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BIMCO: Dry Bulk Market’s Recovery Still Fragile

first_imgThe return to permanent profitable freight rates in the dry bulk sector is still way off, however, there has been a slight fundamental market improvement, according to BIMCO’s latest market overview.Capesize ships have been in profitable territory earning above USD 15,300 per day since August, and Panamaxes likewise, as they have been hired for above USD 10,200 per day since September.Handymax/Supramax/Ultramax owners and operators who fixed their ships after August 21 have also seen freight rates covering, not just operational expenditures (OPEX) but also capital expenditures (CAPEX), leaving a slim return on investment, BIMCO’s data shows.Finally, the Handysize segment has, for the first time since April 2014, reached a freight rate level above USD 9,000 per day.Moving forward, the transport demand for dry bulk cargoes in Q1, 2018 is estimated to be considerably lower than the volumes transported in Q4, 2017, and that’s the first hurdle to cross. Maintaining slow steaming is another prerequisite to hold onto the gains that have been achieved, BIMCO added.The dry bulk demand is driven, as always, by China, which grew its seaborne imports of coal during the first nine months of 2017 by 18.7%, and its seaborne imports of iron ore during the first eight months, by 6.9% year-on-year. In total, this is a demand growth of 79m tonnes (27 + 52 respectively) for the two commodities year-to-date.For the current time and Q4 2017, selected seaborne trades from major exporters including iron ore, coal, grains, soya and steel products are expected to grow by 3.4% from Q3 2017 (source: SSY). Whereas, grain peaks in Q1 and Q3, and soya in Q2, the seaborne trading of steel products, coking coal, thermal coal and iron ore will all peak in Q4.“After a bit of a downturn in the market during the first half of October (which was expected), demand lifted freight rates again. It’s time to make the most of it, before seasonal low demand in Q1-2018 get the upper hand and push freight rates down,” BIMCO said.For the first nine months of the year, the dry bulk fleet has grown by 2.7%, already a three-year high.BIMCO expects the fleet will end up growing by 3.1% to 16 million dwt as demolition expectations are lower than the previously anticipated 19 million dwt.In the future, expected fleet growth remains quite low based on the ships on order now – and does not include orders not yet placed. 2018 could see the fleet grow by less than 1%.last_img read more

Messi welcomes Barcelona’s approach for Inter Milan’s forward

first_img Promoted ContentYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeBirds Enjoy Living In A Gallery Space Created For ThemThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalA Hurricane Can Be As Powerful As 10 Atomic BombsWhy Do So Many Digital Assistants Have Feminine Names & Voices?Couples Who Celebrated Their Union In A Unique, Unforgettable Way40 Child Actors Who Turned Into Gorgeous AdultsIt’s Time To Show How Bad Some Women Can Really Be10 Risky Jobs Some Women Do13 kids at weddings who just don’t give a hootBest Car Manufacturers In The World7 Black Hole Facts That Will Change Your View Of The Universe The Serie A giants are proving to be a tough nut to crack as far as Barcelona and their negotiations concerning Lautaro Martinez. Lionel Messi has given the green light to Barcelona to complete a switch for Inter Milan’s Lautaro Martinez‘ during the summer transfer window.Advertisement Loading… center_img Inter are taking full advantage of the La Liga leader’s financial state, with Barca resorting to asking Lionel Messi’s view on the possibility of  landing compatriot Lautaro Martinez.At the moment, Messi will certainly not leave Barca for a direct European rival as it doesn’t look likely that Lautaro Martinez would sign for the Blaugrana if Messi were to depart.Nevertheless, Inter Milan are not letting their resilience break and have made their demands very clear to Barcelona, who may be unable to meet them. With that said, the club has been forced into looking for alternatives as they must sign a striker during the summer. Barca have shown interest in Arsenal frontman Alexandre Lacazette, who proves to be a much cheaper option and Lionel Messi has approved their interest in the ex-Olympique Lyon superstar, according to Don Balon.Alexandre Lacazette does not seem too happy at the Emirates Stadium and now that he is at the peak of his abilities, the France international is more inclined towards playing in the Champions League on a regular basis and winning some trophies too.The Gunners don’t seem to be on track to match the player’s ambitions at this point in time.Read Also: Man City lead race to sign £97.5m-rated Inter Milan strikerMikel Arteta has included Alexandre Lacazette in his plans for the future, but it makes no sense holding onto a player who doesn’t want to stay.Right now, Arsenal value the player at only 40 million euros which comes to slightly more than one-third of what the Blaugrana may end up paying for Lautaro Martinez.FacebookTwitterWhatsAppEmail分享 last_img read more

COVID-19 cases in PH climb to 24

first_imgPresident Rodrigo Duterte announced fournew cases of coronavirus infections on Monday night after he convened theofficials of the Inter-Agency Task Force for the Management of EmergingInfectious Diseases, resource persons from different government and privateoffices, and local government officials in Malacañang. All citizens, residents, tourists, and establishment owners are also urged to comply with these directives to prevent the transmission of COVID-19, stated the proclamation, which will remain in force and effect until lifted by the Chief Executive. President Rodrigo Duterte earlier issued a proclamation formally declaring a state of public health emergency in the Philippines after the first known local transmission of COVID-19. The seventh case of COVID-19 was a 38-year-old Taiwanese male who has a history of contact with a Taiwanese foreign national who visited the country and tested positive for COVID-19 in Taiwan. He is currently admitted at the Makati Medical Center. Duterte signed Proclamation 922 to “capacitate government agencies and LGUs (local government units) to immediately act to prevent loss of life, utilize appropriate resources to implement urgent and critical measures to contain or prevent the spread of Covid-19, mitigate its effects and impact to the community, and prevent serious disruption of the functioning of the government and the community.” Salceda, chairman of the House committeeon ways and means, made the call after local governments in Quezon City,Marikina and Pasig reported cases of COVID-19. “DOH is currently investigating all the cases and gathering patients’ information from respective hospitals,” Duque said. “DOH is also currently in coordination with concerned Local Government Units and the Centers for Health Development for localized response and implementation of infection prevention and control measures.” On Sunday evening, Health Secretary Francisco Duque announced four cases of COVID-19–two from Pasig City, one from Marikina City and another one from Quezon City. DOH Assistant Secretary Ma. Rosario Vergeire, the sudden increase was due to DOH’s “intensified surveillance” on suspected cases of the disease. The proclamation also facilitates the implementation of mandatory reporting, intensify government response and measures, and enforce quarantine and disease control prevention measures. Health Secretary Francisco Duque speaks during a media briefing about the country’s response to the coronavirus outbreak. Fourteen more coronavirus cases are reported in the Philippines, bringing the total number of people who have been infected with the virus in the country to 24. AP The 10th case was a 57-year-old Filipino male with no history of travel outside of the country. He was reported to have had contact with a confirmed COVID-19 case but DOH is currently investigating details of his exposure. The patient is currently admitted St. Luke’s Medical Center in Quezon City. MANILA – The number of reported peopleinfected with the coronavirus disease 2019 (COVID-19) in the country hasincreased overnight from 10 to 24. While the ninth case was an 86-year-old American male in Marikina City with pre-existing hypertension and history of travel to Unite States and South Korea. Symptoms began March 1 and the patient is currently admitted at Medical City in Ortigas. Vergeire said the 10 new cases were from the results of the testing conducted on samples collected from March 6 to 8 and released on early Monday. Authorities are now conducting contact tracing. “Rest assured that the Department of Health (DOH) is maximizing all channels… to immediately identify and isolate, if needed, those who had contact with confirmed cases,” Vergeire said. “Everyone is a suspect now, thus, the needfor isolation shock,” Salceda told reporters. “The DOH is committed to accurate and timely reporting of verified information on the COVID-19 health situation. We have been preparing for the possibility of localized transmission in the country,” Duque said. DOH has placed the country under COVID-19 Alert System to Code Red sublevel 1 to prepare national and local governments and the country’s health care providers for possible increases in suspected and confirmed cases of the disease./PN Duque said they may seek the help of the Philippine National Police and other law enforcement agencies to provide assistance in addressing the COVID-19. Under the said proclamation, all government agencies and LGUs are tasked to give full assistance and cooperation and mobilize the necessary resources to undertake critical, urgent and appropriate response and measures in a timely manner to curtail and eliminate the COVID-19 threat. Meanwhile, Albay Rep. Joey Salcedaproposed a one week lockdown of the National Capital Region (NCR) to preventthe spread of coronavirus disease or COVID-19. The Department of Health (DOH) earlierrecorded 10 additional COVID-19 cases, all Filipinos, with ages ranging between24 to 72.  The eighth case, meanwhile, was a 32-year-old Filipino male with history of travel to Japan within the past 14 days. Onset of symptoms began on March 5 and the patient is currently admitted at St. Luke’s Medical Center in Taguig City.last_img read more

UEFA Champions League: PSG players party after Dortmund defeat, coach surprised

first_imgRelatedPosts Aguero could be out of action until November, Guardiola says Neymar bags two-match ban UCL: Benfica kicked out by player who left club one week earlier + other results Paris St-Germain coach Thomas Tuchel said he was surprised to see a video of his players partying two days after they were beaten 2-1 at Bundesliga side Borussia Dortmund. The loss was in their UEFA Champions League last 16 first leg fixture on Tuesday in Dortmund. Neymar and Kylian Mbappe were among those attending a late party to celebrate the birthdays of Mauro Icardi, Edinson Cavani and Angel Di Maria. Tuchel told reporters on Saturday on the eve of their Ligue 1 home game against Girondins de Bordeaux: “I was really surprised yesterday (Friday) afternoon to see that video. “Really surprised. “We talked about it internally and it has to stay within the club.” PSG lead the standings with 62 points from 25 games, 10 points ahead of second-placed Olympique de Marseille who host Nantes later on Saturday. The French champions host Borussia Dortmund in the return leg on March 11. Reuters/NAN.Tags: Angel di MariaBorussia DortmundEdinson CavaniGirondins de BordeauxKylian MbappeMauro IcardiNeymarThomas TuchelUEFA Champions Leaguelast_img read more

Pellegrini sees a fair result

first_imgManchester City showed their soft underbelly on the road as Southampton held out for a point manager Manuel Pellegrini felt the hosts fully deserved. Life away from the Etihad Stadium has been tough for City, who have won just two away Barclays Premier League matches this season – the latest of which came at West Brom on Wednesday. It had looked like Pellegrini would oversee another as City came flying out of the blocks on the south coast, with Sergio Aguero sweeping home early on. However, Saints rallied with a performance that belied their recent poor form and deservedly levelled just before the break through Dani Osvaldo’s exquisite strike. Mauricio Pochettino’s side bossed the remainder of the match but were unable to find a winner. “It is a good point,” Pellegrini said. “I don’t feel like we lost two points. “In all the other games away I felt like we deserved more but here this was the result that both teams deserved. “I always say that if you don’t play well and you can’t win, then at least don’t lose. We didn’t play well but we got a point.” It had looked early on as if City would run amok at St Mary’s, as Aguero struck home and Aleksandar Kolarov nodded just wide moments later. Aguero also wasted a gilt-edged chance midway through the first half – something City were made to rue as Southampton’s high pressing and possession game made life difficult. “I know how (Mauricio) Pochettino likes his teams to play and they did very well,” Pellegrini said, having faced the former Espanyol boss during the pair’s time in Spain. “It’s a hard place to come. It’s a very good team, in a good position in the table. “They lost their last few games against Arsenal, Chelsea and Aston Villa but before that they played really well. “We lost control of the game. We started well, we had chances to score the second one and after that I think we started to play too quickly. That was the problem during the first half.” Much will be made of another underwhelming away display by City, but Southampton deserve credit for their performance in the face of adversity. Successive losses to Arsenal, Chelsea and Aston Villa have been compounded by mounting injury worries, with seven first-team players unavailable for this match. “I think overall the performance was amazing from my team,” Pochettino said. “I think we have been on a negative run of results as of late but the thing about this team is it keeps believing. “I think this bad run of results we have been on has been due to different factors – maybe we have been unfortunate a little bit in a few of these games. “This team believes and I think this team is on a good run in how it plays. It tries to play always the same way, it tries to play well the same way. “I think against Manchester City we beat them on possession against a team that has the biggest record on possession in the league. Overall I am very happy with the team.” One player in particular, though, will undoubtedly take the headlines. Osvaldo put City captain Vincent Kompany on his backside, cut back past Pablo Zabaleta and shot into the top corner to draw Saints level in style. “It was a great goal,” Pochettino said of the man who may well face England at next year’s World Cup with Italy. “I think we were all able to see it and to all eyes it was an amazing goal.” Press Associationlast_img read more

Rod and Gun Club Offers Free Membership

first_img State budget vs. job creation – January 22, 2015 Latest Posts Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 Latest posts by admin (see all) Biocenter_img admin BAR HARBOR — The Mount Desert Island Rod and Gun Club (MDIRGC) recently has undergone a revamping of it structure and is growing. Now an official nonprofit organization, the club is looking to generate new membership, from any and all who enjoy outdoor activities of any sort.The club started in 1957 and has been through several periods of contraction and growth. In order to create another growth spurt, the club is offering the first year of membership free of charge for anyone.The MDIRGC has, in the past, offered educational seminars on topics such as hunting safety and fishing procedures. Another facet of the organization is to interact with a variety of governmental organizations including the Maine Department of Inland Fisheries and Wildlife and the National Park Service on issues such as fisheries restocking and access.The MDIRGC plans to host meetings on these issues, but also plans on having days that are geared toward the fun side of outside activities with events for children, fly-tying classes, and other non-political endeavors.This is placeholder textThis is placeholder textOne of the things that the MDIRGC is currently doing is gathering donations of equipment for the Baghdad Anglers Club (BAC), a group of active military members located in Baghdad, Iraq. Club members escape the tension of the battle zone for a brief time by fishing the rivers and streams of Baghdad.The MDIRGC is accepting donations of all varieties of spin and fly fishing equipment. Donation boxes are at Machias Savings Bank in Bar Harbor, Mount Desert Island High School, the American Legion Hall in Trenton, and Bar Harbor Auto. A full list of gear that the Baghdad Anglers Club is hoping to get is online at baghdadflyfishing.com.Anyone interested in joining the MDIRGC or who has questions about the club and it’s programs, should contact Bill Strout at 288-4050.For more of the latest news, pick up a copy of The Mount Desert Islander. House fire in Winter Harbor – October 27, 2014last_img read more

Assam Premier Club Championship Begins in Udalguri

first_imgRupjyoti Sangha register huge win in Tezpur; Jai Hind win in JorhatOur Sports ReporterGUWAHATI: Udalguri District Cricket Association chapter of Assam Premier Club Championship kicked off today at the playground of Higher Secondary School, Udalguri. The flag of Assam Cricket Association is being hoisted by the Club Champioship Director Headquarter Zone, former Ranji cricketer Nasir Gul Khan and the flag of District Cricket Association being hoisted by District Working President Dhananjay Das. Former Ranji player Tilak Das was also present in the brief ceremony. Altogether eight teams are taking part in Udalguli leg. Town Sports Club thrashed Cricket Club Harisinga by 3 wickets in the inaugural match.Brief Score: Cricket Club Harisinga 148/10 in 33.4 overs (Vikram Singh Daimari 37, Stephen Sangma 24, Nitupan Gogoi 3/35, Swaraj das 2/17) lost to Town Sports Club 149/7 in 27.5 overs (Hemanta Boro 53, Dipson Chawhan 4/32).From Tezpur: Rupjyoti Sangha registered a huge 185-run win over Sonitpur Club. Winning the toss Rupjyoti Sangha scored a mammoth total of 312 in 40 overs losing 9 wickets. Lower middle order batsmen Ajay Ghosh (62 off 51), Manish Baruah (55 off 38) and Nasir Ansari (66 off 48) helped the team after losing 5 wickets for only 75 runs on thr board. Sonitpur Club were bundled out for 127 in 23rd over. Arijit Acharjee took 4 wickets for 24 while Ankit Manori grabbed 3 wickets for 26.From Jorhat: Jai Hind Club beat Victorious Club by 5 wickets in a low scoring match.Brief Score: Victorious Club 136/10 in 37.1 overs (Partha P Bora 27, Utpal Hazarika 22, Prabal Borkotoky 3/44, Bicky Dutta 3/26, Jayanta Madhaab Sharma 3/10) lost to Jai Hind Club 137/5 in 35.4 overs (Jayanta Madhaab Sharma 56, Jintumoni Mali 34).From Charaideo: Arunudoi Sangha Parbotipur beat Charaideo Cricket CC by 5 wickets.Brief Score: Charaideo Cricket CC 93/10 in19.1 overs (Pritam Das 0, Abdul Rahim Khan 24, Mithilesh Kumar Sah 3/7, Probin Gogoi 2/21) lost to Arunudoi Sangha 94/5 in 13.4 overs (Probin Gogoi 54no, Anup Jyoti Barush 4/16).From Biswanath: Biswanath Blue Warriors Club outplayed Royal ABC Ambari by 124 runs. Electing to bat Biswanath Blue Warriors managed 290 in 39.2 overs with the help of openers Dibash Hazarika (73 off 53) and Bikash Kurmi’s (85 off 91) half centuries. They added 124 runs for the opening wicket. Imran Sheikh took 3 wickets for 71. Royal ABC could score 166 in 36.4 overs. Opener Pawan Kumar Thakur scored 58. Pawan Majhee claimed 3 wickets for 25.Also Read: LOCAL SPORTSlast_img read more

US Open: Top Seed Pliskova, Kvitova, Kerber Move into Round 2

first_imgAlso through are ex-Wimbledon champions Petra Kvitova and Angelique Kerber.German 17th seed Kerber, playing her first match since January’s Australian Open, beat Australian Ajla Tomljanovic 6-4 6-4.Czech sixth seed Kvitova overcame Romanian Irina-Camelia Begu 6-3 6-2, hitting 23 winners in an assured performance.Other women in action on day one at Flushing Meadows – where the tournament is being held behind closed doors – include Japan’s 2018 champion Naomi Osaka and American teenager Coco Gauff.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Top seed Karolina Pliskova made a confident start to her US Open campaign with a 6-4 6-0 win over Ukraine’s Anhelina Kalinina in New York.The Czech, 28, recovered from dropping serve in the first game to later string together eight games in a row, needing just 21 minutes to take the second set.Pliskova, top-ranked in the absence of Ashleigh Barty and Simona Halep, faces France’s Caroline Garcia next.last_img read more

Women’s golf: Ferrell earns Big Ten Golfer of the Week nod after winning Cardinal Cup

first_imgUniversity of Wisconsin women’s golfer and First Team All-Big Ten senior Brooke Ferrell was named the Big Ten Conference Golfer of the Week Wednesday after her performance and win at the Cardinal Cup in Simpsonville, Kentucky late last week. The senior will look to back up arguably the best outing of her career in Madison as the Badgers travel to the UCF Challenge in Orlando, Florida in early February to begin the spring season.Ferrell’s collective effort of 2-under for the tournament and 4-under 68 in the second round was enough to earn her the third Big Ten Golfer of the Week award of her career and closed out a successful season for the Badgers. After starting off slow with a 3-over 75 in the first round, the Edgerton, Wisconsin native roared back to close out the tournament with a combined 4-under in the final two rounds to secure her first-ever solo title.Ferrell came close a season ago at the same event when she was unable to shoot ahead at the end and tied for first. The Badger senior followed up her performance last year with a strong start and separate Big Ten Golfer of the Week honors with a tie for first at the 2016 Westbrook Invitational earlier this season.With a standout season a year ago, Ferrell has firmly established herself as the leader on this team and will most likely continue to make headlines as the team heads into the spring. While golf is an individual sport, the Badgers will hope to give the senior a better supporting cast as their leader heads into her final semester.Ferrell has been one of the most consistent female golfers in Wisconsin history, leading the team this season at 72.3 strokes per round and posting a program season best 73.25 a year ago. While the school has not had an especially storied past, Ferrell led the team in scoring for three straight years and finished third in the Big Ten Championships and tied at 59th in the NCAA regionals a season ago.Warm weather brings out the women’s golf teamThe recent wave of warm weather has had many college students out walking the streets and sitting at the Union Read…The headline come spring will be whether Ferrell can make some postseason headlines and capture the elusive Big Ten title that she fell just short of a year ago. All in all, her win at the Cardinal Cup is a good sign moving forward for her and the Wisconsin program.last_img read more

Dungey, innovative plays lead Syracuse to first bowl game in 5 years

first_imgFor the first time since 2013, Syracuse will be headed to a bowl game. The Orange (6-2, 3-2 Atlantic Coast) defeated No. 22 North Carolina State 51-41 on Saturday night in the Carrier Dome. Led by Eric Dungey’s 443 total yards the Orange held off Wolfpack as the senior quarterback surpassed Donavan McNabb as the all-time leader in total offense.Final stand With just more than three minutes remaining, NC State quarterback Ryan Finley and the Wolfpack took the field trailing by three. On 1st-and-10, Finley threw down the right sideline to Thayer Thomas. As the ball dropped into a catchable area for Thomas, redshirt senior Antwan Cordy lept and tipped the ball out of Thomas’ reach.On second down, Finley swung the ball out to running back Reggie Gallaspy. As one of the last lines of defense on the outside, Cordy wrapped Gallaspy’s legs low and rolled him down to the ground for no gain.Cordy, a usual starter, didn’t play much of the game Saturday. After his second down tackle, he let loose. He stomped on the ground, emphasizing each step while nodding his head and clapping in excitement.AdvertisementThis is placeholder textAnd the Syracuse defense wasn’t done. A quarterback pressure from Alton Robinson forced a bad pass from Finley on the ensuing third down. Syracuse linebacker Andrew Armstrong intercepted the limp pass, granting SU an eventual final scoring drive.DungeyEarly in the first quarter, Eric Dungey dropped back to pass deep in Syracuse territory. The senior quarterback stepped into the throw and heaved a long pass to Nykeim Johnson past midfield. The sophomore wide receiver cut to the middle of the field broke a tackle and dashed for the end zone.Dungey sprinted to the end zone where he was eventually greeted by redshirt freshman quarterback Tommy DeVito. Seven days prior, the roles were reversed. DeVito’s 42-yard touchdown throw to Johnson tied Syracuse and North Carolina with less than five minutes remaining, and Dungey ran off the sideline to congratulate DeVito.Following DeVito’s 181-yard, three-touchdown performance, Dino Babers opted not to publicly name a starting quarterback headed into the NC State game. In the three games prior to Saturday, Dungey threw three interceptions to one touchdown.On Saturday, the four-year starter threw two touchdowns in the first quarter before finishing the game with 411 yards through the air and three touchdowns.Creation stationSyracuse and North Carolina State each dug deep into their playbooks for an innovative twist on old-school plays.The first came in the second quarter when Dungey ran to his right with Dontae Strickland in what looked like a traditional speed option play. Once Dungey pitched the ball, Strickland dropped back to pass, lofting the ball over an out of position NC State defense for a completion to Sean Riley.In the third quarter, North Carolina State opted for trickery. What appeared to start as a reverse with a running back flipping the ball to a receiver to run the opposite direction, ended as a flea flicker. After receiving the reverse handoff, the NC State receiver flicked the ball back to quarterback Ryan Finley. With Syracuse defensive back Antwan Cordy caught up in the run fake, Finley was able to find Cary Angeline for a 49-yard gain.Later in the third quarter, Syracuse ran a textbook run-pass option, a play style commonly known as an “RPO.” A double pull from the right side of the line and potential run left to Strickland sucked up the Wolfpack defense. Then, Dungey pulled the ball out of the mesh point with Strickland before opting to not run himself. At the last possible moment, as a linebacker smacked Dungey under the facemask, he released a pass to the sideline, hitting Harris in stride for a touchdown. Comments Published on October 27, 2018 at 11:05 pm Contact Josh: jlschafe@syr.edu | @Schafer_44 Facebook Twitter Google+last_img read more