3 September 2010

AS Vopak E.O.S., the largest independent tank terminal operator in the Baltics, was awarded being the most competitive transport and logistics company in Estonia during 2009 in a contest organised by the Estonian Chamber of Commerce and Industry and the Estonian Employers’ Confederation.

‘We are glad to receive the award that confirms Vopak E.O.S.’ successful mission to expand our customer base and simultaneously improve the range of offered services. As the demand for our type of services in all regions of the world have shown to be resistant to the recent global economic downturn, Estonia also experienced a growth in activity and as a result of a successfully implemented investment program, we were able to harvest the fruits. Obviously, such an achievement is only possible through the persistent trust of our customers and a solid team performance and therefore I would like to express my appreciation to the terminal and railway operational staff of Vopak E.O.S. for their   devoted contribution. Moreover, indirectly, it is also a reward for all our business and public sector partners in Estonia and Russia and I would like to thank them for the continued confidence they have demonstrated over all the past years in working with us’, said Arnout Lugtmeijer, Chairman of the Board of Vopak E.O.S.

Lugtmeijer added that the objective of Vopak E.O.S. is to continue to strengthen the company’s position in the region by further integrating its offered services within the Vopak global network of terminals. ‘Our customers can enter this global network in Estonia and are able to benefit from its very strong professional logistics and tank terminal services at strategically located ports all over the globe’.

At the beginning of 2009 Vopak E.O.S. successfully commissioned a significant (220,000 m3) storage expansion which was immediately utilized to the full operational extent and thus provided for an increased economic activity. Vopak E.O.S. aims to continuously adapt its service offering to the changing requirements of their customers. ‘We continue to invest cautiously into complementary terminal assets to improve our service quality. Consequently, we are constructing currently another 75,000 cbm of storage capacity in Muuga Port which should become operational at the end of this year’ said Lugtmeijer. ‘Additionally, during 2009 we continued to expand our railway operations through our subsidiary E.R.S. with the aim to offer reduced transportation costs for our customers to reach our terminal facilities. After all, to have satisfied customers, we want to offer the best quality value- added-service at the most attractive rate’.

Vopak E.O.S. Ltd. is the largest independent tank terminal operator in the Baltic region that provides the customers with a very wide range of services in the area of handling, terminalling, throughput and storage of oil products. Vopak E.O.S. Ltd. operates three modern terminals - Termoil, Trendgate and Pakterminal - with a total storage capacity of 951,000 cbm. The terminals are situated in a strategic and easily accessible location of the Port of Muuga, close to the Estonian capital Tallinn at the country’s northern shore. The proximity of Russia and the infrastructure of the Port of Muuga enables Vopak E.O.S. to offer excellent opportunities for sea transportation of oil products from Eastern Europe to Western Europe, America and Southeast Asia. The terminals are directly connected to the Estonian Railways and Russian Railways. Additionally, all railway operations and logistics are managed by a wholly owned subsidiary, railway company E.R.S.. Vopak E.O.S. is a joint venture of Dutch company Royal Vopak and Global Ports.

For additional information:
Olga van Kampen
AS Vopak E.O.S.
tel. +372 626 6100
e-post: olga.vankampen@vopakeos.com