The Port of Vancouver’s (PoV) buoyant mid-year cargo numbers support recent optimistic shipping sector outlooks from some industry analysts.
Statistics released by the Vancouver Fraser Port Authority (VFPA) show overall cargo through the port up 4% to 69 million tonnes compared with the same time last year.
The increase was led by shipments of grain, up 12.9% over mid-year 2016, and containerized cargo, which was 9.6% higher to a record 1.6 million 20-foot equivalents (TEUs).
PoV’s mid-year story was mostly good news, but break-bulk cargo was down 1%, and cruise-ship passenger traffic dropped 6% compared with mid-year 2106.
