Panama Canal

BW LPG Limited - Financial Results for Q1 2024

Retrieved on: 
torsdag, maj 30, 2024
Oil, Gas, Alternative Energy, Energy, Maritime, Transport, EIA, USD, Panama Canal, CFO, Calendar, Sale, VLGC, Growth, Hyundai Heavy Industries, Interim, Propane, OPEX, Congestion, G&A, Oslo Stock Exchange, LPG, LNG, TCE, NPAT, YTD, Water, Pharmaceutical industry

- BW LPG successfully listed on the New York Stock Exchange (NYSE) on 29 April 2024.

Key Points: 
  • - BW LPG successfully listed on the New York Stock Exchange (NYSE) on 29 April 2024.
  • BW LPG Limited (“BW LPG”, the “Company”, NYSE ticker code: “BWLP”, OSE ticker code: “BWLPG.OL”) reported a Q1 2024 Net Profit After Tax (NPAT) of USD 150 million, yielding an annualised return on equity of 37% with USD 468.5 million free cash flow generated.
  • BW LPG delivered BW Princess (2008-built, Hyundai Heavy Industries, Korea) in February 2024 to new owners for further trading.
  • More information is available in the press release dated 21 May 2024 “BW LPG Limited – Notice of Scheme meeting regarding redomiciling to Singapore”.

Shipping Losses Hit All-Time Low Despite Increasing Risks for the Whole Sector

Retrieved on: 
onsdag, maj 22, 2024
Professional Services, Maritime, Environment, Logistics, Supply Chain Management, Transport, Insurance, Climate Change, Panama Canal, Climate change mitigation, Freight transport, Safety, Life, Climate change, Weather, Fire, Growth, Houthi movement, Horn, Strait, GPS, Biophysical environment, Ship, Black, Failure, Suez Canal, Shipbuilding

Conflicts such as in Gaza and Ukraine are reshaping global shipping, impacting crew and vessel safety, supply chains and infrastructure, and even the environment.

Key Points: 
  • Conflicts such as in Gaza and Ukraine are reshaping global shipping, impacting crew and vessel safety, supply chains and infrastructure, and even the environment.
  • During 2023, 26 total losses were reported globally compared with 41 a year earlier.
  • There have been more than 700 total losses reported over the past decade (729).
  • Red Sea diversions are already cited as being a primary contributor to a 14% surge in emissions in the EU shipping sector this year.

BW LPG Limited - Notice of Scheme meeting regarding redomiciling to Singapore

Retrieved on: 
tisdag, maj 21, 2024
Maritime, Energy, Transport, Oil, Gas, Security (finance), Supreme court, Panama Canal, Wind, Investment, Suite, BW Group, Constitution of Singapore, VLGC, Scheme, 4th floor, Company register, LNG carrier, Ship, Biofuel, LPG, LNG, Multimedia, Disclosure, Hearing

Notice is hereby given that the Scheme Meeting will be held on Wednesday, 12 June 2024 at 16:00 local time for the eligible shareholders to vote on the Scheme.

Key Points: 
  • Notice is hereby given that the Scheme Meeting will be held on Wednesday, 12 June 2024 at 16:00 local time for the eligible shareholders to vote on the Scheme.
  • View the full release here: https://www.businesswire.com/news/home/20240520449972/en/
    Very Large Gas Carrier BW Malacca passes LNG Carrier BW Tulip at the Panama Canal.
  • (Photo: Business Wire)
    The Scheme Meeting will be held as a physical meeting at Washington Mall Phase 2, 4th Floor, Suite 400, 22 Church Street, HM 1189, Hamilton, Bermuda.
  • If the Scheme is approved at the Scheme Meeting, a subsequent hearing will be held by the Supreme Court of Bermuda to sanction the Scheme.

Wyndham and Decameron Team Up to Expand All-Inclusive Offerings

Retrieved on: 
tisdag, maj 14, 2024
Restaurant, Garden, Wyndham Hotels & Resorts, Panama Canal, Friends, Coral, Los Cabos International Airport, Relaxation, Sun, News, Travel, Pacific Ocean, Tennis, Travel + Leisure Co., Nightclub, Rose Hall, Culture, Farallon, History

PARSIPPANY, N.J., May 14, 2024 /PRNewswire/ -- Wyndham Rewards® members can now access more all-inclusive offerings than ever before, including nine new resorts across Mexico, Panama and Jamaica, thanks to a newly formed alliance between Wyndham Hotels & Resorts and Decameron All Inclusive Hotels & Resorts.

Key Points: 
  • Each of Decameron's nine all-inclusive resorts joining Wyndham combine optimal relaxation, immersive culture and endless opportunities to enjoy time away from home.
  • Five resorts from Decameron, which owns and operates a broader network of properties, will join Wyndham's rapidly expanding Trademark Collection® by Wyndham brand, while four others join Wyndham's globally known Ramada® by Wyndham brand.
  • Grand Decameron Complex Bucerías, A Trademark All-Inclusive : Situated near Puerto Vallarta International Airport, Grand Decameron Complex Bucerías sits along the expansive Banderas Bay in Riviera Nayarit.
  • To learn more about Wyndham's alliance with Decameron All Inclusive Hotels & Resorts, or to book your next stay, visit WyndhamHotels.com/Decameron .

DEMAND AT ASIAN FACTORIES RISES AT STRONGEST RATE IN OVER 2 YEARS, IMPROVING NEAR-TERM GROWTH OUTLOOK FOR MANUFACTURING WORLDWIDE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
fredag, april 12, 2024
Safety, Panama Canal, Suez Canal, Transport, Pressure, GEP, Fed, Index, Growth, Oil

Given Asia's importance to global production, this provides a strong indication of future growth for the wider manufacturing economy.

Key Points: 
  • Given Asia's importance to global production, this provides a strong indication of future growth for the wider manufacturing economy.
  • In Europe, the slowest decline in input demand for a year provides evidence of the continent's industrial recession easing.
  • DEMAND: Global demand for raw materials, commodities and components edged closer to its long-term average in March, signaling recovery in the global manufacturing industry.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

DEMAND AT ASIAN FACTORIES RISES AT STRONGEST RATE IN OVER 2 YEARS, IMPROVING NEAR-TERM GROWTH OUTLOOK FOR MANUFACTURING WORLDWIDE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
fredag, april 12, 2024
Safety, Panama Canal, Suez Canal, Transport, Pressure, GEP, Fed, Index, Growth, Oil

Given Asia's importance to global production, this provides a strong indication of future growth for the wider manufacturing economy.

Key Points: 
  • Given Asia's importance to global production, this provides a strong indication of future growth for the wider manufacturing economy.
  • In Europe, the slowest decline in input demand for a year provides evidence of the continent's industrial recession easing.
  • DEMAND: Global demand for raw materials, commodities and components edged closer to its long-term average in March, signaling recovery in the global manufacturing industry.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

Oceania Cruises Announces New 2025-2026 Tropics and Exotics Collection

Retrieved on: 
torsdag, april 11, 2024
Vista, Sale, Immersion, Nature, Travel, Panama Canal, Allura, Collection, Amazon, Culture, Adventure, Tourism

MIAMI, April 11, 2024 /PRNewswire/ -- Oceania Cruises, the world's leading culinary- and destination-focused cruise line, has revealed its 2025-2026 Tropics and Exotics Collection, which is available for preview online at OceaniaCruises.com and opens for sale on April 17, 2024.

Key Points: 
  • The new collection includes a total of 135 captivating itineraries, visiting five continents on voyages ranging from seven to 180 days, including Vista's debut Around The World Voyage.
  • "Our new Tropics and Exotics Collection is one of our most exciting yet, featuring a heady mix of iconic cities, remote islands and hidden gems to discover for the very first time," commented Frank A Del Rio, President of Oceania Cruises.
  • These Grand Voyages explore the wonders of Asia, the stunning topography of the Oceania region, vibrant African cities, tropical Caribbean island retreats and South America's dramatic terrain, all whilst enjoying the home-away-from-home luxury aboard Oceania Cruises' elegant small ships.
  • For additional information on Oceania Cruises' small-ship luxury product, exquisitely crafted cuisine and expertly curated travel experiences, visit OceaniaCruises.com, call 855-OCEANIA, or speak with a professional travel advisor.

Princess and Brightline Unveil New 'Rail & Sail' Program Offering Affordable, Convenient Transportation and Luggage Express Service for Guests Sailing from Florida Ports

Retrieved on: 
fredag, april 5, 2024
Port Canaveral, Princess, Love, Partnership, Travel, Smart, Princess Cruises, Rest, Wi-Fi, USB, Drink, The Love Boat, Snack, Fortification, Panama Canal

ORLANDO, Fla., April 5, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise brand, and Brightline, the intercity passenger rail seamlessly connecting travelers to top destinations and major events in Central and South Florida, have joined forces to introduce the innovative Rail & Sail program, offering guests swift and hassle-free access to Princess cruise ships departing from two popular Florida homeports – Fort Lauderdale and Orlando (Port Canaveral).

Key Points: 
  • Also announced was a value-added luggage express service offering guests the ultimate convenience as their bags are checked at their Brightline station and are waiting for them securely in their stateroom upon arrival to the ship.
  • Princess guests can also enjoy special discounts of up to 15% when booking Smart and Premium Rail & Sail packages through Brightline's web site.
  • Princess guests will have access to Brightline's full schedule of convenient trains departing daily with 16 round-trip transits between Orlando and Fort Lauderdale.
  • Princess will also provide guests with complimentary motorcoach service between Brightline's Orlando and Fort Lauderdale stations and their embarkation terminal.

ITS Logistics March Port Rail Ramp Index: Uncertainty with ILA Negotiations Makes List of Largest Concerns for 2024

Retrieved on: 
tisdag, mars 12, 2024
ITS, Risk, CNBC, ILA, Transport, RFP, Intermodal transport, Index, Traction, CNT, Logistics, Panama Canal, Intermodal freight transport

RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.

Key Points: 
  • RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.
  • In addition, as Q2 approaches, the index will closely follow the International Longshoremen Association (ILA) negotiations as current ocean contracts are being deliberated.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Pembina Pipeline Corporation Announces Significant Milestones Achieved on Cedar LNG

Retrieved on: 
torsdag, april 4, 2024
Energy, Transport, Logistics, Supply Chain Management, Oil, Gas, Pembina Pipeline, PBA, CIBC, PPL, Haisla, Black & Veatch, Montney, British Columbia, MUFG Bank, Environment, Natural gas, Growth, Coastal GasLink Pipeline, Project, Notice, Partnership, Risk, FID, Knowledge, Environmental impact assessment, ARC Resources, Black, LLP, Carbon, King & Spalding, TSX, Engineering, Climate change, Hydrocarbon, Samsung Heavy Industries, CGL, ARC, WCSB, Haisla Nation, Capital, NGL, Multimedia, BC Hydro, Marketing, Government, NTP, Panama Canal, Economics, EPC

In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.

Key Points: 
  • In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta.
  • Cedar LNG has secured a 20-year take-or-pay, fixed toll contract with ARC Resources for 1.5 million mtpa of LNG.
  • "We are proud to partner with Cedar LNG, the Haisla Nation and Pembina Pipeline who share our commitment to responsible energy development."
  • Once operational, Cedar LNG is expected to generate annual run-rate adjusted EBITDA of US$200 million to US$260 million, net to Pembina.