Teekay Corp would offer USD 250 million notes due November 2022, instead of USD 300 million due 2024.
https://worldmaritimenews.com/archives/276049/teekay-amends-note-offering-to-usd-250-mn/
Finance
SAAM improves quarterly results
Chilean provider of port terminals, logistics and towage services benefits from new operating model set in 2018.
https://www.tradewindsnews.com/finance/1772622/saam-improves-quarterly-results
Daily Overview of Global Markets & the SEE Region (Friday, 3 May, 2019)
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Daily Overview of Global Markets & the SEE Region (Friday, 3 May, 2019)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Asian bourses stayed within tight ranges today amid thin holiday trade while investors await the release of the April’s US employment situation report (12:30GMT). China and Japan remained closed today for public holidays and will re-open on Monday and Tuesday, respectively. In FX markets, the DXY index retained a firm tone, supported by the Fed Chair’s...
Singapore government buys stake in MSC terminal arm
GIC says TIL offers “attractive growth potential” from its pipeline of existing and new facilties.
https://www.tradewindsnews.com/finance/1771679/singapore-government-buys-stake-in-msc-terminal-arm
UK cancels Brexit ferry contracts
The UK Department for Transport is cancelling contracts with Brittany Ferries and DFDS to provide extra ferry services after Brexit, which could cost the taxpayer more than £50m.
UK transport secretary, Chris Grayling, said the cancelled contracts were part of a £4bn no-deal “insurance policy” the government had put in place.
The government bought £89m worth of capacity from the two firms and some of this capacity might be sold, but millions of pounds could be lost, BBC reported.
The contracts...
Boston civic, business leaders welcome Bermuda delegation
Boston civic, business leaders welcome Bermuda delegation
Boston, Massachusetts, May 2, 2019: Bermuda’s significant contribution as a global financial partner to American cities and communities was recognised by city, state and business leaders who welcomed an island delegation to Boston this week.
Massachusetts Governor Charlie Baker invited Premier David Burt, Finance Minister Curtis Dickinson and other members of a Bermuda delegation to the landmark State House yesterday, where the group...
