GPS Group and VARO Energy have announced that they are further strengthening their strategic partnership in the port.
The formal beginning of the construction of a new railway line and ethanol storage tanks, at the Port of Amsterdam, represents the expansion of the companies’ contractual relationship.
VARO, a downstream energy company active in North West Europe, will support GPS, a growing storage and logistics provider, in maximising opportunities across its markets, and will continue to play a vital role in the logistics provider’s ambitious expansion plans.
The new railway line and ethanol storage tanks are set to connect to 17 Class 1 tanks in the Port of Amsterdam, the world’s largest trading and blending hub for gasoline and its components.
The Port of Amsterdam, which GPS has worked closely with in the developments of its plan, is a partner and important supporter of the project, which is a great fit with its own strategic objectives relating to sustainability improvements.
The new development will expand and secure GPS’ future at the Port of Amsterdam site and will provide a more environmentally friendly alternative mode of transport.
In addition, this new logistics option will provide greater flexibility to the supply chain of VARO and an important transport alternative to respond to variations of the Rhine’s water levels. The project constitutes an important upgrade to the port infrastructure that will see the storage and blending facilities of GPS connect with the main railway system of the Netherlands and Europe.
The new infrastructure is the latest development in GPS’ ambitious plans at the port to continue to grow its facilities at the site and boost value-added services.