The contract covers the transportation of fuselage sections, designed for the Airbus A350 XWB series and will run over a period of several years. “We are looking forward to this cooperation with Spirit,” said Gerhard Janssen, director Marketing & Sales at Rickmers-Linie. “We are proud to become part of the supply chain for Spirit in its deliveries to Airbus.” Janssen said that the contract shows that the shipping line’s regular scheduled liner services for heavy lifts and project cargoes is sought after by customers.
FILE – In this Oct. 11, 2018, file photo, Evan Sharp, Pinterest co-founder and chief product officer, poses for a photo beside a wall of pegs symbolizing the company logo at Pinterest headquarters in San Francisco. Pinterest plans to raise up to approximately $1.47 billion in its initial public offering. The Digital scrapbooking site said in a Monday, April 8, 2019, regulatory filing that the offering includes about 86.3 million shares, priced between $15 and $17 per share. Pinterest is offering 75 million Class A shares. (AP Photo/Ben Margot, File)NEW YORK | Pinterest, among a gaggle of tech companies planning to go public this year, hopes to raise as much as $1.5 billion in its initial offering of shares.The digital scrapbooking site said in a regulatory filing Monday that it will put about 75 million shares up for sale at a price between $15 and $17 each.That, at the higher end, could put the value of the company at around $9 billion, below the estimated $12 billion value from earlier sales of shares to investors, according to reports two years ago.Already, IPOs from tech companies have dominated headlines this year.The arrival of Lyft late last month did little to diffuse questions about how best to value tech companies with tons of potential, but not much in the way of profits, at least not yet.While Lyft has bounced back from a sell-off that dropped its shares well below its initial offering price, they remain below the heights reached in the flurry of first-day trading.Uber, Lyft’s rival, the messaging app Slack and the video conferencing company Zoom are expected to make their debut soon.Pinterest claims more than 250 million active monthly users and more than 2 billion monthly searches.The platform allows people to search for and “pin” images that interest them, whether it’s fashion, sports, pets or travel.Pinterest has long shunned the label of being a social network. It doesn’t push users to add friends or build connections. That means it’s avoided the privacy tangles that have ensnared companies like Facebook. Pinterest makes advertising revenue when businesses promote pins in users’ feeds.The San Francisco company had revenue of $756 million last year, a 60 percent bump from 2017. It had a loss of $63 million in 2018, compared with a loss of $130 million in 2017.Pinterest was founded in 2010 by Ben Silbermann and Evan Sharp, who are the company’s CEO and chief product officer, respectively.The company has been working on developing its artificial intelligence search, which allows people to take a photo or upload a screenshot of an item and find similar products on Pinterest.Pinterest’s stock will list on the New York Stock Exchange under the “PINS” ticker symbol.