Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

SGMF Publishes LCA on Methanol as Marine Fuel

SGMF Publishes LCA on Methanol as Marine Fuel

Ground Breaks on New Delaware Container Terminal

Ground Breaks on New Delaware Container Terminal

European Wheat Rises As Black Sea Disruptions Continue

European Wheat Rises As Black Sea Disruptions Continue

Subscribe for Maritime Logistics Professional E‑News

Saudi coalition says Houthi drone destroyed near Mecca
Oil falls as US crude inventories rise despite Saudi supply concerns
Canada's airports are expected to attract a large amount of investment from pension funds at home.