Evos Terminal Operator: Europe’s Second Largest Tank Storage Platform 2026

Evos is Europe’s second largest independent liquid bulk storage operator, running a network of eight tank terminals with a combined capacity of 6.4 million cubic metres across seven ports in five countries. Founded in 2019 and headquartered in Amsterdam, the company was built on assets divested by Royal Vopak and has since grown through targeted acquisition to become one of the continent’s most strategically positioned storage platforms.

The company is owned by investment funds managed by Igneo Infrastructure Partners — formerly First Sentier Investors — a long-term infrastructure asset manager with more than USD 180 billion in assets under management globally. That ownership structure shapes Evos’s operating philosophy: long-duration infrastructure investment with a clear preference for capacity expansion over short-term yield extraction.

All eight Evos terminals are designated as critical national infrastructure by the countries in which they operate, reflecting the scale of their role in European energy supply chains.

Origins: The Vopak Divestment

Evos was created in 2019 when First State Investments — subsequently rebranded as Igneo — acquired the Vopak Dupeg Terminal Hamburg and the Vopak Terminal Amsterdam Westport from Royal Vopak in a transaction valued at approximately EUR 600 million. A third asset, the Vopak terminal in Algeciras, followed shortly after. A fourth terminal, in Rotterdam, was added via the acquisition of a Caldic Group facility.

The Hamburg terminal traces its origins to 1953, when it was established in Wilhelmsburg on the southern bank of the Elbe. That founding date gives the site one of the longest operational histories of any tank terminal in northern Germany. The Amsterdam asset, by contrast, is a modern facility commissioned in 2011, built to the highest contemporary standards for clean petroleum product storage and handling.

For Vopak, the divestment reflected a strategic repositioning away from mature clean petroleum hubs in Northwest Europe and toward gas, chemicals, and new energy infrastructure. For the terminals themselves, the change of ownership marked the beginning of a distinct growth trajectory under infrastructure-focused private ownership.

Network Expansion: The Oiltanking Acquisition

Evos’s second major growth phase came in 2021 when the company acquired four additional terminals previously jointly owned by Oiltanking (55%) and 3i Infrastructure (45%). The terminals — in Amsterdam (East), Terneuzen, Ghent, and Malta — added approximately 3.8 million cubic metres of capacity and took the total headcount from around 350 to more than 720 employees.

The acquisition more than doubled Evos in size and extended its geographic footprint from three to five countries, adding Belgium and Malta to its existing presence in the Netherlands, Germany, and Spain. Capacity grew from 2.5 million to approximately 6.2 million cubic metres at completion, a figure since updated to 6.4 million cbm as expansion projects have come online.

The Ghent terminal — operational since 1969 and offering 988,000 cbm of capacity — became the third largest site in the Evos network after the transaction closed. The Malta terminal, with 568,000 cbm across 25 tanks, added a strategically important Mediterranean position straddling the main east-west shipping lanes and offering breakbulk services to regional ports.

Terminal Network: Ports and Capacity

As of 2026, Evos operates eight terminals across seven ports. The network spans the ARA hub (Amsterdam East, Amsterdam West, Rotterdam, Terneuzen), North Sea Port (Ghent), Germany (Hamburg), Spain (Algeciras), and the Central Mediterranean (Malta).

The Hamburg terminal in Wilhelmsburg remains central to the company’s identity. With 150 tanks and 683,000 cbm of capacity, it handles fuel oil, fuel oil components, chemicals, lubricants, waxes, and acids, with tank sizes ranging from 1,100 to 26,000 cbm. Its position within the Port of Hamburg — Germany’s largest port and a primary gateway for Northern, Eastern, and South-Eastern European supply chains — gives it strong multimodal connectivity by vessel, barge, rail, and road.

The two Amsterdam terminals together represent the largest concentration of capacity in the network, with Amsterdam West offering clean petroleum product storage and Amsterdam East bringing the chemical and renewable fuels capability acquired from Oiltanking. The Rotterdam terminal has emerged as a dedicated multimodal methanol hub and Europe’s largest bioethanol storage facility.

Across the network, Evos holds Authorised Economic Operator (AEO) status at multiple sites, reflecting the compliance standards required to serve internationally traded bulk liquid flows. For a detailed ranking of how Evos compares against peer operators, see Top 10 Tank Terminals Europe 2026.

Products and Commercial Strategy

Evos describes its core product portfolio as liquid energy and chemicals — a deliberate positioning that bridges legacy petroleum flows and the expanding universe of energy transition fuels. Products stored across the network include crude oil components, gasoline, gasoil, fuel oil, naphtha, jet fuel, SAF, (bio)methanol, (bio)ethanol, biodiesel, HVO, vegetable oils, specialty chemicals, lubricants, waxes, and pyrolysis oil.

The ARA range of terminals — Rotterdam, Amsterdam, and the Terneuzen/Ghent cluster — handles the highest volumes of renewable and transitional fuels. Evos claims the position of Europe’s largest bioethanol storage provider, with ethanol capacity across Rotterdam, Amsterdam, and Ghent. Its Rotterdam terminal expanded methanol storage by 84,000 cbm and has joined the Methanol Institute to support the development of methanol bunkering chains in the ARA region.

In aviation fuels, Evos is a member of IATA (joined 2024) and holds Joint Inspection Group (JIG)-compliant infrastructure at Amsterdam and Ghent for jet fuel and SAF storage and blending — a positioning aligned with the ReFuelEU mandate requiring 2% SAF content from 2025 and rising to 70% by 2050.

The Algeciras terminal is being developed as a renewable export hub, with infrastructure for green methanol, green ammonia, and SAF storage. A partnership with Cepsa, signed in the presence of the Dutch Deputy Prime Minister, underpins a South-North green hydrogen corridor between Spain and the Netherlands using the Evos terminal network as the logistics backbone.

Energy Transition Partnerships

Evos has positioned itself explicitly as an energy transition infrastructure operator, with partnership activity concentrated in three areas: sustainable aviation fuel, green methanol bunkering, and hydrogen derivatives.

In May 2025, Evos and Swiss aviation technology company Metafuels AG announced a collaboration to develop an e-SAF production plant at the Port of Rotterdam. The facility — named Turbe — will initially produce 12,000 litres of synthetic SAF per day using Metafuels’ aerobrew methanol-to-jet technology, with a second phase targeting 120,000 litres per day. The Final Investment Decision is targeted for mid-2026. Evos’s existing methanol infrastructure at Rotterdam provides the feedstock storage basis for the project.

A separate partnership with TankMatch, a barge operator, targets methanol bunkering delivery across the ARA region. The collaboration uses Evos Rotterdam’s central location to reach Amsterdam, Rotterdam, and Antwerp customers within ten hours by barge — responding to fleet projections suggesting more than 300 methanol-capable vessels will be operational by 2028.

A third initiative involves EcoCeres, which in 2024 delivered the first cargo of Sustainable Aviation Fuel to the Evos Ghent terminal as part of a European market expansion programme. Evos Ghent serves as a SAF blending and storage hub for Belgian and northwest European aviation supply chains.

Competitive Position in Europe

With 6.4 million cbm of capacity, Evos ranks second among independent tank terminal operators in Europe — behind Vopak on total European capacity but ahead of operators including HES International, Koole Terminals, and Rubis Terminal. Its geographic spread across seven ports gives it a multiport routing capability that most single-hub operators cannot match.

The company’s dual profile — significant legacy petroleum product volumes alongside rapidly expanding renewable fuels infrastructure — differentiates it from purely traditional operators on one side and from the smaller, purer-play new fuels companies on the other. That positioning is increasingly relevant as European energy policy continues to mandate blending requirements and SAF uptake across multiple sectors simultaneously.

For context on how Evos sits within the broader European competitive landscape, see the Top 10 European Bulk Liquid Terminal Operators 2026 and Top 10 Chemical Storage Terminals Europe 2026.

Rotterdam and the ARA Hub

Rotterdam remains the most commercially dynamic of Evos’s locations, reflecting the port’s status as Europe’s largest and its position at the centre of the ARA trading hub. The Evos Rotterdam terminal at Europoort (Merwedeweg 20, 3198 LH) holds AEO status and operates as the company’s primary methanol and ethanol hub, with full multimodal connectivity across vessel, barge, truck, and rail.

The terminal’s role in green fuels supply chains is growing. The Metafuels e-SAF partnership and the Cepsa green methanol agreement both anchor significant long-term product flows through Rotterdam. For a wider view of the Rotterdam storage market, see Rotterdam Tank Storage 2026: CCS, Ammonia and Digital Terminals.

Governance and Sustainability

Evos publishes an annual sustainability report — the 2024 edition was released in early 2025 — and holds a Gold EcoVadis sustainability rating at its Rotterdam terminal, awarded in 2023. The company has appointed Jesper Lok as Chair of the Supervisory Board, adding governance experience from the Nordic logistics and transport sector.

The company is a member of FETSA, the Federation of European Tank Storage Associations, which represents the sector in European regulatory and policy discussions. FETSA membership reflects Evos’s role as a systemic player in European liquid bulk infrastructure rather than a peripheral one.

Across all terminals, Evos maintains HSE standards consistent with critical infrastructure designation, including Port State Control compliance at marine berths and the full OCIMF/SIRE inspection regime for vessel interfaces.

Key Facts: Evos 2026

• Founded: 2019
• Headquarters: Amsterdam, Netherlands
• Owner: Igneo Infrastructure Partners (formerly First Sentier Investors)
• Terminals: 8
• Ports: Amsterdam (×2), Rotterdam, Terneuzen, Ghent, Hamburg, Algeciras, Malta
• Countries: Netherlands, Belgium, Germany, Spain, Malta
• Total capacity: 6.4 million cbm
• Employees: ~720+
• Hamburg terminal operational since: 1953
• Origin: Vopak Dupeg Terminal Hamburg + Vopak Terminal Amsterdam Westport (divested 2019, EUR ~600m)