August 20, 2018 [TankTerminals.com] - Market Brief: Long versus Short Term Contracts: Chemicals. Storage Opportunities: Biodiesel, Diesel/Gasoil, Vegoils, Light Ends (Belgium, North Germany, NW France).
Secure competitive tank storage deals, even if you don’t have the required know-how and time. Learn how.
Long versus Short Term Contracts: Chemicals
For chemicals we witness a growing demand for stainless steel for more aggressive products or high-quality products. The same applies for vapor treatment demand due to stricter emission rules and regulations. These tanks are currently not easy to find and the reason for this is that they are expensive to build and that terminals would normally only agree to build those tanks in exchange for a long-term contract.
So, are long-term contracts easy to conclude? Our business is changing constantly and rapidly: What was shipped in 1,000 mt lots 10 years ago is now being shipped in 3,000 or 5,000 mt lots. New chemicals and oil products are being produced or approved or even mandatory for international transport. Biofuels are up and coming and LPG is being talked about more and more.
As a producer or trader, is it realistic to commit to a tank storage agreement for minimum 10 years? Even a 5-year agreement means a 7-year exposure as you need to allow another 2 years for a terminal to apply for permits and the construction. In 7 years the world can change completely. Therefore, to close long-term contracts can be very challenging unless you have some specific advantages: a connection (pipe-line) to a producer or in the case that the tenant’s supply-chain is completely dependent on the terminal.
| Tank Storage Availability Worldwide | ||||
| Capacity (m3) | Product | Location | Available from | Enquire for Storage |
|---|---|---|---|---|
| New | ||||
| 40,000 | Biodiesel | Belgium | Q1, 2019 | Click here |
| 12,000 | Diesel / Gasoil | North Germany | Now | Click here |
| 4,000 | Light Ends FP<60 | NW France | Q2, 2019 | Click here |
| Belgium – The Netherlands | ||||
| 406,000 | Diesel / Gasoil | Amsterdam | Now | Click here |
| 13,400 | Dirty Petroleum Products | Amsterdam | Now | Click here |
| 118,000 | Light ends FP<60 | Amsterdam | Now | Click here |
| 15,000 | Biodiesel | Amsterdam | Now | Click here |
| 178,000 | Light ends FP<60 | Rotterdam | Now | Click here |
| 7,000 | Chemicals | Rotterdam | Now | Click here |
| 70,000 | Gasoline | Rotterdam | Now | Click here |
| 1,200 | Dirty Petroleum Products | Rotterdam | Now | Click here |
| 135,000 | Diesel / Gasoil | Rotterdam | Now | Click here |
| 19,200 | Vegoils | Inland Netherlands | Q4, 2018 | Click here |
| 4,400 | Light Ends | Inland Netherlands | Q1, 2019 | Click here |
| 5,900 | Various | Inland Netherlands | Now | Click here |
| 10,000 | Vegoils | Inland Netherlands | Q3/Q4 2018 | Click here |
| 13,900 | Chemicals | Belgium | Q3/Q4, 2018 | Click here |
| 78,600 | Diesel / Gasoil | Belgium | Now | Click here |
| 73,600 | Diesel / Gasoil | Belgium | Now | Click here |
| 177,000 | Light Ends FP <60 | Belgium | Now | Click here |
| North Europe | ||||
| 100,000 | Crude | North Germany | Now | Click here |
| 5,927 | Chems | Inland Germany | Now | Click here |
| 18,500 | Diesel / Gasoil | Inland Germany | Now | Click here |
| 13,000 | Various Products | West Coast UK | Now | Click here |
| 30,000 | Gasoline | West Coast UK | Now | Click here |
| 3,000 | Diesel / Gasoil | West Coast UK | Now | Click here |
| 28,000 | Various Products products | East Coast UK | Now | Click here |
| 4,000 | Vegoil / Chems | East Coast UK | Now | Click here |
| 15,000 | MGO / IFO | East Coast Scotland | Now | Click here |
| 100,000 | Light Ends FP<60 | Ireland | Now | Click here |
| 100,000 | Crude | Ireland | Now | Click here |
| 10,200 | Vegoils / Chems | Denmark | Now | Click here |
| 2,200 | Light Ends | Denmark | Now | Click here |
| 285,000 | Diesel / Gasoil | Denmark | Now | Click here |
| 651,000 | Diesel / Gasoil | Sweden | Now | Click here |
| 412,500 | Dirty Petroleum Products | Sweden | Now | Click here |
| 14,300 | Vegoils | Sweden | Now | Click here |
| 7,500 | Light ends FP <60 | Norway | Now | Click here |
| 4,000 | Chemicals | Finland | Now | Click here |
| 324,000 | Diesel / Gasoil | Finland | Now | Click here |
| 48,000 | Light Ends FP<60 | Lithuania | Now | Click here |
| 140,000 | Crude | Estonia | Now | Click here |
| 97,000 | Diesel / Gasoil | Estonia | Now | Click here |
| 73,000 | Light Ends FP<60 | Estonia | Now | Click here |
| 23,500 | Light Ends FP<60 | Latvia | Now | Click here |
| South Europe | Mediterranean | Black Sea | ||||
| 17,700 | Various Products Products | Portugal | Q3, 2018 | Click here |
| 60,000 | Biodiesel | Spain | Now | Click here |
| 56,000 | Various | NW Spain | Now | Click here |
| 23,000 | Vegoils/ Chems | South Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | South Spain | Now | Click here |
| 317,000 | Light Ends FP<60 | East Spain | Now | Click here |
| 110,000 | Diesel / Gasoil | East Spain | Now | Click here |
| 70,000 | Diesel / Gasoil | East Spain | April, 2018 | Click here |
| 317,000 | Light Ends FP<60 | East Spain | Now | Click here |
| 80,000 | Diesel / Gasoil | East Spain | Now | Click here |
| 20,000 | Dirty Petroleum Products<60 | East Spain | Now | Click here |
| 25,000 | Dirty Petroleum Products | East Spain | Now | Click here |
| 5,000 | Chems | North France – Inland | Now | Click here |
| 2,000 | Chems | South France – inland | Now | Click here |
| 220,000 | Crude | France | Now | Click here |
| 40,000 | Diesel / Gasoil | NW France | Now | Click here |
| 19,600 | Vegoils / Chems | NW France | Now | Click here |
| 150,000 | Diesel / Gasoil | East Med | Now | Click here |
| 10,000 | Chems / petroleum prods | Croatia | Now | Click here |
| 7,500 | Chemicals | NE Italy | Now | Click here |
| 15,000 | Diesel / Gasoil | NE Italy | Now | Click here |
| 12,000 | Light Ends FP >60 | NW Italy | Now | Click here |
| 30,000 | Various Products | NW Italy | Now | Click here |
| 8,000 | Chemicals | NW Italy | Now | Click here |
| 46,000 | Diesel / Gasoil | NW Italy | Now | Click here |
| 7,000 | Molasses | NW Italy | Now | Click here |
| 9,900 | Gasoline | Albania | Now | Click here |
| 30,000 | Light Ends FP<60 | Georgia | Now | Click here |
| 100,000 | Dirty Petroleum Products | Georgia | Now | Click here |
| 45,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 30,000 | Light Ends FP<60 | Ukraine, Danube | Now | Click here |
| 12,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
| 5,000 | Vegoils / Chems | Ukraine, Danube | Now | Click here |
| 120,000 | Light Ends FP<60 | SE Turkey | Now | Click here |
| 45,000 | Dirty Petroleum Products | SE Turkey | Now | Click here |
| 12,000 | Vegoils | Illichevsk | Now | Click here |
| 5,000 | Chems | SW Russia | Now | Click here |
| 20,000 | Methanol | SW Russia | Now | Click here |
| Africa | ||||
| 14,200 | Chems, excl. acids | Egypt | Now | Click here |
| 6,000 | Vegoils / Chems | Egypt | Now | Click here |
| 10,000 | Diesel / Gasoil | Egypt | Now | Click here |
| 2,000 | Chemicals | Kenya | Now | Click here |
| 20,000 | Chemicals | Tanzania | Now | Click here |
| 55,000 | Light Ends FP<60 | Ghana | Sept, 2017 | Click here |
| 10,000 | Gasoline | South Africa | Now | Click here |
| 10,000 | Diesel / Gasoil | South Africa | Now | Click here |
| 2,200,000 | Crude | South Africa | Now | Click here |
| Middle East | ||||
| 100,000 | Various Products | Gujarat, India | Now | Click here |
| 97,600 | Chems | Gujarat, India | Now | Click here |
| 15,000 | Bitumen | Gujarat, India | Now | Click here |
| 100,000 | Diesel / Gasoil | Gujarat, India | Now | Click here |
| 884,200 | Various Products | UAE | Sept, 2017 | Click here |
| 172,000 | Diesel / Gasoil | UAE | Now | Click here |
| 91,180 | Light Ends FP<60 | UAE | Now | Click here |
| 74,000 | Dirty Petroleum Products | UAE | Now | Click here |
| 35,795 | Chems | UAE | Now | Click here |
| Far East Asia | ||||
| 150,000 | Light Ends FP<60 | South China | Q1, 2018 | Click here |
| 250,000 | Dirty Petroleum Products | South China | Now | Click here |
| 13,000 | Chemicals | North China | Now | Click here |
| 8,000 | Chemicals | Shangdong | Now | Click here |
| 150,000 | Crude | Shangdong | Now | Click here |
| 12,000 | Chemicals | South China | Now | Click here |
| 250,000 | Dirty Petroleum Products | North China | Now | Click here |
| 300,000 | Dirty Petroleum Products | Gr. Ningbo | Now | Click here |
| 300,000 | Light Ends FP<60 | Yangtze River / East China | Now | Click here |
| 15,000 | Chemicals | Greater Ningbo | Now | Click here |
| 15,200 | Chemicals | South Korea | Now | Click here |
| 72,500 | Light Ends FP<60 | South Korea | Now | Click here |
| 14,100 | Chemicals | South Korea | Now | Click here |
| 90,000 | Light Ends FP<60 | Malaysia | Now | Click here |
| 34,800 | Vegoils / Chems | Malaysia | Now | Click here |
| 46,000 | Light Ends FP<60 | Singapore | Now | Click here |
| 300,000 | Dirty Petroleum Products | Singapore | Now | Click here |
| 500,000 | Light Ends FP<60/td> | Gr. Singapore | Now | Click here |
| 270,000 | Diesel / Gasoil | Gr. Singapore | Now | Click here |
| 255,000 | Dirty Petroleum Products | Gr. Singapore | Now | Click here |
| North America | ||||
| 70,000 bbl | Biodiesel | California USA | Now | Click here |
| 456,000 bbl | Various Products | Ohio USA | Now | Click here |
| 60,000 bbl | Chems | Pennsylvania USA | Now | Click here |
| 35,000 bbl | Light Ends FP<60 | New York USA | Now | Click here |
| 1,520,000 bbl | Dirty Petroleum Products | New York USA | Now | Click here |
| 2,710,000 bbl | Crude | New York USA | Now | Click here |
| 50,000 bbl | Chems | New Jersey USA | Now | Click here |
| 250,000 bbl | Diesel / Gasoil | New Jersey USA | Now | Click here |
| 24,000 bbl | Vegoils / Chemicals | Maryland USA | Now | Click here |
| 450,000 bbl | Dirty Petroleum Products | Maryland USA | Now | Click here |
| 280,000 bbl | Dirty Petroleum Products | Virginia, USA | Now | Click here |
| 200,000 bbl | Diesel / Gasoil | Virginia, USA | Now | Click here |
| 120,000 bbl | Various Products | South Carolina, USA | Now | Click here |
| 30,000 bbl | Diesel / Gasoil | North Carolina USA | Now | Click here |
| 85,000 bbl | Light Ends FP<60 | North Carolina USA | Now | Click here |
| 500,000 | Crude | Oklahoma | Now | Click here |
| 570,000 bbl | Various Products | Georgia USA | Now | Click here |
| 289,000 bbl | Vegoils / Chemicals | Georgia USA | Now | Click here |
| 20,000 bbl | Vegoils / Chemicals | Florida USA | Now | Click here |
| 178,000 bbl | Chemicals | Louisiana USA | Now | Click here |
| 600,000 | Various Products | Louisiana USA | Q3, 2018 | Click here |
| 380,000 bbl | Various Products | Texas, USA | Now | Click here |
| 238,000 bbl | Dirty Petroleum Products | Texas, USA | Q1, 2018 | Click here |
| 660,000 bbl | Chemicals | Texas, USA | Now | Click here |
| Central & South America | ||||
| 350,000 bbl | Crude | Bahamas | Now | Click here |
| 190,000 bbl | Various Products | Puerto Rico | Now | Click here |
| 553,000 bbl | Light Ends FP<60 | Colombia (Caribbean) | Now | Click here |
| 7,500 bbl | Vegoils<60 | Colombia (Caribbean) | Now | Click here |
| 250,000 bbl | Dirty Petroleum Products | Panama (Atlantic) | Now | Click here |
| 9,000 | Dirty Petroleum Products | Argentina | Now | Click here |
| 10,000 | Vegoils / Chemicals | Argentina | Now | Click here |
