Jurong Port Tank Terminals first phase officially opens
On Monday (Jul 29), Jurong Port and Oiltanking, German tank operator, launched the fresh Jurong Port Tank Terminals (JPTT) in Singapore.
Four deep-water berths with drafts of up to 17.6 m support the terminal and can manage ships carrying up to 180,000 tons of deadweight.
The terminal occupies approximately 12 ha in the first design stage and can hold 252 cubic meters of clean petroleum and storage of products. Once Phase 2 is complete, this amount is anticipated to achieve 550,000 cubic metres.
Ooi Boon Ho, CEO of JPTT, said the firm and its associates are in “profound debates” on the terminal’s Phase 2. PetroChina, one of the biggest oil companies in the world, has teamed up as the Phase 1 anchor client.
Since Apr 1, more than 1 million tons of item have been obtained, mixed and processed by the terminal. Approximately 7 million tons of smooth oil goods are anticipated to be handled a year.
STRENGTHENING SINGAPORE’S PETROCHEMICAL SECTOR
Senior State Minister for Trade and Industry Chee Hong Tat said the opening of JPTT was an integral part of the transformation of Jurong Port.
“JPTT was designed with a direct pipeline connection to the petroleum and petrochemical network of Jurong Island,” he said. “This allows products to flow seamlessly between Jurong Island companies, JPTT storage tanks and terminal boats.
“Companies can achieve up to 30% gains in shipping and processing expenses with the building of pipelines, as they no longer need to fly vessels when moving goods from Jurong Island to Jurong Port.” Ship charging and unloading will be up to 50% quicker owing to the use of large-capacity engines and jetty weapons, which transform into decreased shipping and cost-effective harbour remain periods.