Vopak targets leading role in global hydrogen trade

Commodity storage company has up to €350mn available to invest in hydrogen projects this year as it pursues a strategy built on global port presence

Dutch commodity storage company Vopak is setting itself up to play a crucial role in the growing worldwide trade in hydrogen, which it sees as one of the vital energy products of the future, its recently appointed global director of new energies tells Hydrogen Economist. The Rotterdam-based firm, which has traditionally focused on storing oil and chemicals, is placing bets for future business growth on storing new types of energy carriers, including hydrogen. “We believe that hydrogen will ultimately develop into a globally traded energy commodity in which Vopak's infrastructure can play a crucial role to facilitate and balance global supply and demand,” says Marcel van de Kar, who started a