Bowling for values

first_imgDoes vandalism have a place in public protest? Can one be a fan of a book but disagree with the author’s personal views? Should Civil War reenactments be regulated by the government?For the members of the Harvard Undergraduate Ethics Bowl, a new student club devoted to analyzing and debating ethical issues, going deep on big questions is about more than winning an argument.“Ethics Bowl is a really unique opportunity to reflect on your personal value system. It’s not just about arguing an arbitrary side of a debate,” said Jillian Sharples ’21, founder and president of the group. “You actually have to decide: What do I think? Should I believe this? And how can I justify this?”Unlike traditional college debates, where speed and the ability to argue both sides of an issue are advantages, Ethics Bowl competitions involve a back-and-forth between teams and with their judges, where each can ask questions and respond. It’s a slower, more measured process that rewards collaboration and civility. The Association for Practical and Professional Ethics (APPE), which administers the annual Intercollegiate Ethics Bowl (IEB), rates competitors on “intelligibility, focus on ethically relevant considerations, avoidance of ethical irrelevance, and deliberative thoughtfulness.”When Sharples, a social studies concentrator from Berwyn, Penn., founded Harvard’s chapter of Ethics Bowl last spring, she had been looking for three years for a community space where people from all backgrounds could come together to discuss issues without the argumentative foundations of traditional debate. Sharples had competed in Ethics Bowl in high school, and decided to form a group on campus.,“The types of discourses that students primarily engage in are more aligned with the argumentative methods rather than collaborative discussions,” she said. “[Ethics] helped me develop an intellectual humility and understanding of the validity of other people’s perspectives. I think it’s really important to be able to [acknowledge] that we think differently, but I’m willing to respect you, and I’m willing to try to understand your point of view.”Sharples knew it wouldn’t be easy to recruit new members and train them for high-level competition during a regular year, but she certainly didn’t expect Ethics Bowl’s first full year as a club to overlap with a pandemic and all-remote fall semester. Despite the upheaval and uncertainty, 12 members have joined from Massachusetts, Texas, and New Zealand, and seven will participate in their first official competition next month, the IEB regionals, where they will compete on 15 cases.In the process, said Sharples, the competitive ethicists are building a community based on a shared commitment to understanding and learning from one another.“With the unpredictable nature of this semester, we’re encountering a lot of the issues that other student organizations are encountering” around community-building, said Sharples, who shared a house with friends in Falmouth, Mass., this semester. “I am really proud of everybody on our team, because we’re doing a good job despite the circumstances.”“In Zoom classes, or even in other clubs, there isn’t a ton of interaction with other students. Ethics Bowl has been a great way to really connect with my peers,” said Katie Sierra ’23, an integrative and evolutionary biology concentrator and incoming president of the group. “We don’t just discuss ethics cases; we have socials and it’s a great community. It’s also not an exclusive group with a [difficult] comp process [of club tryout or audition]. Because we’re relatively new, we are open to ideas and bringing new things to the table.”To prepare for competition, the team breaks up into groups of three or four members to focus on a specific case. Each group creates a structured template to lay out facts, priorities, and blind spots relevant to each question. Then, they work through all permutations of a problem and all possible challenges to their ethical framework.The APPE Intercollegiate Ethics Bowl matches are all remote in 2020-21, which allowed for other digital opportunities. In a normal year, the Harvard team might hone their skills through scrimmages with other local teams. With everyone practicing remotely, Sharples organized scrimmages with West Point and Stanford, exposing both teams to opponents they may not have met under normal circumstances. The teams are judged on strength of argument, clarity, thoughtfulness, and relevance.Motivating others to live in accordance with their ethics is a well-traveled path for Sharples, who entered Harvard as a Reserve Officers’ Training Corps (ROTC) cadet. Last spring, she led 80 cadets as cadet command sergeant major at the Paul Revere Battalion (housed at MIT), tracking accountability and maintaining physical fitness standards and esprit de corps among the group. This semester she is working on staff at the battalion before assuming the role of operations officer in the spring.During the pandemic, Sharples has kept up with her ROTC commitments, taking required military science courses online at MIT and participating in virtual physical training workouts with fellow cadets at Harvard and other colleges in the Boston area. It’s another area of her life where community and collaboration are vital to her success.Her experiences as a cadet were also foundational to developing her social studies focus area, “Women at War: Fighting for Citizenship,” and her senior thesis topic, a theoretical relationship between military service and citizenship. Studying the military through the lens of history, philosophy, and economics “allowed me to have a different lens on the world at large and see the broader systems in place” in such institutions, she said.“ROTC aligned with my personal values of protecting my country and believing what it stands for, and over time, it’s become more about the people that I’ve met within ROTC and in the military at large,” she said. “I want to be there for them, and I’m inspired by [their] dedication. That keeps me motivated.”last_img read more

University receives record amount of research funding

first_imgIn the 2014 fiscal year, the University of Notre Dame received $113 million in research awards, an increase of $17 million from last year and the highest recorded amount ever in a non-stimulus year.Robert Bernhard, vice president for research, said contracts came from government agencies, various companies and foundations.“The National Science Foundation (NSF) is our largest sponsor,” he said. “The National Institute of Health (NIH) is generally our second-largest sponsor, but this year, their funding is reduced nationally.“We are also funded by the Department of Energy and the Department of Defense. We have funding from corporations, the two largest are General Electric and a consortium of companies in the semiconductor business that includes IBM and Intel. … The biggest foundation sponsors are the Gates Foundation, two different Templeton Foundations, the Lilly Endowment and the Mellon Foundation.”Bernhard said anywhere between one-in-three and only one-in-15 proposals pass peer reviews and evaluations to receive funding. He said he credits Notre Dame’s immense success in such a competitive environment to the skill and determination of its faculty.“It all comes down to the creativity and hard work of the faculty members,” he said. “They have to understand what the sponsors are looking for. They have to be the best in their field, and then they have to write a very well-crafted proposal.”Director of the Energy Frontier Research Center Peter Burns, who is receiving money from the Department of Energy for actinide research, said the increased resources came with increased responsibilities.“I’m trundling along working as a research professor with only a few students,” he said. “Now the money comes in, and now I’m trundling along directing in a multi-investigative center focusing on energy-related problems and then my own group gets larger with 13 Ph.D. students, about six or seven post-docs, eight undergrads, six high school students and three staff. So it’s much bigger and the productivity goes up, and the amount of people we educate goes way up.”Professor of political science Daniel Philpott, who is receiving funding from the Templeton Religion Trust to study Christian communities’ responses to persecution around the world, said these projects have the ability to help Notre Dame realize its identity.“I think that a lot of the most important things a Catholic university can do in order to achieve its Catholic mission is to be in solidarity with Christian communities that are suffering from persecution,” he said. “This grant can help Notre Dame fulfill its fundamental Catholic mission.”Professor of aerospace and mechanical engineering Samuel Paolucci is currently receiving funding from the National Nuclear Security Agency (NNSA) for his work in predictive modeling of shock conditions for material synthesis. Paolucci said the two to five years of work leading to a proposal presentation is an often overlooked part of the submission process, but the payoff of one successful proposal transcends the accrued funding and knowledge.“[The NNSA] isn’t just interested in the funding, but they’re also interested in pushing the frontier of computational science and frontiers of science,” he said. “They’re also trying to involve more Americans in graduate studies and getting Ph.D.’s because that enhances the ability of this country to hire and put the best minds we have to work on the problems we have.” Tags: Department of Energy, funding, NIH, NNSA, NSF, Peter Burns, research awardslast_img read more

Top Prize-Winning Take 5 Ticket Sold In Dunkirk

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) DUNKIRK — Someone who recently visited Matt’s News in Dunkirk could become $27,646 richer.The New York Lottery says a top prize-winning Take 5 ticket was sold at the Chautauqua County store.Another ticket, valued at the same amount, was also sold in the Bronx.The winning numbers for the October 4 drawing are 2-7-14-18-25. Drawings take place every night at 11:21 p.m. and winning tickets may be cashed within one year of the drawing.last_img read more

Mount Snow opened Saturday

first_imgWest Dover, VT (December 10, 2011) Mount Snow Resort,Mount Snow, in West Dover, Vermont, kicked off the 2011/2012 winter ski season on Saturday, December 10, with festivities surrounding the Grand Opening of North America’s only high speed detachable six passenger bubble lift, the Bluebird Express.  The celebration included a ribbon cutting ceremony, champagne spray, lift line party and the entire enthusiastic crowd reciting the Bluebird Oath.The technologically advanced lift cost $8.5 million to install and is now the primary lift from base to summit at Mount Snow carrying passengers to the 3,600-foot summit in just over seven minutes; half the ride time of the fixed grip triple chair it replaced.Link to video coverage of today’s Grand Opening festivities. is external)  last_img read more

Pennsylvania COVID-19 Early Warning Monitoring Dashboard Update for Sept. 11-17

first_imgPennsylvania COVID-19 Early Warning Monitoring Dashboard Update for Sept. 11-17 Press Release,  Public Health Governor Tom Wolf and Secretary of Health Dr. Rachel Levine today released a weekly status update detailing the state’s mitigation efforts based on the COVID-19 Early Warning Monitoring System Dashboard. Updates are released each Monday.The update includes the following:Level of community transmission as a basis for the recommendations for Pre-K to 12 schools to determine instructional models.Data on cases among 5-18-year-olds.Cases that reported visiting a business among potential locations where exposures may have occurred.Updated travel recommendations.The dashboard is designed to provide early warning signs of factors that affect the state’s mitigation efforts. The data available on the early warning monitoring dashboard includes week-over-week case differences, incidence rates, test percent-positivity, and rates of hospitalizations, ventilations and emergency room visits tied to COVID-19. This week’s update compares the period of September 11 – September 17 to the previous seven days, September 4 – September 10.“Our percent positivity decreased significantly this week, showing that we continue to offer COVID-19 testing across the state to everyone who needs it,” Gov. Wolf said. “At the same time, the incidence rate increased, showing that the virus continues to affect Pennsylvanians. We must continue our focus on taking actions to protect ourselves and others, such as wearing a mask, practicing social distancing, washing our hands and avoiding large gatherings. Together, Pennsylvanians can be united to work to prevent the spread of the virus.”As of Thursday, September 17, the state has seen a seven-day case increase of 5,519; the previous seven-day increase was 4.993, indicating a 526-case increase across the state over the past week.The statewide percent-positivity went down to 3.8% from 4.2% last week. Counties with concerning percent-positivity include Centre (12.1%), Indiana (11.6%), York (7.8%), Juniata (7.7%), Mercer (6.7%), Lebanon (6.1%), Berks (6.0%), Chester (5.5%), Crawford (5.5%), and Bedford (5.3%). Each of these counties bears watching as the state continues to monitor all available data.Community TransmissionAs of Friday’s data, Centre and Indiana counties were in the substantial level with known sources of outbreaks contributing to community transmission. The departments of Education and Health will speak with school district representatives in both counties to discuss the implications of this level of transmission.For the week ending September 17, 19 counties were in the low level of transmission, 46 counties in the moderate level, with two with substantial transmission:Low –Cameron, Carbon, Clarion, Elk, Forest, Fulton, Greene, Huntingdon, Jefferson, McKean, Montour, Potter, Somerset, Sullivan, Susquehanna, Tioga, Venango, Warren, WyomingModerate – Adams, Allegheny, Armstrong, Beaver, Bedford, Berks, Blair, Bradford, Bucks, Butler, Cambria, Chester, Clearfield, Clinton, Columbia, Crawford, Cumberland, Dauphin, Delaware, Erie, Fayette, Franklin, Juniata, Lackawanna, Lancaster, Lawrence, Lebanon, Lehigh, Luzerne, Lycoming, Mercer, Mifflin, Monroe, Montgomery, Northampton, Northumberland, Perry, Philadelphia, Pike, Schuylkill, Snyder, Union, Washington, Wayne, Westmoreland, YorkSubstantial – Centre, IndianaCases Among 5-18-Year-OldsThe Department of Health is providing weekly data on the number of statewide cases of COVID-19 among 5 to 18-year-olds.Throughout the pandemic, there have been 8,928 total cases of COVID-19 among 5 to 18-year-olds. Of that total, 753 occurred between September 11 – September 17. For the week of September 4 – September 10, there were 387 cases of COVID-19 among 5 to 18-year-olds.Cases by demographic group is available on the DOH website.Business VisitsThe Department of Health is providing weekly data on the number of individuals who responded to case investigators that they spent time at business establishments (restaurants, bars, gym/fitness centers, salon/barbershops) and at mass gatherings 14 days prior to the onset of COVID-19 symptoms.Of the 5,188 confirmed cases reported between September 6 and September 12, 38 percent (1,992) provided an answer to the question as to whether they spent time at a business establishment.Of those who did provide an answer, 14 percent, or 272, answered yes, they visited a business establishment 14 days prior to onset of symptoms:50 percent (136) of those who said yes reported going to a restaurant;21 percent (57) of those who said yes reported going to some other business establishment;15 percent (40) of those who said yes reported going to a gym/fitness center;13 percent (36) of those who said yes reported going to a bar; and8 percent (23) of those who said yes reported going to a salon/barbershop.Of the 5,188 confirmed cases, 39 percent (2,007) answered the question as to whether they attended a mass gathering or other large event. Of the 38 percent, close to 12 percent (232) answered yes to whether they attended a mass gathering or other large event 14 days prior to onset of symptoms.Compared to data reported on September 14, this week’s data saw an increase in people going to a gym/fitness center (15 percent vs. 14 percent). Numbers went down for this week’s data for people who reported going to some other business (21 percent vs. 23 percent), going to a restaurant (50 percent vs. 51.5 percent), and going to a bar (13 percent vs. 14 percent). Numbers stayed the same for those who reported going to a salon or barbershop (8 percent vs. 8 percent. The number of those who attended a mass gathering or other large event went down slightly from 12 percent to close to 12 percent.On July 13 contact tracers began asking more specific questions on the types of businesses visited and if individuals attended a mass gathering, defined as more than 250 people in attendance outdoors or more than 25 indoors.The numbers above highlight business settings and mass gatherings as possible sites for transmission. With less than half of those asked about what types of businesses they visited or if they attended a mass gathering responding to the question, the department is reminding Pennsylvanians that it is essential that people answer the phone when case investigators call and to provide full and complete information to these clinical professionals.Travel RecommendationsAlso today, the Department of Health updated its travel recommendations, originally announced on July 2, to add Nebraska and Wisconsin and remove Nevada from the list of states recommended for domestic travelers returning from to quarantine for 14 days upon return to Pennsylvania.It is important that people understand that this recommendation is in place to prevent the spread of COVID-19 in Pennsylvania. A concerning number of recent cases have been linked to travel, and if people are going to travel, we need them to take steps to protect themselves, their loved ones and their community, and that involves quarantining.Gov. Wolf continues to prioritize the health and safety of all Pennsylvanians through the COVID-19 pandemic. Pennsylvanians should continue to take actions to prevent the spread of COVID-19, regardless of in what county they live. This includes wearing a mask or face covering anytime they are in public. COVID-19 has been shown to spread easily in the air and contagious carriers can be asymptomatic. September 21, 2020center_img SHARE Email Facebook Twitterlast_img read more

Norway’s KLP says Dakota pipeline firms ‘did not breach ESG rules’

first_imgKLP has NOK423m invested in firms involved in the project: Phillips 66, Enbridge, Energy Transfer Partners, and Marathon Petroleum. Campaigners against the pipeline have argued that its current route will be damaging to wildlife and will run through a Native American territory.KLP said the reason it had a practice of proven and public justifications for exclusion was to have as big as possible an effect on companies and make sure its process was always credible and thorough.Bergan added: “Our policy on the exclusion of companies from investments has a high threshold and level of severity for excluding a company.”Meanwhile, Storebrand, which sells pensions, life insurance and savings products in Norway and Sweden, said it would exit positions in Marathon Petroleum, Enbridge, and Phillips 66.Matthew Smith, head of sustainable investments at Storebrand, said: “We have come to the conclusion that active ownership is not going to deliver a better outcome, and after an overall assessment of the situation, we have decided to sell these positions.”The company said there was too much uncertainty for it as an investor as to whether there had been a good process that ensured the rights of all parties in the conflict.Smith said: “Generally, it is our belief that we can have a more positive effect on companies and situations by using our position as an owner to affect change.”The firm had done this successfully many times, but it did not always work, he added.Storebrand said it had been in direct contact with the companies, and had worked with international groups of investors.“Our most recent initiative is an investor letter, representing 137 investors with $653 billion assets under management, that encourages involved banks that have lent money to the project to use their position and influence to engender positive change and a reconsideration the routing of the pipeline,” Smith said.Smith added that the company hoped its divestment would give a final signal to the companies involved in the pipeline to think again about the pipeline’s routing.Last month, Nordic banking and investment group Nordea announced it had decided to divest from companies behind the pipeline project.The London Pension Fund Authority was criticised last month for holdings in companies linked to the Dakota pipeline, but is in the process of selling these as part of an unrelated change of fund manager. Norwegian pension fund Kommunal Landspensjonskasse (KLP) will not divest its shareholdings of companies behind the controversial Dakota Access Pipeline project in the US.In December, KLP – which covers staff at the country’s municipalities – sent its in-house adviser on responsible investments Annie Bersagel to North Dakota to assess the situation on the ground.Jeanett Bergan, head of responsible investment at KLP, said the fund had to be able to document serious or systematic violations of environmental or human rights in order to remove a firm from its portfolio. In the case of the companies behind the US oil pipeline construction, the pension fund had been unable to find such evidence.“Companies involved could clearly have handled indigenous rights in a better way, but it is difficult for us to see that matter as sufficiently grave or systematic,” Bergan said.last_img read more

Gold Coast mansion sells at half price

first_imgThis waterfront mansion at 18-20 The Sovereign Mile, Sovereign Islands, has changed hands after almost four years on the market.AFTER sitting on the market for almost four years, a Sovereign Islands mansion has sold. The six-bedroom house, which has a basement garage that can park up to 20 cars, is well-known on the Glitter Strip thanks to two lion statues that guard the gates. The waterfront property at 18-20 The Sovereign Mile sold earlier this week for $3.5 million, according to CoreLogic. A local family secured the keys.The property sold for $4.45 million less than the vendor’s initial price hopes from 2015. Property records show it last changed hands in 2014 for $3.9 million and has most recently been rented out for $3000 a week. The luxury, three-level mansion features a media room, home office, gymnasium, games room, resort-style pool and a sunken waterside lounge with a wet bar and fridge.It sits on a 1501sq m block with 27m of water frontage. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 The property sold for $3.5 million.It first hit the market in November 2015 with a whopping $7.95 million price tag which was slashed over time. It was most recently listed at $4.29 million. At least five different agencies tried their hand at selling the house.Professionals Vertullo agent Chris Moyer managed to ink the deal. MORE NEWS: Parents hope $5 lottery gets kids into property market MORE NEWS: This apartment probably earns more than you “It was on the market for about four years with other agents in my area before I picked it up and sold it within 60 days,” he said. More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“It’s an iconic property, known as the house with the lions out the front of it. “The buyer was a local family, my understanding is they are going to renovate and possibly live in it.” Mr Moyer said the market in the area had felt the winter chill but was expected to heat up again soon. “It’s steady but a little bit quieter in winter,” he said. “ It always starts to take off again in August.” It initially hit the market in 2015 with a $7.95 million price tag.last_img read more

These ultimate lifestyle properties pay their own mortgage

first_img Owning a home still the great Aussie dream The acreage property cover 9.36 hectares. It’s on the market for $939,000.“Blend business and home life with a working olive grove, plus a spacious homestead ready for its new owners. Downstairs is home to a bedroom and a living space that is currently rented on AirBnb, generating an additional income for the property.”The established olive grove has loads of shed space and equipment, and even has a sectioned parcel of land “suitable for grazing goats, alpacas, sheep, possibly deer”. There are 560 olive trees of two varieties — Frantoio and Picholine, an olive press shed with press and machinery as well as two stainless steel tanks. The AirBnB has a separate entrance and is currently active at $95 a night.There’s also a chook shed and apparently you can see “at least 65 species of birds from the back steps”. FOLLOW SOPHIE FOSTER ON FACEBOOK Fancy an olive grove? 3360 Mary Valley Road, Imbil, has its own coffee shop and restaurant. The homestead has four bedrooms, two bathrooms, and a double car park.More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoAs if that’s not enough, “the current owners also manufacture their bespoke spice and chilli sauces and chutneys on-site within a fully fitted commercial grade kitchen with significant capacity”.“The income from this on-site business has the potential to both pay your mortgage and set you up for life,” was how they marketed it.Parking is “caravan friendly” catering for travellers on expeditions around Queensland, with disability access and there’s even scope for more to be done on site including “craft brewing or perhaps the country wedding market”.The property sits over five acres and as reverse cycle airconditioning, 80,000 litre water storage, filtered drinking water and a Reed filtered enviro waste water system.The owners are looking for offers over $875,000 for the dream lifestyle property. The owners are looking for offers over $875,000.This property which has a four bedroom, two bedroom, double car park property, has a cafe called “The “Packing Shed”.It trades Friday to Sunday — by choice — with scope for growth if wanted, according to agents Kess Prior and Graham Smith of real estate agency Hinternoosa Cooroy.“The business also is registered for Agri Tourism — a proliferating farm gate industry that is reigniting regional areas to the benefits of lifestyle and experiential tourists,” was how they described the property at 3360 Mary Valley Road, Imbil. Big wins forecast for Queensland MORE: Live on the edge of a volcano The property has a commercial kitchen. The property is at 39 McLeod Road, Mapleton.If the thought of an Italian summer floats your boat, another hot earner at 39 McLeod Road, Mapleton, comes with its own hobby olive grove and olive press.The four bedroom, two bathroom, four car park property spans a massive 9.36 hectares and is on the market for $939,000.Maleny agent Blake Gierke of Maleny and Hinterland Real Estate called it a classic farm home. Properties like this one 3360 Mary Valley Road, Imbil, have their own side hustles going that pay the bills.These ultimate lifestyle homes don’t just have pretty faces and breathtaking views, they also have side hustles going that pay the mortgage.Listings results on show two striking properties in Queensland offering the ultimate financial drawcards — an income stream that can pay the mortgage for you.You never have to leave the cafe in Mary Valley, located about 40 minutes from Noosa in the hinterland. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58last_img read more

VDR: 81 Pct of German Shipping Companies to Use LSFO

first_imgThe vast majority of ships in the German fleet will run on the new low sulphur fuel oil (LSFO) from January 1, a new survey found.This is one of the findings of the survey conducted by the German Shipowners’ Association (VDR) among its member companies.As explained, although the data obtained through the survey does not represent the German shipping industry as a whole, it includes shipping companies from every sector of the country’s shipping industry.The survey was conducted against the backdrop of one of the biggest changes occurring in the shipping sector – the International Maritime Organization (IMO) 2020 sulphur cap. There are essentially three options available to shipping companies during the changeover.According to the survey, 81 percent of the companies surveyed will be using LSFO with a sulphur content of 0.5 percent in the future.On the other hand, 11 percent will continue to use heavy fuel oil (HFO). This is permitted under the IMO rules, provided that scrubbers are installed on vessels.Additionally, 6 percent of respondents indicated that they will be using other fuels, such as those prescribed already since 2015 for Emission Control Areas in the North Sea and the Baltic Sea – fuels with an even lower sulphur content of 0.1 percent.What is more, 2 percent of ships in the German fleet will be powered by LNG after 2020, according to the survey.“Germany’s maritime industry has carefully prepared for this enormous change. It ushers in a new era in maritime shipping, signalling the end of heavy fuel oil. We support this change and are implementing it – and in doing so, we are making an impressive contribution to long-term environmental protection,” Ralf Nagel, CEO of the VDR, commented.Specifically, the greatest challenge looming as part of the changeover according to the companies surveyed will be technical problems encountered during operations in the future, as well as the cost of the new fuel, and the issue of cost compensation by third parties, in particular customers. German shipping companies are also concerned about the question of availability.“There are many who fear that the new fuels could cause technical problems during operation – problems that could also have financial consequences,” Nagel added. “We, therefore, call on all stakeholders to be as committed and flexible as possible in preparing for the changeover, to ensure that it will become a success story.”According to the survey, the one-off investment expenditure for companies in the lead-up to the changeover averaged EUR 7.5 million (USD 8.3 million) per shipping company.“Considering that more than two thirds of the shipping companies in Germany are medium-sized and operate fewer than ten ships, we realise just how great the financial effort was that the individual companies had to make in preparing for the changeover,” he explained.Moreover, the additional annual costs now facing companies would make IMO2020 probably the most elaborate regulatory measure ever implemented by the shipping industry.“Companies are particularly concerned about the fact that they will have to bear considerable additional costs in their ongoing operations in the future, and that possible compensation for these added costs by third parties, in particular customers, may not work as envisaged.”“Of enormous importance for us is the fact that this is a worldwide regulation … This demonstrates that the IMO is a body that is capable of taking effective action to regulate shipping worldwide. The IMO should therefore play the key role when it comes to climate protection as well. In contrast, separate regional solutions, for example in the EU, should be avoided. Their effect would be to distort competition, and ultimately they would not have a sustainable impact on the climate,” VDR CEO further said.With regard to the new sulphur regulation, the VDR called for effective controls by the respective port states.“We will be relying on worldwide controls to monitor the implementation of the new regulation, so that no one can gain a prohibited competitive advantage. At the same time, however, we are confident that the flag states and also the customers of the shipping companies have a great interest in ensuring that the new rules are actually complied with,” Nagel concluded.last_img read more

Four bills to be presented in Parliament today

first_img Share Attorney General Levi PeterThe Attorney General of Dominica Levi Peter has indicated that four new bills will be presented to Parliament at the Second Meeting of the Second Session of the Eighth Parliament today.Mr Peter who addressed the media at Cabinet’s press conference at the construction site of the new Dominica State College grounds said that since the 9/11 disaster in New York the financial action taskforce has introduced regulations in an effort to monitor any acts of money laundering and terrorism.“Since the atrocity for want of a better term in New York commonly referred to as 9/11, since that time the international financial systems has been significantly enhanced and indeed it has become quite difficult and indeed in many respects quite an onerous task has been placed upon the various countries of the world in particular small states like ours find compliance with the demands of the international bodies a significant challenge”.Mr Peter explained that four bills which will be presented to Parliament “the money laundering prevention bill of 2011, suppression of financing of terrorism amendment bill, the financial intelligence unit bill and the financial services unit amendment bill”.“The money laundering prevention bill as it suggests is primarily focused on addressing money laundering in its various forms and aspects. This bill will review the existing act which is in effect because there are extensive amendments and rather amend a new replacement bill is presented and will hopefully pass successfully through Parliament and become the new act.”The suppression of financing terrorism bill 2011, Mr Peter noted is intended to “address the deficiencies in the existing legislation so as to make it even more difficult for the financing of terrorism from our shores”. According to the Attorney General because we are parties to some of these international organizations we are not exempt from these regulations although we are smaller countries.“When the international bodies set up their rules that although we are parties to some of these organizations, essentially the major players are the larger countries and to a large extent the rules do not generally make exemptions or exclusions for smaller states like ours”.He further stated that it may be justifiable that no exemptions are made for smaller countries as “the primary objectives as regards financial regulation is to close the loopholes that are exploited by those who seek by inappropriate and unlawful, illegal means to enrich themselves and also to finance illegal activity, obvious example being terrorism and another being crime”. Dominica Vibes News Sharing is caring! Share 5 Views   no discussionscenter_img Share Tweet LocalNews Four bills to be presented in Parliament today by: – October 25, 2011last_img read more