ESL Shipping’s Crane Issues on New Vessels Mainly Fixed

first_imgSerious technical problems with cranes aboard ESL Shipping’s new LNG-fueled bulkers have been mainly fixed, according to the company’s parent, Aspo Group.Aki Ojanen, CEO of Aspo Group, said that the new ships “were disappointments” as their cranes remained inoperable throughout the first quarter, and they were unable to operate as planned.At the end of the period, crane manufacturer Cargotec MacGregor informed that it had mainly returned the cranes operational.The installation and testing of the autonomous crane system were postponed to the second quarter of the year due to warranty repairs.The extensive and serious problems in the conventional mechanics of all the cranes aboard the ships have affected the company’s profitability in the first quarter of 2019. The issues resulted in significant loss of income and additional costs for the shipping company as ESL Shipping had to identify other transportation options with a lower profitability during the repairs.ESL Shipping however ended the quarter with an increase in its operating profit, driven by higher transportation volumes and the earnings of the acquired Swedish shipping company [email protected] profit for the quarter was up at EUR 3.2 million, compared to 2.6 million reported in the same period in 2018. The operating profit rate for the period was 7.3%, which is low considering the long-term target, the company explained.Net sales increased by 113% from the comparative period and stood at EUR 43.7 million, up from EUR 20.5 million, as a result of the vessel capacity brought by the [email protected] acquisition, the deployment of the two new LNG-fueled vessels and higher transportation volumes.The cargo volume carried by ESL Shipping during the first quarter amounted to 3.6 million tons, rising from 2.5 million tons handled a year earlier.Looking forward, ESL Shipping expects the financial performance of the new LNG-fueled vessels to reach the targeted level starting from the second quarter.Uncertainties associated with the development of the cargo markets are expected to have the most significant impact on the performance of the shipping company’s largest Supramax vessels in 2019.Most of the use of the shipping company’s transportation capacity has been secured in the Baltic Sea and Northern Europe through long-term agreements. The current forecasts of general transportation volumes of contractual partners are satisfactory in the key customer segments, even though there are uncertainties in demand due to the political situation and increased economic uncertainty.last_img read more

GCB NSSCL 2016… Dindyal stars again for Diamond Secondary with brilliant 96

first_img…Tucville, Lodge, Saraswat and Enterprise record comfortable winsTWELVE year- old Mavendra Dindyal of Diamond Secondary starred again with bat and ball to spur his team to victory and book their place in the East Bank Demerara zone final of the 2016 edition of the Guyana Cricket Board (GCB) National Secondary Schools Cricket League (NSSCL).In the match played at the GCC ground, the diminutive Dindyal, opening the batting for Diamond followed up his 82 in the first match with a masterful 96 as he helped his team to 184/8 in 30 overs. Dindyal struck 8 fours and one six while executing some lovely shots to all parts of the ground.He batted with maturity beyond his age until he was run out attempting a second run off the last ball of the innings.Mark Fredericks was the only other batsman to offer support with 29. Bowling for Soesdyke, Leron Crawford had figures of 3/49 while Neeraj Khan took 2/16.In reply, Soesdyke were dismissed in the 22nd over for 115. Ridge Rajaram top scored with 38 and Leron Crawford made 22. Bowling for Diamond, Anil Singh had 5/14, Phillip McTork took 2/19 and Dindyal returned with his off spin to take 2/20.In other matches played:At Everest ground , Tucville Secondary amassed 182/6 in 20 overs. Godfrey Phillips struck 66 and Leon Chesney made 36. Aaron Glasgow had 2/17 bowling for David Rose Secondary.David Rose then folded for 49 all out in 12.3 overs with Marlon Bowling doing the damage as he took 3/11.At GNIC ground: Lodge Secondary thumped South Ruimveldt Secondary after amassing 207/3 in just 20 overs. Shemar Smith top scored 74 including two fours and eight sixes while Omali Barker made 71 not out hitting 3 fours and 6 maximums.The hapless South Ruimvledt batsmen barely manage 51 runs as they only lasted 10 overs. Bowling for Lodge, Troyston Louzsi took 3/15 and Shemar Smith had 3/6 to complete an excellent all round performance.Over at the Zeeburg ground , Saraswat made 192 all out in 27.5 overs with Mohan Seepersaud making 67 while Kevin Latchoo and Rajesh Rampersaud made 29 and 27 respectively.Windsor Forest Secondary could only make 60 all out in their reply. Dinesh George and Joshua Reddy took 3/8 and 3/16 respectively.Meanwhile at the Enterprise ground, Enterprise Secondary racked up 169/3 in 20 overs with Hemnauth Dindyal hitting 67 and Edmond Person scoring 47 not out.Annandale PIC were then routed for a paltry 25 in 11.1 overs as Yogendra Samarooand and Bryan Sooku had identical figures of 2/2 while Rajendra Niranjan took 2/12.The NSSCL continues today with Lodge Secondary taking on East Ruimveldt Secondary at the GCC ground in a South Georgetown zone fixture while Annandale Secondary play Bladen Hall at Enterprise. Diamond Secondary will face Friendship Secondary in the East Bank Demerara zone final tomorrow at the Everest ground from 10:00 hrs.last_img read more

England name Australian Keightley as women’s team head coach

first_imgLONDON (Reuters) – England named Australian Lisa Keightley, the first woman to score a century at Lord’s, as the first full-time female head coach of their women’s cricket team on Wednesday.The 48-year-old Western Australia and Perth Scorchers coach will take over in January from interim coach Alistair Maiden, who was put in charge after Mark Robinson left in August.“I’m massively excited,” said former international Keightley who was appointed head coach of London Spirit in The Hundred but will now vacate that role.“It’s a huge opportunity. It’s a team full of world-class players and to be given the chance to work with some of the players who I worked with a few years ago is really exciting.“I can’t wait to get started and see where we can get to.”Keightley, who was a top-order batsman and occasional bowler, played nine tests and 82 one-day internationals for Australia from 1995 to 2005. She ended her ODI career with an average of 39.84 runs and a top score of 156 not out.England’s women’s team are the reigning 50-overs world champions and Keightley would be expected to mastermind a triumphant campaign in next year’s Twenty20 World Cup in Australia.“Lisa was the stand-out candidate from a varied and highly talented group of applicants,” ECB Managing Director of Women’s Cricket Clare Connor said.“I am excited about the progress our sport continues to make and I’m sure that Lisa’s appointment will rightly be seen as another huge step for women’s cricket.”last_img read more