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Bunker Oil Stock Increase at Baltic Sea Entrance Port

Frederikshavn Harbour and Nordic Marine Oil have entered a strategic agreement to establish a tank farm at the port of Frederikshavn with at least 20,000 cubic meters with the possibility of further extension. The tank system to be used as storage of fuel for ships in the port of Frederikshavn and the ships passing by in the Kattegat, and will be ready in the 2nd half of 2014. "Nordic Marine Oil has a goal to establish itself further in the bunker market around the entrance to the Baltic region.