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Simon Storage uses Agility system

Simon Storage is using the Agility system for maintenance management and incident reporting resulting in labour savings and aiding compliance.   As part of the Canadian infrastructure group Inter Pipeline, Simon Storage, together with its sister company, Denmark-based Inter Terminals, forms one of the largest independent tank storage businesses in…

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Expansion completed at Noord Natie

The expansion of the Noord Natie Terminals (NNT), with two new tank pits with a total of 50,000 cbm, has been completed on schedule. With the new pits now in use, the terminal can offer a total storage capacity of 350,000 cbm.   One has five tanks of 5,000 cbm.…

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MHT Technology’s Steve Spelman

MHT Technology’s Steve Spelman

Photograph by Phil Bourne   MHT Technology is celebrating its 20th anniversary this year. Managing director Steve Spelman talks to Storage Terminals Magazine about the company’s successful past and present, and its ambitions for the future.   Twenty years young and still going strong is the message from MHT Technology…

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TEPSA runs new train service

Spain-based bulk liquid storage terminal operator TEPSA recently made its first run of tank containers on a rail siding in Barcelona.   As a result the company, which celebrates its 50th anniversary this year, is now rolling out a new freight car loading and unloading service for chemical products. The…

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Oiltanking, GMP in bid win

Oiltanking and Peru’s Grana y Montero Petrolera have won a bid round to operate five state oil storage terminals.   State oil company Petroperu said the partners had won a 20 year contract for the Eten, Salaverry, Chimbote and Supe terminals on the north coast and the terminal at Lima’s…

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Geldof builds 57 tanks for ADPO

Geldof builds 57 tanks for ADPO

Antwerp-based ADPO awarded a contract to Engicon nv (Geldof) for the design, construction and placement of 57 storage tanks, 34 of which are to be in ordinary steel and 23 in stainless steel. The tanks will be used for three tank farms in the new ADPO LLH (Liefkenshoek Logistic Hub)…

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LBC responds to ECA regs

LBC responds to ECA regs

To address the new Emission Control Areas (ECAs) sulphur limitations, LBC’s Antwerp terminal has recently added extra storage capacity allowing bunker operators to meet new sulphur oxides limitations, set to be introduced on 1 January 2015. The terminal has announced that it is able to provide an additional 35,000 cbm…

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Row over Rotterdam’s Russian terminal

Row over Rotterdam’s Russian terminal

As Storage Terminals went to press, a row was brewing over the future of a new Russian-backed oil terminal in port of Rotterdam.   Several Dutch MPs are calling for a freeze on construction of the Shtandart terminal, which is now 100 percent owned by Russian construction and logistics group…

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Germany industry backs TTIP

Germany industry backs TTIP

Germany’s chemical industry – Europe’s largest - has come out strongly in favour of the US-European trade agreement Transatlantic Trade and Investment Partnership (TTIP).   While some across people, in particular protectionist politicians and trade unions, are sceptical about the agreement, with some even calling some of its provisions ‘an…

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Saudi Aramco plans big moves

Saudi Aramco is predicting its downstream investments will exceed US$100 billion over the next decade, as global demand for oil rises by a quarter in the next 25 years.   The state-owned firm of the world’s largest oil exporter told regional media before the summer that the investments would be…

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Not too hard for Tamarind

Private equity group Blackstone Energy Partners is backing a new exploration and production company, headquartered in Kuala Lumpur, Malaysia.   Tamarind Energy was formed end July with a commitment from Blackstone and will focus on growing production and reserves from producing oil & gas fields thought ‘too hard’ by other…

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Petrobrazi modernisation completed

OMV Petrom has finished the €600 million modernisation of its Petrobrazi refinery.  The main objective of the investment programme was to increase competitiveness. OMV Petrom is now able to process its entire Romanian crude production in a single refinery, now capacity has been increased to 4.2 million tonnes a year.…

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Hambantota up and running

The tank farm complex and bunkering terminal at Hambantota port has opened. The Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) was inaugurated by President Mahinda Rajapaksa in June.   The tank farm, with a storage capacity of 80,000 cbm for marine fuel oil, aviation fuel oil and LPG, has five upright…

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VTTI IPO

VTTI IPO

VTTI Energy Partners LP launched its initial public offering on 23 July. The 17.5 million common units represent limited partner interests in VTTI pursuant to a registration statement on Form F-1 filed with the US Securities and Exchange Commission (SEC).   VTTI will also grant the underwriters an option to…

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Vaquero equity commitment

Vaquero equity commitment

Vaquero Midstream has received a “substantial” equity commitment from New York-based private investment firm Yorktown Energy Partners, LLC.   Vaquero, which provides integrated crude oil and natural gas midstream services, including gathering, treating, processing, compression, liquids handling and transmission, is pursuing opportunities in emerging resource plays across North America.  …

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New Plains Cushing pipeline

New Plains Cushing pipeline

Plains All American is to construct the Diamond Pipeline, a 440 mile, 20 ins crude oil pipeline that will provide capacity of up to 200,000 bpd of domestic sweet crude from the Plains Cushing, OK terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partner’s Collierville…

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Odfjell sale

Odfjell sale

Odfjell has sold its 12.5 percent holding in Vopak Terminal Ningbo Ltd, China, for US$3.2 million. The Ningbo terminal was Odfjell’s first such venture in Asia. Vopak Terminal Ningbo has been considered a non-strategic asset and has been held by Odfjell SE, outside of the terminal structure in Odfjell Terminals AS.…

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Rizhao & CEFC to build storage

Rizhao & CEFC to build storage

Petrochemical and fuel oil trader CEFC International has reportedly tied up with a subsidiary of Rizhao Port Group (RPG) to build and operate oil storage in Rizhao port, which is located north of Shanghai.   The joint venture between CEFC’s wholly owned subsidiary, Hong Kong CEFC Petrochemical and Energy Pte…

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PTT ups LPG capacity

PTT ups LPG capacity

PTT Tank Terminal plans to spend 1.28 billion baht to increase capacity and handle shipments of liquefied petroleum gas (LPG) of up to 1 million tonnes a year.   The terminal is located in Rayong’s Map Ta Phut Industrial Estate. The company has a single LPG terminal on the eastern…

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Kozmino exports up 10.3%

Kozmino exports up 10.3%

Export of Russia’s crude oil through Kozmino terminal, terminus of the ESPO (Eastern Siberia-Pacific Ocean) oil pipeline, grew 10.3 percent in January-June 2014.   Some 117 oil shipments (100,000 tonnes each) totalled 11.7 million tonnes, 10.3 percent up on the corresponding period of 2013.   In the reporting period the…

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Tank Storage Germany2014

Tank Storage Germany2014

Taking place in Hamburg, a major player in the international bulk liquid storage industry, Tank Storage Germany will provide an opportunity for leading manufacturers & suppliers to showcase

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Tank Storage Asia 2014

Tank Storage Asia 2014

Tank Storage Asia provides an opportunity for terminal operators, traders, regulators, as well as equipment suppliers, to come together to network and do business in this vital region.

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2nd Annual Tanks Management Summit

2nd Annual Tanks Management Summit

The 2nd Annual Tanks Management Summit will discuss the latest techniques to maximise storage capacity, maintain tank integrity and safety, and use technology and automation for inspection, monitoring, cleaning and construction of tanks.

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Tank Storage  Asia 2014

Tank Storage Asia 2014

Tank Storage Asia provides an opportunity for terminal operators, traders, regulators, as well as equipment suppliers, to come together to network and do business in this vital region. Contact Sharé Mason - Strategic Account Manager T: +44 (0)20 8843 8819 E: share@stocexpo.com W : www.tankstorageasia.com

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Tank StorageAssociation 2014

Tank StorageAssociation 2014

The Tank Storage Association (TSA) Conference and Exhibition will be held on 18 September 2014 at the E.ON Lounge Ricoh Arena, Coventry, UK. The website went live in early April and is now the source for news, registrations and general information for the association’s annual event. Delegate registration is now…

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ILTA 2014

ILTA’s 34th Annual International Operating Conference & Trade Show once again takes place at Hilton Americas-Houston & George R Brown Convention Center. Contact: T: +1 (202) 842-9200 E: info@ilta.org W: www.ilta.org

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Storage Terminals Magazine Online

Storage Terminals Magazine Online

Published four times a year, Storage Terminals Magazine is the premier business magazine for executives, technicians, engineers and all professionals working in the global bulk liquids storage industry.

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