Metro Ports Canada Ltd., a Newfoundland and Labrador company that is wholly owned by Nautilus International Holding Corp., has executed an agreement with Pinnacle Renewable Energy Inc., a British Columbia company, for managing the operation of Westview Terminal, a wood pellet railcar receiving, storage and vessel loading facility in the Port of Prince Rupert.
Metro Ports Canada is headed by President James Dillman, with Vice President Rob Waterman handling the day-to-day oversight.
James Callahan, chairman, president & CEO of Nautilus International Holding Corp., commented on the company’s expansion.
Pinnacle Renewable Energy Inc. is a privately held company and the largest producer of wood pellets in the world and the largest exporter of pellets to Europe and Asia from Canada. Pinnacle Renewable Energy Inc. currently owns and operates six pellet plants across British Columbia with a production capacity in excess of 1.2 million tons annually.
The Westview Terminal wood pellet export facility is designed specifically to receive wood pellets transported by rail from production plants in the interior of British Columbia, store in purpose-built storage silos, and load into bulk ocean vessels destined for overseas markets. The Westview Terminal includes a private rail siding, a high-speed railcar unloading system, state-of-the-art safety and monitoring systems, and a high-capacity shiploader, capable of accommodating Panamax class vessels up to 75,000 deadweight tons. The Westview Terminal was designed and engineered to meet strict environmental standards.