Business · Companies · 12 hrs ago

Vopak says revenue growth is accelerating as it looks to Arctic routes

Vopak says revenue growth is accelerating as it looks to Arctic routes

Vopak says its revenue is growing faster as investments begin to generate more income.

The company is based in Rotterdam and specialises in tank storage.

CEO Dick Richelle said investments are increasingly turning into new income.

This means Vopak says its spending is contributing more to its earnings.

The company is also considering possible new transport routes through the Arctic.

These routes are part of Vopak’s forward-looking plans, but the company has not said when they might be used.

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Dick RichelleVopak chief executive
Investments are increasingly translating into new revenue
via De Telegraaf