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Visit One News Page for Marine news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Marine news headlines.

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    There are concerns for marine life in Dún Laoghaire after tens of thousands of tiny plastic rods went into the sea there. Reported by RTE.ie 15 hours ago.

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  • 11/05/18--11:44: Ship traffic, November 6
  • Ship traffic Due to arrive today SHIP FROM PORT Bai Chay Bridge Long Beach OAK Balao Seattle OAK CSCL Autumn Los Angeles OAK Ever Lucent Taipei OAK Honourable Henry Jackman Port McNeill, B.C. SFO MSC Sasha Seattle OAK YM Uberty Los Angeles OAK Due to depart today SHIP TO PORT CMA CGM Orfeo Hong Kong OAK Fremantle Highway Irago, Japan BNC Kauai Honolulu OAK NYK Agnus Busan, South Korea SFO NYK Demeter Tokyo SFO Rotterdam Express Seattle SFO Source: S.F. Marine Exchange Reported by SFGate 15 hours ago.

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    LINCOLN, Mass., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Mass Innovation Nights (MIN), Massachusetts’ leading new product showcase, is holding its next event in partnership with R.W. Holmes, a leading Greater Boston commercial real estate firm. The event will be at Lincoln North, a property handled by R.W. Holmes. Mass Innovation Nights #116 will take place on Tuesday, November 13, 2018, 6:00PM to 8:30PM, and will feature a variety of innovative new products. The event is free and open to the public.  “Innovation is so critical to the Greater Boston area,” said Dean Blackey, Managing Director at R.W. Holmes and one of the featured experts at the event. “By partnering with Mass Innovation Nights, we’re encouraging our community as well as showing how Lincoln North can be a home for local innovators.”    

    Lincoln North is a 128,500 square-foot property and Class A office building just 4 minutes off Rt. 128. The property has undergone a major upgrade, adding many modern amenities. These include a bike sharing program, fitness center, full-service cafeteria, shared conference rooms, rooftop balconies, a Zen room, dry cleaning pick up, and MBTA bus service walking distance from the building.

    “R.W. Holmes’ sponsorship enables us to continue to provide visibility for the startup community while showcasing this state-of-the-art facility and available office space,” said Bobbie Carlton, founder of Innovation Nights.

    Mass Innovation Nights events feature business experts, networking, tabletop demos and presentations from local entrepreneurs. Participating startups at this November event include: 

    · Bond and Des Voeux
    · ClearGov
    · Emotuit
    · Flux Marine
    · Kinima
    · NextWave Hire
    · ONEightyC Technologies
    · Quell Wearable Pain Relief Technology
    · Skippit

    Guests are encouraged to use #MIN116 to share social media commentary.  

    *About R.W. Holmes*
    Since 1976, R.W. Holmes Realty has assisted companies and real estate investors with their local, national, and international real estate needs. The company is a full service commercial real estate firm providing clients with services such as: tenant representation, property leasing, investment sales, advisory services, and property management. R.W. Holmes is the top independent commercial real estate company in Massachusetts, completing over 2 million square feet of deals in 2017 for clients ranging from startups in their first office space to Fortune 500 companies expanding nationally. For more information, go to https://rwholmes.com/.

    *About Mass Innovation Nights* 
    Mass Innovation Nights offers an opportunity for people interested in innovative new products to connect live and online. Over the past nine years, it has helped launch more than 1,200 new products, which have collectively received more than $2.1 billion in funding. Follow MIN on Instagram, Twitter or visit the website.

    Media Contact: Kristen Avini 510-221-8122 Innovation Nights Reported by GlobeNewswire 13 hours ago.

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    HOUSTON, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island" or the “Company”) (NASDAQ: GIFI), announced today that Mr. Robert Averick has been appointed to its Board of Directors (the “Board”), effective November 3, 2018, under the terms of a cooperation agreement by and among the Company, Piton Capital Partners LLC (“Piton”) and Kokino LLC, and following several months of discussion.Mr. Averick has over 15 years of experience as a small-capitalization, value-driven public equity portfolio manager. He is a Portfolio Manager of Kokino LLC, a private investment firm that provides investment management services to Piton. His previous work experience includes positions of increasing responsibility within structured finance, strategic planning and consulting.  Since January 2016, Mr. Averick has served as a member of the Board of Directors of Amtech Systems, Inc.  He previously served on the Board of Directors of Key Technology, Inc., from June 2016 until the company’s sale in March 2018.  He received an undergraduate degree in Economics from The University of Virginia and a Master’s in Business Administration in Finance from The University of Pennsylvania, The Wharton School of Business. Piton currently owns in excess of 9% of the outstanding shares of the Company.
        
    “We are pleased to have reached this cooperation agreement with Piton and appreciate the constructive dialogue we have had with them,” said Jack Laborde, Chairman of the Board. “I am also pleased to welcome Robert to the Gulf Island Board. His background and industry experience will complement our Board and he will be a tremendous asset as we continue to position Gulf Island for future growth. In addition, we are looking forward to continuing a constructive dialogue with Piton.”

    Gulf Island is a leading fabricator of complex steel structures, modules and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy and shipping and marine transportation operations. The Company also provides project management for EPC projects along with installation, hookup, commissioning and repair and maintenance services. In addition, the Company performs civil, drainage and other work for state and local governments. The Company operates and manages its business through four operating divisions: Fabrication, Shipyard, Services and EPC, with its corporate headquarters located in Houston, Texas and fabrication facilities located in Houma, Jennings and Lake Charles, Louisiana.  Visit us at our website www.gulfisland.com.

    *Cautionary Statement:*

    This press release contains forward-looking statements. Forward-looking statements are all statements other than statements of historical facts, such as projections or expectations relating to such topics as oil and gas prices, operating cash flows, capital expenditures, liquidity and tax rates. The words “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as forward-looking statements.

    We caution readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that can cause our actual results to differ materially from those anticipated in the forward-looking statements include the cyclical nature of the oil and gas industry, changes in backlog estimates, suspension or termination of projects, timing and award of new contracts, financial ability and credit worthiness of our customers and consolidation of our customers, competitive pricing and cost overruns, entry into new lines of business, ability to raise additional capital, ability to sell certain assets, advancement on the SeaOne Project, ability to resolve dispute with a customer relating to a purported termination of contracts to build MPSVs, ability to remain in compliance with our covenants contained in our credit agreement, ability to employ skilled workers, operating dangers and limits on insurance coverage, weather conditions, competition, customer disputes, adjustments to previously reported profits under the percentage-of-completion method, loss of key personnel, compliance with regulatory and environmental laws, ability to utilize navigation canals, performance of subcontractors, systems and information technology interruption or failure and data security breaches and other factors described in more detail in “Risk Factors” in Item 1A of our annual report on Form 10-K for the year ended December 31, 2017, as updated by our subsequent filings with the U.S. Securities and Exchange Commission.

    Investors are cautioned that many of the assumptions upon which our forward-looking statements are based are likely to change after the forward-looking statements are made, which we cannot control. Further, we may make changes to our business plans that could affect our results. We caution investors that we do not intend to update forward-looking statements more frequently than quarterly notwithstanding any changes in our assumptions, changes in business plans, actual experience or other changes, and we undertake no obligation to update any forward-looking statements.

    For further information contact:
       
    Kirk J. Meche Westley S. Stockton
    Chief Executive Officer Chief Financial Officer
    713.714.6100 713.714.6100 Reported by GlobeNewswire 13 hours ago.

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    HOUSTON, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island or the “Company”) (NASDAQ: GIFI), announced today that its Board of Directors unanimously approved an amendment and restatement of its by-laws that, among other things, provides a majority voting standard in uncontested elections.  These changes follow the Board’s ongoing review of evolving corporate governance practices and investor preferences, as a result of discussions with many of its shareholders.The majority voting standard requires directors to be elected by the affirmative vote of a majority of the votes cast. Any incumbent director who does not receive at least a majority of the votes cast will be required to tender his or her resignation. The majority voting standard for director elections will be effective for the 2019 annual meeting of shareholders, unless the election of directors is contested at the meeting.

    The Board also unanimously approved a policy promoting diversity within the Board.  The policy requires the Board's Nominating and Governance Committee interview at least one candidate who would increase the gender, racial and/or ethnic diversity of the Board when filling any vacancy on the Board, including an increase in the size of the Board.

    In addition to these changes, as previously announced the Board has appointed two new independent directors, including a female director after a successful director candidate search, and committed to reduce the size of the Board to eight members by the 2020 annual meeting of shareholders.  This commitment to reduce the size of the Board is anticipated to decrease the average tenure of the Board notably.

    John P. Laborde, Chairman of the Board of Directors of Gulf Island, stated, “In response to feedback from our shareholders and our commitment to strong governance, we are taking steps to improve our practices.  We appreciate the input we have received and will continue this engagement regarding Board composition and corporate governance.  We are pleased to take this action that demonstrates our commitment to acting in the best interest of our shareholders.”

    The Company has also filed its amended and restated by-laws on Form 8-K with the U.S. Securities and Exchange Commission.

    Gulf Island is a leading fabricator of complex steel structures, modules and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy and shipping and marine transportation operations. The Company also provides related project management for EPC projects along with installation, hookup, commissioning and repair and maintenance services. In addition, the Company performs civil, drainage and other work for state and local governments. The Company operates and manages its business through four operating divisions: Fabrication, Shipyard, Services and EPC, with its corporate headquarters located in Houston, Texas, and fabrication facilities located in Houma, Jennings and Lake Charles, Louisiana. Visit us at our website www.gulfisland.com.

    *Cautionary Statement:
    *This press release contains forward-looking statements. Forward-looking statements are all statements other than statements of historical facts, such as projections or expectations relating to oil and gas prices, operating cash flows, capital expenditures, liquidity and tax rates. The words “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as forward-looking statements.

    We caution readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that can cause our actual results to differ materially from those anticipated in the forward-looking statements include the cyclical nature of the oil and gas industry, changes in backlog estimates, suspension or termination of projects, timing and award of new contracts, financial ability and credit worthiness of our customers, consolidation of our customers, competitive pricing and cost overruns, entry into new lines of business, ability to raise additional capital, ability to sell certain assets, advancement on the SeaOne Project, ability to resolve the dispute with a customer relating to the purported termination of contracts to build two MPSVs, ability to remain in compliance with our covenants contained in our Credit Agreement, ability to employ skilled workers, operating dangers and limits on insurance coverage, weather conditions, competition, customer disputes, adjustments to previously reported profits or loss under the percentage-of-completion method, loss of key personnel, compliance with regulatory and environmental laws, ability to utilize navigation canals, performance of sub-contractors, systems and information technology interruption or failure and data security breaches and other factors described in Item 1A. “Risk Factors” included in our 2017 Annual Report as may be updated by subsequent filings with the SEC.

    Investors are cautioned that many of the assumptions upon which our forward-looking statements are based are likely to change after the forward-looking statements are made, which we cannot control. Further, we may make changes to our business plans that could affect our results. We caution investors that we do not intend to update forward-looking statements more frequently than quarterly notwithstanding any changes in our assumptions, changes in business plans, actual experience or other changes, and we undertake no obligation to update any forward-looking statements.

    For further information contact:

    Kirk J. Meche                                                                                           Westley S. Stockton
    Chief Executive Officer                                                                             Chief Financial Officer
    713.714.6100                                                                                           713.714.6100 Reported by GlobeNewswire 12 hours ago.

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    US And South Korea Resume Military Drills Watch VideoThe U.S. and South Korea are resuming joint military exercises Monday for the first time since they were suspended earlier this year.

    The Korean Marine Exchange Program is a regularly scheduled combat exercise between U.S. and South Korean marines. About 500 troops from both countries will take part in the two-week exercise, Yonhap News Agency reports.

    Joint drills were indefinitely canceled in June as a gesture of good faith to North Korea as denuclearization talks were underway. The news that they're restarting comes a few days after North Korea warned it might resume nuclear weapons development if the U.S. doesn't lift economic sanctions. The U.S. has long said the annual drills are for defense purposes. 

    In an interview with "Face the Nation" on Sunday, Secretary of State Mike Pompeo said he will meet with one of Kim Jong-un's advisers sometime this week for another round of talks. He said sanctions won't be lifted until the U.S. can verify that North Korea has completely denuclearized. Reported by Newsy 11 hours ago.

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    A marine biologist, Dr. Gates was on a mission to save the reefs from the deadening effects of warming water temperatures. Reported by NYTimes.com 10 hours ago.

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    Holidays with the mermaids who protect our environment Professor Michael Lueck and Dr Brooke Porter say mermaids (and mermen) are real and they work hard to entertain us and preserve our marine environment. The release this month of a live-action version of The Little Mermaid will... Reported by New Zealand Herald 9 hours ago.

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    Two U.S. senators on Monday called on the Department of Defense and one of its largest landlords to fix housing hazards documented by Reuters at military bases nationwide, including a Marine compound in southern California. Reported by Reuters 9 hours ago.

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    TAIPEI, Taiwan, Nov. 6, 2018 /PRNewswire/ -- DFI, a professional manufacturer of industrial computers, is launching a series of ruggedized products with advanced reliability and stability from industrial motherboards, system-on-modules, and embedded systems to IP65 panel PC to fulfill the high-level requirements in extremely harsh environments.

    *Wide Temperature: Up to -40 **to 85 Degrees Celsius** Durability*

    To ensure that the equipment can operate consistently under extreme temperature environments, DFI's fanless design products are used with industrial grade components to guarantee up to -40 to 85 degrees Celsius* *support. The equipment can withstand rapidly changing temperature conditions and perform reliably in rigorous environments.
    *Wide-Temperature Support*

    *Industrial Motherboards*

    ALF51, KU551

    *System-on-modules*

    AL968

    *Embedded systems*

    EC90A-AL

    *Panel PCs*

    KS070-AL

    Note: wide-temperature support will vary between models. For more information please visit DFI's webpage.

    *
    Wide Voltage Reliability: Up to 9 to 36V DC Input*

    In some critical environments, such as factories and defense fields, voltage reliability is crucial for equipment's 24/7 operation. DFI provides a product series with 9 to 36V DC wide-voltage support to allow the equipment to be free from short circuit, over-voltage, and system failure situations.
    *Wide-Voltage Support*

    *Industrial Motherboards*

    AL053, AL173

    *System-on-modules*

    AL9A2

    *Embedded systems*

    EC800-AL

    *Panel PCs*

    KS-AL series

    Note: wide-voltage reliability will vary between models. For more information please visit DFI's webpage.       

    *
    IP65 Rating: Dust / Water Protection*

    For dust/water-proof demands, DFI's panel PC product line has an option with IP65 rated enclosure and touchscreen and defense from particles, liquids, or other harmful substances in outdoor applications like marine and factory automation. It comes with IP65 features that can stop components from being damaged and extend the life of the products.  

    *IP65 Rating*



    *Panel PCs                                                                                           *

    KS156-AL                                             

    *
    Vibration / Shock Resistance*

    DFI' s embedded system and panel PC passed the anti-vibration/shock test in compliance with IEC60068 and MIL-STD-810G validation that simulate actual transportation conditions to ensure that the equipment is stable during frequent vibrations in transportation.
    *Vibration / Shock Resistance*

    *Embedded systems                                                                          *

    VC70B-KU                                          

    *Panel PCs*

    VP101-BT

    *
    Parylene / Conformal Coating*

    DFI offers customized parylene/conformal coating services in a full selection of products, preventing the equipment from corroding or short circuiting due to moisture, and strengthening the reliability. With these coating solutions, DFI's products can be effectively used in defense and marine industries.

    Learn more about DFI's ruggedized products: www.dfi.com/pressroom/landingpage/361 Reported by PR Newswire Asia 8 hours ago.

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    The Bob & Renee Parsons Foundation is once again challenging all Americans to support the Semper Fi Fund in its mission to provide urgently needed resources for combat wounded, critically ill and catastrophically injured members of all branches of the U.S. Armed Forces and their families. Through Dec. 31, 2018, The Bob & Renee Parsons Foundation will match all donations to Semper Fi Fund – up to a total of $10 million – through the Double Down for Veterans campaign.

    CAMP PENDLETON, Calif. (PRWEB) November 05, 2018

    The Bob & Renee Parsons Foundation is once again challenging all Americans to support the Semper Fi Fund in its mission to provide urgently needed resources for combat wounded, critically ill and catastrophically injured members of all branches of the U.S. Armed Forces and their families. Through Dec. 31, 2018, The Bob & Renee Parsons Foundation will match all donations to Semper Fi Fund – up to a total of $10 million – through the Double Down for Veterans campaign.

    “The successful transition for injured veterans back into civilian life is significantly enhanced by a supportive and loving family,” said businessman and Marine Corps Vietnam War veteran Bob Parsons. “The comprehensive programs provided by the Semper Fi Fund acknowledge this by providing much needed help not only for the injured veterans but also for their spouses, caregivers and kids.”

    Parsons, a U.S. Marine Corps Vietnam veteran, issued the challenge via a video address during his annual Marine Corps birthday tribute. In addition to supporting the Semper Fi Fund’s work with wounded veterans and their families, donations from The Bob & Renee Parsons Foundation have been critical to the development of a new pilot program for Vietnam Veterans - the LCpl Parsons Welcome Home Fund. Launched in July 2018, the program has expanded Semper Fi Fund’s mission to include care for catastrophically combat-injured veterans who served in Vietnam.

    “Service men and women and their families make incredible sacrifices for our country every day, and they deserve our gratitude and unwavering support. It is why support for veterans is one of our Foundation’s areas of focus,” said businesswoman Renee Parsons. “The Double Down for Veterans matching challenge offers donors the chance to multiply their donation’s impact.”

    Recognized by CharityWatch and Charity Navigator as one of the nation’s highest rated charities, Semper Fi Fund provides immediate financial assistance and lifetime support for veterans during their time of recovery and transition back into civilian life. Since 2004, the Semper Fi Fund has provided more than $185 million in assistance to service members, with an unprecedented 24-to-72-hour turnaround for funds to be issued after a grant is approved.

    “We are deeply grateful to Bob and Renee Parsons for their extraordinary partnership and support of our work,” said Semper Fi Fund President, CEO and Founder Karen Guenther. “It is because of our incredible donors that we are able to expand our mission and provide urgently needed resources to members of the U.S. Armed Forces and their families.”

    This year’s challenge marks the seventh consecutive year that The Bob & Renee Parsons Foundation has issued a matching grant to Semper Fi Fund, and if the full $10 million match is met, it will bring the Foundation’s cumulative giving to more than $51 million since 2012. GoDaddy will once again jump start the campaign with a $50,000 donation.

    “We are honored to be a part of the Double Down for Veterans campaign,” said GoDaddy CEO Scott Wagner. “GoDaddy supports military veterans through programs such as Double Down, as well as hiring, development and retention programs to employ veterans throughout our organization.”

    Donations to the Double Down for Veterans matching challenge can be made online at semperfifund.org/match. Follow @SemperFiFund via social media to keep up-to-date on the progress of the campaign and learn more about those benefitting from the work of the organization.

    About the Semper Fi Fund
    The Semper Fi Fund provides urgently needed resources and lifetime support for combat wounded, critically ill and catastrophically injured members of the U.S. Armed Forces and their families. Case Managers from the Semper Fi Fund work one-on-one with service members and veterans to understand and support their individual needs right now and throughout their lifetimes. The Semper Fi Fund keeps its overhead extremely low in order to have the greatest impact on the lives of service members and veterans and has been awarded the highest ratings from watchdog groups: A+ from CharityWatch (one of only two veteran nonprofits to receive this rating last year), eight consecutive 4-star ratings from Charity Navigator (an achievement attained by only 3% of rated charities) and the Platinum Seal of Transparency from GuideStar. Learn more at semperfifund.org.

    About the Bob & Renee Parsons Foundation
    The Bob & Renee Parsons Foundation offers support to nonprofit organizations successfully working to empower, educate, nurture and nourish people during what is often the darkest time of their lives. Founded in 2012 by philanthropists and business leaders Bob and Renee Parsons to provide hope and life-changing assistance to the country’s most vulnerable populations, The Bob & Renee Parsons Foundation offers critical funding at critical times to those in need. The Foundation’s giving is driven by the core belief that all people – regardless of race, religion, roots, economic status, sexual orientation or gender identity – deserve access to quality healthcare, education and a safe place to call home. Follow @WeDealInHope on social media or visit TBRPF.org to learn more about partner organizations and the important work being done in the community.

    Media Contact: Amanda Kelly | Amanda.Kelly(at)SemperFiFund.org | 757-600-8264 Reported by PRWeb 8 hours ago.

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    Scientists Say Sperm Whale Sightings In The Arctic Reveal Major Changes In The Ecosystem Scientists working in the Canadian Arctic made the rare sighting of sperm whales earlier this fall which they said was a significant sign of the quickly changing ecosystem as a number of species expand their natural ranges into the Arctic, according to The Guardian. In September, marine biologist Brandon Laforest with the World Wildlife Fund and guide Titus Allooloo were working on a project to monitor marine traffic on the region's narwhal population when they made the rare sighting of the whales near Pond Inlet, just north of Baffin Island. Video of the incident was released last month and is the second known sighting of sperm whales in the region after hunters spotted several others in... Reported by WorldNews 7 hours ago.

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    Inside the hi-tech command centre that keeps the Humber moving We go behind the scenes at ABP's £5.2 million Humber Marine Control Centre Reported by Grimsby Telegraph 4 hours ago.

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    Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the "Company") announces that it has entered into lease financing agreements (each, a "Lease Financing") totaling $400 million with an Asian-based institution to finance four 14,000 TEU container vessels acquired in May 2018. The vessels are employed under long term time charters to Evergreen Marine Corporation (Taiwan) Ltd. ("Evergreen") until 2024, with options to extend the charters by 18 additional months.

    Each Lease Financing has a term of nearly nine years, with an option to purchase the vessel back after six years, around expiry of the firm period of the charters to Evergreen. A portion of the proceeds from the Lease Financings will be used to refinance the $320 million unsecured loan facility arranged at the vessels' delivery in May. Lease Financings for three of the vessels have already been finalized, and the last vessel is expected to close within the next two weeks.

    The interest rate of the Lease Financings are very attractive, and the transactions free up $80 million of investment capacity, which is expected to be deployed in new investments.

    Ole B. Hjertaker, CEO of Ship Finance Management AS, said in a comment: "These financing transactions demonstrate our continued ability to attract highly competitive capital. Ship Finance's strong profile in the maritime financing market provides us access to a broad range of attractive financing solutions. This in turn allows us to create long term value for our shareholders and support our dividend distribution capacity."

    November 6, 2018

    The Board of Directors
    Ship Finance International Limited
    Hamilton, Bermuda

    Questions can be directed to Ship Finance Management AS:

    *Investor and Analyst Contacts:*
    Harald Gurvin, Chief Financial Officer, Ship Finance Management AS
    +47 23 11 40 09
    André Reppen, Senior Vice President, Ship Finance Management AS
    +47 23 11 40 55
    *
    Media Contact:*
    Ole B. Hjertaker, Chief Executive Officer, Ship Finance Management AS
    +47 23 11 40 11

    *About Ship Finance*

    Ship Finance International Limited (NYSE: SFL) has a unique track record in the maritime industry, being consistently profitable and paying dividends every quarter since 2004. The Company's fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore assets, and Ship Finance's long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time. More information can be found on the Company's website: www.shipfinance.bm

    *Cautionary Statement Regarding Forward Looking Statements*

    This press release may contain forward looking statements. These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including Ship Finance management's examination of historical operating trends. Although Ship Finance believes that these assumptions were reasonable when made, because assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond its control, Ship Finance cannot give assurance that it will achieve or accomplish these expectations, beliefs or intentions. Important factors that, in the Company's view, could cause actual results to differ materially from those discussed in this presentation include the strength of world economies and currencies, general market conditions including fluctuations in charter hire rates and vessel values, changes in demand in the tanker market as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in the Company's operating expenses including bunker prices, dry-docking and insurance costs, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, and other important factors described from time to time in the reports filed by the Company with the United States Securities and Exchange Commission. Reported by GlobeNewswire 3 hours ago.

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    CARGOTEC CORPORATION, PRESS RELEASE, 6 NOVEMBER 2018 AT 9:30 AM EET

    Hiab, part of Cargotec, has completed the acquisition of Effer S.p.A. from CTE Group. Signing of the transaction was announced on 31 July 2018. For Hiab as the global leader in on-road load handling solutions, this acquisition means a significant advancement in its ambition to be leader in cranes and preferred partner for its customers. 

    Effer, headquartered in Minerbio, Italy, and with approximately 400 employees, is a renowned premium knuckle-boom crane manufacturer. Effer's product range includes truck loader cranes, special application truck cranes, and marine cranes, with particular recognition for heavy cranes >100 tm capacity. Distribution is managed through a network of more than 100 dealers covering around 60 countries globally. 

    The addition of Effer will mean a further strengthening of Hiab's development and innovation competence, an enhanced total cranes portfolio, increased coverage from widely complementary sales and distribution networks, and leverage Hiab's service competence. These combined assets shall translate to continued brand and business growth and further improved experience for both brand's customers.

    Effer will continue to operate under its recognised brand and identity, and through its established dealer and distribution partner network. Effer will be part of Hiab's global cranes organisation, with *Lorenzo Cipriani* continuing as Managing Director Effer, reporting to *Joakim Andersson*, Senior Vice President Cranes, Hiab. 

    "I am incredibly proud today to welcome Effer and its employees as part of the Hiab family. Bringing our two proud histories, strong brands and unique competence together will make Hiab and Effer stronger and able to even better serve our customers", says Joakim Andersson. *Scott Phillips*, new president of Hiab, adds "It is in both of our companies' DNA to innovate and now to truly lead this industry. I have no doubt, that combining our strengths will soon create tangible value to customers, partners, our people and combined business."

    "With Effer becoming part of Hiab, two organizations with strong cultures and committed employees come together. We will make sure to nurture our unique strengths, the combined talent and unlock our growth potential," adds Joakim Andersson. "We are really proud to be part of Hiab. This represents a great opportunity for Effer to bring our passion, professionalism, and our solutions to truly global scale and success," concludes Lorenzo Cipriani, Managing Director Effer. 

    The financial result of Effer S.p.A. will be consolidated in Hiab business area financials as part of Cargotec from November 2018.

    *Further information:*
    Joakim Andersson, Senior Vice President, Cranes, Hiab; 
    joakim.andersson@hiab.com, tel. +46 706 126 124

    Lorenzo Cipriani, Managing Director Effer;
    l.cipriani@effer.it , tel. +39 051 41 81 211 

    Nikolaus Scheurer, Vice President, Marketing & Communications, Hiab;
    nikolaus.scheurer@hiab.com, tel. +46 706 005 237

    Luca Piovan, Marketing and Communications Manager, Effer;
    l.piovan@effer.it, tel. +39 051 41 81 211

    *For investors:*
    Hanna-Maria Heikkinen, Vice President, Investor Relations, Cargotec; 
    hanna-maria.heikkinen@cargotec.com, tel. +358 408 262 172

    *About Hiab *
    Hiab is the world's leading provider of on-road load handling equipment, intelligent services, smart and connected solutions. Hiab's more than 4,000 employees worldwide work passionately for Hiab to be the number one partner and preferred load handling solution provider to its customers. As the industry pioneer and with a proud 75 year history, Hiab is committed to inspire and shape the future of intelligent load handling. 

    Hiab's class-leading load handling equipment includes HIAB, EFFER and ARGOS loader cranes, LOGLIFT and JONSERED forestry and recycling cranes, MOFFETT and PRINCETON truck mounted forklifts, MULTILIFT skiploaders and hooklifts, and tail lifts under the ZEPRO, DEL, and WALTCO brands. Hiab ProCare(TM) service, the award-winning HiVision(TM) crane operating system, or the HiConnect(TM) platform demonstrate Hiab's constant drive to provide intelligent services and smart solutions that add value to its customers. www.hiab.com 

    Hiab is part of Cargotec Corporation. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2017 totalled approximately EUR 3.2 billion, and it employs over 11,000 people. www.cargotec.com 

    *About Effer *
    Effer is a globally renowned manufacturer of truck-mounted loader and marine cranes, with lifting capacities from 3 to 300 tm. For over 50 years, Effer's mission has been to create high-quality products that provide outstanding performance for demanding tasks that give maximum value to lifting experts around the world. Headquartered in Minerbio (BO), Italy, Effer relies on the passion and expertise of its approx. 400 employees. All of Effer's cranes are designed, developed, manufactured and tested at its own facilities in Italy, and made available all over the world through its partners network. Learn more www.effer.com 
    Effer is part of Hiab, the world's leading provider of on-road load handling equipment, intelligent services, smart and connected solutions. As the industry pioneer and with a proud 75 year history, Hiab is committed to be the preferred partner and solution provider to its customers and shape the future of intelligent load handling. www.hiab.com Hiab is part of Cargotec Corporation. www.cargotec.com 

    *Attachments*

    · Hiab+Effer_Stronger Together_Signature.jpg
    · Hiab_Signature Image.jpg
    · Hiab_Signature Image.jpg
    · Hiab+Effer_Closing_Nov2018.png Reported by GlobeNewswire 3 hours ago.

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    CARGOTEC PRESS RELEASE, 6 NOVEMBER 2018 AT 10 AM EET

    MacGregor, a part of Cargotec, has yesterday received a clearance decision from the German Federal Cartel Office (Bundeskartellamt) for the company's acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 February, 2018.  

    The completion of the intended transaction is still subject to regulatory approvals in China and South Korea. MacGregor expects to receive these approvals by the end of 2018 and to complete the transaction, according to the agreement, as soon as possible thereafter.  *For further information, please contact:*
    Pasi Lehtonen, Senior Vice President, Marketing, Business Development and Strategy, MacGregor
    tel. +65 91737550, pasi.lehtonen@macgregor.com
    Robin Thuillier, Communications Director, MacGregor,
    tel. +65 9730 4301, robin.thuillier@macgregor.com

    MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.

    MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com 

    MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2017 totalled approximately EUR 3.2 billion and it employs over 11,000 people. www.cargotec.com Reported by GlobeNewswire 2 hours ago.

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    NEW YORK--(BUSINESS WIRE)--Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) announced today that the Company and certain of its subsidiaries (the “debtors”) filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the Southern District of New York. The debtors enter this process with the support of Mercuria Energy Group Limited (“Mercuria”), a key strategic partner and one of the world’s largest independent energy and Reported by Business Wire 1 hour ago.

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    Childs Law Firm, PC spearheads holiday toy donation drive for Toys for Tots.

    HOUSTON (PRWEB) November 06, 2018

    The Childs Law Firm, PC is hosting a holiday toy donation drive for Toys for Tots as part of the NALA’s collective cause marketing program, which encourages business across the country to collect at the same time. New, unwrapped toys can be dropped off at 3003 South Loop West, Suite 520, Houston, TX, from November 1 to December 7.

    “I am honored to do my part for Toys for Tots. We want to show children in need they are not forgotten at Christmas, or at any time,” said KiEtha “Kay” Hamilton, an associate of the Childs Law Firm. “I encourage anyone to participate by simply donating a toy for this worthy cause.”

    Toys for Tots, whose mission is to collect new, unwrapped toys each holiday season and distribute them as Christmas gifts to children in need, is a program run by the United States Marine Corps Reserve, which distributes toys to children who may not otherwise receive a gift for Christmas.

    Toys for Tots plays an active role in developing one of our nation’s most valuable resources, its children. It also unites members of local communities in a common cause each year during its annual toy collection and distribution campaign. Toys for Tots was founded in 1947, and since its inception the Marines have distributed over 530,000,000 toys to more than 244,000,000 children across the United States.

    The Childs Law Firm has been serving the Houston metro area for over 20 years. It is dedicated to legal guidance in the areas of family law, injury claims and employment law. Hamilton has three years of experience as an attorney and nearly a decade of experience in the legal sector.

    About Childs Law Firm, PC
    The Childs Law Firm focuses on divorce, child custody, child support, adoption, guardianship, estate planning, and more. For more information, please call 281-756-7116, or visit http://www.childslawfirm.com.

    For media inquiries, please call the NALA at 805.650.6121, ext. 361. Reported by PRWeb 56 minutes ago.

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    U.S. industrial solvents market may witness growth at 2.5% over the forecast period led by growing consumer spending towards skincare products as they enhance functionality, texture and sensorial attributes in skin.

    Sellbyville, Delaware, Nov. 06, 2018 (GLOBE NEWSWIRE) --Industrial Solvents Market is estimated to reach USD 35 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing consumer demand towards cosmetic products and its formulations for various types of skincare product range may propel industrial solvents market growth. Increasing application usage in the cosmetics & personal care sector owing to enhancement of dry or damaged skin by reducing flaking and restoring suppleness should drive the industrial solvents market size.

    Solvents are the substance when dissolved with a solute form a solution. Furthermore, the rise in the oil market, rapid industrialization, increasing population & urbanization, and high growth in major end-use industries including dry cleaning, nail enamels, paint thinners, paint & coatings and pharmaceutical are the major factors driving the industrial solvents market demand.

    *Request for a sample of this research report @ *https://www.gminsights.com/request-sample/detail/2706

    Alcohol industrial solvents market size may surpass consumption at over 8.5 million tons by 2024. They evaporate quickly and when applied in antiseptic drug product they avert the growth of microorganisms. Oxygenated industrial solvents from cosmetic & fragrance application is posed to grow at 2.5% at the end of projected timeframe due to its solvency with other substance, the ability to decrease viscosity of liquids and diminish the propensity of finished products to produce foam when shaken, will foster the industrial solvents market growth.

    Chlorinated based industrial solvents market share may exceed USD 335 million at the end of 2024. These are widely used for a variety of industrial purpose which include degreasing, cleaning solutions, paint thinners and agricultural chemicals. The chlorine chemical structure aids them to dissolve organic materials like greases and fats and are used as raw materials in the production of other compounds, thus stimulating industrial solvents market demand.

    Lactate ester based green & bio solvents was valued at over USD 345 million in 2017. Lactate ester is a natural and organic acid which is biodegradable and is easy to recycle. As industrial solvents, it is formulated in products like coatings which enhances the performance owing to its high boiling point, high solvency rate and low surface tension properties. It is used in formulation of coatings for polystyrene surfaces owing its ability to scratch certain types of plastic substrates which improves adhesion, thereby driving the industrial solvents market size.

    Browse key industry insights spread across 900 pages with 1269 market data tables and 51 figures & charts from the report*, “Industrial Solvents Market Size By Product (Oxygenated Solvents [By Product {Alcohols, Ketones, Glycols}], [By Application {Paints & Coatings, Printing Inks, Agrochemicals, Cosmetics & Fragrances, Pharmaceuticals}], Halogenated Solvents [By Product {Chlorinated}], [By Application {Paints & Coatings, Printing Inks, Cosmetics & Fragrances, Cleaning Products}], Hydrocarbon Solvents [By Product {Aliphatic, Aromatic}], [By Application {Paints & Coatings, Cleaning Products, Rubber & Polymers, Adhesives, Printing Inks}], Green Solvents [By Product {Bio-Alcohols, Bio-Diols, Bio-Glycols, Methyl Soyate, D-Limonene, Lactate Esters}], By Application [Paints & Coatings, Pharmaceutical, Printing Inks, Household Care, Adhesives, Polymers, Industrial Cleaners, Extraction Food Products, Agrochemicals]), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Thailand, Indonesia, Malaysia, Brazil, Argentina, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024”* in detail along with the table of contents:

    https://www.gminsights.com/industry-analysis/industrial-solvents-market

    U.S. industrial solvents market may witness growth at about 2.5% over the forecast period. Growing consumer spending towards skincare products as they enhance functionality, texture and sensorial attributes in skin which will stimulate the regional product demand. Superior moisturizing properties of the product aids to keep the skin hydrated and makes it an additive for restorative creams, thus propelling product demand.

    Germany industrial solvents market share is anticipated to exceed USD 5 billion by the end of forecast timeframe. Increasing adhesives demand in automotive application as they are used to reduce overheating and friction in engines which is likely to drive the regional growth. They are easy to spread and have no corrosive qualities which can be used on any material without a chemical reaction, thereby increasing product demand in automotive application.

    Brazil green solvents market size is anticipated to exceed USD 300 million by 2024. The replacement of bio ethanol for gasoline in cars and light weight vehicles may stimulate the industrial solvents market revenue. Technological advancement, which includes more efficient production and processing of sugarcane are the key driving factors for the availability of these products at low price. Moreover, the combustion of ethanol adds nearly no net carbon dioxide to the atmosphere which aids in reducing the threat of global warming, thus driving the industrial solvents demand.

    LyondellBasell, MARZUEN, INEOS, Sasol and LG chem are the key operators in industrial solvents market. Most of the researchers are focused on to develop innovative products to upsurge the market demand which in turn may boost the product market over the predictable timeframe

    *Make an Inquiry for purchasing this report @* https://www.gminsights.com/inquiry-before-buying/2706

    *
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    *About Global Market Insights*

    Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

    CONTACT: Contact Us:

    Arun Hegde
    Corporate Sales, USA
    Global Market Insights, Inc.
    Phone: 1-302-846-7766
    Toll Free: 1-888-689-0688
    Email: sales@gminsights.com
    Web: https://www.gminsights.com
    Blog: https://www.gminsights.com/blogs
    Infographics: https://www.gminsights.com/infographics Reported by GlobeNewswire 29 minutes ago.

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    Win Chain signs US$1.9 billion fresh food super deal at China International Import Expo SHANGHAI, Nov. 6, 2018 /PRNewswire/ -- On November 5th, the China International Import Expo (CIIE) was inaugurated with a grand opening. On the following day, at the "Alibaba Grand Import--Global Fresh Food Gathering" press conference, Win Chain struck a US$1.9 billion historic deal with the world's top fresh food suppliers--Danish Crown and JBS Group, achieving a remarkable kick-off for CIIE and demonstrating China's development philosophy of market liberalization.DANISH CROWN & Win Chain Strategy Cooperation Signing Ceremony

    The Brazilian JBS Group, as is known, is not only one of the world's largest meat processors, as the top producer of beef, pork and leather and the second largest producer of pork and mutton globally. According to the MOU signed by Win Chain and JBS, the former will make purchase totaling 1.5 billion U.S. dollars from the latter over the next 3 years, the largest beef import order ever between China and Brazil. The Danish Crown Group, a long-established pork and processing producer in Europe, ranks the second in the world and the first in Europe in terms of pork slaughter. The contract Win Chain signed with Danish Crown has a purchase amount adding up to 400 million U.S. dollars over 5 years. The 400-million-dollar brand packaging products are dedicated directly to the consumer-end, which is the first case of the Danish Crown in China.

    Win Chain is considered a bellwether in China's fresh food industry. As the grand import platform for Alibaba, Win Chain is dedicated to the fresh food industry. Driven by data, it has grown to function as a supply chain platform linking upstream and downstream resources to achieve seamless integration. Meanwhile, its offering of five services including aggregated sourcing,  processing, warehousing and distribution, supply chain finance and brand marketing aims to facilitate international suppliers entering China.

    For this partnership, Win Chain will provide JBS with comprehensive solutions suited to the Chinese market including channel sales, cold chain distribution, commodity brand co-establishment plans, and big data support, so that JBS's quality products can enter the Chinese market in the fastest fashion with a sound brand effect.

    The contract between Win Chain and the Danish Crown represents a further continuation of the previous strategic cooperation reached by the two sides. In the light of the MOU signed at the F20 (China's First Fresh 20 Summit) in May this year, Win Chain is to undertake the full capacity of Danish Crown's wholly-owned processing plant under construction in China. Apart from sales and marketing trade, the collaboration between the parties expands to the realms of processing, packaging, cold chain, branding and data, featuring close partnership. With this in-depth cooperation, Win Chain will help Danish Crown transform from a raw material supplier to a food processor and beyond, a fresh food brand.

    Since the launch of the "grand import" strategy in March this year, Alibaba has arrived at a number of cooperation agreements in succession with international fresh food suppliers with Win Chain as the global fresh food gathering platform. For instance, in July this year, Win Chain and the Thai government inked a durian MOU for the first time to expand the Thai durian market in China. In October, Win Chain teamed up with Cargill Animal Protein China in signing a strategic cooperation to be the partner of all products under Cargill Sun Valley brand in mainland China. In the same month, Win Chain became the important strategic partner of the Marine Harvest Shanghai processing plant and its offline salmon catering chain in China. Win Chain is expected to take on the role as the exclusive partner of Marine Harvest's online sales to fully support its branding and sales promotion in China.

    "Win Chain is connected to the global premium supplier resources at one end, and the best new retail channels in China at the other, such as Tmall, Fresh Hema, and RT-Mart. It will provide 'from farm to dining table' and one-stop solution covering all links of fresh food for relevant suppliers." Win Chain's co-founder Jin Guanglei noted that, in the future, more top suppliers in the world can be merged to China's new retail channels through Win Chain, so that more quality fresh products will be offered to Chinese consumers to satisfy the needs of "consumption upgrade".

    View original content to download multimedia:http://www.prnewswire.com/news-releases/win-chain-signs-us1-9-billion-fresh-food-super-deal-at-china-international-import-expo-300744681.html Reported by PR Newswire Asia 12 hours ago.

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