Volume: 13
Issue: 1

Published:
February 28, 2017

Tank Storage Magazine

Tank Storage Magazine is the leading industry publication dedicated exclusively to the bulk liquid storage industry. It is read by terminal managers, senior engineers, logistics/distribution managers and CEOs within oil, gas and petrochemical facilities as well as third party terminal operators.



Headlines


Niche growth in a competitive market

Despite static demand for refined products, demand for biofuels has increased and is driving business forward for InterTank InterTank continues to flourish within the competitive Scandinavian market and remains a central hub for oil traders as well as transhipment business. Despite the large amo...


Storage momentum in Africa

Puma Energy Africa – one of the largest independent storage companies in Africa – explains how the continent’s growing need for imported products is driving its impressive growth strategy Despite lacking the necessary logistical infrastructure to meet the continents’ growing fuel demand, ...


The dynamic storage sector

Global oil markets are changing rapidly. Markets are specifically dynamic for European players where competitive pressures are highest. In what way will tank storage markets in the ARA region be influenced? How will profitability be impacted for tank terminals operating in the petrol, middle distill...


Mediterreanean downstream dreams

The Port of Tarragona and petrochemical cluster ChemMed explain more about their new strategy to support Mediterranean businesses and promote the region as a trading hub Despite being one of the key fundamentals underpinning global trade, the art of logistics can be a complex matter and needs to ...


Europe: a steady storage market

The state of European oil storage last year could be summarised relatively simply: contango. But the storage market may be a little less predictable over the next 12 months. What will 2017 bring for tank storage in Europe? Vaughan O’Grady reports One year ago oversupply and the low oil price we...


European tank storage - uncertain times ahead

While tank storage will always remain an integral part of the supply chain, the long-term growth of the industry in Europe remains uncertain, writes Ellen Ruhotas Where oil producers have been sweating on oil price fluctuations, storage terminal operators have been rubbing their hands. The market...


The storage evolution

Five storage operators from Europe, the US and the Middle East examine how events from 2016 affected global markets and share their thoughts about what 2017 has in store...


Frangibility of tank terminals

Crucial safety aspect during design, build and maintenance Lots of terminal operators think their tank terminals are frangible but often they are not. There are more aspects involved in frangibility than companies are often aware of.


Activated carbon in vapour recovery units

Recovery of hydrocarbon vapours has been an integral part of fuel loading operations for decades. Since installation of vapour recovery units (VRU) began on a large scale in the 90s, the principle of adsorption on activated carbon followed by regeneration under vacuum has become the best available ...


Testing and applying flame arresters to prevent large terminal fires

Storage tanks in terminals often contain flammable and hazardous chemicals. Accidents resulting from explosion can cause millions of dollars in property loss and production interruption. Buncefield is just one of too many examples. To prevent such catastrophic events flame arresters are just one of ...


Stay afloat using radar technology

The use of tank gauging technology to remotely monitor floating roofs increases safety at terminals More than half of the world’s larger tanks used for storing common petroleum products have floating roofs, and this proportion is likely to rise due to tightening demands for reduced vapour emis...


Static electricity - a dangerous ignition source

Static electricity can be regarded as a difficult subject to grasp, however these case studies give an insight into the reasons why static electricity provides an ignition source for serious fires and explosions that occur during everyday operations involving the handling and processing of flammable...


Firefighting foams - a changing world

This year marks the 12 year anniversary of the Buncefield emergency, seven years since Jaipur, and three years since the Banksmeadow incident in Sydney. All these fires had major impacts on the lives of the people affected by these events, both locally and globally, and each of them required a very ...


Harnessing the latest technology for the highest safety standards

High level real-time communication is one of the key success factors for future fail-safe operations on tank farms. This requires interlinkage between individual electronical devices as well as quick data transfer with the host control system of the tank farm. The newest generation overfill preventi...


Enhancing terminal business performance

Today’s terminal operator is faced with a variety of challenges to remain profitable in an increasingly complex market environment. For operators, efficiently maximising the throughput of the terminal is critical in order to remain as key suppliers to their customers and to be financially success...


The loading arm: an evolution in safety

The oil and gas industry is sometimes seen as something from the Jurassic age, much like the products it deals with, an industry where innovation and development lags behind the superfast digital age. Is this perception true? Alec Keeler, managing director of Loadtec Engineered Systems, begs to di...


On a roll: how Concrete Canvas is making its mark on the storage sector

Originally developed for deployable emergency shelters – a ‘building in a bag’ – Concrete Canvas’ concrete impregnated cloth has had a significant impact on the tank storage sector for its easy application as well as its level of protection. Present in more than 80 countries, including on...


Continuous improvement in tank maintenance

Ongoing and continuous improvement with regards to tank maintenance is key to ensuring that tanks remain as efficient as possible. By employing efficient processes in the field of tank maintenance Verwater makes optimal use of its in-house knowledge and experience in the sector to deploy labour an...


Payback from preventitive maintenance services of vapour recovery units

Vapour recovery units (VRU) are process plants containing mechanical rotating equipment and instrumentation. Experience has taught process plants owners the necessity to service and maintain their process equipment ensuring its flawless operation. Oil terminal operators have realised that VRUs requi...


A revolution in vocational training

Acquiring and maintaining relevant skills is a crucial issue for tank storage companies. The Dutch Association of Tank Storage Companies (VOTOB) developed dedicated training material to upgrade the skills of all employees in the industry, which spurred the creation of the VOTOB Academy The skille...


A modular system for twin screw pumps

The first screw pump developed by Leistritz was in 1924 by founder Paul Leistritz as a main lube oil pump for bearings of steam turbine generator sets. Since then the company, headquartered in Nuremberg, Germany, has expanded its range of products to include twin, triple and five screw pumps. The ...