Works on the quay extension at Hili Company’s container terminal in Latvia, Baltic Container Terminal, have commenced. The quay will be extended by 57m thus bringing the total quay length to 506m. The extension, which will allow for servicing two large vessels simultaneously, will also significantly speed up operations at the terminal. This project is partly being 50% co-financed by the European Climate, Infrastructure and Environment Agency (CINEA) military mobility project. This is being carried out in conjunction with Riga Freeport Authority under project objective of “Enhancement of the Dual Use Capacity of Riga Port by investment in Road, Railway Access and Berth Infrastructure.” See also: https://rop.lv/en/news/new-projects-strengthen-competitiveness-and-promote-military-mobility-port-riga
Read MoreMariner Finance p.l.c announces the issue of €44 million in unsecured bonds, with a coupon of 5% redeemable in 2032. The bonds have a nominal value of €100 per bond issued at par. More information is available from the prospectus dated 21 November, 2022, which is available for download on https://mfplc.com.mt/bond-issue-eur44000000-5-unsecured-bonds-2032. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the Bonds offered and admitted to trading on the Official List of the MSE. Prospective Investors wishing to acquire Bonds of the Issuer should read the Prospectus before making any investment decision, to fully understand the potential risks and rewards associated with investing in the Bonds. The value of the investment can go down as well as up and past performance is not necessarily indicative of future performance. An investment in the Bonds of the Issuer may not be suitable for all Investors and Prospective Investors are to consult their Financial Adviser so as to ensure the suitability of investing in the Bonds.
Read MoreThe Board of Directors is pleased to announce the appointment of Martin Azzopardi as Chief Operating Officer of Hili Company.
Read MoreHili Company’s container terminal in Albania, Mariner Adriatic, have taken delivery of an additional reach stacker for full container handling, thus providing a more efficient service to its customers.
Read MoreHili Company’s container terminal in Albania, Mariner Adriatic, has gone live with Navis N4Saas terminal operating system.
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