Gibson MR Segment Sees Positive Developments

first_imgzoom Although the overall performance in the product tanker market remains disappointing, some positive dynamics have been seen in the MR segment, according to a report from Gibson Shipbrokers.MRs have fared somewhat better than larger product carriers in recent months despite the continued weakness in spot earnings. Since November 2016, average MR earnings for representative voyages both in the East and in the West have been above those for LR2 and LR1 tankers trading on benchmark trades in the East.The support has come primarily from the Atlantic Basin. Typical delays and disruptions during the winter in the Northern Hemisphere provided opportunities for temporary firming in rates, while the market has also been aided by robust Former Soviet Union (FSU) clean petroleum exports and strong chartering demand into West Africa.The anticipated pick up in US gasoline demand in summer due to the driving season could aid domestic gasoline production and seaborne imports into the US Atlantic Coast. However, stocks remain at very high levels, potentially limiting tanker trade, according to Gibson Shipbrokers.In the US Gulf (PADD3), both gasoline and distillate stocks are also at or close to their five year high for this time of the year. In contrast to the developments on the Atlantic Coast, high inventories in the US Gulf could translate into strong product exports out the region, with gasoline mainly flowing to Latin/South America and distillate heading both to Latin America and to Europe. Distillate exports to Europe, in particular, tend to be stronger during the summer.“If the same trend continues this year, it could support MRs trading out of the US Gulf but at the same time could lead to a build up of tonnage in the UK Continent and the Mediterranean, particularly if the gasoline trade from Europe to the US Atlantic Coast remains weak,” Gibson informed.The North West European market could also be threatened by the fact that Russian clean petroleum products exports tend to slow over the summer/early autumn and there is no indication that this year will be any different. Furthermore, indications are that there will be an increase in LR stems out of the Baltic at the expense of MR cargoes in the months ahead.Although these potential developments do not look positive for MRs trading in Europe, strong product demand into West Africa could prevent or at least reduce the risk of building up tonnage availability.“Besides, there is also a wild card – the US hurricane season. It is impossible to predict how active this year’s season will be but potential disruptions to transatlantic trade in either direction and thus the risk of a temporary spike in rates should not be ignored,” Gibson Shipbrokers said.last_img read more

Hardware vulnerability exposed in majority of computers made in the last decade

first_imgTORONTO – Technology experts warn a “really, really serious” security vulnerability could affect the majority of computers made in the last decade, but a fix being rushed to users has a downside: it may slow down your machine.Tech news website the Register reported a glitch has been identified with Intel processing chips — found in most computers, including Apple’s Macs — that could cause data to become vulnerable to hackers.While software developers have been covertly working since late last year to address the widespread issue, news of the problem began spreading beyond the development community late Tuesday. Intel’s stock dropped about four per cent on Wednesday while the company’s main competitor AMD saw its stock surge by more than five per cent.“This is a really, really serious problem,” said Vlado Keselj, a professor of computer science at Dalhousie University.“The good news is I think it’s really hard to exploit this vulnerability. But it could just be a matter of time before someone manages to do that.”In a statement released Wednesday, Intel attempted to downplay worries about the hardware issue, saying it believes hackers “do not have the potential to corrupt, modify or delete data.” The company also said a performance hit from a future software update “should not be significant and will be mitigated over time.”Many details about the technical issue and possible solutions are still unknown. Intel said it had originally planned to disclose more information next week, once software updates were ready, but was compelled to release the statement after the issue began making headlines.An update for the Linux operating system has already been released and has provided some clues to the extent of the problem. But Keselj noted that care was taken to strip developers’ notes and comments out of the update, which typically give some context around the changes that are found in a new software release.“These patches are visible, anyone can open them and see what’s changed but developers removed comments. Without knowing exactly what the vulnerability is, it’s probably hard to exploit it, so it’s happening under the veil of secrecy which is probably good,” Keselj said.“We don’t want somebody to be able to exploit this before updates are made.”Keselj speculated the average user might not notice a dramatic drop in their computer’s performance and even gamers may not suffer a significant slowdown. But businesses that use enterprise software for running database servers could see an appreciable change in performance, which would put pressure on Intel, Keselj said.Prof. Raphael Khoury of the Universite du Quebec a Chicoutimi said it’s not unusual for major software or hardware vulnerabilities to go undetected for a long time but it’s good Intel is releasing its fix before damage could be done.“Maybe the initial patch will have a substantial slowdown and then in the coming weeks they can take their time to produce a better fix,” Khoury said.“It’s better to initially suffer through this slowdown, at least we’re secure.”Beyond just computers, there are many consumer devices nowadays that run off sophisticated hardware that could be open to similar vulnerabilities, said Prof. Sebastian Fischmeister of the University of Waterloo, adding that connected cars and high-tech medical devices are also susceptible.“If you don’t upgrade them then you have a lingering potential security problem,” said Fischmeister. “If you upgrade them then you have potential performance degradation that wasn’t anticipated during testing, so suddenly your (technology) might no longer work.”last_img read more

Ministry of Transportation and Infrastructure presented an update of completed work in

first_imgFORT ST. JOHN, B.C. –  Ministry of Transportation and Infrastructure presented an update at the Peace River Regional District Board meeting about completed work in the Peace region and B.C.Since the last report dated July, projects such as road resurfacing was completed on Jackfish Lake Road, West Fraser road Dawson Creek to Kiskatinaw Bridge Mill & Fill and H29 Bullmoose to Sukunka HIPR as well as providing additional paving to Farrell Creek Road and Patch paving on Braden, Sweetwater, Bessborough Roads.Bridge work that is now complete includes Roseland Culvert Replacement, Scour Remediation, McLean & St John 3 and Brassey Creek Bridge.Community safety enhancements were completed to the Murray River Boat Launch Access, improved 911 Signage, increased reflectivity North Taylor Hill and improvements to the Museum Cross Walk in Ft. Nelson.To date, 2017 road washouts have been fixed with the Ministry now focusing on the Old Fort Road.“Currently, a single lane forestry type road has been put in place of the Old Fort Road, and within a weeks time they seek to upgrade the road to two lanes reducing the curves and increasing sight lines,” said Hali Davenport, Acting District ManagerFor more information on continued work in the region, see the Drivebc.ca website or HERElast_img read more

Rental vacancy rates increase across BC

first_imgFORT ST. JOHN, B.C. – In 2018, the rental vacancy rate has gone up across British Columbia.In a report released by Canada Mortgage and Housing Corporation, it says that the average apartment vacancy rate in B.C. has increased to 1.4 percent in 2018 from 1.3 percent in 2017.Meanwhile, the report says vacancy rates in Northeast B.C. declined again in 2018 after peaking in 2016 following a broad-based pullback in commodity prices, particularly oil and natural gas. Despite some downward movement, vacancy rates in Fort St. John and Dawson Creek remain elevated at 16.7 percent and 9.0 percent; the highest percentages within the Peace. These rates are down from 19.2 percent and 11.7 percent.These high vacancy rates are expected to drop within the next year as oil and natural gas projects start returning to the Peace.CMHC conducts the survey based on telephone interviews and site visits, from information provided by owners, managers, or building superintendents. The survey is conducted during the first two weeks of October, and the results reflect market conditions at that time.last_img read more

Canfor Taylor Pulp donates thermal imaging camera to District of Taylor Fire

first_imgCalla says the nice part about this new tool is that it can allow firefighters to locate bodies in high heat, thick smoke, or in dark locations.The camera will also be used for checking the spread of a fire and for finding victims in a vehicle collision. TAYLOR, B.C. – At a District of Taylor Council Meeting on Tuesday, a new thermal imaging camera was donated to the District’s Fire Department.Assistant Branch Manager of Canfor Taylor Pulp, Dwayne McCoy, presented Deputy Fire Chief, Enzo Calla, with a brand new thermal imaging camera.The thermal camera was given by Canfor in appreciation for the dedication that the Fire Department has when it comes to protecting the community.last_img

What The NFL Can Teach Congress About Hiring More Diverse Staffs

Related: Hot Takedown Even so, my findings suggest that a Rooney Rule-style policy could help increase the diversity of congressional staff hires, particularly if Congress has the means and the will to enforce it. In addition to his efforts to require his colleagues to interview at least one nonwhite candidate for any staff vacancy, then, Schumer should also consider urging them to make two further commitments — to provide a fair and equitable evaluation process for these candidates, and to publicly report the demographics of their staffers.3Perhaps he could even move beyond “urging” and build a bipartisan effort to formalize such a rule and its accompanying enforcement mechanisms. With this trio of policies in place, Congressional staffs might finally begin to match the diversity of the lawmakers they work for, and — more importantly — the people they represent.CORRECTION (March 15, 11:30 a.m.): An earlier version of the chart in this article incorrectly described the types of NFL coaches shown. The chart shows head coaches and coordinators, not head coaches and assistants. Although the new 115th Congress is the most racially diverse on record, its staff remains overwhelmingly white.1Exact numbers are difficult to come by, but according to a report by the Joint Center for Political and Economic Studies, there were 336 top Senate staffers (chiefs of staff, legislative directors, communications directors, and staff directors) in December 2015, only 24 of whom were people of color: 12 Asian-Americans, 7 Latinos, 3 African-Americans, and 2 Native Americans. As The Washington Post recently reported, Senate Minority Leader Charles E. Schumer (D-N.Y.) is trying to change that — and he’s using the NFL’s “Rooney Rule” as a model for addressing the imbalance.Established in 2003, the Rooney Rule requires NFL teams to interview at least one nonwhite candidate for any head coaching vacancy. It is an example of a “soft” affirmative action policy — that is, one that is designed to change the composition of the candidate pool, rather than change the criteria used in the hiring process. In this spirit, Schumer has urged his colleagues to ensure that at least one nonwhite applicant is considered for any open position. And if the NFL’s version is any guide, the policy should indeed help improve Congress’s hiring record.In a recent study I published in the American Law and Economics Review, I found that the NFL has hired notably more nonwhite head coaches in the years since the Rooney Rule went into effect. Of course, that increase could reflect the influence of other social, cultural or institutional changes, rather than the impact of the rule itself. So to account for this possibility, I compared the change in hiring trends among NFL head coaches (who became subject to the Rooney Rule) with the change in hiring trends among similar groups that were not affected by the policy, such as NFL coordinators and NCAA head coaches. Those comparison groups show us what the NFL might look like without the Rooney Rule, since they’re affected by the same hard-to-observe forces that may have influenced hiring decisions both before and after the Rooney Rule took effect.Using this technique, I found that a nonwhite candidate is about 20 percent more likely to fill an NFL head coaching vacancy during the Rooney era than before it, even after taking into account the general trend toward hiring more nonwhite candidates at all levels of coaching. In other words, the change can be traced directly to the Rooney Rule itself. Although there are plenty of differences between hiring congressional staffers and hiring NFL head coaches, the two processes share some similarities. Both are influenced by capacity constraints, meaning that NFL franchises and congressional offices can only interview a certain number of candidates because they are working under a limited hiring timeline. Additionally, there is a large amount of “noise” during the candidate-selection process in both fields, since there are no agreed-upon criteria for choosing candidates and it’s impossible to determine the true quality of a given candidate.2The Rooney Rule helps reduce this noise by requiring the franchise to take race into consideration when choosing candidates. These similarities suggest that a Rooney Rule-style policy may work in other organizations. (In fact, Facebook recently implemented its own version of the rule in certain departments, suggesting that the company has hopes for its ability to translate to another industry.)However, the Rooney Rule’s success is likely due in part to the fact that the NFL has been able to closely enforce it. For example, in 2003 the Detroit Lions’ then-president, Matt Millen, was fined $200,000 for failure to interview a nonwhite candidate for the team’s head-coaching vacancy. But when it comes to congressional staffing, there is currently no way for Schumer to force his colleagues to adopt and stick to a Rooney Rule-style hiring policy. The rule also cannot work unless nonwhite candidates are getting fair consideration and going through the same process as white candidates. The NFL has had to continually address teams’ temptation to fulfill the Rooney Rule’s requirements by conducting sham interviews instead of really searching for qualified nonwhite candidates. Finally, the hiring of an NFL head coach is a very public event that will be watched and commented on by reporters and fans alike, which helps maintain pressure to comply with the rule. Congressional offices, on the other hand, are not even required to publicly report the demographics of their staffs. So the positive effects of the Rooney Rule may not fully transfer to organizations that lack enforcement mechanisms. Hot Takedown’s March Madness Special read more

Intensity pervades Urban Meyers first preseason practice with Ohio State football

If the tenor set by Ohio State football coach Urban Meyer on the first day of preseason practice is any indication about what the coming season holds, the 2012 campaign will be an intense one. Meyer led veteran OSU players in an early-morning workout at the Woody Hayes Athletic Center that included stretching, running and drill work, according to an OSU release. Freshmen and upperclassmen walk-on players took part in their first fall practice under Meyer at 5:30 p.m. Friday. Meyer, who was hired Nov. 29, begins preparations for his first season with OSU after stints at Bowling Green, Utah and Florida. Meyer was not made available following his first-ever preseason practice at OSU, but sophomore cornerback Bradley Roby confirmed the arrival of a new era in OSU football from players’ perspectives when he said the morning session was more intense than what the team had experienced under former head coaches Jim Tressel and current OSU defensive coordinator Luke Fickell. “You can tell just by practice. It was totally different than coach Tressel,” Roby said. “Just the whole intensity of practice – It’s more urgent, more intensity. Not more competitive, but (coaches) stress the competitiveness so that brings out more.” Roby, who also called the Friday practice high-paced and crisp, said it was Meyer’s newly assembled coaching staff “being on you more” that brought the intense showing from players. Sophomore quarterback Braxton Miller, appearing less camera-shy and open to discussion with the media, said that his teammates came together during the summer. Miller, who rushed for 715 yard and seven touchdown while passing for 1,159 yards and 13 touchdowns during his freshman campaign, also credited the coaching staff for changes in his physique. “I feel a lot (different). My body’s changing, my attitude,” he said. “I had a talk with the coaches about, like, ‘how can I be a better leader?” In keeping with the theme of intensity, Miller also said he had some words of encouragement for his teammates before the early-morning practice. “Let’s go man,” Miller said. “We’re not here to lounge around.” New Season, New Numbers  Three players, including Roby, are wearing new numbers this fall.  Roby, who sported the No. 25 jersey last year, is wearing No. 1 for the 2012 season.  Additionally, senior linebacker Ross Oltorik is wearing the No. 20 jersey and freshman defensive lineman Se’von Pittman will sport the No. 95 jersey.  OSU begins its 2012 season Sept. 1 against Miami (Ohio) at Ohio Stadium. Kickoff, set for 29 days from Friday, is scheduled for noon.  Patrick Maks contributed to this story. read more

UAE wants to show the nations global sporting credentials

first_imgThe country will host the FIFA Club World Cup in December in the cities of Abu Dhabi and Al Ain; so far four teams are qualified: Real Madrid, Chivas de Guadalajara, Team Wellington and Al-AinThe United Arab Emirates will host the FIFA Club World Cup in December, and Abu Dhabi wants to amplify the country’s international credentials for supporting world-class sportings events, reported Emirates New Agency WAM on Sunday.“The FIFA Club World Cup is now intrinsically linked to Abu Dhabi since the emirate has hosted three previous editions and we’ve done a good job as far as FIFA, sponsors, teams, and fans are concerned. All of the feedback from previous years has been overwhelmingly positive,” Major General Mohammed Khalfan Al Romaithi said.videoOFFICIAL: Qatar will host the next two Club World Cups Manuel R. Medina – June 3, 2019 FIFA has announced today that the next two competitions will be played as planned, after meeting today in Paris.The tournament will take place between December 12th to the 22nd, with eight matches played between the cities of Al Ain and Abu Dhabi. The competition will feature continental club champions from six FIFA confederations: Europe (UEFA), Oceania (OFC), Africa (CAF), Asia (AFC), South America (CONMEBOL), North and Central America and the Caribbean (CONCACAF), and host team Al Ain FC.“Personally, I would love to see a really popular team from Africa – perhaps an Egyptian team – because it would really boost attendances in specific matches at the start of the tournament. In terms of Asia, we’re hoping for a confederation champion that corresponds with a large community living in Abu Dhabi. This is key to maximizing attendance from fans living in the UAE,” added Al Romaithi.A FIFA delegation will visit the country in September to check out the infrastructure available for the tournament, such as stadiums and training pitches, but according to Al Romaithi, the local organization team is already one step ahead.last_img read more

ADOTPF Reminds Drivers To Be Avalanche Aware

first_imgIf a driver encounters an avalanche affecting the highway, ADOT&PF recommends:Do not step outside the vehicle.Do not attempt to drive through the avalanche debris, regardless of size.Drive away immediately to a safe location outside the avalanche zone.Call 911 and report the avalanche to Alaska State Troopers. Facebook0TwitterEmailPrintFriendly分享November is Avalanche Education Awareness month and the Alaska Department of Transportation and Public Facilities (ADOT&PF) wants Alaska’s drivers to be aware of avalanche zones as they travel the state’s highways this winter. Jim Kennedy, ADOT&PF avalanche specialist: “Our goal is to improve safety for highway users by reducing avalanche hazards while minimizing avalanche related traffic delays and road closures. We want Alaskans to be alert to avalanche area highway signs and stay safe when traveling.” ADOT&PF recommends the following practices for drivers traveling in avalanche prone areas:Check 511.alaska.gov or call 511 for current road conditions before traveling.Do not stop in avalanche areas.Always travel with emergency supplies in case of extended road closures.Expect delays when ADOT&PF is conducting avalanche hazard reduction work. Avalanche areas exist across Alaska. ADOT&PF avalanche specialists monitor highway avalanche risk by tracking weather, terrain and snowpack conditions. Common conditions that increase avalanche hazards include significant amounts of new snow or rain, strong winds and rapid changes in temperature.last_img read more

MP Tourism announces 2nd JalMahotsav

first_imgPreparations for 2nd Jal-Mahotsav Hanuwantiya of Madhya Pradesh has begun. Online booking facility has also been initiated this time with Jal-Mahotsav to be organised from December 15 to January 15. As per the announcement of Chief Minister Shivraj Singh Chouhan the festival will be organised for one month.A new website www.jalmahotsav.com of the Jal-Mahotsav has been launched and information related to Jal-Mahotsav, photographs, video-clips, maps etc, have been uploaded on the website. For packages and rates one should  visit http://jalmahotsav.hanumantiyatapu.com/packages-and-rates.aspx. Also Read – Add new books to your shelfRoad show for the Jal-Mahotsav has already been conducted at Mumbai and Delhi some more will be organised in Ahmedabad, Nagpur and Hyderabad shortly. Information about Madhya Pradesh tourism and Jal-Mahotsav have been provided in the recent ‘World Trade Mart’ held in London.Addressing the Jal Mahotsav road show in Delhi, Hari Ranjan Rao, Managing Director, Madhya Pradesh State Tourism Corporation Limited, said, “It is to be highlighted that Hanuwantia near Indira Sagar Dam at district Khandwa has been developed by the Madhya Pradesh State Tourism Development Corporation as water sports complex.  Also Read – Over 2 hours screen time daily will make your kids impulsive“Cottages, boat clubs and restaurants have been developed by the corporation here. Attractive decoration has been developed in the entire complex. Due to excessive rainfall this year, the whole place has transformed into a lush green area and has ample water in the reservoir.” “Two Kerala-style houseboats with three cabin spaces at Hanuvantiya will be the main attraction of the second Jal Mahotsav. A sum of around Rs 5 crore has been spent on various development works including Food Zone (Kitchen, Restaurant), separate toilet facility for the tourists and drinking water and water cooler facilities. Also, sports ground for kids and swings are installed,” he added.last_img read more