Jurong Port Pte Ltd and Oiltanking celebrated today the official launch of the joint venture, Jurong Port Tank Terminals. The launch was officiated by Ms Low Yen Ling, Senior Parliamentary Secretary, Ministry of Education & Ministry of Trade & Industry. The event was attended by guests from the petroleum, port and maritime industries.
Located on 16 hectares of existing land in Jurong Port, with a total capacity of 480,000 cubic metres, the new liquid bulk terminal will cater to the storage and trading of clean petroleum products. It will be supported by 4 jetties with draft of up to 17.6 meters capable of handling vessels up to 180,000 DWT. The terminal will also be connected via pipelines to the Jurong Island petroleum and petrochemical network, thus providing significant efficiencies and benefits for its customers. The construction of Jurong Port Tank Terminals started in May 2017 and is on track to be completed by 2019.
Jurong Port Tank Terminals is a key part of Jurong Port’s strategic vision of being a world-class multipurpose port operator through the development and expansion of its port operating capabilities. The development of the new liquid bulk terminal will be an important milestone for Jurong Port as it will reinforce Singapore’s international maritime energy and chemicals hub status.