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.

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.

Click here to read the full CBC News article.

Get the Latest Coal Investing Stock Information

Get the latest information about companies associated with Coal Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply