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|

Vopak Terquimsa Enters Phase II Expansion

Vopak’s Spanish joint venture Vopak Terquimsa is set to begin construction work on the second phase of its expansion project at the Tarragona terminal. With this second expansion, Vopak Terquimsa will see its capacity reach more than 40,000 cbm, reinforcing its already leading storage position in the Port of Tarragona. The expansion will take place [...]

May 19th, 2018|Tank Terminal|

Dutch Firm Vopak 2017 Earnings Beat Expectations, Shares Surge

Vopak on Friday said core earnings excluding exceptional items fell 7 percent in 2017 to 763 million euros ($957 million), but the Dutch oil and chemical storage company still beat forecasts and its shares rose sharply. Analysts polled for Reuters had on average expected earnings before interest, taxation, depreciation and amortisation (EBITDA), including joint ventures, [...]

February 19th, 2018|Tank Terminal|

Vopak’s Terminal Barranquilla Received Bonded Warehouse Permit

Vopak’s Terminal Barranquilla in Colombia has received a Bonded Warehouse permit to store an additional 15,734 cubic metres of product without nationalizing. The company said this authorisation enables Vopak Colombia to better serve its customers. The Terminal Barranquilla is located near consumption and production centres and features some of the best infrastructure in the region. [...]

February 9th, 2018|Tank Terminal|