• 2018 February 16 16:35

    Royal Vopak expands Vopak tank terminal (JTT) in the Port of Jakarta - Indonesia

    Royal Vopak announces the expansion with 100.000 cbm for the storage of gasoline and biofuels of the PT Jakarta Tank Terminal (JTT), a joint venture company in Indonesia between Royal Vopak and PT AKR Corporindo Tbk (AKR). The expansion will take the total tank capacity of JTT to more than 350,000 cbm, the company said in its press release.

    Strategically located in Tanjung Priok, the main port of Jakarta, JTT serves the import and distribution market in the greater Jakarta region for fuel products.The import of fuel products, particularly gasoline has been rapidly increasing in Indonesia over recent years and is expected to grow further driven by the economic growth of Indonesia and its growing population. The demand for tank storage facilities is expected to increase both with the expansion of gasoline distribution by existing players as with the market entry of new players.

    This expansion will add to the terminal: 8 tanks with a total capacity of 100.000 cbm, for gasoline, ethanol and biodiesel, a vapour recovery unit and additional (in-line)blending infrastructure which will facilitate the customers to comply with Indonesia's Biofuel Blending Mandate regulations.

    The investment fits well in Vopak's strategy to facilitate customers in growing import markets and will strengthen JTT's position as an independent import location for fuels. The expansion is expected to be commissioned in phases from Q1 to Q4 2019.

    About Jakarta Tank Terminal (JTT)
    The terminal has a storage capacity of 251,025 cbm and enables the distribution of oil products in the greater Jakarta area. The facility has been designed and constructed in compliance with the highest Health, Safety, Security and Environmental standards and with high levels of integrated automation.

    Profile AKR
    PT AKR Corporindo Tbk as the local partner is Indonesia's leading supply chain and logistics provider for petroleum products and basic chemicals. AKR brings over 5 decades of experience in operating terminals for bulk chemicals and petroleum products and has an extensive network of logistics facilities. AKR's infrastructure comprises of tank storage terminals with combined storage capacity of 666,000 KL, spread across Indonesia's archipelago in over 15 sea and river ports. PT AKR Corporindo Tbk., is listed on the Indonesia Stock Exchange since 1994.
     
    Profile Vopak
    Royal Vopak is the world's leading independent tank storage company. Vopak operates a global network of terminals located at strategic locations along major trade routes. With a 400-year history and a strong focus on safety and sustainability, Vopak ensures efficient, safe and clean storage and handling of bulk liquid products and gases for its customers. By doing so, Vopak enables the delivery of products that are vital to our economy and daily lives, ranging from oil, chemicals, gases and LNG to biofuels and vegoils. Vopak is listed on the Euronext Amsterdam stock exchange and is headquartered in Rotterdam, the Netherlands. Including its joint ventures and associates, Vopak employs an international workforce of over 5,700 people. As of 16 February 2018, Vopak operates 66 terminals in 25 countries with a combined storage capacity of 35.9 million cbm, with another 3.1 million cbm under development, to be added before the end of 2019.




2018 September 26

14:04 RB-2186 tugboat of Project 16609 built by Pella Shipyard delivered to the customer in the Far East
13:09 CMA CGM announces Rate Restoration Program for services from Asia to the Middle East Gulf
12:32 NIBULON put into operation its first multipurpose T3500 Project tug
12:09 Austal cuts metal on 117m trimaran for Fred. Olsen
11:45 LNG shipped from Yamal LNG project tops five million tons
11:09 International Seaways announces contract to install scrubbers
10:47 Baltic Dry Index is up to 1,450 points
10:30 Brent Crude futures price down 0.12% to $81.16, Light Sweet Crude – down 0.19% to $72.14
10:08 IMO will not delay sulphur 2020 limit
09:51 Port of Riga positioned as an attractive destination for world's major cruise companies
09:39 Arctic Environment Ministers' meeting: Exploring common solutions for the Arctic environment
09:20 Bunker prices continue surging at the Port of Saint-Petersburg, Russia (graph)
09:08 Hansa Heavy Lift moves fully assembled Liebherr cranes from Ireland to the UK
08:07 Jumbo awarded transportation & installation contract in Sergipe, Brazil
07:34 Total increases its share in the Danish Underground Consortium

2018 September 25

18:37 Colombo Dockyard achieves recognition at the Presidential Export Award
18:10 Tersan Shipyard (Turkey) lays down lead crab catching and processing ship of Project ST184 for Arktikservis
17:56 CMA CGM announces GRR from Asia to South Africa
17:36 The Ocean Cleanup chooses Iridium as provider of satellite communications services
17:20 First RITM-200 reactor intended for nuclear-powered icebreaker Ural left for Baltiysky Zavod shipyard
17:06 ABP opens up Humber International Enterprise Park development plans to public
16:57 Shippers suspect sulphur stitch-up
16:29 Kotug Smit Towage performs naming ceremony for tug Southampton
16:20 Portugal joins WISTA International
15:38 Volga Shipping Company named the best in terms of transport security
15:12 Mr. Birkir Hólm Guðnason hired as CEO of Samskip Iceland
14:11 CMA CGM to review sales policy regarding Low Sulphur IMO 2020 Regulation
13:49 NIBULON successfully completed its passenger transportation season
13:11 North Carolina Ports’ terminals resume full commercial operations following hurricane Florence
12:50 Fuel oil prices are going up in the Far East ports of Russia (graph)
12:31 Havila Kystruten selects Havyard to deliver the ship design and extensive equipment package for four new vessels
12:14 European ports welcome Parliament’s explicit support to remove the tax barriers for shore-side electricity for ships
12:01 Long Beach Commission OKs budget for expanded rail yard
11:43 DHT Holdings announces $50 mln scrubber financing
11:32 Nevsky Shipyard takes part in «Marintec Offshore Russia» exhibition
11:00 GTT receives a new order from Samsung Heavy Industries for the tank design of two new LNG carriers
10:55 NYK announces delivery of new wood-chip carrier for Hokuetsu Corporation
10:24 Baltic Dry Index is up to 1,434 points
10:01 Brent Crude futures price up 0.2% to $80.69, Light Sweet Crude – up 0.12% to $72.17
09:38 Yaroslavsky Shipyard lays down oil recovery vessel of Project Р2114 for Transneft
09:15 Audit summary report to be considered by Sub-Committee on Implementation of IMO Instruments

2018 September 24

18:36 DNV GL unveils the complexity of ocean governance in report for the UN Global Compact
18:03 Klaveness Combination Carriers AS announces completion of USD 45.0 million private placement
17:52 Port of Southampton recognised in top 20 under 40 cruise award
17:36 CMA CGM announces GRR from India West Coast to Mozambique
17:03 Metropolitan Plan for Great Newcastle endorses Port of Newcastle vision
16:50 Ust-Luga Container Terminal handles cargo for Nord Stream 2
16:47 Wightlink names its new flagship
16:45 Bomin exits the bunker markets in Singapore and Antwerp
16:43 Hamburg and St. Petersburg strengthen cooperation at the Port Evening
16:33 DNV GL ends operations in Iran by 4th November
16:19 Vladimir Panchenko dredger built by Shipbuilding - Ship Repair Corporation features local content of 90%
16:03 IMO sadness over Nyerere casualty
15:47 Moby Dik terminal starts handling vessels of Sea Connect line
15:33 Wärtsilä inaugurates upgraded EGC test facilities in Norway
15:20 ESPO wants more ambition on harmonisation of data, while maintaining flexibility in reporting systems
15:03 Vinalines to build 2 terminals at $299 mln in Lach Huyen Port
14:46 Port of Antwerp presents smart port of the future at Supernova
14:33 DFDS Seaways raises capacity on route Zeebrugge - Norway
14:18 Feasibility study of concession of state stevedoring companies «Olvia» and «Kherson» presented for acquaintance to potential investors