EXPANSION The annual HCB roundup of global terminal expansion and construction projects sees refinery closures continuing to cause a structural shift in terminal demand, while nervousness over the future rate of economic recovery is keeping a lid on optimism
MERGERS & ACQUISITIONS It has been another year of switching, swapping, investing and divesting storage terminal assets, with more money pouring in from private investors
Noble Netherlands BV and HES Beheer NV, currently joint owners of Botlek Tank Terminal (BTT), have agreed in principle to transfer Noble’s 50% shareholding to HES Beheer.
The next phase of construction at Botlek Tank Terminal (BTT) is now underway after the Port of Rotterdam signed a contract to begin filling in existing berths.
EXPANSIONS This year’s annual round-up of expansion work at the world’s bulk liquids storage terminals is similar in extent to last year’s and many of the key drivers for growth remain unchanged
Loadtec Engineered Systems has delivered two marine gangway systems to Botlek Tank Terminal (BTT) in Rotterdam. The gangways were custom-designed in order to exploit the maximum potential of the Botlek jetty and provide safe man access to the wide range of tankers and barges visiting the facility.
OVERVIEW In most other markets, it has been customary for a few years now to begin a review with a comment on recessionary factors, but that has not been the case with the terminals sector. Last year was no exception and 2012 is already looking good
