Friday, April 12, 2013

Delta Western Signs Anchorage Port Lease

The Port of Anchorage and petroleum distributor Delta Western have signed off on a 20-year lease for 2.5 acres of land at the port, which Delta Western says it plans to use to build a bulk fuel facility with a capacity of 360,000 barrels of petroleum products.

The agreement, which had been more than a year in the making, was revealed April 3. It marks the first new long term lease at the Port of Anchorage in over 20 years. The deal represents an increase in fuel services offered by the private sector at the port.

“We are very proud to provide a waterfront site that meets Delta Western Inc.’s business requirements,” Port Director Richard Wilson said. “We are excited to be a part of a significant expansion to better serve customers in rural Alaska and our own region.”

Delta Western, an independent distributor of petroleum products and lubricants, offers direct delivery of fuel and lubricants to many Alaskan towns and villages, marine vessels, airports, logging and mining facilities and construction operations. The company has been in Alaska since 1985.

The Port of Anchorage, which opened in 1961, serves as the first point of entry for 90 percent of the consumer goods for 85 percent of Alaska.