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Friday, July 30, 2010

Port Of Saint John Sees Upswing In Amount Of Cargo Handled










(Saint John Cruise Ship Terminal)
              (File Photo)

The Port of Saint John calls it a sign of economic recovery from the downturn which began in late 2008 through last year.

Mid year reports indicate overall tonnage of 15.9 million metric tons of cargo being handled at the port which is up 17 per cent over the same period last year.

The Port Authority also expects 210 thousand cruise ship passengers this year. Cruise ships are now the second largest generator of revenue for the port.

There was a dramatic reduction in the tonnage of forest products that moved through the port which dropped from 110 thousand for the same time frame last year to only 39 thousand tons this year.