VANCOUVER TONNAGE HITS RECORD LEVELS

VANCOUVER, B.C. — Total tonnage through the Port Vancouver established a new record in 2000, according to the Vancouver Port Authority (VPA).

“It was a record-setting year overall for the Port with 76.5 million tonnes handled, representing a seven per cent increase over 1999,” says Norman Stark, Vancouver Port Authority president and chief executive officer. “For virtually all sectors, that translated into strong, robust growth.”

He explains the Port Vancouver continues to rank first in the Pacific Northwest for the number of foreign laden TEUs (20-foot equivalent units).

“Containerized trade through the port continued to climb to new heights with 1,163,178 TEUs, a nine per cent increase over last year’s outstanding numbers,” says Stark. “A combination of a favorable currency, strong demand for Asian goods coupled with Vancouver’s status as a first port of call and new lines calling at the Port all helped to fuel growth on the import side.”

Total inbound TEUs grew six per cent to 543,851 TEUs. Meanwhile, outbound traffic jumped 11 per cent to 619,327 TEUs.

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