Tank storage company Vopak VOPA.AS on Wednesday raised its full-year profit target, as it beat quarterly earnings expectations on the back of strong demand for energy storage. Disruptions in energy supply chains due to the war in Ukraine have benefited Vopak, as the West invests in import terminals, floating storage and regasification to reduce its [...]
In an exciting development, it has been announced that a final investment decision has been reached for the expansion of Noord Natie Odfjell Antwerp Terminal (NNOAT). This expansion includes the construction of ten new tanks and an additional loading bay, marking another milestone in NNOAT’s impressive growth journey. The new tanks will provide an additional [...]
The Port of Antwerp-Bruges and the Perbadanan Kemajuan Negeri Perak (PKNP), a state development agency in Malaysia, have forged a strategic cooperation to develop the Port of Lumut. According to the Port of Antwerp-Bruges, the European Commission has awarded a €1.9 million ($2 million) grant for feasibility studies, recognising the port’s potential as a logistics [...]
Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the second half of 2027, the terminal will be based [...]
Vopak are thrilled to announce a significant milestone for Vopak Eurotank Terminal in Antwerp, Belgium. Thanks to the relentless efforts and collaboration of their dedicated team, alongside the unwavering support of the Port of Antwerp-Bruges, they are proud to offer their valued customers the full draft of 14 metres at their terminal. This achievement represents [...]
Advario, a Dutch-based renewable energy company, has announced plans to develop a cutting-edge energy storage terminal in the Port of Rotterdam. Advario signed a sales and purchase agreement with Aluminium & Chemie B.V. (Aluchemie), which will see its acquire Aluchemie’s land lease. Establishing a presence in the Port of Rotterdam, at the heart of the [...]
Royal Vopak and Nederlandse Gasunie have agreed in principle for Vopak to acquire 50% of EemsEnergyTerminal, in Eemshaven, the Netherlands. Gasunie put the 8-bcmy floating LNG terminal into service Sept. 15, 2022. Royal Vopak NV and NV Nederlandse Gasunie have agreed in principle for Vopak to acquire 50% of EemsEnergyTerminal BV, in Eemshaven, the Netherlands. [...]
Vopak is preparing for the storage of green ammonia in the Netherlands at its terminal in Vlissingen, with berths, pipeline and infrastructure availability, it said on Tuesday, as it gauges market interest. Two existing 55,000cbm liquefied petroleum gas (LPG) storage tanks can be re-purposed for ammonia, the tank storage company said, and it has space [...]
Dutch Gate terminal, a joint venture of Vopak and Gasunie, has taken initiatives to strengthen its position in the security of the LNG supply of Northwest Europe. Gate terminal to boost LNG capabilities Operational since 2011, Gate terminal’s initial capacity amount to 12 billion cubic meters per year (bcma) and can in the future [...]
The capacity of a planned off-shore gas storage facility will be doubled owing to growing interest in gas imports from neighbouring countries, the climate minister has announced. Anna Moskwa told an international congress in the eastern city of Lublin that capacity at the Floating Storage and Regasification Unit (FSRU), which will be located in the [...]
