Vopak opens new storage terminal for oil products in Port of Amsterdam

Today, Vopak Terminal Amsterdam Westpoort has been inaugurated by Carolien Gehrels, Vice Mayor of Amsterdam; Dertje Meijer, President and CEO of the Port of Amsterdam; and Eelco Hoekstra, Chairman of the Vopak Executive Board. The terminal is located in the Port of Amsterdam and will provide storage capacity to meet the growing demand in the Amsterdam-Rotterdam-Antwerp (ARA) region. The Port of Amsterdam plays an important international role as a logistics hub for gasoline facilitating product flows between Europe, North America and Asia.

At the new terminal, gasoline, gas oil and diesel products can be stored and blended with other components bringing them up to specifications for the various international markets. Vopak Terminal Amsterdam Westpoort has an initial storage capacity of 620,000 cubic meters and has been delivered on time and within budget. As a result of the high demand for additional storage capacity and related services in the ARA region, the terminal will be increased to 1,190,000 cubic meters, which is due to be commissioned in phases up to the third quarter of 2012. The terminal has two jetties for the handling of seagoing vessels with a maximum capacity of 120,000 DWT and eight berths for the handling of coasters and inland barges with a maximum capacity of 20,000 DWT.

Dertje Meijer, President and CEO of the Port of Amsterdam: ‘The opening of Vopak Terminal Amsterdam Westpoort marks a crucial next step in the development of the Port of Amsterdam as the world’s leading gasoline hub. The terminal contributes substantially to the local and regional economy and to the Dutch economy in general.’

Eelco Hoekstra, Chairman of the Executive Board of Royal Vopak N.V.: ‘With the opening of this state-of-the-art terminal we are able to further expand the services we provide to our international customers, emphasizing Vopak’s growth strategy. This new terminal strengthens Amsterdam's position as a leading gasoline blending hub, facilitating product flows between Europe, North America and Asia.’

Profile Vopak

Royal Vopak is the world's largest independent tank storage service provider, specializing in the storage and handling of bulk liquid chemicals, gases and oil products. Vopak operates 83 terminals (including Vopak Terminal Amsterdam Westpoort) in 31 countries with a storage capacity of 27.2 million cubic meters. Through the previously announced projects under construction, Vopak will add 6.1 million cubic meters to its total storage capacity for bulk liquids on a global scale in the coming years, leading to a total storage capacity of more than 33 million cubic meters in 2014. The terminals are strategically located for Vopak’s customers along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.

Further information: corporate.communication@vopak.com

www.vopak.com

[This project has been realised by BAM Leidingen & Industrie in close co-operation with BAM Civiel, BAM Wegen, BAM Techniek and Tebodin.]