08.04.2016
Navigator Terminals complete acquisition of Royal Vopak’s UK storage assets
NAVIGATOR TERMINALS LIMITED PRESS RELEASE
Navigator Terminals, has completed the acquisition of Royal Vopak’s UK operating storage assets facilities at West Thurrock on the Thames, Seal Sands at Teesside and Windmill in Barry South Wales, and Greenergy North Tees from Greenergy.
Through these acquisitions, Navigator has an initial storage capacity of approximately 1.5 million cubic metres, making it the UK’s largest independent bulk liquid storage provider.
Navigator Terminals was formed by Macquarie Capital and Greenergy to offer customers unique storage solutions for crude, petroleum, chemicals, liquefied gas, bitumen and biofuel products.
Ian Cochrane has been appointed Chief Executive of the new venture. He joins from Vopak UK where he was Managing Director and brings over 40 years’ experience in the global oil and chemical industries. He will be working with an experienced team managing the terminals and ensuring that the company maintains and improves on the services delivered to existing and future customers.
Following the completion of the acquisition, Ian Cochrane, Chief Executive, said:
“Our priority is to ensure the safe and efficient operation of our facilities and to provide the highest levels of quality and customer service. We will continue to invest in infrastructure to enable us to maintain these priorities and ensure our customers are able to grow and succeed with Navigator.”
About Navigator Terminals
Through these acquisitions Navigator Terminals has become the UK’s largest independent bulk liquid storage provider with over 1.5 million cubic metres of storage capacity.
Formed in 2016 by Macquarie Capital and Greenergy, Navigator operates four terminals, each strategically located in major UK ports and serving key demand centres within the UK. Across these locations Navigator is able to offer customer’s unique storage solutions for crude, petroleum, chemical, liquefied gas and biofuel products. www.navigatorterminals.com
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