Amsterdam offers room for expansionThe American terminal operator Zenith Energy is to take over the BP terminal at the Port of Amsterdam. The transaction was announced by Zenith on 2 February. Zenith expects to take ownership of the terminal by the end of March.
This young company from Houston, Texas, was founded in August 2014. It operates terminals for the storage of liquids and other bulk goods, with a focus on Latin America, the Caribbean, Europe, and Africa.
As Zenith’s chief commercial officer Jay Reynolds told the Dutch newspaper FD (Dutch link), Zenith bought the terminal from BP because of its location in the important ARA port region, which stands for Antwerp, Rotterdam, and Amsterdam. "This is the leading region for the supply and transport of fuels," he said.
The facility also has the biggest truck loading facility in Amsterdam, and offers significant room for expansion. The terminal has a storage capacity of 950,000 cubic meters, or about six million barrels. The tanks store fuels such as gasoline, ethanol, biodiesel, kerosene, and LPG.
One of the world’s leading port areas
The Port of Amsterdam region is in one of the world’s main logistics hubs. With cargo transhipment of more than 95 million tonnes per year (PDF), it is Western Europe’s fourth-largest port.
The port’s strategic and central location in Europe makes it easily accessible and ensures excellent connections to all major European markets.
The Port of Amsterdam provides facilities for handling, storing, and transhipping all types of goods, ranging from cocoa beans to toys and from paper to oil products. Millions of tonnes of dry and liquid bulk cargo, mixed cargo, and containers are handled in the Amsterdam Port Area every year.