zoom Oslo-listed bulker owner Songa Bulk ASA has entered into an agreement to acquire a 2012-built Kamsarmax bulker built at Tsuneishi in Japan.Songa Bulk said it would establish a wholly-owned subsidiary to take delivery of the 82,188 DWT vessel, set to take place in October 2017.The latest acquisition brings the company’s fleet to 15 vessels, which resulted in an investment worth USD 279.6 million.The vessels include two Capesizes, ten Kamsarmaxes, one Ultramax and two Supramaxes.The purchase comes on the heels of the buying spree from August when the Norwegian shipowner bought three second-hand Kamsarmaxes.Prompted by attractive second-hand prices, Songa Bulk announced last month it would be looking into more ship acquisitions.To this end, the company completed a tap issue of USD 45 million in its Senior Secured Callable Bond Issue, the net proceeds of which have been earmarked for the financing of bulker acquisitions. The total nominal amount outstanding in the bond following the tap issue will be USD 120 million.
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APTN National NewsIt has been 40 years, but the remains of more than a dozen Inuit have finally been returned to their resting place in northern Labrador.In the 1970s, researchers at Memorial University in St. John’s removed the remains for study.APTN National News reporter Ossie Michelin was there.
WASHINGTON – American factories grew more slowly in November but still appear healthy.The Institute for Supply Management said Friday that its manufacturing index slipped to 58.2 last month from 58.7 in October. Anything above 50 signals that U.S. factories are expanding. American manufacturing is on a 15-month winning streak.New orders and production grew faster in November. Hiring and new export orders grew but at a slower pace.The ISM, a trade association of purchasing managers, said 14 of 18 manufacturing industries expanded in November, led by paper and machinery makers.“This is a very solid report,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics. “The manufacturing upswing continues.”U.S. industry has benefited from an improving global economy and from a fall in the dollar, which makes U.S. products less expensive in foreign markets.The Commerce Department reported this week that the American economy expanded at a 3.3 per cent annual pace from July through September, the fastest in three years. The unemployment rate has fallen to a 17-year low 4.1 per cent.
FORT ST. JOHN, B.C. — The Fort St. John and District Chamber of Commerce is going to be hosting a rally in support of the region’s natural resources industry this week, with a post-rally social gathering taking place right after.The Chamber is hosting the rally on Friday, May 4th at the Pomeroy Hotel from 6:30 to 11:00 p.m. Officials with the Northeast B.C. Resource Municipalities Coalition and Resource Works executive director Stewart Muir have been confirmed as the rally’s keynote speakers.Chamber of Commerce executive director Lilia Hansen explained that the Chamber has had the rally planned for some time, with the purpose of showing support for the local resource industry. Hansen explained that the Chamber is turning rally into a full evening out, with a social gathering that includes a food and wine pairing that evening. Hansen explained that the Pomeroy’s head chef is working with the General Manager of Browns Socialhouse on the wine pairing.There will only be 100 tickets given out for the event, with the food and wine pairing happening after the rally beginning at 8:30 p.m. For tickets to the rally, visit Eventbrite: https://www.eventbrite.com/e/chambers-resource-rally-social-sponsored-by-north-peace-airport-services-tickets-44288767897?aff=ehomecard
Washington: US President Donald Trump on Monday said he will meet his Chinese counterpart Xi Jinping and Russian leader Vladimir Putin in June on the sidelines of the G-20 Summit in Japan. This would also be the first opportunity for a meeting between the Indian prime minister and Trump after the election results are declared in India on May 23. However, Trump, during his interaction with the media at his Oval Office, made no mention of any meeting other than that with Xi and Putin on the sidelines of the G-20 Summit. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: Report Like the Trump-Xi summit on the sidelines of the G-20 Summit in Argentina last November, all eyes will again be on the two leaders in Japan because of the ongoing trade tension. “We are going to be meeting, as you know, at the G20 in Japan. And that will be, I think, probably a very fruitful meeting,” Trump told reporters. “But we are taking in, right now, hundreds of billions of dollars. We are taking in billions of dollars of tariffs…. We have never taken in 10 cents until I got elected. Now we are taking in billions and billions…. In addition to that we have another USD 325 billion that we can do, if we decided to do it,” he said. “So we are taking it in tens of billions of dollars. We have never done that before with China. We have never done that before with anybody, frankly, because we have been taken advantage of all of our trade deals,” Trump said in response to a
Sister Nivedita University has joined hands with Motes & Bots, an AI-enabled IoT company from Singapore, with operations in India and Thailand. Going forward, SNU and Motes & Bots will collaborate to set up the Connected Intelligence Research Lab integrating AI, BI, IoT and other Data Science Programs in the curriculum and would offer internships to students in India and Thailand. Experts, lecturers, guides and mentors from Motes & Bots will be an integral part of SNU, training the students to evolve as ace entrepreneurs and use this exclusive platform to roll out new products. Also Read – The Puja carnivalDebasish Sen IAS, Addl. Chief Secretary, Department of IT and Electronics, Government of West Bengal inaugurated the EXPERIENCE ZONE of AI:THINGS at Sister Nivedita University. Swami Sarvottamananda, Pro Vice Chancellor, Ramakrishna Mission Vivekananda Education and Research Institute, Dr Suborno Bose, Chairman, IIHM, and Sweeya Santipitaks, Consul General, Consulate of Thailand – Kolkata were the Guests of Honour at the inaugural ceremony. Kallol Sen, Founder and CEO of Motes & Bots, explained about how AI-enabled IoT is catalysing a quantum jump in both the way we live our lives and the way businesses operate. Speaking on the launch of its flagship AI:THINGS Experience Zone, Sen, an IIT-Kharagpur/IIM-Calcutta alumnus, said that Motes & Bots focuses on designing and developing AI-enabled IoT products and services for the world market, under the brand name AI:THINGS. The Company is setting up its nationwide distribution network and chain of AI:THINGS Experience Zones to accelerate the mass adoption of AI-enhanced lifestyles. Also Read – Wave City brings special offers this NavratraSubhajit Roychowdhury (IIT Kharagpur/AIM Manila alumnus), a very successful Management professional in Thailand and Co-Founder of Motes & Bots, in his address said that Motes & Bots operates through three verticals: Smart Homes, Smart Institutions (Smart Hotels, Smart Offices, Smart Universities) and AI-driven Security and Surveillance (for governments and industry). He emphasised on the fact that the company is led by a team of some of the best brains in the world and uses cutting-edge technologies to create great economic values in today’s ever-connected world. Satyam Roychowdhury, Chancellor of Sister Nivedita University in his address emphasised that SNU is built on the path of Sister Nivedita and blessed under the shadow of Swami Vivekananda. The university offers educational programs in a wide array of streams like Engineering, Law, Literature, Natural Science, Pharmacy, Nursing, Fine Arts, Designing, etc., along with research initiatives through PhD Programs. All the courses are designed parallel to the industrial needs of the global economic structure of the contemporary market.
FiveThirtyEight’s editor-in-chief, Nate Silver, discussed our NCAA men’s basketball tournament predictions Tuesday with “Good Morning America’s” Josh Elliott.If you missed it, here’s the clip:
Then-freshman forward Maddy Humphrey (left) pushes the ball upfield during a game against Iowa Oct. 19, 2014 at Jesse Owens Memorial Stadium. OSU lost 4-2.Credit: Lantern File PhotoThe Ohio State field hockey team hopes to keep its momentum when it faces off against another team that is undefeated in conference play, No. 8 Maryland, this week.Coming off a 2-1 double overtime victory last week against Penn State, the Buckeyes are now 2-0 in the Big Ten for the first time since 2011 and 6-3 overall. Maryland (8-3, 3-0) — which is coming off a 5-1 victory against Michigan State on Sunday — currently sits in a three-way tie for first place in the Big Ten alongside OSU and Indiana. The Terrapins have combined to score 38 goals so far this season, 20 of which have come off penalty corners.Coach Anne Wilkinson said her team has put forth a lot of effort in practice this week and that it will show on the turf Friday.“At the end of the day it’s about who steps up and shows up on the field,” Wilkinson said. “I think with the hard work that our team put in this week, we’ll be prepared and ready to compete.”As proof of their effort, the Buckeyes continue to rack up Big Ten Player of the Week honors. Sophomore goalie Liz Tamburro, senior forward Peanut Johnson and, most recently, sophomore back Caroline Rath have all taken home the title so far this season. Johnson, who has 15 points on six goals along with three assists, said the team’s dedication and spirit give them an upper hand in succeeding on the field.“Everyone’s just on their A-Game,” Johnson said. “The fact that freshmen, sophomores, juniors are all playing with so much heart is just really what’s setting this season apart from all the others.”Coming into Friday’s game winning five of its last six, OSU is averaging 2.50 goals per game with 23 goals total. Alongside the strong offense, the Buckeyes’ defense leads the conference with 65 total saves. Tamburro — who tallied a season-high 11 saves versus Penn State — said the defense has found its flow on the field and is finally meshing together. “The defense has been working amazing together, we’ve made so much progress since the beginning of the season,” Tamburro said. “We’re all open with each other, the communication and trust has definitely come together.”The Buckeyes are scheduled to face off against the Terrapins on Friday at Buckeye Varsity Field at 3:30 p.m.Coach’s cornerWilkinson and Maryland coach Missy Meharg used to be teammates at the University of Delaware on both the field hockey and lacrosse teams. Looking forwardFollowing their contest against Maryland, the Buckeyes will continue Big Ten play against Rutgers at home. The game is set for Oct. 9, with faceoff being scheduled for 3:30 p.m at Buckeye Varsity Field.
Then-senior wide receiver Devin Smith (9) catches a touchdown during a game against Illinois on Nov. 1 at Ohio Stadium. OSU won 55-14. Credit: Lantern file photoFormer Ohio State wide receiver Devin Smith has been selected by the New York Jets with the 37th pick in the second round of the 2015 NFL draft. This marks the fourth consecutive year a former Buckeye has been taken in the second round.Smith ended his OSU career with 2,503 receiving yards and 30 touchdown receptions. During his senior season in 2014, he had a team-leading 931 receiving yards and 12 touchdown catches. He led the nation among qualified receivers with an average of 28.2 yards per reception and was an All-Big Ten honorable mention in both 2013 and 2014.In 2011 as a true freshman, Smith saw considerable playing time, catching 14 passes for 294 yards. He also caught four touchdowns — including a 40-yard heave from then-freshman quarterback Braxton Miller as time winded down to pull off the upset of Wisconsin.As a sophomore, Smith started 10 games. He more than doubled his receiving yards from the previous season, racking up 618 yards on 30 catches and a team-leading 6 touchdown receptions. Much like as a freshman, one of his touchdowns came in highlight reel fashion. This time, it was a spectacular one-handed grab as he tumbled to the turf against Miami (Ohio).The following season, he continued on his upward trajectory. As a junior, he tallied then-career highs in receptions (44), receiving yards (660), and touchdowns (eight).He established himself as a legitimate NFL prospect during OSU’s three-game national title run, specifically against Wisconsin in the Big Ten Championship Game and Alabama in the Sugar Bowl. Against the Badgers, Smith caught four passes for 137 yards and three scores. Then versus the Crimson Tide, he tallied 87 yards on two receptions, with a touchdown.The Jets were lead in receiving by Eric Decker during the 2014-15 season with 962 yards. They traded for receiver Brandon Marshall during the offseason.New York is scheduled to open the 2015-16 season Sept. 13 against the Cleveland Browns at 1 p.m.
Ohio State junior forward Freddy Gerard (15) evades a defender in the first period of the game against Wisconsin on Feb. 23 in the Schottenstein Center. Credit: Jack Westerheide | Managing Editor for DesignNo. 1 Ohio State (2-0) swept its season opener at Arizona State (2-2) to get its season off to a hot start. Ohio State is beginning its season after being ranked No. 1 in the nation for the first time in team history in both the USCHO and USA Today Men’s Hockey polls.The Buckeyes won their first game on Friday by a score of 3-2 and shut out the Sun Devils on Saturday 3-0.Game 1The Buckeyes got off to a quick start Friday as senior forward Freddy Gerard opened up the scoring off an assist from junior forward Carson Meyer just six minutes into the game.After a penalty by senior forward Dakota Joshua as the first period winded down, sophomore forward Johnny Walker scored the Sun Devils’ first goal on the power play less than a minute into the second period to tie the game up.The power play was an important factor for both teams, with three of the five goals scored coming with a man advantage. Ohio State was two for five while Arizona State only converted on one of its four opportunities.The Buckeyes quickly followed up Arizona State’s first goal with a power play of their own, allowing Joshua to score his first goal with assists by senior forward Mason Jobst and redshirt junior defenseman Wyatt Ege.Only a couple minutes later, Meyer scored his first goal in the Scarlet and Gray off assists from Jobst and junior forward Tanner Laczynski to make the score 3-1. Walker scored on the power play for Arizona State with only seconds to go in the second period to make it 3-2, but senior goaltender Sean Romeo saved all 12 shots sent his way in the third period to secure the win.Romeo saved 24 shots and allowed two goals in the victory.Game 2Following the Buckeyes 3-2 win on Friday, it took a bit longer for both teams to get into their rhythms on Saturday.The first goal of the game came with just over a minute left in the second period by junior forward Ronnie Hein, assisted by Laczynski and junior defenseman Matt Miller. Though two of Ohio State’s three goals on Friday came via the power play, the Buckeyes did most of their scoring Saturday with Arizona State at full strength. Ohio State wasn’t able to capitalize on its six power play opportunities during the matchup. Arizona State similarly struggled, failing to convert on each of its six power play attempts. After trading power plays for most of the game, the Sun Devils eventually got called for tripping Jobst on a breakaway which resulted in a penalty shot, which Jobst buried, giving Ohio State the 2-0 lead. Tripping was just one of the penalties called in this physical game, which resulted in 15 penalties and 30 minutes of time in the penalty box.With only 20 seconds to play, assists from redshirt junior forward Miguel Fidler and senior forward John Wiitala led to Hein’s second goal of the game in an empty net to cap the game off 3-0.Sophomore goaltender Tommy Nappier saved all 27 shots sent his way in his second career shutout.Overall, the Buckeyes out shot Arizona State 70-53 in the series and killed nine of the ten penalties they faced. Ohio State only converted on two of its 11 power play opportunities. The Buckeyes will come back to Columbus for their home opener against Massachusetts at the Schottenstein Center on Friday at 7:05 p.m. and Saturday at 5:05 p.m.