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Home » News » Financial News - Q4 2009


Financial News - Q4 2009

Chinese bunker supplier files for IPO
29 Dec 2009 11:32 GMT
Andatee China Marine Fuel Services files for an initial public offering of its common stock.

Stebbins enters into stock trading plan
16 Dec 2009 00:04 GMT
World Fuel Services CEO to sell company stock in 2010.

Aegean signs $100 million credit facility
14 Dec 2009 13:33 GMT
Company plans to use its liquidity to increase market share and capitalize on 'consolidation opportunities'.

Fruit firm selects tech service to manage bunker risk
10 Dec 2009 10:28 GMT
Food distributor to manage bunker price exposure with risk management solution.

Titan in $315m debt restructuring plan
09 Dec 2009 07:49 GMT
Debt-laden Hong Kong-listed group plans to restructure US$315.4m notes.

World Fuel Services declares cash dividend
04 Dec 2009 07:27 GMT
US firm says dividend amount reflects the previously announced two-for-one stock split.

WFS announces two-for-one stock split
18 Nov 2009 00:24 GMT
US firm says stock split will improve liquidity and represents commitment to enhancing shareholder value.

Chemoil posts $12.6 million net loss
13 Nov 2009 11:42 GMT
Net income falls 220 percent, gross contribution per metric tonne tumbles 93.2 percent.

Maersk: Average bunker price falls 43%
12 Nov 2009 11:18 GMT
Average fuel price decreases by $232 per tonne during the first nine months of 2009.

Vopak posts 27% rise in operating profit
12 Nov 2009 10:08 GMT
Improved results said to be due to storage capacity expansions and efficiency improvement programs.

Aegean posts $4.6 million rise in net income
12 Nov 2009 06:55 GMT
Third quarter results are driven by 22.1 percent increase in sales volumes.

Vopak to issue US$680m Notes Program
04 Nov 2009 09:11 GMT
Terminal operator says it will issue a senior unsecured Notes Program in the US Private Placement market.

WFS net income drops 27 percent
04 Nov 2009 07:28 GMT
Q3 marine segment profit falls 37 percent during 'challenging economic conditions'.

Infratil in talks to buy Shell NZ assets
03 Nov 2009 07:27 GMT
Consortium enters into negotiations with oil major over acquisition of refining and downstream businesses.

Drop in net earnings for US barge operator
30 Oct 2009 10:11 GMT
Fuel oil transportation firm sees net income fall by $6.8 million during the third quarter.

Aegean to hold conference call and webcast
30 Oct 2009 06:33 GMT
Bunker supplier to discuss third quarter 2009 results in November.

Yujin to focus on bunker tanker business
29 Oct 2009 11:08 GMT
Operator says earnings will be lower than expected despite strong bunker tanker business results.

$5.2 million net loss for barge operator
28 Oct 2009 11:32 GMT
$9.1m drop in net income is attributed to decrease in net voyage revenue.

Fresh fruit firm reports bunker hedging loss
28 Oct 2009 07:22 GMT
Leading fruit distributor enters into bunker fuel hedging agreements which result in unrealized loss.

Petroplus to sell Antwerp refinery to Vitol
26 Oct 2009 17:37 GMT
Sale of crude processing and import facilities is expected to close in the fourth quarter.

Houston fuel oil terminal acquisition is completed
19 Oct 2009 07:22 GMT
Energy investment firm completes acquisition of remaining 50% membership interest in Houston terminal.

Chemoil Q3 net loss on the cards - sources
12 Oct 2009 09:46 GMT
Leading supplier is reported to be expecting a net loss in the third quarter of 2009.

Mundra to expand bunkering facilities
05 Oct 2009 09:24 GMT
Indian port plans to expand capacity to cater for anticipated growth in demand.





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