TransMontaigne completed the sale of its PortMiami marine fuel terminal on Fisher Island for €168m on 13 October 2025, according to Ship & Bunker.
A leaseback contract allows TransMontaigne to continue operating the facility, which holds 700,000 barrels of bunker storage. The buyer, HRP Group, plans a luxury housing development. Miami-Dade County Mayor Daniella Levine Cava revealed options to secure fuel supply, including acquiring the facility or building a new fuel farm. Royal Caribbean Group’s CEO stressed the need for a reliable fuel supply.
Sale completed on 13 October 2025 for €168m. TransMontaigne retains operations through a leaseback contract. HRP Group plans luxury housing on Fisher Island. Mayor Cava explores acquiring the facility or building a new one. Terminal holds 700,000 barrels of bunker storage.
Daniella Levine Cava shared: “My administration is now considering solutions for the fuel supply in PortMiami.”
Jason Liberty shared: “The issue for us at hand is the certainty element.”
