Diversification propels Prince Rupert Port

Despite a 4% decrease in total volume through the Canadian port, volumes of grains and biofuel remained strong, and coal throughput at Ridley Terminals began a steady recovery after several consecutive years of decline.

Don Krusel, president and CEO of the port, located in British Columbia and managed by Prince Rupert Port Authority, said: “The developments we saw across our port and its various lines of business in 2016 were remarkable, whether it was securing investments in new terminals, the introduction of new services or simply the growth of export cargo volumes.

“We saw similar results with the practices, procedures and programs we continue to evolve and improve to ensure we are well positioned for the safe and responsible growth we project over the coming decade.”

During the meeting at the North Coast Convention Centre in Prince Rupert, officials said that 2016 saw a record total revenue of $67m and total assets surpassing $237m.

In addition to highlighting the port’s expanding trade capacities and diversified growth strategy, the meeting also covered business development, community relations, environmental sustainability and marine operations functions.

The port’s digital annual report is available here.