Currently, the authority is working to provide liquid natural gas supply to fuel ships at the port in the interim until fuels like green ammonia and hydrogen become the more viable option. Silvester also told the board of trade about the Clean Technology Initiative, a program in partnership with the provincial government to provide funding for trial and adoption of low- and zero-emission fuels and technologies at the port.
He highlighted two examples already being deployed: biodiesel ferry fuel and battery-electric powered terminal tractors. Silvester also discussed issues facing the port, such as limited industrial land for container storage as well as logistics and distribution centres. He touted the advancements in corridor infrastructure and data collection to avoid the heavy backlogs at ports seen around the world.Article content
As one of the biggest import and export gateways in North America, the Port of Vancouver has been at the forefront of supply-chain disruptions that have beleaguered the Canadian economy while stoking inflation. The consumer price index increased 4.7 per cent in October from a year earlier, matching the biggest increase since 1991, the year the Bank of Canada pledged to set interest rates to keep inflation at about two per cent.
“We have seen, all too clearly, how a surge of demand exceeding capacity can overwhelm a trade system,” Silvester said, particularly in reference to the need to expand container space. “That should give us serious pause for thought, here in Canada.”
No mention of the massive coal exports. I wonder why? 🤔
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