Bulk Storage Industry News http://www.tankterminals.com/news.php Wed, 10 Mar 2010 11:31:56 Port Storage Groups Newsfeeds http://www.tankterminals.com/images/psg_logo.gif http://www.tankterminals.com Feed provided by Tank Terminals. Click to visit. http://www.tankterminals.com/news_detail.php?id=684 March 9, 2010 [The Australian - WA Business Times] - The Gordon Martin-led Coogee Chemicals has bought a terminal next to its Kwinana facilities from Gull Petroleum in a deal valued at nearly $40 million. Port Storage Group Information Services Tue, 09 Mar 2010 21:11:29 http://www.tankterminals.com/news_detail.php?id=683 March 9, 2010 (The Nassau Guardian] - Oil storage giant Vopak is reportedly in bed with one of the world's largest oil refining companies, which has leased 1.2 million barrels of clean storage at the Freeport facility on Grand Bahama. Port Storage Group Information Services Tue, 09 Mar 2010 17:03:26 http://www.tankterminals.com/news_detail.php?id=682 March 9, 2010 [TankTerminals.com] - Audex' mothercompany, PEC Ltd, Singapore, has announced that its 50% joint venture Verwater-Audux B.V., the Netherlands, has secured a contract worth € 118 million to build 465,000 m³ new tank capacity in Rotterdam. Port Storage Group Information Services Tue, 09 Mar 2010 06:49:31 http://www.tankterminals.com/news_detail.php?id=681 March 6, 2010 [TankTerminals.com] – According to spokesman Harry van Rietschoten of 4Gas, of which Liongas is a subsidiary, the plan to build a new LNG terminal at the “Kop van de Beer” area in the Europoort section of the port of Rotterdam have been annulled. Port Storage Group Information Services Sat, 06 Mar 2010 18:24:37 http://www.tankterminals.com/news_detail.php?id=680 March 5, 2010 [Bunkerworld] - Reports from Egypt say the concession to build a liquid bulk terminal at Port Said is worth 3.2 billion Egyptian pounds ($583.5 million). Port Storage Group Information Services Sat, 06 Mar 2010 06:49:52 http://www.tankterminals.com/news_detail.php?id=679 March 03, 2010 [Mercuria] - Mercuria Energy Asset Management B.V., part of the Mercuria Energy Group, has announced today that Mercuria’s wholly owned terminal & processing assets will be renamed under a common ‘VESTA’ brand. Port Storage Group Information Services Fri, 05 Mar 2010 08:29:37 http://www.tankterminals.com/news_detail.php?id=678 March 4, 2010 [Bunkerworld] - Gibraltar's Chief Minister says the use of floating storage for bunker fuel should be cut back or even phased out. Port Storage Group Information Services Thu, 04 Mar 2010 17:48:09 http://www.tankterminals.com/news_detail.php?id=677 March 1, 2010 [Bunkerworld] - Global commodity trader Glencore International AG has launched a mandatory unconditional cash offer for all outstanding shares of marine fuel oil trader Chemoil Energy Ltd. Port Storage Group Information Services Mon, 01 Mar 2010 16:28:20 http://www.tankterminals.com/news_detail.php?id=676 March 1, 2010 [C1 Energy] - The private-run Shanghai Lonyer Petrochemicals Co Ltd has recently taken over Hailian Tank Farm in Zhoushan of East China's Zhejiang province, a source with the former said. The company's move aims to enlarge shares in the huge bunker fuel market of Zhoushan, according to the source. Earlier, its Zhoushan branch purchased two 1,000-mt new barges for bunkering. Port Storage Group Information Services Mon, 01 Mar 2010 07:45:30 http://www.tankterminals.com/news_detail.php?id=675 February 28, 2010 [Opis] - Australian Macquarie Bank said recently that it plans to start a physical oil trading business in Singapore. Port Storage Group Information Services Sun, 28 Feb 2010 07:36:56 http://www.tankterminals.com/news_detail.php?id=674 February 28, 2010 [Bunkerworld] - The Singapore Competition Commission has ruled that the acquisition will not infringe Singapore competition law. Port Storage Group Information Services Sun, 28 Feb 2010 07:12:55 http://www.tankterminals.com/news_detail.php?id=673 February 26, 2010 [The Tribune] - Vopak Terminal (Bahamas) is in the process of completing contract negotiations for a further $350 million expansion of its Grand Bahama-based facilities, it was revealed yesterday, a move designed to increase oil storage capacity by a further six million barrels. Raymond Jones, Vopak's managing director, expects that the project will be approved by its Board within "a few weeks". Port Storage Group Information Services Sat, 27 Feb 2010 15:38:33 http://www.tankterminals.com/news_detail.php?id=672 February 24, 2010 [Opis] - Hong Kong-based commodity trading firm Noble Group reported on Tuesday higher tonnages and revenues for its energy trading segment in 2009 despite a difficult operating environment. Port Storage Group Information Services Wed, 24 Feb 2010 02:34:23 http://www.tankterminals.com/news_detail.php?id=671 February 24, 2010 [International Oil Daily] - Oiltanking KNOC Yeosu Corp. is considering increasing the storage capacity of its planned terminal by almost 50% at Yeosu in South Korea due to stronger-than-expected demand. Port Storage Group Information Services Wed, 24 Feb 2010 02:22:27 http://www.tankterminals.com/news_detail.php?id=670 February 23, 2010 [Financial Chronicle] - India will offer Saudi Arabia and other oil-rich countries such as Kuwait, Sudan and Oman facilities for strategic storage of crude and petroleum products in the country. Port Storage Group Information Services Tue, 23 Feb 2010 16:10:30 http://www.tankterminals.com/news_detail.php?id=669 February 22, 2010 [Bunkerworld] - European competition authorities have given their clearance to Glencore's move to take a controlling stake in Chemoil. Port Storage Group Information Services Tue, 23 Feb 2010 15:59:27 http://www.tankterminals.com/news_detail.php?id=668 February 22, 2010 [Bloomberg] - Malaysia’s newest oil-tank facility, Langsat Terminal One, so far used exclusively by Trafigura Beheer BV, is the latest project by global trading companies seeking profits by storing fuels. Port Storage Group Information Services Tue, 23 Feb 2010 15:56:47 http://www.tankterminals.com/news_detail.php?id=667 February 22, 2010 [Oiltanking] - Oiltanking Andina Services, a Joint Venture between Oiltanking and Graña y Montero Petrolera (GMP), is pleased to announce that it has signed an operations and maintenance (O&M) agreement with Pure Biofuels del Peru (PBF) to operate the liquid bulk terminal in Lima, starting March 1, 2010. Port Storage Group Information Services Mon, 22 Feb 2010 14:47:17 http://www.tankterminals.com/news_detail.php?id=666 February 20, 2010 [Opis] - Competition at the products rack markets on the east coast of Florida is expected to kick up a notch in March as a new 2.8 million bbl oil terminal will open for business this weekend, industry sources told OPIS on Friday. Port Storage Group Information Services Sat, 20 Feb 2010 09:21:04 http://www.tankterminals.com/news_detail.php?id=665 February 19, 2010 [Bunkerworld] - Singapore's onshore fuel oil inventories have built up on lower Chinese demand and reduced exports to Japan and South Korea. Port Storage Group Information Services Fri, 19 Feb 2010 09:36:44