The Prince Rupert Port Authority (PRPA) announced another record year in volume. A grand total of 29.9 million tonnes of cargo moved through the Port of Prince Rupert in 2019 – 12% more than the 26.7 million tonnes handled the previous year and the highest total volume to date for the Port.
Supporting the overall positive trend was strong performance at DP World’s Fairview Container Terminal with over 1.2 million TEUs at an increase of 17% over 2018, the addition of propane volume through AltaGas’ Ridley Island Propane Export Terminal, and growth in coal handled at Ridley Terminal where cargo levels were up 18% over the previous year. Northland Cruise Terminal also saw a year-over-year increase in passenger volumes of 35%, totalling over 12,400 visitors to Prince Rupert through cruise travel.
Forecasted volumes for 2020 are expected to exceed those of 2019 and PRPA foresees a trend of record-breaking years to continue into this decade.
An anticipated $2 billion in capital expansion projects starting in 2020 will support further cargo growth, including DP World’s Fairview Terminal expansion project that will bring the terminal’s capacity up to 1.8 million TEUs by 2022; the Vopak Pacific Terminal project, which is currently undergoing its environmental assessment and expects to make a final investment decision in 2020; as well as Pembina’s Prince Rupert Export Terminal, which is currently under construction and anticipates being operational in late 2020.
Source: Prince Rupert Port Authority< Return