Energy & Power

ROYAL VOPAK

Company Profile Analysis

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ROYAL VOPAK - Energy & Power showcase

Year Founded & Workforce

1564-12-31

5,559 Employees

Industry

Energy & Power

Services

R

ROYAL VOPAK Overview

Company Headquarters: Rotterdam, Netherlands

Founded: 1565

Workforce: ~5,559

Company Working: Royal Vopak is a global leader in tank storage solutions. It provides secure, clean, and efficient storage and handling bulk liquid products and gases, including chemicals, oils, gases, LNG, biofuels, and vegoils. The company has a presence in over 23 countries spread across four divisions, which are Europe & Africa, Asia & the Middle East, China & North Asia, and the Americas.

Strategy

Royal Vopak strategizes to partner with strong regional players to expand its business and customer base. To provide customers with satisfactory services, the company has developed its own operational and safety standards. It operates global storage and logistics network terminals that are strategically located at major trade routes. This helps the company to provide facilities that are safer and cleaner. These terminals can efficiently store and handle liquid and gaseous products in bulk quantities. The company has adopted technological advancements to ensure efficiency in its operations. Royal Vopak invests heavily in the training and development of its employees, which helps the organization in gaining efficient performance.

Company Snapshot

$1,513.1M

Revenue

5,559

Employees

1564-12-31

Founded

Rotterdam, Netherlands

Headquarters

SWOT Analysis

Strengths

  • Wide global presence
  • Strong brand recognition
  • Increasing revenue in the last three years

Weaknesses

  • Increasing operating costs
  • High risk of liquidity

Opportunities

  • Scope for strategic mergers and acquisitions
  • Advancements in storage technologies

Threats

  • Changing environmental regulations
  • Financial risks associated with the EU crisis

Key Developments

DateApproachDevelopment
April 2020PartnershipRoyal Vopak formed a partnership with Keppel Data Centres Holding Pte Ltd to study the feasibility of developing a Floating Data Centre Park and an LNG-to-power infrastructure in Singapore.
September 2019AcquisitionRoyal Vopak acquired 49% shares in Sociedad Portuaria el Cayao (SPEC) in Colombia. SPEC owns the only LNG import facility consisting of an LNG jetty, onshore infrastructure, and a 9.2 km gas pipeline connecting to a national gas grid.

Product Offering

  • ROYAL VOPAK
    • Tank storage for oil and gas

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles ROYAL VOPAK as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

ROYAL VOPAK

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