Search results for: Matrix Service Company

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  • 27 July 2015
    Business & Finance

    The Government of Lithuania has struck a deal that will save its debt-laden bulk shipping company PC ‘Lithuanian Shipping Company’ (LSC) from bankruptcy. Namely, an agreement was reached with the company’s creditors to postpone debt payment. “After the agreement to postpone the debts repayment term with the bank was reached, the company is now able to arrange […]

  • 30 November 2015
    Business & Finance

    The General Director of PC Lithuanian Shipping Company Sigitas Dobilinskas applied to the District court of Klaipeda to initiate bankruptcy proceedings in respect of PC Lithuanian Shipping Company, the company informed on Friday, November 27th. This is the second time in less than six months that the company has filed for bankruptcy. Namely, on July 23rd the […]

  • 13 May 2015
    Business & Finance

    RWE Innogy improved its operating result to EUR 151 million in the first quarter of this year, which is a 56% increase compared to the same period in the previous year. This was largely due to the commissioning of new wind turbines, the company said. For example, the Welsh offshore wind farm Gwynt y Môr already produced […]

  • 29 April 2015

    EnBW made good progress in the previous financial year in implementing its 2020 business strategy, while it reported that its adjusted EBITDA in 2014 was 2.6% lower than in previous year.  As a result of expectations of a continued fall in electricity prices, it was however necessary to make significant write-downs on the EnBW power plant […]

  • 26 March 2015
    Business & Finance

    Following recent news that Boskalis had increased its holding in Fugro to more than 25%, Offshore WIND contacted both companies in an effort to find out more. In a press release from March 20, Boskalis stated: “Royal Boskalis Westminster N.V. (Boskalis) has increased its holding in Fugro N.V. to 25.1%. Boskalis stresses that this is not […]

  • 18 November 2015
    Business & Finance

    The Board of Directors of China Ming Yang Wind Power Group Limited (Ming Yang) has formed a special committee to evaluate the proposal from its Chairman and CEO, Chuanwei Zhang, to acquire all of the company’s outstanding shares not already beneficially owned by him. The Special Committee is composed of independent directors, Dabing Zhou and Steve […]

  • 19 March 2012
    Business & Finance

    One of them concerns construction of two modern car – passenger ferries for the shipping company in Norway. The Owner has significant fleet for serving public transport in Norway. Four shuttle car – passenger ferries built in REMONTOWA SHIPBUILDING are part of them. To improve his competitiveness the Owner has decided to upgrade and refresh […]

  • 16 September 2011
    Business & Finance

      The United States on Tuesday removed an Israeli holding company from a sanctions blacklist for trade with Iran, clarifying a step taken… (Reuters) [mappress] Source: Reuters, September 16, 2011

  • 9 October 2017
    Business & Finance

    Oman Shipping Company (OSC) intends to increase share in the transport market for aggregates and acquire up to ten bulk carriers for that purpose, Tarik Mohammed Al Junaidi, CEO of Oman Shipping Company was cited by the Times of Oman as saying. As explained, the move comes due to a significant growth in aggregate exports from […]

  • 14 June 2016
    Business & Finance

    Baku-based shipping company Azerbaijan Caspian Shipping said that it commissioned four 5,490 dwt dry bulk vessels which are expected to start working in the Black and Mediterranean Seas, according to the company. Featuring a breadth of 16.5 meters, the new vessels were named Poet Vaghif, Poet Sabir, Hussein Javid and General Aslanov. The bulkers, which were built […]

  • 15 June 2015
    Business & Finance

    Royal IHC has announced that it will accelerate the implementation of its ‘IHC 2020’ strategy, which was announced in 2014, as a direct result of the rapidly deteriorating market. The strategy aims to reduce the company’s dependence on the volatile shipbuilding industry. IHC said it will focus on the design and production of technologically complex, integrated […]

  • 21 March 2016

    Iraqi Basrah Gas Company on Sunday said it has exported the first gas condensate cargo from its marine terminal in Umm Qasr.

  • 3 May 2016
    Business & Finance

    Two out of a batch of four bulk carriers owned by the financially-troubled Lithuanian Shipping Company’s (LSC) were sold in the second round of auctions to undisclosed buyers. Namely, the 17,800 dwt vessels Romuva and Voruta were sold for EUR 2.17 million and EUR 2.25 million, respectively. The vessels’ initial price was set at EUR 1.72 million each. Other bulkers still up for sale are the 24,000 […]

  • 2 July 2019
    Business & Finance

    Oilfield services company Expro has acquired well intervention technology company Quality Intervention AS (QI).

  • 29 July 2015

    Evolving procurement processes for UK Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and the ability to provide a larger suite of services. That is at least according to offshore energy support firm, Seacat Services. As project developers look to manage their cost bases, […]

  • 9 March 2016
    Operations & Maintenance

    Siemens has reported that its service centre in Leeds has a record numbers of wind turbines now being serviced at the site.  In the Stourton factory, several wind turbines, weighing around 64 tonnes in total and capable of powering 2,000 households, are currently being serviced. With increasing UK demands for moving away from fossil fuels towards […]

  • 8 November 2016
    Business & Finance

    The members of THE Alliance have revealed plans to deploy a fleet of more than 240 ships covering 31 services in the Asia/Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea starting from April 2017. The network of services would connect more than 75 major ports, and would be […]

  • 28 October 2015
    Business & Finance

    A Louisiana dredging corporation – C.F. Bean, LLC (Bean) – pled guilty today to a criminal offense relating to the death of Biloxi mariner Mark Barhanovich, announced U.S. Attorney Gregory K. Davis and Rear Admiral David R. Callahan, Commander of the Eighth Coast Guard District. Bean admitted improperly marking its dredge operation near Deer Island, […]

  • 22 September 2010

    Carnival Corp & PLC, the world’s largest cruise company, posted better-than-expected third-quarter results on Tuesday, buoyed by increased bookings, and lifted its full-year outlook.

  • 12 January 2015
    Business & Finance

    DeepOcean Group Holding B.V. (DeepOcean) started a reorganisation of the company today. Effective 1 January 2015 DeepOcean is organised in two main regions, the Greater North Sea (“GNS”) region and the International region. Ottar Mæland will head up the GNS region as Group EVP GNS. Group support functions such as IT, Procurement, Asset Management, Ship […]

  • 20 December 2017
    Business & Finance, Human Capital

    Peter Terium, Chief Executive Officer (CEO) of innogy SE, is leaving the company with immediate effect in agreement with the Supervisory Board.

  • 18 September 2015
    Business & Finance

    U.S. Jones Act carrier TOTE has decided to rename its operating company Sea Star Line, which serves Puerto Rico and the Caribbean, as well as Totem Ocean Trailer Express, serving the Alaska market, which will now be known collectively as TOTE Maritime. The rebrand coincides with TOTE’s 40th anniversary, and the move is expected to strengthen the brand. […]