Marshall Islands

Excelerate Energy Completes Purchase of FSRU Sequoia

Retrieved on:

Wednesday, April 19, 2023

Energy, Other Energy, Oil, Gas, FSRU, Sequoia, LNG, Republic, Marshall Islands, Hand, NYSE, Natural gas

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that it has completed the purchase of the floating storage regasification unit (FSRU) Sequoia for a purchase price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands.

Key Points:

Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that it has completed the purchase of the floating storage regasification unit (FSRU) Sequoia for a purchase price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands.
Proceeds from the term loan and cash on hand were used to purchase the FSRU Sequoia.
“We are proud to add the FSRU Sequoia to the Excelerate portfolio of fully owned assets,” said Steven Kobos, President and CEO of Excelerate.
We look forward to continuing to utilize the FSRU Sequoia to provide flexible access to cleaner and more reliable energy to our valued markets.”
The FSRU Sequoia was delivered as a new build to Excelerate Energy’s fleet in June 2020 under a five-year bareboat charter.

GasLog Ltd. and GasLog Partners LP Announce Agreement for the Acquisition by GasLog Ltd. of GasLog Partners LP’s Publicly Held Common Units

Retrieved on:

Thursday, April 6, 2023

LLP, Calendar, Cravath, Swaine & Moore, Cheating, Marshall Islands, Transaction, Natural gas, Partnership accounting, NYSE, Security (finance), Partnership

GasLog owns 30.2% of the common units of the Partnership and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger.

Key Points:

GasLog owns 30.2% of the common units of the Partnership and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger.
The preference units of the Partnership will remain outstanding and continue to trade on the New York Stock Exchange immediately following the completion of the Transaction.
Evercore is acting as financial advisor to the Conflicts Committee and Richard, Layton & Finger, P.A.
Cravath, Swaine & Moore LLP and Cozen O’Connor (Marshall Islands) are acting as legal counsel to GasLog.

GasLog Ltd. and GasLog Partners LP Announce Agreement for the Acquisition by GasLog Ltd. of GasLog Partners LP’s Publicly Held Common Units

Retrieved on:

Thursday, April 6, 2023

LLP, Calendar, Cravath, Swaine & Moore, Cheating, Marshall Islands, Transaction, Natural gas, Partnership accounting, NYSE, Security (finance), Partnership

GasLog owns 30.2% of the common units of the Partnership and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger.

Key Points:

GasLog owns 30.2% of the common units of the Partnership and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger.
The preference units of the Partnership will remain outstanding and continue to trade on the New York Stock Exchange immediately following the completion of the Transaction.
Evercore is acting as financial advisor to the Conflicts Committee and Richard, Layton & Finger, P.A.
Cravath, Swaine & Moore LLP and Cozen O’Connor (Marshall Islands) are acting as legal counsel to GasLog.

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

Retrieved on:

Thursday, April 6, 2023

Venture round, Transport, NYSE, Marshall Islands, Series, Life insurance

MONACO, April 06, 2023 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:

Key Points:

MONACO, April 06, 2023 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company’s Board of Directors has declared:
a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”) (NYSE: SB.PR.C) for the period from January 30, 2023 to April 29, 2023;
a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares (the “Series D Preferred Shares”) (NYSE: SB.PR.D) for the period from January 30, 2023 to April 29, 2023.
Each dividend will be paid on May 1, 2023 to all shareholders of record as of April 20, 2023 of the Series C Preferred Shares and of the Series D Preferred Shares, respectively.
The declaration and payment of future dividends, if any, will always be subject to the discretion of the Board of Directors of the Company.
There is no guarantee that the Company’s Board of Directors will determine to issue cash dividends in the future.

Groundbreaking Partnership to Combat Dengue Mosquito in the Republic of the Marshall Islands Will Deploy Oxitec Friendly™ Aedes aegypti Solution

Retrieved on:

Friday, March 31, 2023

The Republic of the Marshall Islands has selected Oxitec's Friendly™ Aedes aegypti solution for a new pilot intervention to control the disease-spreading invasive Aedes aegypti mosquito.

Key Points:

The Republic of the Marshall Islands has selected Oxitec's Friendly™ Aedes aegypti solution for a new pilot intervention to control the disease-spreading invasive Aedes aegypti mosquito.
Aedes aegypti has spread globally and is the primary vector of diseases such as dengue, Zika, chikungunya and yellow fever.
Deployments of the Friendly™ Aedes aegypti are planned to be conducted on Ebeye Island where, in 2019, a severe dengue outbreak forced a 'state of health emergency'.
Oxitec's CEO, Grey Frandsen, said, "We're honoured that our Friendly™ Aedes aegypti solution has been selected by the Ministry of Health of the Republic of the Marshall Islands for a groundbreaking new pilot program to address the invasive Aedes aegypti mosquito in the RMI.

Groundbreaking Partnership to Combat Dengue Mosquito in the Republic of the Marshall Islands Will Deploy Oxitec Friendly™ Aedes aegypti Solution

Retrieved on:

Friday, March 31, 2023

The Republic of the Marshall Islands has selected Oxitec's Friendly™ Aedes aegypti solution for a new pilot intervention to control the disease-spreading invasive Aedes aegypti mosquito.

Key Points:

The Republic of the Marshall Islands has selected Oxitec's Friendly™ Aedes aegypti solution for a new pilot intervention to control the disease-spreading invasive Aedes aegypti mosquito.
Aedes aegypti has spread globally and is the primary vector of diseases such as dengue, Zika, chikungunya and yellow fever.
Deployments of the Friendly™ Aedes aegypti are planned to be conducted on Ebeye Island where, in 2019, a severe dengue outbreak forced a 'state of health emergency'.
Oxitec's CEO, Grey Frandsen, said, "We're honoured that our Friendly™ Aedes aegypti solution has been selected by the Ministry of Health of the Republic of the Marshall Islands for a groundbreaking new pilot program to address the invasive Aedes aegypti mosquito in the RMI.

Kwajalein Atoll Outer Islands using SOURCE Global’s innovative, off-grid technology to provide safe, resilient drinking water supply

Retrieved on:

Tuesday, March 21, 2023

Working with U.S.-based SOURCE Global, a public benefit corporation, the Kwajalein Atoll Local Government and the Kwajalein Atoll Development Authority will install SOURCE® Hydropanels in five small island communities.

Key Points:

Working with U.S.-based SOURCE Global, a public benefit corporation, the Kwajalein Atoll Local Government and the Kwajalein Atoll Development Authority will install SOURCE® Hydropanels in five small island communities.
The Kwajalein Atoll is among thousands of atolls reliant on imported drinking water or rainwater catchment systems.
To combat climate change and create drinking water independence, the Kwajalein Atoll Local Government and Kwajalein Atoll Development Authority will build multi-panel community water farms on five islands in the Kwajalein Atoll – Ebadon, Enelabkan, Enebouj, Ebejedrik, and Bikej – serving up to 71 families.
We’re proud to work with the Kwajalein Atoll Development Authority and the Kwajalein Atoll Local Government to make that happen in this part of the world.”

Gate Group Announces Plans to Launch New Visa Debit Card in Europe

Retrieved on:

Thursday, March 9, 2023

Crypto, Marshall Islands, Life, Gategroup, Visa, EEA, Ecosystem, European Economic Area, Republic, Cryptocurrency, Payment card

"We are thrilled to introduce this innovative solution to the market," said Dr. Lin Han, Founder and CEO of Gate Group.

Key Points:

"We are thrilled to introduce this innovative solution to the market," said Dr. Lin Han, Founder and CEO of Gate Group.
"With the Gate Visa card, our users can make seamless crypto payments to merchants worldwide.
"With programs like the Gate Visa debit card, Gate Group debit cardholders are enabled with a seamless way to convert and use their digital assets to pay for goods and services, anywhere Visa is accepted."
To join the Gate Visa debit card waitlist and to stay updated for more information.

Bain & Company and the World Economic Forum set out urgent roadmap to transform global food systems

Retrieved on:

Tuesday, January 17, 2023

Today, our food systems fall far short of these goals and we are running out of time to fix them.

Key Points:

Today, our food systems fall far short of these goals and we are running out of time to fix them.
A new report by Bain & Company and the World Economic Forum focuses on the urgent and complex transformations required at the most relevant unit of change: the country level.
The report takes lessons from a diverse set of seven "early mover" countries across Africa, Asia and the Americas to show the actions and investments required for successful food systems transformation.
The report also includes a roadmap for action laid out by Bain and the World Economic Forum containing the steps necessary for global stakeholders to enact meaningful systemic change in national food systems.

Dalliance Services Company Reminds QIWI PLC Holders of Tender Offer Expiration

Retrieved on:

Thursday, December 22, 2022

Banking, Professional Services, Finance, Midnight, QIWI, Letter, Offer and acceptance, Tender, ADSS, Falck (emergency services company), Letter of transmittal, Marshall Islands, American depositary receipt, Sale, Security (finance)

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offering, solicitation, or sale would be unlawful.

Key Points:

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offering, solicitation, or sale would be unlawful.
The Offer was made pursuant to the tender offer materials (including an Offer to Purchase, a related Letter of Transmittal and certain other offer documents) in the Tender Offer Statement on Schedule TO filed by the Offeror and Sergey Solonin with the SEC on November 25, 2022, as amended or supplemented from time to time.
Copies of the Offer to Purchase, Letter of Transmittal and other related materials are available free of charge from Alliance Advisors, LLC.
Holders of Shares or Shares represented by ADSs, banks and brokers may direct questions and requests for assistance in connection with Offer to Alliance Advisors, LLC by contacting (877) 587-1963 or [email protected] .