• 2021 April 10 10:09

    Strong 2020 cargo volumes show resiliency of the Port of Vancouver and port industries during a challenging year

    The Vancouver Fraser Port Authority has announced the 2020 year-end statistics for goods moving through the Port of Vancouver. Overall, cargo through the port increased by 1% from 144.2 to 145.5 million metric tonnes (MMT) over the same time last year, with new annual records set for grain, potash, and container trade.

    “During what was most definitely a year that will be in the history books amid a myriad of challenges and global economic uncertainty, the value and resiliency of Canada’s largest port has certainly been showcased” said Robin Silvester, president and chief executive officer of the Vancouver Fraser Port Authority. “The determination and commitment of so many to keep the supply chain operating well, while safely managing the far-reaching impacts of the pandemic, were critical to Canadians and Canada’s economy, though some sectors, like cruise, were hard-hit last year.”

    For the fifth year in a row, global demand for Canadian grain resulted in a new annual record of 35.1 MMT of grain shipped both in bulk ships and containers, an increase of fully 24% or 6.8 MMT compared to the previous year. Increases in wheat, up 25%, canola, up 45%, and specialty crops, up 12%, contributed to the record. Fertilizer inputs were also up; potash exports increased by 11% from last year’s record and sulphur increased by 8%. Growth in total foreign exports resulted in a year-end record of 99.0 MMT, up 3%, due to the increases in grain and fertilizers, as well as petroleum cargos.

    Shipping container quantities, measured by 20-foot equivalents or TEUs, were a record 3.5 million TEUs, an increase of 2% compared to the previous year. The port authority recently updated its container forecasts, and expects continued growth in this sector.

    In response to growing international trade demand, the port authority is continuing to advance the critical infrastructure required to accommodate this growth through the port. Working with industry and government partners across the Lower Mainland, the port authority is leading the development of more than $1 billion worth of infrastructure projects, including two container terminal projects and a number of road and rail infrastructure projects.

    “Trade is continuing to grow and a core part of our role as a Canada Port Authority is to ensure the port infrastructure is there to handle what Canada wants to trade,” said Silvester. “By investing to build the necessary capacity to accommodate increasing trade growth, we are supporting all port users including farmers, businesses, and industry who rely on the port to move their goods efficiently and remain competitive. This is critical to the long-term economic viability of this gateway and of Canada.”

    Some cargo sector volumes declined as a result of challenges including impacts of the pandemic, railroad blockades, weather conditions, and terminal upgrades. Auto imports were down 18%, and export breakbulk forest products and coal, were down 14% and 15% from the previous year, respectively. With the cancellation of the cruise season, there were no cruise sailings in 2020.

    “The efficient movement of goods through the port during the challenging circumstances of this past year was only possible thanks to the dedicated efforts of marine carriers and pilots, longshore workers, terminal operators, railway workers, trucking companies and drivers, along with many others who make up the port community,” said Silvester. “We appreciate the work these groups, and all stakeholders and partners, including Indigenous Groups, labour and government, have done to keep the port open round the clock, day in and day out. They have helped keep Canadians across the country supplied with essential goods. It is the port community that is the driving factor in showcasing—and amplifying—the value that Canada’s largest port brings to this region, and to the country.”

    Backgrounder

    • Overall cargo (import and export) up 1%, an increase to 145.5 MMT compared to year-end 2019
    • Container quantities increased 2% to 3.5 million TEUs. Imports increased 7% to 1.9 million TEUs. Exports decreased 3% to 1.6 million TEUs.
    • Breakbulk cargo decreased 3% to 16.7 MMT. Woodpulp increased 8% compared to 2019, while basic metals decreased 12%.
    • Bulk dry cargo increased 1%. Coal volumes decreased 15% while grain volumes were up 28%, potash was up 11% and sulphur was up 8%.
    • Bulk liquid increased by 16% over year-end 2019 due to a 18% increase in petroleum products and a 16% increase in canola oil.
    • Cruise season was cancelled in 2020

    About the Vancouver Fraser Port Authority and the Port of Vancouver

    The Vancouver Fraser Port Authority is the federal agency responsible for the stewardship of the Port of Vancouver. Like all Canada Port Authorities, we are accountable to the federal minister of transport, and operate pursuant to the Canada Marine Act with a mandate to enable Canada’s trade through the Port of Vancouver, while protecting the environment and considering local communities. The port authority is structured as a non-share corporation, is financially self-sufficient and does not rely on tax dollars for operations. Our revenues come from port terminals and tenants who lease port lands, and from port users who pay various fees such as harbour dues. Profits are reinvested in port infrastructure. The port authority has control over the use of port land and water, which includes more than 16,000 hectares of water, over 1,500 hectares of land, and approximately 350 kilometres of shoreline. Located on the southwest coast of British Columbia in Canada, the Port of Vancouver extends from Roberts Bank and the Fraser River up to and including Burrard Inlet, bordering 16 municipalities and intersecting the traditional territories and treaty lands of several Coast Salish First Nations. The Port of Vancouver is Canada’s largest port, and the third largest in North America by tonnes of cargo. Enabling the trade of approximately $240 billion in goods with more than 170 countries, port activities sustain 115,300 jobs, $7 billion in wages, and $11.9 billion in GDP across Canada.




2021 May 8

10:12 Ports prepare for digital revolution: report examining connectivity at UK's economic gateways
08:49 FueLNG completes Singapore’s first ship-to-ship bunkering of an LNG-fuelled oil tanker

2021 May 7

17:18 HyTrucks consortium aims to have 300 hydrogen-powered trucks on the road in Belgium by 2025
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14:54 Sustainable solutions for shipping: Rolls-Royce launches the first mtu Marine Summit
14:08 LR innovates lifecycle approach in oil and gas subsurface software
12:43 Taranto Cruise Port welcomes its first cruise ship
11:09 Castor Maritime buys a Kamsarmax dry bulk carrier
10:38 LR certification for one of Europe’s biggest windfarms

2021 May 6

16:17 Puget LNG and GAC Bunker Fuels join forces to supply LNG marine fuel by barge from the Port of Tacoma
15:53 Bunker Weekly Outlook, Week 18, 2021
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14:41 Damen launches Crane Barge in Yichang
14:32 Uni-Tankers invests heavily in intelligent engine management
14:29 Port of Corpus Christi Authority and Stabilis Solutions partner to construct LNG fueling Infrastructure for marine vessels
13:19 Continued growth, high profit and additional share buy backs from A.P. Moller - Maersk in Q1 2021
12:09 Mammoet on the company’s focus on projects for the renewables sector
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10:57 Castor Maritime announces the en bloc acquisition of a tanke fleet consisting of 5 vessels

2021 May 5

15:33 Gibbs & Cox awarded $20M contract from Naval Surface Warfare Center, Philadelphia Division
14:18 Velesto Energy reports an incident with its rig VELESTO NAGA 7 at off the coast of Sarawak
13:41 Eastern Pacific Shipping and Rio Tinto enter charter for up to six dual-fuel LNG dry bulk carriers
12:48 New LNG bunkering barge from Titan LNG to supply Zeebrugge and English Channel regions
11:07 DNV awards AiP for new LNG fuel tank insulation with leak detection system

2021 May 4

17:24 SteelCoast’s growing momentum delivers gains
16:47 MPA announces full resumption of operations at the Port of Montreal and an end to the uncertainty
15:41 NAB strengthens long-term sustainability for Port of Newcastle landmark loan
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14:36 Tidal Channel into Bahia Grande closed until fall for $5M ecological restoration
13:47 USCG suspends response to overturned boat near Point Loma
12:38 BunkerMetric strengthens bunkering decision tool with wealth of Inchcape port call data
11:56 Government and business heads determine future of hydrogen at Ocean Now
11:04 Fednav welcomes the MV Arvik I - its newest icebreaking bulk carrier

2021 May 3

17:29 Total realizes France's first ship-to-containership LNG bunkering operation, after inaugural loading at Dunkirk LNG terminal
16:08 A-Navigation should be affordable and feasible for shipping companies – MARINET
15:36 IMO representatives consider Russian concept on a-Navigation convoy promising
15:18 Marlink Group closes the transaction on ITC Global
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13:48 A-Navigation will open up new opportunities for women involved in shipping activities
13:18 Carnival Breeze, Carnival Vista arrive in Galveston in advance of cruise rally at Port tomorrow
12:57 NTSB says maintenance error caused $2.2M marine accident with Canadian-flagged ship
12:43 Costa Cruises restarts from Savona with the flagship Costa Smeralda
12:07 Russia welcomes to benefit from its competences in Autonomous navigation safety
11:11 USCG searches for person in the water near Matagorda, Texas

2021 May 2

17:03 TNS Logistics relocates to Port of Brisbane
15:21 PSA Marine: Fueling connectivity with ONEHANDSHAKE™
14:18 Port Houston posts largest monthly container volume
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12:33 USCGC Hamilton conducts operations with Turkish navy
11:02 Port Canaveral first port in U.S. to support COVID-19 vaccinations for seafarers
10:53 Creek restoration partnership kicks off to improve waterway health
10:21 Port of San Diego to double shore power at cruise terminals
09:58 St. Tammany Corporation and Port NOLA sign MOU to attract manufacturing and distribution centers to the region

2021 May 1

16:18 CARGOES TOS+ (ZODIAC) completes “go-live” within 8 weeks at DP World Luanda terminal
15:12 GeTS Asia Pte Ltd receives SBR's Tech Award for Logistics
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