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Home » News » Financial News - Q2 2010


Financial News - Q2 2010

Funding for emissions research programme
21 Jun 2010 15:08 GMT
Research programme into shipping emissions is set to receive $1.5 million in funding.

WFS declares cash dividend
03 Jun 2010 13:28 GMT
Quarterly cash dividend follows 30 percent rise in first quarter net income.

Andatee gets strong buy rating
03 Jun 2010 08:12 GMT
Research firm says bunker supplier offers a favourable risk-reward to long-term investors.

Tank operator seeks financial partners - sources
25 May 2010 07:55 GMT
Leading storage firm looking to sell minority stake in project to develop Dutch oil terminal facility.

Bunker sales surge for Lanka IOC
25 May 2010 06:46 GMT
Sri Lanka supplier sees bunker sales volumes and revenue skyrocket in the year to March 2010.

Andatee announces Q1 2010 results
18 May 2010 08:22 GMT
Slight decline in net income despite rise in first quarter revenues and gross profit

Aegean announces offering of common stock
18 May 2010 00:41 GMT
Shareholder offers 4 million shares of common stock in an underwritten public offering.

Chemoil posts $13.5m loss in Q1
14 May 2010 07:12 GMT
Supplier reports decrease in earnings despite 78 percent rise in first quarter revenue.

Aegean posts $9.7m rise in net income
13 May 2010 07:13 GMT
Net income increases to $14.1 million for the first three months of 2010.

Maersk: Average bunker price up 87%
12 May 2010 18:18 GMT
Danish group reveals that the average fuel price rose by 87 percent during the first quarter of 2010.

Andatee to host Q1 2010 conference call
12 May 2010 15:32 GMT
Chinese supplier will conduct a conference call next week to discuss its first quarter 2010 results.

WFS posts 30.6 percent rise in Q1 net income
05 May 2010 06:39 GMT
World Fuel Services records a US$7.9 million year-on-year increase in net income during the first quarter.

Chemoil Q1 net loss on the cards
30 Apr 2010 13:32 GMT
Supplier says operations have been negatively impacted by weak fuel oil margins.

Barge operator posts Q1 net loss
30 Apr 2010 07:52 GMT
First quarter net loss is attributed primarily to a $14.2 million decrease in operating income.

Vopak to repurchase shares by June 2010
28 Apr 2010 09:33 GMT
Tank storage operator to repurchases up to 150,000 shares for long-term variable income plan.

Maersk Line to get $1.5m clean fuel reimbursement
28 Apr 2010 08:31 GMT
Port authority agrees to reimburse Maersk Line for the differential cost of using low sulphur fuel.

$400m cut in bunker costs for carrier
22 Apr 2010 11:04 GMT
Carrier confirms that it spent US$400 million less on marine fuel in 2009 than the previous year.

Titan to launch new notes offer
21 Apr 2010 13:22 GMT
Hong Kong group aims to launch a new offer to bondholders, which is likely to include new notes, shares and a cash payment.

WFS to hold conference call and webcast
20 Apr 2010 12:43 GMT
Management team to discuss the company's first quarter results in May conference call and webcast.

Titan slashes losses in 2009
14 Apr 2010 15:56 GMT
Net loss reduced to HK$536 million in 2009 following group restructuring programme.

Shareholder to sell 6.6% stake in Brightoil
14 Apr 2010 09:27 GMT
Investment firm to raise HKD980 million through the sale of 100 million shares.

World Fuel Services to acquire Lakeside Oil assets
07 Apr 2010 13:34 GMT
US firm signs agreement to acquire select assets of Lakeside Oil Company.





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