Prince Rupert Port Authority says the pandemic still is a concern to cargo shipments despite strong numbers.

Divya Gill
06/12/2020

Despite the challenging economic situation created by the COVID-19 pandemic, CEO and President of the Port of Prince Rupert Shaun Stevenson says the port numbers released earlier this week are strong with all things considered. 

The concern now is both the long term and short term effects this is going to have on the Port.

"Is it potential catalyst for  an economic recession that might dampen our future outlook for growth in the near term"

Stevenson says with total volumes being up 9% year to date, even with certain segments being down, This shows resilience of the gateway  now that they have continue to diversify what they are doing. 

"Our bulk sectors have been doing really well  in prince Rupert. Volumes through Ridley Terminal and Pannacle  Pellet  are either record or near record  for the month I  think it shows you the  power of diversification  as it relates to the port complex  but also Canadian Trade in the Pacific Rim."

Stevenson added they have a compelling and strategic advantage in the Pacific Rim and they are mindful of the trade between Asia and North America. He said they are well positioned to take advantage on the opportunity for growth and trade. 

"We spend time in Vietnam last fall in building connections in consideration  of that trade."

He believes over the next few months the port will have a better sense of the economic outlook and the role Prince Rupert will play. 

fairview-terminal-(1).jpg

Use of this Website assumes acceptance of Terms & Conditions and Privacy Policy
© 2020     All rights reserved
2018 Bell Media