A.P. Moeller Dips On News

Thursday, June 07, 2001
A.P. Moeller fell around four percent on Thursday as news of a production halt and talk of higher tax continued to scare away investors, brokers said. Furthermore, share prices were still under pressure after Morgan Stanley's announcement in May that Moeller`s weighting would be reduced in its coming Morgan Stanley Denmark index. An ongoing debate about the possibility of higher tax was hurting shares. The Danish government is considering raising taxes on North Sea oil production. In addition, the company halted 40 percent of its North Sea due to a gas explosion in late May. Last week it said full production would not resume for several months. - (Reuters)
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

ASRY 2015 Strategy Combats Challenging Market

Up to May 2015, ASRY (Arab Shipbuilding & Repair Yard), was seeing encouraging results from it’s 2015 strategy to combat the widespread challenges facing the maritime repair market,

Shipyards Rising Competitive Stirrings

A mini order boom fueled by gas, “green-tech”, tankers and new rules is underway in shipbuilding. It won’t fill all yards, but changes like the July 2015 cap on

DP World H1 Earnings Jump, Mulls Iran launch

DP World may launch operations in Iran, the company's chairman said on Thursday, as the global ports operator reported a jump in half-year earnings after buying assets from its parent company.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1373 sec (7 req/sec)