Buckeye Partners, L.P. Announces Closing of Sale of Package of Domestic Pipeline and Terminal Assets

December 18, 2018, 3:12 pm

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Action Previously Announced as Outcome of Strategic Review

HOUSTON, Dec. 18, 2018 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of a package of domestic pipeline and terminal assets (collectively, the “Asset Package”) to a subsidiary of InstarAGF Asset Management Inc. for cash proceeds of $450 million.  The Asset Package includes: a jet fuel pipeline from Port Everglades, Florida to the Ft. Lauderdale and Miami, Florida airports; pipelines and terminal facilities serving the Reno, Nevada; San Diego, California and Memphis, Tennessee airports; and refined petroleum products terminals in Sacramento and Stockton, California.  Buckeye Development & Logistics, a subsidiary of Buckeye, will continue to operate and maintain these assets for the buyer under a long-term contract.  The proceeds from the sale were used to repay borrowings on Buckeye’s revolving credit facility.As previously announced following the completion of Buckeye’s strategic review, this sale was one of several actions designed to: (1) maintain Buckeye’s investment grade credit rating by reducing leverage; (2) provide increased financial flexibility, eliminating the need for Buckeye to access the public equity markets to fund annual growth capital; and (3) reallocate capital to the higher return growth opportunities across our remaining assets.  The process to obtain the regulatory approvals that are conditions to closing Buckeye’s previously announced sale of its equity interest in VTTI B.V. (“VTTI”) remains on track and Buckeye currently expects to close the VTTI sale early in first quarter of 2019.

*About Buckeye Partners, L.P.*

Buckeye Partners, L.P. (NYSE: BPL) is a publicly traded master limited partnership which owns and operates, or owns a significant interest in, a diversified global network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, processing and marketing of liquid petroleum products.  Buckeye is one of the largest independent liquid petroleum products pipeline operators in the United States in terms of volumes delivered, with approximately 6,000 miles of pipeline.  Buckeye also uses its service expertise to operate and/or maintain third-party pipelines and perform certain engineering and construction services for its customers.  Buckeye’s global terminal network, including through its interest in VTTI B.V. (“VTTI”), comprises more than 135 liquid petroleum products terminals with aggregate tank capacity of over 178 million barrels across our portfolio of pipelines, inland terminals and marine terminals located primarily in the East Coast, Midwest and Gulf Coast regions of the United States as well as in the Caribbean, Northwest Europe, the Middle East and Southeast Asia.  Buckeye’s global network of marine terminals enables it to facilitate global flows of crude oil and refined petroleum products, offering its customers connectivity between supply areas and market centers through some of the world’s most important bulk liquid storage and blending hubs.  Buckeye’s flagship marine terminal in The Bahamas, Buckeye Bahamas Hub, is one of the largest marine crude oil and refined petroleum products storage facilities in the world and provides an array of logistics and blending services for the global flow of petroleum products.  Buckeye’s Gulf Coast regional hub, Buckeye Texas Partners, offers world-class marine terminalling, storage and processing capabilities.  Through its 50% equity interest in VTTI, Buckeye’s global terminal network offers premier storage and marine terminalling services for petroleum product logistics in key international energy hubs.  Buckeye is also a wholesale distributor of refined petroleum products in certain areas served by its pipelines and terminals.  As discussed in this press release, we expect to divest our equity interest in VTTI early in the first quarter of 2019, subject to normal regulatory approvals.  More information concerning Buckeye can be found at www.buckeye.com.

This press release includes forward-looking statements that we believe to be reasonable as of today’s date.  Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions.  Actual results may differ significantly because of risks and uncertainties that are difficult to predict and that may be beyond our control.  Among the forward-looking statements set forth in this press release are statements regarding the disposition of certain pipelines and terminals and our equity interest in VTTI and the anticipated use of proceeds derived therefrom.  These statements are subject to, among other risks, (i) changes in federal, state, local, and foreign laws or regulations to which we are subject, including those governing pipeline tariff rates and those that permit the treatment of us as a partnership for federal income tax purposes, (ii) terrorism and other security risks, including cyber risk, adverse weather conditions, including hurricanes, environmental releases, and natural disasters, (iii) changes in the marketplace for our products or services, such as increased competition, changes in product flows, better energy efficiency, or general reductions in demand, (iv) adverse regional, national, or international economic conditions, adverse capital market conditions, and adverse political developments, (v) shutdowns or interruptions at our pipeline, terminalling, storage, and processing assets or at the source points for the products we transport, store, or sell, (vi) unanticipated capital expenditures in connection with the construction, repair, or replacement of our assets, (vii) volatility in the price of liquid petroleum products, (viii) nonpayment or nonperformance by our customers, (ix) our ability to integrate acquired assets with our existing assets and to realize anticipated cost savings and other efficiencies and benefits, (x) satisfaction of the conditions to the respective closings of the divestitures discussed herein and (xi) our ability to successfully complete our organic growth projects and to realize the anticipated financial benefits.  You should read our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2017, for a more extensive list of factors that could affect results.  We undertake no obligation to revise our forward-looking statements to reflect events or circumstances occurring after today’s date except as required by law.

Contact:
Kevin J. Goodwin
Vice President & Treasurer
irelations@buckeye.com
(800) 422-2825 Reported by GlobeNewswire 14 hours ago.

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Ship traffic, December 19

December 18, 2018, 2:50 pm

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Ship traffic Due to arrive today SHIP FROM PORT California Highway San Diego RCH CSCL Winter Los Angeles OAK Daniel K.Inouye Honolulu OAK Hong Kong Bridge Los Angeles OAK Hyundai Singapore Long Beach OAK Jiangmen Trader Canada OAK NYK Orion Long Beach OAK Salinas Squamish, British Columbia SAC Singapore Express Seattle OAK Triton Los Angeles OAK Due to depart today SHIP TO PORT APL Esplanade Port Unknown OAK Aztaca Port Unknown SFO Bear Mountain Bridge Tokyo OAK NYK Rumina Seattle OAK Seaspan Hamburg Long Beach SFO Source: S.F. Marine Exchange Reported by SFGate 14 hours ago.

France's Macron turns to Sarkozy amid 'yellow vest' protests

December 18, 2018, 10:16 pm

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By Marine Pennetier and Michel Rose PARIS (Reuters) - In the midst of the biggest political crisis of his presidency, Emmanuel Macron is enlisting the help of former French president Nicolas Sarkozy, in a sign that the right-wing ex-leader's influence on Macron is on the rise. In the space of three weeks, Macron, who has struggled to quell a month-long revolt against his reforms, has made two gestures towards Sarkozy, who led France from 2007 to 2012 on a hardline law-and-order platform. Reported by Firstpost 7 hours ago.

Salmon May Lose The Ability To Smell Danger As Carbon Emissions Rise

December 18, 2018, 9:29 pm

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The ability to smell is critical for salmon. They depend on scent to avoid predators, sniff out prey and find their way home at the end of their lives when they return to the streams where they hatched to spawn and die.

New research from the University of Washington and NOAA Fisheries’ Northwest Fisheries Science Center shows this powerful sense of smell might be in trouble as carbon emissions continue to be absorbed by our ocean. Ocean acidification is changing the water’s chemistry and lowering its pH. Specifically, higher levels of carbon dioxide, or CO2, in the water can affect the ways in which coho salmon process and respond to smells.

“Salmon famously use their nose for so many important aspects of their life, from navigation and finding food to detecting predators and reproducing. So it was important for us to know if salmon would be impacted by future carbon dioxide conditions in the marine environment,” said lead author Chase Williams, a postdoctoral researcher in Evan Gallagher’s lab at the UW Department of Environmental and Occupational Health Sciences.

The study, appearing online in the journal Global Change Biology, is the first to show that ocean acidification affects coho salmons’ sense of smell. The study also takes a more comprehensive approach than earlier work with marine fish by looking at where in the sensory-neural system the ability to smell erodes for fish, and how that loss of smell changes their behavior.

“Our studies and research from other groups have shown that exposure to pollutants can also interfere with sense of smell for salmon,” said Gallagher, senior co-author and a UW professor of toxicology. “Now, salmon are potentially facing a one-two punch from exposure to pollutants and the added burden of rising CO2. These have implications for the long-term survival of our salmon.”

The research team wanted to test how juvenile coho salmon that normally depend on their sense of smell to alert them to predators and other dangers display a fear response with increasing carbon dioxide. Puget Sound’s waters are expected to absorb more CO2 as atmospheric carbon dioxide increases, contributing to ocean acidification.

In the NOAA Fisheries research lab in Mukilteo, the research team set up tanks of saltwater with three different pH levels: today’s current average Puget Sound pH, the predicted average 50 years from now, and the predicted average 100 years in the future. They exposed juvenile coho salmon to these three different pH levels for two weeks.

After two weeks, the team ran a series of behavioral and neural tests to see whether the fishes’ sense of smell was affected. Fish were placed in a holding tank and exposed to the smell of salmon skin extract, which indicates a predator attack and usually prompts the fish to hide or swim away. Fish that were in water with current CO2 levels responded normally to the offending odor, but the fish from tanks with higher CO2 levels didn’t seem to mind or detect the smell.

After the behavioral tests, neural activity in each fish’s nose and brain — specifically, in the olfactory bulb where information about smells is processed — was measured to see where the sense of smell was altered. Neuron signaling in the nose was normal under all CO2 conditions, meaning the fish likely could still smell the odors. But when they analyzed neuron behavior in the olfactory bulb, they saw that processing was altered — suggesting the fish couldn’t translate the smell into an appropriate behavioral response.

Finally, the researchers analyzed tissue from the noses and olfactory bulbs of fish to see if gene expression also changed. Gene expression pathways were found to be altered for fish that were exposed to higher levels of CO2, particularly in their olfactory bulbs.

“At the nose level, we think the neurons are still detecting odors, but when the signals are processed in the brain, that’s where the messages are potentially getting altered,” Williams said.

In the wild, the fish likely would become more and more indifferent to scents that signify a predator, Williams said, either by taking longer to react to the smell or by not swimming away at all. While this study looked specifically at how altered sense of smell could affect fishes’ response to danger, it’s likely that other critical behaviors that depend on smell such as navigation, reproduction and hunting for food would also take a hit if fish aren’t able to adequately process smells.

The researchers plan to look next at whether increased CO2 levels could affect other fish species in similar ways, or alter other senses in addition to smell. Given the cultural and ecological significance of salmon, the researchers hope these findings will prompt action.

“We’re hoping this will alert people to some of the potential consequences of elevated carbon emissions,” said senior co-author Andy Dittman, a research biologist at the Northwest Fisheries Science Center. “Salmon are so iconic in this area. Ocean acidification and climate change are abstract things until you start talking about an animal that means a lot to people.” Reported by Eurasia Review 8 hours ago.

Boskalis lowest bidder for Elbe deepening project in Germany

December 18, 2018, 11:34 pm

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Papendrecht, 19 December 2018

Royal Boskalis Westminster N.V. (Boskalis) recently submitted a tender to WSA Cuxhaven for the deepening of the river Elbe. Yesterday evening, the awarding client published the commercial outcome of the tender in which Boskalis submitted the lowest price. WSA Cuxhaven will verify the commercial and technical aspects of the tender in the coming weeks and is expected to award the contract of approximately EUR 200 million in the second half of January 2019. The dredging activities are due to commence in February 2019.

*Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions. Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 10,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.*

This press release can also be found on our website www.boskalis.com.

*Attachments*

· pdf version press release.pdf
· Picture: Boskalis hopper Willem van Oranje.jpg Reported by GlobeNewswire 6 hours ago.

'Discard ban' on fish to come into effect on 1 January

December 19, 2018, 1:17 am

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Minister for Agriculture, Food and the Marine Michael Creed has said a "discard ban" will come into effect on 1 January, following last night's 2019 EU Fisheries negotiations. Reported by RTE.ie 4 hours ago.

Global Recreational Boat Market Outlook and Forecast Report 2018-2023

December 19, 2018, 1:26 am

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Dublin, Dec. 19, 2018 (GLOBE NEWSWIRE) -- The "Recreational Boat Market - Global Outlook and Forecast 2018-2023" report has been added to *ResearchAndMarkets.com's* offering.

The global recreational boat market is expected to reach revenues of more than $50 billion by 2023, growing at a CAGR of approximately 4% during 2017-2023. The research report also offers market size in terms of unit shipment values during the forecast period.

The exponential growth of the travel and tourism industry across the European region will positively impact the development of the global market. The rapid economic development and the increasing demand for charter services in Southeast Asia will boost the demand for new products in the market. The global recreational boat market is driven by growth in travel and tourism across the European, Russia, APAC, and Latin American region. The rapid economic growth, increasing HNWI population, and the growing popularity of Southeast Asian tourist beach and marine destinations will boost revenues in the global recreational boating market. The market research report provides in-depth market analysis and segmental analysis of the global recreational boat market by power, product, and geography.

The report considers the present scenario of the global recreational boat market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global recreational boat market.

*Recreational Boat Market - Dynamics*

The increasing participation in leisure boating activities across the European and the US regions will boost the demand for superior systems in the global recreational boating market. The US and Europe are the biggest markets for recreational boating. In 2017, about 3.9 million people in the UK, i.e., about 7.4% of the total UK adult population, participated in core boating activities. The introduction of digital dashboards with touchscreen displays enable users to control the boat by just touching the screens.

The fly-by-wire technology introduced in digital throttles and shifts are more reliable than moving mechanical parts and will contribute to the development of the global recreational boating market. The growing development and use of hybrid and electric boat engines will contribute to the transformation of the global recreational boating market. The increasing consumer awareness about the harmful effects of marine pollution and the stringent environmental norms is encouraging the manufacturers to make electric and hybrid engines for recreational boats in the global market.

*Recreational Boat Market - Segmentation*

This market research report includes a detailed segmentation of the market by power, product, and geography. Inflatable boat segment dominated less than 1/3rd of the market share in 2017, growing at a CAGR of more than 4% during the forecast period. The increasing participation in various water-based leisure activities is contributing to the growing demand for these products in the global market. The affordable prices and ease of use of inflatable boats create lucrative opportunities for the leading vendors in the global market.

The man-powered segment occupied the second largest market share in 2017, growing at a CAGR of around 4% during the forecast period. The extensive use of man-powered boats for leisure, sports, and competition purposes is fueling the growth of this segment in the global market. Canoes, kayaks, gondolas, and punt boats are some of the most widely available man-powered vessels in the global recreational boat market. These boats use energy generated from the hands or feet,i.e., with oars, paddles, or poles, or through the feet with pedals and a crank or treadles.

*Key Topics Covered:*

*1 Research Methodology*

*2 Research Objectives*

*3 Research Process*

*4 Report Coverage*
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study

*5 Report Assumptions & Caveats*
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

*6 Market at a Glance*
7 Introduction
7.1 Overview
7.1.1 Recreational boat overview

*8 Market Dynamics*
8.1 Market Growth Enablers
8.1.1 Increased spending on luxury products and services by HNWIs
8.1.2 Increasing participation in leisure boating activities in Europe and the US
8.1.3 Growth of Asian yachting industry
8.1.4 Increasing sales of outboard boats
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 Environmental pollution caused by boating
8.2.2 Failure to attract millennials
8.2.3 Growth of boat sharing and rentals market
8.2.4 YOY Impact of Market Growth Restraints
8.2.5 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Technological advancements in marine industry
8.3.2 Growth of hybrid and electric boat engines
8.3.3 Increased use of AGM and gel batteries
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends in Regions

*9 Global Recreational Boat Market*
9.1 Market Overview
9.1.1 Historical Data 2015-2016
9.1.2 Market Size & Forecast 2017-2023
9.2 Porter's Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry

*10 By Boat Type*
10.1 Market Overview
10.2 Outboards Boat
10.3 Inboards/Sterndrives Boat
10.4 Personal Watercraft Boat
10.5 Sail boats/Yachts
10.6 Inflatable Boats
10.7 Other Boats

*11 By Power Type*
11.1 Market Overview
11.2 Engine-Powered Boats
11.3 Man-powered Boats
11.4 Sail-Propelled Boats

*12 Geographical Segmentation*
12.1 Market Overview

*13 North America*

*14 Europe*

*15 APAC*

*16 Latin America*

*17 Middle-East & Africa*

*18 Competitive Landscape*
18.1 Competition overview

*19 Key Company Profiles*
19.1 Brunswick Corporation
19.2 Groupe Beneteau
19.3 Azimut-Benetti Group
19.4 Sunseeker International
19.5 Ferretti

*20 Other Prominent Companies*
20.1 Princess Yachts
20.2 Marine Products Corporation
20.3 MCBC Holdings Inc.
20.4 Malibu Boats Inc.
20.5 HanseYachts
20.6 Bavaria Yachtbau
20.7 Bertram Yachts
20.8 Boston Whaler Boats
20.9 Chaparral Boats
20.10 Grady-White Boats
20.11 Lund Boat Company
20.12 Sea Ray
20.13 White River Marine Group
20.14 Yamaha Motor Corporation
20.15 Viking Yacht
20.16 Grand Banks Yachts
20.17 Porter
20.18 Maverick Boat Group Inc
20.19 Correct Craft
20.2 Baja Marine
20.21 Pacific Asian Enterprises
20.22 Albemarle Boats
20.23 Marlow Hunter
20.24 Catalina Yachts
20.25 Hobie Cat Corporation
20.26 Zodiac Marine & Pool SAS
20.27 Bombardier Recreational Products Incorporated
20.28 Fountain Powerboat Industries Incorporated
20.29 Godfrey Marine
20.30 Thunder Jet
20.31 Explorer Industries
20.32 Custom Weld
20.33 Duckworth Boats
20.34 High Caliber

For more information about this report visit https://www.researchandmarkets.com/research/q85z64/global?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Maritime Reported by GlobeNewswire 4 hours ago.

Larne to Cairnryan ferry lorry topple inquiries continue

December 19, 2018, 2:41 am

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The Marine Accident Investigation Branch will decide whether or not to launch a full probe into the incident. Reported by BBC News 3 hours ago.

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EU agrees to ban throw-away plastics to limit ocean pollution

December 19, 2018, 3:13 am

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Throw-away plastic items such as straws and polystyrene cups will be banned in the European Union by 2021, EU officials agreed on Wednesday, as they passed measures to cut plastic use in a bid to reduce marine litter. Reported by Reuters India 2 hours ago.

European officials agree on ban of some single-use plastics

December 19, 2018, 3:13 am

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BERLIN (AP) — European Union officials have agreed to ban some single-use plastics, such as disposable cutlery, plates and straws, in an effort to cut marine pollution.Representatives from the EU's 28 member states and the European... Reported by New Zealand Herald 2 hours ago.

Major General Les Carroll (U.S. Army, Retired) Joins Veterans Recovery Resources

December 19, 2018, 4:02 am

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Veterans Recovery Resources, a community-based non-profit organization that serves Veterans, their families, caregivers and survivors, announced today a new slate of officers amongst five new members recently selected to serve on the organization’s Board of Directors.

MOBILE, Ala. (PRWEB) December 19, 2018

Major General Les Carroll (USAR, Ret), Colonel Jerry Steele (USMCR, Ret), Henry Esham, Tina Stewart and Amanda Hayes have joined the Board of Directors at Veterans Recovery Resources. Their initial terms will run through January 2020.

Les Carroll, President of the Board: Les retired in 2017 after 39 years military service. He served as commanding general of the 377th Theater Sustainment Command (TSC) in New Orleans, LA, the largest command in the U.S. Army Reserve, with more than 36,000 Soldiers, over 900 Civilians and 442 units in 39 states. Prior to this assignment, he served as the Chief of Staff, U.S. Army Forces Command, Fort Bragg, NC from July 2012 until June 2014. Les was commissioned a Second Lieutenant of Infantry from the University of Georgia Reserve Officers Training Corps (ROTC) in 1978 and began his military career at Fort Benning, GA. He received his bachelor’s from Northwestern State University in LA. Les and his wife live in Georgia, within easy access to their four children and grandchildren.

Jerry Steele, Vice President of the Board: Jerry served 27 years in the military and retired as a Colonel in the United Stated Marine Corps Reserve. His collateral duties included logistics officer, fiscal budget officer, safety officer, drug and alcohol abuse control officer and legal officer. He amassed over 2,000 flight hours in Marine jets. Jerry also brings over 25 years leadership experience in medical practice management and non-profit. He is very active in the community, currently serving as the Alabama State Council of MOAA Secretary. He is a past Commandant for the Marine Corps League, past President of the Medical Group Manager’s Association and Program Manager for Toys for Tots. He and his wife retired in Mobile, AL near their children and grandchildren.

Tina Stewart, Treasurer of the Board: Tina joins the board as Treasurer after volunteering her services at Veterans Recovery Resources for over a year. She is a CPA and manager with Carr, Riggs & Ingram, LLC and worked at Smith, Dukes & Buckalew prior to that. Tina specializes in government and non-profit public accounting. Tina received her B.S. in Accounting and B.S. in Mathematics from the University of New Orleans. She is a member of both the Alabama and Louisiana state societies for CPAs. As a military spouse, Tina is passionate about supporting military families and understands the challenges they face. Her husband, Jimmy, serves in the U.S. Coast Guard and served in the U.S. Army prior to that. They live in Spanish Fort, AL with their four children.

Amanda Hayes, Secretary of the Board: Amanda has 30 years of marketing strategy, communications and program management experience in the consulting services, technology start-up and non-profit industries. She spent 18 years working and contracting with Accenture in London, Toronto and the U.S. and is currently a co-owner of MFH Consulting in Atlanta, Georgia. Amanda holds a Master of International Management (MIM) from the Thunderbird School of Global Management. She is passionate about raising awareness of the issues facing our Veteran community across the nation, all of whom have so selflessly served our country. She joins the board after volunteering her services full-time for nearly three years. She and her husband, Marc, live in Atlanta, Georgia and have three children and several grandchildren.

Henry Esham, Board Member: Henry earned his Doctor of Dental Medicine from the University of Alabama at Birmingham School of Dentistry in 2013. He served over 22 years in the military, including nine years as a Naval Aviator (commissioned in 2001) and five as a military police officer in the Alabama National Guard. He completed several deployments, flying missions in support of Operation Iraqi Freedom, Operation Enduring Freedom and the Global War on Terrorism. Henry continues to serve in the U.S. Navy Reserve and is committed to serving his country and community and ensuring Veterans receive the best care available. He and his wife live in Fairhope, AL with their children.

Founding Board Member Jim Ware, stepped down in July 2018 after three years of service.

Veterans Recovery Resources Founder and Executive Director John Kilpatrick thanked those who have served on the board and welcomed the new members. “I am personally grateful to Jim Ware for all he did to help get our organization off the ground, as well as to COL Mike Plattenburg, who continues his fourth year of dedicated service on our board," said Kilpatrick. "And, I am incredibly honored to welcome Les, Jerry, Tina, Amanda and Henry. Serving on the board of a unique start-up organization like Veterans Recovery Resources requires dedication, hard work, and a commitment to improving our communities. We are grateful for their time and talents to strengthen our organization and make a positive impact on the lives of the Veterans we are privileged to serve.”

Newly-elected Veterans Recovery Resources Board President Les Carroll added, “As our organization and board continues to grow and evolve, I am personally honored to lead the next chapter in achieving our mission of removing the barriers to care for Veterans and their families suffering from substance abuse, post-traumatic stress and other mental wellness issues. It’s exciting to be a part of an organization that is combining primary care, behavioral health, peer support and community engagement in unique ways. Together, we can help Veterans get back to the productive lives they have earned—not only in southwest Alabama, but in other parts of the country as well.”

Veterans Recovery Resources opened its first outpatient clinic in November 2018 at 1156 Springhill Avenue in Mobile, Alabama and is in phase two of its capital campaign to open the first Veteran-specific residential treatment program in southwest Alabama. In an effort to provide care to the broadest range of persons, Veterans Recovery Resources defines Veterans as any person who served in the U.S. military for at least one day (whether past or present). The clinical team has special expertise in addressing basic medical concerns along with chronic pain, substance abuse/dependence, and other common conditions among persons who served in the U.S. military (for example, processing trauma, moral injury, depression, anxiety)—as well as those faced by military families, caregivers and survivors.

About Veterans Recovery Resources

Veterans Recovery Resources is a non-profit, community-based substance abuse and mental wellness program developed for Veterans, by Veterans—regardless of their ability to pay. “Vets Recover” is designed to deliver the highest-quality, evidence-based, compassionate and affordable services to all Veterans who need help. Treatment is provided by professionals with the cultural competence to specifically address Veterans’ mental wellness issues. Our goal is to create a vibrant network of Veterans—and their families—who support each other over a lifetime and work together to strengthen and contribute to our local communities and economy. To learn more about Veterans Recovery Resources, or to lend your support to its vital mission, please visit http://www.vetsrecover.org or call 866-648-7334. Reported by PRWeb 1 hour ago.

The Global Refrigerated Sea Transportation Market is Projected to Grow at Over 4% by 2022

December 19, 2018, 4:36 am

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Dublin, Dec. 19, 2018 (GLOBE NEWSWIRE) -- The "Global Refrigerated Sea Transportation Market 2018-2022" report has been added to *ResearchAndMarkets.com's* offering.

The refrigerated sea transportation market will register a CAGR of over 4% by 2022.

The latest trend gaining momentum in the market is the penetration of blockchain technology in marine transportation. According to the report, one of the major drivers for this market is the pharmaceutical industry increasingly preferring seaborne transportation. Further, the report states that one of the major factors hindering the growth of this market is the volatility in reefer container prices.

*Key Players*· A.P. Moller - Maersk
· CMA CGM
· Mediterranean Shipping Company
· Siem Shipping
· Yang Ming

*Topics Covered*

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

· Market ecosystem
· Market characteristics
· Market segmentation analysis

PART 05: MARKET SIZING

· Market definition
· Market sizing 2017
· Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

· Segmentation by end-user
· Comparison by end-user
· Food and beverages - Market size and forecast 2017-2022
· Fresh produce and meat - Market size and forecast 2017-2022
· Other end-users - Market size and forecast 2017-2022
· Market opportunity by end-user

PART 09: REGIONAL LANDSCAPE

· Geographical segmentation
· Regional comparison
· Americas - Market size and forecast 2017-2022
· EMEA - Market size and forecast 2017-2022
· APAC - Market size and forecast 2017-2022
· Key leading countries
· Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

· Penetration of blockchain technology in marine transportation
· Growing initiative to promote cold chain
· Rising adoption of e-freight documentation

PART 13: VENDOR LANDSCAPE

· Overview
· Landscape disruption
· Competitive scenario

PART 14: VENDOR ANALYSIS

· Vendors covered
· Vendor classification
· Market positioning of vendors
· A.P. Moller - Maersk
· CMA CGM
· Mediterranean Shipping Company
· Siem Shipping
· Yang MingFor more information about this report visit https://www.researchandmarkets.com/research/zxldhs/the_global?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Related Topics: Maritime, Industrial Refrigeration Reported by GlobeNewswire 43 minutes ago.

Global Methyl Methacrylate (MMA) Adhesives Market Will Reach USD 1.68 Billion By 2024: Zion Market Research

December 19, 2018, 4:54 am

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According to the report, the global methyl methacrylate (MMA) adhesives market was valued at USD 1.01 billion in 2017 and is expected to reach USD 1.68 billion by 2024, growing at a CAGR of 7.5% between 2018 and 2024.

New York, NY, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Methyl Methacrylate (MMA) Adhesives Market by Substrate (Metal, Plastic, Composite, and Others) and by End-Use (Automotive & Transportation, Building & Construction, Marine, Wind Energy, General Assembly, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”*. According to the report, the global methyl methacrylate (MMA) adhesives market was valued at USD 1.01 billion in 2017 and is expected to reach USD 1.68 billion by 2024, growing at a CAGR of 7.5% between 2018 and 2024.

Methyl methacrylate (MMA) adhesives are fundamental adhesives developed to bond metals, plastics, and composites. MMA adhesives are tough, flexible, and easy to use.

*Browse through 92 Tables & 30 Figures spread over 110 Pages and in-depth TOC on “Global Methyl Methacrylate (MMA) Adhesives Market: Industry Type, Size, Share, Demand, Applications, Analysis and Forecast, 2017—2024”.*

*Request Free Sample Report of Global Methyl Methacrylate (MMA) Adhesives Market Report @* https://www.zionmarketresearch.com/sample/methyl-methacrylate-adhesives-market

The automotive and transportation is the fastest growing end-user of the methyl methacrylate (MMA) adhesives market. The increased use of methyl methacrylate (MMA) adhesives in automotives is expected to witness a significant rise over the forecast time period. However, the volatile raw material costs might hamper this market. Nevertheless, the growing popularity of eco-friendly, non-toxic, and sustainable adhesives are likely to create new growth opportunities for the major players operating in the methyl methacrylate (MMA) adhesives market on a global scale.

Based on the substrate, the global methyl methacrylate (MMA) adhesives market is divided into metal, plastic, composite, and others. In 2017, composites dominated the market and held a significant share. Composites are most preferable MMA due to their use in varied connecting composite items, such as bumpers, deflectors, composite tanks, roofs, car seats, blades, instrument panels, and interior body panel structures of cars, trucks, buses, tanks, and rails. Based on end-use, this global market is mainly segmented into automotive and transportation, building and construction, marine, wind energy, general assembly, and others. In 2017, the automotive and transportation industry dominated the MMA market. Methyl methacrylate (MMA) adhesives offer excellent performance along with reducing vehicle weight. These adhesives applications have revolutionized the building and design processes in the automotive industry. The rising product demand in automotive and transportation, building and construction, marine, and wind energy, particularly in the BRICS (Brazil, Russia, India, China, and South Africa) nations, is projected to drive the methyl methacrylate (MMA) adhesives market in the next few years. The marine sector uses methyl methacrylate (MMA) adhesives due to their excellent gap filling ability, reduced gel coat cracking, and superior performance for laminated joints.

*Download Free Report PDF Brochure: *https://www.zionmarketresearch.com/requestbrochure/methyl-methacrylate-adhesives-market

In 2017, Asia Pacific was the largest share for the methyl methacrylate (MMA) adhesives market. In terms of value, Asia Pacific is estimated to grow at the highest rate of growth in the future. This regional growth can be primarily attributed to the rising product demand in various end-use industries. In addition, this region’s trade and commerce activities are growing continuously. China and India are the region’s major markets for methyl methacrylate (MMA) adhesives. In European and North American markets, because of economic contraction and saturation, the demand for methyl methacrylate (MMA) adhesives is shifting toward Asia Pacific. With increased domestic demand and easy access to required resources, Asia Pacific is anticipated to emerge as one of the leading producers and consumers in the methyl methacrylate (MMA) adhesives (MMA) adhesives market.

North America was the second largest methyl methacrylate (MMA) adhesives market in 2017 globally. This was due to the growing industrial activities due to the increased use of methyl methacrylate (MMA) adhesives in automotive and transportation, marine, and wind energy sectors. The North American methyl methacrylate (MMA) adhesives market is likely to be driven by flourishing automotive and food packaging sectors and the rising industrial activities in the U.S. and Canada in the forecast time period.

Browse the full *"Methyl Methacrylate (MMA) Adhesives Market by Substrate (Metal, Plastic, Composite, and Others) and by End-Use (Automotive & Transportation, Building & Construction, Marine, Wind Energy, General Assembly, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024"* Report At https://www.zionmarketresearch.com/report/methyl-methacrylate-adhesives-market

Europe is expected to witness sustainable growth in the methyl methacrylate (MMA) adhesives market in the future. Spending in construction and infrastructural sectors, especially in UK, Germany, and France, is expected to propel this market over the estimated time period. In Europe, the flourishing automotive sector and increasing consumer disposable income are projected to further fuel the methyl methacrylate (MMA) adhesives in the future.

The Latin American and the Middle Eastern and African markets are projected to witness massive growth over the forecast time period, owing to the huge investments made by the international players in methyl methacrylate (MMA) adhesives projects in both these regions. These activities are likely to help the methyl methacrylate (MMA) adhesives market gain traction in the future. Improving economic activities are further expected to boost the regions’ methyl methacrylate (MMA) adhesives market in the upcoming years.

*Inquire more about this report before purchase @ *https://www.zionmarketresearch.com/inquiry/methyl-methacrylate-adhesives-market

The major vendors of the global methyl methacrylate (MMA) adhesives market include The 3M Company, Arkema, Illinois Tool Works Inc., Lord Corporation, Scott Bader, SCIGRIP, Henkel AG & Company, Lord Corporation, Parsons Adhesives, Inc., Permabond LLC, and Huntsman Corporation, among others.

*Request customized copy of report @ *https://www.zionmarketresearch.com/custom/3651

*This report segments the global methyl methacrylate (MMA) adhesives market into:*

*Global Methyl Methacrylate (MMA) Adhesives Market: Substrate Analysis*

· Metal
· Plastic
· Composite
· Others

*Global Methyl Methacrylate (MMA) Adhesives Market: End-Use Analysis*

· Automotive and Transportation
· Building and Construction
· Marine
· Wind Energy
· General Assembly
· Others

*Global Methyl Methacrylate (MMA) Adhesives Market: Regional Analysis*

· North America

· The U.S.

· Europe

· UK
· France
· Germany

· Asia Pacific

· China
· Japan
· India

· Latin America

· Brazil

· The Middle East and Africa

*Related Reports:*

· *Cross Laminated Timber (CLT) Market: *https://www.zionmarketresearch.com/report/cross-laminated-timber-market
· *Extruded Polypropylene (XPP) Foam Market: *https://www.zionmarketresearch.com/report/extruded-polypropylene-foam-market
· *Bioethanol Market: *https://www.zionmarketresearch.com/report/bioethanol-market
· *Bio Plasticizers Market:* https://www.zionmarketresearch.com/report/bio-plasticizers-market
· *Fatty Alcohol Market: *https://www.zionmarketresearch.com/report/fatty-alcohol-market                                            

*About Us:*

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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* Blog:* http://zmrblog.com Reported by GlobeNewswire 25 minutes ago.

dynaCERT Comments on Ontario’s Environmental Plan and Provides a Corporate Update

December 19, 2018, 5:35 am

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TORONTO, Dec. 19, 2018 (GLOBE NEWSWIRE) -- *dynaCERT  *Inc.  (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to provide comments to the newly announced Government of Ontario Environmental Plan.Ontario Environmental Plan

dynaCERT is encouraged by the direction the Ontario Government is headed with its newly released Environmental Plan. There are provisions in the plan for support to transport and equipment users to reduce their fuel consumption and carbon emissions with a particular focus on greener diesel and renewable hydrogen both of which are keystones of dynaCERT’s HydraGEN™ Technology.

The HydraGEN™ Technology “Designed and Made in Ontario” has been tested and independently third-party verified to:
1.       Reduce Greenhouse Gases such as lethal Nitrogen Oxides emissions (NOx) by up to 88%
2.       Reduce Carbon Monoxide emissions (CO) by up to 51%
3.       Reduce Hydrocarbon emissions (THC) by up to 50%
4.       Reduce Particulate Matter (Black Smoke) by up to 74%
5.       Reduce diesel fuel consumption by up to 19%

We look forward to our HydraGEN™ Technology supporting the government’s plan to reduce greenhouse gas (GHG) emissions.

Gallagher Crane Trial Achievements

Through Castle Star General Trading LLC, our dealer in Dubai, Gallagher Crane International (please see www.gallagher-uae.com) a user of HydraGENä Technology, began a HydraGEN™ trial in July 2018 where ambient environmental conditions reach over 58 degrees Celsius. The crane was used in many different commercial jobs.  The trial was conducted not only in “travel-to-site” conditions but also in “stationary crane lifting” conditions, some of which reached near the lifting capacity of the crane and exerted a substantial load on the engine. The final results have shown up to 23% fuel savings and up to 66% carbon emission reductions. The HG145 unit performed throughout day and night conditions in a high humidity environment.

The 2004 11.9 Litre Mercedes-powered crane engine has a Euro II emission control system. An independent baseline test was conducted by the firm Al Futtaim Element Material Testing (please see www.element.com). The firm then conducted the post-trial testing that showed a dramatic improvement on emissions that would upgrade the engine emission performance from a Euro II to a Euro V level.   Please see our website for the full trial report.

Dubai has the second largest number of cranes in use among urban centers worldwide. With the benefit of the strong results from the mobile crane trial, Castle Star is now in negotiations with Gallagher and other crane rental firms to use the HydraGEN™ Technology in fleets and mobile generator plants. The HydraGEN™ Technology that produces these extraordinary performance results can assist the country in achieving the “Dubai 10X Initiative” as launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

Upgraded and Improved Product

dynaCERT's commitment to supporting our dealers and rebuilding confidence with the many early adopters of the HydraGEN™ Technology continues. Accordingly, the Company has reached out to all customers who purchased earlier versions of HydraGEN™ units to offer free upgrades to the latest version of the HG145 unit. These upgraded units now showcase (a) additional innovative safety features, (b) a more robust case with a built-in reservoir tank providing more secure performance including a Winter Performance Package and (c) firmware and hardware enhancements to the newer SMART ECU2. Of note, although dynaCERT has commercial Product Liability Insurance, the Company has not received and is unaware of any insurance claims related to the HydraGEN™ Technology.

dynaCERT has successfully received acceptance of two new Patent Cooperation Treaty (PCT) applications for patent protection regarding its SMART ECU2 and its proprietary electrolysis unit specifically enabling efficient operations in extreme cold climatic conditions. With the new improved and more robust product, we are confident that our HydraGEN™ Technology is well designed for the wide variances in North American climatic conditions that could conceivably vary from +55 degrees Celsius (Mexico) to -75 degrees Celsius (Arctic). Since implementing the above changes, dynaCERT is receiving positive reports from buyers of the new HG145 units that are in transportation use, heavy equipment and on stationary generators.

*About dynaCERT Inc.*
dynaCERT Inc. manufactures, distributes, and installs Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patent-pending technology creates hydrogen and oxygen on-demand through electrolysis and supplies these through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with all types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com

**READER ADVISORY
**Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to the potential expansion into new markets, industries and segments, such as diesel-powered use of any the dynaCERT products and sales. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

*Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.*

*On Behalf of the Board*

*Murray James Payne, CEO*
*For more information, please contact:*

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
(416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
(416) 766-9691 x 1
ir@dynaCERT.com Reported by GlobeNewswire 51 minutes ago.

Winnebago's fiscal 1Q sales growth drives earnings beat

December 19, 2018, 6:04 am

≫ Next: Larson Electronics Releases Portable Power Distribution Panel/Disconnect with 480V 3PH Input

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Winnebago Industries (NYSE:WGO) reported better-than-expected fiscal first-quarter 2019 results, driving the shares higher in Wednesday's pre-market trading. The maker of recreational vehicles said quarterly revenue reached $493.6 million, almost 10% higher than the $450 million in the year-ago period and beating the consensus of $486.4 million. Earnings per share reached $0.70 on net income of $22.2 million, compared with EPS of $0.57 a year ago on net income then of $18 million. The consensus EPS was $0.64. "Sales growth remained robust as we continued to take overall retail market share on the RV side, and we were successful in expanding margins during the quarter, primarily driven by the continued profitability recovery within our Motorhome segment," said CEO Michael Happe.  Shares of Winnebago rose almost 9.5% to $21.85. READ: Winnebago reports beat on 4Q revenue and earnings as full year sales hit $2 billion, shares climb Happe added: "We were also satisfied with the strong reception our new products received at both the RV Open House and the Fort Lauderdale International Boat Show this fall." Motorhome segment revenue was $181.3 million, down 3.6% from the previous year. But Towable segment revenue hit $292.8 million for the first quarter, up 12.8% over the prior year, driven by continued strong organic unit growth across the Grand Design RV branded line and pricing, Winnebago said. Winnebago Industries manufactures and sells recreational vehicles and marine products for use in leisure travel and outdoor recreation activities. The Iowa-based company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.   Contact Rene Pastor by rene.pastor@proactiveinvestors.com Reported by Proactive Investors 22 minutes ago.

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Larson Electronics Releases Portable Power Distribution Panel/Disconnect with 480V 3PH Input

December 19, 2018, 1:05 pm

≫ Next: Safe Bulkers, Inc. Announces Common Stock Repurchase Program

≪ Previous: Winnebago's fiscal 1Q sales growth drives earnings beat

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KEMP, Texas, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting and power equipment sectors, announced the release of a portable power distribution panel offering a three-phase 480V and a 300-amp main lug only panel. This 316 stainless steel unit allows operators to safely tap into power from generators and direct grid power and is mounted onto a galvanized cart with a roof suitable for outdoor locations.The MCP-XC-SS316-300MLO-TKD-MOD1 portable power distribution system is designed to operate with 480V three-phase voltage through a 300-amp main lug only panel, which is protected by a 300-amp load center with breakers. A customer provided cord brings 480V AC three-phase power into the 400-amp disconnect, which is fused at 300 amps. This portable panel is equipped with one 250-amp breaker, feeding three 100-amp pin/sleeve IEC 60309 IP67 receptacle, and two 50-amp breakers for feeding two 50-amp pump control panels and two 30-amp breakers for feeding two 30-amp pump control panels. The load center is mounted within the NEMA 4X enclosure.

The MCP-XC-SS316-300MLO-TKD-MOD1 has a transformer and load center/distribution assembly constructed of 316 stainless steel. The unit is mounted to a galvanized steel upright cart style frame with locking casters, which provides users with a stable, durable and mobile power distribution platform. A galvanized roof protects the unit from sunlight, debris and corrosive elements, allowing it to be used outdoors.

These units are available up to 150KVA and can be equipped with skids or trailer mounted. This unit has can be modified for a variety of needs upon request. Suitable applications include indoor or outdoor use, construction sites, plant maintenance, plant turnarounds, hazardous location operations, shows, exhibits, shipyard operations and more.

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

*For further information, please contact:*

Rob Bresnahan, President and CEO
Toll-free: 1-888-351-2363
Int’l: 214-616-6180
Fax: 903-498-3364
E-mail: sales@larsonelectronics.com

Photos accompanying this announcement are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/4ab9d948-7428-4ceb-9d19-7db0cd8a9f77http://www.globenewswire.com/NewsRoom/AttachmentNg/11f196d4-138b-4387-881a-86bde9948647

http://www.globenewswire.com/NewsRoom/AttachmentNg/cfd769bb-d828-4fac-a6c9-b45756086a26

http://www.globenewswire.com/NewsRoom/AttachmentNg/2ebf8656-eacb-498b-91ba-4bab3f93afba

  Reported by GlobeNewswire 18 hours ago.

Safe Bulkers, Inc. Announces Common Stock Repurchase Program

December 19, 2018, 1:16 pm

≫ Next: Globus Maritime Limited Announces Closing of $13.5 Million Loan

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MONACO, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 3,000,000 shares of the Company’s common stock.  If the maximum number of shares of the Company’s common stock are purchased pursuant to the program, it would represent approximately 2.9% of the shares of the Company’s common stock outstanding and 5.7% of its public float.The program does not obligate the Company to purchase shares of the Company’s common stock and the program may be modified or terminated at any time without prior notice. Any such purchases will be made in the open market in compliance with applicable laws and regulations, and that purchases on the open market will be conducted within the safe harbor provisions of Regulation 10b-18 under the Securities Exchange Act of 1934, as amended. The purchases will be funded using the Company’s existing cash resources.

*About Safe Bulkers, Inc.
*
The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series B preferred stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C”, and “SB.PR.D”, respectively.

*Forward-Looking Statements *

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

*For further information please contact:*

*Company Contact:*
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Athens, Greece
Tel.: +30 2 111 888 400
Fax: +30 2 111 878 500
E-Mail: directors@safebulkers.com

*Investor Relations / Media Contact:*
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com Reported by GlobeNewswire 18 hours ago.

Globus Maritime Limited Announces Closing of $13.5 Million Loan

December 19, 2018, 1:16 pm

≫ Next: EU Agrees To Ban Single-Use Plastics Starting In 2021

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ATHENS, Greece, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”) (NASDAQ: GLBS), a dry bulk shipping company, has successfully closed the refinancing of two ships through a long term credit facility with Macquarie through its global ship financing business.  The loan utilized amounts up to $13.5 million and carries a 5-year tenor and an interest rate of Libor + 4.25%.The Chief Executive Officer of Globus Maritime, Athanasios Feidakis commented:

“We are pleased to be working with Macquarie, and are looking forward to a long and fruitful cooperation.

“We welcome the emergence of new entrants into the ship finance landscape and are glad that this was a smooth and timely loan execution process.”

*About Globus Maritime Limited
*Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’s subsidiaries own and operate 5 vessels with a total carrying capacity of 300,571 DWT and a weighted average age of 10.6 years as of September 30, 2018.

*Safe Harbor Statement*
This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons specifically as described in the Company’s filings with the Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes in the reports it will file from time to time with the Securities and Exchange Commission after the date of this communication.

*For further information please contact:*
Globus Maritime Limited +30 210 960 8300
Athanasios Feidakis a.g.feidakis@globusmaritime.gr
Capital Link – New York +1 212 661 7566
Nicolas Bornozis globus@capitallink.com Reported by GlobeNewswire 18 hours ago.

EU Agrees To Ban Single-Use Plastics Starting In 2021

December 19, 2018, 2:10 pm

≫ Next: Scientists lobby Mexico president over endangered porpoise

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Watch VideoCome 2021, most plastics that can be thrown away after one use will be banned in the 28 countries that make up the European Union. The EU announced this agreement Wednesday in an effort "to protect the environment and reduce marine litter."

The future ban includes plastic cutlery, plates and straws. It also includes fast-food containers, take-out boxes and certain types of foam cups.

Minuscule particles and debris known as microplastics have polluted oceans and lakes. And for the first time, scientists found microplastics in human stool just a few months ago. While the impact on a person's health is unknown, it does suggest the debris is already in our food supply.

This comes one day after the EU reached an agreement for cutting vehicle carbon emissions. Both agreements are part of a larger initiative to reduce greenhouse gas emissions by 40 percent by 2030. Reported by Newsy 17 hours ago.

Scientists lobby Mexico president over endangered porpoise

December 19, 2018, 3:32 pm

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MEXICO CITY (AP) — A group of prominent scientists issued an appeal Wednesday to Mexico's new president, Andres Manuel Lopez Obrador, calling on him to take the unprecedented step of outlawing the possession of gill nets in the upper Gulf of California to save the critically endangered vaquita porpoise. The vaquita is the world's smallest and most endangered porpoise, and lives only in the Gulf, also known as the Sea of Cortez. Experts say as few as 15 of the marine mammals remain in the wild, and none have ever been held in captivity. The vaquita has been driven to the brink of extinction by gill nets set illegally to catch totoaba, a fish whose swim bladder commands astronomical prices and is considered a delicacy in China. Reported by SeattlePI.com 15 hours ago.