June 11, 2010 [Business Wire] - Blackwater Midstream Corp.announces that Blackwater New Orleans, LLC, its wholly owned subsidiary, has completed a previously announced expansion at its Westwego, LA terminal that included the construction of a new ship dock and three 50,000 barrel storage tanks.
The first ship is scheduled to call at the facility on Friday, June 11, 2010. 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. Mike Suder, Blackwater Midstream Corp.’s Chief Executive Officer, stated, “The completion of our new ship dock is a significant event at our Westwego terminal. 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.”
