March 28, 2024

Bill in for port accident

The repair bill is in for December’s accident at Delta Port, in which a freighter crashed into the terminal.

Westshore Terminals Vice President Denis Horgan say the company’s insurance claim is roughly 50-million dollars.

“Of which 20-million is physical damage, and the other 30 — or might be a little less than that — is what we call business interruption revenue loss.”

Horgan adds the losses to his customers in the Canadian coal industry are much higher.

“Revenues certainly of 500-million.”

The December 7th accident destroyed about 150 metres of causeway and trestle.

It also caused about 35 tonnes of coal to spill into the ocean.

The Transportation Safety Board is investigating

CKNW Vancouver News

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