Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s): WTSHF

Industrials

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.

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Westshore Terminals Investment Corp

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Post by galvanizedon Mar 05, 2022 12:01am

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Post# 34485902

huge opportunity for higher loading rates.

Thermal coal prices are on a moon shot, Thanks Putin! What a great opportunity is this for WTE to negotiate much higher loading rates. Let the auctions for the very limited port capacity begin!

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