Tank Storage News

/Tank Storage News/

Noord Natie Odfjell Terminal Expands

In an exciting development, it has been announced that a final investment decision has been reached for the expansion of Noord Natie Odfjell Antwerp Terminal (NNOAT). This expansion includes the construction of ten new tanks and an additional loading bay, marking another milestone in NNOAT’s impressive growth journey. The new tanks will provide an additional [...]

January 23rd, 2024|Storage News, Tank storage, Tank Terminal|

New Terminal at Immingham Port to Support Import of Green Ammonia from Saudi’s NEOM

UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy terminal to support the import of green [...]

January 4th, 2024|Tank Terminal|

Stolt Tankers is First to Apply Innovative Graphene Coating Technology to the Hull of a Chemical Tanker

Stolt Tankers is the first shipping company in the world to apply a cutting-edge sustainable coating to the hull of one of its chemical tankers, Stolt Lotus. The X-GIT FUEL graphene technology, developed by Graphite Innovation & Technologies (GIT) Coatings, has the potential to reduce fuel consumption and resulting greenhouse gas emissions. X-GIT FUEL is a [...]

January 4th, 2024|Storage News|

Port of Antwerp-Bruges to Expand Port Lumut into a Maritime Hub

The Port of Antwerp-Bruges and the Perbadanan Kemajuan Negeri Perak (PKNP), a state development agency in Malaysia, have forged a strategic cooperation to develop the Port of Lumut. According to the Port of Antwerp-Bruges, the European Commission has awarded a €1.9 million ($2 million) grant for feasibility studies, recognising the port’s potential as a logistics [...]

January 4th, 2024|Tank storage|

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|