Tank Storage News

/Tank Storage News/

KGAL Fund Acquires Vopak’s Rotterdam HQ Building

KGAL Investment Management has acquired a 9,200sqm office property in the Netherlands on behalf of a pan-European fund. The €16.5bn asset manager said it has bought the Westerlaan 10 property in Rotterdam which serves the headquarters of Dutch tank-storage company Vopak until 2035. Financial details were undisclosed. André Zücker, managing director and head of real estate [...]

September 8th, 2022|Rotterdam storage|

Koole Terminals Acquires Alkion Terminals

Alkion is a leading bulk liquid storage operator and consolidation platform in Western Europe focusing on chemicals and biofuels. It operates nine terminals in five major European economies: France, Portugal, Spain, Italy and the Netherlands. Alkion is currently managing 1.2 million cubic meters of capacity with significant additional organic growth planned in biofuel and chemical [...]

August 1st, 2022|Rotterdam storage|

Gate Terminal to Boost LNG Capabilities

Dutch Gate terminal, a joint venture of Vopak and Gasunie, has taken initiatives to strengthen its position in the security of the LNG supply of Northwest Europe. Gate terminal to boost LNG capabilities   Operational since 2011, Gate terminal’s initial capacity amount to 12 billion cubic meters per year (bcma) and can in the future [...]

July 14th, 2022|Tank storage|

LNG Terminal in Wilhelmshaven: Construction of the Pipeline May Start Early

The State Office for Mining, Energy and Geology (LBEG) in Lower Saxony has approved the early start of construction of a 26-kilometer underground pipeline between the future LNG terminal in Wilhelmshaven and the connection to the national natural gas network in Etzel (municipality of Friedeburg).   The aim is to meet the ambitious schedule of [...]

July 5th, 2022|Fuel Storage, Tank Terminal|

Europe’s Gas Storage Tanks Already Half Full, But Will It Be Enough?

Gazprom cuts supplies of gas as Europe races to fill its storage tanks.   These crossed the halfway mark on June 7 and are now 51.12% full, as the EU seeks to replenish its supplies ahead of the coming winter. That race became even more poignant after Russia’s state-owned gas behemoth Gazprom cut supplies to [...]

June 28th, 2022|Storage News|

Rubis Terminal Infra Releases Its First Sustainability Report for FY 2021

· Rubis Terminal Infra (from now on, Rubis Terminal) communicated its ambitious goals to positively impact the planet and society, through a strategy that aims to reduce the impact generated by fossil fuels. · Rubis Terminal is committed to a decarbonization strategy with measurable targets for 2025 and 2030. · The sustainability report describes Rubis [...]

June 28th, 2022|Rotterdam storage, Tank Terminal|

Poland to Increase Capacity of Planned Offshore Gas Terminal

The capacity of a planned off-shore gas storage facility will be doubled owing to growing interest in gas imports from neighbouring countries, the climate minister has announced. Anna Moskwa told an international congress in the eastern city of Lublin that capacity at the Floating Storage and Regasification Unit (FSRU), which will be located in the [...]

June 15th, 2022|Tank storage, Tank Terminal|

Rotterdam Aims to Supply 4.6 Million MT/Year of Hydrogen by 2030

The Port of Rotterdam could supply 4.6 million mt/year of hydrogen to Europe by 2030 from local production and imports, it said May 10. That would be a substantial share of the 20 million mt/year of European production and imports the EU targeted by 2030 under its recent REPowerEU package. The figure was based on [...]

June 1st, 2022|Port of Rotterdam, Rotterdam storage|

Odfjell Builds New Tank Bay at Odfjell Terminal Houston

Odfjell is constructing a new tank bay at Odfjell Terminal Houston (OTH), continuing to expand and invest in its terminals platform to support ongoing regional growth in the chemical industry. The company is investing in and expanding its terminals platform with the addition of a new, modern, automated tank bay. Bay 13 at Odfjell Terminals [...]

January 14th, 2022|Fuel Storage, Tank storage, Tank Terminal, US Terminals|

Port of Rotterdam to Study Possibilities of Installing More Shore-Based Power

The Port of Rotterdam Authority and the municipality of Rotterdam have commenced studies at various terminals at the port to introduce shore-based power to the container, cruise and liquid bulk sectors. Hutchison Ports ECT Rotterdam (ECT), APM Terminals (APMT) Maasvlakte II, Vopack and Cruiseport Rotterdam terminals are all closely involved in the studies. The findings [...]

January 2nd, 2022|Rotterdam storage, Storage News|
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