Five VLCCs for CMES

first_imgChina Merchants Energy Shipping (CMES) has placed orders for construction of four Very Large Crude Carriers (VLCCs) with two Chinese shipbuilders worth a total of USD 390 million.Dalian Shipbuilding Industry Co (DSIC) will construct two 319,000 dwt VLCCs whereas Shanghai Waigaoqiao Shipbuilding will build the other two 318,000 dwt VLCCs.All four eco-friendly ships are expected to start delivery in 2016 continuing through 2017.In addition, CMES subsidiary Haihong Shipping has exercised an option at Dalian for one more 319,000 dwt eco-friendly crude tanker, slated for delivery by 30 September 2017.Shanghai-listed CMES said the new vessels will be 40% funded by 60% from bank loans and 40 % from internal resources.The two Chinese shipyards are already building ten VLCCs for CMES, five each, expected for delivery from this year to 2017.last_img read more

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Record wet start to December in South Florida

first_imgThough the month has just begun, this December is already marked as the third wettest December in Miami’s history, according to the National Weather Service. Rainfall has reached a total 7.67 inches. A cool front slid down across the state Thursday, December 3 then slowed and stalled right over the southern part of the state Friday and Saturday. During that three day period, a total of 7.67 inches of rain fell. Normally a common place in the subtropics to see heavy rain, this event fell in the midst of what is known as the dry season.This weekend downpour alone caused flooding in Kendall and Homestead, leaving many stranded.last_img

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Mega Million dreams dancing in players’ heads

first_imgNearby Vic’s Liquor also experienced the Mega Millions mania. Manager Richard Miwis said a steady flow of customers bought tickets throughout the week. “I’d say between 70 and 100 people a day buy tickets,” he said. It seemed that by Friday, most people had bought their tickets, as Miwis said only 50 people had come in to buy them. He expected lottery business to pick up slightly before the actual drawing. Dennis Ford bought 10 tickets at a local 7-Eleven store Friday. The Woodland Hills resident isn’t a regular player, however. “I never play the lottery,” he said. “I only gamble when I’m in Vegas.” Ford said he decided to take a chance on Mega Millions after seeing a news report about the prize on television. He said these were the first lottery tickets he’s ever purchased. Even though there is a tiny chance Ford is now a multimillionaire, he said he wasn’t too fixated on the game of chance. “This doesn’t really matter to me,” Ford said. “It’s all fun to me.”160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “The odds of getting all six numbers right is one in 176 million,” Johnston said. “That’s every possible number combination.” The jackpot is also up for grabs in 11 other states, stretching from Washington to Michigan to New Jersey. The minuscule odds of winning didn’t stop Angelenos from scooping up tickets. “Every other customer buys a ticket,” said Randy Singh, a cashier at a Woodland Hills Shell gas station. He said demand for Mega Millions tickets took a toll on the gas station’s equipment. “The ticket machine is getting slower, from all the demand,” he said. “It has been working a lot recently.” By now, some lucky person may be kicking off Labor Day weekend in a new income bracket – that is, if if there was a winning ticket in the multistate $330 million Mega Millions drawing. Mega Millions fever hit Southern California on Friday, as optimistic gamers bought up tickets for last night’s drawing. The jackpot is the second-largest prize since California joined the Mega Millions game in 2005. Cathy Doyle Johnston, a spokeswoman for the California Lottery, said Friday’s drawing is eclipsed only by the $390 million prize given away last March. The potential of a mammoth payday has spiked sales of lottery tickets, Doyle said. She said buyers shouldn’t have gotten their hopes up though. last_img read more

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