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

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Subscribe for Maritime Logistics Professional E‑News

Spain dismantles a major human trafficking network in the Mediterranean
Turkish Minister: NATO Article 5 is the same as NATO Article 4 in Turkey, Pakistan and Saudi Arabia defense pact
Reliance, an Indian company, has booked a supertanker for Iraqi crude at a record-breaking freight rate