Global infrastructure and logistics company, Impala Terminals Group has announced that it has agreed to purchase the HES Hartel Tank Terminal.
Impala will provide additional investment of between €90-100 million over the next two years to complete the terminal’s construction. The transaction is expected to complete in the coming days.
The HES Hartel Tank Terminal currently which will be renamed provides approximately 1.3 million m3 of storage capacity for bulk liquid energy product.
It is expected to include over 50 tanks, berths capable of loading up to VLCC-size vessels and nine barge jetties. The high-grade specifications and connectivity on the terminal will provide maximum flexibility for the users of the facility.
Sjoerd Bazen, CEO of Impala Energy Infrastructure says: ‘This is an excellent development for Impala, particularly as it will provide our strategic customers with a strong and sustainable asset located in the Port of Rotterdam in the major trading hub of Amsterdam-Rotterdam-Antwerp.’
‘This provides a new future for the terminal after a bankruptcy that has been difficult for all parties concerned, particularly the employees,’ adds Boudewijn Siemons, interim CEO and COO of the Port of Rotterdam Authority.
