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BUILT FOR THE BALTICS
products between excise tax warehouses through the Excise Movement Control System (EMCS).
PROFILE • GTL TERMINALS’ TWO FACILITIES PROVIDE A RANGE OF CAPACITIES AND SERVICES TO THE BULK LIQUIDS SUPPLY CHAIN IN NORTH-EASTERN EUROPE; GTL IS NOW LOOKING TO GROW FURTHER London-based Global Transportation and Logistics (GTL) emerged into the oil storage and terminal business in 2014 by acquiring two operational facilities in Aabenraa, Denmark and Kaliningrad, when the owner Khofiz Shakhidi, took over Pan European Terminals plc and de-listed it from the AIM Market London. Since then, under Shakhidi’s leadership, GTL Terminals Ltd has managed to stay ahead of the curve, particularly since the oil market crash of 2014, by continually monitoring market conditions to adapt its product storage
in what could be considered as hostile oil market conditions. Dan-Balt Tank Lager A/S (DBTL), located on the Aabenraa fjord in Aabenraa, Denmark, is the larger of the group’s two terminals with a storage capacity of some 165,000 m³. The terminal is classified as a class III storage facility, which permits the storage and handling of products with a flash point above 55°C. DBTL is registered in the country as a customs warehouse, granting T1 (non-community goods) product handling and storage custody.
DANISH DEVELOPMENT Built in the early 1970s, DBTL grew from a small terminal initially comprising five large-capacity steel tanks, ranging in size from 10,000 m³ to 30,000 m³. The tanks were built to store gasoil and fuel oil and were equipped with heating, a feature that the terminal still maintains. In the 1980s the terminal went through a larger expansion, with the installation of ten new steel tanks with capacities between 300 m³ and 10,000m³. From then through to the late 1990s, the terminal worked as a distribution hub for fuels in the country based on exchange contracts with larger oil marketing companies, while also serving the bunkering market through its sizable inventory of fuel oil and ready access to the Aabenraa harbour. Of late, DBTL has functioned on the tank rental model, keeping in line with mid-size terminal
portfolio and product handling expertise and by boosting results year-on-year, even
Recently, DBTL has been going through the process of registering itself as an excise tax warehouse alongside its customs warehouse categorisation, a registration that will make active blending of T1 with T2 and other products possible, combined with the benefit of being able to move blended
market conditions. Currently, the terminal consists of 17 steel tanks that are all in operation, together with all the necessary piping and new pumping infrastructure to cater for product handling. Two jetties for loading from the port allow for vessels of up to 50,000 dwt to berth, with a
GTL TERMINALS HAS BEEN BUSY EXPANDING SERVIVES AT THE DAN-BALT FACILITY IN DENMARK
HCB MONTHLY | MARCH 2020
