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

Crowley Expands Career Opportunities for Students in Puerto Rico

Crowley Expands Career Opportunities for Students in Puerto Rico

Caribbean Basin Crude Oil Exports Jump 45%

Caribbean Basin Crude Oil Exports Jump 45%

EU Wheat Prices Rise As Black Sea Tensions Persist

EU Wheat Prices Rise As Black Sea Tensions Persist

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Subscribe for Maritime Logistics Professional E‑News

South Korea's US Investment Package takes shape with Texas nuclear power plants and projects
Saudi Arabia restarts East West oil pipeline, according to sources
Maguire: Rapid EV adoption in the US fuel market has caused a split.