Search results for: buy

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  • 27 June 2014

    Woodside released the Notice of General Meeting and Explanatory Memorandum (Meeting Booklet) in relation to the previously announced buy-back of 78,271,512 Woodside shares from Shell Australia . The Meeting Booklet contains a report by the Independent Expert, Grant Samuel, which concludes that the buy-back is fair and reasonable to Woodside shareholders (other than Shell and its associates). Woodside […]

  • 29 September 2011

    MEO Australia Limited announced that the board of directors has approved an on-market buy-back of ordinary shares of its issued capital in accordance with the Corporations Act 2001 and ASX Listing Rules. The Board considers that a buy-back will add value to the remaining shares on issue, which have recently traded below cash backing. The […]

  • 17 June 2014
    Project & Tenders

    LNG player Woodside said it has signed a binding buy-back agreement with Shell Australia to purchase 78.3 million Woodside shares from Shell via a selective buy-back at a price of US$2,680 million. This represents approximately 9.5% of Woodside’s issued share capital. The proposed buy-back price of US$2,680 million payable by Woodside is based on a share […]

  • 12 June 2015
    Business & Finance

    Belgian tanker owner Euronav NV reacted to recent market speculations on its plan to buy up to eighteen tankers for USD 1.2 billion, confirming only that the company is currently in ”advanced talks” to buy four very large crude carriers (VLCCs). Euronav was reported to be negotiating to buy eight VLCCs from Greece’s Metrostar Management for USD 98 million per vessel. The company […]

  • 8 June 2016
    Business & Finance

    As the shipping industry continues sailing in a sluggish market, the shipowners are weighing the decision whether to buy ships while the prices are still low, it was said during the shipping exhibition Posidonia, taking place from June 6 to 10 at the Athens Metropolitan Expo. Seven shipowners, which took part in a poll on whether the time is […]

  • 13 August 2015
    Business & Finance

    The board of directors of Denmark’s shipping and oil giant A.P. Møller – Mærsk A/S has decided to initiate the second share buy-back program of up to DKK 6.7 billion (approximately USD 1 billion) to be executed during a 12 months period. The share buy-back program is initiated pursuant to the authorisation granted to the board […]

  • 13 August 2015
    Business & Finance

    The board of directors of Denmark’s shipping and oil giant A.P. Møller – Mærsk A/S has decided to initiate the second share buy-back program of up to DKK 6.7 billion (approximately USD 1 billion) to be executed during a 12 months period. The share buy-back program is initiated pursuant to the authorisation granted to the board […]

  • 20 January 2015

    The Government of Canada signed an order to block Alaska’s Department of Transportation from applying U.S. ‘Buy America’ legislation on the ferry terminal demolition and reconstruction project at the Port of Prince Rupert, British Columbia. Ed Fast, Canada’s Minister of International Trade said that he was disappointed by the State of Alaska’s decision not to seek a waiver […]

  • 17 July 2014

    Thailand’s energy firm, PTT, said it plans to buy more LNG from the spot market as prices fell significantly. In January the price was at about $19-20 and it fell to $10 mmBtu since. “It’s a good opportunity for PTT to buy more LNG to store in the terminal,”  PTT’s Chief Executive Pailin Chuchottaworn said […]

  • 23 February 2012
    Business & Finance

    International Shipholding Corporation announced today that on February 22, 2012, it completed a sale and leaseback transaction for its 2007-built Pure Car Truck Carrier, Green Bay. The Company expects to generate proceeds of about $59 million from this transaction which will be used to pay down debt and which will strengthen the Company’s position to […]

  • 23 November 2011

    China may look to buy US LNG volumes in the future as an alternative to buying more gas from Russia, one European gas analyst said…   (platts) [mappress] Source: platts, November 23, 2011; Image: cnooc  

  • 11 March 2014
    Business & Finance

    Yesterday, contract modifications were issued to Lockheed Martin Corporation and Austal USA under their respective Littoral Combat Ship (LCS) block buy contracts to add funding for construction of two fiscal year 2014 Littoral Combat Ships each. These are the seventh and eighth ships fully funded for each contractor under its previously-awarded, fixed-price incentive “block buy” […]

  • 5 May 2007

    The megayacht industry has blossomed over the last ten years, with multi millionaires and billionaires buying yachts in the tens of millions of Euros price range – and when it comes to some billionaires they seem intent on buying a fleet that would put some small countries navies to shame.

  • 18 June 2014

    Woodside of Australia confirmed that it has been advised by Shell Australia that the company has sold 78.3 million shares (representing 9.5% of issued share capital) via an underwritten institutional sell-down at a price of A$41.35 per share. Shell’s holding in Woodside is now 13.6% of Woodside’s issued capital. In conjunction with this sell-down Woodside […]

  • 3 December 2014

    BW LPG said that its Board of Directors has resolved to initiate a share buy-back programme, under which it will purchase up to US$15 million of its common shares. The share buy-back programme will comprise up to 2.1 million common shares, representing up to 1.54% of the company’s issued share capital. The highest price to […]

  • 16 September 2011
    Business & Finance

    APL has again been named Carrier of the Year by Best Buy, a leading multi-channel global retailer and developer of technology products and services. It’s the second year in a row that the Singapore-based container shipping line has won the award. APL, which transports Best Buy cargo from China to the U.S., was selected based […]

  • 8 June 2017

    The Wall Street Journal has reported that Russia could buy back the stake in Rosneft it sold to Qatar and Glencore, however the two companies have quickly issued rebuttal statements. To remind, Russia’s state-owned Rosneft in December 2016 sold a 19,5 percent stake in the company to a consortium comprising Glencore and Qatar Investment Authority […]

  • 3 June 2014

    Tokyo Electric Power (Tepco) of Japan is reportedly looking into a possibility to purchase LNG from export projects being developed on the west coast of North America. The fact that supplies would not have to go through the Panama Canal makes projects on the west coast interesting and cheaper for Tepco, Bloomberg informs. As a record […]

  • 2 July 2008

    The Sea Port of Saint-Petersburg is buying equipment for the first stage of the container terminal which is situated on the territory of the Fourth stevedoring company. According to the press-service of the port the contract is closed with Konecranes. The sum of the deal totaled above 1.7 bn rubles. In the framework of the […]

  • 11 June 2007

    The high price yacht industry has blossomed over the last ten years, with multi millionaires and billionaires buying yachts in the tens of millions of Euros price range – and when it comes to some billionaires they seem intent on buying a fleet that would put some small countries navies to shame.

  • 12 March 2010

    Wealthy investors are buying super yachts again and even those who can’t afford to buy them are indulging in the increasingly popular option of fractional ownership. Global sales of superyachts increased nearly five fold in the first two months of 2010, compared with the same period a year ago, as demand returns for one of […]

  • 8 August 2005

    COPENHAGEN, Denmark — Danish shipping giant A.P. Moller-Maersk A/S said Monday it is buying the majority of Kerr-McGee Corp.’s North Sea oil assets for $2.95 billion. Britain’s Centrica PLC is buying four other fields from Kerr-McGee for $566 million, the U.S.-based company said.