Nov 16 (Reuters) - Marenave Schiffahrts AG :DGAP-News: Marenave Schiffahrts AG: change in the management board.Newly formed supervisory board terminated Ole Daus-Petersen's appointment as sole member of management board with immediate effect.Company's former authorised signatory - was appointed as new sole member of management board.
Oct 24 (Reuters) - DANISH ENERGY AGENCY :SAYS APPROVES PLAN TO REBUILD TYRA FIELD IN THE NORTH SEA.SAYS THE TOTAL COST OF REBUILDING THE FIELD IS ESTIMATED TO AMOUNT TO AROUND 20 BILLION DANISH CROWNS ($3.16 BILLION).FRANCE'S TOTAL <<>> AGREED IN AUGUST TO BUY MAERSK'S <<>> OIL AND GAS BUSINESS IN A $7.45 BILLION DEAL nL8N1L70XF.
Oct 18 (Reuters) - DFDS A/S ::REG-LOGISTICS ACTIVITIES IN BELFAST RESTRUCTURED.REEFER LINE-HAUL BUSINESS WILL BE TAKEN OVER BY MANFREIGHT LTD. EFFECTIVE FROM NOV 1 2017.TOTAL ANNUAL REVENUE OF ACTIVITIES INCLUDED IN RESTRUCTURING IS AROUND DKK 250M.RESTRUCTURING WILL RESULT IN AN ACCOUNTING LOSS IN 2017 OF AROUND DKK 10M.RESTRUCTURING IS EXPECTED TO LEAD TO AN IMPROVEMENT OF EARNINGS FOR ACTIVITIES BASED IN BELFAST IN 2018.
July 10 (Reuters) - Cosco Shipping Holdings Co Ltd <601919.SS>-:Held third meeting of fifth session of board of directors, considered and approved resolutions in relation to restructuring.Trading in shares of company will not be resumed temporarily.
Swissco Holdings Limited : Update On Informal Meeting With Holders Of S$100 mln 5.7% Notes Due 2018 . noteholders informed that company will not be able to pay interest due under terms and conditions of notes on next interest payment date . Announce a suspension in trading of shares of company with effect from today, 12 october 2016 . expects to be able to fund its current operations from its cash, revenue from existing businesses and possible asset disposals .At same time, company and Ernst & Young are actively working on a debt restructuring plan.
A.P. Moller-Maersk : Reorganising A.P. Moller-Maersk into two separate divisions; Transport & Logistics and Energy . Says Oil and oil related businesses, either individually or in combination, to be separated from A.P. Moller-Maersk . Progress update on strategic review and change of management . Says Transport & Logistics will consist of Maersk Line, APM Terminals, Damco, Svitzer and Maersk Container Industry based on a one company structure with multiple brands . Says Energy will consist of Maersk Oil, Maersk Drilling, Mersk Supply Service and Maersk Tankers . Soren Skou will continue as group CEO of A.P. Moller-Maersk . Says main growth focus of A.P. Moller-Maersk going forward will be delivering best in class transportation and logistics services as an integrated Transport & Logistics company . Says Maersk Line will grow market share organically and through acquisitions . Maersk Oil will mature existing key development projects, while keeping exploration activities and expenses at a low level . Says Jakob Stausholm will be appointed group CFO of A.P. Moller-Maersk as of 1 December . Says Kim Fejfer will step down as member of registered management effective on 1 October and as CEO of APM Terminals effective on 1 November.
Vallianz Holdings Ltd : Has transferred its entire equity interest in the capital of the certain entities to Vallianz International Pte. Ltd. . Says transfers are not expected to have any material financial impact on EPS of group for current financial year ending 31 December 2016 .
Marenave Schiffahrts AG : Extension of the reduced repayment rates . Quarterly minimum repayment amount per single ship company shall amount to at least USD 100,000 .Bank consortium has agreed to only seriously demand payment from single ship companies.