Monday 30, 2017 [TankTerminals.com] - Market Brief: Overall Storage Market Analysis. Tank Storage Opportunities: Texas, Louisiana, New York, Philadelphia, Portugal, NW Spain, Belgium.
Overall Storage Market
To summarize, the black (dirty) petroleum products market is the easiest – worldwide there is a lot of available capacity and the rates have seen a steep drop. The volumes are just not there and the economics to ship them on long hauls and many handlings on the way is not working. The clean petroleum products can be split in light ends and distillates.
Contango players have disappeared and the diesel/gasoil activity has dropped. There is no need to store long term if you can sell your product at higher rates today and that is what the terminals have noticed. The volumes for storage have just disappeared and the relatively simple tanks can’t be used for light ends. The most active market is the gasoline and components market.
Traders and producers are still prepared to sign mid/long-term contracts and the availability of such tanks is limited. Rates have seen a slight drop since this is the time to hop and find a better terminal with the tank sizes and performance you want.
Exciting to see what will happen in the last months of 2017. The winner of all is the chemical market. Especially the European specialty chemical market is hot, tanks are quickly filled and rented out at healthy rates. The vegetable oil market is steady and the throughputs healthy. Tanks can be found but no bargains.
| Tank Storage Availability Worldwide | ||||
| Capacity (m3) | Product | Location | Available from | Enquire for Storage |
|---|---|---|---|---|
| New | ||||
| 30,000 bbl | Chemicals / Petroleum products | Louisiana USA | Now | Click here |
| 238,000 bbl | Fuel oil | Texas USA | Q1, 2018 | Click here |
| 1,520,000 bbl | Heavy oil | New York USA | Now | Click here |
| 2,460,000 bbl | Light crude | New York USA | Now | Click here |
| 50,000 bbl | Chems | Philadelphia | Now | Click here |
| 17,700 | Clean prod, chemicals | Portugal | Q3, 2018 | Click here |
| 3,600 | Biofuels, Vegoils, Easy Chems | NW Spain | Now | Click here |
| 3,200 | Easy Chemicals | Belgium | End 2017 | Click here |
| 6,000 | Easy Chemicals | Belgium | Now | Click here |
| Belgium – The Netherlands | ||||
| 7 – 70,000 | Fuel oil | Antwerp | Now | Click here |
| 50 – 150,000 | Naphtha / Gasoline / Kerosene | Belgium | End 2017 | Click here |
| 5,000 | Diesel / Chemicals | Belgium | Now | Click here |
| 3,700 | Diesel / Gas oil | Belgium | Now | Click here |
| 10,000 | Diesel / Gasoil | Belgium | Q4, 2017 | Click here |
| 15,000 | Diesel / Gasoil | Belgium | Now | Click here |
| 5,000 | Chems no heat | Belgium | Now | Click here |
| 1,400 | Easy Chems | Belgium | Now | Click here |
| 130,000 | Clean Petroleum products | Rotterdam | Now | Click here |
| 60,000 | Gasoline | Rotterdam | Nov, 2017 | Click here |
| 60,000 | Diesel | Rotterdam | Now | Click here |
| 200,000 | Fuel oil | Rotterdam | Now | Click here |
| 5,000 | Chems | Rotterdam | Now | Click here |
| 5,000 | Vegoils/chems | Rotterdam | Now | Click here |
| 5,000 | Chems, s/s heated | Rotterdam | November, 2017 | Click here |
| 7,900 | Vegoil (no heat) | Rotterdam | Now | Click here |
| 20,000 | Gasoil | Amsterdam | Now | Click here |
| 250,000 | Diesel / Gasoil | Amsterdam | Now | Click here |
| 110,000 | Fuel oil / VGO | Amsterdam | Now | Click here |
| 14,000 | LPG | Amsterdam | Jan, 2018 | Click here |
| 2,000 | Chems | Netherlands | Now | Click here |
| 10,000 | Bitumen | Netherlands | Now | Click here |
| 13,000 | Biodiesel | Netherlands | Now | Click here |
| 14,000 | Biodiesel | Netherlands | Now | Click here |
| 7,000 | Bitumen / high flash BPP | Netherlands | Now | Click here |
| 5,900 | Petroleum / Chems (high flash >55c) | Netherlands | Now | Click here |
| 10,280 | Vegoil, Easy Prods | Netherlands | Now | Click here |
| 400 | Products >100c, heating | Netherlands | Now | Click here |
| North Europe | ||||
| 2,487 | Prods FP>60c | Germany, River Rhine | Now | Click here |
| 2,000 | Prods FP>60c | Germany, River Rhine | 2 months notice | Click here |
| 5,100 | Chems/prods, s/s, FP>55c | Germany, River Rhine | Now | Click here |
| 15,000 | Gasoil | Germany | now | Click here |
| 8,000 | Chems / Prods/ Veg / Fuel oil/ Naphtha | West Coast UK | Now | Click here |
| 6,000 | Rubber lined tank | West Coast UK | Now | Click here |
| 2,500 | Vegoil / Easy prod / Marine fuels | West Coast UK | Now | Click here |
| 28,000 | Various prods | East Coast UK | Now | Click here |
| 15,000 | Gasoil | East Coast UK | now | Click here |
| 24,000 | Diesel / Naphtha | East Coast UK | Now | Click here |
| 4,000 | Vegoil / easy chems | East Coast UK | Now | Click here |
| 15,000 | MGO / IFO | East Coast Scotland | Now | Click here |
| 100,000 | Light Ends | Ireland | Now | Click here |
| 2,200 | Low flash | Denmark | Now | Click here |
| 7,000 | Biofuels / Vegs / Easy chems | Denmark | Q4, 2017 | Click here |
| 155,000 | Distillates / Gasoil | Denmark | Q1, 2018 | Click here |
| 12,500 | Vegoils | Sweden | Now | Click here |
| 1,800 | Vegoils | Sweden | Now | Click here |
| 106,000 | Distillates / Gasoil (caverns) | Sweden | Now | Click here |
| 412,500 | Heavy Fuel oil / VGO (caverns) | Sweden | Now | Click here |
| 408,000 | Diesel (caverns) | Sweden | 1 month notice | Click here |
| 24,000 | Distillates | Finland, Kemi | Now | Click here |
| 80,000 | Crude | Estonia | Now | Click here |
| 12,500 | Methanol | Estonia | Now | Click here |
| 34,000 | Gasoline / Diesel / Jet | Estonia | Sept, 2017 | Click here |
| 20,000 | Gasoline / Diesel / Jet | Estonia | Sept, 2017 | Click here |
| 23,500 | Naphtha / Gasoline / Kerosene | Latvia | Now | Click here |
| 4,500 | Bitumen / High Flash Black Products | Latvia | now | Click here |
| 20,000 | Methanol | Latvia | Now | Click here |
| 20,000 | Petroleum Prods (Heated, low flash) | Kaliningrad, Russia | Now | Click here |
| South Europe | Mediterranean | Black Sea | ||||
| 50,000 | Heated tanks | NW Spain | Aug, 2017 | Click here |
| 20,000 | Veg oil / Fertilizers / Easy prods | South Spain | Now | Click here |
| 23,000 | Chems / Veg oils / Easy prods | South Spain | Now | Click here |
| 25,000 | Fuel oil/ VGO | South Spain | Jan, 2018 | Click here |
| 30,000 | Gasoil / Bio Diesel | South Spain | Now | Click here |
| 110,000 | Diesel | East Spain | Now | Click here |
| 100,000 | Light ends / Jet | NE Spain | Now | Click here |
| 121,000 | Clean petroleum products | NE Spain | Now | Click here |
| 17,000 | Clean petroleum products | NE Spain | Now | Click here |
| 7,500 | Chems, heated | NE Spain | Now | Click here |
| 52,000 | Clean petroleum products | East Spain | January, 2018 | Click here |
| 50,000 | Clean petroleum products | East Spain | Q1, 2018 | Click here |
| 5,000 | Easy Chems / Vegoils | NW France | Now | Click here |
| 1,600 | Chems | NW France | Now | Click here |
| 2,000 | Easy Chems | NW France | Now | Click here |
| 5,000 | Chems | North France – inland | Now | Click here |
| 1,500 | Chems | South France – inland | Now | Click here |
| 10,000 | Chems / petroleum prods | Croatia | Now | Click here |
| 7,500 | Chemicals | NE Italy | Jan, 2018 | Click here |
| 15,000 | Gasoil | NE Italy | Jan, 2018 | Click here |
| 20,000 | Diesel | NW Italy | Now | Click here |
| 8,000 | Chemicals | NW Italy | Now | Click here |
| 25-30,000 | Gasoil | NW Italy | Now | Click here |
| 7,000 | Molasses | NW Italy | Sept, 2017 | Click here |
| 22,000 | Vegoil / Diesel (no heating) | Albania | Now | Click here |
| 9,900 | Gasoline | Albania | Now | Click here |
| 20,000 | CPP | Georgia | Now | Click here |
| 200,000 | Crude / DPP | Georgia | Now | Click here |
| 12,000 | DPP / Black Prods | Ukraine, Danube | Now | Click here |
| 33,000 | DPP / Black Prods | Ukraine, Danube | Now | Click here |
| 30,000 | CPP | Ukraine, Danube | Now | Click here |
| 12,000 | Fuel oil (heating) | Ukraine, Danube | Now | Click here |
| 5,000 | Vegoils / Chems | Ukraine, Black Sea | Now | Click here |
| 12,000 | Veg oil/biodiesel | Illichevsk | Now | Click here |
| 5,000 | Base oils / Easy chems | SW Russia | Now | Click here |
| 20,000 | Methanol | SW Russia | Now | Click here |
| Africa | ||||
| 14,200 | Chems, excl. acids | Egypt | Now | Click here |
| 2,000 | Chemicals | Kenya | Now | Click here |
| 12,000 | Chemicals | Tanzania | Now | Click here |
| 6,000 | Easy chems / veg / edible | Egypt | Now | Click here |
| 10,000 | Petroleum products | Egypt | Jan, 2018 | Click here |
| 500,000 | Crude | South Africa | Now | Click here |
| 55,000 | Diesel / gasoline | Ghana | Sept, 2017 | Click here |
| Middle East | ||||
| 20,000 | Easy chems | Gujarat, India | Now | Click here |
| 20,000 | Base oils | Gujarat, India | Now | Click here |
| 15,000 | Bitumen / High flash black products | Gujarat, India | Now | Click here |
| 3,800 | Easy chems | Gujarat, India | Now | Click here |
| 6,400 | Easy chems | Gujarat, India | Now | Click here |
| 100,000 | Various products/tank sizes | Gujarat, India | Now | Click here |
| 60,000 | Gasoil/various | Gujarat, India | Now | Click here |
| 14,200 | Veg oil/ easy chems / cpp | Gujarat, India | Now | Click here |
| 30,000 | Chems/ Ethanol | Gujarat, India | Now | Click here |
| 40,000 | Gas oil / various | Gujarat, India | Now | Click here |
| 3,200 | Chemicals | Gujarat, India | Now | Click here |
| 87,000 | Gasoline | UAE | Sept, 2017 | Click here |
| 11,213 | Easy chems | UAE | Now | Click here |
| 160,000 | Gasoil / fuel oil | UAE | Now | Click here |
| 153,000 | Gasoil | UAE | Now | Click here |
| 140,000 | Fuel oil / gasoil | UAE | Now | Click here |
| 129,200 | Fuel oil / gasoil | UAE | Now | Click here |
| 70,000 | Fuel oil / gasoil | UAE | Now | Click here |
| min 44,000 | Fuel oil | UAE | Now | Click here |
| min 19,000 | Gasoil | UAE | Now | Click here |
| 15,482 | Base oils / easy chems | UAE | Now | Click here |
| 9,100 | Base oil | UAE | Now | Click here |
| 25,000 | Gasoil / Fuel oil / Base oil | UAE | Now | Click here |
| 20,000 | Fuel oil / gasoil / naphtha | UAE | Now | Click here |
| 20,000 | Gasoil / various | UAE | Now | Click here |
| 220,000 | CPP / Gasoline / Diesel | UAE | Now | Click here |
| 74,000 | Gasoil / Fuel oil / Bitumen / Petrochemicals | UAE | Sept, 2017 | Click here |
| 4,180 | Clean prods / Llow Flash Chems | UAE | Now | Click here |
| Far East | ||||
| 80,000 | CCP | South China | Nov, 2017 | Click here |
| 100,000 | Fuels | South China | Now | Click here |
| 200,000 | Fuel oils | North China | Now | Click here |
| 3,000 | Bio/Edible oils | North China | Now | Click here |
| 10,000 | Chemicals | North China | Now | Click here |
| 150,000 | Fuel oil | Greater Ningbo | Dec, 2017 | Click here |
| 300,000 | Crude (heating/jetty 300k DWT) | Shandong | Nov, 2017 | Click here |
| 150,000 | Crude (heating/jetty 120k DWT) | East China | Now | Click here |
| 100,000 | Clean petroleum prods | Yangtze River / East China | Now | Click here |
| 20,000 | Chemicals | Yangtze River | Now | Click here |
| 3,000 | Chemicals (s/s, heating, n2) | Yangtze River | Now | Click here |
| 5,000 | Biofuels | Yangtze River | Now | Click here |
| 10,000 | Chemicals | Greater Ningbo | Now | Click here |
| 10,000 | Chemicals | South China | Oct, 2017 | Click here |
| 5,300 | Chems / Ethanol | South Korea | Now | Click here |
| 6,600 | Chems / Ethanol | South Korea | Now | Click here |
| 2,500 | Light ends (no heating) | South Korea | Now | Click here |
| 38,000 | CPP / Gasoline / Diesel / Jet | South Korea | Now | Click here |
| 38,000 | CPP / Gasoline / Diesel / Jet | South Korea | Now | Click here |
| 50,000 | CPP / Gasoline / Diesel / Jet | South Korea | Sept, 2017 | Click here |
| 148,000 | CPP / Gasoline / Diesel / Jet | South Korea | Now | Click here |
| 90,000 | Fuel oil | Malaysia | Now | Click here |
| 10,000 | CPP / Gasoline / Diesel / Jet | Singapore | Now | Click here |
| 200,000 | Fuel oil | Singapore | Now | Click here |
| 100,000 | Gasoline / jet | Gr. Singapore | Now | Click here |
| 250,000 | Gasoil | Gr. Singapore | Now | Click here |
| 55,000 | Fuel Oil | Gr. Singapore | Sept, 2017 | Click here |
| 70,000 | Gasoil / various | Gr. Singapore | Feb, 2018 | Click here |
| 200,000 | Fuel oil | Gr. Singapore | Jan, 2018 | Click here |
| North America | ||||
| 20,000 bbl | Bio diesel | California USA | Now | Click here |
| 456,000 bbl | Petroleum / Chem / Veg / Bio / Asphalt | Ohio USA | Now | Click here |
| 35,000 bbl | Easy chems/veg oils | Pennsylvania USA | Now | Click here |
| 25,000 bbl | Chems | Pennsylvania USA | Now | Click here |
| 50,000 bbl | Chems | New Jersey USA | Now | Click here |
| 24,000 bbl | Easy chems/veg oils | Maryland USA | Now | Click here |
| 100,000 bbl | Chemicals / Clean prod | South Carolina USA | Oct, 2017 | Click here |
| 24,000 bbl | Gas oil / various | Georgia USA | Oct, 2017 | Click here |
| 50,000 bbl | Gas oil / various | Georgia USA | Oct, 2017 | Click here |
| 155,000 bbl | Gas oil / various | Georgia USA | Oct, 2017 | Click here |
| 289,000 bbl | Easy chems/veg oils | Georgia USA | Now | Click here |
| 20,000 bbl | Easy chems/veg oils | Florida USA | Now | Click here |
| 1,500,000 bbl | CCP / Chems / Base oils | Louisiana USA | Jan, 2018 | Click here |
| 200,000 bbl | Base oils | Louisiana USA | Jan, 2018 | Click here |
| 55,000 bbl | CCP / chems | Louisiana USA | Now | Click here |
| 50,000 bbl | CCP / chems | Louisiana USA | Q1, 2018 | Click here |
| 43,000 bbl | CCP / chems | Louisiana USA | Now | Click here |
| 140,000 bbl | Chemicals | Texas USA | Now | Click here |
| 25,000 bbl | Easy chems | Texas USA | Now | Click here |
| 416,000 bbl | Easy chems | Texas USA | Now | Click here |
| 50,000 bbl | Base oils | Texas USA | Now | Click here |
| 30,000 bbl | Base oils | Texas USA | Now | Click here |
| 110,000 bbl | Chemicals / CPP | Texas USA | Now | Click here |
| 195,000 bbl | Chemicals / CPP | Texas USA | Now | Click here |
| 66,000 bbl | Chemicals / CPP | Texas USA | Now | Click here |
| 43,000 bbl | Chemicals / CPP | Texas USA | Now | Click here |
| Central & South America | ||||
| 340,000 bbl | Chems / Petroleum prods | Puerto Rico | Now | Click here |
| 210-500,000 bbl | Gasoline / crude | Colombia (Caribbean) | Now | Click here |
| 53,000 bbl | Gasoil / Gasoline | Colombia (Caribbean) | Now | Click here |
| 145,000 bbl | Fuel oil | Panama (Atlantic) | Now | Click here |
| 35,000 bbl | Fuel oil | Panama (Balbao) | end July, 2017 | Click here |
| 5,000 | Veg oi / Easy chems / CPP | Argentina | Now | Click here |
| 3,750 | Veg oil / Easy chems /CPP | Argentina | Now | Click here |
| 1,600 | Fuel oil | Argentina | Now | Click here |
