Tank Storage News

/Tank Storage News/

VTTI and Hoegh LNG Propose to Develop FSRU-Based Energy Terminal in Vlissingen Port

Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the second half of 2027, the terminal will be based [...]

December 19th, 2023|Tank storage, Tank Terminal|

Exolum Terminals See Increased Deliveries

Deliveries of oil products from Exolum terminals to the Spanish market during November reached 3.3 million m3, 2.4% more than in the same period of the previous year, after the correction of the seasonal effect. Analysed by product type, deliveries of gasolines remained 7.5% more than in November 2022, and diesel fuel outflows decreased by [...]

December 19th, 2023|Tank Terminal|

QatarEnergy-Sinopec’s Long-term LNG Contract Likely Priced Around 12.7% Slope to Oil

The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, with flexibility for Sinopec to receive LNG cargoes at its terminals in China, market sources said Nov. 9. Sinopec and QatarEnergy did not immediately respond to queries sent by S&P Global [...]

November 13th, 2023|Storage News|

Engro Vopak Terminal Achieves Safety Milestone

Engro Vopak Terminal located in Pakistan has achieved a safety milestone of 2 years free from reportable incidents. This milestone means that no one has been seriously injured while working at the terminal in the past 2 years, and there have also been no risky spills. Vopak comments: ‘Safety is our highest priority, we strive [...]

November 1st, 2023|Tank Terminal|

LBC Tank Terminals Secures 5-Star GRESB Rating

LBC Tank Terminals has achieved the 5-star rating in the 2023 GRESB benchmark, a widely respected assessment of environmental, social, and governance (ESG) performance in real estate and infrastructure assets. GRESB offers valuable insights into a company’s sustainability initiatives, risk management, and long-term value creation by assessing various aspects of ESG performance, including energy and [...]

November 1st, 2023|Tank Terminal|

Rotterdam Introduces Port Fee Reduction for Ships Bunkering Sustainable Marine Fuels

However, the port authority has determined that the discount does not apply to bio-blended fuel oil, marine gas oil, or marine diesel oil, as that market is already mature in Rotterdam. Port of Rotterdam on Thursday (5 October) said it will offer a substantial port fee reduction for ships that bunker sustainable fuels in Rotterdam, [...]

October 12th, 2023|Port of Rotterdam|

Gate Terminal Awards Owner Engineer Services Deal for 4th LNG Tank at Rotterdam Port

Gate terminal, a joint venture of Dutch gas operators Vopak and Gasunie, has selected Sacyr Engineering and Infrastructure to deliver the owner engineering services for the fourth LNG storage tank in the port of Rotterdam. The contract was awarded to Sacyr’s engineering subsidiary Sacyr Proyecta as part of Gate terminal’s expansion plan to add a [...]

October 12th, 2023|Port of Rotterdam, Rotterdam storage|

Vopak Eurotank Terminal Antwerp: Empowering Growth with Expanded Draft Capabilities

Vopak are thrilled to announce a significant milestone for Vopak Eurotank Terminal in Antwerp, Belgium. Thanks to the relentless efforts and collaboration of their dedicated team, alongside the unwavering support of the Port of Antwerp-Bruges, they are proud to offer their valued customers the full draft of 14 metres at their terminal. This achievement represents [...]

August 22nd, 2023|Tank storage|

Dutch Gasunie, ACE Terminal and Spanish Iberdrola Join Forces for Hydrogen Corridor between Spain and the Netherlands

Spanish energy company Iberdrola wants to export green ammonia to the Netherlands and supply it to its European customers as hydrogen through Gasunie’s national hydrogen network. To establish this green hydrogen chain from Spain to the Netherlands, the Spanish energy company signed letters of intent with Dutch Gasunie’s subsidiary Hynetwork Services and ACE Terminal. In [...]

June 19th, 2023|Tank Terminal|

Port of Rotterdam Taps Proton Venture to Study Feasibility of Ammonia Export Terminal in WA

Port of Rotterdam has awarded a feasibility study contract to Proton Venture, an ammonia engineering company, for the scoping and conceptual design of an ammonia export terminal in Western Australia (WA).   Via this future ammonia hub to be located in Oakajee, the Dutch port aims to import 3 million tons of ammonia per year [...]

June 10th, 2023|Port of Rotterdam|