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Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s):  WTSHF

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 20 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.


TSX:WTE - Post by User

Post by SHUMBAon Jan 03, 2014 8:15pm
209 Views
Post# 22057778

DANISH SHIP SAILS THE ARCTIC ROUTE WITH COAL

DANISH SHIP SAILS THE ARCTIC ROUTE WITH COALI read a good article today about a Danish freighter that is able to haul coal from Canada's west coast to Scandinavian countires via the arctic route.  This saves a lot of time at sea and hence approx $200,000.  Does anyone know if the coal was loaded by Westshore??  I'm going to assume that it was.  Looking forward, if enough ships capable of traversing the arctic route are built, then this will lead to vast volumes of coal to be loaded by Westshore.
JMHO.........Best.............SHUMBA


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