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
MARKETS Storage terminal network operators have been lamenting the backwardated oil market and shrinking stockholdings for some time, but their financial performance shows their fortunes really are a mixed bag
OVERVIEW The European tank storage market is reasonably stable, but concerns over the continent’s macroeconomic situation still loom heavy. HCB spoke to some of the region’s biggest players to find out what business has been like
The consortium of Dutch and Australian investors advised by Access Capital has completed the acquisition of the remaining 70% of LBC Terminals from Challenger Infrastructure Fund.
ASIA Partnering with a local specialist is a good way to start when entering the China market but LBC is now going it alone and is making plans to develop its regional network further across the country and in south-east Asia
