Volume: 12
Issue: 7

Published:
December 19, 2016

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


Storage for the inland energy markets

A strong economy and a growth in development projects in Kenya has provided the ideal platform for Vivo Energy Kenya to expand its storage offering. A surge in demand for diesel and petrol products driven by a blossoming economy has spurred Vivo Energy Kenya to expand its midstream assets to reac...


Tough times ahead for oil

As the oil markets start to slowly rebalance, the 2016 World Energy Outlook says a new period of price volatility could be on the horizon as supply and demand economics seek an equilibrium Despite a fairly tumultuous year for oil markets, there are clear signs that the market is slowly rebalancin...


Marine fuel suplhur limit: a signficant change for all supply chain players

A landmark decision to significantly reduce the sulphur content of bunker fuel by 2020 presents an unprecedented change for refiners and will significantly affect all links in the supply chain. The International Maritime Organisation’s (IMO) agreement to implement the global sulphur cap of 0.50%...


An appealing energy storage solution

One of the largest facilities on the US East Coast reveals how it is looking at alternative energy storage to maximise its attractive business offering United Riverhead Terminal boasts several impressive features that have ensured its success since it was bought four years ago. The facility, loc...


Africa: a growing clean product short

As demand for product grows across Africa, coupled with an aging refinery infrastructure, Energy Aspects’ James McCullagh considers how this will impact the continent’s tank storage sector To understand the factors influencing African tank storage infrastructure, it is necessary to examine pr...


Inspection and maintenance failures crucial in West Virginia chemical leak

The final US Chemical Safety Board report into the Elk River chemical spill reveals lessons to be learned by water companies and local authorities Freedom Industries’ failure to inspect or repair corroding steel tanks contributed to the leak of hazardous chemicals into the Elk River, which resu...


New beginnings in tank storage

Contanda Terminals – formerly Westway Terminals – explain how their new name supports their ambition to significantly increase their petrochemical and hydrocarbon storage portfolio With a new name comes new opportunities to grow into flourishing product markets. Contanda Terminals, the new n...


Welding: from hours to minutes

A custom-made welding machine has allowed Great Basin Industrial to complete projects in colder climates - with impressive results. The company approached Koike Aronson, Ransome to adapt their automated electro-gas welding machines for field erected tanks with enhanced safety features as well as th...


Digitalisation: the future for tank storage

Holistic automated processes are essential for storage operators to offer customers greater flexibility and a greater competitive advantage in a volatile price market In this ever volatile pricing market, the role of digital technologies to accelerate established processes and incorporate greater...


Evolving into steel solutions for storage tanks

At the start of 2016, Madesta was awarded a contract to supply fully prefabricated steel plates for the construction of three A1 jet fuel tanks at 2,300 m3 each at Larnaca airport, Cyprus. Due to tight schedules all plates were containerised and shipped to the final destination using just in time s...


Protecting your storage tanks from the inside out

The importance of corrosion prevention in storage tanks, whether internally or externally, should not be underestimated. Storage tanks, particularly bulk liquid storage tanks, are subject to some of the harshest conditions of any industrial asset. As a coatings manufacturer it is important that the...


Transforming operations with the industrial Internet of Things

The Industrial Internet of Things (IIoT) has the potential to transform every facet of tank storage operations as the market moves towards more process-driven digitalisation. IIOT harnesses data, data analytics and big data analytics and applies it to streamlining industrial plant processes, making...


Meeting the challenges of lifting tanks

The days of trial and error have passed and safety is of upmost importance. In 1982 it was a challenge just trying to convince clients to lift a storage tank for repairs. But where are we in 2016? Almost in the same place – convincing clients or their engineers that placing some plaster idea on ...


Getting your arms around funcation safety

If you manage a process plant, your workforce may be about to come to you with news of the release of the new (second) edition of IEC 61511, the standard for instrumented protection systems. Although compliance with this standard is not a legal requirement, it is the accepted benchmark of good prac...


Africa: is it worth the risk?

With political uncertainty, transactions taking 3-4 years to close and trillions of dollars in investment being deferred, Africa may represent opportunity, but can this be turned into reality? Margaret Dunn reports ‘Africa Rising’ was a term coined to describe the rapid economic growth in sub...


An active expansion and investment market

A shift in fund structures may not have meant much before – but the industry is now taking note of the fact that investors are increasingly interested in allocating funds to the storage market. During the 2016 Tank Storage Germany conference, delegates learnt how infrastructure investment is foc...