News

Odfjell has announced the approval of a new expansion project at Odfjell Terminals Korea (OTK). The project comprises a new tank pit of ten tanks and will significantly broaden services and product handling capacity at the leading Ulsan terminal. The project, named E5, will increase OTK’s capacity by 28% to exceed 400,000 m3. The 10 carbon steel tanks will be specially designed to store…
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Cashco has been acquired by May River Capital, a Midwest-based private equity firm. Under the leadership of president Clint Rogers, Cashco has achieved impressive growth over the past several years. Rogers and the entire Cashco leadership team will continue to lead the organisation in their current roles. Rogers says: ‘May River has significant sector expertise along with deep financial and…
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BBGI Public Company (BBGI) has partnered with Keppel, through its infrastructure division, and CleanEdge, by signing a memorandum of understanding (MOU) to jointly research and develop a bio-LNG (liquefied biomethane) project in Thailand. Kittiphong Limsuwanroj, CEO of BBGI says: ‘This project aligns with BBGI's vision of fostering sustainable green innovations. The investment in bio-LNG…
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Gasum has signed a share purchase agreement for 100% of the shares in Hærup Biogas ApS, which owns and operates a biogas plant in the northern part of mainland Denmark. Currently the plant mainly uses manure to produce approximately 40 GWh biogas which is used for power and heat production at the biogas plant itself and at local district heating company Klejtrup Varmeværk. Further, Gasum plans…
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Lloyd’s Register (LR) has signed a memorandum of understanding with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new. The unit will use renewable energy to provide power for…
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Ahead of speaking at NISTM Woodlands on 10-12 December, Becht’s Rafael Rengifo explores the company’s proactive approach to manage storage tanks Storage tanks play a key role in the energy and liquids commodities supply chain. Diversity of products, business logistics needs and regulatory frameworks all make storage tank management programmes very complex. The visibility and severity of…
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TotalEnergies, BP, Equinor and Shell have announced a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. The four energy majors have come together with a $500 million (€473 million) joint investment commitment, intended to create positive energy access impact for people…
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Neste and Air Canada have signed an agreement for the supply of 60,000 tonnes of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the sustainable aviation fuel (SAF) blended with conventional jet fuel to the Vancouver marine terminal starting in December 2024, with further shipments throughout 2025. The Vancouver marine terminal has a direct pipeline connection to the fuel facilities…
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As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies has deployed continuous, real-time methane emissions detection equipment on all its operated upstream assets. This continuous detection plan will be fully implemented by end-2025 and will use existing and proven technologies such as loT sensors, InfraRed cameras, flowmeters and Predictive Emissions Monitoring…
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Control room officer at Navigator Terminals, Nicola Briggs, talks about her experience as a woman in tanks Before accidentally entering the storage terminals industry around 13 years ago, Navigator Terminals control room officer, Nicola Briggs, was a mobile hairdresser. She recalls that whilst trying to set up her salon she saw an advert to work on a weighbridge. ‘I didn’t tell my dad, who…
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Topsoe is to provide Refinaria de Petróleo Riograndense SA (Riograndense) with its HydroFlex and H2bridge technologies for sustainable aviation fuel (SAF) and renewable diesel production at Riograndense’s Rio Grande renewable fuels plant in Brazil. The production addresses the rapidly growing demand for SAF. As cited by the International Energy Agency’s Net Zero Scenario, over 10% of fuel…
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Stolthaven Terminals has received the EcoVadis gold rating for sustainability performance, recognising its environmental, safety, social, ethical, and governance practices in 2024. The EcoVadis certification assesses a company's adherence to corporate social responsibility principles and the effectiveness of the company’s sustainability management system. The gold rating includes all wholly…
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In the presence of His Majesty King Willem Alexander of the Netherlands and His Majesty King Frederik of Denmark, INEOS and Royal Wagenborg have signed an agreement on the delivery of a new build CO₂ carrier. This vessel will be built by shipyard Royal Niestern Sander and marks a significant step towards carbon capture and storage (CCS) within the European Union. The agreement marks the first…
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Exolum has started the world’s first project to transport and store green hydrogen on a commercial scale in existing oil infrastructure using liquid organic hydrogen carriers (LOHC). The project is being carried out in Immingham, the UK’s largest freight port. LOHCs are organic compounds that can absorb and release hydrogen through chemical reactions and can therefore be used as a safe means…
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Shell Chemicals Park Moerdijk has announced a new factory in the Netherlands, that allows plastic that is difficult or impossible to recycle to be reused. With the so-called market development upgrader (MDU), the chemical complex can take in circular raw materials at scale. The process consists of plastic waste being heated to about 450 degrees celsius (842 degrees Fahrenheit) until it melts and…
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Terminal manager Tom Vanhoeylandt tells Kate Rainford about LBC Lillo’s win for Excellence in Safety at the Global Tank Storage Awards 2024 Safety in terminals is a key consideration for storage providers. LBC Lillo’s terminal manager of 11 years, Tom Vanhoeylandt, proudly puts safety at the forefront of the company, and was recognised for this when LBC Lillo won gold for safety excellence at…
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CB&I has been awarded a lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10 million litres (10,000 m3) diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia. The contract is estimated to be between $10 million and $50 million (€12 million - €47…
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GTT has received an order from a Korean shipyard for the tank design of a new floating storage and regasification unit (FSRU) on behalf of an Asian ship-owner. GTT will design the tanks of this FSRU, with a total capacity of 204,000m³. The tanks will be fitted with the NO96 GW containment system developed by GTT. The delivery of the vessels is scheduled for the fourth quarter of 2027.
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In partnership with a client in the Far East, Carbis Loadtec has developed a custom metering skid for liquid and anhydrous ammonia. Specifically, this system has been designed to provide a split between anhydrous and liquid ammonia over two loading bays, but it can adapt to total liquid ammonia within minutes to match customer demand. Alec Keeler, managing director of Carbis Loadtec says: ‘Our…
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HES Botlek Tank Terminal, Netherlands, has installed a brand new marine loading arm at one of its seagoing jetties, the company announced on LinkedIn. This additional marine loading arm enables HTT to handle a new customer's product through fully dedicated and product-segregated infrastructure. The customer's product will be delivered by seagoing vessel, transferred to HTT's shoretank and then to…
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