Jakarta – PT Timah Tbk projects its production this year to reach 50,000 tons rising a bit from last year`s recorded at 49,000 tons. [mappress] Source: Antara, February 3, 2010
AMSTERDAM–Some shareholders of Smit Internationale NV (SMIT.AE) Wednesday said a revised takeover offer from Royal Boskalis NV (BOKA.AE) that has been recommended by Smit’s board and management still undervalued the Dutch maritime service provider, continuing a split that has caused one Smit board m
Dredging Corporation of India Ltd has announced the financial results for the quarter ended on 31-December-2009. The Net Sales was at Rs.181.21 crores (US$ 38.7 million) for quarter ended on 31-December-2009 against Rs.223.77 crores (US$ 47.7 million) for the quarter ended on 31-December-2008… [mapp
National Marine Dredging Company (NMDC) may be in the business of sucking up mud, but for investors the sludge might as well be gold… [mappress] Source: The Nation, January 27, 2010
DUBAI – Abu Dhabi-based National Marine Dredging Co., or NMDC, said Wednesday it made a net profit of 413.2 million U.A.E. dirhams ($112.6 million) in 2009, a 55.6% increase on the previous year… [mappress] Source: Maktoob, January 26, 2010
AMSTERDAM –Dutch maritime services provider Smit Internationale NV Monday said it would recommend a takeover offer from Royal Boskalis NV after the dredging company raised its offer with a dividend for Smit shareholders… Source: The Wall Street Journal, January 25, 2010
What is a dredging and demolition business doing headquartered in upscale Oak Brook, Illinois? [mappress] Source: iStockAnalyst, January 8, 2010
Marine services company acquires Minette Bay Ship Docking Smit Internationale, the global marine services company, completed the acquisition of all shares of Minette Bay Ship Docking Ltd… [mappress] Source: The Journal of Commerce, January 3, 2010;
Bangalore: Private port operator Gujarat Pipavav Port Ltd (GPPL) plans to raise at least Rs500 crore through an initial public offering (IPO), according to two bankers briefed on the matter. The share sale is planned for 2010, the bank officials said on condition of anonymity… Source: Livemint, Dece
Aberdeen company Subocean has won tens of millions of pounds of funding to allow it to expand overseas. The private equity arm of Lloyds Banking Group (LDC)… Source: BBC News, December 21, 2009
Despite a recent outburst by business tycoon Harry Jayewardena who controls the blue chip conglomerate Aitken Spence, against its lead Chinese partner in the new Colombo South Harbour project, the group is dispatching its Maritime arm Chairman Parakrama Dissanayake to… Source: Nation on Sunday ,Dece
STX Group, the nation’s 19th-largest conglomerate, said Tuesday it would turn its shipbuilding affiliates in China into a holding company-led system to streamline its Chinese business… Source:koreatimes,December 15,2009
AMSTERDAM – A majority of shareholders in Royal Boskalis Westminster NV Monday gave the green light for a share issue, which the Dutch dredging company will use to partly finance the takeover of Smit Internationale NV… Source: Morning Star, December 7, 2009
AMSTERDAM -Netherlands-based dredging company Royal Boskalis Westminster is expected to spice up its EUR1.35 billion all-cash bid for maritime services provider Smit Internationale, as it looks to diversify into other businesses… Source: The Wallstreet Journal, December 4, 2009
