TLP $43.61* $-0.38 -0.86%

Transmontaigne Partners L.P. Has Received the Approval of Morgan Stanley to Participate in the BOSTCO Project

TLP Bostco Project

Denver, Colorado —TransMontaigne Partners L.P. (NYSE:TLP) today announced that it has received approval from Morgan Stanley, which controls TransMontaigne Partners’ general partner, to acquire up to an approximately 48.75% ownership interest in the Battleground Oil Specialty Terminal Company LLC (BOSTCO) terminal project, known as the “BOSTCO project,” which involves the construction of a new black oil terminal facility on the Houston Ship Channel.

Read more about the BOSTCO project participation here.