Thu 16 Jun 2016, 12:35 GMT

Vopak hosts Capital Markets Days


Terminal operator presents report on partnerships and study of the changing energy landscape.



Royal Vopak, the independent tank storage company, will be hosting its Capital Markets Days for analysts and investors in Singapore and Malaysia on 16 and 17 June, 2016.

All presentations will be available online through the Vopak website. Presentations will include Vopak Asia's competitive position; strategic considerations regarding disciplined capital allocation; a report on joint venture partnerships and developments in the company's readiness for the future.

The executive board will present the results of a thorough market study of the changing energy and petrochemical landscape and the ongoing shift from West to East and how Vopak will react to that - infrastructure needs being indicated.

Vopak explained that it is well positioned to capitalise on new opportunities in existing and new locations based on its network positions, its strategic partnerships and a strong balance sheet. However, the company says it is also continuously assessing new opportunities in regard to timing and in light of the need to maintain financial flexibility in order to sustain disciplined growth into the future.

Vopak's divestment program, which was one of the strategic priorities for the period 2014 - 2016, is said to be on schedule and due to be completed in 2016.

With a diversified portfolio, both geographically and in different product groups (oil, chemicals and gas), healthy contract coverage and a strong supply chain, Vopak says it fully expects to exceed a 90 percent occupancy rate across its global terminal network in 2016.


Mount Asahi vessel. CSSC delivers LNG dual-fuel bulker to Eastern Pacific nearly four months early  

210,000-tonne Mount Asahi handed over ahead of contract schedule.

Mount Vision vessel. New Times Shipbuilding delivers three LNG dual-fuel tankers in four days  

Chinese yard hands over one VLCC and two Aframax-size crude tankers within a single week.

Mercedes Pinto vessel TTS LNG bunkering. Baleària ferry completes LNG bunkering at regular berth in Las Palmas for first time  

LNG refuelling of Mercedes Pinto set to take place weekly without changing berth.

Baltic Timber vessel. Baltic Shipping Company takes delivery of wind-assisted hybrid coaster  

3,550-dwt vessel is fitted with Econowind VentoFoils and a battery package.

Pakistan flag. Vitol Bunkers launches first commercial bunkering service at Gwadar Port  

Company begins offering HSFO, VLSFO and LSMGO at the Pakistani deepwater port.

Port of Singapore. Trailing 3-month bunker sales fall to lowest since April 2025 in Singapore  

Bunker volume of 13.569m tonnes sold between April and June was worst result in 14 months.

Glander International Bunkering logo. Glander International Bunkering reports $23.4m pre-tax earnings amid volatile shipping markets  

Bunker trading company says new fuels volumes doubled over the past year, driven by client demand.

Aerial view of tanker vessel at sea. ISO-compliant fuels increasingly causing operational problems, Lloyd’s Register warns  

Latest FOBAS report finds fuel quality risk shifting beyond off-specification fuels.

Bioethanol bunkering at the Port of Santos. Bunker One completes Latin America’s first bioethanol bunkering of a deep-sea container vessel  

500,000-litre delivery at Santos marks a first for bioethanol as a marine fuel.

Maritime Technologies Forum (MTF) logo. MTF issues safety management guidelines for methanol-fuelled ships  

New MTF report offers recommendations for developing and strengthening safety management systems for methanol as a fuel.