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Home » News » Financial News - Q3 2015

Financial News - Q3 2015

Hapag-Lloyd BAF down $100 in two months
28 Sep 2015 10:33 GMT
North East Asia to Australia surcharge is revised downwards again by Europe's fourth-largest container shipping line.

Finland to receive 23 million euros in aid to build first LNG terminal
24 Sep 2015 12:37 GMT
Small-scale LNG terminal to be built in Pori.

Carnival's Q3 bunker costs down by a third
23 Sep 2015 09:35 GMT
Carnival spends $173 million less on fuel as average purchasing price falls from $650 to $439 per tonne.

Lanka IOC seeks tax concession to compete with Indian bunker players
21 Sep 2015 15:13 GMT
Managing director says transportation costs are affecting the company's ability to compete.

Eco-Upgrade Finance Programme up for new award
21 Sep 2015 11:34 GMT
Finance programme is designed to help reduce global carbon emissions and enhance fleet efficiency and competitiveness.

Aegean renews revolving credit facilities worth $1.25bn
18 Sep 2015 09:50 GMT
Both credit facilities - worth $1 billion and $250 million - were arranged by ABN AMRO.

World Fuel Services declares dividend
10 Sep 2015 09:02 GMT
Quarterly cash dividend is in line with the 60 percent increase announced earlier this year.

Argos and Varo Energy complete merger
08 Sep 2015 10:18 GMT
Argos's sea bunkering business does not form part of the merger agreement.

Bunkers International files for Chapter 11 bankruptcy protection
31 Aug 2015 07:45 GMT
Bunker supplier says its primary lender has stopped lending and 'swept all available cash'.

EnScrub technology firm wins grant
19 Aug 2015 18:02 GMT
$500,000 grant awarded by the U.S. National Science Foundation (NSF).

Aegean to close Portland operation
19 Aug 2015 15:17 GMT
Bunker firm says it expects to save $3 million to $4 million per year as a result.

Oiltanking buys 20% stake in Brazilian oil terminal
18 Aug 2015 15:35 GMT
Facility is licensed to handle up to 1.2 million barrels per day and has the capacity to receive VLCCs.

Aegean posts 23.3% decline in Q2 net income
18 Aug 2015 08:53 GMT
Volumes sold rose by 18.5%, but revenues were down by 29.8% 'due to the drop in the price of oil'.

Prostar Capital increases stake in UAE terminal
14 Aug 2015 11:05 GMT
Private equity firm now has a 40 percent ownership interest in Fujairah Oil Terminal FZC.

Maersk Line posts decline in Q2 profit as bunker costs plummet
13 Aug 2015 16:58 GMT
The average bunker price paid was $244 lower than during the second quarter of 2014.

OOIL: $243 drop in average bunker price
12 Aug 2015 09:58 GMT
Average H1 bunker price plummets as OOIL posts 32% rise in profit attributable to equity holders.

Aegean to hold Q2 earnings call this month
05 Aug 2015 09:05 GMT
Bunker firm's earnings call to take place after the announcement of its Q2 results.

World Fuel Services posts 38% drop in Q2 net income
31 Jul 2015 09:19 GMT
CEO says low prices and reduced marine volatility significantly impacted profit.

Showa Shell to be sold to Idemitsu
30 Jul 2015 08:14 GMT
Shell is to retain a 1.8 percent holding in the company.

CLH posts H1 profit rise and decline in marine product withdrawals
29 Jul 2015 09:35 GMT
Profit after tax was up 5.5 percent during the first half of 2015.

Shore power funding for container ships in Vancouver
23 Jul 2015 10:45 GMT
$12 million funding for the installation of shore power facilities at two of the port's container terminals.

8.6% rise in net income for membrane technology specialist
22 Jul 2015 13:42 GMT
H1 activity includes order for LNG bunker barge described as 'the first of its kind built for the North American marine market'.

Lloyd's Register teams up with Penn Oak Energy to help develop LNG-fuelled ship industry
22 Jul 2015 12:37 GMT
Partnership is aimed at helping companies raise capital and mitigate the risks associated with retrofitting ships fuelled by LNG.

World Fuel Services to hold Q2 earnings call
17 Jul 2015 08:15 GMT
Management team to discuss the company's second-quarter results at the end of July.

Oiltanking buys terminals in Finland
16 Jul 2015 07:30 GMT
The two Finnish terminals have a combined operational capacity of 175,400 cubic metres.

Scrubber technology for Finlandia Seaways
09 Jul 2015 13:04 GMT
Agreement to invest over EUR 6 million in the Rosyth to Zeebrugge route includes scrubber and fuel optimisation investment plan.

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