Port Of Longview Revenue Increases Due To Wind Cargo

Posted by NAW Staff on February 26, 2009 No Comments
Categories : FYI

In a presentation to Port of Longview's board of commissioners, Executive Director Ken O'Hollaren reported 2008 as a record-setting year for the port, which is located in Washington state. Port officials attribute much of the revenue increase to continued wind energy cargo handling.

The Port of Longview recorded 1.3 million metric tons of total cargo handled last year, up 16% from 1.1 million metric tons in 2007. While 2008 import tonnages were down 26% for the year, the overall increase was spurred by a 29% increase in the export of bulk cargos, steel, logs and wind energy cargo.

In 2008, operating revenue reached approximately $23.5 million. Last year is the first time the Port has ever exceeded the $20 million dollar mark; the previous record was $19.80 million in 1999. Operating revenue was a reported 26% higher in 2008 than 2007's $18.66 million.

In 2008, the Port welcomed its Liebherr LHM500S mobile harbor crane to supplement the growing wind energy cargo handling operations, as well as attract additional heavy-lift cargos.

SOURCE: The Port of Longview

Leave a Comment