Word: shippings
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...institutions that bought these deals didn't understand them fully," says Barry Silbert, chief executive of SecondMarket, which helps investors buy and sell hard to trade assets. "It is going to be very hard for the government to come in and try to pack up these opaque assets and ship them off to investors." (See the top 10 financial collapses...
...Belize-flagged Ukrainian shipping vessel MV Faina will finally deliver its consignment of Russian tanks, grenade launchers and other small arms to the Kenyan port of Mombassa in the next few days, four months late. The ship's captain is dead. Its crew must be desperate to get ashore after weeks as captives of Somali pirates. And the ship's owners have just paid a record $3.2 million to free their vessel and crew...
...Ukrainian government has repeatedly said that the arms are bound for Kenya. Mykola Malomuzh, the chief of Ukraine's state weapons-exporting agency, Ukrspetsexport, said Kenya had assured the government that it and not South Sudan was the owner of the tanks. "The cargo onboard the ship was transported under a contract between Ukrspetsexport and the Defense Ministry of Kenya," Malomuzh said Thursday...
...Friday, the U.S. Navy's Bahrain-based 5th Fleet, which has deployed ships along the Somali coast to try to clamp down on piracy, said teams had boarded the Faina to provide food and medical help to the 20 crewmen on board. The captain died of a heart attack soon after the capture. "The U.S. Navy has remained within visual range of the ship and maintained a 24-hour, 7-days-a-week presence since it was captured," the 5th Fleet said...
...think they play off of him and play through him. And that for us is an area that we’re very much concerned with.” In the midst of a three-game losing streak, this weekend offers the Crimson a chance to right the ship and climb back up in the Ivy League standings.“They’ve handled the attention and notoriety and all the glitz and glamour that came their way because of a strong performance a little bit ago,” Amaker said. “They?...