Given the increasing oil demand and import calling for storage facilities, oil tank farms with large terminals are still in great demand in China. The two oil storage and terminal facility projects currently under construction in Zhoushan and Dalian are located in a major deep-water port and a commodity trade hub in China respectively. Upon completion, they are expected to contribute stable rental income in the long term.
The Group's terminal and oil tank projects are advantageously positioned among peers in terms of their scale and design throughput in China. The projects will mainly serve the needs for strategic reserve, commercial storage and transshipment trade. The Group will refine the tenant mix of target clients according to different leasing ROIs (Return On Investment), and may work with major international oil companies or traders for storage and transportation hubs usage.
The Group’s oil storage and terminal facilities are equipped with advanced DCS system, storage video surveillance system, radar level transmitters on every storage can and flow meter during the import and export process, which together allow for round-the-clock comprehensive monitoring.
All of the Group’s oil storage and terminal facilities are constructed in accordance with optimal technical design together with the most advanced equipments, maximizing efficiency and throughput capacity of oil imports and exports to provide our customers with quality service.
With its rich oil storage and loading dock operational experience, the Group is an industry leader in terms of operational safety, environmental protection and efficiency. This includes maintaining a necessary effective communications with regulatory authorities regarding the bonded bunker business in order to meet regulatory requirements and simplify the regulatory process, time and cost savings for customers, etc.
All these competitive advantages allow us to provide quality and efficient storage services to all of our customers.