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President of the Galician government, Alberto Nuñez Feijoo,(Photo: Certo Xornal/CC BY 2.0) Galician Government stops Aquaculture Act discussion SPAIN Thursday, January 28, 2016, 22:30 (GMT + 9) The president of the Galician government, Alberto Nuñez Feijoo, Read more [...] (Jovan Williams/IBD) Stocks Up In Late Trade; Amazon Pops Ahead Of Earnings 1/28/2016 3:11 PM EST As a new uptrend struggled to find its feet on Wednesday, it was a good day for investors to continue... 1/28/2016 3:11 PM EST As a new uptrend struggled to find its feet on... Read more [...] Grupo Financiero Galicia S.A. (NASDAQ:GGAL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports. According to Zacks, “Grupo Financiero Galicia SA. is involved in the Financial Services Industry. Their principal activity is to continue to be a financial and investment services holding company and to fulfill the banking services activities of Banco Galicia. Read more [...] By MarEx 2016-01-27 13:32:35 Spanish Coast Guard assets rescued the 22-member crew of the listing ro/ro Modern Express on Tuesday evening and brought them safely ashore. The Express issued a distress signal when she was 130 nm off Cape Ortegal, Galicia, in the British zone of SAR responsibility for the Bay of Biscay. MRCC Falmouth received the signal and coordinated the response through other agencies. “At no point did we talk to the crew directly during the operation,” Read more [...] The ruling opens the door to damage claims against the captain and the insurer, The London Steamship Owners Mutual Insurance Association, with one prosecutor calling for more than EUR4bn.More than 13 years after oil spill, Mangouras, now 81, was on 26 January convicted of recklessness resulting in catastrophic environmental damage, according to a statement by the court, overturning a previous sentence which cleared him of criminal responsibility. The Supreme Court ruling confirmed the acquittal of Read more [...] Zacks Investment Research upgraded shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from a hold rating to a buy rating in a research report released on Tuesday morning, Analyst Ratings Network.com reports. The firm currently has $29.00 price objective on the stock. According to Zacks, “Grupo Financiero Galicia SA. is involved in the Financial Services Industry. Their principal activity is to continue to be a financial and investment services holding company and to fulfill the banking Read more [...] January 27th, 2016 Sam Chambers Europe, Finance and Insurance, Operations, Tankers 1 comments Array ( [0] = stdClass Object ( [term_id] = 70 [name] = Europe [slug] = europe [term_group] = 0 [term_taxonomy_id] = 70 [taxonomy] = category [description] = Stay updated on what's going on in Europe by browsing the European region news archive. Read more [...] January 27th, 2016 Sam Chambers Europe, Operations 0 comments Array ( [0] = stdClass Object ( [term_id] = 70 [name] = Europe [slug] = europe [term_group] = 0 [term_taxonomy_id] = 70 [taxonomy] = category [description] = Stay updated on what's going on in Europe by browsing the European region news archive. Find the latest maritime Read more [...] By MarEx 2016-01-26 18:11:32 Spain's Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain's northwestern coast in 2002, to two years in prison on Tuesday. The captain, Apostolos Mangouras, was convicted of recklessness resulting in catastrophic environmental damage, according to a statement by the court, overturning a previous sentence which cleared him of criminal responsibility. In Tuesday's ruling, Mangouras was accused of guiding Read more [...] Madrid (AFP) Reversing an earlier decision acquitting the ship’s Greek captain Apostolos Mangouras, the court sentenced the skipper to two years’ jail and also found mutual insurance company The London PI Club liable for the disaster, as well as ship owner Mare Shipping Inc. The total cost of the damage has been estimated at 4.1 billion euros ($4.4 billion) and by designating those liable for the disaster for the first time, Spain’s top court finally opens the way for compensation more Read more [...]

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