Excel Upgraded

Tuesday, March 20, 2001
Dresdner Kleinwort Wasserstein said on Tuesday it had upgraded its recommendation for British distribution and logistics firm Exel Plc to "buy" from "add", noting a global economic slowdown would accelerate outsourcing. A Dresdner note said despite the slowdown in the world economy its forecasts showed double digit earnings growth and rising cash generation over the next three years. - (Reuters)
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Maritime Reporter May 2013 Digital Edition
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Navy

Today in U.S. Naval history: May 17

Today in U.S. Naval history - May 17 1940 - FDR announces plans to recommission 35 more destroyers 1942 - USS Tautog (SS-199) sinks Japanese sub, I-28; while

High Power Phased Array Radar Development

The Australian Department of Defense released a request for tender to CEA Technologies for the development of a High Power Phased Array Radar concept demonstrator.

Kraken Completes U.S. Navy Sonar Trials

Kraken Sonar Systems Inc. announced that its Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center (NUWC) in Newport, Rhode Island was successful.

Finance

Steamship Mutual Addresses Underwriting Imbalance

Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20,

Euroseas Reports Quarter Results

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced

Dutch Shipbuilding Holds Position in Difficult Market

2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding

 
 
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