News

Vopak India managing director Deepak Dalvi discusses the company’s partnership with Aegis Logistics for LPG in India Vopak has been active in India since 2011, when it bought CRL Terminals at Kandla Port in Gujarat from a local operator, seeing the potential of the growing Indian market. The company owns two terminal sites in the country, a chemical terminal and a vegetable oils terminal, with…
Read More »

Stolthaven Terminals president Guy Bessant tells Tank Storage Magazine about the company’s planned new terminal with Revivegen in Taiwan Stolthaven Terminals recently announced that it has signed a letter of intent with Taiwanese company Revivegen Environmental Technology to build a greenfield terminal in Kaohsiung Port, Taiwan. The terminal will mostly handle and store petrochemicals and…
Read More »

China’s economy weathered the COVID-19 storm but there are still pressures to face China’s bounceback from the pandemic shocks of early 2020 was one of the few economic success stories of last year. This year, however, the world’s second largest economy has rattled global financial markets as long-running worries about the huge debts amassed by its commercial sector crystallised around the…
Read More »

FGE’s Grayson Lim reports on the trends in Asia’s crude markets The rapid economic development in Asia has resulted in strong oil demand growth in recent decades. In tandem with this, close to 13.3 million bpd of refining capacity was added during 2010-2020. Despite the current subdued state of refining business largely due to the COVID-19 crisis, around 3.1 million bpd of refining capacity…
Read More »

Allison Newell explains the importance of corporate social responsibility (CSR) and the tools and approaches needed for a truly diverse workplace DR Allison Newell is an environmental, social and corporate governance (ESG) consultant with her own consultancy ESGenuine. She works with a number of tank terminal companies, and others, helping them to improve their corporate social responsibility…
Read More »

CEA software can track, manage and visualise all integrated data sources The process industry is waking up to the heightened importance data plays in reducing costs, maximising the value of assets, and increasing the competitive advantage in the market. As the industry continues to grow, so do the number of assets and the data associated with them. Managing asset data improves the possibility to…
Read More »

Adler and Allan’s Mike Prendergast and Burges Salmon’s Simon Tilling outline the legal and other implications of a spill and the importance of having an adequate emergency response plan in place Site operators should be aware of the legal, as well as practical implications of a spill. Environmental and health and safety law imposes certain duties on site operators which, if not complied…
Read More »

Tank Storage Award winner Toptech Systems explains what it can offer to the whole petroleum supply chain In recent years, Toptech Systems has grown from being a solutions provider for terminal owners, to being a solutions provider for the entire supply chain (terminal owner, supplier, customer, carrier, and driver). Toptech has done this by expanding and improving its suite of products to…
Read More »

Chris van den Hooven from Hudson Cybertec explains how organisations can protect themselves against ransomware attacks On 7 May 2021 a ransomware attack took down the Colonial Pipeline infrastructure. Ransomware is a form of malicious software designed to encrypt files on a device, rendering any files and the computer systems that rely on them unusable. Attackers then demand ransom in exchange…
Read More »

Dr Akihiro Wakabayashi, CTO of Critical Facility Group, looks at why tank fires and explosions are still happening and what can be done to reduce the risk one of the biggest risks to external floating roof tanks (EFRT) is the exposure to potential tank rim fires and explosions. The occurrence of such incidents happens on a yearly basis in facilities around the world and causes significant impact…
Read More »

Optically activated pigments highlight areas in need of repair, explain Justin Hair and Michael Harrison from Sherwin-Williams Protective & Marine. For aboveground petroleum storage tank owners, 10-year inspection intervals often present some challenges. Inspections are necessary to ensure owner compliance, tank integrity and safety, but they also carry a high cost – sometimes upwards of…
Read More »

Michael Ferrante from W Energy Software discusses digital oilfield advancements in tank storage accounting and measurement Amidst the digital oilfield, paper tickets, paper invoices, even faxes continue to be part and parcel of many terminal operations. Digital systems tend to be built with older, legacy technology, create data silos, and are inflexible and difficult to use. The result is a…
Read More »

Nick Hawkins from Kingspan on why companies shouldn’t miss out on new tank telemetry technology. Tank telemetry has undoubtedly been one of the great advances for the fuel and oil storage sector in the last 10 years. Many millions of the basic, first-generation, devices have so far been installed across the globe as customers take advantage of a gauge that allows them to check their supplies…
Read More »

Mark Busch at Conidia Bioscience looks at how single use immunoassay fuel test kits can help. Microbiological contamination (fungi and bacteria in fuel) is a serious risk to tank storage operations, especially if fuel turnover is lower. However, there are some fast, economical steps that can be taken to prevent unnecessary costs and risks to business.   ORGANIC MATERIALS Like a piece of…
Read More »

Kees Oerlemans from nVent explains how smart electric heat tracing systems and innovative tank insulation are helping tank farm owners react  to changing demand Seismic change is on the horizon for the chemical storage sector. For many years, the industry has relied on oil production as its main source of new investment streams. In 2020, however, this well-established trend was challenged. As a…
Read More »

US commercial drone company DroneDeploy has launched new tools for site inspection and 3D measurement, including the Walkthrough app, and a beta preview of its new Ground Robotics offering. DroneDeploy 360 Walkthrough was launched in 2020, to capture 360 degree walkthrough images and document projects. The company has now launched this as a companion app for iOS. Engineers can capture conditions…
Read More »

US technology firm Emerson has introduced industry’s first valve assemblies that meet the design process requirements of Safety Integrity Level (SIL) 3 as specified in the International Electrotechnical Commission’s IEC 61508 standard. The Fisher Digital Isolation final element solutions are designed as shutdown valves in critical safety instrumented system (SIS) applications. The new valve…
Read More »

Jess Twemlow from Ricardo looks at the six benefits for a business A life cycle assessment (LCA) determines the environmental impact of a product at each stage of its life cycle. It looks at the impact of extracting raw materials for the product, the resources used during manufacturing, how it is distributed to the end-user, its impact when people are using it, and what happens after it has…
Read More »

Dr Zsuzsanna Gyenes from the IChemE Safety Centre explains why you should only try to manage what matters, and not try to manage everything Process safety and plant integrity can be supported by the thorough application for both lagging and leading indicators, or metrics. These are as useful as the knowledge of their practical application as well as the limitations. What is very common for…
Read More »

Kees Oerlemans from nVent explains how smart electric heat tracing systems and innovative tank insulation are helping tank farm owners react to changing demand Seismic change is on the horizon for the chemical storage sector. For many years, the industry has relied on oil production as its main source of new investment streams. In 2020, however, this well-established trend was challenged. As a…
Read More »