New environmental permit boosts STS’ operation in Malmö

Scandinavian Tank Storage (STS) has received an environmental permit giving the company the right to handle double its oil handling volume on the quays of Malmö’s oil port. STS and Copenhagen Malmö Port (CMP) both have a clear focus on environmental issues and work continuously to improve the safety of oil handling activities.

The new permit gives STS the right to handle four million tonnes of oil a year in Malmö, against the 2.1 million tonne annual limit which applied until the end of 2010.

“Our volumes in Malmö have increased gradually as a result of a determined marketing effort and continuous improvements to the terminals. With our last permit we hit the ceiling and had to cut the flows. It feels very good that the new permit is now in place, as this will enable us to further step up our marketing of Malmö as a key storage and trans-shipment port. Longer term, we are of course hoping that volumes will increase,” Claes Jacobsson, STS’ chief executive, says.

STS has been operating in Malmö’s oil port since 1996, where the company has established itself as a hub for storage and trans-shipment port for oil products. Oil from Russia and other locations is stored at the port before being shipped to destinations around the world.

“Malmö is well placed geographically, and this is also where we have our largest tank capacity. Storing oil in tanks rather than caverns creates more flexibility, as you can store several different grades and mix the oil by pumping it from one tank to another,” Claes Jacobsson says, adding:

“We work continuously on environmental and safety issues. Features such as portable emergency stop and overfill prevention devices on all tanks are standard. The fact that CMP has recently installed new equipment which makes it possible to quickly seal off the harbour basin in the event of any oil leak from the ships in the oil port is certainly something that we welcome.”

Scandinavian Tank Storage is an independent storage company for petroleum-based products founded in 1993. The company has 20 employees and is represented in Iceland, Norway and seven Swedish ports. In Malmö’s oil port STS has a total storage capacity of 440,000 cubic metres and, with the new permit, the right to handle four million tonnes of oil per year.

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