Company Overview of Westshore Terminals Investment Corporation
Westshore Terminals Investment Corporation, through its limited partner interests in Westshore Terminals Limited Partnership, operates a coal storage and loading terminal at Roberts Bank, British Columbia in Canada. It handles and loads coal from mines in British Columbia and Alberta, as well as from mines in the north-western United States. The company was founded in 1970 and is headquartered in Vancouver, Canada.
1067 West Cordova Street
Vancouver, BC V6C 1C7
Founded in 1970
Key Executives for Westshore Terminals Investment Corporation
Westshore Terminals Investment Corporation does not have any Key Executives recorded.
Westshore Terminals Investment Corporation Key Developments
Westshore Terminals Investment Corporation Announces Production Results for the Two Months Ended February 28, 2015; Provides Production Guidance for the First Quarter of 2015
Mar 17 15
Westshore Terminals Investment Corporation announced production results for the two months ended February 28, 2015. For the two months ended February 28, 2015, the company loaded 5.1 million tonnes as compared to 4.5 million tonnes for the same period in 2014.
The company provided production guidance for the first quarter of 2015. The company anticipates that it will load approximately 7.8 million tonnes in first quarter of 2015 compared to 6.9 million tonnes for the same period in 2014.
Westshore Terminals Investment Corporation Declares First Quarter 2015 Distribution Payable on or Before April 15, 2015
Mar 17 15
Westshore Terminals Investment Corporation announced that a dividend of $24,502,505 (representing $0.33 per share) will be paid on or before April 15, 2015 to shareholders of record on March 31, 2015, which is the same amount that was paid in first quarter of 2014.
Westshore Terminals Investment Corporation Reports Operating Results for the Eleven Months Ended November 30, 2014; Provides Production Guidance for the Fourth Quarter of 2014 and Fiscal Year 2015
Dec 16 14
Westshore Terminals Investment Corporation reported operating results for the eleven months ended November 30, 2014. The company loaded 28.5 million tones as compared to 27.4 million tones for the same period in 2013.
For fourth quarter of 2014, the company anticipates it will load approximately 7.4 million tones compared to the 7.5 million tones loaded in the same period in 2013, which would result in total 2014 throughput of approximately 31.2 million tones to 31.3 million tones. Fourth quarter production results have been impacted by material maintenance to two stacker reclaimers. More ongoing maintenance overall is required to maintain the aging equipment, which is operating at near capacity.
Based on current information from Westshore's customers and based on agreements currently in place, 2015 throughput volumes are currently anticipated to be 31 million tones to 32 million tones at rates higher than 2014 as a whole. 2015 volumes are anticipated to be in line with 2014 volumes as Westshore is anticipating conducting material maintenance to one of its dumpers and Berth 1 which will reduce overall productivity in 2015.
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April 6, 2015