marine link image
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

Richard Hendrick Elected as American Association of Port Authorities Chairman

Richard Hendrick Elected as American Association of Port Authorities Chairman

As Interferry turns 50, the Ferry Industry Navigates Change, Again

As Interferry turns 50, the Ferry Industry Navigates Change, Again

Sovecon Cuts Russian Grain Forecast Amidst Black Sea Disruptions

Sovecon Cuts Russian Grain Forecast Amidst Black Sea Disruptions

Ground Broken on $16b Kenya Oil Refinery

Ground Broken on $16b Kenya Oil Refinery

Subscribe for Maritime Logistics Professional E‑News

Ethiopian Airlines suspends flight to Tigray after taking over Mekelle Airport
Poland suspects Starlink fire as a sabotage
Russia claims it has struck Ukrainian defence industry vessels and facilities