OverviewSuggest Edit

Vopak (also known as Royal Vopak) is a tank storage company that stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils. It operates terminals, as well as owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines.
TypePublic
Founded1999
HQHouston, TX, US
Websitevopak.com

Latest Updates

Employees (est.) (Dec 2020)5,637(+2%)
Job Openings74
Revenue (FY, 2020)€1.2 B(-4%)
Share Price (May 2021)€37.9
Cybersecurity ratingDMore

Key People/Management at Vopak

Eelco Hoekstra

Eelco Hoekstra

Chairman of the Executive Board and CEO
Frits Eulderink

Frits Eulderink

COO, Member of the Executive Board
Gerard Paulides

Gerard Paulides

CFO, Member of the Executive Board
Karen Beuk

Karen Beuk

Global Director Communications
Leo Brand

Leo Brand

Global Director Information Technology
Wim Bloks

Wim Bloks

Global Director Sourcing & Procurement
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Vopak Office Locations

Vopak has offices in Houston, Rotterdam, Singapore and Dubai
Houston, TX, US (HQ)
2000 W Loop S #1550
Rotterdam, NL
Westerlaan 10
Singapore, SG
52 Jurong Gateway Rd, 15
Show all (5)

Vopak Financials and Metrics

Vopak Revenue

Vopak's revenue was reported to be €1.19 b in FY, 2020 which is a 5% decrease from the previous period.
EUR

Revenue (FY, 2020)

1.2b

Revenue growth (FY, 2019 - FY, 2020), %

(5%)

Net income (FY, 2020)

330.5m

EBIT (FY, 2020)

489.9m

Market capitalization (7-May-2021)

4.8b

Closing stock price (7-May-2021)

37.9

Cash (31-Dec-2020)

68.3m

EV

7.3b
Vopak's current market capitalization is €4.8 b.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

1.3b1.3b1.2b

Revenue growth, %

0%(5%)

General and administrative expense

317.2m347.0m331.2m

Operating expense total

920.9m925.9m891.2m
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

626.1m641.4m589.3m

General and administrative expense

168.7m167.9m167.2m

Operating expense total

463.0m456.3m442.8m

Depreciation and amortization

134.2m148.2m145.8m
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

77.5m94.5m68.3m

Accounts Receivable

101.1m114.7m101.5m

Prepaid Expenses

27.2m27.3m36.6m

Current Assets

422.0m590.3m386.1m
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash

97.9m92.5m150.9m

Prepaid Expenses

57.7m60.5m60.4m

Current Assets

429.1m1.1b552.6m

PP&E

3.6b3.9b4.3b
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

290.5m603.8m330.5m

Depreciation and Amortization

273.1m290.7m299.5m

Cash From Operating Activities

639.6m646.5m774.0m

Purchases of PP&E

(504.0m)(589.7m)(612.5m)
Half Year
EURH1, 2018H1, 2019H1, 2020

Net Income

155.4m209.1m213.0m

Cash From Operating Activities

312.9m320.8m400.7m

Purchases of PP&E

(196.9m)(267.7m)(312.9m)

Cash From Investing Activities

(198.3m)(331.8m)(141.6m)
EURH1, 2018

Revenue/Employee

108.3k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2 x
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Vopak Operating Metrics

Vopak's Customers was reported to be 500 in FY, 2020.
H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Countries

252524232323

Customers

500

Joint Ventures

404050

Terminals

666869666670
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Vopak Acquisitions / Subsidiaries

Company NameDateDeal Size
Vopak Terminal Ningbo Co. Ltd.January 25, 2019€4.5 m
CRL TerminalsJuly 12, 2011$61.8 m
PT Pro-Intercontinental Terminals IndonesiaOctober 07, 2008
AP Petrochemical (Vietnam)August 17, 2006
Monros AG
Monros Insurance Pte. Ltd.
PT Vopak Terminal Merak
Vopak Agencies Americas Corp.
Vopak Agencies Amsterdam B.V.
Vopak Agencies Antwerpen NV
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Vopak Revenue Breakdown

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Vopak revenue breakdown by business segment: 80.7% from Storage services, 8.3% from Product movements, 6.2% from Storage and handling services and 4.8% from Other

Vopak revenue breakdown by geographic segment: 24.3% from Asia & Middle East, 44.8% from Europe & Africa, 27.1% from Americas and 3.8% from Other

Human Capital Metrics

Embed Graph
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Vopak Cybersecurity Score

Cybersecurity ratingPremium dataset

D

65/100

SecurityScorecard logo

Vopak Online and Social Media Presence

Embed Graph

Vopak News and Updates

Gnl, Vopak assegna a Rina contratto quadro

Vopak Lng ha assegnato a Rina un contratto quadro di durata triennale per la fornitura di servizi di ingegneria e consulenza nel Gnl, che riguarda le strutture onshore e le tecnologie galleggianti offshore

Interim Update Q1 2021

EBITDA of EUR 200 million (Q1 2020: EUR 200 million). Adjusted for negative currency translation effects, EBITDA grew by EUR 10 million (5%) reflecting new contributions from growth projects and negative impact from tight chemical markets as a result of amongst others the Texas winter storm. Propor…

Resolutions passed by Vopak’s Annual General Meeting

Approval implementation remuneration policy for the 2020 financial year. Adoption of the financial statements for the 2020 financial year.

Vopak to use Smartflow technology to digitise frontline operations

Smartflow has announced that Vopak will be using the Smartflow Connected Worker SaaS Platform to digitise its frontline operations. Royal Vopak is a leading independent tank storage company.

Vopak LNG studies feasibility to develop LNG import terminal for Victoria

Vopak LNG, which already partners in four liquefied natural gas (LNG) storage facilities globally, is investigating the feasibility of developing a similar facility in Port Phillip Bay offshore at North Avalon, Victoria, Australia.

Vopak reports on 2020 financial results

Vopak reports on 2020 financial results.
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Vopak Frequently Asked Questions

  • When was Vopak founded?

    Vopak was founded in 1999.

  • Who are Vopak key executives?

    Vopak's key executives are Eelco Hoekstra, Frits Eulderink and Gerard Paulides.

  • How many employees does Vopak have?

    Vopak has 5,637 employees.

  • What is Vopak revenue?

    Latest Vopak annual revenue is €1.2 b.

  • What is Vopak revenue per employee?

    Latest Vopak revenue per employee is €211.1 k.

  • Who are Vopak competitors?

    Competitors of Vopak include Oiltanking, Rotterdam World Gateway and BCTN.

  • Where is Vopak headquarters?

    Vopak headquarters is located at 2000 W Loop S #1550, Houston.

  • Where are Vopak offices?

    Vopak has offices in Houston, Rotterdam, Singapore and Dubai.

  • How many offices does Vopak have?

    Vopak has 5 offices.