Shipping Investment

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Mayor kills deal for private operator of Chicago port

Chicago Sun-Times 20 Jul 2019

“The City of Chicago is committed to making continued investments that will maximize the port’s potential as a major shipping and transportation hub, while ensuring that any future development strategies are anchored in a robust engagement process to ensure the voices of the city ......

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Social enterprises spread the wealth from tourism

Taipei Times 20 Jul 2019

Situated in East London’s Royal Docks, where ships unloaded their cargo a century ago, the 148-room Good Hotel invests all of its profits in training and education to create jobs and opportunities for locals in one of the city’s poorest areas....

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Perryman: Texas black gold's far-reaching impacts

Longview News-Journal 20 Jul 2019

For well over a century, the vast reserves of oil and natural gas in Texas have contributed to business activity and job creation ... Massive investments are occurring in pipelines, storage facilities, port and shipping capacity, and other key industry elements to transport the oil and gas to foreign markets where it is desperately needed. U.S ... — M ... .......

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Shipowners Back FG’s Bid to Ban Importation of Foreign Built Vessels

This Day 19 Jul 2019

The stakeholders stated this in reaction to the 15-man committee set up by the Nigerian Maritime Administration and Safety Agency (NIMASA), to facilitate foreign direct investment (FDI) in Nigeria for ship building and repairs by foreign ship building, repair yards....

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Port district rejects private operator

Chicago Business 19 Jul 2019

The thinking is that a private operator could finance the capital investment necessary to attract more shipping business. WTTW reported July 17 that an unnamed company was prepared to invest $75 to $100 million to improve the port, in exchange for the majority of the profits for an undisclosed number of years....

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Delhi mulls giving Bangladesh access to ports on west coast

Business Line 19 Jul 2019

Bangladesh now ships its exports, mostly garments, by daughter vessels through the congested Chittagong port to Colombo, Singapore or Port of Klang for transshipment to mother vessels ... However, considering its limited cargo potential, there is a question mark over the viability of such facilities, which involve substantial investments....

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Celltrion and Nan Fung Group to establish Vcell Healthcare Limited to Develop and Commercialize Biosimilars in China

Pharmiweb 19 Jul 2019

Founded in 1954, Nan Fung Group is a conglomerate based in Hong Kong with global interests in real estate development and investment, life sciences investments, financial investments, hotels and shipping. The Group has established Nan Fung Life Sciences, a global investment platform focusing on life sciences....

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Celltrion and Nan Fung Group to establish Vcell Healthcare Limited to Develop and Commercialize Biosimilars ...

The Record 19 Jul 2019

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Timeline of Mongolia's Oyu Tolgoi copper mine

This is Money 19 Jul 2019

July 19 (Reuters) - The Oyu Tolgoi copper-gold mine in the Gobi Desert is the biggest foreign investment project in Mongolia's history ... Mongolian government sets up working group to create a formal Oyu Tolgoi investment agreement ... The government of Mongolia, Ivanhoe Mines and Rio Tinto sign Oyu Tolgoi investment agreement at a state ceremony....

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After Market: Biocon drops 9%, RIL 1%, HDFC AMC hits new record; 517 stocks hit 52-week lows

The Times of India 19 Jul 2019

NEW DELHI. Marking its second-biggest fall in Calendar 2019 so far, equity barometer Sensex ended with a deep 560 points, or 1.44 per cent, cut at 38,337 on Friday ... On the other hand, Sterlite Technologies, GSFC, Hatsun Agro Product, Great Eastern Shipping Company and Pilani Investment were among the 44 stocks that showed bullish crossovers ... ....

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Sheikh Mohamed bin Zayed to visit China next week

The National 18 Jul 2019

In April, China signed an agreement to invest $3.4 billion (Dh12.49bn) into shipping and food projects in Dubai, part of its Belt and Road global megaproject....

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Asos falls further out of fashion: Shares tank again as former stock market darling issues third profit warning in eight months

This is Money 18 Jul 2019

Shares in Asos took another battering in early trading today after the online fashion giant issued its third profit warning in eight months ... Boss Nick Beighton said ... 'If ASOS doesn't have the stock ready to ship then consumers will simply go elsewhere,' warned AJ Bell investment director Russ Mould....

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Aker AS (AKAAF) CEO Øyvind Eriksen on Q2 2019 Results - Earnings Call Transcript

Seeking Alpha 18 Jul 2019

Aker's CFO, Frank Reite, will then go through the financial investments portfolio and the first half accounts in more detail ... Subsequent to quarter end, Aker Energy entered into a financing agreement with Africa Finance Corporation; a multilateral investment grade rated financial institution focusing on infrastructure projects in Africa....