News / Japanese lines eye a new shipping horizon and a battle to regain profitability

first_img Significantly greater cost competitiveness is the only way to “defeat” ocean carrier rivals, K Line president Eizo Murakami said today in his new year message to staff.In the traditional annual motivational messages by the Japanese lines, Mr Murakami, as well as NYK president Tadaaki Naito and MOL chief executive Junichiro Ikeda, commented on the surprise decision in October to merge their container businesses into a joint-venture operation in April 2018.The Japanese trio say they expect to save $1.1bn a year in synergies from the new carrier’s improved scale and ability to compete with other top carriers.Past years have been very painful, financially, for the mid-sized Japanese carriers and, according to Drewry’s calculations, they have collectively lost some $1.5bn since 2012.The new entity will sit at number six in the container line league table with a 7% share of the global container market, based on a combined fleet of 1.4m teu – and an order book of 360,000 teu. Currently MOL ranks at 11, NYK at 14 and K Line 16th.NYK will hold a 38% equity stake and K Line and MOL 31% each. It is planned that the new company, as yet unnamed, will be established by 1 July this year but won’t commence business until 1 April 2018.Mr Naito said 2016 had been a “turbulent year” for NYK, posting large losses and recording “a substantial decline in capital stock, which our predecessors worked so hard to accumulate”.He added that the integration of the container businesses would have a “major impact on the entire group”.MOL chief Junichiro Ikeda said that in 2017, “the highest priority is to restore profitability”, adding: “The MOL group will have a much different profile after the container business is transferred.”At a joint press conference at the end of October, it was explained that the competiveness and profitability of the new JV would be achieved by “combining efficiently the three major elements of vessel, container, and employee”.This will involve pooling ships and containers, consolidating offices around the world – with inevitable staff redundancies – and the rationalisation of agents and service providers.All three executives pledged that afterwards liner shipping would continue as a core business for their individual companies, all three managing a wide portfolio of other activities including bulk shipping, offshore, LNG, heavylift, car-carrying and air cargo.Mr Naito said that NYK’s Yusen Logistics business would become “more strategically important”.“We need to expand the scale of this business and enhance its operations. I would like to see it grow as a core business for the NYK group,” he said.K Line, currently a member of the CKYE alliance, will join compatriots MOL and NYK, partners in the G6 alliance, in the new THE Alliance from April. It was said this was a key factor in the decision to merge their container businesses. By Mike Wackett 04/01/2017last_img read more

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NYT: 15 million potential Johnson & Johnson vaccines ruined by ingredient mix-up

first_imgWhat you need to know about getting your second vaccine dose April 23, 2021 Advertisement Florida resumes Johnson & Johnson COVID-19 vaccine April 27, 2021 Advertisement CDC to discuss the use of Johnson & Johnson vaccine on Friday April 24, 2021 RELATEDTOPICS 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 An entire batch of potential Johnson & Johnson COVID-19 vaccines were found to be unusable during an inspection, the company announced on Wednesday. As many as 15 million doses were ruined due to an ingredient mix-up, the New York Times reported. The faulty vaccines were created at a Baltimore plant called Emergent Biosolutions, which is a site not yet authorized to manufacture the drug substance used in the J&J vaccine. The company noted that the batch was never advanced to the filling and finishing stages of its manufacturing process. Instead, J&J said the discovery is a testament to its “rigorous quality control.”The drugmaker said it shared the incident with the United States Food & Drug Administration [FDA]. The ruined vaccines have delayed Emergency Use Authorization for the Emergent Bayview Facility. AdvertisementJ&J said they will continue to work with additional experts in manufacturing, technical operations and quality to provide additional on-site supervision as they work toward approval. The company said it still expects to deliver an additional 24 million single-shot vaccine doses through April. Emergent also makes the AstraZeneca vaccine, which has not been authorized in the Unites States.The FDA authorized J&J’s vaccine in late February, but the drugmaker did not produce enough to meet earlier production timelines established by a contract with the federal government. Another Johnson & Johnson COVID-19 vaccine side effect possible April 22, 2021 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 AdvertisementTags: Johnson & Johnsonlast_img read more

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Young Entrepreneurs Programme (YEP) Orientation Session Ends

first_imgYoung Entrepreneurs Programme (YEP) Orientation Session Ends Office of the Prime MinisterJuly 15, 2009 Advertisements RelatedYoung Entrepreneurs Programme (YEP) Orientation Session Ends RelatedYoung Entrepreneurs Programme (YEP) Orientation Session Endscenter_img FacebookTwitterWhatsAppEmail Phase one of the Young Entrepreneurs Programme (YEP), has ended, following five weeks of Orientation Sessions island wide, with approximately 1000 school leavers exhibiting interest to participate in the programmeYEP, a social safety initiative announced by Prime Minister the Hon Bruce Golding in his 2009/10 Budget Presentation, is aimed at ensuring that 2009 school leavers of high schools and tertiary institutions, who are interested in starting their own businesses, are exposed to training, have access to funding and are provided with post-loan support services. Under the programme $200 million will be on-lent to Micro Finance Institutions by the Development Bank of Jamaica which manages the project.As a prelude to their application for credit, the YEP has a series of training and support initiatives, intended to increase the likelihood of the young entrepreneur’s ability to access funding and manage a successful enterprise.The first of these, Module One, was a series of orientation sessions held islandwide. “Orientation Sessions began in the Kingston Metropolitan Area on June 17th and at that time we had anticipated that some 2000 graduates/school leavers would attend the orientation sessions”, explains Manager, Entrepreneurial Services at HEART Trust Clive Grossett.“We have had to cancel Orientation in Manchester because of the ban as a result of the HINI. However a new date has been arrived at and Orientation for Manchester will now be held on Friday, July 24th in two locations: at the Mandeville VTDI Campus at 26 Grove Road; and at the Holmwood Technical High School in Christiana”, Mr. Grossett continues.“We are encouraged and pleased with attendance in some locations”, states Executive Director of the Jamaica Business Development Corporation (JBDC). “Approximately 130 participants attended the session at the HEART Academy in Runaway Bay St. Ann; and 150 at the HEART Academy in Half Way Tree Kingston” he continues. Attendance in St. James; Westmoreland was less than desired. To this end we are moving to hold regional sessions in late August to ensure that all school leavers who missed the first set of Orientation will have another chance to ”get on board’.“Currently we are contacting candidates who will move on to Module 2; which is the three-day workshops. This is where participants who are really interested in starting their own businesses and who have the true entrepreneurial spirit will be exposed to training in managing and running an enterprise. The sessions will commence on July 15 in the KMA and then rolled out across the island over the next four weeks,” states Wayne Beecher of Success Financial Service.Under the Young Entrepreneurs Programme a successful candidate who has been through all Modules of the Programme will be able to access up $100,000 to start his/her own micro business. Loans are to be accessed through any of four MicroFinance Institutions island-wide; Access Financial Services; JN Small Business Loans Limited; Micro Credit Limited and NationGrowth MicroFiannce Limited. Interest rate on the loan is set at 10 per cent on the reducing balance. RelatedYoung Entrepreneurs Programme (YEP) Orientation Session Endslast_img read more

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Marine protection falls short of the 2020 target to safeguard 10% of the world’s oceans

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Dec. 14, 2020 Global leaders pledged to protect 10% of the oceans by 2020. We’re nowhere close, but a U.N. treaty and lessons from Antarctica could help. Assistant Professor Cassandra Brooks and a colleague share on The Conversation. Read the Article The Conversation on CUBTCategories:The ConversationNews Headlineslast_img

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10 things to do this week: Be Involved Fair, mind reading, more

first_img Published: Jan. 22, 2021 This week brings the CU Summer Abroad Expo, a Zen meditation session, a virtual mind-reading session and more.Monday, Jan. 25Mindful Mondays: Healthy Habits 2–3 p.m.  ZoomStart the week on a positive note by learning how to cope with cravings as part of a mindfulness activity. Register for Mindful Mondays.CMCI Skills and Trends to Help You Stand Out in the Job Market 12:30–1 p.m. ZoomHear the latest industry news and trends within the CMCI community. Learn more about skill development, industry resources and more. Virtual event: International Affairs During the Next Presidential Administration Jan. 25, 27 and 29  Virtual Join the Conference on World Affairs for a three-day virtual event exploring how the U.S.’s international affairs might take shape as we enter a new presidential administration in our country.Tuesday, Jan. 26Be Involved Fair 1–5 p.m.  VirtualMake new connections and learn about opportunities to get involved on campus and in the community at the Be Involved Fair. Meet with leaders and members of student organizations and nonprofit organizations who are looking for new and enthusiastic volunteers.CU Summer Abroad Expo 10 a.m. to 6 p.m. Virtual Join CU Ed Abroad virtually to learn about all of your opportunities to study or complete an internship abroad this summer!CU Boulder weekly COVID-19 update 12–1 p.m.  Virtual Tune in to hear CU Boulder leaders provide the latest information on the university’s ongoing response to the pandemic and take questions.Wednesday, Jan. 13Wellness Wednesdays: Healthy Habits 2–3 p.m.  Zoom Bring a friend to learn how to build healthy habits for a successful semester. Don’t forget to register for Wellness Wednesdays.Zen Meditation 6–6:45 p.m.  Virtual Join Sigman Myoshin Byrd, senior instructor in the Program for Writing and Rhetoric, for a 25-minute sitting session, followed by a brief discussion about Zen and the experience of doing zazen (sitting meditation).Thursday, Jan. 14How to Gain Experience and Build Skills without a Job 3–4 p.m.  VirtualAre you looking for opportunities beyond traditional jobs and internships to build your resume and skill set? Whether you have work experience or not, come learn about alternative experiences like freelance work, volunteering, entrepreneurship and more! Register on Handshake.Buffalo Nites: Virtual Mind Reading Shop 7 p.m.  VirtualJoin Mark Toland, award-winning mind reader, for a night you will never forget. He can tell you your birthday, where you grew up and what you did last summer. He will, quite literally, blow your mind. He has appeared on NBC, WGN, FOX, NPR, ABC and has even given his own TED Talk. Plus, he has performed for hundreds of major colleges and corporations around the world.Categories:Things to DoCampus Community Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

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Boulder Faculty Assembly introduces censure motion against CU President Mark Kennedy

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: April 1, 2021 The Boulder Faculty Assembly on Thursday discussed a motion introduced by the governance body’s executive committee calling for a censure of CU President Mark Kennedy for “his failure of leadership with respect to diversity, equity and inclusion.”The 10-point resolution originated with a March 22 letter to BFA Chair Bob Ferry calling for a censure of Kennedy. It was turned into a resolution after a consensus on the executive committee that “it was proper to bring it forward,” Ferry said. The resolution accuses Kennedy of refusing to include diversity, equity and inclusion as “a standalone pillar in his administration’s strategic plan,” failing to support campus efforts to secure visas for international students in response to a Trump administration policy, and conduct that continues to undermine “the institution’s commitments to diversity, equity and inclusion,” among seven other accusations in the resolution. Ferry was careful to explain to the assembly that the motion should be carefully considered and discussed by faculty across the campus before a scheduled vote on April 29. “The BFA isn’t telling reps or units whether they should agree with all the bullet points on it…it’s up to you in your unit to return with your vote on April 29 for or against the censure––you can do what you like,” Ferry said. Ferry said it was likely the motion would undergo amendments and edits, “but at the end of the day we’ll have a resolution—essentially this one—and we’ll take a vote.” BFA representative Alastair Norcross of Philosophy supported Ferry’s encouragement to socialize the measure with rank-and-file faculty, saying it was important to “make available the motion and supporting documents—show them the links, show them the faculty council resolution, we want this vote to be as informed as possible.”Some discussion ensued following a question by BFA member Melinda Piket-May of Electrical, Computer & Energy Engineering as to how the Colorado Springs Gazette had been able to run an opinion piece posted on March 31 criticizing the BFA measure and defending Kennedy before the BFA had formally introduced the motion. Some discussion focused on the purpose of the motion and whether it was fair. BFA member Adam Norris of Applied Mathematics said he had been asked by more than one person, “What’s the point and where are we trying to go with this?” Ferry said he felt it was important the BFA discuss the issue and that “whatever happens, the expression of our feeling about this is in and of itself the goal.” Ravinder Singh of Molecular, Cellular and Developmental Biology said he wondered if Kennedy would be credited for hiring Chief Diversity Officer Theodosia Cook and whether the crafting of the resolution was “blunting” any possible achievements in diversity Kennedy should be credited with. “The question is, is this one-sided?” Singh said. “What is the exit strategy here—I’m just pointing out it’s worth considering these things.” David Paradis of History quickly countered, “He didn’t take any initiative on diversity topics until he was pushed to do so…it was only after he was carried there kicking and screaming.” A statement from Kennedy provided by CU system Vice President for Communication Ken McConnellogue stated progress on diversity, equity, and inclusion “is a priority I share with the CU Board of Regents and the entire university community.”“I am committed to this work and believe we have made significant progress to date. Yet there is much more to do, and I look forward to the opportunity to engage the Boulder Faculty Assembly to discuss ways we can collectively advance DEI,” Kennedy said in the statement.Ferry explained it was also possible that the BFA could conduct a poll of the faculty senate as well.The Faculty Senate consists of all members of the general faculty of the University of Colorado with appointments of 50% or more and with the titles of professor, associate professor, assistant professor, senior instructor, instructor, scholar in residence and artist in residence.“I think we’ll bring these together—to say here is the BFA vote and here is the Faculty Senate vote,” Ferry said. In addition to the BFA motion, earlier in the day the executive committee of the Faculty Council––the governance organization for faculty across the CU system––passed a resolution of reprimand for Kennedy for “his failure of leadership in regard to shared governance as outlined in CU Regent Law and Policy.”“Moreover, Faculty Council’s Executive Committee calls on President Kennedy to swiftly and publicly refute recent unwarranted and misinformed attacks on CU faculty in an effort to ‘promote free expression on the University of Colorado campuses…while simultaneously protecting the university environment,’” the Faculty Council resolution said. In other BFA newsMembers voted unanimously to support a resolution supporting more awareness around Anti-Asian Racism. The resolution was brought forward by the BFA Diversity Committee on March 19, 2021.CU Boulder Provost Russell Moore briefed the faculty on preparations for next fall. Moore noted the COVID-19 pandemic had exposed, “sometimes in a disastrous way, some of the non-resilient systems we have on campus.” In response to a question, he cited as an example “Study Abroad, which, he said, as an auxiliary funded enterprise, “was decimated (financially) and we had to come to its rescue.”CU Senior Vice Provost for Academic Planning and Assessment Katherine Eggert reported to the BFA: “Seventy percent of our classes (for fall 2021) are in-person; 11% are hybrid-in person, and 19% are remote and online.” She expected masks would be required in the fall for indoor instruction and activities, until further notice.Due to the availability of vaccines, “We’ll go back to normal practice for those who need an accommodation. If a faculty member has a medical or family need for accommodation or leave, we’ll be back to the usual practice of FMLA leave or requesting ADA accommodation. Students who need a classroom accommodation for medical reasons will work with disability services to document that need.”Categories:Deadlines & AnnouncementsCampus Communitylast_img read more

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3UK set for £2B 5G investment

first_img Tags 3UK5G Related Nokia scores Philippines 5G deal with Dito Author Chris Donkin Mobile operator 3 UK committed to spending £2 billion to develop and launch 5G services, a sum CEO Dave Dyson (pictured) said would give it a platform to better challenge in the market, though he warned the investment would stagnate profit growth in the short term.Speaking at the company’s 5G and network transformation event in London, Dyson said parent company CK Hutchison had taken a “long term view” and talked-up the operator’s ability to become more competitive as a result of its investment in network transformation and 5G.“It’s a tough decision to make for the shareholder,” Dyson said, adding it would cause “short term pressure” but offered long term growth by becoming “even more competitive and stronger in the market.”3 UK is the fourth-largest operator in the country. Dyson estimated the business at half the size of Vodafone UK, and a third of the size of Telefonica brand O2 and BT’s EE.It is also the newest player in the market and has been at the forefront of launching a number of new tariffs and services since opening for business in 2003, though the adoption of new technologies came with some teething problems around service availability.Although its customers have been happy with the service received for some time and it performs well in independent tests, Dyson said the perception from some non-customers is that its network was still lagging. This, he said, would be addressed by its new strategy and network rollout.Among the company’s corporate goals are attracting high-worth millennials, a switch to a “service-led” model and to increase the scale of the company.“For us to be in a more sustainable position, we need to double the size of the business,” he noted.InfrastructureAs part of its investment and previously announced transformation strategy, the company has already made a number of changes covering network technology and back office services.Among the headline spends so far are £151 million on spectrum in the UK’s 5G auction and acquiring small fixed-line service provider UK Broadband for £250 million in February, a deal Dyson said was mainly to add to its spectrum portfolio.However, the buy also gives the company a step-up to launching fixed wireless access 5G services through UK Broadband’s Relish brand, which only operates in a small part of the UK.The operator also invested in Project Montana, a joint venture with O2 UK and energy company SSE to install fibre backhaul in the UK’s sewerage system. It has also invested in new cloud core network infrastructure from Nokia, forged deals with Huawei related directly to its 5G network and increased its data centre footprint. Subscribe to our daily newsletter Back Previous ArticleNokia steps up enterprise market playNext ArticleEE bulks up 5G trials as UK race hots up center_img Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Home 3UK set for £2B 5G investment Telkomsel turns on 5G in major cities Asia AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 07 NOV 2018 Mobile Mix: Buzzing for Barcelonalast_img read more

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5 Things for TOC: DJ, Rahm, windy flashback

first_imgThe PGA Tour arrives in beautiful Hawaii for its annual resumption at Kapalua, with Masters champ Dustin Johnson as the favorite, Jon Rahm sporting an all new bag and look, and Bryson DeChambeau licking his chops. Here’s everything you need – and some stuff you didn’t think you needed – to know for the Sentry Tournament of Champions: All eyes on Dustin Johnson. The last time we saw DJ, he was slipping on a green jacket. Now, the Masters champion is making his first start since his breakthrough performance at Augusta National – and it comes at a comfortable spot for the world No. 1. Johnson’s record at Kapalua is impressive (two wins, four other top-7 finishes), and who could forget the near ace he made two years ago at the 433-yard, par-4 12th hole? But is Johnson ready to pick up where he left off in November? “How sharp I’m going to be? I can’t really say yet,” Johnson told Golf Channel’s Todd Lewis on Monday. “I got over here last week, so I’ve been here for a little bit. Got a little practice in, not a whole lot, more enjoying the beach and the family. But the game’s fine, I mean, I played this morning and then went and practiced a little bit on the range. It’s all right; it’s about where it normally is this time of year, a lot of things to work on. But yeah, still feels pretty good. Probably not quite as strong, but this is a good golf course to be a little rusty on.” Bettors apparently agree: Johnson is currently the favorite to win, at +615 odds, according to PointsBet Sportsbook. Getty Images What else we’re talking about New year, new gear. The biggest equipment move of the offseason was easily world No. 2 Jon Rahm going from TaylorMade to Callaway. Rahm will play Callaway’s driver, irons, wedges and ball, and an Odyssey putter, though he could begin the year just with the driver, irons and ball as he dials in the other clubs. In the past, other high-profile players have had adjustment periods with new equipment, including Rory McIlroy after switching from Titleist to Nike, but Rahm appears confident that he’ll hit the ground running. He said he shot 59 in his first round with the new sticks. “The equipment is already performing well for me,” said Rahm, who also changed apparel sponsors, switching from Adidas to Travis Mathew. Other equipment news includes Adam Scott being seen Monday at Kapalua with an arm-lock putter (and a UNIQLO hat) and Patrick Reed now sporting G/FORE attire. Dustin Johnson and Collin Morikawa have been pictured playing the new TaylorMade SIM2 driver and wearing new and unreleased Adidas footwear. Bryson DeChambeau. Did you really expect him not to be mentioned? DeChambeau’s quest to get bigger and longer continued over the holidays, and after nearly breaking 200 mph ball speed in competition in 2020, that threshold could be broken as soon as this week. In speaking Tuesday with Golf Channel’s Todd Lewis, DeChambeau said that a day earlier he hit 211 mph ball speed on the range while “pretty easily” reaching 201 mph ball speed on No. 18. He also hit an 8-iron 205 yards. “Whether it happens this week or not, we’ll see,” he said. As he chases his desired goal of 210 mph average ball speed, DeChambeau will be expected to send it early and often at the 7,596-yard course, where he’ll play the first round alongside Brendon Todd in the ultimate juxtaposition. DeChambeau (337.8 yards) currently leads the Tour in driving distance while Todd (276.6) is last among players with more than 16 rounds this season. The difference between them is more than 50 yards. There’s also another reason we’ll be paying close attention to DeChambeau … Pace of play. After much anticipation, the Tour’s new pace-of-play policy will debut (finally) at Kapalua. In what was initially supposed to be a 2020 rollout at the RBC Heritage, the new policy is designed to focus on slow individuals rather than slow groups. Here are more details from Golf Channel’s Rex Hoggard: “The most dramatic change to the policy will be the creation of an observation list of the Tour’s habitually slow players. The list will include players who take longer than 45 seconds on average to hit a shot, based on ShotLink data. The average will be based on a 10-tournament rolling window, which will allow players to improve their pace. Players who land on the observation list will be monitored during rounds and will be subject to a 60-second limit for all shots. If a player on the list exceeds 60 seconds they will be individually timed even if their group is not considered out of position.” If a player receives a bad time during a tournament, that player will receive a warning for the first offense. One-stroke penalties will be given starting with the second offense. Getty Images Gut feeling Xander Schauffele will win. Technically, Schauffele hasn’t won since 2019 at Kapalua, though as Schauffele himself contended on Tuesday, he did shoot the lowest 72-hole score at last summer’s Tour Championship. After last year’s bitter playoff defeat at the TOC – here’s the quote: “I should have won the tournament. I know it. Everyone knows it” – Schauffele should be extra motivated to get it done again in Hawaii and make up for a title-less 2020. It won’t be easy, though. He is getting over COVID-19 after testing positive on Dec. 18 and only recently turning out a negative result. Schauffele, who said he woke up that morning “sick as a dog and dragged myself to the clinic,” has slowly been getting his strength back. He returned to practice after his quarantine ended, on Dec. 29, but admits he’s still “not in great shape.” “Kind of in a weird place physically, I should say,” he said. “But mentally, I can fake it until I make it. So I’ll have to fall back on some good memories from the past couple years.” Getty Images Remember when … Dustin Johnson won his first Tournament of Champions? The year was 2013, and Hyundai was still the tournament’s title sponsor. Oh, and it was really windy. The weather was so bad that Rickie Fowler hit the first shot of the year three times. Yes, three. Friday’s opening round was scrapped with the first group through eight holes. Saturday’s planned restart also fell through. So, too, did Sunday’s, where players again had scores wiped clean. “We got balls rolling all over the green,” Tour rules official Slugger White said after Saturday, as 50 mph gusts wreaked havoc on the field. White also added this gem of a quote in reference to Sunday’s forecast: “A little less moisture, more like pineapple showers than these downpours that we have had.” Finally, the Tour was able to get its new year rolling on Monday, where players completed 36 holes before finishing the 54-hole shortened event on Tuesday. Johnson shot 16 under to clip runner-up Steve Stricker by four shots. Getty Images Did you know? With the worst odds in the field, Nick Taylor (+35000) may need a few red shells and Bullet Bills this week at Kapalua. Don’t get the reference? Taylor is a self-proclaimed top-5 player in the world when it comes to playing Mario Kart on the Nintendo 64. Taylor’s college coach at Washington, Matt Thurmond, who is now at Arizona State, said Taylor played religiously while in college, but that didn’t mean Thurmond kept a console at the Huskies’ practice facility. “They played plenty at their apartment,” he said. Taylor, whose fellow gamers included teammate, roommate and now fellow Tour pro Joel Dahmen, agreed with that statement. “’Too often’ would be the best remark,” Taylor told ESPN back in 2016. “When we first got it, we started playing NFL Blitz, then we went to Mario Kart. Essentially, we got addicted and there were three or four of us in the house playing all the time. We played too much but got pretty good. We kept playing and playing. It was in the winter, so there was more Mario Kart than golf.”last_img read more

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News / $150m profit turnaround for Hapag-Lloyd in Q1, ‘but Q2 will be tougher’

first_img“I would not be disappointed if the result was a little bit lower in Q2; that would still be in line with our expectations,” he said during this morning’s earnings call.Q1 liftings increased by 2.4% on the previous year, to 2.9m teu, while the carrier’s average freight rate jumped 4.9% to $1,079 per teu, resulting in a revenue increase of 8% to $3.5bn.Although transpacific volumes in the quarter were flat, compared with the previous year, at 450,000 teu, Hapag-Lloyd’s carryings between Asia and Europe and on the Atlantic increased by 7%, to 556,000 teu and 470,000 teu respectively.Mr Habben Jansen said there had been a “reasonable recovery” post-Chinese New Year, adding “we are starting to see signals that demand is picking up”.He added: “I don’t see anything abnormal in the market right now, that’s why I say that it will pick up in the next four to six weeks.”Hapag-Lloyd is forecasting demand growth of 4% this year, which is more optimistic than some of its peers, including Maersk.In terms of contract rate increases, the German carrier said it had achieved uplifts of “$50-$100” per teu for Asia-Europe, and Mr Habben Jansen revealed that transpacific contract hikes were in the region of “three digits per teu”.He said that just over 50% of the carrier’s transpacific trade was carried under contract, whereas between Asia and Europe that number drops to “around 25%”, adding that globally the spot market accounted for 60%-65% of cargo carried.Notwithstanding the lack of clarity on the premium for low-sulphur fuel required to comply with the IMO’s 0.5% sulphur cap on bunker fuel from 1 January next year, Hapag-Lloyd said it continued to budget on a price differential equating to around $80-$100 per teu.The carrier claims it has been successful rolling out its MFR (marine fuel recovery) programme across all its regions and that “there is an understanding from shippers that they must pay more”.Only 10 of its owned fleet of 112 vessels will be fitted with scrubbers to allow them to continue to burn cheaper heavy fuel oil after IMO 2020, and there will be just one of its 15,000 teu ULCVs, inherited from its merger with UASC, converted to run on LNG as a trial, due to the $25m estimated cost of each retrofit.On the subject of French and Greek government proposals to the IMO for an almost immediate mandatory speed limit on vessels to cut greenhouse gas emissions, Mr Habben Jansen said there “aren’t enough ships to really steam a lot slower”.And he summed up: “We are cautiously optimistic about 2019, despite slightly dampened forecasts for global economic growth and higher fuel prices… Q1 was in line with our expectations and we believe we can make further progress towards our strategic objectives.” By Mike Wackett 09/05/2019 Hapag-Lloyd recorded a net profit of $109m in the first quarter as the carrier benefited from increased volumes and average freight rate gains on most of its liner trades.The result compares with a loss of $42m in Q1 18.“Thanks to higher transport volumes, better freight rates and a strong US dollar, we achieved a good result and got the year off to a very decent start,” said chief executive Rolf Habben Jansen.However, the company expects Q2 to be somewhat tougher.center_img The merged company will have its headquarters in Hamburglast_img read more

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Six Nations: Wales favourites but France still in the hunt

first_img Callum Sheedy kicks a penalty for Wales Six Nations: Wales favourites but France still in the hunt ‘ ‘ Five one-cap Boks that could still represent South AfricaSA Rugby MagUndo Posted in Six Nations, Top headlines, Top story ‘ Datemyage.comWould You Like To Meet 40+ Singles Near Tsuen Wan?Datemyage.com|SponsoredSponsoredUndoWorld Cup-winning Bok quartet in Eddie Jones’ all-time XVSA Rugby MagUndoWatch: Kolbe makes Test players look amateur – Ugo MonyeSA Rugby MagUndoLife Exact BrazilGrace Jones Is Now 72 Years Old, This Is Her NowLife Exact Brazil|SponsoredSponsoredUndo From the magazine: Jano Vermaak names his Perfect XVFormer Springbok, Bulls, Lions and Stormers scrumhalf Jano Vermaak names a team of the best he played alongside and against.SA Rugby MagUndoLoans | Search AdsLooking for loan in Hong Kong? Find options hereLoans | Search Ads|SponsoredSponsoredUndoCNAHow is life for Cambodian boy linguist after viral fame?CNA|SponsoredSponsoredUndo熱門話題對肚腩脂肪感到後悔!試了在萬寧賣的這個後…熱門話題|SponsoredSponsoredUndoGoGoPeak10 Most Beautiful Cities You Should Visit Once In Your LifetimeGoGoPeak|SponsoredSponsoredUndoHero WarsThis game will keep you up all night!Hero Wars|SponsoredSponsoredUndo BabbelLearning a new language this year? – This app gets you speaking in just 3 weeksBabbel|SponsoredSponsoredUndo AlphaCuteOprah’s New House Cost $90 Million, And This Is What It Looks LikeAlphaCute|SponsoredSponsoredUndocenter_img ‘  218  17 As the Six Nations moves into its final (official) weekend, the result is far from a foregone conclusion with France and Wales both still in the running.READ: Stander is a ‘shining example’ for residency ruleWales are currently favourites to lift the trophy. They sit atop the table with four wins from four (including three bonus points) giving them 19 points.Ireland are in second position with 11 points. However, with only one game to play and eight points adrift, it is impossible for the men in green to catch Wales. This is also the case for England (10 points), Scotland (six points) and Italy (0 points).France, although they have only 10 points and sit in third position, are the only side still capable of catching Wales. Earlier in the tournament their game against Scotland was postponed indefinitely – meaning that they still have two games to play.The maximum amount of points a side can take from a game is five (four for the win and one for a try-scoring bonus point). This means that two bonus-point victories for France could have them pip Wales with 20 points to 19. All eyes will, therefore, be on the France vs Wales clash this coming Sunday evening in Paris.In order to keep their Six Nations hopes alive France will need to beat Wales with a bonus point, and deny the Welsh a losing bonus point. The French will then need to win their rescheduled game against Scotland (whenever that is), also with a bonus point.It is worth noting that should France and Wales finish level on the table, it will be the side with the better points difference who is awarded the Championship.Wales currently have a better points difference than France and so seem the likelier of the two to win if it came to this. However, a big Welsh loss on Sunday could shift the landscape.For Wales the narrative is simple: win on Sunday and the Championship is theirs. Even a losing bonus point would probably be enough to see them home.ALSO READ: What’s in our latest issue?Subscribe here ‘ ‘ Published on March 19, 2021 熱門話題不要被酵素騙了!在萬寧賣的「這個」直接針對脂肪…熱門話題|SponsoredSponsoredUndo Post by Andre-Pierre Cronjelast_img read more

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