Pan European Terminals wins contract with major trader

Pan European Terminals has secured a contract with a major trader for fuel oil trans-shipment at its Dan Balt facility at Aabenraa, Denmark.

Pan European Terminals has secured a contract with a major trader for fuel oil trans-shipment at its Dan Balt facility at Aabenraa, Denmark.

The company - which owns operates and leases terminals and tank capacity in Europe - said it has now let all available space in Petro Broker International BV, Rotterdam and Dan Balt.

Advertisement - Article continues below

"Having successfully negotiated this contract for Dan Balt, the directors view the company's performance for the current financial year with confidence," the group said.

Shares were up 12.93% to 20.75p at 14:37 Tuesday.




Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular


House price crash: UK property prices are falling – so where next?

With UK property prices falling for the first time in eight years, are we about to see a house price crash? John Stepek looks at what’s behind the sli…
2 Jul 2020

The end of the bond bull market and the return of inflation

Central bank stimulus, surging post-lockdown demand and the end of the 40-year bond bull market. It all points to inflation, says John Stepek. Here’s …
30 Jun 2020

How can markets hit new record highs when the economy is in such a mess?

Despite the world being in the midst of a global pandemic, America's Nasdaq stock index just hit an all-time high. And it's not the only index on a bu…
3 Jul 2020