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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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    *Streamlined portfolio and strengthened financial structure*

    *Net asset value per share: €145.1
     down 17.7% year-to-date, primarily impacted by market multiples*

    *Cash on hand: €2.1bn
    Loan-to-value: 6.6%*

     

    *Net Asset Value as of November 16, 2018: €6,715 million, or €145.1 per share, down 17.7% year-to-date*

    *Consolidated sales of €6.2 billion over nine months, up 3.8% overall and up 3.1% organically*

    *Portfolio simplification: 4 disposals announced since the beginning of the year, at higher valuations than those in the latest Net Asset Values before announcements*

    - Sale of CSP Technologies closed in August 2018: $342 million net proceeds

    - Sale of Mecatherm closed in September 2018: €85 million net proceeds

    - Sale of Wendel's stake in Saham Group's holding closed in October 2018: $155 million net proceeds

    - Sale of Nippon Oil Pump closed in November 2018: c.€85 million net proceeds

     

    *Sale of a 4.73% stake in Bureau Veritas*

    - Total proceeds of €400 million

    - Wendel retains control of Bureau Veritas, a core holding in its portfolio

     

    *Recent developments at unlisted companies *

    - Allied Universal finalized the acquisition of U.S. Security Associates in October, reaching annual revenues of c. $7 billion and employing over 200,000 security professionals. Wendel invested an additional $78 million

    - By November 14, 2018, all IHS banks in Nigeria had released all previously restricted cash in connection with Post No Debit Orders received from the EFCC

     

    *Return to shareholders*

    *        -   Share buyback program: 553,576 shares repurchased since the beginning of the year i.e. 1.2% of share capital*

     

    Today, Wendel is hosting its 17^th annual Investor Day, with a focus on the Group's largest unlisted assets.

    * *

    *André François-Poncet, Wendel Group CEO, commented: *

    "Most of our portfolio companies post year-to-date organic growth. We are particularly pleased that Bureau Veritas continues to enjoy positive momentum. The company has recently confirmed its 2018 outlook for organic sales growth and improvement in its adjusted operating margin at constant currency. Current macroeconomic and financial market conditions are somewhat unpredictable and could weigh on our companies' growth in months to come, but we are confident in their ability to adapt to changing circumstances. Q3 performance has exhibited mixed trends across our portfolio, leading some of our companies to adjust their expectations for the current year.

    As previously announced, we have streamlined our portfolio and taken advantage of a sellers' market to exit our investments in CSP Technologies, Mecatherm, Saham Group and Nippon Oil Pump at attractive valuations. We have also adjusted our market exposure to Bureau Veritas whilst remaining its controlling shareholder. These disposals have generated more than 1 billion euros in net proceeds, providing Wendel with further means to grow its portfolio over the long-term and to seek new high-quality assets. Our intent to simplify Wendel's portfolio, provided terms are attractive, and to focus on larger equity investments based in Europe, North America and Africa, is unchanged, and I believe that the quality of Wendel's portfolio and strong financial structure will result in value creation for all shareholders."

    *Nine-month 2018 sales of Group companies*

     

    *Nine-month 2018 consolidated sales*

     

    (in millions of euros) *9 months 2017* *9 months 2018* *  var* *Organic **var.*
    Bureau Veritas 3,492.8 3,535.0 +1.2% +3.9%
    Constantia Flexibles ^(1) 1,110.7 1,146.0 +3.2% +2.3%
    Cromology ^(2) 546.2 509.4 -6.7% -4.6%
    Stahl 526.7 662.0 +25.7% +2.9%
    Tsebo ^(3) 333.3 386.4 +15.9% +8.4%^(4)
    *Consolidated sales^(5)* *6,009.6* *6,238.9* *+**3.8%* *+3.1%*

    The Group has adopted IFRS 15 "Revenue from Contracts with Customers", the effect of initially applying this standard is recognized at the date of initial application (i.e. 1 January 2018). The information presented for 2017 has not been restated.

    1. Following the sale of Labels division and in accordance with IFRS 5 "Non-current Assets Held for Sale and Discontinued Operations", 2017 results of this division are included in "Net income from discontinued operations and operations held for sale" in Constantia Flexibles' consolidated financial statements. Restated of the impact of IFRS 15 "Revenue from Contracts with Customers", the sales variation is +4,2%.
    2. Following the sale of Colorin and in accordance with IFRS 5, 2017 results of this division are included in "Net income from discontinued operations and operations held for sale" in Cromology's consolidated financial statements. Restated of the impact of IFRS 15 "Revenue from Contracts with Customers", the sales variation is -5,8%.
    3. Company consolidated from February 2017.

    (4)     9-months organic growth computed on the reporting currency (USD) converted figures. Organic growth of Tsebo for the 8-months period of February to September is +9.3%.

    1. Following the sale of CSP Technologies, Mecatherm and Nippon Oil Pump and in accordance with IFRS 5, the contribution of these three portfolio companies to 9M 2017 and 9M 2018 earnings has been reclassified in "Net income from discontinued operations and operations held for sale".

    * *

    *Nine-month 2018 sales of equity-accounted companies*

     

    (in millions of euros) *9 months 2017* *9 months 2018* *  var.* *Organic **var.*
    Allied Universal 3,547.3 3,459.4 -2.5% +3.3%
    IHS 743.2 714.2 -3.9% +16.7%
    Playce 5.3 6.1 +15.8% n.a.

     

    *Q3 2018 sales of Group companies*

     

    *Q3 2018 consolidated sales*

    (in millions of euros) *Q3 2017* *Q3 2018* *  var.* *Organic **var.*
    Bureau Veritas 1,132.7 1,196.7 +5.7% +4.8%
    Constantia Flexibles ^(1) 376.3 386.9 +2.8% +0.9%
    Cromology ^(2) 178.9 168.1 -6.0% -3.8%
    Stahl 172.4 209.7 +21.6% +0.4%
    Tsebo 122.6 127.9 +4.3% +7.6%
    *Consolidated sales*^(3) *1,983.0* *2,089.4* *+**5.4%* *+3.1%*

    The Group has adopted IFRS 15 "Revenue from Contracts with Customers", the effect of initially applying this standard is recognized at the date of initial application (i.e. 1 January 2018). The information presented for 2017 has not been restated.                                                      

    (1)     Following the sale of Labels division and in accordance with IFRS 5 "Non-current Assets Held for Sale and Discontinued Operations", 2017 results of this division are included in "Net income from discontinued operations and operations held for sale" in Constantia Flexibles's consolidated financial statements.

    (2)     Following the sale of Colorin and in accordance with IFRS 5, 2017 results of this division are included in "Net income from discontinued operations and operations held for sale" in Cromology's consolidated financial statements.

    (3)     Following the signature of agreements to sell CSP Technologies, Mecatherm and Nippon Oil Pump and in accordance with IFRS 5, the contribution of these three portfolio companies to Q3 2017 and Q3 2018 earnings has been reclassified in "Net income from discontinued operations and operations held for sale".

     

    *Q3 sales of equity-accounted companies*

    (in millions of euros) *Q3 2017* *Q3 2018* *    var.* *Organic **var.*
    Allied Universal 1,154.0 1,209.3 +4.8% +2.8%
    IHS 238.7 255.7 +7.2% +22.0%
    PlaYce 1.8 2.2 +20.5% n.a.

    *Sales of Group companies *

     

    *Bureau Veritas - Organic revenue growth accelerates to +4.8% in Q3 2018 *

    (Full consolidation)

     

    Sales over the first nine months of the year totalled €3,535.0 million, up 1.2% compared to the previous year, with +3.9% organic growth.

    Third-quarter 2018 revenue totalled €1.20 billion, up +5.7% vs. Q3 2017.

     

    All Bureau Veritas' six businesses grew organically during the quarter. The return to positive growth in Marine & Offshore (+1.0%) after 2 years of decline confirms the expected recovery by the end of 2018. Industry business (+3.5%) further improved benefiting from the success of the Opex Growth Initiative and the return to growth for Oil & Gas Capex activities. Agri-Food & Commodities was +5.3% and Buildings & Infrastructure +4.6%. Certification (+14.9%) was again the top organic performer, strongly benefiting from the revision of standards period which ended mid-September.

    The 5 Growth Initiatives generated 7.9% organic revenue growth.

    External growth was +3.8% with 6 acquisitions closed year-to-date supporting the Buildings & Infrastructure, Agri-Food and Opex Growth Initiatives, adding c. €85 million of annualized revenue.

    Exchange rate fluctuations had an impact of -2.9%, owing principally to appreciation of the Euro against USD and pegged currencies as well as the depreciation of several emerging countries' currencies.

    Confirmed 2018 outlook

    For full-year 2018, Bureau Veritas expects:

    ·         An acceleration in organic revenue growth compared to full-year 2017
    ·         A slightly improved adjusted operating margin at constant currency compared to full-year 2017
    ·         An improved cash flow generation at constant currency compared to full-year 2017

    For more information: https://group.bureauveritas.com/

    *Constantia Flexibles - 9-month organic growth of 2.3%^(1) driven by good momentum in the Pharma division*
    (Full consolidation - In accordance with IFRS 5, 9M 2017 figures for Labels are presented in the income statement under "Net income from discontinued operations and operations held for sale") 

    9M 2018 sales totalled €1,146.0 million, up +3.2% compared with 9M 2017 (€1,110.7 million), of which +2.3% was organic growth. Fluctuations in exchange rates had a negative impact of 2.0%, mainly deriving from the weakening of US dollar, Russian rubble, South African rand and Indian rupee. +3.9% resulted from changes in scope (mainly from the acquisition of Creative Polypack) and the application of IFRS 15 had a 1.0% negative impact. 

    9M organic growth (+2.3%)^(1) was mainly driven by very strong organic growth in Pharma products (+3.0%), notably induced by growth in Blister Lidding, Cold form and contact lenses business. The Consumer division has developed at a slightly lower pace (+2.4% 9M organic growth), despite relatively challenging market conditions, with growth in the US, Germany as well as in emerging markets. 

    (1)    IFRS 15 taken into account

     

    *Cromology - 9-month organic decrease in sales of 4.6% reflecting poor performance in particular in France and Italy*
    (Full consolidation - in accordance with IFRS 5, the 9M 2017 contribution from Colorin's activities is included in "Net income from discontinued operations and operations held for sale") 

    Over the first 9 months of the year Cromology posted sales of €509.4million, down 6.7% compared to 9M 2017. Cromology's business was down 4.6% organically year-on-year, primarily the result of low performance in France (- 5.4%) and Italy (-12%). The application of IFRS 15 had a negative 0.9% impact. Changes in scope had a slightly negative impact of 0.9%, while changes in exchange rates had a negative 0.3% impact on sales. 

     

    The strong downswing on sales and the strong increase in raw materials, partially compensated by a revision its pricing policy and increased the sales prices for its products by 3.4%, will drive Cromology's 2018 EBITDA down versus 2017, as observed on the first half of the year. In light of this difficult situation, the new Chairman, Pierre Pouletty, who joined Cromology on June 12, and the new CEO, Loïc Derrien, who took office on August 27, are implementing an operational and financial turnaround.

    *Stahl - 9 month-organic growth of 2.9% and BASF Leather Chemicals business integration well on track* 
    (Full consolidation) 

    Stahl's sales totalled €662.0 million over the first nine months of the year, representing an increase of 25.7% versus €526.7 million of sales in 9M 2017. This increase in sales resulted from a combination of organic growth (+2.9%) and a scope effect (+27.0%), deriving from the integration of BASF Leather Chemicals business having a positive impact of €142.1 million, partly offset by fluctuations in exchange rates (weakening of the US dollar versus the euro mainly during H1 2018) which had a negative impact of 4.2% on sales. 

    Organic sales growth was mainly driven by ongoing double-digit growth within Performance Coatings, partially offset by somewhat weaker performance in the Leather Chemicals. Although the 9 month-organic track record is solid, Stahl is confronted with more challenging market circumstances during Q3 and the beginning of Q4, particularly within the shoe segment in China and India. In addition, sales within the automotive segment are negatively impacted by lower car sales in China and temporary production stops by some automotive OEMs in relation to insufficient capacity regarding new CO2 testing ("WLTP").

    Integration of BASF's Leather Chemicals business is well on track with realized annual synergies and cost savings of over €25 million being achieved.

    Lastly, on August 28, 2018 Stahl announced the appointment of a new CFO and member of the Board of Stahl Holdings B.V. at the start of 2019. Frank Sonnemans (57) will take over the responsibilities of the current CFO, Bram Drexhage, who has decided to retire from Stahl mid-2019.

    *IHS - Strong organic growth of 16.7%, offset by FX conversion rate in Nigeria. All cash previously restricted in connection with Post No Debit Orders received from the EFCC is now released*

    (Equity method)

     

    IHS' nine-month 2018 revenue totalled $852.8 million, up 16.7% organically year-on-year. Organic growth was driven by the increase of total number of owned and managed with license to lease towers - which reached 23,631^(1) as of September 30, 2018 - by new tenants, new lease amendments ("technology tenants") and price escalation mechanisms. Nine-month 2017 Nigerian revenue was translated at the CBN rate (305 NGN for 1 USD) whereas nine-month 2018 Nigerian Revenue, which represents c.70% of total sales, is translated at the NAFEX rate (c. 363 NGN for 1 USD) thereby negatively impacting reported total USD revenue. As a result, reported total USD revenue growth is 3.8%.

    In mid-November, the takeover of 9Mobile by Teleology has reportedly been approved by the NCC, with a new Board of directors appointed.

    Finally, by November 14, 2018, all IHS' banks in Nigeria had released all previously restricted cash in connection with Post No Debit Orders received from the EFCC. As a reminder, to IHS' knowledge, no formal allegation or investigation against IHS has been notified to them as part of the EFCC enquiries.(1)Tower count excluding managed services and WIP

     

    *Allied Universal - 9M 2018 organic growth of 3.3%, acquisition of USSA closed.*

    (Equity method)

     

    Over the first 9 months of 2018, Allied Universal generated revenues of $4.1 billion, representing a 4.8% increase over the prior year. This growth includes the benefit of completed acquisitions and 3.3% organic growth, primarily driven by higher hourly rates compared to 2017. U.S. unemployment remains historically low resulting in continued wage inflation and staffing challenges. The Company remains focused on delivering profitable growth and has implemented productivity and other profit improvement initiatives to help offset the impact of the continued tight labor market.

    Since the beginning of the year, Allied Universal has continued to pursue its acquisition strategy, purchasing Covenant Security, a Philadelphia-based security firm, on February 5, 2018. With 1,900 employees and a presence throughout the U.S., Covenant generates approximately $80 million of annual revenue.

    Allied Universal announced on October 26, 2018, that the acquisition of U.S. Security Associates ("USSA"), for approximately $1.0 billion, has been completed. Based in Roswell, Georgia, USSA is one of the leading providers of security and related services in the United States, employing more than 50,000 security professionals serving several thousand clients across a wide range of industries. USSA generated 2017 pro forma revenues and adjusted EBITDA of c. $1.5 billion and $95 million, respectively. This transaction further strengthens Allied Universal's leading position in its industry in the USA.

     

    *Saint-Gobain - Organic growth at 4.3% for the nine-month period. Objectives confirmed*

    (not consolidated)

    Consolidated sales for the first nine months of 2018 were €31,130 million compared to €30,570 million for the first nine months of 2017. The negative currency impact was 3.6% over the nine-month period, with a smaller 1.9% negative impact in the third quarter resulting mainly from the appreciation of the US dollar against the euro, despite the ongoing depreciation of the Brazilian real, Nordic krona and other Asian and emerging country currencies.

    On a like-for-like basis, sales were up 4.3% over nine months and 3.1% in the third quarter. This reflects a further acceleration in pricing, up 3.5% after a 2.5% rise in the first half, in a context of continued raw material and energy cost inflation. Volumes were up 1.4% over the nine-month period and remained almost stable in the third quarter (down 0.4%), affected in particular by a high comparison basis in High-Performance Materials and Exterior Products in the US.

    The Group structure impact added 1.1% to total growth over the nine-month period, essentially reflecting the consolidation of acquisitions in Asia and emerging countries (KIMMCO, Megaflex, Isoroc Poland, Tumelero), in new niche technologies and services (TekBond, Scotframe, Maris, Logli Massimo) and to consolidate our strong positions (Glava, Kirson, Wattex, Biolink, SimTek, bolt-on acquisitions in Building Distribution such as Per Strand).

    The smaller Group structure impact in the third quarter (+0.6%) reflects the acceleration in the Group's portfolio optimization program, with in particular the disposal of the EPS insulation foam business in Germany and glazing installation operations in the UK. The Group has also launched a process to sell the legal entity of its Pipe businesses in Xuzhou, China.

     

    Saint-Gobain confirms its objective for full-year 2018 of a like-for-like increase in operating income and for the second half expects the like-for-like increase to be clearly above the level achieved in the first half.

     

    On November 26, 2018, Saint-Gobain announced the acceleration of its transformation by launching the "Transform & Grow program". based on two pillars, an in-depth transformation of the group's organizational structure and an accelerated portfolio rotation program. The Group expects a positive impact on operating margin of more than 100 basis points.

     

    For more information: https://www.saint-gobain.com/

     

    *Tsebo - Organic growth of 8.4% driven by the strong growth of Cleaning and Facilities Management* 

    (Full consolidation since February 1, 2017) 

     

    Tsebo's 9M 2018 sales reached $461.4 million, up 11.4% year-on-year. Tsebo benefited from strong organic growth (+8.4%) driven by its Cleaning and Facilities Management, and favourable exchange rate fluctuations (+2.0%), in particular the South African rand's appreciation against the US dollar. Growth was also supported by a positive scope change (+1.0%) resulting from the acquisition of Rapid FM in Nigeria and of Servcor in Zimbabwe, allowing Tsebo to service customers there. Tsebo is still delivering a strong organic growth but at a slower pace than at the beginning of the year, as market conditions in South Africa are getting tougher.

    In October, Tsebo's level 1 (BEE rating highest achievable rating on the South African DTI's generic BEE scorecard) was confirmed and renewed for 1 year.

     

    *Wendel's net asset value: €145.1 per share*

    Net asset value was €6,715 million or €145.1 per share as of November 16, 2018 (see Appendix below), a 17.7% decrease from €176.4 per share as of December 31, 2017. The discount to NAV was 22.8% as of November 16, 2018.

    According to Wendel's NAV calculation method, IHS value as of November 16, 2018 is based on the net debt appearing in the most recent financial statements i.e. as of June 30, 2018 and consequently does not take into account the recent release of frozen bank accounts. Taking into account this release would have had a positive impact of €0.7 per share.

    *Other significant events since the beginning of 2018** *

    *Portfolio simplification** *

    *Disposal of CSP Technologies completed* 
    On August 27, 2018, after obtaining the necessary authorizations, Wendel announced it completed the sale of CSP Technologies to AptarGroup, Inc. For Wendel, the transaction generated net proceeds of $342 million or $140 million above CSP's valuation in Wendel's net asset value as of May 2, 2018. 

    *Sale of Wendel's stake in **Saham group completed*
    After obtaining the necessary authorizations, Wendel announced on October 11, 2018, it completed the sale of its stake in Saham Group. For Wendel, the transaction generated net proceeds of $155 million.. Wendel gets also an earn-out, equivalent to 13.3% of capital gains, on any disposal of the remaining businesses of Saham Group (Customer relationship centers, Real estate, Healthcare and Education) occurring in the next 24 months at a valuation greater than certain pre-defined thresholds. 

    *Sale of **Mecatherm** **completed *
    On July 31, 2018, Wendel announced that it has received a firm offer for 100% of Mecatherm's share capital for an enterprise value of €120 million, or about 10 times expected EBITDA for year-end 2018.
    The deal was completed on September 27, 2018 and Wendel received net proceeds of around €85M, or about €40 million above Mecatherm's valuation in Wendel's net asset value at May 2, 2018. 

    *Sale of **NOP** **completed *
    On November 28, 2018, the sale of NOP was completed. Wendel received net proceeds of approximately €85 million, or c. €13 million above NOP's valuation in Wendel's net asset value as of August 24, 2018, and c. 3.5 times the initial equity invested, representing an IRR of c.29% since Wendel's investment in December 2013.*Improved debt profile** *

    *Moody's assigns Baa2 rating to Wendel with a stable outlook* 
    On September 5, 2018 Moody's assigned Baa2 long term issuer rating to Wendel. As stated in Moody's credit opinion, this rating, two notches above the investment grade threshold, reflects the company's consistent and prudent investment strategy as well as its conservative financial policy as exemplified by a very low point-in-time market value leverage and a commitment to maintain a low market value leverage through market cycles. 

    *Successful extension of credit lines*
    Mid October, Wendel successfully extended its undrawn credit facility of €750M. The new maturity is now October 17, 2023.

    *Share buybacks** *

    Since the start of the year, Wendel has repurchased 553,576 of its shares in the market, amounting to €68.2 million, and now holds 913,074 of its shares in treasury, or 2.0% of its share capital.

    *Agenda*

     

    03.21.2019

    *2018* *Full-Year Results* / Publication of NAV as of December 31, 2018 (pre-market release).

    05.16.2019

    *2019 Annual General Meeting* / Publication of NAV as of March 31, 2019 and Q1 trading update (pre-market release).

    07.30.2019

    *Q2 2019 */ Publication of NAV as of June 30, 2019 and trading update (post-market release).

    09.06.2019

    *2019 Half-Year consolidated financial statements */ Condensed Half-Year consolidated financial statements
    (pre-market release) - No NAV publication.

    11.07.2019

    *2019 Investor Day* / Publication of NAV of September 30, 2019 and Q3 2019 trading update (pre-market release).

    * *

    *About Wendel*

    Wendel is one of Europe's leading listed investment firms. The Group invests in Europe, North America and Africa in companies which are leaders in their field, such as Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles and Allied Universal. Wendel plays an active role as a controlling or lead shareholder in these companies. We implement long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel is also a shareholder of PlaYce and Tsebo in Africa.

    Wendel is listed on Eurolist by Euronext Paris.

    Standard & Poor's ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014

    Moody's ratings: Long-term: Baa2, stable outlook - Short-term: P-2 since September 5, 2018

    Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" in 2012.For more information:

    Follow us on Twitter *@WendelGroup *

    * *

     

    *Appendix : NAV as of November 16, 2018: €145.1 per share*

     

    *(in millions of euros)* * * * * *16.11.2018*
    *Listed equity investments* Number of shares Share price ^(1) *3,521*
    Bureau Veritas 156.3 M €19.6 3,066
    Saint-Gobain 14.2 M €32.1 455
    Unlisted investments and Oranje-Nassau Développement ^(2) 3,555
    Other assets and liabilities of Wendel and holding companies ^(3)   114
    Cash and marketable securities ^(4)     2,056
    *Gross asset value*     *9,245*
    Wendel bond debt and accrued interest     -2,530
    *Net Asset Value*     *6,715*
    Of which net debt     -474
    Number of shares     46,280,641
    *Net Asset Value per share*     *€145.1*
    Wendel's 20 days share price average   €112.0
    *Premium (discount) on NAV*     *-*22.8%

     

    1. Last 20 trading days average as of November 16, 2018
    2. Investments in non-publicly traded companies (Cromology, Stahl, IHS, Constantia Flexibles, Allied Universal) & Oranje-Nassau Développement (NOP, SGI Africa, Tsebo, indirect investments and debts). As per previous NAV calculation as of August 24, 2018 IHS valuation as of November 16, 2018 was solely performed based on EBITDA to account for dynamism / early-stage development structure. As per methodology, IHS value is based on the net debt as of June 30, 2018 and consequently does not take into account the recent release of frozen bank accounts. MCC shares owned by Constantia Flexibles are valued at their last 20 trading days average.
    3. Of which 1,028,574 treasury shares as of November 16, 2018.
    4. Cash position and financial assets of Wendel & holdings. As of November 16, 2018, this comprises € 1.8bn of cash and cash equivalents and € 0.3bn short term financial investment.

    If co-investment conditions are realized, there could be a dilutive effect on Wendel's percentage ownership. These items have been taken into account in the calculation of NAV. See page 274 of the 2017 Registration Document

    * *

    *Attachment*

    · Q3 2018 sales and NAV at November 16, 2018.pdf Reported by GlobeNewswire 11 hours ago.

    0 0

    Stock Exchange Notice
    Date: 29 November 2018

    *GC Rieber Shipping ASA: Ex. preferential rights today*

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

    Reference is made to the stock exchange announcement dated 28 November 2018 in which GC Rieber Shipping ASA ("GC Rieber Shipping") announced that an extraordinary general meeting of the Company had resolved to carry out a rights issue (the "Rights Issue") of 28,941,177 new shares in the Company at a subscription price of NOK 8.50 per Offer Share.

    The shares in GC Rieber Shipping will be traded exclusive of the right to receive preferential rights to participate in the Rights Issue from and including today, 29 November 2018.

    *For further information, please contact:*

    CEO Einar Ytredal, phone: +47 975 20 184
    CFO Øystein Kvåle, phone: +47 479 02 919

    *About GC Rieber Shipping:*

    GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.

    The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates 11 and has direct and indirect ownership in 23 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.

    The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia). The Company is listed on Oslo Børs with ticker RISH.

    Further information is available on the company's website www.gcrieber-shipping.com.

    *IMPORTANT INFORMATION*

    This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.

    In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.

    In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.

    This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.

    Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.

    Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.

    This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Reported by GlobeNewswire 10 hours ago.

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    TEHRAN, Iran (AP) — Iran's navy has acquired two new mini submarines designed for operations in shallow waters such as the Persian Gulf, the Iranian state TV reported on Thursday. The report said one of the mini submarines — also known as midget submarines — was dubbed Ghadir-955 and was built in 18 months. The other, a previously built Ghadir-942, took 10 months to overhaul. The subs have sonar-evading technology and can launch missiles from under water, as well as fire torpedoes and drop marine mines, the TV said. Iran began manufacturing Ghadir subs in 2005. The first was unveiled in 2007 and by 2012, five such submarines were incorporated into Iran's navy. Reported by SeattlePI.com 7 hours ago.

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    Newly discovered deep-sea microbes gobble greenhouse gases and perhaps oil spills, too Austin TX (SPX) Nov 28, 2018

    Scientists at The University of Texas at Austin's Marine Science Institute have discovered nearly two dozen new types of microbes, many of which use hydrocarbons such as methane and butane as energy sources to survive and grow - meaning the newly identified bacteria might be helping to limit the concentrations of greenhouse gases in the atmosphere and might one day be useful for cleaning up oil Reported by Terra Daily 6 hours ago.

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    The following information is based on the press release from Marine Harvest ASA (Marine Harvest) published on November 12, 2018 and may be subject to change. 

    The board of Marine Harvest has proposed that the Annual General Meeting (AGM), scheduled for December 4, 2018, approves a change of the company name to Mowi ASA. As a consequence of the name change, Marine Harvest will change its stock exchange ticker to MOWI with an effect from the start of trading on January 1, 2019.

    If the AGM approves the proposal, NASDAQ Derivatives Markets will change the ticker code for options, futures and forwards in Marine Harvest (MHGN, MHG) after 19.30 (CET), December 28, 2018. 

     

                                *Old Symbol *                            *New Symbol*

     

                                MHG, MHGN                           MOWI

      

    The series will receive new names and ISIN-codes which will be published in connection with the ticker change on December 28, 2018. 

    For further information please find the attached file.

     

      Reported by GlobeNewswire 6 hours ago.

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    Reported by SeekingAlpha 6 hours ago.

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    The drive for improving overall fleet productivity, optimize fuel costs, and reducing maintenance and repair expenses has been propelling the growth of the fuel card market.

    Rockville, MD, Nov. 29, 2018 (GLOBE NEWSWIRE) -- The global fuel card market is anticipated to gather pace with the integration of novel technologies that improve the features of products offered to customers. Changing customer preferences could play a significant role in increasing the demand in the global fuel card market. On the other hand, technological shifts are expected to propel the growth of the global fuel card market. High focus on payment security due to the rise of payment digitalization could attract a massive number of consumers in the global fuel card market. However, players are foreseen to focus more on offering customer-driven, scalable, and flexible models in the event of the rising popularity of electric cars and legal framework challenges. 

    Introduction of value-added services is predicted to push the global fuel card market. Moreover, the swelling demand for cashless fuel transactions could work in the favor of the global fuel card market. 

    *Browse Full Report on Global Fuel Card Market with TOC- *https://www.factmr.com/report/265/fuel-card-market

    *Fact.MR prognosticates the global fuel card market to rise at a 4.8% CAGR during the forecast period 2017-2022 to attain a valuation of US$11.7 bn by the end of 2022. *On the basis of application, the global fuel card market is classified into fleet maintenance, tolls, parking, oil fees, and other segments. Among these, oil fees are forecast to become a prominent application of fuel card. This could be due to the increasing use of fuel card for paying oil fees. 

    *By the final forecast year, the oil fees segment of the global fuel card market is foretold to achieve a valuation of US$3.7 bn.* Changing fuel prices could be another factor augmenting the demand for fuel card. Loyalty programs and discount offered on the use of fuel card are also expected to create opportunities in the oil fees market. 

    By type of card, the global fuel card market is segmented into registered and bearer cards. Among these, registered card is envisioned to secure close to two-third of the total share of the global fuel card market by revenue. By the end of 2022, the global fuel card market could witness the registered card segment reaching a valuation of US$7.8 bn. However, bearer card is expected to show promising growth in the global fuel card market. It could create an incremental opportunity of US$0.8 bn during the course of the forecast period mentioned earlier. 

    *Request Sample Report- *https://www.factmr.com/connectus/sample?flag=S&rep_id=265

    By type of fleet, the global fuel card market is divided into over the road, marine, aviation, and commercial fleet. Among these, over the road is envisaged to increase the adoption of fuel card in the near future. It could be one of the highest revenue getters of the global fuel card market. By the end of 2022, it is predicted to collect more than a US$3.5 bn in the global fuel card market. However, it could exhibit a moderate growth rate in the global fuel card market. Over the road fleets are expected to bank on the need to prevent unauthorized purchases, track drivers’ spending, and control fleet expenses to dominate the global fuel card market. 

    Regionally, Europe and North America are projected to attract a whole lot of market growth in the foreseeable future. The growing trend of moving to a customer-driven approach from a card-driven one on account of the advent of new payment methods could bode well for the regional fuel card markets in Europe and North America. This is expected to create promising growth opportunities for fuel card issuers in both the regions. Contrastingly, Latin America could show a lethargic rise in the global fuel card market because of the lack of internet connectivity and awareness about the benefits of various products offered to customers.

    *Ask Our Industry Expert for more Insights on Fuel Card Market - *https://www.factmr.com/connectus/sample?flag=AE&rep_id=265

    *About Fact.MR*

    Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

    *Contact Us*

    Rohit Bhisey
    Fact.MR
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    Suite 400
    Rockville, MD 20852
    United States
    Email: sales@factmr.com
    Web: https://www.factmr.com/
    Blog: https://factmrblog.com/
    Read Industry News at - https://www.industrynewsanalysis.com/ Reported by GlobeNewswire 4 hours ago.

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    Various government bodies are adopting regulations regarding the emission of VOCs. This is a key factor driving the waterborne coatings market.

    Albany, New York, Nov. 29, 2018 (GLOBE NEWSWIRE) -- The *global waterborne coatings market* was valued at US$ 73.19 Bn in 2017 and is anticipated to expand at a CAGR of 5.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Waterborne Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ The global waterborne coatings market is driven by the rise in demand for architectural coatings. Asia Pacific accounts for major share of the global waterborne coatings market, led by the increase in building and construction activities in the region.

    *Rise in Demand for Waterborne Coatings in Architectural Applications to Drive Market*

    The architectural coatings industry has undergone significant transformation over the last decade. Currently, coatings have a much different raw material base, environmental profile, and properties. These changes have been brought about by various influencers such as synthesis chemists, paint formulators, end-users, and environmental regulators. The architectural coatings industry has experienced healthy innovation over the last decade. Conversion from oil-based paints to waterborne paints, decrease in emission of VOC content, removal of chemicals of concern, emergence of paint-and-primer-in-one products, need to provide improved film properties such as dirt pickup resistance and early rain resistance, and easy-to-apply new looks have been the key drivers of innovation.

    *Request A Sample of **Global Waterborne Coatings Market: **https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14519*

    Demand for waterborne coatings in architectural application is driven by the growth in urbanization. This has resulted in increased demand for residential, commercial, and industrial infrastructure. Low interest rates on housing loans are also boosting the demand for new houses, thereby propelling the architectural coatings segment, especially in Asia Pacific. The segment is estimated to expand at a faster pace than the other application segments. It is primarily driven by the rise in demand for infrastructure requirements in residential, non-residential, and commercial sectors in Asia Pacific. Increase in population is augmenting the building & construction industry in the region. This is boosting the waterborne coatings market in Asia Pacific. 

    *Request For Multiple Chapters: **https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=14519*

    *Stringent Environmental Norms related to VOC Content to Create Growth Opportunities*

    Various governments across the globe have implemented stringent regulations to lower the VOC content of paints and coatings. This has increased the usage of eco-friendly alternatives. The waterborne coatings market has been expanding, as these coatings are eco-friendly and help lower the VOC components in traditional coatings. Waterborne coatings emit less VOCs content as compared to its substitute such as solvent-based coating. Decrease in emission of VOC such as organic solvents is one of the major challenges facing the paints industry. Coating and paint technologies adapt to environmental requirements. Development of waterborne coatings and solvent-free coatings signify new health and safety trends in coating technologies. The carcinogenic environmental impact of VOC has led to the substitution of solvent-borne coatings by waterborne coating systems. Among recently developed waterborne coatings, epoxy- and acrylic-based coatings hold dominance over other waterborne systems. Waterborne coatings offer up to 94% reduction in VOCs compared to alternative solvent and zinc liquid formulations, and up to 60% better corrosion resistance in salt spray and cyclic testing compared to e-coat and zinc formulations. Hence, demand for waterborne coatings is anticipated to rise substantially during the forecast period. 

    *Request For Discount On This Report: **https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=14519*

    *Susceptibility to Environmental Conditions to Hamper Waterborne Coatings Market*

    Waterborne coatings could present a difficulty in the surface prep stage of a coating project. Water is a promising substitute for solvents in some situations; however, it is also a key component of corrosion. Humidity and temperature carry adverse effects on film formation and quality of waterborne coatings. At high humidity, a waterborne film is likely to remain wet and initially may be almost soupy, while at low humidity, the film may be too dry and have poor appearance. Therefore, automotive waterborne basecoats are sprayed in booths with temperature and humidity control. This is too expensive for most industrial paint users. These coatings are susceptible to environmental conditions, such as temperature and humidity, during the curing phase. Thus, these coatings are impractical in some climates.* *

    *Asia Pacific Dominates Global Waterborne Coatings Market*

    Asia Pacific leads the global waterborne coatings market, followed by Europe and North America. Latin America and Middle East & Africa are expected to be the key upcoming regions of the global waterborne coatings market during the forecast period. Significant increase in building and construction activities, especially in developing regions, is anticipated to be a major factor driving the waterborne coatings market in these regions. Waterborne coatings are widely employed in building and construction activities, as these coatings offer properties such as high gloss, better esthetics, and highly durable structures. 

    *Browse Press Release: **https://www.transparencymarketresearch.com/pressrelease/global-water-borne-coatings-market.htm*

    *High Degree of Competition among Established Players*

    Large number of small- and large-scale manufacturers operate in the global waterborne coatings market. These companies offer different types of waterborne coatings for various applications. Prominent players profiled in the global waterborne coatings market report are BASF SE, Akzo Nobel N.V., Asian Paints, Axalta Coating Systems Ltd., Altana AG, PPG Industries Inc., and Sherwin-Williams. Market players are adopting strategies such as pricing and product improvement to strengthen their market position. 

    *Global Waterborne Coatings Market, by Resin*

    · Acrylic
    · Formaldehyde
    · Polyurethane
    · Epoxy
    · Alkyd
    · Others 

    *Global Waterborne Coatings Market, by Application     *

    · Building & Construction
    · Automotive

    · Automotive OEM
    · Automotive Refinish

    · Furniture & Flooring
    · Electronics
    · Marine
    · Paper & Printing
    · Others 

    *Browse Popular Research Reports by TMR:*

    · *Flexible Batteries Market: **https://www.transparencymarketresearch.com/flexible-battery-market.html*
    · *Graphite Electrodes Market: **https://www.transparencymarketresearch.com/graphite-electrode-market.html*
    · *Bentonite Market: **https://www.transparencymarketresearch.com/bentonite-market.html*

    *About Us*

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

    Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

    *Contact Us*

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    Transparency Market Research

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    Email: sales@transparencymarketresearch.com

    Website: http://www.transparencymarketresearch.com

    Research Blog: https://cmfenews.com/ Reported by GlobeNewswire 4 hours ago.

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    Toronto, Nov. 29, 2018 (GLOBE NEWSWIRE) -- We all know that plastics are part of our everyday lives, from air bags and seat belts that help save the lives of our loved ones… to zipper bags that help keep our kids’ lunches fresh.

    But even though we rely on them every day, sometimes plastics can surprise us. Especially when it comes to one of today’s top priorities: our environment and what kind of planet we will leave our children and their children.

    Here are seven notable facts about plastics and the environment that many are often surprised to learn…

    *1) Every day, plastics help us dramatically lower environmental impacts*

    A recent study [1] by Trucost adds to the growing body of research on how plastics help us reduce our environmental footprint… by reducing material use, energy use, waste, and carbon emissions. This study finds that the environmental cost of using plastics in consumer products and packaging is nearly *four times less* than the cost of using other materials. The study says that replacing plastics with alternatives that perform the same function would increase environmental costs from $139 billion to $533 billion annually.

    Another 2018 study [2] by Franklin Associates finds that replacing plastic with alternative materials in packaging applications would cause increases in energy use, water consumption and solid waste, as well as increase greenhouse gas emissions (GHG), acidification, eutrophication and ozone depletion.

    Why the lower environmental cost for plastics? Because plastics help us do more with less material.   For example…

    *2) Plastic packaging helps dramatically reduce both packaging waste and food waste*

    We all want to do more with less. Strong, lightweight plastics enable our packaging to do more with less. Similar to the study above, many life cycle studies have found that plastic packaging delivers more food with significantly less waste, energy use, and global warming potential than alternatives. And by extending the shelf life of healthful, nutritious foods, a little bit of plastic packaging can prevent a whole lot of food waste, which is a huge environmental problem.

    *3) Plastics make up 50% of today’s cars, which helps significantly improve fuel efficiency*

    Lighter cars = less fuel use. To help our environment by improving fuel efficiency, carmakers are increasingly turning to strong yet lightweight plastics, including carbon fibre-reinforced plastics. Auto experts estimate that modern cars are comprised of 50 percent plastics by volume, yet only ten percent by weight.

    Did you know that just a ten percent reduction in vehicle weight can increase fuel efficiency six to eight percent over the life of today’s cars? (And these lightweight plastics already play an integral role in many auto safety features: seat belts, air bags, interior cushioning, crumple zones, bumpers, safety glass, and so on.)

    *4) Plastic building and insulation products save an enormous amount of energy*

    A significant percentage of Canada’s energy is used to power our homes and buildings—mainly for heating and cooling—so increasing home energy efficiency can help significantly reduce our energy use. Plastic building products—from foam insulation to caulks/sealants to PEX pipes—help homeowners save big on energy use. A life cycle study found that the use of plastic building materials saved trillions of Btu energy per year over alternatives. The small amount of energy inherent in plastics saves a huge amount of energy over time.

    *5) We’re recycling more plastics than ever before*

    Plastics recycling has grown each year since we began measuring in the 1990s, and today we have access to recycling programs for a growing number of plastics, including bottles, caps, containers, lids, and bags/wraps (see below). According to a recent Post-Consumer Plastics Recycling in Canada study, Canadians recycled more than 325 million kilograms of plastic material in 2016! And we can expect to recycle even more plastics in the years ahead.

    *6) There are more than 18,000 places in North America to recycle plastic wraps*

    And your curbside recycling bin typically isn’t one of them. Instead, plastic wraps can be taken to recycling bins in front of more than 18,000 North American grocery and retail stores, along with other plastic “film” packaging such as grocery bags, bread bags, food storage bags (even the sealable ones), shipping pillows, dry-cleaning bags, overwraps for beverage cases, and more. Just make sure they’re clean and dry.

    *7) Plastics makers are working to keep plastics out of our oceans*

    Everybody agrees that plastics don’t belong in our oceans—yet marine litter remains a stubborn problem. Plastics makers across the globe are working together and partnering with governments, scientists, and others to find workable solutions to keep plastics out of our oceans. To date plastics makers have announced more than 355 projects to address marine litter, but there’s much more to be done. We all can do our part by working to prevent litter and by recycling everything we can.

    Surprised by some or all of these? You’re not alone.

    The key lesson here: by doing more with less, by helping reduce food and packaging waste, by supporting our cars’ fuel-efficiency diet, by using just a little bit of energy to save a whole lot… by doing all these things, plastics help us reduce our environmental footprint. Every day. For ourselves. Our kids. And their kids…

    For more facts about plastics that may surprise you, check out: Wait…That’s Plastic?

    [1] “Plastics and Sustainability: A Valuation of Environmental Benefits, Costs, and Opportunities for Continuous Improvement,” Trucost, 2016.

    [2] “Life Cycle Impacts of Plastic Packaging Compared to Substitutes In the United States and Canada: Theoretical Substitution Analysis,” Franklin Associates, 2018. 

    Today's intelligent plastics are vital to the modern world. These materials enhance our lifestyles, our economy and the environment.  For more information visit www.intelligentplastics.ca

    -  30  -

    *Attachments*

    · recyling
    · vegetables

    CONTACT: Darlene Gray
    Intelligent Plastics
    905 678 7748 ext 239
    dgray@plastics.ca Reported by GlobeNewswire 4 hours ago.

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    New multi-family community offers modern touch to charming Venice neighborhood

    VENICE, Fla., Nov. 29, 2018 (GLOBE NEWSWIRE) -- Zilber Residential Group is proud to announce that construction is well underway on the 272 well-appointed rental residences with all buildings and clubhouse in varying stages of completion.  Located near the corner of Laurel Road and Knights Trail Road as part of the Mirasol mixed-use development, the first residents of the Treviso Grand community are expected to move into their new homes around the beginning of April, 2019. This pet-friendly community is comprised of one, two and three-bedroom residences that range in size from 574 to 1,252 square feet. Interiors offer modern kitchens complete with stainless steel appliance packages, quartz countertops, and designer cabinetry. Each residence will feature sleek fixtures and finishes including wood-style plank flooring, 9-foot ceilings and a screened-in patio or balcony.

    Residents will be provided with a variety of modern amenities including access to a 24-hour state-of-the-art fitness center with on-demand system to access and participate in aerobics, Pilates, yoga and other fitness classes.  A large pool deck with built-in grilling stations will overlook a heated saltwater pool.   A large clubhouse with game table, cyber café computer stations and daily coffee service for residents will be available for community events and will be available to reserve when hosting larger groups of friends or family. This smoke-free community also includes a central lake with walking path, two bocce ball courts, tot-lot, off-leash fenced in dog park, fire pit and outdoor pavilion.

    The community is located within a short drive to Historic Downtown Venice with a large variety of shopping and dining options, farmers markets, and a variety of regular neighborhood events. With the perfect location, you are just minutes to work and play - the best of both worlds. 

    To join the VIP information list please visit:  www.TrevisoGrand.com or contact the property manager, Lincoln Property Company at (941) 303-4221.

    About:

    Zilber Residential Group:

    Zilber Ltd., headquartered in Milwaukee, Wisconsin, is a nationally acclaimed real estate and asset management company that is majority-owned by the Joseph and Vera Zilber Charitable Foundation, Inc., a private, not-for-profit grant-making institution that seeks to improve the well-being of individuals, families and neighborhoods.  Zilber Ltd. develops residential, commercial and light industrial properties as well as interval ownership resorts located in premier locations across the United States. Distinguished by nearly 70 years of innovative thinking and uncompromising quality, the Zilber philosophy remains the same today as it was in 1949: provide outstanding quality, value and customer care.

    Lincoln Property Company:

    Lincoln Property Company was founded in 1965 as a builder and operator of high-quality residential communities. In the early 1970's, Lincoln expanded its product mix to include commercial, build-to-suit, office, hotel, industrial, and other mixed-use assets. In 1972, Lincoln took this expertise within the United States to Western Europe and the Middle East. 

    In 2001, Lincoln joined forces with the U.S. Department of Defense to renovate and redevelop family housing at selected bases for the Navy, the Marine Corps, and the Army. Through innovative management, property rehabilitation and award-winning new construction designs, Lincoln is now one of the largest operators of military housing in the country. 

    Headquartered in Dallas, TX, Lincoln focuses on real estate investment, construction and development, in addition to property management. Their national reputation has enabled Lincoln to attract a large client base of owners and investors who count on their ability to deliver quality results and continually serve as a market leader.

    For more information about Lincoln Property Company, please visit www.lincolnapts.com/about/client-services or www.lincolnapts.com/communities for apartment listings in your area.

    Media Contact:
    Sheri Sandefur Killingsworth, Vice President - Marketing & Communications 
    214-740-3300 | corporate@lpsi.com
    SOURCE Lincoln Property Company

    Photos accompanying this announcement are available at

    http://www.globenewswire.com/NewsRoom/AttachmentNg/e2dd442c-ca5f-4f6f-a2ec-f225c4e023b3

    http://www.globenewswire.com/NewsRoom/AttachmentNg/a867f6ef-80c1-403c-a32a-c9bc2f627ec1

    http://www.globenewswire.com/NewsRoom/AttachmentNg/850b8967-1fda-45ad-90b1-79987910f913 Reported by GlobeNewswire 4 hours ago.

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    According to the report, the global biodegradable plastics market was valued at around USD 10.01 billion in 2017 and is expected to reach approximately USD 18.05 billion in 2024, growing at a CAGR of slightly above 9.10% between 2018 and 2024.

    New York, NY, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Biodegradable Plastics Market by Type (PLA, Starch Blends, PHA, Biodegradable Polyesters, and Others) and by End-Use (Packaging & Bags, Consumer Goods, Agriculture & Horticulture, Textile, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2024’’*. According to the report, the global biodegradable plastics market was valued at around USD 10.01 billion in 2017 and is expected to reach approximately USD 18.05 billion in 2024, growing at a CAGR of slightly above 9.10% between 2018 and 2024.

    Biodegradable plastics are made from different natural materials, such as corn starch, corn oil, etc. These biodegradable plastics are majorly made from traditional plastics that are engineered to break down easily. The two major types of biodegradable plastics are OXO-biodegradable plastics and hydro-biodegradable plastics. Both these plastics are degraded via the chemical method.

    *Browse through 55 Tables & 25 Figures spread over 110 Pages and in-depth TOC on “Global Biodegradable Plastics Market: Industry Type, Size, Share, Trends and Forecast, 2018-2024”.*

    *Request Free Sample Report of Global Biodegradable Plastics Market Report @ *https://www.zionmarketresearch.com/sample/biodegradable-plastics-market

    There is a sudden shift in consumers’ preference regarding the use of eco-friendly products. The governments in various regions and the environmentalist have started to emphasize the urgent need to put an end to the activities leading to environmental degradation. Various governments across the world are encouraging the use of biodegradable plastics by imposing strict regulations on plastic use. Moreover, the consumers are also willing to pay more for biodegradable plastics, as they are eco-friendly in nature. Among the major types of biodegradable plastics is polylactic acid, as it is largely used in the food packaging, textile, and tissue engineering industries. The key market players are investing in product developments to make them eco-friendly and fulfill consumer needs. However, the high costs of biodegradable plastics than that of conventional plastics might be a major restraint for this market. On the other hand, emerging end-user industries of biodegradable plastics analysis are further expected to provide numerous opportunities for the key players working in the global biodegradable plastics market.

    The biodegradable plastics market can be fragmented based on type and end-use. Based on the type, this market is segmented into PLA, starch blends, PHA, biodegradable polyesters, and others. The end-use segment includes packaging and bags, consumer goods, agriculture and horticulture, textile, and others. The packaging and bags segment is likely to lead the biodegradable plastic market in the upcoming period, due to the increasing demand for packed food items in various regions across the globe. Growing textile industry is also contributing toward the expansion of the biodegradable plastics market.

    *Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/biodegradable-plastics-market

    The Asia Pacific biodegradable plastics market is projected to witness a high rate of growth in the upcoming years. This is due to the fact that this region leads in the manufacturing and consumption of biodegradable plastics. Moreover, the region is anticipating a high demand in the packaging materials, due to substantial developments in the food and beverage industry. The biodegradable plastics are environment-friendly and hence they are largely developed and used in the region. Moreover, increasing demand by the end-users is also contributing toward the expansion of the biodegradable plastics market.

    North America is likely to witness a substantial rate of growth in the biodegradable plastics market and is expected to grow at a higher rate in the years to come. In the U.S., the demand for biodegradable plastics is growing at 15.5% annually. This is mainly due to the various technological developments that are taking place in the region. The polyester-based and polylactic acid resins are anticipated to have the fastest growth rate in this market. The starch-based biodegradable plastics are to remain the most popular segment, as they have applications across various industries, such as food packaging and textile, among others. The plastic industry in the U.S. has a net worth of USD 350 million and is likely to grow in the upcoming time period. This, in turn, will increase the demand for biodegradable plastics in the region.

    Browse the full *"Biodegradable Plastics Market by Type (PLA, Starch Blends, PHA, Biodegradable Polyesters, and Others) and by End-Use (Packaging & Bags, Consumer Goods, Agriculture & Horticulture, Textile, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2024" *report at https://www.zionmarketresearch.com/toc/biodegradable-plastics-market

    Europe is likely to witness a sluggish rate of growth in the biodegradable plastics market during the forecast time period. The European government is making various amendments to promote biodegradable plastics. The key market players are also making various product developments to enhance their market presence in the region. Various key developments are being made in the manufacturing of biodegradable plastics by the key market players so that they are easily decomposable and do not lead to any sort of environmental hazards.

    Some major players operating in the global biodegradable plastics market are NatureWorks, BASF SE, Total Corbion PLA, Mitsubishi Chemical Corporation, Biome Bioplastics, Plantic Technologies, Bio-On, Danimer Scientific, Novamont S.P.A., and Toray Industries, among others.

    *Request customized copy of report @ *https://www.zionmarketresearch.com/custom/3569

    *The report segments global biodegradable plastics market as follows:*

    *Biodegradable Plastics Market: Type Segment Analysis*

    · PLA 
    · Starch Blends
    · PHA
    · Biodegradable Polyesters
    · Others 

    *Biodegradable Plastics Market: End-Use Segment Analysis*

    · Packaging & Bags
    · Consumer Goods 
    · Agriculture & Horticulture 
    · Textile 
    · Others

    *Biodegradable Plastics Market: Regional Segment Analysis*

    · North America

    · The U.S.

    · Europe

    · UK
    · France
    · Germany

    · Asia Pacific

    · China
    · Japan
    · India

    · Latin America

    · Brazil

    · Middle East and Africa

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    *Blog: *http://zmrblog.com Reported by GlobeNewswire 3 hours ago.

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    LOS ANGELES, Nov. 29, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Cannabis Strategic Ventures, Inc. (OTC: NUGS) announced a partnership with Feldmann Nagel Cantafio Margulis, PLLC, a boutique lawfirm formed in early 2004 by Charles Feldmann and David Nagel, with deep cannabis compliance expertise throughout the United States, Israel, and the international cannabis marketplace. As an extension of the Cannabis Strategic Ventures Team, Charles E. Feldmann, Founding Partner, will lead the legal team on matters related to cannabis enforcement, licensing, federal risk mitigation and compliance related issues at the local, state, national and international level.Attorney Charles Feldmann was a former federal prosecutor and defense attorney in the United States Marine Corps and a former states narcotics prosecutor in Colorado. He previously served as a Drug Enforcement Agency (DEA) Drug Task Force Commander and is a former lecturer and instructor with the Department of Defense and with the National College of District Attorneys. Feldmann oversees the firm’s international cannabis practice and its military justice international division.

    “Cannabis Strategic Ventures is proud to partner with Charles Feldmann and the Feldmann Nagel Cantafio Margulis team for all cannabis compliance related to cultivation, distribution, retail matters for our brands,” said Simon Yu, CEO, Cannabis Strategic Ventures. “The ever-evolving regulatory landscape at the state and national levels, and the increasing number of countries implementing cannabis-friendly legislations, makes it became critically important to have reputable experts on cannabis enforcement, licensing, federal risk mitigation on our team.”

    Charles Feldmann stated, “Our law firm looks forward to being a strategic advisor and counselor to Cannabis Strategic Ventures, a publicly traded cannabis corporation, and providing their exceptional team with diverse legal and business expertise.”

    Cannabis Strategic Ventures is committed to building category leaders within the cannabis and CBD space. A recent Grandview Research Report states that the global legal marijuana market is expected to reach USD 146.4 billion by the end of 2025 as legal marijuana continues to gain traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries. This week, South Korea legalized medical cannabis, laying the foundation for reform in Southeast Asia.

    *About Cannabis Strategic Ventures*
    Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publically traded on the U.S. Over the Counter Market with the stock symbol NUGS.

    *About Feldmann Nagel Cantafio Margulis, PLLC *
    Feldmann Nagel Cantafio Margulis has a reputation for achieving exceptional results for clients in a variety of practices around the world.  The firm was formed in early 2004 by Charles Feldmann and David Nagel. Charles Feldmann's roots stem from his training as a JAG prosecutor and defense attorney with the United States Marine Corps and then his transition into state and federal governmental practice as a drug task force commander with the DEA and a local state deputy district attorney. The firm’s attorneys are committed to providing exceptional legal services to their clients and have earned distinctions from a number of professional organizations, including Martindale-Hubbell® and Super Lawyers® Magazine.

    FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate,""intend,""plan,""goal,""seek,""believe,""project,""estimate,""expect,""strategy,""future,""likely,""may,""should,""would,""could,""will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

    Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

    Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

    *Contact:*
    Arlene Guzman
    Phone:+1-310-359-6860
    Email: ir@cannabisstrategic.com
    Website: http://www.cannabisstrategic.com

    *Corporate Communications Contact: *
    NetworkNewsWire (NNW)
    New York, New York
    www.NetworkNewsWire.com
    212.418.1217 Office
    Editor@NetworkNewsWire.com  Reported by GlobeNewswire 3 hours ago.

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    Stock Exchange Notice
    Date: 29 November 2018

    *GC Rieber Shipping ASA: Approval of prospectus*

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES, OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

    Reference is made to the stock exchange announcement dated 28 November 2018 in which GC Rieber Shipping ASA ("GC Rieber Shipping" or the "Company") announced that an extraordinary general meeting of the Company had resolved to carry out a rights issue (the "Rights Issue") of 28,941,177 new shares in the Company at a subscription price of NOK 8.50 per Offer Share.

    Approval and availability of the Prospectus:

    The Norwegian Financial Supervisory Authority (Nw. Finanstilsynet) has today approved the Company's prospectus prepared in connection with the Rights Issue (the "Prospectus").

    Subject to applicable local securities laws, the Prospectus will be available from 3 December 2018 at the following website: www.sb1markets.no.

    Subscription Period for the Rights Issue:
    From 3 December 2018 to 16:30 hours (CET) on 17 December 2018.

    Trading in Subscription Rights:
    From 3 December 2018 to 16:30 hours (CET) on 13 December 2018.

    Sparebank 1 Markets AS is acting as Receiving Agent in the Rights Issue.

    Advokatfirmaet Schjødt AS is acting as the Company's legal adviser in connection with the Rights Issue.

    Further details of the terms of the Rights Issue will be announced prior to the commencement of the subscription period and included in the Prospectus.

    *For further information, please contact:*

    CEO Einar Ytredal, phone: +47 975 20 184
    CFO Øystein Kvåle, phone: +47 479 02 919

    *About GC Rieber Shipping:*

    GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.

    The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates 11 and has direct and indirect ownership in 23 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments.

    The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia). The Company is listed on Oslo Børs with ticker RISH.

    Further information is available on the company's website www.gcrieber-shipping.com.

    *IMPORTANT INFORMATION*

    This communication may not be published, distributed or transmitted in or into the United States, Canada, Australia or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities of the Company in the United States, Norway or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act and to "major U.S. institutional investors" under SEC Rule 15a-6 to the United States Exchange Act of 1934. No public offering of the securities will be made in the United States.

    In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in any relevant Member State) and includes any relevant implementing measure in the relevant Member State.

    In the United Kingdom, this communication is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.

    This announcement is made by and, and is the responsibility of, the Company. SpareBank 1 Markets AS (the "Manager") is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.

    Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.

    Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.

    This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Reported by GlobeNewswire 3 hours ago.

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    A two-week long expedition to the bottom of Belize’s Great Blue Hole, scheduled for December 2018, may reveal new information about Belize’s natural and cultural history, according to The Lodge at Chaa Creek, whose owners have invited expedition team members to “dry off and relax” at their western Belize eco-resort.

    SAN IGNACIO, Belize (PRWEB) November 29, 2018

    The Lodge at Chaa Creek has hailed a new underwater expedition to the bottom of Belize’s Great Blue Hole as having potential to shed new light on some old mysteries – including the sudden, dramatic demise of the ancient Maya empire.

    The popular Belizean eco-resort’s owners have also invited the expedition team members to relax with an inland stopover courtesy of Chaa Creek.

    The Belize Blue Hole Expedition will involve two three-person submersibles, two support vessels and a team that includes Richard Branson and Fabien Cousteau, grandson of Jacques Cousteau.

    The elder Mr Cousteau coined the name “Blue Hole” and popularised the site when he led a dive expedition there aboard his research vessel Calypso in 1971.

    Lucy Fleming said she and her husband Mick have been fascinated with the Blue Hole ever since they founded Chaa Creek as a small farm in the late 1970s.

    “Back then, prior to independence, tourism had yet to take off in Belize, and most visitors were either divers attracted to the Caribbean coast or archaeologists studying Belize’s many ancient Maya temples and cities.

    “The Blue Hole is unique in that it’s not only one of the world’s great dive spots, but holds the key to important environmental and historical mysteries,” Ms Fleming said.

    The current “Belize Blue Hole Expedition,” slated to begin early December 2018, will employ leading edge technology to unlock some of those ancient mysteries, she added.

    Previously, researchers from Rice and Louisiana State Universities analysed sediment samples and other data from the Blue Hole to accurately track weather activity, including rainfall levels, through the ages. They concluded that the area experienced a hundred-year drought between 800 and 900 AD.

    That time period coincides with the great decline of the Maya empire, which occurred around 900 AD.

    Those findings supported other research and theories that a long, severe drought led to the demise of the ancient Maya empire.

    Mr and Ms Fleming also founded Chaa Creek’s Belize Natural History Centre, and Ms Fleming said she’s excited at the prospect of the new expedition’s high tech equipment shedding further light on Belize’s natural and cultural history.

    “Apparently, the expedition will take two submersibles to study and film the bottom of the Blue Hole with powerful lighting and state of the art sonar robust enough to tell if a coin on the floor is facing heads or tails.

    “With 3D mapping and other technologies, we’re about to learn more in two weeks than we have since Jacques Cousteau’s first famous dives, and that’s very exciting. Who knows what discoveries await?” she said.

    Belize’s Great Blue Hole is a giant marine sinkhole situated some 70km off Belize’s Caribbean coast near Lighthouse Atoll at the easternmost part of the Belize Great Barrier Reef. Some 1,043 feet in diameter and 407 feet deep, it can be seen from space.

    Expedition leader Harvey Flemming, whose Canadian company, Aquatica Submarines, is supplying a Stingray submersible, said he’s also excited at the prospect of discovery.

    “It’s a wildcard...I’m excited to get there and jump in and see what it is all about.

    “We’re really excited to see what we’ll see. We don’t really know for sure. Maybe a body, who knows? It is totally open for discovery,” Mr Flemming told Belize’s Channel 9 News.

    Mr Branson, businessman, philanthropist and founder of Ocean Unite, said one purpose of the trip is to raise awareness of the need to protect the seas. Calling the Blue Hole “One of the ocean’s most magical wonders,” he went on to say, “We all share the common goal of conserving, protecting our beautiful global ocean.”

    The Roatan Institute of Deepsea Exploration (RIDE) is another expedition partner providing a submersible.

    Ms Fleming said that she and Mick hope that the expedition members will consider their invitation to “dry off and relax inland” at Chaa Creek.

    “We’d love to show them another amazing part of Belize, and in some small way show our appreciation for what they are doing.

    “And, to be honest, we’d love to hear their first hand accounts of what will be an incredible journey to the bottom of one of the world’s greatest natural treasures,” Ms Fleming said.

    The Blue Hole Expedition is scheduled to be broadcast live during a two-hour special, Discovery Live: Into The Blue Hole December 2, 2018, and will also air around the world, according to a Discovery Channel media release.

    The Lodge at Chaa Creek is a multi-award winning eco resort set within a 400-acre private nature reserve along the banks of the Macal River in Belize. It was recognised by National Geographic with first place honours at the 2017 World Legacy Awards held in Berlin.

    ENDS Reported by PRWeb 1 hour ago.

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    Reported by newKerala.com 22 hours ago.

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    PHILADELPHIA (AP) — A homeless man from Philadelphia who allegedly schemed with a New Jersey couple to scam GoFundMe donors out of more than $400,000 has waived extradition back to New Jersey. Johnny Bobbitt announced his decision during a court hearing Thursday in Philadelphia. But the Marine vet won’t be sent back to New Jersey […] Reported by Seattle Times 22 hours ago.

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    St. Thomas, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Three students from the University of the Virgin Islands, the Caribbean’s preeminent Historically Black College and University (HBCU) captured Best Poster Awards at the Annual Biomedical Research Conference for Minority Students (ABRCMS) last week in Indianapolis.

    This recognition comes on the heels of five University of the Virgin Islands (UVI) students winning the 2nd Annual Hewlett Packard HBCU Business Challenge competition this month.

    Samuel Liburd, a senior biology major, was recognized for the poster he presented in developmental biology and genetics, which featured work he did use Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) gene techniques to understand regeneration in planarians. He did this research at the Massachusetts Institute for Technology (MIT) this summer under the guidance and mentorship of Malecek, Ph.D. and Peter Reddien, Ph.D. Samuel is mentored at UVI by Dr. Jennilee Robinson.

    Sophomore Arziel Williams, a psychology major from the Albert A. Sheen Campus on St. Croix, won the best poster in the social sciences for his research on depression and obesity in Virgin Islanders. He was assisted by his research mentor Dr. Janis Valmond.

    Anthony Jolly, a biology major sophomore on the St. Thomas Campus, won the best poster in the chemical sciences for research that he did this summer on the Sheen campus under the guidance of Dr. Bernard Castillo on the concentration of phenolic compounds in herbs.

    “These winners encompass the breadth of what UVI is trying to do with its programs, and with its efforts to involve more students in research.  We are proud of them, and proud of all students that presented,” said Dr. Camille McKayle, provost and vice president for Academic Affairs at the University of the Virgin Islands.

     

    Students from 700 universities presented 2,100 posters. While more than one best poster award was awarded in each category, UVI’s performance was notable given its size relative to other higher education institutions in attendance.

    “We should be proud of the hard work of our students, their mentors, and the faculty to achieve such outstanding results,” said Dr. Teresa Turner, professor of Marine Biology in the College of Science and Mathematics.

    ABRCMS brings together students from across the nation, who are studying Science, Technology, Engineering, and Mathematics (STEM) and are doing research.

    UVI sent 17 students from both campuses to the meeting. They represented the University in mathematics, psychology, biology, and chemistry.

    Students, faculty, and staff at UVI are actively involved in research in a variety of areas, including education, economics, the sciences, and environmental studies, and the University’s new strategic plan includes a commitment to research productivity.

    ###                                                  

    *Attachment*

    · ABRCMS Winners

    CONTACT: Lois Cavelle Rivera
    University of the Virgin Islands
    3406264516
    lrivera@uvi.edu Reported by GlobeNewswire 22 hours ago.

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    Rivaling the evolution of feathers in dinosaurs, one of the most extraordinary transformations in the history of life was the evolution of baleen -- rows of flexible hair-like plates that blue whales, humpbacks and other marine mammals use to filter relatively tiny prey from gulps of ocean water. Now, scientists have discovered an important intermediary link in the evolution of this innovative feeding strategy: an ancient whale that had neither teeth nor baleen. Reported by Science Daily 19 hours ago.

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  • 11/29/18--12:04: Ship traffic, November 30
  • Ship traffic Due to arrive today SHIP FROM PORT Columbia Highway San Diego RCH CSCL South China Sea Los Angeles OAK Honourable Henry Jackman Port McNeill, B.C. SFO Kauai Seattle OAK San Diego Bridge Los Angeles OAK Winner Long Beach OAK Due to depart today SHIP TO PORT Blue Baie Port Unknown SCK Conti Crystal Qingdao, China OAK Matsonia Honolulu OAK MOL Magnificence Tokyo OAK MSC Letizia Vancouver, B.C. OAK New Inspiration Port Unknown SFO Star Globe Portland SFO Swiftnes Cleaning tanks SCK Tai Hawk Vancouver, B.C. SAC Winner Lazaro Cardenas, Mexico OAK Source: S.F. Marine Exchange Reported by SFGate 21 hours ago.

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  • 11/29/18--12:51: Ship traffic, December 3
  • Ship traffic Due to arrive today SHIP FROM PORT California Highway Yokohama, Japan BNC Grand Princess Ensenada, Mexico SFO Manoa Seattle OAK MOL Brilliance Long Beach OAK NYK Remus Los Angeles OAK Pacific Spike Yawata, Japan SCK Zenith Leader Hitachinaka, Japan RCH Due to depart today SHIP TO PORT Chesapeake Highway Toyohashi, Japan BNC Dorado Leader Xingang, China SFO Ever Lyric Taipei OAK Grand Princess Puerto Vallarta, Mexico SFO Humber Bridge Tokyo OAK Hyundai Shanghai Busan, South Korea OAK London Express Seattle OAK Maersk Antares Vostochnyy, Russia OAK NYK Diana Tokyo OAK NYK Remus Seattle OAK NYK Rigel Los Angeles OAK Source: S.F. Marine Exchange Reported by SFGate 20 hours ago.

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