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a month agoSheffield Utd boss Wilder: I watched Liverpool from the Kop as a boy

first_imgSheffield Utd boss Wilder: I watched Liverpool from the Kop as a boyby Paul Vegasa month agoSend to a friendShare the loveSheffield United boss Chris Wilder admits he stood on the Kop at Anfield as a young boy.Wilder’s dad is from Norris Green on Merseyside and his uncle took him on the Kop a couple of times in the 1970s as a kid during trips to see his relatives.Wilder saw Liverpool greats Kevin Keegan and Emlyn Hughes in their pomp and remembers being carried down the Kop in an avalanche of people when the Reds scored.“I was on the Kop with my uncle Colin, he’ll like this plug!” said the Sheffield United boss ahead of hosting the Reds today. “He took me a couple of times.“I would have been eight or nine when we used to go for Christmas holidays and we’d have the odd trip to Anfield.“As people at the time will know and relate to you, you started halfway up the Kop, then when Liverpool scored you ended anywhere, possibly down the bottom, and my uncle would take the next 20 minutes to try and find me.“It was great to experience in my formative, young years. I am, and always will be, a Sheffield United supporter, but that part of me has always been there from my dad’s side and my uncle and my auntie.” About the authorPaul VegasShare the loveHave your saylast_img read more

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IMSK SEs Restructuring Efforts Go Bust

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license  Norwaegian gas carrier company IMSK SE, formerly known as I.M. Skaugen SE, is likely to be liquidated having failed to secure support for its restructuring plan.The liquidation scenario emerges as talks with the company’s key creditors led by Nordea fell through.In a letter to shareholders, the company’s CEO Morits Skaugen apologized, announcing “with the greatest frustration” the company was not successful in its refinancing mission.“We have worked very hard and we have tried to make it happen, but we were not successful. The responsibility is mine alone, and me and my family are losing most of us all,” the letter reads.As such, the expected course of action was the liquidation of the business.Bante Karin Flo, Chief Financial Officer of IMSK SE, said in a statement to the Singapore court that the company would no longer pursue its refinancing or restructuring plan presented in April this year.Under the plan, the shipping company was trying to renegotiate loan terms with the syndicate lenders represented by Nordea, as the agent, and Swedbank. The two lenders hold facilities secured by mortgages over Somargas vessels, which were key to IMSK’s restructuring plan.The company was trying to get an extension on its loan tenor, however, in August this year, Nordea asked for full payment of USD 35 million loan plus interest.Shortly after, Nordea ordered the Somargas vessels to be sailed to Gibraltar and Singapore, making them unable to trade, Flo said, adding that the vessels were the only revenue generating assets of the IMS Group.The ongoing situation has also jeopardized the company’s small-scale LNG project (SSLNG) in the West Africa, which was described as the first step in the company’s business transformation.As disclosed, the company was planning to deploy the Somargas ships in West Africa SSLNG project, wehere thy would earn an estimated USD 39 million a year; USD 273 million over 7 years, that would have been used to pay debts to creditors.“Given the present deadlock with the Nordea Syndicate, it is difficult to see how the IMSK Group would be able to progress with any of the SSLNG Projects,” the statement reads.World Maritime News Stafflast_img read more

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Sean Penn Awarded Red Cross International Humanitarian Service Award

first_imgThe American Red Cross presented Sean Penn its International Humanitarian Service Award at a ceremony on October 24, 2012.The award recognizes an individual or group whose work exemplifies or inspires the humanitarian values of human dignity, respect, compassion and the protection and assistance implied in the Fundamental Principles of the global Red Cross and Red Crescent network.Penn was chosen because of his tireless work in Haiti since the catastrophic earthquake on January 12, 2010. Shortly after learning of the quake, Penn established the J/P Haitian Relief Organization (J/P HRO), with the goal to help lift the nation of Haiti out of the rubble and give the Haitian people a better future. Earlier this year, Penn was named Ambassador at Large for Haiti by President Michel Martelly. Penn is the first non-Haitian to take on this role.J/P HRO has become a leader in Haiti across multiple sectors seeking to improve living conditions in camps and surrounding neighborhoods by clearing rubble, and providing medical services, education and enrichment programs, housing construction and neighborhood redevelopment. J/P HRO is dedicated to saving lives and bringing sustainable programs to the Haitian people quickly and effectively.“Many people – both famous and not famous – generously gave their time and support for the people of Haiti in the days following the earthquake. What sets Ambassador Penn apart is his sustained dedication over the past two and a half years to improving the conditions for Haitians affected by the devastating earthquake,” said David Meltzer, Senior Vice President, International Services, American Red Cross. “He continues to raise funds and attention for Haiti, has spent months in camps and communities working directly with beneficiaries, and consistently advocates on behalf of Haitians with the highest levels of government, civil society and media to improve people’s lives.”Penn and the American Red Cross worked together in the early days following the outbreak of cholera to offload and deliver medical supplies and equipment. He personally intervened with the Government of Haiti on behalf of the American Red Cross, and he has publicly spoken in support of American Red Cross relief and recovery efforts in Haiti.Penn, a two time Academy Award winning actor, a film writer, producer and director, is committed to the multiple social causes and has received numerous honors and awards for his efforts. He most recently was presented with the 2012 Peace Summit Award at the 12th World Summit of Nobel Peace Laureates.The Red Cross also presented two other awards that evening. The Harriman Award for Distinguished Volunteer Service was presented to Deborah MacSwain and Elaine M. Lyerly, for their dedication and commitment to the mission of American Red Cross. The Susan Hassmiller Nursing Award was presented to the American Red Cross, Southern Minnesota Region for their nurse leadership pilot program.Source:Red Crosslast_img read more

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Minister says progress being made in settling agricultural claims with Treaty 8

first_imgOTTAWA, O.N. – Crown-Indigenous Relations and Northern Affairs Minister Carolyn Bennett says that progress is being made in negotiations with Treaty 8 First Nations around settling agricultural benefits claims.In a statement released Tuesday, Minister Bennett said that she participated with Treaty #8 First Nation Chiefs and community members in a ceremony recently to celebrate the recent progress the two parties have made in finding a solution to resolve longstanding claims. The Minister said that in the past year, the federal government and eighteen First Nations in Treaty #8 have successfully concluded negotiated settlements to resolve their agricultural benefits claims.“This is a decisive step forward to renew our relationship with and advance reconciliation with the following First Nations: Athabasca Chipewyan; Black Lake; Blueberry River; Doig River; Duncan’s; Fond du Lac; Fort McMurray; Fort Nelson; Halfway River; K’atlodeeche; Mikisew Cree; Prophet River; Saulteau; Sturgeon Lake Cree; Swan River; Tallcree; West Moberly; and Whitefish Lake,” said Bennett. “Settling claims is the right thing to do. Negotiated settlements help right past wrongs, honour treaty obligations and advance reconciliation with First Nations for the benefit of all Canadians. Settling claims is one of many steps on the journey of reconciliation with First Nations and helps create a better future for everyone.”last_img read more

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Hydro power storage project to be built near retired Alberta open pit

first_img“We’re repurposing the site for what we believe is a modern grid type of product,” he said, pointing out the project will be able to utilize mine roads and a high-voltage power connection to reduce new environmental disturbances.In November 2013, one of the then-suspended mine’s tailings dams failed, releasing an estimated 670 million litres of slurry into two creeks that fed into the Athabasca River, thus sending fine rock, clay and unrecovered coal particles as far as Lake Athabasca, 500 kilometres away.The mine owner was handed nearly $4.5 million in federal and provincial penalties in 2017.The Canyon Creek facility will consist of two new 40-hectare water storage ponds, connected by a five-kilometre, two-to-three-metre-wide pipeline, Horton said.At night, when power demand is low, water will be pumped from the lower to the upper pond, gaining 500 metres of elevation. When demand is high, the water will flow the other way, turning a turbine generator producing 75 megawatts, enough to power about 50,000 homes, for up to 37 hours at a time.“Typically, the price of power goes down during the night because we’re all sleeping, industry isn’t using it and, in Alberta, in fact, the wind blows stronger at night,” said Horton. Horton said he is also looking for customers to sign long-term contracts but hopes to start construction on the much smaller Canyon Creek project by next spring and have it operational by the end of 2020. He said the capital cost will be in the millions but has yet to be finalized.In its decision, the regulator found that the project “is in the public interest” in terms of social, economic and environmental effects.In February, Alberta’s NDP government unveiled its second request for proposals to build renewable power projects, targeting a total of 700 MW of new capacity, with 300 MW reserved for proposals with Indigenous equity ownership.In the first round last year, three companies were chosen to spend about $1 billion to build four wind power projects capable of generating 600 MW of new generation under 20-year contracts with a set minimum price.The province wants to add up to 5,000 MW of renewable energy through private sector investment of about $10 billion by 2030. “We can be a sponge and soak up that power that’s being produced at night … run our pumps, move that water uphill 500 metres in elevation and then have a fully charged battery, in a sense, ready for 8 a.m. when Alberta wakes up and starts flicking on lights.”The only other pumped hydro system in Canada has been in use at Niagara Falls in Ontario since the 1950s, he said.Calgary-based TransAlta Corp. has proposed adding a pumped hydro component to more than double capacity at its existing 355-MW Brazeau facility on the North Saskatchewan River southwest of Edmonton.It has set 2021 target to start construction, subject to winning a long-term contract.center_img CALGARY, A.B. – A hhydropowerstorage project proposed at the site of one of the worst coal mining environmental disasters in Canada has been given regulatory approval.Turning Point Generation, developer of the Canyon Creek Pumped Hydro Energy Storage Project, says the recent ruling by the Alberta Utilities Commission means it can now seek financial support for what it says would be the first large-scale energy storage project in the province.Canyon Creek is to be located next to the decommissioned Obed Mountain open pit thermal coal mine about 60 kilometres east of Jasper National Park, said Kipp Horton, CEO of Calgary-based WindRiver Power Corp., the parent company of Turning Point.last_img read more

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Passenger vehicle retail sales slide 2 in April

first_imgNew Delhi: Automobile dealers’ body FADA Wednesday said retail sales of passenger vehicles (PV) in March declined by 2 per cent to 2,42,457 units as compared to the same period last year. PV sales stood at 2,47,278 units in April 2018, according to Federation of Automobile Dealers Associations (FADA).Two-wheeler sales declined by 9 per cent to 12,85,470 units last month compared with 14,09,662 units in the year-ago period. Commercial vehicle sales declined by 16 per cent to 63,360 units against 75,622 units in April last year. Also Read – Commercial vehicle sales to remain subdued in current fiscal: IcraThree-wheeler sales saw a dip of 13 per cent to 47,183 units last month. Total sales, across categories, declined by 8 per cent to 16,38,470 units in April, against 17,86,994 units in the same month last year. “On a year-on-year basis, there was de-growth in all the categories as April 2018 had a very high base,” FADA President Ashish Harsharaj Kale said in a statement. The near-term outlook continues to be negative to neutral with the absence of any immediate positive triggers which could affect retail sales, he added. Also Read – Ashok Leyland stock tanks over 5 pc as co plans to suspend production for up to 15 daysKale said that despite negative situation, which is expected to continue over the next 8-12 weeks, the industry still believes that things could become better if there is a stable government in place. Besides, an average to above average monsoon with an even spread and continued easing of liquidity by Reserve Bank of India can also help the sector, he added. Kale said that inventory levels continue to remain high and requires further correction than done in recent months. “We believe that high inventory at this time is an extra burden on the auto dealers especially when the current environment is witnessing negative sales growth combined with extremely tight working capital availability,” he added. FADA will be strongly advocating for a leaner inventory of 21 days for its members thus helping them reduce a huge cost burden to stay afloat in these challenging times, Kale said. He added that consumer liquidity in April has seen marginal improvement but continues to be tight and still far away from the normal levels. “FADA is extremely concerned at the dealer liquidity which continues to remain very very tight and access to working capital for dealers has reduced further with the banking system taking a negative view towards auto retail in the current circumstances,” Kale said. There have been an unusually high number of dealership closures in recent times, especially in metro and tier 1 cities.last_img read more

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