Tradebe acquires TWG Tanklager in Hamburg

IN BRIEF

THE NETHERLANDS: Global energy company ExxonMobil said in September that it had successfully completed a sea trial of its first marine biofuel oil with tanker shipping company Stena Bulk, bunkered in the Port of Rotterdam.

The 0.5% sulphur residual-based fuel (VLSFO) processed with a second generation waste-based FAME component would be available later this year, initially in Rotterdam, Exxon Mobil said. This would be followed with a wider launch across the firm’s network.

WORLD: International dry cargo vessel owner and operator Navios Maritime Partners LP announced on 1 October that it had acquired the Navios Gem, a 2014-built Capesize vessel of 181,336 dwt, and the Navios Victory, a 2014-built Panamax vessel of 77,095 dwt, from Navios Maritime Holdings Inc for US$51M.

“Following the acquisition, Navios Partners controls a fleet of 55 vessels, of which 15 are Capesize vessels, 24 are Panamaxes, six are Ultra-Handymaxes and 10 are Containerships,” the company said.

Tradebe acquires TWG Tanklager in Hamburg

Leading Spanish hydrocarbon storage operator Tradebe Port Services announced on 1 October that it had acquired TWG Tanklager Wilhelmsburg GmbH, which stores and handles mineral oil products, biodiesel, vegetable oils and other special products at Germany’s Port of Hamburg.

TWG was acquired from BDH Biodiesel Hamburg GmbH, a subsidiary of Dr August Oetker KG.

“TWG is one of the few remaining independent bulk liquid storage terminal operators in the Port of Hamburg, the third largest port in Europe,” said Tradebe.

The Wilhelmsburg Tank Farm operates 14 carbon steel storage tanks with a capacity of 34,500m3 and has a permit to expand capacity by an additional 40,000m3 .

The terminal is an approved storage facility for flammable mineral oil products (such as diesel and heating oil), biodiesel, vegetable oils, liquid fertilisers and other special products such as liquid latex and fatty alcohols.

The tank farm could be reached by water via sea-going vessels (up to 9 metres draught) and by barges. It could also be accessed with rail tank cars and road tankers.

Shipping routes connected the Port of Hamburg with more than 900 ports in more than 170 countries, according to the company.

“We are delighted with this acquisition as it allows us to expand our storage terminal business in the strategic Port of Hamburg,” said Tradebe chairman Josep Creixell.

“This acquisition fits well with our strategy of providing a flexible and customised service to our clients and stakeholders, while enlarging the range of services into chemicals and speciality chemicals. Furthermore, the acquisition strengthens the presence of our group in the German market, a key geography for our group’s growth strategy.

“We see very attractive opportunities to develop new projects in TWG.”

Pan Ocean stake in Export Grain Terminal South Korean trade and meal and distillers grains to boost Pan Ocean’s status in logistics firm Pan Ocean has (DDGS) via rail or barge con- the world’s grain distribution purchased a 36.25% stake in nections. market, diversify our grain the Export Grain Terminal (EGT) It can unload 120,000 portfolio and help us make in the US Pacific Northwest, tonnes/hour of grain and a forays into new markets,” Pan World Grain reported Yonhap 110-car train in less than five Ocean said. News Agency as saying on hours. EGT is a joint venture be14 September. Pan Ocean purchased its tween Bunge North America

The EGT facility at Longview, interest from ITOCHU Interna- and ITOCHU International, Washington, handles wheat, tional. a US subsidiary of Japanese corn, soyabeans, soyabean “The acquisition is expected trading company ITOCHU.

NEW Cooperative to build port on Missouri River

Farmer-owned NEW Cooper- of low commodity prices, ative announced on 15 Sep- droughts, tariffs, and most tember that it is building a new recently the derecho have port on the Missouri River. devastated Iowa producers.”

The Port of Blencoe ship- “This port has the potential ping and receiving port would be able to handle 240,000 tonnes/year of soyabeans, corn, dried distillers grains (DDGS), dry fertilisers and agricultural lime. It would have the capacity to unload, clean, Photo: Adobe Stock to grow into a sizeable engine of economic growth for area industries,” he said. News of the Port of Blencoe project followed an August announcement that the cooperative would be building a new and reload up to nine barges The new Port of Blencoe will be able to handle 240,000 tonnes/year of grain facility with a pelleting at a time. soyabeans, corn, dried distillers grains and other products (file photo) feed mill in Cooper, Iowa.

“The new port will allow Cooperative general manager deliveries in spring 2021, Dix NEW Cooperative is a farmwestern Iowa farmers direct Dan Dix. The company’s goal said. er-owned grain, agronomy, access to world export and was to load barges late this “Iowa farmers need every energy and feed cooperative import markets,” said NEW autumn and start upstream advantage they can get. Years with 40 locations across Iowa.