Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million for the same period last year, with fleet utilization recovering to 63%. Utilization improved from 61% in 1Q2021 to 63% in 2Q2021 as oil prices climbed, bringing total revenue for 1H2021 to US$20.1 million, just 8% lower than 1H2020. Due to the cost control measures and streamlining of fleet carried out, total direct costs reduced by 26% thus producing a gross profit of US$3.3 million for 1H2021. –Owned Vessel Division Owned Vessel Revenue declined slightly…
Author: Marie Jones
Synopsis, the world’s largest blockchain, crypto, DeFi and digital-art event, convenes for Edition III from September 20-24, a quarterly summit that draws hundreds of participants, and hundreds of thousands of viewers from around the world, and an event that gathers top-level experts and blockchain industry stars to present top trends, key questions, and compelling answers on the state of cryptocurrency markets today. Synopsis is being held for the third time this year to recreate the spirit of full immersion in the digital economy and decentralized finance. Its agenda includes round tables, panel discussions, solo performances, AMAs, and interviews. Synopsis will…
HONG KONG – Along with changes in the domestic and foreign regulatory environments and the policy reform of the Hong Kong Exchanges and Clearing Limited (HKEX), the Hong Kong market becomes increasingly attractive to some China-based US-listed companies. The return of China-based overseas-listed companies has become a trend now. Li Auto Inc (2015.HK) is among the three major China-based overseas-listed NEV companies listing on HKEX today through a dual primary listing, after Xpeng Motors Inc (9868.HK) was listed in Hong Kong on July 7. The IPO is jointly sponsored by Goldman Sachs and China International Capital Corporation (CICC), with UBS…
Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing a partnership with Los Angeles based luxury hospitality and lifestyle company, The h.wood Group. The partnership involves cross-promotional marketing initiatives, event sponsorships, endorsements, and the acceptance of Bitcoin Latinum for services, products, and amenities across The h.wood Group’s diversified portfolio of upscale nightlife and restaurant venues. Guests will have the option to seamlessly pay for tables, drinks, food, and merchandise with Bitcoin Latinum, in addition to Bitcoin and Ethereum tokens. Founded by successful entrepreneurs John Terzian and Brian Toll,…
The newly-formed Labuan Economic Sector Coalition (the Coalition) which comprises of various associations and business organizations released a press statement to express its grave concerns on the prospects facing Labuan due to unfair application of new SOP requirements, which are causing shipping firms and related major economic sectors to slow down or completely halt their activities on the island. This is despite the fact that Labuan is first among territories and states in Malaysia to have fully-vaccinated over 80% of its population and achieved herd immunity. The Labuan Economic Sector Coalition Members comprises of various associations and business organizations including…
A new self-help book, How To Talk To Strangers by Kerrie Phipps, was launched globally along with the co-authors of the book, reaching over 1000 people through the event was aired live on Facebook and Youtube. The book is an invitation to think more deeply about how you connect with others, so you don’t overlook essential connections or risk missing opportunities to impact people and the chance to change your own life in the process. Kerrie Phipps, the Author and publisher, says, “Stories of the kindness of strangers are so moving, the impression they have on people, and the power…
Hong Kong-based global power equipment and floorcare company Techtronic Industries Co. Ltd. (TTI or the Group) (stock code: 669, ADR symbol: TTNDY) announced its results for the six months ended June 30, 2021. The Group delivered extraordinary results for the first half of 2021, growing sales by 52.0% to US$6.4 billion. Gross margin improved for the 13th consecutive first half to 38.6%, and the growth in EBIT, net profit, and earnings per share all outpaced sales growth. EBIT increased 57.4% to US$572 million, net profit rose 57.9% to US$524 million, and earnings per share increased 57.8% to approximately US28.62 cents…
On June 10, 2021, the National Health Commission, leading eight ministries and commissions, issued the Notice on Distributing the Special Rectification Work Plan for Combating Illegal Medical Aesthetic Services. On August 9, 2021, The People’s Daily published an article entitled – Medical aesthetic sector needs to achieve best effects and prevent adverse consequences.The article highlighted the current rectification plan in the medical aesthetic sector is to establish high industry standards, strengthen supervision, and crack down on illegal medical aesthetic services in order to create a clean and reliable medical aesthetic environment. This plan will foster new advances in medical aesthetic…
After a long summer break, the MotoGP paddock roared to life once again in the Styrian Alps, as the Red Bull Ring came alive for Round 10 of the 18-race calendar. The Styrian GP lived up to the hype, delivering loads of nail-biting excitement, unexpected shocks and heart-stopping crashes. The highlight, however, was Pramac Racing claiming their maiden MotoGP win after 20 years competing in the series, coming after a stellar ride by rookie Jorge Martin. Martin edged out defending champion Joan Mir of Team Suzuki and maintained his composure after an early red flag to seal a notably well-deserved…
Butterfly Protocol and the XDC Network announced today that the Butterfly Protocol blockchain domain system will be used for an XDC blockchain-specific domain system. Through a grant from XinFin, a blockchain registry system will be created that allows developers and users of dApps to register domains and use a growing set of open-source tools to develop a standardized URL path to data and processes. In addition, to access dApps built for the XDC blockchain, the initiative will create human-readable wallet naming and the opportunity to create single sign-on access across the dApp ecosystem. Dana Farbo, Partnership Lead for Butterfly Protocol…