After Gatwick, how do we prevent future drone chaos?

first_img City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp More effective geofencing could be built into drones to automatically prevent them from flying within protected areas. Electronic conspicuity devices could also be used, which would allow for the automatic identification of all airspace users – including drones.In addition, the police need to be given more powers to request evidence from drone users where there is reasonable suspicion of an offence being committed. This could involve allowing police to issue fixed penalty notices for minor drone offences, allowing for better enforcement of drone regulations, and acting as a deterrent for drone misuse.Read more: Government extends ‘no-fly zones’ around airport runways after drone chaosUltimately, it is clear that the government needs to act to put in place more effective drone regulation and work alongside industry partners to defend the public from drone threats.The Home Office must accelerate detailed policy work in order to develop an appropriate means to allow the expanded use of anti-drone technology in the UK. Meanwhile, the government needs to do more to educate the public about drone flying laws and policy. whatsapp Opinion Siete Hamminga Monday 8 April 2019 10:36 am Last year’s disruption at Gatwick airport is estimated to have cost over £50m. The incident points to the urgent need for significant action to ensure that drones are used safely and securely in the UK.The government has begun to regulate the sector: it is currently an offence to endanger aircraft, drone pilots are not permitted to fly their drones near people or property, and drones must be kept within a visual line of sight. Tags: Drones Share After Gatwick, how do we prevent future drone chaos? Laws restricting drones from flying above 400ft across the UK and within 1km of protected airport boundaries were recently updated to extend no-fly zones around airports to 5km. It is also now a legal requirement for all drone operators to sign a register, and drone pilots must complete an online competency test.Read more: MPs launch inquiry into risks of dronesWhile these regulations are a good first step in protecting aircraft and the public from those unaware of the risk their drones could pose, there remains a lot of action to be taken to better safeguard the public and prevent another situation similar to the Gatwick chaos.In order for airports, and other open or vulnerable spaces, such as sports grounds and prisons, to be safeguarded from drones, effective countermeasures will need to be put in place. These include monitoring technologies such as highly specialised drone-tracking radar, as well as technologies that are able to neutralise drones once they are detected.The current issue with many of these drone-neutralising technologies, however, is that none are permitted due to existing regulations. Many also pose an increased electronic collateral damage risk at airports.last_img read more

Health Matters: Electronics Linked to Bladder Problems

first_imgAdvertisement RELATEDTOPICS AdvertisementView More Health Matters video segments at LeeHealth.org/Healthmatters/Lee Health in Fort Myers, FL is the largest network of health care facilities in Southwest Florida and is highly respected for its expertise, innovation and quality of care. For more than 100 years, we’ve been providing our community with personalized preventative health services and primary care to highly specialized care services and robotic assisted surgeries. Lee Health – Caring People. Inspiring Care.Visit LeeHealth.org Studies show too much screen time can affect a child’s brain development and behavioral health—but doctors are now seeing a new concerning connection between electronics and children. “Often, kids get constipated very frequently these days with all the electronic media around. They learn to ignore the signals from the bowel and the bladder, and they tend to hold it longer, and that teaches them bad habits,” explained Dr. Rahman Abd-El-Barr pediatric urologist with Golisano Children’s Hospital of Southwest Florida.Dr. Abd-El-Barr says the overuse of electronics has become a common cause of urinary tract infections. “If kids are holding their bladder too long, they may set them up for infections. That’s probably one of the more common things I see families for.”While UTI’s can be treated with antibiotics, doctors say it’s also important to teach children good bathroom habits. “Kids generally have to be taught no matter what age. We can’t hold them responsible for emptying their bladder on time, especially with like media and screens, it’s almost like the screen hijacks their brain, and they don’t actually hear or see the signal coming from their bladder,” said Dr. Abd-El-Barr.Encouraging children to listen to their bodies and empty their bladder when they go to the bathroom can prevent bladder problems. Health Matters: A Partnership in Medical Care June 13, 2021 Health Matters: Scoliosis Treatment for Children June 13, 2021 Health Matters: Helping Children with Chest Wall Malformation June 13, 2021center_img Donors with O+ blood type needed at Lee Health June 17, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments AdvertisementTags: bladder infectionschildrenDr. Abd-El-BarrHealth MatterskidsLee Healthpediatric urologistvideo games AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Advertisementlast_img read more

Construction Is Easy But Usage Is Hard

first_imgThe North Korean authorities are scratching their heads over thelack of exhibition materials for display in the Victorious FatherlandLiberation War Museum, which was expanded dramatically last year. “These days, every Chosun trade representative I meet asks meto find materials relating to the 6.25 War (Korean War),” a Korean businessmanin Dandong told Radio Free Asia. Another source recalled a request asking forthe June edition of a Korean monthly magazine, explaining, “The request was basedon the assumption that pictures and articles about the 6.25 War would bepublished in the magazine.”—The reconstruction of Pyongyang SunanInternational Airport, now in its second year, is designed to build Kim JongEun’s legacy of achievements. According to Radio Free Asia, the new terminal willhave four floors and be as large as Washington’s Dulles International Airport.Some think that Kim, who has been to many modern airports abroad, is keento show off through the construction. Kim is currently expanding an airfieldin Wonsan, making it into an international airfield.  —The first regular flights between Pyongyangand Harbin will take off on July 18th, Heilongjiang Sinmun reportedon the 11th. There will be two flight per week in each direction until October4th […] Elsewhere, the first flight between Shanghai and Pyongyang tookplace on July 6th, and between Changchun, Yanji and Pyongyang onJune 29th. —It has emerged that an increasing number of people are trading private patches of land, leading to increasing land prices. An inside source in North Hamkyung Province told Radio Free Asia that powerful cadres and members of the security services are keenly buying up private plots, while an inside source in Yangkang Province said, “Plots on a slope of less than 15 degrees are being traded for 1 RMB per pyeong (1 square meter is equal to 0.3025 pyeong), or 1230 KPW (North Korean Won). The sources emphasized that this buying will have a big impact on the Kim regime in due course, because it implies that people want to buy land as permanent assets. News Construction Is Easy But Usage Is Hard Facebook Twitter News News By Daily NK – 2014.07.17 7:40pm RELATED ARTICLESMORE FROM AUTHORcenter_img AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak SHARE News There are signs that North Korea is running into serious difficulties with its corn harvest North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

Big Project funding boost for key Barossa sports projects

first_imgBig Project funding boost for key Barossa sports projects Barossa CouncilState Government grant funding announced this week will pave the way for a new junior oval and cricket nets at Tanunda Recreation Park, and a new home for Barossa Rams Rugby Club, as part of The Big Project.The Barossa Council received $580,700 towards a $1.45 million investment in a multi-purpose junior oval, three cricket practice nets, storage shedding and civil works at Tanunda Recreation Park.Council also received $995,000 to develop new $2.7 million rugby and multi-use facilities at a purpose-built venue adjacent the Rex, Barossa Aquatic Fitness Centre. Facilities include a rugby pitch and three touch football pitches, LED lighting, all use changerooms, clubrooms with function space and storage.The funding windfall was made available through the latest round of the State Government’s Office of Recreation, Sports and Racing Grassroots Facilities Program. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Barossa Council, Barossa Valley, council, cricket, fitness, football, Government, Investment, local council, project, purpose-built, Racing, Rugby, space, sports, Tanundalast_img read more

Nederburg on Top 50 List of World’s Most Admired Wine Brands…

first_imgPinterest Twitter TAGSAwardsCapeWinelandsMostAdmiredWineBrandsNederburgPaarl Email AdvertisementNederburg has been included in the highly-anticipated top 50 list of ‘The World’s Most Admired Wine Brands’ by UK-based publication, Drinks International, for a fourth consecutive year in 2019.The Paarl winery is one of only two South African wine brands to appear on this year’s top 50 list, selected by over 200 of some of the most renowned names in the global wine industry, and strengthened by the expertise of well-known specialist wine market research and consultancy firm, Wine Intelligence, that helped conduct the 2019 survey. The results were announced last night during a special, by-invitation-only awards evening at the luxurious Steigenberger Park Hotel in Düsseldorf in Germany. The ceremony also served as the inaugural party for ProWein 2019, known as the world’s top international trade fair for wine and spirits, which concludes on 19 March.In 47th position, the achievement puts Nederburg, one of the most dynamic brands in the newly-formed Libertas Vineyards and Estates portfolio, in the company of several very famous wine brands. Amongst the luminaries on the list are Australia’s Penfolds, Spain’s Torres, New Zealand’s Villa Maria, Chile’s Concho Y Toro, and French icon M. Chapoutier. According to Drinks International, to make it into the international line-up of the top 50 wine brands, demands consistent or improving quality; a reflection of region or country of origin; a responsiveness to the needs and tastes of target audiences; excellent marketing and packaging; and a strong appeal to a wide demographic. Niël Groenewald, MD of Nederburg says: “What an honour for Nederburg to be featured, for a fourth time in a row, in this esteemed international list of top global wine brands! We are delighted by this news and especially thankful to our viticulture and winemaking teams for their zealous focus on innovation, not merely for the sake of newness but to see how they can continually improve what they do. They continue to explore new wine growing areas, plant new vines, and trial new cultivars, blends and techniques to maintain Nederburg’s name as the byword in South African wine excellence. It’s their adventurous spirit and sense of curiosity that drives them to keep discovering and experimenting.”Jackie Olivier, Nederburg’s global marketing manager remarks: “Such high-level affirmation for Nederburg is a major boost for us. Over the past few years, we’ve been hard at work in building Nederburg’s global brand presence and appeal in key markets by introducing new innovative wines and securing new listings, an exciting global communications campaign for which we’ve won a variety of awards, and our alignment with pro-cycling via our sponsorship of Team Dimension Data for Qhubeka, the first African cycling team to race in the iconic Tour de France.“We are not resting on our laurels, though. We are geared to continue taking Nederburg to the next level. Over the coming months and years we’ll be rolling out some new brand aspects to entice wine consumers worldwide to keep on discovering Nederburg and its many facets and stories.”Nederburg’s success as one of South Africa’s most lauded names in wine is built on a rich history and tradition of winemaking excellence spanning more than 200 years. Currently, multi-talented cellar-master Andrea Freeborough leads the team of highly-skilled winemakers. She trained as both a viticulturist and winemaker and combines finely-honed technique with a keen appetite for innovation.The winery prides itself on its ability to produce both specialty and popular wines. It grows its own grapes, but also sources fruit from a long-standing network of supplier growers across the Cape, giving it access to excellent quality grapes. Its cellar is designed to simultaneously produce connoisseur and mainstream wines for export to more than 80 countries across the world. Nederburg was one of the first South African wine brands to enter the international market, and has been trading in Germany for over three decades.Over the years, Nederburg has won many other leading international and local wine titles and awards. These include most successful South African producer at the International Wine & Spirit Competition, Platter’s South African Wine Guide ‘Winery of the Year’, and Diners Club ‘Winemaker of the Year’, amongst others.Interact with Nederburg on social media using the hashtags: #Nederburg #Paarl #CapeWinelands #MostAdmiredWineBrands #AwardsAdvertisement Facebook ReddIt Linkedin Home Industry News Releases Nederburg on Top 50 List of World’s Most Admired Wine Brands AgainIndustry News ReleasesWine BusinessNederburg on Top 50 List of World’s Most Admired Wine Brands AgainBy Press Release – March 18, 2019 244 0 Share Previous articleMaryland Wineries Return to Laurel Park for DecanterNext articleRabobank Announces Plan to Strengthen U.S. Rural Banking Business Press Releaselast_img read more

Pandemic Alcohol Stock-Up Skews Toward Wine

first_imgLinkedin Share ReddIt Previous articleWhitecliff Wines of New Zealand Launches in U.S.Next articleWinesecrets Offers Vira-Proof, Specialty Sanitation Product Editor Pinterest Email Twitter Facebook AdvertisementConsumers have been stocking up in preparation for an extended COVID-19 pandemic and sheltering in place. Most of the purchases have of course been focused on perishables and toilet paper, but alcoholic beverages have also seen a significant lift with wine shaping up to be a preferred beverage for isolation.Nielsen’s total U.S. off-premise sales for wine grew +27.6%, spirits +26.4% and beer/flavored malt beverages/cider +14% in the week ending March 14, 2020 vs. the same week one year ago. Though wine is only growing slightly more than spirits, these numbers are a remarkable turn compared to the trends.For the 13-week time period ending January 25, the beer/flavored malt beverage/cider category was growing at +5%, wine was nearly flat at +0.6% and spirits grew at +3.8%.“While Beverage Alcohol categories are all experiencing double digit growth, they lag growth rates for total consumer goods,” says Danelle Kosmal, our VP of Beverage Alcohol at Nielsen. “For the week ending March 14, when many consumers were stocking up on perishables, cleaning products and toilet paper, total consumer goods grew by 40% in Nielsen all U.S. outlet channels. To me, this is an indication that Beverage Alcohol is important to consumers, but other consumer goods categories are being prioritized, at least for now. As more and more on-premise locations close, I think we will continue to see off-premise sales for beer, wine and spirits grow even more, and closing the gap with other consumer goods.”Though all price tiers and package sizes saw growth a few outperformed the pack. The price segment that did best was $11-$25 on an equivalent 750 ml.In the theme of stocking up, large pack sizes performed exceedingly well with 3L boxed wine growing +53% and 24-packs of beer at +24%. Even the 1.5L glass segment that had been in decline saw gains of almost +20% in this single week vs. the same period one year ago. Canned wines, which was already performing well, grew by +95%.Though it remains to be seen how alcoholic beverages sales perform through an extended pandemic shutdown, at least these are good early signs for wine.By Kim BadenfortAdvertisement TAGSCoronavirusKim Badenfortnielsen Home Wine Business Editorial Pandemic Alcohol Stock-Up Skews Toward WineWine Business EditorialPandemic Alcohol Stock-Up Skews Toward WineBy Editor – March 25, 2020 1976 0 last_img read more

How Did Religion “Evolve”?

first_imgNeuroscience & Mind How Did Religion “Evolve”?Michael EgnorApril 23, 2019, 4:19 AM “A Summary of the Evidence for Intelligent Design”: The Study Guide Email Print Google+ Linkedin Twitter Share Michael EgnorSenior Fellow, Center for Natural & Artificial IntelligenceMichael R. Egnor, MD, is a Professor of Neurosurgery and Pediatrics at State University of New York, Stony Brook, has served as the Director of Pediatric Neurosurgery, and award-winning brain surgeon. He was named one of New York’s best doctors by the New York Magazine in 2005. He received his medical education at Columbia University College of Physicians and Surgeons and completed his residency at Jackson Memorial Hospital. His research on hydrocephalus has been published in journals including Journal of Neurosurgery, Pediatrics, and Cerebrospinal Fluid Research. He is on the Scientific Advisory Board of the Hydrocephalus Association in the United States and has lectured extensively throughout the United States and Europe.Follow MichaelProfile Share Recommended TagsadaptationAfricaapesatheistsBarbara FruthBBCbirth controlbonobosBrandon AmbrosinochimpanzeeschristianschurchcommunionDarwinismEasterEucharistevolutiongenetic fallacygreat apeshumansJane Goodalljesuslast common ancestorLast SupperMassmaterialistsmealsmonkeysneocortexOn the Origin of SpeciespsychologyreligionSapiens (magazine)savannahThis Is My Body,Trending Origin of Life: Brian Miller Distills a Debate Between Dave Farina and James Tour Congratulations to Science Magazine for an Honest Portrayal of Darwin’s Descent of Man Email Print Google+ Linkedin Twitter Share It’s not easy being a contributor to Evolution News. To wit, on Easter morning I had to read this bilge from the BBC:How and why did religion evolve?“This is my body.” These words, recorded in the Gospels as being spoken by Jesus during the Last Supper, are said daily at Church services around the world before the communion meal is eaten. When Christians hear these words spoken in the present, we’re reminded of the past, which is always with us, which never goes away. Just how much past are Christians reminded of? … “Think of uber pro-social hunter-gatherers having a meal,” one of my theology professors told me when I wondered about the deep evolutionary history behind the Eucharist. “The hunters feel proud to have done well and shared with their family; those who prepared the food are recognised and appreciated; everyone’s belly is getting filled and feeling good; and so many positive social interactions are taking place. No wonder so much mythological content is built up around the meal.”Sharing a meal is nice. Ergo, religion. It seems that apes like meals too:But food-sharing even predates our Homo ancestors, and is currently observed in chimpanzees and bonobos. In fact, one recent paper even documented research of bonobos sharing food with bonobos outside of their own social group. Barbara Fruth, one of the study’s authors, told the digital magazine Sapiens that meal-sharing “must have its roots in our last common ancestor”. Based on the molecular clock, the last common ancestor, or LCA, of humans and Great Apes lived about 19 million years ago. When I hear the words “This is my Body,” then, my mind immediately launches into a race to the evolutionary starting line, if you will.I think of other things when I hear “This Is My Body.”An Adaptation or a Spandrel?The author, journalist Brandon Ambrosino, wanders off into a discussion as to whether religion is an adaptation or a spandrel. Does belief in God arise because it helps us in the struggle for reproductive fitness (“Don’t use that birth control, honey!”) or because, while it is adaptatively neutral, it is linked to adaptation (“I met a really cute girl at Mass today!”). Of course, if Darwinism is true, how is one to know? “Natural selection” has no mind and thus no purposes, and adaptation is really just the consequence of internal biological constraints and natural history. So evolutionary “research” is just story time, not much different from fables told to children except that you (the taxpayers) pay for the stories. The meter is always running.  Apes on the SavannahAmbrosino prattles on about apes on the savannah:As our ape ancestors moved from receding forest habitats to more open environments, like the savannahs of eastern and southern Africa, Darwinian pressures acted on them to make them more social…He wanders into neuroscience:Although the neocortex figures prominently in many theories of the evolution of religion… the more important alterations concerned the subcortical parts of the brain, which gave hominins the capacity to experience a broader range of emotions. These enhanced emotions promoted bonding, a crucial achievement for the development of religion…And he meanders into ape psychology:[T]he promotion of solidarity requires positive emotions — so natural selection had to find a way to mute the negative emotions and enhance the positive ones, Turner says. The emotional capacities of great apes (particularly chimpanzees) were already more elaborate than many other mammals, so selection had something to work with.A surprising amount is known about prehistoric ape psychology (Leakey must have found some fossilized psychologists’ notebooks)!Second-order elaborations are even more complex, and occurred in the evolution from Homo erectus (1.8 million years ago) to Homo sapiens (about 200,000 years ago). Guilt and shame, for example, two crucial emotions for the development of religion, are the combination of sadness, fear, and anger.He quotes primatologist Jane Goodall about ape “spirituality” (I kid you not):These observations have led her to conclude that chimpanzees are as spiritual as we are. “They can’t analyse it, they don’t talk about it, they can’t describe what they feel. But you get the feeling that it’s all locked up inside them and the only way they can express it is through this fantastic rhythmic dance.”Apes are certainly reticent to talk about their faith. Primatology research never rests. Religion is an embodied phenomenon because the human religious way of being has evolved for millions of years as the bodies of our ancestors interacted with the other bodies around them. Whether or not one takes communion or even feels religious, we are at all times navigating our social worlds with our evolved capacities to play, to empathise, and to celebrate rituals with each other.After tedious digressions into ape piety and neocortical enhancement, Ambrosino sums it up.Apes have bodies and do stuff. So do people in church. Ergo, religion evolved. *Sigh*.The Genetic Fallacy Of course, the unspoken predicate of evolutionary theories of religion is that explaining religious belief as evolved behavior in some way tells against God’s existence. This silly argument is merely the genetic fallacy — the fallacy that the truth or falsehood of a claim (“God exists”) is determined by the origin of that claim (“religion evolved”). The preponderance of evidence regarding human adaptation and biology would seem to suggest the opposite: we have senses and perceptions that enable us to connect to reality. So religious belief enables us to connect to reality — to God — in an analogous manner. But all of this presupposes that evolutionary arguments about the origin of religion are scientific and logical, which they are not. It’s telling that one kind of evolution always seems to be missing from these “theories” about the evolutionary origins of religion. How did atheism evolve? Surely godlessness had its origins in neocortices of impious apes. Why did some apes evolve to become materialists, Darwinists and atheists? It certainly seems maladaptive — it’s doubtful that contemplating the Origin of Species makes you more fecund. Perhaps it was the autistic apes that became atheists — atheism is blindness to the Mind behind nature. That makes some sense. Evolutionary science marches on. Photo: This ape is shy about discussing spirituality, by Dominik Scythe via Unsplash. Requesting a (Partial) Retraction from Darrel Falk and BioLogos Jane Goodall Meets the God Hypothesis A Physician Describes How Behe Changed His MindLife’s Origin — A “Mystery” Made AccessibleCodes Are Not Products of PhysicsIxnay on the Ambriancay PlosionexhayDesign Triangulation: My Thanksgiving Gift to Alllast_img read more

Fourth funeral underway following Road tragedy

first_imgAudioHomepage BannerNews Fourth funeral underway following Road tragedy By News Highland – January 31, 2019 Pinterest The funeral is taking place of Daniel Scott, the last of four friends killed in a collision near Gortahork on Sunday night to be laid to rest.Earlier this afternoon, the funeral took place of John Harley, whi;e this morning, Micheál Roarty and Shaun Harkin were buried.At John Harkin’s funeral Father James Gillespie spoke of going to the family home just hours after the news broke……………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/01/frjames3pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Earlier, speaking at Shaun Harkin’s mass Fr. Sean Gallagher paid tribute to the local community………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/01/frgall3pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Important message for people attending LUH’s INR clinic Previous articleSeanad told iCare and Bluestacks taken for grantedNext articleMain Evening News, Sport and Obituaries Thursday January 31st News Highland RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ Google+center_img Twitter WhatsApp Community Enhancement Programme open for applications Loganair’s new Derry – Liverpool air service takes off from CODA Twitter Arranmore progress and potential flagged as population grows Publicans in Republic watching closely as North reopens further Nine til Noon Show – Listen back to Monday’s Programme Facebook Pinterestlast_img read more

News / New alliance a ‘serious counterweight’ to dominant groups on Asia-Europe box trade

first_img© Nils Prause Hapag-Lloyd, the largest container line in the proposed THE Alliance, was the only one of the six-member agreement to record an operating profit in the first three months of the year, Alphaliner said today.The German line managed $5m of EBIT, whereas Hanjin, K Line, MOL, NYK and Yang Ming all suffered after being hit by falling freight rates and weak cargo growth.The next best performer in the group was NYK, which posted an EBIT loss of $10m, while the worst was Yang Ming, which came in $109m in the red.However, in terms of net profit, Hapag-Lloyd also turned negative in the quarter, posting a loss of $47m versus a profit of $144m in Q1 2015. According to Alphaliner, THE Alliance will have a projected Asia-Europe market share of 30%, with a capacity of 118,500 teu. This compares with the Ocean Alliance’s 35% share (138,140 teu) and the 2M’s 34% (131,130 teu). The remaining 1% market share will be taken by “others”.On the transpacific trade, the Ocean Alliance is the biggest grouping at 163,720 teu capacity, with a 39% market share, followed by THE Alliance, also with 39% but with slightly less capacity at 161,530 teu.The 2M partners have just 16% of capacity at 65,960 teu, while nonaligned carriers make up 6% with 27,100 teu.“The new THE Alliance will present a serious counterweight to the 2M and the Ocean Alliance on the east-west corridors,” said Alphaliner.Indeed, if UASC also joins THE Alliance – either via a merger with Hapag-Lloyd or in its own right – which Hapag-Lloyd last week said was “anticipated”,  then this would push the grouping’s overall capacity to more than 4m teu.Despite some suggestion in the trade that merger discussions had reached an advanced stage, Alphaliner cautioned that the prospects of a tie-up “could be difficult to achieve”, because of the “current weak valuation of Hapag-Lloyd’s publicly traded shares and the difficulty of valuing UASC’s contribution to a merged entity”.Since its IPO on 6 November, Hapag-Lloyd’s share price has struggled to reach its launch price of €20 and is currently trading at a 55% discount on the carrier’s book value, noted the consultant.The German carrier said on 21 April that the basis of the discussion was on a “relative valuation of the two businesses, at 72% Hapag-Lloyd and 28% UASC”. However, there has been no official comment from UASC to date.Meanwhile, Hyundai Merchant Marine (HMM), excluded from the new alliance because of its parlous financial situation, faces an anxious wait to see if its creditors will accept the terms of a restructure, despite several shipowners still refusing to cut charter rates by 30% on its time-chartered ships – a key condition of the bail-out.center_img By Mike Wackett 18/05/2016last_img read more

Georgia Ports Chief Predicts Record Growth In Fiscal 2017

first_img Legal Advocate Discusses Medical Abuse At Shut Down Georgia ICE Facility Like us on Facebook Total cargo moving through the two ports is expected to top the nearly 32 million tons (29 million metric tons) of imports and exports Georgia saw in fiscal 2015, the ports’ busiest year ever, said Griff Lynch, the authority’s executive director. He also predicted the Port of Savannah should surpass the record 3.6 million container units it saw two years ago.The big numbers Georgia ports posted in 2015 resulted from a temporary surge in business when labor woes on the West Coast caused shippers to divert much of their cargo to ports on the East Coast. Lynch said business during the first 10 months of the current fiscal year, which ends June 30, has raced ahead without the extra help.“What we have going on here is just true, organic growth,” Lynch said during the port authority’s monthly board meeting Monday. “We’re heading toward a record for the year if May and June come in with solid numbers.”He credited larger ships carrying heavier loads arriving via the Panama Canal, which completed a major expansion last summer. Increases in both imports and exports indicate a healthier economy is also fueling growth, Lynch said.For the first 10 months of the current fiscal year, total cargo tonnage handled by the Savannah and Brunswick ports is up 7.5 percent compared to the same period last year.Most of the growth has come from increased traffic in containers, big metal boxes used to ship goods from consumer electronics to frozen chickens. Savannah, the fourth-busiest U.S. container port, has already handled a whopping 3.16 million container units since July 1. Savannah surpassed 3 million containers in a single year for the first time in fiscal 2014.The latest numbers don’t include the boost Savannah saw from the COSCO Development, the largest cargo ship ever to visit the U.S. East Coast. Dock workers loaded and unloaded 5,500 total containers of imports and exports using six cranes alongside the giant ship after its arrival May 11.More big ships are on the way. The OOCL France, which has a slightly larger cargo capacity than the COSCO Development, is scheduled to call on Savannah on June 2. Georgia’s seaports in Savannah and Brunswick are on track to show record growth for the 2017 fiscal year that wraps up at the end of June, the chief executive of the Georgia Ports Authority said Monday. Add to My List In My List Share Related Stories For Whom The Bell Rings ‘It’s Fractured’: Georgia Lt. Gov. Geoff Duncan On Healing Republican Partylast_img read more