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NEWS BULLETIN
TANKS & LOGISTICS
STOLT GETS HOT IN SINGAPORE
Stolt Tank Containers (SCT) has invested in a significant expansion of heating capacity at its Singapore terminal (below), its main hub depot in Asia. The original 12 heating bays have been augmented with a second tier and a larger footprint and the depot, first opened 32 years ago, can now offer 60 cargo heating bays. The heating lines are equipped with stepdown regulators to allow delivery of different steam pressure to suit different cargo and tank types, while the arrangement also allows for cargo sampling of all tanks and for temperature monitoring throughout the entire heating process. Stolt Container Terminal Pte Ltd provides support for all STC activities in Asia and also acts as the training centre for STC staff and for regional depots and customers. Located on Jurong Island, it serves the local chemical hub. STC has meanwhile reported third-quarter revenues of $135.2m and operating profit of $12.1m, with both figures slightly off those of the previous period as the market continues to
HCB MONTHLY | NOVEMBER 2019
be soft as a result of price competition. “The cyclical strengthening of tank container markets that we typically see at this time of year did not materialise, reflecting the combined impact of the US-China trade war, a softening of global economic conditions overall, and an oversupply of tank containers,” says Niels G Stolt-Nielsen, CEO of parent Stolt-Nielsen Ltd. www.stolttankcontainers.com FIRST DRUMMING IN MAASVLAKTE
Neele-Vat has formally opened its new Rotterdam Blending & Filling (RBF) facility in Rotterdam’s Maasvlakte. The new complex is designed to handle both non-hazardous and packaged dangerous goods, and also offers a blending and drumming unit. RBF has been designed as an all-in-one facility to provide for the packaging, mixing, storage, refrigerated storage and onward distribution of liquid chemical products and is the first site in the Maasvlakte to provide drumming and IBC filling services. It has a storage capacity of some 35,000 pallet spaces.
“It’s a fantastic and innovative addition to the Port of Rotterdam’s industry, competitive strength, versatility and employment,” says Emile Hoogsteden, director of Containers, Breakbulk & Logistics at the Port of Rotterdam Authority. www.neelevat.nl KATOEN EXPANDS IN CHEMICALS
Katoen Natie has acquired the warehousing and value-added logistics activities of NijhofWassink’s facility in Kutno, Poland. The site covers an area of 254,868 m² and has 42 silos, 15,000 m² of outside storage space, five warehouses totalling 40,000 m², a repacking hall, an office building and technical building. Nijhof-Wassink’s warehouse capabilities in Poland have grown rapidly and Katoen Natie has shown interest in expanding in the area. As both companies have similar cultures and views on business operations, an agreement was swiftly reached guaranteeing continuity, stability and growth. Katoen Natie has decided to immediately expand the acquired facilities
