All posts by jrconde

AXA Posts Higher-Than-Expected $7.6B Profit, Ahead of U.S. IPO

French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second quarter this year. AXA, which ranks as Europe’s second-biggest insurer in terms of market capitalization behind Germany’s Allianz, reported earnings per share growth at the

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Aqualis Offshore has been contracted by Perforadora Mexico to support with the transportation and installation of a platform rig for a fixed platform offshore Mexico. Under the contract, Aqualis Offshore will monitor and document the sequence for rig-down, transportation and offshore installation of the Veracruz platform rig. The drill rig is currently being fabricated at

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Cosco Orders of 20,000-TEU Ships may Go Up to 13

It was confirmed that China’s Cosco has sealed deals for nine plus four options on 20,000-TEU vessels on home soil. The giant containership orders will take Cosco Container Lines above one million slots for the first time. The ships are split between three Chinese yards. Shanghai Waigaoqiao Shipbuilding (SWS) will build four of them; Nantong

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