Excelerate Launches In-House Ship Management Services

first_imgProvider of floating storage and regasification units (FSRUs) Excelerate Energy has secured the relevant documentation enabling the company to manage its entire FSRU fleet. Namely, the company’s subsidiary Excelerate Technical Management (ETM) received Interim Documents of Compliance (DoC) under the International Safety Management (ISM) Code from the Republic of the Marshall Islands and the Government of Belgium.The compliance documents come on the heels of an audit of ETM’s safety management system, confirming compliance with ISM standards which ensure the safe operation of its crew and vessels.“Excelerate has achieved a company milestone with the successful launch of our ship management services. The compliance certification is tangible evidence of the forward-thinking, dedicated effort of our team. We are pleased to offer our clients the advantages of integrated service as a fully independent provider of floating LNG solutions,” stated Excelerate President and Managing Director Steven Kobos.Excelerate’s FSRU Experience is the first of its vessels under ETM ship management. The vessel recently left Navantia dry docks in Fene-Ferrol, Spain, on February 6, 2020, where it underwent scheduled maintenance and upgrades.Also, while in dry dock, the FSRU was rebranded and painted in Excelerate’s brand colors and design, the first of the fleet.Excelerate plans to transition its entire fleet to ETM ship management by the end of 2020. The fleet will be repainted in the new colors as part of scheduled maintenance.“The physical rebranding of the fleet in our own colors reinforces that the Excelerate fleet as part of one effort and one culture committed to our core values,” Kobos explained.last_img read more

Kobelco Unveils New Generation of Excavators

first_imgKobelco Construction Machinery Europe B.V. (KCME) has announced the arrival of the SK140SRLC-7 – a 14-tonne excavator that delivers enhanced efficiency and productivity through harmonization of mechanical power, operation speed and overall machine design.The SK140SRLC-7 is of a new generation of excavators to demonstrate Kobelco’s prowess in excavator design and manufacture.Coupled with modern manufacturing processes and customer feedback, the Japanese manufacturer’s SK140SRLC-7 sets a new class-defining standard in operational use and operator comfort.Commenting on the introduction of the new SK140SRLC-7, Product Manager, Peter Stuijt, said: “Kobelco is committed to designing and manufacturing the most capable and efficient excavators and the introduction of SK140SRLC-7 is proof indeed of this.”“The latest technology that features within the SK140SRLC-7 provides the basis for a multi-purpose excavator with reduced operating costs and exceptional working performance. The fact that this machine is already Stage V-compliant also underlines Kobelco’s dedication to reducing the construction industry’s carbon footprint – an issue that nobody can afford to ignore,” added Peter Stuijt.More Infolast_img read more

Total inks $14.9 billion debt financing for Mozambique LNG

first_imgThe news about Mozambique LNG financing has been hitting global media headlines for months this year. Gas will be sent to a two-train liquefaction plant in Cabo Delgado with a total capacity of 13.1 mtpa. “Confidence in long-term future of LNG in Mozambique” The African Development Bank also participated in the financing. The agencies include US EXIM bank, Japan’s JBIC and NEXI, UK Export Finance, Italy’s SACE, South Africa’s ECIC, the Netherlands’ Atradius, and EXIM Thailand. The French company acquired Anadarko’s 26.5 percent interest in the LNG project in September last year for $3.9 billion. Image: Total Total says Mozambique LNG represents a total post-FID investment of $20 billion. Total’s partners in the project are Japan’s Mitsui, Mozambique’s ENH, Thailand’s PTT and Indian firms ONGC, Bharat Petroleum and Oil India. The project includes the development of the Golfinho and Atum natural gas fields located in Offshore Area 1 concession.center_img French energy giant Total said Friday it has signed a $14.9 billion senior debt financing deal for its Mozambique LNG project, the biggest project financing ever in Africa. The $14.9 billion financing includes direct and covered loans from eighth export credit agencies ans 19 commercial bank facilities. “It demonstrates the confidence placed by the financial institutions in the long-term future of LNG in Mozambique,” Sbraire said. There were many different reports and the final financing numbers varied from 14.4 billion to $16 billion. Total’s finance chief Jean-Pierre Sbraire said the project financing “represents a significant achievement and a major milestone.” Anadarko and its co-venturers in Area 1 sanctioned Mozambique LNG in June 2019. Total said previously it expected Mozambique LNG production to begin by 2024. But this is not surprising as this move is one of the biggest deals in the LNG industry this year along the giant Qatari ship orders.last_img read more

No track kept of lost kids – CYF

first_imgSunday Star Times 9 Oct 2011Child, Youth and Family is under fire for not knowing how many of our most vulnerable children go missing under their watch. A Sunday Star-Times request for statistics on numerous child abuse issues – including how many children are hidden from CYF social workers – was rejected due to the lack of national reporting. The request followed the death of a teenage boy last year after he evaded CYF care with the help of family members. CYF has defended its systems by saying the problem of lost children was not significant enough to report on a national level. Labour deputy leader Annette King said it was “ridiculous” the agency failed to gather extensive national data on child abuse. “How do they know they’ve got a problem if they don’t collect information? How do they know if there is child abuse by caregivers or kids have gone missing?”http://www.stuff.co.nz/national/5755686/No-track-kept-of-lost-kidslast_img read more

Mercy-killing plan’s net will widen – campaigner

first_imgNZ Herald 28 June 2012Permitting mercy-killing of people with terminal illnesses would inevitably lead to the killing of newborns with disabilities and the elderly, an anti-euthanasia campaigner says. The head of the Canada-based Euthanasia Prevention Coalition, Alex Schadenberg, will speak in Auckland on Saturday at a conference organised by the Euthanasia Debate group. He arrives as Labour MP Maryan Street prepares to put her assisted-suicide bill in the ballot for private members’ bills. “It allows people who have a terminal illness or who are suffering from an irrecoverable condition to determine how and when they wish to die,” she said. “It’s not just for terminal illness. It is also for those who have a condition where their quality of life is so diminished they don’t want to live any longer.” In the Netherlands, doctors are permitted, under strict conditions and at a patient’s request, to end the person’s life or assist their suicide.….The Netherlands physicians federation says non-medical factors such as “loss of function, loneliness and loss of autonomy” can be part of the evaluation of suffering, and that the law can apply to patients with psychiatric conditions or dementia. Dutch paediatricians writing in a leading US medical journal in 2005 described the legal protocol under which euthanasia of newborns, typically those with severe forms of spina bifida, can be permitted. “When both the parents and the physicians are convinced that there is an extremely poor prognosis, they may concur that death would be more humane than continued life.”http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10815895last_img read more

Into the River interim ban debate contiues

first_img3News 11 September 2015Family First is adamant it never tried to get raunchy teen novel Into the River banned while booksellers are hitting back with a call for an overhaul of censorship law.Ted Dawe’s award-winning coming-of-age novel was pulled from library and bookshop shelves on Monday after the Film and Literature Board of Review slapped it with an interim ban.It’s the latest twist in a back-and-forth censorship battle and the board’s final decision is expected next month.Family First has been arguing it never called for a ban, only an age restriction, and it reiterated this today by releasing its full application for an interim restriction order.“But we also do not believe the book should be freely available to nine-year-olds, for example, as determined by the deputy chief censor,” the conservative lobby group sayshttp://www.3news.co.nz/entertainment/into-the-river-interim-ban-debate-contiues-2015091111#axzz3lJJNqukOlast_img read more

Watch: ‘Barely the size of my hand’ – Parents create moving video collage for miracle baby Clara born 23 weeks premature

first_imgTVNZ One News 4 September 2017Family First Comment: Yes folks – it is a human being!! But not according to Labour or Greens or ACT.“Doctors had warned her parents that she would face a raft of struggles. Little Clara is now six months old and weighs nine pounds.”WATCH & READ MORE: https://www.tvnz.co.nz/one-news/world/watch-barely-size-my-hand-parents-create-moving-video-collage-miracle-baby-clara-born-23-weeks-prematurelast_img

Professor of physiology says transgender athletes have advantage in speed, power

first_imgStuff co.nz 3 December 2017Family First Comment: Actually, we didn’t need a physiology professor to tell us what is clearly obvious to all!#BiologyMattersA New Zealand physiology professor says transgender athletes have advantages over their female competitors and more research needs to be done by sporting regulators before they should compete against each other.Otago University professor in physiology Alison Heather has researched transgender changes, particularly in top level sport.She is adamant international sporting regulation bodies such as the International Olympic Committee (IOC) have rushed a decision to include transgender athletes in male and female categories, as there has not been enough research.Heather says the controversial inclusion of Kiwi weightlifter Laurel Hubbard is a good example of the IOC not taking the time to research the science behind a transition.“It could be seen as an advantage and that is why they have male categories and female categories.”Heather believes there is a potential muscle memory effect for Hubbard, having competed previously as a man.READ MORE: https://www.stuff.co.nz/sport/other-sports/99434993/professor-of-physiology-says-trans-athlete-has-advantage-in-speed-and-powerlast_img read more

Bermuda’s foreign currency issuer default rating affirmed at ‘AA+’; outlook stable

first_img Share 164 Views   no discussions Share Image via: worldatlas.comNEW YORK, USA — Fitch Ratings has affirmed the issuer default ratings (IDRs) and country ceiling for Bermuda as follows: –Foreign currency IDR at ‘AA+’; –Local currency IDR at ‘AAA’; –Foreign currency short-term IDR at ‘F1+’; –Country ceiling at ‘AAA’. The rating outlook is stable. The ratings reflect the island’s stable macroeconomic and political environment, which, combined with friendly policies towards its international business sector, has made its economy one of the wealthiest in the world. The ratings are supported by extremely high per capita income, sustained large current account surpluses, strong institutions and a moderate public debt burden. Bermuda’s sophisticated legal system, strong regulatory framework, simple tax regime, proximity to the US market and presence of highly skilled human capital continue to support its reputation as a domicile of choice for (re)insurance and financial services companies. Although Bermuda’s captive insurance business faces strong competition, new products are being developed while medium-term prospects could benefit from regulatory equivalence with the EU expected in 2012. Bermuda’s economy is expected to contract for the third consecutive year in 2011, partly due to weak labor market conditions on the island, and the resulting impact on the property rental market and overall household consumption. Fitch foresees a mild economic expansion in 2012 and 2013 as initiatives to promote tourism pay off, and international business activity picks-up after a period of contraction. Fitch notes that Bermuda’s medium-term growth prospects appear to be quite modest. The increase in fiscal deficits in recent years has been driven by revenue underperformance, increases in capital expenditure and spending pressures, especially in the social sector, related to the difficult economic situation. Debt to GDP has increased in line with fiscal deficits and is estimated to reach 22.7% in 2011, which is below the ‘AA’ median of 41.6%. However, Fitch believes that a lower debt burden is desirable in the context of Bermuda’s small, open and narrow economy as well as its limited financing flexibility. “The increased public sector indebtedness reduces Bermuda’s space to respond to future economic shocks and underlines the importance of setting forth a clear medium-term fiscal consolidation plan,” said Santiago Mosquera, a director in Fitch’s Sovereign Group. There is a very limited room for additional indebtedness under the current debt ceiling (BM$1.25 billion). However, the debt ceiling has changed various times since 2005 to accommodate budget deficits, with Fitch not ruling out further increases in the ceiling in the coming years. “Repeated changes to the debt ceiling undermine the credibility of the fiscal policy anchor,” added Mosquera. Fitch will continue to monitor Bermuda’s fiscal consolidation plan which is likely to become clearer next year when the government introduces its medium-term budgetary framework. Sustained weak economic performance and deterioration in the sovereign’s fiscal metrics could put downward pressure on Bermuda’s ratings. Regulatory changes that negatively affect international companies operating in Bermuda could also undermine creditworthiness. On the contrary, a resumption of economic growth and concrete signs of fiscal consolidation and debt stabilization would help sustain Bermuda’s ratings.Caribbean News Now LifestyleMoney Bermuda’s foreign currency issuer default rating affirmed at ‘AA+’; outlook stable by: – November 19, 2011center_img Share Sharing is caring! Tweetlast_img read more

Tougher end-of-life rules planned

first_img 10 Views   no discussions Tweet Share Sharing is caring! Sharecenter_img There will be a 12-week consultation on the proposed changes to the NHS constitutionRelatives of terminally-ill patients would have to be consulted before a decision to withdraw food or water is taken, under new government proposals.It comes after some patients were placed on the Liverpool Care Pathway – designed to relieve suffering – without their relatives’ knowledge.The government wants to ensure families are told of life and death decisions. The instruction will be included in a number of proposed changes to the NHS Constitution to be unveiled on Monday.The Liverpool Care Pathway was developed at the Royal Liverpool University Hospital and the city’s Marie Curie hospice to relieve suffering in dying patients, setting out principles for their treatment in their final days and hours.Supporters say it can make the end of a patient’s life as comfortable as possible and the method is also widely backed by doctors and many health charities. However, critics argue it can be inhumane.The government has now said that the rules needed to be stricter, meaning relatives of patients are always consulted before the technique is applied.‘New right’A Department of Health (DoH) spokesman said the proposed changes would set out a “new right” under the NHS Constitution, which was established by the Health Act 2009, but he stopped short of describing the move as a “legal requirement”. However, the spokesman added: “Anybody providing NHS services is required by law to take account of it [the NHS constitution] in their decisions and actions.”Some reports suggested health trusts that failed to involve patients and families in decisions could be sued, while doctors could face being struck off.The DoH spokesman said it was unlikely policy had been developed on this as the proposal was still at an early stage. Health Secretary Jeremy Hunt will launch a 12-week consultation on the proposed changes to the constitution – the formal statement of patients’ rights – on Monday.Health minister Norman Lamb said this week that it was “completely wrong” for terminally-ill patients to be put on a “pathway” to death without relatives being consulted.Mr Lamb has called a meeting of doctors and patients to discuss worries about the pathway.Meanwhile, Conservative peer Baroness Knight called for an inquiry into claims some people might have survived had they not received this treatment.BBC News Share HealthLifestyle Tougher end-of-life rules planned by: – November 8, 2012last_img read more