News / Containership capacity: owners hoping it’s the start of improved returns

first_img© Nevenm By Mike Wackett 26/04/2017 Idled containership capacity has shrunk by 28% in the past two weeks to 696,000 teu, according to Alphaliner.And the maritime consultant said it expected the laid-up cellular fleet to dip below 500,000 teu by June.Alphaliner attributed the dramatic “sharpest-ever decline” to a “scramble” by carriers to roll out their new alliance networks on 1 April.However, the impact of vessel scrapping has also been significant.The latest weekly data from London shipbroker Braemar ACM records the scrapping total this year at 85 vessels, or 268,000 teu, with the demolition market on course to eclipse last year’s record of 189 ships (658,000 teu).So far this year, newbuild delivery is only 43 vessels, but adds a total capacity of 287,500 teu, reflecting the emphasis on big ships in yard orderbooks.Meanwhile, the 204 ships remaining idle at 17 April, representing 4.8% of the global fleet compares with the 351 vessels for 1.4m teu (6.9% of the global fleet) at the beginning of the year.Alphaliner data records just four ships of 12,000 teu and over currently without employment, in contrast to 12 in early January. In the 8,000-11,999 teu sector the drop has been even greater, with just 15 idle, versus 55 anchored at lay-up in early March.And the demand for “classic” panamax ships continues apace: the 4,300-5,300 teu workhorses are in demand for general short-period hires. Although on paper, 32 more of these vessels are available for charter, Alphaliner notes that just seven are “spot”, meaning that the other 25 units, currently in cold lay-up, would need up to two months for reactivation, depending on the dry-docking required.It was announced last week that four of these panamax vessels in cold lay-up are being acquired by Greek shipowner Navios in a distress sale of 14 from the soon-to-be-wound-up Rickmers Maritime.Unsurprisingly, as a shortage of container tonnage is reported in some sizes, charter rates have soared. In the panamax sector, daily hire rates have leapt to around $11,000 a day, from $8,000 a month ago and the sub-economic $4,000 per day or below seen earlier this year.Brokers are also reporting that owners of panamax vessels, and small sizes in general, are demanding stricter terms, regarding positioning and options, and are reluctant to fix for long periods, believing the market is at the beginning of a recovery curve.However, it remains to be seen how long the bullish containership charter market will continue, given that carriers will seek to off-hire as much chartered-in tonnage as possible once the alliance networks have bedded in, as they seek to trim their operating costs.last_img read more

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Up and down the ladder: The latest comings and goings

first_img Ed Silverman Pharmalot Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Up and down the ladder: The latest comings and goings Hired someone new and exciting? Promoted a rising star? Finally solved that hard-to-fill spot? Share the news with us, and we’ll share it with others. That’s right. Send us your changes, and we’ll find a home for them. Don’t be shy. Everyone wants to know who is coming and going.And here is our regular feature in which we highlight a different person each week. This time around, we note that Sangamo Therapeutics (SGMO) hired D. Mark McClung as executive vice president and chief business officer. Most recently, he worked as a consultant and, before that, was vice president and general manager of global oncology commercial at Amgen (AMGN). GET STARTED [email protected] Log In | Learn More What is it? Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.center_img Alex Hogan/STAT Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. By Ed Silverman April 24, 2020 Reprints What’s included? @Pharmalot About the Author Reprints Tags STAT+last_img read more

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Arcadia biker dies in Sunday night crash

first_imgRELATEDTOPICS AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Cape Coral man thrown from car killed when vehicle flips on top of him June 14, 2021 ARCADIA, Fla. — A 60-year-old Arcadia man riding a motorcycle died in a crash on Sunday night, officials said.The biker was riding west on State Road 70 toward North Mills Avenue in the inside lane just after 9:30 p.m. on Feb. 28.A 68-year-old man in a van was at a stop sign on North Mills Avenue at the intersection of State Road 70. As the motorcyclist approached the intersection, the van drove in front of the biker, according to troopers with the Florida Highway Patrol. The front of the motorcycle hit the left side of the van. Driver seriously injured after dump truck flips on SR 82 in Collier County June 11, 2021 Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentscenter_img Motorcyclist rushed to the hospital after Fort Myers crash June 7, 2021 AdvertisementThe motorcyclist was pronounced dead on the scene, troopers said. AdvertisementTags: Arcadiafatal crashFlorida Highway Patrol Advertisement Arcadia taco truck attracts pilots from all over Florida June 16, 2021last_img read more

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LIVE BLOG: Follow the action from Wexford as Laois Ladies bid for Leinster final place

first_imgHome Sport GAA LIVE BLOG: Follow the action from Wexford as Laois Ladies bid for… SportGAALadies FootballLaois Senior Ladies Football Team Facebook SEE ALSO – 5 minutes with… Laois Ladies football captain Mags McEvoy Facebook TAGSLaois Ladies FootballLaois v WexfordLive Blog By Siun Lennon – 17th June 2018 WhatsApp Live Blog from Wexford v Laois Ladies Brought to you in association with Hughes Pharmacy PortlaoiseThe Laois men aren’t the only team vying for Leinster glory in the next few weeks.The Laois Ladies are out in the intermediate Leinster semi-final against Wexford today in Bellefield GAA Complex, Enniscorthy, at 2pm. Previous articleRemember The Game: Kyle’s bench to the fore as they claimed 2009 Division 4 titleNext articleTV stars, new managers and All-Ireland glory: Here’s our top stories of the week Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Community Community WhatsApp We’ll be live from Enniscorthy to bring you all the action as it happens: Ten Laois based players named on Leinster rugby U-18 girls squad Twitter RELATED ARTICLESMORE FROM AUTHOR Rugby Twitter LIVE BLOG: Follow the action from Wexford as Laois Ladies bid for Leinster final place Pinterest Laois are in the Intermediate championship after they were relegated from the senior grade last year.The girls struggled in Division 2 of the league, needing a final round win to stave off relegation. Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ However, they began their championship campaign with a fine six point win over neighbours Offaly to reach the last four.Wexford got to this point after a very convincing eight point win over Kildare in the quarter final.They also won Division 3 in the league this year and come into the game with plenty of momentum – so this will be a real test for Laois. Pinterest Five Laois monuments to receive almost €200,000 in government funding last_img read more

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CRA launches consultations on disability tax credit

first_imgJames Langton The consultations aim to generate feedback on how the CRA can simplify the application process, and to help develop regulations to establish the maximum fee that can be charged for completing a DTC application and claiming the disability amount. The tax agency reports that for the 2012-2013 fiscal year about 620,000 taxpayers claimed the DTC; whereas, it estimates that about 1.1 million taxpayers are eligible for the credit (approximately 50% of those are seniors, it says). “Through these important consultations, we want to hear from persons with disabilities, tax preparers, qualified practitioners and Canadians in general. We want input on how the provisions of the [proposed legislation] can be effectively implemented, how we can simplify the disability tax credit process to better meet the needs of persons with disabilities and those who care for them. We must ensure that people with disabilities are not paying excessive fees for help in completing a DTC request,” said Kerry-Lynne Findlay, Minister of National Revenue. Share this article and your comments with peers on social media Companies Canada Revenue Agency center_img In an effort to enhance use of the disability tax credit (DTC), the Canada Revenue Agency (CRA) Tuesday announced consultations on measures to simplify the application process and to cap promoters’ fees. The CRA announced upcoming consultations, both online and in-person, in response to a private members’ bill (put forth by Tory backbencher, Cheryl Gallant) that seeks to limit the fees that can be charged for helping to complete a disability tax credit request. The in-person consultations will be held in four cities: Vancouver, Toronto, Montreal and Halifax. Facebook LinkedIn Twitterlast_img read more

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Brick Barn Wine Estate’s 2016 Albariño Takes Best of Show at…

first_imgFacebook AdvertisementSanta Rosa, Calif., (November 19, 2018). Results are in for the 2018 Harvest Challenge, a contest judged by leading wine industry professionals ranking wines based on terroir.  This year’s choice for top award was given to Brick Barn Wine Estate for its 2016 Albariño, California, Santa Ynez Valley, Estate Grown wine.Owned and operated by Wine Competitions Management & Productions, the judging took place November 13-14, 2018 in Sonoma County, California. More than 1,000 wines were entered in the competition. Judges awarded a total of 36 Best of Show awards, 65 Best of Class designations, and 215 gold medals.At the Harvest Challenge, judges taste wines with other wines of the same appellation. Thus, with cross-regional competition removed, the inherent quality of wines can be seen without the influences that sometimes eclipse even a wine of very high quality.Beyond the determination of medals, the Harvest Challenge affords its winners a unique selling proposition – its region ranked against its competitors.“The specialized nature of this competition is what attracts our judges…and the wines submitted.  It’s always interesting to see the outcome where the smallest nuance can influence how a judge will rate a wine against another in a shared terroir,” according to chief judge and competition owner, Debra Del Fiorentino.A goal of Harvest Challenge is to learn how soil and climate contribute to the excellence and distinctiveness of wines. “Over the course of this event, judges have learned to recognize when a wine’s region is – and is not – a factor of wine quality” adds Del Fiorentino.New for this year’s Harvest Challenge, the event producer has partnered with specialty printer First in Print for quality point-of-sale materials with discounted pricing for winners.  Visit https://www.winecompetitions.com/harvest-challenge-promotional-items for details and to order.Winners are listed on winecompetitions.com.  An overview article will appear online at www.spiritedbiz.com and in a future issue of award-winning Spirited magazine, a nationally distributed adult beverage trade publication. About Wine Competitions Management & Production (WCMP)This organization owns and operates a variety of different competitions including West Coast Wine Competition, International Eastern Wine Competition, East Meets West, International Women’s Wine Competition, Harvest Challenge, and the Craft Distillers Spirits Competition, The Press Democrat North Coast Wine Challenge, and Experience Rosé. It also manages the California Cider Competition and the Mendocino Apple Show International Cider Competition.Advertisement TAGSBrick Barn Wine EstateConsumerWCMP Share Pinterest Twitter Linkedin ReddIt Email Home Industry News Releases Brick Barn Wine Estate’s 2016 Albariño Takes Best of Show at the…Industry News ReleasesWine BusinessBrick Barn Wine Estate’s 2016 Albariño Takes Best of Show at the 2018 Harvest ChallengeBy Press Release – November 19, 2018 83 0 Previous articleFarella Vineyard Elevates Ryan Pass to Title of “Winemaker”Next articleC. Mondavi & Family Names New Chief Financial Officer Press Releaselast_img read more

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Lubanzi Wines Launches Cans

first_imgPinterest Share ReddIt Linkedin TAGSCanned WineConsumerLubanzi Home Industry News Releases Lubanzi Wines Launches CansIndustry News ReleasesWine BusinessLubanzi Wines Launches CansBy Press Release – April 1, 2019 649 0 Email Twitter Facebook AdvertisementFirst South African producer to release canned wines in the USCAPE TOWN, SOUTH AFRICA – April 1, 2019: Lubanzi Wines, a fast growing South African wine brand, and a recently certified B Corporation, is becoming the first South African producer to launch canned wines in the United States on April 1st, 2019. The wines will be initially distributed across the US throughout select markets.Lubanzi, led by co-founders Walker Brown & Charles Brain, was launched in Cape Town in 2016 & named for a wandering dog who led the pair on a 6 day, 100 mile backpacking trip through a remote part of South Africa’s southeastern coastline, The Wild Coast. The business operates as a social enterprise, whose mantra and mission is to help create a more sustainable and equitable supply chain. Lubanzi shares its profits with a non-profit partner in South Africa, The Pebbles Project, who provides health and educational resources to the communities who labor on South Africa’s wine farms. The company’s launch of South Africa’s first canned wine is a reflection of its ongoing commitment to environmental sustainability & innovation. “Everything we’ve tried to do, up until this point, has not only been about trying to make great, forward-thinking, clean, and affordable wines, but also about trying to connect and showcase Cape Town & The Western Cape as a whole, a place whose cultural identity, it’s very spirit and essence, coincidentally, we think, falls so deeply in line with the growing cultural identity that now surrounds wine in cans.”“Venturing with bright eyes into the canned wine movement felt like a natural extension of who we are as a business & a brand, and a very due and deserved step in South Africa’s journey to claiming its rightful place, in quality and in innovation, at the American table.”Like some of the American West Coast’s canned wine trail blazers, the project is about portability, sustainability, and going where bottled wines simply can’t. “If any country embodies the spirit that has supported the boom of canned wine, it is South Africa.” Built on self-described pillars of adventure, culture, and global citizenship, Lubanzi still continues to focus chiefly on process and quality. The wines are Fair Trade Fair for Life certified, vegan, and have received 90+ scores from notable wine critics vintage over vintage.“The category is fantastic fun, but the qualities the same. These wines are the same ones that go into our bottles.” Lubanzi’s cans go live on April 1, and consumers can find them by the glass in restaurants, at their neighborhood retailers, and online at www.lubanziwines.com.About Lubanzi WinesLubanzi is the sole label from Cape Venture Wine Co., a start-up, sustainable South African wine company, created in Cape Town by two young travelers, Charles Brain & Walker Brown, alongside a small collection of well-known South African winemakers, viticulturists, farm laborers, and humanitarians. The name Lubanzi comes from a wandering dog that followed the founders on a 6 day, 100-mile hiking trip across South Africa’s remote Wild Coast. Built upon the notion of pioneering a more sustainable & equitable supply chain, 50% of its net profits are returned to a non-profit supporting the communities who labor on the country’s wine farms. Lubanzi is distributed in over 30 U.S. states & 2 additional countries. Lubanzi is also a certified B Corporation©. For more details & where to find the wines, visit www.lubanziwines.com or call  +1 202 573 7292.Advertisement Previous articleWomen of the Vine & Spirits Launches New Benefits to Create Pathways for Supplier Diversity and Market Share for Women-Owned BusinessesNext articleSymington Family Releases Graham’s Single Harvest Tawny Ports Press Releaselast_img read more

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Commerce Minister Calls for Small Business to Formalize Operations

first_imgMinister of Industry, Investment, and Commerce, Hon. Anthony Hylton, has called on small business owners to formalize their operations to benefit from offerings under the new Micro, Small and Medium Enterprise (MSME) Entrepreneurship Policy.The Minister was addressing a recent Think Tank held at the Jamaica Information Service (JIS) head office in Kingston.He noted that the policy is not about “finding a way to give more money”, but “applying resources in a manner that is designed to have the real impact” on business growth and development.As such, he said, persons will benefit from training and guidance in areas such as product development, marketing, and incentives such as tax breaks during the infancy stage of the business.“Before you go to the bank and start asking for money, what you need is some training, exposure, and critical intervention from entities like the DBJ (Development of Bank of Jamaica) and others, who can intervene and talk to you about the feasibility of your business, marketing, and product differentiation,” Minister Hylton said.The MSME Policy seeks to implement a structured and sustainable programme to provide training to MSMEs through public-private partnerships in key areas such as: business planning, cash flow projections, management, book-keeping, inventory management, protection of intellectual property, standards, and market penetration. Photo: JIS PhotographerMinister of Industry, Investment and Commerce, Hon. Anthony Hylton (left), is in conversation with Deputy Chief Executive Officer of the Jamaica Business Development Corporation (JBDC), Harold Davis. Occasion was a recent Think Tank, held at the Jamaica Information Service (JIS) head office in Kingston, where the Minister provided details about the Micro, Small and Medium Enterprise (MSME) Entrepreneurship Policy. RelatedFocus on Quality November 14 Story HighlightsSmall business owners urged to formalize their operations to benefit from offerings under the new MSME Entrepreneurship Policy.The policy is about “applying resources in a manner that is designed to have the real impact” on business growth and development.The MSME Policy seeks to implement a structured and sustainable programme to provide training to MSMEs. FacebookTwitterWhatsAppEmail Advertisementscenter_img RelatedJamaica Designated Sub-Regional Hub For Relief Operations RelatedJBDC to Play Integral Role in MSME and Entrepreneurship Policy Commerce Minister Calls for Small Business to Formalize Operations CommerceNovember 15, 2013Written by: Garfield L. Angus Commerce Minister Calls for Small Business to Formalize OperationsJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlaylast_img read more

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Emergency Department at Letterkenny University Hospital very busy with delays to be expected

first_img DL Debate – 24/05/21 Google+ Twitter Journey home will be easier – Paul Hegarty By News Highland – October 5, 2016 Twitter News, Sport and Obituaries on Monday May 24th WhatsApp Google+ Facebook RELATED ARTICLESMORE FROM AUTHOR Emergency Department at Letterkenny University Hospital very busy with delays to be expectedcenter_img Pinterest The Emergency Department at Letterkenny University Hospital is said to be very busy this (Wednesday) afternoon with significant numbers of patients awaiting admission to the hospital.The Full Capacity Protocol has been implemented with management saying that all efforts continue to be made to identify patients who are appropriate for discharge.Management at the hospital are advising people who are attending the Emergency Department at Letterkenny University Hospital that they can expect delays.The public is being encouraged to attend the Emergency Department only in the case of real emergencies and they should contact their GP or GP Out-of-Hours service in the first instance.Letterkenny University Hospital again apologises to all patients and their families for any distress caused as a result of these delays. Important message for people attending LUH’s INR clinic Homepage BannerNews Pinterest Facebook Previous articleDonegal man faces custodial sentence after dead and emaciated animals found on farmNext articleSt Eunan’s and Inis Eoghain share spoils in Rannafast Cup News Highland WhatsApp Harps come back to win in Waterford Arranmore progress and potential flagged as population growslast_img read more

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Omaken Sports forms “Nordic powerhouse of esports” with Heroic acquisition

first_imgOmaken Sports forms “Nordic powerhouse of esports” with Heroic acquisitionNorwegian firm raised €15 million to fund deal and its future development plansMatthew HandrahanEditor-in-ChiefThursday 18th February 2021Share this article Recommend Tweet ShareOmaken Sports Group has acquired the Danish esports firm Heroic, backed by a fresh injection of funding.The two firms are both located in Scandinavia, with Omaken Sports based in Norway and Heroic in Denmark.The acquisition deal was completed with the objective of creating what Omaken described as “a Nordic powerhouse of esports.”Related Jobs3D Artist – Mobile Studio – Midlands UK & Europe Big PlanetProducer Indie Game Studio France UK & Europe Big PlanetSenior C++ Unreal Programmer – PC and Console Studio – Austria South East Big PlanetDiscover more jobs in games While the value of the acquisition was not disclosed, Omaken said that it has raised €15 million to fund both the deal and its future development with Heroic as part of the organisation.Erik Askered, CEO of Heroic, said that being part of Omaken would allow the firm to “become a multi-game organisation” — before now, Heroic had primarily been focused on Counter-Strike: GO.Last year, we published a guide from Reed Smith’s Nick Breen and Hunter Thomson, offering advice to companies seeking to invest in the growing esports sector — you can read it here.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesCEO says Paradox “can do better” as Q1 profits plummet”We are not satisfied with the quarter,” CEO Ebba Ljungerud saidBy Marie Dealessandri An hour agoStarbreeze’s Q1 losses shrink 95% to $505,000New CEO Tobias Sjögren says “the road ahead is clear” as Payday 3 is fully funded By James Batchelor An hour agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img read more

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