Volume: 6
Issue: 2

Published:
March 19, 2010

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


StocExpo sell out

For a business that works with chemicals, oil products and renewable fuels, a drop in fuel demand, a downturn in the chemical and refining sector and a stagnant biofuels market may have proved disastrous. But the industry is still going strong and it’s proving to be a great time to be in the ...


An end to Buncefield?

The explosion and fire at the Buncefield oil storage terminal on 11 December 2005 was thoroughly investigated by a Major Incident Investigation Board (MIIB) chaired by Lord Newton of Braintree. The MIIB published a total of eight reports which dealt with all aspects of the incident. Industry an...


Are we dying for new legislation?

Flixborough, Bhopal, Piper Alpha, Toulouse and Texas City – all are well-known to those on major accident hazard sites within the chemical industry. Each one resulted in fatalities and injuries, environmental damage and destruction to buildings and the businesses involved. Undoubtedly, the li...


No R&R for ARA

Demand for chemicals and petrol may still be down, but the storage industry is standing strong. Key players are adapting to market conditions by expanding in strategic locations, using swing tanks and implementing risk prevention measures. Many consider storage terminals to be a recession-proof...


Vesta: a new name in oil storage

One of the world’s largest energy traders Mercuria takes its name from Mercury, the god of trade. So when it came to renaming some of the company’s assets Vesta was the logical choice – the goddess of home and family. The name Vesta, introduced in March, covers all of Mercuria’s storage a...


Tank terminal update Europe

Tank Storage magazine takes a look at recent terminal or tank farm construction, acquisition or expansion projects in mainland Europe.


Flying a little further

Some equipment suppliers are feeling the squeeze in today’s economy. Is aircraft refuelling a target market worth exploring? Global airport investment is around $50 billion (€36.8 billion) a year of which an estimated $1 billion is spent on airport fuel systems. There are three main centres...


Safety first for LNG storage

Liquefied natural gas (LNG) is an extremely cold, odourless, nontoxic, non-corrosive substance that is transported and stored at low pressure. As long as it is contained within appropriate tanks and piping it poses very little danger to anyone. No incident has been directly related to LNG tank ...


Fire hazard management training

One of the biggest challenges facing HSE personnel, fire safety managers and emergency responders at terminals is the implementation of a relevant, justified and cost-effective fire and explosion hazard management (FEHM) policy. Whatever the size of facility and operating environment, adopting ...


Reaching new heights

Building a tank on an island brings with it some unusual challenges including strict custom regulations. Undertaking storage tank repair and maintenance work in the South Atlantic could be perceived as high risk by some UK companies, but not all. UK-based Redhall Engineering found that it was n...


The new way to build tanks

Traditionally large storage tanks are always fully assembled on site. But by building prefab parts of the floating roof elsewhere the project turnaround time, as well as the associated costs, can be significantly reduced. In April last year Netherlands-based contractor Mercon suggested this approa...


Preparing for the influx of renewable fuels

Legislation affecting renewable fuels is still being updated so terminals and blending facilities must ensure they are aware of the latest regulations affecting the products they handle. The operator should evaluate and establish the following plans. Firstly they need to have a plan for one or mor...


MID – fuelling accurate blending

Addressing the impact of the European Measuring Instruments Directive on biofuels blending.


Floor inspection without the added costs

Tank bottoms are notoriously hard to inspect. A new method removes the need for downtime at the same time as providing repair and maintenance guidelines for tanks.


Insuring against tank downtime

An effective tank management programme is necessary to ensure that tanks continue to operate safely and are inspected and maintained on a regular basis in the most costeffective manner possible. A mixing programme should complement this to minimise deposits that can decrease capacity, cause corros...


The role of alarm annunciators in managing safety

Alarm annunciators are a vital tool in safety management but operator involvement places a limit on the technology’s reliability