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

Contracts

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

Litigation Can Cost Shipbrokers an Arm & a Leg

A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,

Topaz secures another West Africa contract

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for

Ports

Hong Kong Tin Hau Festival

The Tin Hau Festival at Tai Miu Wan will be celebrated this year on 22 April 2014. Coxswains, owners and operators of local vessels are advised that arrangements

Port New Orleans Unveils New Logo

The Board of Commissioners of the Port of New Orleans unveiled a new modern, streamlined logo today to kick-off the 6th annual Critical Commodities Conference.

Valparaiso Port Partially Operative after Fire

The port at Chile’s Valparaiso is operating and terminals working, albeit at a slower than usual pace, despite the effects of the fire which swept through part of the city at the weekend,

 
 
Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0730 sec (14 req/sec)