October 12, 2009

Canadian Sailings Magazine reported this month that repercussions from the global recession are now impacting the breakbulk industry, after a profitable first half. Valport, however, has continued to enjoy a strong year in 2009.

The following is an excerpt from the Canadian Sailings article:

“While many saw decreases in the double digits, Valport and the Port of Valleyfield have been able to hold their own,” Mr. Dunn said. “We’ve opened new offices that will allow project cargo customers the ability to parachute managers in to organize their cargo and stage projects for the next shipping opportunity.”

In addition, the company opened a new 4,500-square-metre food-grade climate-controlled warehouse, demolished its former offices and paved that area to create a new 4,000-square-metre lay-down site next to the dock. To increase its winter storage area, it also built a new addition to one of the older warehouses.

The port is also expanding in other areas. A steel fabricator erected a new building as well as an addition. “This fabricator is representative of the expansion of the facilities and services, such as millwrighting and steel fabrication, which Valport can tap into if the need arises,” Mr. Dunn said. Other tenants are growing their operations as well.

To read the full Canadian Sailings article online, please click here. The article will open in a new browser window.

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