This year’s StocExpo Europe took place against more challenging conditions for the storage sector, highlighting the importance of operators to adapt as the market enters a new energy era.
2018 saw the most volatile market for the last four years as sanctions against Iran, bleak Chinese demand and other international events took their toll on markets.
As 2019 progresses, everyone in the industry will be keeping a close eye on global economic, political and trade developments and the possible implications they could have.
However, there are areas of optimism in the storage market, particularly when it comes to the refined products and petrochemicals market and operators should consider investing more in flexible assets to capitalise on these opportunities.
Adaptable and flexible supply chain logistics will be key for the future of the tank terminal industry. The first day of the conference examined the key market trends affecting the sector as well as sharing...