Volume: 8
Issue: 5

Published:
November 26, 2012

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


Marine terminals: the next step in standards & safety

In October the Oil Companies International Marine Forum (OCIMF) published the second phase Marine Terminal Management and Self- Assessment (MTMSA) of its Marine Terminal Information Systems (MTIS) package. Marine Terminal Management and Self Assessment (MTMSA) is a standardised tool for glo...


Tighter controls on chemicals increases compliance challenges

The next landmark for the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) compliance is 31 May 2013. The legislation will bring tighter European controls on the manufacture, movement and use of dangerous or hazardous chemical products. The transport sector for h...


Oiltanking keeps on growing

‘Opportunities in the oil storage market don’t come up every day, so when they do, we grab them with both hands,’ as both Oiltanking Asia Pacific’s president and VP for business development explain Germany-based storage service provider Oiltanking surprised the market in Octobe...


China on the rise

China’s bulk liquid storage sector has seen a big growth in capacity over the past decade amid surging oil imports to meet burgeoning local demand and rising volumes of chemical product imports. The state-backed oil majors are building new storage terminals and embarking on further expans...


Big plans, but what is the reality?

With not all planned projects in Malaysia going ahead, David Hayes looks at the status of the proposed projects across southeast Asia Demand for tank storage in Singapore and Malaysia is expanding as traders build up petroleum inventories to improve their competitiveness in supplying c...


State-run companies look to the independents for storage needs

India’s third party tank terminal market could be about to enter an important expansion phase as government-owned petroleum companies look for storage capacity in new locations to supply the growing demand for vehicle and industrial grade liquid fuel developing across the country. Working...


Jurong Island: breaking ground in the literal sense

With space already tight on Jurong Island, terminal operators are eagerly awaiting news on the region’s space saving initiatives. Tank Storage magazine talks to JTC to find out the latest on its underground rock caverns Singapore’s Jurong Rock Caverns (JRCs), when complete, will pr...


From the track to the tank

Safety is at the heart of the oil, gas and chemical industries. Firms are constantly assessing how to improve the safety and reliability of their equipment to ensure the protection of people, buildings and assets. However, some equipment is often overlooked. Hoses are used for the transfer ...


Making insulation a long term investment

Given the wide range of industrial tank insulation systems and technologies available today, tank owners face the difficult decision of choosing the best solution to meet their needs. Tank owners often naturally default to the lowest insulation bid when purchasing a system, opting for the solu...


Looking to the future

More than 900 attendees, 285 companies, 186 first-time visitors and 80 countries represented made it the biggest EMEA HUG ever This year’s Honeywell Users Group (HUG) had an intergalactic feel as the company literally launched the next generation of its Experion Process Knowledge Sys...


Palm oil lining solutions

Palm oil is an extremely versatile material that we encounter in our daily lives, more often than we might expect. Grown predominantly in the countries of South East Asia, including Malaysia and Indonesia, the list ofuses for palm oil and its derivatives is a long one. From confectionery to...


Layered protection

Critical safety functions, such as emergency shutdowns, need to be kept separate from generic IT solutions to ensure efficient, fail-safe operations Thanks to the prevalence of high performance computing platforms, high-speed communications and impressively large mass storage devices, ...


A problem shared...

This year’s Tank Storage Association Conference in Coventry, UK was again packed up with delegates wanting to hear the latest regulatory, safety and technology updates. Peter Baker, who works for the COMAH Competent Authority (CA) at the HSE, opened the one day event by giving an overview...