Tank Storage Market Briefing, Tank Availability Worldwide - Week 32

August 7, 2017 [TankTerminals.com] - Market Brief: Briefing on the tank storage situation in North West Europe and Middle East. Tank Storage Opportunities: ARA, North, West and South Europe, Middle East

North West Europe

The Shell refinery shutdown at Pernis after a fire in the power supply system, which is expected to be sorted by mid-August. Crude ships are waiting outside for delivery of their products. Storage of crude in NWE was already tight prior to the outage.

Consequently, the product prices of distillates and light ends have firmed. No additional storage demand is requested since product can be sold at good prices now. For fuel oil the backwardation firms despite high ARA stocks and a closed arbitrage to Singapore.

There are many tank opportunities in the NWE region and the rental rates have subsequently dropped. Distillates storage opportunities are widely available as well, but the rates haven’t dropped as much as the fuel oil rental rates. Light ends (low flash) tanks have only limited availability and rates stay at decent levels.

Terminals are prepared to offer attractive rates in exchange for a long-term contract. They aren’t dropping the rates yet on very short term (1-2 month) deals. In today’s market, we wonder if the potential 5 million cubic meter expansion will materialize. With lower occupancy rates and revenues, the investment plans may not all go through.

Middle East

Since January this year Fujairah Oil Industry Zone have been publishing their stocks, and it is interesting to see that only 50-60% of their capacity is actually used to store petroleum products. Still enough capacity is available and after the Qatar issues the availability in the region has only risen.

Tank Storage Availability Worldwide
Capacity (m3)	Product	Location	Available from	Enquire for Storage
New
60,000	Gasoilne	Rotterdam	Now	Click here
14,500	Diesel	North Germany	Dec, 2017	Click here
40,000	Crude	Estonia	Now	Click here
20,000	Petroleum Prods (Heated, low flash)	Kaliningrad, Russia	Now	Click here
110,000	Diesel	East Spain	Now	Click here
5,000	Easy Chems / Vegoils	NW France	Now	Click here
1,600	Chems	NW France	Now	Click here
7,000	Molasses	NW Italy	Sept, 2017	Click here
30,000	Easy Chems / Diesel	Turkey	Sept, 2017	Click here
33,000	Diesel / Gasoline	South Turkey	Oct, 2017	Click here
12,000	DPP / Black Prods	Ukraine, Danube	Now	Click here
74,000	Gasoil / fuel oil / bitumen / petrochemicals	UAE	Sept, 2017	Click here
Belgium - The Netherlands
15,000	Chemicals, no heating	Antwerp	Now	Click here
65 - 110,000	Diesel / Gasoil	Antwerp	Now	Click here
7 - 70,000	Fuel oil	Antwerp	Now	Click here
25 - 82,000	Naphtha / Gasoline / Kerosene	Antwerp	Now	Click here
50 - 150,000	Naphtha/gasoline/kerosene	Belgium	End 2017	Click here
30,000	Diesel / Chemicals	Belgium	Sept, 2017	Click here
3,700	Diesel / Gas oil	Belgium	Now	Click here
15,000	Diesel / Gasoil	Belgium	Now	Click here
1,000	Chems / Low flash	Belgium	Now	Click here
5,000	Chems no heat	Belgium	Now	Click here
60,000	Diesel	Rotterdam	Now	Click here
200,000	Fuel oil	Rotterdam	Now	Click here
5,000	Chems	Rotterdam	Now	Click here
150,000	Petroleum / Low flash / Gasoline / Light ends	Rotterdam	Mid 2017	Click here
21,600	Vegoils/chems	Rotterdam	Now	Click here
5,000	Chems, s/s heated	Rotterdam	Now	Click here
1,800	Easy chems	Rotterdam	Now	Click here
8,500	Vegoil (no heat)	Rotterdam	Now	Click here
65,000	Fuel oil (ULSFO)	Rotterdam	Now	Click here
250,000	Diesel / Gasoil	Amsterdam	Now	Click here
110,000	Fuel oil / VGO	Amsterdam	Now	Click here
80,000	Fuel oil	Amsterdam	Now / For sale	Click here
14,000	LPG	Netherlands	Jan, 2018	Click here
22,500	Gasoline	Netherlands	Jan, 2018	Click here
95,000	Gasoline	Netherlands	Now	Click here
4,340	Chems	Netherlands	Now	Click here
7,000	Bitumen / high flash BPP	Netherlands	Now	Click here
5,900	Petroleum / Chems (high flash >55c)	Netherlands	Now	Click here
2,700	Vegoil, gmp+/haccp, s/s	Netherlands	Now	Click here
10,280	Vegoil, easy prods	Netherlands	Now	Click here
5,000	Benzene	Netherlands	Now	Click here
400	Products >100c, heating	Netherlands	Now	Click here
North Europe
2,487	Diesel	Germany, River Rhine	Now	Click here
2,000	Prods FP>60c	Germany, River Rhine	2 months notice	Click here
5,100	Chems/prods, s/s, FP>55c	Germany, River Rhine	Now	Click here
8,000	Light ends / diesel	North France	Now	Click here
2,500	Vegoil / easy prod / marine fuels	West Coast UK	Now	Click here
8,000	Chems/prods/veg/fuel oil/naphtha	West Coast UK	Now	Click here
6,000	Rubber lined tank	West Coast UK	Now	Click here
28,000	Various prods	East Coast UK	Now	Click here
24,000	Diesel / Naphtha	East Coast UK	Now	Click here
4,000	Vegoil / easy chems	East Coast UK	Now	Click here
10,000	Diesel / Gasoil	North UK	Now	Click here
30,000	CPP	North UK	Now	Click here
10,000	MGO / IFO	East Coast Scotland	Now	Click here
2,200	Low flash	Denmark	Now	Click here
10,000	Fishoil / chems	Denmark	Now	Click here
90,000	Gasoline/gasoil/jet/light crude	Norway	end Sept, 2017	Click here
106,000	Distillates / Gasoil (caverns)	Sweden	Now	Click here
412,500	Heavy Fuel oil / VGO (caverns)	Sweden	Now	Click here
408,000	Diesel (caverns)	Sweden	1 month notice	Click here
24,000	Distillates	Finland, Kemi	Now	Click here
6,300	Distillates (no heating)	South Finland	Now	Click here
12,500	Methanol	Estonia	Now	Click here
23,500	Naphtha / Gasoline / Kerosene	Latvia	Now	Click here
20,000	Methanol	Latvia	Now	Click here
South Europe & Mediterranean
17,700	Clean prod, chemicals	Portugal	Now	Click here
9,700	Clean prod, chems, no heating	NW Spain	Now	Click here
4,500	Chemicals, s/s	NW Spain	Now	Click here
50,000	Heated tanks	NW Spain	Aug, 2017	Click here
20,000	Veg oil / fertilizers / easy prods	South Spain	Now	Click here
23,000	Chems/veg oils/easy prods	South Spain	Now	Click here
25,000	Fuel oil/ VGO	South Spain	Jan, 2018	Click here
30,000	Gasoil / Bio Diesel	South Spain	Now	Click here
6,000	Chemicals m/s	NE Spain	Now	Click here
7,500	Chems, heated	NE Spain	Now	Click here
2,000	Easy Chems	NW France	Now	Click here
5,000	Chems	North France - inland	Now	Click here
1,500	Chems	South France - inland	Now	Click here
8,000	Easy chems, products	South France	Now	Click here
22,000	Biofuels / Veg oils	South France	Now	Click here
10,000	Chems / petroleum prods	Croatia	Now	Click here
20,000	Diesel	NW Italy	Now	Click here
8,000	Chemicals	NW Italy	Now	Click here
25-30,000	Gasoil	NW Italy	Now	Click here
22,000	Vegoil / Diesel (no heating)	Albania	Now	Click here
9,900	Gasoline	Albania	Now	Click here
32,000	Diesel / CPP	North Turkey	Now	Click here
15,000	Low flash / Chems / Methanol	Turkey	Now	Click here
4,500	Chems	Turkey	Now	Click here
50,000	Diesel / Gasoil	Turkey	Now	Click here
100,000	DPP / Black prods	South Turkey	Now	Click here
55,000	Diesel / Gasoline	South Turkey	Now	Click here
8,000	Fuel oil, heating	South Turkey	Now	Click here
60,000	Diesel / Gasoil	South Turkey	Oct, 2017	Click here
20,000	CPP	Georgia	Now	Click here
200,000	Crude / DPP	Georgia	Now	Click here
33,000	DPP / Black Prods	Ukraine, Danube	Now	Click here
30,000	CPP	Ukraine, Danube	Now	Click here
12,000	Fuel oil (heating)	Ukraine, Danube	Now	Click here
5,000	Vegoils / Chems	Ukraine, Black Sea	Now	Click here
12,000	Veg oil/biodiesel	Illichevsk	Now	Click here
5,000	Base oils / Easy chems	SW Russia	Now	Click here
20,000	Methanol	SW Russia	Now	Click here
Africa
14,200	Chems, excl. acids	Egypt	Now	Click here
55,000	Diesel / gasoline	Ghana	Sept, 2017	Click here
Middle East
35,000	Chemicals / Petrochemicals	West India	Now	Click here
100,000	Various products/tank sizes	Gujarat, India	Now	Click here
60,000	Gasoil/various	Gujarat, India	Now	Click here
14,200	Veg oil/ easy chems / cpp	Gujarat, India	Now	Click here
30,000	Chems/ Ethanol	Gujarat, India	Now	Click here
40,000	Gas oil / various	Gujarat, India	Now	Click here
160,000	Gasoil / fuel oil	UAE	Now	Click here
153,000	Gasoil	UAE	Now	Click here
193,000	Fuel oil / gasoil	UAE	Now	Click here
129,200	Fuel oil / gasoil	UAE	Now	Click here
70,000	Fuel oil / gasoil	UAE	Now	Click here
min 44,000	Fuel oil	UAE	Now	Click here
min 19,000	Gasoil	UAE	Now	Click here
15,482	Base oils / easy chems	UAE	Now	Click here
18,400	Base oil / bitumen / fuel oil	UAE	Now	Click here
9,100	Base oil	UAE	Now	Click here
25,000	Diesel / base oil	UAE	Now	Click here
18,000	Chemicals, Petrochemicals (IFR tanks)	UAE	Now	Click here
20,000	Fuel oil / gasoil / naphtha	UAE	Now	Click here
220,000	CPP / gasoline / diesel	UAE	Now	Click here
3,300	Clean prods/low flash chems	Saudi Arabia	Now	Click here
Far East
250,000	Fuel oils	North China	Now	Click here
5,000	Chemicals	North China	Now	Click here
200,000	Crude (heating/jetty 300k DWT)	Shandong	Now	Click here
250,000	Crude (heating/jetty 120k DWT)	East China	Now	Click here
120,000	Clean petroleum prods	Yangtze River/East China	Now	Click here
10,000	Chemicals	Yangtze River	Now	Click here
2,500	Chemicals (s/s, heating, n2)	Yangtze River	Now	Click here
250,000	Fuel oil	Greater Ningbo	Now	Click here
10,000	Chemicals	Ningbo	Now	Click here
80,000	Clean petroleum prods	South China	Now	Click here
8,000	Chemicals	South China	Now	Click here
5,300	Chems / Ethanol	South Korea	Now	Click here
6,600	Chems / Ethanol	South Korea	Now	Click here
6,600	Chems / Ethanol	South Korea	Now	Click here
2,500	Light ends (no heating)	South Korea	Now	Click here
38,000	CPP / Gasoline / Diesel / Jet	South Korea	Now	Click here
38,000	CPP / Gasoline / Diesel / Jet	South Korea	Now	Click here
50,000	CPP / Gasoline / Diesel / Jet	South Korea	Sept, 2017	Click here
148,000	CPP / Gasoline / Diesel / Jet	South Korea	Oct, 2017	Click here
80,000	Fuel oil	Singapore	Now	Click here
10,000	CPP / Gasoline / Diesel / Jet	Singapore	Now	Click here
150,000	Gasoline / Gasoil/ Fuel oil / Light Crude	Straits	Now	Click here
200,000	Fuel oil	Straits	Now	Click here
North America
20,000 bbl	Bio diesel	California USA	Now	Click here
456,000 bbl	Petroleum / Chem / Veg / Bio / Asphalt	Ohio USA	Now	Click here
35,000 bbl	Easy chems/veg oils	Pennsylvania USA	Now	Click here
25,000 bbl	Chems	Pennsylvania USA	Now	Click here
1,745,000 bbl	Light crude / Heavy oil	New York USA	Now	Click here
50,000 bbl	Chems	New Jersey USA	Now	Click here
24,000 bbl	Easy chems/veg oils	Maryland USA	Now	Click here
100,000 bbl	Chemicals / Clean prod	South Carolina USA	Oct, 2017	Click here
75,000 bbl	Gas oil / various	Georgia USA	Sept, 2017	Click here
100,000 bbl	Gas oil / various	Georgia USA	Sept, 2017	Click here
289,000 bbl	Easy chems/veg oils	Georgia USA	Now	Click here
20,000 bbl	Easy chems/veg oils	Florida USA	Now	Click here
55,000 bbl	CCP / chems	Louisiana USA	Q1, 2018	Click here
43,000 bbl	CCP / chems	Louisiana USA	Now	Click here
110,000 bbl	Chemicals / CPP (IFR tanks)	Louisiana USA	Now	Click here
195,000 bbl	Chemicals / CPP	Texas USA	Now	Click here
110,000 bbl	Chemicals / CPP	Texas USA	Oct, 2017	Click here
66,000 bbl	Chemicals / CPP	Texas USA	Now	Click here
43,000 bbl	Chemicals / CPP	Texas USA	Now	Click here
100,000 bbl	Gasoil / Various	Texas USA	Now	Click here
Central & South America
210-500,000 bbl	Gasoline / crude	Colombia (Caribbean)	Now	Click here
53,000 bbl	Gasoil / Gasoline	Colombia (Caribbean)	Now	Click here
145,000 bbl	Fuel oil	Panama (Atlantic)	Now	Click here
35,000 bbl	Fuel oil	Panama (Balbao)	end July, 2017	Click here
5,000	Veg oil/ easy chems / cpp	Argentina	Now	Click here
3,750	Veg oil/ easy chems / cpp	Argentina	Now	Click here
1,600	Fuel oil	Argentina	Now	Click here