Green bulk energy needs

Maritime News |Green Port

Having a broad portfolio is key to bulk liquid storage providers meeting the green energy needs of the future

UM Terminals, the Liverpool-headquartered terminal operator says that by maintaining a large number of products at strategically placed locations a company can adapt quickly to fluctuating demand and plan for the anticipated increase in demand for storage of alternative fuels, such as hydrogen.

“While there is an irreversible move towards reducing the world’s dependency on fossil fuels, there remains uncertainty about future product requirements, although there are lots of conversations at the moment about green energy and the role it will play,” commented Bryan Davies, UM Terminals’ managing director.

“This uncertainty means that companies like ours need to be agile and ready to meet the needs of our customers to store new, more sustainable fuels.

UM Terminals deliberately maintains a wide portfolio of around 40 products including vegetable oils, industrial, food and feed, chemical, fertiliser, fuels, biofuels and base oils.

It achieves this operating out of eight terminals, strategically located across the UK, with a current capacity of over 300,000 cubic metres of bulk liquid storage and an ambition to increase this by a third.

“Supply chains are looking a lot more closely at their last mile delivery, reducing road miles and storing nearer to their customers. It makes sense commercially, operationally and environmentally,” said Mr Davies.

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Source : portstrategy