Reliance Industries Launches First Two VLECs

first_imgIndian private sector company Reliance Industries Limited (Reliance) has inaugurated its first two very large ethane carriers (VLEC) in a ceremony held in Geoje, South Korea.Constructed by Samsung Heavy Industries (SHI), the 80,000 cbm vessels Ethane Crystal and Ethane Emerald are said to be the largest VLECs ever built to date.The ships, which feature membrane technology provided by French marine engineering company Gaztransport et Technigaz (GTT), are the first of a series of six vessels ordered by Reliance in 2014, which will be fitted with GTT’s membrane containment systems.With a market value of USD 97.1 million per ship, according to data provided by VesselsValue, the remaining four carriers are scheduled to join their owner in 2017.The VLECs will be used to transport liquid ethane from the United States to India.Earlier this week Reliance said that it signed term loan deals for a total of USD 573 million to partially finance the construction cost of the six vessels.The loans, which have a tenor of 12 years, comprise of a Korea Trade Insurance Corporation (K-sure) issued tranche of USD 286.5 million and a commercial tranche of USD 286.5 million.Reliance Industries Limited said that the loans will be secured by collateral of the company’s VLECs, financed at a debt to equity ration of 80:20.last_img read more

Trust fund committee condemns scrapping of Tipu Sultan Jayanti in Ktaka

first_imgKolkata: Mysore Family Fateha Fund Committee Waqf Estate (MFFFCWE) on Thursday condemned the scrapping of Tipu Sultan Jayanti celebrations in Karnataka. The committee has decided to write to the Central government and protest against the decision of the BJP-ruled Karnataka government in this regard. “We condemn the decision of scrapping Tipu Sultan Jayanti celebrations in Karnataka. Tipu Sultan is considered as the Tiger of Mysore. This is a direct attack on the communal harmony of the country,” said Sahebzada Md Shahid Alam, secretary, MFFFCWE. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaWhile the Tipu Sultan Jayanti celebrations started under the Siddaramaiah-led Congress government in 2016, the B S Yeddyurappa-led BJP government on Tuesday cancelled the birth anniversary celebrations of Sultan. The order came barely a day after Yeddyurappa proved his majority in the Legislative Assembly. “Within a month’s time we will write to the Central government mentioning that the Karnataka government’s decision to scrap Tipu Sultan Jayanti celebrations is illogical,” he added.last_img read more

St Jude Childrens Research Hospital Teams Up with NBA Cares to Combat

first_imgSt. Jude Children’s Research Hospital is once again teaming up with NBA Cares for Hoops for St. Jude Week March 11 – 17 to raise awareness and support for the hospital’s lifesaving mission.Each year NBA players, coaches, broadcasters and fans rally behind St. Jude, which is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases.Regardless of the final score, the kids of St. Jude get the “W” during Hoops for St. Jude Week, when NBA teams and players shine a light on the work and successes of St. Jude through online, social media and in-game promotions, in addition to hosting local patients in-arena. St. Jude NBA ambassadors, who make regular visits to the hospital, will encourage fans to join the fight to save the lives of children battling cancer and other life-threatening diseases.2018 Hoops for St. Jude Week Ambassadors:Mike Conley, Memphis GrizzliesMarc Gasol, Memphis GrizzliesPau Gasol, San Antonio SpursKevin Love, Cleveland CavaliersCoach Rick Carlisle, Dallas Mavericks“We are deeply appreciative of the year-round support of the NBA Family, fans and our ambassadors,” said Richard Shadyac Jr., President and CEO of ALSAC, the fundraising and awareness organization for St. Jude Children’s Research Hospital. “Hoops for St. Jude Week provides a national platform to celebrate their efforts and further highlight how we are truly making a difference in the lives of kids everywhere.”The NBA’s support stretches beyond Hoops for St. Jude Week, with player and team visits throughout the year that never fail to brighten the days of St. Jude patients. Just this season, the hospital has hosted on-site and in-arena visits by players, coaches, broadcasters, owners and staff from the New Orleans Pelicans, Houston Rockets, Dallas Mavericks, Indiana Pacers, Orlando Magic, Philadelphia 76ers, LA Clippers, Memphis Grizzlies, San Antonio Spurs, Minnesota Timberwolves and Toronto Raptors. NBA G League teams, the Texas Legends and Memphis Hustle, also visited the hospital this season.Thanks to support generated through campaigns like Hoops for St. Jude Week, families never receive a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is helping their child live.For more information, visit stjude.org/hoops.last_img read more

Miami Dolphins Running Back Kenyan Drake Hosts Childrens Charity Event

first_imgMiami Dolphins’ Running Back and Smile Train Ambassador, Kenyan Drake recently hosted an event in Long Island on June 2 at Caumsett State Park to raise awareness and funds for Smile Train, the world’s largest cleft charity.Kenyan Drake attends Smile Train’s Second Annual Family Fun DayDuring the event, Kenyan led the warm-up and stretch activity, followed by a 2.4 mile walk (on a paved loop) with Smile Train’s supporters.Donations from the event are still coming in, but so far, the event has raised more than $20,000, which is enough to help 80 children receive 100%-free cleft repair surgery. This surgery will drastically improve these children’s lives, including their ability to eat, breathe, and speak over time. For more information about how Smile Train’s sustainable approach, please visit smiletrain.org.last_img read more

Toronto designer finds knockoffs of her clothes at ToysRUs

first_imgAdvertisement Facebook The onesie, by Montreal-based Novel Teez, was made in China with cotton and polyester and retails for $7.99. Meanwhile, the Bebe Fete romper is made in Canada with bamboo and cotton and sells for $59.95.CityNews confirmed on Tuesday the Novel Teez onesie was still for sale at a Toronto Toys”R”Us store. The retailer said it contacted its distributor for an explanation. A Toronto-based designer of a children’s streetwear line says Toys“R”Us is selling a knock-off of her creation.Ivy Chen said she and her business partner design the cheeky illustrations on Bebe Fete clothes for babies and toddlers.Chen said a friend tipped her off after seeing a onesie at a local Toys”R”Us which looked like one of her designs. After comparing the two products, Chen was certain it was. Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Advertisement Twitterlast_img read more

Former Councilman Carl DeMaio decides against running for Congress

first_img SAN DIEGO (CNS) – Former San Diego city councilman Carl DeMaio announced Friday he has decided against a run for Congress in order to focus on a campaign that aims to roll back last year’s increase to the gas tax.DeMaio bowed out four days after pulling nomination papers to challenge incumbent fellow Republican Duncan Hunter in the 50th Congressional District.Candidates have until the end of the day Friday to turn in their papers.“While I, too, am frustrated with the lack of results and the double standards for Washington politicians, I believe the Gas Tax Repeal Initiative campaign and our plans for subsequent reform initiatives in California are so much more important,” DeMaio wrote in an email to supporters Friday afternoon.Hunter is facing challengers from both parties amid a federal investigation into whether the five-term GOP incumbent misused campaign funds.The field includes Democrats Patrick Malloy, Pierre Beauregard, Josh Butner and Ammar Campa-Najjar and Republicans Shamus Sayed and Bill Wells. Updated: 10:51 PM Former Councilman Carl DeMaio decides against running for Congress KUSI Newsroom KUSI Newsroom, center_img Posted: March 9, 2018 March 9, 2018 Categories: Local San Diego News, Politics Tags: 50th Congressional District, Carl DeMaio, Duncan Hunter, Gas Tax Repeal Initiative FacebookTwitterlast_img read more

Sheriff Woman 2 Children Killed In HoustonArea House Fire

first_imgHOUSTON (AP) — Sheriff’s officials say a woman and two children have died in a mobile home fire northeast of Houston. Harris County Sheriff Ed Gonzalez posted on Twitter that the fire occurred early Wednesday in an unincorporated area of the county known as Huffman. A man also was taken to a hospital with injuries. His relationship to the family has not been released. Investigators have not revealed what caused the fire at the home about 25 miles (40 kilometers) from downtown Houston. The woman who was killed is believed to be the mother of the two children who also died. A third child was injured and taken to a hospital. Share Gonzalez says the children ranged in age from about 10 to 15 years old.last_img read more