TERMINAL NEWS

Stay up-to-date with the latest news, insights and analysis on the global terminal industry, from new oil and gas projects, ammonia and hydrogen MoUs to the energy transition and incidents at storage terminals.

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Vopak acquires 50% EemsEnergyTerminal

Vopak has completed the principle agreement that was announced in April 2023 and has become a 50% shareholder in EemsEnergyTerminal, an LNG import terminal of 8 billion cubic meter (bcm)

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Terminal News

Impala purchases the HES Hartel Tank Terminal

Global infrastructure and logistics company, Impala Terminals Group has announced that it has agreed to purchase the HES Hartel Tank Terminal. Impala will provide additional investment of between €90-100 million

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IHI and Vopak to develop ammonia terminal

Dutch tank storage company Vopak has signed an initial agreement with Japan’s IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon

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Flint Hills Resources plans new pipeline

Flint Hills Resources, the main supplier of transportation fuel to Central Texas, has announced plans to build a dedicated pipeline to supply jet fuel to Austin Bergstrom International Airport. Austin

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TerraVest aquires Highland Tank

TerraVest has announced that it has entered into an agreement to acquire all the assets of the subsidiaries of Highland Tank. Based in Stoystown, Pennsylvania, Highland Tank is a leading

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Terminal News

ExxonMobil completes acquisition of Denbury

Exxon Mobil has announced it has closed its acquisition of Denbury in an all-stock transaction valued at $4.9 billion (€4.6 billion), or $89.45 (€84.11) per share, based on ExxonMobil’s closing

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