©Nekst TankFarm

OUR OIL STORAGE TANKS

STRATEGIC COOPERATION WITH ALL MAJOR PORTS OF RUSSIA, AS WELL AS WITH THE PORT OF ROTTERDAM IN ORDER TO INCREASE OUR CAPACITY TANK FARM FOR STORAGE AND TRANSPORT OF OIL CARGO.

Such co-operation with the ports plays an important role in providing services to the storage of fuel for our customers. To carry out the storage and sale of fuel and various lubricants, need a special license for the storage of petroleum products. State shall issue such licenses only to those companies that have all the necessary equipment and facilities for its safe operation. We have a number of signed cooperation agreements with all the major ports of Russia, as well as the port of Rotterdam. These agreements give us a great opportunity to operate a number of port tanks and tank farms, and carry out the necessary conditions for the storage of petroleum products. Therefore, the storage of oil cargo here you significantly reduce your costs as if you directly store the oil in the port, and also automatically avoids the risk of fraud - broker who provides you with no legitimate the oil - place to store your fuel. Also, all businesses that do not have proper licenses for storage of oil and oil products, we offer to conclude a contract of storage of petroleum products with our organization, thereby reducing their costs and certain risks on service tanks and reservoirs.

The partnership will also look at the possibility of joint business development in China, India and other developing countries, particular attention will be paid to cooperation in the field of sustainable development and the use of the most environmentally friendly port technology.

MAINSEAPORTS

Geographic focus of NKT Tankfarm covers all major Russian ports of the Far East, the Black Sea and the North-Western regions, river ports of the Volga-Don basin and river basin of the Amur and Lena. 

Priority of point for the storage of oil cargo is are our cooperation with the ports:

  • Novorossiysk Commercial Port

  • Nakhodka Commercial Port

  • Yeisk Trade Port

  • Tuapse Commercial Port

  • Sea port of Primorsk

  • Murmansk Commercial Port

  • Port of Rotterdam Authority

                        
   THROUGH OUR FLEET

The company’s fleet consists of 11 modern vessels with total deadweight of more than 2.4 million tons. The plant has its own 7 and 4 chartered vessels – bunkers, which give us opportunity to be flexible and capable of coping with any demands of our clients, from small independent carriers to large shipping lines

Our Storage and Transportation facilities

NKT Tankfarm manages independently owned tank farms in Russia and Netherlands, which are operated by our management and not owned by oil companies in Russia and Netherlands and our management charges all oil companies the necessary bills for storage and handling their products. Our tank farms are situated above the ground and while some are beneath the ground with support for successful discharges of products into heavy duty oil tankers and pipelines. We have large industrial amenities for the storage of oil and petroleum products before these products are formally transported to the end users or further to storage facilities.

Our farms tanks are positioned in various locations where ocean liners carrying products can discharge their cargo while some are technically attached to pipelines in other to draw our supplies through rails or barges and by heavy duty oil tankers. Most of our tank farms have heavy duty oil tankers operating from their grounds and these vehicles transport products to petrol stations or other users.

The products which reaches our tank farms are from the refineries and suitable for delivery to customers because our tank farms are modern and comprises various types of tank age, pipelines and gantries with greater degree of automation as significant changes in depot operations.

Our management guarantees healthy and safety environments (HSE) around the site where our tank farms are located as one of the key necessities because our operators guarantee the safety and handling of products, to prevent leakages that could dent the soil and aquatic habitat.

We provide commercial trading strategy on every oil companies in Russia and Netherlands that lease our storage facilities for immediate dispatch to client's chosen location and also hold large quantities of their products in our storage tanks in accordance with signed agreements to enable the products be sold on contract basis or future deliveries to prospective clients.

 

Our company efficiently cooperates with international and Russian oil, gas, service and engineering companies, and have the experience to operate regions such as the Vladivostok, Nizhnevartovsk, Novy Urengoy, Kuyumba, Ukhta, Pechora, Sakhalin, Houston, Rotterdam and others.

 

‘’NKT" TANK FARM utilizes Tank Storage Facilities in the Port of Rotterdam and in the Upper Baltic Sea Region of Primorsk Commercial Sea Port that allows for the simultaneous loading of Multiple vessel tankers with deadweight of up to 50 - 150 thousand tons with a capacity of up to 6,500 tons per hour in Primorsk Port, Ust Luga Port and the loading of multiple vessel tankers with deadweight up to 75 thousand -to- 150 thousand tons with a capacity of up to 4,500 and 6,500 tons per hour in the port of Rotterdam

OUR VISION & STRATEGY

  As global population and GDP are growing, the world’s demand for energy and chemicals is rising as well. We see a growing geographic imbalance between areas of production and areas of consumption of energy and petrochemicals. This has led to the transportation of oil, gas and petrochemicals over longer distances around the world. At the same time, markets and product flows has constantly changed, in response to more ambitious climate change policies, to geopolitical and economic fluctuations and to the development of new energy sources and cleaner fuels. The result is a growing demand for storage and handling of bulk liquids and gases at key locations along global marine trade routes.

 Determining the best locations for our terminals requires a long-term vision of global geo-economic developments, while constantly changing product flows demand flexibility and short-term action in the day-to-day work at the terminals. In such a dynamic context, our leadership depends on our ability to excel in three areas — the three pillars of our strategy.

First, we aim to grow, maintain and adapt our global network of terminals to connect global products flows. Our experience and our market knowledge enables us to identify the right locations for our terminals to create longterm value. In light of the changing energy and petrochemical landscape and a continuing economic shift from West to East, Vopak our partner focuses on four categories of terminals. These are major hubs; gas terminals; terminals serving markets with structural deficits; and industrial and chemical terminals in the Americas, the Middle East and Asia. These categories guide us in making an early selection of the most promising opportunities for growing our network, for expanding and improving existing locations and for identifying assets for divestment, thereby improving the risk-return profile of our global terminal portfolio. We call this Growth Leadership.

After that, the pile foundation was installed, and the installation of the oil terminal building began this summer. This is less than 2.5 months for ’Nekst”  of the New Port. "You can work only during the summer navigation, and it lasts from August to early October," explained Vladimir Krupenikov. - In winter, the temperature in these places can reach -50 degrees, the Ob Bay and the Kara Sea are covered with ice on average 270 days a year.

The terminal will be delivered to Cape Stone by a large-capacity cargo vessel Korex-2 from the shipyard GPC in Abu Dhabi. As explained in the "’Nekst”  New Port", the choice of shipyards in the United Arab Emirates was influenced by both economic considerations and the possibility of sanctions restrictions. The company recognizes that the imposition of a number of Western states on the embargo on the Russian Federation has had a significant impact on the implementation of the project. "Fortunately, the contract for the design and construction of the terminal was concluded prior to the application of sanctions, but some types of equipment fell under them," said Vladimir Krupenikov. "As a result, we were forced to look for analogues and redesign individual units of the installation, which led to an increase in the cost of the project, but practically did not affect the schedule of work."

 

OPERATIONAL LEADERSHIP

 We strive for the best constructional, operations and equipment maintenance of our terminals to deliver safe, efficient and clean storage and handling services at competitive costs. This requires a passion for continuous improvement in the daily work at the terminals.

At NKT SHIPPING, we value the personal connection and the close working relationship among employees, with partners, contractors, customers and authorities. We value sharing best practices and learning from each other. We believe in team spirit and agility in order to act swiftly on response to changing circumstances and demands while upholding our commitment to safety, health and the environment.

CUSTOMER LEADERSHIP

We want to provide the best services to our customers. The majority of our customers are leading international, regional and national companies operating in the oil, chemicals and gas sector, for which NKT SHIPPING stores a large variety of products destined for a wide range of industries. Customers  includes producers, distributors and traders, with whom we aim to build long-term business relationship and true partnership. This requires integrity, commitment stability and the ability to respond adequately to both the long-term and short-term needs of our customers.

NETWORK

In light to the changing energy and petrochemical landscape and a continuing economic shift from West to East over the globe, NKT SHIPPING has updated its terminal portfolio criteria for its existing terminal networks and its business development activities. We have defined terminal portfolio criteria on four types of business models as depicted hereafter. The early selection of growth opportunities on the basis of these criteria will ensure a focus on projects that are in line with our strategy. Together with the improvements at our existing key locations, the strengthening of our service levels and our defined divestment program of assets, the risk-return profile of our global terminal portfolio will be further aligned with the defined strategic criteria.