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COSCO Shipping International (Singapore) sent six bulk carriers to the scrapyard in the first nine months of this year reducing its fleet to four Handymax carriers.The decision was based on the expectation that based on the prevailing market conditions, any recovery in the dry bulk shipping segment will remain weak.“Under such difficult market conditions and considering that the upkeep costs of the group’s dry bulk fleet will continue to increase, the group has scrapped 6 dry bulk carriers by the end of September 2017,” the company said.Smaller bulker fleet has seen the company’s dry bulk division post a net loss of SGD 4.1 million (USD 3.03 million) for the third quarter of this year and a net loss from continuing operations in dry bulk shipping and other businesses of SGD 23.9 million (USD 17.5 million) for the first nine months in 2017.The group’s recorded net profit from discontinued operations stood at SGD 23.6 million in Q3 2017. This relates to the group’s shipyard business in China, which it has agreed to dispose of.Overall, the group recorded a net profit attributable to equity holders of SGD 24.8 million in Q3 2017, a major rebound when compared to last year’s corresponding loss of SGD 102.3 million and a net loss of SGD 75 million for the nine-month period, 51% lower loss year-on-year.In August 2017, the company’s shareholders approved its sale and purchase agreement with COSCOShipping Heavy Industry which will result in disposing of its 51% equity interest in COSCO Shipyard Group; 50% equity interest in COSCO (Nantong) Shipyard and 39.1% equity interest in COSCO (Dalian) Shipyard for RMB 1,465,822,955 (USD 211.1 million). The transaction is expected to be completed by Q4 2017.COSCO Shipping International said it was working to wrap up the proposed disposal “as soon as possible.”“The company intends to use the sale proceeds from the proposed disposal to fund future projects, which may include mergers and acquisitions, and for working capital requirements of the group. In this regard, the company’s management has commenced and is actively reviewing potential investment opportunities,” the company said.The company added that it has moved forward with the proposed acquisition of a 40 % stake in Jakarta-based PT Ocean Global Shipping for USD 10.24 million.PT. Ocean Global Shipping is engaged in logistic service, container canvassing and management, ship agency and chartering and bunkering.What is more, COSCO Shipping International has made a voluntary cash offer for Cogent Holdings Limited (CHL), a public limited company incorporated in Singapore, specializing in logistics management services.
Seismic activity triggered by human actions like construction of large reservoirs or injection of wastewater into the ground for oil and gas production can have far greater implications than previously thought, a new study has revealed. While it is well-known that injection of fluid into the subsurface of the earth (one kilometer deep) can cause events like earthquakes, it was until now believed that such disturbances are limited to an area near the site of injection. Also Read – Hijacking Bapu’s legacyThe new study has, however, found that subsurface disturbances due to fluid injection can result in earthquakes spread over larger regions, going far beyond the area invaded by the injected fluids. This means, earthquake-triggering stresses can travel far. “Our study shows that fluid-injection has the potential to cause significant, rapidly spreading earthquake activity beyond the fluid diffusion zone,” explained Pathikrit Bhattacharya of the Indian Institute of Technology–Bhubaneswar in Orissa, lead author of the study, while speaking to India Science Wire. Also Read – The future is here!In India, the most famous fluid-induced earthquake had occurred in 1967 at Koyna in Maharashtra and was attributed to seismic activity generated due to the impoundment of the Koyna dam there. Earthquakes occurring in tectonically quiet region of Oklahoma in the US have also been linked to oil and gas exploration activity there. It is believed that such regions of man-made earthquake activity surpass the level of seismic activity in hotspots like southern California. In the new study published in the journal Science, researchers from India and America used data from earlier experiments and a hydro-mechanical model developed by them to explain the full dimensions of fluid-induced earthquakes. The field data came from experiments done by researchers from the University of Aix-Marseille and the University of Nice Sophia-Antipolis in France. Oil and gas extraction using fluid injection, as well as wastewater disposal, is known to increase the seismicity rate in surrounding regions. Tremblors attributed to these activities have been thought to occur as higher fluid pressures in surrounding rocks trigger instabilities in pre-existing networks of faults. However, injection may also cause aseismic slip — deformation caused along a fault line without any accompanying seismic waves — that may in turn trigger earthquakes. “The field experiments by the French scientists had demonstrated that when fluid injection occurs near existing faults, their primary response could be slow, quiet, aseismic slip rather than violent earthquakes,” said co-author Robert C Viesca from the Tufts University’s School of Engineering. “We used this data to show that aseismic slip could rapidly outpace the region of fluid-diffusion and transmit potentially earthquake-inducing stress perturbations to regions remote from the location of injection,” Viesca added. Understanding this science behind fluid-induced earthquakes could help in unraveling reservoir-induced earthquakes in Koyna. The ‘Deep Drilling at Koyna’ initiative led by Noida-based National Centre for Seismology and CSIR-National Geophysical Research Institute in Hyderabad is studying the detailed behaviour of fluid-induced earthquakes in the region. “These efforts are expected to yield data about fault behaviour at greater depths in the earth’s crust. Our study is a proof-of-concept of how such data can be used in practice to produce more reliable models of earthquake hazard,” Bhattacharya said.(Courtesy: India Science Wire. The author is a journalist and columnist. Views expressed are strictly personal)
New Delhi: Injury and poor form made it a forgettable IPL for Afghanistan spinner Mujeeb ur Rahman but the time away from the field was well spent as he picked on Kings XI Punjab skipper Ravichandran Ashwin’s brains ahead of the World Cup in England. A shoulder injury meant that the 18-year-old wasn’t at his best during the cash-rich league, getting only three wickets in five games with an expensive economy rate of 10.05 runs per over. “I have learnt a lot having spend quality time with Ravichandran Ashwin in the KXIP set-up. He has given me a lot of useful tips and I am sure that I will execute those plans in the World Cup. During this edition of IPL, my shoulder injury was an issue. But now I am fully fit for the World Cup,” Mujeeb told reporters at a promotional event to announce Amul’s association with Afghanistan national team. Also Read – We will push hard for Kabaddi”s inclusion in 2024 Olympics: RijijuWhile he hasn’t played many matches this year, the best part about IPL according to Mujeeb is the opportunity to bowl at some of the prospective World Cup opponents. “The IPL schedule is so hectic and you are travelling a lot. It’s not that you get a lot of chance to talk about the game. But since you get a chance to bowl in matches where there are batsmen who will be there in the World Cup, it helps a lot,” said the Afghan teenager. Asked if he faced the second season blues, something which was evident as he went for 66 runs in his four overs against Sunrisers Hyderabad, Mujeeb attributed it to being part and parcel of cricket. “You will have a few bad days and it’s just that you have to be consistent with your line and length,” Mujeeb said.
Senior forward Natalie Spooner is now the all-time leading goal scorer in Ohio State women’s hockey team history. Spooner, a Scarborough, Ontario, native, set the record in Saturday night’s 4-3 loss to St. Cloud State University, bringing her career goal total to 87. “When I’m done here, I can look back on it knowing that it’s a great program and all the players that have come before me and Jeni Creary who set the record before,” she said. Coach Nate Handrahan called Spooner “one of the most explosive players in the country.” “She does very special things on the ice,” he said. The way in which Spooner broke the record is very interesting, Handrahan said. “She has missed almost an entire season’s worth of games (over her career) due to training with the Canadian national team,” he said. It puts a real strain on the program, he said, but it’s something that you have to deal with in a top-quality program. Heading into Friday’s contest against SCSU, Spooner said she had no idea just how close to breaking the record she was. And during Saturday’s game, it was again pushed to the back of her mind. “I didn’t really think about it on Saturday because our team went down,” she said. “I went on to score to tie it up and my teammates were pretty excited for me.” Spooner was quick to shift some of the focus to her teammates and coaches. “I definitely couldn’t have done it without my teammates and my coaches who have helped me along the way,” she said. Spooner said her only focus is helping her team win games. “Hopefully I can keep scoring to help my team keep winning games,” she said. One of Spooner’s linemates on the power play and fellow assistant captain, junior forward Paige Semenza, said one of Spooner’s biggest assets is her speed. “Spooner is a load to handle,” Semenza said. “When she gets the puck down towards the net, you can really expect it to go in.” Semenza said Spooner’s skill is not the only thing she brings to the team. “She’s like a walking jukebox,” Semenza said. “In the locker room she’s always singing, she’s always in that upbeat mood and really gets people going.” She said Spooner’s attitude has a positive effect on the team. “When she’s in a good mood it spreads throughout the team. It’s contagious,” Semenza said. Spooner’s path to the record books began 17 years ago when she started playing hockey at age 4. For her, hockey was always a family affair. “I have three older brothers,” she said. “My parents just decided to put me into hockey too.” She played for the Durham West Junior Lightning, a member of the Provincial Women’s Hockey League, for most of her early career before choosing to come to Ohio State. “There is high school hockey in Canada, but it’s not competitive,” she said. “You wouldn’t get scouted from high school hockey.” Spooner knew she wanted to be a Buckeye after taking an unofficial visit. “When I came back on my official (visit) I still loved it,” she said. “I loved the school, the program and I got along well with the team.” After her senior year is completed, Spooner plans to move back to Canada to play professionally. “I’ll enter that draft (for the pro women’s league) next year and move back to Toronto to play on one of those teams, hopefully,” she said. In the meantime, Spooner and the team will continue their season this weekend, when they will travel to take on Bemidji State in a double header. Puck drops at 8:07 p.m. both nights.
Colin Gay and Wyatt Crosher discuss the transfer of Ohio State quarterback Tate Martell to Miami, and what the quarterback situation will look like for the Buckeyes in 2019. They also take a look at men’s basketball’s three-game losing streak (and if it will end against Marlyland), men’s hockey’s series against Michigan and women’s basketball recent hot streak. Colin might bring back another Snoop Dogg quote. Maybe.
Chelsea boss Maurizio Sarri believes it will be an urgent matter to find a replacement for Cesc Fabregas if he leaves this monthThe Spanish midfielder is expected to end his four and a half year stay at Stamford Bridge in this month’s transfer window after falling out of favour under Sarri this season.Fabregas is being widely tipped to reunite with former Arsenal team-mate Thierry Henry at AS Monaco.And Sarri reckons it’s imperative that Chelsea find someone to fill the void left by Fabregas or risk running into trouble.Sacchi explains Sarri, Conte, and Ancelotti Manuel R. Medina – September 14, 2019 Arrigo Sacchi talked about how Sarri has a tougher time at Juventus than Conte at Inter; while Ancelotti’s “blood is boiling” at Napoli.Arrigo Sacchi…“If Cesc will go, of course, we need a replacement. Now, with the midfielders we are in trouble, I think,” said Sarri, according to Evening Standard.“Without Cesc, we have only five, so we are in trouble. We need a replacement.”Cagliari’s Nicolo Barella and Zenit St. Petersburg’s Leandro Paredes are allegedly being lined up for moves by Chelsea this month.The Blues will take on Tottenham in the first leg of their Carabao Cup semi-final clash on Tuesday night.
June 4, 2019 Jonathan Halvorson, Jonathan Halvorson Posted: June 4, 2019 Parks and Recreation Department hosts free lifeguard prep classes 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The city of San Diego will host the first of four classes today to help prospective lifeguards prepare and train for the city’s lifeguard tryouts.The two-hour class will help participants improve their swimming diving and water treading skills to ensure they will be ready for a future tryout.The class will include swimming 3-hundred yards uninterrupted and diving seven-to-10 feet into the water to retrieve 10 pound objects.The city will offer similar training classes on June 6th … 11th and 13th and all four classes will take place from 5-30 in the afternoon to 7-30 at night at the Bud Kearns Memorial Pool on Morley Field Drive. Categories: Good Morning San Diego, Local San Diego News FacebookTwitter
Motorists are reminded to drive cautiously, use headlights, and give the right-of-way to any fire traffic in the area. Hikers planning on Skyline trail, Fuller Lakes trail, or Resurrection Pass may encounter some smokey conditions. Facebook0TwitterEmailPrintFriendly分享The Division of Forestry in connection with cooperating agencies are reminding drivers to expect smokey conditions and limited visibility through MP 60-70 of the Sterling Highway. Fire activity became visible from the highway late Saturday night. Fire crews are asking motorists to resist the urge to stop on the highway to take pictures as fire crews and construction crews are working heavily in this area.