Vopak divests its ownership in the Yangpu oil terminal in Hainan, China

Vopak has announced that it has completed the divestment of its 49 per cent equity share in the joint venture Vopak SDIC Yangpu Terminal in Hainan, China. The terminal has a storage capacity of 1,339,000 cbm for the storage of crude and petroleum products.

This divestment is the outcome of the strategic review of the terminal, announced in February 2018. 

The financial details will be shared together with the publication of the Q4 results on February 12, 2020.

For more information visit www.vopak.com