Please use a modern browser. This website is not designed for versions of Internet Explorer below IE10
masthead
masthead
awards
masthead
masthead
menu

Issue Contents


Volume 13, Issue 2
Published: March 24, 2017
Risk management or risk blindness?

If you want senior management to pay attention give them something that challenges their focus – and understand that their focus is on the growth and sustainability of their business; not necessarily on compliance issues.
Their focus is on business survivability – will we be in business tomorrow given the issues that we face today? What is more important to an organisation’s compliance – the myriad of regulations or where competition will be coming from in the future? Some definitions will help to form the basis for why there is a roadblock to sustainability and the potential crisis that leadership faces:

To read this article in full, subscribe now >
It's all about location
With the trappings of a world-class, multipurpose commercial gateway, the Port of Duqm has ambitions to become one of the largest ports in the Middle East...
To read this article in full, subscribe now >
A Middle Eastern first
The completion of Project Black Pearl, expanding Vopak Horizon Fujairah’s capacity to store crude oil, makes it one of the largest independent oil terminals in the world...
To read this article in full, subscribe now >
Securing safety excellence in storage
A Dutch Safety Board report in the wake of Odfjell’s high-profile safety incident in 2012 reveals that while worthwhile improvements have been made at high-risk companies, there is still more to be done...
To read this article in full, subscribe now >
A gateway to global business
The second largest petrochemical, oil and gas hub in the UAE boasts a flourishing investment climate for tank terminal operators and acts as a crucial gateway for global trade...
To read this article in full, subscribe now >
Storage: a rapid growth story
When it comes to global tank storage, it is very much a story of rapid expansion and growth as energy markets grapple with the ongoing oil market oversupply and demand increases...
To read this article in full, subscribe now >
Ethanol is not petrol - test results raise fire safety issues
The Etankfire project provides a platform of knowledge to ensure proper investment in fire protection of ethanol storage facilities and phase 1 of the project is now complete...
To read this article in full, subscribe now >
Oil logistics: the highest level of data exchange fidelity
Varo Energy uses iGOS Data Exchange to communicate with customers and suppliers...
To read this article in full, subscribe now >
Tank degassing and cleaning with encapsulator agents
For many years, encapsulator technology has been used effectively for routine maintenance and emergency applications involving aboveground storage tanks (AST) and the safe decommissioning of underground storage tanks (UST)...
To read this article in full, subscribe now >
Integrated terminal automation solution facilitates remote depot management
Automation and tank gauging software allowed oil distributor to expand services and cut costs...
To read this article in full, subscribe now >
Risk management or risk blindness?
If you want senior management to pay attention give them something that challenges their focus – and understand that their focus is on the growth and sustainability of their business; not necessarily on compliance issues...
To read this article in full, subscribe now >
Avoiding costly pitfalls of floating roof seals
Floating roof seals seem relatively straightforward. Many tank engineers treat seals as an afterthought, delegating seal decisions to tank maintenance contractors and this may be fine most of the time...
To read this article in full, subscribe now >
Detecting the leak and reducing the costs
Infrastructure failures or human error can increase a plethora of risks in newly built storage tanks, but especially older storage facilities...
To read this article in full, subscribe now >
Staying ahead with digitalisation in tank storage
Automated processes are essential for storage operators to achieve efficiency, reducing total cost of ownership and staying ahead of competition, especially in volatile markets...
To read this article in full, subscribe now >
Protecting a storage terminal's most valuable assets
Protecting the safety of workers as they carry out vital tank cleaning for inspection, maintenance and repair projects isof paramount importance for storage facilities, refineries and operators...
To read this article in full, subscribe now >