2015 Annual Report

Our Vision

A Diversified Trade Gateway

The strongest ports are those that can handle a variety of cargoes, helping them balance the ups and downs of world markets. At the Port of Prince Rupert, cargo diversification is an essential part of our strategy. Throughout 2015, the port built new relationships and prepared to enhance the capabilities of its existing terminals. We took steps to increase trade through the gateway while practicing stewardship over one of the world's most pristine harbours. And we developed innovative ways to support Canada's trading economy while benefitting the communities where we do business. Ready to explore our picture of success? Watch this introduction to the Port of Prince Rupert.

Natural Connections

The Prince Rupert Advantage

Prince Rupert has an outsized impact on global trade for a community of 12,000 people. The reasons start with the harbor’s geography. For connecting North America to the Asia Pacific, no other port can match Prince Rupert’s natural advantages.

Building on those advantages, the Port of Prince Rupert and its partners have created a track record of excellence in Trade, Community Impact, Safety, and Sustainability.

Trade

Building Economic Prosperity

Natural attributes paired with industry-leading efficiency have translated into years of solid performance for Prince Rupert—and the promise for much more in the years to come.

Year in Numbers
0 % increase in containerized cargo (TEUs)
0 K added tonnes of biofuel exports
0 % decline in annual coal volumes
0 % rise in canola seed exports
0 % rise in log exports and project cargo imports
Trade Stories
Performance

Our portfolio of terminals handles a variety of cargo, each of which is affected by its own market cycle. Through continued investment in trade infrastructure, the Port of Prince Rupert enables an even greater array of commodities to flow in and out of Canada. This ensures we can remain stable—even grow—year to year, particularly when individual terminals have down years, as the Ridley Coal Terminal did in 2014.

Safety

Operational Excellence

A coordinated effort between the Port of Prince Rupert and its many partners exerts positive control over every vessel, ensuring round-the-clock safeguards. The result has been the evolution of a global reputation for navigational safety. As the number of vessels potentially doubles over the next decade, maintaining that reputation continues to be a top priority.

Year In Numbers
0 vessel calls by 272 unique vessels
0 vessel movements by licensed BC Coast Pilots
$ 0 M invested in new shore-based radar system to improve navigational safety
$ 0 K invested in new navigational aid, developed in partnership with Canadian Coast Guard
0 tide and current monitoring sites established to provide mariners with real-time data
Stories

Our practices and procedures keep vessels moving safely and goods flowing securely. Working closely with a variety of partners, the Port of Prince Rupert exerts positive control over the harbour and ensures round-the-clock safeguards.

Environment

Our commitment to safety extends beyond the secure movement of vessels and cargoes. We recognize our role in preserving the beauty and integrity of our environment, and our operations demonstrate respect – for the environment, our neighbours and future generations.

Sustainability

Responsible Growth

One trade we’ll never make: exchanging our future for short-term gain. Our current success is rooted in decades of ambitious yet practical planning, and reflected in the careful consideration we apply to every project and program we activate. The result is a growing gateway that supports an extensive workforce, abundant opportunities and a robust regime of environmental safeguards. 

Growth Impact
0 direct jobs
$ 0 M in wages
$ 0 M in GDP
$ 0 M in taxes
0 % average wage increase in port-related jobs since 2009
0 potential new permanent jobs associated with planned port development
0 person years of employment related to construction of proposed projects
Pragmatic Development

The Port of Prince Rupert emphasizes long-term planning, integrating activities and proactive partnerships. As we prepare for new terminal developments and growth in vessel traffic, ensuring a balance between industry and environment is a key measure of our success.  

Future Projects

The Port’s growth vision and accompanying strategy ensures the needs of port tenants, future trade opportunities and regional economic development goals are coordinated and balanced. The result is a slate of well-planned, integrated and diversified development proposals that anchor Prince Rupert’s future as a gateway for trade.

Community

Local Investments

The success of our trade gateway results in continuous improvements to the health and cohesion of northwest British Columbia. We take pride in ensuring our operations reflect local values and that a significant portion of our resources are allocated back into our communities. To achieve this we have created programs and initiatives that keep residents informed and provide funding to local improvement projects that contribute to longterm community vitality.  

Local Impact
$ 0 M contributed to the Community Investment Fund since 2009
$ 0 M allocated to 8 projects in 2015
0 projects enabled through the Community Investment Fund since its inception
0 visitors to the Port Interpretive Centre/Visitor Centre
0 local classrooms engaged through Learning Gateway initiative
Stories

Local community development is an imperative for us. The people of Prince Rupert and its neighbouring communities are what make our operations possible, and are invaluable partners in our efforts to keep this region healthy and sustainable future generations. Over the last six years, we’ve helped enable more than 40 local improvement projects that enhance the quality of life on BC’s North Coast: arts organizations, civic projects, recreational clubs, education initiatives, and more.

Financials

Employing Fiscal Integrity

Sound financial management drives the responsible stewardship of our resources. Each year, the Port of Prince Rupert releases its financial statements. The bottom line? These figures detail our organization’s committment to the sensible and effective use of our assets, year after year.

Highlights
$ 0 Total Revenue
$ 0 Expenses
$ 0 Net Income
$ 0 Total Assets
$ 0 Capital Expenditures
Financials
Bright Future

Vigorous Trade.
Thriving communities.
Sustainable Growth.

These are the conditions we’re fighting to create as we steward the incredible natural resource that is the Port of Prince Rupert. Thank you to our local communities, our shippers, supply chain partners, terminal operators, service contractors, and everyone else who made 2015 a success in each of those categories. A special thank you to the women and men on the water, in the terminals, and on the trains and trucks that are moving Canada’s trade through the Port of Prince Rupert.

Downloads

Print Annual Report (PDF) Download

Financial Statements (PDF) Download

Explore in-depth at rupertport.com