Enviva Partners extends contracts at Port Panama City
US-based Enviva, the world’s largest producer of wood pellets, has announced that it is extending its contracts with the Panama City Port Authority, the Bay Line Railroad, LLC and SSA Gulf, Inc. through 2023.
In a statement, Enviva says that this commitment to the port and the Panama City region supports operations at the company’s Cottondale, Florida (FL) facility, which has a production capacity of approximately 720 000 tonnes per annum.
Enviva’s Cottondale facility began production in April 2008 and was acquired by Enviva Partners, LP as part of the acquisition of Green Circle Bioenergy, Inc. in January 2015. All pellets produced at Enviva’s Cottondale plant are currently exported from Port Panama City and Enviva will continue to do so, with two to three ships a month carrying approximately 30 000 tonnes each.
The Bay Line Railroad will continue to provide short line freight services, transporting approximately 7 200 railcars per annum and 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. 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, said Wayne Stubbs, Executive Director of the Panama City Port Authority.