Fraser Surrey Docks Gets Permit to Add Coal Shipping Facility, Vancouver
CBC News reported that Port Metro Vancouver has given Fraser Surrey Docks a permit to add a coal shipping facility to its existing terminal despite strong opposition from residents, environmentalists and municipal governments. Port officials have said that there will be a ban on coal storage at the facility, and that the project will include measures to reduce coal dust that could escape from barges and trains.
CBC News reported that Port Metro Vancouver has given Fraser Surrey Docks a permit to add a coal shipping facility to its existing terminal despite strong opposition from residents, environmentalists and municipal governments. Port officials have said that there will be a ban on coal storage at the facility, and that the project will include measures to reduce coal dust that could escape from barges and trains.
As quoted in the publication:
The proposed facility will transfer coal arriving from the U.S. on rail cars to barges, which would then carry the coal to nearby Texada Island to eventually be shipped to Asia.
The $15-million project is expected to create 25 direct and 25 indirect jobs.
The port notes coal is already the most heavily traded commodity at the port, and the amount shipped from the new facility would represent only a 10 per cent increase.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1812.80 | +2.53 | |
Silver | 21.11 | +0.03 | |
Copper | 4.16 | +0.06 | |
Palladium | 1946.01 | +11.99 | |
Platinum | 943.12 | +2.88 | |
Oil | 110.16 | +4.03 | |
Heating Oil | 3.76 | +0.03 | |
Natural Gas | 7.62 | -0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â