Volume: 9
Issue: 6

Published:
November 18, 2013

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


Ineos claims victory at the Battle of Grangemouth

‘The petrochemical business at Grangemouth has reached a crossroads. Unless we reform our cost base and secure new gas raw materials the site will close’ Shockwaves were sent through the heart of the UK fuelling industry when Ineos Petrochemicals UK chairman Calum MacLean released ...


New name, old faces

Epic Midstream may be a new name to the storage market, but its team are certainly not lacking in experience. Made up of people with extensive experience gained from working at the likes of Kinder Morgan, BORCO, Vopak, Marathon Oil, First Reserve and Nustar, the midstream investment platform i...


Construction starts at northeast Asia oil hub

Building work officially began on 27 November to create what is to become the ‘oil hub of northeast Asia’ in Korea. The Port of Ulsan is already home to some 21 million barrels of storage capacity, but this is set to increase by an additional 18.5 million barrels. ‘By 2020 our stor...


On the rise

Imports, refining capacity and GDP are all growing in China, leading to a multitude of opportunities for storage operators all across the country Demand for third party liquid storage capacity has grown quickly in China’s coastal provinces over the past decade, driven by the nation...


Intermodal imbroglio

Rail failures in 2013 instigated emergency actions and higher scrutiny from the US and Canadian government, while a new study says pipelines are safer and more reliable. So why are new pipeline projects still being delayed? North American oil booms have popped up in places with virtual...


Safety fast

With the current shale oil boom across North America, ‘safety fast’ really is the best way to describe the ultimate goal of the crude by rail industry In 2012 alone, crude movement by rail more than doubled and in, the last four years, has increased more than 30-fold. Based on Q1/Q2 data...


Taking overfill prevention to the next level

Still using old mechanical pointlevel gauges for overfill prevention? Technology has changed and there are safer, more efficient options available today. The new API 2350 overfill prevention standard combined with IEC 61508 (SIL)- certified continuous level measurement also for the HiHialarm, ...


Ragworm makes waves in the US

The Netherlands-based company Ragworm has set new records by cutting out the entire bottom of a 70m tank into 6m x 2m plates in 100 cutting hours, despite the fact that 50% of the tank was double plated. Two 55,000 psi jet edge-powered Ragworm waterjet cutting systems were used to complete the...


Cutting emissions from 174 to just 2.2 tonnes/year

Oil vapour emissions (OVE) have harmful effects on people and the environment, so selecting a proper internal floating roof to seal up the vapour space to reduce unnecessary loss is critical. One of the internal floating roofs that have been extensively used in oil storage tanks are metalli...


Silicone-free sealing

Atreus Deck and Dome, a business unit of the Austriabased industrial service provider, Kremsmueller Group, has been awarded a contract for the design, manufacture and supply of nine aluminium dome (ADRs) and internal floating roofs (IFRs) for the Socar Aurora Terminal in Fujairah, UAE. Bell...


ATEX 0 certified pumps in demand

The challenge of safely and economically dealing with rainwater and petrochemical spills in ATEX Zone 0 areas is growing, as more stringent monitoring controls come into place for tank storage terminals, particularly in European countries. Certain ATEX Zone I areas within these terminals ha...


Shunts or by-pass conductors... or both?

In 2009, along with the new Recommended Practice API 545, came the requirement for by-pass conductors between an external floating roof (EFR) and tank shell. This is in addition to, and supplements, the historical requirement for shunts. However, operators repeatedly ask: ‘Do we need both sh...


Ensuring contaminationfree fuel

The same fuel contamination problems found in on-engine fuel systems also create problems in storage and dispensing facilities. Fuel problems can be caused by water, dirt, asphaltenes and cold weather if the storage is outside and aboveground. No matter how carefully it is handled, contaminant...


Innovative solutions for oil terminals

Centrifugal pumps have long been the primary equipment of choice to move fluids in and out of oil terminals, tank farms and bulk storage facilities. The use of centrifugal pumps stems primarily from their general suitability, widespread familiarity and low price. Yet the adoption of positiv...


Failing to plan is planning to...

Management consulting firm Systems Navigator gives a fictional example of how it is possible to evaluate over 30 different scenarios in order to find the optimal terminal design before beginning construction. The company uses simulation modeling to minimise construction costs, while ensurin...