Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Prima Marine PCL (SET:PRM) Debuts Confident of Continued Growth



Expanding Fleet to Boost Capacity, Driven by Surging Regional Oil Demand

BANGKOK, Sept 14, 2017 - (ACN Newswire) - Prima Marine PCL (SET:PRM), Thailand's largest marine transport services provider, debuted on the Stock Exchange of Thailand (SET) today, welcomed by investors. Management hopes to increase the PRM fleet over the next three years as it seeks to expand support across the region, while introducing new routes and meeting increasing demand for transport vessels for oil, petroleum and petrochemicals, amid the increasing demand for oil generated by ongoing growth in the Asia-Pacific region.

Mr Chanwit Anakkul, the Chief Executive Officer (CEO) of PRM, which also provides transport vessels in support of offshore exploration & production and manages an entire fleet serving both domestic and overseas clients in the Asia-Pacific region, said that after a well-received IPO of 650m shares at 8 baht, trading began successfully on the SET today, trading as high as 11.30 baht.

Anakkul explained that the company plans to increase its capability in the transport and storage of crude oil, petroleum products, semi-finished oil products and liquid petrochemicals, as well as improve support for offshore exploration work and petroleum production, and the management of fleets. Major plans to expand the fleet between 2017-2019 include:

- Nine transport vessels of 3,000-10,000 DWT each, with a projected cost of THB 2.340 billion, giving the company an increased transport capacity of 3.800 billion litres a year, and;

- Eleven large transport vessels comprising a 14,000 DWT ship, a Medium Range (MR) vessel, a Large Range (LR) vessel, an Aframax tanker and a Very Large Crude Carrier (VLCC), handling growth in the transport business, and supporting its marine transport and FSU business. The value of this project is THB 6.890 billion, expecting to increase the transport volume by another 16.700 billion litres per year.

- Expansion of the marine transport and FSU business, increasing the capacity to store oil, with the purchase of another Four vessels. The project is worth THB 4.200 billion, meeting the growth of the marine transport and storage industry for crude oil and petroleum products in South-East Asia.

- The purchase of Two floating, storage and offloading (FSO) vessels for oilrigs. Total project value is around THB 1.090 billion, meeting the growth of offshore exploration and production in Thai waters as well as in the neighboring countries of South-East Asia.

"As of 30 June, we had 24 vessels. We seek to increase the number continuously over the next three years to improve our potential in oil and liquid petrochemicals transport, both quantitatively and qualitatively, as well as expand our boundaries with new shipping routes such as those from Thailand to Myanmar, China and Japan. We will also expand our client base, especially from neighboring countries in South-East Asia with good growth prospects," said the CEO.

Mr Manpong Senanarong, Managing Director of Kasikorn Securities PCL, in his capacity as financial adviser and co-lead underwriter, added that PRM, "possesses more than 30 years' experience in the business. This allows the firm to manage its fleet to cope with the growing oil demand in the Asia-Pacific region. It has also adopted a plan to increase its liquid petrochemical transport activities. Its post-IPO debt-to-equity (or D/E) ratio is expected to drop from the existing level of about 2," he added.

Miss Veena Lertnimitr, Executive Vice President, Siam Commercial Bank PCL, on behalf of SCB Securities Co Ltd, co-lead underwriter for the IPO, noted PRM's bright growth prospects as the company sought to enlarge its fleet while oil demand in the Asia-Pacific region was growing at 3% annually. She added that world demand reached a new high of 1.557 billion tonnes the previous year, which would contribute positively to the company's future growth, while the company's annualized revenue growth rate over the past three years (2014-16) stood at 11%.

Distributed by MT Multimedia Co Ltd for Prima Marine PCL:
Wasana ("Jeab") Wongsiri
Tel +66 2612 2081 #131
Mobile +66 08 4359 0659
E-mail: wasana.w@mtmultimedia.com

Source: Prima Marine PCL

Copyright 2017 ACN Newswire . All rights reserved.

About ACN Newswire
Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
First, let's outline a frame of reference for multithreading and why we may need to use a thread pool. A thread is an execution context that can run a set of instructions within a process - aka a running program. Multithreaded programming refers to using threads to execute multiple ta...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud t...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a fu...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is t...
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process t...
As organizations abandon the waterfall method of software development for Agile, many are stuck in what Hasan Yasar terms Water-Scrum-Fall. That is, the organization has not effectively embraced Agile and DevOps principles and remains in silos with no links to business goals. Enter Dev...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE