by Evercore ISI
New Fortress Energy announced three material acquisitions that have greatly accelerated the already rapid growth profile of the company. First, New Fortress is acquiring Hygo, Golar LNG Partners’ downstream regasification and power business. The Hygo purchase provides New Fortress with one existing floating storage regasification terminal (Sergipe) and an immediate Ebitda contribution.
New Fortress also gains a second advanced development opportunity for the Barcarena LNG import terminal scheduled to start up in the first half of 2022. The Barcarena import terminal will eventually be expanded to include a related power-plant project coming on-line in 2025. Second, New Fortress is acquiring Golar LNG Partners (the publicly traded Golar-related master limited partnership), which provides it with a fleet of floating storage regasification units/floating storage units and liquefied-natural-gas carriers that can be converted to provide ready access to in-house coastal
From the MTG: Bay s balmy summers reflected in paintings
15 Jan, 2021 05:00 PM
3 minutes to read Waipara Landscape by E. Mervyn Taylor. Collection of Hawke s Bay Museum s Trust, Ruawharo Tā- ū-rangi (gifted by Dr J Burnell) Waipara Landscape by E. Mervyn Taylor. Collection of Hawke s Bay Museum s Trust, Ruawharo Tā- ū-rangi (gifted by Dr J Burnell)
Hawkes Bay Today
By: Toni MacKinnon New Zealand summers are spectacularly beautiful, so it makes sense that many landscapes in the Hawke s Bay Museums Trust s Collection were created at this time of the year. Waipara, by E Mervyn Taylor with its yellowed hills extending into the distance and the tough dry grass which make for a sweltering vision, is one such painting.
Chua said ocean freight for certain destinations have spiked by 300% to more than 500%.
WHILE government policies and laws are key towards facilitating a healthy industry, the role of industry associations are also undeniably important in helping to ensure that regulatory measures support the growth of the industry as well.
For the Timber Exporter’s Association of Malaysia (TEAM), which was established in 1955 with approximately 680 members, it aims to distill the feedback of industry players into a single, concerted voice to liaise with the government on policy and regulatory issues related to timber.
According to its president Chua Song Fong, apart from furniture, most of the other sectors within the timber industry have seen a drop in business since the pandemic’s outbreak.
E-sports and gaming group MTG is in talks to buy an unidentified mobile games developer, the Swedish company said on Thursday, as preliminary results showed its fourth-quarter profit rose in line with forecasts.
The Peruvian Ministry of Transport and Communications (MTC) announced it will invest PEN15 billion ($415 million) as part of measures to bring 4G connectivity to over a million citizens who have never had access to mobile services before.