Opinion Nutriens bypass of the Port of Vancouver underscores need for change
News Source : Financial Post
News Summary
- Nutrien Ltd., the world’s largest potash producer, announced plans to invest US$1 billion to build a new export terminal in Longview, Wash., 450 kilometres to the south.
- Nutrien blamed rail bottlenecks at Vancouver's port and repeated labour stoppages for the decision.
- A new report ranks Vancouver as one of the world's least efficient ports — 389th out of 403 reviewed, according to the World Bank's annual Container Port Performance Index, released in September.
Vancouver seems the ideal shipping point for Saskatchewan potash. Its deepwater port faces Asias fastest growing markets, where demand for the critical mineral continues to surge. But last week Sask [+5226 chars]
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