The joint venture terminal being constructed by Stolthaven Terminals and Revivegen Environmental Technology Co. LTD is continuing at pace, with the first phase on track to be operational at the end of 2023.
The location of the new terminal – called Stolthaven Revivegen Kaohsiung Terminal Co., Ltd. – in Kaohsiung Port, Taiwan perfectly positions it to meet growing customer demand for high-quality bulk liquid storage in the region and to introduce more international trade to Taiwan.
It is also ideally located to provide storage to support the transition to more sustainable energy and fuel alternatives, including ammonia for local power generation and green methanol for greener marine bunker fuel.
The first phase, which includes a logistics facility for warehouse and drumming filling services, is expected to open towards the end of this year. And an initial storage capacity of 48,000m3 will be available from early 2024, with construction of a subsequent phase to begin soon after.
“Ultimately, SHRVK will be a one stop shop for customers, providing integrated storage, drumming, warehousing, and distribution solutions for chemical and bulk specialty liquid customers,” said Mark Lim, commercial manager, Stolthaven Singapore and Business Development Manager, Asia.
“And, in keeping with Stolthaven Terminals’ focus on innovation and digitalisation, the facility will be highly automated, placing it at the cutting edge of the industry in Taiwan.”
Stolthaven Terminals president Guy Bessant added: “We are proceeding against a challenging schedule, but we have just celebrated 200,000 hours of construction work without lost time injury (since the project began in late 2022), which is a testament to the combined effort by our local team in Taiwan, project team in Singapore and experts from across our global network.
“SHRVK enables us to increase the reach of the supply chain solutions that we can offer our customers, providing resilience for local manufacturers and global customers who have business in Taiwan or would like to use the terminal as a distribution facility for the Asia Pacific region. The partnership also connects Taiwan to our broad customer base and the integrated ship-to-shore services we can provide in collaboration with our sister companies Stolt Tankers and Stolt Tank Containers.”
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