Maastank invests â‚¬30 million in terminal expansion

November 15, 2010 [Port of Rotterdam/Weekblad Schuttevaer] - Maastank announced that it will invest â‚¬ 30 million in the expansion of its terminal in the Rotterdam Botlek area. With the expansion completed in 2012 the storage capacity for vegetable oils and fats as well as chemicals will be doubled to 65,000 m³. The announcement of this investment was made during the christening ceremony of the tank barge Piz Palü of the Fluvia Group which is 55% shareholder of Maastank.

Piz Palü
The Piz Palü was named after a 3905-metre high mountain in Switzerland. The ship will largely be used for transporting diesel oil, petrol, kerosene and domestic fuel oil to Basel. It is also suitable for carrying ethanol, which is added to petrol as a biological component, and it can carry two different cargoes.

Fluvia
The Fluvia Group’s mineral oil fleet comprises 47 vessels, with 5 chemical tankers and 19 vegetable oil tankers alongside the mineral oil tankers. The company has offices in Rotterdam, Basel and Hamburg. Fluvia was founded in 2004 and has four shareholders, each owning a quarter of the shares.

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