Singapore: Jurong Port forms JV with Germany's Oiltanking for liquid bulk terminal

Singapore: Jurong Port forms JV with Germany's Oiltanking for liquid bulk terminal

Jurong Island. Credit:Flickr/Bill Rosgen

In a bid to diversify into oil and chemical storage, Jurong Port has entered into a joint venture (JV) with German firm Oiltanking to build a liquid-bulk terminal on its site. The JV facility will meet the increasing demand for oil storage particularly on Jurong Island opposite the port.

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