Oil Sector Growth Prompts Marseilles-Fos Investments

Friday, February 08, 2008
Oiltanking Mediaco Marseille has confirmed plans to construct $294.5m refined products depot at the Port of Marseilles Authority’s Fos oil terminal. With a first phase due on stream in 2010, the 800,00 cu m facility offers additional throughput potential of six million tons a year at Marseilles-Fos – already the world’s third biggest petroleum port – reinforcing its Mediterranean hub role in refined products trades.

The partners in the new company are Oiltanking, a subsidiary of Hamburg’s Marquard & Bahls, and Marseilles-based Mediaco. Oiltanking is said to be the world’s second largest independent tank farm operator, with 73 storage terminals in 21 countries, while Mediaco is the leading company of its kind in France, with a string of storage terminals including a Marseilles depot for oil and non-hazardous chemical products. Their joint project will be located on an 18-hectare site in the Cavaou zone at Fos.

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

Ports

Dredging at Jurong Port, Singapore

Dredging work will be carried out at Keppel Shipyard Benoi Road, off West Jurong Channel, from 28 July to 30 September. As per the Maritime and Port Authority of Singapore Port Marine Notice No.

Homecoming Scotland 2014 Fireball Championships

Lerwick Harbour is ready for an exciting week of sailing with the 2014 Fireball European Championships taking place at the port next week. As a warm-up to the main event,

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0764 sec (13 req/sec)