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A shelf corporation, shelf company, or aged corporation is a company or corporation that has had no activity. [1] It was created and left with no activity – metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a ...
Offshore companies are used for a variety of commercial and private purposes, some legitimate and economically beneficial, whilst others may be harmful or even criminal. Allegations are frequently made in the press about offshore companies being used for money laundering, tax evasion, fraud, and other forms of white collar crime. Offshore ...
The first LNG shipments went to Japan in 1989. Two hundred shipments per year (about one shipment every 1.5 days) in the purpose-built LNG carriers totalling more than seven million tons are made around the world. Markets include sales to long term customers in Japan and spot buyers in China, Spain, South Korea and the United States. [10]
Oil and gas field names follow themes chosen by the companies who originally developed them. [4] An offshore installation on the UK Continental Shelf may comprise a single integrated platform or two or more bridge-linked platforms. Installations are identified by a large black-on-yellow sign on the installation.
A shell corporation is a company or corporation with no significant assets or operations often formed to obtain financing before beginning business. Shell companies were primarily vehicles for lawfully hiding the identity of their beneficial owners, and this is still the defining feature of shell companies due to the loopholes in the global corporate transparency initiatives. [1]
A rare letter signed by three of the Founding Fathers of the United States is going on sale, and is expected to fetch up to $1 million when it goes under the hammer next week.
WASHINGTON (Reuters) -A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore's Francis Scott Key Bridge in March, killing ...
Under the 5-year offshore leasing plan for 2007–2012, the MMS scheduled a lease sale for tracts 50 miles (80 km) or more off the coast of Virginia, to take place in 2011. [41] Five companies applied to the MMS to conduct seismic exploration surveys off the U.S. Atlantic coast.