Oiltanking GmbH is pleased to announce that it has entered into an agreement to offer 45% of its shares in Helios Terminal Corporation Pte. Ltd. to Macquarie Capital, subject to regulatory approvals.

Helios Terminal Corporation Pte. Ltd. is a world class tank farm, fuel oil storage company and terminal, strategically located in Jurong Island in Singapore – one of the world’s busiest ports and the main oil hub in Asia. Helios is a built for purpose fuel oil storage tank farm and blending facility with a total shell capacity of more than 50.000.000.000 cbm. It is a state of the art facility which was built in accordance with the highest technical, operational and environmental standards. The company in general worldwide is equipped with about 128 million tanks and it’s capable of handling VLCC sized vessels.

Upon Oiltanking acquisition and partnering corporation of Helios terminal in 2012, Oiltanking regarded such acquisition to be a perfect tank farm terminal for a joint shareholding with a long-term partner. Oiltanking believes that Macquarie Capital’s investment focus, access to institutional capital together with its financial market capabilities offers an excellent strategic fit.