October 2012

Oiltanking Acquires Helios Terminal in Singapore

Located on Jurong Island in Singapore, the terminal of Helios has a total capacity of 500,000 cbm and is a built-for-purpose fuel oil storage and blending facility. Oiltanking already owns and operates two terminals in Singapore with a combined storage capacity of more than 1.7 million cbm. The acquisition further strengthens Oiltanking’s market position in Singapore and Southeast Asia.