Vopak Finalises Sale of Algeciras Oil Terminal

Laxman Pai
Monday, February 3, 2020

Dutch multinational company Royal Vopak has recently completed the previously 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 Legal Finance Terminal

Related Stories

Express Global Expands Asia Presence with New Singapore Office

Trump Pauses Effort to Escort Ships in Strait of Hormuz

CMA CGM Acquires Fattal Group

Current News

Great Lakes Iron Ore Trade Increases 5.3% in April

DNV Alternative Fuels Insight: 38 New Vessel Orders Placed in April

At the Helm: How the U.S. Coast Guard is Shaping the Future of Maritime Nuclear Power

Express Global Expands Asia Presence with New Singapore Office

Subscribe for Maritime Logistics Professional E‑News