Volume: 6
Issue: 3

Published:
May 12, 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


Is offshore storage driving prices up?

Last year the use of temporary floating tanks for storage became so popular that even investment banks began chartering ships. Estimates for the number of ocean-going vessels used for storing distillates vary among shipping analysts and brokers, but the total figure, including brand new VLCCs, Sue...


A change in direction

Vopak bought a second terminal in Wilmington, North Carolina, 18 months ago and is looking to develop it into a clean fuels distribution point on the East Coast in conjunction with the site’s existing chemical business. The location of the terminal is strategically placed for the handling of lar...


Ever expanding possibilities

As the financial storm subsides it is time for an evaluation. The storage terminal operator looks at his carbon and stainless steel tanks and sees the structure intact and is happy the orange-brown sprawl of rust has not settled in just yet. He taps the tank and hears a dull thud resonate back to ...


Complying with ISO/IEC 17025

ISO/IEC 17025 provides accreditation for the procedures carried out by laboratories, ensuring consumers that the products are safe. It assures customers that a lab is technically competent and is able to generate technically valid results. ISO/IEC 17025 details all of the necessary requirements fo...


Safeguarding commercial interests

Commodities such as crude oil, distillate fuels and petrochemicals are subject to sensitive commercial transactions with price being determined on quantity and quality. Such demanding trading environments require swift resolution to any disputes and only by engaging in inspection, sampling and tes...


Quality control

FAME and biodiesel are transported, sampled and measured in a similar way to petroleum diesel fuels. However as specifications for FAME have limits on alkali and alkali earth metals, sea water washing is not allowed. Shiptanks are rinsed with extensive fresh water to avoid sodium contamination. Hi...


Securing the tanks

With a total capacity of almost 27,000 m3 of hazardous liquid storage space, Terminals Pty (Terminals) is Australia’s largest independent bulk liquid terminalling company. Terminals, located on Coode Island, one of Victoria’s major bulk liquid storage facilities, receives liquid products by pi...


Corrosion in storage facilities

Wherever fuel is stored or distributed there is a risk of corrosion. Traces of water are often a contributing factor and moisture readily gets picked up by fuel during processing and storage. Certain characteristics in bioethanol make this environment even more susceptible to corrosion, which has ...


API 650 Appendix H revision

In November last year Addendum 2 was issued for the 11th edition of API Appendix H. This added standards for cable suspension systems for aluminium internal floating roofs (AIFRs). API 650 Appendix H Standards are developed from within the Committee on Refinery Equipment (CRE) composed of the subc...


Better safe than sorry

Rim fires in aboveground storage tanks (ASTs) occur every year, frequently caused by lightning strikes. Whereas some of these will be extinguished before they cause major damage a certain number will spread and cause catastrophic destruction. Flammable vapours mixed in certain concentrations with ...


Responding to new lightning protection recommendations

recommendations When lightning struck on or near a petroleum tank at the Magellan Midstream Partners distribution terminal in Kansas City, Kansas, in 2008 the tank, containing approximately 1.2 million gallons of unleaded petrol, caught fire, sending a large plume of smoke across portions of the gr...


Sensor technology for floating roof tanks

Innovative technology now makes it possible to equip floating roofs with their own eyes and ears so they can sense when conditions are not right, when vital components such as seals are not performing satisfactorily, or when it is in danger of sinking. The equipment can also detect rising lower ex...


StocExpo attracts over 3000 attendees

The three-day conference and exhibition, now in its sixth year, was held in Antwerp and was opened by Danny Deckers, senior advisor MPC for the Antwerp Port Authority. Antwerp port is traditionally thought of as a chemical hub so unsurprisingly has suffered from a drop in chemical throughput, Deck...