Terminal News
Chemicals producer, BASF has announced they are ending ammonia and associated fertiliser production in the German city of Ludwigshafen due to high production and energy costs.
BASF seeks to cut costs by €500 million per year from 2024 by moving production to Belgium, the US and Asia. This is estimated to result in 2,600 jobs losses.
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Wison New Energies (WNE) and Zhoushan CIMC Changhong Shipyard Co (CIMC Changhong) signed a three-year strategic cooperation agreement in Shanghai. According to the agreement, WNE shall provide full EPCIC (Engineering,
Dover has announced that it has acquired Marshall Excelsior Company (MEC) for $395 million (€364 million) in cash. MEC will become part of the OPW Global operating unit within Dover’s
Exolum has started operating a new photovoltaic plant for self-consumption of energy at its Misterton terminal in the UK. With an installed capacity of 386 kWp through 840 solar panels,
Tankopslag Verbeke has acquired Prax terminal in Zeebrugge, Belgium, CEO Ryan Verbeke announced on LinkedIn. The terminal will operate under the new name North Sea Tank Storage BV (NSTS). Ryan
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