NuStar adds docks as Eagle Ford exports spur Corpus Christi port boom

|About: NuStar Energy L.P. (NS)|By:, SA News Editor

The port of Corpus Christi, Tex., near the Eagle Ford oil fields of south Texas, is undergoing its biggest expansion in years as energy companies add docks so they can ship more crude to other U.S. ports and perhaps eventually to foreign ports.

Pipeline company NuStar Energy (NS) officially opened a third ship dock at the port, doubling its loading capacity to 400K bbl/day and enabling NS to handle Panamax-class vessels, which can carry 350K-500K barrels, at loading rates of up to 30K bbl/hour.

Other companies expanding or improving their Corpus Christi docks to move more Eagle Ford crude include Trafigura, Magellan Midstream Partners (MMP), Plains All American (PAA) and Martin Midstream Partners (MMLP).