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) 
Caroline Yang, Diana Mok and Francois-Xavier Accard, IBIA. IBIA appoints three new members to Asia regional board  

Caroline Yang, Diana Mok and Francois-Xavier Accard join the board following unanimous approval.
Reimei vessel. MOL achieves 98% methane slip reduction in LNG-fuelled vessel trials  

Japanese shipping company exceeds target in demonstration trials aboard coal carrier operating between Japan and Australia.
Seaside LNG logo. Seaside LNG expands C-suite with four industry veterans  

Houston-based firm appoints new leadership team as LNG bunkering market projected to reach $15bn by 2030.
International Maritime Organization (IMO) headquarters. ICS calls for swift adoption of global regulatory framework  

Secretary general notes MEPC discussions were constructive, but that many member states were still not in a position to adopt the framework without further changes.
WSC quote on maritime discussions. WSC welcomes 'constructive engagement' on global emissions reduction measure  

The liner industry has invested $150bn in dual-fuel ships, but emissions reductions depend on a global framework, notes WSC CEO.
MEPC 84 session. IMO committee agrees intersessional work to rebuild consensus on emissions framework  

Two meetings scheduled before December session as members seek convergence on mid-term greenhouse gas measures.
Map showing existing and planned Emission Control Areas (ECAs). IMO adopts Northeast Atlantic ECA covering waters from Portugal to Greenland  

New ECA to enter into force in September 2027, connecting existing European zones with Canadian Arctic waters.
Renewable and low-carbon methanol project pipeline chart as of April 2026. Renewable methanol project pipeline reaches 61 MMT as China groundbreakings accelerate  

GENA Solutions reports pipeline growth despite concerns over construction readiness for Chinese projects.
Rendering of a diesel-electric chemical tanker. Berg Propulsion to supply propulsion system for Akdeniz-built chemical tanker  

Turkish shipyard Akdeniz orders diesel-electric propulsion package for an 8,000-dwt vessel destined for Transka Tankers.
Ningyuan Diankun vessel. China Classification Society certifies 740-teu pure-electric container ship  

Ning Yuan Dian Kun features battery-swapping capability and is claimed to eliminate 1,462 tonnes of CO2 annually.




   Fuels & Propulsion

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



 Recommended