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terminal in bridgeport ct for sale

wondering if magellan was the leadind bidder for the sale of our terminal??

7 days ago by david kasynak of (shell)motiva terminal | Your answer | Read full discussion

Future outlook

Dear Rob,

Are there any reports / articles available on the future developments of tanks (number of tanks or alternatively storage capacities) in (west) Europe. Preferably the expectations for the coming 10 years.

Thank you in advance.

Rik

2 weeks ago by Rik de Boer of BSH | Your answer | Read full discussion

Rob Luijendijk Rik, happy that we could clarify things in our telcon yesterday.

6 days ago | Reply

Oily Water Disposal

We have accumulated oily water that is beyond our Waste Water Treatment facility and would like to know if there is a Terminal that will accept a quantity of around 350,000 Barrels. to store it and treat it. We can workout chartering a ship to do the transportation from our facility to the designated Terminal. We are in Saudi Arabian east coast (Arabian Gulf).

2 weeks ago by Khalid of Saudi Aramco | Your answer | Read full discussion

Khalid Replys can be sent to my e-mail: khalid.zahrani.2@aramco.com or directly by calling me on +966504850778 (mobile).

2 weeks ago | Reply

Rob Luijendijk Please note our personal mail to you.

2 weeks ago

asphalt Terminals

We are a tank cleaning company that would like to utilize this site to get access to every available terminal in the united states that stores asphalt grade materials

2 weeks ago by joe spell of Supremeplantservice.com | Your answer | Read full discussion

Rob Luijendijk To learen more about the various ways to access our database, please visit www.tankterminals.com/about_us.php and refer to section 'Subscriptions'.

2 weeks ago | Reply

Shell Canada

I am wondering what capacity Shell has for products at their former Montreal East refinery, they have converted to a tank farm.

2 weeks ago by Alan Crossley of Osprey Capital Partners | Your answer | Read full discussion

Rob Luijendijk We regret to advise you that we currently do not have an answer to this question. We will forward this question to our North American office. We will advise you once we know the capacity.

2 weeks ago | Reply

Storage capacity

What is the crude oil storage capacity in the Northern Atlantic / Arctic area?

3 weeks ago by Thordur Gunnarsson of Private | Your answer | Read full discussion

Rob Luijendijk There will be crude storage capacity where 1) crude is explored (found), 2) where there are refineries, and 3) in (big) ports for logistical reasons or trading purposes. This website and its database focus on independent tank storage, storage accessible for third parties. All crude storage prior to the refineries is rarely in the hands of independent operators, virtually always operated by the crude exploration companies and/or the well known oil companies. This is the reason why relarively little information is found in this database. It is not our focus as we are trying to put transparency in the tank storage market that can be used by third parties. Nevertheless, you will find in our database a number of crude storage facilities that offer their services, albeit often on a limited scale, for third party crude storage. You can make a Registration at our website. With that you create a so-called Credit Account (with 100 free credit points) which will allow you to search our database. Once the 100 points are used up you can buy any additional number of points (€ 0.25/point) with a credit card.

3 weeks ago | Reply

Buy Crude

Dear Dir,

We are an petro trading company.
Now we are looking to buy crude.
Please advise if high sea sales or direct refinery contacts


regards,
Vijay

3 weeks ago by Vijay Munni of Hieratic Inc | Your answer | Read full discussion

Rob Luijendijk Please note that we are not in the business of crude oil trading or the trading of any oil commodity for that matter. We only provide information on global crude and oil product terminals through this website, the largest if its kind in the world.

3 weeks ago | Reply

crude oil terminals

Hello I am a student of Gdynia Maritime University. I'm writing a thesis and I am looking for informations: how much is the oil terminal in the world. Statistics, etc.

Where I can find such information?

(sorry for language mistakes)

best wishes

Iwona (Poland)

4 weeks ago by iwona jakubowska of no campany | Your answer | Read full discussion

Rob Luijendijk We estimate that the global tank storage capacity is around 1,800 million m³. Furthermore we estimate that as part of this total a maximum of 400 million m³ is capacity operated as independent/commercial tank storage capacity. Generally speaking, independent/commercial tank storage capacity is the capacity that is not operated by oil companies. Oil company's capacity is called dedicated storage capacity and is generally used for the relevant oil company only. Independent/commercial capacity is also referred to as third party storage capacity. Important to understand is that products stored at independent terminals is never owned by the owner/operator of the terminal, these products are always owned by third parties, the terminal's clients.

4 weeks ago | Reply

Project Cost

Please, what is the cost of the Aberdeen Harbour Tank Farm and Petroleum Loading Depot?

4 weeks ago by Lasbrey Nsiegbe of LND Nsiegbe & Associates | Your answer | Read full discussion

Rob Luijendijk We do not (cannot) provide the cost for making use of the services of any tank terminal listed in our database. That is the prerogative of the terminal owner/operator.

4 weeks ago | Reply

Project Cost

Please, what is the cost of the Aberdeen Harbour Tank Farm and Petroleum Loading Depot?

4 weeks ago by Lasbrey Nsiegbe of LND Nsiegbe & Associates | Your answer | Read full discussion

Tank Utilization

What is the calculation for measuring tank utilization?

2 months ago by Jim Shale of Tesoro | Your answer | Read full discussion

Rob Luijendijk Tank utilization can be measured in various ways; per m³ holding capacity of one or more tanks (filling rate), to the extent that the throughput capacity is used (x cubic meters or x tons in and out of a tank per period), or the financial perforemance in relation to a budget.

4 weeks ago | Reply

oil storage

Could you tell me that which part should the independant storage activities be positioned to? the up, middle stream or down stream? I am confused about that.

2 months ago by Ling Ling of China University of Petroleum | Your answer | Read full discussion

Maria Downstream

2 months ago | Reply

Rob Luijendijk Dear Ling Ling, the independent tank storage industry generaly serves the middle (assuming you mean here heavy fuel oil) and downstream (gasoline, gasoil, diesel, naptha) oil sectors (as well as chemicals, vegetable/edible oil, etc.). However, there are also independent tank terminal facilities that handle crude but this number is small relative to the other two sectors.

2 months ago | Reply

Australian Tank Market Info

Hello
Would you have any information such as a brief overview of the Australian Bulk Storage Tank Market/Industry?
Info like
Size of market
Number of Tanks
Major players
Trends
Growth
Maintenance spend, etc

Thank you

Arthur

3 months ago by Arthur Chapman of NWEC Pty Ltd | Your answer | Read full discussion

Rob Luijendijk Dear Arthur Chapman,

TankTerminals.com provides information about the (independent) tank terminal facilities around the globe. For Australia we have 32 facilities listed in our database. Per terminal we provide details re: physical/digital addresses, names and contact details of key officers, storage capacities, types of tanks, number of tanks, types of products handeled, accessibility, berth information, etc. Google Maps is fully integrated.

You can gain access to this database by making a Registration on our home page. The Credit Account which is obtained thru this registration is initially free of charge and without obligations.

Rob Luijendijk

3 months ago | Reply

Terminal Pricing

Where can I find information on terminal storage pricing? Is there any type of database/website that posts or offers 'market' rates for crude storage?

3 months ago by Steve of Consultant at PFC Energy | Your answer | Read full discussion

Maria Eschbach As far as we know there is no publisher providing such information. The only magazine, to the best of our knowledge, that publishes generic information on rates for oil etc. in major oil hubs is the Petroleum Economist. The January issue of this magazine normally has an article on this matter.
Please see also the following postings in KB: Storage rates in South East Asia www.tankterminals.com and Storage rates in Rotterdam www.tankterminals.com

3 months ago | Reply

Building infrastructure for Liquid storage

Wanted to know the cost break up for building liquid storage tankers in an Indian port?

3 months ago by Chaitanya Adesara of SSPL | Your answer | Read full discussion

Rob Luijendijk Dear Chaitanya Andesara, you mention "tankers". If you refer to tankships, we regret to advise you that we do not have any expertise in that field. Where it concerns land tanks, we are happy to discuss matters with you.

3 months ago | Reply

Reference material

My company is seriously looking into constructing a tank farm. We understand that will need a professional study done. To prepare ourselves in understand and contribute to the planing. We like to know if there are any text references, seminars and or educational periodicals we could subscribe to. Thank you so much for this forum. It is priceless.

3 months ago by Tony Thomas of Bi-Coastal Trading | Your answer | Read full discussion

Joost Smits Our website shows some challenges for oil terminals, mainly focused on the logistics of a terminal. This might give you an idea. However, we do not publish complete design documents.

URL: www.systemsnavigator.com

3 months ago | Reply

Liquid Storage tank facility

I require a 500cm storage tank in Kwa-Zulu Natal, South Africa, PH of 5, product is called Calcium Lignosuphonate - it will be mainly used for local distribution.

3 months ago by Jothi Mundhree of Lignotech South Africa | Your answer | Read full discussion

Maria Eschbach You can check it with Island View Storage Ltd. and Vopak in Durban.

3 months ago | Reply

Tariffs economics

Tariffs for tank terminals is based on what? is it based on throughput? number of days?
please help with this inquiry

3 months ago by Moahmmed ahmed of PSU university | Your answer | Read full discussion

Rob Luijendijk A standard contract form stipulates a fee per cubic meter per annum or another period. These fees normally include a number of throughputs during that same period. If this number of throughputs is exceeded an additional throughput fee applies. If the pre-agreed number of throughputs is not reached, the original fee agreed for this contract remains unchanged. Only excess throughputs are being charged extra. Please see also my answer to Tank Leasing Price question.

3 months ago | Reply

Tank leasing price

Hello, I want to know about how to assign the lease price for a tank? If can tell me where I can find information about prices and pricing structures would be great.

4 months ago by Rubén Jovel of ARF | Your answer | Read full discussion

Rob Luijendijk Tank storage fees are based on supply and demand. In other words, a lot of demand in a tight market leads to high storage fees. Another approach is of course that storage fees are based on operational, financial, overhead costs for a terminal. The total cost (e.g. per annum) divided by the total storage capacity results in (minimum) storage fee per cubic meter per annum. Furthermore, it has to be taken into consideration that not all capacity will be leased out permanently, so a correction for an expected occupancy level applies as well.

3 months ago | Reply

ARA independent tank storage

Can you tell me the the following please:
a) Current capacity of independent tank capacity for CPP (clean products) in i) Rotterdam and in ii) ARA as a whole
b) Planned new CPP independent capacity expected to come onstream in Rotterdam and ARA by 2015?

4 months ago by G Hill of Noble Clean fuels Ltd | Your answer | Read full discussion

Rob Luijendijk a) Current capacity in i) Rotterdam – 8,2 mln m3; Amsterdam – 4,3 mln m3; Antwerp – 3,7 mln m3 and in ii) ARA – 16,1 mln m3. However, these capacities also include the storage of dirty fuel oil, which we estimate for Rotterdam at 40-50%; Amsterdam – 30-40%; Antwerp < 20%.
b) Planned capacity Rotterdam – 965K m3; Amsterdam – 770K m3; Antwerp – 963K m3 and ARA - 2,7 mln m3. Please note that this also potentially includes capacity for fuel oil, expectedly according to the percentages mentioned above.

3 months ago | Reply

FSU storage rates

If possible can you please give me some indication of what the oil storage rates for a 1995 built, double hull VLCC anchored off Pasir Gudang, Malaysia from May 2011 would be.
thank you
Cyrus Mody

4 months ago by Cyrus Mody of ICC - CCS | Your answer | Read full discussion

Rob Luijendijk We are sorry to let you know that we are not familiar with the recent/current rates for storage of oil in VLCC's off the Malaysian coast.

4 months ago | Reply

Pricing strategies of Tank Terminals

Dears,
I hope this finds you will.

Q1:
What is the new trend in terms of pricing in Tanks storage industry?
Is it cost-based pricing or Price-based costing?

As a case:
If a comapny Tank Storage service (owner of tanks) sell to a customer (mafnufactruer of pertochimicals) , how the Tank provider is going to charge the customer? is it based on cost or market price, and if so, what are the basis. It would be much of help if you send me a model , example, broucher or any extra details that would support my research.
Many thanks for you help. And many thanks for this wondrful website.

Best regards,
Edward Fahad
+966554111621

4 months ago by Edward Fahad of PSU university | Your answer | Read full discussion

Rob Luijendijk Edward, thanks for your positive feedback on our website.
Initially, the storage fee would be based on cost-based pricing, also taking occupancy levels into consideration. These calculated fees are then compared with existing fees in the relevant storage market or, if this is absent, estimated on the basis of a virtual supply/demand situation. This latter can also be achieved by discussions/negotiations with potential clients.

3 months ago | Reply

Storage rates in South East Asia

I note that there was a question on how much storage rates in rotterdam are to store fuel and crude oil.

Would you also have the rates for south east asia?

Thank you

4 months ago by Cezz of RHB Investement Bank | Your answer | Read full discussion

Krien According Petroleum Economist the rates are about S$ 5.80/cbm but for next year S$6.50/cbm was indicated. For long term contracts discounts in the range of S$ 0.15-0.25 are offered.

Good luck.

4 months ago | Reply Marked as answer

Cezz Thanks Krien,

Would you have any idea if this varies for crude oil, petrochemical products and fuel?

4 months ago | Reply

Krien Petrochemicals are much more expensive than crude oil or petroleum products. Also the tanksizes differ. The rates mentioned in the article are for crude oil / cpp. All rates change with different conditions, so this average is for a medium long contract and at average throughput, any diversion from that will have an effect on the rates.

3 months ago

Tank Farm Project Cost

What is the average cost and time for construction of a 30,000MT tank farm along with pipeline and jetty facilities? Would it make sense to include bitumen facilities in such a project?

4 months ago by Tsuwa of RtHE Consult | Your answer | Read full discussion

Stefan Dear Tsuma:

It is not an easy answer, and without conducting a study on the required facility, no one would be able to tell you with certainty. Even the price for one single tank can vary a lot i.e. what product would be stored, single or double walled, single or double shell, type of roof, are mixers inside, does it have to be heated, fire fighting equipment ... on top of that, you are mentioning jetty and a bitumen facility. Unless you spend some amount of money co conduct a study, you would not be able to put a budget on it. We are not talking about one single tank but a tank farm.

Hope it helps,
Stefan
www.petro

4 months ago | Reply

Rowland Dicks I agree with Stefan's comments and would like to add a few other dimensions to the discussion. The terrain would affect the total cost as well as the length of pipeline, whilst the size of tank that would meet the proposed client needs is needed to add to the costing protocols. I don't think that there is enough information supplied relating to the question to make any more comments.
Regards
Rowland

  4 months ago via LinkedIn | Reply

Average period of tank cleaning

How many times does the tank need cleaning in a year?

If there is no strict answer for my question, Could you please tell me the average time interval between cleaning a tank?

5 months ago by HY Jang of Nextran | Your answer | Read full discussion

Randy Burton The average interval between tank cleaning for a given year is typically 10 years. However, that could be accelerated if there are particular problems with a given tank or if you change the type of hydrocarbon that you or your client needs to store in such a tank.

Burleson LLP
www.burlesonllp.com

  5 months ago via LinkedIn | Reply Marked as answer

Crude and water

I need to find out about the quantities of both crude oil and water that terminals store at the same time. What is the most free water that can be present in a terminal for storing crude? I am particularly interested in Terminals in the Netherlands and the rest of Europe. Many thanks!

5 months ago by Alexandra Walls of Holmans | Your answer | Read full discussion

J.Veenma, Independent consultant at Veenma Tankterminal Consultancy The amount of water which can be present in a tank that stores crude oil can be anything between zero and a few hundred tons. During loading water can be present in the cargo loaded.
So after discharging the cargo at the storage terminal they will receive this water in their storage tank.
When the ship discharges to the shore tank samples are taken from the cargo received by the terminal and in the laboratory one can define the amount of water and sediments received.

5 months ago | Reply Marked as answer

Tank Farms in USA

Are statistics available on the number tank farms/tanks in the US by region?

5 months ago by Eric Forssell of Hughes Associates | Your answer | Read full discussion

Rob Luijendijk, TankTerminals.com TankTerminals.com database includes all US terminals that have significance for international trade and transport. This also means that the smaller hinterland terminals that are used for distribution purposes are not included. All terminals for the US are listed on a state-by-state basis and could be searched as such. Through our map search terminals that are visible in a zoomed section of the map could be selected. All search results could be exported to an Excel summary. We believe that these functionalities fully meet your requirements. If you have any further questions, please contact us again.

5 months ago | Reply

Buyer and sellers of petroleum

Can you indicate whether the independent tank terminal owers buy and sell crude, D2, diesel, jet fuel etc. If so can I get a list of them

5 months ago by Carl Pilgrim of Hrcslu Enterprises LLC | Your answer | Read full discussion

Rob Luijendijk, TankTerminals.com Pure INDEPENDENT terminal operators do not sell or buy products. These companies only store products on behalf of third parties. These might be traders in oil products, but can also be producers and end users. However, there are also terminals that are owned by oil traders, but often these terminals are operated by a separate subsidiary. The focus of TankTerminals.com are the independent storage providers.

5 months ago | Reply

Crude terminal pricing in Bakken region

How can I find pricing for services (storage, blending, etc.) for crude terminals in the Bakken region in the US?

5 months ago by Josh S of JS Consultants | Your answer | Read full discussion

Maria Eschbach of TankTerminals.com The Bakken terminals are serving the oil fields in the region and are not listed in our database as they can not be qualified as independent terminals. For pricing indication you need to approach those terminals directly.

5 months ago | Reply

Tank building

What is according to you the most efficient way to build above ground storage tanks - How do you see the trends towards jacking systems to elevate new tanks?
What prevents manufacturing companies to use onsite decoiling equipement for the erection of the tanks?
Thanks

5 months ago by Jean-francois of Consulting | Your answer | Read full discussion

Cos Operating Tanks with Product Blending Capability

Do you know how to access a list of Companies operating in the U.S. that have crude and finished product blending capabilities?

5 months ago by Fred Williams of Aspen Technology | Your answer | Read full discussion

Maria Eschbach TankTerminals.com terminal database provides data on crude and product terminals worldwide. You can register and use 100 free credits to see what it offers. However, the database doesn't specify if the terminal has blending capabilities. I wouldn't know of any other source that would do. I have checked OPIS (www.opisnet.com but it seems they don't list it, too.

5 months ago | Reply

How to build the tanks in 6 days?

Video answer is provided by MERCON: Vopak Vlaardingen - 2nd 5000 group
www.youtube.com

 5 months ago by Maria Eschbach of TankTerminals.com via LinkedIn | Your answer | Read full discussion

Asphalt Terminal Storage

Who would I contact to find asphalt terminals for sale in North America?

5 months ago by jerry wojcik of Henry Company | Your answer | Read full discussion

Rob Luijendijk Dear Jerry, PortStorage Group is not engaged in this type of business. However, what springs to our mind is that you could be contacting real estate agents in the US. We understand that there are agents that are specialised in tank terminals in general, perhaps also in asphalt terminals. Success.

5 months ago | Reply

Storage rates in Rotterdam

Im trying to find price guide or price break down how much it costs to store Fuel or Crude oil in Rotterdam tanks storage per 1 Metric Ton.
1 day
1 week
1 month

Thanks.

5 months ago by Denis Elis of WTG | Your answer | Read full discussion

frits storage rates for crude per month in Rdam are around € 2,50 per m³, for fuel around € 4,00 per m³.
Rental periods for one day and week do not exist.

5 months ago | Reply Marked as answer

hira euro 4 /m very expensive

4 months ago

Denis Elis Thanks you.

5 months ago | Reply

How easy is it to convert bulk storage containers for use in storing other products?

For instance, if a company was storing large amounts of chemicals and petroleum, but those contracts came to an end, how viable is it to use those containers for ethanol storage?Please do not limit your answer to the above example.

6 months ago by Dave Grothouse | Your answer | Read full discussion

Rob Luijendijk Possible but not necessarily easy. Moreover, a tank container stores about 25/30 m³ which is often not enough for bulk quantities. Important is to clean the tank container to safeguard the integrity of the next product. What plays a role as well is the the type of authorosation of the tank container to carry products with different hazardous properties. Tank containers (like rail tank cars or tank trucks) are used for intermediate storage but usually not for a prolonged period. For bulk storage of liquid storage the services of a tank terminal, some of which have small tanks as well, are the best and safest solution.

6 months ago | Reply

Is there is an average price to purchase storage to own, for e.g. in Houston?

What would be the cost to permanently buy out storage in comparison to the monthly lease for for the same amount?

6 months ago by Kyle Alpern | Your answer | Read full discussion

Mike van Croonenburg There is no average price for the purchase of existing storage facility. For new build there are average numbers where you can calculate with. We are specialists in purhasing existing storage for clients. Discretion and confidentiality is guaranteed. Please contact me for further information and our possibilities.

Mike van Croonenburg
Tel: +31 6 54 722 909
mike@petrolstoragebroker.eu
www.petrolstoragebroker.com

6 months ago | Reply

Looking for data (pref public domain) for vessel loading rates benchmark for bulk liq chem terminals

Avg, top quartile, bottom quartileetc. Lacking this any anecdotal evidence also welcome. Tx

 7 months ago by Thijs Jan Huizer of Huizer Management Inc via LinkedIn | Your answer | Read full discussion

Allen Minitzer work basis 150mt/hour for parcels of 5kt, a little higher for bigger parcels, pretty low compared to CPP.

7 months ago | Reply

Zaid Mohamad most of Chemical terminals are using 6\\\" pipes and then max. loading rate expected is 200mt/h but as Allen said the average is normally 150mt/h ( depends on the ship size below 10k or above), but still for some viscous chemicals like POLYOL and similar products the average rate could be around 100mt/h.

7 months ago | Reply

Alternative product volume measuring

Is there any accurate and economic way of measuring the volume of product in the tank other than manual dipping?

8 months ago by Zee Chua | Your answer | Read full discussion

Rob Luijendijk There are various electronic (actuators, radar guages) on the market. They are accurate but more expensive than manual equipment but they save on labour. These electronic systems are often part of a fully integrated and computerized tank terminal management system.

8 months ago | Reply Marked as answer

How I can review the efficiency of Petrochemical storage capacity?

What determines that I need to add more storage? How I can determine how much?

8 months ago by Hashbal Shahrani | Your answer | Read full discussion

Licensing process for petroleum terminal

How do we begin the licensing process to be a petroleum terminal operation?

8 months ago by Denise Proechel of Yocum Oil | Your answer | Read full discussion

Kasper Castricum Depends on the position of the greenfield terminal operation. Standard: First stage shall be obtaining a permit to construct (EPC) from local authority body, i.e. technical design submitted with environmental and safety studies. Than second stage obtaining the permit to operate (EPO) after local authority commissioning when constructing finished.

8 months ago | Reply Marked as answer

New terminal development in India

Hi, we are looking to develop a 100,000 M3 of tanking for Veg, Pet in east coast of India. We are looking for tanking consultants for the same, for drawing etc. Can you help us?

8 months ago by Aditya Rasiwasia | Your answer | Read full discussion

Paul Verwater We can assist you in many ways. Engineering,
Procurement all the way up to execution. For references please contact our website ad
www.verwater.com

8 months ago | Reply

Aad Bijl Vicoma Engineering is able to help you with the design of your project. Please contact me at: aad.bijl@vicoma.nl

8 months ago | Reply

Percentage of chemical terminals vs oil terminals

How much percentage of chemical terminals around the world when compared to oil terminals?

9 months ago by John Casper | Your answer | Read full discussion

Maria Eschbach Approximately 85-90% oil and 10-15% chemicals of independent storage capacity.

9 months ago | Reply Marked as answer

Terminal Automation

What significance does terminal automation plays in terminals and oil depots?

9 months ago by John Casper | Your answer | Read full discussion

Rob Luijendijk Dear John, please note that there are various "levels" of terminal automation; eg from a relatively simple motor-operated valve to a fully integrated and computerized terminal automation package including administrative functions. In very general terms, terminal automation has a positive effect on personnel requirements, it may enhance the efficiency at a terminal, and, last but not least it may also have a positive effect on safe operations and terminal intergity.

7 months ago | Reply Marked as answer

Feiko Jager Dear John, Rob gave a concise answer to your question. In case you would like to go more in depth, I could help you with my terminal automation experience from Vopak. Please have a look at www.fjjagerconsultancy.nl if this interests you.

8 months ago | Reply

What is % of product loss in Mogas tanks acceptable when stored in Floating roof tanks?

Also what could be the reasons for this losses?

9 months ago by Shriprasad Naik | Your answer | Read full discussion

Allen Minitzer It should be less than 0.1% per month especially if the tank is for product which is not straight from a refining unit into tank.

9 months ago | Reply Marked as answer

Allen Minitzer For what period?

9 months ago | Reply

I found your answer informative about the global mix.

What about the mix between captive and independent storage within the USA?

10 months ago by Donald StPierre | Your answer | Read full discussion

Rob Luijendijk We estimated the global dedicated tank storage capacity (notably refinery storage capacity) on the basis of the global refinery capacity and derived from this number an average front-end storage capacity (crude storage capacity) and an average back-end (the storage capacity required to hold refinery products) on the basis of 30 days front-end crude and 45 days back-end products. We calculated this on a global basis only. We did not do this on a country-by-country basis.

10 months ago | Reply Marked as answer

Can you tell me the exact meaning of the term independent storage?

Does it mean the commercail storage, SPR ,the sum of two storages or another storage? i went to the EIA, and found that there are some difference between the figure you gave and EID did.

10 months ago by Zhen Zhu | Your answer | Read full discussion

Maria Eschbach Independent storage terminals are operated by service-oriented companies that own and operate tank storage terminals purely for third party customers. They do not hold title to any of the product stored in the tanks.

The main characteristics of independent tank storage are:

- The owner of a terminal is in principal a different legal entity from the owner(s) of the product(s) stored;

- The owner of the storage maintains a portfolio of clients; some may be associated companies;

- The terminal owner maintains an independent Profit/Loss account.

As far as we know the EIA publishes the storage numbers for crude oil, ethanol and oil products capacity in operation (excluding idle capacity) and net available shell storage capacity at US terminals and refineries. We publish the total tank storage capacity at the terminals for crude, oil products, chemicals and vegetable oil, including idle capacity as well.

In any way, whichever source you may use, the total storage capacity figures will always vary as it is quite difficult to track down the real situation.

10 months ago | Reply Marked as answer

Latest concepts/techniques in terminalling

What are the latest concepts/techniques in terminalling?

11 months ago by Narendra Nath Mahato | Your answer | Read full discussion

Joost Smits I would say that using simulation modeling in the design and operation of a terminal is a latest concept/technique, but my vision is probably not very objective...

11 months ago | Reply Marked as answer

Feiko Jager There are many developments in terminalling, as in most industries. I suggest that you prescribe to tank storage magazine as it will keep you up to date about the latest from the industry.

11 months ago | Reply

Expectations for 2011

What does 2011 look like for growth and why?

11 months ago by Dale Bohman of FMC Technologies | Your answer | Read full discussion

Rob Luijendijk The general (global) picture is that currently the demand for tank storage capacity outstrips the supply. Obviously this is most apparent in global hot spots: big oil ports, along coast lines of strongly emerging markets but there is a modest but growing demand for storage infrastructure as well in secondary locations. There is a fair number of smaller and local reasons (varying product specifications, shallow ports) that together constitute good reasons for regional storage operations but the global trend is fuelled by 1) the growing global imbalances between product availability and supply and 2) the fact that there are nowadays more players on the supply-side who are all securing strategic positions (= tank storage) along the value chain from production to consumption.

11 months ago | Reply Marked as answer

Hans Vrijenhoef I agree with your sense towards independancy and strategic interest by producers/traders of big bulk products like crude/ fuels etc.
I also sense a trend towards decentralised smalle scale production asking as well for more storage, but rather smaller sized. so for me, independancy and decentralised are key words in the near future.

11 months ago | Reply

What is the percent of independent tank storage vs captive tank storage in the world?

Has it changed in the past 3-5 years?

12 months ago by Chris Ryan | Your answer | Read full discussion

Rob Luijendijk There is no exact answer to your question because there is no clear line between independent and captive storage. Also captive storage capacity is sometimes made available to thrird parties on a temporary basis. Generally speaking however the split is 80% (captive) and 20% (independent). The overall picture is that over the years the independent section has grown faster than the captive section. We expect that this trend will continue.

12 months ago | Reply Marked as answer

What are the common business models for storage terminals/bulk plants?

2. What is a typical cost structure of a storage terminal/bulk plant?
3. What are the key success factors for a terminal/bulk plant player?
4. What other assets are natural assets to co-own with terminals/bulk plants?

12 months ago by Rami Abu-Rmaileh of McKinsey & Company | Your answer | Read full discussion

Rob Luijendijk The high-level answers are:
1. This depends on the main function of the terminal. The basic functions are 1) storage terminals, 2) transload terminals (pipeline terminals) but most terminals combine these two functions in widely varying degrees. The revenue for 1 comes from storage fees plus additional income for extra services (eg heating, transhipment, etc), the revenue for 2 is often related to quantities transloaded (eg from pipe to ship, RTC to ship).
2. Main cost items are personnel, maintenance, utilities/energy, third-party services (eg tank cleaning), HQSE related cost. Beyond the direct ops cost, depreciation/amortisation is a significant item.
3. Quality services (the right quality for the right price), product integrity, proper housekeeping, environment consciousness, safety.
4. Depends on type of terminal/operations (see 1). Adequate jetty infrastructure, rail/road racks, pipelines, blending/mixing facilities, warehouses/repackaging facilities. A truly independent terminal operates tanks and supporting infrastructures only.

For further and above all more detailed information on terminal capex, opex, management/commercial policies and markets, you can contact Downstream B.V., Rotterdam (www.downstream.nl).

12 months ago | Reply Marked as answer

Emmanuel Polman Importance in the business model is the risk sharing strategy between the private operator and the port authority. The port / terminal institutional model will determine the mutual level of involvement in investments in the land & nautical infrastructure, super structures, tools & equipments, operations, etc. It will determine the financing structure, sources of financing and the future operational expenses etc.
I would be happy to elaborate if you wish.
Please visit my personal page for background:
nl.linkedin.com

skype: emmanpolman
email: emmanuel@resourcement.biz

12 months ago | Reply

What is a rough estimate of the average annual EBITDA/barrel of storage capacity?

And what is the standard deviation to that? For crude and for refined product?

12 months ago by David Kaplan | Your answer | Read full discussion

Rob Luijendijk There is not one correct answer to your question as there are may variables (terminal size, throughput, type of terminals, ops costs, automation, types of products, etc.) that have a significant effect on EBITDA levels. What can be said is that the independent tank terminals industry, notably the oil storage sector, is a profitable activity where EBITDA’s of 40 to 50% of gross revenues are being achieved. However, there are examples where 60+% is recorded but we rather see that as an exception. Currently there is a healthy market demand for (oil) storage, both in the mature as well as in the emerging markets. The chemical storage market is currently slower because of the slacker global market dynamics.

12 months ago | Reply Marked as answer

TankRadar gauge installation

Is it possible to install a TankRadar gauge whilst the tank is in service?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Johan Sandberg Yes, the TankRadar units fist on existing nozzles, man ways or still pipes and can be installed without any hot work or large modifications.

3 years ago | Reply Marked as answer

Brad Yokogawa can provide their award winning VISAOM solution. This is a complete Oil movements management, monitoring and stock tracking system that can integrate will all level transmitters.
The solution also include online mass balancing functionality to assist in identifing either data in accuracies or operational errors such as what occured at the Buncefield terminal.

As with any Yokogawa product it is supported by our global network of support and engineering centers and can provide 24/7 support services.

www.yokogawa.com

7 months ago | Reply

How do you do the inspection of oil storage tanks?

What technology do you use for finding out if oil tanks are leaking?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Captain Leo Kloet Following is the procedure which will be used for a safe and efficient tank inspection program.

1. Tank will emptied and taken out of service. If it is a crude oil tank, it is recommendable to have a sludge reduction program in place e.g. additional mixing and light crude oils.
2. All pipeline connections to the tank will be disconnected and provided with blind flanges.
3. Tank will be cleaned by experienced contractors.
4. After the cleaning and oxygen/gas measurements, a first visual inspection will take place.
5. In case, a coal tar epoxy has been used, this layer has to be removed by blasting. ( N.B. the use of coal tar epoxy is since several years forbidden!).
6. A bottom scan will be carried out via the MFL method. This will a complete scan/inspection of the bottom, including the annular ring area.
7. Also the floating roof will be measured on topside, bottom side, sleeves, welding etc.
8. The thickness of the tankwall will be measured.
9. The roundness of the tank will be measured for an optimal functioning of the seal of the floating roof.
10. There is the possibility to measure condition of the tank bottom while tank is in operational condition with the use of equipment which has been positioned outside the tank. This is called “acoustic emission measurement of the tank bottom”.

3 years ago | Reply Marked as answer

Nigel Richardson TesTex NDT are the UKs leading storage Tank Inspection company. We can give you advise on Tank Inspection to EEMUA159 and AIP653. If needed we would be able to offer you a complete Inspection service.

Please contact me for more details.
nigel.richardson@testexndt.co.uk

6 months ago | Reply

Gauges from different vendors

I have gauges from several different vendors e.g. Enraf, Saab, Whessoe and want to get all the data into a single inventory management system. Can it be achieved?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Malcolm Tennant Yes it can. MHT Technology Ltd offer a range of open, scalable solutions that are designed to interface to any gauge vendor. Their Datacon unit has all the native fieldbuses out of one box; the Datacon is a data acquisition system which can provide multiple host interfaces to a range of systems including an inventory management system, site PLC, or SCADA system all at the same time if necessary.

3 years ago | Reply Marked as answer

Magnetic Flux Leakage (MFL)

Can I use Magnetic Flux Leakage (MFL) to inspect the lap welds as well as the floor plates?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Simon Packer No, Magnetic Flux Leakage is used to inspect the parent plate material for corrosion defects and cannot be used for the lap welds. The most common method of inspecting storage tank floor plate lap welds is by use of a Vacuum Box.

3 years ago | Reply Marked as answer

Implications of REACH

How do I find out more about the implications of REACH on my Terminal Business?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Fraser Eadie The following websites will provide you with a great deal of information on \"REACH\":
- www.reachcentrum.eu
- www.reachready.co.uk
-reach.startpagina.nl

3 years ago | Reply Marked as answer

Throughput calculation

How is throughput calculated?

3 years ago by Tankterminals.com | Your answer | Read full discussion

Frits Ploeg Throughput is the number of times the Total capacity of tankage rented or owned is turned over in a given period of time.

3 years ago | Reply Marked as answer

US Barrels and Cubic Metres conversion

What is the conversion between US Barrels and Cubic Metres?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Rob Luijendijk To convert Barrels to M3, devide barrels by 6.29 (approx). 1 barrel equals 0.158 987 294 928.

3 years ago | Reply Marked as answer

Stratification detection

Hi, we have several tanks where stratification is a problem. Is it possible to buy an instrument that can detect stratification?

3 years ago by TankTerminals.com | Your answer | Read full discussion

Johan Sandberg Some servo operated level gauges have this capability. In particular the Servo Gauge from Enraf has the ability to make a 10 point profile over the height of the liquid. Clearly, the application of such gauges has to be on “clean” products so that the displacer does not become contaminated. When the profile is uploaded to the host system it can be manually viewed as a graph to see if the tank is stratified. In addition a package called VTW from MHT Technology can automatically analyse the profile to give an alarm if stratification is detected.

3 years ago | Reply Marked as answer

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