Vopak is expanding storage capacity at its Sebarok terminal in Singapore with the addition of three new tanks.
The tanks, with a total capacity of 67,000 m3, are due to be commissioned by the end of 2019, according to Platts.
The expansion is ahead of anticipated higher demand for marine gasoil storage ahead of the IMO 2020 sulphur fuel cap.
A Vopak spokesman is reported as saying: ‘The expansion aims to cater for the handling of marine gasoil, strengthening Singapore’s position as the bunker hub of choice with flexibility of handling multiple fuels.’
Current capacity at Vopak’s Sebarok terminal is 1.3 million m3.