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Costamare
Costamare Inc. (NYSE:CMRE) is a Greek and Marshall Islands corporation and one of the world's leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece. Costamare Inc. has 37 years of history in the international shipping industry and a fleet of 56 containerships, with a total capacity of approximately 326,000 twenty foot equivalent units (TEU) including 10 newbuild containerships on order. Mission statement The company's strategy is to time-charter its containerships to a geographically diverse, financially strong and loyal group of leading liner companies. The containerships operate primarily under multi-year time charters and therefore are not subject to the effect of seasonal variations in demand. History The founders of Costamare Inc. have a long history of operating and investing in the shipping industry. The name “Costamare” was first used in the shipping industry in 1975 when Captain Vasileios Constantakopoulos, the father of t ...
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Costamare Logo
Costamare Inc. (NYSE:CMRE) is a Greek and Marshall Islands corporation and one of the world's leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece. Costamare Inc. has 37 years of history in the international shipping industry and a fleet of 56 containerships, with a total capacity of approximately 326,000 twenty foot equivalent units (TEU) including 10 newbuild containerships on order. Mission statement The company's strategy is to time-charter its containerships to a geographically diverse, financially strong and loyal group of leading liner companies. The containerships operate primarily under multi-year time charters and therefore are not subject to the effect of seasonal variations in demand. History The founders of Costamare Inc. have a long history of operating and investing in the shipping industry. The name “Costamare” was first used in the shipping industry in 1975 when Captain Vasileios Constantakopoulos, the father of t ...
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MV Rena
MV ''Rena'' was a container ship owned by the Greek shipping company Costamare Inc. through one of its subsidiaries, Daina Shipping Co. The ship was built in 1990 as ''ZIM America'' for the Israeli shipping company Zim by Howaldtswerke-Deutsche Werft AG in Kiel, Germany. She was renamed ''Andaman Sea'' in 2007 and had sailed under her current name and owner since 2010. On 5 October 2011, due to navigation errors near the Astrolabe Reef, the ''Rena'' ran aground near Tauranga, New Zealand, resulting in an oil spill. Over the span of several months, she had been battered by consistent heavy winds and rough seas and on 8 January 2012 the ''Rena'' broke in two after a particularly harsh night of bad weather. By 10 January the stern section had slipped off of the reef bank and sunk almost completely. Description The ''Rena'' was a Panamax container ship with a container capacity of in seven holds. Her breadth was , and fully laden she had a draught of . Her gross tonnage was 38, ...
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Rena Oil Spill
The ''Rena'' oil spill occurred off the coast of Tauranga, New Zealand in October 2011. The spill was caused by the grounding of on the Astrolabe Reef. The ''Rena'' was a container ship and cargo vessel owned by the Greek shipping company Costamare Inc., through one of its subsidiary companies Daina Shipping. The spill has been described as New Zealand's worst maritime environmental disaster. Sequence of events On Wednesday, 5 October 2011, at 2:20 AM (Tuesday, 4 October 13:20 UTC) while sailing in clear weather from Napier to Tauranga, at a speed of , ''Rena'' ran aground on Astrolabe Reef. The ship was carrying 1,368 containers, eight of which contained hazardous materials, as well as 1,700 tonnes of heavy fuel oil and 200 tonnes of marine diesel oil. Initially the ship listed 11 degrees to port, with the front stuck on the reef. By 9 October, an oil slick long threatened wildlife and the area's rich fishing waters. Oil from ''Rena'' began washing ashore at Mount ...
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Economy Of Athens
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ...
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Transport Companies Established In 1975
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may in ...
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Shipping Companies Of Greece
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility nea ...
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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 New York St ...
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New Zealand Dollar
The New Zealand dollar ( mi, tāra o Aotearoa; sign: $, NZ$; code: NZD) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($). "$NZ" or "NZ$" are sometimes used when necessary to distinguish it from other dollar-denominated currencies. Introduced in 1967, the dollar is subdivided into 100 cents. Altogether it has five coins and five banknotes with the smallest being the 10-cent coin; smaller denominations have been discontinued due to inflation and production costs. In the context of currency trading, the New Zealand dollar is sometimes informally called the "Kiwi" or "Kiwi dollar", since the flightless bird, the Kiwi (bird), kiwi, is depicted on its New Zealand one-dollar coin, one-dollar coin. It is the tenth most traded currency in the world, representing 2.1% of global foreign exchange marke ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Tauranga
Tauranga () is a coastal city in the Bay of Plenty region and the fifth most populous city of New Zealand, with an urban population of , or roughly 3% of the national population. It was settled by Māori late in the 13th century, colonised by Europeans in the early 19th century, and was constituted as a city in 1963. The city lies in the north-western corner of the Bay of Plenty, on the south-eastern edge of Tauranga Harbour. The city extends over an area of , and encompasses the communities of Bethlehem, New Zealand, Bethlehem, on the south-western outskirts of the city; Greerton, on the southern outskirts of the city; Matua, west of the central city overlooking Tauranga Harbour; Maungatapu; Mount Maunganui, located north of the central city across the harbour facing the Bay of Plenty; Otūmoetai; Papamoa, Tauranga's largest suburb, located on the Bay of Plenty; Tauranga City; Tauranga South; and Welcome Bay. Tauranga is one of New Zealand's main centres for business, interna ...
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Astrolabe Reef
Astrolabe Reef is near Motiti Island, 20 kilometres NE of Tauranga, off the Bay of Plenty coast in New Zealand. The reef, which breaks the water surface at low tide, is a renowned scuba diving spot that drops off to in different parts. The reef was named by Jules Dumont d'Urville after his ship ''Astrolabe'', when it nearly ran aground there on 16 February 1827. Grounding of ''Rena'' On Wednesday, 5 October 2011, the container ship ran aground on the reef. By Sunday, 9 October, a oil-slick threatened wildlife and the area's rich fishing waters. By 13 October the ship had started to list and rock in the waves. Over 88 containers, some containing dangerous chemicals, fell into the sea and some washed ashore. The wreck broke in two during stormy weather on 7 January 2012. An exclusion zone was placed around the wreck during salvage and recovery operations, and this lasted until April 2016, when the reef was re-opened to vessels under . The reef and the unsalvaged remains of ...
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Fox Business
Fox Business (officially known as Fox Business Network, or FBN) is an American business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Launched on October 15, 2007, the network features trading day coverage and a nightly lineup of opinion-based talk shows. Day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto is the vice president and managing editor for the network and business news operation overall. As of February 2015, Fox Business Network is available to approximately 74,224,000 pay television households (63.8% of households with television) in the United States. History News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch had publicly stated that if News Corporation's purchase of ''The Wa ...
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