Card World folds as retailers reel from tough Christmas trading

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NBB: Study on Economic Importance of Belgian Ports

first_imgThe National Bank of Belgium (NBB) has published an annual update of the study on the economic importance of the Flemish maritime ports – Antwerp, Ghent, Ostend and Zeebrugge -, the Liège port complex and the port of Brussels.The contribution of each port to the national economy is estimated on the basis of the analysis of their economic, social and financial situation over the period 2007 – 2012. The three principal variables considered are value added, employment and investment. This study also highlights the indirect effects on value added and employment, as well as the main data from the social balance sheet.Analysis of the financial results involves a study of the return on equity, liquidity and solvency ratios and the financial health model developed by the Bank.The decline in direct value added in the six Belgian ports that had begun back in 2011 continued in the year 2012, albeit at a more moderate pace (-0.5 %). Value added generated directly by the maritime cluster was up 8.2 %, thanks mainly to cargo handling and port construction and dredging activities. In the non-maritime cluster, on the other hand, value added fell in both trade and industry, with the biggest reductions concentrated in the energy and chemicals industry segments.Individual port results were nevertheless quite divergent. The value added generated by the ports of Antwerp and Ostend enjoyed growth rates above 3 % in 2012. Over the same period, the port of Brussels’ value added remained stable. Conversely, it fell back by 1.5 % in the port of Zeebrugge. Lastly, value added produced by the port of Ghent and the Liège port complex slumped by 4.8 and 16.1 % respectively. Indirect value added grew by 0.4 %. The share of total value added in Belgium’s GDP was down by 0.2 of a percentage point to 7.9 %.More info[mappress]Press Release, June 26, 2014last_img read more

OMV names new upstream head

first_imgOMV informed it has appointed Johann Pleininger as the Executive Board member responsible for Upstream as of September 1. He will succeed Jaap Huijskes, who decided to resign before the end of his mandate and leaves on the best of terms, the company said in a statement.Johann Pleininger joined OMV in 1977 and from 2007 to 2013 he was the Executive Board member responsible for E&P at OMV Petrom in Bucharest.Most recently he has been the Senior Vice President responsible for the core Upstream countries Romania and Austria.[mappress mapid=”17683″]last_img read more

VIDEO: Keeping Hamburg Port Dredged and Maintained

first_imgHamburg Port Authority has just released this amazing dredging video named “Keep the Port on Depth” – XXL dredging ship in use.The video will give you an invaluable insight into the role of Jan De Nul’s trailing suction hopper dredger “Bartolomeu Dias” in keeping the Port of Hamburg regularly dredged and maintained.This TSHD has a hopper capacity of 14,000 m³, deadweight of 22,500 tonnes, length overall of 147.8 m, breadth of 30.0 m, draught loaded of 10.00 m, and maximum dredging depth of 52 m.“For the around 10,000 seagoing vessels annually calling at the Port of Hamburg, reliable water depths throughout the year are essential for handling shipping traffic in the port and on the Elbe properly,” said Ingo Egloff, CEO of Port of Hamburg Marketing.Schleswig-Holstein recently granted Hamburg permission to continue to deposit dredged material near Buoy E3 in the North Sea.The new permission substantially increases the scope for action to continuously keep the water level deep in the Port of Hamburg.[mappress mapid=”22723″]last_img read more

SRA costs slashed as tribunal fumes at hourly rates and lack of detail

first_imgThe Solicitors Regulation Authority has been criticised by the tribunal for charging too much to prosecute a ‘straightforward’ case, it emerged this week.The regulator had applied for £22,500 costs following a two-day Solicitors Disciplinary Tribunal hearing in July, to run the case against Julian Critchlow, but ended up being awarded just £8,000. The tribunal was also critical of the SRA for employing external advisers when the case could have been handled in-house.Critchlow, 63, had admitted drunkenly touching a paralegal colleague inappropriately at a London pub, with colleagues and a client sitting at the same table. He was fined £10,000.But his lawyers contested the SRA’s claim for costs, pointing out Critchlow had self-reported the matter following an internal investigation by his firm. Papers were relatively short and not complicated, and his defence lawyers’ claimed-for hours were ‘nowhere near’ those of Capsticks, the SRA’s instructed firm.In an unusually strong assessment of the SRA’s fees, tribunal chair Andrew Spooner said the schedule of costs filed by the regulator was ‘of very little use’, and he noted this was the same in ‘numerous’ previous cases.Spooner added: ‘[The schedule] did not say what hourly rate was used by the different levels of fee earners. It contained no specific detail of the work done. Five fee earners were named and there was no breakdown of why there was so much partner involvement for such a straightforward case.’Capsticks’ Grace Hansen told the tribunal that a rate of £200 per hour was ‘proportionate’ and said it was ‘coincidence’ that the amount claimed in fees at 92.5 hours came out at exactly the same figure –  £18,500 – agreed as a fixed fee for the case.Addressing each aspect of work claimed for, the tribunal almost halved the 9.5 hours for reviewing case papers and case planning, and reduced the 27 hours for producing a prosecution statement to 20. The SRA had claimed for 18.1 hours for answer and case management, and the tribunal noted Critchlow’s answer had amounted to five lines of text. This was reduced to 10 hours.The tribunal ruled that this was a case that ‘could and should’ have been dealt with by the SRA in-house at £130 per hour, and this figure should have been used as the base hourly rate. The case required 60 hours rather than the 92.5 suggested by the regulator.last_img read more

Publications – November 2001

first_imgBook review,Paris Carte des Réseaux FerrésFourth editionThis updated geographical map of railways in the Paris area encompasses all SNCF and RATP routes, plus other rail and tram lines including the Euro Disney Railroad and OrlyVAL. There is also a detailed track plan of the metro, showing all depots, sidings and platforms. £3·50 from Quail Map Company, 2 Lincoln Road, Exeter, EX4 2DZ, Great Britain.Tel: +44 1392 430277TrackJim PikeProviding a simple, non-technical introduction to the subject, illustrated with black-and-white photographs, this history of railway track stretches from early wooden wagonways to modern high speed lines. It covers manufacturing techniques, track designs, and unorthodox ideas such as the Lartigue monorail and atmospheric railways. Different types of rails, fixings, switches and crossings are explained.£19·99 from Sutton Publishing, Phoenix Mill, Thrupp, Stroud, Gloucestershire, GL5 2BU, Great Britain.Tel: +44 1453 731114last_img read more

What’s on Your Table? Christmas Recipes Around the Caribbean

first_imgThere’s such a great wealth of diversity in Caribbean cuisine that it might take a whole lifetime to taste your way through every island’s regional specialty. During the holiday season, there are certain staples that will always have a place on the Caribbean Christmas dinner table. Here’s a quick roundup (and some recipes!) of most cherished holiday dishesfrom Trinidad, Jamaica, Haiti and Guyana.JamaicaRecipe: Gungo (pigeon peas) and riceWhile every island has its own way of approaching this dish, it’s very important to see this on a Jamaican family’s Christmas table.Trinidad & TobagoVery similar to Latin American tamales, the easiest way to spot the difference is the use of fig leaves instead of corn husks. Because they store well in the freezer, Trinis start the pastelle making process weeks in advance and its very commonly a family affair.HaitiRecipe: Djon DjonMade with wild trumpet mushrooms, the unique dish and its signature color don’t begin to foretell the deep and flavorful deliciousness of this Haitian favorite. Whenever you hear someone say they’ll have “black rice” on the table, make sure that you’re in attendance.GuyanaRecipe: Pepper potThe base for this beautiful dish is called “cassareep” and its made from cassava root. It’s been said that pepper pot was developed by Guyana’s indigenous Amerindian people as a way to preserve meats since there’s no need for refrigeration. This wintertime stew is Guyana’s national dish and deservedly so.Of course we can’t forget two items that always have a place on any Caribbean table anytime of the year, but especially during the holidays:Recipe: Sorrel drink Recipe: Black cakeOf course, we couldn’t cover every island and every variation of the above recipes, but if you have a favorite Christmas dish, we’d love to hear about it.What else should be on our list? Drop a comment below with your feedback.last_img read more

SuperControl raises £1,734 for Women v Cancer

first_imgAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to LinkedInLinkedInLinkedInColleagues at SuperControl collaborated to organise a series of fundraising events throughout the summer and have raised a staggering total of £1,734 in aid of Women v Cancer – supporting Breast Cancer Care, Ovarian Cancer Action and Jo’s Cervical Cancer Trust.SuperControl’s Inbound Marketing Manager Jo Blaylock said, “The support has been amazing. All 40 of the SuperControl team embraced the events, which included a bake sale, a swear-box, fines for looking at phones during meetings, a film quiz, lucky squares, and the main event – the Big Wax-off. Our Business Development Consultant, John Temke agreed to be waxed if a £300 target was achieved (for this alone), everyone dug deep and the Big Wax-off smashed the target raising £450 independent of all other fundraising events that were happening. Myra from Elysian in Castle Douglas came into the office in Market Street to do the waxing and she did a great job – John was incredibly brave and didn’t cry out in pain once! The SuperControl charity committee would also like to thank Laggan Outdoor, Cream o’Galloway and In House Chocolates who all donated fantastic prizes for Lucky Squares.”SuperControl Managing Director, Melinda Kennedy added, “Congratulations to Jo, Arek, Charlotte, Pawel, Mark and Zuza for running such an entertaining programme of events and fundraising to support Women V Cancer this summer. The charity committee made it such fun to give money to something really important and the fundraising total of over £1,700 shows how strongly the SuperControl team worked together to support this effort.”last_img read more

Sexual Offences Act amendment to be tabled in Parliament

first_img Share LocalNews Sexual Offences Act amendment to be tabled in Parliament by: Dominica Vibes News – September 23, 2016 Share 140 Views   no discussions Tweetcenter_img Share Attorney General, Levi Peter (file photo)An amendment of the existing Sexual Offences Act has been presented to Cabinet for consideration and is expected to be tabled in Parliament shortly, the Attorney General Levi Peter has said.The review was conducted by a committee led by government’s legal advisor, Ray Harris and presented earlier this year.The Coalition for the Protection of Children and Youth, which comprises of twelve non-governmental organizations, has been advocating for strengthening of the Sexual Offences and Bail Acts, to protect the vulnerable members of society.Child abuse, especially sexual abuse, has been on steadily increasing, statistics from the Social Welfare Division indicates.“There has been great concern in that aspect; there has been some say, an increase in the prevalence of these offences and a call for various changes,” Peter told a special sitting of the High Court to mark the opening of the 2016/2017 law year on Tuesday 20 September 2016. Statistics from the Social Welfare Department indicates that there were one hundred and eighty-nine reported cases of child abuse in 2015. Out of the one hundred and eighty-nine reported cases, one hundred and twenty-eight were sexually related matters and seventy-three cases involved children within the ages of zero to ten years.In addition, statistics indicate that there were one thousand and ninety-five reported cases of child abuse in Dominica between 2010 and 2015.“You may have heard that the government has been involved, engaged in discussions with various stakeholders and you will be happy to know, I’m sure, that there is an amendment to the Sexual Offences Act which will be going to Parliament shortly,” Peter added.He anticipated that at Cabinet sitting on Tuesday, that a date for the next parliament sitting would have been decided upon and that this amendment to the Sexual Offences Act would be added to the Order Paper.“That’s something that I would hope that all of us, as legal professionals in one way or another, will lend our support; those who have to defend will obviously defend within the confines of the law, and those who have to prosecute, I would expect similarly to prosecute within the confines of the law,” Peter noted.“The overall objective of course is to ensure that that type of offending that this piece of legislation is addressing is reduced, if not eliminated from our society,” Peter emphasized. Sharing is caring!last_img read more

Oldendorff Carriers Partners with Erma First for BWTS

first_imgIn 2004, the IMO adopted a new “Convention for the Control and Management of Ship’s Ballast Water and Sediments”. The purpose of this new convention was to control the harmful effects of unwanted or invasive species being transported in ships’ ballast water.After a review of the different Ballast Water Treatment Systems (BWTS), Oldendorff Carriers has decided to partner with ERMA FIRST. Oldendorff Carriers made a review of the approved BWTS including visiting some manufacturing facilities, the review included; regulation compliance, capital cost, energy requirements, anticipated operating costs, space requirements, simplicity to manage and availability.ERMA FIRST is headquartered in Greece; they impressed Oldendorff Carriers with their professional method of addressing our questions and concerns. The ERMA FIRST BWTS FIT is USCG type approved and IMO approved for nearly all water types. Their BWTS is simple, flexible, and suitable for small and large ballast-pump capacities. It also has a small footprint and a low power consumption.During ballasting, the water goes through the filter, where organisms and sediment (with a diameter larger than 40 microns) are separated and further discharged overboard. The filtered water enters the Electrolytic Cell. Naturally, from the chlorides of the water, free chlorine is produced through the electrolysis process at a very low concentration (around 4-6 mg/L). The treated water then, enters the ballast tanks. During de-ballasting, the system will only monitor the residual oxidants and will further intervene if necessary. The main stages of the system (filtration and disinfection) are bypassed.Niklas Richter, Project Manager of the Oldendorff Carriers Green Ships Department commented, “We have had an internal task force working on BWTS for two years, during this time we have thoroughly investigated many systems, particularly those with US Coast Guard approval. We were very impressed with the professionalism of ERMA FIRST and are very pleased to partner with them on the BWTS project. Although the fitting of BWTS is not yet compulsory, we plan to fit a trial ERMA FIRST system in July 2018 and start fitting many of our owned vessels in 2019 to have time to train and implement the system before vessels are required to comply with the regulations.”Konstantinos Stampedakis, ERMA FIRST Managing Director commented, ‘Working with such a professional and high quality shipping company such as Oldendorff Carriers, promoted the quality of our equipment and services. We have undertaken a great challenge which we will fulfill at the most professional and efficient way.Sea News, May 31 Author: Priyanka Ann Sainilast_img read more