Western Stevedoring Company Limited and Grieg Star AS are pleased to announce that Western Stevedoring has purchased 100 percent of Squamish Terminals Ltd. from Grieg Star effective May 10, 2018. Squamish Terminals is a major break-bulk terminal situated at the north end of Howe Sound in the District of Squamish, British Columbia providing cargo handling services to market globally.
"This acquisition strengthens Western Stevedoring's continued commitment to the break-bulk sector in British Columbia's Gateway and expands the service options currently provided to our customers with greater capacity for the coordination of efficent service and consolidation of cargo," said Western Stevedoring's President, Brad Eshleman. "We have full confidence in the team at Squamish Terminals and look forward to building on their long-standing relationships with customers, partners and the community"
"Grieg Star has been the owner of Squamish Terminals for almost half a century. The hard work and dedication of the organization over these years have impressed us more than once. We are proud of what has been achieved over these years, but now is the right time for the temrinal 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" said Squamish Terminals Chair, Rune Birkeland.