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Home » News » Financial News - Q4 2011


Financial News - Q4 2011

Financing arranged for Fujairah terminal
20 Dec 2011 08:08 GMT
$61 million tranche to help finance the construction of the Socar Aurora Fujairah Terminal.

Baltic Oil announces financial results
16 Dec 2011 07:20 GMT
Terminal operator publishes its annual audited accounts and half-yearly report.

Wärtsilä posts Hamworthy scheme document
13 Dec 2011 07:30 GMT
Finnish firm posts scheme document relating to its acquisition of Hamworthy.

Another US law firm to investigate Andatee
08 Dec 2011 08:47 GMT
Law firm to investigate potential claims against the board of directors of Andatee.

Andatee shares upgraded to 'hold'
06 Dec 2011 14:08 GMT
Stock in Chinese bunker supplier is upgraded from 'sell' to 'hold' in latest report.

Andatee to be investigated by another law firm
30 Nov 2011 07:51 GMT
Law firm to investigate whether Andatee's board has been working to obtain the best buyout price for its shareholders.

Law firms investigate Andatee buyout proposal
29 Nov 2011 07:47 GMT
Andatee's board of directors to be investigated for 'possible breaches of fiduciary duty and other violations of state law'.

Andatee CEO in bid to buy remaining shares
24 Nov 2011 08:45 GMT
Majority shareholder intends to launch an offer to acquire the outstanding shares of Andatee.

WFS cash dividend unchanged
23 Nov 2011 07:48 GMT
Latest cash dividend follows 43 percent rise in third quarter net income.

Baltic Oil buys terminal in Denmark
22 Nov 2011 12:49 GMT
UK firm says acquisition is a 'substantial step forward' in the fulfilment of its strategy.

Wärtsilä in advanced talks to acquire Hamworthy
17 Nov 2011 18:29 GMT
Finnish firm says takeover would enhance its position within the environmental solutions market.

Andatee reports decline in net income
15 Nov 2011 08:05 GMT
Supplier sees profit fall in the third quarter and first nine months of 2011 despite a rise in revenues and volume sold.

Oiltanking posts rise in net income
14 Nov 2011 14:34 GMT
Terminal operator records a US$27.5 million increase in net income during the third quarter of 2011.

Aegean Q3 net income up 15 percent
10 Nov 2011 07:18 GMT
Sales of marine petroleum products rise by 37 percent despite a decrease in volume sold.

Maersk posts 78% drop in Q3 profit
09 Nov 2011 13:12 GMT
Danish shipping and oil group says it has been 'negatively affected' by higher bunker costs.

SGX suspends MF Global Singapore
04 Nov 2011 16:03 GMT
Singapore Exchange suspends MF Global Singapore Pte Ltd. with immediate effect.

Andatee to hold conference call
04 Nov 2011 15:35 GMT
Chinese supplier to discuss third quarter 2011 results in conference call later this month.

'Record result' for World Fuel Services
02 Nov 2011 14:56 GMT
Fuel specialist posts a 43.2 percent rise in net income during the third quarter.

CME Group suspends MF Global
01 Nov 2011 09:06 GMT
Derivatives marketplace suspends broker as a clearing member.

CME limits MF Global trading
31 Oct 2011 15:03 GMT
MF Global trading limited to liquidation only as derivatives broker files for bankruptcy.

Record Q3 earnings for Kirby
27 Oct 2011 16:11 GMT
US transportation firm posts a 71.7 percent rise in net earnings for the third quarter of 2011.

Horizon drops Trans-Pacific service, citing higher bunker costs
26 Oct 2011 08:27 GMT
US shipper says it does not expect to see any 'measurable improvements' in bunker prices or freight rates.

Stebbins sells WFS shares
26 Oct 2011 06:06 GMT
World Fuel Services CEO sells company shares as part of pre-arranged stock trading plan.

Andatee CEO buys shares
25 Oct 2011 13:44 GMT
An Fengbin purchases Andatee shares as part of repurchase plan.

Court confirms Marco Polo Chapter 11 protection and frees vessel
24 Oct 2011 05:37 GMT
New York Court rejects the motions seeking to dismiss the group's Chapter 11 filings.

Wärtsilä expects sales to fall in 2011
19 Oct 2011 14:48 GMT
Finnish firm publishes interim report for the first nine months of this year.

WFS to hold conference call and webcast
18 Oct 2011 17:35 GMT
Management team to discuss the company's third quarter results in conference call and webcast.

Aegean shares upgraded to 'neutral'
14 Oct 2011 17:31 GMT
Shares of Greek bunker supplier are upgraded by US investment research firm.

Investment plan for APM Terminals in Gothenburg
12 Oct 2011 10:01 GMT
Terminal operator to roll out US$115 million investment programme over the next five years.

Trading house invests in LNG vessels
12 Oct 2011 09:03 GMT
Japanese firm makes its first investment in the LNG transportation market.

Lithuanian oil terminal posts 21% income rise
06 Oct 2011 07:48 GMT
Klaipeda facility announces income surge for the first nine months of 2011.





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