Hapag-Lloyd Raising New Funds after Merger with UASC

first_imgGerman carrier Hapag-Lloyd will carry out a capital increase, agreed upon as part of its merger with United Arab Shipping Company (UASC), with the gross proceeds expected to reach EUR 352 million (USD 414 million).The company said that the expected gross issue proceeds from the capital increase would primarily be used for the repayment of debt as well as general corporate purposes.“Following the successful merger with UASC, we will use the capital increase to strengthen our capital structure and to use the proceeds to reduce the leverage of the company. This enables us to focus on enhancing our strategic and operating objectives,” Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said.Following the the official merger of the two companies in May 2017, the shareholders approved new authorised share capital for a capital increase.The capital increase is backstopped by the primary shareholders CSAV Germany Container Holding GmbH, Kuehne Maritime GmbH, Qatar Holding Germany GmbH and The Public Investment Fund of the Kingdom of Saudi Arabia for a total of EUR 352 million.They have committed to exercise their subscription rights and to acquire new shares that are not acquired by other shareholders.The company’s share capital of EUR 164,042,940.00 will increase by EUR 11,717,353.00 to EUR 175,760,293.00 by issuing 11,717,353 new no-par shares in exchange for cash while maintaining the shareholders’ subscription rights. The new shares became eligible for dividends on January 1, 2017 and shall be offered to all shareholders at a subscription price of EUR 30.00 and a ratio of 14:1 per share.The subscription period for the shareholders is expected to start on 2 October 2017 and end on 16 October 2017.Separately, Hapag-Lloyd will finalize its comprehensive newbuild programme by taking delivery of the 15,000 TEU containership Al Jmeliyah at the shipyard of Hyundai Samho Heavy Industries (HSHI) in South Korea on September 28.Classed as an ultra-large container vessel (ULCV), the boxship giant is scheduled to start operating this weekend on the FE4 service of THE Alliance between Asia and Northern Europe, just like its predecessor, the Afif, which was delivered in July.The 368-metre-long Al Jmeliyah, which features 153,148 tonnes, is the last in a series of 17 newbuilds contracted to HSHI by UASC in the summer of 2013. The series comprised eleven 15,000 TEU and six 19,900 TEU ships, the first of which was delivered in 2015.Following the merger with Hapag-Lloyd at the end of May this year, these units became a part of the Hapag-Lloyd fleet, which currently consists of 219 ships, making Hapag-Lloyd the fifth-largest liner shipping company in the world.Image Courtesy: Hapag-Lloydlast_img read more

Students to start bike share program

first_imgFive USC students plan to launch the bike-share program, Ryde, on campus this upcoming fall semester.Ryde allows students to use bikes located all over campus. Ryde is controlled by an app where users can pay by use or through subscription. The app allows users to locate bikes near them and also reserve a bike when they are on the way to receive it. The team is also developing a feature that allows the bike to lock itself after use or when left idle.The Ryde team includes Pranav Sudesh, a senior majoring in mechanical engineering; Ashan Marla, a freshman majoring in computer science; Caroline Zhong, a senior majoring in international relations (global business); Jon Koehmstedt, a junior majoring in computer science; and Spencer Pearlman, a freshman majoring in business cinematic arts.The team has received help from Paul Orlando, an adjunct professor who runs the USC Incubator, during their program’s development.According to Sudesh, Ryde will improve student transportation on campus.“You don’t have to worry about owning a bike [or] maintaining it, but it’s always there when you need it,” Sudesh said.Sudesh said bike sharing can help free up space on campus.“Administration is not so pleased with the number of bikes on campus,” Sudesh said. “Bike sharing has a lot more potential than just giving out free bikes, because … it’s pretty easy for people to share 100 bikes.  On the other side, you’re removing 200 bikes from campus, because all of those people, instead of owning their own bike[s] … are sharing a system that declutters the area.”Ryde was a finalist in the USC New Venture Seed Competition and is still waiting to hear back on who won. Ryde also participated in Startup Equinox and and a SparkSC event: Arts, Grooves and Food.Marla said Ryde will begin in fall 2015.“We’re aiming to roll out a soft launch in this coming fall,” Marla said. “We will be somewhere supplying somewhere between 10 to 20 bikes and just seeing whether USC is ready for bike sharing and whether this bike-sharing system that we’ve developed [can] work on campus. We also want to see how students react to it, because at the end of the day, this is for the students.”The bike share program also worked with USG to create a plan to implement the sharing system that targets future freshmen.Marla said USG’s help has been important for program development.“USG has been the leading advocacy for Ryde up until now and we’re here and we’re going to be launching as a result of them supporting us so much,” Marla saidMarla said Ryde could possibly branch to other campuses if the USC system is successful“We’re first trying to see ‘does USC respond well to it’,” Marla said. “We’re trying to really tailor … [this] service to the Trojans [but] later on if it works, awesome, that’s something we can share with a lot more people, but right now our focus is just enhancing and making it optional for a USC student just to hop on a bike.”last_img read more


first_imgENTERTAINMENT ARCHITECTS GIG LISTINGS W/C 3 SEPTEMBER 2012This week don’t forget… ·         Don’t miss indie rockers Leaders Of Men this Thursday! The band have just released their second EP ‘A Trick On Confidence’ and will be performing a very special show at The Workman’s Club. Check out WMC website for details!·         Overhead,The Albatross play The Workman’s Club this Saturday, the lads are hoping to raise funds for the recording of their debut album so you can pay an optional charge of whatever you like at the door. They’ll be joined by Croupier and Bantum on the night.·         The Workman’s Club turn 2 this week!  Birthday celebrations kick off all this week and this Saturday DJ Andy O’Connell will be providing some funk, soul and everything in between. Plus there will be selected birthday drink deals. PLUS IT’S FREE IN…..Not to be missed!!Finally this Sunday, Duke Special finishes his week as guest curator for the first ever ‘in the Court of…’ festival, taking place at The MAC, 10 Exchange Street West, Belfast. Duke will perform a special live show, with collaborations from friends he has worked with down through the years.SEPTEMBER TUESDAY 4 SEPTEMBERDanger Overhead Presents The Death of Comedy with Tony Law and many more, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €8/€5 for members www.theworkmansclub.com/listingsDJ Shane O’Reilly (Bipolar Empire), The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10:30pm/FREE for more infowww.theworkmansclub.com/clubs WEDNESDAY 5 SEPTEMBERSomewhere? Club with DJ Niall ‘Charming Man’ D’Arcy – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10:30pm/FREE before 11pm – €5 after www.theworkmansclub.com/clubs THURSDAY 6 SEPTEMBERMCD Presents Leaders of Men, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/FREE ENTRY People can reserve their place via www.facebook.com/leadersofmen for more info www.theworkmansclub.com/listingsPUSH with DJ Andy O’Connell – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10pm/FREE www.theworkmansclub.com/clubsFRIDAY 7 SEPTEMBEROverhead, The Albatross with special guests Croupier and Bantum, Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Pay What You Like. For more info www.theworkmansclub.com/listingsDJs Cillian McDonnell, Tanya Sweeney (The Star) and Jim Carroll (On The Record/Irish Times), The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10pm/FREE www.theworkmansclub.com/clubs  SATURDAY 8 SEPTEMBERThe Workman’s 2nd Birthday Party with DJ Andy O’Connell, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10.30pm/FREEwww.theworkmansclub.com/clubsAiken Promotions presents Husky, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €13 fromwww.ticketmaster.ie SUNDAY 9 SEPTEMBER In the court of…Duke Special – The MAC, 10 Exchange Street West, Belfast, BT1 2NJ. Show 7.45pm/Tickets £9.50 for more details seewww.themaclive.comMASS with Sister Lisa Marie – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10:30pm/FREEwww.theworkmansclub.com/clubsTHURSDAY 13 SEPTEMBERAiken Promotions presents Amelia Curran – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €13 fromwww.ticketmaster.ieFRIDAY 14 SEPTEMBERPeter Doran, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €10 for more info www.theworkmansclub.com/listingsRam’s Pocket Radio, The Playhouse 47 Main Street, Portrush, Antrim – Doors 9pm/Tickets £5 for more infowww.portrushplayhouse.com/musicSATURDAY 15 SEPTEMBERThe Very Specials – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8.00pm/Tickets €10.00 for more infowww.theworkmansclub.comSUNDAY 16 SEPTEMBERJerry Fish – Valentia Isle Festival, Valentia Island, Kerry For more info www.valentiaisle.com THURSDAY 20 SEPTEMBERRam’s Pocket Radio, The Limelight, 17 Ormeau Avenue, Belfast, County Antrim – Doors/Tickets TBC for more infowww.limelightbelfast.comCumann Gaelach Presents Ham Sandwich, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets TBC for more infowww.theworkmansclub.comFRIDAY 21 SEPTEMBERSolar Taxi, The INEC Acoustic Club, Muckross Road, Killarney – Doors 8:30pm/Tickets TBC for details contact The INEC on 064-6671555Elevens, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €10 from www.eurotickets.ieRams Pocket Radio, The Duke, 7 Duke St Warrenpoint Co. Down Doors 21:30 / Tickets £7 for more infowww.facebook.com/pages/Warrenpoint-Music-SceneSATURDAY 22 SEPTEMBERAiken Promotions presents Jesca Hoop, – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8.00pm/Tickets €16.50 including booking fee from www.ticketmaster.ieSolar Taxi, Shortts Bar, John Street, Waterford – Doors 10pm/Tickets TBC for more details see www.breakingtunes.com/solartaxiRams Pocket Radio, The Cellar Bar, 37 St Patricks Street, Draperstown Doors TBC / Tickets TBC for more info www.cellarbar.infoTUESDAY 25 SEPTEMBERRam’s Pocket Radio, Cyprus Avenue, Caroline Street, Cork – Doors/Tickets TBC for more info www.cyprusavenue.ieWEDNESDAY 26 SEPTEMBERSolar Taxi, Crane Lane, Phoenix St, Co Cork – Doors 10pm/Tickets TBC for more details see www.breakingtunes.com/solartaxiRam’s Pocket Radio, The Róisín Dubh, Dominick St., Galway – Doors/Tickets TBC for more detailswww.roisindubh.netTHURSDAY 27 SEPTEMBERAiken Promotions presents Hamell on Trial – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8.00pm/Tickets €19.00 for more info www.theworkmansclub.com/listingsSolar Taxi, The Factory, 36 Upper Abbeygate, Co Galway – Doors/Tickets TBC for more details see www.breakingtunes.com/solartaxiRam’s Pocket Radio, The Forum Waterford, The Glen Waterford City – Doors/Tickets TBC for details www.forumwaterford.ieFRIDAY 28 SEPTEMBERRam’s Pocket Radio, The Academy 2, 57 Middle Abbey Street Dublin 1 – Doors/Tickets TBC for details www.theacademydublin.com/SATURDAY 29 SEPTEMBERJerry Fish, The Róisín Dubh, Dominick St., Galway – Doors 9pm/Tickets €18/€16 members. For more info www.roisindubh.netDolittle Presents Seamus Fogarty and Special Guests Mossy Nolan, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €8 including booking fee from www.ticketmaster.ieRam’s Pocket Radio, Culturlann Ui Chanain 37 Mórshráid Shéamais, Derry – Doors/Tickets TBC, for more info www.culturlann-doire.ieSUNDAY 30 SEPTEMBEREntheos and guests Radioactive Grandma, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €8 Including Booking Fee from www.tickets.ie OCTOBERTUESDAY 2 OCTOBERSolar Taxi, The Ruby Sessions, Doyle’s, College Street, Dublin – Doors 9pm/Tickets €5 for more details see www.breakingtunes.com/solartaxi THURSDAY 4 OCTOBERJulie Feeney, Dublin Theatre Festival, Projects Arts Centre, Dublin 2 – Doors 1pm/FREE for details see www.irishtheatreinstitute.ieSolar Taxi, Tower Records, 6-8 Wicklow St, Dublin 2 – 6pm/Free. For more info www.towerrecords.ieFRIDAY 5 OCTOBERSolar Taxi, The Academy 2, 57 Middle Abbey Street, Dublin 2 – Doors/Tickets TBC  for more info see www.breakingtunes.com/solartaxiWEDNESDAY 10 OCTOBERDolittle Presents Echo Lake and Guests, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €12 on sale now fromwww.ticketmaster.ieTHURSDAY 11 OCTOBERThe Group, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €8 for more info www.theworkmansclub.com/listingsSATURDAY 13 OCTOBERJulie Feeney, Holy Trinity Church, Westport, Co Mayo – for details check out www.westportartsfestival.comJerry Fish, George Bernard Shaw Theatre, Dublin Road, Carlow – for details www.visualcarlow.ie FRIDAY 26 OCTOBERMCD Presents Tim Burgess, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 7.30pm/Tickets €20.00 from www.ticketmaster.ieSATURDAY 27 OCTOBERHorslips, INEC, Killarney, Co. Kerry – Doors 8pm/Tickets €29.90 from Ticketmaster / More info at www.inec.ie SUNDAY 28 OCTOBERHorslips, Royal Theatre, Castlebar, Co. Mayo – Doors 8.30pm/Tickets €33.30 from www.ticketmaster.ieWEDNESDAY 31 OCTOBERRebecca Collins, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 10pm/Tickets 10/€8 students for more infowww.theworkmansclub.com/listingsThe Unusual History of Ether, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors €10/€8 students for more info seewww.theworkmansclub.com/listings NOVEMBERSATURDAY 03 NOVEMBERJimeoin Live at Vicar St. Doors 7:30pm/Tickets €25 on sale now from www.ticketmaster.ie or call 01 0818 719390WEDNESDAY 07 NOVEMBERJohn Bishop – ROLLER COASTER TOUR, THE O2 Dublin. Tickets €39.50 from www.ticketmaster.ieFRIDAY 09 NOVEMBERJohn Bishop – ROLLER COASTER TOUR, THE O2 Dublin. Tickets €39.50 from www.ticketmaster.ie on sale now!MCD Presents Laetitia Sadier, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €16 from www.ticketmaster.ie SATURDAY 10 NOVEMBERThe Riptide Movement, The Olympia, Dame Street, Dublin 2. Tickets from €16.85 including booking fee from usual Ticketmaster outlets nationwide www.ticketmaster.ieJohn Bishop – ROLLER COASTER TOUR, THE O2 Dublin. Tickets €39.50 from www.ticketmaster.ieon sale this Thursday at 9amFRIDAY 16 NOVEMBERJulie Feeney, The Source Arts Centre, Thurles, Co Tipperary – Doors 8pm/Tickets €18/€15 concession. For more details seewww.thesourceartscentre.ieRory & The Island, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €8 from www.ticketmaster.ie SATURDAY 17 NOVEMBERAiken Promotions presents Trampled By Turtles, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €17.50 fromwww.ticketmaster.ieJulie Feeney, The Solstice Arts Centre, Navan, Co Meath – Doors 8pm/Tickets €16/€12 with concession. For more details seewww.thesolsticeartscentre.ieSolar Taxi, Shortts Bar, John Street, Waterford – Doors 10pm/Tickets TBC for details see www.breakingtunes.com/solartaxi SUNDAY 18 NOVEMBERAiken Promotions presents Patterson Hood (Drive-By Truckers), The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 7.30pm/Tickets €20.00 from www.ticketmaster.ieJulie Feeney, The Hawkswell Theatre, Temple Street, Sligo – Doors/Tickets TBC for details see www.hawkswell.comMONDAY 19 NOVEMBERThe John Byrne Band with Guests, The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8pm/Tickets €10 fromwww.johnbyrneband.comTUESDAY 20 NOVEMBERJulie Feeney, Siamsa Tire, Town Park Tralee, Co. Kerry – Doors/Tickets TBC for details see www.siamsatire.comWEDNESDAY 21 NOVEMBERJulie Feeney, The Belltable, 69 O’Connell Street, Limerick – Doors/Tickets TBC for details see www.belltable.ticketsolve.ieTHURSDAY 22 NOVEMBERJulie Feeney, The Watergate Theatre, Parliament Street, Kilkenny – Doors/tickets TBC for details see www.watergatetheatre.comFRIDAY 23 NOVEMBERYouth of A Nation presents Zechs Marquise (USA, Rodriguez Lopez Productions & Sargent House) + MeltyBrains? The Workman’s Club, 10 Wellington Quay, Dublin 2. Doors 8pm/€12 http://www.theworkmansclub.com/listingsJulie Feeney, The George Bernard Shaw Theatre, Old Dublin Rd, Carlow – Doors 8pm/Tickets €16/12 concessionFor details seewww.visualcarlow.ie SATURDAY 24 NOVEMBERHarmonic presents Father John Misty – The Workman’s Club, 10 Wellington Quay, Dublin 2 – Doors 8.00pm/Tickets €13 including booking fee from www.ticketmaster.ieJulie Feeney, The Riverbank Arts Centre, Newbridge, Co Kildare – for details see www.riverbank.ieSUNDAY 25 NOVEMBERJulie Feeney, Draiocht Arts Centre, Blanchardstown, Dublin 15 – Doors 8pm/Tickets €16/€14 for details see www.draiocht.ieTHURSDAY 26 NOVEMBERJulie Feeney, The White Horse, West Village, Ballincollig, Co. Cork – Doors/tickets TBC for details see www.whitehorse.ie DECEMBERFRIDAY 7 DECEMBERThe Minutes, Whelan’s, Wexford Street, Dublin 2.  Doors 7pm/tickets €15 inclusive of booking fee from Ticketmaster outlets and online atwww.ticketmaster.ie or WAV Ticket Office, Lo Call 1890 200 078 or wavtickets@gmail.comMONDAY 10 DECEMBERJulie Feeney, The Linenhall Arts Centre, Castlebar, Co Mayo – Doors 8pm/Tickets €16/€14 concession. For details see www.thelinenhall.comFRIDAY 14 DECEMBERSolar Taxi, Oliver Plunkett’s, Oliver Plunkett Street, Cork – Doors 10pm/Tickets TBC for more info see www.breakingtunes.com/solartaxiENTERTAINMENT ARCHITECTS NATIONAL GIG GUIDE was last modified: September 3rd, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:ENTERTAINMENT ARCHITECTS NATIONAL GIG GUIDElast_img read more

Watch BioWares Mass Effect 4 livestream roundtable right now

first_imgToday is N7 Day, a cute reminder that November 7 shares a letter and number with Mass Effect’s highest-level special agents. In honor of this fake holiday, BioWare is hosting a roundtable discussing all things Mass Effect 4, and you can watch it below.Very little is known about Mass Effect 4 at the moment. So far, we know that the worst vehicle in video game history, the original Mass Effect’s Mako, will be making a comeback — and shouldn’t make you seriously consider returning the game for a refund. The upcoming sequel will also likely not feature Commander Shepard, nor will it feature main characters from the previous trilogy. It will, however, feature similar races. We’re hoping every character in the game will be hanar — including our hero — and the whole game will take place on the hanar homeworld.The new hero is somehow connected to N7, but BioWare hasn’t revealed exactly how. It has also been revealed that the story takes place in a new region of space compared to Shepard’s Reaper-infested zones, but as we previously theorized, it can’t be too far away considering the races of the original trilogy weren’t known to have traveled very far beyond Shepard’s region.So far, BioWare isn’t calling the game Mass Effect 4 like the rest of us, and it appears to be the game is more of a spiritual sequel, rather than directly continuing the story of the trilogy. For now, all we can do is theorize, and devour any bones BioWare tosses us, like the above roundtable.last_img read more