first_imgDryShips Inc., a diversified owner and operator of ocean going cargo vessels, announced that it has agreed to acquire one 2013-built Newcastlemax drybulk carrier and one 2017-built Suezmax tanker, each constructed in China.The vessels will be acquired from entities that may be deemed to be affiliates of Mr. George Economou, the Company’s Chairman and Chief Executive Officer, for an aggregate purchase price of USD 93.8 million, including the associated bank debt of USD 50.3 million. The transaction remains subject to documentation and customary closing conditions, and is expected to close in June 2018.The purchase price was determined based on the average fair market value of each vessel as determined by independent third party broker valuations and the transaction was approved by the independent directors of the Company’s board of directors.Sea News, May 30 Author: Priyanka Ann Sainilast_img read more

Posted in ucaajwge

first_imgFrench organisation Warthox Esport and French basketball club Paris Basketball have joined forces for the 2020 season.The partnership will see Warthox become the esports partner of Paris Basketball respectively. Image credit: Warthox EsportRELATED: 2K Games announces NBA 2K20 Global ChampionshipWarthox will be in charge of the creation of Paris Basketball Gaming, an NBA 2K roster that will be competing in the French Pro-Am League among other competitions.Lucas Poher, Founder and President of Warthox Esport, discussed the partnership in a release: “We are very happy to welcome Paris Basketball into our universe. This is a strong signal that demonstrates the rapid growth of Warthox over the last two years. This partnership, combining sport and esports, has been thought out and matured in order to give NBA 2K20 players every chance to shine in their next competitions.”RELATED: NBA 2K League goes international with Gen.G Shanghai franchiseAlexandre “Heat21000” Rochko, Gregg “BartRetro” Vadius, Alge “Algebrike” Roi, Yairi “Yairi_” Ancori, Matan “1029384756” Alkobi, Antoine “B__Royy” Raclot, and Alexandre “Peschou_2k” Peschard will be the first five-man roster to represent Paris Basketball Gaming.Paul Cachera, COO of Warthox, added: “Warthox’s goal is to ultimately become a reference on the French and European Esport scene. We have a lot to learn from Paris Basketball about their training practices, which also apply to esports”.Esports Insider says: With both parties looking to expand their presence in the French esports space, the creation of Paris Basketball Gaming has the potential to cultivate new fans which is always a positive.Subscribe to ESI on YouTubelast_img read more

Posted in oohiwmwh