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NEWS BULLETIN
TANKS & LOGISTICS
SUTTONS BAGS BOC GIG
Suttons Tankers has won a five-year contract with BOC to provide inter-branch trunking services for the movement of full and empty gas cylinders across the UK. Suttons will invest in 30 new trucks to service the contract, which goes live in April 2021. Suttons will use an 80 per cent dedicated fleet model, with 20 per cent of capacity provided by its wider network. This will allow BOC to use additional trained drivers without over-committing on the core fleet, providing greater flexibility and classleading cost-to-serve metrics, Suttons says. “We are delighted to announce this major contract win with BOC which is directly aligned to our growth strategy in the gas sector,” says Michael Cundy, managing director of Suttons Tankers. “We were able to be commercially competitive, while providing BOC with a compelling solution that met their requirements and was completely bespoke to their operation. This new business win also secures an extension on our other contracts with BOC, which is a credit to the Suttons employees who have been working on the propellant gas and pentanes contracts.” www.suttonsgroup.com
HCB MONTHLY | JANUARY 2021
LNG BY TANK TO CHINA
Novatek Gas & Power Asia and Saibu Gas have completed their first trial delivery of LNG in tank containers to Tiger Gas for distribution in China. The LNG was delivered from the Hibiki container terminal in Japan to Shanghai in tanks owned by Tiger Gas. “Together with our partners, we have successfully completed our first trial delivery of LNG in ISO containers to China,” says Lev Feodosyev, Novatek’s first deputy chairman of the Management Board. “It is forecasted that ISO containers of LNG will exponentially increase over the upcoming decades, allowing us to diversify our customer base by including small-scale LNG consumers and entering the downstream markets in China and Japan.” Earlier this year Tiger Gas placed an order for up to ten ships designed specifically for the transport of tank containers carrying LNG, in anticipation of the start of a supply contract with Petronas in 2022. www.novatek.ru KERRY NOW COTAC
Tank container depot specialist Kerry-ITS has agreed to a merger with the cotac Group
and is now known as cotac ITS (Asia) Pte Ltd. Similarly, Kerry-ITS (Thailand) is now cotac ITS (Thailand) Ltd. The deal confirms cotac’s earlier announcement that it is nearly doubling in size by adding depots in Asia and North America. Kerry-ITS says the move will strengthen its position in Asia while improving the range and quality of its tank depot services. As part of the transaction, William Loh, managing director, has stepped down but will remain in an advisory role for four years; his replacement is Sebastian Loh, who will work with the support of the cotac management in Germany. Kerry-ITS has also announced that its Shanghai depot has discontinued operations. cotac-its.com ITCO UPDATES ACC
The International Tank Container Organisation (ITCO) has published an updated fourth edition of its Acceptable Container Condition (ACC) inspection guidance document. This revision makes no substantive changes to the original fourth edition, published in 2017, but has made some editorial clarifications and aligns its design with other ITCO Technical Guidance documents. The ACC Inspection Guidance is designed to help with the determination of the acceptable condition of a general-purpose tank container and when tank components need repair or replacement. It is meant to be used when tanks are inspected at the point when their control moved between one party and another. The redesigned document can be downloaded from the ITCO website. www.itco.org GATX BUYS TRIFLEET
GATX Corp has acquired Trifleet Leasing Holding BV for some €175m cash. Netherlands-based Trifleet is the world’s fourth largest tank container lessor with a fleet of more
