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Excel Maritime
Excel Maritime Carriers Ltd. () is a shipping company specializing in the transport of dry bulk cargo such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products. As of May 2009, it is the largest bulk carrier by DWT of any U.S.-listed company. Approximately one-third of all seaborne trade is dry bulk related. Excel Maritime was a component of the NYSE Composite Index and the PHLX Marine Shipping Index. The stock has been de-listed from the exchanges as per their rules of listing Bankruptcy Excel Maritime Carriers Ltd. filed for a pre-negotiated chapter 11 case on July 1, 2013. The bondholders, unsatisfied with the terms originally proposed by Excel, reached an agreement in late November 2013. The agreement was reached and ratified on January 27, 2014 with Excel expecting to emerge from chapter 11 in mid-February 2014. Upon completion of the restructuring process, the company's total pre-petition debt of $920 million will be reduced to approximat ...
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Excel Maritime Logo
ExCeL London (an abbreviation for Exhibition Centre London) is an exhibition centre, international convention centre and former hospital in the Custom House area of Newham, East London. It is situated on a site on the northern quay of the Royal Victoria Dock in London Docklands, located between Canary Wharf and London City Airport History The centre was designed by Moxley Architects and built by Sir Robert McAlpine. It opened in November 2000. In May 2008 it was acquired by Abu Dhabi National Exhibitions Company. Phase II of development, which included building London's first International Convention Centre (ICC) and creating an "eastern arrival experience", was completed on 1 May 2010 with Phase 3 expected to be completed by 2023/24. In 2015, CentrEd at ExCeL was opened, which expanded the centre's facilities to incorporate training and meeting space near the western entrance of the venue overlooking Royal Victoria Dock. The Royal Victoria Dock closed to commercial ...
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Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis, Cyprus, Salam ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed on the ...
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Footnotes
A note is a string of text placed at the bottom of a page in a book or document or at the end of a chapter, volume, or the whole text. The note can provide an author's comments on the main text or citations of a reference work in support of the text. Footnotes are notes at the foot of the page while endnotes are collected under a separate heading at the end of a chapter, volume, or entire work. Unlike footnotes, endnotes have the advantage of not affecting the layout of the main text, but may cause inconvenience to readers who have to move back and forth between the main text and the endnotes. In some editions of the Bible, notes are placed in a narrow column in the middle of each page between two columns of biblical text. Numbering and symbols In English, a footnote or endnote is normally flagged by a superscripted number immediately following that portion of the text the note references, each such footnote being numbered sequentially. Occasionally, a number between bracke ...
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MV Powerful
The MV ''Powerful'' is a Danish- flagged cargo ship owned by Excel Maritime Carriers Ltd. of Greece. It was attacked with the intention of hijack by Somali pirates using assault rifles on November 11, 2008 in the Gulf of Aden off the Horn of Africa. Its capture was thwarted by the Royal Marines of the British frigate, , as well as the crew of a Russian . The November 11, 2008 incident off Somalia's coast occurred south of the Yemeni coast, in the Gulf of Aden. The pirates approached the vessel in a dhow, but were repelled by helicopters from the British and possibly Russian ships. The dhow was later detected by the ''Cumberland'', and a unit of Royal Marines gave chase in a rigid craft. The pirates fired upon the Marines; the Marines returned fire and killed two pirates. The remaining pirates surrendered and one additional pirate died of injuries sustained in the conflict. The engagement was attributed to Operation Enduring Freedom - Horn of Africa and was described by ...
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Baltic Dry Index
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax Timecharter Averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether. The BDI is the successor to the Baltic Freight Index (BFI) and came into operation on 1 November 1999. The BDI continues the established time series of the BFI, however, the voyages and vessels covered by the index have changed over time so caution should be exercised in assuming long term constancy of the data. Historical origin In 1744, the ''Virginia and Maryland'' coffee house in Threadneedle Street, London, changed its name to ''Virginia and Baltick,'' to more accurately describe the business interests of the merchants who gathered there. Today's Baltic Exchange has its roots in a committee of merchants formed in 1823 to regulate trading and formalize the excha ...
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Time Charter
Time Charter (6 April 1979 – 7 July 2005) was an Irish-bred, British-trained Thoroughbred racehorse and broodmare who won several major middle-distance races between 1982 and 1984. After winning twice as a two-year-old in 1981, she developed into a classic filly in the following year, finishing second in the 1000 Guineas before winning The Oaks in record time. Later that year she won the Sun Chariot Stakes before beating a field of colts and older horses by seven lengths in the Champion Stakes. As a four-year-old she won England's premier weight-for-age race, the King George VI and Queen Elizabeth Stakes and successfully conceded seven pounds to the outstanding French filly All Along in the Prix Foy. In 1984 she recorded an impressive four length victory in the Coronation Cup and was retired from racing at the end of the year having won nine of her twenty races. She later became a very successful broodmare. Background Time Charter was a powerfully built bay mare wit ...
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Bunge Limited
Bunge Limited is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States. As well as being an international soybean exporter, it is also involved in food processing, grain trading, and fertilizer. It competes with Cargill and Archer Daniels Midland. The company has approximately 32,000 employees in 40 countries. History Formation and listing Bunge was founded in 1818 by Johann Peter Gottlieb Bunge in Amsterdam, it was relocated to Antwerp by Edouard Bunge in 1859. Edouard's brother; Ernest Bunge, took the Bunge name to Argentina in 1884, and in 1905 the business extended to Brazil and later on to the United States. The company was converted into the Bermuda-registered Bunge International in 1994, retaining the Bunge y Born name only in Argentina. Bunge remained a privately held company of 180 shareholders (including the longtime controlling family interests) and divested itself in 1998 of almost all its ...
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Panamax
Panamax and New Panamax (or Neopanamax) are terms for the size limits for ships travelling through the Panama Canal. The limits and requirements are published by the Panama Canal Authority (ACP) in a publication titled "Vessel Requirements". These requirements also describe topics like exceptional dry seasonal limits, propulsion, communications, and detailed ship design. The allowable size is limited by the width and length of the available lock chambers, by the depth of water in the canal, and by the height of the Bridge of the Americas since that bridge's construction. These dimensions give clear parameters for ships destined to traverse the Panama Canal and have influenced the design of cargo ships, naval vessels, and passenger ships. Panamax specifications have been in effect since the opening of the canal in 1914. In 2009, the ACP published the New Panamax specification which came into effect when the canal's third set of locks, larger than the original two, opened o ...
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Capesize
Capesize ships are the largest dry cargo ships with ball mark dimension: about 170,000 DWT (deadweight tonnage) capacity, 290 m long, 45 m beam (wide), 18m draught (under water depth). They are too large to transit the Suez Canal (Suezmax limits) or Panama Canal (Neopanamax limits), and so have to pass either Cape Agulhas or Cape Horn to traverse between oceans. When the Suez Canal was deepened in 2009, it became possible for some capesize ships to transit the Canal and so change categories. Routes Major capesize bulk trade routes include: Brazil to China, Australia to China, South Africa to China and South Africa to Europe. Classification Ships in this class are bulk carriers, usually transporting coal, ore and other commodity raw materials. The term ''capesize'' is not applied to tankers. The average size of a capesize bulker is around , although larger ships (normally dedicated to ore transportation) have been built, up to . The large dimensions and deep draf ...
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NYSE
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securities e ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic tra ...
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