Stolthaven Terminals has confirmed it will expand its facilities in the US Gulf to continue to meet its customers’ growing needs for specialist storage and handling services.
The planned expansion programme involves increasingly automated operations, additional specialist services for customers and the installation of new tanks.
Overall, the move is set to increase Stolthaven Terminals’ current total US storage capacity of 954,491 cubic metres.
President of Stolthaven Terminals, Guy Bessant, said: “We are pleased to be able to expand our US operations and enhance our offering to customers, especially given fluctuating market conditions.
“We remain committed to meeting the needs of our customers in the bulk liquid and gas industry, so we are continuing to invest in our state-of-the-art storage and handling services for these products.
“At the same time, we are exploring new opportunities for value-add services, both for the storage of chemicals and to support the green-energy transition.”
Stolthaven Terminals’ global expansion programme also includes the construction of a joint-venture terminal in Taiwan, which is expected to be operational at the end of this year.
In April, Stolthaven Terminals signed a Memorandum of Understanding (MoU) with the Port of Melbourne, Maersk, ANL, Svitzer, HAMR Energy, and ABEL Energy to investigate the business viability of building a green methanol bunkering centre.