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  • Oiltanking acquires Helios terminal
    édité le 09/10/2012 - Plus de news de "Oiltanking" - Voir la fiche entreprise de "Oiltanking"


Oiltanking acquires Helios terminal
Oiltanking GmbH announces that it has entered into an agreement to acquire a 100% shareholding in Helios Terminal Corporation Pte. Ltd. and its holding company Chemoil Storage Limited subject to regulatory approvals.

Located on Jurong Island in Singapore the terminal of Helios has a total capacity of 503,000 cbm. Commissioned in 2008 it is a built-for-purpose fuel oil storage and blending facility. The terminal is equipped with a finger jetty with six berths that can handle up to two Suezmax-size vessels simultaneously.

Oiltanking already operates two terminals in Singapore with a combined storage capacity of more than 1.7 million cbm. The acquisition will further strengthen Oiltanking’s market position for petroleum products in Singapore and Southeast Asia.

Oiltanking is a subsidiary of Marquard & Bahls AG, Germany, a leading petroleum company, privately owned. Oiltanking is the second-largest independent tank storage provider for petroleum products, chemicals and gases worldwide. The company owns and operates 73 terminals in 22 countries within Europe, North and South America, Middle East, India as well as Asia. Oiltanking has an overall storage capacity of 19.7 million cbm.

About Chemoil:
Chemoil is one of the marine fuel industry’s leading suppliers. It has significant bunker trading and brokering capabilities in multiple ports around the world. Chemoil has also diversified itself into supplying aviation fuel, diesel, renewable and biofuels, base oils and lubricants. Established in 1981, Chemoil continually challenges industry practices and provides leadership through its progressive and innovative approach to delivering energy. Chemoil was listed on the Main Board of Singapore Exchange Securities Trading Limited (SGX-ST) on December 14, 2006.


Origine : Communiqué Oiltanking

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