TORM Nets USD 496 Mn for Debt Refinancing

first_imgDanish tanker shipping company TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders to refinance its debt and bolster its capital structure.The company said the total amount is a combination of two separate term facilities and a revolving credit facility, which will be used to refinance the company’s debt covering a total of USD 502 million.“I am very pleased that we have been able to utilize TORM’s strong relationship with our lenders to remove all major near- and medium-term debt maturities with the financing of USD 496m in debt facilities at attractive terms. TORM’s new debt repayment profile further strengthens our capital structure and supports financial and strategic flexibility for our Company,” says CFO Kim Balle.The new term debt is structured as a Syndicated Facility of up to USD 341 million with maturity in 2026 covering 27 vessels, a Term Facility of up to USD 110 million with maturity in 2025 covering 19 vessels built between 2002 and 2006, and a USD 45 million revolving credit facility maturing in 2026.The bank group in the Syndicated Facility and the revolving credit facility includes Danske Bank, ING, ABN AMRO, Nordea, Swedbank, Crédit Agricole CIB and Société Générale. Hamburg Commercial Bank is providing the USD 110 m Term Facility. Following the refinancing, TORM will not have any major debt maturities until 2026.TORM expects to finalize documentation and execute the refinancing during the first quarter of 2020. The company operates a fleet of 80 ships.last_img read more

National Team Not Yet Named for 2011 Win Lotto Windward Island T20/20 Tournament

first_imgNewsSports National Team Not Yet Named for 2011 Win Lotto Windward Island T20/20 Tournament by: – May 16, 2011 Tweet Share Sharing is caring! 44 Views   no discussionscenter_img Share Share Windsor Park Stadium, Roseau. Photo credit: banglacricket.comThe thirty (30) cricketers who were selected by the National Selectors for the 2011 Win Lotto Windward Island T20/20 Tournament on Thursday evening had their third training match at the Windsor Park Sports Stadium to once again try to impress the selectors to name a Dominican Team.The Game which was a day night game separated the training group into two teams; Tyron’s eleven and Kevin’s 11.Elton Mark who played with Tyron’s 11 against Kevin’s 11 was one of the trainees who had an excellent spell with the ball getting a hatrick and finishing with 4 wickets for 11 runs in 3 overs.Dominica Vibes News got the opportunity to interview Mr. Mark as to his performance on Thursday evening.Click here to listen to interview with Mr. Elton Mark: The National Team was supposed to be called out on Friday 13th May 2011 but has yet to be called. Reports to Dominica Vibes News indicates that the National Selectors were having a difficult time picking a team and that the team would be called sometime next week.The cricketers who were named for the training squad for the 2011 Win Lotto Windward Island T20/20 Tournament were:Martin MathewMervin MathewJunior JervierKent MitchelJerlanie RobinsonVivian TitreKavem HodgeRay CasimirShane ShillingfordElton MarkJoel MingoNigel CarbonDenis BellAnderson JollyKevin JamesClem NicohlasJohn FabianVincent CasimirOscar GeorgeJean PaulKirstin CasimirOdiama OrnareVincent LewisTimothy JosephSamuel MitchelTyrone TheophileRoyston SobersAllan LaurentLiam SebastianEzron GreenThe 2011 Win Lotto Windward Island T20/20 Tournament is carded for May 26th to May 29th 2011 at the Windsor Park Sports Stadium.News reporter: Ms. Grace HendersonDominica Vibes Newslast_img read more

Kalinago Marketing Tools & Home Stay Programme

first_img Sharing is caring! LocalNews Kalinago Marketing Tools & Home Stay Programme by: – November 25, 2011 Share Share Tweetcenter_img Share 19 Views   no discussions Roseau, Dominica — In an effort to improve the marketability of the Carib Territory, a major component of Dominica’s tourism product, Discover Dominica Authority in collaboration with the Kalinago community have upgraded and expanded a Kalinago website (www.kalinagoterritory.com), produced a brochure which includes all the sites and attractions of the Territory as well as its history/culture and developed a Kalinago Home Stay Programme. The Host Homes will be private, owner occupied residencies which will provide simple accommodation for a modest fee to be arranged by the Coordinator of the programme, the Manager of the Kalinago Barana Autê. Hosts will be residents of the Kalinago Territory who enjoy meeting people and are willing and prepared to share their culture with others. The home stay programme is designed to provide visitors with an opportunity to experience the rich and unique heritage of Dominica’s first settlers, the Kalinago People while at the same time, provide greater opportunities for the residents of the community to benefit from the tourism sector. The Discover Dominica Authority in collaboration with the Kalinago Barana Autê of the Ministry of Tourism and Legal Affairs will launch the promotional material and the home stay programme on Friday, November 25, 2011 from 2:30pm at the Kalinago Barana Aute, Salybia. To mark the occasion, the Kalinago Chief, the Kalinago Council, Parliamentary Representative for the constituency, the Local Government Department, Kalinago home stay providers and other Kalinago stakeholders will be present at the event. The brochure and website will be showcased and the Karina Cultural Group will celebrate the event with a performance. Press ReleaseDiscover Dominica Authoritylast_img read more

Thousands of migratory waterbirds flock Iloilo wetlands

first_imgTwenty-five (25) species ofmigratory birds namely Black-winged Stilt, Purple Heron, Whistling Duck, MarshSandpiper, Javan Pond Heron, Common Kingfisher, Whiskered Tern, Gull-billedTern, Little Egret, Intermediate Egret, White-browed Crake, Moorhen, Whimbrel,White-collared Kingfisher, Sea Collared Kingfisher, Redshank, Common Greenshank,Grey Heron, Plover, Wood Sandpiper, Philippine Duck, Northern Pintail, WanderingWhistling-duck, Asian House Martin and Osprey took their annual escape from thewinter in temperate regions. Different migratory waterbirdswith diverse colors and features were sighted in the wetlands located at Barangaysof Sooc and San Jose in Arevalo district; Hinactacan in La Paz district; Bitoonin Jaro district and at Katunggan Park in Sitio Panus-on, Nabitasan, Leganes onJan 4 and Jan. 7-10, 2020. Center photo: Flock of Egret birds captured through the spotting scope (Left). An osprey seen from afar in Katunggan Park at Sito Panus-on, Nabitasan, Leganes. (Right) The staff of CENRO Guimbal used binoculars and spotting scope as they count waterbirds flocking in a wetland at Hinactacan, La Paz, Iloilo City. The team of CENRO Guimbal usedbinoculars and a spotting scope to sight and count the migratory waterbirdsbound to save their own species by looking for temporary habitat to feed andbreed. Wetlands play various roles inthe protection of our environment by reducing the impacts of floods, absorbpollutants and improve water quality. It serves as a safe haven for differentspecies of migratory birds in search for their food, temporary home and breedinggrounds.center_img A TOTAL of 2,610 waterbirdswere seen flocking in five wetlands in Iloilo during the Annual WaterbirdCensus conducted by Community Environment and Natural Resources Office (CENRO)-GuimbalWildlife Conservation Section and Wildlife Traffic Monitoring Unit. Wetlands are rich in naturalresources. It also protects the birds as well as the people in the community. “Itis important to conserve the wetlands as they become a transitory abode tomigratory birds. We aim for more prolific wetlands that may incline migrationof birds to the areas. This can be another ecotourism attractions in the Cityof Love,” said regional executive director Francisco E. Milla, Jr. of theDepartment of Environment and Natural Resources Region 6./PN Here in the Philippines, thepeak months for birds migrating to the south are usually during September toNovember, while those travelling to the north often occur between February andApril. Migratory birds are oftenthreatened by human activities through the conversion of ecosystems fordevelopment purposes. The Department of Environment and Natural Resources,through the Biodiversity Management Bureau closely work with organizations ofbird watchers and other wildlife enthusiasts to protect migratory bird sites.last_img read more

Buenavista rolls out resident ID system

first_imgThe town of Buenavista has a total of 36 villages. Around 40,000 residents can avail themselves of the ID card./PN ILOILO City – The municipality of Buenavista, Guimaras has launched a resident’s identification (ID) card system for faster contact tracing despite the province remaining free from coronavirus disease 2019 (COVID-19) infection. He encouraged the residents – aged five years old and above – to avail themselves of the ID card which is issued by the municipality for free.“Ang local government unit (LGU) nag gasto gid sini para sa protection sang aton pumuluyo, so I appeal to all residents to avail the ID kay free man ini,” said Reyes. Mayor Eugenio Reyes said the ID card is for residents to use at the Buenavista wharf when going to and arriving from Iloilo City and when visiting the municipal office. In order to have the ID card, residents should fill out first a personal data form which they can get from their respective village officials.According to Reyes, they are the first LGU in Western Visayas to implement the ID system which aims to strengthen safety measures against the virus.“The province of Guimaras remains the only province in Western Visayas to be COVID-free, yet we are not complacent. We are exerting all our efforts by observing proper protocols and precautions as mandated by the Inter-Agency Task Force on Emerging Infectious Diseases. Contact tracing to individuals with confirmed, probable and suspected exposure to the virus and isolation and quarantine measures are carried out,” the mayor added. “If they (already) have the ID, they can swipe them in a scanner.  A printed receipt indicating the date, time of entry or exit and name of the motorboat will then come out. In case a person is positive for COVID-19, it’s easy to conduct contact tracing,” he explained. For non-residents, they have to fill out the required forms when entering or leaving Buenavista, Reyes added. Mayor Eugenio Reyes of Buenavista, Guimaras swipes his resident identification (ID) card on a scanner at the town’s wharf on July 1. The municipality has launched the ID card system for easier coronavirus disease 2019 contact tracing. RUBY SILUBRICO/PNlast_img read more

Strong storms rake southeastern Indiana Friday

first_imgWilmington, Oh. — Strong storms rolled across the tri-state early Friday morning.In southeastern Indiana there were reports of hail, wind gusts up to 60-miles-per-hour and many residents without power.It is unknown if a tornado touched down, but National Weather Service officials issued a tornado warnings for the Cincinnati/Northern Kentucky area in the 7 a.m. hour.Southeastern Indiana REMC customers can check the outage map here.Duke Energy customers can check the outage map here.last_img

David Leroy “Hap” Chandler

first_imgMr. David Leroy “Hap” Chandler, age 78, of Cross Plains, Indiana; Hap as he was known by many people entered this life on July 27, 1940 on Graham Road near Madison, Indiana. He was the oldest of seven children born to the late Thurman and Mable McGee Chandler. David’s family moved to Cross Plains shortly after his birth and that is where he grew up and was a 1958 graduate of the Cross Plains High School. He furthered his education attending one year at Ball State University. On November 28, 1959, he married Anita McCauley in Dewberry, Indiana. This happy union of nearly 60 years was blessed with two sons, Timothy and Jeff. David and Anita moved immediately to Cross Plains, Indiana where he lived the rest of his life. David was a founding member of and a lifelong member of the Laughery Valley Fish and Game Club, a forty-year member of Canaan Masonic Lodge No. 581 F. & A.M. serving as secretary of the lodge in Canaan, Indiana. David served as chairman of the Democratic Party in Ripley County, Indiana for a period of seven years. He was a member of the 40 & 8, the Madison Moose Lodge No. 765 for 33 years, the American Legion Post No. 292 for 34 years, and a lifetime member of the Fraternal Order of Eagles Post No. 2018 and was commissioned as a Kentucky Colonel by the Governor of Kentucky. In 1960 David began working for the Monsanto Chemical Company; he worked there for 35 years in production and as a mechanic. He was vice-president of Local 561 Chemical Workers Union for a number of years. David was baptized into Christ and became a member of the Salem Christian Church in Cross Plains, now the Cross Plains Church of Christ. He loved his country, community, UK Wildcats, his grandchildren and great-grandchildren. He loved buying and selling “articles too numerous” to mention and set up every spring and fall at the Friendship Flea Market for over 40 years. He believed in strongly and held dear to his heart the family farm, his family and his friends. He had always said that he wanted to “live respected and die regretted.” He had owned the Cross Plains Mill for many years and set and waved from the porch daily for many years. David died on Saturday, April 27, 2019, at 10:15 a.m. at the River Terrace Health Campus in downtown Madison, Indiana.A LOVING FAMILYDavid will be missed by his loving wife of nearly 60 years, Anita McCauley Chandler of Cross Plains, Indiana; his loving son, Jeff Chandler and his wife, Robin of Cross Plains, Indiana; his beloved grandsons, Timothy Chandler and his wife, Erin of Madison, Indiana, Charlie Chandler of Cross Plains, Indiana, Dylan Chandler and his wife, Laura of Cross Plains, Indiana; his adoring great-grandchildren, Jasmine, Austin, Harper, Cooper, Hudson, Emily, and Lincoln; his sisters, Wanda Powell of Tams, Illinois, Judy Cole of Madison, Indiana, Jean Tipton of Kent, Indiana, Sharon Turner of Bedford, Kentucky; his brothers, Keith Chandler and his wife, Benna of Kent, Indiana, Steve Chandler and his wife, Linda of Cross Plains, Indiana; several nieces, nephews and other relatives. He was preceded in death by his father, Thurman Chandler, died August 14, 1979, his mother, Mable Ruth McGee Chandler, died December 14, 2006, his son, Timothy David Chandler, died April 24, 2013, his daughter in law, Vicki Chandler, died August 9, 2008, and his granddaughter, Emma Faith Chandler, died September. 23, 2006.FUNERAL CEREMONYFuneral services will be conducted Wednesday, May 1, 2019, at 11:00 a.m., by Bro. Randy Thieman at the Cross Plains Church of Christ, 2462 E. County Road 1050 South near Cross Plains, Indiana. Interment will follow in the Salem Cemetery near Cross Plains, Indiana.VISITATIONFriends may visit Tuesday from 4:00 p.m. – 8:00 p.m. at the Morgan & Nay Funeral Centre, 325 Demaree Drive Madison, Indiana and Wednesday from 10:00 a.m. until the time of service at the Cross Plains Church of Christ, 2462 E. County Road 1050 South near Cross Plains, Indiana.MASONIC SERVICEA Masonic service will be conducted on Tuesday at 7:30 p.m. at the Morgan & Nay Funeral Centre, by Canaan Masonic Lodge No. 581 F. & A.M.MEMORIAL EXPRESSIONSMemorial contributions may be made to the Salem Cemetery. Cards are available at the funeral homes and the church. Online condolences, www.morgan-nay.comlast_img read more

AFCON 2021 Qualifier: Kalu scores decisive goal as Nigeria defeat Benin Republic

first_imgRelatedPosts Nigeria dying under Buhari’s jackboot, by Tunde Odesola Nigeria: We can’t breathe, by Gabriel Agbo Yes, Nigeria is collapsing forward, by Femi Adesina Samuel Kalu on Wednesday shot Nigeria to the top of Group L of the 2021 African Cup of Nations qualifier against Benin Republic at the Godswill Akpabio International Stadium, Uyo.News Agency of Nigeria reports that the visitors had taken a surprise lead as early as the third minute of the game through Stephane Sessegnon.The Super Eagles however rallied and got the equaliser through Victor Osimhen in the 45th minute from the penalty spot as the score ended 1-1 at the end of the first half.Thanks to Kalu who was introduced in the second half, Nigeria made sure of the three points for the Eagles in the 63rd minute.This was after Kalu went on a solo run, dazzling in between three defenders before burying the ball at the far right corner of the post.In the other Group L game also played on Wednesday, Sierra Leone failed to beat Lesotho in Freetown as the game ended 1-1. Tags: Godswill Akpabio International StadiumNigerialast_img read more

Falode celebrates NWPL legend Oshoala over fourth crown

first_imgRelatedPosts Oshoala visits Lagos Oba Oshoala unlucky as Wolfsburg beat Barca to reach Women’s Champions League final Oshoala nets brace in Barca win The Chairperson of the Nigeria Women Football League, Aisha Falode, has called on Nigerians to join her to celebrate Asisat Oshoala, who was on Tuesday voted as the CAF African Woman Footballer of The Year. Falode said in Lagos that the award was well deserved for the Super Falcons Captain and Barcelona FC striker. “With this feat, Oshoala equalled the record set by fellow Nigerian soccer star, Perpetual Nkwocha, who had also won the women’s award four times in the past. “Assisat’s earlier CAF awards were won in 2014, 2016 and 2017.” Falode who is full of praise for the excellent player who graduated from the Nigeria Women Football League playing for Lagos-based Nigeria Women Premier League team, FC Robo. “Oshoala, is the first Nigerian to play in first class international clubsides like Arsenal Ladies, Liverpool Ladies and later Barcelona FC women’s team, topping it all as the Africa Footballer of the Year for the fourth record time. “I am delighted to know that the former FC Robo of Lagos striker became the second woman in the history of African football to win the prize for a fourth time, next to former Super Falcons player and assistant coach, Perpetual Nkwocha. “Asisat, won the award on Tuesday beating Cameroon’s Ajara Nchout and South Africa’s Thembi Kgatlana. “Besides equalling Perpetua Nkwocha’s feat, Oshoala also became the second African player, male or female, to win the gong four times between 2010 and 2019 after Cote d’Ivoire’s Yaya Toure,” she said in a statement. Falode added: “Oshoala’s feat, is a huge encouragement to young and budding talents in the three categories of the Nigeria women’s league; the Premier League, the Professional League and the Amateur league. “Oshoala should keep going higher in her strides to greatness in Women’s football at the international level. “Oshoala, who scored 15 goals in 19 matches, including a goal in the Champions League final, is good enough to win the World Footballer of the Year awards with hardwork and dedication. “It feels good to know that out of the 17 editions of the CAF Women Footballer of The Year Awards, homegrown players from the Nigeria Women Football League have won 12. “Out of this, Mercy Akide won once, Cynthia Uwak won twice and Perpetua Nkwocha and Asisat Oshoala winning four times apiece,” she said. Falode said that the feats were laudable achievements which the board of the NWFL would definitely improve upon so as to continue the dominance of the Nigerian league over other women leagues across the African continent.Tags: Aisha FoladeAsisat OshoalaCAF African Woman Footballer of the YearFC Robolast_img read more

Iheanacho: Leicester must sustain high standard

first_imgKelechi Iheanacho has stated that Leicester City must remain focused on their own philosophy of playing ahead of a four-game run-in at the end of the Premier League season.City face AFC Bournemouth on Sunday before tackling Sheffield United, Tottenham Hotspur and Manchester United over a 14-day period. Brendan Rodgers’ men currently occupy fourth place in the top-flight standings as they look to secure the Club’s second-best finish in the Premier League era.However, there are still more objectives to be achieved for the Foxes and Iheanacho, who has scored 10 goals in all competitions this term, said the squad is fully focused.Iheanacho has scored twice in the Premier League since the restart.“It’s been great, I’ve really enjoyed it,” the Nigeria international said, discussing the return of football. “We worked hard in training before the restart on getting our fitness right.“It was a bit different because, normally when the season finishes, you come back after a holiday or travelling, but when you’re just inside for three months, it’s hard. “Now, we need to keep our standard high and keep the philosophy that we’ve had since the start of the season. We just need to finish these four games well.“It needs focus to get it done and dusted. We’re ready, we’re focused, and we’re trying to get there.”Iheanacho, 23, also reserved praise for manager Rodgers, who, since his arrival in 2019, has elevated Leicester into a side competing in the upper reaches of the Premier League table.The former Manchester City striker also believes the Northern Irishman has had a real impact on his own career and says it is a ‘joy’ to play under his management.“He’s a different class,” Iheanacho added. “He speaks to everyone and motivates and encourages them. He got me going, to be fair. “He got everyone going. Whenever I’m playing, I’m free to express myself, so long as I stick to the plan, and it’s just a joy to play under him.”Earlier this month, meanwhile, Jamie Vardy reached the 100-goal mark in the Premier League, joining an illustrious list of players to have also achieved that feat in previous years.Iheanacho admitted that playing alongside City’s No.9 helps him to advance his own development, while he also enjoys the camaraderie which he brings to the team.“Jamie is a top striker,” continued. “He’s one of the best in the Premier League, so congratulations to him. It’s been great working with him and I’ve learned a lot from him.RelatedPosts Ighalo: My best moment as ‘Red Devil’ EPL: Son fires four past Southampton Ings not interested in leaving Saints, Southampton manager says “Most importantly, he’s a great guy and he’s funny, so I’m happy learning from him.”Tags: Kelechi IheanachoPremier LeagueSheffield UnitedTottenham Hotspurlast_img read more