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Customers warned: No more slack on BPL bills

By Neil HartnellTribune Business Editornhartnell@tribunemedia.netServicing Bahamas Power & Lights (BPL) $650m refinancing will end the buddy-buddy system that has enabled delinquent electricity payers to evade disconnection, a union leader is warning.Paul Maynard, The Bahamas Electrical Workers Unions (BEWU) president,…

BAE Systems’ (BA) Buy Rating Reaffirmed at Deutsche Bank – GCR

BAE Systems (LON:BA)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 530 ($6.93) price target on shares of BAE Systems in a research note on Wednesday, July 17th.

Handheld Thermal Imaging Equipment Market 2019: Comprehensive Analysis by Top Key Companies, Industr

The Handheld Thermal Imaging Equipment Market research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Handheld Thermal Imaging Equipment market report provides brief analytical data of the market contenders globally using advanced methodological approaches…

Brasada Capital Management LP Buys 31 Shares of Northrop Grumman Co. (NYSE:NOC)

Brasada Capital Management LP increased its holdings in Northrop Grumman Co. (NYSE:NOC) by 1.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,668 shares of the aerospace company’s stock after buying an additional 31 shares during the quarter.

Rice Hall James & Associates LLC Raises Stake in Coda Octopus Group, Inc. (NASDAQ:CODA)

Rice Hall James & Associates LLC grew its position in Coda Octopus Group, Inc. (NASDAQ:CODA) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,653 shares of the company’s stock after purchasing an additional 2,609 shares during the quarter.

Piracy

Namibias Namdock to maintain Angolan Navy vessels

Namibias Namdock has been awarded a contract to repair and maintain Angolan Navy vessels, with the first set to arrive in early 2020.Namdock Commercial and Operations Manager Willie Esterhuyse said that Namdock will initially take two Marinha de Guerra Angolana vessels into its dry docks, but next year the contract could…

Genco Shipping & Trading Limited Announces Third Quarter Financial Results

Initiates a Regular $0.175 Per Share Quarterly Cash Dividend Policy Declares a $0.325 Per Share Special DividendNEW YORK, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally…

Shippers' Council Condemns Surcharges On Nigerian-bound Cargoes

The Nigerian Shippers Council (NSC) has kicked against the surcharges placed on Nigerian-bound cargoes by foreign ship owners.LEADERSHIP learnt that Nigeria seaports have the highest shipping freight rates in West and Central African countries.Industry sources said that the high freight rates were fuelled by insecurity…

Iran news: Furious Tehran promises response to cowardly oil tanker strike | World | News

A spokesman for the Iranian government said to the state controlled Islamic Republic News Agency: “Iran is avoiding haste, carefully examining what has happened and probing facts. “An appropriate response will be given to the designers of this cowardly attack, but we will wait until all aspects of the plot are clarified.” The tanker Sabiti was hit in Red Sea waters off Saudi Arabia on Friday…

The mystery of the oil tanker that disappeared in the Strait of Hormuz

DUBAI, United Arab Emirates Tracking data shows an oil tanker based in the United Arab Emirates traveling through the Strait of Hormuz drifted off into Iranian waters and stopped transmitting its location more than two days ago, raising concerns Tuesday about its status amid heightened tensions between Iran and the U.S.

Port

Indonesian fishermen find body of one of 3 missing divers, SE Asia News & Top Stories

JAKARTA - Indonesian fishermen on Monday (Nov 11) found the body of one of the three missing divers, including a Singaporean, in the waters near Lampung province on Sumatra island.Indonesia's National Search and Rescue Agency (Basarnas) spokesman Yusuf Latief said the fishermen found the body, clad in a diving suit, along with diving equipment…

LankaWeb – U.S. military presence and popular resistance in Sri Lanka

United States Arleigh Burke-class destroyers docked in Sri Lanka. Included in the task-force were the USS Howard (DDG 83), USS Shoup (DDG 86), USS Pinckney (DDG 91) and the USS Kidd (DDG 100). (October 28-31, 2017) [Credit: Sri Lanka News / Ada Deranavia https://www.youtube.com/watch?v=GVVKAKSz1rU]The Indian Ocean is one of the most contested regions in the world today.

Orion Group (NYSE:ORN) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Orion Group (NYSE:ORN) from a hold rating to a buy rating in a report issued on Saturday morning, Zacks.com reports. Zacks Investment Research currently has $5.50 price objective on the construction company’s stock. According to Zacks, “Orion Group Holdings, Inc. is a construction…

Maersk looks at Brazilian start-ups as digital revolution spreads in Latin America

Lars Nielsen, Maersk Line chief executive for Latin America & the Caribbean, told delegates at last weeks TOC Americas Container Supply Chain event in Cartagena: We havent so far invested in any Latin American start-ups, but we have been looking at Brazil, where there are some digital-first freight forwarders that are using…

Nauta Yachts presents 78m concept with "island" beach club

An expanding beach club dubbed The Island is the star attraction of a new 78 metre superyacht concept presented by Nauta Yachts.Designed inside and out by Nauta, the 78.4 metre superyacht design features long overhangs and an extensive use of glass and reflects the studios trademark preference for clean, uncluttered design.Its key feature is an expansive beach club aft…