Vopak Divests Algeciras Terminal

Posted by Michelle Howard
Saturday, February 1, 2020

Royal Vopak completed the earlier announced divestment of its oil terminal in Algeciras to First State Investments. 

This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg and Algeciras) to First State Investments as previously announced.

On 12 February 2020, Vopak will publish its 2019 full-year results, including the financial results of the divestment which are in line with previous announcements made in 2019.

Categories: People & Company News Ports Logistics Terminal

Related Stories

Russia Grain Exports Plummet 63%

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

Current News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Subscribe for Maritime Logistics Professional E‑News