(Alliance News) - Global Ports Holding PLC on Thursday said it has agreed to be bought by its largest shareholder, as it reported a swing to an annual profit amid sharply lower cost of sales. Read More
(Alliance News) - Stocks in London are called to open higher on Thursday, ahead of a key inflation reading from the US. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Global Ports Holding PLC on Monday said it is considering a takeover proposal from its majority owner Global Investments Holding. Read More
(Alliance News) - London's FTSE 100 is called to open solidly higher on Monday, recovering some poise after a tricky week, with eyes turning to the Bank of England. Read More
(Alliance News) - Global Ports Holding PLC on Friday said it expects passenger number to continue growing after a strong financial 2024. Read More
(Alliance News) - Global Ports Holding PLC on Tuesday celebrates "remarkable resilience" for the global cruise industry as it raised its guidance for passenger figures. Read More
Global Ports Holding PLC - London-headquartered cruise operator - Says a consortium, in which it holds a 51% interest, has been awarded preferred bidder status for a 15-year concession to operate the new Casablanca cruise terminal, Morocco. Says terms of the concession agreement are being discussed. The new cruise port is set to be completed in time for the 2030 FIFA World Cup, partly hosted in Morocco. Read More
Global Ports Holding PLC - London-based cruise port operator - Signs 50-year agreement with Peel Ports Group's subsidiary, Mersey Docks & Harbour Co Ltd, to operate cruise services at Liverpool Cruise Port. Global Ports expects to take over operations of the port this month and will pay upfront charges, without disclosing financial details. The company plans to invest up to GBP25 million in the ports infrastructure, "which all stakeholders believe should act as a catalyst to unlock the future potential. This investment will include the addition of a new floating dock that will increase capacity and allow for the simultaneous berthing of two 300-metre ships and over 7,000 passengers a day," it says. Adds that the cruise port is well-positioned to participate in the growing northern European, British and Irish cruise markets, alongside having good airport connectivity. Read More
Global Ports Holding PLC - London-based cruise port operator - Says its subsidiary San Juan Cruise Port LLC successfully reaches financial closing of the public-private partnership agreement and simultaneously concluded the debt financing for the initial phase of its investment in San Juan Cruise Port in Puerto Rico. The PPP was achieved through the issuance by San Juan Cruise Port of two bonds totalling USD187 million. Global Ports says the company has now taken over cruise operations at the port for Global Ports Holding. Read More
(Alliance News) - Global Ports PLC looks set for further success, said Shore Capital analysts on Tuesday, after the firm swung to profit in its latest half year results. Read More
(Alliance News) - Global Ports Holding PLC on Tuesday announced a swing to profit in its latest half year amid "exceptionally strong" demand, and said it expects "further significant growth". Read More
(Alliance News) - Global Ports Holding PLC on Friday said a surge in the number of people taking cruises gave a boost to adjusted earnings. Read More
Global Ports Holding PLC - cruise port operator - Signs 10-year port concession agreement, with a potential 5-year extension option, with bremenports GmbH & Co KG, on behalf of the German city of Bremen regarding the operations at the cruise terminal Columbusbahnhof Bremerhaven. The cruise facilities are undergoing a multimillion-euro investment by the local authorities, Global Ports Holding says. In 2022, Bremeverhaven cruise port recorded 230,000 passengers. "The location of the port means it is ideally located for Scandinavian and Baltic Sea itineraries," the company says. It expects to take over port operations in the first quarter of 2025. Read More
Global Ports Holding PLC - London-based operator of 27 cruise ports in 14 countries - Reports adjusted earnings before interest, tax, depreciation and amortisation of USD28.6 million in the three months that ended June 30, its financial first quarter. This is up 86% from USD15.4 million a year before. Adjusted revenue rises by 60% to USD43.3 million from USD27.1 million, as passenger numbers at the ports the company directly manages increases by 76% to 3.1 million from 1.7 million. Total revenue is USD53.4 million, up 17% from USD45.7 million. Last month, Global Ports reported a significantly narrowed pretax loss of USD9.5 million for the financial year that ended March 31 from USD44.5 million in financial 2022. Read More
(Alliance News) - Global Ports Holdings PLC said on Friday that it had entered into a subscription agreement with Global Yatirim Holding AS, issuing 5.1 million shares at 206.54 pence each. Read More
(Alliance News) - Global Ports Holding PLC on Monday reported a narrowed annual loss and a surge in passenger numbers as the company benefited from the lifting of global travel restrictions. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More