The Netherlands, 11 November 2022 Vopak reports improved EBITDA of EUR 227 million in Q3 2022 and raises its full-year 2022 EBITDA outlook to around EUR 8 9 0 million Key highlights - excluding exceptional items Improved financial performance supported by business conditions and currency gains. 2022 outlook for EBITDA and proportional operating cash return increased. Growing our footprint in industrial terminals in China and increased send-out capacity in Gate LNG terminal in Rotterdam....
The Netherlands, 27 July 202 2 Vopak reports improved results and asset impairment charges Well diversified portfolio, proactively repurposing some of the existing assets to accelerate towards new energies and sustainable feedstocks Q2 2022 Q1 2022 Q2 2021 (restated) in EUR millions HY1 2022 HY1 2021 (restated) 338.0 324.1 303.1 Revenues 662.1 603.2 Results -excluding exceptional items- 219.4 213.1 204.7 Group operating profit / (loss) before depreciation and amortization (EBITDA) 432.5 403.3...
Royal Vopak successfully renewed a EUR 1 billion sustainability-linked revolving credit facility the Netherlands, June 30th, 2022 Today Vopak successfully renewed its EUR 1 billion senior unsecured revolving credit facility (RCF) with a syndicate of 12 international relationship banks.This new facility replaces the current RCF of EUR 1 billion, which has been in place since June 2016. The new RCF is linked to our performance on three key topics from Vopak’s sustainability roadmap: our safety...
Royal Vopak: Capital Markets Update The Netherlands, 8 June 2022 Vopak's strateg ic priorities - Shaping the future Today, Royal Vopak (Euronext: VPK) hosts its Capital Markets Day in Rotterdam, the Netherlands. The update features Vopak's strategic priorities and financial framework. Improve performance of our portfolio Vopak aims to improve the performance of the portfolio and targets an operating cash return of at least 10% by 2025. Operating cash return is defined as proportional operating...
Indian partnership Aegis Vopak Terminals successfully completed Mumbai, India / Rotterdam, the Netherlands, 25 May 2022 Today, the earlier announced partnership Aegis Vopak Terminals Ltd has been successfully completed. Aegis Vopak Terminals will become the largest independent tank storage company for LPG and chemicals in India. LPG is earmarked by the Indian government to provide cleaner and safer cooking fuels for households. Since the announcement in July 2021, 3 additional terminals with an...
Royal Vopak: New Date Capital Markets Day Vopak has rescheduled its Capital Markets Day to 8 June 2022 from 12 May 2022. Michiel Gilsing, Vopak’s CFO, had a non-work related accident this week and the new date allows the necessary time for his recovery. We apologize for any inconvenience. Vopak's Capital Markets Day on 8 June will take place in Rotterdam, the Netherlands with in-person attendance for analysts and investors. It will also be possible to attend the event via a live webcast that...
Gasunie and Vopak will jointly develop future open access hydrogen import terminal infrastructure Terminal infrastructure is essential for importing green hydrogen to reach the European Green Deal targets Groningen / Rotterdam, the Netherlands, 2 May 2022 Gasunie and Vopak today announced that they have entered into a cooperation agreement. The aim is to jointly develop future terminal infrastructure projects that will facilitate the necessary imports of hydrogen into Northwest Europe via Dutch...
Resolutions passed by Vopak’s Annual General Meeting Rotterdam, the Netherlands, 20 April 2022 The Annual General Meeting of Koninklijke Vopak N.V. (Royal Vopak) held on 20 April 2022 passed the following resolutions: ● Positive advisory vote implementation remuneration policy for the 2021 financial year. ● Adoption of the financial statements for the 2021 financial year. ● Approval of the proposed dividend. A dividend of EUR 1.25 per ordinary share with a nominal value of EUR 0.50 will...
Vopak reports on Q1 2022 financial results Rotterdam, the Netherlands, 20 April 2022 in EUR millions Q1 2022 Q4 2021 Q1 2021 Revenues 324.1 315.2 300.1 Results -excluding exceptional items- Group operating profit before depreciation and amortization (EBITDA) 213.1 212.5 198.6 Group operating profit (EBIT) 125.8 121.9 120.7 Net profit attributable to holders of ordinary shares 74.7 69.1 72.5 Earnings per ordinary share (in EUR) 0.60 0.55 0.58 Results -including exceptional items- Group operating...
Gasunie, HES International and Vopak join forces to develop an import terminal for a hydrogen carrier in the port of Rotterdam 11 April 2022, Rotterdam/Groningen, the Netherlands Gasunie, HES International (HES) and Vopak will be working together to develop an import terminal for green ammonia as a hydrogen carrier. The companies have signed a cooperation agreement to that effect. The cooperation is a response to growing global demand for the import and storage of green energy. This quarter,...
Vopak is pleased to announce that it will host its 2022 Capital Markets Day on 12 May 2022. Members of Vopak’s Executive Board and senior management will provide an update on Vopak’s priorities for the years ahead. Vopak's Capital Markets Day is scheduled to take place in Rotterdam, the Netherlands with in-person attendance for analysts and investors. It will also be possible to attend the event via a live webcast that will be publicly available via Vopak's website. A formal invitation for...
German LNG Terminal in implementation p hase with new shareholder structure Brunsbüttel / Hamburg, 5 March 2022 In view of current political developments and their impact on the gas market, the shareholders and management of German LNG Terminal GmbH on the one hand and the German Federal Government on the other have agreed on key points for further planning. On Friday, 4 March 2022, Gasunie and the Kreditanstalt für Wiederaufbau (KfW) (on behalf of the German Federal Government) signed a...
Resolution passed by Vopak’s Extraordinary General Meeting Rotterdam, the Netherlands, 17 December 2021 The Extraordinary General Meeting of Koninklijke Vopak N.V. (Royal Vopak ) held on 17 December 2021 passed the following resolution: Appointment of Mr. D.J.M. Richelle (Dick) as a member of the Executive Board as per 1 January 2022 for a term of 4 years until the close of the first general meeting to be held in 2026. About Royal Vopak Royal Vopak is the world’s leading independent tank...
MOL and Vopak reach agreement to jointly own and operate the FSRU for the new LNG terminal in Hong Kong 16 December 2021 - Tokyo, Japan / Rotterdam, the Netherlands Vopak will acquire 49.99% of the vessel owning company of MOL that owns a floating storage and regasification unit (FSRU) MOL FSRU Challenger, to be renamed Bauhinia Spirit. MOL and Vopak will jointly own and operate the FSRU and provide jetty operations & maintenance and port services for a new FSRU-based offshore LNG terminal in...
Vopak Moda Houston, LLC a annoncé aujourd’hui que son terminal maritime dans le port de Houston était désormais pleinement opérationnel. Formé en 2016, Vopak Moda Houston est une coentreprise entre Royal Vopak et Moda Midstream. Stratégiquement situé dans le corridor pétrochimique et de raffinage de Houston et à proximité de plusieurs pipelines d’avitaillement en ammoniac, hydrogène et azote, Vopak Moda Houston est le premier développement de terminal entièrement nouveau dans le...
Royal Vopak provides an update on the composition of its Executive Board Michiel Gilsing to succeed Gerard Paulides as CFO of Royal Vopak COO Frits Eulderink nominated for a next term Rotterdam, the Netherlands, 10 December 2021 The Supervisory Board of Royal Vopak will nominate Michiel Gilsing to succeed Gerard Paulides as CFO and member of the Executive Board, subject to shareholders approval and as per the date of the AGM scheduled for 20 April 2022. Frits Eulderink will be nominated for a...
Rotterdam, the Netherlands, 3 November 2021 Vopak is investigating the strategic options for its terminals in Australia. This may include continued operations or divestment. As the outcome of this process is currently unknown, no further details are disclosed. Material updates will be communicated via press releases. Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and new energies infrastructures. New growth investments in...
Eelco Hoekstra to be succeeded by Dick Richelle as CEO of Royal Vopak as per 1 January 2022 Rotterdam, the Netherlands, 20 October 2021 The Supervisory Board of Royal Vopak announces the upcoming succession of Eelco Hoekstra after having served 11 years as Chairman of the Executive Board and CEO of Royal Vopak. The Supervisory Board will nominate Dick Richelle to become Chairman of the Executive Board and take over as CEO as per 1 January 2022. Eelco Hoekstra has decided to step down and hand...