MARKET Europe’s storage market is ticking along nicely, in spite of adverse macroeconomic conditions across the continent. Meanwhile, terminal operators are waiting to see what the shale revolution in the US will bring to their business
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
TERMINALS VTTI’s terminal network is expanding with ambition, but its drastic improvements made to process safety, preventing spills and enhancing customer satisfaction shows that no attention to detail has been lost in during its growth spurt
ANALYSIS For all the construction work that has gone on elsewhere in Europe over the past few years, the Le Havre-Hamburg range – and the ARA region in particular – remains the pre-eminent storage terminal hub for the continent
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
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
The Port of Rotterdam has selected Shtandart TT BV to build and operate a major new crude oil and products terminal. Shtandart is a joint venture between Russian investment group Summa Capital, which holds a 75 per cent share, and VTTI.