
World Point Terminals 1Q16 results
World Point Terminals, LP has announced its financial results for the quarter ended 31 March 2016.
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Supported by slow fleet growth and ongoing positive refinery margins, VLCC earnings in 1Q16 were up from a year ago, but down from 4Q15.

USD Partners LP has announced their results for the first quarter 2016.

Fox Petroleum has proposed India’s first FSRU LNG terminal to the Karnataka Government.

Zenith Energy and Grupo Coremar have completed the first phase of the Palermo Tanks Terminal in Colombia.

Penspen has signed an agreement with ADNOC Distribution to provide engineering services for the upgrade of various terminals and depot facilities in the UAE.

Essar Ports Hazira Terminal has received approval from GMB to handle 15 million tonnes of third party merchant cargo.

Zenith Energy has completed its acquisition of BP's Amsterdam terminal.

On 23 April, General Dynamics NASSCO hosted a christening ceremony for the second ECO Class tanker for American Petroleum Tankers (APT).

Plains All American Pipeline and Cheniere Energy have announced a long term storage agreement.