Tank Storage Asia, taking place on 24-25 September at the Marina Bay Sands, Singapore, boasts its strongest ever conference line up. Over 20 leading authorities in the bulk liquid storage sector will discuss the region’s critical issues - everything from changing trade flows and the shale boom to the storage market in China and the growth of the Asian biofuels market.
In a major show coup, Jack Van Lint, Vice President of Business Development for Oiltanking, will share his views on storage developments in Indonesia and Greater Singapore. Oiltanking is one of the world’s largest leading independent storage partners for oils, chemicals, gases and dry bulk. It owns and operates 75 terminals in 23 countries, so Van Lint’s presentation on day one will provide an invaluable international perspective for all those wondering whether the region is becoming over tanked or whether it will keep its position as an integrated production and trading hub.
Lim Wee Seng, Managing Director at DBS Bank, will outline the key considerations when financing terminal expansions and greenfield developments. In the past year Wee Sang has completed a number of notable oil and chemical tank storage deals. These have included acting as a Financial Advisor to a Korean consortium for a US$500 million greenfield petroleum storage terminal in South Korea. The team that Wee Seng leads has consistently ranked amongst the Top 10 Project Finance Mandated Lead Arrangers and Financial Advisors in Asia for the past 3 years.
The shale boom which has lowered energy prices in the US has a number of ramifications. Not least it is attracting more overseas US manufacturers to move parts of their production back home. While there are fears this could pose a risk to Asian markets, some analysts say the impact is likely to be muted. Richard Gorry, Managing Director of JBC Asia will discuss this and the other impacts of the shale boom on the Asia oil storage market.
As we move towards 2020, it is expected that more than half of the oil and gas trade is expected to flow East of Suez. Moe Merican, Lead Consultant at Tri-Zen will examine this trend and the potential opportunities it presents to the storage sector.
Many in the industry are looking for ways to improve terminal profitability and efficiency. In his talk, Mike Beviss, Director of Special Projects at Eastport Global Pte, will explore the increasing importance of storage terminal efficiency in the Asian logistics chain. He will discuss how storage terminals are growing and becoming more complex, so to keep standards high, they need to use more tools to improve their planning and be better equipped to respond to last minute changes.
For attendees looking for the latest innovations in laser scanning and 3D modelling, Peter Merrett, Owner of Merrett Surveys Ltd, is delivering a session on the application of laser scanning and 3D modelling for tank deformation and high accuracy volumes. He will introduce how laser scanning works and how to create a 3D computer model from the data. He will also detail the other uses that the data and 3D models can have, covering planning, maintenance, operations and the life of the asset from new build to decommissioning.
Running alongside the conference, will be the free-to-attend Tank Storage Asia exhibition. This will feature the latest technologies, products and service developments from over 60 suppliers spanning the entire tank storage spectrum.
Tank Storage Asia takes place from 24-25 September at Marina Bay Sands, Singapore, to find out more about attending visit www.tankstorageasia.com
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