Baltic

ABinbev Acquires Australian Brewery 4 Pines

Belgian–Brazilian beverage and brewing company Anheuser-Busch InBev (AB InBev) has acquired Australia-based 4 Pines Brewing for an undisclosed amount. 4 Pines says that the deal will help it to expand its operations, culture and ...

Tags: ABinbev, beers

Workshop on Technologies and Equipment for Global Energy Interconnection Held in Berlin, Germany

The conference on technologies and equipment for global energy interconnection was held in Berlin from December 10 to 11, 2015 local time. This conference was co-hosted by State Grid Corporation of China or SGCC, and German Electrical and ...

Atria to Invest €14m to Improve Lagerberg's Production Operations

Finnish meat processor Atria has announced that it would invest €14m to improve operations at poultry firm Lagerberg which was recently acquired by it. The company will make investments over the next three years to improve the entire ...

Tags: Lagerberg, chicken rearing

China, Finland Agree Tech Fund

China and Finland have set up a fund that will pool money from Chinese and Finnish enterprises to invest in innovative startups and joint tech projects. The 40-million-euro fund, agreed at a forum in Beijing technology hub Zhongguancun on ...

Tags: Tech Fund

Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes

Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...

Tags: Tankers, VLCC Fixtures, crude, Aframaxes

Urals Prices Versus Dated Brent Jump as DEC Novorossiisk Schedule Proves Short

Urals differentials versus the Dated Brent market jumped in both the Mediterranean and Northwest Europe in European trading Tuesday after the full provisional December loading program for the Black Sea port of Novorossiisk proved to be the ...

Tags: Urals cargoes

Singapore's MPA Steps up Efforts to Boost Green Maritime Technologies

The Maritime and Port Authority of Singapore said Monday it is working with Nanyang Technological University, Singapore Maritime Institute and ClassNK in a bid to boost development of eco-friendly maritime technologies in the city state. ...

Tags: Maritime Energy Test Bed, Green Maritime Technologies

Dated Brent at Nine-Week Low Amid Weak Refining Margins and Cheap Urals

Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid weak local refinery uptake of the grade, sources said. Dated Brent fell to Forward Dated Brent minus 51 cents/b Monday, ...

Tags: Dated Brent, refiners, crudes

BASF/Wintershall and Gazprom Celebrate 25-Year Partnership

BASF/Wintershall and Gazprom have already been cooperating successfully for a quarter of a century: The two companies laid the foundations for their cooperation in autumn 1990 with a long-term agreement to market Russian natural gas in ...

Tags: BASF, Gazprom, natural gas

Trendsetter Home Furnishings Ltd Announces Annual Growth of 48%

Trendsetter Home Furnishings Ltd, an international supplier of duvets, pillows and mattress toppers and parent company of The Fine Bedding Company Hotels Division, has announced annual growth of 48%. It comes in the same month that the ...

Tags: furniture, furniture accessories, bedding furniture