Market Trends
Tim Doggett, CEO of the Chemical Business Association, explores how Brexit and other challenges have disrupted the chemical supply chain, and what needs to be done to restore trade between the UK and the EU
The chemical supply chain is one of the most critically important global industries. Not only does it play a role in the manufacture and distribution of most of the world’s products, but…
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FETSA’s executive director Ravi Bhatiani responds to the EU’s latest White Paper and what role the terminals industry has to play in defence
In late March, the EU announced a White Paper on Defence, as part of the ReArmEU discussions to increase EU defence readiness for worst case scenarios. In an era of rapid geopolitical shifts, the European Union is stepping up to protect its citizens and…
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Jay Cruz, senior director of government affairs and communications at the ILTA examines the policy outlook for the terminals industry under the Trump administration
As President Donald Trump and the 119th Congress have settled into office, the legislative landscape for the next two years has taken shape. The current administration is favouring pro-energy policies, and both the International…
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Vassia Sourtzi, senior energy transition specialist at Lloyd’s Register, looks at the factors impacting the global fuel mix
The global energy landscape is undergoing a significant transformation as nations grapple with the dual imperatives of meeting rising energy demands and reducing greenhouse gas emissions. Overall, global total final energy consumption (TFEC) has increased from 268 EJ…
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As FuelEU Maritime regulations come into full force this year, Lara Naqushbandi, CEO of e-fuels developer ETFuels, looks at what the industry needs to know, and how best to prepare
[caption id="attachment_59436" align="alignright" width="200"] Lara Naqushbandi, CEO of ETFuels[/caption]
FuelEU Maritime has come into effect this year, yet few in the marine industry have really thought through the…
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Genoveva Climent, Port Tarragona’s commercial & business development director shares stories from three bulk liquid storage companies operating in this Spanish energy hub
[caption id="attachment_59443" align="alignright" width="225"] Tepsa Iberia’s solar panels[/caption]
Sustainability and challenge are two words that go hand in hand; even more so in these uncertain times in which we are…
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Following his talk at StocExpo, Andrew Inglis, director at Etasca, identifies and comments on the primary market developments impacting demand for bulk liquid storage and how terminals can respond
Tank terminals are accustomed to responding to cyclical changes in market demand and trade flows for the products they handle. Historically, these fluctuations have been driven by macroeconomic changes…
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Peter Kerkhof, director at EEMUA, explains how to reduce vapour emissions when storing and handling volatile products
When storing volatile products in storage tanks, there are a number of situations which may result in the emissions of vapours. These may be either standing emissions or emissions when filling a tank. When you load a truck or ship, the vapours from the storage compartments are…
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With over 20 years of leadership in environmental markets, Redshaw Advisors provides expert guidance on navigating the CBAM framework effectively
The Carbon Border Adjustment Mechanism (CBAM) introduces new challenges for a range of companies, including liquid storage terminals, tank operators, and managers handling carbon-intensive goods such as oil, LNG, and other liquid commodities. While CBAM…
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Ulf Hinterscheid looks at what has changed in the tank storage industry since the Buncefield disaster
The Buncefield tank farm fire, which occurred on 11 December 2005 in Hemel Hempstead, Hertfordshire, England, is one of the largest industrial fires in British history and marked a pivotal moment in the regulation and safety practices of the tank storage industry. As we approach the 20th…
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The experts at S&P Global look at the challenges and opportunities for the European liquid bulk storage industry in a shifting energy landscape
The European liquid bulk storage industry stands on the brink of a seismic shift. With geopolitical tensions escalating and the relentless march towards decarbonisation, the sector faces unprecidented challenges. As traditional fossil fuels fall out…
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The experts at Argus Media explain the current trends in SAF, and their predictions for what the market’s future holds
Aviation accounts for 2-3% of global emissions, and the focus of airlines is rapidly shifting to reducing their carbon footprint. Governments and international bodies such as the UN’s International Civil Aviation Organisation (ICAO) are also setting targets and proposing…
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The International Liquid Terminals Association (ILTA) outlines what the terminals industry is watching for following the 2024 elections
As with every American presidential election cycle, private industry waits with bated breath to see how the next four years will impact the national economy. In 2024, the bulk liquid terminals industry finds itself at a critical crossroads on several key policy…
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Tank Storage Magazine asks Marcel van de Kar, senior vice president hydrogen & CO2 at Vopak for his thoughts on the emerging hydrogen market
In the global race to achieve net zero emissions, low carbon hydrogen has emerged as a needed solution. But crucially, there is no single solution to achieving net zero. ‘We need a diverse portfolio of energy sources, and hydrogen is a crucial part of…
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Hydrogen expert Charley Rattan takes a look at how the hydrogen market is progressing for storage operators and ports
As the global hydrogen economy gathers momentum, certain elements are integral for the future of the sector. Recent announcements from Uniper regarding a Financial Investment Decision for the Underground Krummhoern project in Germany is evidence of this. Such schemes range from…
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Tank Storage Association’s Peter Davidson explains the impacts of The Great British Energy Bill and The National Wealth Fund Bill on the UK energy industry
The Labour Party has won a majority in Parliament following the UK General Election on 4 July 2024. The King’s Speech, opening the first session of the new parliament and setting out the government’s priorities and legislative agenda for…
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Port Tarragona’s commercial coordinator, Jordi Angles, looks at how the Mediterranean is perfectly positioned to support the energy transition
All the disruptions we have experienced as a society since 2020 have led to an enormous acceleration towards the energy transition. This has had a considerable impact on all port facilities. Ports are currently experiencing a twin panorama. While the…
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Tank Storage Magazine speaks exclusively to Leakhena Swett, the ILTA’s new president about the association’s new initiatives and growth
In December 2023, after four years as the ILTA’s executive vice president, Leakhena Swett assumed the position of interim president. ‘I was brought on to the ILTA to help with the memberships and marketing side of things,’ she says. ‘My first…
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The Tank Storage Association's Peter Davidson shares his insights into the UK's bulk storage sector
The bulk storage and energy infrastructure sector plays a vital role in providing products and services that are critical to UK consumers. Tank storage infrastructure is an integral part of a complex web of global activities and supply chains including the extraction of raw materials and the…
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ICIS hydrogen analyst, Sandeep Venkatesh, explores how renewable hydrogen is impacting tank storage
Renewable hydrogen is considered an important commodity to decarbonise areas of the economy that would otherwise struggle to electrify. However, the intermittent nature of renewable electricity supply makes it difficult to consistently meet end-use demand for renewable hydrogen. Offtakes,…
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