Recognition: PortMiami, Metro Vancouver

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PortMiami has been recognized for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its 2013 Comprehensive Annual Financial Report. Port Metro Vancouver’s Container Vessel On-Time Performance Incentive Program took home the CIFFA Forwarders Celebrating Associates award for Excellence in Innovation.

PortMiami recognized for Excellence in Financial Reporting

The Government Finance Officers Association of the United States and Canada (GFOA) has recognized PortMiami for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended September 30, 2013.

The Certificate of Achievement is the highest form of recognition in the area of government accounting and financial reporting, and its attainment represents a significant accomplishment by government and management. The award was presented to PortMiami Director Juan M. Kuryla, PPM®, on the port’s behalf.

"This award recognizes our efforts at creating transparency throughout government by increasing the level of disclosure and openness to taxpayers and others," said Miami-Dade County Mayor Carlos A. Gimenez. "It’s my pleasure to congratulate the team at PortMiami on this important honor."

PortMiami’s CAFR is a compilation of all port related financial facts and figures for the fiscal year. It was judged by an impartial panel and chosen for its ability to meet the high standards of the program, including demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users to read the CAFR.

Port Metro Vancouver’s Container Vessel On-Time Performance Incentive Program Recognized for Excellence in Innovation 

Port Metro Vancouver’s Container Vessel On-Time Performance Incentive Program took home the CIFFA Forwarders Celebrating Associates award for Excellence in Innovation. This year’s awards focused on industry’s contribution to the marine community.

Through a combination of transparency reporting and wharfage reductions, Port Metro Vancouver’s Container Vessel On Time Performance Incentive Program recognizes container vessel operators that arrive within 8 hours of their berth window start, thereby contributing to overall supply chain consistency. In 2013, the program resulted in a ten percentage point increase in vessel on-time performance on aggregate across the Gateway.

"The noticeable increase in operational efficiency speaks to the success of the program and the willingness of our carriers to cooperate with other supply chain partners and service providers," said Peter Xotta, vice president, planning and operations, Port Metro Vancouver. "We appreciate the support of our container line customers for their commitment to on-time performance. This award belongs to all of us."

In 2013, five shipping lines achieved an on-time performance of more than 85 per cent of their annual vessel calls: APL, CMA CGM, Maersk Line, Mitsui OSK Line and OOCL. The Vessel On-Time program paid out C$2.8 million in wharfage reductions to 10 qualifying carriers in 2013.