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Grieg Star Shipping sells longtime ownership of Squamish Terminals

2018-05-15

 

McKeil Marine's Evans Spirit  won the International Bulk Journal's 2016 Ship of the Year Award during the IBJ's Salute to Excellence in the Maritime Bulk Industry gala awards ceremony in London, UK on November 21.
"It's a fantastic way to closeout our 60th anniversary year: having a vessel named after our founder, Evans McKeil, win this prestigious international award," said Steve Fletcher, President and CEO of McKeil Marine.
Acquired by McKeil in 2015, the Evans Spirit is a cargo ship with the shallow draught characters of a tug and barge; however, compared to a tug-and-barge unit, she can transport approximately 40 per cent more cargo about 50 per cent faster on a very similar amount of fuel.  She is in service throughout the Great Lakes and St. Lawrence River.
Evans Spirit was shortlisted for 2016 Ship of the Year competing with three other vessels: CS Bright, Mitsui OSK Lines, Japan;  Damen Shipyards, Netherlands; and MN Baroque, Swiss Marine, Switzerland. The award is presented to the owner, operator or builder of an outstanding individual bulk ship. Judged on operational efficiency, design innovation, safety and environmental protection, the Evans Spirit was selected as winner. (Photo Paul Beesley).

Western Stevedoring Company Limited and Grieg Star AS of Bergen, Norway have announced that Western Stevedoring has purchased 100 per cent of Squamish Terminals Ltd. from Grieg Star, owner of the breakbulk terminal for nearly a half century.

Established in 1972 at the north end of Howe Sound, 32 nautical miles north of the Port of Vancouver, Squamish Terminals handles mainly forest products, steel products and project cargo such as windmill parts and turbines. With 60 acres, two berths, three warehouses and an experienced team, the facility serves customers throughout North America and global markets.

Changes in management structure have followed since the transaction became effective May 10. Kim Stegeman moves from President of Squamish Terminals to VP Finance, Administration and Strategy at Western. Recently terminal superintendent at Western, Paul Morris has become Manager of Squamish Terminals, responsible for operations and customer service.

"This acquisition strengthens Western Stevedoring's continued commitment to the breakbulk sector in British Columbia's Gateway and expands the service options currently provided to our customers with greater capacity for the coordination of efficient service and consolidation of cargo," said Western Stevedoring's president, Brad Eshleman.

"The hard work and dedication of the organization over these years have impressed us more than once, " said Squamish Terminals Chair Rune Birkeland. We are proud of what has been achieved over these years, but now is the right time for the terminal to continue under new ownership. Western Stevedoring has the right focus and expertise to further strengthen the terminal, and we are confident it is in the right hands going forward."

 

Western Stevedoring is a diversified stevedoring contractor, terminal operator and logistics company with operations throughout British Columbia. It loads and unloads more than 12 million metric tons of cargo at 10 different ports and terminals in British Columbia.

Western Stevedoring is a wholly-owned subsidiary of Carrix Inc., headquartered in Seattle, Washington. Carrix is the parent company of SSA Marine Inc. and is the world's largest privately held marine and rail terminal operator.

An integral part of the privately-owned Grieg Group established in 1884, Grieg Star operates a fleet of around 40 vessels transporting parcel cargo, breakbulk and dry bulk cargo. Grieg Star vessels are also integrated within the G2 Ocean joint venture between Grieg Star and Gearbulk, which runs the world's biggest fleet - some 30 units - of open hatch vessels. (Photo Squamish Terminals)

 
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