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Home » News » Europe News - August 2011


Europe News - August 2011

Bunker costs up 36% for CMA CGM
30 Aug 2011 15:31 GMT
Shipping group reports higher fuel costs as net profit falls 72% year-on-year.

Socar launches Ukraine operation
30 Aug 2011 13:33 GMT
Oil firm starts bunker supply business on the Dnieper River.

Kittiwake announces payment plan
26 Aug 2011 15:37 GMT
Technology firm offers clients the opportunity to pay a lower up-front cost for its LinerSCAN product.

Lithuanian oil terminal posts 71% profit rise
25 Aug 2011 10:03 GMT
Klaipeda facility announces net profit surge for the first six months of 2011.

Vopak announces H1 results
24 Aug 2011 15:56 GMT
Terminal operator says it expects the market for storage and handling of oil products to remain robust.

Bid to build Rotterdam oil terminal - source
24 Aug 2011 10:03 GMT
Russian group is reported to have submitted a bid to construct an oil products facility at the port of Rotterdam.

Rosneft expands tanker fleet
22 Aug 2011 14:56 GMT
Bunker tankers delivered to Tuapse and Murmansk with additional vessels expected over the next few months.

Odfjell enters into tank terminal partnership
19 Aug 2011 15:58 GMT
Private equity firm to acquire a minority stake in Odfjell's storage terminals in Rotterdam and Houston.

Maersk: Bunker prices to 'impact margins negatively'
17 Aug 2011 18:55 GMT
World's largest container line expects high prices to continue to have a negative effect on margins in 2011.

French firm invests in Med fuel oil storage
17 Aug 2011 16:36 GMT
Downstream specialist signs agreement to buy a stake in Mediterranean oil terminal.

Chapter 11 'not enforceable in the Netherlands'
16 Aug 2011 09:21 GMT
Law firm points out that the Netherlands adopts a territorial approach to bankruptcy.

Report forecasts volatile prices ahead
12 Aug 2011 14:41 GMT
Companies are urged to consider using the 'expected volatility' to enter hedging agreements.

Eco-awards for Hamburg Süd
12 Aug 2011 09:03 GMT
Shipping firm wins awards in the US for its environmentally conscious conduct.

Maritime event to focus on emissions and MBMs
12 Aug 2011 08:31 GMT
Reduction of shipboard emissions to be one of the main topics discussed at upcoming London conference.

Aegean Q2 net income falls 73.3 percent
11 Aug 2011 06:02 GMT
Year-on-year net earnings down despite a rise in total revenues during the second quarter.

Agreement to invest in German oil terminals
10 Aug 2011 15:43 GMT
Deal signed to buy a stake in the owner of refined product terminals throughout Germany.

Hestya Energy to buy Wilhelmshaven refinery
10 Aug 2011 15:07 GMT
Dutch firm signs deal to purchase Wilhelmshaven oil refinery, tank farm and marine terminal.

Brilliant Maritime appoints marketing manager
10 Aug 2011 14:51 GMT
Ex-Praxis manager joins Piraeus-based bunker trading firm Brilliant Maritime Services.

Brownrigg rejects EU emissions trading scheme
10 Aug 2011 09:37 GMT
Scheme 'will not work for shipping', says UK Chamber of Shipping's director general.

Office move for OW Bunker Copenhagen
09 Aug 2011 18:06 GMT
Danish firm relocates to larger premises, closer to customers.

Project to design battery-powered ferry
09 Aug 2011 17:24 GMT
UK firm wins order to design all electric passenger ferry.

ICS backs IMO on emission reduction
09 Aug 2011 08:48 GMT
Association says recent MARPOL amendments were 'absolutely' what it had hoped for.

Appraisal initiative aimed at cutting fuel consumption
08 Aug 2011 08:28 GMT
Variable speed drives could reduce energy consumption by up to 50 percent, says ABB.

Petroplus posts US$80 million Q2 loss
05 Aug 2011 15:41 GMT
European refiner records a loss for Q2 and H1. CEO says the second quarter was 'difficult'.

Aegean expands Strait of Gibraltar fleet
05 Aug 2011 06:41 GMT
Supplier takes delivery of double-hull vessel, which is expected to be deployed to the Strait of Gibraltar.

Shippers' council slams fuel levy
04 Aug 2011 07:22 GMT
Secretary General says shipping lines would simply pass on the extra costs to their customers via surcharges.

Marco Polo Seatrade granted US court support
03 Aug 2011 17:55 GMT
Interim relief is granted by a New York court for the company to continue operating.

Rotterdam 380-cst average up $19 in July
02 Aug 2011 14:25 GMT
Average monthly 380-centistoke price climbs 3.0 percent at Europe's leading bunker port in July.

Bominflot launches Valencia supply operation
02 Aug 2011 13:08 GMT
Bunker firm commences physical supply service at the Spanish port of Valencia.

IBIA appoints acting chief executive
02 Aug 2011 09:23 GMT
Board member Trevor Harrison to act as chief executive on a part-time basis.



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