financial results

Bad quarter for Lauritzen

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

Brenntag still challenged

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

Magellan makes progress

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

Odfjell enjoys happier quarter

Odfjell SE has reported EBITDA of $27m on revenues of $291m for the first quarter 2013. Both figures are down on last year but show some improvement from the fourth quarter.

Costs hold back IMTT profits

IMTT has reported an 8.7% increase in revenues in the first quarter compared to the same period a year earlier.

Pipelines keep NuStar growing

NuStar Energy has reported first quarter EBITDA of $91.6m, down from $106.3m last year.

Vopak reports steady growth

Vopak has posted group EBITDA of €191.2m for the first quarter of 2013, up 2% on the same period in 2012.

InterBulk sees an improvement

Intermodal logistics provider InterBulk says that its tank container division “saw low activity levels” in the company’s financial first quarter.

KM terminals flat

Kinder Morgan Energy Partners has reported first-quarter sales up 24% over the same period last year, with distributable cash flow up 19% at $550m.

Weak market hurts Stolt

Stolt Tankers has reported an operating loss of $2.8m during the first quarter of 2013, compared with the $2.6m operating profit posted for the fourth quarter of 2012.

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