Finance 2018-03-01T10:04:38+00:00

Finance

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BEMAC invests in The Switch

Japanese-based electronics company, BEMAC Corp is to acquire shares in Finland’s The Switch Engineering and its group companies in partnership with Mitsui & Co.   As majority shareholder, BEMAC together with Mitsui, has entered into a share purchase [Read more...]

October 30th, 2023|

NCL prices senior secured notes

NCL Corp, a subsidiary of Norwegian Cruise Line Holdings (NCLH), has priced $790 mill aggregate principal amount of its 8.125% senior secured notes, due 2029. They were designated a private offering that was exempt from the registration requirements [Read more...]

October 15th, 2023|

Global Ports Holding raises cash

Global Ports Holding (GPH), the world's largest independent cruise port operator, has issued $330 mill of secured private placement notes to insurance companies and long-term asset managers at a fixed coupon of 7.87%. The notes have received an investment grade [Read more...]

October 15th, 2023|

Carnival breaks quarterly revenue record

Carnival Corp has reported record third quarter 2024 revenue with a strong earnings momentum. In its results’ presentation, the highlights included - *US GAAP net income of $1.07 bill, or $0.79 diluted EPS, and adjusted net income of $1.18 bill, or $0.86 adjusted EPS, [Read more...]

October 15th, 2023|

Galveston gets funds to improve pax access

Galveston Wharves in Texas has been awarded $42.3 mill in state funding for a major cargo infrastructure project, restoration of a section the port’s interior roadway and an enclosed pedestrian walkway over Harborside Drive (State Highway 275). The [Read more...]

October 15th, 2023|

Attica’s first half revenue increases

Attica Group has reported an increase in revenue in both its domestic and international routes for the first half of this year, compared to 1H22. Overall, the consolidated revenue increased by 21% reaching €244.26 mill from €201.45 mill [Read more...]

October 13th, 2023|