Euro Tank Terminal BV Team

Seasoned team with over 16 years of collective experience

Michael has 33 years of storage and logistics experience. Michael started in the storage and logistics industry directly from university in 1982 in GATX in the US learning terminal operations and engineering. After obtaining an MBA his career developed commercially and as a leader.

Michael spent 8 years establishing Vopak’s joint ventures in both Shanghai and in Malaysia.

Michael was recruited as COO of the VTTI Group in 2007 where he was based in Holland and was responsible for the global operations of the Group across Argentina, Belgium, Latvia, Malaysia, The Netherlands, Nigeria, Kenya, Russia, the UAE and the USA.

In 2009 he became the General Manager of VTTI Asia

VTTI has 11 terminals, approx. 4 MMCBM capacity, revenue $350m, and EBITDA $230m.

Semrad Olson is the Chief Financial Officer at Euro Tank Terminal BV, where he manages the company's finances, including investments, corporate functions and banking relationships.

Prior to Euro Tank Terminal BV, Semrad served as treasurer for VTTI, the global oil storage terminal operator. He joined VTTI at the start up stage, was instrumental in the growth of the terminal portfolio, and was responsible for arranging multi-million dollar bank financing, to fund the expansion of VTTI. He also played a key role in taking VTTI public in 2014, and subsequently bringing VTTI to the US Private Placement market for a debt refinancing deal in 2015. Semrad also held leadership roles in Vopak and ABB Lummus.

He holds a BS in Accountancy from the Nanyang Technological University in Singapore, and a MSc in Finance from Erasmus University in the Netherlands.

Hacun Declan

Corporate Finance Director

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Hacun has 25 year career in M&A and corporate finance, which startedwith Deloitte.  He joined ETT in Singapore in January 2019 and his focus is on executing ETT’s strong pipeline of acquisitions and new development opportunities and funding.

For the previous 10 years Hacun worked for private equity owned businesses in Corporate Finance and CFO roles.  Most recently Hacun was Head of Corporate Finance at Apollo Towers, a large telecom infrastructure business in Myanmar.  Prior to that Hacun was a private equity investor with Dubai International Capital, Prudential and 3i.  He has led and managed numerous PE investments, acquisitions and fund-raisings with transaction size of up to $1bn. 

Hacun has lived and worked in Asia and the Middle East for the last 20 years. He is a member of the Institute of Chartered Accountants of Scotland and a graduate of the University of Strathclyde.

Vann Mclaughlin

Director Europe, Middle East, Africa

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Vann has spent the last decade working in various commercial and senior management roles within the energy commodity sector, focusing on storage
and logistics .

After graduating from Delft University of Technology with a master’s degree in engineering he went to work for Vopak in Rotterdam where he was part of the business development team for Europe, Middle East and Africa.

Vann subsequently joined Mercuria, one of the world’s largest independent energy trading companies, and worked in a small team to build out its midstream asset portfolio, including the storage terminals that were named as “Vesta Terminals”, of which 50% was divested to Sinomart KTS Development Ltd (part of Sinopec) in 2012.

After having held several senior roles (including Managing Director of the largest terminal of Vesta located in Antwerp, and Chief Commercial Officer
for the group), Vann was appointed CEO and was responsible for leading the company in the period from 2014 until Q2 2016 when he joined the newly established Euro Tank Terminal BV.

Schneidar Kurt

Technical Director

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Schneidar Kurt, a Chartered Mechanical Engineer, started his career with BP before moving to Horizon Terminals and then VTTI.  He joined the Euro Tank Terminal BV in December 2016 and is the Technical Director responsible for all the Group’s construction and development project as well as providing technical advice to existing operations.

Over the last 24 years Schneidar has been directly responsible for developing over 4.5 million m3 of storage in the Far / mid-East, Africa, Europe and the Americas.

Most recently, and immediately prior to joining ETT he was the Engineering Manager for a LPG to Power project located in the USA.

Schneidar has extensive experience of Project Development and Implementation including all aspects of the Design and Construction of Oil and Gas Storage Facilities including the jetties / pipelines that serve them.