Palumbo Wants to Be Uljanik’s Strategic Partner

first_imgItalian Palumbo Group has expressed interest in becoming a strategic partner of Croatian shipbuilder Uljanik. In a letter of intent (LOI) Uljanik received on January 2, 2018, Palumbo said it wants to participate in the process of the shipbuilder’s restructuring and diversification.Uljanik is seeking a loan for the purposes of corporate recovery and restructuring. As part of the restructuring process, a new partner will join the company’s ownership structure.Currently, Palumbo has several shipyards located throughout the Mediterranean. The facilities offer refit, repair and maintenance services for different types of vessels.In December 2017, another company, Croatian Kermas Energija, part of Kermas Group, expressed its interest to become a strategic business partner of Uljanik.Kermas Energija sees the potential strategic partnership as part of an integration between its subsidiary Brodotrogir and one or more European shipyards, according to local media.World Maritime News Stafflast_img read more

Soccer squad prepare for Germany Euro 2016 clash

first_imgThe Irish football and rugby squads will both be involved in training sessions this morning as they prepare for their massive matches against Germany and France respectively.Both coaches will be hoping for positive news from their medical staff on the fitness of key players.After his squad was only limited to a light work-out yesterday, this morning’s training session is Martin O’Neill’s only full tactical session with his players ahead of Thursday’s Euro2016 qualifier against Germany. The fitness of Seamus Coleman will be the main concern for O’Neill and assistant manager Roy Keane, while the management will also deliver an update on the availability of Cyrus Christie and Marc Wilson.Manager Martin O’Neill knows how tough Thursdasy match will be but he says that the side are capable.last_img read more

HiFL 2019: UAM Tillers, UNICAL Malabites Set for Final Today

first_img2018 defending champions, UAM Tillers, and runners up, UNICAL Malabites  are set to face off in the 2019 Higher Institutions Football League Super Four finals, after they both cruised past, OAU  Giants and UNILORIN Warriors respectively, to book their place yet again in the highly anticipated finals of the 2019 Super Four, scheduled for today at  the Agege Township Stadium in Lagos. Meanwhile, UNILORIN Warriors will play OAU Giants in the third place. Speaking about the preparation for the super four, Director, PACE Sports and Entertainment Marketing, Sola Fijabi, said that all is in place for a successful hosting of the Super Four.  “We are witnessing a re-enactment of last year’s final and third-place matches, we are glad about the progress made and the expansion achieved through the season. The  league has gained wider acceptance among higher institutions across the country and has been noted as a game-changer in higher institution sports in Nigeria, our expansion of participating teams to 32 and our all-impactful  Coaching Clinic in Lagos were few of the highlights of the 2019 season for us” Fijabi said In his remark, the President of the Nigerian University Games Association  (NUGA), Prof. Stephen Hamafyelto expressed that the 2019 edition of the higher institutions football league has been nothing but a grand success “At  NUGA, we are committed to ensuring the sustainability of the league, the 2019 edition has been a grand success, we are pleased with the execution and we are committed to ensuring that our students and indeed sports- loving Nigerians continue to enjoy thrilling experiences across the match centers, this excitement will hope to make grander at the finals.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more