According to a Jan 28 Reuters report, Munich Re expects insurance premiums against high sea piracy to rise, as well as the risk of piracy in the world.
(Source: Reuters)
According to a report from The Wall Street Journal, OSX Brasil SA, the Brazilian shipbuilding company controlled by billionaire Eike Batista, slashed the size and price of its initial public offering,
Viking Life-Saving Equipment A/S achieved all-time-high sales of $208m, up just over six percent on 2008. The group's profit also improved slightly compared with 2008.
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million