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

OpED: A Canadian Toll on U.S. Commerce

OpED: A Canadian Toll on U.S. Commerce

Rio Brasil Terminal Receives Two New Quay Cranes

Rio Brasil Terminal Receives Two New Quay Cranes

By the Numbers: Maritime Safety in 2026 — Fewer Losses, Bigger Risks

By the Numbers: Maritime Safety in 2026 — Fewer Losses, Bigger Risks

Markets: When Will Container Shipping Return to "Normal"

Markets: When Will Container Shipping Return to "Normal"

Subscribe for Maritime Logistics Professional E‑News

UN agency halts Hormuz Ship Evacuation Initiative after Vessel Attack
IAEA announces that repairs have been completed at Zaporizhzhya Nuclear Plant
SpaceX will build the 'Starpipe’ natural gas pipeline for Starship rockets