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Visit One News Page for Marine news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Marine news headlines.

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    India Japan Partnership Group Held The Second India Japan AI Forum in Central Tokyo *India Japan Partnership Group* held the second India Japan AI Forum in central Tokyo district of Marunouchi led by IIT Kanpur Graduate and Founding President of IIT Alumni Association in Japan *Mr.** Sanjeev Sinha*.

     
     

    *India Japan AI Forum*

     

    Mr. Sanjeev Sinha opened the AI and Fintech Forum with a presentation on India Japan Partnership Group’s activities especially the work on India Japan Partnership Fund which is focused on bilateral opportunities in India Japan domain. Mr. Sinha outlined the core synergies between India and Japan where Japan can contribute with technology and capital and India can offer global human resource and growth opportunities for Japan. Mr. recollected the efforts of IIT Alumni and the conference in 2007 www.iitjapan.org/index which led to the Japanese government’s initiatives to support IIT Hyderabad.

     

    The forum was also joined by Former Ambassador of Japan to India Ambassador *Hirabayashi Hiroshi*, the Deputy Ambassador of India to Japan *Mr. Raj Srivastava*, the Chairperson of Strategic Council for AI Technology under the Cabinet Office of Japan and Senior Advisor of Japan Society for Promotion of Sciences *Prof. Yuichiro Anzai*, Director of IIT Hyderabad *Prof. Uday Desai*, *Mr. Yuji Komiya* Managing Partner of IJPG Asia Capital and former Managing Partner of Tokio Marine Capital and *Mr. Achal Kaushal *CEO of Tentaran a partner to IJPG and AlgoSmart for AI based collaboration between India and Japan.

     

    Mr. Raj Srivastava spoke about the importance of a digital partnership between India and Japan and how Japanese expertise in hardware and Indian expertise in software can support each other at a global scale. Ambassador Hirabayashi spoke about the depth of India Japan relations as a Special Global and Strategic Partnership and lauded the efforts of Mr. Sanjeev Sinha for promoting relations between India and Japan. Prof. Anzai spoke about the new policy initiatives of the Japanese government for the growth of AI and Data Analytics in Japan with reference to health care and other areas. Need for data and cyber security was identified as a common area of collaboration between India and Japan.

     

    Mr. Raj also took the opportunity to mention the dates of the visit of Indian Prime Minister to Japan on October 28^th and 29^th.

     

    Director IIT Hyderabad Prof. Desai spoke about the wide range of initiatives undertaken at IIT Hyderabad in the field of AI, especially the interaction between technical aspects of AI with humanities.

     

    Mr. Sunil Rajput and Mr. Yoshitaka Harada former executives from Mizuho Securities Mr. Mohit Challa a bilateral AI expert, Ms. Ayumi Akase a bilateral human resource expert, Mr. Saito President of University Journal of Japan, all partners with India Japan Partnership Group, also joined and made remarks on huge potential between India and Japan in the field of AI and related high-tech areas like Cyber Security, Fintech and Data Centers.

     

    Mr. Achal Kaushal, Prof. Desai and Mr. Sanjeev Sinha discussed a possible collaboration between Japan and India in the fields of AI in media including IJPG Sakura Buddha Advisors and University Journal of Japan. Was also discussed potential collaboration among the incubation centers, ventures and data centers on the two sides supported by the India Japan Partnership Fund led by Mr. Sanjeev Sinha. Reported by NewsVoir 5 hours ago.

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    Yuchai K08 Engine Becomes First in China to Pass National VI-b Certification SINGAPORE, Oct. 15, 2018 /PRNewswire/ -- *China Yuchai International Limited (NYSE: CYD) *("China Yuchai" or the "Company"), a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that, on October 1, its K08 model engine became the first diesel engine model to pass the National VI-b certification in China.

    Considered the most stringent and advanced emission certification test in China, the entire certification process for Yuchai's K08 model by National Motor Vehicle Quality Supervision and Inspection Center (Tianjin) was conducted at Vehicle Emission Control Center ("VECC") under full video surveillance.  The inspection covered engine and after-treatment system preparation, engine test stand connection, engine emission certification test, On-board Diagnostic (OBD) test, NOx control certification test, to Portable Emission Measurement System (PEMS) certification. Yuchai's K08 model significantly outperformed the standard with its NOx emission 40% better than the National VI standard, CO and HC emission approaching zero, Particulate Matter (PM) emission 80% better and maximum Particulate Number (PN) 77% better than respective National VI standards.

    Weng Ming Hoh, President of China Yuchai, commented, "First and foremost, we are thrilled with this achievement as our product's environmental protection milestone coincides with China's 'Blue Sky' strategy. We have already developed 14 National VI compliant diesel engines and natural gas engines models ranging from 100 to 650 horsepower. With this new certification, we have again taken the lead in emission controls in the Chinese automotive markets."

    *About China Yuchai International*

    China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, the Company distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2017, GYMCL sold 367,097 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com.

    *Safe Harbor Statement *

    This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements including, but not limited to, statements concerning the Company's operations, financial performance and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China including those discussed in the Company's Form 20-Fs under the headings "Risk Factors", "Results of Operations" and "Business Overview" and other reports filed with the Securities and Exchange Commission from time to time. All forward looking statements are applicable only as of the date it is made and the Company specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

    For more information, please contact:

    Kevin Theiss
    Tel: +1-212-521-4050
    Email: cyd@bluefocus.com

    View original content:http://www.prnewswire.com/news-releases/yuchai-k08-engine-becomes-first-in-china-to-pass-national-vi-b-certification-300730752.html

    Related Links :

    http://www.cyilimited.com Reported by PR Newswire Asia 3 hours ago.

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    Southern marine dealership thrives with website and digital marketing provider Dealer Spike.

    Charleston, South Carolina, Oct. 15, 2018 (GLOBE NEWSWIRE) -- A sleek, professional look with information that is easy for customers to find. Forms that collect legitimate online leads that convert to sales. Ease of use not only for customers, but for the Longshore Boats team on the back-end. All of these are stand-out qualities that Jill Rumbo, Marketing Coordinator at Longshore Boats, names for her dealership’s Dealer Spike website.

    The Charleston, South Carolina-based dealership has been in business for over twenty years and is owned by Chris Meredith, Paul Kammerer, and Tim Clark. The dealership itself was built for the best boat-buying experience with a showroom optimized for large vessels, a service lot with large service bays, and room for boat storage as well. The twenty employees who run Longshore Boats are all passionate about the boating lifestyle – while not all own boats themselves, many of them grew up on the water and take part in water-based activities like fishing.

    “Our mission is to deliver an exceptional boating experience,” says Rumbo. “We want to make it affordable, but with great quality. We want it to be possible for everyone to make boating memories.” The team aims to accomplish this with weekly meetings about how to improve the business. Longshore Boats goes above and beyond in customer service, calling other dealerships and doing research on their own to help customers with older boats or parts the dealership doesn’t carry. “We want to make sure you get what you need, even if it’s not with us,” Rumbo explains.

    While Longshore Boats places a large focus on enhancing in-store visits for customers, the team aims to deliver the same experience online. After switching from a self-managed Wordpress site to Dealer Spike in January 2015, Longshore Boats found that to be a much easier task. “I really appreciate the easy functionality of our site, for us and for our customers.” Rumbo says. Unlike other digital services and tools that often come with a big learning curve, she finds Dealer Spike’s back-end admin platform simple to use.

    When asked why the website is crucial for her business, Rumbo is quick to count the reasons. “If people can’t find you online, they’re not going to do business with you,” she says. “And more than that, you need to keep the website updated so people know what you have in stock – what’s available, and what’s not.”

    Rumbo’s team utilizes Dealer Spike’s SEO and SEM services to optimize the dealership’s presence on search engines. In addition, Rumbo uses Dealer Spike’s blog tool through the website platform to pose her dealership as an expert in the industry. “To earn customers, you need to point out the difference between your company and the others in your industry,” she says. “You need to let customers know why they should buy from you. The content you provide on your site helps people make that decision.”

    Beyond the benefits that the site provides for customers, Rumbo and her team are grateful for the business that the site brings in with lead forms and other lead-generating tools on the website. “We get so many leads that turn into sales,” she says.

    Rumbo also has great things to say about the customer service she has received working with Dealer Spike. She appreciates the way Dealer Spike’s team acts as a partner. Rather than simply making the changes she asks for, team members offer helpful suggestions and guidance. Rumbo raves about her Dealer Spike Client Solutions representative, who she feels goes above and beyond to keep her website running at its optimal level.  “But it’s not just him, it’s everybody there,” Rumbo says. “They understand the importance of our website…and they get things done as soon as they possibly can for us.”

    A great match in both business goals and customer-facing strategy, Dealer Spike also aims to offer an exceptional experience in digital marketing services. Rumbo agrees that she has had a “wonderful” experience so far.

    *About Longshore Boats*

    Longshore Boats of Charleston, South Carolina carries Edgewater Power Boats, Robalo, and Chaparral along with Yamaha Outboards, Mercury Outboards, Volvo Penta, and MerCruiser Stern Drives. In business for over twenty years, owners Chris Meredith, Paul Kammerer, and Tim Clark are active and dedicated to pioneering a new standard for boat ownership. The dealership is a Marine Five Star certified dealer.

    https://www.longshoreboats.com/

    *About Dealer Spike*

    Dealer Spike is focused on driving online leads and in-store sales for dealerships in eight industries. The company provides powerful and distinctive web solutions and tools to thousands of dealers worldwide. Dealer Spike’s expertise comes from real-world dealership experience and a passion for listening and responding to dealers’ needs.

    https://www.dealerspike.com/marine

    *Attachment*

    · Longshore Boats Website

    CONTACT: press@dealerspike.com
    800.288.5917 x410 Reported by GlobeNewswire 2 hours ago.

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    SKØYEN, NORWAY (15^th October 2018) - Spectrum ASA will publish its Q3 2018 results at 08:30 CEST October 26^th 2018 at Danske Bank, Bryggetorget 4 Oslo. The presentation will made by CEO Rune Eng, CFO Henning Olset and COO Jan Schoolmeesters and it will also be available as webcast at www.spectrumgeo.com.
    The slides from the presentation will be available in PDF format at both the Spectrum and Oslo Stock Exchange websites.

    To follow the presentations on webcast directly please use the following link:https://events.webcast.no/spectrum-asa/quarterly-reports/spectrum-asa-q3-2018"Spectrum  provides  innovative  Multi-Client  seismic  surveys  and high-quality
    seismic  imaging services to the global oil and gas industry from offices in the
    Norway, UK, USA, Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum
    designs,  acquires and processes seismic data  to deliver high quality solutions
    through its dedicated and experienced workforce.
    Spectrum  holds the  world's largest  library of  Multi-Client 2D marine seismic
    data  and a significant amount of  3D seismic. The company's strategy focuses on
    both  the major, established hydrocarbon-producing regions  of the world as well
    as  key frontier areas identified by  our experienced team of geoscientists. The
    Spectrum  library  of  Multi-Client  data  contains  projects  from  many of the
    foremost  oil producing  regions of  the world.  These include  new acquisition,
    reprocessing and interpretation reports."

    www.spectrumgeo.com

    Spectrum ASA is listed on the Oslo Stock Exchange  (OSLO:SPU).

    For additional information about this press release please contact:

    *Henning Olset *
    CFO
    Cell: +47 922 66 948
    Email: henning.olset@spectrumgeo.comThis information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.*Attachment*

    · Q3 2018 presentation information.pdf Reported by GlobeNewswire 2 hours ago.

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    PHOENIX, Oct. 15, 2018 (GLOBE NEWSWIRE) -- *CleanSpark, Inc. (OTCQB: CLSK), (The Company)* is a unique company that offers microgrid solutions for a variety of clients. Matthew Schultz, CEO of CleanSpark, Inc talked with Stock Day’s Marcus Heatherly about what they have to offer in energy and software solutions.“CleanSpark is a microgrid company, for your listeners who aren’t aware of what microgrid is, we take multiple energy resources, whether it’s wind or solar or geothermal, fuel cells, microturbines, and we build those into a single ecosystem. We add to that energy storage and then controls,” explained Schultz.

    He said the purpose of that was to provide resilient power for customers who can’t lose power, for example one of CleanSpark Inc’s customers, the United States Marine Corps at Camp Pendleton. He explained they have resources there that absolutely must have power, a microgrid will provide that resiliency.

    “We can also provide economic optimization. It utilizes those renewable resources to optimize the time they are accessed to save our end use client’s money,” said Schultz.

    He also told Heatherly his company also provides a reduction in emissions. Heatherly then asked what makes CleanSpark, Inc. different from other microgrid companies.

    Schultz explained that his company uses models to meet a customer’s specific needs. “We use utility data and weather data and consumption data and we build a financial model for our clients that optimizes a solution for whatever is most important to them. Whether it be resiliency, economics, or greenhouse gas reduction.”

    Schultz also told Heatherly that Cleanspark has the ability to let clients participate in energy markets, giving them the option to sell surplus energy back to other users or back into the grid.

    Heatherly then asked about some of the company’s clients. Schultz explained they work with medical marijuana growers who cannot lose power without also losing their crop, he also mentions cryptocurrency mining clients who are intensive power users. They provide the ability to overlay different power sources to store energy to use when energy costs increase later in the day. CleanSpark can offer them savings and tax credits for participating in renewable resources.

    “We have a really broad section of users,” Schultz said. “We’ve even taken a luxury residence in California completely off the grid for less than it would have taken San Diego Electric to bring power to this remote area.”

    Heatherly then asked how the projects are usually financed. Schultz says for the military clients, they usually own the projects outright. He says because CleanSpark is so unique there are many options for funding.

    “We have the ability to fund projects either through fully financed solutions, through a PPA, which is a power purchase agreement, we have different capital partners that we can tailor a modeled solution for whatever the needs are of our end use customers.” 

    To listen to the full interview with Matthew Schultz, click the link to the podcast here: https://upticknewswire.com/featured-interview-ceo-s-matthew-schultz-of-cleanspark-inc-otcqb-clsk/

    *About CleanSpark, Inc.*

    CleanSpark provides advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. Our services consist of intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting services, and turn-key microgrid implementation services. CleanSpark's software allows energy users to obtain resiliency and economic optimization. Our software is uniquely capable of enabling a microgrid to be scaled to the user's specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment.

    For more information on CleanSpark, please visit http://www.cleanspark.com

    *Safe Harbor Statement:*

    Statements in this press release relating to plans, strategies, testing and operational performance, projections of results of specific activities and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may,""would,""will,""expect,""estimate,""can,""believe,""potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission (the "SEC").  For a more detailed description of the risk factors and uncertainties affecting the Company, please refer to the Company's recent SEC filings, which are available at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact - Investor Relations:
    S. Matthew Schultz
    Chief Executive Officer
    (801) 244-4405
    matt@cleanspark.com

    *About Uptick Newswire and the “Stock Day” Podcast*

    Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.

    Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/

    SOURCE:
    Uptick Newswire
    https://upticknewswire.com/ Reported by GlobeNewswire 1 hour ago.

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    Rollick plans to use the funding to continue its growth in the powersports and RV industry, and expand in the marine and industrial industry. Reported by bizjournals 34 minutes ago.

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    MONACO, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) plans to announce third quarter 2018 financial results in a press release that will be issued before the market open on Monday, October 22, 2018.A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Daylight Time / 3:00 PM Central European Summer Time.  Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 4664187.  The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information.

    There will also be a simultaneous live webcast over the internet, through the Scorpio Bulkers Inc. website www.scorpiobulkers.com.  Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    Webcast URL: https://edge.media-server.com/m6/p/9a9q3tnx

    *About Scorpio Bulkers Inc.*

    Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities.  Scorpio Bulkers Inc. has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel. The Company’s owned and finance leased fleet has a total carrying capacity of approximately 3.9 million dwt and all of the Company’s owned vessels have carrying capacities of greater than 60,000 dwt. Additional information about the Company is available on the Company’s website www.scorpiobulkers.com, which is not a part of this press release.

    *Forward-Looking Statements*

    Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

    The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

    In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk vessel capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

    CONTACT: Contact:

    Scorpio Bulkers Inc.
    +377-9798-5715 (Monaco)
    +1-646-432-1675 (New York) Reported by GlobeNewswire 18 hours ago.

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    KEMP, Texas, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a leader in the industrial lighting industry, announced the release of a 25-foot telescoping mobile security light tower. This towable remote surveillance system runs on a water-cooled Kubota diesel engine that turns a single-bearing 7,500-watt generator operating at 3,600 rpm. This security lighting package also includes four, PoE powered IP cameras mounted on the unit, four, 1,000-watt metal halide lamps producing 440,000 lumens total and is supported by a 2TB NVR at the tower’s base.The WCDE-4-MHL-4X3MP-2TB is a 25-foot telescoping mobile security light tower from Larson Electronics that produces enough light to illuminate an area of up to 7 acres. Four, 1,000-watt metal halide lamps offer 110,000 lumens each for a grand total of 440,000 lumens of intense light. The lights are powered by a water-cooled Kubota diesel engine that operates on 3600 rpm. A 28-gallon fuel tank allows the engine to operate for 50 hours continuously.

    Four, PoE powered IP cameras are located above the lamps and each one features a glare shield to prevent light from interfering with the camera. Each camera has a CMOS sensor, supports up to three megapixels (2048 x 1536 resolution), a 4mm lens with a 79˚ viewing angle and an infrared LED array for lowlight recording with an automatic cutover. The cameras can be used with an RJ-45 10/100Mb ethernet slot.

    The WCDE-4-MHL-4X3MP-2TB security light tower comes with an NVR mounted at the base for video recording and is locked to prevent theft or tampering. The unit has four recording modes, including Schedule, Continuous, Motion Detection and Event with MP4 video offload format. It has one RCA input and VGA, HDMI, USB 2.0 and USB 3.0 outputs.

    The surveillance system has a centrally located control panel within the light tower itself. Operating time is tracked via an individual hour meter and individual lights can be controlled by four circuit-breaker-protected switches. This unit also includes a preheating switch, alternator warning light, fuel primer system and a 120V GFCI duplex receptacle for auxiliary power takeoff.

    The lights on this unit can be rotated 360˚ through the use of a manual self-braking winch and they extend up 25 feet covering five sections of the telescoping boom. This sturdy telescoping boom is made of galvanized steel to resist corrosion and rust and can withstand 50mph winds when extended to its full height with stabilizing triggers in place.

    The operations system is housed in a 14-guage steel protective compartment designed to provide airflow for cooling. The unit also contains a spillage-free frame with external draining system to contain all fluids and prevent environmental damage or road hazards. The interior can be accessed via secured side wing doors. This system operates at a low 73 Db noise level at 23 feet. For ease of use, the entire mobile telescoping surveillance system can be loaded and unloaded onto a truck with a forklift. The whole unit is mounted onto a two-wheel trailer with a 2,000-lbs leaf spring axel.

    *About Larson Electronics LLC: *Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:*
    Rob Bresnahan, *President and CEO
    *Toll-free: 1-800-369-6671
    Phone: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    Photos accompanying this announcement are available at
    http://www.globenewswire.com/NewsRoom/AttachmentNg/3b598195-183f-414d-8cb1-70115df16cf8
    http://www.globenewswire.com/NewsRoom/AttachmentNg/dd5ea8b2-8f13-4a93-ae4a-6616921176e5 Reported by GlobeNewswire 17 hours ago.

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    MONACO, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that it has agreed letters of intent, which are subject to the execution of definitive documentation, with suppliers, engineering firms, and ship repair facilities to cover the purchase and installation of Exhaust Gas Cleaning Systems ("Scrubbers") on substantially all of its owned and finance leased Kamsarmax and Ultramax vessels between the second quarter of 2019 and the third quarter of 2020.   The Scrubbers and their installation will cost between $1.5 - $2.2 million per vessel, and the Company anticipates that between 60-70% of these costs will be financed.Emanuele Lauro, Chairman & CEO, commented, “We have long maintained that Scrubbers could be the right choice for compliance with the IMO 2020 regulations.  Having cautiously and patiently evaluated various risks associated with this disruptive change to our industry, we are now confident that substantial savings can be realized and that- with this investment in our vessels- our fleet will remain the most competitive in our marketplace."

    *About Scorpio Bulkers Inc.*

    Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities.  Scorpio Bulkers Inc. has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel. The Company’s owned and finance leased fleet has a total carrying capacity of approximately 3.9 million dwt and all of the Company’s owned vessels have carrying capacities of greater than 60,000 dwt. Additional information about the Company is available on the Company’s website www.scorpiobulkers.com, which is not a part of this press release.

    *Forward-Looking Statements*

    Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

    The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

    In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk vessel capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. 

    CONTACT: Contact:

    Scorpio Bulkers Inc.
    +377-9798-5715 (Monaco)
    +1-646-432-1675 (New York) Reported by GlobeNewswire 17 hours ago.

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    MONACO, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that following its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems (“Scrubbers”), it has agreed letters of intent, which are subject to the execution of definitive documentation, with suppliers, engineering firms, and ship repair facilities to cover the purchase and installation of Scrubbers on substantially all of its remaining owned and financed leased LR2, LR1, and MR tanker vessels (approximately 75 vessels) between the second quarter of 2019 and the second quarter of 2020. The Scrubbers and their installation are expected to cost between $1.5-$2.2 million per vessel, and the Company anticipates that between 60-70% of these costs will be financed.Emanuele Lauro, Chairman & CEO, commented “We have long maintained that the IMO 2020 regulations are both disruptive to the shipping industry generally as well as a powerful demand catalyst for product tankers. Although many well-capitalized and publicly-listed shipowners can source capital and publicize their intentions to pursue Scrubbers, most of our industry cannot, and will rely on cleaner fuels to the benefit of ton-mile demand for product tankers.   Irrespective, our focus remains on operating the most competitive fleet in our marketplace, and this has led us to carefully evaluate and ultimately opt for the benefits of fitting hybrid-ready scrubbers on approximately 90 ships in our fleet.”

    *About Scorpio Tankers Inc. *
    Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company currently owns or finance leases 109 product tankers (38 LR2 tankers, 12 LR1 tankers, 45 MR tankers and 14 Handymax tankers) with an average age of 3.2 years and time or bareboat charters‐in 13 product tankers (one LR2 tanker, five MR tankers and seven Handymax tankers). Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release.

    *Forward‐Looking Statements *
    Matters discussed in this press release may constitute forward‐looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward‐looking statements in order to encourage companies to provide prospective information about their business. Forward‐looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. Scorpio Tankers desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “target,” “project,” “likely,” “may,” “will,” “would,” “could” and similar expressions identify forward‐looking statements.

    The forward‐looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although management believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company’s control, there can be no assurance that Scorpio Tankers will achieve or accomplish these expectations, beliefs or projections. The Company undertakes no obligation, and specifically declines any obligation, except as required by law, to publicly update or revise any forward‐ looking statements, whether as a result of new information, future events or otherwise.

    In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward‐looking statements include, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, synergies, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies for the management, expansion and growth of the Company’s operations, risks relating to the integration of assets or operations of entities that we have or may in the future acquire and the possibility that the anticipated synergies and other benefits of such acquisitions may not be realized within expected timeframes or at all, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off‐hires, and other factors. Please see Scorpio Tankers’ filings with the SEC for a more complete discussion of certain of these and other risks and uncertainties.

    *Contact Information*

    Scorpio Tankers Inc.
    (212) 542-1616

      Reported by GlobeNewswire 17 hours ago.

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    RACINE, Wis., Oct. 15, 2018 (GLOBE NEWSWIRE) -- *Twin Disc, Inc. (NASDAQ: TWIN),* today announced that it will release its fiscal 2019 first-quarter financial results before the market opens on Monday, October 29, 2018.  In conjunction with the earnings release, Twin Disc will be hosting a conference call to discuss these results and to answer questions at 11:00 a.m. Eastern Time on Monday, October 29, 2018.  To participate in the conference call, please dial 866-548-4713 five to 10 minutes before the call is scheduled to begin.  A replay will be available from 2:00 p.m. October 29, 2018 until midnight November 5, 2018.  The number to hear the teleconference replay is 844-512-2921.  The access code for the replay is 5523869.* *The conference call will also be broadcast live over the Internet.  To listen to the call via the Internet, access Twin Disc’s website at http://ir.twindisc.com and follow the instructions at the web cast link.  The archived web cast will be available shortly after the call on the Company’s website. 

    Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment.  Products offered include: marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems.  The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets.  The Company’s worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network. 

    This press release may contain statements that are forward looking as defined by the Securities and Exchange Commission in its rules, regulations and releases. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. All forward-looking statements are based on current expectations regarding important risk factors including those identified in the Company’s most recent periodic report and other filings with the Securities and Exchange Commission. Accordingly, actual results may differ materially from those expressed in the forward-looking statements, and the making of such statements should not be regarded as a representation by the Company or any other person that the results expressed therein will be achieved.

    Contact: Jeffrey S. Knutson
    (262) 638-4242 Reported by GlobeNewswire 17 hours ago.

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    'She did a great job on television the other night. I didn't do so bad, either. She did a great job on thank you, everybody' Reported by Daily Caller 16 hours ago.

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    Two Williams-Mystic Maritime Studies Program students have been awarded scholarships by Crowley Maritime Corporation.

    JACKSONVILLE, Fla. (PRWEB) October 15, 2018

    Two Williams-Mystic Maritime Studies Program students have been awarded scholarships by Crowley Maritime Corporation. Molly Tucker and Colby Weik were each chosen for their academic excellence, high morale and community involvement. The students also exhibited strong leadership qualities and were identified as articulate spokespeople for maritime education.

    Tucker is a sophomore at Pomona College in California, where she studies environmental analysis. Weik is a sophomore business major at Wheaton College in Massachusetts. Both students have proven themselves as enthusiastic learners with a passion for the maritime industry and the sea.

    The Williams-Mystic Maritime Studies Program is a joint effort of Williams College and Mystic Seaport, which educates undergraduate students from various colleges around the country in a transformative semester-long academic investigation of the sea accompanied by original research opportunities and travel throughout the United States. During the semester students take three field trips to the Pacific, Gulf and Atlantic coasts. Crowley offers scholarship opportunities during each fall and spring semester to students who otherwise wouldn't be able to afford tuition for the program.

    Since 1984, Crowley has provided more than $3 million dollars in scholarship funding for more than 1,000 students. The company has also donated more than $2 million over the years to support other educational programs. In 1994, Chairman and CEO Tom Crowley Jr., established the Thomas B. Crowley Sr. Memorial Scholarship Program in honor of his father who led the company to extraordinary heights before passing away in 1994. The company continues to give scholarship dollars to deserving students in the U.S., Alaska and Puerto Rico. In 2006, the program was expanded to Central America and to date, has provided financial assistance to more than 20 students in that region. To learn more about the Thomas B. Crowley Sr. Memorial Scholarship program, visit http://www.crowley.com/scholarships.

    To learn more about Jacksonville-based Crowley Maritime Corp., a 126-year-old privately held company that provides marine solutions, energy and logistics services around the world, please visit: http://www.crowley.com.

    # # # Reported by PRWeb 17 hours ago.

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    Paradise is on a high after a 252-million-year-old 'Kashmir Triassic Fossil Park' got international recognition as one of 'World's Geological Treasures' by the world's top fossil park -- the Penn Dixie, Natural History Society, Hamburg, New York.

    "The Environmental Policy Group (EPG) is pleased to announce that The Penn Dixie, Natural History Society has released the resolution to collaborate with Environmental Policy Group (EPG) through its constituent, Centre For Himalayan Geology and assist and develop Kashmir Triassic Fossil Park, Guryul Ravines at Khonmoh in Pampore, Kashmir," said Faiz Bakshi, Convenor of the EPG.

    Experts say the area is believed to have been hit by the world's first tsunami when life came to an end there 250 million years ago. "From a geological point of view, life came to an end when there was a tsunami. Vertebra and other marine animals were wiped out. Then life took root again," said Bakshi.

    According to the convenor of the EPG, nowhere in the world is the evidence of the fossil so pronounced than here. "There is a 10 inch rock in China which shows the extinction and re-growth. We have around a one-metre or three-feet rock. This is the largest in the world. It is the repository," he said.

    Hundreds of geo-scientists, experts, geologists and researchers from over 30 universities across the world have been visiting the site to study and research since 1842 in order to help put this fossil treasure on the global canvass. Experts and geologists from the United States, United Kingdom, Ireland, China, Japan and Scotland visited the site recently.

    Success came when top geo-scientist and the Chairman of Centre For Himalayan Geology Abdul Majid Bhat travelled to United States in August and made a presentation on the Kashmir Triassic Fossil Park to the Penn Dixie, with whom the EPG has been communicating for the past two to three years.

    "Bhat, on the basis of his decades-long hard work, study, research and perseverance, succeeded in making an impressive and successful presentation to the Penn Dixie board and helped them assess the status of the fossil park at Guryul Ravines as a geological treasure," said Bakshi.

    Fearing encroachment by the mafia, EPG has decided to meet the Jammu and Kashmir Governor and other top officers to seek their attention to preserve and conserve this treasure.

    "We have been perusing it and the government last year transferred 32 kanals (eight kanal form one acre) of land to the tourism department for development and fencing of the park. We are planning to meet the governor and chief secretary again. This entire site should be demarcated. It should be enclosed," Bakshi said.

    Article Type: 
    Report
    Sections: 
    India
    Authors: 
    Ishfaq-ul-Hassan
    Agencies: 
    DNA
    Cities: 
    Srinagar
    Tags: 
    Kashmir Triassic Fossil Park
    World's Geological Treasures
    Fossil Park
    Natural History Society
    Environmental Policy Group
    Penn Dixie
    Faiz Bakshi
    Abdul Majid Bhat
    Tue, 16 Oct 2018-06:15am
    Date updated: 
    Tuesday, 16 October 2018 - 6:15am
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    The 252-million-year-old fossil seen in Kashmir
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    Highlights:  Reported by DNA 13 hours ago.

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    HOUSTON, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island" or the “Company”) (NASDAQ: GIFI), announced today that Ms. Cheryl Richard has been appointed to its Board of Directors, effective October 15, 2018.Ms. Richard has more than 30 years of experience in the energy industry, including service with upstream, offshore drilling and related companies. She served in various leadership roles for Conoco Phillips, as well as Vice President of Human Resources for Chevron Phillips Chemical Company. She also served as Senior Vice President of Human Resources & Information Technology for Transocean Ltd. Ms. Richard currently serves as a member of the Supervisory Board of SBM Offshore. She holds Bachelor’s and Master’s degrees in Business Administration from Murray State University, Kentucky.

    “We are pleased to welcome Cheryl to Gulf Island’s Board of Directors,” said Jack Laborde, Chairman of the Board. “Her background and industry experience will complement our Board and she will be a tremendous asset as we continue to position Gulf Island for future growth.”

    Gulf Island Fabrication, Inc., based in Houston, Texas, with facilities located in Louisiana and Texas, is a leading fabricator of complex steel structures and marine vessels used for Oil & Gas production and transportation, petrochemical and industrial facilities, power generation and alternative energy projects.  Gulf Island also provides related installation, hookup, commissioning, repair and maintenance services with specialized crews and integrated project management capabilities. Visit us at our website www.gulfisland.com.

    *Cautionary Statement:
    *This press release contains forward-looking statements. Forward-looking statements are all statements other than statements of historical facts, such as projections or expectations relating to such topics as oil and gas prices, operating cash flows, capital expenditures, liquidity and tax rates. The words “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as forward-looking statements.

    We caution readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that can cause our actual results to differ materially from those anticipated in the forward-looking statements include the cyclical nature of the oil and gas industry, changes in backlog estimates, suspension or termination of projects, timing and award of new contracts, financial ability and credit worthiness of our customers and consolidation of our customers, competitive pricing and cost overruns, entry into new lines of business, ability to raise additional capital, ability to sell certain assets advancement on the SeaOne Project, ability to resolve dispute with a customer relating to an alleged termination of contracts to build MPSVs, ability to remain in compliance with our covenants contained in our credit agreement, ability to employ skilled workers, operating dangers and limits on insurance coverage, weather conditions, competition, customer disputes, adjustments to previously reported profits under the percentage-of-completion method, loss of key personnel, compliance with regulatory and environmental laws, ability to utilize navigation canals, performance of subcontractors, systems and information technology interruption or failure and data security breaches and other factors described in more detail in “Risk Factors” in Item 1A of our annual report on Form 10-K for the year ended December 31, 2017, as updated by our subsequent filings with the U.S. Securities and Exchange Commission.

    Investors are cautioned that many of the assumptions upon which our forward-looking statements are based are likely to change after the forward-looking statements are made, which we cannot control. Further, we may make changes to our business plans that could affect our results. We caution investors that we do not intend to update forward-looking statements more frequently than quarterly notwithstanding any changes in our assumptions, changes in business plans, actual experience or other changes, and we undertake no obligation to update any forward-looking statements.

    For further information contact:      
           
    Kirk J. Meche    Westley S. Stockton  
    Chief Executive Officer    Chief Financial Officer  
    713.714.6100   713.714.6100   Reported by GlobeNewswire 15 hours ago.

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    Spectrum and TGS have joined forces and expanded the Santos 3D program to 15,000 square kilometers over the prospective southern Santos Basin offshore Brazil. TGS and Spectrum will be equal partners with data processing and imaging to be performed by TGS.  The survey covers an area south of the high profile discoveries of the Santos Basin and the recent sought after blocks offered in Rounds 2,3,4,5 and 15.
    Rune Eng, CEO Spectrum, comments, "Spectrum is excited to cooperate with TGS in this survey over such a highly prospective area. The two companies will be working together to unlock the southern Santos Basin for exploration. The Santos Basin is one of the hottest exploration basins in the world with a high potential for further discoveries in deep water."
    Kristian Johansen, CEO TGS, comments, "TGS is extremely pleased about this collaboration with Spectrum.  This will be our second major investment in Brazil this year, expanding TGS' commitment to this significant exploration play."

    For survey location and outline see, see attached file. 

    www.spectrumgeo.com

    Spectrum ASA is listed on the Oslo Stock Exchange  (OSLO:SPU).

    For additional information about this press release please contact:

    Rune Eng, CEO 
    Email: rune.eng@spectrumgeo.com
    Cell: +47 915 70 845

    About Spectrum: Spectrum provides innovative Multi-Client seismic surveys and high-quality seismic imaging services to the global oil and gas industry from offices in Norway, the UK, USA, Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum designs, acquires and processes seismic data to deliver high quality solutions through its dedicated and experienced workforce. Spectrum holds the world's largest library of Multi-Client 2D marine seismic data and a significant amount of 3D seismic. The company's strategy focuses on both the major, established hydrocarbon-producing regions of the world as well as key frontier areas identified by our experienced team of geoscientists. The Spectrum library of Multi-Client data contains projects from many of the foremost oil producing regions of the world. These include new acquisition, reprocessing and interpretation reports.This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.*Attachment*

    · Santos Basin 3D 2018 OSE Release.pdf Reported by GlobeNewswire 9 hours ago.

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    Shelled marine creatures living in increasingly acidified oceans face a fight for survival as the impacts of climate change spread, a new study suggests.

    Researchers from the University of Tsukuba, Japan, and the University of Plymouth, UK, assessed the impact of rising carbon dioxide levels on the large predatory “triton shell” gastropod (Charonia lampas).

    They found those living in regions with predicted future levels of CO[2] were on average around a third smaller than counterparts living in conditions seen throughout the world’s oceans today.

    However there was also a noticeable negative impact on the thickness, density, and structure of their shells, causing visible deterioration to the shell surface.

    Writing in Frontiers in Marine Science, scientists say the effects are down to the increased stresses placed on the species in waters where the pH is lower, which reduce their ability to control the calcification process.

    And they have warned other shellfish are likely to be impacted in the same way, threatening their survival and that of other species that rely on them for food.

    Dr Ben Harvey, Assistant Professor in the University of Tsukuba’s Shimoda Marine Research Center, said: “Ocean acidification is a clear threat to marine life, acting as a stressor for many marine animals. Here we found that the ability of the triton shells to produce and maintain their shells was hindered by ocean acidification, with the corrosive seawater making them smoother, thinner, and less dense. The extensive dissolution of their shells has profound consequences for calcified animals into the future as it is not something they can biologically control, suggesting that some calcified species might be unable to adapt to the acidified seawater if carbon dioxide emissions continue to rise unchecked.”

    The research was conducted at a marine volcanic seep off the coast of Shikine-jima in Japan where carbon dioxide bubbling up through the seabed lowers seawater pH from present-day levels to future predicted levels.

    Using computed tomography (CT) scanning, the scientists measured the thickness, density and structure of the shells, with shell thickness halved in areas with raised CO[2] while average shell length was reduced from 178mm in sites with present day levels to 112mm.

    In some cases, these negative effects left body tissue exposed and the shell casing dissolved, with the corrosive effects of acidi?cation far more pronounced around the oldest parts of the shell.

    Jason Hall-Spencer, Professor of Marine Biology at the University of Plymouth, added: “Our study clearly shows that increasing carbon dioxide levels cause seawater to become corrosive to shellfish. As these calcified animals are a fundamental component of coastal marine communities, ocean acidi?cation is expected to impact shellfish fisheries.” Reported by Eurasia Review 8 hours ago.

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    *The licence awarded comprising an entry fee plus royalties on future **sales for the next 20 years*

    *
    *

    HERICOURT, FRANCE - EQS - 16 October 2018 -* GAUSSIN Manugistique (EURONEXT GROWTH FR0010342329) *has announced a 20-year exclusive licensing contract set to last until 2038 with the land systems arm of ST Engineering, a global technology, defence and engineering company listed on the SGX, to manufacture, promote, distribute and market the PERFORMANCE® ultra-fast charge FULL ELEC AGV in Singapore.

     

    PERFORMANCE ULTRA-FAST CHARGE FULL ELEC AGV

    * *

    *The PERFORMANCE® ultra-fast charge FULL ELEC AGV in operation since March 2018 in a Singapore container terminal*

    *
    *

    *1.    The PERFORMANCE® ultra-fast charge FULL ELEC AGV: GAUSSIN's 70-tonne automated big robot *

    In May 2016 (see press release dated 11 May 2016), Groupe GAUSSIN received an order from a Singapore port operator for two FULL ELEC AGVs. The order was issued as part of an initial call for tenders for the Singapore port automation programme.

    The PERFORMANCE FULL ELEC AGVs were designed and produced under a co-development agreement between GAUSSIN and the local port authority that includes shipment of the vehicles plus three fast charge FULL ELEC PowerPacks and their delivery in March 2018. This key milestone culminated in a Certificate of Final Completion (SAT) marking the final validation of the two vehicles. While the tests were underway in Singapore, GAUSSIN field experts provided comprehensive training on site.

     

    *2.    The licensing business model gets the go-ahead*

    The licence awarded to ST Engineering's Land Systems arm, comprising an entry fee plus royalties on future sales, involves the Ultra-Fast Charge PERFORMANCE® AGV for Singapore. This licence includes know-how, patents and software developed over the past several years by GAUSSIN and will form part of the Group's Smart Mobility offerings for the industrial and manufacturing industries.

     

    This licensing contract validates Groupe GAUSSIN's know-how and patents on advanced technologies in reliable, robust heavy-duty automated electric vehicles.

     

    This model also confirms the interest shown by major international industrial groups in the technologies developed by Gaussin for its new product lines aimed at the shipping, airport, logistics and industrial sectors.

     

    *3.    Gaussin and ST Engineering a winning Team*

    * *

    "The joining of forces of Gaussin and ST Engineering allows for a perfect match extends our suite of automation solutions to customers by capitalizing on Gaussin's disruptive technology and building on ST Engineering's engineering capabilities and global network" said William Lee, SVP/GM, Logistics Automation, Robotics and Autonomous Systems Business, ST Engineering.

     

    Christophe Gaussin, CEO and Chairman, commented "The signature of this licence agreement allows us to up the scales for the commercialization of our AGVs while ensuring a long term promise to the market". Both teams have begun working together with enthusiasm and additional drive for robotics and artificial intelligence.

     

    *Upcoming events:*

    *MONDIAL TECH Paris from 4 to 14 October *

    *Airport Solutions Dubai on 8 October 2018***

    *ITAP Industrial Transformation Asia-Pacific on 16 to 18 October 2018*

    *
    *

    *About GAUSSIN*

    GAUSSIN MANUGISTIQUE® specialises in auditing handling processes and producing wheeled systems for loading and transporting heavy, bulky or delicate goods. With more than 50,000 handling vehicles worldwide, GAUSSIN Manugistique enjoys a strong reputation in four rapidly growing markets: Energy, Transportation, Environment and Raw Materials. GAUSSIN MANUGISTIQUE® has been listed on Euronext Growth Paris since 16 June 2010. Since 20 July 2012, GAUSSIN shares have been listed on the E2 quotation group (Public Offering), since obtaining AMF Approval no. 12 -360 dated 17/07/12 on the Prospectus, available free of charge on www.gaussin.com.

     

    *About ST Engineering*

    ST Engineering is a global technology, defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in the defence, government and commercial segments in more than 100 countries. With more than 500 smart city projects across 70 cities in its track record, the Group continues to help transform cities through its suite of Smart Mobility, Smart Security and Smart Environment solutions. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more information, visit www.stengg.com.*

     

    Find out more about GAUSSIN at www.gaussin.com

     

    ** Reported by Media OutReach 8 hours ago.

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    Locals from South Mumbai on Tuesday continued their protest in Marine Drive against the Brihanmumbai Municipal Corporation (BMC) regarding the water supply that has been irregular for the past three months. According to reports, Cuffe Parade, Colaba and Churchgate are the worst hit in South Mumbai with the areas receiving very less water for the past three days. Reported by Firstpost 7 hours ago.

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    Mattis: Trump says defense chief’s job is ’100 percent’ safe Amid speculation that he may soon be replaced, Defense Secretary Jim Mattis said President Donald Trump told him he supports the retired Marine general... Reported by WorldNews 5 hours ago.

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