Enviva extends contracts at Port Panama City
July 17, 2017
By Enviva Partners
July 17, 2017 - Enviva, the world’s largest producer of wood pellets, is extending its contracts with the Panama City Port Authority, the Bay Line Railroad, LLC and SSA Gulf, Inc. through 2023. This commitment to the port and the Panama City region supports operations at the company’s Cottondale facility, which has a production capacity of approximately 720,000 metric tonnes a year.
Enviva will continue to ship its products through Port Panama City, with two to three ships a month carrying approximately 30,000 metric tonnes each. The Bay Line Railroad will continue to provide short line freight services, transporting approximately 7,200 railcars per year.
SSA Gulf, Inc. will continue to provide stevedoring services, loading and unloading Enviva’s products at the port.
“We are pleased that Enviva has committed to continue shipping wood pellets from Port Panama City,” said Wayne Stubbs, executive director of the Panama City Port Authority. “The wood pellet industry provides tremendous economic benefits throughout the region. We are looking forward to supporting this trade by providing Enviva with a safe and efficient port operation that meets their needs now and for years to come.”
All pellets produced at Enviva’s Cottondale plant are exported from Port Panama City to international customers who use Enviva’s product to reduce lifecycle greenhouse gas emissions. The renewable energy resource is used in power plants across the globe, enabling the reduction of their lifecycle carbon footprint by close to 80 per cent.
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