COSCO Shipping Holdings’ Shareholders Okay OOIL Takeover

first_imgThe shareholders of COSCO Shipping Holdings Co. passed special resolutions at the extraordinary general meeting held on October 16, approving the takeover bid of Orient Overseas (International) Limited.The takeover offer was made in July this year when COSCO Shipping Holdings and Shanghai International Port Group (SIPG) placed a pre-conditional voluntary general offer to acquire all issued OOIL’s shares at an offer price of HKD 78.67 (USD 10.07) in cash, totaling in USD 6.3 billion.On completion of the transaction, COSCO would hold 90.1%, while SIPG would hold 9.9% of OOIL.Now that the COSCO Shipping Holdings’ shareholders gave the green light to the approval, the bid is dependent on the necessary regulatory approvals.The latest approval comes on the back of the clearance received from State‑owned Assets Supervision and Administration Commission (SASAC) in September.The combined entity, if the merger is completed, would become the world’s third largest container carrier, according to shipping consultancy Drewry.Specifically, the duo would have a combined fleet of 400 vessels operated over a much-expanded network, with the capacity exceeding 2.9 million TEUs including orderbook, pushing CMA CGM from its spot.As informed earlier, COSCO Shipping and OOIL, parent of OOCL, would continue to operate under their respective brands, and would continue to work together as members of the Ocean Alliance.World Maritime News Stafflast_img read more

Port of Mossel Bay Dredging Wraps Up

first_imgTransnet National Ports Authority’s Dredging Services has concluded its Port of Mossel Bay 2019/20 dredging campaign, ensuring that sand trap and high spots within the port were successfully removed.The 2019/20 campaign made use of two dredgers – trail dredger, Isandlwana, which focused its effort on the entrance channel and the sand trap while the Italeni grab dredger, focused on clearing the port’s confined spaces along quays 4 and 5 and the Vintcent Jetty for the first time in 20 years.Despite minor weather delays and a technical breakdown experienced by the Isandlwana, Port Manager, Shadrack Tshikalange said that the campaign went smoothly and ensured that the area was dredged to the promulgated depth for safe navigation of all vessels, especially platform supply vessels involved in TOTAL’s Brulpadda gas exploration project.The next dredging campaign will take place in the second half of 2020.Image source: TNPAlast_img read more

Panic as Obama’s Marine One lands at a Kenyan University

first_imghttps://twitter.com/TRENDINGKENYA/status/623439834191933440 Kenyans have taken to twitter under the hashtag #obamainkenya after  three Bell Boeing V-22 Ospreys and the Marine one chopper from the US presidency landed at Kenyatta University.Panic hit the university as US President Barack Obama’s Marine One helicopter landed at the Amphitheatre for a drill on Tuesday. The helicopter, and four US marine choppers which escorted it, arrived in preparation for Obama’s landing to give a public lecture on Sunday.  Witnesses said the planes had a security drill for 10 minutes before leaving.Here are some of the tweets sharedlast_img read more

Perfect reflects on the opening of the 2018 General Assembly

first_imgIndianapolis, In. — The Indiana General Assembly reconvened for the 2018 legislative session Wednesday, Jan. 3.My colleagues and I met at 1:30 p.m. in the Senate Chamber, where we began discussing issues affecting our communities and state.This year, we will address workforce development, the opioid epidemic and Indiana’s alcohol laws, among many other topics.I am ready to get to work on these and other issues in the coming weeks.To stay up to date on what is happening in the Statehouse, you can stream session meetings and committee hearings online by clicking here.If you have any questions about the legislative session or issues facing Indiana, contact me by email at Senator.Perfect@iga.in.gov or by phone at 317-232-9400.There is a contact list for all elected officials at our webpage.last_img read more

Marian Muckerheide

first_imgMarian Muckerheide, age 83 of Burnsville, Minnesota and formerly of Batesville, passed away Tuesday, May 8, 2018 in Burnsville.  Born in Batesville December 21, 1934, she is the daughter of Elenora (Nee: Jansing) and Leo Muckerheide and graduated from Oldenburg Academy.  She moved to Cincinnati where she worked for TWA Airlines and Upjohn Pharmaceuticals before retiring.  After retirement, she moved to the Minneapolis/St. Paul area.  She loved decorating, shopping, music concerts and family.She is survived by nephews Lynn (Emily Beth), Dan (Paula) and Mike (Pam) Muckerheide; great nephews Mark (Erin) and Max; great niece Jennifer and great great nieces Adelyn, Elise and Lydia.  In addition to her parents, she is also preceded in death by her siblings Alvin, Helen Rose and Leo.Visitation is Thursday, May 24th, from 5-7 p.m. at the Weigel Funeral Home.  Mass of Christian Burial is 10 a.m. Friday, May 25th at St. Louis Church with Rev. Carl Langenderfer officiating followed by burial in the church cemetery.  The family would like give special thanks to Interim Hospice, The Rivers senior living community and Twin Cities Physicians.last_img read more

Robert J. “Bobby” Herbert, 82

first_imgRobert J. “Bobby” Herbert, 82 of Greensburg, passed away Monday, September 23, 2019 at Arbor Grove Village in Greensburg.He was born on October 11, 1936 in Greensburg, the son of Henry G. and Elizabeth M. (Young) Herbert.Bobby grew up and lived on a farm.  He worked for several businesses in Greensburg, including Union Bank and Trust and Shell Gas Station.  Bobby also mowed grass for many people in town.He was a member of St. Mary’s Catholic Church.Bobby is survived by two brothers; Dennis (Irene) Herbert, Westport, Lotus (Donna) Herbert, Greensburg, several nieces, nephews, great nieces, and great nephews.He was preceded in death by his parents, three brothers; Harry, Clarence, and Paul Herbert, and two sisters; Dorothy Herbert and Edna Minary-Grissom.A Rosary will begin at 9 am on Thursday, September 26 at St. Mary’s Catholic Church followed by visitation until 11 am.A Funeral Mass will start at 11 am on Thursday at the church with Rev. John Meyer officiating.Burial will follow at St. Mary’s Catholic Cemetery.Memorials can be made to Our Hospice.Online condolences can be made to the family at www.popfuneralhome.com.last_img read more

Berbatov downs slumping Spurs

first_imgDimitar Berbatov came back to haunt his former club as Tottenham’s chances of Champions League qualification took a huge blow with a shock 1-0 defeat against Fulham. Press Association Andre Villas-Boas’ side have now lost three successive games for the first time under his stewardship and they sit four points above Arsenal having played one more game. Gylfi Sigurdsson found Gareth Bale from a corner, but luckily for Fulham Sascha Riether cleared the forward’s goal-bound header off the line and the only other event of note in the first period was that Bale needed treatment on an ankle injury after being clipped by Giorgos Karagounis. Tottenham had much more energy about them in the second half and Bale drew Mark Schwarzer in to his first save of the game. Fulham then stunned the home crowd by taking the lead through Berbatov. The Bulgarian lost his marker to meet Ashkan Dejagah’s cross and bundle the ball past Lloris. Brede Hangeland almost doubled Fulham’s lead moments later when he met Karagounis’ corner at the back post, but his effort flew just wide. Jermain Defoe almost levelled after his introduction as a substitute, firing a low shot which Schwarzer saved well after some good work by Steven Caulker down the right. Schwarzer pulled off a brilliant save to deny Defoe in the final minute and Fulham held on in the four minutes of added time as Spurs left the field to a loud chorus of boos from their support. center_img Having scored three goals in his last four matches, Berbatov was always going to be Fulham’s main goal threat, but even he could not have imagined how easy it would be to score his first goal at White Hart Lane since leaving Spurs in 2008. The Bulgarian, who scored 46 goals in two seasons at Tottenham, easily spun off his marker and his mis-timed shot flew past Hugo Lloris to give the Cottagers their first win at White Hart Lane in 10 years. last_img read more

Northwestern looks to end streak vs Minnesota

first_img February 21, 2020 Northwestern looks to end streak vs Minnesota Share This StoryFacebookTwitteremailPrintLinkedinRedditMinnesota (12-13, 6-9) vs. Northwestern (6-19, 1-14)Welsh-Ryan Arena, Evanston, Illinois; Sunday, 3 p.m. ESTBOTTOM LINE: Minnesota looks to extend Northwestern’s conference losing streak to 11 games. Northwestern’s last Big Ten win came against the Nebraska Cornhuskers 62-57 on Jan. 11. Minnesota came up short in a 68-56 game at home to Indiana on Wednesday. SQUAD LEADERS: The versatile Daniel Oturu is averaging 19.6 points, 11.4 rebounds and 2.7 blocks to lead the charge for the Golden Gophers. Marcus Carr is also a key facilitator, accounting for 15.3 points, 5.8 rebounds and 6.7 assists per game. The Wildcats have been led by Miller Kopp, who is averaging 13.2 points.FACILITATING THE OFFENSE: Carr has either made or assisted on 44 percent of all Minnesota field goals over the last five games. The junior guard has accounted for 21 field goals and 30 assists in those games.WINLESS WHEN: The Golden Gophers are 0-6 when they allow at least 72 points and 12-7 when they hold opponents to anything below 72. The Wildcats are 0-17 when allowing 66 or more points and 6-2 on the season, otherwise.STREAK STATS: Northwestern has lost its last five home games, scoring an average of 59.8 points while giving up 72.6.DID YOU KNOW: The Northwestern offense has recorded a turnover on only 16 percent of its possessions, which is the 19th-best rate in the country. The Minnesota defense has forced opposing teams to turn the ball over on just 17 percent of all possessions (ranked 316th among Division I teams).center_img ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.com Associated Press last_img read more

Guyana to host Caribbean Junior Cycling Championships in August

first_imgTHE Guyana Cycling Federation (GCF) will partner with the National Sports Commission and the Town of Bartica, through its Mayor and City Council, to host the 2019 Caribbean Junior Cycling Championships in August this year.GCF president Horace Burrowes made the disclosure at a press conference held in the Boardroom of the NSC on Homestretch Avenue yesterday, despite an ongoing issue on the local scene that noted the current GFC executives’ term had expired since March 31,In attendance was the Mayor of Bartica, Gifford Marshall; Director of Sport Christopher Jones and Tourism and Hospitality Association of Guyana (THAG) president, Mitra Ramkumar.Burrowes explained that Guyana had bid to host the 2020 Championships but since the 2019 host country pulled out of organising the event, it was passed onto the GCF. Burrowes noted that after consultation with Director of Sport Christopher Jones and Mayor Gifford Marshall, it was decided that Guyana would play host nation this year with the meet coming off in Bartica.Just about 26 countries are eligible for participation but Burrowes could not say at this point how many would be participating at the meet come August.Meanwhile, Marshall expressed excitement at the prospect of Bartica hosting the championships noting that it would positively impact the tourism industry of not only Bartica but Guyana as a nation.Pointing to the successful hosting of Bartica’s first ever cycling meet just over a month ago, Marshall reiterated that the town would play the ‘gracious host’. He also spoke on behalf of the people and City Council of Bartica, saying that they are ‘grateful for the opportunity’ to host the landmark event.Meanwhile, Director Jones emphasised the need for the support of corporate Guyana, given the magnitude of the event. He applauded the partnership of the GCF and Bartica’s M&CC in helping to mesh tourism and sport in that region.The participating countries are scheduled to arrive in Guyana from August 8 before competing on August 10-11. They will depart on August 12.The Championships is just over two months away and still there has been no General Elections held by the GCF.. When questioned, Burrowes shied away from providing a direct answer stating that the elections is on the horizon. Further quizzed on whether or not the federation’s elections would be held before or after the Championships, Burrowes again declined to answer.According to the GCF constitution, elections are mandatory after every three years, the current executives’ three-year term was supposed to have ended in March of 2018. However at a meeting back then, it was agreed that the term would be extended to four years, something that was not officially amended in the constitution.Here we are, almost two months over that four-year expiration date with no clear answer as to when elections will be held so that the local cycling fraternity can see some semblance of stability.last_img read more

Girls tennis Lakers go 3-1 in four-match road stretch

first_imgBut Douglas blanked Amanda Halsey 6-0, 6-0 as the other singles match was forfeited, with new doubles teams of Galle-Schwartz, Dauenhauer-Royer, Sayre-Pavelchak and Kiana Vazquez-Grace Degeih each winning in two sets.On Friday, Cazenovia went to Homer and topped the Trojans 4-3 entirely due to its doubles teams after Douglas, Pierce and Knutsen each took straight-set singles defeats.Galle and Royer handled Sienna Haskins and Allison Thompson 6-0, 6-3 as Berger and Schwartz beat Brynne Peck and Charlotte Wallis by those same scores. Sayre and Thornton needed a pair of tie-breakers to get past Natalie Brown and Abby McLaughlin 7-6, 7-6 as Dauenhauer and Pavelchak sewed it up by beating Emily Barber and Madelyn Cotterill 6-1, 6-2.Chittenango had back-to-back matches of its own, starting last Tuesday against Jordan-Elbridge, where the Bears dominated and did not a single set while defeating the Eagles 7-0.Anna Rooney had the closest match, in first singles, working past Anisa Bort 7-5, 6-1, while Brooke DiFlorio handled Meghan Whalen 6-2, 6-2 and Delaney Dawkins got a 6-0, 6-0 shutout over Wendy Carter.Brianna Crystal and Keelin Davie won 6-3, 6-1 over Skylar Crysler and Hayley Holland, and that was the least lopsided doubles match. The teams of Riley Ellis-Sarah Lanphear, Abbie Austin-Allison Soulier and Leah Demauro-Jessica Hallock lost just seven games in six combined sets.Then, with its own battle against Phoenix on Wednesday, the Bears won again, 5-2, with Rooney dropping her singles match to Brielle DeRoberts 6-1, 6-2 as DiFlorio handled Mia Graham 6-3, 6-4 and Dawkins won 6-3, 6-4 over Katelyn Carbonaro.Though it had to forfeit a doubles match, Chittenango swept the other three, with Demauro and Hallock blanking Kaelyn Cartwright and Sheridan Southworth 6-0, 6-0. Ellis and Lanphear won 6-1, 6-1 over Mackenzie VanAuken and Courtney Worden as Austin and Soulier beat Ella Heckert and Aleesia Lion 6-1, 6-3,Chittenango would challenge OHSL Liberty division pace-setting Marcellus on Tuesday before facing Homer on Thursday afternoon. Cazenovia’s lone match this week is against Jordan-Elbridge on Tuesday.Share this:FacebookTwitterLinkedInRedditComment on this Story A 3-1 mark while playing four matches on four consecutive days from Sept. 9 to 12 had demonstrated that the Cazenovia girls tennis team possessed plenty of talent and toughness.Now, after some chance to rest, the Lakers were back in action last Monday afternoon, starting another crowded stretch where it would play four times in five days, all on the road.It began with Cazenovia going to Mexico and handling the Tigers 6-1 last Monday, with Baylee Pierce pulling out a 6-3, 4-6, 6-4 singles win over Juliana Smith as Clare Douglas beat Juliana Hernandez 6-2, 10-8. Tags: CazenoviaChittenangoTenniscenter_img Though Julia Knutsen lost, 6-2, 6-4, to Paige Masrouri, the Lakers’ doubles teams of Alex Galle-Nina Royer, Nova Berger-Emma Schwartz and Regan Dauenhauer-Katie Pavelchak each won in two sets. Mae Syre and Emma Thornton overcame a rough second set to beat Amita Druce and Shelby Schumacher 6-3, 0-6, 6-2.A non-league match with Cicero-North Syracuse on Wednesday, and the Lakers lost, 5-2, to the Northstars, who swept in singles, though Galle and Royer beat Olivia Cerio and Karly Williams 6-0, 6-0. Clare Douglas and Sarah Schwartz beat Eve Campitello and Angel Languaphay 6-2, 6-4.Back on the court again 24 hours later, Cazenovia was at Pulaski, where it handled the Blue Devils 6-1, the lone blemish coming when Berger won the first set 6-0 against Holly Pacyon, but lost the next two sets 6-2 and 6-4.last_img read more