ULJANIK Delivers Hull Superstructure for Costa Diadema

first_imgULJANIK shipyard has recently delivered to Fincantieri’s shipyard Marghera, located close to Venice, a funnel and part of the superstructure for a cruiser, which will be named “Costa Diadema”.The drawing up of workshop documentation started in February of this year and the same was done with Uljanik’s Hull Construction in accordance with Fincantieri class. Uljanik shipyard has also made the steel part of the construction section, while all the works on the aluminium part and locksmith activities were executed by the workers of Proizvodnja Opreme from Vodnjan, Croatia. As reported, the funnel section will be mounted in one piece on the cruiser.“Costa Diadema” will be the biggest Italian cruiser of the company Costa Crociera, and the delivery of the vessel is expected in October 2014. The vessel is 290 meters long and it will be able to transport 3500 passengers accommodated on 17 decks.[mappress]Press Release, September 17, 2013last_img read more

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Ex-Shell exec goes to Woodside

first_imgAustralian Woodside has appointed Ann Pickard as a non-executive director effective February 29, 2016. Pickard joins Woodside as an independent director.Woodside Chairman Michael Chaney said that Ann Pickard had significant international businessexperience.“The directors are delighted that we have been able to attract a person of Ms Pickard’s background and experience to the company’s Board,” Chaney said.On February 1, 2016 Pickard retired from Royal Dutch Shell, where she held numerous positions during her 15-year tenure with the company. Before her retirement from Shell, Pickard served as Executive Vice President, Arctic and was responsible for Shell’s Arctic exploration efforts.This followed three years as Executive Vice President of Shell’s Exploration and Production business and Country Chair of Shell in Australia, and five years as Executive Vice President, Africa. Pickard joined Shell in 2000 after an 11-year tenure with Mobil prior to its merger with Exxon.last_img read more

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Kyrgios earns Nishikori matchup in Shanghai

first_img KEYWORDS “Kei’s one of the best players in the world right now,” said Kyrgios. “He’s got unbelievable returns. He’s a great athlete. He’s playing well. So I know what I have to do.”Slovak Martin Klizan beat local favorite Zhang Ze 7-6 (10-8), 6-2 and now runs into top seed Novak Djokovic, who is gunning for his ninth title of the year.Croatia’s Ivo Karlovic, who prevailed 6-4, 7-6 (8-6) over Frenchman Jeremy Chardy, also faces a formidable second-round opponent in 2009 runnerup Rafael Nadal, who lost to Djokovic in Sunday’s China Open final.American John Isner burnished his big-serving reputation with 20 aces in a 6-1, 6-2 romp against Adrian Mannarino, while Roberto Bautista Agut also had it easy against fellow Spaniard Guillermo Garcia-Lopez, who was beaten 6-2, 6-3.American Steve Johnson cut short Italian Andreas Seppi’s campaign with a 4-6, 6-1, 7-6 (7-2) win. SHANGHAI – Controversial Australian Nick Kyrgios swept aside Andreas Haider-Maurer in straight sets on Monday to set up a second-round clash with Kei Nishikori in the Shanghai Masters.The outspoken Australian, who fired 13 aces and saved all five break points in a 6-3, 6-2 win over his Austrian opponent, has no illusions about the task ahead. Kei Nishikori, Shanghai Masters, Nick Kyrgios Nick Kyrgios of Australia plays a shot during the Japan Open at Ariake Colosseum last week. | AFP-JIJIcenter_img GET THE BEST OF THE JAPAN TIMES RELATED PHOTOS IN FIVE EASY PIECES WITH TAKE 5last_img read more

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Sovereign Wealth Fund

first_imgDear Editor,The recent announcement of a second major Oil reserve discovery for Guyana is welcome news for all Guyanese, it gives us all hope that the ‘better life’ will soon materialise, it also gives us all worry that the culture of corruption that has ensnared our political class from the first day of independence to this present day will suck our hopes and dreams down its bottomless vortex and we become a nation of few mega-rich families and a massive class of under-privileged citizens. Our every effort must be to seek to avoid this fate.Whilst campaigning during the last general election, President David Granger made numerous allusions to the establishment of a Sovereign Wealth Fund (SWF) to protect the proceeds from the new pillar of our economy.I am sure the country would welcome more specific information on this Fund. My research shows that Funds of this nature can take many forms, the much maligned NICIL is a Sovereign Wealth Fund as defined ‘A sovereign wealth fund (SWF) consists of pools of money derived from a country’s reserves, which are set aside for investment purposes that will benefit the country’s economy and citizens.’In light of allegations of mismanagement, secret deals and corruption levelled by President Granger while in opposition and the difficulty to obtain information on investments and returns to this day, I would ask that the President address the nation to inform us all of exactly what type of SWF his administration would be setting up, where it would be based, who would administer it, who would have oversight, what laws will govern it and what type of investments it would be limited to making.One can only hope it will be managed by a reputable institution such as the World Bank and free from the whims of any present or future political party that forms subsequent administrations in our nation’s future.We have not enjoyed a happy history with political appointees and political influence on business decisions. I fully support the creation of a SWF that is managed as outlined above and would offer a word of warning to those, including our politicians, who may have delusions of grandeur and private designs on our nation’s future wealth, the world has changed greatly, no longer does it tolerate the theft of a nation’s wealth by unscrupulous individuals.Faithfully,Robin Singhlast_img read more

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