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Vopak, Blackrock's GEPIF To Buy Three Industrial Terminals From Dow For $620 Mln
Vopak Posts H1 EBITDA Down To EUR 403 Mln, Plans to Invest Up To Eur 500 Mln In 2020
Vopak Signs Agreements For New Debt Issuance Of Over $500 Million Equivalent
Koninklijke Vopak NV is a company based in the Netherlands engaged in the storage and handling of oil products, liquid chemicals, gases, bio fuels and vegetable oils. The Company offers storage and transshipment solutions at 74 tank terminals in 27 countries. The Company is organized into four regional divisions and a separate global business unit for managing and developing LNG terminals and projects, namely Netherlands; Europe, Middle East and Africa (EMEA); Asia; Americas; and Global LNG. The terminals are integrated into chemical complexes or refineries and support local logistics, as well as import and export activities. The Company offers services to support the logistics chain of chemical and oil industries, including tanker shipping and warehousing.
Ben J. Noteboom
Independent Chairman of the Supervisory Board
Eelco M. Hoekstra
Chief Executive Officer, Chairman of the Executive Board
Melchert Frans Groot
Vice Chairman of the Supervisory Board
Gerard B. Paulides
Chief Financial Officer, Member of the Executive Board
Chief Operating Officer, Member of the Executive Board
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* All terminals operational; limited virus impact so far (Updates with CFO comments, details)
* Q1 EBITDA OF EUR 200 MILLION (Q1 2019: EUR 215 MILLION PRE-DIVESTMENTS).
Dutch oil and chemical storage company Vopak said on Tuesday it has seen limited impact from the coronavirus outbreak so far and all its terminals remained operational.
Dutch oil, gas and chemical storage company Vopak reported higher fourth-quarter earnings on Wednesday, citing good performance from converted IMO 2020 capacity and contributions from new projects in Brazil, Mexico, Panama and Singapore.
Dutch oil, gas and chemical storage company Vopak reported higher fourth-quarter earnings on Wednesday driven by good performance from converted IMO 2020 capacity and contributions from growth-focused investments.
Industrial storage firm Vopak will develop a new terminal in China and expand existing ones in Belgium and Mexico to focus on chemicals as its oil terminals in Singapore become less profitable due to new shipping rules, it said on Monday.
Energy sector services provider Dialog Group on Tuesday said it is facing a lawsuit from a property investment firm claiming $1.35 billion from Dialog and its joint-venture partners, including Dutch oil storage group Koninklijke Vopak NV.
Vopak, the Dutch oil and chemicals storage company, said on Friday it had agreed to sell 3 terminals to First State Investments for 723 million euros ($812 million).
Global independent tank storage company Vopak <VOPA.AS> said on Friday it has inked an agreement with Engro Corp Ltd <EGCH.KA> to buy a 29 percent stake in Pakistan's first liquefied natural gas (LNG) import facility.
* Firms sees 2018 influenced by less favourable oil market (Adds share jump, net profit figure)
* Capacity down to 90 pct from historic high of 94 pct in 2016
Vopak, the world's largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.