Market Update
Welcome to Conyers’ 2021 Norway Practice Bulletin. Our annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.
The 12 months since our last issue have been very different, to say the least, and something of a roller-coaster with second and third waves of Covid-19.
In general, 2020 was an especially difficult year for raising capital in the shipping sector. Across the segments total raised capital dropped 52% on 2019, according to Norwegian investment bank Fearnley Securities.
Nonetheless, Oslo-listed Bermuda companies in the shipping and offshore energy sectors completed some offerings, including:
Stolt-Nielsen’s US$180.5 million bond offering in June 2020
Viking Sea berthed alongside in Bodrum Cruise Port, Turkey Viking Sea is currently at Bodrum Cruise Port in Turkey for crew embarkation and provisions.
The Viking Cruises ship which arrived on Sunday from Trieste will stay for nine days to board its 278 crew in accordance with safety and health procedures, ahead of resuming cruise operations.
Viking Sea will leave Bodrum on May 31 with crew to sail to Valletta Cruise Port in Malta. Viking Sea, Viking Venus and Viking Star will sail round-trip cruises from Malta in July.
Haluk Hızlan, general manager of Bodrum Cruise Port commented: ‘The safety and health of all visitors of Bodrum Cruise Port is the outmost importance. He cited ease of air connectivity and as a non-EU country the Turkish visa regime for crew members provides a significant convenience to cruise lines for crew changes especially those from Asia and the Asia Pacific region.
Publicis Media today released the findings of new research into the influence of augmented reality (AR) on the way people shop and engage with brands. The study found that AR adoption is on the rise, and that consumers - particularly Snapchatters - are seeking this technology out during their shopping experiences.
Study uncovers how AR influences shopping behavior, impacts purchase decisions and increases brand engagement Consumers are expecting more from brands, and this research proves that AR supports these expectations by not only delighting customers but also positively influencing the purchase decision-making process, said David Roter, VP of Global Agency and Brand Partnerships, Snap Inc. Brands need to consider the utility and widespread appeal of AR-based experiences when developing marketing and engagement strategies, as the data shows that it s becoming critical to long-term success.
Coronavirus Travels and Cruising with Viking
Coronavirus Travels and Cruising with Viking
It starts off as an exercise of anticipation. First comes the softening drinks and teasing morsels which find their mark. The audience at this promotions gig is well heeled, of an age where they have money to burn, but nowhere to burn it. They have not travelled on a luxurious prison of bliss for eighteen months. The world has been ravaged by a pandemic, and they yearn to be ravished by the flavour, surrounds and excitement that is Viking Cruises.
Cruise liners are not for all but advertise themselves as the unrivalled option of travel for the satisfied life. But every satisfied life comes in gradations, levels, and categories. Pay more and the cabin room expands with magical effort. Pay more and the minibar miraculously replenishes. (Those who opt for the lesser option tend to find themselves having to pay more for other frills and accessories.) The exercise entails an effo
MDC Partners (MDCA) Agency Forsman & Bodenfors Hires Toby Southgate as Global CEO
News provided by
Share this article
Growing F&B Network as it Doubles Down on Global Ambitions
NEW YORK, May 24, 2021 /PRNewswire/ (NASDAQ:MDCA) Forsman & Bodenfors announced today that it has hired McCann Worldgroup s Chief Growth Officer Toby Southgate as Global CEO to work in partnership with Global Executive Chairman and Copywriter Anna Qvennerstedt to lead the world-class creative collective. Over the years, Forsman & Bodenfors has shown that world-class creativity thrives in a highly collaborative environment, said Qvennerstedt. Toby s background and drive matches both our values and our global ambition to deliver creatively and strategically excellent work. I m excited he agreed to join our team as Global CEO.