Retail Marine Fuel Sales News

SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI) reported a net profit attributable to equity holders of $11.5 million for the year ended December 31, 2009 (FY2009) and a net profit attributable to equity holders of $2.9 million for the fourth quarter of 2009 (4Q2009). Reflecting Chemoil’s continued strong presence in retail shipping sales, fuel deliveries rose by 5% to 4 million metric tons for 4Q2009 compared with 3.8 million metric tons for 4Q2008. Supported by strong retail volumes in Asia, retail marine fuel sales rose by 6% for FY2009 – accounting for 59% of all volumes throughout the year. Furthermore, Chemoil’s continued dedication to cultivating strategic partnerships…