Blackwater has purchased the terminal from NuStar Terminal Operations Partnership for a purchase price of $4.8 million. The facility includes a deep water marine dock, a rail system, and multiple truck loading/unloading stations. The company intends to consolidate its business and operational headquarters at the facility in Westwego. Frank Marrocco, chief commercial officer of Blackwater Midstream, said: “We have received great commercial interest in the facility. Tight supply in the port of New Orleans storage market, coupled with the outstanding customer focus and responsiveness that the Blackwater Midstream management team offers to our clients, will make this acquisition a great success for our company.” Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon