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Storage Tanks News

21 Jan 2024

Drone Attack: Russia Suspends Operations at Ust-Luga

© grigvovan / Adobe Stock

Russian energy company Novatek said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack.The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, is used to ship oil and gas products to international markets. It processes stable gas condensate - a type of light oil - into light and heavy naphtha, kerosene and diesel to be shipped by sea.It was not clear how long the disruption would last…

15 Jan 2024

Exploring 'Future Fuels' - Methanol’s Superstorage Solution

Image courtesy SRC

Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which ‘reinvented methanol fuel storage’ on board ships. Delivering the answers has seen technical talk converting into project discussions        ‘Green’ methanol has the ability to one day run vessels almost emission-free, and commercial shipping increasingly investigates. Derived today principally from natural gas, methanol is nonetheless available, relatively easy to handle and predictable.

07 Jan 2024

Provaris Engages DNV for H2Neo Carrier Tank Review

Illustration of Prodtex’s robotic cell for the construction and testing of the prototype tank (Source: Provaris)

Provaris Energy has engaged DNV for the review and approval of its H2Neo carrier's proprietary hydrogen cargo containment system.Prototype tank construction and testing remains on track to commence in Q1 CY2024 with completion expected by the end of Q2 CY2024. Additional parties involved in the work program located in Norway include Prodtex for construction and SINTEF for prototype testing and reporting.Construction will include the use of two laser welding robots, one material handling robot, and a scalable, custom hydraulic jig that will be employed during construction.

22 Dec 2023

MOL Gets ClassNK Blessing for Ammonia FSRU Design

Credit: Mitsui O.S.K. Lines

Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding.Obtains AiP for Ammonia FSRU Design - A Step Toward Safe Utilization of Ammonia for DecarbonizingThe AiP gives MOL further assurances in its design and development of ammonia FSRU, the technology, which enables a large scale of storage and distribution of seaborn ammonia.Introducing the ammonia FSRU concept…

14 Dec 2023

Getting Started with Propane: Port-Side Refueling & Storage

(Photo: PERC)

Emissions regulations continue to become more stringent for ports, pushing more port authorities and terminal operators away from diesel and gasoline and toward alternative energy sources like propane. Capable of powering essential port applications like yard tractors, forklifts, and other cargo handling equipment (CHE), propane is available now to support ports in achieving emissions reduction goals.The Propane Education & Research Council often gets questions about what refueling infrastructure looks like and what to expect when transitioning to propane-powered terminal equipment.

21 Nov 2023

IHI, Vopak Ink Agreement to Develop Ammonia Terminals

(Photo: Vopak)

Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies will lean on their experience in building ammonia storage tanks and terminals to focus on developing large-scale ammonia storage terminals that will allow for economical distribution of the fuel, the companies said in a joint statement on Tuesday.They…

16 Nov 2023

SWITCH Maritime Raises $10 Million to Grow Its Green Ferry Fleet

Sea Change (Photo: SWITCH Maritime)

SWITCH Maritime announced plans to grow its U.S. fleet of zero-emission ferries following the completion of a $10 million in a Series A round led by Nexus Development Capital.Founded in 2018, SWITCH’s mission is to enable private and public municipal ferry operators to more easily replace their carbon-intensive, diesel-powered fleets while reducing operating and fueling costs over the lifetime of their vessels.The fundraise comes on the back of the completion of its flagship zero-emission vessel…

03 Nov 2023

Second Gas Cargo Heads to Finland's LNG Terminal After Pipeline Rupture

Credit: Wojciech Wrzesień/AdobeStock

A tanker carrying Norwegian liquefied natural gas (LNG) is set to arrive at Finland's Inkoo terminal overnight, vessel tracking data showed on Friday, making it the second cargo since the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Arctic Princess, carrying natural gas from the Arctic Hammerfest LNG plant, signaled its arrival at Inkoo on Friday at 2300 GMT, LSEG shipping data showed, corresponding to Saturday morning at 0100 EET in local time.The tanker loaded in Norway on Sept. 17 but sat off the Danish coast since Sept.

27 Oct 2023

Royal IHC to Build Mega 31,000m3 Hopper Dredge for Boskalis

(Image: Royal IHC)

Shipbuilder Royal IHC announced it has signed a contract to construct a large trailing suction hopper dredger (TSHD) for dredging contractor Boskalis.The new TSHD, with a hopper volume of 31,000 m3 will be one of the largest in Boskalis' fleet. It will be built at Royal IHC's yard in Krimpen aan den IJssel, in the Netherlands, for scheduled mid-2026 delivery.Royal IHC and Boskalis—both based in the Netherlands—have been formally working on the project since 2020, when an agreement was reached for the design and engineering of the state-of-the-art dredge.

30 Aug 2023

DNV Grants Approval for Liquid Hydrogen Cargo Containment System

Source: Houlder

CB&I, McDermott's storage business, has received Approval in Principle (AiP) for its design of a liquid hydrogen (LH2) cargo containment system from DNV.CB&I collaborated with Shell International Trading and Shipping Company Limited to provide safe LH2 shipping solutions that enable hydrogen energy supply chains using gas carriers.The containment system design is based on CB&I's proven vacuum-insulated spherical technology for onshore LH2 storage. CB&I has designed and constructed more than 130 large, field-erected LH2 storage tanks worldwide over the past 60 years.

07 Jul 2023

Engie, Svanehøj Team Up to Make LNG Storage on FSRUs Safer

Credit: Svanehøj

Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures regarding LNG storage on FSRU.According to Svanehøj , stratifications and roll-overs pose significant safety risks when natural gas is liquified and stored in a cryogenic state. "Recognizing the crucial importance of roll-over prediction software for LNG storage on FSRUs, Svanehøj and Engie Lab Crigen have joined hands to address this critical concern. Limited knowledge…

28 Jun 2023

China's Shandong Starts Releasing Oil Stranded at Ports after Inspections, Sources Say

©komi$ar/AdobeStock

China's Shandong refining hub has begun releasing millions of barrels of oil that were stuck at ports after inspections curbed imports into the province, trading sources said following a meeting this week between officials and refiners.The easing of curbs placed on China's top oil importing province in mid-April will help free up inflows of heavy crude from Venezuela and Iran, they said. In a meeting hosted by the Shandong government on Tuesday between customs officials and independent refiners…

11 Sep 2023

Northern Lights CCS: Trailblazing the Path to Europe’s Net Zero Emissions

Image © Equinor

In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern Lights offshore carbon capture and storage project in Norway, a country with long experience with offshore CO2 storage.The transition to a sustainable energy future requires innovative solutions that go beyond simply halting fossil fuel projects.

11 May 2023

Crane Company Tests Liquid Hydrogen Valve

© magann / Adobe Stock

Crane Company has successfully tested a new cryogenic valve designed and built for liquid hydrogen applications.This is the first valve launched from Crane’s CRYOFLO™ line of bellow seal vacuum jacketed globe valves, designed and tested by Crane, with final validation, review, and testing conducted by Chart Industries.Liquid hydrogen is over 100 degrees Fahrenheit colder than liquid nitrogen, and significantly colder than the temperature limit of most cryogenic valves. Final testing was conducted at Chart’s one-of-a-kind liquid hydrogen test facility in New Prague…

25 Apr 2023

IMO Asks States for Equipment for FSO Safer Oil Spill Contingency Plan

Ndeavour courtesy of Boskalis

The IMO is urging Member States to contribute equipment to help UN-led efforts to prevent a possible catastrophic oil spill from the FSO Safer, an ageing and rapidly decaying floating storage offshore (FSO) unit moored 4.8 nautical miles off the Red Sea coast of Yemen.A converted super tanker, the FSO Safer contains an estimated 150,000 metric tonnes (approximately 1.1 million barrels) of crude oil, four times the amount spilled during the Exxon Valdez incident in 1989. It has been moored at Ras Isa since 1988 where it had been receiving…

28 Mar 2023

Approval in Principle Granted for VLGC with Carbon Capture

Source: China Classification Society

China Classification Society (CCS) has issued Approval in Principle (AIP) for the design of the world’s first low carbon very large gas carrier (VLGC). The concept design is based on an LPG dual fuel ship type with a carbon capture system onboard. Two Type C low-temperature carbon dioxide storage tanks are located on both sides of the open deck in the cargo area, and the designed carbon dioxide capture rate of the system can reach over 85%. CCS’s Shanghai Rules & Research Institute issued the AIP to Jiangnan Shipbuilding for the design which was developed jointly with No.

21 Feb 2023

Equinor Sells Its Oil Terminal in the Bahamas

(Photo: Equinor)

Norwegian energy company Equinor announced it has entered into an agreement to sell its oil terminal in the Bahamas to Estonian logistics and investment business Liwathon. Financial terms of the deal were not disclosed.The South Riding Point oil terminal at the Grand Bahama Island, commissioned in 1973 was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the American markets. The facility comprises 10 large storage tanks with a capacity of 6.8 million barrels (1…

10 Feb 2023

First Vessel Arrives at Freeport LNG Plant Since 2022 Fire

The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP, one of Freeport's big customers, according to several vessel tracking services.News of the vessel's arrival helped boost U.S. natural gas futures by over 5% in post-settlement trade on Friday as the second biggest U.S. LNG export plant will consume a lot of gas once it starts production again.The contract had closed at a 25-month low earlier in the week due mostly to mild weather and low heating demand.Freeport has said it would soon start sending gas to one of the plant's three liquefaction trains…

09 Feb 2023

Regulators Green Light Freeport LNG to Return Ship Loading at Texas Plant

(Photo: Freeport LNG)

U.S. federal energy regulators on Thursday approved Freeport LNG's request to return ship loading to service at its long-idled Texas liquefied natural gas (LNG) export plant.Freeport, the second biggest U.S. LNG export plant, shut after a fire in June 2022. The energy market expects gas prices to rise once the plant starts producing LNG again.When operating at full power, Freeport can turn about 2.1 billion cubic feet (bcf) of gas into LNG each day. That is about 2% of total U.S.

06 Feb 2023

Safety Improved on World's First Liquid Hydrogen Carrier after Malfunction

Suiso Frontier - Credit: Australian Transportation Safety Board

A valve failure that caused a flame to flare up briefly on the world's first liquid hydrogen carrier before its first trip from Australia to Japan highlighted the need for strong fault detection systems, an Australian safety report found.The cause of the incident on the Suiso Frontier on Jan. 25 last year has been fixed, the Australian Transportation Safety Board said in a report released last week. The ship had loaded liquid hydrogen for the trip the day before. "Safety has always been our highest priority.

05 Jan 2023

AiP for Ammonia Floating Storage and Regasification Barge (A-FSRB)

Image of A-FSRB (courtesy of NYK Line)

ClassNK issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI), reportedly the world's first AiP for A-FSRBs handling ammonia as cargo.Ammonia, which does not emit CO2 during combustion, has attracted attention for its use in thermal power plants and other applications as a potential fuel for decarbonization, while the development of onshore facilities for storage and regasification is a challenge.

06 Dec 2022

EBDG Unveils Harbor Power and Charging Barge Design

Seattle-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) last week unveiled the design for a new barge engineered to offer power and charging to vessels in ports and harbors.Delivering 7 megawatts (MW) of continuous power generated by methanol, the 225-foot-long floating mobile platform is capable of cold ironing to minimize emissions from large vessels both at the pier and at anchor for up to two weeks before refueling.In addition, it offers double duty as an "in-field" DC charging station for electric harbor tugs and other smaller service vessels.

31 Oct 2022

DOT Announces $703M in Port Funding; 41 Projects in 22 States

Copyright bannafarsai/AdobeStock

U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. Following is the full list of FY 2022 Port Infrastructure Development Grant Awards:ALASKANorth Extension Stabilization Step 1 Project ($68,700,000), Anchorage, AlaskaThe Project will reconfigure and realign the shoreline within the “North Extension” (the area north of the existing general cargo terminals) at the Port of Alaska in Anchorage, Alaska.

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