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Home » News » Financial News


Financial News

World Fuel Services posts drop in Q1 net income
28 Apr 2017 07:08 GMT
Marine segment records 39% rise in revenue and 27.2% decline in income.

Marine Petrobulk owner posts Q1 results
27 Apr 2017 09:43 GMT
Seaspan announces rise in net earnings and decline in normalized net earnings and EBITDA.

NuStar Q1 results helped by 'solid bunkering margins'
25 Apr 2016 09:38 GMT
Fuels marketing sales rose by 58.6 percent during the first quarter of 2017.

Rickmers Maritime to be delisted and wound up
13 Apr 2017 09:02 GMT
Trustee-manager unsuccessful in last-ditch effort to secure new restructuring proposal.

Containerships secures funding to implement LNG strategy
05 Apr 2017 07:41 GMT
European Union and Nordic Environment Finance Corporation (NEFCO) back project.

Norden on track to save $16.5m this year via fuel efficiency measures
31 Mar 2017 17:46 GMT
Danish firm says it slashed fuel costs by $24.9 million between 2014 and 2016 thanks to fuel efficiency measures.

Owner of Singapore's 12th biggest bunker supplier posts $1.1 billion profit
31 Mar 2017 12:15 GMT
PetroChina says its marketing business 'proactively responded to unfavourable conditions'.

Higher bunker prices cause voyage costs to rise: Eagle Bulk
31 Mar 2017 09:30 GMT
US operator records full-year and fourth-quarter net loss.

Carnival posts 58.8% jump in Q1 bunker costs
28 Mar 2017 15:35 GMT
Cruise line achieves rise in Q1 earnings as average fuel price increases to $362 per tonne.

Cosco Shipping posts 71.5% bunker sales growth, drop in profit
24 Mar 2017 07:04 GMT
Sinfeng Marine Services achieves an increase in sales volume of almost 1 million tonnes.

NewOcean bunker sales boosted by China growth
22 Mar 2017 13:23 GMT
Supplier posts increase in 2016 bunker sales and revenue, but a decline in profit.

Van Oord 'proud' of decision to build LNG-fuelled ship
21 Mar 2017 09:20 GMT
Net profit fell 46.6% in 2016 amid 'worsening conditions in the dredging and offshore oil and gas markets'.

Gener8 sees bunker costs jump 31% in 2016
14 Mar 2017 12:17 GMT
Aegean sold 69% of total, but $3 million less than the previous year.

Gener8 profit plunges as operating costs rise
13 Mar 2017 12:49 GMT
CEO highlights higher rates for fuel-efficient Eco VLCCs.

OOIL posts $219m loss, highlights higher H2 bunker prices
13 Mar 2017 08:36 GMT
Drop in revenue recorded despite a 9.1 percent rise in liftings.

Aegean Marine Petroleum goes ex-dividend
13 Mar 2017 06:14 GMT
Dividend payments on Aegean shares traded on or after 13th March will go to the seller.

Grindrod issues annual report
09 Mar 2017 11:33 GMT
Report follows release of audited results on 2nd March, with Cockett Marine Oil posting a loss.

Lotos achieves record results in 2016
09 Mar 2017 08:42 GMT
Bunker player posts best net profit in its history.

Neste sets out Baltic strategy following record year
08 Mar 2017 09:01 GMT
Aims include improving supply capacity, a safety programme and refinery merger.

Vitol to acquire Petrol Ofisi for EUR 1,368 million
06 Mar 2017 10:12 GMT
Deal comes a year after OMV's decision to put the Turkish business up for sale.





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