Maersk Line defers delivery of new containerships to prop up cashflow

first_img Maersk Line is to postpone delivery of nine newbuild 14,000 teu ‘utility’ ships with the last vessel to be received at the end of 2018, instead of at the end of this year.At parent group APMM’s 2016 results presentation on Wednesday, CFO Jakob Stausholm said: “We have managed to delay delivery at no cost, and operationally it actually fits us quite okay.”Maersk Line says it does not need the ships as it is able to charter vessels of this size easily and cheaply in the current depressed market, and has recently taken on long-term charter six former Hanjin-operated 13,100 teu vessels at a fraction of the daily hire rate the South Korean carrier paid.It was also reported that 2M partner MSC had chartered three more 13,100 teu ships previously operated by Hanjin.After reporting a net loss of $1.9bn for 2016, due to an impairment hit of $2.6bn related to its drilling and supply sectors, transport and energy group APMM is under pressure from shareholders – who are seeing their dividend halved – to reign back on capital expenditure.Yesterday, Maersk Line said: “The decision [to delay delivery of the ships] will have a positive effect on Maersk Line’s cashflow.”Pierre Danet, CFO of Maersk Line, said the 2016 loss of $376m by the carrier was “due to a 19% decline in freight rates. The loss is clearly unsatisfactory”.He added: “On the positive side, we won market share (12% up in Q4), continued to drive costs down and increased our utilisation. We remain competitive.”According to Alphaliner data, Maersk Line currently charters 360 of its total 615 operational vessel fleet – in terms of capacity, this equates to 45.9% which allows the carrier plenty of scope to react to supply/demand peaks and troughs, not least because many of the ships are now being fixed on flexible time periods.However its peers enjoy even greater flexibility: MSC has 62.5% of its capacity chartered-in; CMA CGM, 62.4%; and fourth-ranked Cosco, 72.3%. By Mike Wackett 10/02/2017last_img read more

LTE strength not enough to stop LG sliding into Q1 handset loss

first_imgHomeDevicesNews LTE strength not enough to stop LG sliding into Q1 handset loss Qualcomm strikes LG patent deal following spat LG LG Electronics said it shipped 5 million LTE smartphones in Q1, its biggest ever single quarter for such devices, although this was not enough to stop it recording a loss for the period.In a statement, it said that the red ink was attributable to “worsening domestic market conditions and declining ASPs resulting from intensified market competition”.LG’s business in its home country was hit by the suspension of sales by operators in South Korea, related to excessive device subsidies.The company shipped 12.3 million smartphones in the quarter, an increase of 19 per cent year-on-year, and making up 75 per cent of all devices it shipped.Its 5 million LTE devices was an increase of 79 per cent year-on-year, and means that 41 per cent of all smartphone shipments during the three months supported the high-speed network technology.The company saw a loss of KRW8.8 billion ($8.55 million), compared with a profit of KRW132.5 billion in Q1 2013, on sales of KRW3.41 trillion, up 6 per cent on KRW3.2 trillion.This marks the third consecutive loss-making period for the company, although the numbers are getting smaller.Looking forward, LG said that higher revenue is expected in the second quarter “with the release of the flagship LG G3 smartphone and wider roll-out of the mass-tier L Series III.”It said it will also improve its profitability by improving its cost competitiveness.On a group level, the company reported a profit of KRW92.6 billion, up from KRW22.1 billion in Q1 2013, on revenue of KRW14.27 trillion, up 1.2 per cent from KRW14.1 trillion.The company’s Home Entertainment unit “exceeded expectations” due to stronger sales of larger-sized TVs and a better cost structure resulting from declining material prices.This trend is expected to continue in Q2, following new model launches. Author Previous ArticleHTC hits back at CFO speculationNext ArticleUK P2P payment service Paym makes debut Tags Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more center_img KT makes LG Electronics trade-in move Steve Costello AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 29 APR 2014 Devices LG plays to next-gen features in latest flagship Relatedlast_img read more

Concurrent Enrollment (CEPA) Coordinator, Salida

first_imgAbout Colorado Mountain CollegeImagine working at a college that welcomes everyone — students,faculty, staff, and community members — regardless of theirbackgrounds, beliefs, or traditions. An institution that is alsointegrally connected to, appreciated by, and supported by thosesame communities.Envision yourself at a dynamic, innovative, forward-leaning collegethat has an enterprising spirit and deep commitment to everylearner – from first-generation college students to adult learnersto academically motivated students seeking a more traditionalliberal arts education – all within a robust and highlypersonalized learning environment.Visualize applying your energy and skills to an organization thatrespects and cares about its employees enough to offer competitivecompensation and benefits while encouraging every team member torenew and recharge in places of inspiration, reflection, andworld-class outdoor recreation.Welcome to Colorado Mountain College and its eleven campuslocations sprinkled across a spectacular region of Colorado’scentral Rocky Mountains.Our visionColorado Mountain College aspires to be the most inclusive andinnovative student-centered college in the nation, elevating theeconomic, social, cultural, and environmental vitality of itsbeautiful Rocky Mountain communities.The collegeCMC is a comprehensive, public, open-access dual-missioninstitution offering 136 academic programs ranging from specializedcertificates to associate and bachelor’s degrees, a wide range ofonline, non-credit and lifelong learning courses, as well asextensive concurrent enrollment opportunities in close partnershipwith neighboring school districts.Over 15,000 students attend CMC annually, and 40% of degree-seekingstudents earn a certificate or degree every year. The college’sLatinx enrollment has doubled in six years to 27%, making CMCeligible for federal Hispanic Serving Institution (HSI) status. CMCcourses are highly personal and many are experiential by design,each with a maximum registration of 25 students.Colorado Mountain College campuses are located in Aspen,Carbondale, Breckenridge, Dillon, Steamboat Springs, GlenwoodSprings, Glenwood Springs-Spring Valley, Leadville, Rifle, the VailValley, and Salida. Of these locations, three areresidential—Spring Valley, Leadville, and Steamboat Springs — andstudents in Breckenridge have access to college-owned off-campushousing. CMC campuses are close-knit communities, on averageserving between 1,000 – 2,000 students.The majority of the college’s financial support comes from localproperty taxes, not tuition or state revenues. Consequently, CMC isuniquely positioned to be entrepreneurial, nimble, mission-focused,and responsive to community and workforce needs. The college’scentral administrative office, which supports all campus locations,is located in historic downtown Glenwood Springs, the town fromwhich CMC originally launched in 1965.Colorado Mountain College is accredited by the Higher LearningCommission and authorized by the Colorado Commission on HigherEducation. For general information about CMC, its programs,locations, students, faculty, and offerings, go to: .Our commitment to an environment where everyonebelongsOur college and beloved mountain communities are enriched by avariety of voices and experiences.At Colorado Mountain College, we continually work to improvelearning and working environments that welcome everyone. We aredeeply committed to promoting a free and open exchange of ideas,improving critical thinking, deepening mutual empathy and respect,and ensuring that every learner and team member has equalopportunities for personal and professional success.The college prioritizes the recruitment, hiring and retention of anengaged workforce that reflects and supports the backgrounds,characteristics and aspirations of the students enrolled at CMC.Therefore, we value applicants who bring a richness of priorexperience and training, and a commitment to the concepts ofinclusive and equitable practices, as well as an understanding ofhistoric and current social issues that impact groups fromdifferent socioeconomic and cultural backgrounds.CMC employees enjoy regular opportunities to raise their awarenessabout pressing societal issues, develop individual criticalthinking skills, and expand their understanding of and empathytoward others regardless of race, gender, ethnicity or otherfactors. Our goal is to deliver personalized teaching methods andeffective student support services that enable students to achievetheir goals, regardless of academic, financial, or experientialbarriers.Applicants to Colorado Mountain College must demonstrate acommitment and competence to work effectively with students,employees, and community members of all backgrounds.The positionUnder the general supervision of the campus leader or designee, theCEPA Coordinator works in support of the Concurrent Enrollmentprogram. The primary role is to support the partnership betweenSalida School District and the CMC Salida campus, buildingrelationships with school district personnel, coordinating allaspects of the CEPA program between the local school district andCMC, identifying concurrent enrollment opportunities for students,coordinate enrollment and testing, and academic advising ofstudents.The Salida community has high expectations for Colorado MountainCollege and the positive impact that we can make in the community.We take that very seriously and plan to exceed communityexpectations in our operations and especially in our concurrentenrollment programs. We strive for excellent customer service whereeveryone who interacts with our faculty and staff team feelsincluded and valued. The Salida Campus is a student-centered,unfailingly positive working environment that thrives on creatingpowerful learning opportunities within this amazing mountaincommunity. Only energetic candidates with a passion for puttingstudents first and an entrepreneurial spirit need apply.View/download job description including hiring salary range:Concurrent Enrollment (CEPA) CoordinatorPre-Requisites for the Position (QualificationsStandards)Education and experience sufficient for the rigors of the position.Examples may include a Bachelor’s and two years related experience,or equivalent education and experience that will provide thenecessary knowledge, skill and abilities to perform the functionsof the position.Special Skills or abilities directly applicable to the position:knowledge of concurrent enrollment programs, placement proceduresand requirements, local high school and college operations desired.Knowledge of current office practices, procedures and equipment;basic technology applications; ability to work collaboratively withinternal and external parties; experience with organizing andcoordinating events; strong written, verbal, and presentationskills; computer skills and proficiency with common software suchas Microsoft Office.Diverse. Inclusive. Innovative. Focused on Student Success. Theseprinciples reflect the soul of CMC. They guide us in building ourteams and cultivating leaders. They guide us to be an institutionof higher education that’s the right fit for every faculty member,staff, student, and community member in its trust. Applicants mustdemonstrate a commitment to working effectively with students,employees, and community members of all backgrounds.Bilingual (English/Spanish) or conversational language abilitiesare preferred.To Apply: Please submit the required letter of interest,resume, and list of three professional references. CMC is an EOEcommitted to diversifying its workforce.External Applicants: Apply OnlineInternal Applicants: Please proceed to the HR page ofBasecamp or by searching in Learning Hub for instructionson applying for a full-time position as an internalapplicant.Review of application material will begin April 15,2021.last_img read more

VITL and OhMD to deliver secure texting service for Vermont patients and providers

first_imgVermont Business Magazine Vermont Information Technology Leaders, Inc. (VITL) and OhMD announce a partnership that will bring a secure, HIPAA compliant text messaging service to Vermont health care providers and their patients.  Smartphone use is nearly universal, so secure text messaging in health care makes sense as a fast and easy communication option, and offers patients more opportunities to engage in their own care.“This is a natural extension of VITL’s services,” said John K. Evans, President and CEO at VITL. “VITL has been advancing health care reform in Vermont for ten years, and OhMD is a technology platform that can dramatically increase patient engagement.” Studies in the field of patient engagement indicate that “patients who are more activated are less likely to be obese or to smoke, while being more likely to have clinical indicators that fall within normal parameters—such as normal blood pressure, cholesterol, and hemoglobin A1c levels—in contrast to patients who are less activated. There is also evidence that more activated patients are less likely than less activated patients to use the emergency department or to be hospitalized.” (1)According to a parent who participated in OhMD’s pilot program at a Middlebury pediatrics practice, “[it] really feels like we can get in touch when needed. Such a great service.”As simple as standard text messaging – but with built-in security and privacy to meet HIPAA standards – OhMD provides an intuitive user experience. Texting can make care coordination with colleagues, staff and referring providers faster and easier, with the ability to quickly create channels for communicating with patients in the circle of care. Consider a mother or father wanting to quickly send their doctor a secure text with an image of a rash their child just developed. Within the care coordination circle the doctor forwards the text to a specialist for assessment, then texts the concerned parent with recommendations, before needing to make an in-person appointment.Vermont has been a leader in efforts to reform the way health care is delivered in the state, and embracing new methods of communication is part of the transformation. Al Gobeille, chair of the Green Mountain Care Board recently commented, “We do see that better coordinated care between providers, and more timely interactions with patients can lead to better outcomes.”For more information about the OhMD secure text messaging service, please contact VITL at 802-861-1943 or visit is external).About VITL:Vermont Information Technology Leaders, Inc. (VITL) is a nonprofit organization that advances health care reform in Vermont. VITL assists Vermont health care providers with adopting and using health information technology, to improve the quality of care delivery, to enhance patient safety and to reduce the cost of care. VITL is legislatively designated to operate the health information exchange (HIE) for Vermont, and is governed by a collaborative group of stakeholders including health plans, hospitals, physicians, other health care providers, state government, employers, and consumers. For more information, please visit is external)About OhMDOhMD helps healthcare providers deliver better care to patients and improve outcomes by streamlining time-intensive communications. OhMD’s secure texting platform leverages a simple interface combined with a robust connectivity engine that integrates with electronic health records and practice management systems to deliver additional functionality to both physicians and patients using secure text messaging. A Blueprint Health Accelerator company, OhMD has offices in New York, NY and Burlington, VT. For more information, visit is external)Source: VITL 8.16.2016. (1.) Pay attention to “patient activation”. The Incidental Economist. is external)last_img read more

UVM appoints Patty Prelock as provost

first_imgUniversity of Vermont,Vermont Business Magazine Patty Prelock has been appointed Provost and Senior Vice President at the University of Vermont. The Board of Trustees confirmed and President Suresh Garimella announced the expected appointment in a letter to the UVM community on Monday. She was named the interim provost last April after David Rosowsky stepped down. Rosowsky served as Provost and Senior Vice President of UVM for six years, but left the position last winter to facilitate a smooth and quick transition of leadership for then President-Designate Suresh Garimella. Prelock was Garimella’s choice as interim provost while he was still the president-designate under Tom Sullivan. Garimella took over as president July 1.The provost is generally the second in command at a university and has responsibility for the university’s academics and their funding. UVM’s academic standing has been rising for several years and Garimella just announced a zero-tuition increase for next year.Prelock has served as Dean of the College of Nursing and Health Sciences for 10 years, as Department Chair in the College of Arts and Sciences for eight years, and as a Professor of Communication Sciences and Disorders during her years at the University of Vermont.UVM Provost Patty PrelockWhen Prelock took over as interim provost, Scott Thomas served as Interim Dean of the College of Nursing and Health Sciences, in addition to his position as Dean of the College of Education and Social Services.Garimella and the trustees now will set their sights on finding a permanent dean for the College of Nursing.President Garimella LetterDear UVM Community,I am delighted to share the good news that the Board of Trustees today approved the appointment of Patty Prelock as Provost and Senior Vice President. Provost Prelock initially was appointed interim provost following an extensive internal search this past spring.  That search yielded a good number of outstanding candidates.  Following a robust vetting process, Patty was named interim provost.  Since she assumed the role in April, she has met and exceeded every expectation.  I have consulted with the deans, leadership of the faculty senate, and board leadership.  Everyone is supportive and enthusiastic.  Given Patty’s outstanding performance and the recent, robust internal search that resulted in her initial appointment, the board and I have decided, with the unanimous support of the senior academic leadership of the university, to appoint Patty as provost and senior vice president, effective immediately.In light of Patty’s appointment, we soon will launch a national search for a dean of the College of Nursing and Life Sciences.Please join me in extending warm congratulations to Provost Prelock.Sincerely,Suresh V. GarimellaPresidentNovember 18, 2019last_img read more

USA Triathlon hosts Youth Splash & Dash event in Colorado Springs

first_img Related Members of the USA Triathlon National Office will host children aged 7-15 this Saturday 22 August, at the 2015 USA Triathlon Youth Splash & Dash in Colorado Springs.Part of the nationwide 45-race USA Triathlon Youth Splash & Dash Aquathlon Series, the event will begin at 09:00 local time at the Memorial Park Recreation Center, located at 280 South Union Boulevard in Colorado Springs. Participants aged 7-10 will cover a 100m swim and a 1K run, while athletes ages 11-15 will complete a 200m swim and a 2K run.The cost to participate is US$5 for USA Triathlon members, US$20 for non-members wishing to purchase an annual USA Triathlon membership, and US$15 for non-members who wish to race without purchasing a membership. Online registration ends on Friday 21 August at noon MT, and on-site registrations (cash or check only) will be accepted on race morning between 07:30-08:45.All participants will receive a medal upon crossing the finish line and an official USA Triathlon Youth Splash & Dash Aquathlon Series T-shirt. Series partners include the USA Swimming Foundation, the Boy Scouts of America and the USA Triathlon Foundation. Additionally, local partners for the Colorado Springs event include Mile High Youth Corps, Road ID, Kids on Bikes and the YMCA of Pikes Peak Region.Educating youth athletes between the ages 7-15 about the multisport lifestyle is one of the primary objectives of the USA Triathlon Youth Splash & Dash Aquathlon Series, which is focused on participation and having fun, rather than read more

GCN unveils ex-pro road racer Conor Dunne as new presenter

first_imgPlay Sports Group has announced the appointment of Conor Dunne as the newest presenter of its road cycling channel, Global Cycling Network (GCN). Founded in 2013, GCN is home to’ the world’s largest and fastest-growing road cycling community’, currently attracting over 50 million video content views per month.Conor Dunne has competed at the very highest level of road racing including the Giro d’Italia and the Vuelta a España – a feat which earned him the self-proclaimed status as ‘the tallest rider to ever finish a Grand Tour, standing at 2.04 metres!’Despite growing up in the UK, Conor is a proud Irishman and has raced for the Irish national team for the last nine years; which made it all the more special when he won the Irish National Road Race Championships in 2018. He has also earned an U23 Irish National Time Trial title in 2012 and bagged a stage of the An Post Ras in 2013.Conor spent much of his career in Belgium, from racing there as a junior, to his final years racing professionally with both Aqua Blue Sport and Israel Cycling Academy.Following his retirement, Conor took on a bike packing adventure with American professional rider Larry Warbasse when the former teammates rode in the French Alps for over a week with nothing but their team bikes and a tent.Joining the GCN presenting team, Conor said “Thanks to cycling, I have been fortunate enough to meet so many incredible people and enjoy some experiences I will never forget. I am so incredibly excited to start a new chapter here at GCN. I’m looking forward to challenging myself in new ways, while continuing my love of the sport in a fresh way and I hope to be able to share this with the GCN audience.”Simon Wear, Founder and CEO of Play Sports Group, said “I am delighted that Conor has joined us as the new presenter on the Global Cycling Network. With his riding skills, knowledge and insight, he brings new ideas and extra flair to the team. Conor’s depth and diversity of racing experience helps ensure that our roster of presenters is top class and we are very pleased to welcome him on board.” Relatedlast_img read more

Amnesia and the Self That Remains When Memory Is Lost

first_imgThe Atlantic: Tom was one of those people we all have in our lives — someone to go out to lunch with in a large group, but not someone I ever spent time with one-on-one. We had some classes together in college and even worked in the same cognitive psychology lab for a while. But I didn’t really know him. Even so, when I heard that he had brain cancer that would kill him in four months, it stopped me cold.I was 19 when I first saw him — in a class taught by a famous neuropsychologist, Karl Pribram. I’d see Tom at the coffee house, the library, and around campus. He seemed perennially enthusiastic, and had an exaggerated way of moving that made him seem unusually focused. I found it uncomfortable to make eye contact with him, not because he seemed threatening, but because his gaze was so intense.Read the whole story: The Atlantic More of our Members in the Media >last_img read more

SP6T, SP8T, SP12T UltraCMOS Switches for Next Gen Test & Measurement Designs

first_imgPeregrine Semiconductor has introduced three new SP6T, SP8T and SP12T Switches optimized for the next-generation of test & measurement equipment. The UltraCMOS® PE42562, PE42582 and PE42512 high-throw count RF switches support a wide frequency range from 9 kHz to 8 GHz and offer an external VSS pin to eliminate spurs. They have a low insertion loss, high isolation, excellent linearity, a fast switching time and fast settling time.Test & measurement engineers can rely on these high-throw count switches to deliver performance, reliability and flexibility in their designs. They are ideal for test & measurement applications such as filter bank switching and transmit/receive (T/R) signal path switching. An advantageous capability of these high-throw count switches is a mirror port selection feature, which enables simultaneous RF path selection through a single control bus. Instead of a multitude of single-pole, double-throw (SPDT) switches, two high-throw count switches can be used in a dual-switch configuration. To activate the mirror port selection feature, the logic select (LS) pin on one switch is grounded, and the LS pin on the second switch is left with “no connect”. This simplified layout—where one logic control signal is sent to both switches – saves board space and layout time. To learn more about this mirror port selection feature, download “Application Note 68: Simultaneous Path Selection in a Dual-switch Configuration” from Peregrine’s website.  Optimized for test & measurement applications, the UltraCMOS PE42562 (SP6T), PE42582 (SP8T) and PE42512 (SP12T) RF switches cover a wide frequency range from 9 kHz to 8 GHz. The absorptive switches have an external VSS pin to eliminate spur. These highly flexible switches have extremely high port-to-port isolation and low insertion loss across the entire frequency range. Each high-throw count switch delivers high linearity of 60 dBm IIP3, exceptional power handling of 33 dBm continuous wave (CW), a fast switching time in the 200 nanosecond range and a fast settling time. The PE42562 and PE42582 are offered in a 24-lead 4 x 4 mm QFN package, while the PE42512 is available in a 32-lead 5 x 5 mm QFN package. Samples and evaluation kits are available now. Volume-production parts will be available at the end of March. For 10K-quantity orders, each PE42562 (SP6T) switch is $4.99. Each PE42582 (SP8T) switch is $5.87, and each PE42512 (SP12T) switch is $10.28.last_img read more

Perry Pirates Beat Madison Blue Streaks 49-7 In 59th Battle For The “Little Brown Jug”

first_img Related Topics Scott Piker Perry, Ohio – Since the Madison Blue Streaks and Perry Pirates renewed their rivaly back in 2008, the victories have come in bunches. These neighborhood rivals have played some of the most memorable games in Lake County high school football history.The 59th battle for the “Little Brown Jug” will not go down as an instant classic as the previous two meetings did. The host Pirates dominated the visiting Blue Streaks from the opening kickoff. Perry wins the “Little Brown Jug” for a third consecutive year 49-7.The Pirates scored all 49 points in the first half. The only things that went wrong for the Porates were a fumble inside the Blue Streaks 5-yard line on its opening possesion and a 99-yard touchdown run called back on a holding penalty.The Pirates got outstanding contributions from its seniors and a true freshman. Senior quarterback Kolston Brewster tossed three touchdow passes. Junior running back Jake Reid caught a touchdown pass and ran for a score. Freshman Jaylen Anderson found the endzone three times.“We’re happy that we came out and played so well right off the bat,” Perry head coach Matt Rosati said following the game. “We’ll take it. The Little Brown Jug stays and were onto our next mission.”The Blue Streaks did not record a first down until there was 4:36 remaining in the first half on a run by sophomore quarterback Alex Dragas.Madison avoided the shutout in the final two minutes of the game on a touchdown run by junior running back Dominic Conforte. The running clock rule was in effect for the entire second half.“I give the Madison guys credit, they fight hard,” Rosati said. “They’re a very well coached team. We’re very fortunate things went our way. We have playmakers and they did what they do in a big game. I am proud of our guys for how they played. It went well for us tonight.”Perry improves to 3-0. Madison falls to 1-2. Both schools open up conference play in week four. Perry hosts Chagrin Valley Conference rival Beachwood. Madison hosts Western Reserve Conference foe Willoughby South.center_img Scott Piker has spent over 15 years in the Cleveland media covering news and sports with experience in radio, television, print and digital media. He has covered everything from high school, college, Indians, Browns, Cavaliers and Buckeyes. Scott spent five years as the sports producer at WEWS NewsChannel 5, the ABC affiliate in Cleveland and also has his sports work featured on Scott has also received an emmy award in television news. Scott was born and raised and still resides in his hometown of Madison, Ohio.last_img read more