Global Ports Forum

Global oil refining faces shake-up from Asian plastics boomwww.livemint.com/industry/energy/global-oil-refining-faces-shake-up-from-asian-plastics-boom-11598411803929.html

In China, the biggest of these is Rongsheng Petrochemical Co.’s plant on Zhoushan island, near Ningbo. The 800,000 barrel-a-day operation opened in 2019 and will reach full capacity before year-end. An Indian Oil Corp.-led group is planning a gigantic 1.2 million barrels a day oil-to-chemicals complex on the country’s west coast. Saudi Aramco, as part of its strategy to invest downstream in Asia, has or plans to take a stake in both projects.

IN BRIEF: Delaware judge says port can’t block access over contractual dispute.

reut.rs/3bQGoYe

US oil storage may have room for ‘several hundred million barrels’ www.rt.com/business/487405-us-oil-storage-may-have-room/

Oil tanker rates fall, but storage demand stays firm: sources – Reuters www.reuters.com/article/us-global-oil-shipping/oil-tanker-rates-fall-but-storage-demand-stays-firm-sources-idUSKBN21616X

Vopak to serve multi-billion dollar manufacturing facility in Texas.

www.vopak.com/newsroom/news/vopak-serve-multi-billion-dollar-manufacturing-facility-texas

Standic tank storage company comes to Port of Antwerp with state-of-the-art chemicals terminal.

www.portofantwerp.com/en/news/standic-tank-storage-company-comes-port-antwerp-state-art-chemicals-terminal

Commentary: Iran’s crude oil customers turn away, more cargoes being stored

uk.reuters.com/article/uk-column-russell-crude-iran/commentary-irans-crude-oil-customers-turn-away-more-cargoes-being-stored-idUKKCN1MZ0PW

“Iran to build crude oil storage facility at Gulf of Oman port: SHANA” – uk.reuters.com/article/uk-iran-oil-storage/iran-to-build-crude-oil-storage-facility-at-gulf-of-oman-port-shana-idUKKCN1MA0YV

www.hellenicshippingnews.com/vopak-to-invest-in-new-storage-capacity-at-its-rotterdam-terminal/