“We remained flat in the periods that have passed recently because of the devastating rains, but we have a lot to be hopeful about,” he said. Chief Technical Director, Ministry of Industry, Commerce, Agriculture and Fisheries, Courtney Cole, is calling on farmers and agricultural investors to engage in more climate change mitigation plans, in an effort to protect their investments. Story Highlights Mr. Cole said due to climate change, Jamaica has been experiencing inconsistent weather patterns, which have affected crops across the island in the last 12 months, thereby impacting the nation’s gross domestic product (GDP). Chief Technical Director, Ministry of Industry, Commerce, Agriculture and Fisheries, Courtney Cole, is calling on farmers and agricultural investors to engage in more climate change mitigation plans, in an effort to protect their investments.Mr. Cole said due to climate change, Jamaica has been experiencing inconsistent weather patterns, which have affected crops across the island in the last 12 months, thereby impacting the nation’s gross domestic product (GDP).Addressing a Jamaica Promotions Corporation (JAMPRO) Agricultural Information Forum on March 13 at the Terra Nova All-Suite Hotel in St. Andrew, Mr. Cole pointed out that the sector, in 2016, contributed 7.3 per cent to the GDP, and that was 1.3 per cent over the year before.“We remained flat in the periods that have passed recently because of the devastating rains, but we have a lot to be hopeful about,” he said.“What we have is a situation where we’re operating on something looking like a pendulum or a continuum, where on one side you have extreme drought conditions, and then on the other we have extreme precipitation and flooding. It seems like that has become the new norm,” he added.Mr. Cole said that the seasonal patterns that could have been predicted years ago have now changed due to climate change, and, as such, farmers and investors need to invest more in mitigation plans to prepare for the unexpected.“We have to find ways of mitigating the drought situation by harvesting more of that water that floods us out. We must have mechanisms in place that will capture that water, so that we have it when the drought situation comes around again,” he suggested.Mr. Cole said the Government, through the Ministry of Industry, Commerce, Agriculture and Fisheries, has been making efforts to prevent the devastating impact that climate change can bring to the economy.“The Ministry, through RADA and other affiliated entities, has been engaging our farmers and training them,” he noted.JAMPRO hosted the forum with the aim of increasing local and international investment in the agricultural sector to support Jamaica’s economic growth programme and empower local farmers.It was used as a platform to highlight agriculture as an important business opportunity in Jamaica and to emphasise the Government’s commitment to supporting the growth of the sector.Some of the issues addressed were financing options for agricultural activities; traditional and non-traditional crop opportunities; land availability and suitability issues; marketing of agricultural products locally and overseas; and Government initiatives and programmes to support agriculture, such as agro parks and the Rural Agricultural Development Authority (RADA) support to farmers.
zoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Greece-based bulker owner Diana Shipping has agreed to extend the present time charter contract with Cargill International for one of its Post-Panamax dry bulk vessels, the m/v Polymnia.As informed, the gross charter rate is USD 16,000 per day for a period of minimum fourteen to maximum seventeen months.The new charter period for the 98,704 dwt ship is expected to commence on July 8, 2018.The Post-Panamax vessel is currently chartered to Cargill at a gross charter rate of USD 10,100 per day.The employment extension of the 2012-built Polymnia is anticipated to generate approximately USD 6.72 million of gross revenue for the minimum scheduled period of the time charter extension, Diana Shipping said.Diana Shipping’s fleet currently consists of 50 dry bulk vessels. As of today, the combined carrying capacity of the company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.86 years.
zoomIllustration. Image Courtesy: Pexels under CC0 Creative Commons license The Saudi Arabia-flagged chemical tanker NCC Sama has collided with a Taiwanese frigate in the port of Keelung.According to The Central News Agency (CNA), the tanker was entering the port in the early morning hours on March 9 when the incident occurred.The 45,471 dwt vessel allegedly hit the Ning Yang (FF-938) Knox Class frigate in the middle of its port side. At the time, the tanker was arriving to Keelung from the Taiwanese Port of Taichung.According to AIS data provided by Marine Traffic, the unit is currently moored in Keelung.There were no reports of water pollution nor injuries following the incident.Taiwan’s Ministry of National Defense was cited as saying that it would seek compensation for the damage to the frigate.World Maritime News Staff
Middlesbrough have announced the shock signing of ex-Chelsea star John Obi Mikel on a short-term dealThe Nigeria captain, who featured at last summer’s World Cup in Russia, previously spent 11 years at Chelsea in the Premier League before leaving for Chinese club Tianjin TEDA in a free transfer in January 2017.But Mikel had been keen to return to England with his girlfriend, Olga Diyachenko, and their twin daughters still living in London.This had allegedly captured the interest of Crystal Palace along with a number of Championship clubs.But in the end, two-time Premier League winner Mikel has agreed to a shock move down at Championship promotion hopefuls Middlesbrough.Tony Pulis’ side are currently fifth in the standings and, crucially, in a playoff spot and Boro will now hope Mikel will be able to aid them in their bid for a return to the Premier League after nearly 10 years away from the English top-flight division.“I’m pleased to get him in. He is a man with a lot of experience and quality,” Pulis told the club website.“He has a winning mentality and he wants to be here be a part of what we are looking to achieve.”Boro have also signed Rajiv van La Parra from Huddersfield earlier in the month in a season-long loan deal.Chelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.Mikel managed six goals and 13 assists in 372 appearances for Chelsea across all competitions during his 11-year stay at Stamford Bridge.The Nigerian midfielder won two Premier League titles for the club along with three FA Cups, an EFL Cup, Community Shield, Champions League and the Europa League.Now Mikel will be hoping to make his mark at the Riverside Stadium after making only 31 appearances in the Chinese Super League for Tianjin TEDA, which also saw him claim three goals and three assists.The 31-year-old could make his debut for Boro in Saturday’s FA Cup fourth-round match against Newport County.🏆🏆🏆🏆🏆🏆🏆🏆🏆🏆Pretty much says it all 👊Facts and photos from @mikel_john_obi’s career so far ➡️ https://t.co/9vIdr7gYoB #UTB pic.twitter.com/JTOOJ2bAKJ— Middlesbrough FC (@Boro) January 24, 2019
FTC vs. Qualcomm: Why you should care Share your voice Qualcomm is the world’s biggest provider of mobile chips, and it created technology that’s essential for connecting phones to cellular networks. The company derives a significant portion of its revenue from licensing those inventions to hundreds of device makers, with the fee based on the value of the entire phone, not just the components. But not all licensees want to pay as much as Qualcomm charges, and governments around the world have been investigating Qualcomm’s licensing practices for anticompetitive practices.In September 2009, Japan said investigations into Qualcomm found the company was violating the country’s Antimonopoly Act when it came to trade practices. The inquiries found that Qualcomm coerced Japanese handset manufacturers, such as Sony, to sign contracts that prevented them from asserting their own intellectual property rights. “This tends to impede the Japanese manufacturers’ … incentive to engage in research and development pertaining to technologies related to CDMA subscriber units, CDMA base stations and semiconductor integrated circuits used therein and tends to further strengthen Qualcomm’s influential position in the market pertaining to the technologies, thereby tending to impede fair competition in the technology market,” the JFTC said at the time. The Tokyo High Court in 2010 issued a stay on the cease-and-desist order. Since then, the JFTC has held 37 separate hearings on the case, Qualcomm said, and it rejected an initial finding related to cross-license agreements between Qualcomm and Japanese manufacturers. But it ultimately determined that Qualcomm’s licensing practices didn’t violate antitrust law. Comments Tags See also 2:11 Phones Components Tech Industry Now playing: Watch this: 4 Qualcomm Japan isn’t the only government body that’s investigated Qualcomm. The US, South Korea, China and the European Union are other governments that have scrutinized Qualcomm’s business practices. All have probed whether Qualcomm hurt competition by demanding licensing terms that ultimately forced handset makers to exclusively use its chips. Though many have slapped Qualcomm with fines, none have forced it to change its licensing practices. In China in early 2015, Qualcomm agreed to pay a $975 million fine and lower its licensing fees to settle the dispute in that country. South Korea slapped the company with a $850 million fine the following year, which Qualcomm is appealing. The EU in early 2018 fined Qualcomm $1.23 billion for paying Apple to use only its chips, something Qualcomm also is appealing. And in August of that year, the company reached a settlement with Taiwan, where the country would keep the $93 million Qualcomm had paid, but the company wouldn’t owe anything more.In January, Qualcomm and the US Federal Trade Commission met in a San Jose, California, courtroom to battle over an antitrust case. The FTC has accused Qualcomm of operating a monopoly in wireless chips, forcing customers like Apple to work with it exclusively and charging excessive licensing fees for its technology. The case is now in a judge’s hands. At the same time, Qualcomm is battling its former major customer, Apple. In January 2017, the iPhone giant sued Qualcomm over its licensing practices. Qualcomm has filed countersuits and also accused Apple of patent infringement. The two have been battling in a San Diego court for the past two weeks over patents, and they’ll meet again in April over the licensing dispute.On Thursday, a judge dealt Qualcomm a blow in the upcoming licensing case. US District Court Judge Gonzalo P. Curiel of the Southern District of California ruled that Apple can keep the billions Qualcomm paid it as part of their 2013 contract. And Qualcomm is still on the hook for payments it stopped making. Qualcomm-FTC lawsuit: Everything you need to know Qualcomm can’t get back the billions it paid Apple, judge rules What the Apple-Qualcomm battle means for your next iPhone Qualcomm’s licensing practices have been facing scrutiny around the globe. Shara Tibken/CNET Qualcomm isn’t a monopoly after all, a Japanese regulatory body said Friday, reversing its decision from about a decade ago. The Japan Fair Trade Commission this week canceled a cease-and-desist order from 2009 that affected Qualcomm licensing in Japan, effectively declaring that Qualcomm wasn’t guilty of the charges against it. JFTC officials said the decision is “unusual,” according to a report from Nippon, and that this is the first time it’s revoked a cease-and-desist order since 2012. The decision gives Qualcomm a win as the company awaits a judge’s decision in the US’ probe into its business practices. “We are very gratified to learn that after years of considering the evidence and applicable legal authority, the Japan Fair Trade Commission has concluded there was nothing improper about Qualcomm’s cross-licensing program,” Don Rosenberg, Qualcomm general counsel and executive vice president, said in a statement. “Today’s decision affirms our confidence that once Qualcomm was afforded a full hearing, and actual evidence was considered, the JFTC would find that our cross-licensing program was completely lawful and the product of arms-length, good-faith negotiations with our Japanese licensees.”