December 3, 2018 [TankTerminals.com] - Market Overview: IMO 2020 in the Middle East. Storage Opportunities: Biodiesel (ARA), Vegoils & Chemicals (East Coast UK).
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Market Overview: IMO 2020 in the Middle East
The tank storage capacity in Fujairah has seen explosive growth in the recent years. Supported by the government who creates a favorable investment climate and growth of the region’s bunkering and oil trading sector Fujairah now has over > 10MM³/63 million barrels of crude and oil storage capacity.
Along with the rest of the bunker market, Fujairah faces a major transition with the upcoming tightening of global bunker fuel specifications. The post-2020 forecast sees a significant increase in the share of MGO and blended distillates /residual fuels with a corresponding decline in high Sulphur fuel oil. This will require a major transition in Fujairah’s bunker market in terms of infrastructure, equipment, storage, blending, trade flows and demand patterns.
An interesting switch, definitely for a hub that is still quite new and has been investing a lot lately. Question is whether they (along with the other major hubs) are prepared for the IMO 2020 Sulphur cap and have been investing with this policy or similar environmental vision in mind the past couple of years.
| Tank Storage Availability Worldwide | ||||
| Capacity (m3) | Product | Location | Available from | Enquire for Storage |
|---|---|---|---|---|
| New | ||||
| 5,000 | Vegoils / Chemicals | East Coast UK | Now | Click here |
| 10,000 | Biodiesel | ARA | Q3, 2019 | Click here |
| Belgium – The Netherlands | ||||
| 567,600 | Diesel / Gasoil | ARA | Now / Q1, 2019 | Click here |
| 159,400 | Light Ends | ARA | Now / Q1, 2019 | Click here |
| 7,900 | Chemicals | ARA | Now | Click here |
| 8,500 | Chemicals | ARA | Q1, 2019 | Click here |
| 7,000 | Chemicals | ARA | Q3, 2019 | Click here |
| 4,700 | Vegoils | Inland | Now | Click here |
| 11,400 | Vegoils | ARA | Now/Q1, 2019 | Click here |
| 55,000 | Dirty Petroleum Products | ARA | Q2, 2019 | Click here |
| North Europe | ||||
| 460,000 | Diesel / Gasoil | North Europe | Now | Click here |
| 18,000 | Diesel / Gasoil | North Germany | Q1, 2019 | Click here |
| 5,927 | Chems | Inland Germany | Now | Click here |
| 18,500 | Diesel / Gasoil | Inland Germany | Now | Click here |
| 30,000 | Light Ends | West Coast UK | Now | Click here |
| 83,000 | Diesel / Gasoil | West Coast UK | Now | Click here |
| 13,000 | Various Products | West Coast UK | Now | Click here |
| 660,000 | Crude | West Coast UK | Q2/Q3, 2019 | Click here |
| 360,000 | Diesel / Gasoil | West Coast UK | Q2/Q3, 2019 | Click here |
| 14,000 | Various | East Coast UK | Now | Click here |
| 15,000 | MGO / IFO | East Coast Scotland | Now | Click here |
| 100,000 | Light Ends FP<60 | Ireland | Now | Click here |
| 200,000 | Crude | Ireland | Now | Click here |
| 4,500 | Various | Denmark | Now | Click here |
| 10,000 | Vegoils / Chems | Denmark | Now | Click here |
| 380,000 | Diesel / Gasoil | Denmark | Now | Click here |
| 100,000 | Dirty Pet Prods | Denmark | Now | Click here |
| 37,079 | Dirty Petroleum Products | Sweden | Now | Click here |
| 203,000 | Diesel / Gasoil | Sweden | Now | Click here |
| 12,500 | Vegoils | Sweden | Now | Click here |
| 15,000 | Jet | Sweden | Now | Click here |
| 20,000 | Diesel / Gasoil | Norway | Now | Click here |
| 391,000 | Diesel / Gasoil | Finland | Now | Click here |
| 4,000 | Chemicals | Finland | Now | Click here |
| 48,000 | Light Ends FP<60 | Lithuania | Now | Click here |
| 140,000 | Crude | Estonia | Now | Click here |
| 97,000 | Diesel / Gasoil | Estonia | Now | Click here |
| 73,000 | Light Ends FP<60 | Estonia | Now | Click here |
| 200,000 | Crude | Baltics | Now | Click here |
| 23,500 | Light Ends FP<60 | Latvia | Now | Click here |
| South Europe | Mediterranean | Black Sea | ||||
| 17,700 | Various Products Products | Portugal | Q3, 2018 | Click here |
| 40,000 | Chemicals | East Spain | Q2, 2019 | Click here |
| 400,000 | Crude | Spain | Now | Click here |
| 130,000 | Biodiesel | Spain | Now | Click here |
| 56,000 | Various | NW Spain | Now | Click here |
| 23,000 | Vegoils/ Chems | South Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | South Spain | Now | Click here |
| 317,000 | Light Ends FP<60 | East Spain | Now | Click here |
| 110,000 | Diesel / Gasoil | East Spain | Now | Click here |
| 70,000 | Diesel / Gasoil | East Spain | April, 2018 | Click here |
| 80,000 | Diesel / Gasoil | East Spain | Now | Click here |
| 20,000 | Dirty Petroleum Products<60 | East Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | East Spain | Now | Click here |
| 5,000 | Chems | North France – Inland | Now | Click here |
| 2,000 | Chems | South France – inland | Now | Click here |
| 220,000 | Crude | France | Now | Click here |
| 60,000 | Diesel / Gasoil | NW France | Now | Click here |
| 6,000 | Chemicals | NW France | Now | Click here |
| 10,000 | Vegoils / Chemicals | NW France | Now | Click here |
| 4,000 | Light Ends FP<60 | NW France | Q2, 2019 | Click here |
| 150,000 | Diesel / Gasoil | East Med | Now | Click here |
| 300,000 | Crude | East Med | Now | Click here |
| 10,000 | Chems / petroleum prods | Croatia | Now | Click here |
| 7,500 | Chemicals | NE Italy | Now | Click here |
| 15,000 | Diesel / Gasoil | NE Italy | Now | Click here |
| 12,000 | Light Ends FP >60 | NW Italy | Now | Click here |
| 30,000 | Various Products | NW Italy | Now | Click here |
| 8,000 | Chemicals | NW Italy | Now | Click here |
| 46,000 | Diesel / Gasoil | NW Italy | Now | Click here |
| 7,000 | Molasses | NW Italy | Now | Click here |
| 9,900 | Gasoline | Albania | Now | Click here |
| 30,000 | Light Ends FP<60 | Georgia | Now | Click here |
| 100,000 | Dirty Petroleum Products | Georgia | Now | Click here |
| 45,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 30,000 | Light Ends FP<60 | Ukraine, Danube | Now | Click here |
| 12,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 5,000 | Vegoils / Chems | Ukraine, Danube | Now | Click here |
| 120,000 | Light Ends FP<60 | SE Turkey | Now | Click here |
| 45,000 | Dirty Petroleum Products | SE Turkey | Now | Click here |
| 12,000 | Vegoils | Illichevsk | Now | Click here |
| 5,000 | Chems | SW Russia | Now | Click here |
| 20,000 | Methanol | SW Russia | Now | Click here |
| Africa | ||||
| 14,200 | Chems, excl. acids | Egypt | Now | Click here |
| 6,000 | Vegoils / Chems | Egypt | Now | Click here |
| 10,000 | Diesel / Gasoil | Egypt | Now | Click here |
| 2,000 | Chemicals | Kenya | Now | Click here |
| 20,000 | Chemicals | Tanzania | Now | Click here |
| 55,000 | Light Ends FP<60 | Ghana | Sept, 2017 | Click here |
| 10,000 | Gasoline | South Africa | Now | Click here |
| 10,000 | Diesel / Gasoil | South Africa | Now | Click here |
| 2,200,000 | Crude | South Africa | Now | Click here |
| Middle East | ||||
| 100,000 | Various Products | Gujarat, India | Now | Click here |
| 97,600 | Chems | Gujarat, India | Now | Click here |
| 15,000 | Bitumen | Gujarat, India | Now | Click here |
| 100,000 | Diesel / Gasoil | Gujarat, India | Now | Click here |
| 884,200 | Various Products | UAE | Sept, 2017 | Click here |
| 172,000 | Diesel / Gasoil | UAE | Now | Click here |
| 91,180 | Light Ends FP<60 | UAE | Now | Click here |
| 74,000 | Dirty Petroleum Products | UAE | Now | Click here |
| 35,795 | Chems | UAE | Now | Click here |
| Far East Asia | ||||
| 80,000 | Light Ends FP<60 | South China | Now | Click here |
| 150,000 | Dirty Petroleum Products | South China | Now | Click here |
| 200,000 | Dirty Petroleum Products | North China | Now | Click here |
| 30,000 | Chemicals | Shangdong | Now | Click here |
| 150,000 | Crude | Shangdong | Now | Click here |
| 8,000 | Chemicals | South China | Now | Click here |
| 12,5000 | Chemicals | North China | Now | Click here |
| 250,000 | Dirty Petroleum Products | Gr. Ningbo | Now | Click here |
| 200,000 | Light Ends FP<60 | Yangtze River / East China | Now | Click here |
| 300,000 | Crude | Greater Ningbo | Now | Click here |
| 15,200 | Chemicals | South Korea | Now | Click here |
| 72,500 | Light Ends FP<60 | South Korea | Now | Click here |
| 14,100 | Chemicals | South Korea | Now | Click here |
| 90,000 | Light Ends FP<60 | Malaysia | Now | Click here |
| 34,800 | Vegoils / Chems | Malaysia | Now | Click here |
| 46,000 | Light Ends FP<60 | Singapore | Now | Click here |
| 300,000 | Dirty Petroleum Products | Singapore | Now | Click here |
| 500,000 | Light Ends FP<60/td> | Gr. Singapore | Now | Click here |
| 270,000 | Diesel / Gasoil | Gr. Singapore | Now | Click here |
| 255,000 | Dirty Petroleum Products | Gr. Singapore | Now | Click here |
| North America | ||||
| 70,000 bbl | Biodiesel | California USA | Now | Click here |
| 456,000 bbl | Various Products | Ohio USA | Now | Click here |
| 60,000 bbl | Chems | Pennsylvania USA | Now | Click here |
| 60,000 | Chemicals | New York, USA | Now | Click here |
| 35,000 bbl | Light Ends FP<60 | New York USA | Now | Click here |
| 1,520,000 bbl | Dirty Petroleum Products | New York USA | Now | Click here |
| 2,710,000 bbl | Crude | New York USA | Now | Click here |
| 50,000 bbl | Chems | New Jersey USA | Now | Click here |
| 250,000 bbl | Diesel / Gasoil | New Jersey USA | Now | Click here |
| 50,000 bbl | Light Ends | Washington, USA | Q2, 2019 | Click here |
| 24,000 bbl | Vegoils / Chemicals | Maryland USA | Now | Click here |
| 450,000 bbl | Dirty Petroleum Products | Maryland USA | Now | Click here |
| 280,000 bbl | Dirty Petroleum Products | Virginia, USA | Now | Click here |
| 200,000 bbl | Diesel / Gasoil | Virginia, USA | Now | Click here |
| 120,000 bbl | Various Products | South Carolina, USA | Now | Click here |
| 30,000 bbl | Diesel / Gasoil | North Carolina USA | Now | Click here |
| 85,000 bbl | Light Ends FP<60 | North Carolina USA | Now | Click here |
| 500,000 | Crude | Oklahoma | Now | Click here |
| 100,000 bbl | LPG | New Hampshire, USA | Now | Click here |
| 570,000 bbl | Various Products | Georgia USA | Now | Click here |
| 289,000 bbl | Vegoils / Chemicals | Georgia USA | Now | Click here |
| 20,000 bbl | Vegoils / Chemicals | Florida USA | Now | Click here |
| 178,000 bbl | Chemicals | Louisiana USA | Now | Click here |
| 600,000 | Various Products | Louisiana USA | Q3, 2018 | Click here |
| 380,000 bbl | Various Products | Texas, USA | Now | Click here |
| 238,000 bbl | Dirty Petroleum Products | Texas, USA | Now | Click here |
| 660,000 bbl | Chemicals | Texas, USA | Now | Click here |
| Central & South America | ||||
| 350,000 bbl | Crude | Bahamas | Now | Click here |
| 190,000 bbl | Various Products | Puerto Rico | Now | Click here |
| 553,000 bbl | Light Ends FP<60 | Colombia (Caribbean) | Now | Click here |
| 7,500 bbl | Vegoils<60 | Colombia (Caribbean) | Now | Click here |
| 250,000 bbl | Dirty Petroleum Products | Panama (Atlantic) | Now | Click here |
| 9,000 | Dirty Petroleum Products | Argentina | Now | Click here |
