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  • South Korean terminal launches open tender on tanks
    Latest News
    South Korean terminal launches open tender on tanks
  • Howard Midstream to significant expand Texas storage terminal
    Latest News
    Howard Midstream to significant expand Texas storage terminal
  • ADNOC and Vitol sign LPG deal
    Latest News
    ADNOC and Vitol sign LPG deal
  • Odfjell improves despite challenging markets
    Latest News
    Odfjell improves despite challenging markets



Latest News


Terminal News
February 24, 2017
Oilhub Korea Yeosu (OKYC) plans to offer an open tender for the use of their storage tanks.As a result of growing demand in the petroleum tank market, a number of oil players are experiencing a shortage of oil storage and are seeking tank availability.OKYC,...

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Terminal News
February 24, 2017
Howard Midstream Energy Partners plans to significantly expand its bulk liquids storage facility in Texas following a long-term terminal services agreement.Under the agreement with a third party shipper, Howard Midstream will construct more than 15 new tanks, adding more...

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Terminal News
February 23, 2017
Vitol has signed an agreement for the sale of up to 528,000 tonnes per year of LPG from ADNOC over the next 10 years.The long-term agreement, which expires at the end of December 2026, will help protect ADNOC from energy market fluctuations.Abdulla Salem Al...

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Terminal News
February 23, 2017
Odfjell's 2016 results show significant financial improvement despite challenging markets.The company reported its net result were $100 million in 2016 compared to $-36 million in 2015. Its improved full year EBITDA was $238 million from $190 million in 2015. Odfjell says...

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Technical News
February 23, 2017
Flow metering in oil industries has a long and established history both for flow meters and indicating devices.The indicating device has undergone a significant change over the last few years, from the original mechanical indication to the electronic register, flow computer...

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Terminal News
February 23, 2017
In an interview with Tank Storage Magazine, Onur Capan, commercial analytics manager at VTTI, explains how the loosening of the contango market structure and trade and product movements have an effect on the storage market How has the low oil price had an impact on the...

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Terminal News
February 22, 2017
Why you can't miss the March issue of Tank Storage Magazine:1. In our 2017 terminal outlook, we speak to Tepsa, Jefferson Energy Company, LBC Tank Terminals, Gulf Petrochem and Botlek Tank Terminal about how events from 2016 affected global markets and what key trends could...

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Terminal News
February 21, 2017
Martin Midstream Partners has acquired the Texas asphalt terminal from Martin Resource Management.The Hondo facility was bought for $27.4 million. In its fourth quarter financial results, Martin Midstream says it will spend $8.6 million to complete construction. It will...

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Terminal News
February 21, 2017
Vopak plans to invest in disciplined capacity growth, technology and the replacement of IT systems.In its 2016 financial results, the company reported that its EBITDA increased by 1% to €822 million and that its global capacity increased by 400,000 m3 to 34.7 million...

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Terminal News
February 21, 2017
The basic engineering contract has been awarded for the possible development of an ethylene export terminal at Odfjell Terminals' facility in Seabrook, Texas.With this award to JGC America, Odfjell Terminals enters into the last phase of engineering before the final investment...

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Terminal News
February 21, 2017
A new 100,000 m3 terminal will be built in Johannesburg following an investment by Vopak and its partner Reatile.The new facility in Lesedi, in the Gauteng province will be connected to Vopak Terminal Durban via the Transnet multi product pipeline. It will consist of six...

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Terminal News
February 15, 2017
Crude oil throughput at the Port of Rotterdam fell in 2016.Throughput of crude fell by 1.2% to 101.9 million tonnes following a rise of 18% in 2015. Although refinery margins fell slightly, they remained buoyant whereby the level of crude oil input stayed at the...

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Terminal News
February 15, 2017
Construction is progressing at Saudi Aramco's Jazan Economic City refinery and terminal projects.The projects are set to transform the region and further boost Saudi Aramco's portfolio of mega-projects designed to fuel a diversified economy for Saudi Arabia's future.Construction...

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Terminal News
February 15, 2017
Noble Midstream Partners and Plains All American Pipeline have formed a 50/50 joint venture to acquire Advantage Pipeline's Delaware Basin pipeline assets.The joint venture will acquire Advantage for $133 million. The pipeline assets have a capacity of 150,000 barrels per...

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Terminal News
February 15, 2017
The StocExpo Europe conference in Rotterdam is now CPD certified and features a new format focused on greater networking opportunities.All sessions will begin with speed networking – a concept where delegate will be encouraged to introduce themselves to other people...

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