Hamilton Port Authority
| Hamilton Port Authority | |
|---|---|
| Location | |
| Country | Canada |
| Location | Hamilton, Ontario |
| Coordinates | 43°16′20″N 79°51′45″W / 43.2722°N 79.8624°W |
| Details | |
| Opened | 1912 |
| Size | 620 acres (250 ha) |
| President and CEO | Ian Hamilton |
| Statistics | |
| Annual cargo tonnage | 10.5 million metric tons (FY2014) |
| Annual revenue | CDN$21.3 million (FY 2014) |
| Net income | CDN$1.78 million (FY 2014) |
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Website www |
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The Hamilton Port Authority, created in 2001, replaced the Hamilton Harbour Commission. It derives its mandate from the Canada Marine Act, an act of Canada's federal Parliament. Hamilton is one of 19 Canadian ports that had port authorities created, because they were deemed essential to Canada's economic welfare.
The Port of Hamilton is the largest port in Ontario by tonnage, handling approximately 10 million tonnes of mixed cargo, and receiving approximately 650 vessels per year.
The Port of Hamilton is located in Hamilton Harbour, at the far western end of Lake Ontario, connected to the Great Lakes-St Lawrence Seaway shipping network. With multiple Seaway-depth berths, the Port of Hamilton can facilitate marine shipments throughout the Great Lakes, and international waters.
More than 620 acres of land is owned by the Hamilton Port Authority. This harbourfront land houses a variety of businesses, primarily related to logistics and transportation for key regional industries: steel, manufacturing, agri-food and construction materials.
A 2010 study by Martin and Associates revealed that cargo transiting the Port of Hamilton is connected to $6 billion in economic activity and 38,000 jobs in the province of Ontario.
In 2013 a controversy was triggered when no organization in Hamilton was available to fight a highly visible marine fire. According to CBC News, neither Hamilton Fire Services or Hamilton Police Service thought they had a mandate to fight marine fires. The port authority had once operated a tugboat with some firefighting ability, but that vessel was no longer operational.
The port authority's mandate includes managing valuable waterfront properties. According to the Hamilton Spectator, in October 2013 Bruce Wood, the President of the Port Authority, speculated that the recent announcement that US Steel would be closing its last steel mill in Hamilton represented an opportunity for the Port Authority to buy the 328 hectares (810 acres) site of that mill, which could then be made available for other industrial entreprises, who would then create new jobs there.
The Port Authority reported that the volume of cargo shipped through the port remained stable in 2013, with grain shipments up and shipment related to the steel industry down. The amount of cargo shipped by rail went up, while cargo shipped by water went down.
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Wikipedia