GT Logistics held the grand opening for its new 100-acre state-of-the-art multi-modal GT OmniPort terminal in Port Arthur, TX, last week. Developed at a cost of approximately $95 million, the terminal is designed to handle crude oil and other products transported via truck, rail, ship and barge.

Located off Highway 73, and in close proximity to the area refining industry and pipeline network, the terminal is one of the nation’s largest projects of its kind in size and scope,” said Timothy DeSpain, GT Logistics principal and president. “The demand for terminal facilities in the Gulf Coast capable of receiving unit trains of crude continues to grow, and we are pleased that GT OmniPort is able to fulfill this need.”

GT Logistics also announced that it is negotiating a joint venture with Gibson Energy to develop, construct, and operate a storage terminal for natural gas liquids, crude oil, and other related products. That project would be combined with the already-completed rail transloading facility.

GT logistics recently commissioned a state-of-the-art train-to-barge transloading facility at the terminal that will be serviced by Union Pacific Railroad. The next phase of the project would be to construct crude oil tank storage and pipeline connections. GT Logistics has begun initial engineering, design, and permitting studies and anticipates that the proposed joint venture would commence construction of the storage terminal in 2013.

GT Logistics also owns and operates a 20-acre deepwater dock and receiving facility on the Sabine Neches Navigation District Channel with more than 900 feet of steel bulkhead improvements and 1,700 feet of waterfront access to the 42-ft channel. The deepwater dock is 2.2 miles from the rail terminal and is connected by rail and highway.