TransMontaigne Partners L.P. Announces Commercial Startup of New BOSTCO Oil Terminal on Houston Ship Channel

  TransMontaigne Partners L.P. Announces Commercial Startup of New BOSTCO Oil
  Terminal on Houston Ship Channel

Business Wire

DENVER -- October 7, 2013

TransMontaignePartners L.P. (NYSE:TLP) today announced commercial operations
are underway for phase one at the 185-acre Battleground Oil Specialty Terminal
Company, LLC (BOSTCO) on the Houston Ship Channel. Approximately 20 of the 51
storage tanks being built during phase one construction are being placed into
service this month, and the remaining tanks will come online during the next
six months. A two-berth ship dock and 12 barge berths are also scheduled to be
in service this month.

A joint venture of TLP (which owns a 42.5 percent interest in the facility)
and Kinder Morgan Energy Partners, L.P. (NYSE: KMP), the approximately $485
million BOSTCO oil terminal at mile marker 43 on the Houston Ship Channel is
fully subscribed for a total capacity of 7.1 million barrels and is able to
handle ultra low sulfur diesel, residual fuels and other black oil terminal
services.

Phase two of construction at BOSTCO is underway and involves the construction
of an additional six, 150,000-barrel, ultra low sulfur diesel tanks,
additional pipeline connectivity and high-speed loading at a rate of 25,000
barrels per hour. BOSTCO expects phase two to begin service in the fourth
quarter of 2014.

“We are pleased to announce the commencement of operations of the BOSTCO
facility, which provides the market with a unique, deepwater terminaling
solution that provides high speed loading and improved barge and ship access
to the Texas Gulf Coast for the export and import of various refined
products,” said Charles Dunlap, Chief Executive Officer of TLP’s general
partner.

The BOSTCO project is employing approximately 750 local contractors during
construction and has hired about 75 full-time employees to operate the
facility.

About TransMontaigne Partners L.P.

TransMontaigne Partners L.P. is a terminaling and transportation company based
in Denver, Colorado with operations primarily in the United States along the
Gulf Coast, in the Midwest, in Brownsville, Texas, along the Mississippi and
Ohio Rivers, and in the Southeast. We provide integrated terminaling, storage,
transportation and related services for customers engaged in the distribution
and marketing of light refined petroleum products, heavy refined petroleum
products, crude oil, chemicals, fertilizers and other liquid products. Light
refined products include gasolines, diesel fuels, heating oil and jet fuels;
heavy refined products include residual fuel oils and asphalt. We do not
purchase or market products that we handle or transport. News and additional
information about TransMontaignePartners L.P. is available on our website:
www.transmontaignepartners.com.

Forward-Looking Statements

This press release includes statements that may constitute forward-looking
statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Although the company believes that
the expectations related to BOSTCO reflected in such forward-looking
statements are based on reasonable assumptions, actual results could differ
materially from those projected in the forward-looking statements as a result
of certain risk factors, including, but not limited to, adverse changes in
general economic or market conditions, construction delays or cost overruns,
and competitive factors such as pricing pressures and the entry of new
competitors. Additional important factors that could cause actual results to
differ materially from the company's expectations and may adversely affect its
business and results of operations are disclosed in "Item 1A. Risk Factors" in
TransMontaigne Partners’ Annual Report on Form 10-K for the year ended
December 31, 2012, filed with the Securities and Exchange Commission on March
12, 2013.The company assumes no obligation to, and does not currently intend
to, update any such forward-looking statements after the date of this release.

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50724072&lang=en

Contact:

TransMontaignePartners L.P.
Charles L. Dunlap, CEO, 303-626-8200
or
Gregory J. Pound, COO, 303-626-8200
or
Frederick W. Boutin, CFO, 303-626-8200
 
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