Day: August 21, 2023
STRONG OPERATIONAL PERFORMANCE, FURTHER GROWTH IN THE PIPELINE
HIGHLIGHTSEBITDA of USD 40.5m including USD 6.8m from Lighthouse Navigation
Net result of USD 25.8m
Declared dividend of NOK 0.60 per share
TCE of USD 19 099 gross per day for owned fleet – 77 per cent outperformance of market
Strategic partnership with V.Group and divestment of technical management business, realised book gain of USD 8.5m
Sold 2015-built BELVEDERE, net cash of USD 10m after debt repayment
Added 2x Ultramax newbuildings with delivery 2026-2027, zero cash invested
91 per cent of ship days in Q3 2023 are fixed at USD 18 100 gross per day
58 per cent of ship days in the next four quarters are fixed at USD 18 100 gross per day
Cash breakeven for 2023 of about USD 10 900 per vessel per day
The newest Supra/Ultramax fleet with 36 ships including newbuildingsSubsequent...
Irrigation Controllers Market to Surpass 3.75 Billion by 2030 Drives Due to Technological Advancements
Written by Customer Service on . Posted in Mergers And Acquisitions.
SkyQuest projects that the irrigation controllers market will attain a USD 3.75 billion value by 2030, with a CAGR of 14.7% over the forecast period (2023-2030). The irrigation controllers market is driven by continuous technological innovations in irrigation management, leading to smart controllers that offer remote monitoring and precision irrigation, optimizing water usage and enhancing crop yields.
Westford, USA, Aug. 20, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, escalating water scarcity issues worldwide are propelling the irrigation controllers market, as these systems enable efficient water distribution, reducing wastage and promoting sustainable agricultural practices while addressing growing environmental concerns.
Browse In-Depth TOC on the “Irrigation Controllers Market”Pages – 165
Tables –...
Gold Bullion Market to Surpass 131.55 Billion by 2030 Drives Due to Economic Uncertainty
Written by Customer Service on . Posted in Mergers And Acquisitions.
SkyQuest projects that the gold bullion market will attain a USD 131.55 billion value by 2030, with a CAGR of 12.10% over the forecast period (2023-2030). Economic uncertainty drives the demand for gold bullion as a safe-haven investment. During periods of economic instability or downturns, investors seek the stability and value preservation offered by gold, contributing to the growth of the gold bullion market.
Westford, USA, Aug. 20, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, central banks worldwide diversify their reserves by holding gold bullion, aiming to reduce reliance on traditional currencies and mitigate economic risks. The gold bullion market experiences a positive impact as these institutions strategically allocate funds to gold, increasing the demand for the precious metal.
Browse In-Depth TOC on the “Gold...
HUTCHMED Announces that the Sovleplenib Phase III ESLIM-01 Study Met Its Primary Endpoint in Primary Immune Thrombocytopenia in China
Written by Customer Service on . Posted in Public Companies.
— Randomized, double-blind, controlled trial met primary endpoint of durable response rate and all secondary endpoints —
— Overall safety consistent with sovleplenib known profile —
— Plans for regulatory submission underway in China, where it was designated a Breakthrough Therapy —
— Results to be submitted to an upcoming medical meeting —
HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Aug. 20, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) today announces that the pivotal Phase III trial ESLIM-01 evaluating the investigational use of sovleplenib met its primary endpoint of durable response rate and all secondary endpoints in adult patients with primary immune thrombocytopenia (“ITP”) in China. HUTCHMED plans to submit the New Drug Application (“NDA”) around the end of 2023.
The...