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19 July 2019 The on-line newspaper devoted to the world of transports 01:48 GMT+2

April 3, 2019

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The Global Russian Ports and the Vopak Dutch yield the great oil terminal in the Estonian port of Muuga to the Liwathon

The sale includes railway and logistic activities

The Russian terminalista group Global Ports Investments and the terminalista group Dutch Vopak have signed an agreement in order to yield the entire share capital of their joint venture 50:50 Vopak E.O.S., that it manages an oil terminal in the Estonian port of Muuga (Tallin), to the Liwathon, society of trading, logistics and investments with center to Abu Dhabi who is of property of the British investment trust Barclay Rowland.

With a total ability to 1.026.000 cubic metres, the managed harbour system from Vopak E.O.S., that it is constituted by four terminals, is largest of the Baltic Sea. The cession includes the railway and logistic activities operated by railway society E.R.S. Ltd., that it is a society integrally controlled from Vopak E.O.S. With the completion of the transaction Vopak E.O.S. Liwathon E.O.S will be renamed.

Evergreen Line Vincenzo Miele

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