Irish Continental Group H1: Freight is Stable – Strong Liquidity Position

Traffic volumes in H1, 2020 (Ferries Division) -63.9% Passengers 233.9k (648k) -64.9% Cars 56.6k (161.2k) -2.7% RoRo freight 149.4k (153.6k) Financial figures H1, 2020 (ICG) Revenue EUR 130.8 million (166.8) EBITDA EUR 10 million (30) EBIT EUR -9.5 million (11.6) Gross cash balances EUR 132.5...

https://ferryshippingnews.com/irish-continental-group-h1-freight-is-stable-strong-liquidity-position/

Refinery News: Europe Set To Face Autumn Turnarounds

  • Planned refinery turnarounds in Europe have been ramped up, with refineries in both Northwest Europe and the Mediterranean.
  • This undergoing work coincides with large-scale maintenance in Russia.
  • Q2/H1 results are on multi-year low benchmark refining margins and problems with Russian crude supplies due to contamination and the outage of the Druzhba pipeline.

According to an article published in Platts, planned refinery turnarounds in Europe have been building up, with several sites planning...

http://mfame.guru/refinery-news-europe-set-to-face-autumn-turnarounds/