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Sea Containers
Sea Containers was a Bermudan registered company which operated two primary business areas: transport and Shipping container, container leasing. It was founded in 1965 by James Sherwood and was initially focused on the leasing of cargo containers. During 1974, Sea Containers was Initial public offering, floated on the New York Stock Exchange. Over the next three decades, the company branched into various other markets, leading to the creation of the Belmond (company), Orient-Express Hotels chain, hovercraft, and the Venice-Simplon Orient Express train service. In May 1989, the British-based transport company Tiphook launched a $824 million bid to take over Sea Containers, which was successfully opposed by Sherwood. Sherwood maintained his leadership of the company into the twenty-first century, during which time he become fairly wealthy, something for which he was criticised following the collapse of the company. During the 1990s, Sea Containers successfully bid for the InterCi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sea Containers Logo
A sea is a large body of salt water. There are particular seas and the sea. The sea commonly refers to the ocean, the interconnected body of seawaters that spans most of Earth. Particular seas are either marginal seas, second-order sections of the oceanic sea (e.g. the Mediterranean Sea), or certain large, nearly landlocked bodies of water. The salinity of water bodies varies widely, being lower near the surface and the mouths of large rivers and higher in the depths of the ocean; however, the relative proportions of dissolved salts vary little across the oceans. The most abundant solid dissolved in seawater is sodium chloride. The water also contains salts of magnesium, calcium, potassium, and mercury, among other elements, some in minute concentrations. A wide variety of organisms, including bacteria, protists, algae, plants, fungi, and animals live in various marine habitats and ecosystems throughout the seas. These range vertically from the sunlit surface and shoreline ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Venice-Simplon Orient Express
The ''Venice Simplon-Orient-Express'' (VSOE) is a private luxury train service from London to Venice and other European cities. It is currently owned by Belmond. These VSOE services are not to be confused with a regularly scheduled train called the ''Orient Express'', which ran nightly between Paris and Bucharest – in the last years of operation cut back to between Strasbourg and Vienna – until 11 December 2009. This latter was a normal EuroNight sleeper train and was the lineal descendant of the original ''Orient Express'' daily departure from Paris to Vienna and the Balkans. While this descendant train was primarily used for every sort of passengers to Central and Eastern Europe, applying only the standard international train fares, the VSOE train is aimed at tourists looking to take a luxury train ride. Fares on the ''Venice Simplon-Orient-Express'' are high as the service is intended not as an ordinary rail service, but as a leisure event with five-star dining include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Financial Capital
Financial capital (also simply known as capital or equity in finance, accounting and economics) is any Economic resources, economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based (e.g. retail, corporate, investment banking). In other words, financial capital is internal retained earnings generated by the entity or funds provided by lenders (and Investor, investors) to businesses in order to purchase real capital equipment or services for producing new Goods and services, goods or services. In contrast, real capital comprises physical goods that assist in the production of other goods and services (e.g. shovels for gravediggers, sewing machines for tailors, or machinery and tooling for factories). IFRS concepts of capital maintenance ''Financial capital'' generally refers to saved-up financial Wealth (economics), we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
United States Navy
The United States Navy (USN) is the naval warfare, maritime military branch, service branch of the United States Department of Defense. It is the world's most powerful navy with the largest Displacement (ship), displacement, at 4.5 million tons in 2021. It has the world's largest aircraft carrier fleet, with List of aircraft carriers in service, eleven in service, one undergoing trials, two new carriers under construction, and six other carriers planned as of 2024. With 336,978 personnel on active duty and 101,583 in the Ready Reserve, the U.S. Navy is the third largest of the United States military service branches in terms of personnel. It has 299 deployable combat vessels and about 4,012 operational aircraft as of 18 July 2023. The U.S. Navy is one of six United States Armed Forces, armed forces of the United States and one of eight uniformed services of the United States. The United States Navy traces its origins to the Continental Navy, which was established during ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Yale University
Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United States, and one of the nine colonial colleges chartered before the American Revolution. Yale was established as the Collegiate School in 1701 by Congregationalism in the United States, Congregationalist clergy of the Connecticut Colony. Originally restricted to instructing ministers in theology and sacred languages, the school's curriculum expanded, incorporating humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first Doctor of Philosophy, PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew rapidly after 1890 due to the expansion of the physical campus and its scientif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sea Containers House (geograph 3183137)
Sea Containers House is a prominent building on the south bank of the River Thames, west of Blackfriars Bridge, in London. Location Sea Containers House is located towards the eastern end of London's South Bank cultural area, and is within the London Borough of Southwark. A continuous river-side walkway, actually part of the Thames Path, passes in front of and below the building, and links it with near river-side attractions such as the Festival Hall, the National Theatre, the Tate Modern, the Oxo Tower and the Globe Theatre. History Sea Containers House was designed by noted American Modernist architect Warren Platner in 1974 as a luxury hotel. During construction, however, its location near the City of London led to the decision to complete it instead as office space. It opened in 1978 and took its name from the former long-term tenant, Sea Containers. In Spring 2011, a process began to gain planning permission for an extensive internal and external refurbishment of Sea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Liquidation
Liquidation is the process in accounting by which a Company (law), company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as :wikt:wind up#Noun, wound-up or dissolved, although Dissolution (law), dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or Government agency, agency in a country responsible for collecting and safeguarding Duty (economics), customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. ''wind-up order'' in Australia) or voluntary (sometimes referred to as a ''sharehold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Subsidies
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when the ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Strategic Rail Authority
The Strategic Rail Authority (SRA) was a non-departmental public body in the United Kingdom set up under the Transport Act 2000 to provide strategic direction for the railway industry. Its motto was 'Britain's railway, properly delivered'. It was abolished by the Railways (Abolition of the Strategic Rail Authority) Order 2006, its functions being absorbed by the Department for Transport or the Office of Rail Regulation (now the Office of Rail and Road). Establishment The Shadow SRA was established in 1999 following the election of the Labour government in 1997 in an attempt to increase public interest regulation of the fragmented railway network following the privatisation of British Rail. It incorporated the former Conservative government's Director of Passenger Rail Franchising. Its main function was awarding and ensuring compliance with passenger rail franchises – contracts between the state and private sector operators under which the operators committed to provide c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Great North Eastern Railway
Great North Eastern Railway, often referred to as GNER, was a train operating company in the United Kingdom, owned by Sea Containers, that operated the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, North East England and Scotland from April 1996 until December 2007. During March 1996, Sea Containers was awarded the franchise to operate the East Coast services; it begin operations on 28 April 1996. Initially receiving a favourable reception, the company brought in several service alterations and innovations, including the leasing of Class 373 ''Regional Eurostars'' along with the refurbishment of the InterCity 225 fleet. However, GNER's reputation and passenger numbers were both hit by a pair of derailments during the early 2000s, the Hatfield rail crash and the Great Heck rail crash. Plans to procure a fleet of tilting trains based on the Pendolino were mooted by the company, but were discarded amid a protracted and complex refran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Privatisation Of British Rail
The privatisation of British Rail was the process by which ownership and operation of the Rail transport in Great Britain, railways of Great Britain passed from government control into private hands. Begun in 1994, the process was largely completed by 1997. The deregulation of the industry was in part motivated by the enactment of EU Directive 91/440 in 1991, which aimed to create a more efficient railway network by creating greater competition. British Railways (BR) had been in state ownership since 1948, under the control of the British Railways Board (BRB). Under the Conservative Party (UK), Conservative government of Margaret Thatcher elected in 1979, various state-owned businesses were gradually sold off, including various auxiliary and supporting functions related to the railways – Sealink ferries and British Transport Hotels by 1984, Travellers Fare catering by 1988 and British Rail Engineering Limited (train manufacturing) by 1989. It was under Thatcher's successor Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
