ContourGlobal Closes Innovative Financing with OPIC and IFC for Cap des Biches Power Project and Announces 32 MW Extension

– Innovative Financing Structure Sees IFC Swap 18-year $91 million OPIC USD Financing to Euros – ContourGlobal and Societe Nationale d’Electricite (Senelec) Agree to rapidly add an additional 32 MW to the existing site – Combined 85 MW, $165 million Cap des Biches Project Will Provide Electric Power to 100,000 Senegalese NEW YORK and DAKAR, Senegal, […]


Gift Magzter GOLD Subscription and Join Magzter in Helping to Rebuild Chennai

NEW YORK, NY–(Marketwired – December 18, 2015) – Chennai, the capital city of Tamil Nadu in India, is a sprawling metropolis with a population of more than 10 million people. The city was devastated by multiple cyclones over the past month as well as earlier this month, which resulted in unprecedented flooding — the worst in the past 100 years. More than 300 people lost their lives and thousands have been rendered homeless.

Magzter, the world’s largest digital magazine newsstand, has come up with a plan to contribute towards the rebuilding and rehabilitation of Chennai. In this endeavor, Magzter shall donate Rs 500 to one of the most efficient NGOs in Chennai handling the Chennai Flood relief — Bhoomika Trust, for every Magzter GOLD annual subscription you gift your loved ones. The Bhoomika Trust has been carrying out various welfare activities for the flood victims such as providing them food, ration kits and vessels. You can rest assured that the money Magzter donates to Bhoomika Trust is put to best use for the benefits of Chennai flood victims.

With December being the month of celebrations and gifting, Magzter GOLD would be the most precious gift for your loved ones. They are sure to be delighted with the unlimited access to over 100,000 issues of 3,500+ best-selling international magazines, which spread across 30+ exciting genres. Also, under Family Sharing Plan, one Magzter GOLD subscription can be shared with up to four family members, thereby making it an ultimate unlimited reading subscription for the entire family. The exciting magazines can be read on iPad, iPhone, Android phone and tablet, or on the web. That’s not all! The annual Magzter GOLD subscription is priced at just Rs 3999, and you shall be saving 16% when you gift an annual subscription instead of monthly subscriptions.

This holiday season, gift Magzter GOLD annual subscription as it will not only prove to be a cherishable gift, but will also help in rebuilding and rehabilitation of Chennai, which needs our prayers and aid the most at this point of time. Join hands with Magzter and make a difference in the lives of grief-stricken Chennai flood victims.

About Magzter

Magzter Inc. is the world’s largest and fastest growing self-service, cross-platform digital magazine store and newsstand with over 27 million digital consumers, more than 7,000 magazines from over 3,000 publishers. Headquartered in New York, Magzter has its local presence in London, Paris, Barcelona, Amsterdam, Helsinki, Mexico City, Chennai and Singapore and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine publishers around the world to create and deliver digital editions of their titles to global consumers. Powered by its proprietary OREY Click Publishing® System, that allows publishers to upload their magazines with a single touch, Magzter also enables them to publish interactive/audio-visual content in the magazine as it supports HTML5.

The FREE Magzter app is available on Apple iOS, Android (Google Play), Amazon App Store and Kindle Fire as well as the web with more platforms coming soon. Users can buy their magazines on any of the devices/platforms mentioned above and seamlessly port their purchases to any other devices, a feature unique to Magzter.

Magzter also launched a path-breaking “All You Can Read” subscription service called Magzter GOLD in January 2015, which gives digital readers unlimited access to thousands of magazines for a low monthly price.

The company counts among its publisher customers some marquee names including Hearst (USA), American Media (USA), Bloomberg (USA), Dennis Publishing (UK), Time Inc. UK, Media24 (South Africa), Edipresse Asia (Hong Kong), India Today Group (India), WorldWide Media (India), Maxim Inc. (USA), Black Enterprise (USA), Singapore Press Holdings (Singapore), RBA (Spain) and Grupo Expansión (Mexico). Magzter has been rapidly increasing its publisher base with magazines from over 50 countries including the United States, United Kingdom, Germany, Spain, China, Hong Kong, India, Indonesia, Mexico, Thailand, Philippines, Malaysia, Singapore, etc.; making it truly the #1 choice for magazine readers and publishers globally.

Image Available:


Vijay Radhakrishnan

Co-founder and President


United States



MSC Cruises To Create Exclusive Bahamian Marine Reserve Island Experience For Caribbean Cruise Guests

MSC Cruises, the Geneva-based global cruise line – number one in Europe, South America and South Africa – has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas.

The visionary project was officially launched yesterday afternoon (December 16) in the Bahamian capital Nassau, where Prime Minister Perry Christie and MSC Cruises Executive Chairman Pierfrancesco Vago signed a 100-year lease agreement that will enable MSC Cruises to occupy and develop the island to be called Ocean Cay MSC Marine Reserve.

Over the next two years, MSC Cruises will work hand-in-hand with the Bahamian Government and ecologists to develop the cay, a onetime sand extraction station, into a thriving marine reserve that will harmoniously coexist with the local ecosystem. This is a project that will transform the local economy base from resource exploitation to resource conservation.

In keeping with the company’s commitment to providing absolutely authentic cruise vacations, the island will offer some of the finest beaches in the world, amid an array of Caribbean-inspired experiences.

The family that owns MSC Cruises has more than 300 years of seafaring heritage, which has engendered a deep respect for the ocean that underpins the company’s operations today. MSC Cruises is committed to protecting the waters it navigates. As one of the most ecologically conscious cruise lines in the world, the company will invest approximately $200 million in creating a flourishing natural haven from a desert island.

MSC Cruises Executive Chairman Pierfrancesco Vago commented: “This is a natural progression for our company, which is growing very rapidly, and we are thrilled about providing this totally new experience for our guests in the Caribbean.”

“Ocean Cay MSC Marine Reserve and its exclusive offerings will be a magnificent extension of our shipboard experiences. We ensure every decision we make keeps each of our ships true to the promise of our brand, offering the authenticity and quality our guests expect. This is what made us the leading brand in many of the markets we operate, including across Europe, South America and South Africa. We will apply the same thinking and attention to detail to our Caribbean offering, of which this exclusive marine reserve will become a cornerstone, because we know our guests will be amazed by this industry-unique experience.”

At 95-acres in size and with 11,400 feet of pristine beach front spread across six distinct beaches, Ocean Cay Marine Reserve will be – by a large margin – the biggest island development by any cruise company in the Caribbean. In addition, as the only marine reserve island experience, it will offer a multitude of key distinguishing features.

For example, a purpose-built berth and pier right on the seafront means that MSC Cruises guests will be able to step off the ship straight onto the island. Since a unique part of their visit will be the island’s night life in particular live music and entertainment at the 2,000-seat amphitheatre, and many restaurants and bars, guests moving at leisure between ship and island will be especially convenient. In addition, the ship and all on board services – including the casino – will stay open while berthed at Ocean Cay MSC Marine Reserve.

All installations and experiences on the island, which lies 20 miles (32 km) south of Bimini and just 65 miles (104.5 km) east of Miami, Florida, will be fully sympathetic to the culture and traditions of the Bahamas. A comprehensive landscaping plan will see more than 80 indigenous Caribbean trees, grasses, flowers and shrubs, such as Jamaica Dogwood, Red, Black and White Mangroves, and Beach Morning Glory, expertly planted across the island. There will be an architecturally faithful Bahamian village, plentiful restaurants and bars offering local specialities, a variety of shops and an inviting arrival center with island-themed music gazebo.

For MSC Yacht Club guests, an exclusive spa and wellness sanctuary with private bungalows and massage huts has been designated to the northwest corner of the island.

Also, getting around the island will be a breeze, thanks to a network of walking and running paths, bicycle rentals and other stress-free transport options.

Other highlights such as must-have water sports and beach games include:

A family beach with kids’ restaurant, play areas and other useful facilities

A charming inland lagoon for absolute tranquillity

A thrilling zip wire crossing the island

A pavilion for weddings and celebrations

MSC Cruises plans to break ground on the development in March 2016 and Ocean Cay MSC Marine Reserve will open to guests in December 2017.

The Ocean Cay MSC Marine Reserve project will offer a permanent MSC Cruises presence in the Bahamas, for which the company plans to recruit 240 Bahamians in various roles over 2016 and 2017. The cay will be ideal for all MSC Cruises ships serving the Caribbean region, notably MSC Divina and the under-construction next generation ship MSC Seaside (launching December 2017), both sailing from Miami, plus MSC Opera and MSC Armonia, sailing from Havana, Cuba. In addition, the company will open a crew training school in Nassau to provide local manpower for the growing number of MSC Cruises ships sailing the Caribbean.

In the meantime, on December 15 MSC Cruises announced the opening of sales for the inaugural season of MSC Seaside. Guests aboard MSC Seaside’s maiden voyage from Miami will be the first to visit the island and revel in the location’s abundant offerings. To learn more about MSC Seaside, visit Guest can also contact their local travel agent or call MSC Cruises direct at (877) 655-4655 to be one of the first to book and experience the revolutionary MSC Seaside.

About MSC Cruises

Geneva, Switzerland-based MSC Cruises S.A. is the world’s largest privately-held global cruise line. Since its inception in 2003, the company grew by 800% and is today the fourth largest cruise line in the world, the market leader in Europe and in the Mediterranean as well as in South America and South Africa. MSC Cruises recently announced a $5.4 billion investment plan that includes the construction of up to seven new ships that will see MSC Cruises’ fleet double its current capacity by 2022. In 2014, 1.5 million passengers from over 150 countries vacationed aboard MSC Cruises fleet, one of the youngest at sea. MSC Cruises has offices in 45 countries and employees 16,000 staff globally.

MSC Cruises is the only company in the world to receive the “7 Golden Pearls” award from Bureau Veritas, the global certification agency, in recognition of its high level of quality management and environmental responsibility. The Company has also achieved ISO 9001 and ISO 22000 certification for the quality and food safety of all aspects of its catering, both on shore and on board. MSC Cruises has partnered with UNICEF since 2009, collecting more than $3.5 million from MSC guest donations for UNICEF initiatives.

All information believed to be accurate as of the date of issuance. It is the reader’s responsibility to verify its continued accuracy, as all information is subject to change.

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Global Eagle Entertainment to Deliver Inflight Connectivity on China’s Hainan Airlines and Beijing Capital Airlines

Global Eagle Entertainment Inc., (Nasdaq: ENT) (“GEE”) a worldwide provider of aircraft connectivity systems, operations solutions and media content to the travel industry, today announced a milestone deal with Shareco to launch GEE’s AIRCONNECT inflight connectivity solution aboard ten aircraft operated by the HNA Group of China.

Shareco will lead the commercial and operational planning for the program. GEE will provide its Airconnect inflight connectivity solution aboard five 737NG aircraft operated by Hainan Airlines and five A320 aircraft operated by Beijing Capital Airlines, both of which are part of the HNA Group. Using the Airconnect connectivity platform, together GEE and Shareco will provide passengers on both airlines with a broad range of customized inflight entertainment and connectivity services, including onboard internet access, online shopping and payment, live television, interactive games, on-demand music, movies, TV shows, and destination city services such as connecting gate information, weather, and flight tracking.

GEE will also manage the STC certification process and provide ongoing IFEC technical support on behalf of Shareco and the HNA Group. Hainan Airlines and Beijing Capital Airlines passengers can expect to begin enjoying the advanced inflight entertainment and connectivity services in Q3 2016.

“As the first Chinese company to fund and operate a satellite-based IFC system, Shareco is honored and eager to lead the development of China’s inflight entertainment and connectivity industry with services delivered over Global Eagle’s well-proven, highly certified and flexible connectivity solution,” said Jason Sun, Shareco Chairman. “We are creating a highly unique, personalized passenger experience aboard Hainan Airlines and Beijing Capital Airlines through a collaborative effort with GEE that draws on the deep commercial and technical expertise of Shareco and GEE.”

“Global Eagle is proud to be playing such a key role in support of the HNA Group, Shareco, Hainan Airlines and Beijing Capital Airlines, as together we deploy one of China’s first and most innovative inflight connectivity solutions,” noted Dave Davis, GEE CEO. “GEE has made significant investments in China in recent years. We are beginning to see returns on these investments and there is tremendous future opportunity.”

About Global Eagle Entertainment (GEE)

Global Eagle Entertainment Inc. (Nasdaq:ENT) is a worldwide provider of aircraft connectivity systems, operations solutions and media content to the travel industry. Through the industry’s most comprehensive product and services platform, Global Eagle Entertainment provides airlines with a wide range of in-flight solutions. These include Wi-Fi, movies, television, music, interactive software, as well as portable IFE solutions, content management services, e-commerce solutions and original content development. Serving more than 200 airlines worldwide, Global Eagle Entertainment delivers exceptional quality and value to its customers to help them achieve their passenger experience objectives. The company’s headquarters are located in Los Angeles, California, with offices and teams located in North America, Asia, the Middle East, Europe, Africa, Oceania and South America. Find out more at:

About Beijing Shareco Technologies Co., Ltd. (Shareco)

Beijing Shareco Technologies Co., Ltd. has substantial experience in providing in-flight entertainment related services to Chinese and international commercial airlines. The company’s headquarters is located in Beijing, China, with offices and teams located in Shenzhen and Shanghai. Find out more at:

Forward-Looking Statements

We make forward-looking statements in this press release. These forward-looking statements relate to expectations or forecasts for future events, including without limitation, our earnings, revenues, expenses or other future financial or business performance or strategies, or the impact of legal or regulatory matters on our business, results of operations or financial condition. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to us as of the date they were made, and should not be relied upon as representing our views as of any subsequent date. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation those risks and uncertainties described in our most recent annual report on Form 10-K, as amended, and subsequently filed reports on Form 10-Q, as amended. As a result, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.


Jenelle Benoit

Director, Marketing & Communications

+1 310-321-6612

Kevin Trosian

Vice President, Corporate Development and Investor Relations

+1 310-740-8624

Source: Global Eagle Entertainment Inc