Vopak enters the fast growing Indian market through the acquisition of 100% of the shares in CRL Terminals Pvt. Ltd in the Port of Kandla from a domestic operator. The terminal is one of India’s largest independent storage facilities for chemicals and vegetable oils and consists of two sites with a total capacity of 261,600 cubic meters (cbm). Located on the west coast of India, the Port of Kandla is one of the busiest ports of the country and the largest for chemicals and vegetable oil imports. The port has good logistic connections with the hinterland of northern India and the Greater Gujarat area where most of India’s chemical industries are located.

Vopak Terminal Kandla, as it will be named, consists of 121 tanks with connections to 5 shared jetties owned and operated by the Port of Kandla. The terminal will continue to serve existing international and domestic customers offering a high and uniform service quality based on Vopak’s global operational standards. At the same time, Vopak is now able to support its international customers that require independent tank storage and handling services to transport their products to India.