Canada: Port Metro Vancouver’s 2012 Results Show Continuous Growth

Canada’s largest and most diverse port has released its 2012 year-end results that show continuing growth, including new records in the container and bulk sectors. The year also marks the advancement of several capacity building infrastructure projects, new sustainability initiatives and extensive community engagement including participation in more than 600 community events.

The 2012 year-end statistics report shows that Port Metro Vancouver handled 124 million tonnes of cargo through the end of December, an increase of one per cent over 2011. The 2012 throughput volumes reflect growth in Asian economies and continuing strength in the Canadian economy.

“In order to best support Canada’s international and domestic trade, Port Metro Vancouver is seeking ways to engage with communities and improve the Port’s long-term sustainability,” said Robin Silvester, President and Chief Executive Officer, Port Metro Vancouver. “This Gateway must thrive so that we can continue to support the B.C. economy – but we must also grow in a way that balances the impacts of major projects with effects on local communities, delivering benefits for all residents in the Lower Mainland and for Canada, while serving the operational and capacity requirements of Port Metro Vancouver’s customers.”

Total foreign tonnage at Port Metro Vancouver posted a one per cent increase with 96.8 million tonnes.

“Port Metro Vancouver’s strong 2012 year-end growth is clear proof that the federal government’s continued strategic investments, such as the recent Deltaport Overpass Project, further enhances Canada’s Asia-Pacific Gateway as the gateway of choice between Asia and North America,” said the Honourable Ed Fast, Minister of International Trade, and Minister for the Asia-Pacific Gateway. “As we deepen Canada’s trade and investment ties in fast-growing, emerging Asia-Pacific markets, PMV’s competitive advantages and continued success are helping to create jobs, growth and long-term prosperity in British Columbia and every region across our country.”

Total domestic tonnage also increased by one per cent to 27.1 million tonnes.

“Port Metro Vancouver is a key part of the success of Canada’s Pacific Gateway, the preferred gateway to Asia for North American trade,” said Transportation and Infrastructure Minister Mary Polak. “It is a world class facility that offers shippers speed and efficiency, creates jobs for B.C. families and boosts our economy. Its continuing success is a sure sign that B.C.’s economic plan is on the right track.”

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Port Metro Vancouver, February 18, 2013