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@lesteve007
Thailand7 months ago
Vopak raises 2023 outlook on strong tank storage demand
uk.finance.yahoo.com
(Reuters) -Dutch tank storage company Vopak on Wednesday raised its 2023 core profit outlook, with favourable storage demand expected to persist for the rest of the year. Vopak has bet on increasing demand for storage of oil and gas products coming from long distances, as several markets ebb away their dependency on Russian supplies. "Flows have changed quite a bit due to the Russian crisis, which is beneficial for the storage market because supply chains are more difficult and have been amended," Chief Finance Officer Michiel Gilsing told Reuters.
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VPK.NV
Koninklijke Vopak NV