Vopak is the largest independent supplier of tank storage services for crude oil and mineral products in Europe and the Middle East, with a total storage capacity in excess of 11,0 million cbm. The customers are oil companies, trading companies, governments (for the management of strategic reserves), national oil companies and co-siters (independent manufacturers located on Vopak’s sites that make intensive use of Vopak services).
At the hub location in Rotterdam, Vopak operates four terminals and a further one terminal in Amsterdam. Vopak also controls oil terminals in Germany, Estonia and Sweden. In the Middle East, Vopak is present in Saudi Arabia and the United Arab Emirates. Besides their regional function, these terminals play a key role in the Vopak network and its rendering of services to worldwide-operating oil companies.
For the transport of oil products on inland waterways in Europe, Vopak participates within the joint venture Interstream Barging. With a fleet of forty barges, this is one of the largest barge charterers for the transport of mineral oil products in the Netherlands, Belgium and the German Rhine region.
Terminal capacity
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Division Management
| Frank Erkelens |
Division President |
| Hari Dattatreya |
Director Key Account Management, Market Research, Global Oil, Commercial Director |
| Edwin Taal |
Director Human resources |
| Maarten van Akkerveeken |
Director Finance & Control, analysis, ICT |
| Michiel van Cortenberghe |
Director Business Development |
| Dave Mercer |
Director Operational Excellence |
Performance of Oil EMEA in 2008
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In EUR millions |
2009 |
2008 |
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Income from rendering of services |
269.5 |
251.7 |
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EBITDA |
166.6 |
136.4 |
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Operating profit (EBIT) |
135.3 |
108.1 |
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Average gross capital employed |
677.5 |
571.5 |
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Average capital employed |
407.8 |
311.8 |
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ROCE |
34.5% |
36.3% |
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Capacity utilization |
95% |
95% |
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