Greek shipowner Performance Shipping has signed a memorandum of agreement (MOA) to dispose of Rotterdam, a 2008-built Post-Panamax containership.The 6,494 TEU vessel would be sold to an unaffiliated third party for USD 18.5 million before commissions.Although Performance Shipping has not disclosed the buyer of the ship, VesselsValue’s data shows that the company in question is Greece-based Chartworld Shipping.The Marshall Islands-flagged boxship is scheduled to be delivered to its new owner by May 15, 2020.“The sale of one of the two remaining containerships in our fleet will increase our cash position to around USD 46 million,” Andreas Michalopoulos, the company’s Deputy Chief Executive Officer, Chief Financial Officer and Treasurer, commented.“This cash amount, together with the low leveraged assets, provides a total valuation well in excess of our current stock market capitalization. We are confident that this discrepancy will soon be either greatly reduced or disappear entirely as we steadily increase our presence in the Aframax tanker market.”Upon completion of the aforementioned sale, Performance Shipping’s fleet will consist of one Panamax container vessel and two Aframax tankers. The company also expects to take delivery of one Aframax tanker by the end of January 2020.
TVNZ News 2 May 2012Teenagers aged under 18 will need the express consent of their parents through a text message or a phone call to have a drink at a party under the latest alcohol curbs planned by the Government. Justice Minister Judith Collins said yesterday that the Alcohol Reform Bill would be back in Parliament to pass its final stages next month. MPs are already lining up to back an amendment to the bill which would raise the purchase age to 20, and Ms Collins said she would also introduce a Government amendment in the final stages. The bill, which passed its second reading last year, would have required adults giving liquor to minors to understand “on reasonable grounds” that there was parental consent. Collins said the Government now wanted to “tighten that up” so that “express consent” was required. “That’s a text or a phone call or a discussion with a parent,” she said. “Before someone supplies your 16-year-old or your 14-year-old with alcohol, they [will have to] tell you.” Parents of teenagers were “crying out” for some tools in the law to protect their children attending parties where liquor was being drunk, she said. Adults who “knowingly served” liquor would be captured by the law change but not those who failed to stop teenagers getting hold of a drink surreptitiously.http://tvnz.co.nz/national-news/teens-need-parents-text-get-booze-4860607Parents’ text needed before teens drinkTV3 News 2 May 2012Parents will need to take more responsibility for their teenager’s alcohol consumption, with a text, phone call or note of consent set to be a requirement under changes to liquor legislation. The Alcohol Reform Bill is set to have its committee stage next month, with the Government planning to introduce several changes with a supplementary order paper, before the bill’s third and final reading… The bill proposes keeping the purchase age at 18 at on-licence venues, such as restaurants and bars, and raising it to 20 at off-licence retailers, like liquor stores and supermarkets. Lobby group Family First wants the purchase age raised to 20 for both on- and off-licences. Opposition parties are critical of the Government’s timing with the announcement of changes to the bill.http://www.3news.co.nz/Parents-text-needed-before-teens-drink/tabid/1607/articleID/252630/Default.aspx read more
When Leon Balogun had his first Premier League berth for Brightonand Hove Albion in the Week Two 3-2 win against Manchester United, the Nigerian international felt his dream had finally come true. However, more than mid-way into the season, he is yet to establish himself as the preferred central defender of the SeagullsWhen Leon Balogun moved to Premier League side, Brighton and Hove Albion in the summer after nine years of playing in the German League, he admitted it would not be a walk in the park donning the colours of the Seagulls as he had to fight for shirt with the two central defenders already in the club fold- Lewis Dunk and Shane Duffy. However, his opportunity came earlier than he expected as he came in as a substitute in just two weeks into the Premier League against Manchester United.Balogun has indeed expressed delight with his home debut for Brighton and Hove Albion after he shone brilliantly for the homers. “Thanks everyone (Brighton and Hove Albion) for the warm welcome. Couldn’t really have wished for a better debut in the EPL, beating Manchester United at home!,” Balogun tweeted.The Nigerian international, who spent the last three seasons at Mainz, believed the Premier League would be faster than the Bundesliga – but when he shared his thoughts with his teammates, “they told me this is always the kind of game you play against United. They like to slow it down a little bit sometimes.”Balogun indeed said he was surprised by Manchester United’s slow football, admitting he expected that the Premier League would be faster than the Bundesliga, although his observations about United’s attacking approach probably revealed more about José Mourinho’s (the then former United Manager) methods than the overall state of English football.“I had expected the Premier League to be quicker, but they told me this is always the kind of game you play against United. They like to slow it down a little bit sometimes,” the Nigerian defender said.Brighton and Hove Albion manager Chris Hughton was indeed delighted with Balogun’s debut performance and he was impressive as Brighton recorded their first win of the campaign.“In Balogun, you have someone you know won’t be phased. He’s played at a very good level and played in the World Cup this summer,” Hughton said.Balogun’s central defence partner, Shane Duffy said he was delighted with Balogun, saying, “He’s fitted straight in. He’s a big character in the changing room. He’s got a big voice. He’s played with big players in big games. That’s why you bring in players like that. They push us. He was great. That’s another plus for us, that strength in depth with top players. You pick up injuries and suspensions so you need these kinds of players to step in.”However, with the season fast winding up, the Super Eagles player remains just a fringe player in the relegation battling team.Balogun hasn’t made the sort of impact envisaged at Brighton. The Nigerian was expected to stroll into Chris Hughton’s team after joining on a free transfer from Mainz in 2018. With 24 Premier League rounds gone, however, he’s started just five matches.Despite an incredible career that has spanned over a decade, Balogun would have still felt like a little boy when he heard of Brighton’s interest last summer. England is favourite destination for African football tourists, especially Nigerians.For Balogun, it was a first-hand experience. The Bundesliga was all he knew. Born in Berlin to a Nigerian dad, the 30-year-old took his first footballing lessons at hometown club, Türkiyemspor Berlin. He then practiced his craft at five other Deutschland sides, including Werder Bremen.The Premier League is different. There’s more cash, quality players, odds and managers as well as better coverage. Balogun didn’t want to be left. He had no qualms moving abroad, with the FIFA World Cup on the horizon. That decision is already hurting the Nigerian.Balogun is the third choice in Hughton’s centre-back hierarchy behind Duffy and Dunk. He’s been featured nine times across all competitions albeit the only contribution was a screamer against Crystal Palace. While Hughton deserves some slack for the limited game time, Balogun is culpable too.Indeed, the Nigerian has an imposing physical presence, standing at 6ft 3. He is fearless in tackles and brave on the air. He provides additional threat during set pieces and could occasionally provide that odd goal to win games. However, Balogun isn’t gifted in terms of pace.It was, however, a dream come true for the former Mainz of Germany defender when he came off the bench to open his goal account for Brighton against Crystal Palace at the American Express Community Stadium.He made his fourth league appearance for Chris Hughton’s men against Crystal Palace as a first-half substitute and 25 seconds after, scored with his first touch to help his side claim a 3-1 victory.“For me, it’s another dream in this football calendar year that I wanted to come true. I made my dream come true of playing in a World Cup and I made a big dream come true in moving to the Premier League. Now scoring in the Premier League with my first touch in this game, it’s kind of unreal. I’m just happy. When I saw the ball bouncing I knew it was going to be tough, so I just hit it and luckily I hit it right. It was a great feeling,” Balogun said.“Even though I might not be 100 per cent satisfied, I think I still did well and my goal was probably the most important thing about my performance. I personally feel that I never really got into the game – viewers might think different but you always have a personal level that you want to reach, and I don’t know that I really got it.”“My job is to be ready, there is no question about it, and the club knows what I can do. I feel a certain trust even when I’m not starting which makes it easy for me to fit in to what s Dunk or Duffy have been doing. It’s never easy and you always want to play, but at the same time you have to be professional about it. You have to be ready for situations and moments and I think I was ready every time I came on – that is important,” he added.The Premier League’s tempo is at an extraordinary level and requires defenders to flow with it. More often than not, Balogun is left in no man’s land, chasing attackers. At 30, the Nigerian doesn’t have age on his side. He must improve on this. He must improve on this aspect to break the Duffy-Dunk duopoly.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram read more