- Growing demand for storage, blending and transshipment services for gasoline and other light oil products has prompted tank storage company Vopak to expand its terminal currently under construction in Amsterdam’s Westpoort industrial zone.
- The 620,000 cubic meters of storage capacity provided by phase 1, which is already under construction, will be increased by a further 570,000 cubic meters.
- After the phased completion of the terminal between 2011 and 2012, total storage capacity will be approximately 1.2 million cubic meters.
Royal Vopak has decided to expand its storage terminal for oil products in the Port of Amsterdam on which construction started in 2009. The terminal will help to meet the huge demand for storage capacity in the Amsterdam-Rotterdam-Antwerp (ARA) region. The Port of Amsterdam plays an important international role in the ARA region as a logistics hub for gasoline and related product
flows between Europe, North America and Asia. With the growing geographical imbalance between supply and demand, the new Vopak terminal will enable both existing and new customers to strengthen their positions. A substantial proportion of the total storage capacity has already been leased on a long-term basis from the completion date.
Automotive gas oil (diesel fuel) and gasoline products will be blended at the terminal with other components to bring them up to specification for the various markets. Gasoline will be distributed by tanker to such destinations as the United States of America, where there is a structurally high demand for gasoline. In addition, tank barges will serve the European market by inland waterway.
The terminal will have two marine jetties handling ocean-going vessels of up to 120,000 DWT and eight berths for coasters and barges of up to 20,000 DWT.
Profile
Royal Vopak is the world's largest independent tank storage service provider, specializing in the storage and handling of liquid and gaseous chemical and oil products. Vopak operates 79 terminals with a storage capacity of more than 28 million cbm in 31 countries. The terminals are strategically located for users and the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.