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Zero-carbon ammonia for shipping faces cost, safety challenges

UPDATE 1-Zero-carbon ammonia for shipping faces cost, safety challenges Ammonia bunkering study finds 400 safety risks Shippers reluctant to order ammonia-fuelled vessels Costs are two to four times more than traditional marine fuels Updates Oct 28 item with Singapore pilot study; paragraphs 13,14 By Jeslyn Lerh SINGAPORE, Oct 28 (Reuters) - At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las
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ABB, Barratt Redrow, Ti Fluid Systems

EUROPE RESEARCH ROUNDUP-ABB, Barratt Redrow, Ti Fluid Systems Oct 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB, Barratt Redrow and Ti Fluid Systems, on Tuesday. HIGHLIGHTS * ABB Ltd ABBN.S : Goldman Sachs cuts to neutral from buy * Barratt Redrow Plc BTRW.L : JP Morgan raises target price to 600p from 560p * Intermediate Capital Group Plc ICGIN.L : Citigroup raises PT to 2610p from 2600p * Ti Fluid Systems TIFS.L : Jeffer
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Grupa Azoty slides as preliminary Q3 results disappoint

BUZZ- Grupa Azoty slides as preliminary Q3 results disappoint ** Shares in Polish fertilizer and plastic manufacturer Grupa Azoty ATTP.WA fall as much as 5.8% after it reported soft preliminary results for Q3 on Friday ** Grupa Azoty expects to post a net loss of 226 million zlotys ($56.2 million), an EBITDA loss of 120 million and sales revenue of 3.09 billion zlotys for Q3 ** "Q3'24 results are slightly weaker than we had anticipated in our forecasts," analyst Jakub Szkopek from Erste Group sa
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Glencore, Knaus Tabbert, LSE

EUROPE RESEARCH ROUNDUP- Glencore, Knaus Tabbert, LSE Oct 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Knaus Tabbert and LSE, on Monday. HIGHLIGHTS * Glencore Plc GLEN.L : HSBC raises to buy from hold * Knaus Tabbert AG KTAG.DE : Jefferies cuts to hold from buy * LSE LSEG.L : RBC raises target price to 11,600p from 11,000p * Suzano SUZB3.SA : HSBC raises to buy from hold * Veolia VIE.PA : RBC initiates coverage with
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Zero carbon ammonia for shipping faces cost, safety challenges

ANALYSIS-Zero carbon ammonia for shipping faces cost, safety challenges Ammonia bunkering study finds 400 safety risks Shippers reluctant to order ammonia-fuelled vessels Costs are 2-4 times more than traditional marine fuels By Jeslyn Lerh SINGAPORE, Oct 28 (Reuters) - At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key test for its adoption as a marine fuel in the push for cle
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Yara shares jump after Q3 beat

BUZZ-Yara shares jump after Q3 beat ** Shares in Yara YAR.OL rise more than 6% after the Norwegian fertilizer maker posted a bigger-than-expected Q3 earnings ** Third quarter adjusted EBITDA rose to $585 million vs company consensus of $482 million ** "A beat on all lines," says J.P.Morgan, adding that the earnings beat was primarily due to better-
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Yara's core profit soars 47% on strong production, high prices

UPDATE 3-Yara's core profit soars 47% on strong production, high prices Adds shares in paragraph 3, CEO quotes in paragraphs 5-6, analyst comment in paragraph 10 By Jesus Calero Oct 25 (Reuters) - Yara International YAR.OL , one of the world's largest fertilizer producers, reported a bigger-than-expected 47% jump in its third-quarter core profit on Friday, helped by its focus on core operations to boost profitability.
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Norway's Yara beats Q3 profit expectations

Norway's Yara beats Q3 profit expectations Oct 25 (Reuters) - Yara International YAR.OL , one of the world's largest fertilizer producers, reported third-quarter core earnings above market expectations on Friday, citing record production and its focus on core operations to boost profitability. Reporting by Jesus Calero in Gdansk; editing by Milla N
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Potash supply nears pre-war levels, pushing producers to cut output

ANALYSIS-Potash supply nears pre-war levels, pushing producers to cut output Potash prices have fallen sharply from 2022 highs Russia, Belarus increase shipments to Asia, South America Nutrien and K+S report earnings in November By Tristan Veyet, Jesus Calero and Luca Fratangelo Oct 23 (Reuters) - Global potash supply is returning to levels seen before the invasion of Ukraine, as Russia and Belarus sidestep Western sanctions by increasing shipments to Asia and South America, pressuring producers
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Airbus, UniCredit, Yara, and updates UPM; changes cut-off period to the start of July Oct 17 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of July: BANKS * DNB DNB.OL : The Norwegian lender said in September it would cut the equivalent of 500 full-time jobs over the next six months, as
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Yara To Transform Tertre Plant To Strengthen Long-Term Competitiveness

BRIEF-Yara To Transform Tertre Plant To Strengthen Long-Term Competitiveness Oct 15 (Reuters) - Yara International ASA YAR.OL : YARA INTENDS TO TRANSFORM TERTRE PLANT TO STRENGTHEN LONG-TERM COMPETITIVENESS YARA TERTRE IS FACING CHALLENGING MARKET CONDITIONS, IN COMBINATION WITH HIGH AND VOLATILE ENERGY PRICES AND HIGH MAINTENANCE COSTS AFTER PROPO
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Bunzl, Equinor ASA, L'Oreal

EUROPE RESEARCH ROUNDUP-Bunzl, Equinor ASA, L'Oreal Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bunzl, Equinor ASA and L'Oreal, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : UBS raises target price to EUR 279 from EUR 275 * Bunzl BNZL.L : JP Morgan raises to overweight from neutral * Equinor ASA EQNR.OL : Morgan Stanley raises to equal weight from underweight * L'Oreal OREP.PA : Citigroup cuts target price to EUR 420 from
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Adidas, Harbour Energy, LSE

EUROPE RESEARCH ROUNDUP-Adidas, Harbour Energy, LSE Sept 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Harbour Energy and LSE, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baird raises target price to EUR 260 from EUR 255 * Diploma Plc DPLM.L : Peel Hunt raises PT to 5,100p from 3,600p * Harbour Energy Plc HBR.L : Jefferies cuts target price to 360p from 400p * LSE LSEG.L : JP Morgan raises target price to 11,600p from
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Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility By Nora Buli OSLO, Sept 26 (Reuters) - Shell SHEL.L , Equinor EQNR.OL and TotalEnergies TTEF.PA said on Thursday their carbon dioxide (CO2) storage project on Norway's west coast is now completed and ready to receive CO2, with its first deliveries expected next year. Carbon capture and storage (CCS) has long been highlighted as a way to reduce CO2 emissions but there are few commercial projects in existence, with Norway in 2020 la
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Asia Fuel Oil-Market steady to softer; Kuwait offers more HSFO for Oct

Asia Fuel Oil-Market steady to softer; Kuwait offers more HSFO for Oct SINGAPORE, Sept 19 (Reuters) - Asia's fuel oil market was steady to softer on Thursday, with spot premiums for 0.5% low sulphur fuel oil (VLSFO) dipping further, while Kuwait offered more high sulphur fuel oil (HSFO) for October. Singapore cash premium for VLSFO was pegged lower at about $16.20 a metric ton to cargo quotes on Thursday.
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Global consortium pioneers ammonia cargo transfer between ships at Australian port

Global consortium pioneers ammonia cargo transfer between ships at Australian port SINGAPORE, Sept 19 (Reuters) - Japan's Mitsui O.S.K. Lines, Norway's Yara and Singapore's Global Centre for Maritime Decarbonisation said they had jointly completed an ammonia cargo transfer operation in Australia that will pave the way for ammonia bunkering in the region.
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Domino's Pizza Group, OSB Group, Travis Perkins

EUROPE RESEARCH ROUNDUP-Domino's Pizza Group, OSB Group, Travis Perkins Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Domino's Pizza Group, OSB Group and Travis Perkins, on Monday. HIGHLIGHTS * Domino's Pizza Group Plc DOM.L : Jefferies cuts target price to 400p from 430p * Holcim HOLN.S : Deutsche Bank raises to buy from hold * OSB Group OSBO.L : Peel Hunt cuts to hold from add * Travis Perkins TPK.L : Peel Hunt raises to
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K+S beats Q2 revenue forecasts as fertiliser sales recover

UPDATE 2-K+S beats Q2 revenue forecasts as fertiliser sales recover Adds agricultural segment performance in paragraph 3, shares in paragraph 4, outlook for potash supply paragraph 7 By Tristan Veyet and Chiara Holzhaeuser Aug 14 (Reuters) - German potash and salt miner K+S SDFGn.DE beat revenue expectations on Wednesday as it published its second quarter results, helped by higher sales volumes in its agricultural segment.
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CF Industries beats quarterly profit estimates on higher ammonia production

CF Industries beats quarterly profit estimates on higher ammonia production Aug 7 (Reuters) - Fertilizer maker CF Industries CF.N beat second-quarter profit estimates on Wednesday as a rise in ammonia production and higher nitrogen prices offset lower sale volumes and pricing, sending the company's shares up 3% in aftermarket trading. Despite a pullback in global crop prices following improvements in supply, U.S.
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