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U-Ming Orders Two VLOCs from Qingdao Beihai

first_imgU-Ming Marine Transport (Singapore), a subsidiary of U-Ming Marine Transport Corporation, has signed a 25-year Contract of Affreightment (COA) with Vale International SA of Switzerland.The COA is the biggest and longest commitment in U-Ming’s history and the total contract value is anticipated to be more than USD 600 million.In order to support the contract, U-Ming has ordered two 325,000 dwt very large ore carriers (VLOC) from China’s Qingdao Beihai Shipbuilding Heavy Industry. The two ore carriers will feature an LNG-Ready design for retrofitting to dual-fuel in the future. The vessels are expected to be delivered in 2020.U-Ming added that each vessel will be equipped with an ecoefficient main engine, SO2 scrubber features, digital optimization systems, and comply with the International Maritime Organization’s 2020 sulphur cap of 0.5% with effect from 2020.“The signing of this long-term contract has further enhanced the cooperation and relationship between Vale International SA and U-Ming. The COA will commence in 2020 until 2045 for transporting Brazilian iron ore to China. We have been able to secure a bigger portion of long-term charters with stabilized revenue and profit for the company,” a U-Ming spokesman said.The company added that the deal comes on the back of a significant recovery of the dry bulk shipping market in 2017, driven by higher demand from China and increasing iron production from mining companies in Australia and Brazil. “This COA is contracted to meet the iron ore demand growth especially in China and other developing countries; and with UMing’s prudent management and customer service oriented vision to create a win-win for both parties,” the company’s spokesperson added.According to Australia official estimates, the world iron ore total export in 2019 will reach 1.378 billion tons, a 7 pct growth as compared to 2017, of which Vale’s new S11D mine will reach a nominal capacity of 90 million tons per annum by 2020 with an iron content of up to 66.7 percent.The total iron ore export from Brazil in 2019 is expected to be 10 percent higher than in 2017.last_img read more

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Championship Fixtures

first_imgWolves travel to play Nottingham ForestWhile Preston are at Birmingham.Ipswich Town are just outside the playoff positions and they host Bolton9th-place Middlesbrough takes on 10th-place QPRDerby County are away to Bristol CityBurton Albion are at home to FulhamBrentford face ReadingAnd it’s two of last year’s Premier League sides as Hull are up against Sunderland.All of those games kick off at 3 o’clockWith Barnsley facing Aston Villa in the division’s late kick-off at half 5 Photo: © UEFA.com In the Sky Bet Championship, top of the table Leeds United are away to MillwallSecond-place Cardiff takes on Sheffield WednesdaySheffield United – who are in third – are at home to Norwichlast_img

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PFL 5 results: Chris Wade kicks his way into playoffs; Lance Palmer pounds postseason ticket in style

first_imgJoin DAZN and watch more than 100 fight nights a yearWade picked up three points for the win, ended his regular season 2-0 and clinched the third overall spot in the lightweight playoffs, which will start with quarterfinal matchup Oct. 17 at the Mandalay Bay Events Center in Las Vegas.”The Long Island Killer” gets it done in Jersey! Your winner earning 3 points: @CWadeMMA! #PFL5 pic.twitter.com/EYOkJlFFig— #PFLmma (@ProFightLeague) July 26, 2019There, he’ll have a chance to advance farther than he did last year and possibly land a rematch against defending champion Natan Schulte, who cruised past Jesse Ronson earlier in the night to lock up the No. 1 overall seed. Schulte eked past Wade by split decision in last year’s semis before winning the tournament and its $1 million prize. Thursday night, “The Long Island Killer” attempted and landed kicks — at a stunning 62 percent clip — with bad intentions to get the nod over Aliev.Wade will begin the PFL’s second postseason by facing Nate Andrews in the opening round. The good part about that for Wade is that he scored a unanimous decision over Andrews at PFL 2 in May, so he should head into their rematch with confidence — especially considering much more will be on the line in October.Here’s how the rest of the lightweight playoff bracket looks:Coming to Vegas this October! Your 2019 #PFLPlayoffs Lightweight bracket. pic.twitter.com/EBfY20CvCa— #PFLmma (@ProFightLeague) July 26, 2019Lance Palmer pounds out Rafael Laurentino with third-round TKO (punches) to snatch four points and top spot in featherweight playoffsPalmer will enter the PFL playoffs the way he finished last year’s inaugural season — as No. 1. The 2018 featherweight champion made his win Thursday look rather surgical.The victory gave Palmer four points and the top overall seed in the featherweight postseason, which will also begin with quarterfinal bouts on Oct. 17 at Mandalay Bay.PARTY ON! 🎉🎉 @LancePalmer scores the third-round TKO and earns 4 points! #PFL5 pic.twitter.com/enZkOQIhoZ— #PFLmma (@ProFightLeague) July 26, 2019The finish came when Palmer swiftly took Laurentino’s back and began pummeling him with fists from the top position until the referee stepped in and stopped the bout. “The Party” earned his first career knockout as he improved to 7-0 in the PFL.That left the defending champion breaking out his best dance moves in celebration.That winning feeling! @LancePalmer pic.twitter.com/wKss3i7Nry— #PFLmma (@ProFightLeague) July 26, 2019Palmer now has an opportunity to deposit another cool million into his bank account in this year’s playoffs.“I always say, ‘Welcome to the party!'” Palmer said in the cage during his postfight interview. “I’m excited for the win and ready for Vegas.”Here’s how the rest of the featherweight playoff bracket looks:Your 2019 Featherweight bracket! The #PFLPlayoffs start this October. pic.twitter.com/WJaBI818JN— #PFLmma (@ProFightLeague) July 26, 2019Nate Andrews scores controversial unanimous decision win over Rashid Magomedov to gain three points and clinch final spot in lightweight playoffsThe judges gave the slightest nod to Andrews (29-28 across all the scorecards) for not only the win, but also a postseason berth.That didn’t stop Magomedov’s faithful fans from trying to drown out Andrews’ postfight interview with boos. He could only resort to barking back with chants of “U-S-A!”Rashid Magomedov fans boo this man? You get a USA chant in response from Nate Andrews! 🇺🇲 #PFL5 pic.twitter.com/e8mQKVo560— #PFLmma (@ProFightLeague) July 26, 2019Andrews landed more strikes by a 19 percent margin, but the decision could have gone in Magomed’s favor — the fight was that close.Alex Gilpin puts squeeze on Freddy Assuncao with first-round submission (guillotine choke) to collect six pointsHis back against the cage, Gilpin managed to trap Assuncao in a standing guillotine choke before applying extra torque and taking the Brazilian down to the canvas to the point where he passed out.🇺🇸💪 @alexgilpinmma with a crushing first-round submission and a big 6 points! #PFL5 pic.twitter.com/YQPOmC1oRA— #PFLmma (@ProFightLeague) July 26, 2019Gilpin finished the 2019 PFL regular season 1-1, with the win clinching a spot in the featherweight playoffs.Jeremy Kennedy edges Steven Siler by unanimous decision to earn three points, make featherweight playoffsAfter losing to Luis Rafael Laurentino by first-round TKO during PFL 2, Kennedy was faced with a simple test in PFL 5 — win or go home. He mostly controlled the action to get the nod from the judges (29-28, 29-28, 30-27) and clinch a playoff berth. The Bandit is back! 🇨🇦 @JeremyKennedyWC gets his first #PFLmma win and earns 3 points. #PFL5 pic.twitter.com/ZjzRrtioEm— #PFLmma (@ProFightLeague) July 26, 2019″I’m glad I passed this test,” Kennedy said in the cage following his win, “and I’m moving on.”Kennedy’s hard-fought victory was especially significant, considering he eliminated Siler, last year’s featherweight runner-up, from making the playoffs.After the bout, the two shared a slice of pizza as part of their postfight meal.The ultimate show of respect: sharing a post-fight slice of pizza. @JeremyKennedyWC @Stevesiler #PFL6 pic.twitter.com/R9L9nXcuAP— #PFLmma (@ProFightLeague) July 26, 2019Earlier action on ESPN+Natan Schulte def. Jesse Ronson via unanimous decision (30-27, 30-27, 30-27) to garner three points and clinch playoff spot; lightweights.Movlid Khaybulaev and Andre Harrison fought to a majority draw (29-28 Harrison, 28-28, 28-28); each secured one point and clinched a spot in the playoffs; featherweights.Alexandre Almeida def. Peter Petties by unanimous decision (29-28, 29-28, 29-28) to collect three points; featherweights.Islam Mamedov def. Bao Yincang via first-round TKO (punches) to grab six points and clinch a playoff spot; lightweights.Loik Radzhabov def. Ylies Djiroun by split decision (29-28, 29-28, 30-27) to earn three points and a playoff spot; lightweights. Chris Wade kicked his way into the playoffs — literally.Last year’s Professional Fighters League lightweight semifinalist used a barrage of kicks to record a unanimous decision victory (29-28 across the scorecards) over Akhmed Aliev in the main event of PFL 5 on Thursday night at the Ocean Casino Resort in Atlantic City, N.J., and live on ESPN2.last_img read more

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ROAD BARRIER PLAN THREATENS FUTURE OF 22 JOBS AT LETTERKENNY STORE

first_imgThe future of one of Donegal’s best known businesses hangs in the balance after a decision by the National Roads Authority to erect a barrier outside the premises.The Mace convenience store and restaurant at Dry Arch Roundabout in Letterkenny, which employs 22 people on a full and part-time basis, is a hugely-popular stopping point for shoppers.But now the NRA told its owners that they are cutting off a filter lane on the main N14 road into the store. The NRA claims the filter lane is a safety hazard and plan to erect barriers to prevent motorists from turn right when coming into Letterkenny from the Derry Road.Management at the store say the move will cut its business by 50% and they will be left with no option but to close its doors.The workforce has already dwindled from 33 down to 22 because of the recession and management say they simply cannot afford any more cuts.A spokesman for the store told Donegaldaily.com that staff have been informed of the situation that they could close. “If this decision goes ahead then we will have no choice but to close the premises.“People will not go all the way into the Pole Star roundabout and then turn back – it doesn’t make sense.“We are talking about losing 50% of our business and I cannot afford to do that in the current climate.“We are barely making ends meet because of the rising cost of electricity and other things.“The staff know about the situation and they know our hands are tied. We are in the hands of the NRA at the moment but it seems the decision has already been made,” he said. The NRA claims the filter lane into the shop is a safety hazard.However the spokesman for Mace at the Dry Arch said safety has never been an issue.“I cannot ever remember a crash from a car crossing from the filter lane into our premises.“There is adequate space and plenty of long breaks in the traffic flow for people to cross. “I just do not accept that as a reason,” he said.Management at the store, who have had two meetings already with the NRA, say work on the barriers could begin later this month or in October.EndROAD BARRIER PLAN THREATENS FUTURE OF 22 JOBS AT LETTERKENNY STORE was last modified: September 2nd, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Dry Arch ComplexMaceNRAlast_img read more

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