Adding terminal storage capabilities to its fleet of marine transportation and logistics fleet, Mitsui O.S.K. Lines has acquired LBC Tank Terminals. LBC is currently inviting expressions of interest for its Vlissingen ammonia storage and cracking terminal, which is set to become operational in 2028.
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LBC Tank Terminals has completed a 100% share acquisition of Evolution Terminals, including plans to develop a new renewable commodities import terminal in Vlissingen, Netherlands. The new terminal features an initial phase of 150,000m3, and is expected to be operational at the end of 2028.