TSX:WTEInfrastructure
Why Westshore Terminals (TSX:WTE) Is Up 8.5% After Securing A New 10-Year EVR Contract
Westshore Terminals Investment Corporation recently announced that its subsidiary, Westshore Terminals Limited Partnership, entered into a new Terminal Service Agreement with EVR Operations Limited, beginning in 2028 for ten years with an option to extend for five years, featuring fixed loading charges that adjust annually with CPI and EVR’s commitment to ship ten million tonnes a year, with limited flexibility to reduce volumes.
This long-dated contract helps underpin future terminal...