Port Saint John Held 21st Annual General Meeting
Saint John, N.B.- On May 31, 2021, Port Saint John came together virtually with industry partners and stakeholders for their second virtual annual general meeting, and twenty first annual meeting.Board Chair, Lisa Keenan and CEO, Jim Quinn shared details of the year’s successes and challenges with over 103 attendees from across the region and beyond.Overall cargo tonnage at Port Saint John for the year 2020 was 25,984,654 metric tonnes (MT), a 2% increase over 2019.In the container sector, both TEUs and tonnage experienced year-over-year increases in 2020, with TEUs increasing to 79,179 TEUs (15% over 2019) and tonnage increasing to 580,279 MT (19% over 2019). This is the third consecutive year of growth in the container sector at Port Saint John.In other cargo sectors, dry bulk cargoes increased from 649,272 MT to 854,243 MT in 2020, driven primarily by Saskatchewan-mined Nutrien potash which is exported by Canpotex from Saint John to South American markets from Barrack Point Potash Terminal. The break bulk sector, which represent only 0.01% of all cargoes at Port Saint John, is the only cargo sector which experienced a decrease dropping from 7,209 MT in 2019 to 2,935 MT in 2020.“The successes we enjoyed in 2020, in what was a challenging year for so many, are a direct result of the collaborative partnerships we have formed with our stakeholders and community, and the commitment of our dedicated workforce,” said Port CEO Jim Quinn.“The CEO also noted the West Side Modernization Project pier construction took place throughout 2020, simultaneous to the busiest year on record for DP World since their start of operations four years ago. This generational infrastructure modernization project, and complementary private sector investments, have positioned our Port and region for growth opportunities for years to come.You can find the annual report, and audited financial statements for the period ended December 31, 2021 here.
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About Port Saint John:Located in the southern part of the province of New Brunswick, Port Saint John is Atlantic Canada’s largest port by volume of cargo handled. A diverse cargo base consists of an average of 28 million metric tonnes of cargo annually, including dry and liquid bulks, break bulk, and containers. The geographic position of the port, its naturally hospitable people and historic attractions coupled with world-class tour operators, make Saint John an ideal Atlantic Canadian destination for attracting the world’s leading cruise lines to the Bay of Fundy.Media Contact: Paula Copeland, Director, Communications & Corporate Social Responsibility, 506.650.6288 pcopeland@sjport.com