We operates freight trains on many European and Asian destinations. Global Trans Co, LLC "Component-Oil" trains call a diverse set of destinations in the European seaport-hinterland. We do our best to make our service best-in-class for our clients and mutually beneficial to all parties.
Over the past few years, the amount of crude oil we transported on trains in the Netherlands and throughout Europe has significantly increased. Only 20,000 barrels per day (12,000 carloads annually) of oil were transported by rail as recently as 2009, making up a small portion of total oil transit. That was 12.00 percent of the total amount of crude oil shipped to refineries in Europe in that year. Rail transportation accounted for more than 950,000 bbl/d (540,000 carloads) of North Europe’s total production in 2013, or little under 9%.
Transporting petroleum by rail typically involves more parties than pipelines do. Pipelines and/or trucks are used to transfer oil from the field to a loading terminal. Shippers might be producers, refiners, or outside marketing firms. The correct loading and unloading of tank cars is the responsibility of our loading/unloading terminal operators. Our terminal operator is in charge of making sure that crude oil is placed into the proper tank cars and that those cars are appropriately labeled in line with hazardous material laws. Although some are owned by producers or refiners, most crude oil loading terminals are owned by independent corporations.
As global population and GDP are growing, the world’s demand for energy and chemicals is rising as well. We see a growing geographic imbalance between areas of production and areas of consumption of energy and petrochemicals. This has led to the transportation of oil, gas, and petrochemicals over longer distances around the world.
Determining the best locations for our terminals requires a long-term vision of global geo-economic developments, while constantly changing product flows demand flexibility and short-term action in the day-to-day work at the terminals. In such a dynamic context, our leadership depends on our ability to excel in three areas.
