Monthly Archives: February 2016
Vopak profits, occupancy post
26.02.16. Royal Vopak posted EBITDA of €812 million in 2015, an increase of 6 percent on the previous year. EBIT also rose 6 percent to €...
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First LNG exports from contigu
25.02.16. LNG vessel ‘Asia Vision’ exported the first LNG from the lower 48 states of the USA on Wednesday 24 February.
Genscape says it...
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OMV to sell Turkish operation
22.02.16. Austria’s OMV is selling its Turkish subsidiary Petrol Ofisi.
The move looks to be driven by OMV’s need to raise cash in the ...
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LBC starts new build
22.02.16. LBC broke ground in February on additional tank capacity at its Botlek terminal.
In line with expanding its jetty capabilities...
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Imports boost Basel
17.02.16. A 31 percent rise in petroleum product imports boosted activity at Port of Switzerland last year.
The umbrella group comprise...
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VTTI outlook positive
VTTI CEO Rob Nijst reckons the outlook for his company is very positive, with strong demand for international storage capacity driven by...
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Direct rail loading at ITC Rub
ITC Rubis conducted its first direct transloading of liquefied gases from vessel into block train at its Antwerp, Belgium terminal in...
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Rubis Terminal posts revenue d
Rubis Terminal’s overall storage revenues edged up by 0.6 percent in the fourth quarter of 2015. Over the full year, consolidated storage...
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Flint Hills to add ethanol ter
15.02.16. Flint Hills Resources (FHR) is moving forward with a project to build its first ethanol terminal in Texas, at Buda. The termina...
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Antwerp bulks up
15.02.16. Liquid bulk volumes at Port of Antwerp finished 6.1 percent up to reach 66.7 million tonnes in 2015.
The volume of oil derivat...
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Hugh Bray to retire
15.02.16. Hugh Bray, executive director of the UK’s Tank Storage Association (TSA) has announced that he will retire at the end of April ...
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Gunvor finalises Rotterdam acq
15.02.16. Gunvor Group has completed its acquisition of the Kuwait Petroleum Europoort refinery in Rotterdam, from Kuwait Petroleum Inter...
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PBF in Plains Philly deal
04.02.16. PBF Logistics LP is buying four refined product terminals in the Philadelphia region from an affiliate of Plains All American P...
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Asphalt sites for Blueknight
04.02.16. A Blueknight Energy Partners subsidiary has acquired two asphalt terminals from Axeon Specialty Products, located in Wilmington...
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Zenith grabs BP Amsterdam site
04.02.16. Zenith Energy has struck its second deal in Europe in a year with the purchase a terminal in Amsterdam, The Netherlands from BP...
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Varo buys out Amsterdam ‘Hyd
04.02.16. Varo Energy has completed its acquisition of Hydrocarbon Hotel (HCH), a product blending and storage terminal in Port of Amster...
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NGL close TransMontaigne GP sa
04.02.16. NGL Energy Partners has completed the sale of its indirect 100 percent stake in TransMontaigne GP to Gulf TLP Holdings, an affi...
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Borealis invests in CLH
01.02.16. Borealis Infrastructure is buying a 24.15 percent stake in Spain’s Compania Logistica de Hidrocarburos (CLH) from Cepsa and Glo...
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Scandinavian upgrade for Inter
01.02.16. Inter Terminals is taking a proactive approach to the continuing oil market contango with a multi-million Euro investment in la...
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Stolt Q4 revenue down slightly
01.02.16. Stolthaven Terminals reported Q4 operating revenue of US$52.2 million, compared with $54 million in the third quarter.
Average...
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Vopak completes Thames Oilport
01.02.16. Royal Vopak has completed the sale of Vopak Holding UK, comprising Vopak’s 33.3 percent stake in the joint venture Thames Oilpo...
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Dos Aguilas off the ground
01.02.16. Dos Aguilas, LLC, a subsidiary of Howard Midstream Energy Partners, plans to permit, construct and operate an open access syste...
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MLP values disconnected from f
01.02.16. Master limited partnership (MLP) unit values have “disconnected from business fundamentals and appear instead to be tracking cr...
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