News
The UK government’s Health and Safety Executive has launched a new Strategy for 2022-2032, setting out a key objective to enable industry to innovate safely to prevent major incidents, all while supporting the move towards net zero. It’s important that operators in the tank storage sector are clear on what they can expect from the Control of Major Accident Hazards (COMAH) Competent Authority…
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All eyes are on the Russia/Ukraine war, but this is not the only challenge facing the tank storage industry. In fact, it is actually quite a short-term problem, with the next year set to be a turbulent one. Prices are volatile, fluctuating as the supply and demand of gas does. On top of this, politicians are not moving fast enough to really respond to the boycott of Russian oil. While there is…
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French independent power producer HDF Energy expects its green hydrogen power plant in Namibia, to start producing by 2024.
The project is estimated to cost approximately $181.25 million and will aim to supply clean electricity power constantly. This will boost the electricity supply in the southern African nation, which imports around 40% of its power from South Africa.
Namibia wishes to…
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Liwathon has paid $32.8 million for Vopak EOS – the largest independent oil products terminal operator in the Baltic Region.
Vopak announced that it sold its 50% holding in EOS for €16.3 million. Global Ports is due to disclose its results from the first half of 2019 to the London stock exchange on September 20th, where it is believed that both companies will have sold their stakes for an…
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The OVERLEAF project will aim to decarbonise the skies by introducing a liquid hydrogen storage tank to fuel hydrogen-powered aircraft.
The project was launched in May and will run for three years. OVERLEAF comprises a 10-strong consortium from six European countries. It will be led by Aciturri Engineering and will include various leading companies and academics in the aeronautics sector. The…
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Oman’s Ras Markaz oil storage facility, located in the Special Economic Zone at Duqm, is due to be commissioned by the end of this year, according to the CEO of Oman Tank Terminal Company (OTTCO).
The Ras Markaz facility will initially be able to hold 5.2 million barrels of crude oil for the Duqm Refinery project. The Duqm Refinery project is a joint venture between Oman’s OQ Group and…
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Central African countries have signed an agreement to establish a network of oil and gas pipelines and hub infrastructures, which will aim to strengthen energy supply and reduce dependence on imports of refined products.
The project hopes to construct three multinational oil and gas pipeline systems of approximately 6,500km, storage depots, liquified natural gas terminals, at least three…
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duisport and Port of Antwerp-Bruges have signed a long-term partnership, with the main objective of the partnership being to expand cooperation in the areas of the energy transition, rail and hinterland connections, and port infrastructure. The areas set out for expansion, are all of outstanding importance for the reliable supply of industry and the stabilisation of German-Belgium supply chains…
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San Fernando de Henares – Torrejón de Ardoz terminal, near Madrid in Spain, was recently named the Terminal of the Future at the 2022 Global Tank Storage Awards. The terminal is Exolum’s largest, with a capacity in excess of 1 million m3, storing different grades of gasoline, diesel, biofuels and jet fuels.
‘The terminal is one of only two that is dedicated to supply demand in the centre…
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Every year the European Commission releases a report assessing what actions need to be taken to improve the EU’s strategic position in the world.
For the first time, the Commission has assessed that it is of strategic importance to develop storage for current and future energy carriers.
‘In a shifting geopolitical environment, the EU needs to continue strengthening its resilience and open…
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Located in Saldanha Bay, South Africa, the Oiltanking MOGS Saldanha (OTMS) terminal is a highly advanced crude oil storage and inline blending facility. A flagship 1.4km pipeline project has recently been completed at the terminal, connecting to an existing pipeline to supply crude oil to the refinery in Milnerton, Cape Town. Tank Storage Magazine spoke to Chief Executive Officer Nonhlanhla…
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In 2021 the volumes of trade passing between mainland Europe and the UK and Ireland via Belgium reached an all-time high. The Flemish ports prove to be resilient logistic hubs. Through development of warehousing, focus on green energy distribution and integration of port authorities, they expand the role of ports as key economic infrastructure.
‘Trade with the UK continues to flow,’ says Tom…
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Poliport is an independent liquid and chemical storage terminal in Dilovası in the Kocaeli Gulf region, near Istanbul in Turkey. It was founded in 1971 with 17,000 m3 of liquid storage, and now has 272.000 m3 of liquid storage, a dry bulk and general cargo terminal and a custom bonded and non-bonded warehouse for dry bulk cargo.
‘Poliport’s main goal is to provide better service to its…
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Um Terminals is a big believer in the power of building long-term, trusted partnerships with its customers. The UK-headquartered company has many valued customer relationships, extending over decades.
Integral to sustaining such relationships is a willingness to invest. This helps ensure the company can evolve to meet the current and future requirements of its clients.
Investing in…
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U.S. Venture and gener8tor announce the launch of an investment accelerator programme for start-ups focused on sustainability and mobility in Appleton. The U.S. Venture Mobility and Sustainability Investment Accelerator, powered by gener8tor, will provide investment, support, mentorship, and access to in-state and out-of-state capital for early-stage small businesses and start-ups in the United…
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The largest international event for the tank storage sector, StocExpo, is launching a brand-new pitch contest to help companies highlight their latest innovations.
The pitch contest will take place on day one (March 14th, 2023) of the StocExpo event on 14-16 March in Rotterdam and will be open to all exhibitors. Each pitch is limited to just five minutes.
Held as part of the new Asset…
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The Italian engineering firm Ecospray announces that it has gained a new contract from Germany’s Ruhe Group to build two biomethane plants and three CO2-liquefaction plants.
Each project involves the construction of a complete system for pre-treatment, upgrading, liquefaction of biomethane and the liquefaction of CO2, with associated storage and cryogenic tank filling.
The first project is…
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Maritime hydrogen technology firm Zero Emissions Industry has gained investment from firms including US energy producer Chevron in its latest funding round.
The funding round, which closed recently, was led by investments by Chevron New Energies and provided support from US shipping and logistics company Crowley.
The company produces fuel cell power and hydrogen systems for the shipping…
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Uniper and Vesta have signed a Memorandum of Understanding to investigate the feasibility of refurbishing and expanding an existing storage facility, in hope of creating the first green ammonia hub ‘Greenpoint Valley’ in North-West Europe.
Uniper intends to book capacity in the terminal to create an entry point into the Northwest European markets for the growing green ammonia and hydrogen…
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Niagara Falls, New York, is to gain a green hydrogen production site, as Linde announces plans to build a 35MW PEM electrolyser at the iconic location.
Linde have they expressed it will be the largest electrolyser installed by the company globally to date and will double its green liquid hydrogen production capacity in the US.
The new project will see Linde build, own, and operate the…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/