Increase in wood pellet exports helped create 2020 spike in port’s cargo volume

Wood pellets helped to create a spike in cargo volume in 2020 at the port at Prince Rupert. Currently, it is Canada’s third largest port, but it expects to become No. 2 in the country within the next 10 years.

BIV reports the COVID-19 pandemic created opportunities in some sectors of the port, even among a number of challenges.

Exports of wood pellets from Pinnacle Renewable Energy’s Westview Terminal saw a 33 per cent increase.

Shaun Stevenson, the port authority’s president and CEO, said increased demand in Asia of energy and resources will likely continue to boost bulk cargo volume in 2021.

To read the full story, click here.