Tank operators adjust to commodity status

The Hamburg-based Hoyer Group, which is one of the world’s largest operators of tank containers and other equipment for transporting liquids and gases, is to invest over €100M, in assets, digitalisation programmes and infrastructure.

Globalstar Europe Satellite Services Ltd, part of Globstar, Inc, is to equip all INEOS Oxide’s tank containers and tank wagons in Europe with its Ovinto Sat real-time tracking and monitoring devices

A European logistics provider has deployed the Ovinto Sat smart asset monitoring system on tank containers.

VTG is getting out of the tank container operating business as it changes strategy to focus on tank container leasing.

The multimodal logistics specialist is investing heavily in intermodal transport assets and terminal facilities in Europe and China

In the context of the war against Ukraine and the sanctions imposed on Russia in response, VTG AG has decided to discontinue its Russian business activities and divest the corresponding organizational units