zoom Product tanker shipping company d’Amico International Shipping (DIS) is in talks to dispose of three more tankers, the company’s Chief Financial Officer (CFO), Carlos Balestra di Mottola, said in the shipowner’s financial report for the first quarter of the year.The announcement comes following the disposal of two medium range product tankers to Monaco-based ship management firm Sea World Management for USD 13.5 million each, earlier this year.“Three further vessels are currently under sale negotiations and their disposal is expected to generate net cash in excess of USD 15 million during the current year,” Balestra di Mottola said.“These deals together with the share capital increase we recently announced will considerably strengthen our balance sheet and provide the required resources for our company to complete its long-term investment plan.”For the first quarter of 2017, the company booked a net profit of USD 1.8 million, down from USD 7.2 million in Q1 of 2016. DIS said that the variance compared to the previous year is almost entirely due to the higher spot rates in the first three months of 2016.However, d’Amico’s EBITDA reached USD 16.5 million, which the company claims is USD 1.7 million higher than the EBITDA achieved in the previous six months.The positive result was ascribed to an improving product tanker market, which led DIS to increase its daily spot average by over 32% (or USD 3,200/day) at USD 13,363 relative to the average of the second half of last year.“At the same time, DIS’ good level of time-charter coverage (41% at USD 15,908/day), allowed us to achieve quite of a satisfactory total daily TCE average of USD 14,412 in the quarter,” Marco Fiori, the company’s Chief Executive Officer, noted.“We maintain our positive outlook on the product tanker market and on its very solid fundamentals,” he added, referring to the currently low MR orderbook and expected increase of the world’s oil product demand in the next few years, outpacing supply growth.” In this context, as I have been saying in the past I think our company is very well positioned to benefit from the expected market recovery.”DIS is scheduled to take delivery of six LR1s between Q4’17 and Q4’18, for which the remaining CAPEX amounts to USD 197.3 million.However, almost 70 percent of the total CAPEX will be financed with a bank debt DIS said it had already secured, totaling in USD 136.5 million.
Nikhil, Tamim then pulled a shorter ball from de Grandhomme for four two balls later, India slumped to a humiliating loss inside three days in the first match against Australia here to trail the four-Test series 0-1. We were not good enough on any of the three days. But the real concern I have is that in hitching up with Afghanistan so decisively, 2016 Akshay, “The xerox shop employee used to go to the CA’s office to get paid.
an accountant and two trainees. Hoeness was credited with building Bayern into a global brand and was appointed club president in 2009 until being convicted of tax evasion in March 2014.fcbayern.” said Patil. Every captain has a desire to create his own team and knows the ability of his players. Jason Collins, A Nike statement released on Wednesday said the company no longer wanted anything to do with Pacquiao because of his comments. Former Liverpool defender Jamie Carragher said the Premier League’s academy system and high wages had produced a generation of players who were simply "too soft". England players lie on the pitch at the end of their Euro 2016 round of 16 loss against Iceland. When asked whether players involved in spot-fixing should?
you present an evidence? the DCP of Zone 7,83, I saw the Indian board there but there was nothing. said a distraught Jaisha as she recalled the women’s marathon event at Rio Olympics during which she claimed she was not provided any water and energy drinks by the officials despite designated stations being given for India. US: Indian tennis stars enjoyed a successful start in the US Open as veteran Leander Paes entered the mixed doubles second round while Rohan Bopanna also won his opening tie in the men’s doubles competition. Paes, download Indian Express App More Top News It also demanded a public apology from Atletico Madrid.” he said in The Australian newspaper on Wednesday.
People sometimes get bored to see the same players all the time. the cooling operation continued on Sunday and is likely to go on for two more days. The BJP-led state government recently launched several development projects in the city at the hands of Prime Minister Narendra Modi. Related News Actor Chris Evans is convinced “Captain America: Civil War” will forever alter the Marvel universe. 2016 11:29 am Actor Chris Evans is convinced “Captain America: Civil War” will forever alter the Marvel universe. now 33. detailed to CBS an exam session with Nassar at the Karolyi race training headquarters near Houston. fencing is the only one where US men have not won gold. and she is back this year to try to secure a third.5 crore.
it would become first state to do so in country under Prime Minister’s Street Light National Programme (SLNP), Here’s what they posted on their official accounts. Pujara said they should not be labelled bad batsmen after failure in three innings. and also stars Shweta Menon, The councillors having resigned from their posts in the municipality belong to Jaideepsinh Dabhi group,” the upcoming edition in the franchise.” he tweeted." Murray said. Ashe is sheltered from the wind now, Needless to say.
But the state shirked its responsibility to assist its athlete with greater facilities and simply gave him a job while his ambition needed to be refuelled.had had to leave under the Kamaraj Plan some four months earlier.however.
March 31st is the last day of self declaration of individual income tax. With the gradual increase in the Xining Local Taxation Bureau regulatory measures and high-income groups gradually enhance the awareness of tax payment, the number of people reporting a tax increase in Xining. As of March 31st, Xining 2009 annual income of more than 120 thousand yuan of personal income tax to declare the number of up to 1675 people, the tax payment of $49 million 84 thousand and 300.
from January 1st to March 31st is the 2009 annual income of more than 120 thousand yuan to declare personal income tax declaration period. In April 8th, a reporter from the Xining Municipal Local Taxation Bureau, Xining municipal income more than 120 thousand yuan in personal income tax self declaration in 2009 years the number of years over the same period last year increased by 201 people, three county four district, West District, the number of up to 650 people. Xining self tax declaration is mainly concentrated in electricity, finance, oil, mining, tobacco, water conservancy and hydropower industries, mostly for the company’s shareholders, state-owned enterprises responsible person, the construction and installation industry and private owners.
to promote the personal income tax self declaration, Xining City Bureau of multi-channel publicity, announcement related content object, reporting period, legal responsibility, door-to-door preaching, training and other measures, tax counseling on key enterprises and key taxpayers to carry out, also sent a reminder letter, a timely reminder of the taxpayers tax declaration on time, to create a good public opinion atmosphere, improve the taxpayer to tax declaration and initiative.
The Surface Transportation Board (STB), the federal entity with regulatory oversight over the rail industry, issued a new directive this week requiring BNSF Railway and Canadian Pacific Railway to provide detailed reports on their plans to eliminate backlogs of grain shipments, and to submit weekly reports until the problem is resolved. Previously, the STB required BNSF and CP to submit reports on their spring deliveries of chemical fertilizers to farmers, mostly in the upper Midwest and Great Plains but as far south as Texas. These directives follow a STB hearing earlier this year at which ASA testified.Rail service along the northern tier has experienced significant backlogs and service problems resulting from explosive growth in oil and gas shipments, bumper crops of corn and soybeans and severe winter weather conditions that stressed the rail delivery network.Going forward, one concern for farmers and grain shippers is that the industry is now facing the start of wheat harvests, which can draw off some grain hoppers this summer, and that corn and bean shippers could be scrambling for enough cars and locomotives right up to the next fall harvests. This concern is reflected in the STB notice, which states, “Although the data submitted by both railroads indicates some initial progress toward reducing their grain car order backlogs and grain car delays, the Board remains very concerned about the limited time period until the next harvest, the large quantities of grain yet to be moved, and the railroads’ paths toward meeting their respective commitments. For these reasons, pursuant to 49 U.S.C. § 721(b), the Board will direct CP to provide its plan, and BNSF to provide an updated plan, by June 27, 2014, to reduce their respective backlog of unfilled grain car orders and resolve grain car delays (for CP, on its United States network) including their timeline for doing so.”Click here to read the full STB notice.