Algoma’s New Equinox Bulker Reaches Canada

first_imgCanadian provider of marine transportation services Algoma Central Corporation informed that its first Equinox Class self-unloader, the seaway-max size Algoma Niagara, arrived at the Port of Sept Iles, Quebec, on November 1.The Algoma Niagara is the fifth Equinox Class vessel in Canada and it joined four gearless sister ships in the company’s fleet. The vessel was scheduled to undergo inspections and re-flagging as a Canadian vessel before beginning commercial operations.The 225.6-meter-long bulker loaded its first cargo of iron ore from Port Cartier past weekend and departed for Hamilton shortly thereafter.Delivered in September this year, Algoma Niagara is the first of three Equinox Class self-unloaders currently under construction at the Yangzijiang shipyard in Jiangsu China. The ship is a traditional boom-aft twin belt self-unloader with a deadweight capacity of approximately 39,000 tons at design draught.The Algoma Sault is nearing completion at the Yangzijiang shipyard, and the Algoma Conveyor, which the company acquired at auction from the failed Nantong Mingde shipyard earlier this year, is undergoing refurbishment and final construction. The Algoma Sault is expected to arrive in Canada in time to start the 2018 navigation season and the Algoma Conveyor is expected to be completed and delivered in early 2019, according to the company.The Equinox Class represents the new generation of Great Lakes – St. Lawrence Waterway bulk cargo vessels. The ships have been designed to optimize fuel efficiency and operating performance thus minimizing environmental impact, the company said.Separately, Algoma released its financial results for the third quarter of 2017 which show that the company saw a drop of almost 15 percent in its net earnings. During the quarter, Algoma’s net earnings dropped to CAD 32.8 million (USD 25.7 million) from CAD 38.5 million posted in Q3 2016.The company experienced a 23.5% increase in net earnings from continuing operations for the third quarter over the same period in 2016 – excluding the net gain on the cancellation of the shipbuilding contracts recognized in 2016. Inclusive of this net gain, net earnings from continuing operation were CAD 22.5 million in the third quarter of 2016, against CAD 24.4 million reported in the corresponding period of 2016.Revenues for the period rose to CAD 136.6 million from CAD 118.2 million recorded in Q3 2016.Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers on the Great Lakes – St. Lawrence Waterway and also owns ocean self-unloading dry-bulk vessels operating in international markets. The company has begun an expansion into international short-sea markets through its 50% interest in NovaAlgoma Cement Carriers and NovaAlgoma Short-Sea Carriers.last_img read more

Leotar defeated Borac

first_imgIn the last match of 19th round of BiH Basketball Premier League, Leotar defeated Borac with 73:62.After first quarter, Leotar led with 16:12 and continued with the good play and in the last ten minutes of the match Leotar led with 60:48, but the match ended with the result 73:62 for Leotar.The most efficient player of Leotar was Šakotić with 15 points, and the most efficient player for Borac was Pavlović with 15 pointsLeotar is placed sixth, while the Borac is 9th. The first team is Mladost, followed by Čapljina and Bosna.last_img read more

MoA Engages Local Farmers on Rice, Cassava Project

first_imgThe Ministry of Agriculture (MoA) through one of its food crop projects, the West African Agricultural Productivity Program (WAAPP-Liberia) has engaged local farmers from four counties on the production of rice and cassava to enhance the country’s food security.The counties are Bong, Mar-Gibi, Bomi and Gbarpolu.The engagement exercise started last Monday in Gbarnga, Bong County and concluded on Thursday in Bopulu, Gbarpolu County.It is expected to resume early this month with counties in the south-east.WAAPP-Liberia is a ten year agriculture program aimed at increasing rice and cassava production in the country, with funding from the World Bank and the government of Japan.It is a regional program carried out in 13 West African countries.In Liberia, the program is being implemented in eight of the fifteen counties, including Grand Gedeh, River-Gee, Maryland, Bong, and Sinoe Counties among others.In interviews with the Daily Observer newspaper at the meetings held in the above counties mentioned, farmers expressed the hope for the program to help improve their productivity and increase income generation.According to them the project should help to address some of the challenges faced by farmers in the agricultural sector.They named constraints such as inadequate provision of farming tools, poor marketing, and lack of access to land as some major obstacles confronting them in their various counties.John Lahai, a farmer in Swakoko district, Bong County stated to our reporter that WAAPP’s program was a welcome gesture in his county.“With the education received concerning the program farmers specialized in producing rice and cassava in Bong County are very happy. It is our hope that it would help us improve in farming to support our families.Lahai said that getting farm land in his county is a serious problem that requires urgent attention.“There are many in the county engaged in rubber farming instead of growing food crops. This is making land scarce for us,” he lamented.He estimated the cost for renting farmland in his county as U.S$ 500 yearly per acre. Farmer Lahai said that renting land at this price seriously reduced his annual earning.He stressed the need for government to derive a land tenure policy for agriculture to improve farmers’ income.For her part, Sarah Brown, a farmer from Margibi County, said that female farmers in her county were determined to grow more cassava for the market but are lacking tools to farm.“We would like to appeal to the ministry of agriculture and its partners to assist us with the needed tools,” she requested.In his opening statement on Monday, February 24, in Gbarnga, the acting national project coordinator of WAAPP-Liberia/Monitoring and Evaluation officer, Edward Borlor, said that the WAAPP program was designed to address challenges in the agriculture sector of Liberia in order to increase food production.He said that human resource capacity building in the sector, infrastructure upgrading, and support to local farmers in terms of the provision of improved planting materials, modern technology and the creation of a market for farmers to sell their produce are some of the input the project seek to provide.According to Borlor since the launch of the program in Liberia in November 2012, 37 students in Liberia benefited from scholarships for advance studies in agriculture and other disciplines at various African universities.He said that the Central Agricultural Research Institute (CARI) in Swakoko, Bong County has also been partially revamped through the project to meet the research needs of farmers.Borloh further disclosed that the program seeks to prioritize the inclusion of up to 40 percent female farmers in order to reduce vulnerability among women in the agriculture sector.Also speaking was Assistant Minister for Extension and Research at the MoA, Paul Jallah. Mr. Jallah asked farmers to take the program seriously so they could produce more food for the country.Minister Jallah spoke to farmers in Kakata and Bopolu cities during the engagement meetings.He deliberated on the topic: “The benefit of extension for Liberian farmers.According to him, there are many farmers who want to engage in commercial farming but lack the modern technology.“The ministry will be providing tractors and power tillers and other modern equipment to ensure that farmers are able to increase their yield,” he disclosed.Speaking at the close of the meeting in Bopoplu, the superintendent of Gbarpolu County, Allen Gbowee, called on his citizens to venture into agriculture so they could make the county food secure.He welcomed the program and promised to play a monitoring role for the smooth implementation of it in Gbarpolu County.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Nadal reaches Toronto quarters with win over Wawrinka

first_img0Shares0000Rafael Nadal came from a mini-break down in the tiebreaker and secured victory over Stan Wawrinka on his second match point © GETTY IMAGES NORTH AMERICA/AFP / Vaughn RidleyTORONTO, Canada, Aug 9 – A 45-minute rain interruption did little to stop the progress of Rafael Nadal on Thursday at the Toronto Masters as he defeated Stan Wawrinka 7-5, 7-6 (7/4) to reach the quarter-finals.The halt in proceedings came 63 minutes into the opening set, after Wawrinka saved a Nadal set point for 5-all, with the Spaniard then holding serve for 6-5. When the weather passed, the pair returned, with Nadal wrapping up the set on his second chance.The second set was a battle as the Swiss, a three-time Grand Slam champion, fought back from an early break down, took a 2-1 lead, with the pair again trading breaks in the fifth and tenth games.Nadal came from a mini-break down in the tiebreaker and secured victory on his second match point.“It was a good match, a very positive victory for me over a tough opponent,” Nadal said.“I’m happy to see Stan playing well again. We had a good quality of tennis.“I’m very pleased, I needed a match like this. It does much for the confidence.”Nadal’s win was his 17th from 20 played against Wawrinka.Second seed Alexander Zverev, the holder, lined up a re-run of last week’s Washington semi-final as he again takes on Stefanos Tsitsipas.The Greek who turns 20 on Sunday knocked out his second seed in as many matches, stunning Wimbledon champion Novak Djokovic 6-3, 6-7 (5/7), 6-3 to reach the quarter-finals.Zverev rolled over Russian Daniil Medvedev 6-3, 6-2 in 52 minutes while never facing a break point.Tsitsipas called his knockout of Djokovic, “the best match of my career. I knew I was playing pretty good today.”The number 27 will play the first Masters 1000 quarter-final of his career.“He played very well and deserved to win without a doubt,” Djokovic said. “I just played not that great.“I didn’t return well. It wasn’t that great of a match.”Bulgarian fifth seed Grigor Dimitrov laboured for almost two and a half hours to subdue Frances Tiafoe of the United States 7-6 (7/1), 3-6, 7-6 (7/4).He next faces Wimbledon runner-up and fourth seed Kevin Anderson who defeated Ilya Ivashka of Belarus 7-5, 6-3 to also make the last-eight.Sixth seed Marin Cilic continued his quiet progress, beating Argentine 11th seed Diego Schwartzman 6-3, 6-2.Canadian teen Denis Shapovalov went down to Robin Haase, losing 7-5, 6-2, ending local interest. The Dutch winner will take on Karen Khachanov, who beat eighth seed John Isner 7-6 (7/5), 7-6 (7/1)0Shares0000(Visited 1 times, 1 visits today)last_img read more