Sign up
Log in Sign up
Tue 14 Dec 2010, 16:32 GMT

Odfjell eyes Rotterdam terminal expansion


Operator says it is evaluating a number of strategic alternatives for its tank terminal in Rotterdam.

Odfjell has revealed that it is currently looking at a number of strategic alternatives for the expansion of its storage terminal [pictured] in the port of Rotterdam.

In a statement the company said: "We intend to grow our tank terminal business further. We have therefore started a process of evaluating various strategic alternatives for our Rotterdam tank terminal, with the objective to secure further growth and enhancement of shareholders’ value."

Investment bank DnB NOR Markets has been appointed as financial advisor to assist the company in this process.

Odfjell Terminals (Rotterdam) B.V. is already one of the largest independent tank storage terminals in Europe. It consists of nearly 300 tanks, ranging in size from 735 to 40 000 cubic metres (cbm). The total capacity of the terminal encompasses more than 1.63 million cbm.

The terminal has five jetties for deep-sea tankers, with a maximum depth of 39.6 ft alongside. There are also 7 berths for short-sea tankers, 14 berths for barge activities and 19 platforms for the handling of road tank trucks. The facility has been operational since 1957.

Netherlands  Rotterdam (NL) 
Houston skyline at night. JuWonOil looking to strengthen with two Houston hires  

Texas-based firm is recruiting a marine lubricants sales executive and a marine fuels and distillates trader.
Lloyd's Register (LR), Seapeak, Kongsberg Maritime and Tunable JDP launch. Four firms partner to trial continuous emissions monitoring on LNG carrier  

LR, Seapeak, Kongsberg Maritime and Tunable will test onboard CO₂ monitoring against engine data and default emissions factors.
Bunker Holding logo. Bunker Holding reshuffles commercial leadership across brand portfolio  

Appointments announced across KPI OceanConnect, Glander International Bunkering and its digital sales operations.
Design Appraisal (DA) awarding ceremony for an LNG carrier design. Lloyd's Register grants design appraisal for wind-powered LNG carrier concept  

Vessel design featuring four Wind Challenger sails moves closer to commercial deployment.
Society for Gas as a Marine Fuel (SGMF) logo. SGMF publishes first ISO-compliant life cycle assessment of methanol as a marine fuel  

Study evaluating 15 production pathways completes organisation’s suite of LCAs covering LNG, ammonia and methanol.
AiP award ceremony for 271,000-cbm LNG carrier (LNGC) design. DNV grants approval in principle for HD HHI’s 271,000-cbm LNG carrier design  

Classification society backs Hyundai’s largest LNG carrier design yet, featuring five membrane tanks and dual-fuel propulsion.
GTT logo. GTT Energy launches new LNG fuel tank design for container ships  

'Next-generation' LNG fuel containment system features 2 barg technology.
Flex Commodities logo. Flex Commodities seeks operator for bunker trading operations  

Candidates should have three to five years of relevant bunker or commodity trading operations experience
Glander International Bunkering logo. Glander International Bunkering seeks bunker trader for Valencia office  

Role open to sales professionals regardless of prior oil industry experience.
Frankie Russ vessel. TB Marine takes over technical management of methanol-ready tanker  

Newbuild MT Frankie Russ is first tanker in Ernst Russ's fleet.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG / LBM / LBG Biofuel Biogas Biomethanol CBM Dual-fuel E-fuel E-methane / e-NG E-methanol Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind



 Recommended