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Home » News » Financial News

Financial News

Maersk Line introduces Emergency Bunker Surcharge
25 May 2018 13:55 GMT
Shipper unable to recover bunker costs through standard bunker adjustment factors due to price jump.

World Fuel Services declares quarterly cash dividend
25 May 2018 07:15 GMT
Dividend is in line with recent payouts.

Aegean appoints chairman, but no 2017 report until after Audit Committee review
23 May 2018 00:02 GMT
Donald Moore named as chairman; company plans to move from Melisanidis-owned premises.

Brightoil's Audit Committee 'negotiating' with adviser; results release date still unknown
21 May 2018 13:37 GMT
Negotiations said to be centred around independent adviser's recommendations.

Brightoil's Singapore CEO and head of bunkering steps down
21 May 2018 12:35 GMT
Wang Wei decides not to seek shareholder re-election; confirms no disagreement with board.

Maersk COO explains unit cost at fixed bunker price, outlines fuel efficiency plan
18 May 2018 09:21 GMT
Soren Toft offers further insight into the Ocean segment's bunker-related results.

GoodFuels secures funding from Dutch investment firm
17 May 2018 11:04 GMT
Investment to be used to boost product development and accelerate international growth.

Hapag-Lloyd's Q1 bunker consumption jumps 37% post UASC merger, records $34.3m loss
14 May 2018 07:47 GMT
Shipper says 18.8% bunker price rise 'had a negative impact on earnings'.

Odfjell posts Q1 rise in bunker costs and $12.1m net loss
10 May 2018 10:08 GMT
Believes chemical tanker market will improve in Q2; expects 'stable' results for terminal business throughout 2018.

The Aegean board U-turn: From founder's son to shareholder group nominees in 71 days
03 May 2018 12:14 GMT
How Aegean went from almost incorporating Melissanidis's son and HEC's CEO to adding vocal shareholder group nominees instead.

Aegean: More time needed to file annual report
01 May 2018 00:15 GMT
Says it requires time to complete its consolidated financial statements and assess internal control over financial reporting.

Royal Caribbean sees Q1 bunker costs drop 10%
30 Apr 2018 12:28 GMT
Cruise operator expects fuel expenses to rise by 1.3% in Q2.

World Fuel Services: Florida marine business helped improve profitability
27 Apr 2018 16:13 GMT
Management discusses seasonal sales, cost reduction, margins, niche penetration and LNG.

World Fuel Services posts net income - and marine gross profit - of $31.2m
27 Apr 2018 00:13 GMT
Overall net earnings virtually level with last year; marine division's profit dips 7 percent.

Kirby posts $5m rise in net profit as revenue jumps 50.8%
26 Apr 2018 18:12 GMT
Bunker barge operator achieves $32.5m net earnings.

Aegean Marine Petroleum appoints new CFO
18 Mar 2018 09:02 GMT
Pavlos Papageorgiou has more than 20 years' experience in the financial services sector.

Rotterdam to usher in EUR5m incentive for ships using low- and zero-carbon fuels
13 Apr 2018 14:41 GMT
Port explains that in order to slash emissions by more than 50%, it will require the use of alternative fuels.

Monjasa swings back into profit in 2017
12 Apr 2018 13:32 GMT
Revenue jumped 16.7% despite 300k-tonne dip in bunker sales volume.

Quadrise share price plummets more than 27% in morning trading
06 Apr 2018 09:45 GMT
Company's share value has fallen 70% in just over six trading days.

Brightoil still unable to provide results release date
03 Apr 2018 14:22 GMT
'The Audit Committee may require further time to consider the further steps,' Brightoil says.

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