Jurong Port to build liquid-bulk terminal
It will partner German firm Oiltanking in this as it diversifies into oil and chemical storage
Singapore
JURONG Port is diversifying into oil and chemical storage, and has entered into a joint venture with German firm Oiltanking to build a liquid-bulk terminal on its site.
The facility will support the increasing demand for storage in Singapore, particularly on Jurong Island opposite the port, Jurong Port said.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy