EMEA News

Europe, Middle East See Out a Steady Week for Bunker Prices
Europe and the Middle East saw another quiet day of small mixed movements.
23 Nov 2012
Total to Sell Nigeria Oil Stake to Sinopec
President Upstream at Total says the $2.5 billion cash deal is aligned with it's active portfolio management.
23 Nov 2012
Rotterdam Bunker Prices Remain Steady
Over the last week IFO380 in the port has a change of just $-1.00 and a spread of $2.50.
22 Nov 2012
Polish LNG Terminal a First for Region
European Investment Bank is paying $174.2M for the project to support energy security in EU.
22 Nov 2012
Bunker Prices Drop in Europe, Middle East
With the exception of a few small gains for distillate fuels, prices were down in both regions.
21 Nov 2012
Maersk Tankers Exits Handygas Segment
Firm to sell all 11 of its vessels to UK-based Navigator Gas for an undisclosed sum.
21 Nov 2012
Energy-Saving Market Offers Opportunities
Tech company says demand for fuel efficiency will mitigate the downturn in ship orders.
21 Nov 2012
Mixed IFO Prices in Europe as MGO Prices Jump
MGO gained as much as $35 pmt on Tuesday as North and Western Europe saw small, mixed movements.
20 Nov 2012
Ultrabulk Cancels Order, Substitutes for ECO Ship
Shipping firm says the new ECO Supramax will reduce fuel consumption 10 percent, helping the company weather challenging conditions.
20 Nov 2012
Baltic Ferry Company Sees Jump in Third Quarter Bunker Costs
Despite higher fuel prices, Tallink says it increased revenues and profits in the quarter, compared with last year.
20 Nov 2012
Mixed Start to the Week for European Bunker Prices
Most North and Western Europe markets climb, Middle East, and Mediterranean and Black Sea prices fall.
19 Nov 2012
Weakened European Demand Hurts DFDS Q3 Results
The Danish shipping and logistics company says the results were what it expected, and 2012 profit expectations are unchanged.
16 Nov 2012
Lower Bunker Prices Cushion Odfjell Loss in Q3
The chemical company reports a net loss for the quarter following the shutdown of its Rotterdam Terminal.
16 Nov 2012
Europe, Middle East End Week with Mixed Bunker Price Movements
Bunker price movements were generally small, with a $6.50 gain for Canary Island IFO380 the region's biggest IFO movement.
16 Nov 2012
UK Businesses, Ferry Operators Protest EU Sulfur Limits
One Plymouth business leader calls new rules "barking mad" and warns they could hurt the local economy.
16 Nov 2012
Bunker Prices Climb in Europe, Middle East
Almost all movements were single-digit changes, with a few exceptions including MGO in RIchards Bay, St Petersburg, and Rotterdam.
15 Nov 2012
Vopak and SABIC in Downstream Joint Venture
Firms say the terminal will provide the petrochemical industry in Jubail with a critically important export facility.
15 Nov 2012
Bunker Prices Remain Firm in Northern Europe
North and Western Europe saw bunker prices make another day of small gains, while in the Mediterranean and Black Sea prices were slipping.
14 Nov 2012
NOVATEK, ROSATOM Sign Northern Sea Route Deal
The Russian gas producer says it plans to scale up gas production in the Arctic.
14 Nov 2012
Bunker Costs "Weighed Heavily" on Hapag-Lloyd Q3 Result
The company reports both revenues and profits are updespite higher bunker costs.
14 Nov 2012