Category Archives: Oceania

Australia had mixed fortunes in the men's and women's finals at the 2019 International Wheelchair Basketball Federation Asia Oceania Championships in Pattaya, as hosts Thailand secured their 2020 Tokyo Olympic Games ticket.

In the men's tournament, Australia overcame South Korea 62-45 to clinch the overall title, with Shaun Norris grabbing 26 points in leading the Australians to victory.

Gim Dong Hyeon top-scored for Korea with 20 points, but it was in vain as Australia claimed the Championship glory.

Both sides had already sealed Olympic qualification by reaching the last four, and it was hosts Thailand who had most at stake on the final day of competition in Pattaya.

Thailand faced China in the fifth-placed playoff, with Australia, South Korea and Iran already booking their Tokyo 2020 ticket alongside hosts Japan.

Jumjarean Aekkasit was their key player, contributing 40 points in their 75-60 triumph.

In the women's final, China prevented an Australian double in Pattaya with a crushing 53-31 victory.

Lin Suiling top-scored with 15 points, as China retained their title.

Japan earned the bronze medal by defeating hosts Thailand 85-22.

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Australia win IWBF Asia Oceania Championship, as Thailand book Tokyo 2020 berth - Insidethegames.biz

Last Friday we rejoiced with the return of our favourite BAFTA-winning travel show, Cruising with Jane McDonald, which is back for a new four-part series on Channel 5.

Last week, Jane delighted us with a ten-day Great Lakes and French Canada cruise with Victory Cruise Lines, stopping at the likes of Cleveland, Ohio; Toronto, Ontario; Quebec City and Port Weller, along the way.

This week, the Queen of Cruise returns to our screens, but this time she is being hosted by Oceania Cruises on a voyage from Rome to Malaga.

The cruise line hosted Jane on board its luxurious 1,250-guest ship, Marina, earlier this year, and the episode charts her exciting voyage aboard the vessel, which will be undergoing a multi-million dollar re-inspiration next year, as part of the companys ambitious OceaniaNEXT programme.

Senior vice president and managing director, EMEA of Oceania Cruises, Bernard Carter, commented:

We are delighted to have this fantastic opportunity to showcase the incredible Oceania Cruises experience to a national TV audience. It was a pleasure to host Jane on board Marina, and we are thrilled she had such a great time, both on board and exploring ashore.

We at Oceania Cruises take pride in offering the finest cuisine at sea, and this programme really highlights the incredible epicurean experiences available both on board our ships, and in the different destinations we visit.

Following in Janes footsteps, British cruise guests can be among the first people to enjoy Oceania Cruises Marina next summer following her revamp, with sailings taking place from Southampton to the Mediterranean or around the British Isles in June and July 2020.

On-board enhancements include an all-new coffee bar area, new lounge on deck 14 boasting sweeping sea-views, and a Victoria Arduino espresso machine dubbed the Rolls Royce of Coffee.

Marinas 200 Concierge and 244 Veranda staterooms, along with the 124 Penthouse Suites, have also been updated with new soft furnishings and carpeting.

Oceania Cruises is also launching no-fly European voyages on Marina in 2020. Setting sail from Southampton, the ship will visit iconic ports renowned for their epicurean delights.

Carter added: Itineraries beginning and ending in Southampton are perennially popular with our British customers. Without the bother of flying, having to negotiate airports, or worrying about luggage limitations, a Southampton departure means your holiday starts sooner!

Episode two of Cruising with Jane McDonald, The Mediterranean Riviera, airs on Friday 6 December at 9pm.

Visit oceaniacruises.com for more information on its ships and itineraries.

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Jane McDonald Will Be Hosted by Oceania Cruises in Second Episode of New Series - World of Cruising

Could Oceania Healthcare Limited (NZSE:OCA) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. On the other hand, investors have been known to buy a stock because of its yield, and then lose money if the companys dividend doesnt live up to expectations.

Oceania Healthcare yields a solid 4.3%, although it has only been paying for two years. A high yield probably looks enticing, but investors are likely wondering about the short payment history. When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable.

Click the interactive chart for our full dividend analysis

Dividends are typically paid from company earnings. If a company pays more in dividends than it earned, then the dividend might become unsustainable hardly an ideal situation. So we need to form a view on if a companys dividend is sustainable, relative to its net profit after tax. Looking at the data, we can see that 63% of Oceania Healthcares profits were paid out as dividends in the last 12 months. This is a fairly normal payout ratio among most businesses. It allows a higher dividend to be paid to shareholders, but does limit the capital retained in the business which could be good or bad.

We also measure dividends paid against a companys levered free cash flow, to see if enough cash was generated to cover the dividend. With a cash payout ratio of 173%, Oceania Healthcares dividend payments are poorly covered by cash flow. Paying out such a high percentage of cash flow suggests that the dividend was funded from either cash at bank or by borrowing, neither of which is desirable over the long term. Oceania Healthcare paid out less in dividends than it reported in profits, but unfortunately it didnt generate enough free cash flow to cover the dividend. Cash is king, as they say, and were Oceania Healthcare to repeatedly pay dividends that arent well covered by cashflow, we would consider this a warning sign.

As Oceania Healthcare has a meaningful amount of debt, we need to check its balance sheet to see if the company might have debt risks. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. Net debt to EBITDA is a measure of a companys total debt. Net interest cover measures the ability to meet interest payments. Essentially we check that a) the company does not have too much debt, and b) that it can afford to pay the interest. With a net debt to EBITDA ratio of 18.36 times, Oceania Healthcare is very highly levered. While this debt might be serviceable, we would still say it carries substantial risk for the investor who hopes to live on the dividend.

Net interest cover can be calculated by dividing earnings before interest and tax (EBIT) by the companys net interest expense. Oceania Healthcare has EBIT of 10.14 times its interest expense, which we think is adequate. Despite a decent level of interest cover, shareholders should remain cautious about the high level of net debt. Rising rates or tighter debt markets have a nasty habit of making fools of highly-indebted dividend stocks.

Before buying a stock for its income, we want to see if the dividends have been stable in the past, and if the company has a track record of maintaining its dividend. The dividend has not fluctuated much, but with a relatively short payment history, we cant be sure this is sustainable across a full market cycle. During the past two-year period, the first annual payment was NZ$0.042 in 2017, compared to NZ$0.047 last year. Dividends per share have grown at approximately 5.8% per year over this time.

The dividend has been growing at a reasonable rate, which we like. Were conscious though that one of the best ways to detect a multi-decade consistent dividend-payer, is to watch a company pay dividends for 20 years a distinction Oceania Healthcare has not achieved yet.

While dividend payments have been relatively reliable, it would also be nice if earnings per share (EPS) were growing, as this is essential to maintaining the dividends purchasing power over the long term. Its good to see Oceania Healthcare has been growing its earnings per share at 54% a year over the past five years. Earnings per share are sharply up, but we wonder if paying out more than half its earnings (leaving less for reinvestment) is an implicit signal that Oceania Healthcares growth will be slower in the future.

When we look at a dividend stock, we need to form a judgement on whether the dividend will grow, if the company is able to maintain it in a wide range of economic circumstances, and if the dividend payout is sustainable. First, we think Oceania Healthcare has an acceptable payout ratio, although its dividend was not well covered by cashflow. Next, earnings growth has been good, but unfortunately the company has not been paying dividends as long as wed like. In sum, we find it hard to get excited about Oceania Healthcare from a dividend perspective. Its not that we think its a bad business; just that there are other companies that perform better on these criteria.

Companies that are growing earnings tend to be the best dividend stocks over the long term. See what the 4 analysts we track are forecasting for Oceania Healthcare for free with public analyst estimates for the company.

We have also put together a list of global stocks with a market capitalisation above $1bn and yielding more 3%.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.

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Is Oceania Healthcare Limiteds (NZSE:OCA) 4.3% Dividend Worth Your Time? - Simply Wall St

In a highly significant move, Pope Francis has appointed the Filipino Cardinal Luis Antonio Gokim Tagle, 62, archbishop of Manila, as prefect of the Congregation for the Evangelization of Peoples. The congregation oversees the work of the Catholic Church in most of the dioceses in Africa, Asia and Oceania, which is around one-third of the worlds 4,000 dioceses.

The Dec. 8 appointment reflects the popes deep desire for a missionary church. It is also a further expression of his outreach to Asia, a continent where two-thirds of the worlds population lives today. Francis has already visited the continent four times and plans to return to it again in 2020.

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Cardinal Tagle is only the second Asian to hold that post, with the other being the Indian cardinal and Holy See diplomat, Ivan Dias who served from 2006 to 2011. He succeeds the Italian Cardinal Fernando Filoni, 73, who has been in that post since 2011, and whom Pope Francis has re-assigned to be Grand Master of the Equestrian Order of the Holy Sepulchre of Jerusalem. Cardinal Filoni succeeds the American Cardinal Edwin OBrien in that role.

The Congregation for the Evangelization of Peoples is one of the big ones in the Roman Curia. It was originally called the Congregation for the Propagation of the Faith (Propaganda Fide) when it was first established by Pope Gregory XV in 1622, but Paul VI changed its name to the current one in 1967. Its task has always been the transmission and dissemination of the faith throughout the whole world, with specific responsibility for coordinating and guiding the churchs diverse missionary efforts and initiatives, as well as the promotion and formation of the local clergy and hierarchies, encouraging new missionary institutes and providing material assistance for the churchs missionary activity. It also plays a central role in the selection of candidates to be bishops in the dioceses under its remit and proposing their names to the pope.

When the congregation was first established 400 years ago, it was given responsibility for administering missions in the territories discovered by the Spanish and Portuguese conquistadors. Some church people outside of Europe say its ecclesiology or ecclesial vision is to an extent still influenced by that history which sees Rome and Christian Europe at the center, outside of which are the territories of Christianity, and the peripheries to be evangelized. They say it has yet to fully absorb the ecclesiological vision of the Second Vatican Council, something that Pope Francis will certainly want to ensure, and his appointment of Cardinal Tagle can be seen in this light too.

The Filipino cardinal arrives in Rome as Pope Francis reform of the Roman Curia is on the threshold of completion and will, it seems, include the incorporation of the Pontifical Council for the New Evangelization into the Congregation for the Evangelization of Peoples.

He was born into a Catholic family in Manila in 1957 to a Filipino father and a mother ofChinese origin. Known to many by the nick-name Chito, he studied philosophy and theology in the capital city of the Philippines. After his priestly ordination, he was sent to do further studies at the Catholic University in Washington D.C., where he earned a doctoral degree in theology. On his return to the Philippines, he was appointed rector of the seminary in his home diocese of Imus, where he also taught theology.

In 2002, St. John Paul II appointed him as bishop of Imus, a diocese of 2.6 million Catholics, with 102 priests, various Religious communities andCardinal Tagle later saidvery many good laypeople as co-workers.

A star communicator, at that time he hosted hour-long television programs in the Philippines during which he shared insights on the Scripture readings for Mass and answers viewers questions on the Bible and faith. Then, beginning in 2007, he hosted the talk show Light Talk, for which he often invited professionals and young people to discuss current issues. He presented the churchs perspective.

In 2011, Pope Benedict XVI appointed the then 54-year old charismatic churchman as archbishop and spiritual leader of 2.8 million Catholics in Manila, the capital city of this south-east Asian country with more than 7000 islands which today has a population of 109 million people, the overwhelming majority of whom are Catholic. Benedict created him cardinal in 2012 during the last consistory of his pontificate, enabling him to participate in the 2013 conclave that elected Pope Francis.

The Filipino cardinal has impressed bishops from around the world with his joy, insightfulness and vision and on three successive synods of bishops he was elected to the council, which is usually a strong signal that he is highly esteemed by his peers.

Cardinal Tagle is very close to Pope Francis and fully shares his synodal vision of a missionary church and his concern for the poor, which is also reflected in his own lifestyle. That closeness was visible when Francis visited the Philippines, Jan. 15-19, 2015, and celebrated Mass for the victims of Typhoon Yolanda in Tacloban and then in Manila attended by some six million people, the largest number ever at a papal Mass. It was particularly evident when Francis celebrated Mass in Manila cathedral.

Since May of 2015, Cardinal Tagle has been president of Caritas Internationalis, a confederation of 165 Catholic relief, development and social service organizations operating in more than 200 countries and territories worldwide. In that role he has traveled widely across the globe, visiting some of the areas with great humanitarian crises. It is not clear if he will continue in that role give his new responsibilities.

The appointment of Cardinal Tagle is the second major nomination to the Roman Curia made by Pope Francis in the last quarter of this year. On Nov. 14, he named the Spanish Jesuit Juan Antonio Guerrero Alves as the new prefect of the Secretariat for the Economy, and he is expected to make other top-level Vatican appointments in the coming months.

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Pope Francis appoints Cardinal Tagle to head Congregation for the Evangelization of Peoples - America Magazine

The new-look Martinis lounge aboard Oceanias Insignia is brighter, smarter and more contemporary, but it retains its persona of a plush private club.

The revamped observation lounge Horizons now boasts 270-degree panoramic views without having lost its country club ambience. Miami-based design company Studio DADO has given the interior lighter woods and marble, new carpets, fabrics and wallpaper, and a colour palette of marine-inspired blues and soothing soft greys and silver.

Complementing it all is the carefully curated art collection, most of which has been handpicked by Frank Del Rio, the CEO of Norwegian Cruise Lines Holdings, who is said to be an avid art fan with impeccable attention to detail. And there has certainly been no restraint, as around a million dollars was splashed out on the new artworks alone.

So, is Insignia, one of Oceanias stalwarts, better than new after an amazing refurbishment or a re-inspiration, as theyre calling it?

The bar that we set was to make the ship better than new, says Harry Sommer, president international of NCL Holdings.

One of Insignias most spectacular changes is the show-stopping Grand Lobby. Framed by intricate railings and balustrades inset with crystal accents, the dramatic, sweeping staircase is now looked over by a dazzling tiered chandelier and, on the wall, a soaring verre glomis, a mirror-like panel gilded with precious metal.

Horizon Lounge on the Oceania Insignia

The abundance of reflective surfaces coupled with a bold contrast of light and dark hues and geometric patterns recall the glamour of Art Deco and wandering the ship feels like stepping into an F. Scott Fitzgerald novel.

As for the suites and staterooms, every single one has been completely transformed with lavishly upholstered headboards, bespoke furnishings and conveniences such as new bedside USB ports. Overall, the accommodation now boasts a welcoming, residential feel and this is down to Studio DADO successfully fulfilling the brief to create a home away from home for the guests on Insignia.

The plush Owners Suite has a hint of 1930s sophistication about it, with rich high-gloss woodwork, monochrome bed linen and cushions, and polished light fixtures, but it is also an oasis of relaxation, made even better by floor-to-ceiling windows and a sprawling teak terrace.

Standing out for its serene olive accents is the Penthouse Suite, whereas the Veranda and Oceanview Staterooms feature sleek cobalt blue tones. The modern bathrooms bask in the glow of their new lighting, jewel-like fixtures and gleaming marble and onyx, with one of the highlights being the bi-folding glass shower doors not a single shower curtain remains on the ship.

Another major change in the Grand Dining Room is impossible to miss. At the restaurants centre now hangs the second of Insignias glittering chandeliers, made even more impressive when you discover every one of its crystals was hung by hand.

The suite onboard Oceania Insignia

Theres new artwork here too, and the carpet and upholstery on the chairs have been replaced. Its a grand place to dine and experience the gourmet cuisine curated by world-renowned chef Jacques Ppin. As part of the lines OceaniaNEXT initiative, an extensive plant-based menu is now available alongside the usual dishes, in an effort to reflect guests evolving palates and heightened focus on wellness.

Every restaurant onboardInsignia is complimentary, and other dining options include the buffet-style Terrace Caf, where guests can dine inside or al fresco, and the laid-back Waves Grill, specialising in all-American favourites just a few steps from the swimming pool. More upmarket in feel are Italian eatery Toscana, with its custom-designed Versace china, and high-end steakhouse Polo Grill. Both benefit from an expanse of glorious full-length windows, so panoramic sea views can be enjoyed alongside delicious fare.

Some areas on board were left untouched, which was put down to their timeless appeal. The library, for example, is reminiscent of an old English country manor. Around 2,000 books and periodicals line dark wooden shelves, deep leather armchairs tempt relaxation and a grand marble fireplace sits under a ceiling mural of colourful birds perched on luscious treetops.

The pool deck on the Oceania Insignia

The Canyon Ranch Spa is still a haven of relaxation offering a variety of spa treatments. The Pool Deck, crowned with a heated pool, two whirlpool spas and luxe sun-loungers, makes a great outdoor hangout, while two boutiques, a casino, The Card Room and the Insignia Lounge a hub of live entertainment make up the rest of the main indoor spaces.

Injecting more than $145 million into renovating its four Regatta-class ships as part of the fleet-wide OceaniaNEXT initiative, the cruise line aims to retain the intimacy and comfort of the fleets popular guest areas while adding a large dose of elegance and a splash of something different along the way; retaining the elements cruise line guests know and love, while making them even better.

Insigniawas the first to undergo the re-inspiration treatment, followed by Sirena. Regatta went into its makeover in September after its Alaska season, and Nautica will follow in June 2020 after all, work of this magnitude cant be rushed.

Collectively, the four ships will be the proud owners of 12,000 new sofas and chairs, 8,000 new light fixtures, 1,368 new suites and staterooms, and 1,400 new marble bathrooms, with the work of 1,000-plus artisans and craftsmen playing a part in the extensive overhaul.

So, is Insignia better than new? According to Sommer, who was at the ships launch 21 years ago, It looks better today than it did then. From the magnificent grand lobby to the chic, stylish staterooms, Insignia has undergone a glamorous, elegant transformation that wows.

CRUISE LINE: Oceania Cruises

VESSEL: Insignia

MAX PASSENGER CAPACITY: 684

TOTAL CREW: 386

PASSENGER DECKS: 9

ENTERED SERVICE: 1998/ 2014/ 2019

FACILITIES: Swimming pool, library, bars, restaurants, spa.

BOOKINGS: oceaniacruises.com

Highs: Fresh, elegant new decor, including crystal chandeliers. Great food in all-complimentary dining venues.

Lows: Extremely high onboard gratuities.

Best for: Couples who like good food and style in an informal setting at a reasonable price.

This story was originally published on Cruise International and was republished here with permission.

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Something old, something new - the refurbished Oceania Insignia - Cruise Passenger

The first-ever OFC Futsal Champions League will kick off tonight in Auckland.

The league champions from Fiji, New Caledonia, New Zealand, Solomon Islands, Tahiti and Vanuatu will fight it out over four hectic days, to crown the first Oceania champion.

The tournament kicks off Thursday 5th December at 16.00 local New Zealand time. The busiest days are the middle ones with both 6th and 7th seeing every team play twice a day.

The teams will then be pitted against each other based on the league table after those five games, with the top two contesting the grand final.

Futsal is a very popular across the Pacific and the recent OFC Futsal Nations Cup has proved how competitive the teams are across our member associations, OFC Competitions Director Chris Kemp told the OFC website.

Im confident the first ever OFC Champions League tournament will again deliver a keenly contested, entertaining and high quality competition throughout the four days,

The competing teams will be AFF Futsal (New Zealand), AS Pirae (Tahiti) DYork Street (Vanuatu), Kooline FC (Solomon Islands), Suva FC (Fiji) and AS PTT Noumea (New Caledonia).

See the full schedule in the picture at the top of the article.

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Historic Futsal tournament kicks off - Football in Oceania

DUBLIN--(BUSINESS WIRE)--The "Liquids Storage Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Terminals" report has been added to ResearchAndMarkets.com's offering.

The report provides terminal name, operator name, commodity stored and storage capacity for all active, planned, announced, and decommissioned liquids storage terminals in the region by country for the period 2013-2023.

China, with it's planned and announced (new-build) terminals, is set to drive most of the liquids storage capacity growth in Asia and Oceania. The country is expected to account for 59% of the regions' total capacity growth between 2019 and 2023. China is likely to have a new-build liquids storage capacity of 22.3 million cubic meters (mmcm) by 2023.

In China, 10 planned and two announced liquids storage terminals are expected to start operations during the forecast period. The Zhanjiang IV terminal, which is expected to start operations in 2022, will have the highest liquids storage capacity among all the terminals with 7.0 mmcm.

Following China, Indonesia is the second highest contributor to the liquids storage capacity growth in Asia and Oceania with a new-build capacity of 6.1 mmcm by 2023. Of the total capacity, 4.5 mmcm is likely to come from early-stage announced projects and the rest is from planned terminals.

India is the third-highest contributor to the liquids storage capacity growth in Asia and Oceania. The country is expected to witness start of operations of 18 planned and announced liquids storage terminals by 2023 with a total capacity of 3.3 mmcm. Mandvi will have the highest liquids storage capacity of 0.8 mmcm. It is expected to start operations in 2022.

Planned and announced (new-build) storage terminals capacity additions and existing capacity expansions by key countries in Asia and Oceania were also included. The report also provides capital expenditure outlook by key countries, year on year, from 2019 to 2023. Further the report also offers recent developments and latest awarded contracts at country level, wherever available.

Scope

Reasons to buy

Key Topics Covered:

1. List of Tables & Figures

2. Introduction

2.1. What is this Report About?

2.2. Market Definition

3. Asia and Oceania Liquids Storage Industry

3.1. Asia and Oceania Liquids Storage Industry, Snapshot

3.1.1. Asia and Oceania Liquids Storage Industry, Overview of Active Storage Terminals Data

3.2. Asia and Oceania Liquids Storage Industry, Storage Operations

3.2.1. Asia and Oceania Liquids Storage Industry, Storage Capacity by Key Countries, 2013-2023

3.3. Asia and Oceania Liquids Storage Industry, Overview of Planned and Announced Storage Terminals Data

3.4. Asia and Oceania Liquids Storage Industry, Planned and Announced Liquids Storage Terminals, and Capital Expenditure by Country

3.4.1. Asia and Oceania Liquids Storage Industry, Planned and Announced Liquids Storage Terminals

3.4.2. Asia and Oceania Liquids Storage Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Storage Terminals

3.4.3. Asia and Oceania Liquids Storage Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Storage Terminals by Key Countries

3.5. Asia and Oceania Liquids Storage Industry, New Storage Terminals and Capacity Expansions by Key Countries

3.5.1. Asia and Oceania Liquids Storage Industry, Storage Capacity Additions through New and Existing Storage Terminals by Key Countries, 2019-2023

3.5.2. Asia and Oceania Liquids Storage Industry, Capacity Additions through New Storage Terminals by Key Countries, 2019-2023

3.5.3. Asia and Oceania Liquids Storage Industry, Capacity Additions through Expansions of Existing Storage Terminals by Key Countries, 2019-2023

4. Asia and Oceania Liquids Storage Industry, China

4.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in China, 2013-2023

5. Asia and Oceania Liquids Storage Industry, Japan

5.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Japan, 2013-2023

6. Asia and Oceania Liquids Storage Industry, South Korea

6.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in South Korea, 2013-2023

7. Asia and Oceania Liquids Storage Industry, India

7.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in India, 2013-2023

7.2. Recent Developments

7.2.1. Mar 11, 2019: India Seeks Saudi Investment in Strategic Oil Storage

7.2.2. Nov 12, 2018: ISPRL Signs MoU with ADNOC to Explore Storage of Crude Oil at Padur Underground Facility in Karnataka

7.2.3. Jun 27, 2018: Indian Cabinet Approves Establishment of Additional 6.5MMT Strategic Petroleum Reserves at Chandikhol in Odisha and at Padur, Karnataka

7.2.4. May 21, 2018: India Receives 1st Cargo of ADNOC Crude Oil for its Mangalore Strategic Petroleum Reserve

7.2.5. May 12, 2018: Indian Petroleum Minister Witnesses Loading of 1st ADNOC Crude Oil Consignment for Mangalore SPR Facility at Abu Dhabi, UAE

7.3. Recent Contracts

7.3.1. Motiprabha Infratech Secures Contract worth INR8.411 Million (US$0.121 Million) from Indian Oil Corp (IOCL)

8. Asia and Oceania Liquids Storage Industry, Indonesia

8.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Indonesia, 2013-2023

8.2. Recent Contracts

8.2.1. FES International Secures Contract from Orwell Offshore Consortium

9. Asia and Oceania Liquids Storage Industry, Singapore

9.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Singapore, 2013-2023

10. Asia and Oceania Liquids Storage Industry, Malaysia

10.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Malaysia, 2013-2023

10.2. Recent Developments

10.2.1. May 14, 2019: Commencement of Construction of Terminals and Facilities for Phase 3 Pengerang Deepwater Terminals, and Entry into Long Term Storage Agreement with BP Singapore

10.2.2. Oct 15, 2018: Crude Oil Storage Tanks, Designed and Constructed by Punj Lloyd, Enter 'Malaysia Book of Records'

10.3. Recent Contracts

10.3.1. BMT Secures Contract from Dialog Group

10.3.2. Equinor Signed an Agreement with Global Petro Storage (GPS) to Build and Operate a Liquefied Petroleum Gas (LPG) Terminal and Storage Facility at Port Klang in Malaysia.

10.3.3. Penta-Ocean (Malaysia) Secures Contract from Dialog E & C

11. Asia and Oceania Liquids Storage Industry, Australia

11.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Australia, 2013-2023

11.2. Recent Contracts

11.2.1. McDermott International Secures Sizable Contract from Puma Energy (Australia) Fuels

11.2.2. Jacobs Engineering Secures Contract from Puma Energy (Australia) Fuels

11.2.3. UGL Secures Contract Extension worth Approximately AUD150 Million (US$116.27 Million) from Australian Terminal Operations Management (ATOM)

12. Asia and Oceania Liquids Storage Industry, Vietnam

12.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Vietnam, 2013-2023

13. Asia and Oceania Liquids Storage Industry, Pakistan

13.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Pakistan, 2013-2023

13.2. Recent Developments

13.2.1. Apr 12, 2018: Adviser to PM on Aviation Division Mr. Sardar Mehtab Ahmed Khan Inaugurates Country's Largest Fuel Farm Facility Jointly Set up by PSO and APL at New Islamabad International Airport

14. Asia and Oceania Liquids Storage Industry, Myanmar

15. Asia and Oceania Liquids Storage Industry, Thailand

16. Asia and Oceania Liquids Storage Industry, Philippines

17. Asia and Oceania Liquids Storage Industry, Bangladesh

18. Asia and Oceania Liquids Storage Industry, Sri Lanka

19. Asia and Oceania Liquids Storage Industry, Brunei

20. Asia and Oceania Liquids Storage Industry, Taiwan

21. Asia and Oceania Liquids Storage Industry, New Zealand

22. Asia and Oceania Liquids Storage Industry, Papua New Guinea

22.1. Asia and Oceania Liquids Storage Industry, Storage Capacity in Papua New Guinea, 2013-2023

22.2. Recent Developments

22.2.1. Dec 17, 2018: OSD: Successful Commissioning of Erima Fuel Terminal in Port Moresby

23. Asia and Oceania Liquids Storage Industry, Afghanistan

24. Asia and Oceania Liquids Storage Industry, Nepal

25. Asia and Oceania Liquids Storage Industry, Mongolia

26. Asia and Oceania Liquids Storage Industry, Maldives

27. Asia and Oceania Liquids Storage Industry, Cambodia

28. Asia and Oceania Liquids Storage Industry, Samoa

29. Asia and Oceania Liquids Storage Industry, Laos

30. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/pckgfv

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Asia and Oceania Liquids Storage Industry Outlook to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned...

Norwegian Cruise Line is on a mission to be more eco-friendly by removing millions of single-use plastic water bottles from its fleet by Jan. 1, President and CEO Frank Del Rio told CNBC on Monday.

The company expects to replace more than 6 million plastic water bottles each year with refillable and recyclable plant-based cartons.

"We're taking the issue of the environment seriously," Del Rio said in a "Mad Money" interview with Jim Cramer conducted on the newly built ship Norwegian Encore. "We ply the ocean's waters. We do everything we possibly can, through technology [and] through policy procedure, to prevent any kind of pollution in the water or in the air."

The sustainability initiative is powered by Norwegian's partnership with Just Goods, the sustainable packaging company founded by American recording artist and environmental activist Jaden Smith. Just Goods uses 100% spring water and its bottles are made mostly from renewable material, including trees and sugar cane, according to the company.

Norwegian teamed with Just Goods as part of the cruise line's Sail & Sustain Environmental Program, which aims to reduce its carbon footprint and contribution to landfill waste. It follows a wave of companies in a range of industries looking to shore up their sustainability strategies as interest in socially responsible investing grows.

"We're doing it as well on the Oceania region brands with Vero Water," Del Rio added.

Oceania Cruises, one of three brands under Norwegian's portfolio, spent 2019 outfitting its six ships with sparkling-water distillation systems from Vero Water in hopes of cutting use of three million plastic bottles annually.

The Norwegian brand sails 16 ships to almost 300 destinations around the world. The Norwegian Encore, which measures almost 1,100 feet long and can carry nearly 4,000 guests, will embark on its maiden voyage later this month with trips to the Caribbean on its schedule.

The company also has new ships in the pipeline. The four-ship Regent Seven Seas Cruises brand plans to add a vessel in late 2020 and another in 2023. The parent cruise line, Norwegian Cruise, expects to grow its total fleet from 26 to 37 ships by 2027.

Del Rio is bullish about the business' prospects, suggesting economists and investors see the cruise industry as a "leading economic indicator."

"Customers today are buying cruises eight, nine, 10 months into the future. We know what's going to happen and we also know that those who booked eight or nine months ago, and are on board today, they're spending money like there's no tomorrow," he said. "The customer, especially the North American consumer, is alive and well, spending money, and there's no end in sight."

Norwegian, the smallest of the three major cruise companies in the market, reported 3% sales growth in its third quarter. Wall Street expects the company to grow revenue by 5.7% to more than $6.4 billion full-year 2019.

Shares are up more than 22% year to date.

Read more:

Norwegian Cruise Line CEO on partnering with Jaden Smith-founded water company: 'We're taking the issue of the environment seriously' - CNBC

Imagine seeing the planet the entire planet all in one journey. Thats exactly what an around-the-world cruise can offer.

Forget sailing for a week to the Caribbean. These trips can be gone for weeks, and sometimes months, as they sail from port to port, cross oceans, and explore ports of call that are almost never visited by other cruise ships.

As the popularity of cruising has boomed, so too has interest in these trips. Passengers now have their choice of a surprising amount of sailings across multiple cruise lines.

Of course, more sailings means more choices. You can now take sailings ranging anywhere from a few weeks (for a partial around-the-world journey) all the way to 200-day trips that circumnavigate the globe.

Of course, as you would expect taking one of these cruises, its a very different experience than what youd get from a more traditional cruise. Even if youd taken lots of sailings across multiple lines, the nature of sailing for such an extended period means that some things are extremely different.

Here are several things you should keep in mind about sailing on a worldwide cruise.

If theres one thing to know about a worldwide cruise, its that you should expect to clear your schedule. A full around-the-world trip will take at least 100 days, give or take two weeks. Weve even found some trips of 200 days. During that trip youll make stops in dozens of ports as you trek from continent to continent and ocean to ocean.

Want a shorter trip? Around-the-world trips usually have shorter segments that you can also book. So while the complete cruise might take 110 days to circumnavigate, there could be an 18-day segment or a 45-day segment that you could book during that larger trip.

If youve never sailed for longer than a week, these shorter segments might be a good way to dip your toe in the water to see if such a cruise is right for you.

Dont think that taking an around-the-world cruise is going to be on just any cruise line. Most of the big lines like Carnival and Royal Caribbean dont offer these cruises. Instead, youre most likely going to be on smaller, luxury lines like Oceania, Regent, and Crystal Cruises.

One larger line that does offer extended worldwide trips is Princess. If youre worried about how the experience will be aboard a particular cruise line, Princess offers shorter trips that you can take to get a feel for the experience without committing to going on a full around-the-world cruise.

Is stopping in Cozumel or Nassau not really you cup of tea? If not, then you might love taking an extended worldwide trip. While some major ports are visited, many are smaller, out of the way places that arent as heavily visited by cruise ships.

For instance, a trip that visits South America will visit Buenos Aires and Rio de Janeiro, but it also Porto Belo, Puerto Madryn, Buzios.

Never heard of these spots? Thats exactly the point. Around-the-world cruises give you the opportunity to explore places where few other travelers visit, giving you a real view of the culture of a region instead of just catering to cruise ships.

Depending on the cruise line and your specific deal, worldwide cruises often throw in a lot of extras. Of course, these extended trips arent cheap but getting freebies can make your cruise a lot more comfortable. Its also nice not to have to worry about being nickeled and dimed when youre on a cruise ship for a month or two.

For instance, we found deals on Oceania Cruises that include your choice of free shore excursions, free beverage package, or free onboard credit with your cruise. Their deal also took care of gratuities, onboard medical care, free Internet, and more.

Not every line will have these free, but these sorts of deals are out there.

Many of the headlines about cruising revolve around the newest and biggest ships. If youre used to the mega-ships, know that around-the-world cruises are going to be on smaller vessels. After all, there arent near as many people taking 60-day cruises across the Pacific as people taking a week to sail the Caribbean.

For example, Princess Cruises sails the Pacific Princess, which is only about 600-feet long and carries about 700 passengers. Oceanias Insignia, which sails a 200-day cruise, is about the same size.

Now, not every cruise ships that sails worldwide cruises is this size, but in general the ships are much smaller than the new mega-ships that are introduced each year. This will give you a better opportunity to get to know your other passengers as youll be spending lots of time with just a few hundred people.

If you were traveling on your own to a country requiring a visa, then its up to you to figure everything out that you need. On a worldwide cruise, you at least have some help. The cruise line will be knowledgeable on what you need to do to get all squared away before you travel.

That makes it much easier to navigate the complex web of rules and requirements for visiting so many countries on a worldwide trip.

Even if you were to book a land-based tour that lasted the same length of time as an around-the-world cruise, theres no way that youd be able to visit the wide variety of places youll see when you sail.

The biggest issue with traveling around the world is transportation. Flights, buses, and trains are an exhausting way to get from place to place. But with a ship, you can move from port to port without the same hassles.

While you dine, visit with other passengers, or sleep comfortably in your bed, youre taken to your next destination. Thats much better than having to try to sleep in an airplane seat as you fly from country to country. It leaves you feeling refreshed as you greet each day with a new port of call.

First things first, dont think that your around-the-world cruise is going to be light on your pocketbook. An Owners Suite on a 200-day trip aboard Oceania Cruises can run upwards of $160,000 per person before taxes and fees. Obviously there are cheaper cabins available, as well as less expensive cruise lines.

As a rule of thumb, you can expect to spend at least $10,000 for two people to sail on a cruise thats at least a month long. Prices can rise dramatically from there depending on cabin type, cruise line, and length of trip.

Theres no denying that the cruises are pricey, but when you compare them to the cost of airline tickets, hotels, food, and more that it would cost you to replicate the trip on your own, its actually not that bad of a deal.

In fact, if you want to truly travel the world, its likely among the cheapest ways to do so while still being in comfort.

The good news is that the Internet has made communicating back home easier than ever. Meanwhile, Internet service is available on the ship, as well as in port. That makes it easier than ever to keep in touch back home.

Even so, you should be prepared to have some homesickness when youre on an extended worldwide cruise. Away for so long means you will inevitably miss some of the people back home. And even if you can keep in touch, dont forget about the comforts of home. Sometimes you miss your favorite shows, or your neighborhood restaurant, or even the taste of your coffee at home.

Keep this in mind and realize that bringing some creature comforts with you on your cruise can make you feel a little better and not so far from home when youre on the other side of the world.

So many things today are done completely online, including buying a cruise. And while you might have booked a shorter cruise completely online, wed suggest having a travel agent or speaking with a booking agent with the cruise line to get your trip scheduled.

Around-the-world cruises are a much bigger investment of time and money than a traditional trip and theres a lot that you might have questions about.

The good news is that every cruise line and booking agency will have people that can help guide you through the booking process, tell you more about the trip, and answer any questions you might have. We suggest getting help before you booking to make sure you know what to expect before you book that ticket.

Have more questions about what its like to sail around the world on a cruise? Let us know in the comments below.

Read more:

Around-the-World Cruises: 10 Must-Know Things About These Trips of a Lifetime - Cruzely.com

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand Oceania Healthcare Limited (NZSE:OCA).

Oceania Healthcare has a ROE of 7.4%, based on the last twelve months. One way to conceptualize this, is that for each NZ$1 of shareholders' equity it has, the company made NZ$0.07 in profit.

View our latest analysis for Oceania Healthcare

The formula for return on equity is:

Return on Equity = Net Profit Shareholders' Equity

Or for Oceania Healthcare:

7.4% = NZ$45m NZ$610m (Based on the trailing twelve months to May 2019.)

Most readers would understand what net profit is, but its worth explaining the concept of shareholders equity. It is all earnings retained by the company, plus any capital paid in by shareholders. Shareholders' equity can be calculated by subtracting the total liabilities of the company from the total assets of the company.

Return on Equity measures a company's profitability against the profit it has kept for the business (plus any capital injections). The 'return' is the amount earned after tax over the last twelve months. That means that the higher the ROE, the more profitable the company is. So, as a general rule, a high ROE is a good thing. That means ROE can be used to compare two businesses.

Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. Importantly, this is far from a perfect measure, because companies differ significantly within the same industry classification. As is clear from the image below, Oceania Healthcare has a lower ROE than the average (11%) in the Healthcare industry.

NZSE:OCA Past Revenue and Net Income, October 20th 2019

That certainly isn't ideal. We prefer it when the ROE of a company is above the industry average, but it's not the be-all and end-all if it is lower. Still, shareholders might want to check if insiders have been selling.

Virtually all companies need money to invest in the business, to grow profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the case of the first and second options, the ROE will reflect this use of cash, for growth. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. Thus the use of debt can improve ROE, albeit along with extra risk in the case of stormy weather, metaphorically speaking.

Although Oceania Healthcare does use debt, its debt to equity ratio of 0.44 is still low. Its ROE isn't particularly impressive, but the debt levels are quite modest, so the business probably has some real potential. Judicious use of debt to improve returns can certainly be a good thing, although it does elevate risk slightly and reduce future optionality.

Return on equity is one way we can compare the business quality of different companies. A company that can achieve a high return on equity without debt could be considered a high quality business. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE.

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But ROE is just one piece of a bigger puzzle, since high quality businesses often trade on high multiples of earnings. The rate at which profits are likely to grow, relative to the expectations of profit growth reflected in the current price, must be considered, too. So you might want to take a peek at this data-rich interactive graph of forecasts for the company.

If you would prefer check out another company -- one with potentially superior financials -- then do not miss thisfree list of interesting companies, that have HIGH return on equity and low debt.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

Read this article:

Based On Its ROE, Is Oceania Healthcare Limited (NZSE:OCA) A High Quality Stock? - Yahoo Finance