at the Vancouver Fraser Port Authority. “The Port of Vancouver’s ability to accommodate the most diversified range of cargo of any port in North America continues to be one of our greatest strengths and is a key factor that will enable us to continue to grow to meet Canada’s future trade objectives.”

Container volumes (measured in 20-foot equivalents or TEUs) increased by five per cent compared to mid-year 2017 to a record 1.64 million TEUs as a result of the growing demand for Canadian resources and products, and the increasing Canadian demand for consumer and manufacturing goods from Asia.



“Shippers continue to have confidence in the ability of the terminals, rail and shipping lines, truckers and other supply chain participants to handle the growing demand for goods shipped in containers,” said Silvester.

However, forecasts show that Canadian West Coast container ports will be full by the mid-2020s, so the port authority is working to create new capacity. “We are partnering with our existing container terminals to expand and improve their operations,” said Silvester, “but even with these improvements, further capacity will be required, highlighting the need for the Roberts Bank Terminal 2 project, a proposed new three-berth container terminal that would provide the space needed to meet forecasted demand for trade of goods in containers.”


......

Learn more:
http://sowoll.com/en/dnewsdetail/876.html 

评论

此博客中的热门博文

PORT OF OAKLAND CONTINUOUSLY TWICE BREAK RECORD

LONG BEACH PORT IS CLOSE TO BE AT A STANDSTILL

RIYADH AIRPORT OWNS ITS LOGISTICS ZONE