|A growing Port footprint is moving forward despite a challenging|
year for some of the PRPA stakeholders in 2021
(Photo from PRPA website)
There were no shortage of challenges to take on when it comes to the global shipping industry through the last twelve months and data released by the Prince Rupert Port Authority today, highlights just how connected the community is now to the global economy and the headwinds that come along to shape the movement of goods.
The PRPA released its annual review of cargo volume today, noting of 25 million tonnes of product and goods moving through the Prince Rupert Gateway in 2021.
A number which represents a 23 year decrease in year to year volumes between 2020 and 2021, a situation which the Port noted as uncharacteristic for the ports operations, noting of the choppy waters of 2021 for the global shipping industry and observing that with new capacity on stream the operations in Prince Rupert will bring confidence through 2022.
“With global supply chains experiencing unprecedented challenges and volatility, the Port of Prince Rupert remains proud to have been a leader in efficiency and fluidity on the West Coast and we hope to continue to offer an uncongested port of call for trans-Pacific trade as a key strategic gateway for Canada,.
However, the decline in volumes reflects that our terminals and partners are in an extremely dynamic and competitive market, and emphasizes the importance of our work to position the Port of Prince Rupert for targetted growth in capacity and further diversification of our cargoes.” -- Shaun Stevenson, President and CEO, Prince Rupert Port Authority.
|The final totals for 2021 show a decline in cargo through the terminals|
of the Prince Rupert Port Authority
The Port’s 25,014,134 tonnes in total volume included a record year afor AltaGas’ Ridley Island Propane Export Terminal with 1,493,876 tonnes handled and the addition of Pembina’s Watson Island LPG Bulk Terminal coming online with 370,525 tonnes exported.
“Given the year that we’ve all experienced in the province of BC with the impacts of extreme weather events, supply chain congestion, and economic uncertainty as a result of the COVID-19 pandemic and its effects, 2021 served to underscore the necessity for additional investment and diversification in the Prince Rupert Gateway to offset trade pattern volatility and shore up the economy against any future supply chain disruptions on North America’s West Coast.