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Home » News » Financial News - Q1 2011


Financial News - Q1 2011

Matson to post loss on higher bunker costs
23 Mar 2011 07:45 GMT
CEO says higher fuel prices are having a 'disproportionate effect' on transportation firms.

Andatee to release year end results
23 Mar 2011 07:14 GMT
Chinese supplier to discuss fourth quarter and year end results in conference call later this month.

Brightoil $600 million loan approved
21 Mar 2011 08:58 GMT
Bunker supplier secures US$600 million loan facility from Chinese bank.

Kirby acquires K-Sea Transportation
15 Mar 2011 19:42 GMT
$600 million acquisition is expected to be completed in June-July 2011.

Emulsion fuel developer aims to raise US$4.8m
11 Mar 2011 15:23 GMT
UK firm intends to use proceeeds to develop its existing emulsion fuel projects.

Vopak expands syndicate of international banks
08 Mar 2011 12:04 GMT
Terminal operator reaches agreement with Industrial and Commercial Bank of China.

Aegean records $12m loss in Q4 2010
03 Mar 2011 07:44 GMT
Aegean posts loss as cost of marine petroleum products sold surges 80 percent.

WFS completes acquisition of Nordic Camp Supply
02 Mar 2011 14:01 GMT

Baltic Oil announces equity issue
28 Feb 2011 09:06 GMT
Terminal specialist applies to London Stock Exchange for shares to be admitted to trading.

WFS posts 25% rise in 2010 net income
25 Feb 2011 08:54 GMT
Record year for World Fuel Services as net income increases by US$29.8 million.

Brightoil posts 17% rise in gross profit
23 Feb 2011 15:55 GMT
Total revenue up 109 percent as sales volumes rise by 1.7 million tonnes.

Aegean to hold conference call and webcast
18 Feb 2011 07:52 GMT
Bunker supplier to discuss fourth quarter 2010 results in March.

OW Bunker records $48m profit in 2010
17 Feb 2011 13:31 GMT
Bunker firm announces record year as pre-tax profits on unaudited accounts rise by 50 percent.

Chemoil posts $9.5 million loss in 2010
11 Feb 2011 07:02 GMT
Net loss said to be mainly due to losses incured in the first quarter and the slow pace of margin recovery.

WFS to hold conference call and webcast
11 Feb 2011 06:05 GMT
Management team to discuss the company's fourth quarter and year-end results in conference call and webcast.

Vopak closes EUR 1.2 billion credit facility
04 Feb 2011 19:46 GMT
New revolving credit facility will be used to support Vopak’s growth strategy.

Oakland a step closer to shore power
04 Feb 2011 14:31 GMT
Air District approves $5 million for port’s shore power project.

Aegean expecting Q4 2010 loss
03 Feb 2011 13:22 GMT
Supplier says it expects to post a net loss of US$12-13 million for the fourth quarter of 2010.

ArcLight closes financing for HFOTCO expansion
19 Jan 2011 15:51 GMT
Expansion project includes 2.7 million barrels of additional residual fuel oil storage.

Russia may raise fuel oil tax by 32.6%
14 Jan 2011 08:19 GMT
Fuel oil export duty may increase by up to $39.80 per tonne in Feburary.

Aegean stock upgraded to 'neutral' rating
14 Jan 2011 07:04 GMT
Market analysts upgrade shares of bunker supplier in a note to investors.

Brightoil signs US$4 billion loan deal
07 Jan 2011 14:42 GMT
Bunker supplier agrees financing deal as it pushes forward with expansion strategy.

WFS completes Hiller Group acquisition
04 Jan 2011 05:26 GMT
Marine, land and aviation fuels specialist expands distribution network.

Chemoil acquires OceanConnect's marine fuels group
04 Jan 2011 05:13 GMT
Tom Reilly appointed Chemoil's new Chief Executive Officer and Director.





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