Independent journal on economy and transport policy
13:22 GMT+1
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Vopak archivia first semester 2012 with a profit clearly of 193,4 million euros (- 26%)
Shell will be the first customer of the new terminal LNG Break Bulk of Vopak and Gasunie to Rotterdam
August 24, 2012
The terminalista group Dutch Vopak has concluded the first semester of this year with a profit clearly of 193,4 million euros, with a decrease of 26% regarding 261,6 million euros in the first half of 2011. The revenues are increased of 16% to 648,1 million euros and the operating costs have grown of 7% to 428,7 million euros. The operating profit of the group is piled to 279,9 million euros (- 17%) and the profit before taxes to 238,6 million euros (- 18%).
“Vopak - the chief executive officer of the group, Eelco Hoekstra has commented - work in a dumb context of dynamic and difficult market that with rapidity. We are pleased to announce that continuous Vopak to record a high question of storage services that are the result of the excellent positioning of the terminals of Vopak near main the hub logistic strategic. In spite of some decrease of the rate I use in some resorts, the base of the question of hydrocarbon storage remains elevated. However the question of chemicals services of storage of evidences different courses in various regions, being elevated in Asia, encouraging in America North and diversified in Europe. Even if in the first half of the year we have found improvements in the market of storage and handling of biocombustibili, the volumes continue to being unforeseeable”.
Vopak previews to close entire exercise 2012 with Gross Operating Margin (EBITDA) of 725-800 million euro regarding 636 million euros totaled in year 2011.
While Vopak and the Gasunie compatriot have announced to have signed an agreement with the oil group Shell, that she will become the first customer of the new terminal LNG Break Bulk that Vopak and Gasunie will realize in the harbour zone Maasvlakte di Rotterdam in an adjacent area to the Gate terminal developed from the two Dutch companies ( of 19 December 2007). The Gate terminal, for the import and regasification of which liquified natural gas, is used in order to receive high quantitative of LNG from all the world, while the new terminal LNG Break Bulk will receive the which liquified natural gas through a gas pipeline that will connect it to the Gate terminal and it will shunt it in smaller volumes towards the distribution. Vopak and Gasunie preview that the new terminal will become operating at the end of 2014.
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