Witt develops ‘smart’ gas mixing system

first_imgGet instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270. Subscribelast_img

Messer successfully installs ASU column

first_imgGet instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270. Subscribelast_img

SRA seeks first lay chair

first_imgAdvertisements for the new chair of the Solicitors Regulation Authority appeared in national newspapers over the weekend. They are the first in which the regulator seeks a non-solicitor for the post, to replace Charles Plant (pictured) who is retiring.An advertisement in The Sunday Times says the chair will ‘play a critical role in determining the strategic direction of the SRA, ensuring it is well placed to deliver its regulatory responsibilities within a challenging regulatory and market context.’The salary is £90,000 for 100 days a year. According to the advertisement the successful candidate will be ‘politically astute, with a significant and successful track record of senior leadership, gained in the private or public sector, together with demonstrable experience of working with and influencing boards.’They will have ‘an understanding of public interest regulation, together with the ability to promote an effective market in legal services’. The appointment will be the first since super-regulator the Legal Services Board announced last month that it is amending governance rules to require lay chairs for all legal regulatory bodies. The SRA had opposed the change.last_img read more

Elia takes charge as FS reports successful year

first_imgItaly: RFI Chief Executive Michele Mario Elia has been nominated as the next Chief Executive of Ferrovie dello Stato Italiane, in succession to Mauro Moretti who was named head of the Finmeccanica group in April (RG 5.14 p68). The appointment was announced at the FS Group annual shareholders meeting in Roma on May 29, subject to ratification by the group’s board of directors.Professor Marcello Messori, Director of the School of European Political Economy at Luiss Guido Carli University in Roma, was appointed as the President of FS Group, and several existing directors were re-elected to the board, with the addition of Daniela Carosio and Simonetta Giordani.The meeting also approved the FS Group financial results for 2013, reporting a 20·7% increase in net profit to €460m. FS said it was the sixth consecutive year of positive results, with the increased profit attributable in part to a 1·2% increase in operating revenues to exceed €8·3bn for the first time. At the same time, operating costs fell slightly to €6·3bn. ‘The 2013 performance and the achievement of all the objectives of the 2011-15 Industrial Plan, despite the continuing national and international economic crisis, confirm the sound structural reorganisation process that the management has undertaken since 2007’, said FS, adding that ‘the stronger financial solidity of Ferrovie dello Stato Italiane’ provided a firm foundation on which to achieve ‘the yet more challenging’ objectives in the 2014-17 plan approved in February.last_img read more


first_imgAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to LinkedInLinkedInLinkedInPolice Scotland is warning the public to be on the alert for a potential bogus workman who called at a house in Langholm on Monday 11 July 2016.  At around 1600 hours the following described man called at the home of a lady in the High Street in the town asking to get entry in order to check both her gas and electricity meters.  The lady allowed entry to the man although was suspicious as her meters had only recently been checked.  The lady accompanied the man throughout his visit, and he noted numbers from the meters on a clipboard.  Further checks with the utility companies revealed that they had no-one in the area checking meters.The suspect is described as being male, white, about 5’6″ tall, in his early 50s, slim build, thinning mousey brown hair, weathered face and was wearing dark trousers and a blue polo shirt with a high visibility vest.  The man had some kind of lanyard around his neck.Constable Emma-Jayne Neylon at Langholm said “it always pays to check the identity of anyone who wants access to you home.  Genuine callers never get offended when asked for identification.  On this occasion it seems that this man was never left alone while in the house and perhaps his intentions were foiled.  We urge all householders to be extra careful in whom they allow access to.  Anyone who can help identify this man, or who may have had a similar experience should call us on 101.last_img read more

Niger seeks €1 bn from EU to fight illegal migration

first_imgNiger, a major transit country for Africans seeking to reach Europe, has told foreign ministers visiting from Europe that it needs € 1 billion to combat illegal migration.The International Organization for Migration projects that around 150,000 migrants, mostly coming from other West African countries, are expected to pass through Niger this year, crossing the Sahara Desert on their way to the Mediterranean coast.Niger borders Nigeria to the south and Libya to the North, two countries from which many migrants set off on the perilous journey to the European Union (EU) members Italy or Malta.“Niger needs a billion euros to fight against clandestine migration,” Foreign Minister Ibrahim Yacoubou told a news conference in Niger’s capital, flanked by his French and German counterparts Jean-Marc Ayrault and Frank-Walter Steinmeier.“We’ve solicited the help of the European Union, France and Germany. We want to protect legal migration against clandestine migration,” Yacoubou said.The EU faces its worst migration crisis since World War II, with huge numbers of refugees fleeing war in Syria, Iraq and Afghanistan, and no let-up in arrivals from Africa.last_img read more

DRC government says troops were acting in self-defense

first_imgThe Democratic Republic of Congo says it has opened an inquiry into the killing of Burundian refugees by soldiers, in the east of the country.Security forces killed more than 30 refugees, protesting plans to repatriate them in Kamanyola. The government spokesperson Lambert Mende maintains those killed belonged to an armed group.CGTN’s Chris Ocamringa has more:last_img

LIAT flight attendant faces cocaine, cannabis charges in Barbados

first_imgCaribbean 360 A LIAT flight attendant who police said had five kilos of cocaine in her handbag when she arrived in Barbados and a small quantity of cannabis in the apartment where she was staying, has been slapped with five charges.Deann Pat Portia Plummer, 33, will appear in court tomorrow.Police say the St. Lucian national arrived at the Grantley Adams International Airport on Tuesday and was interviewed by Drug Squad personnel. She was referred to Customs and a search uncovered the five kilogrammes (11 pounds) of cocaine in her bag.A search warrant was subsequently executed at her apartment and 1.3 grammes of cannabis found.Plummer will answer charges of possession, intent to supply, trafficking and importation of cocaine, and possession of cannabis. She is not the first LIAT employee to be held with drugs at Barbados’ airport. In November 2011, pilot Keith Richard Otway Allen was caught trying to bring 65 pounds of cannabis into the island.The Vincentian, who was wearing his uniform at the time but was not on duty, was fined BDS$250,000 (US$125,000) which he paid in late January 2012. Share Sharing is caring! Share Tweetcenter_img NewsRegionalTravel LIAT flight attendant faces cocaine, cannabis charges in Barbados by: Caribbean 360 – April 28, 2016 Share 325 Views   no discussionslast_img read more

New asset backed debt facility for Harland and Wolff

first_imgSea News, February 10 In addition, the Company is pleased to announce the restructuring of the sum of £555,555.58 that remains outstanding, and was drawn down as the second tranche, of the £2.2 million loan facility with Riverfort Global Opportunities PCC Limited and YA II PN Limited (the “Investors”) (the “Loan”). Details of this second drawdown under the Loan were announced on 14 November 2019. Under the restructuring, the Company will no longer be required to make a bullet repayment of £555,555.58 on 14 February 2020. Instead, a sum of £55,555.58 of the principal plus fees and accrued interest to date of, in aggregate, £110,624.98 will be paid to the Investors immediately, and the remaining £500,000 of principal (“Remaining Loan”) will be amortised over a period of 10 months commencing 31 March 2020 and ending on 31 December 2020. The amortised payment schedule will carry an interest rate of 12% per annum from 14 February 2020, payable monthly in arrears. The Remaining Loan is not convertible into shares, save in the event of default. Under the terms of the Facility, Harland will drawdown the sum of £2 million immediately and the proceeds will be utilised for working capital purposes. The Facility is for a term of 24 months with the principal amount repayable as a bullet payment at the end of 24 months from the date of first drawdown. The Facility carries a coupon of 13.2% per annum, payable in equal monthly instalments in arrears. The Lender of the Facility has a first charge over all the assets of Harland. At the end of the 24-month tenure of the Facility, there will be an exit fee of 4% payable to the lender. Belfast-based Whiterock Capital Partners LLP advised Harland on the structuring of this Facility. InfraStrata (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset life-cycle management, is pleased to announce that its subsidiary, Harland and Wolff (Belfast) Limited (“Harland”), has secured a £2 million asset backed term debt facility. Author: Baibhav Mishra John Wood, Interim Chairman and CEO of InfraStrata, said: center_img Save for the above, all other terms of the Loan remain the same. (Image Courtesy: Harland and Wolff) Further, the final exercise dates for warrants issued to the Investors pursuant to the terms of the Loan, as announced on 1 October 2019 and 14 November 2019, have been extended to 1 October 2023 and 14 November 2023 respectively. “We are pleased to have now put in place a debt facility for Harland and restructured the second tranche of the loan facility that we drew down in order to fund part of the costs of the Harland acquisition. The introduction of this asset-backed debt facility validates our thesis of leveraging physical assets and creating cashflow sources. This has been possible due to the acquisition of Harland’s physical assets, something that we would not have been able to achieve with the Company’s portfolio of intangible assets.”last_img read more