In the reporting period, Cecon
's shipbuilding contracts with Canadian shipbuilder Davie Canada, which filed for creditor protection last year, were transferred to a new yard operating company.
The Company declined to accept the plan in mid-July, objecting to its focus on the effects of new pathways into the park and noting that the Company's only responsibility was to comply with Guatemalan law, not to provide funding for the protection of the Maya Biosphere Reserve.(92) Construction of the pipeline was completed by the Company on July 21, 1995.(93) Two weeks later, CECON
wrote to IFC independently, detailing its concerns regarding illegal hunting, forest fires, and a lack of obligatory monitoring activities within the national park.(94)
The project will be executed using Cecon
installation spread on a third party chartered vessel, the company said.
Moraes, P.J., Finger, F.L., Barbosa, J.G., Cecon
22 July 2011 - Struggling Norwegian subsea installation contractor Cecon
ASA (OSL: CECON
) said today it has signed an agreement with shipbuilder Davie Canada to complete the construction of three Cecon
Liebman, The CECON
Group Inc.; Charles Masi, technology journalist; William H.
MAIA, V.M.; SALOMAO, L.C.C.; SIQUEIRA, D.L.; PUSCHMANN, R.; MOTA FILHO, V.J.G.; CECON
, P.R., Yamanaka, C.H., Sedyiama, Viana, A.E.S.
M2 EQUITYBITES-July 22, 2011--Norwegian Cecon
signs agreement to complete vessels at Davie(C)2011 M2 COMMUNICATIONS http://www.m2.com
NORDIC BUSINESS REPORT-March 4, 2011--Norwegian Cecon
in talks to secure financing of newbuildings(C)2011 M2 COMMUNICATIONS http://www.m2.com