Port of Vancouver

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Port of Vancouver

Image:PortVancouverLogo.jpg
General information
Founded	Original shipment 1964
Coordinates  - Latitude  - Longitude	49°16'37" N 123°07'15" W
Area  - Coastline  - Land  - Water	247 kilometres 4.6 km² 60 km²
Major marine terminals	25
Vessel arrivals	2,677 (FY 2005)
Annual container volume	1.8 million TEUs (FY 2005)
Annual cargo tonnage	76.5 million metric revenue tons (FY 2005)
Value of cargo handled	$43 billion USD (CY 2004)
Cruise traffic	0.910 million passengers (FY 2005)
Gross Domestic Product (GDP)	$4.0 billion USD (FY 2004)
Jobs	69,200 (total) (FY 2004)
VPA Board of Directors
Chairman Vice chairman	George A. Adams John T. Willcox
Other board members	Greg S. Arason Marilyn Baker Kazuko Komatsu Kenneth L. Matchett Sarah A. Morgan-Silvester R.V. (Bob) Wilds
President and CEO	Captain Gordon Houston
Official Website

The Port of Vancouver is the largest port in Canada, the largest in the Pacific Northwest, and the largest port on the West Coast of North America by metric tons of total cargo with 76.5 million metric tons.^[1] In terms of container TEU traffic, the port ranks as the largest port in Canada, the largest in the Pacific Northwest, the fourth largest port on the West Coast of North America, and fifth largest in North America overall.^[2]

The Port of Vancouver trades $43 billion in goods with more than 90 trading economies annually. The Vancouver Port Authority is the corporation responsible for management of the port, which, in addition to the city of Vancouver, includes all of Burrard Inlet and Roberts Bank Superport in Delta.

Contents 1 Terminals 2 Economic impact 3 Statistics 4 Container terminal expansion 5 History 6 References and notes 7 External links

[edit] Terminals

The Port has 25 major marine terminals: three container, seventeen bulk cargo and five break bulk.

The Centerm container and break bulk terminals are leased by P&O Ports, which was acquired by Dubai Ports World in 2005.

[edit] Economic impact

The Port generates 30,100 direct jobs through its activities. Employment is generated by five sectors related to the Port: maritime cargo, cruise industry, capital investment in Port facilities, shipbuilding and repair, and non-maritime enterprises. Maritime cargo is the largest of the sectors, generating more than 21,000 direct jobs. The cruise sector is the next largest, generating almost 5,600 direct jobs. Factoring in the multiplier effects (including indirect jobs), the Port has a total employment impact of 69,200 jobs across all five sectors. The jobs created by the Port are on average 52% higher than the average wage in British Columbia.

The Port contributed $1.8 billion dollars in direct GDP and $4.1 billion dollars in direct economic output to the Canadian economy in 2004. When multiplier effects are taken into account, these figures increase to $4.0 billion in GDP and $8.9 billion in economic output. The Port's economic impact extends into Western Canada and beyond, with most of the exports shipped through the Port produced outside of Greater Vancouver, and many of the imports intended for markets outside of the Lower Mainland.

The Port is the home port for the Vancouver-Alaska cruise, which occurs annually from May to September, with more than 1-million revenue passengers on about 300 sailings passing through the Port's two cruise terminals: Canada Place and Ballantyne. In 2006 the Port will host 28 ships at its two cruise terminals.

[edit] Statistics

In 2006 the Port handled 79.4 million tonnes, up 4% from 2005's 76.5 million tonnes. In 2005 the Port handled 1.7 million total containers, 910,172 cruise passengers, and 105,246 foreign vessels.

In 2005 the Port's top import and export partner nations were:

China - 16,310 Japan - 15,574 South Korea - 7,145 United States - 3,647 Brazil - 3,101

Germany - 2,727 Taiwan - 2,594 Mexico - 1,742 India - 1,719 Italy - 1,638

[edit] Container terminal expansion

Studies indicate that container traffic on the West Coast of North America is expected to triple in the next 20 years.^[3][4][5][6] The Port of Vancouver has the opportunity to capture nearly 7-million TEUs (twenty-foot equivalent units) by 2020. In order to meet future requirements, the VPA has examined options to increase the port's container terminal capacity. In August 2002, the VPA announced the beginning of the process. The VPA is looking at a three-pronged approach to increasing container capacity at the Port of Vancouver:

• Efficiencies at existing terminals
• Expansion at existing terminals
• Building new facilities

However, the Port of Prince Rupert is also looking to capture the expected increase in container traffic. While both Vancouver and Prince Rupert have with direct rail lines to major destinations such as Chicago, the location of Prince Rupert has the logistical advantage of being closer to major Asian ports.

[edit] History

With the opening of the Panama Canal in 1914, Vancouver’s seaport was able to compete with the major international ports for global trade because it was positioned as an alternative route to Europe. During the 1920s, the provincial government successfully fought to have freight rates that discriminated against goods transported by rail through the mountains eliminated, giving the young lawyer of the case, future Vancouver Mayor and Canadian senator, Gerry McGeer, a reputation as “the man who flattened the Rockies.”^[7] Consequently, prairie wheat came west through Vancouver rather than being shipped out through eastern ports. The federal government established the Harbour Commission (forerunner to the Port Authority) in the early 1920s to oversee port development. With its completion in 1923, Ballantyne Pier was the most technologically advanced port in the British Empire.^[8] The CPR, lumber exporters, terminal operators, and other companies based on the waterfront banded together after the Great War to establish the Shipping Federation of British Columbia as an employers’ association to manage industrial relations on the increasingly busy waterfront.^[9] The Federation fought vociferously against unionization, defeating a series of strikes and breaking unions until the determined longshoremen established the current ILWU local after the Second World War.^[10] By the 1930s, commercial traffic through the port had become the largest sector in Vancouver’s economy.^[11]

[edit] References and notes

[edit] External links

• Official Port of Vancouver site
• Burrard Inlet
• Roberts Bankcs:Port of Vancouver

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