Westshore Terminals Investment Corp (TSX:WTE)

Financial

Westshore Terminals Investment Corporation facilitates shipping of coal from producers to customers across Canada and the United States through its storage and terminal facilities.

It claims to provide safe, responsible, and efficient terminal services, shipping lanes and rail corridors.

The company has limited partnership (LP) interest in Westshore Terminals LP.

It is said to be one of Canada's busiest coal export terminals in that ships coals from mines located in Canada and the United States.

The company reportedly handles over 33 billion tons of coal annually, which forms a significant portion of export revenue for British Columbia and Canada.

The company has been operating at Vancouver’s Port Metro since 1970. It was incorporated in 2010.

Westshore forms an extensive coal supply chain that ships coal from mines to the railway corridors across North America.

The company's significant partners include:
• CN: Provides transportation services across North America
• BNSF Railway: It also operates an extensive railroad network across North America
• The Jim Pattison Group- It operates in Canada and the United States as a diversified holding company.

Other partners include Coal Association of Canada, Canadian Pacific and Coal Alliance.

The company moves metallurgical coal from deposits located in British Columbia and Alberta in Canada.

The company also moves coal from deposits in Powder River basin of the United States.

The coal is loaded on vessels from two deep-sea berths and shipped to markets across South America, Europe and Asia.

Westshore claims to be North America's premier coal mover that provides its services throughout the year.

It is reportedly investing C$ 275 million to replace old equipment, including berth one ship loader and three stacker reclaimers as well as building modern complex over the next five years.

The transportation company claims to be operating at the Roberts Bank for 45 years.

Westshore also claims to undertake sustainable operations that provide fast, reliable and efficient delivery through modern equipment.

The company claims to follow a sustainable approach through its green facilities, including:
• Two mobile air monitoring units
• 17 high Tower Sprays
• 94 Nelson Big Gun ground level water sprays

In addition, the Canadian firm claims to make use of weather predictions and its air quality monitoring units to quickly adjusts its dust management system for high wind conditions.


The company also intends to replace outdoor and indoor lighting with LED lights. In addition, the coal mover claims to recycle or reuse nearly 75 per cent of water consumed during the operations.

Contact Information

company address 1 Roberts Bank, Delta, BC, V4M4G5

company phone604 688-6764

company email[email protected]

company websitehttps://www.westshore.com

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