Maverick Terminals, a subsidiary of Howard Energy Partners, successfully unloaded its first diesel barges at the new Port Corpus Christi owned Liquid Bulk Dock 3 facility on Saturday, April 28, 2018.
The Port of Corpus Christi Authority entered into a long-term lease agreement with Maverick Terminals in July of 2017. Under the 30 year lease agreement, Maverick Terminals will operate a railroad terminal and petroleum and petroleum products storage facility on 41 acres of land on the Northside of the Corpus Christi Ship Channel in the Inner Harbor.
“The Port of Corpus Christi is at the tip of the spear of the U.S. energy renaissance,” said Sean Strawbridge, Port of Corpus Christi CEO. “We are quite excited at the value this facility will bring to the Mexico energy markets. Our collaborative role in this P3 (public private partnership) with Howard Energy Partners further demonstrates the Port of Corpus Christi’s commitment to competitively deliver much needed energy products to the markets that most need them.”
In its initial phase, Maverick Terminals will utilize the new liquid Bulk Dock 3 facility at Port Corpus Christi to unload gasoline and diesel from barges and ships to storage tanks and subsequently load the products to railcars at a rate of one unit train per day bound for multiple global markets including Mexico
“The completion of this facility in the Port of Corpus Christi is a significant step for us to continue to provide efficient logistics solutions, serving producers, refiners, traders, blenders, and end-users,” said Mark Helmke, Senior Vice President of Terminals and Transportation for Howard Energy Partners. “We are excited about this milestone as this new terminal is poised to provide world-class midstream services to clients seeking to export crude oil, refined products, and natural gas liquids from our major production basins and refining centers to the global markets.”