Vopak expands terminal presence in Panama

Royal Vopak announced that it has obtained the major regulatory approvals for the development of a first phase 360,000 cubic metreindependent oil terminal, which will be owned by Vopak in Bahia las Minas, Panama - an operation that is expected to serve growing bunkering demand in the region.

The news came as part of an announcement that Vopak has also signed a long-term agreement with Chevron to manage its 509,000 cbm Bahia las Minas terminal.

Source: Ship and Bunker