Vopak has reported a revenue of €677 million for the first half of 2026, stating in its press release that this was ‘supported by healthy demand for storage infrastructure services across geographies and markets, underpinned by a continued strong occupancy rate of 91%.’
The company claims that its oil and chemical terminals saw strong activity due to high infrastructure demand across the energy and manufacturing markets, with increased commissioning of new capacity. Terminal growth per sector includes €22 million (chemicals); €11 million (oil); €3 million (gas) and €2 million (industrial).
Vopak’s CEO Dick Richelle, comments: ‘We continued to deliver strong performance driven by a healthy demand for our service, despite volatility in global energy and manufacturing markets. The diversification of our portfolio, across geographies and products, has again proven to be a structural strength, enabling us to meet our customers' evolving needs for energy security, affordability and sustainability. During the first six months of the year, we continued to execute our growth strategy, addressing the growing global need for critical energy storage infrastructure. In the Netherlands, we have taken a conditional final investment decision (FID) for the continuation of EemsEnergyTerminal. In addition, the construction of LNG and LPG capacity in the Netherlands, India and Canada is progressing well. The acquisition of Green Energy Storage and the subsequent FIDs for the Oosterhout (200 MW/800 MWh) and Veendam (150 MW/600 MWh) projects in the Netherlands mark a significant strategic step in the development of large-scale battery energy storage systems. Since 2022, we have now committed around €2.3 billion to growth projects. The strong momentum in executing our growth strategy gives us the confidence to achieve our ambition of investing €4 billion by 2030. On the back of strong operational performance and the anticipated contributions from our growth projects, we are raising the outlook for FY 2026. In addition, we announced the first interim dividend of €0.72 per share, increasing the frequency of dividend payments to semi-annual.’
