Louisiana-based Blackwater Midstreams subsidiary Blackwater New Orleans has completed its expansion phase at its Westwego, Louisiana, terminal.
The terminal now includes a new ship dock and three new 50,000 barrel storage tanks.
The ship dock has a draft of 45' and has been constructed to accommodate vessels up to 800' in length. The three new 50,000 barrel tanks were built under a long term lease for a new Blackwater New Orleans' customer.
Up to this point we have been restricted to handling only barges at the site. Our existing customers will now have much more flexibility for their product distribution by being able take advantage of both the import and export markets as it relates to their supply chain strategies. Additionally, this will allow us to continue the development of our business portfolio and attract new customers to the terminal that require this expanded capability, Mike Suder, Blackwater Midstream CEO, states.
Blackwater New Orleans is an independent operator of a bulk liquid storage terminal in the Port of New Orleans. The Westwego facility consists of 902,000 barrels of storage capacity. The terminal is capable of storing a variety of chemical and petroleum products.
The site offers marine, rail, and truck access for product distribution. Blackwater Midstream is currently finalising an additional terminal acquisition in Brunswick, Georgia, which is expected to close by the end of June 2010.