2020 will be remembered as a year of unprecedented uncertainty and challenge to the Prince Rupert Port Authority (PRPA), its staff and stakeholders, the transportation sector and supply chains, and the world at large. Despite the impacts of COVID-19, year-end results illustrate the Port of Prince Rupert’s resiliency, reliability, and competitiveness as a global trade gateway. The Port set another record for annual cargo volumes with 32.4 million tonnes of cargo moved through the Port of Prince Rupert in 2020, nine percent more than in 2019.
Essential port operations also provided important economic stability for the region through the year while ensuring essential goods made it to market and supply chains through the gateway continued, unimpeded.
The obstacles presented by the pandemic have not hindered progress on several key projects aimed at sustainably growing and diversifying the Port complex. Construction crews are nearing completion of the Fairview-Ridley Connector Corridor, a 5-kilometre private haul road that will reroute container trucks away from city streets and significantly reduce truck emissions; DP World gained regulatory approval for the southern expansion of Fairview Container Terminal that will support a future capacity of 1.8 million TEUs; Vopak Canada significantly advanced its proposed new liquid bulk storage and export facility on Ridley Island, setting expectations for a final investment decision in late 2021; and the environmental assessment process began for the proposed Ridley Island Export Logistics Platform, a project that will support large-scale transloading, maximizing value to Canadian exporters.
PRPA continues to advance the development of critical infrastructure and expansion projects that support the resilience of the gateway operations, and the growth and diversification of cargo handling capabilities and capacities at the Port of Prince Rupert. By expanding trade enabling infrastructure, we will not only support our local economy, but will be poised to offer Canadian industries a competitive edge as the global economy rebounds from the effects of the pandemic.
Our partners, employees, and stakeholders all want to know we can deliver critical services and economic benefits, while maintaining environmental and social balance. Striking that balance is a critical priority for the board and management. We are confident that PRPA, and its successful track record of building a better Canada by growing global trade, will continue to be Canada’s leading edge.
As always, we would also like to thank PRPA’s team of dedicated staff, the people behind our thoughtful innovation and track record of success.