Port of Vancouver volume up last year despite pandemic, supply chain disruptions and flooding - Action News
Home WebMail Tuesday, November 26, 2024, 01:20 AM | Calgary | -16.1°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
British Columbia

Port of Vancouver volume up last year despite pandemic, supply chain disruptions and flooding

The country's largest port says record container and foreign bulk volumes helped maintain cargo volumes despite trade challenges in a year in which the cruise season was cancelled due to COVID-19.

Number of shipping containers passing through actually increased to a record high

On a river sits a cargo ship docked at a port with colorful storage boxes on the ship and on land. Red cranes are pulling cargo off the ship. In the water you can see small boats and other cargo vessels with small blue cranes. In the background you can see buildings at the base of some mountains.
The Port of Vancouver is pictured on March 4, 2020. (Ben Nelms/CBC)

The Vancouver Fraser Port Authority says cargo volumes increased one per cent to 146 million tonnes last year despite the pandemic, global supply chain challenges and extreme weather in B.C. at the end of the year.

The country's largest port says record container and foreign bulk volumes helped maintain cargo volumes despite trade challenges in a year in which the cruise season was cancelled due to COVID-19.

Grain volumes declined 13 per cent after eight straight record years due to drought in Western Canada in the second half of the year.

The number of shipping containers passing through the port increased six per cent to 3.7 million TEUs (20-foot equivalent units) in 2021, a record for the fifth year in a row.

Amid the increase in container trade were an elevated number of empty containers, putting pressure on Canadian exporters as containers were rushed back to Asia to accommodate strong consumer demand in North America.

Limited port space

The port is warning that serious supply-chain problems will occur in a few years because West Coast container terminals are expected to run out of capacity by the end of the decade.

"Vancouver's port community met challenge after challenge in 2021 sometimes working around the clock to keep the port connected to national supply chains and goods flowing for Canadians,'' stated Robin Silvester, president and CEO of the Vancouver Fraser Port Authority, the federal agency in charge of the Port of Vancouver.

General cargo increased 18 per cent with log volumes up 23 per cent, basic metals up 51 per cent and wood pulp down 10 per cent.

Bulk dry cargo increased one per cent with coal up 19 per cent, grain down 10 per cent, potash down 13 per cent and sulphur down 14 per cent.

Bulk liquid tonnage fell eightper cent due to a 30 per cent decrease in canola oil, a 12 per cent decrease in crude petroleum, and a 14 per cent decrease in chemicals.