St. Croix, U.S. Virgin Islands (June 5, 2020) – Limetree Bay Terminals, LLC (LBT) is pleased to announce the successful commissioning of its new crude oil offshore mooring platform last month.  LBT safely loaded several million barrels of crude oil in May to Very Large Crude Carriers (VLCC’s) using the company’s new state of the art offshore Single Point Mooring (SPM) buoy connected to the shore via subsea pipelines. These pipelines are safely capable of high flow rates to and from marine vessels.

“We are looking forward to many years of safe and environmentally sound transfers to and from offshore vessels here in St. Croix, and we remain excited about the future of Limetree Bay Terminals,” said Jeff Hersperger, Senior VP, Operations.

For any questions regarding opportunities related to this asset, please contact Keith Neal, Vice President of Commercial at kneal@lbenergy.com.  Please refer to our website for additional information:  www.limetreebayenergy.com