Shipping Investment

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Berkshire Hathaway posts $43.8bn second-quarter loss

Business Day 07 Aug 2022

Rising interest rates and dividend payouts helped insurance businesses generate more money from investments, while the strengthening US dollar boosted profit from European and Japanese debt investments ... But it said direct losses have not been material, despite higher costs for materials, shipping and labour.

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Berkshire Hathaway posts $43.8 bln loss as stock holdings tumble

The Times of India 07 Aug 2022

Rising interest rates and dividend payouts helped insurance businesses generate more money from investments, while the strengthening U.S. dollar boosted profit from European and Japanese debt investments ... But it said direct losses have not been material, despite higher costs for materials, shipping and labor.

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Water wars in a drying California: New money vs. old power in San Joaquin Valley

SiliconValley.com 07 Aug 2022

In this fragile and failing oasis, small farmers worry that both will sell precious water to the highest bidders, then ship it far away ... The pipeline, bankrolled by his investment firm Sandridge Partners, is an efficient and conservation-minded way to ship water, he says.

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Inside the violent, misogynistic world of TikTok’s new star, Andrew Tate

The Observer 07 Aug 2022

Andrew Tate says women belong in the home, can’t drive, and are a man’s property ... 01.43 ... More controversy followed ... Members, including boys as young as 13, are told they can earn up to £10,000 a month through lessons on crypto investing, drop shipping and by recruiting others to Hustler’s University, earning 48% commission for each person they refer ... .

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UK’s biggest container port to be hit by eight days of strikes

Gulf News 06 Aug 2022

Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes ... “We are concerned about the risk of ships opting to bypass Felixstowe ...

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Virgin Galactic liftoff delayed until spring 2023

Albuquerque Journal 06 Aug 2022

Improvements include work on Eve’s central wing section to upgrade the pylon that attaches the rocket ship to the carrier plane ... And as Virgin Galactic invests in new manufacturing facilities and ship production, it projects losses growing to between $110 and $120 million in coming quarters.

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Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

Yahoo Daily News 06 Aug 2022

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Monsanto and BlackRock are buying up Ukraine

Free West Media 06 Aug 2022

“Investing in Neptune allows Cargill to better leverage its operations to feed a growing population by shipping grain to areas around the world where it’s needed most.” ... But this is just one of many Western investment projects that would be completely lost if ...

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Seven ways to avoid airport chaos when the usual logic doesn't apply

Messenger-Inquirer 06 Aug 2022

And while you can insure luggage at any time until departure-even covering bags that are checked at the gate in the last moments-you can’t decide to make the investment in the middle of a connection that already appears to be going haywire.Ship your luggage or rent locally ... - Invest in airport greeters.

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Billionaire’s takeover move wins over Mediclinic board

The Times/The Sunday Times 05 Aug 2022

Johann Rupert’s Remgro investment vehicle already owns 45 per cent of Mediclinic and is working in partnership with the Mediterranean Shipping Company to take ...

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Carrier NAe S�o Paulo Finds Controversy on the Way to the Scrapyard

The Maritime Executive 05 Aug 2022

According to the NGO Aliaga Environment Platform, the 60-year-old ship has a substantial quantity of asbestos on board, possibly as much as 600 tonnes. Turkey's Association of Asbestos Dismantling Experts (ASUD) notes that sister ship Clemenceau was found to contain more than 700 tonnes of asbestos when she was sent for scrapping in India.

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Dock workers to strike at UK’s biggest container ship port

Business Day 05 Aug 2022

Almost 2,000 dock workers at Felixstowe, Britain’s biggest container ship port, will strike for eight days later this month after failing to reach a deal on pay ... Almost 2,000 ships call at Felixstowe annually, with the port handling the equivalent of over 4-million containers a year, according to its website.

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Why landlocked Dallas is emerging as an epicenter for marina buyouts

Finger Lakes Times 05 Aug 2022

Real estate investment trust Sun Communities bought Safe Harbor in February ... Sun invests heavily in manufactured homes and RV parks, which have a lot in common with marinas ... At a newly purchased marina in the Florida Keys, for example, Suntex plans to invest in more dry storage, a new dock office, a ship’s store and a boat rental service.

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Remgro and Mediclinic agree on buyout terms

Moneyweb 05 Aug 2022

Wayne McCurrie of FNB Wealth and Investments doesn’t think there's any intention to shake up Mediclinic, and is confident Remgro and MSC Shipping will take over the private hospital group ... .

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China's Taiwan aggression triggers fears of wider security crisis in Asia

The Telegraph India 05 Aug 2022

There are also plans to develop and deploy new generations of anti-aircraft and anti-shipping missiles in the islands of Okinawa, just a couple of hundred kilometers from Taiwan. The Japanese military is also investing heavily in the development of next-generation drones, which have proved their value on the battlefield in Ukraine.