The Port of Vancouver USA is a critical economic engine for Southwest Washington – with 50 tenants employing 3,200 people and generating $2.9 billion a year in positive economic impact for the region. One of those tenants is Tesoro, which has operated a petroleum facility at the Port of Vancouver for the last 32 years. In a separate project, Tesoro is seeking to expand its operations at the Port with the proposed Vancouver Energy oil-by-rail terminal, in partnership with Savage Companies.
The Port of Vancouver’s tenants and customers move more than 6 million metric tons of goods each year, and the Port for more than 100 years has been an important developer of marine and industrial property for taxpayers in the region.
The Vancouver Energy terminal will be a key piece of the Port’s future as an economic engine for the region. The terminal will generate up to $2 billion in economic value for the region, $22 million in state and local taxes during construction and, once operational, $7.8 million in state and local taxes each year. In addition to contributing $44 million a year in revenues just to the Port. Over the life of the project, this would equate to nearly three-quarters of a billion dollars that could be used to invest in further economic development and advancement throughout the Port’s districts.
Pacific Maritime Magazine recently updated its readers on the Port of Vancouver’s exciting year.
Julianna Marler was appointed CEO/Executive Director of the Port of Vancouver USA in February after serving as interim CEO/Executive Director. Previously, she served as the port's CFO and Administrative Officer. Marler is the first female CEO in the port's 105-year history and one of just a handful of female port CEOs in the US.
One of her first tasks was to announce the port's 2016 record of 7.5 million metric tons of cargo across its docks from 410 ships calls – up from the 2015 record of 6.95 million tons. "In nine years at the Port of Vancouver, I've never seen tonnage like this," she said. "It's a testament to the investments we and our partners have made to provide world-class rail and marine services, access to efficient transportation and excellent customer service."
Grain continues to be the largest export at the Port of Vancouver by volume, and in 2016 these cargoes increased 17.8 percent over 2015. In addition, Subaru of America landed 87,600 vehicles.
The Vancouver Energy terminal would utilize the Port of Vancouver’s freight rail improvements, marine and industrial lands to build and operate a state-of-the art oil terminal. It also would help expand on the Port’s successes by adding hundreds of construction and operational jobs, and supply West Coast refineries with crude oil.