Petroval Enters Rotterdam Market

Friday, February 27, 2004
In line with its strategic plan to get closer to certain end user markets, Geneva based Petroval has concluded a long term contract for storage of fuel oil with Vopak at their Europoort site, commencing in the second quarter of 2004. Petroval will break bulk and re-deliver products, which are refined at Russian refineries as well as in Lithuania, directly into the Rotterdam bunker market. Petroval is an oil trading company specializing in the marketing and sales of crude oil and refined oil products originating mainly from the Russian Federation. The company through commercial contracts handles most of the international exports of products refined by Yukos Oil Company.

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0685 sec (15 req/sec)