Our Tank Terminal Infographic 2023 Update gives you a visual representation of crucial data shaping the industry. As we help companies in the liquid bulk and chemical supply chain, we like focusing on tank terminals as critical storage and distribution facilities in the sector.
Tank terminal Infographic review
Tank terminals are facilities used for the storage of liquid bulk, including crude, petroleum products, and petrochemical products. We sourced the data in our infographic from the leading global tank storage database www.tankterminals.com, which lists tank terminals, petroleum refineries, crude petroleum export terminals, chemical sites, olefin plants, LNG plants, vegetable oil refineries, and much more.
There are 7,935 tank terminals globally, with a total storage capacity of around 1.6 million CBM. 33% of these tank terminals are operated by independent operators, while 67% are captive or semi-captive terminals. The top 5 tank terminal operators, based on the number of storage tanks, are Royal Vopak, Kinder Morgan, Buckeye Partners, and Exolum International. There are five industry storage hubs in shipping ports worldwide with a total storage capacity of 103,833 KCBM. The hub with the largest capacity is ARA (42%), covering the ports of Antwerp, Rotterdam, and Amsterdam, followed by Houston (22%), Singapore (16%), Ulsan (10%), and Fujairah (10%).
Useful blog posts
It is critical to start planning a supply chain as early as possible to make sure you have the capabilities to deliver goods. The tank terminal selection for liquid bulk cargoes is critical in supply chain design. Read our blog post – Transport And Hub Selection For Liquid Bulk Cargoes.
It is also crucial to pay attention to the performance of the tank terminal to increase value, satisfy customers, or attract new leads. Read our second recommended blog post – Eight Essential KPIs For Tank Terminal Operators.
Once you know more about the performance of a storage terminal, you can start looking at improving performance. To learn more, read our third suggested blog post – Six Ways To Boost Tank Terminal Performance.
Photo Credit: ener8