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Economic and dam related articles

Portland Cargo Numbers on the Rise

by Samantha Cacnio
Port World, January 31, 2011

The Port of Portland has announced it experienced the third best tonnage year in 2010 for marine cargo in the port's history, and totalled over 13.1 million tonnes.

The port said it experienced positive gains in every category. Approximately 575 ships called to the port last year, which represented a 15% increase.

Total tonnage went up 28% compared to 2009.

"Business has improved substantially, and we expect this wave of recovery to continue through the fiscal year," said Sam Ruda, director marine and industrial development. "Considering near term initiatives and strengthening cargo volumes, there are reasons for optimism."

According to the port, outlook for imports and exports improved with completion of the Columbia River channel improvement project in November 2010.

Exports of mineral bulks were up 68% to 5.3 million tonnes.

Bulk grain increased 11% to 4.7 million tonnes.

Containers were up 4% last year as the port welcomed new Terminal 6 customers, Westwood Shipping Lines.

Breakbulk imports posted the largest gains, up 146%. Imports of raw steel were also up during 2010.

Autos, including imports of Honda, Hyundai and Toyota vehicles, posted a 10% gain with 264,871 finished vehicles moving over the docks.

According to the port, its marine-related activities support an estimated 12,458 jobs, $921 million in total income and $776 million in business revenues.

Samantha Cacnio
Portland Cargo Numbers on the Rise
Port World, January 31, 2011

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