Latest News for: Port risks

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As deadlines for Avondale deal loom, Port of South Louisiana scrambles to line up advisors

The Advocate 30 Mar 2023
Leaders of the Port of South Louisiana are in the unusual situation of trying to determine whether a potentially transformative acquisition of the former Avondale shipyards site makes any financial sense after they already agreed to a price ... That would be a painful penalty for the port, which made $3.7 million in net profit last year ... The port and T.
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Adani co stocks rebound, add ₹20,205 cr in mcap

The Times of India 30 Mar 2023
Meanwhile, rating agency Fitch on Tuesday said that Adani Group subsidiaries - Adani Transmission and Adani Ports and Special Economic Zone - are exposed to heightened contagion risks due to governance weakness at the conglomerate's sponsor level while affirming BBB- ratings to group entities.
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POLA-area residents express concern about Bass’s 1st harbor commission nominees

Daily Breeze 30 Mar 2023
“The port impacts here are dramatic ... “(Mu�oz) has his own expertise with workers that will benefit the port’s longshore community and hopefully, he, too, will embrace a strong commitment to reducing the port’s health risks as well as improvements in working conditions.”.
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A surge of migrants is reaching Italy

Economist 30 Mar 2023
Non-arrivals are a much grimmer one ... But the Italian government has increased the risks by imposing restrictions on the ships run by NGOs that rescue migrants and bring them to Italian ports ... But the government has obliged the ships to dock at ports in the north of Italy, thereby reducing the time they can spend looking for migrants in distress ... ■ .
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Syria port authority shuts all ports due to bad weather

The New Arab 29 Mar 2023
Syria's port ... "There are winds and high waves in bursts and we cannot risk opening the ports at this time," Brigadier General Samer Kobrosli, the director general of the authority, told Reuters.
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Two Adani Group companies under contagion risks, says Fitch; governance weakness at parent co

Financial Express 29 Mar 2023
Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday ... Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday.
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Adani Group shares trade mixed; 3 counters hit 5% lower circuit

The Times of India 29 Mar 2023
Adani Enterprises and Adani Ports, part of the flagship Nifty50 index, were the top gainers in the pack ... Meanwhile, late on Tuesday, rating agency Fitch said that two Adani Group subsidiaries - Adani Transmission and Adani Ports - are exposed to heightened contagion risks as a result of governance weakness at the conglomerate's sponsor level.
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Fitch says contagion risks loom over two Adani entities

Indian Express 29 Mar 2023
Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday.
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Contagion risks loom over Adani Transmission and Adani Ports, says Fitch

Live Mint 29 Mar 2023
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion risks as a result of governance weakness at the conglomerate's sponsor level.Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to ...
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US needs vessels, faster permits to hit offshore wind targets

Reuters 29 Mar 2023
wind turbine installation vessels remains a significant risk for developers and the permitting of new port and manufacturing facilities must be accelerated to avoid delaying projects, industry experts said ... turbine installation vessels could be the biggest risk to deployment, Shields said.
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Fitch flags contagion risk at Adani group for two cash-generating entities

Business Line 29 Mar 2023
... expose even stable cash-generative non-restricted companies such as Adani Transmission and Adani Ports and Special Economic Zone to higher contagion risks.
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Legislation aimed at ensuring SC's pension isn't invested in 'woke' agendas advances

The Post and Courier 29 Mar 2023
"Our job is to manage those assets in a way that provides superior returns. That’s it. Full stop. Period. That’s the only thing we’re interested in.". Business ... Rep ... News ... Biden said he vetoed the measure because it "put at risk the retirement savings of individuals across the country." ... Environmental concerns have Charleston port leaders going electric ... .
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Adani stocks drop on report group seeks more time to repay loans

Gulf News 28 Mar 2023
Adani Ports and Special Economic Zone fell more than 9 per cent, dipping below the price GQG Partners paid to buy a stake earlier this month ... “The risk here is fairly limited because other than Adani Ports, the other three companies are trading above the level GQG Partners paid for.”.

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