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Home » News » Financial News - Q1 2009


Financial News - Q1 2009

Vopak announces share repurchase
13 Mar 2009 09:43 GMT
Terminal operator repurchases shares for long term incentive program.

Bunker division 'performed well' in 08, says BP CEO
09 Mar 2009 08:02 GMT
Hayward reviews 2008 performance and confirms support for cap-and-trade emissions legislation.

World Fuel Services expands land fuel business
27 Feb 2009 10:35 GMT
Acquisition of Illinois-based firm enhances its position in the ground-based fuel market.

World Fuel Services posts $105 million FY08 profit
27 Feb 2009 07:27 GMT
Increase in net income is helped by 78 percent rise in marine segment profits.

Chemoil's profit increases by US$16.8 million
26 Feb 2009 11:19 GMT
Rise in sales volume helps push up 2008 earnings by 55 percent.

Aegean announces $12.2 million rise in 2008 profit
26 Feb 2009 07:42 GMT
Year-end results driven by 79.5 percent increase in the gross spread on marine petroleum products.

Aegean announces $300m credit facility
19 Feb 2009 07:24 GMT
President says facility will enable it to manage price fluctuations and supply volumes.

Petroplus aims to sell Teeside refinery
18 Feb 2009 08:06 GMT
Bunker producing facility will be sold or converted into a storage site or terminal, CFO says.

Chemoil appoints Credit Manager in Singapore
17 Feb 2009 09:13 GMT
Appointment aims to strengthen the company’s financial and risk management strategy.

Shell mulls sale of New Zealand businesses
17 Feb 2009 08:04 GMT
Divestment of some or all of its downstream businesses are under consideration.

Russian supplier named in Top 100 company list
16 Feb 2009 09:13 GMT
21 percent sales growth earns bunker firm a high ranking in sales volume category.

Wilh. Wilhelmsen says drop in prices will be good for profit
13 Feb 2009 09:29 GMT
Hedging of exposures means lower bunker prices and stronger dollar 'will contribute positively to the group’s future profitability'.

Vitol sells stake in Fujairah storage facility
12 Feb 2009 08:03 GMT
President says sale will allow the company to focus on the development of UAE refinery.

GAC meeting signals confidence despite global gloom
06 Feb 2009 16:13 GMT
Operating income expected to grow by 13 percent in 2009.

'Good' bunker demand for Neste Oil in 2008
05 Feb 2009 10:24 GMT
Improved fuel oil margins reported during the second half of last year.

Petroplus reports $774.9 million loss
05 Feb 2009 08:01 GMT
European refiner announces loss for second consecutive quarter.

Stolt-Nielsen hit by drop in bunker surcharges
02 Feb 2009 09:37 GMT
Company says $33.1m decrease in revenue is partly due to steep decline in surcharges.

Barge operator reports profit decline
02 Feb 2009 08:01 GMT
60 percent drop in net income for K-Sea Transportation Partners.

Royal Caribbean: Bunker costs 'higher than expected'
30 Jan 2009 09:58 GMT
Operator reports fuel expenses of $36.1 million as net income plummets.

Average revenue rises on lower bunker costs
29 Jan 2009 10:08 GMT
Liner sees average revenue per FEU increase due to bunker cost recovery.

Lubrizol sells $500m in notes to pay off debt
27 Jan 2009 08:03 GMT
Marine fuel additives supplier to repay senior notes due in October 2009.

Vopak expects EUR 318 million profit
21 Jan 2009 10:04 GMT
Terminal operator says 2008 evolved according to its pursued objectives.

OW Bunker clarifies Armada credit status
14 Jan 2009 14:55 GMT
Danish firm says Armada has no outstanding balance owed to any of its offices.





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