AGP Executive Report
Last update: 5 hours agoShipping Finance: Monaco-based Costamare reported third-quarter adjusted net income of $89.4 million and $733.1 million in liquidity, while securing $1.4 billion in vessel financing and reporting $6 billion in contracted containership revenue. Scorpio Tankers posted $127.4 million in adjusted quarterly earnings and declared a $0.75-a-share dividend. Property Rules: New controls are now in force in Monaco-Ville, giving the State first refusal on property sales and tighter oversight of short-term lets, commercial changes and building alterations. Sports Media: SPORTEL Monaco drew 1,962 participants from 73 countries, with 780 companies exploring deals and new opportunities in sports broadcasting, technology and sponsorship. Green Enterprise: Monaco-based Grogenics won the Blue Circle Award for turning Caribbean sargassum seaweed into organic fertiliser.
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