Terminal News
Energy storage provider VTTI has announced the acquisition of the IPTF (IL&FS Prime Terminals FZC) energy storage terminal in Fujairah, UAE.
The acquisition means that VTTI now owns 90% of the terminal, while the other 10% will remain with the Fujairah government. The 333,484 m3 terminal allows VTTI to expand its position in the Port of Fujairah.
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LBC Tank Terminals (LBC) has announced a change in ownership. An agreement has been reached between its current owners (Ardian, APG and PGGM) and Mitsui O.S.K. Lines (MOL), marking the
Vopak has reached a positive final investment decision in expanding its global industrial terminal footprint by constructing 160,000 m3 tank infrastructure in Map Ta Phut, Rayong, Thailand, to support the
Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024
LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with
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