The commissioning of the last tank has taken place during the past week and brings the total storage capacity of the Vopak E.O.S. terminal facilities to 951.000 cbm. “We are very pleased with the tremendous work delivered by all the contractors and our terminal management and staff in delivering these new tanks within such a short time frame” said Arnout Lugtmeijer, chairman of the board of Vopak E.O.S..”There is a strong demand for storage of oil products and we were able to satisfy our customers’ requirements with ideal timing. Through this expansion we can provide our customers with the most optimal and efficient service solutions for terminaling their oil products”.

The new capacity has been built to create more flexibility for Vopak E.O.S.’ customers in loading vessels. The additional capacity also allows its customers to deliver specific grades into the terminal facilities by ship, which can than be reloaded onto larger tankers on later occasions. ‘We have been able to diversify the services in Muuga Port as we are also receiving cargo by vessel nowadays’ explains Lugtmeijer. ‘Accumulation of product at our terminals takes place mainly through railway deliveries from refineries, but we see a growing contribution in ship deliveries from adjacent ports with fewer marketing opportunities’

Vopak E.O.S. handled 15.7 million metric tons of oil products in 2008, an increase of approximately 2.0 million metric tons compared to last year.