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Ports of Indiana shipments have been up 6% in 2022

marinesalvage by marinesalvage
February 18, 2024
in News
0
Port Jeffersonville is one of three ports operated by Ports of Indiana.
Port Jeffersonville is one of three ports operated by Ports of Indiana.

Port Jeffersonville is certainly one of three ports operated by Ports of Indiana.

Ports of Indiana dealt with 11.9 million tons of cargo in 2022, leading to a 6% enhance from 2021 and 42% greater than 2020. The year-end totals have been introduced on the Ports of Indiana’s usually scheduled first quarter fee assembly held in Jeffersonville. Ind. The fee additionally permitted greater than $20 million in growth and upkeep tasks, on the assembly.

During 2022, the Burns Harbor and Jeffersonville ports each set new data for complete annual shipments, and the general cargo quantity was the fourth highest in Ports of Indiana’s 61-year historical past.

Ports of Indiana names new CEO

“We’re excited to see the continued growth at our ports and this success is directly attributable to the world-class companies we partner with every day,” mentioned new Ports of Indiana CEO Jody Peacock. “Our industry is still recovering from the economic and supply chain challenges, but the continued growth in shipments is a very good sign, and the new business development opportunities we’re seeing indicate more growth is ahead. Our commissioners have shown tremendous vision and commitment to supporting growth of Indiana’s economy by approving more than $20 million in projects that will immediately expand Ports of Indiana’s capabilities and help our customers grow.”

Actions taken by the seven-member bipartisan fee included approval of a $13 million capital finances and as much as $15 million in further future investments associated to 3 federal grants. Major tasks embody new building of three delivery berths and a bulk warehouse at Burns Harbor, a brand new barge shuttle storage facility at Jeffersonville, in addition to a brand new dock winch system, truck scale and main upkeep tasks at Mount Vernon. The fee additionally introduced new dates for upcoming conferences on June 15 in Mount Vernon and Sept. 14 in Burns Harbor.

In 2022, Ports of Indiana-Burns Harbor dealt with 3.45 million tons on Lake Michigan, up 2% in comparison with 2021 and 52% greater than 2020. This is the second-consecutive 12 months the port reached its highest annual cargo complete because it started operation in 1970.

Bulk terminal operator Metro Ports helped the port deal with document volumes of foundry coke (up 210%) and minerals (up 33%). The port additionally set a document for metal cargoes (up 13%) supported by efforts from the International Longshoremen’s Association, International Union of Operating Engineers and Federal Marine Terminals.

On the Ohio River, Ports of Indiana-Jeffersonville dealt with 3.46 million tons, up 7.3% in comparison with 2021 and 30% greater than 2020. Jeffersonville reached its highest annual cargo complete because it started operation in 1985. Cargo will increase embody DDGs (up 69.6%), fertilizer (up 19.7%), minerals (up 14.7%), oils (up 10%) and metal (up 9.5%)

Also on the Ohio River, the Ports of Indiana-Mount Vernon dealt with 5.02 million tons, up 7.8% from 2021 and 42.8% greater than 2020. The port noticed will increase in vitality cargoes as coal elevated by 39% and ethanol by 3%.

Source of This New

Tags: Burns HarborJeffersonvilleJody PeacockMetro Portsports of indiana
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