Euroseas Wraps Up EuroDry SpinOff

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Greece-based containership owner Euroseas has completed the spin-off of its drybulk fleet into EuroDry Ltd. Euroseas shareholders received one EuroDry Ltd share for every five shares of the company they owned.The ship owner said that the shares of EuroDry Ltd. were to commence trading on May 31, 2018 on the NASDAQ Capital Market under the symbol “EDRY”.“We expect that our clear sector strategy and growth plans will enable EuroDry to trade close to its net asset value like its public peers, which we believe it to be in the range of USD 16-18 per share,” Aristides Pittas, Chairman and CEO of EuroDry, said.EuroDry Ltd., formed on January 8, 2018 under the laws of the Republic of the Marshall Islands, has a fleet of 6 vessels, including 2 Kamsarmax, 3 Panamax and 1 Ultramax drybulk carrier with a total cargo capacity of 453,086 dwt.last_img read more

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Fulford to fight for TCI defendants at Privy Council in London

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items:london, mark fulford, mike misick, privy council Fulford holds twin islands business breakfast Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 11 May 2015 – Today, Mark Fulford of F Chambers law firm began his representation at the Privy Council in London for Micheal Misick and others. Fulford is challenging the ruling that current Justice Paul Harrison can be impartial. It is no secret that the ex-Premier believes this to be untrue that the Justice could give him a fair trial. During the Constitutional Reform town hall meetings, Mike Misick was vocal on a number of issues including the right to trial by jury. Fulford holds the stance that it was and is wrong for laws and the constitution to have been changed ahead of the cases and charges of government corruption being brought against Misick and ten others. Attorney calls on UWI to honor TCI leaders Fulford confronts backlash, explains his stance on ‘treating’last_img read more

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