STAT Communications Ag Market News

Richardson Expands Thunder Bay Capacity

WINNIPEG - Jun 6/14 - SNS -- Richardson International Limited re-opened the Current River terminal it bought from Viterra in May 2013.

The Current River terminal, which has a storage capacity of 235,000 metric tons (MT), complements Richardson's heritage Thunder Bay terminal.

Richardson's original terminal, which the company opened in 1919, has 208,000 MT of storage, bringing Richardson's total storage capacity in the Port of Thunder Bay to 443,000 MT.

Last June, Richardson began cleaning and restoring the Current River Terminal, which had not been in operation for the past three years. The required work included cleaning up the facility and grounds, commissioning the scales and re-starting the terminal's operating systems.

The first rail cars were received in October and the terminal began loading vessels in November. Richardson's Current River terminal received both the first laker and the first salt water ship of the 2014 Thunder Bay shipping season.

The terminal, which will handle mainly canola, oats and wheat, loaded its first vessel of the season on April 22, a full month later than usual given the extreme winter weather that delayed the thaw of the Great Lakes.

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.