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Jurong Port acquires stake in Singapore’s Universal Terminal

Jurong Port Pte Ltd, which operates the only multi-purpose port in Singapore, has completed its acquisition of a 41% stake in Universal Terminal, a major oil storage terminal in Singapore. Universal Terminal operates 78 storage tanks, 15 jetties and two berths capable of receiving very-large crude carriers (VLCCs). The terminal is located on Jurong Island, […]

The post Jurong Port acquires stake in Singapore’s Universal Terminal appeared first on F&L Asia.

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