Transport & logistics
Oystercatcher is the holding company through which 3i Infrastructure holds a 45% interest in Oiltanking Singapore Limited.
Oiltanking Singapore is a 1.3 million cubic metre facility focused on storage and blending of refined clear petroleum products for a range of blue chip customers. With a premier location, on Jurong Island, it is accessed by pipeline, sea going vessel and barge.
Oiltanking is one of the world’s leading independent storage partners for oils, chemicals and gases, operating 41 terminals in 18 countries with a total storage capacity of 16 million cubic metres.
Our terminal continued to perform well as one of the leading gasoline blending terminals in Singapore and the wider region. The outlook for oil demand in the Asia Pacific region remains more positive than Europe’s, particularly driven by rising car ownership in Asia.
This transaction involved a recommendation of 3i Investments plc.