Irma forces Bahamas Borco Terminal to Close
Buckeye Partners LP's Bahamas terminal, also known as Borco, has been closed for vessel traffic and will shut all operations by the end of the day due to Hurricane Irma, a source familiar with operations said on Thursday.
That terminal, located in Freeport, on Grand Bahama Island, has more than 26 million barrels of storage capacity for crude, fuel oil, gasoline and other products.
Hurricane Irma has already killed several people after hammering the Caribbean as a category 5 storm, with winds up to 180 mph (285 km/h). It was most recently located off the northern coast of Dominican Republic, about 760 miles (1220 km) southeast of Freeport, according to the National Weather Service.
Reporting By Jessica Resnick Ault