latest news releases from the newsroom
Knightsbridge Tankers Limited
Knightsbridge Tankers Limited Extends Forward Time Charter Cover
HAMILTON, Bermuda, June 23, 2006 (PRIMEZONE) -- Knightsbridge Tankers Limited ("Knightsbridge" or the "Company") (Nasdaq:VLCCF) is pleased to announce it has entered into new time charter agreements for its two very large crude carriers, ("VLCCs") TI Ningbo and TI Qingdao. The two VLCCs, which are currently time chartered to Tankers International LLC, will commence their new time charter employment directly after the current charters expire in the first half of 2007.
Wastech, Inc. Retains CLX & Associates, Inc.
CHARLESTON, S.C., June 23, 2006 (PRIMEZONE) -- Wastech, Inc. (Pink Sheets:WTCH) (the "Company") announced today that it has retained CLX & Associates, Inc. ("CLX") to consult the Company with a range of marketing services, including strategic planning, investor relations, web development and public identity.
MorphoSys Announces Expansion of Collaboration With Novartis
MARTINSRIED, Germany, June 23, 2006 (PRIMEZONE) -- MorphoSys AG (Frankfurt:MOR) (Prime Standard Segment:TecDAX) announced an expansion of its existing therapeutic antibody collaboration with Novartis. The original collaboration agreement provided for a three-year term with an option for Novartis to extend. The collaboration will now go through May 2011. In light of the expanded collaboration, MorphoSys is currently reviewing the status of its financial guidance 2006 and will provide an update latest by July 28, 2006, the presentation of its Q2 results.
Port of Houston Authority
PHA Commission Considers New Electricity Bids
HOUSTON, June 23, 2006 (PRIMEZONE) -- The Port of Houston Authority Commission (PHA) will consider a proposal allowing the port authority to advertise for and accept bids for deregulated electric power for all PHA facilities at its public meeting at 1:30 p.m. on Monday, June 26, 2006 in the board room at the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. If approved, the measure would authorize the PHA to spend an estimated $3.75 million a year for a three year period on electricity.