Clarksons Wraps Up RS Platou Buy

first_imgzoom London-based shipbroker Clarkson PLC has completed its USD 441 million acquisition of the Norwegian RS Platou ASA today.The UK shipbroker said that the number of ordinary shares that Clarksons has in issue is 30,116,758.The acquisition plan was confirmed by Clarkson in November 2014 and approved by Clarksons’ shareholders later in December.“I am delighted to announce the completion of the acquisition of RS Platou ASA and we look forward to welcoming the Platou team into the enlarged group. The priority now is to implement our integration plans and we are excited about the enhanced offering we will be able to provide our clients following the combination of the two businesses,” said Andi Case, Clarkson PLC’s Chief Executive Officer.The Platou Group is Oslo-based international broker and investment bank focused on the offshore and shipping markets, providing  brokerage, financial and advisory services to shipping and offshore companies globally.According to Clarksons, the combination of the groups will create a leading global shipping and offshore services business headquartered in London and employing approximately 1,400 people in 21 countries in key global financial and shipping centres.last_img read more

Students Performing Well in Reading Math Science International Assessments

first_imgNova Scotia students continue to perform above the international average in reading, mathematics and science, according to the latest assessment results. The 2009 Programme for International Student Assessment (PISA), released today, Dec. 7, measured the student achievement of 15-year-olds in 65 countries, including Canada and each of the 10 provinces. Nova Scotia’s best showing was in reading, placing 13th in the world. Nova Scotia students also improved on the national stage, rising from the lower third among provinces to fifth in each of the three subject areas. “Our students are again demonstrating that they are among the best in the world, faring well against many of their counterparts in the United States, U.K. and much of Europe,” said Education Minister Marilyn More. “I congratulate students and teachers and encourage them, and boards, to keep up the good work.” The report found students in Nova Scotia performed at the national average in science, yet below the Canadian average in reading and mathematics. “While this assessment has a lot of good news for Nova Scotia, we need to do better,” said Ms. More. “Our challenge, as always, is to continue to improve within Canada. The financial and enrolment challenges facing our province also underscore the fact that we need to work closely with boards and our other partners to keep ourselves, and our investment in public education, focused on better outcomes for students.” Reading was the main focus of last year’s PISA study. “There was actually little difference statistically between Nova Scotia students and students in other parts of the country in reading,” said Vince Warner, director of evaluation services with the Department of Education. “Only two provinces, Alberta and Ontario, significantly outperformed Nova Scotia students.” Within the Nova Scotia results, the study also found: PISA follows the release of the International Baccalaureate results, which showed Nova Scotia’s IB students outperformed the world in 21 of 27 subject areas, including mathematics, English, biology and physics. The 2009 PISA study was administered to 2,133 students at 72 schools in Nova Scotia in April and May 2009. The assessment, conducted by the Organization for Economic Co-operation and Development, can be viewed at http://www.cmec.ca/Programs/assessment/interstudent/Pages/pisa2009.aspx . girls significantly outperformed boys in reading, while boys outperformed girls in mathematics no significant difference in performance between boys and girls in science French-language students performed below English-language students in reading and science on average, consistent with other minority language students across the country French language students, on average, performed at the same level as English-language students in mathematics. Nova Scotia has the smallest gap in average performance between boys and girls in the country, and the second smallest between language groups in achievementlast_img read more