Maritime

Valaris Announces Appointment of Catherine J. Hughes to its Board of Directors

Retrieved on: 
Wednesday, November 9, 2022
Other Energy, Maritime, Mining, Minerals, Oil, Gas, Transport, Natural Resources, Energy

Valaris Limited (NYSE: VAL) (Valaris or the Company) today announced that Catherine J. Hughes has been appointed to the Valaris Board of Directors.

Key Points: 
  • Valaris Limited (NYSE: VAL) (Valaris or the Company) today announced that Catherine J. Hughes has been appointed to the Valaris Board of Directors.
  • Ms. Hughes has served as a non-executive director of Shell plc since 2017, including as Chair of the Safety, Environment and Sustainability Committee.
  • Ms. Hughes joined Nexen in 2009 as Vice President Operational Services, Technology and Human Resources.
  • Chair of the Board Elizabeth D. Leykum said, We are pleased to welcome Catherine to the Valaris Board of Directors.

On Track for a Record Year: SIXT Increases Revenue to EUR 2.32 Billion and Earnings to EUR 506.3 Million After Nine Months

Retrieved on: 
Wednesday, November 9, 2022
Fleet Management, Public Transport, Transportation, Automotive, Travel, Other Transport, Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, AutoNation, USD, Investment, Group, BYD, Income, Travel, ISIN, Risk, CO2, Saskatchewan River Sturgeon Management Board, COVID-19, Technology, Economic development, Depreciation, Airport, Culture, CFO, American, Climate, Motor vehicle, SE, Original equipment manufacturer, Growth, Corporation, Tax, Industry, EUR, History, EBT, Film, Airline, Renewable energy, Car rental

Consolidated revenue increased by 24.8% to EUR 997.1 million from July to September compared to the same quarter of the previous year.

Key Points: 
  • Consolidated revenue increased by 24.8% to EUR 997.1 million from July to September compared to the same quarter of the previous year.
  • This measure will affect total earnings in the amount of around EUR 15 million for financial year 2022, approximately EUR 10 million of which is attributable to the third quarter.
  • Consolidated earnings before taxes (EBT) rose by 59.5% in the first nine months from EUR 317.4 million to EUR 506.3 million.
  • SIXT increased its consolidated revenue by 24.8% to EUR 997.1 million in the third quarter (Q3 2021: EUR 799.0 million).

Astra Asset Management UK Ltd Selected as Exclusive Financier to Harland & Wolff

Retrieved on: 
Thursday, November 10, 2022
Finance, Maritime, Professional Services, Transport, Asset Management, Negotiation, HMS Britannia, Partnership, Wolff, Astra, Founder, London Stock Exchange, Contract, London, Maintenance, Engineering, CEO, CIO, Industry, History, Harland and Wolff, Financial services, News

Astra Asset Management, a leading European alternative credit manager and private credit manager, has been selected as the exclusive financing partner to Harland & Wolff.

Key Points: 
  • Astra Asset Management, a leading European alternative credit manager and private credit manager, has been selected as the exclusive financing partner to Harland & Wolff.
  • Over its 161-year history, Harland & Wolff has been at the forefront of the UKs offshore and maritime engineering industry.
  • We are delighted to make this announcement and are thrilled to have been selected by Harland & Wolff, remarked Astra CIO, Anish Mathur.
  • Founded in 2012, Astra Asset Management has grown to become one of Europes leading specialist credit asset managers.

Worldwide Yacht Charter Market Report 2022: Extended Expert Analysis of Yacht Charter Market and Agencies based on World's Largest Scientific Primary Research - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 9, 2022
Transport, Maritime, Name, Research, Prevalence, Investment, THIS, Population, KEY, Industry, Classification, COVID-19, Tourism, Real estate, Civil engineering, Risk management, Public relations, Marketing

The "Yacht Charter Market Report Worldwide 2022 - Extended Expert Analysis of Yacht Charter Market and Agencies based on World's Largest Scientific Primary Research " report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Yacht Charter Market Report Worldwide 2022 - Extended Expert Analysis of Yacht Charter Market and Agencies based on World's Largest Scientific Primary Research " report has been added to ResearchAndMarkets.com's offering.
  • This yacht charter market report is quite unique, and goes far beyond the usual market reports in this industry.
  • Therefore, the readers can gain a quantitative and qualitative understanding of the yacht charter industry, including the market structure, processes, specificities and dynamics.
  • Thirdly, this market report contains actual primary data from a large international questionnaire survey of yacht charter agencies - it is the largest such survey ever performed on this market!

Global Naval Combat Systems Market 2022-2026: Greater Focus on ISR Operations, Increasing Demand for Unmanned Underwater Vehicles, and Smart Weapons Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 9, 2022
Defense, Military, Maritime, Transport, Other Defense, Traction, Weapon, ISR, CAGR

The "Global Naval Combat Systems Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Naval Combat Systems Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The naval combat systems market is poised to grow by $9.53 bn during 2022-2026, accelerating at a CAGR of 3.79% during the forecast period.
  • The report on the naval combat systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The market is driven by a greater focus on ISR operations, increasing demand for unmanned underwater vehicles, and smart weapons gaining traction among armed forces.

MercuryGate Sets The Standard For the Future of Transportation Management Systems: Evolving From Smart Systems to Intelligent Management

Retrieved on: 
Wednesday, November 9, 2022
Technology, Trucking, Rail, Maritime, Transport, Software, Data Management, Logistics, Supply Chain Management, Supply Chain Management, Retail, Traffic management, ESG, Intelligence, TMS, Risk, Social Security Government Pension Offset, Velocity, Artificial intelligence, Efficiency, Goal, Solution, Safety, Compliance, Machine learning, Software, Software as a service, Transport, Social, Algorithm, Acquisition, Map, Online shopping, Medical device, Biophysical environment

No longer will customers face a lack of transparency which has always plagued supply chains because most software exists as stand-alone, disparate systems.

Key Points: 
  • No longer will customers face a lack of transparency which has always plagued supply chains because most software exists as stand-alone, disparate systems.
  • MercuryGate Co-founder and Chief Innovation Officer Steve Blough added: Smart is where we are today.
  • This broadened solution set available through a single provider will help MercuryGate customers simplify their transportation management, manage costs, prevent risk and increase sustainability.
  • MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for todays most successful shippers, 3PLs, brokers and carriers.

FourKites Partners with Sony Network Communications Europe to Help Enterprise Shippers Deliver Exceptional Customer Experience

Retrieved on: 
Wednesday, November 9, 2022
Software, Mobile, Wireless, Hardware, Data Management, Technology, Security, Other Transport, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, Yoy, Medication, Temperature, Food, Partnership, Multimedia, CPG, Atmosphere, Partner, EMEA, Machine learning, Humidity, Transport, ETAS, Growth, Fast-moving consumer goods, Foodservice, Video game console, Rail freight transport, Sony

Today, leading supply chain visibility company FourKites announced a partnership with Sony Network Communications Europe.

Key Points: 
  • Today, leading supply chain visibility company FourKites announced a partnership with Sony Network Communications Europe.
  • The partnership will integrate data from Visilion Sonys real-time cargo and asset tracking solution with FourKites real-time, end-to-end supply chain visibility platform.
  • View the full release here: https://www.businesswire.com/news/home/20221109005131/en/
    FourKites Partners with Sony Network Communications Europe to Help Enterprise Shippers Deliver Exceptional Customer Experience (Graphic: Business Wire)
    Faced with ongoing global supply chain disruptions including port congestion, port and rail strikes, global conflicts and more businesses need more meaningful insights to mitigate preventable delays and damage, and to keep goods moving to their final destinations.
  • FourKites shared commitment to industry-leading innovation, product quality and industry collaboration made them the obvious partner for us, said Erik Lund, Head of Tracking Division, Sony Network Communications Europe.

Tidewater Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Wednesday, November 9, 2022
Other Energy, Oil, Gas, Natural Resources, Energy, Other Transport, Maritime, Transport, Mining, Minerals, Private Securities Litigation Reform Act, Attention, Forward-looking statement, Morgan Stanley, NYSE, Tidewater, U.S. Securities and Exchange Commission, S-3, Form 10-Q, Risk, Warrant, Swire, Sale, Prospectus, TDW, SEC, Form, Storey, Varick Street, Inc., Company, SEC filing, Form 10-K, Terminology, Security (finance), Industry, Acquisition, Wind

Tidewater Inc. (NYSE: TDW) (the Company or Tidewater) today announced the pricing of its registered underwritten public offering of 3,987,914 shares of its common stock at a public offering price of $30.25 per share.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (the Company or Tidewater) today announced the pricing of its registered underwritten public offering of 3,987,914 shares of its common stock at a public offering price of $30.25 per share.
  • The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $120,634,398.
  • The Company intends to use the net proceeds from the offering (before expenses) to repurchase from Banyan Overseas Limited (Banyan) a number of warrants exercisable for shares of the Companys common stock (Warrants) equal to the number of shares of the Companys common stock sold in the offering.
  • The shares of common stock described above are being offered pursuant to a shelf registration statement on Form S-3 (File No.

Expeditors Announces Semi-Annual Cash Dividend of $0.67

Retrieved on: 
Tuesday, November 8, 2022
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Expeditors International, Atmosphere, NASDAQ, Board, Solution, German International School Washington D.C., Board of directors, EXPD, Company

Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 7, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on December 15, 2022 to shareholders of record as of December 1, 2022.

Key Points: 
  • Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 7, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on December 15, 2022 to shareholders of record as of December 1, 2022.
  • Expeditors is a global logistics company headquartered in Seattle, Washington.
  • The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system.
  • Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.