Brian O’Driscoll talks technology in rugby

first_imgCan’t get to the shops? You can download the digital edition of Rugby World straight to your tablet or subscribe to the print edition to get the magazine delivered to your door.Follow Rugby World on Facebook, Instagram and Twitter. The Leinster, Ireland and Lions great is keen for the sport to make the most of scientific advancements Brian O’Driscoll talks technology in rugbyThere’s a wry smile on Brian O’Driscoll’s face as he reflects on how much jerseys changed during his playing days, from the huge cotton numbers that looked three sizes too big in 1999 to the skintight versions that were a struggle to get off in 2014.“Those jerseys retired a few front-row forwards before their time was up – there was no hiding any more,” he quips.Brian O’Driscoll in a loose-fitting jersey at RWC 1999 (AFP/Getty Images)While some props may yearn for a return of baggy shirts, technology has helped rugby in other ways, be it analysis, injury prevention, finding new audiences…O’Driscoll believes advances in science could also make a big difference when it comes to brain injuries. World Rugby is trialling eye-tracking technology in this area while a saliva test was 94% accurate in a head injury study.“From a rugby perspective it’s about the tech around detecting concussions, in real time on the pitch, so you’re not having anything slip through the net,” says O’Driscoll. “That’s an area of concern across the amateur and professional game. Rugby wants to limit concussions and safeguard future generations.”Leinster fly-hald Harry Byrne is taken off for an HIA (Sportsfile/Getty Images)Technology has also led to big changes in how sport is shown on television, from player mics to new camera angles. O’Driscoll is part of the BT Sport team so what does he think have been the biggest improvements in rugby broadcasting?“BT likes to be forward-thinking,” says O’Driscoll. “The demo pitch in the BT studio allows you to run through something like the breakdown rather than just talking about it and we’ve got brilliant feedback on that. I know some of the demos have been shown at clubs in the UK and Ireland, to try to explain what the coach is trying to achieve.“Also, at half-time, there may have been five or six tries but if you get the best try, draw it up on an iPad, people can understand why it happened. It’s not just telling people what you see but why you’re seeing it, why it happened. There might have been a held jersey or someone slipping, so it’s highlighting that.”The downside of technology is that our attention spans have got shorter so sport needs new ways to engage audiences. One thing O’Driscoll would like to see is the GPS data players generate during a match reported in real time to provide more of an insight into how much ground players cover, the forces involved in a tackle or the speed people are running at. The dilemma that needs solving is who has the rights to share that data.“Who wants to give up the IP (intellectual property)? Who owns the IP?” asks O’Driscoll. “It would be brilliant if we could share that information. If we want to expand the game, to get to new markets, there are areas you have to be willing to go. Sometimes you give up something to get something in return. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Former Ireland captain Brian O’Driscoll in now a TV pundit (NurPhoto/Getty Images) “That could almost drive competition too. People want to be part of leaderboards over the course of a season – who covered the most distance? Who got the highest speed? All of that is exciting and it’s how you can captivate people on a week-to-week basis rather than dipping in and out.” O’Driscoll is one of the judges in BT Sport’s Innovate 21 competition, which is looking for new ideas in sports broadcasting – perhaps that will lead to other ways to draw in viewers.BT have already introduced innovations this past year. Take Watch Together: with the pandemic preventing fans from being in stadia or pubs to watch matches, BT developed a way for friends to watch a match via the app while being able to see each other and chat.The winner of the Innovate 21 competition, which closes on 31 July, will have the opportunity to develop their idea with BT. O’Driscoll says: “I’m looking forward to seeing something new coming in. You never know where the next brilliant innovation will come from.“Who would have thought you could watch a game with some of your pals on a phone? It’s brilliant tech. The ingenuity and innovation of people can flabbergast you.”last_img read more

Guest Opinion | Don’t Let the City Council Destroy Pasadena’s Minimum Wage Progress

first_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Opinion & Columnists Guest Opinion | Don’t Let the City Council Destroy Pasadena’s Minimum Wage Progress Guest Editorial by PETER DREIER and MARK MAIER Published on Monday, November 14, 2016 | 5:02 pm Peter Dreier (l) and Mark Maier (r)Reflecting the views of the Chamber of Commerce, Pasadena City Councilmember Andy Wilson has asked his council colleagues to consider rolling back the city’s progress on the minimum wage.Last February, the City Council voted unanimously to implement a path to $15 per hour, adopting the same policy that the City of Los Angeles had passed and the same policy that Los Angeles County adopted for unincorporated areas, including Altadena.Now Wilson, who faces a tough election battle, appears to be currying favor from business interests He wants the Council’s Economic Development and Technology (Ed Tech) Committee to consider rescinding Pasadena’s new law. To cover his tracks, Wilson has also asked the Council to consider keeping the current law in place. The Ed Tech Committee will discuss Wilson’s outrageous proposal on Tuesday (November 15) at 6 pm in the Grand Conference Room in the basement of Pasadena City Hall.Wilson’s proposal is a slap in the face to Pasadena’s low wage workforce and to the many people who worked for over a year to craft the policy following a healthy public debate. Moreover, a poll conducted before the City Council vote found that 74% of Pasadena voters citywide, and huge majorities in every City Council district (including 63% in Wilson’s district) voiced support for the $15 wage. The plan was endorsed by a broad coalition of clergy, nonprofit groups, educators, elected officials, civic and community organizations, businesses, and unions.If the Pasadena City Council rescinds the current law, the local minimum wage will revert to the lower one adopted by the state legislature and signed by Gov. Brown in April. The California minimum wage schedule was adopted as a compromise based on concerns about depressed economies in the Central Valley. Many other California cities have adopted minimum wage laws higher than the state level in order to address wide differences in the cost of living, especially housing costs, in different parts of the state.Thanks to Pasadena’s new law, its minimum wage (as of July 1) is now is $10.50/hour for businesses with 26 or more employees. It is scheduled to rise to $12/hour next July and $13.25/hour in 2018. (The minimum wage schedule is delayed one year for smaller businesses.)This is precisely the schedule adopted by Los Angeles City and by Los Angeles County for unincorporated areas. The City and County have further steps, reaching $15/hour in 2020, whereas Pasadena has a “pause” to consider whether to follow these additional increases. Since Pasadena just began implementing its new wage law, it makes sense to wait for that “pause” in two years to see what impact the new law has had.The State of California’s path to $15/hour takes an additional 18 months, moving from $10.50/hour on January 1, 2017 to $11.00/hour in 2018 and then up by $1 every year until 2022. If Pasadena reverted to the State plan, full time minimum wage workers would lose over $3,000 per year in 2018 alone. That would be devastating for those families, especially since Pasadena has among the highest housing prices in the country, making it extremely difficult for low-wage families to make ends meet. Also, as many people pointed during the debate over the minimum wage, low-wage workers will spend most of their additional incomes in Pasadena business, giving a boost to our local economy.If Pasadena were to abandon its minimum wage law, it would be an administrative headache. Laws are best enforced when they are uniform across jurisdictions. Most Pasadena residents work in Los Angeles, Pasadena, and Altadena, so having the same minimum wage in those three jurisdictions make sense. If Pasadena changed its law, there would be inadvertent wage fraud by employers confused about the differing wages and differing adjustment dates. And, unscrupulous employers could underpay their workers who may be confused by the jurisdictional variation depending whether one worked in Pasadena or just over the city line in Los Angeles or Altadena.Finally, it should be remembered that the higher Pasadena and L.A. wages are not even in line with U.S. historical minimum wage levels. Had the federal minimum wage been adjusted for inflation since 1968, it would be over $11.00 /hour today. But because Congress is gridlocked, many states have adopted their own minimum wage laws higher than the federal level and many cities have adopted municipal laws higher than their state minimum wages.Wilson was appointed to the City Council seat to fill Terry Tornek’s seat after Tornek was elected Mayor. Now Wilson has to run to win the seat and faces an even more conservative opponent. It appears he’s willing to throw Pasadena’s working families under the bus to win the election.We encourage Pasadena residents to contact Andy Wilson and other City Council members and tell them to keep the current minimum wage law in place.Mayor Terry Tornek: [email protected] 1 – Tyron Hampton: [email protected] 2 – Margaret McAustin: [email protected] 3 – John Kennedy: [email protected] 4 – Gene Masuda: [email protected] 5 – Victor Gordo: [email protected] 6 – Steve Madison: [email protected] 7 – Andy Wilson: [email protected] urge the Council’s Economic Development and Technology Committee to reject Councilmember Wilson’s backdoor proposal. It is unfair to workers, unsound as administrative practice, and seems only a election-year gesture for Wilson to win support from the Chamber of Commerce. It is fair to ask each City Council member: whose side are you on?Peter Dreier chairs the Urban & Environmental Policy Department at Occidental College. Mark Maier teaches economics at Glendale College. Both of them are long-time Pasadena residents. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 6 recommended0 commentsShareShareTweetSharePin it More Cool Stuff Herbeauty10 Reasons Why Selena Gomez Has Billions Of FansHerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeauty Top of the News center_img Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Make a comment Name (required) Mail (required) (not be published) Website Your email address will not be published. Required fields are marked * Subscribelast_img read more

Finding someone to sublet can be an arduous task

first_imgFor students facing final exams, projects and the stress of moving out at the end of the semester, subletting their apartment can be the last thing they want to worry about.Trading spaces · For students who live off campus, finding people to take over the summer months of their 12-month leases can be a long and complicated process. – Andrew Chi | Daily Trojan But for many students, subleasing is a necessity. Students looking for alternatives to USC housing generally lease apartments through one of the many off-campus housing companies in the North University Park area. Many of these companies only offer 12-month leases, so students who leave for the summer are forced to either sublease or continue paying rent, even though they are not using their apartment.Students looking to sublease apartments tend to rely on the Internet to connect with potential renters. Facebook Marketplace, Craigslist and Uloop tend to be the most popular websites to post listings.“I had a lot of luck with Facebook Marketplace, but not so much with Craigslist,” said Iris Fung, a senior majoring in international relations. “With Craigslist, there are a lot of spammers. It’s less specific to USC subletting. Facebook is more targeted to college students. Students use it a lot, so the marketplace is a natural place to look.”Some students, however, think there should be a more streamlined process for finding people to sublet an apartment, given that a large number of students are looking to sublease every summer.“I only know of Facebook Marketplace and Uloop. I looked at other websites, but I didn’t post a listing because I didn’t trust my information to be on them,” said Eileen O’Donnell, a senior majoring in theatre.The various housing companies around campus each have their own policies regarding the length of a lease or student sublease.First Choice Housing, formerly Cal Student Housing, offers students leases that range from nine to 12 months, according to a representative from the company’s leasing office. The length of the lease depends on factors such as when an apartment becomes available and how soon a student wants to move in.Vaasu Swaminathan, a senior majoring in aerospace engineering, signed a 10-month lease with Cal Student Housing last school year.“[The 10-month lease] was set at a slightly higher rate than a 12-month lease,” Swaminathan said. “But I didn’t have to look for someone to sublease over the summer because it ended the day after graduation.”Stephanie Camacho, office manager of STUHO Student Housing, said that, although the company only offers yearlong leases from August to July, they are not against students subleasing their rooms. The company provides students with two different options.Tenants can choose an assignment, which involves terminating the current tenant’s lease and transferring the entire lease to a new tenant. The new tenant would be required to complete STUHO’s entire application process and be approved by the landlord.Alternatively, a student can choose to sublease, temporarily allowing someone to live in his room while he is away and take over rent payment. In this situation, the current tenant is still considered responsible for payment and any problems that could arise with the person filling their spot.“We usually encourage that if it is someone you don’t know, you do an assignment,” Camacho said. “That way, you aren’t responsible for the next person.”Many students said they would like to see more flexible lease lengths from the off-campus housing facilities.“The best way to help us with this is just to do 10-month leases,” Swaminathan said. “I wouldn’t mind paying a little extra for that, just to avoid all of this.”A shorter lease for students is not always feasible for housing companies, however.“Our leases are yearlong,” said Anthony Montana, assistant manager of Moraga Student Housing. “We’re a small business. There is no way we can go three months without rent. The owners are trying to adapt to accommodate students, but I don’t know how much more they can do.”last_img read more

NCAA Roundup

first_imgThomas undecided in commitment to USCDespite his verbal commitment, five-star recruit De’Anthony Thomas (Crenshaw, Calif.) is reportedly wavering in his decision to play for USC next year.Thomas told Scott Schrader of FightOn247.com on Monday that he will announce his final decision Wednesday at a 5 p.m. press conference to be held at L.A. Live’s ESPN Zone.“Tell everyone to come out for the announcement,” Thomas told Schrader.Thomas, ranked No. 5 in the Rivals100, visited the University of Oregon this weekend, a move that has left USC with some unanswered questions.The tailback from Crenshaw High is verbally committed to the Trojans, but until National Signing Day Feb. 2, he could switch his commitment to any other team.Though the Trojans are still under sanctions, their Jan. 22 appeal meant that the restrictions on recruiting have not yet kicked in.USC coach Lane Kiffin has 25 verbal commitments, including Thomas, and USC’s recruiting class is ranked No. 5 in the nation according to Rivals.com.While Thomas might or might not still join the team next year, the Trojans’ other five-star recruit, George Farmer, is reportedly steady in his decision to play for USC.— Maheen SahooTurene decommitsKent Turene’s (Lauderdale Lakes, Fla.) verbal commitment to the Trojans has been uncertain for some time, but now it’s official that he has decommitted from USC.Now, the three-star linebacker is considering Nebraska, Texas Tech and Georgia, in addition to USC.“Nobody is leading right now,” Turene said. “I’m just making sure that I am doing the right thing for me.”Turene initially had committed to USC last July, but now says he will make his decision Wednesday on National Signing Day.“I want to do this the right way and respect the process,” Turene said. “I want to make sure I’m making the right decision and I want all the programs that are recruiting me to understand where everything stands.”— Nick BurtonGomez and Troy recognized for strong playMurphy Troy of the men’s volleyball team and Emilio Gomez of the men’s tennis team were named USC Credit Union Student-Athletes of the Week.The senior opposite hitter helped lead the No. 1 Trojans to two more road victories against No. 6 UC Santa Barbara and No. 4 UCLA.In a sweep against the Gauchos, Troy hit .632 and finished with 12 kills. Against the Bruins, Troy had a match-best 26 kills to go along with five aces and seven digs.Troy’s play has been instrumental in USC’s 6-0 start, which is its best since 1994.The freshman Gomez has been off to a perfect start as he has opened his college career with a 4-0 mark in singles play and a 5-0 record in doubles play.In matches against Florida State, San Diego State and Indiana, the freshman came away with three singles and three doubles victories, helping the Trojans to a 5-0 start on the year.For his stellar play, Gomez was also named Pac-10 Player of the Week.— Trevor Wonglast_img read more

DONEGAL BEING TREATED UNFAIRLY BY GOVERNMENT OVER MICA HOME DEFECTS

first_imgDonegal Sinn Féin TD Pádraig Mac Lochlainn has this evening repeated his call for a Mica Redress Scheme for families, whose homes are affected by defective blocks caused by Muscovite Mica.He raised the issue in the Dáil chamber with the Government, following the published findings of a Preliminary Engineers Report for Donegal County Council on the impact of Muscovite Mica on some council homes in the county.He said the government must repeat the scheme for families in Leinster whose homes were affected by Pyrite. Deputy Mac Lochlainn said: “My colleague Cllr. Albert Doherty has relentlessly pursued the need for Donegal County Council to carry out testing of their housing stock for defective blocks caused by Muscovite Mica. Thanks to his endeavours and supported by other councillors, the council have now published their Preliminary Engineers Report which confirms the presence of Mica in some council homes.“This report has now clearly led to the announcement by the Government of the establishment of an Independent Panel of Experts to examine the issue.“My concern is that that a Panel of Experts was also established in relation to the Pyrite crisis. Will this new panel be re-inventing the wheel? How long will this new panel take to report back?”“There are families in Donegal living in terror that their gable wall or ceiling will collapse on them. There are also families in Donegal who cannot get their home insured. They cannot wait for much longer. They desperately need a Redress Scheme and they need it as soon as possible. “I therefore repeat the call of my party for the Government to immediately introduce a Mica Redress Bill and then a Mica Redress Scheme to support the affected families in Donegal as they did with the Pyrite Redress Scheme for families in the council administrative areas of Dún Laoighaire/ Rathdown, Fingal, Kildare, Meath, Offaly, South Dublin and Dublin City”. DONEGAL BEING TREATED UNFAIRLY BY GOVERNMENT OVER MICA HOME DEFECTS was last modified: July 15th, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:MICAPadraig Mac Lochlainn TDpyriteredress schemelast_img read more

Contenders for Mammal of the Month

first_img(Visited 16 times, 1 visits today)FacebookTwitterPinterestSave分享0 Here are some furry friends that know how to impress scientists.Bats: Add another skill to the bat box: the ability to navigate with polarized light. Science Magazine’s “Science Shot” for July 22 explained how the phrase “blind as a bat” is now even more obsolete than it had been when science learned how well bats can “see” with sonar. “They detect and use polarized light to calibrate their long-distance navigation,” Sid Perkins relates based on experiments in specially-built cages with controlled polarized light. On The Conversation, Richard Holland (Queen’s U, Belfast) describes the experiments his team performed. “So it seems that bats use the Earth’s magnetic field as a compass, and that this is calibrated by the pattern of polarised light at sunset,” Holland writes about this “exciting result.” The discovery makes bats “the first mammal we know to show the use of such cues for navigation” (Note: the mantis shrimp can detect circularly polarized light; see 7/06/14). Next, they want to learn how the bats’ eyes detect polarized light. Then, they need to figure out how the mammals navigate in the dark after sunset, when the polarized light is gone. Jonathan Webb wrote this up for the BBC News.Elephants: The envelope, please. The world’s best sniffer is: the elephant. “Elephants many have the best noses on earth,” Science Magazine announced in another Science Shot on July 22. Dogs are good smellers, but elephants have twice the number of olfactory genes – 2000, besting the previous champion, the rat. That’s five times as many olfactory genes as humans have. Live Science gives examples of the skills this precise sense of smell gives elephants, such as the ability to distinguish between human tribes that pose a threat or leave them alone.Moose: (Note: the plural of moose is moose, not meese). What’s cool with drool? Moose “eat a grass that is so toxic, it can make animals’ hooves fall off,” New Scientist says. Yet their hooves look just fine. How do they survive? Scientists found an unlikely trait in moose saliva: the ability to neutralize toxins in grass, allowing them to eat without fear. In yet another Science Shot on July 22, reporter Nadia Whitehead explained how a chemical in the saliva was found to drastically reduce the toxins produced by a fungus commonly eaten by moose and reindeer. Evolution must have done it: “The results suggest that large mammalian herbivores have evolved the ability to fight back against plant defenses to either detoxify their greens or curb venomous chemical production.” How they did that, she didn’t say.Ibex: (Note: the plural of ibex is ibex, not ibices.) Here are some reasons you should vote for these long-horned goats for Mammal of the Month. Alina Bradford at Live Science lists some “Fun Facts about Ibex” to influence your vote: they inhabit rocky habitats from Europe to Africa; the males have horns that can grow five feet long; they live on cliffs; some routinely live at 14,800-foot elevation; their shiny coats reflect sunlight to keep them cool; their hooves have sharp edges and concave centers that act like suction cups, allowing them to climb steep walls with ease; the young are alert and jumping right after birth; and adults can “jump more than 6 feet (1.8 meters) straight up without a running start” (we saved that for last to clinch the vote).Humans: We naturally swing our arms when we run, and that’s a good thing, Hassan DuRant said in a Science Shot for July 16. “Reporting this week in The Journal of Experimental Biology, the team concludes that swinging your arms uses 3% less energy than keeping your hands behind your back, 9% less energy than folding your arms over your chest, and 13% less energy than running with your hands above your head.” It apparently requires more muscle to hold those positions while running than to do what comes naturally. Nature also provided a mechanical benefit: “Swinging arms counterbalance the momentum of a person’s legs, providing stability to the runner.”What a wonderful world: all these amazing animals, perfectly adapted to their environments. Humans routinely live indoors; think of all the animals that spend their whole lives out in the open, in all kinds of weather, from sea level to the highest mountains. Climb Mt. Whitney in California (at 14,450′, highest peak in the lower 48 states), and as you gasp for air, you will be greeted by fat, furry marmots waiting there for your handouts, right alongside delicate insects and birds.We may lack some of the traits and abilities of these mammals, but we can reason, wonder, and contemplate heaven. CEH therefore nominates you for Mammal of All Time. Pick up your prize at the Crossroads.last_img read more

Cancer Prevention and Control a Major Focus – Health Minister

first_imgHealth Minister Hon. Dr. Fenton Ferguson, said that the administration has decided to make the prevention and control of cancers “a major focus of our attention” to reduce deaths associated with the disease. He said that cancers account for 20 per cent of deaths caused by non-communicable diseases (NCDs) in the country. NCDs are responsible for 56 per cent of deaths in Jamaica and are costing the Government over US$170 million to treat annually. He was speaking on November 13 at a Keeping Abreast Luncheon hosted by the Jamaica Cancer Society in collaboration with Jamaica Reach to Recovery at the Jamaica Pegasus Hotel in New Kingston. The Minister said his intention is to “pilot the charge” that leads to a broad spectrum attack on cancer, which includes prevention, screening, early diagnosis, treatment, rehabilitation and palliative care in concert with voluntary organisations such as the Jamaica Cancer Society. “The goal is to, on a phased basis, streamline the cancer care path and systematically remove the bottlenecks in the public health system that reduces effectiveness, including as a first step, ensuring that we become current in providing timely results on biopsy samples and all other measures of testing,” he said. In this vein, the Minister informed that a technical working group has been formed to take a critical review of cancer care in the public sector, specifically focusing on the full spectrum of cancer control. He informed that regional technical directors and senior medical officers, who are also members of the group, were asked to identify the gaps that needed to be filled in order to facilitate the provision of the highest possible quality of health care at a cost that is affordable to the country and to make recommendations to fill these gaps. Further, the Minister informed that a technical working group/task force on cancer prevention and control has been established to develop that aspect of the national strategic plan for the prevention and control of non-communicable diseases (NCDs) in Jamaica. “This component – cancer prevention and control, is being given priority attention in view of the rapidly increasing trend globally and locally in the prevalence of cancers,” he informed. The national plan, whichis in response to the increase in the number of persons being diagnosed with NCDs, is now in its draft stage,and seeks to address risk factors for four main chronic conditionsincluding cancers, diabetes, cardiovascular disease and chronic respiratory disease. The plan will focus on the 2012 to 2017 period. A non-communicable disease is a medical condition, which is non-infectious and non-transmissible between persons. They are referred to as lifestyle diseases, because the majority of these conditions are preventable. The most common causes include tobacco use (smoking), alcohol abuse, poor diets (high consumption of sugar, salt, saturated fats, and trans fatty acids) and physical inactivity.last_img read more

Sovcomflot NYK Line Ink Loan to Refinance LNG Carrier Duo

first_imgzoomImage Courtesy: Sovcomflot Joint venture companies belonging to Sovcomflot and NYK Line have signed a new USD 176 million non-recourse credit facility to refinance two ice-class LNG carriers.The vessels in question are the Grand Aniva and sister ship Grand Elena, servicing the Sakhalin-2 project. The 145,000 cbm units are jointly owned and operated by SCF Group and NYK Line.The loan was signed for eight years with three international banks, namely Sumitomo Mitsui Banking Corporation of Japan (through its German subsidiary, SMBC Bank EU AG); Société Générale of France, and Shinsei Bank of Japan.With this financing facility, SCF Group said that it is pioneering the adoption of provisions that enable lenders to comply with the Poseidon Principles, an environmental initiative by international banks that promotes a low carbon future for the global shipping industry by establishing a framework for assessing and disclosing the climate change impact of ship finance portfolios.Grand Aniva and Grand Elena, built in 2008 and 2007, transport LNG year-round from the port of Prigorodnoye on Sakhalin Island to Japan, South Korea and China under long-term contracts with Sakhalin Energy, the operator of Sakhalin-2 project.Since LNG shipments began from Sakhalin-2 in March 2009, the two carriers have completed 325 voyages, delivering over 46.5 million cubic metres of LNG.last_img read more

Passenger vehicle sales hit speed breaker grow just 27 in FY19

first_imgNew Delhi: Passenger vehicle sales in India rose just 2.7 per cent in 2018-19 as weak customer sentiment led by liquidity crunch, high vehicle prices and uncertainty revolving forthcoming elections put brakes on the sales growth in the segment. According to data released by the Society of Indian Automobile Manufacturers (SIAM) Monday, domestic passenger vehicles (PV) sales were at 33,77,436 units in 2018-19 beating the previous record of 32,88,581 units in 2017-18. However, despite new product launches, sales failed to revv up during the second half of the last fiscal which had even prompted the industry body to lower the sales forecast for the PVs from the earlier estimate of 8-10 per cent to 6 per cent. The final figure of 2.7 per cent is even lower than that. “If we look at the positive side then we have continued to grow, though not in high single-digit or double-digits, but low single-digit. Also, it is the highest-ever sales and production in a financial year,” SIAM President Rajan Wadhera told reporters here. Domestic car sales in 2018-19 were at 22,18,549 units as against 21,74,024 units in 2017-18, displaying a growth of 2.05 per cent. Utility vehicles (UV) sales were at 9,41,461 units last fiscal as against 9,22,322 units in 2017-18, a growth of 2.08 per cent. However, exports of PVs were down 9.64 per cent at 6,76,193 units in 2018-18 as against 7,48,366 units in 2017-18. “In the year gone by, we faced many challenges. The biggest being high commodity prices during the year which prompted companies to hike vehicle prices which impacted demand. Further issues like compulsory insurance, liquidity crunch at funding companies impacted the sales,” Wadhera said. With the current fiscal lined up with many challenges, including general elections in the first quarter and transition to BS VI-compliant products later during the fiscal, SIAM said it expected PV sales to grow in the range of 3-5 per cent during the current financial year. “We expect some pre-buying to happen before the transition to BS VI emission norms. Hope it leads to some growth. We firmly believe in India growth story,” Wadhera said. When asked if the industry would be able to achieve the target, he added that with the government’s ongoing infrastructure projects and focus on rural areas expected to continue, growth is expected across both urban and rural areas. During 2018-19, market leader Maruti Suzuki India (MSI) sold 17,29,826 units of PVs at a growth of 5.25 per cent. Rival Hyundai Motor India clocked 5,45,243 units, up 1.68 per cent. Homegrown auto major Mahindra & Mahindra’s PV sales were at 2,45,351 units posting a growth of 2.21 units, according to SIAM data. The industry said it expects two-wheeler sales to grow by 5-7 per cent, commercial vehicles by 10-12 per cent and three-wheelers in the range of 7-9 per cent in 2019-20. In 2018-19, two-wheeler sales rose by 4.86 per cent to 2,11,81,390 units as compared with 2,02,00,117 units in 2017-18. Commercial vehicle sales, on the other hand, rose by 17.55 per cent to cross one million sales in a financial year at 10,07,319 units as compared with 8,56,916 units. Sales across categories rose 5.15 per cent to 2,62,67,783 units in 2018-19 from 2,49,81,312 units in 2017-18. In March, PV sales dropped 2.96 per cent, making it the eighth decline in eight months. The sales stood at 2,91,806 units during the month from 3,00,722 units in the year-ago period. Car sales declined 6.87 per cent to 1,77,949 units during the month as compared to 1,91,082 in March 2018 Motorcycle sales last month slipped 14.27 per cent to 9,82,385 units from 11,45,879 units a year earlier. Total two-wheeler sales in March declined 17.31 per cent to 14,40,663 units as compared to 17,42,307 units in the year-ago month. Sales of commercial vehicles were up marginally to 1,09,030 units in March, SIAM said. Vehicle sales across categories registered a decline of 14.21 per cent to 19,08,126 units from 22,24,224 units in March 2018, it added.last_img read more

Poonam files nomination from Lucknow to contest against Rajnath Singh

first_imgLucknow: Samajwadi Party (SP) nominee Poonam Sinha, wife of actor-turned politician Shatrughan Sinha who had rebelled against the BJP leadership, on Thursday filed her nomination papers for the Lucknow parliamentary seat from where Union Minister Rajnath Singh is seeking re-election. Accompanied by SP MP Dimple Yadav and Shatrughan Sinha, Poonam filed her papers at the Collectorate as the candidate for the SP-BSP-RLD alliance in the seat, which goes to polls on May 6. Clad in a green saree, the SP nominee, who had joined the party two days ago, arrived at the Collectorate in the afternoon after a road show. Thursday is the last date for filing of nominations for the seat. Also Read – Uddhav bats for ‘Sena CM’Her husband, Shatrughan Sinha, was present during the filing of the nomination as well as the road show, which was taken out from the party office. The road show up till the Collectorate passed through the main market of the state capital where Dimple Yadav was seen waving at the crowd carrying flags of the SP and the BSP. Sinha, who had recently quit the BJP, has joined the Congress and is contesting from the Patna Sahib seat in Bihar. The SP had Wednesday announced the candidature of Poonam Sinha from the prestigious seat. Earlier in the day, accompanied by SP leaders, Poonam Sinha had filed another set of papers at the Collectorate.last_img read more