World Point Terminals Company Description
Need more storage? World Point Terminals operates bulk storage and shipment terminals for petroleum and other liquid products in the Bahamas and Bermuda (operating as South Riding Point), and North America (operating as Center Point in various locations in the US). Through its subsidiaries the group owns and operates 14.1 million barrels of oil storage facilities. The terminals also blend and transport crude oil and refined petroleum products. In addition, World Point Terminals holds a 50% stake in a Bahamas-based tugboat operator. In 2006 the company sold its Amsterdam-based European storage operations to Vitol Group.
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The Company Description provides a historical perspective of World Point Terminals's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of World Point Terminals's evolution in the marketplace.
