Rickmers sells trust manager shares

first_imgAs the managing vehicle of the trust, Rickmers Maritime, Rickmers Trust Management is no longer a subsidiary of Rickmers Holding – despite the holding company maintaining a 34.2 percent share in the trust.On October 31, an extraordinary general meeting will be held by Rickmers Trust Management, at which noteholders will vote on a revised proposal for the restructuring of the company’s debt.According to media reports, if this revised proposal is not approved by the parties involved, the trust risks being put into liquidation.www.rickmers.comlast_img read more

Roca electrified to La Plata

first_imgARGENTINA: Electric services began operating between City Bell and La Plata on the Roca commuter network in Buenos Aires on October 18, marking completion of an electrification project undertaken as part of a US$250m upgrade of the 1 676 mm gauge commuter routes running south from the capital.With the 52∙6 km route between Buenos Aires and La Plata now electrified throughout, the fastest journey time has been cut by 20 min to 1 h 12 min. Services operate every 30 min, with trains operating from Buenos Aires as far as Berazategui every 15 min.As a change from electric to diesel services is now longer required to reach La Plata, it is expected that the route will be used by over 150 000 passengers a day. Completion of electrification work has also seen the intermediate stations at Tolosa and Gonnet reopen to rail services; Ringuelet and Pereyra remain closed for rebuilding work.last_img read more


first_imgONCE a year, the best and most marvellously overpaid basketball players engage in a high-profile show of talent.  Today is the start of the All-Star festivities and will climax on Monday with the most expensive practice game in the world.  Without the threat of defenders, players display their God-given skills with some guys doing things that simply can’t be erased from memory.  We see them get exceptionally scorching during the 3-point shootout and likewise soar and air-sit over mascots for a dunk.  This year’s group are legitimate stars although the cast, as always, is a debatable issue.  The West side had won the last two All-Star games with Russell Westbrook winning the MVP honors of both games.  Because he’s on the second unit, Russ will do everything in his power to get a third consecutive ASG MVP and join Oscar Robertson, Michael Jordan and Shaquille O’Neal in the ASG triple MVP club.The NBA ASG is not only about pride, it is also about money.  If memory serves me right, players on the winning team get $50,000 each, losers take home half of the amount.  The winner of the long distance shootout gets $50,000 and the slam dunk king receives $100,000.  Of course, there are other monetary considerations stipulated on their contracts dependent on their All-Star performance.Converted to Philippine peso, about P15,000 can get you a seat nearly touching the roof of Smoothie Kings Arena at New Orleans.  Your favorite players will be looking like two-colored ants running around a matchbox.  Of course, there are the courtside seats, the feel-and-smell section, if you’re willing to throw away close to a million pesos.The ASG is supposed to be the launch of new sneaker collections but Nike said there will be no ASG-specific releases this year.  Instead, players will be wearing the latest from Nike’s Black History Month collection.  It’s a bit of a surprise because sneakerheads anticipate the event for new variations of models worn by their marquee endorsers.Adidas on the other hand will be releasing new 2017 All-Star models for James Harden, Damian Lillard and Derrick Rose.  Rose and Lilliard are not playing but it did not stop the brand with the three stripes to make AS variants for their signature Dame 3 and DRose 7 Primeknit.  The Beard will be wearing on Monday his Harden Vol. 1 in gray with orange and purple blends.Meanwhile, Under Armour’s billion dollar investment will rock New Orleans with a new AS-related colorway.  Playing on his fourth All-Star, Stephen Curry will razzle-dazzle the crowd with his new Curry 3 Brass Band model.  He returns to the place where he played his first AS game.  The East is playing small with 5 point guards (Kyrie Irving, Isaiah Thomas, John Wall, Kemba Walker, and Kyle Lowry) and shooting guard DeMar DeRozan, three small forwards (Jimmy Butler, Giannis Antetokounmpo and Paul George) and three power forwards (LeBron James, Kevin Love and Paul Millsap). Love is injured but the games must go on and someone has to replace him.  Joel Imbiid could be a good fit but he also has health issues.  Shooting guard Bradley Beal was a favorite sub.  Also considered were Kristaps Porzingis, Andre Drummond and Hassan Whiteside, if only to beef up the East frontcourt.  But the league opted for a scorer and in comes Carmelo Anthony for his 10th All-Star appearance.The West is more balanced and will most likely prevail with two real centers (Marc Gasol and DeAndre Jordan), four power forwards (DeMarcus Cousins, Anthony Davis, Kawhi Leonard and Draymond Green), two small forwards (Gordon Hayward and Kevin Durant), two point guards (Curry and Russell Westbrook) and two shooting guards (Harden and Klay Thompson).  For comparative purposes, I have my own all-time all-star lineup composed of players from the early 80s up to the present.  This will beat, IMHO, any AS line-up formed.  Of course, my selection is open for contradiction and that is where the fun starts.Starting backcourt for the East will be Michael Jordan and Isaiah Thomas of the Bad Boys era.  The frontcourt will have Patrick Ewing, Larry Bird and LeBron.  The reserves will include Charles Barkley, Moses Malone, Dennis Rodman, Kevin McHale, Allen Iverson, Ray Allen and Penny Hardaway.Four Laker greats are on my West team with Kobe Bryant and Magic Johnson as backcourt starters.  Kareem Abdul-Jabbar, Tim Duncan and Karl Malone starts up front.  The second unit will have Shaquille O’Neal, Hakeem Olajuwon, Kevin Garnett, Durant, Dirk Nowitzki, John Stockton and Curry.        So, what is your all-time NBA All-Star selection?/PN [/av_textblock][/av_one_full] [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=”][av_heading heading=’The 2017 NBA All-Stars’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=”]BOBBY MOTUS[/av_heading][av_textblock size=” font_color=’custom’ color=’#0a0a0a’]Saturday, February 18,  2017[/av_textblock][av_textblock size=” font_color=’custom’ color=’#0a0a0a’]last_img read more

Manchester City Sign Aymeric Laporte In Club-Record Deal

first_imgManchester City have signed French defender Aymeric Laporte in a club-record deal.The 23-year old joins the Premier League leaders after putting pen to paper on a five-and-a-half year deal until 2023 after the Citizens activated his £57m release clause.The centre-back becomes Manchester City’s club-record signing ahead of the £55m paid for Kevin De Bruyne in the summer of 2015.In his farewell via Athletic Bilbao’s official website, Laporte said: ‘So much to say with so few lines.‘I want to thank everybody for what you have given me. I arrived as an adolescent and I have been formed here as a person and as a footballer.‘I don’t want my exit, ahead of a new challenge in my career, to be a “goodbye”, but rather a “see you soon”. I am leaving a unique club, I will never forget it. For all of that, thank you!’ he added.Aside becoming Manchester City’s club-record signing, Laporte is also the second most expensive defender ever behind the £75m deal that took Virgil van Dijk from Southampton to Liverpool earlier in the current transfer window.RelatedManchester City Sign Mahrez In Club Record DealJuly 10, 2018In “England”Transfer: Athletic Bilbao Sign Inigo Martinez To Replace LaporteJanuary 30, 2018In “Europe”Man City Extend Fernandinho Contract As Sane Makes Injury ReturnJanuary 28, 2020In “England”last_img read more