Volume: 5
Issue: 3

Published:
May 28, 2009

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


Kick the tyres before you buy

The recent global financial crisis has created many opportunities in the terminal business. Conducting thorough due diligence and asking the right questions before purchasing a terminal can go a long way in determining whether your acquisition will be successful. The following questions are not all ...


Tank terminal update - US

The US is the world’s third largest oil producing nation, and has the world’s highest rate of fuel ethanol production. The boost in production of liquid fuels has necessitated extra tankage space. Tanks brought on by NuStar Energy’s $400 million (€294 million) construction programme, for e...


Bucking the trend

Buckeye Partners is best known for its 5,400 mile pipeline network across the US providing refi ners, wholesalers, marketers, airlines, railroads, and other commercial end-users with dependable transportation of refi ned petroleum products. In addition to pipeline transportation services, Buckeye ...


US terminals remain cautiously confident

Storage is not immune to the global economic downturn, but nor is it vulnerable in the way that the car manufacturing or luxury goods markets are. Ironic though it is that the current recession began in earnest just as millions of barrels of new tank capacity came online last year. The economics o...


ILTA ignites the industry

As the number of barrels stored in the US rises – almost half a million barrels of oil storage were added at Cushing, Oklahoma, sources reported in April – so does the number of new exhibitors at this year’s ILTA show. In June, visitors to the exhibition will see a total of 44 new companies ...


Alternative floating roof design

For over 50 years aluminium internal floating roofs (AIFR) have been used in storage tanks to reduce emissions, cut fuel loss from evaporation, provide a barrier to airborne contaminants, and improve safety. The traditional skin and pontoon designed floating roofs use tubular pontoons as structura...


Floating roof design

Floating roofs have been in existence for over half a century, providing operators and regulatory bodies a reliable, time proven safety and emission control system. They function by reducing the formation and release of environmentally harmful and potentially explosive volatile organic chemicals i...


Product movement tracking systems

Aterminal operator has very little control over product receipts and there are many factors that can affect the actual amount of product received compared to the amount requested or invoiced. They need a product movement tracking system to accurately measure the physical receipt at any given momen...


Maximising the return on automation investment

With increased customer and internal requirements and expanding government regulations today’s IT project must prove to be a quick return on investment and solve serious business needs. The most important step in improving return on investment is to understand exactly how the current system work...


Exercising extreme caution

One of the side effects of the decision to blend biodiesel into hydrocarbon diesel to form a standard 5% (B5) fuel to ASTM D975-09 and EN 590:2000 specifications, is the potential for the FAME to contaminate other fuels due simply to its one-time presence. Martin Honeybun, a technical team manager...


New twin screw pump for heavy oil duties

Heavy duty fuel oil is viscous and can contain foreign matter that can influence and damage the internals of the pump. Were centrifugal pumps to be used for bulk transfer duties, the process would require substantially higher costs as large motors would be needed to drive the pumps, together with ...


e Terminally successful

The 3 Rivers Terminal, strategically located southwest of Chicago, consists of 17 storage tanks and 15 blend tanks used in the storage, handling and packaging of mainly hydrogen peroxide, but also caustics, amines (a derivative of ammonia), glycerin propylene, glycol and chemical de-icers. of hydrog...


Building momentum in a challenging economic climate

In a deep recession, investment capital tends to be tight. However, tank storage operators and the energy sector in general have to take the long-term view, so there is still plenty of construction underway worldwide in anticipation of growing long term demand. Last year, high energy pricing stimu...


Safe marine access

The same hazards exist when considering safe access to road and rail tankers, as with personnel transfer on marine vessels. These include: • A bridge has to be created between a permanent structure and one that is temporarily visiting the facility • The bridge needs to span a void that could w...