Volume: 7
Issue: 1

Published:
January 27, 2011

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


Expanding eastwards

Poland was ranked as one of the top 10 fastest growing oil storage markets earlier this year,1 yet there is still only one privately owned tank farm in the country. This is TanQuid Polska’s facility in Radzionków in southern Poland, which manages approximately 7% of the consumption of mineral o...


All doom and gloom?

Economic gloom has been widespread for the last couple of years, and Price Waterhouse Cooper’s (PWC) report Hard Landing 2, published in September 2010, makes it clear that all countries in central and eastern Europe (CEE) face financial problems. Difficulties in obtaining credit have a serious ...


Physical security considerations

Many CFATS regulated facilities manufacturing or storing chemicals in tank farms might be attractive to terrorists. Most of these facilities have submitted security vulnerability assessments (SVA), site security plans (SSP) or alternate security programmes (ASP) to the Department of Homeland Secur...


Forward curves in oil futures markets

The shape of the forward curve drives demand for storage capacity to a great extent. Generally a so-called contango situation with large enough calendar spreads stimulates oil traders to store product whereas a backwardation results in an incentive to lower stocks. It is evident that in both cases...


The terminal of the future

Tanks made of composite material partitioned into different compartments, extensive automation and sustainable energy generated locally which can be temporarily stored in the form of ammonia. These are just some of the ideas which may form the terminal of the future. Trends in energy consumption B...


Minimising spillage during connection

Recent high profile environmental incidents involving spillage of hazardous materials has highlighted the need for reliable couplings. Many companies are still using basic non-valved quick release coupling systems where the risk of spills on inadvertent coupling disconnection are high. Using a dry...


Reliability in closure testing

Although no one can say with 100% certainty that a particular valve will seal completely under all circumstances, what is claimed by manufacturers is that a new valve seals under testing (seat and shell tests) completely at the factory. This statement, usually backed up by the test parameters of A...


Solving a dilemma

Creating mobile loading equipment is not as easy as it may sound. Back in 2007 a company was looking for marine loading arms mounted on carts or mobile mezzanine structures to be deployed on a multiuse/ multi-cargo jetty. The driving force behind the mobility requirement was the absolute need for ...


Automisation revolutionises 3D planning

Planning is the most important factor in the safety of a tank farm. By using an advanced planning system approximately 70% of routine planning work can be automated. The focus can therefore be set on important safety issues, including target’s critical maintenance points. For example, when desig...


Botlek installs new equipment

In March this year the Netherlands-based Botlek Tank Terminal will install a new robust Carbis-designed marine gangway system at its latest terminal in Rotterdam. This is a dual sided system. Each gangway is hydraulically powered and has full remote control for all movement functions. Created by U...


Controlling vapour loss from external floating roof tanks

The main reason for having a floating roof is to reduce evaporation losses. Having said that, the cost of supporting the covers for tanks exceeding 30 metres in diameter is not insignificant. If trussed supports are used the trusses will be very deep. If domed, the fabrication costs may be excessi...


Reducing risk

Proper installation of lightning protection for external floating roof tank systems is critical. The API 545 and NFPA 780-2011 provide authoritative and comprehensive detail on the protection standards for these structures. With the right tools and an understanding of the applicable standards, it ...


Safeguarding assets and reputation

Whilst it is about fi ve years since the explosion at Buncefi eld fuel storage depot physically shook Hemel Hempstead and metaphorically shook the petrochemical industry, the incident was back in the media about six months ago following the fi ning of those companies considered responsible. The pe...


Extending inspection intervals

A release prevention barrier (RPB) is installed in or under an aboveground storage tank and is impervious to the liquid being stored. Its purpose is to divert leaks toward the perimeter of the tank where they can be easily detected as well as to prevent liquid from contaminating the environment. T...


Degassing: solving the regulatory challenges

When operating hydrocarbon storage tanks one of the downsides is dealing with VOC emissions, which can be the result of diurnal temperature swings. However the major source is most likely due to refilling empty tanks or emptying tanks for cleaning or maintenance. VOCs result in unpleasant odours a...


New possibilities

This year’s Tank Storage Asia expo & conference moved to the brand new location of Kuala Lumpur, Malaysia. Despite Singapore being the regional petrochemical hub, Malaysia has the space, strategic location and economics to rival its neighbour. Opening the conference, Aiman Abdullah, general mana...