Lands to be acquired as Burtonport Sewage Scheme moves forward

first_imgThe Burtonport Sewage Scheme has taken a step forward.County councillor Marie Therese Gallagher said the compulsory purchase of lands is a major development for the scheme.She said “Irish Water has today published a compulsory purchase order for lands required for the Burtonport Sewage Scheme. This scheme is an essential piece of infrastructure for the future development of Burtonport. “Today’s announcement is a step forward for this scheme and I would call on Irish Water to engage positively with the Community in Burtonport through this process.”“I will also be in contact with Donegal County Council to ensure that the proposed scheme allows connection for both Council housing estates in Burtonport “Áltan” and “An Choill” as tenants in both these estates have been left with waste water treatment system that do not function.”“I have continuously raised the need for a sewage scheme for Burtonport over the years, and will continue to do so until this essential piece of infrastructure is delivered.”Lands to be acquired as Burtonport Sewage Scheme moves forward was last modified: March 29th, 2019 by StephenShare 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)last_img read more

SAA to fly non-stop to New York

first_imgThe Airbus A340-600 will be used by SAA for the long-haul flight to New York. (Image: Flickr) South African Airways (SAA) passengers will soon be able to fly non-stop to New York – a move that will also ensure faster and more efficient transfer to other popular US destinations. This comes after SAA released an enhanced flight schedule on 26 January 2011. Passengers will have more seats to choose from on the New York route thanks to a bigger aircraft, as well as more seats on flights to destinations in Africa.The revised New York schedule will be effective from 1 May this year.SAA general manager Theunis Potgieter said: “From 1 May 2011 we will offer our customers the convenience of flying non-stop between Johannesburg and New York. Our non-stop flights will allow a full day in Johannesburg with an early morning arrival in New York.“The reduced travel time results in fast and efficient connections to several key US destinations such as Boston, Chicago, Florida, California, as well as Canada and the Caribbean,” added Potgieter.The direct link will mean less travelling time for New York-bound SAA passengers, who currently have to stop in Dakar, Senegal, en route for the plane to refuel.“SAA now offers the fastest and most comfortable way to commute between Southern Africa and this major global hub. Travellers originating from other domestic points and Southern African countries like Namibia, Botswana, Mozambique, Angola, and Zambia – and as far north as Kenya and Tanzania – can now be in New York with a single, quick connection via Johannesburg,” said Potgieter.The non-stop flight will depart from OR Tambo International in Johannesburg at 8:35pm local time and arrive at JFK International Airport in New York at 6:40am, local time, the following day. The return flight from JFK departs at 11:15am, New York time, and arrives in Johannesburg at 8:40am.Marc Cavaliere, SAA executive vice-president in North America, said: “Travellers have told us that they truly value SAA’s morning non-stop service from JFK and the range of excellent, same-day connection opportunities it affords to more than 40 destinations in Africa.“But they’ve also expressed that they would love it even more if our return flight also operated non-stop. We’ve answered their calls, and are pleased to announce a return non-stop flight to New York.”SAA will use an Airbus 340-600 for the direct flight.Other routes hot up tooUsing an Airbus 340-600 will also enable SAA to grow passenger numbers on African routes, including Kenya and Namibia.From 27 February, the airline will be able to take 3 500 passengers to Nairobi, Kenya, each week as opposed to 2 918 – the volume allowance at the moment.From 27 March, it will also increase the number of seats from 5830 to 6 746 on seven of its 20 weekly flights to and from Windhoek, Namibia.This will enable more passengers to get from Windhoek to Johannesburg each week to catch connecting flights to Frankfurt, Munich, London and New York.Leading aeronautics manufacturerAirbus has been one of the world’s leading aircraft manufacturers for the past 40 years, after its establishment in 1970.At 75m, the Airbus 340-600 is the longest such model in operation. With three passenger classes it can hold 360 commuters, while a two-class layout can accommodate 419.It is expertly designed to fly longer distances of up to 7 900 nautical miles.SA’s national carrierSAA has become one of Africa’s leading passenger carriers over the years. It began operations on 1 February 1934 after the government of the time took over the assets and liabilities of Union Airways, renaming it SAA.In the 1940s, SAA revolutionised air travel in South Africa by introducing cabin crew on domestic flights and movies on direct flights between Johannesburg and Cape Town.SAA’s cadet training programme – which has been running since the 1990s – enables previously disadvantaged South Africans to train as pilots, ensuring all crew on all flights reflect the unique diversity of the nation.last_img read more

Meat exports mixed in December

first_imgShare Facebook Twitter Google + LinkedIn Pinterest U.S. pork exports posted a strong finish in 2015 as December volume was the largest since April and the third-largest of the year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports were below year-ago levels in December and posted the first full-year value decline since 2009.December exports of U.S. pork were up 3% from a year ago to 188,410 metric tons (mt). Export value was $468.9 million, down 13% from a year ago but the highest since May. For the full calendar year, pork exports were down 2% from a year ago in volume (2.13 million mt) and 16% lower in value ($5.58 billion). Pork muscle cut exports increased 3% in volume (1.7 million mt) while falling 15% in value ($4.77 billion), but pork variety meat exports declined significantly in both volume (434,661 mt, down 17%) and value ($808.4 million, down 22%). However, as USMEF has previously noted, year-over-year comparisons, especially for pork variety meat, may not be entirely accurate due to issues with 2014 data for Japan.Pork exports accounted for 24% of total 2015 production and 21% for muscle cuts only — down from 26.5% and 22%, respectively, in 2014. Export value per head slaughtered averaged $48.31, down 23% from 2014.December U.S. beef exports totaled 94,586 mt, down 6% from a year ago and slightly lower than in November, while export value fell 21% to $507.3 million. In 2015, beef exports were down 11% from a year ago in volume to 1.07 million mt. Export value was $6.3 billion, 12% below the 2014 record of $7.14 billion.Beef exports accounted for 13% of total 2015 production and 10% for muscle cuts only — each down one percentage point from a year ago. Export value per head of fed slaughter averaged $277.87, down 7% from the previous year’s record but still up 13% from 2013.“There is no question that 2015 was a challenging year for red meat exports, with several economic headwinds taking a toll,” said Philip Seng, USMEF president and CEO. “But with production increasing in the year ahead in both the beef and pork industries, we cannot afford to dwell on these circumstances or back away from our commitment to the international markets. We must continue to find innovative ways to differentiate U.S. products, win back market share and regain momentum for exports in 2016. That means aggressive pursuit of new customers and new opportunities, in both emerging and established markets.” Pork exports to Mexico set fourth consecutive recordPork exports to Mexico set a new monthly record in December at 67,980 mt, pushing 2015 volume to 718,819 mt — up 6% from 2014 and setting a new record for the fourth consecutive year. Export value was down 19% to $1.27 billion, reflecting lower U.S. prices, but demand for U.S. pork held up extremely well in Mexico considering the peso was down an average of 16% versus the U.S. dollar in 2015.With several U.S. pork plants recently regaining eligibility for China, December exports to the China/Hong Kong region posted the largest volume in nearly two years at 33,691 mt (up 27% year-over-year). In 2015, exports to China/Hong Kong edged 1% higher in volume (339,056 mt) and were down 10% in value ($700.4 million). China/Hong Kong’s imports from all suppliers set a new record of 1.937 million mt in 2015, up 8%. While the U.S. industry capitalized on this trend late in the year, the European Union was the primary beneficiary, capturing about 70% market share.Exports to leading value market Japan struggled in 2015, declining 13% year-over-year in volume (406,186 mt) and 18% in value ($1.59 billion, the lowest since 2009). A recent decline in Japan’s frozen inventories indicates opportunities for import growth in 2016. But the U.S. continues to face increasing competition in Japan, especially from European suppliers.Other 2015 highlights for U.S. pork (with comparisons to 2014) included:Exports to South Korea increased 24% in volume (167,524 mt) and 6% in value ($470.2 million). Korea’s imports from all suppliers expanded in 2015 as domestic pork production recovered slowly from porcine epidemic diarrhea virus and suffered new outbreaks of foot-and-mouth disease.After slumping in the first half of the year, exports to Australia rebounded to 57,763 mt (up 15%), while value slipped by 5% to $171.9 million.Exports to the Caribbean increased 13% in volume (41,143 mt) and fell 3% in value ($100.8 million). This performance was led by record-large exports to the Dominican Republic, which surged 38% in volume (23,265 mt) and 13% in value ($53.1 million).Taiwan showed renewed demand for U.S. pork in 2015, with exports increasing 29% in volume (20,278 mt) and 4% in value ($39.9 million). Korea, Taiwan, Caribbean main bright spots for 2015 beef exportsFueled by strong demand for chilled U.S. beef in its retail and foodservice sectors, beef exports to South Korea increased 7% year-over-year in volume (126,093 mt) while slipping 4% in value ($810.4 million). Korea’s imports of chilled U.S. beef were up about 40% in 2015, with U.S. market share reaching 31%.Beef exports to Taiwan increased 4% year-over-year in volume to 35,286 mt and set a new value record of $318.5 million (up 8%). U.S. chilled beef market share in Taiwan is more than 60%, the highest of any Asian destination.Exports to the Caribbean increased 1% year-over-year in volume (23,208 mt) and 7% in value ($165.7 million) in 2015. Similar to pork, the value increase was driven in large part by strong demand in the Dominican Republic ($58.7 million, up 6%), but double-digit increases were also achieved in the Bahamas ($24.6 million, up 11%) and Jamaica ($16.5 million, up 10%).While Japan remained the leading value market for U.S. beef in 2015, exports declined 15% year-over-year in volume (204,927 mt) and 19% in value ($1.28 billion, the lowest since 2012). Japan imported less beef from all suppliers in 2015, but the U.S. lost market share to Australia, due in part to the 10%age point tariff advantage enjoyed by Australian beef under its economic partnership agreement with Japan.While the weak peso affected demand for U.S. beef in Mexico, exports still topped the $1 billion mark for the second consecutive year ($1.09 billion, down 6%). Mexico reclaimed its position as the leading destination for beef variety meat exports, which increased 8% in volume (110,085 mt) and 9% in value ($290.3 million). This helped offset a decline in variety meat exports to Egypt, which fell 15% in volume (103,276 mt) but still achieved a 3% increase in value ($148.6 million). Lamb exports end tough year on high noteDecember exports of U.S. lamb were the largest since June at 1,057 mt, up 44% year-over-year, while value posted a modest increase to $1.79 million. For the full year, lamb exports declined 9% in volume (9,442 mt) and 30% in value ($19 million) as lower exports to Mexico offset gains in Hong Kong, Saudi Arabia and Costa Rica.last_img read more

Navios Partners Sees Red Ink Eyes USD 400 Mn Loan

first_imgzoom Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has plunged into red as it reported a net loss of USD 52.5 million of the year ended December 31, 2016, compared to a net income of USD 41.8 million seen in the previous year.The result was negatively affected by USD 27.2 million of impairment loss on the sale of the 13,100 TEU containership MSC Cristina, sold for USD 125 million, and the 52,073 dwt Navios Apollon, sold for a total net sale price of USD 4.8 million.The company’s time charter and voyage revenues stood at USD 190.5 million in 2016, down from USD 223.6 million reported a year earlier, mainly attributable to the decrease in Time Charter Equivalent (TCE) to USD 16,364 per day from USD 19,739 per day reported in 2015.Despite the drop in numbers, Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, said: “I am pleased with the results for 2016, a year of many challenges.”“We actively managed our liquidity in 2016, generating about USD 151 million from the sale of vessels and securities. We also reduced long-term debt by almost USD 178 million and increased the collateral value of the Term Loan B by about USD 100 million. Overall, we are positioned to take advantage of a recovery in the dry sector,” Frangou added.For the fourth quarter, Navios Partners reported a net loss of USD 2 million, negatively affected by an impairment loss for the Navios Apollon, against a net income of USD 7.8 million seen in the same quarter in 2015. The company’s time charter and voyage revenues for the respective periods fell to USD 49.6 million from USD 53.3 million.The decrease in revenues was mainly due to a drop in TCE to USD 16,954 per day for the three month period from USD 18,223 per day seen in 2015, driven by a decline in the freight market during the year.Navios Partners has currently contracted out 72.6% of its available days for 2017, 38.2% for 2018 and 20.1% for 2019, including index-linked charters, respectively, expecting to generate revenues of approximately USD 111.9 million, USD 82.4 million and USD 54.7 million, respectively.The average expected daily charter-out rate for the fleet is USD 19,240, USD 26,690 and USD 24,972 for 2017, 2018 and 2019, according to the company.In a separate announcement, Navios Partners said that it intends to launch syndication of a USD 400 million term loan B, subject to market conditions. The company intends to use the net proceeds from loan to refinance the existing term loan B and to pay related fees and expenses.last_img read more