Live Out Your Westworld Dreams at Casteel Creek Retreat World’s First Luxury Space Hotel Promises Climbing Wall, Low-Gravity Basketball Courts Learn Guitar (and Don’t Give Up) With the Fender Play App Escape to the Pacific Northwest at Hoh Rainforest Caravan Cabins Editors’ Recommendations 9 Best Spirits For Spiked Apple Cider Plush terry cloth robes, Nespresso makers, flat-screen TVs, wireless charging pads…High-end hotel rooms are brimming with luxury goodies. While some hotels encourage guests to take home vacation souvenirs, they invest considerable resources to ensure most of these items never leave the property. Here’s the low-down on what you can and cannot get away with stealing from your hotel room.ToiletriesNot surprisingly, eyedropper-sized bottles of shampoo, conditioner, and shower gel are the lowest-hanging fruit for hotel room thieves. Hotel owners expect — and sometimes even encourage — guests to swipe these as a way to further their brand outside of their own properties. In Jacob Tomsky’s book Heads in Beds, the hotel industry veteran notes that housekeepers’ carts are a treasure trove of toiletries. Take what you want — or ask permission if you feel that guilty — because no one’s going to question you.Light BulbsIt may seem obvious that light bulbs are not provided as take-home gifts. But, according to a survey of 8,000 hotels by LateRooms.com, they are the second most pilfered hotel room item. To be clear: hotels frown on this, so head to the hardware store if your house is suffering from a light shortage.The BibleCan we all agree that stealing bibles is bad? Well, it turns out the Gideons themselves are perfectly fine with guests swiping the good book, according to a write-up on Mental Floss. They even agree to replace them if/when they go missing. Evidently, “thou shalt not steal,” unless thou needeth a new Bible badly enough. BathrobesThe hotel bathrobe has long been a staple of theft. But, are they OK to steal? The short answer is: Probably not. Mid-range hotels typically include them as part of their soft goods inventory, like bedding. They’re meant to be functional — washed and reused by the next guest. More upscale hotels often offer them for sale at a substantial markup. Only the most valued guests are provided complimentary robes. When in doubt, it’s best to call the concierge and ask. At the very least, make sure you’re a member of the brand’s loyalty club and, if you’re persuasive enough, they may allow you to take one home.Towels and Other LinensEvery hotel brand agrees: soft goods are most definitely not free for guests to take home. Given the prevalence of pool towel cards, even at high-end hotels, it’s clear that many try. Some clever hotel brands now install tiny electronic RFID tracking devices in their sheets and towels to protect their assets.SlippersTake ’em without shame! No one wants to put their feet where someone else’s have already been.Beds, Pet Dogs, and … Everything ElseAccording to the LateRoom.com survey, one hotelier noted a guest who swiped a minibar and flat-screen TV from their suite. A manager of Starwood Hotels reporting to the U.K.’s Telegraph revealed that, in one especially brazen case, thieves dressed in service overalls made off with a grand piano from the hotel lobby. The newspaper details a list of other bizarre thefts that includes sinks, marble fireplaces, and even a hotel owner’s dog!It’s safe to assume that just about everything not on this list, including beds, televisions, and appliances is not ripe for the taking. It may sound like common sense but, when in doubt, just ask.
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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Andy Boxall/Digital Trends While it’s easy to list brands that make beautiful watches, not everyone will be able to name beautiful cameras. But go and look at pictures of almost any vintage camera, anything made by Hasselblad or cameras made by Leica, to see just how stunning cameras can look. What happens when the two worlds collide? You get the utterly incredible Tacs Automatic Vintage Lens II, or AVL II.This isn’t a smartwatch, or even a hybrid, but a celebration of some very geeky pleasures: Watches, cameras, and collecting. Created by Japanese brand Tacs and designed by Yoshiaki (Yoshi) Motegi, the AVL II is the sequel to a limited edition watch launched on Kickstarter in 2016. The timepiece sold out, but now those who missed out have the chance to buy a new 2018 version. We’ve had a close look ahead of the launch, and adore what we’ve seen.Stunning designBefore we get started, this is about as far removed from a “novelty” designed watch as you can get. This isn’t a “looks a bit like a camera” watch. It’s a watch made using design aspects taken from cameras. Look at it as a whole and you can see the camera body, the lens, the camera’s eye, the focus ring, ISO marks, and a lot more. That’s all combined with how you expect a watch to look as well. There is an astonishing level of detail here, and all of it is subtle — nothing screams “tacky,” and instead it’s a wonderful balance of recognizable camera design traits, and the style of a desirable timepiece.The bezel has a machined edge and turns like the focus ring on a camera. Look on the inside ring and, just like a camera lens, it shows the diameter of the watch face — 47mm in this case — and informs the wearer the watch has an automatic movement made with 21 jewels. Move further inside and rather than minutes and hours, there are just a few numbers noted down like ISO markings. The deeper you look, the more you see the different layers. It’s really stunning. Misfit Vapor X Review: Forget the fuss The Tacs AVL II is a classic watch conceived through the lens of a camera Close Next Andy Boxall/Digital Trends Andy Boxall/Digital Trends Andy Boxall/Digital Trends Andy Boxall/Digital Trends Right in the center is a glimpse of the skeletonized Miyota 82SO automatic movement, which is further revealed through a window on the back of the case. On the front dome, sapphire glass with an anti-reflective coating covers the face, resembling a fish-eye camera lens, and there are different layers here too, creating a magnified view from some angles. A flat sapphire glass panel covers the movement on the back.The rear cover is screwed down, the case is made from 316L stainless steel, and a thick Horween leather strap secures the watch on your wrist.Technology and wearabilityIn terms of technology, the automatic movement has a 40-hour power reserve, and the watch has water resistance to 100 meters. The crown screws into the body to keep it watertight, and the strap has a quick release mechanism to help change it. The second hand gives the watch face life, while the hour and minute hands are two tone and still easy to read despite being on a similarly-colored background.The design makes a statement, and it’s definitely not for anyone afraid of getting stares.The AVL II is comfortable to wear right from the start, with the thick leather strap quickly adapting to our wrist. It’s fairly heavy at 150 grams, and the case is deep at 15mm. No, it’s not going to easily fit under a cuff, but to do so would miss the point. This is a watch you’ll want to show off. The design makes a statement, and it’s definitely not for anyone afraid of getting stares. It’s also perhaps not the watch we’d wear to formal functions, but we do think it’s suitable for almost all other situations and outfits. It’s undeniably masculine, though.Wearing it for the first time, two different people commented favorably on the Tacs AVL II. Neither said it was because it looked like a camera, it was because the style is so unique. We had to point out it shared a design with some cameras, which mean it’s clearly emphasized as a watch first, and an homage to cameras second. We expect that the AVL II, like the first model, will appeal to camera and watch fans equally.Price and availabilityThe Tacs AVL II is unusual, stylish, individual, geeky, and eye-catching. We keep stealing glances at it on our wrist. You can register your interest with Tacs for the AVL II now, and it’s due for release on September 10, but we don’t know the price yet. The AVL 1 cost $450 during its Kickstarter campaign, so a similar price seems possible. The build quality, style, and uniqueness of the piece makes it worth this price, if the design appeals.We’ll update this story and refine our thoughts when the price is officially confirmed, and after we’ve worn the watch for a longer period of time. 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Cabinet has given approval for the implementation of a backlog reduction strategy, to deal with the high number of court cases and their slow rate of disposal.Making the announcement at a Jamaica House press briefing on Wednesday, June 26, at the Office of the Prime Minister, Information Minister, Senator the Hon. Sandrea Falconer, explained that from 2007, the Jamaica Justice System Reform Task Force had recommended in its report, that there be a focused backlog reduction strategy.“This would help to dispose of the older cases and build momentum toward a more comprehensive and permanent reform in the justice system,” she explained.Cabinet has given the nod for amendment of the Criminal Justice Act, to allow for reduced sentences on guilty pleas.It will also facilitate reviews by the Court of Appeal of mandatory minimum sentences imposed by the trial court.Contact: Alphea Saunders
The latest Jamaica Health and Lifestyle Survey shows that the prevalence of tobacco use by adults averaged 14.5 per cent. The Jamaica Coalition for Tobacco Control (JCTC) has endorsed the World Health Organisation’s (WHO) 2017 declaration against the use of tobacco, which it regards as a threat to development. The Jamaica Coalition for Tobacco Control (JCTC) has endorsed the World Health Organization’s (WHO) 2017 declaration against the use of tobacco, which it regards as a threat to development.Coalition board member and Heart Foundation of Jamaica Executive Director, Deborah Chen, notes “clear signs” suggesting that sustainable development, targeting the promotion of prosperity and economic opportunity, enhanced social well-being and protection of the environment, is not consistent with tobacco use.She said the threat to development directly impacts persons in the lower income bracket who are often unable to purchase clothes or medication, send their children to school or pay their bills, pointing out that “these issues really keep us back”.While noting that tobacco use imposes direct costs on the society, Mrs. Chen pointed to indirect costs “which we don’t measure…such as when that person can’t go to work because they are sick or when the breadwinner in the family dies from lung cancer.”She was speaking at a recent Jamaica Information Service (JIS) Think Tank at the agency’s head office in Kingston.Mrs. Chen noted the alarming global rate at which persons succumb to tobacco use, pointing out that this averaged 19,000 per day or 7.2 million annually. Eighty per cent of these, she added, live in lower and middle-income countries.The latest Jamaica Health and Lifestyle Survey shows that the prevalence of tobacco use by adults averaged 14.5 per cent.Pointing out that this figure was worrying, Mrs. Chen said the JCTC planned to lobby the relevant stakeholder support to reduce the use of tobacco and other nicotine products. Story Highlights While noting that tobacco use imposes direct costs on the society, Mrs. Chen pointed to indirect costs “which we don’t measure…such as when that person can’t go to work because they are sick or when the breadwinner in the family dies from lung cancer.” The JCTC is an advocacy group comprising representatives of the Association of General Practitioners; Diabetes Association of Jamaica; Caribbean College of Family Physicians (Jamaica Chapter); Heart Foundation of Jamaica; Jamaica Cancer Society; Jamaica Dental Association; Jamaica Psychiatric Association; Medical Association of Jamaica and Nurses Association of Jamaica.The group is advocating for the inclusion of tobacco control in the national response to the 2030 Sustainable Development Agenda
This health scheme, which was launched in November 2016 by the Minister of National Security, Robert Montague, targets security guards who are employed to private security companies across Jamaica. The Private Security Regulation Authority (PSRA) is appealing to guards contracted to private security companies to register under the sector’s self-contributory health insurance scheme provide by the Guardian Group.This health scheme, which was launched in November 2016 by the Minister of National Security, Robert Montague, targets security guards who are employed to private security companies across Jamaica.Executive Director of the PSRA, Rosalyn Monteith Campbell, told JIS News that there are more than 25,000 registered security guards, with 4,000 registered under the scheme, but only 402 paid up to date.“This initiative is a win-win situation. It benefits the guards, the companies and all of the persons within the security industry. Although we largely speak of the guards, the scheme is open to all persons who are licensed and registered with the PSRA,” she explained.Mrs. Monteith Campbell thanked the guards who have supported the scheme so far, especially those who have taken the interest in their own future to make the effort to make payments. She is encouraging the others to register and make their payments so that the scheme may become more viable.The benefits under the scheme are as follows: under option one, for employee only, an amount of $997 is paid per month; employee with one dependent pays $1,995 and employee with two or more dependents pays a rate of $2,793 per month. Dental and optical are not included, but all other basic health benefits and major medical valued at $2 million are included.Under option two, for employee only, a rate of $1,143 per month is paid; for employee with one dependent, $2,413; and employee with two or more dependents, $3,202. Dental and optical are not included, but all other basic health benefits and major medical valued at $2.5 million, are included.Under option three employee only is $1,205 per month; employee with one dependent, $2,413, and employee with two or more dependents, $3,377. Dental and optical are not included, but all other basic health benefits and major medical valued at $3 million are included. Meanwhile, for option four, employee only is $1,361 per month; employee with one dependent, $2,724; employee with two and more dependents, $3,811. Dental and optical are included, along with other health benefits and major medical valued at $4 million.For option five, for employee only, $1,882 monthly; employee with one dependent, $3,767; employee with two or more dependents, $5,272 per month. Dental and optical are included along with other health benefits and major medical valued at $5 million.Presently, the PSRA collects and hands over payments quarterly to Guardian Group on behalf of the guards.But as of October 1, when deductions are made at source by the security companies, funds will be paid over every two weeks. Mrs. Monteith Campbell is advising security guards not to confuse the health insurance with the life insurance.Explaining, she said the life insurance is a requirement under the Minimum Wage and Industrial Security Act, which requires that every employer must provide for each guard within their employ life insurance valued at $2.5 million, with double indemnity for accidental death, which will take it to a total of $5 million.The PSRA is a statutory body under the Ministry of National Security charged with the responsibility of monitoring and regulating all stakeholders in the private security industry. The Private Security Regulation Authority (PSRA) is appealing to guards contracted to private security companies to register under the sector’s self-contributory health insurance scheme provide by the Guardian Group. Presently, the PSRA collects and hands over payments quarterly to Guardian Group on behalf of the guards. But as of October 1, when deductions are made at source by the security companies, funds will be paid over every two weeks. Mrs. Monteith Campbell is advising security guards not to confuse the health insurance with the life insurance. Story Highlights
Improvement work at the Glen Owen Isolation Ward at the Bustamante Hospital for Children in Kingston continues today (May 23), in an effort to better treat patients with infectious diseases. Story Highlights The scope of the project, being undertaken in phases, includes installation of plumbing and electrical works; installation of air-conditioning units, LED lights, windows and doors, among other things. In an interview with JIS News, Mayor of Kingston, Senator Councillor Delroy Williams, said the project aims to improve the infrastructure and aesthetics at the facility. Improvement work at the Glen Owen Isolation Ward at the Bustamante Hospital for Children in Kingston continues today (May 23), in an effort to better treat patients with infectious diseases.Renovation of the ward, which started last week, is being undertaken by the Kingston and St. Andrew Municipal Corporation (KSAMC) as one of its 2018 Labour Day projects.The scope of the project, being undertaken in phases, includes installation of plumbing and electrical works; installation of air-conditioning units, LED lights, windows and doors, among other things.Employees of the KSAMC participated in painting and clean-up activities at the ward today.In an interview with JIS News, Mayor of Kingston, Senator Councillor Delroy Williams, said the project aims to improve the infrastructure and aesthetics at the facility.“We have basically put up a new structure, which is more secure. There is a decontamination area that you would have to enter; we didn’t have that before,” the Mayor said.He said the KSAMC is committed to continue the improvements at the ward, which caters to children from across the island.“This is a project that we can safely say is money well spent. We are committing to continuing the renovation work until we are satisfied that the ward is at a standard that we believe is right for our children,” he said.Senator Williams said the KSAMC will be looking to partner with the Hospital to provide equipment for the ward.Meanwhile, Chief Executive Officer at the Bustamante Hospital for Children, Anthony Wood, said the hospital is grateful for the support, as the renovation will not only improve the services of the hospital but will have a positive impact on staff.“I am excited and I believe my team is excited about it. This isolation area has been here for many years, from in the 1980s, but we have significantly improved it. We actually knocked it down and rebuilt it,” he said.Mr. Wood said the 25-bed ward is an important part of the medical management process at the facility.“Instead of putting them (children) on a general medical ward, we isolate them, treat them, manage them, and as soon as they start to recover, we move them out, because they would no longer need to be in that area,” he said.In healthcare facilities, isolation represents one of several measures that can be taken to implement infection control – the prevention of contagious diseases being spread from a patient to other patients, healthcare workers and visitors, or from outsiders to a particular patient.The Bustamante Hospital for Children is the only specialist paediatric hospital in the English-speaking Caribbean. It caters to the medical needs of children in Jamaica and neighbouring Caribbean countries from zero to 12 years.This year’s Labour Day projects were carried out under the theme ‘Ramp it up… Fix it up’, with a focus on installing ramps in schools and improving health centres.
The Ministry of Education, Youth and Information has partnered with the Rockhouse Foundation to establish Jamaica’s first public educational institution that will cater to students with and without disabilities.The Savanna-la-Mar Inclusive Infant Academy, based in Westmoreland, was formally opened by Portfolio Minister, Senator the Hon. Ruel Reid, on Wednesday (November 28).Senator Reid said the institution’s opening is timely, as it will meet the growing demand for the delivery of quality education to children with special needs“The inclusive model is in keeping with international standards and is a welcome addition to the education landscape in western Jamaica, especially here in Westmoreland, Savanna-la-Mar in particular, where service for children with special needs is extremely limited,” he stated.Senator Reid also underscored the importance of public-private partnerships that are aligned with the Ministry’s mandate, particularly in improving special education.“We believe that the Savanna-la-Mar Inclusive Infant Academy fits well with the aims and objectives of [the Ministry]. We know that not only will you cater to the academic development of children but [will] also provide related services, such as speech therapy, and physical therapy,” he said.The Minister explained that the inclusive model is designed to ensure that the needs of every child are catered to through a collaborative approach.“All children receive appropriate educational programmes [and] curricula relevant to their needs… . All children participate in co-curricular and extracurricular activities and benefit from cooperation, [and] collaboration among home, schools, and community,” he shared.In this regard, Senator Reid reaffirmed the Government’s commitment to the early childhood sector to provide all children, whatever their background, with a good foundation for their mental, physical and emotional development.For his part, Rockhouse Foundation President, Peter Rose, reiterated his commitment to continue working with the Ministry to develop other similar educational institutions across the island.“Our goal and aspiration… is for this to not be a one-of-a-kind institution in Jamaica, but to see others [established] across the island. Our goal is to be helpful to the Ministry in any way that we can.This kind of place sends such a strong signal, not just to the children and parents who are a part of this school family but to the wider community, the parish, [and] the region,” he said.Since its inception, the Foundation has spent close to US$5 million on educational endeavours in Jamaica.It has, to date, transformed and modernised five other institutions. They include the Moreland High, Primary and Infant Schools; Negril All-Age School; Negril Basic School; Little Bay All-Age and Infant School; and the Bunch of Stars Early Childhood institution.Additionally, the Foundation has renovated and expanded the Negril community library.
zoom BMT Group Ltd, a leading international design, engineering and risk management consultancy, has announced that Mr Jan Kopernicki has joined the Board of Directors as a non-executive Director.Jan has extensive experience in the shipping industry, with his career at Shell spanning over 40 years. As Head of Shipping until his retirement in 2011, his global team was responsible for Shell’s portfolio of oil tanker, LPG and LNG vessels and for advising on safety and environmental aspects of shipping. He also served as a member of the Shell Trading Executive Committee and Group Executive Sponsor for shipyard procurement.He was appointed CMG (Companion of the Order of St Michael and St George) in the 2012 New Year’s Honours list for his services to the safety and security of the international shipping community, recognising his role as President of the UK Chamber of Shipping, Chairmanship of the Oil Companies International Marine Forum (OCIMF) and contribution to combatting the threat of international piracy.Jan is a non-executive Director of J & J Denholm Ltd, Nordic Tankers Holding AB, and the UK Chamber of Shipping. A Leicester University graduate and Fellow of the Society of Biology, he has been active in a number of roles, including Chairman of Maritime UK, Co-Chair of the UK Shipping Defence Advisory Committee, Trustee of the Lloyds Register Foundation and a member of the British Airways International Business Advisory Board. He is an Honorary Captain in the Royal Naval Reserve and President of the Shell Pensioners Association.Commenting upon his appointment, Jan said: “I am very pleased to be joining such an exciting, innovative and international group, rooted as it is in scientific excellence. I look forward to supporting the continued success of the company and its people.”Dr Neil Cross, Chairman of BMT Group, says: “I am delighted to welcome Jan to the BMT Board. His breadth and depth of industry knowledge and experience will be invaluable to the company as we focus on continued growth and development.” BMT, February 13, 2014 My location Print Close 此页面无法正确加载 Google 地图。您是否拥有此网站？确定
zoom Nasdaq-listed tanker owner and operator Top Ships Inc. has sold and leased back two of its MR2 tankers, the M/T StenaWeco Energy and the M/T StenaWeco Evolution.The 2014-built, 49,737 dwt StenaWeco Energy and the 50,000 dwt newbuilding StenaWeco Evolution are expected to change hands in the first quarter of 2015.Following the sales, Top Ships will bareboat charter back both vessels and continue to operate them for seven years. In addition, the company has options to buy back the vessels after three years.Image: StenaWeco
zoom The LNG carrier Amur River, operated by Russia’s Sakhalin Energy Investment Company, departed on his first voyage under the Sakhalin-2 project laden with a cargo of liquefied natural gas (LNG) destined for the Asia-Pacific region. The Amur River left the port of Prigorodnoye on July 31 carrying 149,700 cubic metres of LNG.The agreement on the vessel freight for Sakhalin Energy was signed between the company and “Gazprom Marketing and Trading” in April 2014.The Amur River is equipped with cargo membrane tanks with total capacity of 149,700 cubic metres.The tanker is completely fitted for working under low temperatures and can work in ice conditions with the ice class 1A FS, a key condition for year-round LNG transportation from the LNG jetty of the Sakhalin-2 project in Prigorodnoye port.
zoom Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become the sole owner of its Vietnam-based subsidiary – NYK Line (Vietnam) Co. Ltd. Back in November 2006, NYK Line (Vietnam) Co. Ltd. was established as a joint-venture maritime transport agency between NYK and Vietnam’s VOSA Group of Companies.NYK initially had 51% of equity shares in the company, with VOSA controlling the remaining 49%.NYK recently purchased VOSA’s shares, and the Vietnamese government approved the application for NYK Line (Vietnam) Co. Ltd. to become a wholly owned subsidiary of NYK.NYK carries about 300,000 TEUs to and from Vietnam annually through 12 direct liner services. NYK also serves the country with bulk shipping services, transporting cargo such as coal, wood chips, and industrial plant facilities.
zoom Japan’s natural gas provider Tokyo Gas has launched operations at its newly constructed Hitachi LNG Terminal in the port of Hitachi.The new terminal is equipped with a 230,000 kilolitre LNG storage tank, capable of holding some 100,000 tons of chilled gas, as well as a 50,000 kilolitre LPG storage tank.The company said that it also started using the new high pressure trunk line Ibaraki-Tochigi Line, which brings Tokyo Gas’ owned high pressure pipeline network to a total of 950km, located mainly around Tokyo metropolitan area.The construction of the terminal and the line commenced in 2012 and, according to Tokyo gas, they are expected to meet the future growth of gas demand.The company said that it plans to construct a second LNG storage tank at the terminal by 2020, adding that the energy security would be improved in the Kanto region by looping high pressure trunk lines through connecting existing Kashima Waterfront Line and the new Ibaraki-Line.The move comes less than a month after the natural gas provider entered a heads of agreement with Diamond Gas International, Mitsubishi Corporation’s subsidiary, for sale and purchase of LNG from the Cameron LNG project in the United States.Under the agreement, Tokyo Gas said it would buy some 200,000 tons of LNG, equivalent to three cargoes per year, from Diamond Gas International at a price linked to the US natural gas market.
zoom Thirteen crew members on a ferry operated by Pan-European shipping company P&O Ferries have failed drugs testing, a representative from P&O Ferries revealed.The members of the crew onboard the 1991-built Pride of Canterbury, who were tested on two sea crossings between UK’s Dover and France’s Calais on December 8, 2016, recorded “non-negative” drugs tests.“As part of routine drugs testing of our crews, 13 individuals on the Pride of Canterbury recorded non-negative tests, which have now been sent for further analysis,” a P&O Ferries spokesman told World Maritime News.“P&O Ferries operates a zero tolerance policy towards substance abuse and any employees not complying with it will be dismissed,” the spokesperson added.Originally serving P&O’s old Dover to Zeebrugge route as a freight ship, the Pride of Canterbury was refurbished and converted to a cross-channel passenger ship, joining its sister ship the Pride of Kent in 2003.Including the Pride of Canterbury, which is able to accommodate 2,000 passengers and 600 cars, the company operates a fleet of more than twenty ferries.World Maritime News Staff
zoom Indian shipbuilder Cochin Shipyard Ltd has established a joint venture company with compatriot shipbuilder Hooghly Dock & Port Engineers Limited.The joint venture named Hooghly Cochin Shipyard Limited was set up on Monday, October 23, according to a regulatory filing from Cochin.The formation of the JV follows a green light from the country’s Ministry of Shipping in March this year.As disclosed, the new company aims to modernize shipbuilding infrastructure at the two shipyard sites of Salkia and Nazirgunge in Kolkata.Cochin Shipyard and Hooghly Dock & Port Engineers Limited will have 76% and 24% stake in the company respectively.In September, reports emerged on Cochin’s expansion plans in Andaman and Nicobar, Gujarat, Kolkata and Mumbai, where new facilities are expected to be set up.The plans were revealed by Nitin Gadkari, India’s Minister for Road Transport, Highways and Shipping, in an interview with Press Trust of India on the back of the shipbuilder’s initial public offering (IPO), through which Cochin Shipyard raised INR 14.4 billion (USD 224.8 million).As informed earlier, Cochin intends to use the proceeds to partly fund two expansion projects costing up to INR 28 billion (USD 436.3 million).
zoom A USD 1.25 billion senior financing agreement has been signed to fund the Pengerang Terminals (Two) Sdn Bhd (PT2SB) oil storage terminal in Pengerang, Malaysian state of Johor, Vopak informed. PT2SB, a joint venture between Petroliam Nasional Berhad (PETRONAS), Dialog Group Berhad (Dialog), the state of Johor (SSI) and Royal Vopak inked the deal with a banking syndicate of nine international banks on December 12. The syndicate consists of AmInvestment Bank, DBS, ING Bank, Maybank, MUFG, Natixis, OCBC, SMBC, and UOB.The construction of PT2SB started in early 2015 and is scheduled for commissioning in various phases during the first half of 2019.This industrial terminal will predominantly serve the PETRONAS Refinery and Petrochemicals Integrated Development project (RAPID).PT2SB will have an initial storage capacity of 1.65 million cubic meters for crude, refined products, petrochemical products and liquefied petroleum gas (LPG). The marine infrastructure includes twelve berths. The draft of 24 meters can also accommodate very large crude carriers (VLCCs).The project costs are estimated around USD 1.6 billion, of which approximately 20% will be funded with equity contributions by the shareholders and approximately 80% is provided in the form of project financing through the abovementioned banking syndicate, as explained by Vopak.The financing facilities will have a final maturity of 15 years with a repayment schedule which starts after commissioning. The financing is initially based on variable interest rates and PT2SB will enter into financial hedge instruments to materially reduce the potential interest exposure.“We are proud that we have been able to secure the financing for this flagship project and we are very pleased with the commitment demonstrated by nine relationship banks participating in the financing of this project,” Jack de Kreij, Vice-Chairman of the Executive Board and CFO of Vopak, commented.
zoom Four new Kamsarmax bulk carriers will be handed over to Athens-based ship manager Alpha Bulkers this year.The company said on its website that it is overseeing the construction of four eco newbuildings, featuring 81,800 in dwt each.Two ships from the unnamed quartet are flagged in Greece while the remaining two will fly the flag of the Marshall Islands.The four Kamsarmaxes were purchased from Chinese Yangzijiang Shipbuilding Holdings, according to the latest data provided by Asiasis.Nevertheless, the financial details of the deal were not disclosed.World Maritime News is yet to received a comment from Alpha Bulkers on the reported purchase.The ship management company has a fleet of thirty-one large bulk carriers, ranging from Panamax to Capesize vessels.World Maritime News Staff
zoom Daewoo Shipbuilding and Marine Engineering (DSME), one of the Big Three South Korean shipbuilders, revealed earlier today that it has been contracted to build two LNG carriers for an undisclosed shipowner from Oceania.The value of the contract is said to be KRW 389.9 billion (USD 366 million).The two ships will be built at DSME’s Okpo shipyard and delivered to the owners in the first half of 2021, the company said.The 173,000 cbm newbuilds will be fitted with the M-type, Electronically Controlled, Gas Injection (MEGI) engines.A total of 14 LNG carriers are estimated to have been ordered this year, data from Clarksons shows. Out of this total, the construction of 13 ships has been entrusted to South Korean shipbuilders.DSME said that it had secured a 43 pct share of the orderbook with 6 orders for LNG carriers obtained so far this year.DSME has managed to return to profit in 2017 for the first time in the past six years.The company recorded a net income of KRW 669.9 billion (USD 629.7 million) in 2017, compared to a loss of KRW 2.79 trillion posted a year earlier.World Maritime News Staff
zoomIllustration; Image Courtesy: Pixabay under CC0 Creative Commons license Japanese shipbuilding company Kawasaki Heavy Industries (KHI) has received a very large gas carrier (VLGC) order from Singapore’s Kumiai Navigation. Kawasaki will build the 84,000 cbm vessel at its Sakaide Shipyard, a spokesperson of KHI told World Maritime News.No further details have been unveiled.Back in 2015, Kumiai Navigation ordered two 82,200 cbm VLGC LPG vessels at Kawasaki Heavy. The first of them, Pyxis Alfa, was handed over to its owner in May 2017, while the second one is scheduled for delivery in April this year, according to information provided by VesselsValue.In addition, Kumiai Navigation ordered one more identical VLGC vessel at Kawasaki in 2017. The newbuilding, currently under construction at Sakaide yard, is slated for delivery in January 2020.Last month, Kumiai decided to dispose of one VLGC LPG ship, Ocean Orchid. The 79,538 cbm ship, built in 2001, was sold for USD 24 million to an unnamed Middle Eastern buyer.Established in 1995, Kumiai Navigation is a subsidiary of Kumiai Senpaku Co Ltd, a shipowner in Japan. The company currently has a fleet of fourteen vessels including bulkers and LPG carriers, with a total fleet value of USD 718.34 million, VesselsValue’s data shows.World Maritime News Staff
zoomIllustration; Source: Flickr – under the CC BY-SA 2.0 license; Image by: Kees Torn The UAE-based shipping and logistics company ADNOC Logistics & Services has joined the LNG Marine Fuel Institute (LNG MFI), an independent not for profit organization promoting the best practice use of LNG as a marine fuel.“Our partnership with LNG MFI will add value for the development of LNG as a marine fuel, contributing in supporting the marine industry in Australia and neighbouring countries, in line with our ongoing effort to foster a sustainable environment for our trade,” Captain Mohamed Al Ali, Senior Vice President – Ship Management at ADNOC Logistics & Services, commented. “LNG MFI is excited to have ADNOC Logistics & Services come on board as our newest member,” Margot Matthews, LNG MFI CEO, said.“Logistics and shipping services are a critical component in the supply chain of LNG as a marine fuel and ADNOC … is addressing the GHG and the impending IMO Sulphur challenges through the use of new technologies and corporate awareness,” Matthews added.Based in Perth, Australia, LNG MFI works with and for industry and government partners to provide information, advocacy and expertise to secure the long-term sustainability and impact of LNG as a marine fuel.ADNOC Logistics & Services is 100% owned by Abu Dhabi National Oil Company (ADNOC) and transports products for several ADNOC Group companies. Its fleet currently comprises more than 28 ocean-going, 48 offshore support and 47 port operation vessels.
Motorists in the Nictaux area will be driving on several newly paved sections of roads after the completion of a paving project tendered by Nova Scotia’s Department of Transportation and Public Works. The province has advertised a tender for the construction of pavement on Chipman Drive in Nictaux from the intersection of Trunk 10 to the intersection of Baxter Avenue and on Baxter Avenue from the intersection of Route 201 to the intersection of Chipman Drive. “The project is being jointly funded by the province and Annapolis County through the subdivision road paving program,” said Michael Baker, acting Minister of Transportation and Public Works. “The work is scheduled for completion before the end of October.” The tender will close on Friday, Aug. 19. The Department of Transportation and Public Works’ highways division manages more than 23,000 kilometres of roads in Nova Scotia. It maintains 4,100 bridges and operates seven provincial ferries. Staff provide services from district offices in Bridgewater, Bedford, Truro and Sydney. -30-