World News
Vopak Mulls Adding Ammonia Storage at Antwerp
Global storage operator Vopak is considering adding an ammonia facility at Antwerp.
The firm has launched a market consultation on adding ammonia storage to the Vopak Energy Park Antwerp facility, it said in an emailed statement on Thursday.
The firm is aiming to gauge market interest and gather insights on potential demand, and it intends to complete a pre-FEED study by the end of this year. Operations may start in 2029 if feedback is positive.
"The site's extensive size, strategic location and connectivity to Northwest Europe offer unparalleled opportunities," the company said in the statement.
"With our site we aim to offer deep-sea, river, road and rail access, as well as pipeline connections to Northwest Europe paving the way for large-scale developments in the chemical industry and hydrogen economy including hydrogen carriers, ammonia storage and cracking."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 569.50 | 6.50 | 680.00 | 10.50 |
| Rotterdam | 514.00 | 2.50 | 676.00 | 7.50 |
| Houston | 547.50 | 0.00 | 671.50 | 1.50 |
| Fujairah | 561.00 | 0.50 | 751.00 | 1.50 |
| Global 20 Ports Average | 586.00 | 0.00 | 759.00 | 0.00 |
| Global 4 Ports Average | 548.00 | 2.00 | 694.50 | 5.00 |
| Global Average Bunker Price | 633.50 | 1.00 | 798.50 | 0.50 |
Popular Now More
-
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 20The new hire had previously worked as a bunker and lubricant trader for sister company Glander International Bunkering in Dubai. -
Nov 21The IEA seems to be the leading culprit in fostering the negative attitude.