Rotterdam storage

/Rotterdam storage

Port of Rotterdam to Study Possibilities of Installing More Shore-Based Power

The Port of Rotterdam Authority and the municipality of Rotterdam have commenced studies at various terminals at the port to introduce shore-based power to the container, cruise and liquid bulk sectors. Hutchison Ports ECT Rotterdam (ECT), APM Terminals (APMT) Maasvlakte II, Vopack and Cruiseport Rotterdam terminals are all closely involved in the studies. The findings [...]

January 2nd, 2022|Rotterdam storage, Storage News|

Oil Storage Group Vopak Cuts Growth Investments Guidance after Q3 Beat

Dutch oil and chemical storage company Vopak reported on Friday a profit beat for the three months to September but lowered its full-year guidance for growth investments. The group, which runs tank terminals worldwide, said its growth investments should reach about 275 million euros ($314.57 million) in 2021, down from the range of 300 million [...]

November 28th, 2021|Fuel Storage, Rotterdam storage, Storage News, Tank storage, Tank Terminal|

Several Rotterdam Terminals to Be Ready for Hydrogen Imports by 2025

In the Port of Rotterdam, the first companies are busily preparing for the storage, processing and transit of hydrogen: a promising energy carrier that will allow companies to make the transition to climate neutrality. Tank terminals at Europoort This is one of the findings of a study conducted by the Port Authority into the development [...]

November 28th, 2021|Fuel Storage, Rotterdam storage, Storage News, Tank storage, Tank Terminal|

VTTI to Close Antwerp Bitumen-Producing Refinery

Terminal owner VTTI is to close its bitumen-producing ATPC refinery in Antwerp, Belgium, stoking concerns about supply of the road-paving product after a string of recent capacity terminations.   Trading firm Vitol, which supplies feedstocks to and markets bitumen from the refinery, said today it had been “notified by VTTI of its intention to close [...]

October 28th, 2021|Fuel Storage, Rotterdam storage, Storage News|

Oil storage group Vopak’s profits hit by one-off charge, shares slump

Dutch oil storage company Vopak (VOPA.AS) on Wednesday reported second-quarter net profit that missed market expectations, after taking an impairment related to its terminal in Panama, sending its shares down nearly 8%. The group, which operates storage terminals around the world, reported net profit of 76.1 million euros ($89.86 million) in the three months to [...]

August 4th, 2021|Fuel Storage, Rotterdam storage, Storage News, Tank storage, Tank Terminal|

Vopak Invests in Extra Storage Capacity at Rotterdam for Biofuels

Vopak is investing in the Port of Rotterdam for the storage of waste-based feedstocks for the production of biodiesel and sustainable aviation fuel. The market for energy from renewable sources in Europe is rising as a result of the European Union’s Renewable Energy Directive II. A total of 16 new tanks with a combined capacity [...]

February 23rd, 2021|Rotterdam storage|
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