Vopak Koninklijke
VPK • AMX
Energy • Oil & Gas Storage
Market Cap
€5.3B
Founded
1616
Employees
5.6K
Headquarters
Rotterdam, Netherlands
Company Description
Royal Vopak is the world's largest independent tank storage company, operating massive terminals that store and handle liquid chemicals, oil products, gases, and increasingly biofuels. Think of Vopak as the landlord for the global chemical and energy supply chain—their tanks hold the raw materials and fuels that keep industries running and vehicles moving. The company operates 77 terminals across 23 countries, with a total storage capacity of 35.4 million cubic meters. These strategically located facilities serve as crucial nodes in global trade routes, storing products like LNG (liquefied natural gas), crude oil, gasoline, chemicals, and vegetable oils. Vopak's customers include major oil companies, chemical manufacturers, trading houses, and governments who need reliable, safe storage infrastructure. Vopak's history stretches back to 1616, making it one of the oldest companies in the Netherlands and indeed the world. The modern company was created in 1999 through the merger of Van Ommeren and Pakhoed. The 'Koninklijke' (Royal) designation reflects its distinguished heritage. The company is a subsidiary of HAL Trust and is listed on Euronext Amsterdam. Headquartered in Rotterdam—the heart of European petrochemical and logistics activity—with approximately 5,600 employees, Vopak generates about €1.4 billion in annual revenue. The company is actively positioning for the energy transition, developing infrastructure for low-carbon hydrogen, ammonia, CO2 storage, battery energy storage, and sustainable aviation fuel. In July 2025, Vopak formed a joint venture for an ammonia terminal in Japan, demonstrating its commitment to future energy solutions.