Tank Storage Asia in the news

8 October 2018

Storage, terminal experts discuss new rules, innovations

Delegates from across the South East Asian region featured in-depth discussions and panel debates focused on the terminal market, International Maritime Organization (IMO) 2020 regulation and technological innovations in the industry at the recently concluded Tank Storage Asia.

The event, an exhibition and conference dedicated to the Asian tank terminal and storage industry, was held on September 26 and 27, in Singapore.

Source: Trade Arabia

5 October 2018


Tank Storage Asia, the exhibition and conference dedicated to the Asian tank terminal and storage industry ended on a high last week.

Attended by delegates from across the South East Asian region, the two-day conference featured in-depth discussions and panel debates focused on the terminal market, International Maritime Organisation 2020 regulation and technological innovations across the industry.

Source: Inside Oil and Gas

1 October 2018

India Looking for Investors to Back Strategic Oil Reserves -Executive

India will start international road shows next month seeking potential investors for the second phase of its strategic oil reserves estimated to cost nearly $2 billion, the head of the operator of country's reserves said on Wednesday.

India Strategic Petroleum Reserves Ltd (ISPRL) will hold the road shows in the last week of October in Singapore, London and New Delhi, Chief Executive H.P.S. Ahuja said on the sidelines of the Tank Storage Asia Conference.

Source: Tankterminals.com

11 September 2018

A top down approach to process safety

Sharul Rashid, principle engineer, instrument and control at Petronas explains how he implemented a structured approach to process safety within the company

The lack of a structured approach to process safety can have potentially catastrophic consequences. You only need to look at the Buncefield incident in 2005 and the Caribbean Petroleum Terminal facility explosion in 2009 to appreciate how devastating these consequences can be.

Source: Tank Storage Magazine

4 September 2018

Drones Solving Safety Challenges Within the Tank Storage Industry

A report published within the Journal of Loss Prevention in the Process Industries uncovered that 74 percent[1] of accidents that occurred within industrial facilities took place in oil storage terminals and petroleum refineries. Human error was also identified as the biggest risk to terminal operators[2].

As a result, the tank storage and terminal industry is increasingly turning to drones to improve safety. Growing at an annual rate of 20.9 percent[3], the unmanned aerial vehicles and drones’ market has grown beyond its initial defence application. The technology is revolutionising the industry by enabling businesses to cut costs and reduce staff exposure to risk.

Source: Fluidhandling PRO

29 August 2018

Tank storage in the future

Zhang Weiliang, CEO of UAV company Avetics Global, explains how the use of drones & automation are increasingly becoming part of the future for tank storage maintenance

The concept of using a drone to inspect a storage tank is a concept often mentioned in the storage industry, and several potential means of implementing the technology have been explored. However, as with all technologies, there is always a risk that an attempt to solve too many problems with a single product would end up as a solution in search of a problem to solve. New technologies are only viable when the technology developer has a thorough understanding of challenges encountered during operations.

Source: Tank Storage Magazine

15 August 2018

Safety cases – the challenges and opportunities for terminals

Dr Sukhy Barhey and Emily Sin from BMT Group examine some of the opportunities and challenges for storage operators in Singapore when submitting a safety case.

Requirements to provide safety cases for storage terminals are increasingly global. In line with this trend, the implementation of the safety case regime in Singapore provides an opportunity for terminals to review lessons learnt and apply them in developing compliant safety cases. Terminals can also gain a greater understanding of operations and Capex projects, and optimise current processes.

Source: Tank Storage Magazine

3rd August 2018

Tank Storage Asia announces key speakers

The latest safety regulations in Singapore, the IMO 2020 Sulphur fuel cap, an overview of developments affecting the tank terminal market in Asia and future growth opportunities in South East Asia are some of the topics featured in Tank Storage Asia’s conference line up.

Source: Petrol Plaza

30th July 2018

Tank Storage Asia announces key speakers

Speakers will discuss key challenges and opportunities faced within the industry.

Source: Sea News