Ocean Power Technologies Expands Commercial Team With Indonesia-Based Representative

Ocean Power Technologies Expands Commercial Team With Indonesia-Based Representative

Concerns about global demand being dampened by continued spikes in coronavirus infections weighed across markets. For ethylene, the hurricane will result in at least several days of delay in the shipment of cargoes from Houston to northeast Asia. Around 40, tonnes of US supply are slated to load between the second half of August and early September. A buyer is considering booking regional spot supply amid concerns over possible lengthy delays in the delivery of its deep-sea cargoes for second-half September and first-half October delivery. Arbitrage flows from the US to Asia is deemed unviable on paper at least, according to market participants. Demand, however, is not substantially robust, with limited bullish factors in the market for now. Spot naphtha cargoes for October shipments in the form of purchases from South Korea fetched small discounts to spot CFR cost and freight Japan quotes compared with premiums achieved in the previous months. Selling pressure is limited as some units in the US such as Styrolution have shut down to prepare for Hurricane Laura. Market participants are not ruling out the possibility of some short-covering by some northeast Asian participants for October arrivals should logistics in the US take a longer-than-expected time to recover.

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Posted: 27 Aug ; Closing date: transparency for individual suppliers, and working closely with these suppliers to optimize their commercial,​.

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View additional rating details. The class A-3, class A-4 and class A-S certificates are exchangeable certificates. Each class of exchangeable certificates may be exchanged for the corresponding classes of exchangeable certificates, and vice versa. The dollar denomination of each of the received classes of certificates must be equal to the dollar denomination of each of the surrendered classes of certificates.

The ratings of the exchangeable classes would reference the ratings on the associated referenced or original classes. Since Fitch published its expected ratings on Aug. Additionally, based on final pricing of the certificates, class C is a WAC class that provides no excess cash flow that would affect the payable interest on the class X-B certificates. Fitch’s rating on class X-B has been updated to ‘AA-sf’ from ‘A-sf’ to reflect the rating of the lowest referenced tranche whose payable interest has an impact on the interest-only payments.

The classes above reflect the final ratings and deal structure.

Asia’s tectonic demographic shifts

We are excited to have him on board to execute our market expansion strategy and promote our capabilities in this area of the world. In Indonesia and throughout the Asia-Pacific region, OPT is developing new opportunities for protecting territorial waters, fortifying illegal fishing prosecution and prevention, and supporting oil well decommissioning in the area.

In his role, Mr. He also has a Post-Baccalaureate Certificate in geographic information systems and remote sensing from the University of Rhode Island.

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Crude, Asia petrochemical markets calm despite US Gulf shutdowns

Tectonic shifts are taking place in Asia. Asians are getting older, living longer, and flocking to mid-tier cities. Women are having fewer children and working more; households are getting smaller. These population changes are already having an impact on lifestyles and consumer spending. Here we highlight 10 key trends in Asian demographics that businesses and investors in the region should have on their radar.

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