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Home » News » Financial News - Q4 2015

Financial News - Q4 2015

CPC orders two bunker delivery barges worth $21.8m
30 Dec 2015 12:55 GMT
Barges are to be used for the supply of marine fuel to ships in Taiwan.

Fratelli Cosulich acquires Chemoil Monde-Export
23 Dec 2015 13:02 GMT
Acquisition of business with 'family-like management style' is said to be consistent with Fratelli Cosulich's growth strategy.

Vopak sells all its UK assets
21 Dec 2015 10:04 GMT
Transactions with Macquarie Capital and Greenergy are expected to be completed in the first quarter of 2016.

New incentive for ships that bunker LNG in Rotterdam
16 Dec 2015 13:48 GMT
Ten percent discount on gross seaport dues is being offered to seagoing vessels that bunker LNG in Rotterdam.

Oiltanking acquires stake in Mozambique terminal projects
10 Dec 2015 12:46 GMT
Terminals in Matola and Beira are to be used for the storage and handling of bulk petroleum and chemical products.

Peninsula Petroleum secures additional bank funding
26 Nov 2015 09:23 GMT
Company secures $350 million 'to further expand its business operations'.

World Fuel Services declares dividend
25 Nov 2015 09:22 GMT
Quarterly cash dividend is in line with the 60 percent increase announced earlier this year.

Aegean posts Q3 results
20 Nov 2015 09:39 GMT
Net income, gross profit and sales volumes are up on last year, but revenue is 40.2% lower 'due to the drop in oil prices'.

MAN Diesel & Turbo acquires Cryo's marine fuel business
19 Nov 2015 15:01 GMT
MAN enhances its marine LNG propulsion offering with acquisition of fuel gas supply specialist.

Dip in turnover for gas infrastructure group Fluxys
19 Nov 2015 11:33 GMT
Turnover during the first nine months of 2015 was down EUR 9.8 million, or 2.45 percent.

Koole Terminals to be sold
12 Nov 2015 11:45 GMT
Agreement reached to sell company operating around 2 million cubic metres of storage capacity.

Vitol to buy 15% stake in fuel oil seller Hascol Petroleum
12 Nov 2015 09:24 GMT
KSE-listed company confirms agreement with Vitol in filing.

MISC's 50% stake in VTTI acquired for $830 million
09 Nov 2015 13:48 GMT
Vitol Investment Partnership (VIP) completes acquisition of MISC's shareholding in VTTI BV.

Aegean to hold Q3 earnings call this month
06 Nov 2015 10:49 GMT
Bunker firm's earnings call to take place after the announcement of its Q3 results.

Aegean secures new financing for Fujairah oil terminal
06 Nov 2015 10:28 GMT
Supplier enters into $120 million credit facility with UAE banks.

Magellan Midstream posts 26% jump in Q3 results
05 Nov 2015 12:41 GMT
US firm's marine storage operating margin was up $4.6 million compared to last year.

NuStar posts 61% decline in Q3 fuels marketing sales
04 Nov 2015 14:40 GMT
Segment operating income fell to a loss of $1,819,000 from a profit of $7,518,000 in the prior-year quarter.

Survey: Ship operating costs set to rise in 2015 and 2016
02 Nov 2015 09:55 GMT
Latest survey is based on responses from 'key players in the international shipping industry'.

World Fuel Services sells 8.6 million tonnes in Q3
29 Oct 2015 14:25 GMT
Q3 bunker sales were up 2.1 million tonnes year-on-year, reports marine, aviation and land fuel specialist.

World Fuel Services posts 11% drop in Q3 net income
29 Oct 2015 10:44 GMT
Gross profit generated by marine segment was 2% lower than last year.

UK shipbroker Century Marine victim of 'fraud'
26 Oct 2015 10:34 GMT
Dubai firm is said to have been passing itself off as connected with Century Marine Services by hacking the company's website.

First container ship to be converted to LNG
20 Oct 2015 13:08 GMT
Government-funded project is designed to promote the use LNG as a marine fuel.

World Fuel Services to hold Q3 earnings call
15 Oct 2015 07:26 GMT
Management team to discuss the company's third-quarter results at the end of October.

Hapag-Lloyd revises bunker charges
01 Oct 2015 12:23 GMT
Affected areas are North Europe, Mediterranean and Black Sea, and South Africa and West Africa.

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