News / Carriers struggling to attract container traffic now attack the multipurpose sector

first_img The continuing struggle by container lines to fill ships means the project and breakbulk shipping sector is in for more of the “worst market conditions for over 10 years”.And according to Drewry, there will be no let up of the “dreadful” trading seen in 2015.Following the recent publication of its Multipurpose Shipping Market and Forecast 2016 report, Drewry’s lead multipurpose analyst, Susan Oatway, described competition from container shipping as the “fly in the ointment” of the sector’s recovery.She said project shippers in particular were “paying peanuts” to container lines to carry breakbulk and out-of-gauge cargo on flatracks, providing desperately needed freight for voyages. By Mike Wackett 26/04/2016 Maersk Line in particular were “aggressively targeting project cargo” said Ms Oatway, while rivals such as Hapag-Lloyd are taking a fresh look at the sector in a bid to grab more cargo and revenue for their ships.Ms Oatway said multipurpose vessels (MPVs) were estimated to be losing between 5% and 10% of their traditional business to containerships, which she thought could rise to as much as 20% if box lines became even more desperate.She added that just the interest of container lines in the sector was having a “big psychological” impact on the MPV market, resulting in long-lasting damage to freight rates.The multipurpose shipping market is “one of the most private sectors in shipping”, explained Ms Oatway. “You will rarely see reports in the shipping media on freight rates”, so container carriers were randomly quoting “close to zero rates” without any idea of the market, she added.Notwithstanding the container attack, the MPV market has had to contend with weaker demand, coupled with falling commodity prices in 2015, resulting in a 3% decline in global demand and “untenable” conditions that have threatened the financial stability of a number of companies.Describing 2016 as a year that the MPV market had “got to get through”, Ms Oatway expects growth to improve in 2017, with key regional drivers being the Middle East, specifically Iran.There was also the potential growth of energy renewables into the US and some construction work around new ports in Africa and South America, she added.And with an extremely low newbuild orderbook and a return to a positive trend of an estimated annual growth in demand of 2.7% to 2020, the MPV market has reason to be more optimistic longer-term.But much will hinge on recovery in competing sectors, in particular the container industry, which Drewry believes might not return to “normal” until 2018.When it does happen, however, shippers of breakbulk and out-of-gauge cargo could then find themselves discarded by the container lines, which generally prefer the much less complex business of carrying boxes, unless they pay for all the slots used.last_img read more

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Smith: Rangers’ bitterness towards clubs over 2012 will never fade

first_img“I think that’s the thing that will always stay in Scottish football, I think there will be a bitterness in the Rangers ranks that it happened. It will be a massive motivation for the club, it would be for me.“There’s no doubt it was the wrong move in my eyes. Scottish football’s been worse off and a lot of the teams who were happy to see Rangers go down there have suffered and found themselves relegated or in the process of being relegated. So there will be that bitterness.“How can they forget what happened to them? They can’t forget that. Nobody can forget.”A UEFA benchmarking report showed revenues of Scottish clubs have fallen, on average, by 25% over the last five years. Celtic chief executive Peter Lawwell estimated his side had lost out on £10m per year due to reduced gate receipts and other associated factors. Former Rangers manager Walter Smith believes there will always be bitterness within the Ibrox club towards other Scottish sides after they denied re-entry to the top flight four years ago.Speaking days before the Old Firm derby and a week after the Championship side clinched promotion back to the top flight, Smith claimed the Govan outfit should be motivated by any remaining ill feeling as they prepare for next season.In 2012, clubs voted 10-1 against allowing Sevco Scotland Limited to inherit Rangers’ SPL share. Representatives from 30 Scottish Football League clubs decided the Ibrox side would enter the bottom tier of their structure after rejecting proposals which could have seen the new company play in the First Division.Asked if he hoped there would be an end to any bad feeling, Smith said: “I think it [ill feeling] will always be there. There was no necessity for Rangers to be put down into the Third Division. Celtic are on the verge of securing five-in-a-row but Smith reckons the Scottish champions have suffered during Rangers’ absence from the top flight, with the former Scotland boss citing reduced spending and a lack of motivation.Smith added: “I think Rangers being out of the top flight has in many ways caused problems to quite a number of the teams that have been there and Celtic are one of them in the sense that they’ve been left more or less alone to win a championship.“Aberdeen put up a great fight over the last couple of years but it’s very difficult for the provincial teams to match Celtic or Rangers, when Rangers are at the level they were at five years ago.“I think Celtic have had a problem with their own motivation in terms of going into games, I think that’s a big, big thing.”last_img read more

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SA calls for French backing on Africa

first_img15 October 2013 South Africa will count on France’s support for the implementation of United Nations Resolution 2033, which calls for closer coordination between the UN Security Council and the African Union (AU) Peace and Security Council, President Jacob Zuma said on Monday. Zuma was speaking during a state banquet held in Pretoria in honour of visiting French President Francois Hollande. “South Africa believes that to comprehensively address this challenge of peace and security on the continent, there is a need for closer cooperation between the United Nations Peace and Security Council and the African Union Peace and Security Council.” He said the resolution accorded the AU “a leading role” in facilitating the resolution of conflicts on the continent, with the support of the United Nations. “At a multilateral level there is a need for us to further intensify our collaboration and partnership. “This we should do … to encourage faster reform of the United Nations, especially the Security Council, so that this important world body can become a truly democratic forum, reflecting the political and other realities of the 21st century.” Zuma and Hollande agreed on Monday that intervention was needed in the Central African Republic to help stabilise the country. Zuma said that relations between France and South Africa would grow from strength to strength following Hollande’s visit. In 2012, more than 120 000 French tourists visited South Africa, an increase of 16% compared to 2011. “This shows great potential, which we will continue to harness,” he said. Among the agreements reached on Monday was for France to supply the Passenger Rail Agency of South Africa with more than 3 000 train carriages. Source: SAnews.gov.zalast_img read more

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appFlash Uses Google Swiffy to Build iOS Apps

first_imgsarah perez What it Takes to Build a Highly Secure FinTech … Role of Mobile App Analytics In-App Engagement appFlash, for now, is more of an experiment, as it was cooked up in just 24 hours. AppMobi CTO Sam Abadir said the company thought it would be interesting to see how Swiffy’s exported code could be integrated into the appMobi services in order to get Flash assets onto the iOS platform quickly.However, he did note there were some roadblocks to doing things this way. For example, Swiffy’s HTML5 output doesn’t work on Android devices, the company found. So for now, the company isn’t offering Android builds using appFlash.In the meantime, interested developers can check out the new experiment here. Related Posts Tags:#Apple#apps#Google#How To#iPhone#mobile The Rise and Rise of Mobile Payment Technology Why IoT Apps are Eating Device Interfaces Shortly after Google unveiledSwiffy, the Flash-to-HTML5 conversion tool designed for WebKit browsers, mobile app development firm appMobi launched a related utility called appFlash. This new tool takes advantage of Swiffy’s capabilities, allowing mobile developers to convert app assets coded in Flash into native iOS applications.How appFlash WorksHere’s how the new utility works:First you take the Adobe Flash code and input it into Swiffy, which returns HTML5. Then you can view the HTML5 code with the appMobi XDK software and test the code on an iOS device using appMobi’s AppLab. The entire process takes just a few minutes, says appMobi.After making any necessary changes, you can build a native iOS app using the appFlash utility, pictured below.last_img read more

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Notre Dame Wore “Fr. Ted” Patches Last Night Against Louisville To Honor Father Theodore Hesburgh

first_imgA closeup of Notre Dame's mascot during a basketball game.NEW YORK, NY – MARCH 08: The Notre Dame Fighting Irish mascot cheers on the court during a timeout against the South Florida Bulls during the quarterfinals of the Big East Men’s Basketball Tournament at Madison Square Garden on March 8, 2012 in New York City. (Photo by Chris Trotman/Getty Images)On February 26, the Notre Dame community lost one of its finest members, Rev. Theodore Hesburgh. Hesburgh, or Father Ted as he was known, served as the school’s president from 1952-1987 and had an incredible impact on the community. Wednesday night, the men’s basketball team paid tribute to Hesburgh.The Fighting Irish wore “Fr. Ted” decals on their jerseys, and officially dedicated their win over Louisville to his memory. Check it out:We are proud to dedicate tonight’s win to the memory of Fr. Ted. #ThankYouFrTed pic.twitter.com/QEL8ehGDpq— Notre Dame MBB (@NDmbb) March 5, 2015Our thoughts and prayers go out to Hesburgh’s family and friends.last_img read more

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Grounded Kea Trader Beyond Repair Heading for Recycling

first_imgzoom The 2017-built containership Kea Trader, which ran hard aground on a reef off New Caledonia on July 12, will have to be recycled, the ship’s owner Lomar Shipping said.The decision was made following the recent damage assessments that have shown that the 2,194-TEU ship cannot be repaired.Namely, underwater inspections have identified extensive damage to the ship’s hull, rudder and propeller.“Most double bottom tanks have been affected. There is water ingress in all five cargo holds, which is being controlled by portable pumps where possible to protect cargo,” an update from the company reads.Furthermore, there is also evidence of further structural damage within the vessel and additional deterioration being caused whilst the ship remains on the rock reef during the rough swells.This is being managed on an on-going basis by the Ardent recovery team, with assistance from the ship’s own crew, Lomar added.“However, given the nature of the damage already known, that expected in currently inaccessible areas, and as a result of the vessel’s continuing deterioration, the company has regrettably had to agree with its H&M insurer that the vessel cannot be repaired and will need to be recycled,” Lomar Shipping informed.Moving ahead, Ardent will continue to work to refloat to the Kea Trader and salvage its remaining cargo, while also protecting the marine environment, in agreement with Lomar, before disposing of the vessel.Ardent is said to be progressing multiple plans for re-floating of the ill-fated vessel.“We are committed to the safe removal of Kea Trader while also protecting the marine environment. We will continue to devote all necessary resources and work closely with Ardent, our P&I Club Skuld, and the local authorities in New Caledonia, to deliver on this plan,” a Lomar spokesman said.More than two-thirds of 756 containers have now been removed from Kea Trader, as it continues to remain hard aground on a rock reef in the South Pacific. Some 532 units have been discharged and delivered ashore in Noumea, New Caledonia.Poor winter weather conditions continue to hamper the salvage operation. A significant storm in the South Pacific saw the ship’s crew and the majority of salvage workers being taken off the vessel as a precaution for the second time since the grounding.According to Lomar, the personnel is back on board, and containers and empty flat racks were moved from below deck using the ship’s own gear (cranes), in preparation for their removal this week.last_img read more

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Strategic Vest Jim Tressel accepts job as Akrons vice president of strategic

Former Ohio State football coach Jim Tressel was introduced Thursday by University of Akron President Luis Proenza as the school’s new vice president of strategic engagement. Reaction from OSU students regarding Tressel’s new job is mixed.   Just days removed from an unsuccessful run at the NFL’s Indianapolis Colts’ head coaching job, Tressel will begin his new role at Akron on May 1, 29 days shy of the one-year anniversary of his forced resignation at OSU. Tressel, who began his coaching career as an undergraduate assistant at Akron, will earn $200,000 annually in his new role at Akron. The position is a newly created one at the university.  “That Akron experience is something I look forward to sinking my teeth into,” Tressel said at the Thursday press conference at Akron. In his job, Tressel will “identify, recommend and support strategies and efforts that promote success in all facets of student life, including alumni and friend engagement, and collaborations and partnerships with community organizations that have an influence and impact on UA students and their futures,” according to the university’s website.  “Jim has touched thousands of lives in positive ways,” said Proenza. “He has incredible energy and demonstrates leadership, passion and compassion for students. We feel fortunate that he has decided to bring that dedication here to the University of Akron. Our students will be the beneficiaries.” In Tressel’s final game coaching the Buckeyes, he led the team to a 31-26 victory against Arkansas in the 2011 Sugar Bowl in the Louisiana Superdome. That game, along with the entire 2010 season, was later vacated by OSU as part of its self-imposed penalties for violating NCAA policies. Tressel’s decade-long reign at OSU ended when he was forced to resign from his post with the Buckeyes on May 30. On Dec. 19, Tressel was issued a five-year show cause penalty by the NCAA for not properly reporting NCAA rules violations that he was aware of during the Buckeyes’ 2010 season. The show cause would result in penalties for any member institution that hired him as a coach. Tressel remains one of the most successful coaches in OSU football history, having led the team to a national championship in 2002, a 94-21 overall record and an 8-1 record against rival Michigan. Dmitri Dulgov, a first-year in biology at OSU said he was shocked that Akron hired Tressel. “He lied to college football’s face,” Dulgov said, “and he put our university in a bad position.” Travis Tray, a third-year in communications, said the arrival of new Buckeyes coach Urban Meyer makes Tressel‘s return to a college campus tolerable.  “It’s a good position for (Tressel),” Tray said. “I’m over the whole situation — we have the best coach in the nation now.” read more

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Keita takes Gerrards number 8 shirt at Liverpool

first_imgNew signing Naby Keita will become the first player to take over Steven Gerrard’s number eight shirt at Liverpool since his departure in 2014The 23-year-old was handed the shirt by former captain Gerrard when his £48m deal was agreed on between the club and RB Leipzig last August.The Guinean midfielder will complete the transfer on Sunday and revealed his surprise at Gerrard’s gesture.“It was an incredible day for me. He [Gerrard] gave me the number eight jersey. When it happened, it was a surprise and I didn’t expect it,” Keita told the club website.“When he came in, I looked and him and said ‘Wow’ because he is a legend. He is somebody who always showed respect, who gave his all on the pitch, somebody who is loved here.divock origi, liverpoolReport: Origi cause Klopp injury concerns George Patchias – September 14, 2019 Divock Origi injury in today’s game against Newcastle is a cause for concern for Jurgen Klopp.Perhaps with one eye on Tuesday’s trip to Italy…“If somebody like that gives you his shirt number, it’s not to play around with, it is to try and do as much as he did – that’s my motivation.”Keita is not on World Cup duty this summer and will, therefore, be available for preseason training with his new teammates at the club’s training ground at Melwood on Monday.And he is looking to go one better than last season’s Champions League runners-up spot.“When you see how they performed last season it makes me want to do the same and to be a part of this team. I would like to be able to achieve a similar kind of season with them – but even better,” he said.Keita scored 17 goals in 71 appearances in his two seasons at Leipzig.last_img read more

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Pochettino questioned about not playing Trippier

first_imgEnglish right-back Kieran Trippier was not featured in the 2-1 Tottenham win over Newcastle United yesterdayMauricio Pochettino’s Tottenham Hotspur was able to beat Newcastle 2-1 yesterday.The win was very important for the team, as this was Week 1 of the 2018-2019 Premier League season.But even after the victory, Pochettino was questioned by the media, especially after not choosing to play right-back Kieran Trippier.Victor Wanyama, Tottenham Hotspur, Premier LeaguePochettino admits Wanyama remains in his Spurs plans Manuel R. Medina – September 14, 2019 Kenyan international, Victor Wanyama, was the protagonist of a summer transfer saga, but in the end, he is set to stay at Tottenham Hotspur.“The players that played we considered ready to play. The players that are out of the squad are because the same situation, are all in the condition to train,” he tried to explain as reported by HITC.“Nobody is injured. Only it is to take the best decision. No, I think all arrived in a good condition to start the training and then it’s our decision to pick a starting XI and players on the bench.”Basically, Pochettino was happy with his decision not to start him, especially after the defender played during the 2018 FIFA World Cup in Russia and is tired.last_img read more

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