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Home » News » Financial News

Financial News

Global Risk Management forms new board of directors
12 Jan 2018 10:31 GMT
Move is linked to Global Risk recently obtaining a licence as an investment firm.

Schulte strengthens position in LNG market with Pronav purchase
11 Jan 2018 11:35 GMT
German group has said it aims to develop several LNG bunker ships in the future.

Societe Generale is first bank to join SEA\LNG coalition
10 Jan 2018 07:44 GMT
Brings a financial perspective to the group, which aims to accelerate the uptake of LNG as a marine fuel.

Energy Petrol reports 10% sales growth in 2017
09 Jan 2018 09:48 GMT
Supplier sold 410,000 tonnes last year and is now focused on preparing for 2020.

Hapag-Lloyd revises bunker charges for February
03 Jan 2018 16:21 GMT
Surcharges cover North Europe; the Mediterranean and Black Sea; and the Middle East, Indian Subcontinent and Africa.

Bermuda Container Line to raise bunker surcharge
02 Jan 2018 14:41 GMT
New fees are to be implemented towards the end of January.

Dansk Olieselskab deal 'will not complete', says Shell
02 Jan 2018 13:07 GMT
Oil major decides to retain ownership in Dansk Shell, but insists $30bn divestment programme is 'on track'.

Equity broker selects Straits Inter Logistics as top stock pick for 2018
02 Jan 2018 12:32 GMT
Selection follows five consecutive quarters of profits for the bunker firm.

MPA reminder: dues concession for double-hulled bunker tankers ends on Jan 1
29 Dec 2017 15:31 GMT
Asian port reminds community that it will be withdrawing the dues concession from next week.

Aegean shareholder group reaffirms intentions in SEC filing
29 Dec 2017 13:22 GMT
Group agreement filed as shareholders plan to nominate director candidates at next AGM.

Brightoil receives SEHK resumption conditions
28 Dec 2017 11:41 GMT
Stock exchange lists conditions for the resumption of trading as independent review continues.

Tallinn offers discount to ships running mainly on LNG
20 Dec 2017 14:20 GMT
Vessels will be able to apply for a four percent discount on tonnage fees.

Saudi Arabian bunker firms prepare for 2018 VAT regime
20 Dec 2017 12:55 GMT
Supplies of goods and services will be subject to VAT from January 1.

World Fuel Services tops Aegean's list of approved debtors
18 Dec 2017 15:51 GMT
Glencore subsidiaries second on the list with approved limit of $35 million.

Singapore injects more capital to fund LNG bunker vessel newbuilds
14 Dec 2017 09:47 GMT
Applications now open for interested firms to apply for funding of up to S$3m per vessel.

Germany accepting online requests to fund LNG conversions
13 Dec 2017 14:42 GMT
Funding initiative is designed to promote the use of LNG in German shipping.

Brittany Ferries secures financing for LNG-fuelled ferry newbuild
13 Dec 2017 13:25 GMT
Ferry operator will be first to receive financing under the EIB's EUR 750m Green Shipping Guarantee programme.

Fujairah secures development capital, eyes growth
12 Dec 2017 15:21 GMT
Agreement signed to develop quays, storage areas, and deepen berths to attract larger vessels.

PT2SB lands $1.25bn financing for Malaysia terminal
12 Dec 2017 08:14 GMT
Facility to store refined products, crude, petrochemical products and LPG.

GTT focuses on growing fuel-related services with 75% stake in Ascenz
07 Dec 2017 13:23 GMT
Acquisition of bunker-saving solutions firm 'will prove to be very useful', says GTT.

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