Wilhelmsen Secures Vopak Agencies Acquisition
10.24.2022 By TankTerminals.com - NEWS

October 24, 2022 [Port Technology] – Wilhelmsen Port Services has entered into an agreement to acquire 100 per cent of Vopak Agencies and 50 per cent of its digital software company, Diize.

 

The completion of the transaction is subject to predetermined conditions and it is expected to close later this year.

Vopak Agencies will transfer to Wilhelmsen Port Services once the deal is completed, while Diize continues as a joint venture between Wilhelmsen and Vopak Ventures.

In the interim, both Wilhelmsen Port Services and Vopak Agencies will continue to operate as separate companies with no changes for customers or partners.

“With our ambitious growth strategy, expansion of services in the port value chain and recent rebranding in place, joining forces with Vopak Agencies and Diize ticks all the boxes,” said Neal de Roche, President, Wilhelmsen Port Services.

“I am impressed with the strong position that the Vopak team has built within hub services and port agency and really look forward to bringing their knowledge and experience to our global network of customers.

“Diize also offers great opportunities in terms of shaping the port experiences of the future.”

Vopak Agencies’ acquisition follows Wilhelmsen Port Services’ recently launched strategy to be a leading local port partner in the markets it serves.

Wallenius Wilhelmsen is becoming the first global shipping company to adopt a fully AI-based approach to voyage optimisation across its entire fleet of 100+ ships.

The company will roll out DeepSea’s Performance Routing software, which provides vessel-specific route and speed plans, in the final quarter of 2022 and 2023.

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