Wednesday, January 18, 2023

Banner Year for the Port

 The three container ports in eastern Canada have published their statistics for the year 2022 and all are showing increases in container throughput.

The Port of Halifax exceeded 600,000 TEU for the first time.

The Port of Halifax can accommodate the largest ships now calling on the east coast of North America. This CMA CGM T. Roosevelt, with a 14,414 TEU capacity, arriving January 18, is typical of the larger ships (the largest are closer to 16,000 TEU). Investment in new cranes and other equipment in 2023 should see the Port remaining competitive.

The Port of Saint John, NB experienced a surge in traffic and exceeded 150,000 TEU - well in excess of previous years - thanks largely to a new interest in the Port by CP Rail. Terminal improvements and two more cranes (due in the next few days) may result in more growth in 2023.

The Port of Montreal has by far the largest container volume in eastern Canada with a 1,596,750 TEU throughput in 2022. A minimal increase of less than 1% over 2021, it is nevertheless an impressive number. Imports accounted for 794,444 TEU and exports for 802,305 TEU.

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