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Glencore

Read all the latest news about Glencore. ShippingWatch gives you independent, credible, critical and fair news.

Commodity trader expects boom in LNG deliveries

Commodity traders Gunvor, Glencore and Trafigura all see increased interest in LNG. By the end of the year, Gunvor expects to see a big increase in deliveries compared to last year, writes Reuters.

Glencore under investigation for bribery in the UK

British authorities are investigating commodity trader Glencore for bribery in the UK, shows a statement sent to the stock market in London. News emerged earlier this year that the company also faced a corruption probe in the US.

Glencore sells large stake in Rosneft

Swiss trading house Glencore is selling almost its entire shareholding in Russia's Rosneft to its Qatar-based investment partner after a planned sale to a Chinese energy investor fell apart.

Glencore leverer laveste overskud i fem år

Glencore har leveret sit laveste halvårsoverskud, siden selskabet blev noteret på Børsen i London for fem år siden. Selskabet er presset af faldende priser på råvarer og kæmper for at reducere sin gæld.

Glencore looking to sell Australian coal train unit

Mining and trading giant Glencore is looking to spin off its Australian coal train unit, which transports 40 million tons of coal annually, in an effort to reduce its debt. The Swiss-based entity expects to fetch as much as USD 1.1 billion from the potential sale.

Glencore impairs and divests assets

Commodity giant Glencore left 2015 with disappointing operating results, but the adjusted profit on the bottom line finished higher than expected.

Only a few tankers are used as floating storages

Oil traders at the major trading houses such as Vitol, Glencore and Trafigura, which a few months ago were chartering tankers on a large scale to store oil at sea, have now sent the ships sailing instead, reports Financial Times.

Kun få tankskibe anvendes som flydende lagre

Oliehandlere i de store handelshuse som Vitol, Glencore og Trafigura, der for få måneder siden chartrede tankskibe i stor stil med henblik på at lagre billig olie til søs, har sendt skibene ud at sejle i stedet for. Det skriver Financial Times.

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