- The Port of Fujairah is further developing from a regional logistics hub into a global hub for oil products, leading to increasing international trade flows and growing demand for storage, blending and transshipment services.
- Vopak Horizon Fujairah has decided to expand its terminal in the United Arab Emirates by 606,000 cubic meters to meet market demand.
- The total storage capacity will be more than 2.1 million cubic meters after completion of the expansion in the first quarter of 2012.
With the growing demand and development of a refining center in the Middle East region, the Port of Fujairah in the United Arab Emirates is further developing from a regional hub into a global logistics hub. This has resulted into increasing international trade flows that lead to a growing need for make-bulk and break-bulk services and blending.
To meet market demand, Vopak Horizon Fujairah has decided to expand its storage terminal for oil products in the Port of Fujairah by 606,000 cubic meters (cbm). The expansion reinforces Vopak Horizon Fujairah’s position as a bunkering center and trading hub in the region.
After completion of the expansion in the first quarter of 2012, the total storage capacity will be more than 2.1 million cbm. The expansion consists of 20 new tanks with sizes ranging from 20,000 cbm to 40,000 cbm for the storage of fuel oil and clean petroleum products.
About Vopak Horizon Fujairah Ltd.
Vopak Horizon Fujairah is a joint venture between Horizon Terminals Ltd., Koninklijke Vopak (Royal Vopak, the Netherlands), the Government of Fujairah and Kuwait's Independent Petroleum Group. Vopak Horizon Fujairah operates the first independent onshore oil terminal outside the Arabian Gulf, in the Emirate of Fujairah - one of the world's largest bunkering centres. Vopak Horizon Fujairah, which has been awarded ISO-9001-2008 and ISO 14001 certification, is designed to handle oil products including naphtha, gasoline, gas oil, jet fuel, kerosene, condensate, blend components and fuel oil. The terminal can accept tankers of up to 175,000 DWT.
Vopak Horizon Fujairah, designed to state-of-the-art specifications, complies with the most stringent international safety and environmental standards.