Aggreko trading on track thanks to Winter Olympics and Ryder Cup

first_img Aggreko trading on track thanks to Winter Olympics and Ryder Cup Tags: Aggreko Company More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Aggreko said its North America revenue reflects strong growth in oil and gas, while hurricane-related work was a significant factor.But the company said market conditions in the Middle East are challenging due to the Qatar blockade, while underlying revenue in Africa was also down on last year.Aggreko’s negative results in power solutions utility were expected, the firm said, due to lower rates and off-hires in Zimbabwe, Bangladesh and Japan.What Aggreko saidAggreko said: “We remain on track to deliver our guidance of full year profit before tax in line with 2017, excluding the effects of currency.” James Warrington whatsappcenter_img Wednesday 14 November 2018 12:48 am Share Power generator supplier Aggreko today reported trading in line with expectations for the nine months to the end of September, boosted by contracts with the Ryder Cup and Winter Olympics.The figuresTotal underlying revenue was up 11 per cent. whatsapp Underlying revenue for the rental solutions division, which makes up 52 per cent of the group, increased 26 per cent. In North America revenue was up 32 per cent.Underlying revenue for the power solutions utility division, which makes up 21 per cent of the group, was down 14 per cent.Why it’s interestingAggreko said its results were in line with market expectations and maintains its forecasts for full-year profits before tax.The company, which provides mobile power, temperature control and energy services, received significant boosts from the Ryder Cup in France in September and the Winter Olympics in South Korea in February.last_img read more

Paratrooper drill sets off from Alaska to Australia

first_imgMilitaryParatrooper drill sets off from Alaska to AustraliaJuly 6, 2015 by Zachariah Hughes, KSKA Share:The timeline for an Airborne jump starts more than a day before the mission begins. Jump packs were laid out Sunday at JBER, well-ahead of the actual mission. (Photo by Zachariah Hughes/APRN)On Monday, military units stationed at Joint Base Elmendorf-Richardson began a massive multinational training operation with hundreds of paratroopers are departing for Australia as part of the exercise.Soldiers from the 425th Airborne Brigade stationed at JBER are flew down for Operation Talisman Saber, which the U.S. and Australia run every two years.According to the Army, more than 33,000 personnel are involved in the drill, which officials say bolsters preparedness with allies in the Pacific region.For many Alaska-based troops, it is their first jump in a foreign country. Once there, teams will help secure an airstrip as part of their field exercises.It’s PFC James Goodman’s job to to lug around a 26-pound 240 Lima machine gun that he’ll be jumping with for the first time.“It’s a little awkward,” Goodman said of attaching the 31/2 foot weapon to his left side, “but you just pretty much work through the pain, get a good jump out the door and everything else is pretty easy.”Talisman Saber costs an estimated $23 million.While a few units are staying in Australia for additional exercises, most will head back to Alaska by the end of the week, finishing with a second paratrooper jump in the training areas near JBER.The Army has only conducted airborne missions a handful of times in active war zones over the last few decades.The 425th is one of the units on the table for reduction or elimination under the military’s current nation-wide draw down.Share this story:last_img read more

People / Agility Logistics appoints Detlev Janik as head of South Asia

first_img Agility Logistics has appointed Detlev Janik as its chief executive for South Asia, responsible for company’s operations in in Afghanistan, Bangladesh, India, Pakistan and Sri Lanka.Agility’s Asia Pacific chief executive Chris Price said: “The South Asia region, with its large and fast-growing markets, is immensely important to Agility and we invested early to develop a significant presence. We are very pleased to have Detlev come onboard to help drive growth in our business across India, Sri Lanka, Pakistan, Bangladesh and Afghanistan.”Agility has been beefing up its senior managemnent team in Asia for the best part of year. It appointed Soren Poulsen as chief executive for the greater China area in November while in an interview with The Loadstar earlier this year, Mr Price warned of the difficulty in finding top staff.“We do have a focus on developing our own staff because there are no cultural-fit problems, and I’m a believer in training people, but really top talent is hard to find – you have to go and get them and convince them to join your organisation,” he said.Mr Janik was previously regional director of Dachser in Singapore, responsible for both South Asia and south-east Asia, and prior to that was chief executive of Dachser India. Altogether he has over 35 years of experience in logistics, and first moved to Asia in 1982 and has held positions with Hermann Ludwig (now Geodis), Footwork Hamacher, ABX Logistics (now DSV) and Hansameyer Freight Forwarders. By Gavin van Marle 02/07/2015last_img read more

Container lines “aggressively target” breakbulk and project cargo with ‘rock bottom’ rates

first_imgBy Mike Wackett 14/04/2016 The aggressive targeting by container lines of the MPV (multipurpose vessel) market with “rock bottom” rates is set to continue, according to Drewry.In its recently published Multipurpose Shipping Market Review and Forecast 2016, the shipping consultant says the past 12 months have been “dreadful” for the MPV market.It says weak demand, coupled with falling commodity prices and the oversupply of tonnage in competing sectors, has brought freight rates down to levels not seen since the global financial crisis.The main competition for MPVs has come from handy bulk carriers and containerships, where in the case of the latter, it says operators were prepared to offer rates at “close to zero” to fill empty slots on their ultra-large vessels.And Drewry warns that given the container market is not expected to show any improvement for “two or possibly three years”, it’s likely that container carriers will “continue to aggressively target breakbulk and project cargo for the foreseeable future”.Susan Oatway, lead analyst for multipurpose shipping at Drewry, commented: “We expect the effective demand for the MPV fleet to return to a positive trend with average annual growth of 2.7% to 2020. However, the growth will be very subdued through 2016 and will not show any significant improvement until the end of 2017.”Part of Ms Oatway’s caution is due to the aggressive competition element from the other sectors, but there is also concern over the lack of project finance.In stark contrast to the container sector, the MPV fleet is growing very slowly, says Drewry. It has assessed future newbuild deliveries, potential scrappage candidates and slippage at the yards to estimate supply growth of less than 0.5% a year until 2020.But, given the continuing competition factor, Drewry is worried that owners of MPVs may not last the distance.It says “there is a very real risk for the financial stability for a number of companies”, given that owners have already “borne untenable market conditions” for some time.Nevertheless, Drewry thinks that for the fittest there is light at the end of the tunnel for the MPV market.Ms Oatway concluded: “All this suggests that for those that can survive 2016 and position themselves with unique qualities – whether that is financial stability, good management, eco-friendly engines or extraordinary lift – there is an end to this recession.”last_img read more

News / As trade rebounds in Australia, war of words erupts over surcharges

first_img Although trade with the Far East is booming, shipping line surcharges in Australia are “spiralling out of control” – and carriers blame port congestion.Last week, Alphaliner highlighted a significant increase in cargo demand in Australia, coinciding with the country’s peak season.“The rise is fuelled both by the Far East-Australia trade itself and by increased transhipment activity to and from other regions,” according to the analyst.It said spot rates into Melbourne were the highest in a decade, having more than doubled since mid-March to US$1,648, as per the Shanghai Containerised Freight Index (SCFI).Carriers have responded by adding tonnage, Alphaliner said, including ad hoc sweeper sailings and new loops representing 7,200 teu, or 7.9% of the trade’s weekly 91,000 teu capacity.And last month, many shipping lines introduced port congestion surcharges of up to US$350 per teu, following the industrial unrest which resulted in extraordinary delays at Australian container terminals, particularly at Sydney’s Port Botany.The Freight & Trade Alliance (F&TA) has called the surcharges “exorbitant” and questioned why they are still in place, given productivity at Port Botany has improved following the suspension of industrial action.“There is no doubt Botany is catching up,” said F&TA director Paul Zalai. “So it’s unclear why a congestion surcharge remains, it was a temporary measure.”Furthermore, given many shipping lines had either blanked sailings, bypassed Sydney or, in some cases, stopped taking bookings altogether, he questioned “what costs the surcharges were actually covering”.The F&TA also wondered whether shipping lines were “double-dipping”, gaining penalty revenue from stevedores as well as their shipper customers.Mr Zalai said: “The lack of transparency poses many questions and frustrations, which is turning the spotlight away from the core industrial relations dispute to one of opportunistic shipping line practices that appear to be primarily focused on recovering costs to extend record profits.”However, liner lobby group Shipping Australia claimed the port congestion “was bad, is bad and will continue to be bad in the near future,” and forecasted a further eight-to-ten weeks to clear the “huge backlog” of empty containers.It added: “Stevedores are working with shipping lines to help evacuate the empties back to Asia. However, this is adding a further delays to schedules.”Moreover, it said, while there were only a few vessels waiting to enter the port, this didn’t mean the congestion situation had been resolved.“Ships do not have to be visibly lining up in a 40-ship queue off Botany Bay for there to be extreme congestion and delay,” it said, noting many ships had been forced to vary their sailing speed and adjust routes to save fuel costs.“Where ships are forced to skip Sydney and offload cargo in Brisbane or Melbourne instead, they face extra costs for at least two additional lifts plus possible over-stow lifts, terminal transfers and storage costs. These likely exceed A$1,000 (US$704) per container.” By Sam Whelan 20/10/2020last_img read more

Archbishop of York Gets Key to the City of Montego Bay

first_imgFacebookTwitterWhatsAppEmail The Archbishop of York, The Most Rev. Dr. John Sentamu, was last week presented with the key to the city of Montego Bay at a brief ceremony held at the St. James Parish Council.Mayor of Montego Bay, Noel Donaldson, in making the presentation, said that it was a proud moment for the council to bestow the city’s highest honour on the Ugandan-born Archbishop.“We take great pride in having this privilege, particularly because this year is the 200th anniversary of the abolition of the trans-Atlantic slave trade, and here you are today, an Archbishop of the Church of England,” he stated.Noting Rev. Sentamu’s “impeccable record of service as a scholar and theologian,” Mayor Donaldson said that the Archbishop stood as an example of success despite the odds.“It’s really and truly I believe, a motivation to many of us, to realize and recognize that no matter what obstacles you may come across in your life’s path, that you can nonetheless strive for and reach the highest heights, and we really congratulate and commend you for all your achievements,” he stated.The Archbishop, in his reply, thanked the council for the honour, and urged the membership to work for justice and for truth for all, as stated in the National Anthem.He suggested that more of the money earned from tourism could be spent on the less fortunate in the city. “It is the underprivileged, the lonely, the weak, the powerless, the less privileged, that this great city has got to address,” he noted.“After all, we are not going to be judged in the end by how well we have lived, but rather by how well we have served, particularly the poor, the lonely, the people facing injustices and poverty,” he added.He expressed the hope that the residents of Jamaica, being descendants of slaves, and now running their own affairs, will recognize the importance of their achievements, as this will drive the nation to greater success.The Archbishop and wife Mrs. Margaret Sentamu, were in the island from October 5-12, as special guests of the Diocese of Jamaica and the Cayman Islands. Rev. Sentamu expressed appreciation at the welcome received, describing Jamaica as an island of religion and faith.While in Montego Bay, the Archbishop met with the city’s clergy and interacted with students and teachers of the St. James Preparatory School, which is operated by the St. James Parish Church. Archbishop of York Gets Key to the City of Montego Bay UncategorizedOctober 16, 2007 RelatedArchbishop of York Gets Key to the City of Montego Bay RelatedArchbishop of York Gets Key to the City of Montego Baycenter_img RelatedArchbishop of York Gets Key to the City of Montego Bay Advertisementslast_img read more

Portmore Municipal Council Signs Contract for New Premises

first_imgPortmore Municipal Council Signs Contract for New Premises UncategorizedJuly 14, 2008 FacebookTwitterWhatsAppEmail A management consultancy contract was signed yesterday (July 10) to develop and construct a new 300,000 square feet Municipal Complex in Portmore, St. Catherine.The building will be situated on lands across from the Portmore Mall behind Captain’s Bakery.Signing on behalf of the Portmore Municipal Council were Mayor of Portmore, Keith Hinds and Chief Administrative Manager, David Parkes while Management Consultants, Dr. Morais Wallen and Archibald Hammond signed for Global Business Support Services Limited.Speaking at the signing ceremony held at the Portmore Municipal Council conference room at the Portmore Pines Plaza, in Greater Portmore, St. Catherine, Mayor Keith Hinds said phase one of the project will include the writing of a business development plan and a risk management assessment for the new building. Financing for the project will be secured after the completion of phase one.“We expect within, at least two months to have this part of the first phase finalized, out of the way and moving to the second phase, which is looking seriously at financing and how we are going to put up this building in short order,” he said.Mayor Hinds said the Municipal Council, which is situated in the Portmore Pines Plaza, was not conducive for disabled persons who might wish to conduct business with the Council. “It is a real difficulty,” he added.According to Mayor Hinds, office space at the building would be available to accommodate a tax office, a court house, the Registrar General’s Department, and banks.“We are planning to boast one of the biggest amphi-theatre in the English- speaking Caribbean with over a 1,000 seats,” he said, adding that some business owners have already approached the Council to secure office space at the complex.Meanwhile, Mr. Parkes endorsed the new project saying it would help the Council “to earn its keep through the development initiative.”“We are acting on our own through the advice of the department of Local Government to start that development process, whereby we can improve what is called a rental stock,” he said, noting that there is a demand for rented space in Portmore. RelatedPortmore Municipal Council Signs Contract for New Premises RelatedPortmore Municipal Council Signs Contract for New Premisescenter_img RelatedPortmore Municipal Council Signs Contract for New Premises Advertisementslast_img read more

'Lego League' Junior Robotics Competition State Finals Hosted By CU-Boulder Dec. 3

first_imgNote to Editors: Photographers and media members should check in at the media table in Balch Fieldhouse upon arrival. Ask a greeter or registration volunteer for directions to the table. Contact Ross Parrent for more information, (303) 588-7219. The state finals of the “FIRST Lego League” robotics competition for 9- to 14-year-olds will be hosted by the University of Colorado at Boulder Dec. 3. Lego robots designed and built by student teams will compete in a variety of challenges starting at 9:30 a.m. in the Balch Fieldhouse Complex, just west of Folsom Field, on the CU-Boulder campus. After a lunch break from noon to 1 p.m., competition will continue through 3 p.m. Awards and presentations will conclude at 4 p.m. Dozens of four- to six-member teams will compete. Most are from the Front Range area, but teams from Nebraska and Hawaii also will participate. Students can win awards in a variety of categories and are judged on robot performance, design, team spirit, research and presentation. The winner of the Dec. 3 competition will move on to compete in an international contest in 2006. Robots are required to be made entirely of Lego elements in original factory condition, including Lego sensors. Electrical parts are limited – remote controls are not allowed – and teams must follow strict rules and guidelines during the competition. Sponsored on campus by the CU-Boulder Office of Community Relations and CU Athletics, the competition has inspired many members of the university community to become involved as mentors, volunteers and judges. The competition is organized by Jenny Golder, a CU-Boulder engineering graduate student and full-time employee of Lockheed Martin. The theme of this year’s competition is “Ocean Odyssey.” In addition to the robotics competition in which robots will complete ocean-themed missions on a dry surface, students will present research on ocean activities, resources and effects on biodiversity and productivity. The competition calls for an innovative solution to help improve the use of a resource or activity while minimizing the negative impact on oceans for present and future generations. FIRST, “For Inspiration and Recognition of Science and Technology,” is a multinational community outreach and education program. In 2005 the competition reached more than 25,000 high school students on nearly 1,000 teams in 30 regional competitions. The events bring together students, professionals and teachers to solve engineering design challenges. The FIRST Lego League began in 1998 when Lego partnered with FIRST to create a “little league” to the national high school FIRST Robotics competition. The FIRST Lego League is specifically targeted at the 9- to 14-year-old age group. For more details on the Dec. 3 tournament visit http://www.firstlegoleague.org/nobanner.aspx?pid=17940. For more information about Colorado FIRST visit http://www.coloradofirst.org. Published: Nov. 27, 2005 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

EMA grants conditional marketing authorisation in EU for gene therapy Zolgensma

first_img Related Posts Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Read Article To treat babies, young children with spinal muscular atrophyEMA has recommended granting a conditional marketing authorisation in the European Union for the gene therapy Zolgensma (onasemnogene abeparvovec) to treat babies and young children with spinal muscular atrophy (SMA), a rare and often fatal genetic disease that causes muscle weakness and progressive loss of movement.There are currently limited treatment options for children with SMA in the EU. Patients also receive physical aids to support muscular functions and help them and their families cope with the symptoms of the disease.Spinal muscular atrophy is usually diagnosed in the first year of life. Most patients with severe SMA do not survive early childhood. Patients with the disease cannot produce sufficient amounts of a protein called ‘survival motor neuron’ (SMN), which is essential for the normal functioning and survival of motor neurons (nerves from the brain and spinal cord that control muscle movements). Without this protein, the motor neurons deteriorate and eventually die. This causes the muscles to fall into disuse, leading to muscle wasting (atrophy) and weakness.The SMN protein is made by two genes, the SMN1 and SMN2 genes. Patients with spinal muscular atrophy lack the SMN1 gene but have the SMN2 gene, which mostly produces a ‘short’ SMN protein that cannot work properly on its own. A one-time intravenous administration of Zolgensma supplies a fully functioning copy of the human SMN1 gene enabling the body to produce enough SMN protein. This is expected to improve their muscle function, movement and survival of children with the disease.Treatment with Zolgensma should only be administered once in suitable clinical centres under the supervision of a physician experienced in the management of patients with SMA.EMA’s recommendation for conditional marketing authorisation is based on the preliminary results of one completed clinical trial and three supporting studies in patients with spinal muscular atrophy with different stages of disease severity. These included genetically diagnosed and pre-symptomatic patients.The clinical trial providing the main body of data for the assessment of Zolgensma was conducted in 22 patients who were less than six months of age at the time of the gene replacement therapy with Zolgensma. The trial assessed the percentage of patients who had improvement in their survival (i.e. without the need to be permanently on a ventilator) and motor milestones, such as head control, crawling, sitting, standing and walking (with or without assistance).The survival of patients treated with Zolgensma exceeded what can be expected from untreated patients with severe SMA. Out of 22 patients enrolled in the trial, 20 patients (91 per cent) were alive and did not need permanent ventilatory support at 14 months of age. The experience with this disease shows that at 14 months of age only 25 per cent of patients are still alive. These patients also achieved motor milestones, which are usually not achieved in the natural history of the disease. 14 patients (64 per cent) reached the milestone of independent sitting before 18 months of age. One patient (4 per cent) reached the milestone of walking unassisted before reaching 16 months of age. Patients with less motor deterioration appeared to benefit the most from the treatment with Zolgensma.The most common side effects found in participants in the clinical trials for Zolgensma were increases in liver enzymes (transaminases) seen in blood tests. This is an effect of the immune response to the treatment.Because Zolgensma is an advanced-therapy medicinal product (ATMP), it was assessed by the Committee for Advanced Therapies (CAT), EMA’s expert committee for cell- and gene-based medicines.On the basis of the CAT’s assessment and positive opinion, EMA’s committee for human medicines (CHMP) recommended a conditional approval for this medicine. This is one of the EU’s regulatory mechanisms to facilitate early access to medicines that fulfil an unmet medical need. This type of approval allows the Agency to recommend a medicine for marketing authorisation with less complete data than normally expected, in cases where the benefit of a medicine’s immediate availability to patients outweighs the risk inherent in the fact that not all the data are yet available.Additional efficacy and safety data are being collected through three ongoing studies, a long-term registry and further investigations on the product, including recommendations for future quality development. All results must be included in post-marketing safety reports, which are continuously reviewed by EMA.The opinion adopted by the CHMP is an intermediary step on Zolgensma’s path to patient access. The opinion will now be sent to the European Commission for the adoption of a decision on an EU-wide marketing authorisation. Once a marketing authorisation has been granted, decisions about price and reimbursement will take place at the level of each Member State, taking into account the potential role/use of this medicine in the context of the national health system of that country. Phoenix Business Consulting invests in telehealth platform Healpha News Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app By EH News Bureau on March 30, 2020 EMA grants conditional marketing authorisation in EU for gene therapy Zolgensma The missing informal workers in India’s vaccine story WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Share EMAEuropean Uniongene therapyonasemnogene abeparvovecSMN1 geneSMN2 genespinal muscular atrophysurvival motor neuronZolgensma MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Menopause to become the next game-changer in global femtech solutions industry by 2025 Comments (0) Add Commentlast_img read more

Gov’t member withdraws censure motion

first_imgFacebookTwitterWhatsAppEmail KINGSTON — A censure motion against Opposition Member of Parliament, Dr. Peter Phillips (East Central St. Andrew), was withdrawn by the Government during Tuesday’s (June 21) sitting of the House of Representatives. The motion was withdrawn by Member of Parliament for North East St. Catherine, Gregory Mair. Mr. Mair’s motion sought to censure Dr. Phillips, the Minister of National Security in the previous Government, for failing to seek the endorsement, or approval, of the then Prime Minister and/or the then Cabinet to commit the Government to an agreement with a foreign state, “that was of great consequence to our people and infringed their constitutional rights as citizens of Jamaica”. The motion had asked that Dr.Phillips be censured for those actions and that all Members of the Cabinet, upon demitting office as a consequence of a change of administration or otherwise, should give, under oath, a statement on all matters of critical importance to the nation concerning their office to the incoming Minister and, by extension, to the Prime Minister. He explained that he tabled the motion as Dr. Phillips had breached the fundamental rights and freedoms of Jamaicans, by signing the Memoranda of Understanding (MOU) without the knowledge of the former cabinet. However, he said he was withdrawing it, because the matter had been addressed by the Commission of Enquiry into Christopher Coke’s extradition issue. “This has been found so in the report tabled in the (Lower House) on the recent Commission of Enquiry, and (it) has been confirmed to be unconstitutional. I therefore find at this time no reason to pursue this matter,” Mr. Mair said. The MOUs were signed in 2004 between Jamaica, the United States of America and England. They dealt specifically with narco-trafficking, gun-running, money laundering and violent crimes associated with such offences. Dr. Phillips, in his then capacity of Minister of National Security did not seek the endorsement, or approval, of the then Prime Minister and/or the Cabinet to commit the Government to the agreement. Mr. Mairs’ motion was scheduled for debate in the House on Tuesday. Gov’t member withdraws censure motion ParliamentJune 22, 2011 RelatedGov’t member withdraws censure motion RelatedGov’t member withdraws censure motion By LATONYA LINTON, JIS Reporter Advertisements RelatedGov’t member withdraws censure motionlast_img read more