CMPort Completes Acquisition of Brazil’s Container Terminal

first_imgHong Kong’s China Merchants Port Holdings Company (CMPort) has completed the acquisition of Paranaguá Container Terminal (TCP), the second-largest container terminal in Brazil.Under the terms of the share and purchase agreement inked in September 2017, CMPort has bought a 90% stake in TCP for HKD 7.23 billion (around USD 924 million).The acquisition is said to be the biggest merger and acquisition so far in Brazilian and Latin American port sector.The investment, part of the efforts to implement the “Belt and Road” initiative in the region, is CMPort’s first in Latin America. In addition, the investment represents the first M&A in mature port assets overseas with controlling stake, according to the company.Representatives of CMPort and TCP signed the letter of intent to close the transaction on February 22.“Today’s ceremony definitely represents the perfect opening of Sino-Brazil economic and trade cooperation in 2018… We believe under the support and coordination between China and Brazil, TCP will have a brighter future,” Li Jinzhang, Chinese Ambassador to Brazil, commented on the occasion.“With TCP as the starting point, CMG will continuously promote the commercial and trade cooperation between the BRICS countries, especially in the fields such as Brazil’s integrated logistics, transportation related infrastructure and logistic parks, in order to look for more opportunities on investment, development and operation,” Hu Jianhua, Vice Chairman of CMPort and the Executive Vice President of China Merchants Group Limited, said.Located on the southeast coast of Paraná State of Brazil, TCP has an existing design capacity of 1.5 million TEUs. The terminal, with three container berths, is expected to increase its capacity to 2.4 million TEUs by the end of 2019.last_img read more

ExxonMobil in New Discovery on Stabroek Block in Guyana

first_imgExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.The new recoverable resource estimate includes 15 discoveries offshore Guyana through year-end 2019. The Uaru discovery is the first of 2020 and will be added to the resource estimate at a later date.“With recent high-quality finds at Tripletail and Mako contributing to our recoverable resources, our investments will continue to provide benefits for the people of Guyana,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “The Uaru discovery is another positive step as we begin a new decade with the Co-operative Republic of Guyana and our co-venturers.”Uaru encountered approximately 29 meters of high-quality oil-bearing sandstone reservoir. The well, drilled in 1,933 meters of water, is located approximately 16 kilometers northeast of the Liza field, which began producing oil in December 2019.Production from the Liza Phase 1 development is currently ramping up and will produce up to 120,000 barrels of oil per day in the coming months, utilizing the Liza Destiny floating production storage and offloading vessel (FPSO).The Liza Unity FPSO, which will be employed for the second phase of Liza development and will have a production capacity of 220,000 barrels of oil per day, is under construction and expected to start production by mid-2022.Pending government approvals and project sanctioning of a third development, production from the Payara field north of the Liza discoveries could start as early as 2023, reaching an estimated 220,000 barrels of oil per day.Four drillships in Guyana continue to explore and appraise new resources as well as develop the resources within approved projects. A fifth drillship is expected to be deployed later this year.The Stabroek Block is 26,800 square kilometers. ExxonMobil affiliate Esso Exploration and Production Guyana is the operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration, holds 30 percent interest and CNOOC Petroleum Guyana, a wholly-owned subsidiary of CNOOC, holds 25 percent interest.last_img read more

I’m devastated, Sturridge responds to fresh betting ban

first_img “The betting companies and the process of people being able to place bets on people moving clubs has to be stopped. “Although the appeal panel had recognised that I hadn’t bet, nobody else had bet, I was still charged. “It was very disappointing and upsetting for me to hear the news that the appeal panel had overturned the original, highly-qualified, panel’s ruling. “Devastating for me, I’m absolutely gutted about it. My season’s over. “I feel uncomfortable, and I just don’t think it’s the right thing for me to continue accepting wages from a team that I can’t contribute to due to being banned. Read Also:Sturridge handed worldwide ban “I have come to a mutual agreement with Trabzonspor to mutually terminate my contract. “I would just like to thank the Trabzonspor family, the players, the fans, coaching staff, medical team, president, vice-president. FacebookTwitterWhatsAppEmail分享 The former Liverpool forward has left Turkish side Trabzonspor by mutual consent after the FA increased a previous ban for breaching betting offences. Sturridge has been ruled out of action until June 17 and fined £150,000 after the FA appealed against that previous ban that they saw as too lenient. It was alleged that Sturridge instructed his brother to bet on him joining Sevilla on loan from Liverpool in January 2018, although the forward – who ended up joining West Brom on loan that month – denies this. Sturridge released a video on his YouTube channel following the decision, the full transcript of which can be read below. “I just want to say it’s been a very long drawn out process over the last couple of years, and difficult to concentrate on my football. It’s also been a crazy few days, to be fair. “I just want to say that I’m going to continue to campaign for professional footballers to be able to speak to their families and close friends freely, without the real risk of being charged. Former Liverpool forward, Daniel Sturridge, has said he was devastated after being slapped with a fresh FA betting ban. Loading… Promoted Content9 Facts You Should Know Before Getting A Tattoo7 Universities In The World Where Education Costs Too MuchWho’s The Best Car Manufacturer Of All Time?The 10 Best Secondary Education Systems In The WorldTop 10 Female Disney Villains You’ll Definitely Fall In Love WithCan You Imagine Quitting A Role Because Of Dislike For W. Smith?6 Interesting Ways To Make Money With A Drone7 Black Hole Facts That Will Change Your View Of The UniverseDid You Know There’s A Black Hole In The Milky Way?10 Risky Jobs Some Women DoWhat Happens To Your Brain When You Play Too Much Video Games?8 Best Movies On Amazon Prime Video To Stream Right Nowlast_img read more

Brookville Police hiring patrolman

first_imgBrookville, In. — The Town of Brookville is accepting applications for the position of a full-time Brookville Police Department Patrolman.Applicants must be a high school graduate, be at least 21 years of age, and successfully graduate from the Indiana Law Enforcement Academy within a year of hire date.Applications can be obtained from the Brookville Police Department, located at 634 Main Street, Brookville, Indiana.  Applications may be picked up from 8:30 a.m. to 4 p.m., closed from noon to 1 p.m. for lunch, Monday-Friday.All applications must be submitted by Saturday, May 11th, 2019 at noon.last_img

Coronavirus Spreads at BSO; Sheriff Faces Union No-Confidence Vote

first_imgHe was one of two deputies across South Florida who died of COVID-19 within two days, raising concerns about whether first responders being adequately protected.Sheriff Tony told the South Florida Sun Sentinel on Wednesday that his employees are equipped with proper protective gear, and have also been receiving it since Feb. 1, weeks before the coronavirus began spreading rapidly.Tony was responding to criticism from union leader Jeff Bell, who recently claimed the sheriff has failed to provide sufficient safety equipment for his deputies.That led Tony to suspend Bell last Friday, saying he made false statements, has engaged in corrupt practices, has exhibited conduct that is unbecoming, and has also not used proper discretion.The deputies’ union announced Monday that it would hold a no-confidence vote on Tony beginning the next day. Voting ends Monday afternoon.“These men and woman who serve under me, if they haven’t seen that I have their best interests at heart as of now and if they haven’t seen that I will do everything possible to make this agency the best agency in the country — that I am committed to them. If they haven’t seen it as of yet, it’s going to be a rough road ahead,” Sheriff Tony told The Sun Sentinel.The former Coral Springs police officer became the county’s sheriff two years ago, after Gov. Ron DeSantis removed former Sheriff Scott Israel, also after a no-confidence vote. The union announced its vote against Sheriff Israel over his handling of the Parkland school shooting as well as the 2017 mass shooting at Fort Lauderdale-Hollywood International Airport.However, Sheriff Tony says a no-confidence vote will not distract him, adding, “I have to stay focused. I cannot get caught up in the results of a vote of no confidence. …I need to keep moving this agency forward.” The number of coronavirus cases inside the Broward County Sheriff’s Office has almost doubled in one week.According to Sheriff Gregory Tony, seventy-seven employees have tested positive for COVID-19 as of Wednesday. Two of those people have since recovered and will soon return to duty.One week ago, the agency had 42 confirmed cases among its 5,400 employees.Veda Coleman-Wright, a spokeswoman for the Sheriff’s Office, explains that the majority of the positive cases have come in the communications department, which includes emergency dispatchers.One employee, Deputy Shannon Bennett died from the virus on April 3..@bsosherifftony shared his sentiments about the life and service of Deputy Shannon Bennett who passed away last night due to COVID-19. Deputy Bennett was instrumental in leading the initiative to further establish unity between law enforcement and the LGBTQ community. (1/2)— Broward Sheriff (@browardsheriff) April 4, 2020last_img read more

No Injuries or Damage After Rare Earthquake Rattles North Florida

first_imgAlthough law enforcement officials reported receiving at least 30 calls from concerned citizens, there were no reports of injuries or significant damage.Before Thursday, the most recent earthquake to be felt in Florida was a 6.0 tremor that shook the surface in the Gulf of Mexico near Tampa and Fort Myers in 2006.It also resulted in no injuries or damage. Residents and visitors of our state are fairly used to feeling the occasional jolt from a sonic boom when a spacecraft breaks the sound barrier during launch or landing.However, nothing could prepare people in the Florida panhandle from what they experienced Thursday morning.According to the U.S. Geological Survey and the National Weather Service, a 4.0 magnitude earthquake rattled the area between Mount Carmel, Florida, and Brewton, Alabama at around 10:07 a.m.We have had a few reports of possible seismic activity from Santa Rosa county FL and Escambia county AL. The USGS now reports that a 4.0 earthquake did occur along the FL/AL line just to the NW of Mount Carmel Florida at 1007 AM. Did you feel it?— NWS Mobile (@NWSMobile) September 3, 2020last_img read more

Upset wins, 4th-quarter drives highlight McNabb’s SU career

first_img3.  Taming the Tigers After throwing for 8,581 passing yards and 78 touchdowns, as well as rushing for 1,633 yards and 19 touchdowns in four seasons, McNabb jumped to the top of the 1999 NFL Draft board. On April 17, 1999, McNabb was selected second overall by the Philadelphia Eagles, the highest drafted SU player since Ernie Davis was selected first overall in 1962. The only player drafted higher than McNabb was Kentucky quarterback Tim Couch. Facebook Twitter Google+ McNabb got the ball on the Orangemen’s 17-yard line. Down 26-22 to Virginia Tech with the Carrier Dome crowd pleading for something to pull the Orange out of the late-game hole, McNabb had four minutes and 42 seconds to march 83 yards for a game-winning score. McNabb and the rest of the SU offense did just that. A 14-play drive was capped with a 13-yard touchdown pass to tight end Steve Brominski as time expired. On third-and-goal, McNabb scrambled in the backfield and threw a lob pass to Brominski off his back foot, who rose above and snagged the ball out of the air. As a freshman, McNabb grabbed headlines on Oct. 21, 1995, when he threw the longest touchdown pass in Syracuse history. In a 22-0 win over West Virginia in the Carrier Dome, the freshman signal-caller found future All-Pro wide receiver Marvin Harrison for a 96-yard score. Two years later, he almost surpassed himself with a 94-yard pass to Quinton Spotwood in a win over East Carolina. On New Year’s Day 1996, McNabb helped the Orangemen make Gator Bowl history. After an 8-3 season, Syracuse was slated to play against then-No. 23 Clemson in the Gator Bowl in Jacksonville, Fla. Syracuse jumped out to an early 20-0 lead and ultimately won the game 41-0, the largest margin of victory in Gator Bowl history. McNabb earned MVP honors, throwing for 309 yards with three touchdowns while running for an additional score. McNabb’s day was highlighted by two long passing touchdowns to Harrison, one for 38 yards and the other for 56. 5. Coming off the bench 2.  The final draft center_img 1.  Fade for the win — Compiled by Jesse Dougherty, asst. copy editor, 4.  The longest yardAdvertisementThis is placeholder text McNabb will go down in Syracuse folklore as No. 5, but he donned a different number on the basketball court. As a walk-on with the basketball team in the 1995-96 and 1996-97 seasons, McNabb came off the bench wearing No. 24. His crowning moment came against the Hoyas in 1997, when he played a career-high 19 minutes and finished with 10 points while shooting 4-of-5 from the field and 2-of-2 from the line. The Orangemen were short-handed due to foul trouble, and Jim Boeheim turned to McNabb in the 77-74 Syracuse victory. Published on November 1, 2013 at 3:25 am Commentslast_img read more

USC hosts 42 ambassadors for State Dept.

first_imgDavid Lowenstein contributed to this report. Ambassadors to the United States representing more than 40 countries came to campus Friday to learn about innovation as part of a three-day tour of Los Angeles sponsored by the U.S. Department of State.The senior diplomats heard about such topics as branding, changes in social media and the availability of capital in Los Angeles over breakfast in the Ronald Tutor Campus Center ballroom. The stop at USC was one of three that day.Kamyl Bazbaz, a public affairs officer for the U.S. Department of State, said the program breeds collaboration.“The goal is really to get these incredible senior diplomats outside of Washington, have them experience the rest of our country, plant the seeds for new partnerships or relationships and have this be the beginning of something really great,” Bazbaz said.Foreign service · Ambassadors representing countries from five continents, the diplomat’s spouses, university officials and students listen to a panel over breakfast in the Ronald Tutor Campus Center ballroom on Friday. – Ani Kolangian | Daily TrojanSome ambassadors said the discussion brought them to think about how their country pursues innovative ideas.“The panel was important for us to think of ways to work with innovation and pass innovation to other countries. We need to create partnerships with universities so our country can look for the most advanced technology,” said Ambassador Peter Burian of the Slovak Republic. “We have something and USC has something to offer, so we need to work together to create a partnership.”Ambassador Roman Kirn of Slovenia said the panel discussion gave him a broader meaning of innovation.“I hadn’t heard such strong messages about social innovation and now it is something I have to think about more,” Kirn said. “We are always thinking about technical innovation, but it [is not everything].”Speakers also stressed the role of universities in the process of innovation. Karen Kerr, senior director of New Ventures and Alliances at the USC Stevens Institute for Innovation, said USC understands that universities are a catalyst for innovation.“USC has made a tremendous commitment to help advance technologies to the point where they really can be spun out of the university,” Kerr said. “And, it really takes a village. It’s not just the university, but it also has to involve the government and private partnership to be able to stimulate these innovations.”Several ambassadors said it takes coordination to bring innovation from universities out to the wider population.“It is obvious that USC has a lot to offer the world,” said Ambassador Evan J. Paki of Papua New Guinea. “It is important that we are always finding innovative ways to solve problems and that we are not only cooperating with other governments but with institutions within countries.”When introducing the panel, USC President C. L. Max Nikias said universities should continually build on the past to innovate for the future through collaboration.“Research universities like USC understand the problems of today are so complex they cannot be resolved with single answers or solutions from the past,” Nikias said. “We need to harness the power of every culture, every generation and every great mind.”Several of the ambassadors said they were impressed by the university, including Ambassador Pavlos Anastasiades of Cyprus.“I’ve never been here before, but I was impressed with what I saw,” Anastasiades said.Ambassador Temur Yakobashvili of Georgia said the visit made a strong impression.“I am disappointed I did not go to USC,” Yakobashvili said. “I wish I had gone here, and now I want my son to go here, because this university is the very best.”This was the first time a trip has focused on Los Angeles since the Experience America program began in 2007. This is the ninth tour overall and the fifth during the Obama administration.Anthony Bailey, associate provost for global initiatives, said the breakfast was a unique opportunity.“We don’t often engage with ambassadors from smaller countries and this was a great way to do so — especially with African countries,” Bailey said.The program exemplifies Secretary of State Hillary Clinton’s goal of using different ways to communicate diplomacy, Bazbaz said.“This is what Secretary Clinton talks about with smart power — you need to use all your tools for diplomacy, not just traditional tools,” Bazbaz said. “Trips like this — public diplomacy programs — really make a difference. USC did a great job representing the United States.”last_img read more

Republic squad head to Vienna for Austria clash

first_imgTipperary’s Shane Long is unavailable for the Group D clash but Bournemouth midfielder Harry Arter is fit and could be in line for his first competitive start for Martin O’Neill’s team.Former Republic defender Richard Dunne would like to see him get some game time.last_img

Harrington in search of Open victory this weekend

first_imgPhoto © – Tipp FM Padraig Harrington believes he’s in contention to win a third Open title this weekend – nine years after his most recent victory.The Dubliner lifted the Claret Jug the last time the Championship was held at Royal Birkdale.Harrington’s feeling good on his return to the Southport course.last_img