In a significant move towards sustainable energy development, Vopak has entered into a strategic cooperation agreement with the delegation led by the vice mayor of Tianjin. This collaboration is aimed at repurposing the infrastructure of Vopak Tianjin to accommodate new energy sources, such as green methanol, sustainable aviation fuel, and potentially ammonia and Liquid Organic hydrogen [...]
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 [...]
Engro Vopak Terminal located in Pakistan has achieved a safety milestone of 2 years free from reportable incidents. This milestone means that no one has been seriously injured while working at the terminal in the past 2 years, and there have also been no risky spills. Vopak comments: ‘Safety is our highest priority, we strive [...]
Gate terminal, a joint venture of Dutch gas operators Vopak and Gasunie, has selected Sacyr Engineering and Infrastructure to deliver the owner engineering services for the fourth LNG storage tank in the port of Rotterdam. The contract was awarded to Sacyr’s engineering subsidiary Sacyr Proyecta as part of Gate terminal’s expansion plan to add a [...]
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 [...]
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 has launched a strategic review of its three chemicals terminals in the Port of Rotterdam, Netherlands with the outcome potentially including partial divestment of the sites, the firm said on Wednesday. As the Netherlands-based company continues to reshape its portfolio in favour of new energies and feedstocks, the firm has initiated a review of [...]
Tank storage company Vopak and German hydrogen company Hydrogenious are starting a joint venture in the storage, transport and supply of hydrogen via hydrogen carrier benzyltoluene Through LOHC Logistix, the companies are committing to building a plant in Rotterdam that can initially decouple 1.5 tonnes of hydrogen per day from this carrier. No final decision [...]
A group of 18 companies led by the Port of Rotterdam Authority has launched a study into the feasibility of establishing a large-scale ammonia cracker to enable imports of around 1m tonnes of hydrogen annually for the decarbonisation of industry and mobility. A large part of the hydrogen for North-West Europe will be imported, including [...]
Dutch tank storage firm Vopak (VOPA.AS) upgraded on Friday its core profit and operating cash return outlook for the full year while continuing to cash in on a strong momentum in renewable energy and liquefied natural gas (LNG). The fall in Russian oil and gas supplies after Moscow’s invasion of Ukraine has left Western economies [...]
