OSLO: Vow ASA has through its subsidiary Scanship AS been awarded a 7.8-million-euro cruise newbuild contract for the delivery of its advanced technologies for wastewater purification, garbage handling and food waste processing. The Scanship systems will be installed on two…
LUXEMBOURG: Subsea 7 S.A. announced the award of a sizeable contract by Aker BP for the Hod Field Development Project, located 12 km from the Valhall area in the southern part of the North Sea. Subsea 7 defines a sizeable…
OSLO: Kitron ASA has been awarded new business for measurement technology. The award covers a period of five years, and the expected annual value is between EUR 3.5-5 million. Serial production is expected to start in the first quarter of…
ATHENS: Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that on June 29, 2020, it signed, through two wholly-owned subsidiaries owning the m/v G. P. Zafirakis and m/v P. S. Palios, a…
KARACHI: European Union Air Safety Agency (EASA) has suspended PIA’s authorization to operate in Europe for six months starting July 01, 2020, following revelations that 40 percent pilots have fake licenses. “EASA has received information according to which on Wednesday…
NEW YORK: U.S. insurance companies for a fourth-straight year increased their private equity holdings by nearly 10% in 2019 to $81.3 billion as this asset class remains attractive to insurers looking to diversify their investment portfolios or increase returns in…
HONG KONG: High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report. The Best’s Special Report, “Japan…
WEST SACRAMENTO: Raley’s has made the next bold move in their continued evolution with the opening of the company’s first-ever Raley’s O-N-E Market in the Northern California town of Truckee. The 35,000 square foot location blends the grocer’s 85-year commitment…
LONDON: Entertainment AI plc, a global social media and technology platform, announced both the release of its CreatorSuite product and its name change from Entertainment AI to SEEEN plc with ticker symbol SEEN to better reflect its technology brand and…
LONDON: Renalytix AI plc, an artificial intelligence-enabled in vitro diagnostics company, announced a partnership with the University of Michigan to extend the application of the KidneyIntelX platform to an expanded population of patients with established Chronic Kidney Disease (CKD) or…
LONDON: Dukemount Capital, the property management and long dated income provider, announced that it has appointed Matthew Thompson MBA BA (Hons.) as Chief Executive Officer. Matthew is qualified in commercial and corporate law and has 17 years of private equity,…
LONDON: Immunodiagnostic Systems Holdings plc (IDS), a specialty solution provider to the clinical laboratory diagnostic market, announced fully automated SARS-CoV-2 IgG antibody test will be available for sale. The test can now be purchased by customers in the UK, the…