Shipping Investment

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Wednesday, 19 February 2020

Latest News for: Shipping investment

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Tomini Shipping to list in Norway

Splash24/7 19 Feb 2020

UAE-based bulker operator Tomini Shipping has registered for listing on the Norwegian Over the Counter (NOTC) market ... Imtiaz Shaikh, chairman of Tomini Shipping....

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Dry Bulk's Binary Coronavirus Fate: Snap-Back Or Wipeout

Market Watch 19 Feb 2020

Dry bulk shipping — the world's largest transport market by volume — has thrown in the towel on the first half of 2020 ... Golden Ocean is among the largest dry bulk owners listed on Wall Street; its largest shareholder is famed shipping tycoon John Fredriksen ... Benzinga does not provide investment advice....

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Waterfront offices sold for more than £20m

The Business Desk 19 Feb 2020

ADAPT Real Estate, a UK regional asset manager, and Ship Street Advisors, a Hong Kong-based investment advisor, have acquired 3-4 Embankment in Leeds from XLB and ......

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Fraud Alert: Local, state officials issue warning

The St Helens Chronicle 19 Feb 2020

The scammer pretended to seek investors to cover $5 million in transportation costs to ship a 500-ton marble lion sculpture from China. The con artist promised that investments would be returned plus a percentage of the profits from the sale of the sculpture ... The Division encourages consumers to do their homework before making any investment....

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Glencore posts first annual loss in four years as impairments bite

Arab News 19 Feb 2020

LONDON ... Glencore is cooperating with the investigations ... The business has been under pressure due to low prices for coal shipped from the region. In 2019, Prodeco’s profits were down significantly as it invests near term in mine development activities, expected to increase the operation’s medium-term volume productivity and earnings prospects .......

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Halter Marine plans $10 million expansion, creation of 100 jobs

Mississippi Business Journal 18 Feb 2020

ST Engineering Halter Marine and Offshore Inc., a ship maintenance and repair company, is expanding in Pascagoula. The project is a $10 million corporate investment and will create 100 jobs. The expansion will enable the company to perform commercial repair work for larger ships and oil platforms that require greater size and lifting capacity....

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Coast Guard to announce plans to make Charleston one of its largest US bases

The Post and Courier 18 Feb 2020

The Coast Guard's top officer is expected to announce this week that Charleston will become one of the largest concentrations of ships and guardsman in the nation, growing the economic footprint of the military in the region ... Thursday at the Charleston Cruise Ship Terminal....

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Commandant of Coast Guard will announce plan to make Charleston one of US's largest bases

The Post and Courier 18 Feb 2020

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Finance Ireland plans stock market flotation in May

The Irish Times 18 Feb 2020

Finance Ireland traces its roots back to 2002 when Mr Kane, a former chief executive of Irish Permanent, set up a company called Shared Home Investment Plan (Ship), which offered an equity-release product in Ireland for seniors....

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Oil majors are not leaving Nigeria, only their investment dollars

Business Day Online 18 Feb 2020

All over the world, enthusiasm for new investments in oil and gas projects are waning ... As Nigerian works to close loopholes in its laws, IOCs are shipping their money out of the country, firing contract staff by the thousands and kicking Final Investment Decisions (FIDs) further down the road....

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Sierra Metals Reports Strong Q4-2019 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru

The Saratogian 18 Feb 2020

Additionally, there was a build-up of approximately 4,160 tonnes of saleable concentrate including copper concentrate (978 lbs.), zinc concentrate (2,369 lbs.) and lead concentrate (816 lbs.) that was not shipped in Q4 2019 which affected revenue and realized metal production, but which is expected to be realized in Q1 2020....

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Shipping pollution regulations 'could harm food chain'

The Observer 17 Feb 2020

The Clean Shipping Alliance, a lobby group for companies that have invested in exhaust gas cleaning technology, says it believes that sufficient research has been conducted and discharges from the devices are safe for marine ecosystems....

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German gov't provides 23-bln-USD export credit guarantees in 2019

China.dot.org 17 Feb 2020

In addition to numerous transactions by small and medium-sized enterprises last year, the German government continued to "cover large-volume transactions, especially in the shipping sector."....