Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin
"At IBIA, the overarching goals for the next 12 months mostly revolve around increased focus on ethics and transparency," chairman Tim Cosulich tells Ship & Bunker.
1. A brief overview of the current situation The maritime industry is embarking on a major transition from conventional to zero or carbon neutral fuels driven by the pressure to decarbonise. The transition will not take place over night and will have a significant impact on costs, asset values, and earning capacity. The industry participants .
- Buyback of 4,156,385 ordinary shares in the Company (now held in treasury) between January 2020 and October 2020 for a total consideration of USD11.5 million (GBP8.9 million) at a volume weighted average price of GBP2.13 per share (USD2.75 per share) in a share buyback scheme. The shares were acquired at a volume weighted average discount to net asset value of 21%, effectively acquiring exposure to uranium at a discount to the commodity spot price -
4) as at 31 March 2021 (2020: USD267.1 million (GBP2.45 per share)) -
3O
8 spot price continued to rise, increasing to USD32.35/lb on 12 July 2021, and the value of the Company s U
IBIA board member and Starbulk bunker director Constantinos Capetanakis sets out the aims of the organisation's new working group on mapping out the bunker industry's way toward GHG reductions.