Ashmore sees assets jump to £26bn

first_imgThursday 14 October 2010 4:15 am John Dunne Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Tags: NULL Show Comments ▼ whatsapp Share Emerging markets fund manager Ashmore saw assets jump 18 per cent in the first quarter to an estimated £26.2bn – fuelled by Asian retail investors.Assets under management had been forecast to rise up to 10 per cent to £24.6bn at the end of September.the company said that it had net inflows of £2.1bn, and positive investment performance of £1.8bn.The firm had a 145 per cent increase in assets under management on a multi-strategy theme and also saw strong inflows into its currency hedging and overlay strategy, with assets up 71 epr cent compared with the fourth quarter. Ashmore sees assets jump to £26bn last_img read more

Will the Melrose share price recover in 2021?

first_imgWill the Melrose share price recover in 2021? Zaven Boyrazian owns shares in Melrose. The Motley Fool UK has recommended Melrose. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The Melrose Industries (LSE:MRO) share price took an enormous hit at the start of the pandemic. But now that the vaccine rollout is progressing relatively quickly, it’s back on the rise. And over the last 12 months, it has nearly doubled. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The company has yet to make a complete recovery. But the question is, can it return to its pre-pandemic levels this year?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The business and the impact of Covid-19I’ve previously explored Melrose’s business model. But as a quick reminder, it works similarly to private equity firms. Using its ‘Buy, Improve, Sell’ strategy, it identifies companies within the engineering sector that aren’t living up to their full potential. Melrose then acquires them and begins making necessary improvements to maximise their profitability. And after a few years, it looks to sell them on as much stronger and more valuable businesses.The pandemic has and continues to disrupt many industries. But the aerospace sector has been particularly hit hard by Covid-19. And unfortunately, Melrose has considerable exposure to it. The firm recently published full-year results for 2020, and the impact of the pandemic was made perfectly clear. Total revenue fell by 20%, while losses came in at £523m. So why is the Melrose share price going up?The rising Melrose share priceDespite these seemingly poor results, upon closer inspection, there are some encouraging signs of growth. The increase in losses is not too concerning to me. Why? Because the management team stated in advance that it had adjusted its strategy to focus on cash generation rather than profits in 2020.While this resulted in dividends being cut, shareholders gave their blessing. And it seems to have worked. Free cash flow increased by 6% to £628m, despite the unfavourable operating environment. This helped bring down total debt by around 25% and ensured R&D budgets weren’t compromised. As a result, Melrose appears to be in a much stronger financial position, despite reporting a massive loss – quite an unusual achievement. So I’m not surprised to see its share price rise.In terms of its enterprises, only the civil aerospace portion of Melrose’s portfolio seems to be struggling. Its automotive and power metallurgy divisions both saw margins and sales improve. Meanwhile, the company is also disposing of its Nortek Air Management business for $3.6bn. It originally acquired Nortek in 2016 for $2.8bn. But considering this business generated around $1bn of cash flow, it effectively places the purchase price at $1.8bn. In other words, the investment generated 15% annualised returns for the last five years. That’s not bad at all if I say so myself.The bottom lineOverall, Melrose looks in relatively good health, with plenty of cash to see it through the remainder of the pandemic. What’s more, with travel restrictions beginning to ease, its civil aerospace division may soon be returning to growth.Having said that, I don’t believe the Melrose share price will return to its pre-pandemic levels in 2021. Nortek generated around 13% of the revenue stream last year, which is obviously going to disappear when the disposal is complete. But the sale proceeds will ultimately be used to pay down debts, contribute to pension funds, and the excess will be returned to shareholders. Therefore, I won’t be selling my shares any time soon. See all posts by Zaven Boyrazian Simply click below to discover how you can take advantage of this. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Zaven Boyrazian | Monday, 17th May, 2021 | More on: MRO Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997”last_img read more

Here are 3 dividend stocks to buy for a passive income

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Rupert Hargreaves The Motley Fool UK’s Top Income Stock… Rupert Hargreaves owns shares in British American Tobacco. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Enter Your Email Address I think owning stocks and shares is one of the most straightforward ways of generating a passive income. As such, I’m always on the lookout for dividend stocks to add to my portfolio. Here are three such companies I would buy to generate a passive income.Income stocksThe first company on my list is water supplier United Utilities (LSE: UU). This firm has become an income champion thanks to its steady revenue stream.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As consumers will always need access to fresh water, I think the business will always generate a steady stream of profits, a percentage of which can be returned to investors. At the time of writing, the stock supports a dividend yield of 4.3%. It also has a long track record of increasing its dividend in line with inflation.That’s why I would buy the company for my portfolio of passive income investments.However, the company also faces some risks, which could impact its dividend credentials. These include the threat of regulation and higher costs. If Ofwat decides to reduce the amount of profit United Utilities is allowed to earn, the group’s profits could fall. This may force management to reduce the dividend. Passive incomeAnother company on my list of income stocks to buy is cigarette producer British American Tobacco (LSE: BATS). At the time of writing, this stock offers a dividend yield of 7.7%.This market-beating yield reflects the risks facing the business. For example, smoking is a well-known cause of cancer, and governments worldwide are always trying to think of new ways to reduce consumption.It may only be a matter of time before outright bans are introduced in some of the company’s largest markets. This could have a devastating impact on its profitability. Management would almost certainly cut the dividend in this scenario. However, we’ve known about the risks of smoking for decades. So far, this has had a limited impact on tobacco consumption. Indeed, a recent report suggests cigarette consumption is at an all-time high. Therefore, I would buy the company for my portfolio of income stocks, although I’m aware not all investors may be comfortable owning a tobacco producer. FTSE 100 income championThe final company I would buy for my portfolio is Legal & General (LSE: LGEN). I think this passive income champion has similar qualities to United Utilities. The financial giant manages pension and life insurance policies for millions of people.As such, it has to operate conservatively and not take excessive risks. These products also generate a steady stream of revenues and profits for the group. I think this stream of profits can support the group’s 6.1% dividend yield. That’s why I would buy the stock today. That sais, a critical risk facing the business is the possibility of another financial crisis. In the last financial crisis, the company had to slash its dividend as it took heavy losses. Unfortunately, there’s no guarantee the same won’t happen again.  Here are 3 dividend stocks to buy for a passive incomecenter_img Image source: Getty Images Learn how you can grab this ‘Top Income Stock’ Report now Our 6 ‘Best Buys Now’ Shares Rupert Hargreaves | Sunday, 30th May, 2021 | More on: BATS LGEN UU We think that when a company’s CEO owns 12.1% of its stock, that’s usually a very good sign.But with this opportunity it could get even better.Still only 55 years old, he sees the chance for a new “Uber-style” technology.And this is not a tiny tech startup full of empty promises.This extraordinary company is already one of the largest in its industry.Last year, revenues hit a whopping £1.132 billion.The board recently announced a 10% dividend hike.And it has been a superb Motley Fool income pick for 9 years running!But even so, we believe there could still be huge upside ahead.Clearly, this company’s founder and CEO agrees. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Cops and Nazis work hand-in-hand

first_imgHundreds of anti-fascists gathered in Newnan, Ga.Newnan, Ga. — Hundreds of anti-fascists gathered in Newnan, Ga., on April 21 in opposition to a rally held by a neo-Nazi group known as the National Socialist Movement. The large anti-racist crowd was multinational, multigenerational and consisted of both local residents and people who came from around the region to frustrate the Nazis’ attempt to organize and propagate white supremacy.In contrast to the large, diverse crowd, it is estimated that roughly 25 to 30 Nazis were in attendance. With the heinous acts of violence in Charlottesville last August fresh in the country’s consciousness, anti-racists made sure to come out in large numbers to send a clear message to white supremacists that while their racist and anti-immigrant agenda is supported by the state and reactionary segments of society, including President Trump, the masses at large will drown them out and shut them down.The Greenville Street Park was enclosed by an 8-foot metal fence, double barricades and a line of shoulder-to-shoulder rifle-carrying police. The hundreds across the street who chanted down the vile hate speech emanating from the park had to enter at designated checkpoints to be frisked. People were only allowed to bring a cellphone into this “protest pen.” No signs or even water bottles were allowed.Many other anti-fascists chose to stay in the streets, keeping their bullhorns, signs and banners, and confronting the some 700 heavily armed police from 42 different agencies, including various city, county and state forces. All downtown intersections were barricaded, armored vehicles carried reinforcement troops, and drones and helicopters circled overhead. This large group persisted in marching through downtown Newnan, their banners and signs denouncing white supremacy, as they chanted, “No Nazis, No KKK, No Fascist USA.”An early example of the repressive government force was that multiple police vehicles pulled up within minutes of a group of anti-fascists gathering at a corner. Confronting the protesters, police pulled youth off the sidewalk, slammed individuals to the ground and handcuffed them, as others pointed their assault rifles at the unarmed crowd.During the course of the day, at least 10 protesters were violently arrested for wearing masks or happening to rub an officer the wrong way. Clearly, their mandate to “protect and serve” did not go beyond the fascists.Such jack-booted tactics reflect the true role of the police in the maintenance of capitalism and white supremacy. As always, they are an occupying army in working-class communities of color. It should come as no surprise that the “boys in blue,” who kill people of color regularly and with impunity, would defend their brown-shirted brothers. The brutal arrests of anti-racists lay bare the relationship of the state to the order of white supremacy. In the words of the anti-fascists, “The cops and the klan go hand in hand!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

City of Derry Airport records major increase in passengers

first_img WhatsApp Pinterest Gardai continue to investigate Kilmacrennan fire Google+ Further drop in people receiving PUP in Donegal WhatsApp Pinterest City of Derry Airport records major increase in passengers Facebook Twitter By News Highland – March 5, 2011 Man arrested on suspicion of drugs and criminal property offences in Derry center_img Facebook Google+ Previous articleObjection lodged against Fruit of the Loom site redevelopmentNext articleNorth West MEP wants more Indpendents in Seanad News Highland Newsx Adverts The number of people using City of Derry Airport increased by more than nine per in February.Passenger numbers rose to 26,465.The manager of City of Derry Airport, Damien Tierney, said it was a very steady start to the year.[podcast]http://www.highlandradio.com/wp-content/uploads/2011/03/airr4pm1.mp3[/podcast] 365 additional cases of Covid-19 in Republic Main Evening News, Sport and Obituaries Tuesday May 25th Twitter 75 positive cases of Covid confirmed in North RELATED ARTICLESMORE FROM AUTHORlast_img read more

Teaching unions call for Christmas holidays to be brought forward

first_img Pinterest Google+ Twitter Derry draw with Pats: Higgins & Thomson Reaction Second level teaching unions are calling for the school Christmas holidays to be brought forward to boost morale.Schools are due to finish up on December 22nd, but some unions want the break moved to Friday December 18th, so students and teachers can restrict their movements before visiting elderly relatives.Education Minister Norma Foley yesterday ruled out any elongated Christmas break.But Teachers Union of Ireland General Secretary Michael Gillespie says they want to feel safe over Christmas:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/11/teachers10.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Harps come back to win in Waterford WhatsApp By News Highland – November 18, 2020 Pinterest Previous articleKeeping an ‘eye’ on Oldtown Bridge not good enough – McMonagleNext articleDeveloper behind Meenbog Wind farm urged to halt plans News Highland Facebookcenter_img WhatsApp News, Sport and Obituaries on Monday May 24th AudioHomepage BannerNews DL Debate – 24/05/21 Teaching unions call for Christmas holidays to be brought forward Journey home will be easier – Paul Hegarty Google+ RELATED ARTICLESMORE FROM AUTHOR FT Report: Derry City 2 St Pats 2 Twitterlast_img read more

Marilyn Jones named tourism ‘employee of the year’

first_img Published 11:00 pm Tuesday, August 21, 2012 Sponsored Content Pike County Sheriff’s Office offering community child ID kits By The Penny Hoarder Book Nook to reopen Stamps is a familiar personality in Pike County, as well as around the state.“It’s easy for larger cities like Birmingham and Montgomery to get recognition but Marilyn truly has been an asset is helping bring smaller communities like Troy and Brundidge to the forefront in the area of tourism,” said Shelia Jackson, Troy tourism director.“She has been instrumental in helping put together brochures that highlight events in Troy and Brundidge and in providing advice for obtaining Tourism funding for these publications.”Stamps serves as the lead coordinator for Alabama Tourism’s Road Trip campaign. Marilyn Jones named tourism ‘employee of the year’ Marilyn Jones Stamps, publications manager for the Alabama Department of Tourism, has been named the 2012 Employee of the Year by the Alabama Tourism Department.Marilyn Jones Stamps is the publications manager for the Alabama Department of Tourism, and has been named Employee of the Year.The award was presented during a ceremony at the 2012 Governor’s Conference on Tourism at the Grand Hotel and Spa in Point Clear Tuesday night.The award was presented by Lee Sentell, tourism director. Email the author Latest Stories “These Alabama ‘Road Trips’ are designed for day and overnight trips and encourage Alabama residents to take advantage of all our state has to offer. These ‘Road Trips’ are tourist stops as well,” Jackson said.Troy and Brundidge are featured among the “Road Trip” promotions and that is huge, Jackson said.“Any time that your city is featured in a statewide publication, that’s good for your community and your area,” she said. “‘A Walk Through Time in Troy and Brundidge,’ which is feature in the Road Trip publication, will bring our communities into the spotlight. We appreciate all that Marilyn does to promote communities throughout Alabama.“She is very deserving of this award. She loves Alabama and it shows in all that she does. We appreciate her and we congratulate her.”Stamps has worked for the tourism department for the past 26 years and with the state for 34 years.As the publications manager, she oversees the print and online production of the Alabama Vacation Guide, the Alabama Calendar of Events and numerous brochures, including ones for the Alabama Civil Rights Trail and Historic Alabama.After assuming the role of calendar editor, she grew the events listing from a small pamphlet with less than 300 entries to a comprehensive 96-page guide that features more than 1,500 annual and special events.Stamps has also been instrumental in promoting the Year of the Food, Year of History and Year of Small Towns and Downtowns.She was recognized at the Tourism Employee of the Year in 2000 and has served on various boards and committees. She was recently appointed to the board of the Black Heritage Council of Alabama.She is a graduate of Auburn University in Montgomery with bachelor of arts degree in public relations and journalism. She also has an associate degree in business from Alabama Christian College. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Remember America’s heroes on Memorial Day Plans underway for historic Pike County celebration By Jaine Treadwell Sentell said Stamps has been a valuable asset to the department for more than 25 years and has an uncanny tenacity for showcasing the best the state has to offer.“No one does anything alone,” Stamps said. “I’m blessed to have always had a family who loves me, a director who has motivated me and employees who have worked with me to promote the best that Alabama has to offer.“I’m deeply humbled by this award and so appreciative of it. It is a blessing for me to serve the state that I love, my Sweet Home, Alabama.” Troy falls to No. 13 Clemson Print Article You Might Like Focus on food during Ala. restaurant week In conjunction with the Year of Alabama Food, the Alabama Bureau of Tourism and Travel is pulling together final plans… read more Skip Penny Hoarder Issues “Urgent” Alert: 6 Companies Are…last_img read more

Diurnal, seasonal, and annual trends in tropospheric CO in Southwest London during 2000–2015: Wind sector analysis and comparisons with urban and remote sites

first_imgAmbient carbon monoxide (CO) and meteorological parameters measured at the Egham (EGH) semi-rural site in SW London during 2000–2015 have permitted wind sector analysis of diurnal and seasonal cycles, and interpretation of long-term trends. CO daily amplitudes are used as a proxy for anthropogenic emissions. At EGH, morning and evening peaks in CO arise from the dominant contribution of road transport sources. Smaller amplitudes are observed during weekends than weekdays due to lower combustion emissions, and for mornings compared to evenings due to the timing of the development and break-up of the nocturnal inversion layer or planetary boundary layer (PBL). A wavelet transform revealed that the dominant mode of CO variability is the annual cycle, with apparent winter maxima likely due to increased CO emissions from domestic heating with summer minima ascribed to enhanced dispersion and dilution during the annual maximum of PBL mixing heights. Over the last two decades, both mitigation measures to reduce CO emissions and also a major switch to diesel cars, have accompanied a change at EGH from the dominance of local diurnal sources to a site measuring close to Atlantic background levels in summer months. CO observed in the S and SW wind sectors has declined by 4.7 and 5.9 ppb yr−1 respectively. The EGH CO record shows the highest levels in the early 2000s, with levels in E and calm winds comparable to those recorded at background stations in Greater London. However, since 2012, levels in S-SW sector have become more comparable with Mace Head background except during rush-hour periods. Marked declines in CO are observed during 2000–2008 for the NE, E, SE (London) and calm wind sectors, with the smallest declines observed for the S, SW and W (background) sectors. For the majority of wind sectors, the decline in CO is less noticeable since 2008, with an apparent stabilisation for NE, E and SE after 2009. The EGH CO data record exhibits a similar but slower exponential decay, but from a much lower starting concentration, than do CO data recorded at selected monitoring sites in urban areas in SE England. CO/CO2 residuals determined using a 1 h window data in the diurnal cycle demonstrate a clear decline in CO from 2000 to 2015 during daily periods of increased vehicle traffic, which is consistent with a sustained reduction in CO emissions from the road transport sector.last_img read more

Russia Postpones Delivery of SSN Nerpa to India

first_img View post tag: postpones Share this article View post tag: SSN January 17, 2012 Russia will hand over SSN Nerpa to India for lease on Jan 23, said an informed Indian military source on Jan 14.“The parties have signed all appropriate documents, and acceptance panel has finished its work. The date of flag-hoisting ceremony to be held in the Far East is set on Jan 23. When the blanket hiding the sub’s new name – INS Chakra – is pulled off, the submarine will head for Indian coast. The journey will take at least 20 days. Indian crew is already working in the sub backed up by ten Russian submariners”, said the source of Interfax.Earlier on, an informed source told that Russia would lease SSN Nerpa to Indian Navy on Jan 19. According to the $650-mln contract, Russia leases nuclear-powered submarine Nerpa to India for 10 years.SSN Nerpa was supposed to join Indian Navy in 2008. However, during sea trials in Nov 2008 an accident happened to the sub due to unauthorized operation of automatic firefighting system; the tragedy claimed 20 lives. Delivery date was revised and then postponed many times because of non-availability of onboard combat systems.In Indian Navy, the submarine will obtain the name of Chakra – that was the first nuclear-powered submarine leased by the Soviet Union to India in 1988 for 3 years.Project 971I Schuka-B (known in NATO as Akula) SSN Nerpa is a third-generation submarine armed with torpedoes, rocket torpedoes, and Granat cruise missiles with flight range of 3,200 km. Due to restrictions provided by international agreements on missile technology non-proliferation, a submarine leased to India must not be armed with long-range missiles. For this reason, the sub has 300-km Club-S missile system instead of Granat.Displacement is 8,140/12,770 tons; max speed is 30 knots; test depth is 600 meters; endurance is 100 days; crew is 73 men. In total, 15 subs of this project have been built since 1984.In 1988 India took on lease Soviet SSN K-43 Chakra (Project 670 Skat) for 3 years. In 1991 the lease term was over and Soviet government declined to prolong the leasing contract, allegedly, under coercion of the US Administration.[mappress]Naval Today Staff, January 17, 2012; Image: RusNavy View post tag: India View post tag: News by topic View post tag: Naval Russia Postpones Delivery of SSN Nerpa to India View post tag: ‘Nerpa’ Back to overview,Home naval-today Russia Postpones Delivery of SSN Nerpa to India View post tag: Navy View post tag: Russia Industry news View post tag: DELIVERYlast_img read more

ITS Andrea Doria Represents Italy at IDEX

first_img View post tag: ITS Andrea Doria Share this article View post tag: Represents March 6, 2015 View post tag: NAVDEX; middle east View post tag: Italy View post tag: IDEX Back to overview,Home naval-today ITS Andrea Doria Represents Italy at IDEX center_img View post tag: Navy ITS Andrea Doria Represents Italy at IDEX View post tag: Naval Italian Navy’s ITS Andrea Doria, moored at Abu Dhabi Mina Zayed Port, has participated at the 12th edition of the International Defence Exhibition and Conference (IDEX) and the Naval Defence and Maritime Security Exhibition (NAVDEX).At the end of a 6 month deployment as EU anti-piracy Mission Atlanta flagship, the unit has set sail from the Somali Basin towards Hormuz, to represent the Italian Navy at IDEX 2015.Among a number of events organized as a welcome addition to IDEX, a visit from the Italian Minister of Defence, Senator Roberta Pinotti, and business meetings with Italian enterprises in the U.A.E were held. The vessel’s commanding officer, Captain Angelo Virdis, also visited the recently inaugurated shipyards at the Ethiad Ship Building, thought as a joint venture between Italian and local firms to earn a chance to become a hub for maintenance and crew training for the units built here.This international stage has given destroyer Andrea Doria a chance to showcase all her and the Italian Navy’s potential.[mappress mapid=”15320″]Image: Italian Navy View post tag: News by topic Authoritieslast_img read more