Sign up
Log in Sign up
Tue 14 Feb 2017 09:31

Brightoil to hold board meeting to approve H2 results


Board meeting to be held on 24th February.

Hong Kong-listed Brightoil Petroleum (Holdings) Ltd announced on Tuesday that it will be holding a board meeting on 24th February.

Brightoil said that the purpose of the board meeting, among other matters, was to approve the announcement of the unaudited interim results of the company for the second half of 2016, and to consider the payment of an interim dividend, if applicable.

On Monday, Brightoil announced that it expects to post a rise in earnings for the last half of 2016 following a preliminary review of its unaudited accounts. The company's bunker division is said to have recorded an increase in sales volume and margins during the six-month period.

The board meeting is to be held at Brightoil's Hong Kong office at 33F, 118 Connaught Road West.

Brightoil's board comprises the following directors:

Executive Directors:
Dr. Sit Kwong Lam
Mr. Tang Bo
Mr. Tan Yih Lin
Mr. Wang Wei

Non-executive Director:
Mr. Dai Zhujiang

Independent Non-executive Directors:
Mr. Kwong Chan Lam
Mr. Lau Hon Chuen
Professor Chang Hsin Kang

Niclas Mårtensson, CEO of Stena Line. Stena Line to acquire Wasaline ferry operations in Baltic Sea expansion  

Swedish ferry operator signs deal to take over Umeå–Vaasa route with bio-LNG-powered vessel.
Arriva Shipping vessel Norbris. Berg Propulsion secures second Arriva retrofit after 10% fuel savings confirmed  

Norwegian shipowner orders second propulsion upgrade following verified efficiency gains on general cargo vessel Norjarl.
Dorthe Bendtsen and Anders Grønborg. Bunker Holding to absorb Baseblue into KPI OceanConnect by April 2026  

Integration follows earlier Hong Kong merger and aims to streamline operations and strengthen regional teams.
Chimbusco Pan Nation (CPN) new logo. CPN unveils new brand identity after 34 years in marine fuel supply  

Hong Kong bunker supplier launches rebrand centered on 'continuous evolution' and sustainable fuel solutions.
Aicha Azad, Flex Commodities. Flex Commodities hires Aicha Azad as trader in Dubai  

Bunker firm appoints multilingual trader with bunker trading and cargo operations experience.
Desk calendar with the word “TAX”. 'Excess' fossil fuel profits should be taxed and given back to citizens, says T&E  

Campaign group calls for sustained taxes on excess profits or end to subsidies that keep demand high.
NYK Line’s Padma Leader vessel. Imabari Shipbuilding delivers LNG-fuelled car carrier to NYK Line  

Padma Leader expected to achieve up to 30% CO2 reduction through dual-fuel propulsion and exhaust gas recirculation.
Tallink’s MyStar vessel. Tallink targets full bio-LNG transition for Baltic shuttle vessels within a year  

Estonian ferry operator aims to replace all fossil LNG with renewable fuel on the Helsinki-Tallinn route.
Grimaldi's Grande Melbourne vessel. Grimaldi takes delivery of third ammonia-ready car carrier from Chinese shipyard  

Grande Melbourne is the third of seven vessels ordered from Shanghai Waigaoqiao Shipbuilding for Asia-Europe service.
BPCL and Cochin Port sign MoU. BPCL and Cochin Port sign MoU for LNG bunkering facilities  

Indian oil company and port authority agree to develop LNG refuelling infrastructure for vessels.




 Recommended