As it was firstly announced in February, energy infrastructure company Kinder Morgan has paid $158m for Vopak’s north and south Wilmington terminals and the Galena Park hub, alongside a plot of land in New Jersey.

A spokesperson from the Dutch tank storage company said around 15 terminals, currently contributing 4% to Vopak’s overall EBITDA, will be divested to further align the company’s global network.

But