A Serb and three Montenegrins are among the sailors from a Greek-managed oil tanker taken hostage by Somali pirates. The Polar, which is variously described in reports as Panama and Liberia-flagged, had a crew of 24 and was hijacked on Saturday.
Posts Tagged ‘Panama’
Yangzijiang +2.2%; Bulk carrier demand intact
July 9th, 2010 |
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Yangzijiang (BS6.SG) +2.2% at $1.42, extending this week’s 4.5% gain, as expectations of more contract wins boosts share price above $1.40 for first time since April, according to Dow Jones.
Sentiment in shipbuilding sector underpinned by slew of new orders secured by peers such as Cosco (F83.SG), JES International (EG0.SG) in past weeks. This week alone, JES unveiled contracts to build 6 dry bulk carriers for clients in China, Panama, Liberia.
After Getting Bailed Out By American Taxpayers, General Electric Pays ZERO U.S. Taxes, Pretending that All of Its Profits are Overseas
April 17th, 2010 |
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General Electric got bailed out by American taxpayers.Specifically, it was given $139 billion in FDIC guarantees and support by the Federal Reserve for it’s commercial paper (see this).So you’d think that GE would return the favor by paying American ta…
Inmet to sell C$500m in receipts to Temasek unit
March 31st, 2010 |
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Canada’s Inmet Mining Corp (IMN.TO) said it will privately place C$500 million ($686.1 million) of subscription receipts to a unit of Singapore sovereign wealth fund Temasek (TEM.UL), for development of its project in Panama and for general corporate purposes.
Inmet will sell about 9.3 million subscription receipts, priced at about C$54 per receipt to Ellington Investments Pte, an indirect wholly owned subsidiary of Temasek and expects the deal to be completed by the end of April.
Jennifer Lyon, “Survivor: Palau†Contestant, Dies Of Cancer
January 20th, 2010 |
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Jennifer Lyon, a contestant on the tenth season of CBS’ long-running reality drama Survivor, has passed away after lengthy battle against breast cancer. She was 37.
The reality star passed away at her home in Oregon on Tuesday night, according to her rep. Lyon, who finished fourth on Survivor: Palau in 2005, was diagnosed with the [...]
UAE relief plane to arrive in Haiti today
January 19th, 2010 |
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A UAE Red Crescent relief plane will land today at Port- au-Prince, the capital city of Haiti, from Panama. It will carry 45 tonnes of medicine, medical staff, food and relief supplies purchased from the local market in co-ordination with the International Federation of Red Cross and Red
Reviewing the fleets
December 9th, 2009 |
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Greece and Japan dominate shipping, but not under their own flags
OVER 80% of world trade by volume is carried on ships. Greece and Japan dominate ship owning with over 30% of the world tonnage. However, their ships rarely fly the flag of the home countries, choosing instead “flags of convenience”. Panama is the favoured country for Japan; while Greece prefers the Mediterranean islands of Malta and Cyprus; Liberia’s flag flies on many German vessels. Just 15 countries control 80% of the world’s merchant ships. And that fleet’s tonnage grew by 6% in 2008 as new ships ordered before the financial crisis hit the waves.
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Obama heads to Asia, breaks foreign travel record
November 12th, 2009 |
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US President Barack has travelled to more countries in his first year in office than any of his predecessors and now, will undertake a nine-day tour of Asia.
Since taking office, he has made seven foreign trips and visited 16 countries, three of them twice.
The Asia trip will take him to Japan, Singapore, China and South [...]
Panama Tourism
August 5th, 2009 |
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Panama tourism is as important to the country as it is to the world that wants to explore this tropical paradise. Panama has so much to offer its visitors that one vacation isn’t enough to see it all. So it isn’t surprising that visitors return over and again to see its beaches, rainforests and much [...]
Sen. Sherrod Brown: America Needs a National Manufacturing Policy. Now.
July 17th, 2009 |
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Not too long ago, the ticket to the middle class was straightforward. Work hard, play by the rules, and you’ll have something to show for…
James Warren: This Week in Magazines: Eric Holder Mulls Investigating Alleged Bush-Era Torture
July 12th, 2009 |
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Attorney General Eric Holder might not heed what seems to be the White House preference not to look back and investigate allegations of Bush-approved torture of detainees and enemy combatants.