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Terminal News


Terminal News
January 29, 2018
Additional land for storage terminal in Namibia port
Additional land has been made available for a storage facility in Walvis Bay as work continues on another strategic storage facility.Speaking at the S&P Global Platts European Oil Storage Conference in Amsterdam, Elias Mwenyo, acting senior manager commercial at Namibian Ports Authority, said that the new liquid bulk terminal for oil should be commissioned by mid-2018...

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Additional land has been made available for a storage facility in Walvis Bay as work continues on another strategic storage facility.

Speaking at the S&P Global Platts European Oil Storage Conference in Amsterdam, Elias Mwenyo, acting senior manager commercial at Namibian Ports Authority, said that the new liquid bulk terminal for oil should be commissioned by mid-2018.

The facility will increase the country's security of fuel supply from 10 days to 40 and that it will cater for the entire southern African market.

Once complete, the facility will have total capacity of 75 million litres, which will be able to storage various grades of diesel as well as unleaded petrol, heavy fuel oil and aviation fuel.

He said that in addition, there is 82 hectares of available land for more storage and that they are 'open to investment opportunities'.

'There is the potential for an additional oil storage facility in Namibia,' he added.



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Terminal News
January 29, 2018
CLH & Phillips 66 agree throughput contract
Phillips 66 and CLH Pipeline System have entered into a long-term throughput contract to December 2033.Under the contract, Phillips will continue to supply a significant volume of petroleum products from its Humber Refinery into the CLH-PS pipeline at Killingholme, UK, each year...

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Phillips 66 and CLH Pipeline System have entered into a long-term throughput contract to December 2033.

Under the contract, Phillips will continue to supply a significant volume of petroleum products from its Humber Refinery into the CLH-PS pipeline at Killingholme, UK, each year.

CLH-PS will transport the material to the Bramhall Terminal, from where it will be delivered to Phillips 66 wholesale and retail customers via the Bramhall Terminal road rack.

As part of the agreement, Bramhall Terminal will be operated and maintained by CLH-PS.

Bramhall is a key fuels supply terminal in the UK network and an important hub in Phillips 66's logistics infrastructure. It comprises storage capacity of 44 million litres and is capable of supporting increased demand for fuel supply in the coming years.

Mary Wolf, managing director, UK marketing at Phillips 66, says: 'As part of this contact, extensive capital investments have been made to enhance Bramhall Terminal's capability and significantly expand our customer offering in the region.'

Nacho Casajus, CEO of CLH-PS, adds: 'This continues our strategy of insourcing our terminals into CLH operation so we are able to offer an integrated, first-class service to our customers.'



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Terminal News
January 29, 2018
INEOS launches six oil & gas businesses
INEOS has launched six new oil and gas businesses covering shale gas as well as assets in Denmark, Norway and the UK.The announcement follows the completion of a number of North Sea oil and gas acquisitions that began in 2015. In addition to the acquisition of DEA UK and Fairfield Energy Assets, it has also acquired DONG Energy's Oil and Gas business, the Forties Pipeline System from BP, significant onshore and offshore exploration licenses and expanded its own upstream services business...

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INEOS has launched six new oil and gas businesses covering shale gas as well as assets in Denmark, Norway and the UK.

The announcement follows the completion of a number of North Sea oil and gas acquisitions that began in 2015. In addition to the acquisition of DEA UK and Fairfield Energy Assets, it has also acquired DONG Energy's Oil and Gas business, the Forties Pipeline System from BP, significant onshore and offshore exploration licenses and expanded its own upstream services business.

INEOS Oil and Gas is led by Geir Tuft as CEO and comprises:

- INEOS Oil and Gas Denmark – operated and non-operated oil and gas assets in Denmark

- INEOS Oil and Gas Norway

- INEOS Oil and Gas UK – the Ineos Breagh assets and all assets mainly in the West of Shetlands

- INEOS FPS – the Forties Pipeline System, the Kinneil terminal and gas processing plant, the Dalmeny terminal, sites at Aberdeen, the Forties Unity Platform and associated infrastructure

- INEOS Shale – focused on onshore gas development

- INEOS Upstream Services – a new venture that will provide a broad range of high quality upstream services to Ineos and the wider upstream market.

Tuft says: 'The North Sea continues to present new opportunities for Ineos. These six units will allow us to run out businesses even more effectively than before.'



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Terminal News
January 25, 2018
Oil product stocks down 2.4% on week
Total refined oil product stocks at the UAE port of Fujairah were 16.255 million barrels in the week to Monday, January 22, down 2.4% from the previous week, latest data from the Fujairah Energy Data Committee, or FEDCom, showed. The relatively small change in total stocks masked larger movements in individual product categories, with light distillates up sharply, while heavy residues set a new record low, S&P Global Platts Analytics said in a report...

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Total refined oil product stocks at the UAE port of Fujairah were 16.255 million barrels in the week to Monday, January 22, down 2.4% from the previous week, latest data from the Fujairah Energy Data Committee, or FEDCom, showed.

The relatively small change in total stocks masked larger movements in individual product categories, with light distillates up sharply, while heavy residues set a new record low, S&P Global Platts Analytics said in a report.

Stocks of light distillates jumped 21.1% on the week to an eight-month high of 7.2 million barrels. The petrol market is in the midst of seasonally low demand and heavy supply on high refinery runs rates in all regions. Demand in the Middle East in particular has cooled, with Saudi Arabia's petrol demand lower, especially for premium grades, after the January 1 domestic price rise.

So far this month, the crack for Singapore RON 92 petrol against Brent crude has averaged $7.50/b -- the lowest monthly average since August 2016. The front-month time spread for Arab Gulf petrol RON 95 remained in contango at minus 44 cents Tuesday, the report said.

Stocks of heavy distillates and residues fell 16.1% or 1.374 million barrels to 7.155 million barrels, the lowest total since FEDCom began reporting stock figures in January 2017. It was also the first instance where heavies did not represent the largest of the three product categories. Bunker demand in Fujairah has been dampened by the recent crude price rises, although buying interest has picked up in recent days as Brent futures have steadied at around $70/b. Nevertheless, overall weak demand in the Middle East is resulting in continued heavy volumes heading to Singapore despite narrowing price differentials between Singapore and Fujairah. Pakistan State Oil's recent decision to suspend fuel oil imports could also be impacting appetite to hold stocks. The company typically tenders for around 500,000 mt, or 3.175 million barrels, each month of utility grade fuel oil loading from Fujairah.

The market structure for middle distillates is in backwardation, a dis-incentive to hold stocks, and as a result inventories fell 13.1% or 287,000 barrels to a four-week low of 1.896 million barrels. Both supply and demand fundamentals are buoyed by seasonally high refinery runs and heating demand in the Northern hemisphere. But gasoil demand in Europe is said to be normal for this time of year and set to decline as winter gives way to spring.



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Terminal News
January 23, 2018
Plans to build new tank farm in East Africa
Plans are underway to turn a beach into a new oil storage terminal in Zanzibar. According to local media reports, a feasibility study has started, supported by the world bank, to develop a storage facility on 399.25 hectares of land for the distribution of fuel and natural gas...

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Plans are underway to turn a beach into a new oil storage terminal in Zanzibar.

According to local media reports, a feasibility study has started, supported by the world bank, to develop a storage facility on 399.25 hectares of land for the distribution of fuel and natural gas.

Ministry of land, water, energy and environment’s principle secretary Ali Halil Mirza is reported as saying: ‘Provisional assessment indicates that Mangapwani-Bumbwini coastal area is geographically suitable because of proximity to other ports in East African region and sufficient sea depth.’

The new site for the facility would include a gas depot.



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Terminal News
January 23, 2018
Kinder Morgan starts operations on Utopia Pipeline
Kinder Morgan's Utopia Pipeline, stretching from Ohio to Canada, has been put into service.The pipeline allows for product delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada.The pipeline system has an initial capacity of 50,000 barrels per day and can be expanded to more than 75,000 bpd...

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Kinder Morgan's Utopia Pipeline, stretching from Ohio to Canada, has been put into service.

The pipeline allows for product delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada.

The pipeline system has an initial capacity of 50,000 barrels per day and can be expanded to more than 75,000 bpd.

Don Lindley, president of natural gas liquids, products pipelines, says: 'The project team, in coordination with local, state and federal agencies, has done a tremendous job developing a project that provides ethane takeaway capacity from the Utica shale to the growing petrochemical industry.'



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Terminal News
January 23, 2018
Saudi Aramco, CB&I & Chevron in crude to chemicals agreement
Saudi Aramco has signed a joint development agreement with CB&I and Chevron Lummus Global to commercialise its thermal crude to chemicals technology.The innovative technology at Saudi Aramco's research and development centre enables higher chemicals yield than previously achievable...

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Saudi Aramco has signed a joint development agreement with CB&I and Chevron Lummus Global to commercialise its thermal crude to chemicals technology.

The innovative technology at Saudi Aramco's research and development centre enables higher chemicals yield than previously achievable. This technology also bypasses conventional refining steps by employing a proprietary direct conversion process.

Amin Nasser, Saudi Aramco president and CEO, says: 'Saudi Aramco is going beyond the quick wins and is instead prioritising investments in groundbreaking R&D and technology. Today's joint development agreement is a technological first which will position Saudi Aramco to maximise the value of each barrel of crude oil it produces in the near future.'

The partnership will accelerate the scale-up and de-risking of the technology.



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Terminal News
January 23, 2018
OPEC declares first year of production cuts a success
OPEC and participating non-OPEC countries have achieved an average monthly production cut conformity of 107% in the first year of the cuts.At the OPEC/non-OPEC joint ministerial monitoring committee meeting in Muscat, members considered the joint technical committee report that showed 129% conformity level for December 2017...

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OPEC and participating non-OPEC countries have achieved an average monthly production cut conformity of 107% in the first year of the cuts.

At the OPEC/non-OPEC joint ministerial monitoring committee meeting in Muscat, members considered the joint technical committee report that showed 129% conformity level for December 2017.

The committee agreed that, across a broad range of indicators, the first year of the declaration of cooperation, which involved 14 countries curbing their total oil production outputs, the first year had been a great success.

Conformity levels have increased on a monthly basis from 87% in January 2017.

In a statement, OPEC says: 'Once more, the unwavering resolve of participating countries to rebalance the market has been amply demonstrated.'

The committee expressed satisfaction with the overall results and urged all participating countries to continue and, to the extent possible, intensify their collective and individual efforts, in the interests of bringing stability to the oil market.

Recent data has confirmed that global oil demand growth will continue on a positive trajectory in 2018, buoyed by the strong performance of the global economy.

'This stellar performance by participating countries in 2017 launches the new year on an extremely positive footing, preparing the path for further successes in 2018,' the statement says.



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Terminal News
January 23, 2018
Plains proceeding with new Permian pipeline
Plains All American Pipeline will proceed with the construction of a new pipeline system from the Permian Basin to the Corpus Christi/Ingleside area.Following a successful open season, the Cactus II Pipeline has received sufficient binding commitments to proceed...

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Plains All American Pipeline will proceed with the construction of a new pipeline system from the Permian Basin to the Corpus Christi/Ingleside area.

Following a successful open season, the Cactus II Pipeline has received sufficient binding commitments to proceed. Permitting, right-of-way and procurement activities are underway and the pipeline is scheduled to be operations in the third quarter of 2019.

The pipeline includes a combination of existing pipelines and two new pipelines. The first new pipeline will extend from Wink South to McCamey, Texas and the second pipeline will extend from McCamey to the Corpus Christi/Ingleside area.

There has also be sufficient customer interest to conduct a second binding open season related to Cactus II Pipeline. Based on market demand, this second open season will include additional committed tariff rate structures, but is otherwise consistent with the terms of the first open season.



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Terminal News
January 18, 2018
Fujairah: Light distillate stocks fall by 5.1%
Stocks of light distillates fell by 5.1% to 5.948 million barrels, retreating from a 20-week high seen last week. The front-month time spread for Arab Gulf petrol RON 95 fell further into contango and was at minus 53 cents yesterday, indicative of seasonally lower petrol demand...

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Stocks of light distillates fell by 5.1% to 5.948 million barrels, retreating from a 20-week high seen last week.

The front-month time spread for Arab Gulf petrol RON 95 fell further into contango and was at minus 53 cents yesterday, indicative of seasonally lower petrol demand. Naphtha cracks have fallen sharply recently as Asian petrochemical producers expect to see the end of peak run rates with the upcoming Lunar New Year, adding further downward pressure on the light distillates complex.

Arbitrage routes out of Asia are heard to be closed with the Middle East and the US West Coast already being sufficiently stocked. One source commented, 'the (Middle East) market is a bit long, but in the coming months ... it will be balanced with all the tenders and the turnarounds'.

Stocks of middle distillates rose by 5.5% or 113,000 barrels to a nine-week high of 2.183 million barrels. The price impact on gasoil of cold weather in Europe and North America has moderated, with markets in those regions seen as flat at best. Four LR2-sized vessels each carrying around 90,000 mt of gasoil that loaded from East of Suez locations are currently en route to the US East Coast, but this arbitrage has now closed in line with a falling spread between the NYMEX heating oil and ICE low sulfur gasoil futures.

Stocks of heavy distillates and residues fell by 6% or 545,000 barrels to 8.529 million barrels. Bunker demand in Fujairah was reported as sluggish in recent days, with the rally of ICE Brent prices to $70/b raising prices and dampening buying interest. The front-month time spread for Arab Gulf 180 CST remained in contango at minus 75 cents/mt yesterday. Added to the suspension of fuel oil tenders by Pakistan State Oil and a narrowing differential between Singapore and Fujairah cargo prices, fuel oil stocks could well rebound in the coming weeks.



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Terminal News
January 17, 2018
Contanda plans to expand Washington storage terminal
Contanda has announced plans to expand its Grays Harbor facility to satisfy future demand for cleaner fuels storage.The facility will be expanded to store a portfolio of cleaner fuels including biodiesel, renewable diesel and ultra-low sulphur diesel...

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Contanda has announced plans to expand its Grays Harbor facility to satisfy future demand for cleaner fuels storage.

The facility will be expanded to store a portfolio of cleaner fuels including biodiesel, renewable diesel and ultra-low sulphur diesel.

The facility, which Contanda has operated since 2009, handles methanol for industrial uses. In 2013, the company sought permits to expand the facility for other liquids, including crude oil. Ultimately, the permits were not granted, primarily because of opposition to the storage and handling of crude oil.

The revised application, which comprises eight new storage tanks capable of storing 1.1 million barrels of liquid, is in response to customer demand and the strong future across the West Coast for biofuels and commodities such as ultra-low sulphur fuel.

G.R 'Jerry' Cardillo, CEO of Contanda, says: The combination of deep-water shipping terminals, rail service, experienced labour and available, land for development of facilities is what first attracted Contanda to the area in 2009.

'These attributes continue to provide an attractive development option for us as we look to expand our West Coast terminal presence.'

Grays Harbor's strategic location and infrastructure are attractive to the company and potential customers whose products originate in the Northwest and can travel by rail to the port to be transferred to deep-water marine vessels.

Contanda is working with the City of Hoquiam and the Washington Department of Ecology on a streamlined permitting process, but does not have a timeline for the revised project.



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Terminal News
January 17, 2018
Vopak, Oiltanking & Gasunie to build German LNG Terminal
Gasunie, Vopak and Oiltanking are creating a joint venture to build, own and operate an LNG import storage terminal in northern Germany.The consortium are in the process of establishing the JV German LNG Terminal, which will provide LNG distribution services...

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Gasunie, Vopak and Oiltanking are creating a joint venture to build, own and operate an LNG import storage terminal in northern Germany.

The consortium are in the process of establishing the JV German LNG Terminal, which will provide LNG distribution services. To attract interest, and to establish a detailed insight in customer demand, an open season has been launched.

The terminal offers the opportunity to further diversify Germany's sources of gas supply and facilitates access to LNG as an alternative, low emission fuel for ships and trucks.

The terminal is currently focusing on Brunsbüttel, which benefits from its proximity to the port of Hamburg and other industrial companies in the region.

The start of the open season, on January 17, marks an important milestone in the development of Germany's first LNG terminal. The facility offers discharge and loading of LNG ships, storage of LNG, regasification and send out into the natural gas network and LNG distribution via trucks and barges.



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Terminal News
January 16, 2018
Keyera starts new Canadian crude oil storage terminal
Keyera has started operations at the Base Line Terminal, a new crude oil storage facility.The first four tanks are now in service at the facility adjacent to its Alberta EnviroFuels facility near Edmonton, Alberta. The remaining eight tanks are expected to be phased into service throughout 2018...

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Keyera has started operations at the Base Line Terminal, a new crude oil storage facility.

The first four tanks are now in service at the facility adjacent to its Alberta EnviroFuels facility near Edmonton, Alberta. The remaining eight tanks are expected to be phased into service throughout 2018.

It is a 50/50 joint venture with Kinder Morgan Canada and comprises 4.8 million barrels of crude oil storage capacity.

An additional 1.8 million barrels of crude oil storage capacity may be added to the terminal depending on future customer demand.

David Smith, Keyera's president and CEO, says: 'The Base Line Terminal is a great addition to our diversified portfolio of assets.

'This new business provides Keyera with stable fee-for-service cash flows fully underpinned by several take-or-pay agreements up to 10 years in length with creditworthy counterparties.'



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Terminal News
January 16, 2018
NuStar announces expansion for Permian crude system
NuStar Energy is expanding its Permian crude system with three projects to offer additional transportation capacity to shippers.The expansion number two will be capable of reaching multiple downstream markets through interconnects at Colorado City, Texas as crude oil throughput volumes to certain destinations approach the system's capacity...

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NuStar Energy is expanding its Permian crude system with three projects to offer additional transportation capacity to shippers.

The expansion number two will be capable of reaching multiple downstream markets through interconnects at Colorado City, Texas as crude oil throughput volumes to certain destinations approach the system's capacity.

The three projects will comprise Big Spring South Inlet, Colorado City Mainline Expansion and County Line Loop.

Once completed, these projects are expected to provide 70,000 barrels per day of additional capacity on the Permian crude system. 90% of such additional capacity will be available for volume commitments during the open season.

The bidding season, which opened on January 9 and will extend for at least 30 days, will give potential shippers the opportunity to make volume commitments and sign a transportation services agreement from designated origin point segments to NuStar's Colorado City, Texas Terminal.



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Terminal News
January 15, 2018
LBC Tank Terminals to build new Texas storage terminal
LBC Tank Terminals will build and operate a new storage terminal in Freeport, Texas.The operator has finalised agreements with MEGlobal Americas, which owns the land, to design, engineer, construct and operate the new facility, which will be adjacent to MEGlobal's monoethylene glycol manufacturing plant and connected by pipeline...

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LBC Tank Terminals will build and operate a new storage terminal in Freeport, Texas.

The operator has finalised agreements with MEGlobal Americas, which owns the land, to design, engineer, construct and operate the new facility, which will be adjacent to MEGlobal's monoethylene glycol manufacturing plant and connected by pipeline.

LBC Freeport Terminal will be an integrated part of MEGlobal's supply chain, secured through a long-term contract and pipeline connection. The main products to be handled are monoethylene glycol and diethylene glycol.

Work on the facility started in August 2017 and the facility is due to be operational during 2019.

John Grimes, regional business president Americas for LBC, says: 'With over 30 years of historical experience in handling glycols, this project opportunity fits our portfolio and investment risk models and is aligned with our business strategy to further optimise, build-out and expand our business.

'This project very much fits our expertise in constructing, managing and operating chemical terminals and we look forward to a successful business partnership with MEGlobal.'



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Terminal News
January 11, 2018
Fujairah: Oil product stocks rise 14%
Total refined oil product stocks at the UAE port of Fujairah stood at 17.412 million barrels in the week to January 8, up 13.5% from the previous week, and setting a three-month high, as all three distillate categories rose, according to latest data from the Fujairah Energy Data Committee, or FEDCom...

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Total refined oil product stocks at the UAE port of Fujairah stood at 17.412 million barrels in the week to January 8, up 13.5% from the previous week, and setting a three-month high, as all three distillate categories rose, according to latest data from the Fujairah Energy Data Committee, or FEDCom.

The biggest rise came from middle distillates, which jumped by 56% or 744,000 barrels, to an eight-week high of 2.07 million barrels. The middle distillate markets are currently stronger compared to petrol and fuel oil, supported by cold weather in the US and parts of Europe, S&P Global Platts Analytics said in a report.

Indian gasoil cargoes have reportedly been diverted to the US East Coast, which would indicate tight supply in the Atlantic basin, the report said. Supply in the Middle East is also expected to tighten, following the announcement that Saudi Aramco will shut a 200,000 b/d crude distillation unit at the Satorp refinery from January 8 for 46 days of planned maintenance. Satorp has a nameplate capacity of 400,000 b/d and is one of the region's major gasoil exporters.



The Middle East continues to send volumes of jet fuel to Europe. According to data from cFlow, S&P Global Platts trade flow software, jet fuel cargo arrivals into Northwest Europe from East of Suez ports averaged around 1.2 million mt/ month in 2017.

Stocks of light distillates also rose by 16.2% to a 20-week high of 6.268 million barrels. The front-month timespread for Arab Gulf 95 RON gasoline was at a contango of minus 38 cents Tuesday, which is consistent with a seasonally weaker petrol market currently seen globally. The shift into a contango structure supports higher stocks levels, but underlying demand in the Middle East is still seen as healthy, S&P Global Platts Analytics said.

Stocks of heavy distillates and residues rose by 5.2% or 448,000 barrels to 9.074 million barrels, supported by a weakening front-month timespread for Arab Gulf 180 CST, which pushed further into a contango over the past week. Bunker demand in Fujairah was reported as lackluster in recent days amid a continued rise in crude prices. Pakistan State Oil has also reportedly cancelled its fuel oil import tenders for February, and will not issue further tenders until June at the earliest, instead relying on domestic fuel oil supply.

The decline comes after the startup of a new LNG import terminal last year at Port Qasim, which has led the government to restrict fuel oil use in the power sector due to environmental and political considerations. PSO typically tenders for up to 500,000 mt of fuel oil loading from Fujairah every month, and its withdrawal from the market could negatively impact the market for utility grade fuel oil.



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Terminal News
January 10, 2018
StocExpo Europe announces all new features for 2018 show
StocExpo Europe, the industry's leading event for the tank terminal industry, returns to Rotterdam in March, stronger than ever.Leading the market for nearly 15 years and boasting more than 200 exhibitors, the three-day event has confirmed several new initiatives for 2018 including the Engineers of the Future zone, the Innovation in Storage showcase and a special seminar programme presented by EEMUA...

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StocExpo Europe, the industry's leading event for the tank terminal industry, returns to Rotterdam in March, stronger than ever.

Leading the market for nearly 15 years and boasting more than 200 exhibitors, the three-day event has confirmed several new initiatives for 2018 including the Engineers of the Future zone, the Innovation in Storage showcase and a special seminar programme presented by EEMUA.

Day one will welcome a series of workshops on the show floor from The Engineering Equipment and Materials Users Association (EEMUA). These will cover a range of topics, from updates to the industry standard EEMUA 159, to ways to make tank storage safer through inspection, validation and maintenance techniques.

On day two, the Innovation in Storage showcase will be hosted by iTanks, a Netherlands-based knowledge and innovation platform for the tank storage sector. A series of inspiring presentations, covering topics ranging from the future of robotics to sustainability, will be entirely free of charge for all StocExpo Europe attendees.

Running parallel to this will be a Start Up Zone allowing new entrants to the tank storage sector the opportunity to exhibit at a special introductory rate.

For day three, the all-new Engineers of the Future session is specifically designed to solve the problem of the ageing workforce. StocExpo Europe will invite the highest calibre students from local engineering and technology universities to hear first-hand how a career in tank storage can offer a multitude of benefits.

The dedicated programme on the show floor includes presentations from successful professionals in the industry, designed to inspire a new generation of talent. Budding engineers will then listen to an intensive introduction to the world of tank storage, followed by access to the recruiter clinic. This will provide a unique opportunity to find out what recruiters are looking for, enhance their CV and learn invaluable interview techniques.

Alongside these new features, StocExpo Europe will be hosting its widely recognised three-day high level conference programme. Key speakers include Alfons Kuylen, senior safety advisor operations, Gunvor Petroleum Antwerp; Sally Martin, vice president of HSSE for downstream operations, Shell; Christopher Beale, process safety expert, BASF and Jaap Koomen, general manager, Burgan Cape Terminals.

Within the conference programme and all-new for 2018 is the terminal of the future stream. This will cover digitalisation, the Internet of Things, drones in action at the terminal and ways to utilise 3D terminal modelling.

The programme will also have a dedicated session on safety, including ways to reduce incidents at the terminal, improving process safety at the terminal and lessons learnt from the chemical industry.

'Having spent time with our stakeholders understanding what they're looking to achieve by attending StocExpo Europe, we're delighted to be addressing these issues,' says Nick Powell, divisional director at Easyfairs. 'These include helping to recruit new talent through the Engineers of the Future zone, providing more information on new technologies via the Innovation Showcase and allowing brand new exhibitors to exhibit on the show floor via the Start Up Zone.'

StocExpo Europe will be held in Rotterdam on 20-22nd March. Following day one of the event will be the 2nd edition of the Global Tank Storage Awards. For more information and to register to exhibit or attend please visit www.stocexpo.com or contact Nick Powell on +44 (0)20 3196 4301.



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Terminal News
January 10, 2018
Voting for Tank Storage Outstanding Achievement Award open
Voting is now open for the 2018 Tank Storage Outstanding Achievement Award. The award is the only one that is voted on by the industry. The other categories will be decided by the Tank Storage Awards panel of judges, consisting of representatives from BP, Oiltanking, LBC, Shell, VTTI, InterTerminals, Vopak & Koole...

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Voting is now open for the 2018 Tank Storage Outstanding Achievement Award.

The award is the only one that is voted on by the industry. The other categories will be decided by the Tank Storage Awards panel of judges, consisting of representatives from BP, Oiltanking, LBC, Shell, VTTI, InterTerminals, Vopak & Koole.

The shortlist includes:

• Rutger van Thiel, CEO, Alkion Terminals

• Prakash Chopde, former chairman, Artson Engineering

• Walter Wattenbergh, group CEO, LBC Tank Terminals

• H.P.S. Ahuja, CEO, Indian Strategic Petroleum Reserves Limited

• Vikraman KK, general manager, Tristar Terminals Guam

• Thomas Overbeck, managing director, Timm Elektronik

Voting closes on the 9th February 2018.

To read the nominations in full and to vote visit: www.tankstoragemag.com/awards-vote/

Nominations are still open for other categories in the 2018 Global Tank Storage Awards. These include:

Excellence in terminal optimisation

Excellence in environmental protection technology

Most innovative technology

Best terminal supplier

Outstanding terminal safety technology award

Best port

Biggest commitment to environmental protection award

Safety excellence in bulk liquid storage award

Most efficient storage terminal award

Employee of the year award

Award for the best terminal to work for in 2018

The closing date for submitting a nomination for these categories is February 9, 2018. For more information, visit www.tankstoragemag.com/awards.



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Terminal News
January 9, 2018
SemGroup to sell asphalt business to Ergon
SemGroup Corporation will sell its asphalt business SemMaterials Mexico to Ergon Asfaltos Mexico HC.The assets include 14 in-country terminals and two national laboratories. It is the largest supply of liquid asphalt cement products and product application services in the country and had a presence in every Mexican territory...

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SemGroup Corporation will sell its asphalt business SemMaterials Mexico to Ergon Asfaltos Mexico HC.

The assets include 14 in-country terminals and two national laboratories. It is the largest supply of liquid asphalt cement products and product application services in the country and had a presence in every Mexican territory.

SemGroup intends to use proceeds from the $70 million sale towards its capital raise plan associated with the acquisition of Houston Fuel Oil Terminal Company, and to pre-fund capital growth projects.

President and CEO Carlin Conner says: 'Divesting these non-core legacy assets is an important step as we raise capital and clearly define our portfolio of uniquely-advantaged midstream services on the Gulf Coast, Mid-Continent and in Canada.'



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Terminal News
January 8, 2018
Zenith acquires storage terminal assets from Shell
Zenith Energy has acquired a liquids storage terminal facility in Hamburg, Germany from Shell.The facility, located on 55 hectares of land in the Port of Hamburg, serves as a refined product import and blending terminal in North Germany. It has an expected storage capacity of over 480,000 m3 for petrol, diesel and jet fuel...

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Zenith Energy has acquired a liquids storage terminal facility in Hamburg, Germany from Shell.

The facility, located on 55 hectares of land in the Port of Hamburg, serves as a refined product import and blending terminal in North Germany. It has an expected storage capacity of over 480,000 m3 for petrol, diesel and jet fuel. It also has inbound and outbound ocean vessel, barge, rail and truck and pipeline connectivity.

Following the transfer of ownership, Shell will remain a significant customer of the terminal.

The transaction is expected to close in the first half of 2018.

Jeffrey Armstrong, CEO of Zenith, says: 'This is a natural progression in our growth strategy and underscores our commitment to expand into key European markets. We are excited to be working with Shell.'

This acquisition represents Zenith's third terminal in Europe, with its other assets in Ireland and Amsterdam.



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