SeaNews Turkey - Port of Montreal marks record year up 4pc to 1.2 million TEU

Friday, 24.May.2013, 15:38 (GMT+3)

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Port of Montreal marks record year up 4pc to 1.2 million TEU

Port of Montreal marks record year up 4pc to 1.2 million TEU

THE Port on Montreal, the only east coast North American port to have an uptick on the November Global Port Tracker, reports a record year in 2011 with a four per cent increase in container volume year on year to 1.2 million TEU.
Monday, 09.Jan.2012, 23:19 (GMT+3)

THE Port on Montreal, the only east coast North American port to have an uptick on the November Global Port Tracker, reports a record year in 2011 with a four per cent increase in container volume year on year to 1.2 million TEU.

With container traffic representing 43 per cent of the port's activities, northern Europe for accounted for almost half, ahead of the Mediterranean, which accounted for about 18 per cent, reported The Canadian Press. Though much if this traffic originates in Asia as transshipments cargo from Med or Red Sea ports..

But the main driver of Montreal growth was a 30 per cent increase in bulk liquid - up to nine million tonnes last year - with hydrocarbons making up the main reason for the spike. Six million tonnes of dry bulk cargo passed through the port, up four per cent year on year.

Port of Montreal CEO Sylvie Vachon said that she is optimistic the port will fare significantly better in its fiscal 2011 results when released in the spring.

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