Dutch tank terminals player Vopak has posted another earnings increase as capacity expanded.
It said net earnings were EUR 138m ($182m) in the first quarter, compared to EUR 109.5m in the same period of 2011.
Occupancy was up to 93% from 92%.
Its worldwide storage capacity increased by 0.5m cbm to 28.3m cbm in the period.
Projects under construction will add 5.6m cbm of storage capacity to 2014.
Vopak
