The Port of Halifax, Nova Scotia, grew its container handling 3.3 percent year-over-year in the second quarter, as the strong Canadian dollar and difficult global economic conditions kept cargo gains “moderate,” the Halifax Port Authority said Thursday.
The port’s container handling grew to 109,250 twenty-foot equivalent units from 105,728 within the same period. The port handled more than 500,000 TEUS annually before 2007, and it had its first boost in annual container business in 2010, when it handled 435,461 TEUs.
Halifax runs at about one-third of capacity despite spending millions of dollars upgrading two competing container terminals.
The port’s handling of breakbulk cargo, including machinery, metals and forest products, rose 34.9 percent to 46,413 metric tons within the same period.
Halifax’s handling of bulk cargo, including oil imports and grain exports, jumped up 17.1 percent to 1.47 million metric tons in the second quarter compared to the same period last year.
The port’s total cargo handling increased 11.8 percent year-over-year in the second quarter.
In the first half of this year, Halifax increased its container handling by 3.5 percent to 212,329 TEUs compared to the same period a year ago.
Within the same period, breakbulk handling fell 4.5 percent to 66,805 tons, while bulk cargo handling rose 7.2 percent to 2.95 million tons.
The port’s handling in the first half of this year grew 5.6 percent to 4.85 million tons compared to the second half of 2010.