Oiltanking and Gunvor have announced that they are to build a green field terminal on the island of Karimun, Indonesia. The facility, which will have an initial petroleum storage capacity of 760,000 cbm, is expected to be operational by the second quarter of 2015.
The state government of Tamaulipas, in north-eastern Mexico, says that its Atlantic ports will benefit from investments of more than 5.5 billion pesos ($450M) as part of a joint strategy with the federal government which opens the door to a participation of the private sector.
The Port of Barcelona inaugurated a new oil terminal earlier this month.
Canadian refining company Irving Oil has acquired one third of the Norcan oil terminal in Montreal.