Revealed: Winners of the 2025 Global Tank Storage Awards

The Global Tank Storage Awards of 2025 once again illuminated the industry’s brightest stars, with a dazzling ceremony held on 10 March in Rotterdam. The event saw 200 esteemed professionals […]
MOL Acquires LBC Tank Terminals

LBC Tank Terminals (LBC) has announced a change in ownership. An agreement has been reached between its current owners (Ardian, APG and PGGM) and Mitsui O.S.K. Lines (MOL), marking the […]
Vopak To Expand Thai Terminal For Ethane Storage

Vopak has reached a positive final investment decision in expanding its global industrial terminal footprint by constructing 160,000 m3 tank infrastructure in Map Ta Phut, Rayong, Thailand, to support the […]
Introducing: Samp’s Shared Reality

Ahead of speaking at StocExpo, Samp’s COO Thomas Grand explains how a data – driven approach can improve terminal operations The tank storage industry faces a wide array of challenges, […]
Honeywell To Acquire Sundyne

Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. This represents approximately 14.5x 2024 […]
Vitol & LNGPH Sign Gas Supply Deal

LNGPH, the integrated liquefied natural gas (LNG) power facilities of South Premiere Power (SPPC) and Excellent Energy Resources (EERI), have signed an LNG sale and purchase agreement (LNG SPA) with […]
GTT Receives Order For Design Of Two LNG Carriers

GTT has received, in the first quarter of 2025, an order from an Asian shipyard for the tank design of two new liquefied natural gas carriers (LNGCs) on behalf of an […]
Emerson Releases New Fixed Point Gas Detector

Emerson has announced the release of the Rosemount 625IR Fixed Gas Detector, designed to provide reliable and fast gas detection in all plant environments using advanced optical absorption detection technology. […]
Protego: Under Pressure

Protego’s Thorsten Schaper explains how optimising the set pressure of tank breather valves can help reduce emissions and nitrogen consumption Breather valves have an important role to play in reducing […]
Sherwin-Williams Launches Heat-Flex For Corrosion-Free Insulation

Sherwin Williams has launched Heat-Flex Advanced Energy Barrier (AEB) which tackles corrosion under insulation (CUI), effectively eliminating the costly and dangerous phenomenon of steel assets corroding underneath insulation systems. The coating […]
Vopak & Neste Deliver Renewable Diesel in Singapore

The first supply of Neste’s renewable diesel has been delivered to the Singapore Cruise Terminal by a tanker operated by Global Energy. The fuel was sourced from Vopak’s Penjuru Terminal, […]
Odfjell Terminals Korea & S-OIL Seal 10-Year Storage Deal

Odfjell Terminals Korea (OTK) and S-OIL have strengthened their strategic partnership with a milestone 10-year storage contract, comprising three tanks (23,990 m3) within OTK’s E5 expansion project. The E5 project […]
Baker Hughes & Frontier Infrastructure To Accelerate Development of CCS

Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the US. As part of […]
LBC Seabrook Terminal in Night Departure

LBC Tank Terminal’s Seabrook facility in Galveston, Texas, USA, has achieved a new milestone with its first night-time vessel departure following the lifting of daylight restrictions. The company made an […]
Spring 2025

Archive edition: Volume 21 Issue 01 Date published: March 2025 Spring 2025 By Anamika Talwaria March 4, 2025 In this issue… Liquin: A Fresh Start We speak exclusively to the team at Liquin Terminal Botlek about their divestment from Vopak and what visitors to StocExpo can expect from the exclusive terminal tour Buncefield: 20 Years On Ulf Hinterscheid looks at what has changed in the tank storage industry since the Buncefield explosion in the UK What you need to know about CBAM The team at Redshaw Advisors explain the resources needed to navigate the CBAM framework effectively StocExpo Sneak Peek […]
Chane Announces Heated Bulk Liquid Storage Infrastructure

Chane’s new heated bulk liquid storage infrastructure is live in Chane Le Havre, Normandy, France. On a post in LinkedIn, the company says: ‘We are proud to announce the launch […]
StocExpo Reveals Forty Under 40 for 2025

StocExpo has announced the Forty Under 40 winners for the Class of 2025. Join us in celebrating young rising talent in this industry on 11 & 12 March in Rotterdam, with a ceremony and drinks on 12 March at 12:20. Congratulations to the winners: Abdulmajeed Alanazi, Khafji Joint Operations Co (KJO) Akansha Gupta, Emerson – Sweden Alex Thompson, Pembina Pipeline Corporation Amanda de Bruine, UAB-Online Anisha Khanna, Vopak Anne Been, LBC Rotterdam B.V. Ben Adamson, EWFM Bernardo Valentim, Petrobras Transportes – TRANSPETRO Birgit Multhaupt, Rosen Dan Maleski, Redshaw Advisors David Wendel, ETS Group GmbH Dr Selin Calik, Women in Smart […]
Eni & Petronas To Combine Upstream Assets

Eni and Petronas have announced a memorandum of understanding to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia. Both […]
VTTI & Pyrum Partner for Antwerp Tyre Plant

VTTI and Pyrum are to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp Terminal (ATPC, Belgium). The new plant will have a processing capacity of up to […]
ADNOC & Osaka Gas in 15-Year LNG Deal

ADNOC has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) […]
BP Resets Fossil Fuel Strategy

BP has fundamentally reset its strategy, with significant capital reallocation, and plans to drive improved performance, aimed at growing free cash flow, returns and long-term shareholder value. This strategy will […]
Rio Tinto Tests Neste MY Renewable Diesel

Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of […]
VTTI & Pyrum To Develop Thermolysis Plant

VTTI has entered into an agreement with Pyrum Innovations AG to develop a state-of-the-art waste tyres recycling thermolysis plant at VTTI’s Antwerp terminal (ATPC) in Belgium. This agreement marks a […]
FETSA Criticises European Commission’s Clean Industrial Deal & Affordable Energy Packages

The Federation of European Tank Storage Associations (FETSA) is disappointed by the European Commission’s Clean Industrial Deal and Affordable Energy Packages, urging a more comprehensive and strategic approach to Europe’s industrial challenges. While the Commission’s proposals reflect a worthy commitment to sustainability, they fail to adequately address the critical issues that are eroding Europe’s industrial base and competitiveness. ‘The European Commission’s approach to the Clean Industrial Deal and Affordable Energy Packages risks being more of a symbolic gesture than a solution to Europe’s industrial crisis,’ says Ravi Bhatiani, FETSA Executive Director. ‘The Commission should be focusing on addressing the underlying […]
Aramco Acquires 25% of Unioil Petroleum Philippines

Global energy and chemicals company Aramco has signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the country’s largest oil companies. The acquisition of […]
Enagás Terminals To Supply BioLNG in Spain

Enagás will launch a BioLNG supply service at the company’s regasification terminals in Barcelona and Huelva, Spain, which will allow this decarbonised fuel to be loaded onto tankers and ships, […]
Olleco Opens Used Cooking Oil Processing Plant in UK

Olleco have announced on LinkedIn that it has opened a new used cooking oil processing plant in Liverpool, UK. The used cooking oil that the company collect will be refined […]
TotalEnergies, Masdar & EPointZero Sign For Clean Energy in Africa & Asia

Masdar, TotalEnergies and EPointZero, the decarbonisation arm of 2PointZero, have signed a framework for action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in […]
Wood Secures Engineering Contract with Shell UK

Wood has been awarded a $120 million (€115 million) contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. […]
LBC Vlissingen Launches Open Season For Ammonia Storage

LBC Vlissingen has launched the open season for ammonia storage and ammonia cracking capacity at its state-of-the-art terminal, currently under development at the North Sea Port, Vlissingen, the Netherlands. Once […]
Wood To Deliver FEED For European Hydrogen Facility

Wood has been awarded the front-end engineering design (FEED) scope for the Zeevonk hydrogen facility, in Rotterdam, Netherlands. The hydrogen plant will be powered by offshore wind and floating offshore […]
Hydrogenious Realigns Team Structure & Completes Financing Round

Hydrogenious has realigned its team structures and shifted its corporate focus to flagship projects such as the industrial-scale LOHC hydrogenation plant at Chempark Dormagen in Germany, and the IPCEI (important […]