Please use a modern browser. This website is not designed for versions of Internet Explorer below IE10
SE16_938x120
  • Latest News
    US crude prices plummet to 13 year low
  • Latest News
    PFB expands Philadelphia storage footprint
  • Latest News
    Completed tanks transported to Saudi Arabia
  • Latest News
    Fulfilling a global need for storage



Latest News


Terminal News
February 5, 2016
High crude oil inventory levels, global economic growth uncertainty and market volatility have helped push crude prices to a 13 year low.According to the EIA, these factors, plus the potential for additional crude oil supply to enter the market have played a part in pushing...

Read More >

Terminal News
February 4, 2016
PFB Logistics is set to acquire four refined product terminals in the greater Philadelphia region from Plains All American Pipeline.The acquisition, which costs $100 million, expands PFB's storage and terminalling footprint and introduces third-party customers to its revenue...

Read More >

TWE2016_300x250V2
Terminal News
February 4, 2016
A total of 13 stainless steel tanks were shipped to Arabian Chemical Terminals' chemical storage terminal in Jubail.The tanks, constructed by SJR at its production facility in Bolnes, the Netherlands, were transported by barge to the Broekman Break Bulk Terminal at Waalhaven...

Read More >

Terminal News
February 3, 2016
As the global energy dynamics continue to evolve, Asia is identified as a key growth region for storage in the future, according to Karl-Heinz Schult-Bornemann When considering future investment regions for tank storage Asia is an attractive proposition.Not only is Singapore...

Read More >

Terminal News
February 2, 2016
Total products handled and average storage and throughput revenue at Stolthaven Terminals dropped in the fourth quarter of 2015.Fourth-quarter operating revenue for the terminals segment was $52.2 million, compared with $54.0 million in the third quarter.The average terminal...

Read More >

Terminal News
February 2, 2016
Zenith Energy has acquired a multi-million barrel liquids storage facility in Amsterdam from BP.The international liquids and bulk terminaling company is due to take ownership of the terminal assets by the end of the first quarter 2016 following a transition process.The...

Read More >

ILTA16_300x250-static
Terminal News
February 2, 2016
The completion of the Pengerang Integrated Petroleum Complex could miss its 2035 deadline, it has been revealed.Reports by local media suggest that according to Johor Petroleum Development Corp's CEO Mohd Yazid Ja'afar, investors are holding back making investments due to...

Read More >

Terminal News
February 2, 2016
A total of 15 refined products terminals have been acquired by Kinder Morgan from BP Products North America.The terminals are key distribution facilities for major refined products consuming markets and have approximately 9.5 million barrels of storage.Kinder Morgan and...

Read More >

IPW16 - Tank Storage - WebBanner 300x250px
Terminal News
February 1, 2016
Higher storage utilisation rates and increase storage renewal rates at NuStar’s terminals has boosted the company’s projections for 2016. In its fourth quarter 2015 financial results, the company saw an 11% increase in storage revenues thanks to key contributions...

Read More >

Terminal News
February 1, 2016
Varo Energy has completed the acquisition of Hydrocarbon Hotel (HCH), hydrocarbon product blending and storage terminal from Blue Ocean Associates. The facility in the port of Amsterdam includes 11 tanks with a total capacity of more than 140,000 m3 connected through modern...

Read More >

Terminal News
January 29, 2016
Vopak has completed the sale of a 33.3% investment in the Thames Oilport joint venture to Greenergy.The joint venture (formerly the Coryton refinery) is still under development and has not yet been commissioned.This is the first of two transactions regarding the sale of...

Read More >

Terminal News
January 29, 2016
Inter Terminals has announced a multi-million Euro investment at its Asnaes Oil Terminal in the Danish Straits.The northern Europe bulk liquid storage operator says that it is taking a proactive approach to the continuing oil market contango by investing in large ship handling...

Read More >

OTN_ban_300x250
Terminal News
January 27, 2016
Borealis Infrastructure has acquired a 24.15% stake in CLH from Cepsa and Global Infrastructure Partners.The transaction is the company's first investment in Spain, and swells its European infrastructure portfolio further.The acquisition of Cepas's 9.15% stake was completed...

Read More >

Terminal News
January 27, 2016
The National Oil Corporation (NOC) in Libya has confirmed that a fire spread across five storage tanks at the Ras Lanouf Oil Terminal has been extinguished.The fire at the storage facility, operated by Harouj Oil Operations, continued for three days and was finally extinguished...

Read More >