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Yo_Mama_Been_Loggin

(107,972 posts)
Wed Jul 4, 2018, 05:14 PM Jul 2018

By export value, Everett's 'quiet' port surpasses Seattle's

EVERETT — The Port of Everett might not be a heavy-lifter. It ranks third in tonnage per year — behind the Port of Seattle and the Port of Tacoma.But when ranked by export value, it’s a major force in Puget Sound shipping.

The Port of Everett’s seaport processed $29 billion worth of exports in 2016. The Port of Seattle processed $22 billion worth that same year.

Those dollar figures are eye-opening for some local folks.

“It’s awfully quiet for being that busy,” said Everett resident Lee Schaefer. “It never seems busy and we’re just a few blocks from there.”

The Port of Everett is celebrating its 100th birthday this month. It’s modernly diverse, with a major marina and lots of waterfront real estate. But the heart of the enterprise still is the natural deep-water seaport just south of the giant white concrete dome that punctuates Everett’s waterfront.

As part of the working waterfront, the seaport serves ships from all over the world, including Japan, Russia, China and Australia, and it specializes in high-value, oversized cargo such as aerospace components, windmill turbines and blades and military equipment.

That includes all the ocean-shipped parts for the Boeing 747, 767 and 777 production lines at Paine Field.

For the past decade, the seaport has contributed the whale’s share of revenue — 65 percent — derived from the Port of Everett’s three business segments: shipping, the marina and waterside real estate.

“It’s the port’s backbone — the financial engine that drives development of the recreational waterfront,” port spokeswoman Catherine Soper said of the seaport.

https://www.heraldnet.com/business/by-export-value-everetts-quiet-port-surpasses-seattles/?utm_source=DAILY+HERALD&utm_campaign=4c66731077-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_d81d073bb4-4c66731077-228635337

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