The US residual fuel oil hi-lo, the spread between Atlantic Coast 1%S and Gulf Coast 3%S, registered its largest physical and paper drop in six weeks Tuesday as the recent LSFO demand pop subsided. At the same time, the tightness in the ...
Tags: fuel oil, oil, sulfur fuel oil, fuel oil trade
A cyber espionage network has been allowed to flourish in Eastern Europe, former Soviet republics and Central Asian countries since 2007, security firm Kaspersky Lab reported this week. The group, called Red October, has been stealing ...
Tags: cyber, espionage network, Eastern Europe
Rowland Branham HELENA, Mont. — Watkins & Shepard Trucking, a specialized carrier for home furnishings and flooring products, has hired logistics veteran Rowland Branham as regional sales manager. Reporting to Patrick Smith, ...
Tags: Watkins&Shepard Trucking, home furnishings, flooring products
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week stable to slightly lower on Friday, amid a pick up in fixture activity, even as the market continues to be weighed down ...
Tags: Panamax coal freight, fixture activity, coal
Hydro One was awarded one of the Edison Electric Institute's 2012 Emergency Assistance Awards for supporting the recovery efforts from the June 2012 Mid-Atlantic and Midwest derecho,and Hurricane Sandy.Photos below! "Our employees'skills ...
Tags: Hydro One, EEI, Emergency Assistance Awards, 2012, US
US Atlantic Coast ULSD stocks shot up 2.506 million barrels over the past week, the second-highest rise since record-keeping began in 2004, according to Energy Information Administration data Wednesday. USAC ULSD stocks stood at 25.568 ...
Tags: stocks, ULSD stocks, stock builds
Rupal Mamtani Furniture and rugs and bedding resource Classic Concepts has hired Rupal Mamtani as senior accounts manager, a new position. She was a former owner and executive with Bluefish Home, a furniture and accessories manufacturer ...
Tags: furniture, rugs, bedding resource, Classic Concepts, Rupal Mamtani
January 8, 2013 - Mike Gentile, vice president and general manager of Philips Lighting Canada, announced today the formation of a single customer facing sales organization representing the entire Philips Lighting portfolio previously ...
Tags: Lighting brands, Lighting, Philips Lamps, Lamps
The Platts February LNG Japan Korea Marker ended the Asian trading week at $17.40/MMBtu, up from Monday's $17.15/MMBtu, on the back of sustained demand stemming from cold weather in the Far East. Low temperatures across North Asia boosted ...
Tags: Petroleum, gas, LNG, gas demand
Surprise acquisitions,top level exec changes,retail casualties and the London 2012 effect,the continued dominance of LEGO and Moshi Monsters in-store–not to mention some eye-watering charity challenges…the toy business has ...
Tags: acquisitions, LEGO, Moshi Monsters, Mookie Toys
Prince Edward Island (P.E.I) Brewing Company is planning to expand its market in Atlantic Canada using $2.14m loan from the Prince Edward Island government in Canada. The brewery has also raised $500,000 loan from the Atlantic Canada ...
Tags: Prince Edward Island, Canada, expansion, company news
US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
The deal, which was first announced in November, will see four Contego facilities – in Leeds and Gillingham in the UK, Hoogerheide in the Netherlands and Portlaiose in Ireland – transfer to the US-based cartons giant. It then ...
Tags: Graphic Packaging, Fair Trading, cartons, food packaging
Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...
Tags: oil data, US Energy Information Administratio, crude inventories
CIO - Hurricane Sandy left devastation in its wake, first pounding the Caribbean and then pummeling the Mid-Atlantic and Northeast regions of the U.S. People and businesses are now struggling to get back on their feet. As a CIO or IT ...
Tags: Hurricane Sandy, public transit system, Disaster Recovery, Communication