There is no easy answer to your question, which is why nobody has answered you. I waited to see who would be the first. Hopefully now, others will jump in.
There are different kinds of containers that Port is aged in. It truly is up to the individual producer or shipper to decide what works best for them. It also depends on whether you are asking about Vintage Port, Tawny Port, or a variety of LBV, Ruby Reserve etc. Each house chooses their own style of container. The majority choose oak though, due to the beauty of its tighter grain which Port makers prefer.
In the Douro, especially for their very basic Ports where fruit retention is of primary concern, some producers prefer the use of large stainless steel vats or cement tanks too (outdoors they are called "boobas" because they are shaped remarkably like a perfect breast and painted white), while others choose to use large wooden vats, while others still, utilize smaller oak casks (or "pipes") which also vary in size.
There used to be a differentiation between a Port pipe in the Douro which still runs about 550 liters from what I have seen just about everywhere. IF 100% full, these would yield close to 61 cases apiece. The reality is quite different, but I'll explain why in a few moments.
In Vila Nova de Gaia, where many of the big name Shippers, (Taylor, Sandeman, Graham, Niepoort, Dow, Croft, Cockburn's, Ramos Pinto etc.) which age Port wine in their ancient Lodges, there is a different kind of small oak cask which is called, "a Lodge pipe" and these contain 534 liters or about 59 cases with some holding as much as 600 liters or almost 67 cases. The smallest of these type of pipes, are just slightly smaller and they're not easy to discern from what is up in the Douro and in some lodges ... which use the 550 liter pipes. Confused yet? Well then, think of a "hogshead" pipe, which is about half the size of a Lodge pipe.
You can find the pipes or very large wooden vats with volumes that are in the thousands or tens of thousands of liters, right on up to the largest one I've ever seen which held 133,568 liters (Warre) the equivalent to 14.840 cases or 2.5 million glasses of Port. These are impressive to see or stand next to ... especially when looking at an entire room filled with these monsters that could take up almost as much space as half a (NFL) football field.
So, the differences in the types of wood can be great. Some companies use well-known French cooperage names like the legendary Alliers or Tronçais, the latter of which is known for having the very tightest grain, (especially for the Douro red wines!) and some like Quinta do Crasto have recently restocked their entire storage facility with French oak beauties. Others have Italian Chestnut barrels, while others use other woods that they've owned for decades.
The huge wooden vats I mentioned are "built in place" with VERY natural methods, including flour and water made into a paste to keep the thin reeds of wood in place, like more modern glue. Others use oak from the north of Portugal, while I have seen some that use Slovenian oak and barrels made from South American hardwoods like Brazillian Mahogany. Others use a smattering of American oak, but this I personally do not understand! Anyway, oak in most wines is a "seasoning" where in Port it is used as a neutral vessel, in most cases. In Tawny and Colheita production, the attention paid to the wood flavors and wood tannins is more of a concern because of the extended extraction due to longer contact ... sometimes for decades or even for a half century.
None of the best PORT (at least that I have ever seen) is made using new oak. The Shippers want NO influence of new oak in their top Ports so they store cheap ruby inside to "season" the casks and vats until they become neutral. So the "toast" level that you mention is a non-factor in Port wine, but important for Douro wines.
It is important to remember that the smaller the oak cask, the faster the Port develop faster due to the increased rate of evaporation. This is the reason why I mentioned above that the small Lodge pipe would not hold the full amount it could. A typical Shipper loses 2% of the wine to the "angel's share" better known as evaporation. This can be slightly controlled in places that are newly constructed and have ways of dealing with temperature and humidity issues. But in Gaia the typical loss is 2%, although this too is dependent on many factors. Those Lodges like Sandeman which are closer to the River, lose less to evaporation and have casks that mature just a tad less quickly than say a shipper that is up the hill a few blocks. Even the placement of the casks in a stack matters. The higher the cask, the more quickly it will mature.
But here we are heading into inexact science and pontificating does no good. I learn the most from the winemakers, blenders and oenologists that I trust the most. It is a fascinating topic and the cooperage business in Gaia is a dying art compared to what it once was. Yes, there are certainly some companies (as in Madeira too) that maintain a small staff of highly skilled artisan coopers, whose families have been in that trade, in some cases for centuries. They come in to build or remove the old and huge wooden vats, tanks and casks. But their main job is to repair them or deconstruct them nowadays. The glory years of the cooperage business in Gaia was about sixty years ago, (and earlier) when the larger casks (the extra-strong chestnut, was a preferred wood type for this purpose) were used to transport Port from the Quintas down to Gaia in the Barcos Rabellos.
Are you sorry you asked?
