Pin Oak loads first crude cargo at new Corpus Christi dock

Pin Oak Corpus Christi LLC has received the first vessel at its newly commissioned Oil Dock 14 at the Port of Corpus Christi.

The new dock, with loading rates in excess of 40,000 bbl/hr, can accommodate tankers up to Suezmax class (~1-million bbl).

Panamanian-flagged Pacific Dawn was the first tanker loaded. Built in 2005, Pacific Dawn has recently been in service between Mexico and the US Atlantic Coast.

Construction of Dock 14 was a joint effort between the Port of Corpus Christi Authority and Pin Oak Terminals. The port authority built the dock and mooring structures and handled dredging while Pin Oak installed the topside handling equipment, storage, and common-carrier pipeline interconnects.

Pin Oak Terminals is a joint venture between Dauphine Midstream LLC and Mercuria Energy Group Ltd.

Dauphine is a portfolio company of Pelican Advisors LLC and is focused on development, acquisition, and operation of midstream assets throughout the world. Mercuria is a global commodities group primarily focused on energy.

Source: Oil & Gas Journal