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Hapag-Lloyd to Take on Ten Scrubber-Fitted Boxships: Alphaliner

Hapag-Lloyd to Take on Ten Scrubber-Fitted Boxships: Alphaliner
shipandbunker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shipandbunker.com Daily Mail and Mail on Sunday newspapers.

Ten Scrubber Fitted Boxships , Capital Ship Management , மூலதனம் கப்பல் மேலாண்மை ,

Another shipping stock bites the dust as big tanker fleets merge | Hellenic Shipping News Worldwide


Another shipping stock bites the dust as big tanker fleets merge
The same cast of characters has been in tanker circles for years. If their company goes bust, they pop up somewhere else. Sometimes they fight with each other. Sometimes they cooperate. Occasionally, they sell their entire fleets to one another (and re-emerge after their non-competes expire).
One such rare fleet deal was announced Wednesday morning: New York-based International Seaways (NYSE: INSW) will merge with Connecticut-based Diamond S Shipping (NYSE: DSSI) in an all-stock transaction, with International Seaways the surviving entity. INSW’s shares closed up 5.6% on the news, Diamond S shares 4.5%. ....

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Tanker Operator International Seaways and Diamond S Shipping announce merger


Apr 01 2021
International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”), two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, announced that their Boards of Directors have unanimously approved a definitive merger agreement pursuant to which INSW will merge with Diamond S in a stock-for-stock transaction.
Subsequent to the merger, INSW and Diamond S shareholders will own approximately 55.75% and 44.25% of the combined company, respectively, using fully diluted share counts as of March 30, 2021.
 
The merger of Diamond S with INSW unites two companies with long-term customer relationships, similar cultures, and complementary positions in key tanker sectors. The merger will enhance INSW’s capabilities in both the crude and product markets and create “power a ....

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Los Angeles' federal deals give leniency to polluters


FAIRFIELD-SUISUN, CALIFORNIA
Portions of the Exide Technologies, a former lead-acid battery recycling plant, are wrapped in scaffolding and white plastic in Vernon, Oct. 6, 2020. (Al Seib/Los Angeles Times/TNS file photo (2020))
Los Angeles’ federal deals give leniency to polluters
In 2015, federal prosecutors in Los Angeles made a deal with the CEO of one of Southern California’s most dangerous industrial facilities, a battery recycling plant that had contaminated thousands of nearby homes with lead dust.
Exide Technologies agreed to demolish its plant in Vernon and pay $50 million to cover the costs of decontaminating the site and cleaning up the mainly working-class Latino enclaves it had polluted. In return, prosecutors spared the company and its executives from criminal charges. ....

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