Features
THE LESSONS Learned Bulletin on Chemical Accident Prevention and Preparedness (CAPP) is a publication of the Major Accident Hazards Bureau (MAHB) of the European Commission’s Joint Research Centre (JRC). The MAHB is the EU’s centre of reference for study and exchange of information on chemical accident analysis and risk management. It fulfils obligations imposed by the Seveso Directive…
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MEDIA reports of the release of hazardous vapours from a chemical plant in India with fatalities in the surrounding neighbourhood1,2,3 awakens memories of 2-3 December 1984 and the disaster in Bhopal4.
The incident in Visakhapatnam, Andhra Pradesh, India has multiple causes as described in the Report of the Joint Monitoring Committee to the National Green Tribunal5 which investigated the…
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IN THE 16th century, Antwerp, in Belgium, was already a hugely significant and growing global port, and it was said that half of the world’s trade passed through its docks. The traders brought great wealth to the city, which was growing rapidly. In a little over 150 years, the population had risen from around 20,000 to more than 100,000. It was in this bustling atmosphere that the general cargo…
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WHILE much of the news in the tank terminals business is about the boom in oil storage as a result of COVID-19, companies storing other types of products are continuing to see steady, less dramatic demand increases. One such business is Maastank, a wholly owned subsidiary of the Dekker Group, situated in the Botlek area of the Port of Rotterdam.
Maastank specialises in handling vegetable oils,…
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SWEDISH chemical supplier and trader Wibax grabbed headlines recently when it bought Baltic Tank, a chemical terminals operator in neighbouring Finland.
Prior to the acquisition of Baltic Tank, Wibax already had nine terminals in Sweden and another in Finland, with a total storage capacity of 450,000 m3, and offices in Sweden, Norway and Finland. Its main storage products include tall oil,…
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EPCA acts as the primary business network in Europe for the global petrochemical community, bringing together more than 700 companies from more than 50 countries. Its annual meeting is the largest petrochemical industry event in Europe, and would normally attract around 2,500 attendees. While the global COVID-19 pandemic means the event cannot physically take place, organisers are still planning…
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IN THE second of the new professional webinar series, held on 18 June 2020, Tank Storage Magazine spoke to three experts to find out how the global oil storage market has been affected by the current COVID-19 pandemic and what might happen next.
The webinar, entitled ‘How COVID-19 & the plummeting oil price has impacted the global storage market’, was moderated by Patrick Kulsen,…
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THE European Commission’s latest action in this area is the publication of a Clean Hydrogen Strategy.
The EU clean hydrogen strategy is focused on creating ‘clean’ hydrogen supply chains in the EU and developing EU leadership in clean hydrogen infrastructure such as electrolysers. The objective is to use clean hydrogen to help the process of decarbonising the EU economy in a cost-effective…
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Kpler’s Alex Booth looks at how the global crude crisis in 2020 came about, how it affected storage and the direction of the trends now.
THE BUILD-UP TO THE GLOBAL CRUDE OVERHANG – A PRICE WAR COMPOUNDED BY COVID-19
The build-up to the global crude crisis started long before COVID-19 decimated demand. OPEC+ had been cutting output since 2016 to try and limit the slide in oil prices brought…
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IN 2017, Tank Storage Magazine reported on the start of work on a 3,485 acre (1,410 ha) man-made island off the south-western coast of Johor in Malaysia, that had been created by Malaysia’s largest publicly listed marine construction company Benalec, to offer an alternative location for oil and gas storage
The first 100-acre land of the Tanjung Piai Maritime Industrial Park (TPMIP) is now…
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FOR obvious reasons, 2020 is not a year any of us will ever forget. At the time of writing, however, there were reminders of what life was like before a tiny virus turned our world upside down: across Europe, bars and hairdressers re-opened and holiday makers crowded to beaches. Across the Asia Pacific region, recovery was underway in those countries that acted quickly to contain COVID-19. Oil…
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THE PORT of Singapore is a major global hub port, connected to 600 ports in more than 120 countries. At any one time, there are over 1,000 ships at the port and more than 130,000 ships visit annually. It is also the world’s largest bunkering port by volume, with more than 47 million tonnes of fuel sold in 2019.
On 1 January 2020, new regulations from the International Maritime Organization…
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Some of the most successful organisations in the world are made up of the most diverse teams. This webinar features Ollie Folayan, Chair of the Association for BME Engineers, who will provide an update on why Diversity and Inclusion is so important & strategies that can be implemented within the tank storage sector.
Folayan has been involved with a number of successful community initiatives…
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Wibax CEO Jonas Wiklund explains the company’s acquisition of Baltic Tank and looks to the future of the business.
Swedish chemical supplier and trader Wibax grabbed headlines recently when it bought Baltic Tank, a chemical terminals operator in neighbouring Finland.
Prior to the acquisition of Baltic Tank, Wibax already had nine terminals in Sweden and another in Finland, with a total…
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Peter Lidiak, vice president of regulatory affairs, International Liquid Terminals Association (ILTA), looks at the latest US standards.
[caption id="attachment_21629" align="alignleft" width="194"] Peter Lidiak, Peter Lidiak, ILTA vice president of regulatory affairs[/caption]
Security and safety are two core values of bulk liquid terminal operators. As part of the critical infrastructure…
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In the second of the new professional webinar series, held on 18th June 2020, Tank Storage Magazine spoke to three experts to find out how the global oil storage market has been affected by the current COVID-19 pandemic and what might happen next.
The webinar, entitled ‘How COVID-19 & the plummeting oil price has impacted the global storage market’, was moderated by Patrick Kulsen,…
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There was a lot to see in the iTanks Innovation Zone at this year’s StocExpo Rotterdam in March. Together with a group of partners from the iTanks network, the zone was packed with novelties for the tank storage industry. For those who could not come to the innovation zone, here is a recap of what you missed:
iTANKS is a knowledge and innovation platform for the portrelated industry, an…
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How to reduce construction accidents by implementing better safety measures during the design and planning phase.
THE CONSTRUCTION industry faces two challenges that are usually considered separately: the lack of specifics, synergy, and effectiveness, between the safety planning and construction process; and the lack of concurrence between the design and construction process.
This article…
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In today’s world of uncertainty, it becomes very important to maintain and manage current assets. Geodesic aluminum domes are an investment within our oil and gas industry that protects the product in the storage tank and has a service life of 50 plus years with some maintenance along the way.
WHAT is a geodesic dome? A geodesic dome is a site specific, structurally engineered dome roof…
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What it takes to implement corrosion prediction of tank bottoms.
INDUSTRY tank standards set limits on how long flat bottom tanks may be operated before being internally inspected [sidebar 1] based on tank bottom corrosion rates. But many companies are not collecting sufficient data or even the right kinds of data that would actually save them significant costs or even provide them with good…
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