Storage tanks

General Finance Corporation Declares Dividend of $2.30 Per Share on Its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock

Retrieved on: 
Friday, July 10, 2020

PASADENA, Calif., July 10, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that in accordance with the terms of its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:GFNCP) (the Series C Preferred Stock), the Board of Directors has declared a cash dividend of $2.30 per share.

Key Points: 
  • PASADENA, Calif., July 10, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that in accordance with the terms of its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:GFNCP) (the Series C Preferred Stock), the Board of Directors has declared a cash dividend of $2.30 per share.
  • The dividend is the twenty-ninth dividend being paid by the Company on its Series C Preferred Stock and is payable with respect to the period commencing on April 30, 2020 and ending on July 30, 2020.
  • This dividend is payable on July 31, 2020 to preferred stockholders of record as of July 30, 2020.
  • Headquartered inPasadena, California,General Finance Corporation(NASDAQ: GFN, www.generalfinance.com ) is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions.Managements expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Companys subsidiaries.The CompanysAsia-Pacificleasing operations inAustraliaand New Zealand consist of wholly-ownedRoyal Wolf ( www.royalwolf.com.au ), the leading provider of portable storage solutions in those regions.The CompanysNorth Americaleasing operations consist of wholly-owned subsidiariesPac-Van, Inc. ( www.pacvan.com ) andLone Star Tank Rental Inc. ( www.lonestartank.com ), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings.The Company also ownsSouthern Frac, LLC ( www.southernfrac.com ), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties ( www.southernfabricationspecialties.com ), other steel-related products in North America.

Ohio Fabricators Announces New Line of Filler and Tank Breathers for Hydraulic Systems

Retrieved on: 
Thursday, June 18, 2020

The breathers provide filler ports for hydraulic power unit tanks or other liquid reservoirs.

Key Points: 
  • The breathers provide filler ports for hydraulic power unit tanks or other liquid reservoirs.
  • Liquids are strained as they are added to the tank and let the tank breathe filtered air while keeping out airborne particles.
  • The breather cap allows air and moisture to exit the hydraulic tank as the fluid level in the tank rises, and it filters ambient air that is pulled into the tank as fluid levels in the tank fall.
  • Since 1945, Ohio Fabricators Company (OFCO) has been a leader in custom-manufactured filters, strainers, diffusers and screens for a wide variety of industries.

McDermott Wins Storage Tank of the Year Awards

Retrieved on: 
Tuesday, June 9, 2020

HOUSTON, June 9, 2020 /PRNewswire/ -- McDermott International, Inc. today announced CB&I Storage Solutions has been recognized with two Field Erected Storage Tank of the Year awards from the Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA).

Key Points: 
  • HOUSTON, June 9, 2020 /PRNewswire/ -- McDermott International, Inc. today announced CB&I Storage Solutions has been recognized with two Field Erected Storage Tank of the Year awards from the Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA).
  • CB&I Storage Solutions won the API 620 Low Pressure Liquid Storage Tank Category for the engineering and construction of two Egg-Shaped Digesters for Gloucester County Utilities Authority in West Deptford, NJ.
  • Additionally, CB&I Storage Solutions was a co-winner of the ASME Pressure Vessel Storage Category for the engineering, procurement, fabrication and construction of one semi-refrigerated LPG sphere in Callao, Peru.
  • "These awards recognize steel construction projects and products that exemplify the steel tank industry," said Cesar Canals, Senior Vice President of CB&I Storage Solutions.

MMC Norilsk Nickel: CLEAN-UP UNDERWAY AFTER ACCIDENTAL DIESEL SPILL AT NORILSK NICKEL'S HEAT AND POWER PLANT №3

Retrieved on: 
Wednesday, June 3, 2020

OnMay29, 2020, anaccidental damage toadiesel fuel storage tank resulted ina leak of 21kt of fuel atHeat and Power Plant 3(HPP-3) inthe Kayerkan neighborhood ofthe city ofNorilsk.

Key Points: 
  • OnMay29, 2020, anaccidental damage toadiesel fuel storage tank resulted ina leak of 21kt of fuel atHeat and Power Plant 3(HPP-3) inthe Kayerkan neighborhood ofthe city ofNorilsk.
  • The accident was caused byasudden sinking ofsupporting posts in the basement ofthe storage tank.
  • The HPP-3 is located in a remote area, no local community has been impacted.
  • Norilsk Nickel's NTEC and the government's environmental agency (Rosprirodnadzor) have organized joint aerial inspections ofthe water bodies ofthe Norilo-Pyasinsky water system tosearch for possible diesel contamination occurrences.

Pennsylvania American Water Unveils $6 Million Plan for Water Storage Upgrades

Retrieved on: 
Monday, May 18, 2020

Pennsylvania American Water today announced its 2020 plans to rehabilitate seven of its water storage tanks.

Key Points: 
  • Pennsylvania American Water today announced its 2020 plans to rehabilitate seven of its water storage tanks.
  • Pennsylvania American Waters tank rehabilitation program of inspecting, sandblasting and repainting tanks will extend their service lives and protect water quality.
  • During the past five years, Pennsylvania American Water has invested more than $34 million to maintain, rehabilitate and construct water storage tanks.
  • Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.4 million people.

Generational Equity Advises Compliance Testing & Technology in Its Sale to Tanknology

Retrieved on: 
Monday, May 18, 2020

Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Compliance Testing & Technology, Inc. to Tanknology, a portfolio company of Hamilton Robinson Capital Partners.

Key Points: 
  • Generational Equity , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Compliance Testing & Technology, Inc. to Tanknology, a portfolio company of Hamilton Robinson Capital Partners.
  • Located in Cedarburg, Wisconsin, Compliance Testing & Technology, Inc. (CT&T) provides environmental compliance services including underground storage tank (UST) compliance, aboveground storage tank (AST) services, cathodic protection services, tank cleaning and leak detection services.
  • Tanknology is the global leader in underground storage tank testing, inspection and compliance management.
  • Generational Equity , Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors , and DealForce are part of the Generational Group , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

HazardHub develops the first national LUST (Leaking Underground Storage Tanks) database

Retrieved on: 
Thursday, May 7, 2020

SAN DIEGO, May 7, 2020 /PRNewswire-PRWeb/ -- HazardHub, the USA's fastest-growing supplier of geospatial risk data and a 2019 Insuretech 100 company announced that they have developed the first-ever national database of Leaking Underground Storage Tanks (LUSTs).

Key Points: 
  • SAN DIEGO, May 7, 2020 /PRNewswire-PRWeb/ -- HazardHub, the USA's fastest-growing supplier of geospatial risk data and a 2019 Insuretech 100 company announced that they have developed the first-ever national database of Leaking Underground Storage Tanks (LUSTs).
  • Rachel Revolinski, Senior GIS Specialist for HazardHub says, "We are very excited to release the latest update to our Underground Storage Tank (UST) database that now includes whether the tank was ever flagged as leaking.
  • The result is the only national, comprehensive database of LUSTs (Leaking Underground Storage Tanks)."
  • HazardHub's Underground Storage Tank database is national, while 42 states will have the "leaking" designation.

Pre & Post COVID-19 Market Estimates-Global Cryogenic Tanks Market 2020-2024 | Evolving Opportunities with Air Products and Chemicals Inc. and Air Water Inc. | Technavio

Retrieved on: 
Wednesday, April 22, 2020

In addition, the growing brewery industry in APAC is anticipated to boost the growth of the cryogenic tanks market.

Key Points: 
  • In addition, the growing brewery industry in APAC is anticipated to boost the growth of the cryogenic tanks market.
  • The company offers a wide range of cryogenic tanks such as bulk storage tanks, microbulk systems, and bulk CO2 carbonation.
  • The company offers a wide range of cryogenic tanks such as CMSH, CL, CLPB, CFN, CLD, and CHD series.
  • The company offers a wide range of cryogenic tanks such as cryogenic transport trailers and ABS and ISO portable tanks.

GENERAL FINANCE CORPORATION DECLARES DIVIDEND OF $2.25 PER SHARE ON ITS 9.00% SERIES C CUMULATIVE REDEEMABLE PERPETUAL PREFERRED STOCK

Retrieved on: 
Friday, April 10, 2020

PASADENA, Calif., April 10, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that in accordance with the terms of its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:GFNCP) (the Series C Preferred Stock), the Board of Directors has declared a cash dividend of $2.25 per share.

Key Points: 
  • PASADENA, Calif., April 10, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that in accordance with the terms of its 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:GFNCP) (the Series C Preferred Stock), the Board of Directors has declared a cash dividend of $2.25 per share.
  • The dividend is the twenty-eighth dividend being paid by the Company on its Series C Preferred Stock and is payable with respect to the period commencing on January 31, 2020 and ending on April 29, 2020.
  • This dividend is payable on April 30, 2020 to preferred stockholders of record as of April 29, 2020.
  • Headquartered inPasadena, California,General Finance Corporation(NASDAQ: GFN, www.generalfinance.com ) is a leading specialty rental services company offering portable storage, modular space and liquid containment solutions.Managements expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Companys subsidiaries.The CompanysAsia-Pacificleasing operations inAustraliaand New Zealand consist of wholly-ownedRoyal Wolf ( www.royalwolf.com.au ), the leading provider of portable storage solutions in those regions.The CompanysNorth Americaleasing operations consist of wholly-owned subsidiariesPac-Van, Inc. ( www.pacvan.com ) andLone Star Tank Rental Inc. ( www.lonestartank.com ), providers of portable storage, office and liquid storage tank containers, mobile offices and modular buildings.The Company also ownsSouthern Frac, LLC ( www.southernfrac.com ), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties ( www.southernfabricationspecialties.com ), other steel-related products in North America.

Diakont Receives Emerging Technology Award For Robotic Online Tank Floor Inspection Services

Retrieved on: 
Monday, March 16, 2020

CARLSBAD, Calif., March 16, 2020 /PRNewswire-PRWeb/ -- Diakont was presented with the Emerging Technology Award for their online robotic tank floor inspection technology during this year's Global Tank Storage Awards, hosted by Tank Storage Magazine at the StocExpo Conference in Rotterdam, Netherlands.

Key Points: 
  • CARLSBAD, Calif., March 16, 2020 /PRNewswire-PRWeb/ -- Diakont was presented with the Emerging Technology Award for their online robotic tank floor inspection technology during this year's Global Tank Storage Awards, hosted by Tank Storage Magazine at the StocExpo Conference in Rotterdam, Netherlands.
  • Diakont uses its fleet of certified explosion-proof robotic tank inspection crawlers to perform comprehensive inspections of the critical steel floor plates of large aboveground petroleum storage tanks, while the tanks remain filled and in operation.
  • Diakont's robotic inspection services eliminate this risk, since the robots enter the tank instead of the personnel.
  • The Emerging Technology Award is presented to a cutting-edge technology that allows forward-thinking storage terminals to keep pace with a rapidly changing working environment.