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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 wjmon Aug 02, 2005 5:13pm
124 Views
Post# 9349892

Facility details

Facility detailsSeems to be some confusion about the terminal. It is 100% bulk coal shipping terminal. It is located side by side with Deltaport a container terminal( and a separate business entity entirely). Roberts Bank is a man made terminal pad located a couple of kilometers out in Georgia strait and connected with a causeway. The pad is certainly going to expand for additional container handling berths. Westshore would have to rely on additional equipment installed on the same terminal area to generate additional throughput capacity but significant tonnage is possible.
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