Odfjell Terminals (Korea) Co. Ltd (OTK) is a joint venture between Odfjell Terminals* (50%), KPIC (43.59%), Damyoung (5.04%) and Samhan (1.37%). OTK started operations in 2002. It has become a state of the art terminal for storage and distribution of petrochemicals.
Strategically situated in the port of Ulsan, the terminal is perfectly positioned to serve as a distribution hub for China, Taiwan, Japan and Korea.
The terminal was built and equipped to meet Odfjell’s high safety and environmental standards. OTK operates 85 tanks. Tank sizes range from 550 to 9,990 cbm. As a result of the buoyant demand for tank storage in the region, OTK has completed several expansion programmes during the last few years, raising the total capacity of the terminal to 313,710 cbm. The terminal has a total of 15, 860 cbm stainless steel tankage, spread over 11 tanks ranging from 550 to 2,200 cbm.
To serve incoming and outgoing ships, OTK makes use of six berths with maximum 14.3 metre water depth. Two of them are accessed through a user agreement with KPIC. The latter berths have a maximum of 14.3 metre water depth and can accommodate vessels up to 100,000 dwt. Road tank trucks and iso-tank containers are handled at OTK’s 17 bays. OTK also offers comprehensive drum filling and container stuffing services.
OTK is ISO-14001, ISO-9001, OHSAS 18001 certified and CDI-T accredited. The terminal has received several awards from government agencies for its contribution and commitment to a safe an healthy environment both for its employees and for the community at large.
*Odfjell Terminals is owned by Odfjell SE (51%) and Lindsay Goldberg (49%).