marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

Vopak Reports Mixed Quarterly Results

July 27, 2022

(File photo: Vopak)
(File photo: Vopak)

Vopak's quarterly revenues and core profit beat expectations on Wednesday but its net income fell short, as the Dutch tank storage company recorded asset impairment charges.

The group reported a net profit of 53.5 million euros ($54.30 million) in the second quarter, below analysts' average estimate of 75.3 million.


($1 = 0.9852 euros)

(Reuters - Reporting by Juliette Portala and Dina Kartit; Editing by Muralikumar Anantharaman)

Logistics News

Report: COSCO Shipping Suspends Operations at Panama's Balboa Port

Report: COSCO Shipping Suspends Operations at Panama's Balboa Port

Cruise Shipping: Seatrade Cruise Global Debuts Wellness Oasis

Cruise Shipping: Seatrade Cruise Global Debuts Wellness Oasis

US Navy Says Escorts Not Possible but Destroys Mine-Layers

US Navy Says Escorts Not Possible but Destroys Mine-Layers

'Quality' Coal Rallies as LNG Spikes

'Quality' Coal Rallies as LNG Spikes

Subscribe for Maritime Logistics Professional E‑News

Urals diffs are softer on the rising freight costs to Asia
US Navy informs shipping industry that Hormuz escorts are not possible at this time
What are the challenges of securing shipping in the Strait of Hormuz?