Wednesday, October 12, 2016
oil tanker
Maritime News

Glencore Shipping Arm Charters VLCC to Ship Asian Gasoil

By Jessica Jaganathan and Keith Wallis SINGAPORE, Oct 12 (Reuters) – Glencore’s shipping unit ST Shipping has chartered a newly built very large crude carrier (VLCC) to ship gasoil from...

October 12, 2016
Total Views: 4

Wednesday, June 24, 2015
Maritime News

Nigerian Trader Sues Glencore Over Failed Payments for Sailors’ Release

Glencore Plc is being sued by a former representative in Nigeria who says the commodities trader promised him $5 million to help free 15 Russian sailors detained on suspicion of smuggling guns.

June 24, 2015
Total Views: 49

Friday, March 13, 2015
Maritime News

Glencore Ordered to Pay Millions Over Decades-Old Oil Fraud

Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to Romania in the 1990s.

March 13, 2015
Total Views: 54

Wednesday, August 20, 2014
newlands coal complex glencore
Maritime News

Glencore Starts $1 Billion Buyback as CEO Says Commodities Boom Isn’t Over

Glencore Plc’s billionaire Chief Executive Officer, Ivan Glasenberg, underscored his belief in the longevity of the global commodities boom by beating his biggest rivals in handing out surplus cash to investors.

August 20, 2014
Total Views: 46

Thursday, May 8, 2014
tony hayward

Glencore Names Ex-BP CEO Tony Hayward Chairman as Oil Assets Grow

May 8 (Bloomberg) — Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward chairman as the mining company run by billionaire Ivan Glasenberg adds to its oil...

May 8, 2014
Total Views: 1

Wednesday, August 21, 2013
mining machine digger digging

Glencore’s Glasenberg Lauds Rival CEOs for New Mining Mantra

Aug. 21 (Bloomberg) — Glencore Xstrata Plc Chief Executive Officer Ivan Glasenberg said mining-industry peers are responding to his call to restrain spending and shelve expansions in a bid to...

August 21, 2013
Total Views: 1

Monday, July 9, 2012
rig aurora

Jack-Up Rig Rates Show No Signs of Letdown with Latest Contract from Glencore

For those analysts who were predicting jack-up day rates to remain flat for the forseeable future, international offshore drilling contractor, Atwood Oceanic (NYSE: ATW), is bucking the apparent trend. Glencore...

July 9, 2012
Total Views: 15

Monday, May 14, 2012
maersk nectar

Glencore Charters Maersk VLCC to Ship Forties Crude to South Korea

LONDON (Dow Jones)–Glencore International PLC (GLEN.LN) will ship 2 million barrels of North Sea Forties crude to South Korea, bringing the total volume of the grade leaving Europe this month to...

May 14, 2012
Total Views: 4

Thursday, May 10, 2012

Glencore: Commodities Demand “Remains Healthy Across the Globe”

LONDON -(Dow Jones)- Commodities titan Glencore International AG(GLE.LN) Wednesday reported mixed first quarter output across commodity products and said its marketing activity was “robust” as physical demand for its commodities remains...

May 10, 2012
Total Views: 0

Monday, March 5, 2012

Glencore CEO Hits the Road to Court Xstrata Shareholders

LONDON (Dow Jones)–The chief executive of commodity giant Glencore International PLC (GLEN.LN) said the share swap ratio in its proposed merger of equals with Xstrata PLC (XTA.LN) is fair, and...

March 5, 2012
Total Views: 3