Search results for: Fortune

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  • 15 March 2019
    Business & Finance

    RINA, Fortune Technologies enter into a strategic alliance to provide digital maritime solutions.

  • 7 February 2014

    Graça Foster – one of the world’s most powerful women in business according to Fortune magazine

  • 9 July 2012

    Fortune Oil confirms that Fortune Max Holdings Limited has purchased 17.984.000 additional shares in China Gas Holdings Ltd since the announcement made on 1 June 2012. Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu. a director and substantial shareholder in Fortune Oil. Fortune Max is therefore deemed for the […]

  • 27 February 2012

    Fortune Oil confirmed that China Gas Group Limited, its Joint Venture with Mr. LIU Minghui, and Fortune Max Holdings Limited have together purchased 25,142,000 additional shares in China Gas Holdings Ltd since the announcement made on 17 February. Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu, a director and […]

  • 8 January 2018
    Business & Finance

    Fortune Oil has ordered two very large gas carriers from Jiangnan Shanghai Changxing Heavy Industries.

  • 16 April 2013

    Fortune Oil announced the following development regarding its shareholding in China Gas Holdings Ltd (CGH) which is held through China Gas Group Limited (CGG), a joint venture company between the Company and Mr Liu Minghui. As detailed in the Company’s announcement on 17 February 2012, CGG entered into an arrangement with a private company (Fortune Max) […]

  • 1 June 2012

    Fortune Oil said that Fortune Max Holdings has purchased 12,938,000 additional shares in China Gas Holdings. Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu, a director and substantial shareholder in Fortune Oil. Fortune Max is therefore deemed for the purposes of the Hong Kong Code on Takeovers and Mergers […]

  • 13 April 2011

      Fortune Oil announced that it had the honour to jointly host a summit with leading industry experts reviewing its Yangtze River ship trial using diesel-LNG dual fuel engine technology. The summit took place at the Great Hall of the People in Beijing, China with Fortune Oil and its partners The Yangtze Shipping Group and […]

  • 26 June 2018

    Law firm Norton Rose Fulbright said it has advised Fortune Lianjiang Shipping, an indirect subsidiary of shipping conglomerate CSSC, on the $1.2 billion financing and delivery of the world’s first converted floating liquefied natural gas (FLNG) production vessel Hilli Episeyo. Norton Rose Fulbright advised Fortune Lianjiang Shipping under a sale and leaseback agreement between Fortune […]

  • 18 October 2013

    Fortune Oil announced the signing of a USS300 million loan agreement by Fortune Oil PRC Holdings Limited, the company’s principal intermediate holding company in Hong Kong. The facility is denominated in USS with a term of three years and a margin of 2.75% over LIBOR. The facility is guaranteed by Fortune Oil and secured by […]

  • 10 February 2011
    Project & Tenders

      Fortune Oil announced that it has entered into a joint venture agreement with Shenyang Zhonglian Enterprise Development Co., Ltd and Able Field International Limited to provide Liquefied Natural Gas (LNG) to public transit vehicles in Liaoning Province, China. Shenyang Development is a privately-owned enterprise, and one of the market leaders in providing transportation services, […]

  • 28 March 2011
    Project & Tenders

      Fortune Oil, a company listed on the London Stock Exchange Main Market focusing on oil, natural gas and resource supply operations and investments in China, announced that it has contracted to acquire 51% of Liaoning Jingrun Natural Gas Limited (“LJNGL”) for an initial cash consideration of RMB10.55 million (£1 million). LJNGL has been granted […]

  • 25 April 2013

    Fortune Oil today reports its results for the financial year ending 31 December 2012. Corporate highlights: Agreed transformational combination of Fortune Oil’s natural gas business with that of China Gas Holdings Limited for consideration of US$400 million, of which Fortune Oil share is US$340 million. Will strengthen Fortune Oil’s strategic investment in China Gas Holdings […]

  • 19 May 2011

      Fortune Oil announced its Interim Management Statement for the period 1 January 2011 to date. Highlights – New gas supply connections increased by 23% to 3,264 in the first quarter compared to 2,655 in Q1 2010. – Natural Gas Sales up 7% (vs. Q1 2010) even though volume decreased by 14% (vs. Q1 2010). […]

  • 16 April 2012
    Project & Tenders

    Fortune Oil said it has signed an agreement with Tianjin Gas to establish a joint venture that will be responsible for the supply of liquefied natural gas (LNG) to the city of Tianjin, China’s sixth most populous city. The joint venture company will manage, on a non-exclusive basis, the procurement, import and supply of LNG […]

  • 19 December 2018
    Business & Finance

    Havila Shipping has received a charter extension from Axxis Geo Solution for one of its platform supply vessels.

  • 12 May 2015
    Business & Finance

    Havila Shipping ASA has announced that Maersk Oil and Gas company declared the first of three one year options for the Platform Supply Vessel (PSV) Havila Fortune. The vessel was first contracted by Maersk in May 2014 and started its contract on August 1, 2014. According to Havila’s statement, the PSV will continue working for Maersk […]

  • 23 May 2018
    Business & Finance

    Havila Shipping has entered into a charter contract with Axxis Geo Solution AS for one of its PSV vessels.

  • 12 July 2011
    Business & Finance

      INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, announced today that Fortune International Transport has joined the INTTRA network. Based in Italy, Fortune International Transport works solely with freight forwarders to bring consolidated container service to the global ocean shipping community. Working with more than 1,000 freight forwarders in Italy […]

  • 4 April 2011

      Fortune Oil a company listed on the London Stock Exchange main board focusing on oil, natural gas and resource supply operations and investments in China, announced the signing of a US$180 million (£112 million) loan agreement by Fortune Oil PRC Holdings Limited, the Company’s principal intermediate holding company in Hong Kong. The facility is […]

  • 23 August 2012

    Fortune Oil said its revenues including share of jointly controlled entities increased by 12.9 per cent to £338.8 million in fist half of 2012 (H1 2011: £300.1 million). FINANCIAL HIGHLIGHTS Group profit from operations, excluding gains on disposal, increased by 20.3 per cent to £14.3 million (H1 2011: £11.8 million). Earnings per share was 0.55p […]

  • 15 January 2020

    Bow Fortune collided with a fishing vessel in Galveston, Texas.