September 24, 2018 [TankTerminals.com] - Market Brief: Chemicals & Brent Markets Overview. Storage Opportunities: Vegoils (Netherlands).
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Market Overviews: Chemicals
When purely looking at all inquiries we received over the summer, it is fair to say that the chemical market is stronger than the others. The market is showing a demand for tanks which is more than the capacity offered in this moment. In ARA but also North West Europe, the only tanks still on the market are the bigger sized non heated and non insulated tanks (approx. 2000 m tanks) as these tanks seem to be offered more on spot basis with options to prolong. Because of current market conditions, tank allocation fees are more frequently accepted as well, just to have certainty that tanks will at least be there when first shipments arrive. Even if that means 2 up to 3 months prior the vessel’s arrival date.
Market Overview: Brent
Spreads are in backwardation across the board again after a short period of front spread contango during the summer. Supply issues are the main reason for it especially the decrease of Iranian oil shipments. Refiners also have a more than healthy appetite for crude at the moment. Still, inquiries for long term Crude storage keep coming in for both the Med, NWE and Africa.
Tank Storage Availability Worldwide | ||||
Capacity (m3) | Product | Location | Available from | Enquire for Storage |
---|---|---|---|---|
New | ||||
11,600 | Vegoils | Inland Netherlands | Now | Click here |
Belgium – The Netherlands | ||||
406,000 | Diesel / Gasoil | Amsterdam | Now | Click here |
13,400 | Dirty Petroleum Products | Amsterdam | Now | Click here |
118,000 | Light ends FP<60 | Amsterdam | Now | Click here |
15,000 | Biodiesel | Amsterdam | Now | Click here |
178,000 | Light ends FP<60 | Rotterdam | Now | Click here |
7,000 | Chemicals | Rotterdam | Now | Click here |
70,000 | Gasoline | Rotterdam | Now | Click here |
1,200 | Dirty Petroleum Products | Rotterdam | Now | Click here |
135,000 | Diesel / Gasoil | Rotterdam | Now | Click here |
4,400 | Light Ends | Inland Netherlands | Q1, 2019 | Click here |
5,900 | Various | Inland Netherlands | Now | Click here |
13,900 | Chemicals | Belgium | Q3/Q4, 2018 | Click here |
78,600 | Diesel / Gasoil | Belgium | Now | Click here |
40,000 | Biodiesel | Belgium | Q1, 2019 | Click here |
144,500 | Light Ends FP <60 | Belgium | Now | Click here |
North Europe | ||||
12,000 | Diesel / Gasoil | North Germany | Now | Click here |
5,927 | Chems | Inland Germany | Now | Click here |
18,500 | Diesel / Gasoil | Inland Germany | Now | Click here |
13,000 | Various Products | West Coast UK | Now | Click here |
30,000 | Gasoline | West Coast UK | Now | Click here |
3,000 | Diesel / Gasoil | West Coast UK | Now | Click here |
28,000 | Various Products products | East Coast UK | Now | Click here |
4,000 | Vegoil / Chems | East Coast UK | Now | Click here |
15,000 | MGO / IFO | East Coast Scotland | Now | Click here |
100,000 | Light Ends FP<60 | Ireland | Now | Click here |
200,000 | Crude | Ireland | Now | Click here |
4,500 | Various | Denmark | Now | Click here |
10,000 | Vegoils / Chems | Denmark | Now | Click here |
380,000 | Diesel / Gasoil | Denmark | Now | Click here |
203,000 | Diesel / Gasoil | Sweden | Now | Click here |
22,079 | Dirty Petroleum Products | Sweden | Now | Click here |
12,500 | Vegoils | Sweden | Now | Click here |
15,000 | Jet | Sweden | Now | Click here |
20,000 | Diesel / Gasoil | Norway | Now | Click here |
391,000 | Diesel / Gasoil | Finland | Now | Click here |
4,000 | Chemicals | Finland | Now | Click here |
48,000 | Light Ends FP<60 | Lithuania | Now | Click here |
140,000 | Crude | Estonia | Now | Click here |
97,000 | Diesel / Gasoil | Estonia | Now | Click here |
73,000 | Light Ends FP<60 | Estonia | Now | Click here |
200,000 | Crude | Baltics | Now | Click here |
23,500 | Light Ends FP<60 | Latvia | Now | Click here |
South Europe | Mediterranean | Black Sea | ||||
17,700 | Various Products Products | Portugal | Q3, 2018 | Click here |
400,000 | Crude | Spain | Now | Click here |
130,000 | Biodiesel | Spain | Now | Click here |
56,000 | Various | NW Spain | Now | Click here |
23,000 | Vegoils/ Chems | South Spain | Now | Click here |
25,000 | Dirty Petroleum Products | South Spain | Now | Click here |
317,000 | Light Ends FP<60 | East Spain | Now | Click here |
110,000 | Diesel / Gasoil | East Spain | Now | Click here |
70,000 | Diesel / Gasoil | East Spain | April, 2018 | Click here |
317,000 | Light Ends FP<60 | East Spain | Now | Click here |
80,000 | Diesel / Gasoil | East Spain | Now | Click here |
20,000 | Dirty Petroleum Products<60 | East Spain | Now | Click here |
25,000 | Dirty Petroleum Products | East Spain | Now | Click here |
5,000 | Chems | North France – Inland | Now | Click here |
2,000 | Chems | South France – inland | Now | Click here |
220,000 | Crude | France | Now | Click here |
40,000 | Diesel / Gasoil | NW France | Now | Click here |
19,600 | Vegoils / Chems | NW France | Now | Click here |
4,000 | Light Ends FP<60 | NW France | Q2, 2019 | Click here |
150,000 | Diesel / Gasoil | East Med | Now | Click here |
300,000 | Crude | East Med | Now | Click here |
10,000 | Chems / petroleum prods | Croatia | Now | Click here |
7,500 | Chemicals | NE Italy | Now | Click here |
15,000 | Diesel / Gasoil | NE Italy | Now | Click here |
12,000 | Light Ends FP >60 | NW Italy | Now | Click here |
30,000 | Various Products | NW Italy | Now | Click here |
8,000 | Chemicals | NW Italy | Now | Click here |
46,000 | Diesel / Gasoil | NW Italy | Now | Click here |
7,000 | Molasses | NW Italy | Now | Click here |
9,900 | Gasoline | Albania | Now | Click here |
30,000 | Light Ends FP<60 | Georgia | Now | Click here |
100,000 | Dirty Petroleum Products | Georgia | Now | Click here |
45,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
30,000 | Light Ends FP<60 | Ukraine, Danube | Now | Click here |
12,000 | Dirty Petroleum Products | Ukraine, Danube | Now | Click here |
5,000 | Vegoils / Chems | Ukraine, Danube | Now | Click here |
120,000 | Light Ends FP<60 | SE Turkey | Now | Click here |
45,000 | Dirty Petroleum Products | SE Turkey | Now | Click here |
12,000 | Vegoils | Illichevsk | Now | Click here |
5,000 | Chems | SW Russia | Now | Click here |
20,000 | Methanol | SW Russia | Now | Click here |
Africa | ||||
14,200 | Chems, excl. acids | Egypt | Now | Click here |
6,000 | Vegoils / Chems | Egypt | Now | Click here |
10,000 | Diesel / Gasoil | Egypt | Now | Click here |
2,000 | Chemicals | Kenya | Now | Click here |
20,000 | Chemicals | Tanzania | Now | Click here |
55,000 | Light Ends FP<60 | Ghana | Sept, 2017 | Click here |
10,000 | Gasoline | South Africa | Now | Click here |
10,000 | Diesel / Gasoil | South Africa | Now | Click here |
2,200,000 | Crude | South Africa | Now | Click here |
Middle East | ||||
100,000 | Various Products | Gujarat, India | Now | Click here |
97,600 | Chems | Gujarat, India | Now | Click here |
15,000 | Bitumen | Gujarat, India | Now | Click here |
100,000 | Diesel / Gasoil | Gujarat, India | Now | Click here |
884,200 | Various Products | UAE | Sept, 2017 | Click here |
172,000 | Diesel / Gasoil | UAE | Now | Click here |
91,180 | Light Ends FP<60 | UAE | Now | Click here |
74,000 | Dirty Petroleum Products | UAE | Now | Click here |
35,795 | Chems | UAE | Now | Click here |
Far East Asia | ||||
80,000 | Light Ends FP<60 | South China | Now | Click here |
150,000 | Dirty Petroleum Products | South China | Now | Click here |
200,000 | Dirty Petroleum Products | North China | Now | Click here |
30,000 | Chemicals | Shangdong | Now | Click here |
150,000 | Crude | Shangdong | Now | Click here |
8,000 | Chemicals | South China | Now | Click here |
12,5000 | Chemicals | North China | Now | Click here |
250,000 | Dirty Petroleum Products | Gr. Ningbo | Now | Click here |
200,000 | Light Ends FP<60 | Yangtze River / East China | Now | Click here |
300,000 | Crude | Greater Ningbo | Now | Click here |
15,200 | Chemicals | South Korea | Now | Click here |
72,500 | Light Ends FP<60 | South Korea | Now | Click here |
14,100 | Chemicals | South Korea | Now | Click here |
90,000 | Light Ends FP<60 | Malaysia | Now | Click here |
34,800 | Vegoils / Chems | Malaysia | Now | Click here |
46,000 | Light Ends FP<60 | Singapore | Now | Click here |
300,000 | Dirty Petroleum Products | Singapore | Now | Click here |
500,000 | Light Ends FP<60/td> | Gr. Singapore | Now | Click here |
270,000 | Diesel / Gasoil | Gr. Singapore | Now | Click here |
255,000 | Dirty Petroleum Products | Gr. Singapore | Now | Click here |
North America | ||||
70,000 bbl | Biodiesel | California USA | Now | Click here |
456,000 bbl | Various Products | Ohio USA | Now | Click here |
60,000 bbl | Chems | Pennsylvania USA | Now | Click here |
35,000 bbl | Light Ends FP<60 | New York USA | Now | Click here |
1,520,000 bbl | Dirty Petroleum Products | New York USA | Now | Click here |
2,710,000 bbl | Crude | New York USA | Now | Click here |
50,000 bbl | Chems | New Jersey USA | Now | Click here |
250,000 bbl | Diesel / Gasoil | New Jersey USA | Now | Click here |
24,000 bbl | Vegoils / Chemicals | Maryland USA | Now | Click here |
450,000 bbl | Dirty Petroleum Products | Maryland USA | Now | Click here |
280,000 bbl | Dirty Petroleum Products | Virginia, USA | Now | Click here |
200,000 bbl | Diesel / Gasoil | Virginia, USA | Now | Click here |
120,000 bbl | Various Products | South Carolina, USA | Now | Click here |
30,000 bbl | Diesel / Gasoil | North Carolina USA | Now | Click here |
85,000 bbl | Light Ends FP<60 | North Carolina USA | Now | Click here |
500,000 | Crude | Oklahoma | Now | Click here |
570,000 bbl | Various Products | Georgia USA | Now | Click here |
289,000 bbl | Vegoils / Chemicals | Georgia USA | Now | Click here |
20,000 bbl | Vegoils / Chemicals | Florida USA | Now | Click here |
178,000 bbl | Chemicals | Louisiana USA | Now | Click here |
600,000 | Various Products | Louisiana USA | Q3, 2018 | Click here |
380,000 bbl | Various Products | Texas, USA | Now | Click here |
238,000 bbl | Dirty Petroleum Products | Texas, USA | Q1, 2018 | Click here |
660,000 bbl | Chemicals | Texas, USA | Now | Click here |
Central & South America | ||||
350,000 bbl | Crude | Bahamas | Now | Click here |
190,000 bbl | Various Products | Puerto Rico | Now | Click here |
553,000 bbl | Light Ends FP<60 | Colombia (Caribbean) | Now | Click here |
7,500 bbl | Vegoils<60 | Colombia (Caribbean) | Now | Click here |
250,000 bbl | Dirty Petroleum Products | Panama (Atlantic) | Now | Click here |
9,000 | Dirty Petroleum Products | Argentina | Now | Click here |
10,000 | Vegoils / Chemicals | Argentina | Now | Click here |