In 2021, we announced our investment at Europoort in the Port of Rotterdam. We have acquired an interest in part of the assets of the Stargate Terminal from Gunvor Group, and we plan to develop more than 20 hectares at the heart of the port.
The site includes a significant waterfront (approximately 500 m) with deep water access, brownfield development opportunities and potential greenfield development sites.
In December 2016, we acquired our first asset: GES Amsterdam B.V. (“GESA”).
GESA is a company operating a Class 1 storage and blending facility for gasoline, gasoline components, and bio fuels with c.3000,000m³ gross capacity across 20 storage tanks located in the Port of Amsterdam, the Netherlands. This terminal is very flexible. As well as gasoline, gasoline components and bio fuels, it can also handle naphtha, gas oil, heating oil, and/or diesel.
GES Hamriyah (SRS)
In October 2018, we closed a transaction to develop a Greenfield terminal in Hamriyah Free Zone, Sharjah, UAE. The terminal was completed in the summer of 2020 with a capacity of 177,640 cubic meters.
In March 2019, we had the ground-breaking ceremony of its new Liquefied Petroleum Gas (“LPG”) storage facility in Port Klang Malaysia. Commercial operations started in May 2022. The terminal is the first independent refrigerated LPG terminal in South East Asia with primary activities of storage, blending, break-bulk, handling and distribution to domestic and international consumer market. The terminal has a capacity of 134,400 cubic meters which consist of 2 refrigerated tanks and 4 pressurised bullets.