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NORDEN INITIATES SHARE BUY-BACK PROGRAMME

ANNOUNCEMENT NO. 56 - 3 MARCH 2022The Board of Directors has decided to carry out a share buy-back of up to totally USD 30 million (approximately DKK 201.5 million). The share buy-back programme is initiated under the authorisation granted to the Board of Directors, which entitles NORDEN to acquire treasury shares at a nominal value not exceeding 10% of the share capital at the market price applicable at the time of acquisition with a deviation of up to 10%. This authorisation was most...
Nasdaq GlobeNewswire
03/03/2022

Complete proposals for the Annual General Meeting of DS NORDEN A/S

ANNOUNCEMENT NO. 55 - 3 MARCH 20223 March 2022Below please find the complete proposals for the annual general meeting in Dampskibsselskabet NORDEN A/S at 2 .00 p .m. CET on Thursday 24 March 2022 see notice of 18 February 2022.The following proposals have been made: Re. item C on the agenda: Proposed appropriation of profits or cover of loss in accordance with the adopted annual report. The Board of Directors...
Nasdaq GlobeNewswire
03/03/2022

NORDEN ANNUAL REPORT 2021 AND OUTLOOK 2022

ANNOUNCEMENT NO. 54 - 3 MARCH 2022NORDEN's annual report 2021 is attached as a zip file, in accordance with ESEF regulation. In addition, a PDF version of the annual report as well as a summary of the Q4 and full-year 2021 results are attached. Annual Report 2021 and Outlook 2022Today, the Board of Directors approved the annual report for 2021 with selected highlights below: Full-year resultsProfit for the year: USD 205 million (2020: USD 86 million)Return on...
Nasdaq GlobeNewswire
03/03/2022

Tianjin Port, Huawei & China Mobile Awarded Best Mobile Innovation for Connected…

The results speak for themselves. The port needs 60% fewer staff than before. Drivers (who are in high demand) now operate trucks remotely and no longer have to face dangerous, unhealthy working conditions. The solution also helps save money, reducing overall costs by about 30%. In addition, the port is becoming greener. It is producing its own renewable energy, supplementing other traditional power sources. At the same time, the port is consuming 17% less energy overall. The results speak for…
PR Newswire
03/03/2022

Philippine Airlines Partners with IBS Software to Empower Employees by…

PAL will also benefit from significant operational benefits through iFly Staff. Automating the travel booking process greatly reduces manual processes, reducing the administrative burden while improving quality of service. It also allows the PAL staff travel team to create and roll out new policies and process in real-time, and dynamically implement policy changes quickly and efficiently, using the configuration capabilities of iFly Staff. PAL will also benefit from significant operational...
PR Newswire
03/03/2022

US Lighting Group Announces First Shipment of a Cortes Camper to RV Center Idaho

Anthony Corpora, CEO and President said, "This first Cortes Camper shipment represents the culmination of a year's Research and Development, planning, and a great deal of hard work to ramp up production over the last several quarters. We believe we are now in position to accelerate Cortes Campers deliveries through the end of the year and well beyond." Anthony Corpora, CEO and President said, "This first Cortes Camper shipment represents the culmination of a year's Research and…
PR Newswire
02/03/2022

Sale of P-MAX tanker Stena President

"The weak tanker market during Q1 poses continued challenges for Concordia Maritime. The sale of Stena President is made to avoid docking costs and strengthen the company's financial position. Further sales cannot be ruled out unless we see a lasting recovery in the tanker transport market," says Concordia Maritime CEO Erik Lewenhaupt. " The weak tanker market during Q1 poses continued challenges for Concordia Maritime. The sale ofStena Presidentis made to avoid docking costs and…
PR Newswire
02/03/2022

Notification of managers and closely related parties' transactions with A.P…

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them1. Details of the person discharging managerial responsibilities/person closely associated a) Name Maria Amparo Moraleda Martinez2. Reason for the notificationa) Position/status Member of the Board of Directors of A.P. Møller - Mærsk A/S b) Initial notification/Amendment Initial notification3. Details of the issuer,...
Nasdaq GlobeNewswire
02/03/2022

India's Increasing Demand for Transportation Services Expedites Shared Mobility…

For further information on this analysis, please visit: https://frost.ly/708 For further information on this analysis, please visit:https://frost.ly/708 "The pandemic disrupted the traditional business model of the shared mobility market inIndia. Multiple factors, including familiarity with shared services, strong digital infrastructure, and a vibrant entrepreneurial culture, will driveIndia'spush to meet the booming demand for transportation services," said Chanchal Jetha ,...
PR Newswire
02/03/2022

Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV…

The roadmap for Hyundai's battery electric vehicle (BEV) is supported by: strengthening BEV line-ups, optimizing manufacturing capacity, and securing hardware and software competitiveness. Under the plan, the company aims to boost annual global BEV sales to 1.87 million units and secure a 7 percent level of global market share by 2030 The roadmap for Hyundai's battery electric vehicle (BEV) is supported by: strengthening BEV line-ups, optimizing manufacturing capacity, and securing hardware…
PR Newswire
02/03/2022

Electric Vehicle Manufacturer Lucid Group Gearing Up for First International…

- New international manufacturing plant targets 150,000 vehicles per year at the King Abdullah Economic City will leverage U.S. engineering, R&D, and manufacturing expertise in assembling new models for global markets and complement Lucid's flagship manufacturing site in Arizona, USA. - New international manufacturing plant targets 150,000 vehicles per year at the King Abdullah Economic City will leverage U.S. engineering, R&D, and manufacturing expertise in assembling new models for...
PR Newswire
02/03/2022

"Volare" Takes Off

The New ITA Airways Loyalty Program The 4 pillars of the Volare Program: freedom, personalization, choice, connection Never have so many Italian champions come together to celebrate the union of ITA Airways with Italian sportITA Airways reveals the new names for the aircraft with the blue livery. Great success for the survey of ItaliansWhat's new for the 2022 summer season: the first Rome Fiumicino-Miami flight departs today, followed by flights to North and South America, and...
Nasdaq GlobeNewswire
01/03/2022

INOKIM becomes the first company to introduce an electric scooter for children…

"We are excited to collaborate with Disney for our INOKIM Kids range of tri-wheel e-scooters, specifically designed for children. The collaboration is a perfect blend of INOKIM's innovation and Disney's ability to bring products to life through exceptional storytelling. Disney is known for their popular characters and storylines which are loved by kids the world over. We are excited that INOKIM will be part of these characters and storylines range," said Kfir Benshooshan, Founder...
PR Newswire
01/03/2022

Flex LNG - Ex dividend USD 0.75 today

The shares in Flex LNG Ltd. will be traded ex dividend USD 0.75 as from today, 01.03.2022..
Nasdaq GlobeNewswire
01/03/2022

DSV, 947 - SHARE BUYBACK IN DSV A/S

Company Announcement No. 947On 9 February 2022, we initiated a share buyback programme, as described in Company Announcement No. 942. According to the programme, the company will in the period from 9 February 2022 to 26 April 2022 may purchase own shares up to a maximum value of DKK 2,500 million and no more than 2,500,000 shares, corresponding to 1.04% of the current share capital of DSV A/S. The programme has been implemented in accordance with Regulation No. 596/2014 of the...
Nasdaq GlobeNewswire
01/03/2022

BusinessClass.com announces ban on Russia and urges other global travel brands…

Cutting off Russia on the website, eliminating Russian destinations from its flight and hotel search engine, the company has also taken down all content pertaining to Russia - destination guides, airline and hotel reviews (including Aeroflot) - many of which are owned by Russia's oligarchs. Cutting offRussiaon the website, eliminating Russian destinations from its flight and hotel search engine, the company has also taken down all content pertaining toRussia- destination guides,...
PR Newswire
01/03/2022

First carbon-neutral ocean technology company Caravelle to list on Nasdaq via…

Caravelle is a global ocean transportation technology company, and its Co-Tech solution (Carbon-neutral Ocean transportation technology) actively utilize huge idle time and space in ocean transportation. The waste heat of the tail gas in the marine shipping is recycled, and the wood drying is completed during the marine transportation, and the net zero emission of the value chain is completely realized, the reducing carbon form a large amount of carbon sinks that can be traded. It is estimated…
PR Newswire
01/03/2022

Fleet Management Market to Hit $52.50 Billion, Globally, by 2030 at 10.6% CAGR…

Major determinants of the market growth Major determinants of the market growth Need of operational competency in fleet management, mandatory government regulations, and rise in concerns about fleet safety have boosted the growth of the global fleet management market. However, lack of uninterrupted & seamless internet connectivity and cost sensitivity in local players hinder the market growth. On the contrary, intelligent transportation system and strengthening communication network...
PR Newswire
01/03/2022

AerAdvise Group Debuts Landmark European Headquarters beside Dublin…

DUBLIN, Feb. 28, 2022 /PRNewswire/ -- AerAdvise Group Debuts Landmark European Headquarters beside Dublin International Airport Ireland. The new AerAdvise European Headquarters are located at the 2nd Floor, No.1 Northwood Avenue, Dublin, Ireland. DUBLIN,Feb. 28, 2022/PRNewswire/ --AerAdvise Group Debuts Landmark European Headquarters besideDublinInternational AirportIreland.The new AerAdvise European Headquarters are located at the 2 ndFloor, No.1 Northwood Avenue,Dublin,...
PR Newswire
28/02/2022

Nordic American Tankers Ltd (NYSE: NAT) – Further Purchase of NAT shares by…

Monday, February 28, 2022 Dear Shareholders and Investors,Alexander Hansson, Board Member in Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 250,000 shares in NAT at $2.05 per share.Following the transaction, Alexander Hansson privately owns 1,435,000 shares in NAT. As in the past, the Hansson family is the largest private shareholder in the company. Sincerely,Herbjorn Hansson Founder, Chairman &...
Nasdaq GlobeNewswire
28/02/2022

Belships ASA: Period charter contract

Belships has entered into agreement for a period time charter contract for a period of about 22-26 months at a gross rate of USD 23 750 per day. The contract is expected to commence within Q1 2022.The total contract coverage for 2022 stands at about 70 per cent at an average rate of USD 23 000 net per day per vessel.Belships has a modern fleet of 27 Supra/Ultramax bulk carriers with an average age of 3.7 years and daily cash breakeven for 2022 of about USD 10 000 per vessel. Based on...
Nasdaq GlobeNewswire
28/02/2022

Global Smart Highway Market Flourishing - Projected to Reach Worth USD 112.68…

Smart Transportation is an innovative approach to plan and redesign roadways, that are been designed in order to provide better and safe transport solutions as compared to conventional traditional system. At present, most of the countries across the globe are facing transportation system issues such as having ineffective traffic management systems, poor road conditions, parking issues and others. A smart transportation system is been adopted to minimize these issues and have a proper data…
PR Newswire
28/02/2022

Eradicating Corruption Within SOEs

He cited issues related to powerful groups in the company and the price difference between Boeing 777-300ER aircraft rental and CRJ1000 aircraft purchase. He cited issues related to powerful groups in the company and the price difference between Boeing 777-300ER aircraft rental and CRJ1000 aircraft purchase. Ghonta spoke of having reported the problems to several institutions ranging from the director-general of the Ministry of Law and Human Rights to the chairman of the Corruption...
PR Newswire
28/02/2022

NOTIFICATION OF MANAGERS' AND CLOSELY RELATED PARTIES' TRANSACTIONS WITH…

ANNOUNCEMENT NO. 52 - 28 FEBRUARY 2022In connection with the announced share buy-back program in Dampskibsselskabet NORDEN A/S, A/S Motortramp participates by selling shares pro rata in order to maintain the current ownership of just under 32% of the shares in Dampskibsselskabet NORDEN A/S. The market will be informed accordingly – see the attached file and announcement no. 75/2021.Kind regards,Dampskibsselskabet NORDEN A/SMartin BadstedCFO For further information:Thomas France,...
Nasdaq GlobeNewswire
28/02/2022
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