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Vopak completes divestment of terminal in Algeciras

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Hydrocarbon Engineering,

Royal Vopak has recently completed the previously announced divestment of its oil terminal in Algeciras to First State Investments.

This divestment is the finalisation of the sale of three terminals (Amsterdam, the Netherlands; Hamburg, Germany, and Algeciras, Spain) to First State Investments.

On 12 February 2020, Vopak will publish its 2019 full-year results, including the financial results of the divestment which are in line with the previous announcements made in 2019.

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