New Boxships Drive Ocean Yields Earnings up

first_imgzoom Norwegian ship-owner Ocean Yield ASA has seen its net profit reach USD 36.8 million in the first quarter of 2017, compared to USD 18.6 million seen in the corresponding period in 2016.The company’s revenues for the period increased to USD 78.6 million from USD 66.1 million reported in the quarter ended March 31, 2016, positively affected by delivery of another two container vessels during the quarter.“We are pleased to present the results from Q1 2017, with the 14th consecutive quarterly increase in dividends and a strong net profit, despite lower earnings from the Lewek Connector,” Lars Solbakken, CEO of Ocean Yield ASA, said.In February 2017 the bareboat charter for the vessel Lewek Connector was terminated by Ocean Yield and a new four-month charter at a reduced rate was agreed.Following the termination of the bareboat charter, Ocean Yield has agreed with the lenders financing the vessel Lewek Connector, that the lenders remove any requirements in the loan agreement related to the bareboat charter of the vessel, against a partial prepayment of five future instalments, in total USD 15.2 million.“After a period with soft market conditions in both shipping and offshore, we are of the opinion that we have passed the bottom of this cycle in several shipping and offshore segments. We are therefore actively pursuing new investment opportunities in order to further expand our portfolio of vessels on long-term charter,” Solbakken added.In February and March 2017, Ocean Yield took delivery of the fifth and sixth mega-container vessels from Samsung Heavy Industries, named MSC Rifaya and MSC Leanne, with fifteen-year charters to a major European container line. These were the final container vessels in a series of six newbuildings where Ocean Yield owns 49.5% through Box Holdings Inc.At the end of the first quarter of 2017, Ocean Yield had 33 vessels delivered and one newbuilding gas vessel scheduled for delivery in June or July 2017.last_img read more

Will Nick Foles Be The Eagles Jeff Hostetler Or Their Connor Cook

Elo’s dumbest (and smartest) picks of Week 14Average difference between points won by readers and by Elo in Week 14 matchups in FiveThirtyEight’s NFL prediction game The scoring system is nonlinear, so readers’ average points don’t necessarily match the number of points that would be given to the average reader prediction. YEARTEAMQUARTERBACKWINSBACKUP QBTEAM PLAYOFF RECORD HOU76%HOU64%SF 26, HOU 16+13.9– 2016OaklandDerek Carr12Connor Cook0-1 CIN71CIN71CHI 33, CIN 7-1.2– DAL61DAL67DAL 30, NYG 10+1.9– DEN50NYJ55NYJ 0, DEN 23-7.9– TB50DET57DET 24, TB 21+4.2– Source: ELIAS Sports Bureau, Pro-Football-Reference.com BUF72BUF69IND 7, BUF 13-3.9– 2005ChicagoKyle Orton10Rex Grossman0-1 There’s some hope here for Foles and the Eagles in the form of Jeff Hostetler, who stepped in and led the 1990 Giants to a Super Bowl victory after New York lost starting quarterback Phil Simms to a fractured foot in Week 15. Granted, that New York team rested heavily on their defense to claw them to glory — and last time we checked, the Eagles don’t have Lawrence Taylor. The Giants gave up the fewest points in the league that year and succeeded by not asking Hostetler to do too much.With this in mind, Philly should probably channel any remaining optimism toward its defense, which ranks fifth in the league in points allowed this season. Since he took over the defensive playcalling in 2016, Jim Schwartz has quickly turned his unit into one of the top defenses in the NFL: The Eagles ranked 18th in defensive EPA the season before Schwartz took over and rank fourth in the league through 13 games this year. The D could be the team’s best hope of making a deep run in January.The 2017 season might be remembered as “the year of the injured quarterback,” and in Week 14, it was Philadelphia’s turn feel the bite. The Eagles will be fine with Wentz as their franchise quarterback of the future, but in the present, Philly fans can only hope their team mimics the 1990 Giants and their defense comes through for them.FiveThirtyEight vs. The ReadersWeek 14 in our NFL predictions game — in which we invite you to outsmart our Elo algorithm — saw the readers suffer three heavy defeats. The Chiefs rebounded from four straight losses to beat the Raiders, which gave the readers a net loss of 10.4 points. Miami shocked New England on Monday night and won at home 27-20 to give the readers a loss of 11.5 points. And on Thursday night, the readers incorrectly predicted that the Saints would beat the Falcons, handing them a net loss of 11.7 points. There was only one victory over our Elo algorithm in which the readers scored double-digit points: San Francisco beat Houston 26-16, and because the readers had less confidence in the Texans than Elo did, the readers netted 13.9 points.Make sure you get your Week 15 predictions in early, and thanks for playing! 2015CincinnatiAndy Dalton10A.J. McCarron0-1 LAR52PHI52PHI 43, LAR 35+2.1– TEN53TEN57TEN 7, ARI 12-6.0– 1990ChicagoJim Harbaugh10Mike Tomczak1-1 SEA53SEA55SEA 24, JAX 30-4.2– PIT71PIT70BAL 38, PIT 39-3.1– Will Nick Foles keep Philly flying?Quarterbacks that won at least 10 games in a season for their playoff-bound teams but didn’t make a playoff start, since 1970 MIN53MIN58MIN 24, CAR 31-8.1– LAC69LAC68WAS 13, LAC 30-2.5– 2012MinnesotaChristian Ponder10Joe Webb0-1 OUR PREDICTION (ELO)READERS’ PREDICTION 1999BuffaloDoug Flutie10Rob Johnson0-1 KC67KC57OAK 15, KC 26-10.4– When Carson Wentz entered the blue sideline tent of doom on Sunday, he took close to 60 years of unfulfilled football dreams in Philadelphia with him. At that moment, the 10-2 Eagles had just taken a lead on the road against one of the NFC’s best teams. Shortly thereafter, the second-year quarterback limped down the tunnel at L.A. Memorial Coliseum, forcing backup quarterback Nick Foles to take over for the remainder of the game. In just a few minutes, the Eagles’ unexpected dream season was seemingly cut down by hard luck — something that comes with the territory in Philadelphia.We now know that Wentz tore the ACL in his left knee and will miss the rest of the season. It’s a huge blow to the Eagles’ Super Bowl hopes, and they’ll have to lean on someone other than Wentz and his MVP-caliber offense. The sophomore quarterback has been so good this season that the Eagles ranked third in the league in offensive expected points added — behind only the Patriots and Saints — and his 33 touchdown passes through 13 games are third-most in NFL history for quarterbacks in their first or second year, behind only future Hall of Famers Dan Marino and Kurt Warner.Fortunately for Doug Pederson’s men, the win over the Rams secured a playoff berth with three weeks to spare, and their remaining games against the Giants, Raiders and Cowboys should give Foles enough time to feel comfortable as the leader of a playoff team again. Foles is uniquely familiar with this position: In Week 5 of 2013, he was forced into action when starter Michael Vick suffered an injury. Foles became the unlikely savior that year, as he steered the Eagles to an 8-3 record for the remainder of the season and a wild-card berth. Along the way, he compiled an eye-popping passer rating of 119.2, the third best in NFL history, and a touchdown-to-interception ratio of 13.5, the second-best of all time.While there’s little doubt over whether Philly will bypass the wild-card round — one more regular-season win will secure a first-round bye for the Eagles — let’s not kid ourselves about their overall playoff chances: History is not on Philadelphia’s side. No one is expecting Foles to repeat his 2013 performance and keep the team’s run going. We’ve seen this scenario unfold before. In fact, a backup being thrown into the fire of playoff football is quickly becoming an annual NFL tradition. Last year, Connor Cook, a third-stringer, started his first game ever for the Raiders, who lost star Derek Carr (then backup Matt McGloin) as their dream season turned into a nightmare. And two seasons ago, Alabama-star-turned-professional-clipboard-holder A.J. McCarron started a wild-card game for Cincinnati in the wake of the Bengals losing Andy Dalton in Week 14.As expected, this usually doesn’t go well. Cook and McCarron both lost in the playoffs, posting passer ratings of 30 and 68.3, respectively. Neither has started a game since. In total, Wentz will be one of only eight quarterbacks in the Super Bowl era to win 10 or more games for a future playoff team and not appear in the postseason, according to the Elias Sports Bureau. Among the backups for these teams, only two won at least one playoff game. GB77GB76GB 27, CLE 21-3.2– 2017PhiladelphiaCarson Wentz11Nick Foles? Check out our latest NFL predictions. 1990N.Y. GiantsPhil Simms11Jeff Hostetler3-0 ATL56NO54NO 17, ATL 20-11.7– NE81NE87NE 20, MIA 27-11.5– PICKWIN PROB.PICKWIN PROB.RESULTREADERS’ NET PTS read more

Google looks to leave passwords behind for a billion Android devices

first_imgThe change will affect devices running Android 7 and up, which accounts for half of all Android users.  James Martin/CNET Your Android passwords could one day go the way of the floppy disk. Google and the Fast Identity Online Alliance said Monday that Android is now FIDO2-certified, meaning its devices can use fingerprints and security keys for logging in to accounts instead of passwords. The certification was unveiled at Mobile World Congress in Barcelona, Spain.The change will only affect devices running Android 7 and up, which accounts for half of all Android users. Nothing is needed for the billion Android devices to get the added security. It’ll be available out of the box or with an automatic Google Play Services update, the FIDO Alliance said.Using fingerprints or security keys as passwords was already available for a handful of apps on Android, primarily for banking and other financial services. The change opens security features to any Android developer, allowing for password-less logins on the operating system’s mobile browser and apps.Passwords are the keys to your digital lives, allowing access to accounts managing your finances, your social life and more. The problem is, they aren’t very secure gatekeeper because hackers can easily steal your credentials and sell them in data dumps. They’re even more ineffective if you use the same password for multiple accounts, as highlighted by reports that TurboTax account information was accessed using passwords from other accounts. The Best Password Managers of 2019 Comments Mobile World Congress 2019 Jun 1 • The Nubia Alpha looks like either a house arrest bracelet or Batman’s phone Jun 29 • Galaxy S10 5G, OnePlus 7 Pro LG V50 ThinQ 5G: Why you shouldn’t rush to buy a 5G phone May 13 • Galaxy S10E vs. iPhone XR: Every spec compared Tags Here’s how to use Google’s Password Checkup tool Jul 9 • Killer cameras and battery life might meet their match in the Note 10 Google Computers have also become so powerful that they can easily guess complicated passwords within a matter of hours by entering every possible combination.That’s why security industry professionals want to move past passwords, using tools like biometrics and security keys instead. Unlike passwords, fingerprints and security keys are much harder to steal online, and with the FIDO2 standard, they’re protected against phishing attacks. “With this news from Google, the number of users with FIDO Authentication capabilities has grown dramatically and decisively,” Brett McDowell, executive director of the FIDO Alliance, said in a statement. “Together with the leading web browsers that are already FIDO2 compliant, now is the time for website developers to free their users from the risk and hassle of passwords and integrate FIDO Authentication today.”Google Chrome, Microsoft Edge and Mozilla Firefox already support the FIDO2 standard.The security standard checks when you log in to make sure it’s the real page and not a fake site designed to fool you. Hackers frequently spoof pages as Google showcased several fake support pages that looked identical to the real ones. In a 2016 survey from TeleSign, the security company found that 72 percent of companies plan to stop using passwords in the next 10 years, moving to biometrics and two-factor authentication. It’s the same vision for Google, which created its own security key in July, and experts believe fingerprints are the most popular replacement for passwords.  center_img Now playing: Watch this: Mobile Security Related Content Share your voice • See All 52 Mobile World Congress 2019 reading • Google looks to leave passwords behind for a billion Android devices 1:15last_img read more

After Nolen Gur honey mustard sauce tubes to hit market soon

first_imgKolkata: The Indian Institute of Packaging (IIP) will take another two months to finalise packaging of honey and mustard sauce (kasundi) that will be introduced in tubes by West Bengal Khadi and Village Industries Board (WBKVIB).”We have received samples of both honey and mustard sauce from WBKVIB and are examining the same. We have received 200 sample packets of each and believe that their shelf lives can be retained for a reasonable period in packaged tubes. We are in the final stage of examination,” said Bidhan Das, deputy director, IIP Kolkata. The shelf lives of the two products will be mentioned clearly on the tubes that will be developed by IIP. Also Read – Rain batters Kolkata, cripples normal lifeIt may be mentioned that IIP was instrumental in developing the toothpaste-styled Nolen Gur tube more than two and a half years ago.The WBKVIB in last year’s December came up with a state-of-the-art common production centre (CPC) for Nolen Gur at Krishnaganj in Nadia district. The machine that was procured from Ahmedabad with an investment of around Rs 2.5 crore is presently packing jaggery in 30 tubes within a minute.”We have witnessed that if the machine works 8 hours a day, it can produce 14,400 such tubes in a day. If it works for 4 months, which is the usual time when date palm jaggery is available, it will shell out 14.4 lakh tubes. In the remaining period, the machine will be utilised in making tubes of honey and mustard sauce. This will ensure that the machine remain operational through out the year,” the official added. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedNolen Gur tubes, which has a shelf life of 180 days, are available in 100 gm and 150 gm packs at the Biswa Bangla and Khadi stores in Kolkata and also with leading sweets chains. The price is Rs 50 for 100 gm and Rs 70 for 150 gm. Apart from domestic customers, Nolen Gur tubes are very much in demand among foreigners visiting the city. “We are hopeful that mustard sauce and honey will also have good demand,” said Mrityunjoy Bandyopadhyay, CEO of WBKVIB.last_img read more

Education dept to bid farewell to waiting lists adopt online declaration of

first_imgKolkata: The state Education department is all set to introduce online procedure for declaration of vacancies and will also do away with the existing system of publication of waiting list.”We have gone through all School Service Commission (SSC) related documents. We are ushering in change in the SSC rules with the aim to have more transparency in the system. The schools would upload their vacancies online and the School Education department would allot teachers accordingly. This system would do away with the role of district inspectors, who presently forward the schools’ vacancy lists to the department,” said state Education minister Partha Chatterjee at the state Assembly, after placing the Budget for School Education and Higher Education department for 2019-20. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataDuring his budget speech, Chatterjee said that his department has proposed a revision in the rules of SSC and Teachers’ Eligibility Test (TET) for transparency and fast-tracking of teachers’ recruitment. Chatterjee said in the Assembly that if things go as per plans, the rules will come into effect before the next SSC examination. The proposed revised SSC rule has been sent for Cabinet approval and is expected to be introduced from the next examination onwards. Also Read – Lightning kills 8, injures 16 in stateAccording to the minister, the selection of candidates would be carried out through the process of elimination and the department would publish only the list of selected candidates. “There is no reason for publishing any waiting list,” he told reporters in his chamber later. For a vacancy of 10 teaching posts, the merit list would now include the names of exactly 10 candidates. At present, the names of 14 candidates are published against 10 vacant posts. The minister maintained that his department has already rationalised the teacher-student ratio in Dooars and in three remote islands in Sunderbans. “We will also give protection to in-service teachers,” he added. Chatterjee pointed out that in 2011, there were 1,09,794 primary teachers and in 2019, the figure has gone up to 2,16,381. In the upper primary level, there were 1,16,051 teachers in 2011 and in 2019, there are 1,13,936 teachers, while another 14,000 will be recruited soon. He further said that guest lecturers will get weightage in the College Service Commission examination, if they are eligible under the UGC norms. There are 2,500 guest lecturers that have been recruited by the managing committees of colleges without the state government’s permission. Out of these guest lecturers, 40 percent qualify the UGC eligibility norms.last_img read more

Tech Tools for Entrepreneurs

first_img How Success Happens Hear from Polar Explorers, ultra marathoners, authors, artists and a range of other unique personalities to better understand the traits that make excellence possible. All In One: Data protection and system maintenance are two important goals of Symantec’s Norton SystemWorks 2006. A dashboard-style interface makes sure that any computer user will feel comfortable with the program and not have to face a steep learning curve to get the most out it. The package includes Norton GoBack, a program that can roll your system back to before a problem installation or an unwanted program took its toll. Norton CleanUp helps you get rid of unwanted files, and Norton AntiVirus and a system optimization solution come bundled as well. SystemWorks 2006 costs under $70, and a Premier version with even more features is available for just under $100. Visit www.symantec.comfor more information.Flat Out Worth It: Flat-panel monitors are more affordable than ever. Case in point: Hewlett-Packard’s L1706. For $319, you get a clean, silver design with a wide 140-degree viewing angle, 1,280 x 1,024 resolution, a range of tilt settings and a detachable base. There’s no pivot capability, but that’s to be expected in this price range. If you want, you can add an attachable USB speaker bar for $35. The three-year warranty with on-site service is a nice benefit that will help keep you working with mini-mal interruptions should anything happen. A 48-hour exchange is also available under the warranty. For more details, stop by www.hp.com.The Upper Hand: The Palm TX has just about everything you might need in a Palm-powered PDA, all for less than $300. Here’s the list: a high-resolution 320 x 480 color screen, 128MB memory, a 312MHz processor and an expansion card slot that can accommodate Multi-MediaCard, SD and SDIO formats. Best of all, it comes with built-in Bluetooth and Wi-Fi to make it a truly flexible wireless device. The Palm TX weighs 5.25 ounces and includes the Documents to Go software suite. That lets you take your Excel, PowerPoint and Word files with you on the road. Some of the Mac functionality is a little limited, but Windows users can take full advantage of the many software features. Stop by www.palm.comfor complete details and an in-depth product tour of the TX. Opinions expressed by Entrepreneur contributors are their own. 2 min read March 20, 2006 Listen Nowlast_img read more