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southern Sweden,” says Jonas Wiklund, CEO of Wibax Group. wibax.com TSA IN VIEW
in February 2019, which aims to leverage the new Antwerp terminal as a fulcrum for Den Hartogh’s tank containers and MOL Chemical Tankers’ deepsea fleet. molchemicaltankers.com SEMGROUP SWALLOWED UP
Energy Transfer and SemGroup Corp have completed their previously announced merger, under which Energy Transfer has acquired SemGroup in exchange for new common units, with SemGroup now delisted from the New York Stock Exchange. The deal is expected to deliver annual run-rate efficiencies of more than $170m. Energy Transfer is particularly pleased to acquire the Houston Fuel Oil Terminal (HFOTCO), owned by SemGroup, which provides it with a strategic position on the Houston Ship Channel; Energy Transfer is currently building a new crude oil pipeline to connect its Nederland terminal to HFOTCO, expected to be in service during 2021. www.energytransfer.com SPOTTING AN EXPORT OPPORTUNITY
Enterprise Products Partners and Enbridge have signed a letter of intent to develop a deepwater crude oil export terminal in the Gulf of Mexico, some 30 nm off Brazoria County, Texas. The proposed facility, in 115 feet of water, will be designed to load crude onto VLCCs at a rate of some 2m bbl per day. The planned Sea Port Oil Terminal (SPOT)
is currently under review by the US Maritime Administration and its construction is subject to obtaining the necessary approvals and licences. “We are very pleased to work with Enbridge to jointly develop a deepwater port in the Gulf of Mexico to support growing exports of US crude oil,” says AJ ‘Jim’ Teague, CEO of Enterprise’s general partner. “We value Enbridge’s expertise and resources as we focus our collective commercial development efforts on making the SPOT project a reality.” enterpriseproducts.com WIBAX READY IN MALMÖ
Wibax has completed a $2.7m remodelling of its Malmö terminal in Sweden (above). The project expanded capacity to 13,300 m3, diversified the range of products handled and improved safety features. It also added a new heating system, interior anti-corrosion paintwork, isolation of certain tanks and new, safer loading facilities. Wibax acquired the Malmö facility in 2014 and it is its southernmost location. It is strategically positioned for deliveries to southern Sweden and Denmark, as well as for the import of various products from elsewhere in Europe. “With the addition of the Malmö terminal, we can now service all of Sweden, and we see new markets here, both for chemicals and bio oils. We are excited about making a serious impact with our own products in Malmö and
The UK Tank Storage Association (TSA) has launched a YouTube channel, which will feature videos showcasing the UK’s bulk liquid storage sector and its role in supporting growth and prosperity. For the launch, the channel displays the Association’s core values and work on behalf of its membership. Additional videos, interviews and much more will be uploaded regularly. “This exciting initiative reflects our commitment to raise awareness of the incredibly important role that our sector plays in supporting growth and prosperity,” says Peter Davidson, executive director of TSA. “The channel will aim to provide a window into our sector and allow us to communicate and connect with a much wider audience.” www.tankstorage.org.uk MODA INVESTS IN INGLESIDE
Moda Midstream has brought 2.4m bbl of new tankage online at the Moda Ingleside Energy Center (MIEC) in Texas and now has 4.4m bbl of capacity at MIEC (pictured opposite) and its Taft terminal, also in Texas. This was due to increase to 7m bbl by the end of 2019 as more tankage came onstream, with a further 5m bbl to come. “We have received strong demand for additional storage and throughput commitments to support our next expansion phase,” says CEO Bo McCall. MIEC is also being expanded through dredging of the Corpus Christi Channel and dock work that will allow Suezmax tankers and VLCCs to call. “We are thrilled to be adding a second VLCC berth at MIEC to give our customers unparalleled optionality,” McCall adds. “MIEC already has the highest marine loading rates and fastest turnaround times of any Gulf Coast crude oil terminal. We are continuing to invest in our waterfront to enhance our capabilities and ensure efficient, safe and reliable loading.” www.modamidstream.com
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