Terminal Outlook 2023/24: GPS Chemoil

Leading terminal operators from across the globe shares their highlights of 2023, with a peek into what the forecast for 2024 looks like. Here's what GPS Chemoil's general manager, Captain Tarun Arora, has to say   GPS Chemoil is a joint venture between Gulf Petrol Supplies and Aquarius Energy and is a leading provider of oil storage and associated services in Fujairah, United Arab Emirates. It has two modern state-of-the-art terminals with a total of 30 tanks capable of storing approximately 700,000 m³ of refined petroleum products. This year GPS Chemoil has managed to overcome commercial challenges by being steadfast in its pursuit of excellence and customer-focused solutions. This has resulted in attracting new customers as well as retaining our current customer base.   Working in Fujairah GPS Chemoil has played a prominent part in Fujairah’s growth and in becoming one of the major oil trading and bunkering hubs in the world. A specific challenge we have faced in Fujairah has been managing the impacts on volumes and flows of products as a result of global geopolitical developments. Fujairah had also been impacted by unexpected flash floods, which affected...