Category: yjiszcvdu

The Asset Factor trio beef up EC Harris offering

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BG exercises option for another KNOT shuttle tanker

first_imgKnutsen NYK Offshore Tankers (“KNOT”) has received a notice from a subsidiary of BG Group plc that BG has exercised its option for an additional Suezmax-size DP2 shuttle tanker newbuilding for operation in Brazil.In connection with the September 12, 2014 contract between KNOT and BG for two Suezmax-size DP2 shuttle tanker newbuildings, BG received an option, for a period of one year, to take up to two more shuttle tanker newbuildings. Following the current exercise of its option for an additional vessel, BG has a remaining option for one more shuttle tanker.The new vessel will be constructed by Hyundai Heavy Industries (HHI) in South Korea, as are the first two vessels.Upon delivery, expected to be in mid-2017, the vessel will start operations under a time charter with BG (this will have a minimum term of 5 years). If BG exercises all extension options, the vessel would operate under this charter for a period of 20 years.KNOT currently owns eight shuttle tankers, which are vessels designed to transport crude oil and condensates from offshore oil field installations to onshore terminals and refineries.last_img read more

MHI Vestas and Verton team up for turbine innovation

first_imgVerton technology, which includes remote-control load orientation solutions, will be integrated into this specialised tooling that will be used to support MHI Vestas’ range of SMART turbine products. Specifically, the tool will handle SMART Dampers, which have been designed to reduce fatigue loads. Managing director of Verton, Trevor Bourne, said: “Working on offshore sites is difficult enough and is further complicated using taglines to control loads during lifting operations. Our Columbus 7.5 SpinPod will be capable of precisely controlling the orientation of the custom lifting yoke and its load, including setting and holding a desired orientation, even under the most challenging conditions. “Our remote-control solution completely removes the need for taglines and for workers to be near the landing area of loads, greatly improving safety and reducing the number of workers required. The precise orientation control will also enable lifting operations to be completed faster, which is very important in an environment where every minute saved is highly valuable,” he added. read more

Magistrates decide 3,000 fare dodgers’ fates on a laptop

first_imgA ‘revolutionary’ digital sentencing system, in which magistrates armed with laptops have been tackling fare dodgers, will be extended to large public service organisations who prosecute cases.The government today announced that more than 3,000 fare dodgers have been sentenced following a paperless operation at Lavender Hill Magistrates’ Court in London.The system was developed by HM Courts & Tribunals Service and Transport for London. TfL no longer has to manually process and physically deliver case papers to the court. Instead, prosecution evidence is electronically transferred directly to the court. The cases are then considered by a magistrate and legal adviser on a laptop. The government said this frees up court time to focus on more serious cases.Plans to digitise less serious cases, such as fare dodging, were unveiled in the government’s 2016 Transforming our Justice System paper.Justice minister Dominic Raab said: ‘Using smart technology to punish fare dodgers swiftly and effectively is just one example of how our courts’ reform programme will strengthen the justice system. We are investing £1bn to digitise the justice system – making it more accessible for all citizens, more sensitive for witnesses, and delivering better value for money.’#*#*Show Fullscreen*#*# Paperless operationLavender Hill Magistrates’ Court in LondonSince April, 4,200 cases have been processed. The government said the system has allowed TfL to obtain case results immediately and sped up enforcement.HMCTS said further developments will include speeding up the process for those guilty pleas which can be fast tracked, and eventually for an online system to replace the paper-based system. The system will also be offered to ‘other large public service organisations who prosecute thousands of cases a year where the potential benefits would then be magnified’.Siwan Hayward, TfL head of transport policing, said: ‘We use the courts to tackle the minority of people who purposefully avoid paying their fares, licensed drivers and private hire operators who break the law, and companies who obstruct the pavements. That’s why we have worked with HMCTS to streamline what has historically been a labour intensive, paper-heavy process.’The new system enables our investigations and prosecutions team more time to target illegal behaviour and bring those who break the law to justice.’last_img read more

DB Cargo plans to cut 893 jobs in face of ‘unprecedented’ market changes

first_imgUK: Deutsche Bahn subsidiary DB Cargo UK has announced changes to its business model and proposals to eliminate 893 roles in response to what it says are ‘rapid and unprecedented changes’ in the freight market.The measures announced on October 17 include revising of the number and locations of operational sites, and further reductions in the locomotive and wagon fleets. No final decisions have been taken, and all proposals are subject to collective and individual consultations. The company said the rail freight industry was facing a ‘dramatic decline’ in core markets such as coal. Government energy policy had resulted in the early closure of coal-fired power stations, with reduced running hours planned at those which remain from 2023 and complete phase out of all UK coal-fired power plants is planned by 2025. In the first nine months of 2016 DB Cargo UK ran 1 353 coal trains, a 78% reduction on the 6 163 in the same period in 2015. UK steel volumes are also dropping at a much quicker rate than predicted, with the industry hit by high energy prices, the extra cost of climate change policies and competition from Asia. DB Cargo UK said there was ‘significant structural instability’ in the UK steel manufacturing sector, with closures and reductions in capacity. The number of steel trains run by DB Cargo UK in the first nine months was 5 820, down 33% from the 8 733 for the same period in 2015. However, the operator recognised that ‘overall UK steel demand remains stable’, adding that it was ‘continually exploring opportunities for growth within this important market sector’. ‘Responsible and successful businesses must evolve and reshape as their markets change and sometimes this means making tough decisions’, said DB Cargo UK Chief Executive Hans-Georg Werner on October 17. ‘Whilst this is a difficult time for all of us at DB Cargo UK, reshaping the company will enable us to build a business for the future and protect the majority of jobs. We are fully committed to supporting colleagues who may be at risk of redundancy. ‘We firmly believe in the future of rail freight in the UK. Our motorways and roads are becoming more congested and rail offers fast and clean supply chain solutions. Our new business strategy will ensure we are a perfect logistics partner of choice for customers across all sectors, including construction, automotive and intermodal, long into the future.’ DB Cargo UK said it was ‘proactively investing in key areas’, including the rollout of mobile devices to front line and management staff, and the launch of interactive applications to improve fuel efficiency. It plans to further enhance efficiency and service levels for its customers by introducing order-track-and-trace, end-to-end planning and proactive and pre-emptive service issue systems and technology.Responding to the announcement, Mick Cash, General Secretary of the RMT trade union, said ‘this is devastating news brought on through a combination of cut-throat practices in the UK rail freight industry and a shocking lack of government support for this key section of our transport infrastructure.’ He said RMT’s executive would be meeting to consider its response, but ‘it is imperative right now that the government intervene to save skilled jobs in the rail freight industry which are being butchered before our eyes due to a lack of action to protect steel, coal and the rest of our manufacturing base.’Mick Whelan, General Secretary of train drivers’ union ASLEF, said the redundancies, including 391 drivers, were ‘an individual tragedy for each man and woman who loses a job and a collective tragedy for our rail industry.’ He claimed the company ‘has been extraordinarily slow to adapt to changing conditions’, while ‘the government took the decisions that paved the way for the work to disappear and so it, too, must shoulder some of the blame.’last_img read more

RailUSA acquires Florida line from CSX

first_imgUSA: Freight railway group RailUSA has announced its second acquisition, forming the Florida Gulf & Atlantic Railroad with the purchase of a 690 km line from CSX Corp. Terms were not disclosed.The FGA runs east–west across northern Florida from Baldwin near Jacksonville to Tallahassee and Pensacola, with a connection to Attapulgus in Georgia. It has 65 employees and 18 locomotives, and currently moves 30 000 wagonloads per year including aggregates, cement, grain, chemicals, wind turbine components and industrial products.‘FGA’s geographic location makes it a highly desirable rail freight route for shippers in the Florida Panhandle, and offers prime railcar storage’, said RailUSA Chairman & CEO Gary O Marino on June 3. ‘The line has many customers with plants located along the railroad, and we see a substantial opportunity to enhance the suite of services we offer them, as well as to attract new customers with concentrated local services.’ RailUSA is owned by the Equity Group Investments private investment firm of Sam Zell, the International Rail Partners group of experienced railway managers, and other EGI co-investors. It is ‘actively acquiring’ short line and regional railways, with the FGA being its second line following the 340 km Grenada Railroad between Memphis, Tennessee, and Canton, Mississippi which it acquired last year. ‘Our company has strong financial backing that, combined with our own capital, provides the funding necessary to compete in the re-invigorated rail market’, said Marino. ‘We plan to strategically invest in well-located railroads where significant value can be achieved through our organisational expertise.’ EGI Co-President Mark Sotir said the investment firm was ‘attracted to the opportunity and staying power of short line railroads, which tend to have minimal disruption in economic downturns’.last_img read more

AU invites African’s input for today’s inaugural AUC chair candidates debate

first_imgThe African Union has invited Africans from across the continent to participate in today’s debate among the candidates vying for the AU Commission chairperson seat.This will be the first time the continental body will be holding a debate for the interested candidates for the position.The debate will begin at 16:30GMT.Nkosazana Dlamini-Zuma’s replacement will be selected in January at the AU Summit.“The AUC is inviting all candidates to the top leadership position of the continental organization, to give them the opportunity to present their various perspectives in the area of leading the continental agenda for the upcoming four years,” the AU Leadership Academy organizers said.Social media users can send questions they want the candidates asked. The event moderator will then directly ask the candidates those questions, to help shape an understanding of their leadership priorities, experience and policy positions.The candidates for the position include:Pelonomi Venson-Moitoi of BotswanaMoussa Faki Mahamat of ChadMba Mokuy of Equatorial GuineaAmina C Mohamed of KenyaAbdoulaye Bathily of Senegallast_img read more

HIV patients in Botswana enjoy the hope of a ‘new dawn’

first_imgDoctors raise concern over drug resistance in HIV patients For years, her organization pressured the government to make masa truly universal, allowing everyone in the country to take part. It did no good, advocates argued, to deliberately leave one subset of a population untreated when dealing with a deadly epidemic of a highly infectious disease.Eventually, the authorities began to see the light. “We did realize,” says Ruth Maphorisa, Permanent Secretary of Botswana’s Health Ministry, “that we were not going to be able to deal with HIV/AIDS or achieve our target of elimination by 2030 if there is a section within the population that is not having access to antiretrovirals.”In September of this year, a major policy shift meant that foreign residents of Botswana could finally enjoy access to the crucial drugs. And the country’s roughly 30,000 HIV-positive migrants could at last enjoy the hope of a new dawn.Watch our special series on how Botswana’s people are tackling the country’s AIDS crisis. Volunteers from Botswana-based sex worker advocacy organization Sisonke prepare to distribute condoms and lubricants on one of their regular night patrols. Photo credit: Jean-Paul Habyarimana / Bemnet Goitom Volunteers from Botswana-based sex worker advocacy organization Sisonke prepare to distribute condoms and lubricants on one of their regular night patrols. Photo credit: Jean-Paul Habyarimana / Bemnet GoitomBotswana’s universal treatment program for people with HIV has long been considered a role model for governments and health ministries around the world. Since 2002 all citizens have been able to access anti-retroviral drugs — the most effective method for managing the disease — completely free of charge.The effects of the program were dramatic. AIDS-related deaths plummeted to nearly a quarter of their once-staggering heights and the rate of new HIV infections fell sharply, too. The program was called masa, Setswana for ‘new dawn’. But there was one key group of patients that were excluded, left to wander in the dark of an untreated night. Foreign citizens had no access the life-prolonging medicine.“Sex knows no boundaries,” Cindy Kelemi of the Botswana Network for Ethics, Law, and HIV/AIDS tells us in a sun-drenched Gaborone courtyard. “It doesn’t matter whether you are black, white, Motswana or not Motswana. Sexual relationships do happen, outside of what the borders are.” Botswana leads the world in the fight against HIV/AIDScenter_img Reports says HIV drug stocks not reaching African patients Relatedlast_img read more

Coulibistrie woman wins cash in Digicel’s Festival Cash Grab Promotion

first_img Share Share LocalNews Coulibistrie woman wins cash in Digicel’s Festival Cash Grab Promotion by: – September 27, 2012 26 Views   no discussions Tweetcenter_img Digicel Sales Marketing Manager handing over cash and prizes to (daughter) of winner Manuella Gregoire along with Digi ambassador and Pirates RepOn Friday September 21, 2012 Digicel Dominica Limited after launching its spectacular ‘Festival Cash Grab’ promotion of $50,000 in cash and prizes on 14th September, had its first draw on Friday 21st September at its Digicentre Store in Roseau. To qualify in this promotion, customers have to top up $15 and over, pay up their post paid bill in full and on time and join the Digicel family buy purchasing a Digicel handset. Three lucky winners were selected, Athlyne Gachette of Bath Estate, Anthony Cornelius of Carib Territory and Manuella Gregoire of Coulibistrie. The finalists were given the opportunity to select cards for their winnings. With much anticipation and crowd participation Manuella Gregoire emerged as the lucky Digicel cash prize winner in the first draw. Ms Gregoire had the opportunity to enter the Digicel vault to grab as much cash as possible or to open the Digicel treasure box. She was confident that the treasure box would give her the higher bid so she went for it, winning a whooping amount of $1000 cash along with prizes from our partners, Kubuli, Pirates and Fine Foods. The other two winners walked away with vouchers from Pirates, KFC, Pizza Hut, Kubuli six packs and handsets from Digicel. At the event, the crowd and participants was entertained by the finalists in the Candence-Lypso competition like The Triumph, Lloydy and more. Digicel’s Sales and Marketing Manage, Nathalie Walsh commented “Diigicel’s Festival Cash Grab promotion since its launch has created much excitement into the market as so many customers will benefit to win cash and prizes. We encourage persons to top up, sign up and pay up their post pay bills in full and on time to qualify”. Press release Sharing is caring! Sharelast_img read more

Tay Tung volleybelles headed for WVRAA

first_img[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]BACOLOD Tay Tung High School Thunderbolts ruled the Palarong Panlalawigan secondary girls’ volleyball yesterday at the Negros Occidental Multipurpose Activity Center.The victory gave Thunderbolts a ticket to represent Negros Occidental in the Western Visayas Regional Athletic Association early next year.Representing NOPSSCEA, Thunderbolts – led by Alyssa Bertolano, Marianne Sotomil and Shane Carmona – breezed past Area 3 (a selection from Talisay and Silay cities and Murcia town) 25-17, 25-16, 25-20 in the gold medal match.“The girls worked hard for this victory. All the hard work they put in our practices paid off,” said Jose Montalbo, Tay Tung’s vice president for sports. “We will now shift our focus to WVRAA.”Thunderbolts had a perfect run in the eliminations, sweeping all its four assignments. In the crossover semifinals, it prevailed over La Carlota 25-12, 25-13.Meanwhile, Tay Tung’s basketball boys 3×3 team – Harold Alarcon, Andy Villamer, Alec Tan, and Christian Gamao – claimed the Palarong Panlalawigan championship.Tay Tung, mentored by Dexter Dy, claimed the title with a 17-7 victory over Talisay after scoring lopsided wins in the eliminations and semifinals./PN[/av_textblock][/av_one_full] [av_textblock size=” font_color=” color=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=”][/av_textblock][av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”][av_heading heading=’Tay Tung volleybelles headed for WVRAA ‘ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]BY ADRIAN STEWART CO[/av_heading]last_img read more