News

Tesoro gets SoCal nod - 20/05/2013

Tesoro Corp has received FTC approval for its acquisition of BP’s refining and marketing business in southern California.

Bad quarter for Lauritzen - 16/05/2013

J Lauritzen has reported EBITDA of $9.4m for the first quarter, in line with expectations.

ITCO counts the tanks - 16/05/2013

ITCO has released the results of its first fleet survey, which indicates there are 338,260 tank containers currently in operation worldwide, including 39,700 produced last year.

Hoyer sets up Saudi JV - 15/05/2013

Hoyer has established a joint venture with the Globe Marine Group of Saudi Arabia and the Sharaf Group of the UAE.

KM has big plans for Texas - 14/05/13

Kinder Morgan Energy Partners is to build nine new storage tanks at its Galena Park terminal in Texas, adding 1.2m bbl (190,000 m3) of new capacity to handle long-term contracts.

RSA, Talke sign Dubai JV - 14/05/13

RSA Logistics and Talke Group have formed a joint venture, RSA-Talke, to operate a chemicals storage facility in Dubai Logistics City.

Brenntag in ND deal - 10/05/13

Brenntag France has appointed Norbert Dentressangle (ND) to provide it with a dedicated fleet and driver hire service via its Red Inside offering.

Brenntag still challenged - 09/05/13

Brenntag has announced a first quarter post-tax profit of €69.8m, down 12% from the €79.3m achieved this time last year.

Mauser buys in Canada - 09/05/13

Mauser has acquired Armco Industries, a Canadian distributor of industrial packaging and accessories.

Hyundai bags VLGC orders - 07/05/13

Hyundai Heavy Industries is said to have won orders for up to nine VLGCs, four of which are firm contracts.

Magellan makes progress - 07/05/13

Magellan Midstream Partners has reported first-quarter operating profit of $142.5m, up from $122.8m a year ago.

Go-ahead for Mariner South - 07/05/13

Sunoco Logistics and Lone Star NGL are to press ahead with their massive LPG import/export product in the US Gulf, after Shell Trading US signed up as an anchor client.

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