July 21, 2010: Vopak lease renewal translates to growth in Hamilton
The Hamilton Port Authority today announced the renewal and expansion of its lease to Vopak Canada, a wholly owned company of Royal Vopak, who has called Hamilton home for more than 50 years. The Hamilton facility is strategically located in the southern Ontario market at one of the busiest Great Lakes regions. With the lease renewal comes potential for growth. The facility has the ability for full modal integration, transfer from marine, rail and truck plus third party distribution. "We are pleased to continue our long standing relationship with Vopak at the port. Their commitment to the Hamilton facility supports our focus on development of multimodal facilities and highlights the strategic capacity for bulk liquid cargoes," said HPA president and CEO Bruce Wood.
Vopak distinguishes itself by offering safety solutions adhering to its own highest safety standards and service solutions that ensure uniform quality wherever shipments move; conditioning the cargo, keeping it safe and secure during all modal transfers. By establishing optimal supply chain management, Vopak provides reliable and efficient regional and global supply chain processes by leveraging their extensive network of storage terminals around the world. "The Hamilton Port has provided us with an excellent location to serve our customers safely and for a number of years," said Vopak general manager Mark de Hueck. "We look forward to continuing to provide them with safe and effective service in Hamilton for years to come."
The expansion is expected to provide additional jobs in the community. "We welcome Vopak's continued investment in Hamilton and applaud their commitment to bolstering our leading goods movement cluster," said Neil Everson, Director Economic Development and Real Estate Division for the City of Hamilton.
Royal Vopak is the world's largest independent tank storage service provider, specialized in the storage and handling of liquid chemicals, gasses and oil products. The company operates 80 terminals with a combined storage capacity of more than 28 million cubic meters in 31 countries. The terminals are strategically located for users along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.
The Port of Hamilton is the leading Canadian Port on the Great Lakes for maritime trade, handling an average of 12 million tonnes of cargo and 700 vessel calls per year. The Hamilton Port Authority?s strategic vision is to be the Great Lakes port of choice.
View a PDF version of the full press release here