Tue 14 Feb 2017, 09:31 GMT

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


Flag of Brazil. Petrobras resumes bunkering operations at Rio Grande Terminal after power restoration  

Brazilian supplier restarts marine fuel supply after completing an inspection following an electricity outage.

Stena E-Flexer vessel render. Stena RoRo orders battery-ready E-Flexer 2.0 ferries from Chinese yard  

Vessels include diesel engines capable of running on biodiesel and are methanol-ready.

BW Gemini vessel. Nord Gas Solutions to supply cargo and fuel systems for eight BW LPG VLGCs  

Gas-handling systems specialist awarded contract for new 90,000-cbm vessels.

Kingston Trader vessel. TFG Marine fits mass flow meter to Jamaica-bound bunker barge  

Kingston Trader becomes the first Caribbean bunkering vessel with mass flow metering as TFG Marine’s fleet coverage nears 90%.

Sebastian Vasquez and Camilo Angulo Ferrand, Monjasa. Monjasa announces full-chain marine fuel operations in Cartagena  

Monjasa says it now covers the entire marine fuel supply chain in Colombia, from oil wells to ship-side deliveries.

Steel-cutting ceremony for vessel with builder's hull no. H619. Ceremonies held for Van Oord’s methanol-hybrid rock installation vessels  

Two ships advance through parallel construction at China’s CIMC Raffles shipyard.

WK NatPower and AREL MoU signing. Wah Kwong NatPower signs MoU to explore Hong Kong marine electrification  

Venture will examine shore power, vessel charging and electric vessel deployment around Aberdeen’s waterfront.

Vard 4 39 design render. Dong Fang Offshore orders CSOV with battery-hybrid propulsion  

Vard secures fifth newbuild contract from Taiwanese firm, with delivery scheduled for 2028.

Rock Star vessel. CSL and OWL launch first subsea rock installation vessel for offshore wind  

MV Rock Star can run on MGO and methanol and is designed to support scour protection and cable burial for offshore wind projects.

François Michel and Andy McKeran. Lloyd’s Register study backs 200,000-cbm LNG carriers for fleet renewal  

Analysis finds larger LNG carriers could cut transport costs while retaining access to most major terminals.