 Bharati Shipyard earns more in Q3 Bharati Shipyard Ltd has posted a net profit of Rs 33 crore in the third quarter of the current fiscal, as against Rs 32 crore in the corresponding quarter of 2008-09, showing a rise of 3 per cent. Income from operations jumped up by 38 per cent to Rs 319 crore. However, a 64 per cent rise in interest payments of Rs 23 crore and a 39 per cent increase in cost of materials, totalling Rs 179 crore, affected the company’s net profit. Also, since the government did not renew its policy to subsidise shipbuilders for foreign orders secured after August 2007, Bharati’s subsidy income fell to Rs 17 crore in the October-December quarter from Rs 24 crore in the year-ago period.Source : Exim News Service - Mumbai, Jan. 31
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Monday, February 1, 2010
Bharati Shipyard earns more in Q3
Sphinx Egypt sits well within Worldwide Project Consortium
The Worldwide Project Consortium has welcomed Sphinx Egypt Ltd. Co to its specialist global logistics network.
WWPC General Manager, Kevin Stephens, based in Queensland, Australia, said today (December 11, 2006) Sphinx Egypt, with offices in Cairo and Alexandria, had more than 20 year’s experience delivering outstanding service along the important transport artery between Egypt and Europe.
“Sphinx Egypt has an expert team that ensures the Worldwide Project Consortium is well positioned to maximise opportunities in one of the most dynamic emerging markets in the world,” Mr Stephens said.
“The Worldwide Project Consortium has an enviable track record of success that can help meet the logistics needs of a diverse range of clients, particularly those working on large oil and gas projects in the Middle East region.”
Mr Stephens said Sphinx Egypt Ltd. Co. was headed by Dr. Naim Amen and had substantial experience in custom clearance and freight forwarding, particularly large-scale projects throughout Egypt including heavy lifts and oversize cargo.
WWPC members will be gathering in Cape Town, South Africa, from March 29-30, 2007 to attend the annual Partnering for the Future Conference. More than 100 participants are expected to attend.
Major sponsors at the conference included Rickmers-Linie GmbH, Germany; Volga-Dnepr (UK) Limited; Air Partner plc, U.K.; Macs Maritime, South Africa; Beluga Chartering GmbH, Germany; and Sun Communications PR and Media, Australia.
Source Press Release
WWPC General Manager, Kevin Stephens, based in Queensland, Australia, said today (December 11, 2006) Sphinx Egypt, with offices in Cairo and Alexandria, had more than 20 year’s experience delivering outstanding service along the important transport artery between Egypt and Europe.
“Sphinx Egypt has an expert team that ensures the Worldwide Project Consortium is well positioned to maximise opportunities in one of the most dynamic emerging markets in the world,” Mr Stephens said.
“The Worldwide Project Consortium has an enviable track record of success that can help meet the logistics needs of a diverse range of clients, particularly those working on large oil and gas projects in the Middle East region.”
Mr Stephens said Sphinx Egypt Ltd. Co. was headed by Dr. Naim Amen and had substantial experience in custom clearance and freight forwarding, particularly large-scale projects throughout Egypt including heavy lifts and oversize cargo.
WWPC members will be gathering in Cape Town, South Africa, from March 29-30, 2007 to attend the annual Partnering for the Future Conference. More than 100 participants are expected to attend.
Major sponsors at the conference included Rickmers-Linie GmbH, Germany; Volga-Dnepr (UK) Limited; Air Partner plc, U.K.; Macs Maritime, South Africa; Beluga Chartering GmbH, Germany; and Sun Communications PR and Media, Australia.
Source Press Release
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