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Home » News » Financial News - Q2 2013


Financial News - Q2 2013

Carnival fuel consumption down 5.7% in Q2
26 Jun 2013 08:21 GMT
Cruise vessel operator also notes that fuel prices declined by 9.7% year-on-year.

Creditors expected to pursue ARA ship arrests as bankruptcies escalate
25 Jun 2013 12:32 GMT
Creditors could seek to take advantage of bankruptcy laws to enforce vessel arrests in the ARA region, says law firm.

Trader to continue offering 30-day terms in Brazil
25 Jun 2013 06:02 GMT
Bunker company confirms that it will offer both a 30-day and 21-day price to clients purchasing fuel in Brazil.

Gulftainer takes control of three Saudi terminals
24 Jun 2013 07:58 GMT
Sharjah firm acquires 51% stake in Gulf Stevedoring to assume control of terminals in Jubail and Jeddah.

Pan European Terminals posts GBP 1.15m profit
21 Jun 2013 08:33 GMT
32% rise in revenues is attributed primarily to a 'large increase' in sales at Baltic Top.

Agreement to sell Hawaii's bunker-producing refinery
20 Jun 2013 20:18 GMT
Sale is expected to be completed during the third quarter of 2013.

Wärtsilä signs EUR 150 million loan agreement
14 Jun 2013 16:02 GMT
Agreement signed with European Investment Bank to finance R&D activities.

Vitol Asia increases credit facility to $2.21bn
12 Jun 2013 07:33 GMT
Energy trading giant announces the renewal and increase of Vitol Asia's one-year revolving credit facility.

WFS declares cash dividend
03 Jun 2013 08:17 GMT
Latest cash dividend will be payable to shareholders on July 5.

Gazprom Neft sets 2025 bunker target
29 May 2013 07:41 GMT
Russian oil firm reveals its retail sales objectives for 2025.

Aegean launches syndication of $800m credit facilities
29 May 2013 06:42 GMT
Credit facilities are expected to be used for the financing of working capital.

Total buys Shell's downstream business in Egypt
20 May 2013 12:02 GMT
Lubricants business to be retained as part of the deal.

Aegean net income up 20% in Q1
16 May 2013 05:58 GMT
Bunker supplier reports rise in net income despite fall in revenues and volume sold.

Invoicing error sees broker saddled with bill for bunker supply
15 May 2013 15:25 GMT
Shipbroker is asked to pay for a bunker supply amounting to more than three-quarters of a million dollars.

'Strong' performance by DNV
15 May 2013 09:51 GMT
Revenues increased by 27 percent in 2012 compared to the previous year.

Crowley acquires Carib Energy
10 May 2013 12:13 GMT
Crowley enters the LNG market. LNG bunkering forms part of future business strategy.

Buckeye posts 71.7% rise in Q1 net income
07 May 2013 07:17 GMT
'Excellent' financial results driven primarily by the performance of Buckeye's pipelines and terminals segment.

Aegean to discuss Q1 results
03 May 2013 13:07 GMT
Supplier to hold conference call and webcast following the announcement of its Q1 results later this month.

World Fuel Services posts rise in Q1 net income
30 Apr 2013 22:01 GMT
'Continuous headwinds' for marine segment as year-on-year gross profit falls 24 percent.

Fuel consumption lower than expected for Royal Caribbean
29 Apr 2013 08:22 GMT
First quarter fuel consumption per available passenger cruise day was lower than in 2012.

Wrist Group posts robust 2012 results
23 Apr 2013 12:45 GMT
Sales surge almost 20 percent and earnings before tax increase by 16 percent.

Brightoil secures loan deal
22 Apr 2013 18:38 GMT
Agreement arranged with China Development Bank Corporation via its subsidiary Win Business Petroleum Group.

Value of diligent debt collection highlighted
18 Apr 2013 10:34 GMT
Review highlights the value of pursuing the collection of shipping industry debts in today's economic climate.

WFS to hold conference call and webcast
17 Apr 2013 11:17 GMT
Management team to discuss the company's first quarter results in conference call and webcast.

EC proposes €160.5m funding to combat pollution
12 Apr 2013 19:36 GMT
Funding would be used to maintain the anti-pollution vessel network and develop satellite detection.

Teekay in deal to buy fuel-efficient tankers
09 Apr 2013 13:47 GMT
Four product tankers to be built by South Korean firm STX Offshore & Shipbuilding Co., Ltd.

Yujin sells bunker tanker
08 Apr 2013 06:46 GMT
Bunker vessel is sold to Singapore-based operator.





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