Eagle Bulk Adds Ultramax to Its Fleet

first_imgConnecticut-based owner of dry bulkers Eagle Bulk Shipping has acquired a 2014-built SDARI-64 Ultramax bulk carrier for USD 21.2 million.  The vessel, constructed at Chengxi Shipyard, which will be renamed M/V Hamburg Eagle, is scheduled to be delivered to the company during the fourth quarter of 2018.Upon delivery of the M/V Hamburg Eagle, the company’s fleet will consist of 47 vessels.The purchase comes after Eagle Bulk returned to profit in the first quarter of 2018, reversing from a net loss of USD 11 million in the same quarter in 2017.The company said that its net profit for the period stood at USD 0.1 million.Generated net revenues for the period were USD 79.4 million, representing an increase of 73 pct year-on-year.last_img read more

Equinor CEO: Last Few Months a Game-Changer for Our Offshore Wind Business

first_imgIllustration. Source: Ole Jørgen Bratland/EquinorThe last few months have been a game-changer for Equinor’s offshore wind business, the Norwegian energy company’s President and CEO Eldar Sætre said while commenting on the company’s results for the third quarter of 2019.”Together with SSE, we were the winning bidder with three projects at Dogger Bank in the UK, making it the largest offshore wind farm development in the world,” Sætre said.”In addition, we won the opportunity to develop Empire Wind offshore New York, delivered development plans for Hywind Tampen and realised significant value from the farm-down in the Arkona wind farm offshore Germany.”Back in September, Dogger Bank Wind Farms secured 3.6GW of offshore wind contracts in the UK Government’s third contracts for difference auction.Doggerbank Creyke Beck A P1 will be developed at a strike price of GBP 39.65/MWh and the project’s first phase is expected to come online in 2023/24. The strike price for Doggerbank Creyke Beck B P1 and Doggerbank Teeside A P1 is GBP 41.61/MWh and the wind farms’ first phases are due to come online in 2024/25.In early October, Equinor agreed to sell a 25% ownership interest in the 385MW Arkona offshore wind farm in the German Baltic Sea to funds advised by Credit Suisse Energy Infrastructure Partners AG. Currently, Equinor holds a 50% interest in the wind farm.Shortly thereafter, Equinor and partners made a final investment decision for the 88MW Hywind Tampen floating offshore wind project in Norway. The wind farm will power the Snorre and Gullfaks oil & gas platforms.After being selected by the State of New York to develop the 816MW Empire Wind project back in July, Equinor has this week signed a 25-year OREC purchase-and-sale agreement for the project with the New York State Energy Research and Development Authority (NYSERDA).last_img read more

Complete makeover: New coach McIntyre hopes to revive SU men’s soccer

first_imgFinally, the wait was over. Nearly two months of uncertainty was brought to a close. Syracuse finally had its coach. On Jan. 6, Ian McIntyre became the newest face of Syracuse men’s soccer. For the 10 SU players remaining, it had been 57 days of not knowing. ‘Everybody was nervous,’ sophomore Mawuena Agbossoumonde said. ‘People thought they were going to get cut. We tried to stay together and comfort each other.’ The SU players could now exhale.AdvertisementThis is placeholder text They had become familiar with McIntyre’s style during his time as head coach at Hartwick, a team two hours away in Oneonta, N.Y., that SU had faced three of the past four years. A native of Basildon, England, McIntyre moved to the United States in 1992 to play soccer at Hartwick. After graduating in 1996, he entered into the coaching world. Three jobs and more than 100 career wins later, McIntyre is now leading the Orange. Known as a hard-nosed defender during his playing days, nothing has changed in his philosophies as a coach. He expects the best from himself and his players. He looks to play aggressively, attack constantly and simply outwork the other team. ‘Once we found out that we had an admirable, winning coach that was coming in here, we were all just pumped up,’ SU sophomore defender David Neumann said. Now that the wait is over, now that there is a coach, the men’s soccer program begins an overhaul. Nineteen seasons under former head coach Dean Foti produced zero trips to the NCAA tournament and just one win in the Big East tournament. McIntyre must fix that program, one coming off its worst season since 1971 and one that has finished above .500 just once since the turn of the century. That is McIntyre’s challenge. The enigma he must solve. Let the rebuilding begin. ‘I’ll remember that one’ Syracuse left a mark on Ian McIntyre from his playing days. An impression of sorts, only it’s more permanent. It’s with him every day. It’s been there ever since an overtime loss to the Orange in 1994. ‘Thankfully, one of the scars on my face is smaller because the Syracuse doctor did a good job that particular night,’ McIntyre said. McIntyre said someone nicked him with a ‘misplaced elbow.’ He was stitched up by the SU medical staff at halftime and returned to the game. Typical hard-nosed McIntyre. ‘It’s his passion,’ said Jamie Mullin, associate director of athletics for team services at SU. ‘He wears it on his sleeve.’ McIntyre earned a reputation as an aerial force. A skill that was vital on defense from his sweeper position and also on set pieces in the attacking third. ‘He was the most dominant header of the ball in Division I soccer when he played,’ said Carl Rees, a former Hartwick assistant coach. That unique talent nearly guided Hartwick to the final four in McIntyre’s sophomore season. After tallying game-winning goals against Rutgers and Boston University in the opening two rounds of the 1993 NCAA tournament, McIntyre headed in a goal that was disallowed in the quarterfinals against Princeton, Rees said. The referee called McIntyre for using his hands to climb up a defender. ‘Anybody who saw Mac play knew he didn’t need any kind of a stepladder to win a headed ball,’ Rees said. ‘I’ll certainly remember that one because we would have been on our way to the final four.’ A frustrated former player If it weren’t for one play, McIntyre might not have ended up in Syracuse at all. After his senior season in 1995, he was selected to play in the Umbro Classic, a collegiate all-star game, and scored the first goal. An own goal. It put his team down 1-0. And it put professional dreams out of McIntyre’s head. ‘Ultimately, I wasn’t good enough to go on and play professionally,’ McIntyre said. ‘So now I’m one of the many frustrated former players who are now coaches.’ Ever since, he’s dedicated his life to coaching. Upon graduating from Hartwick in 1996, McIntyre was hired to be an assistant coach by Rees, who had gone on to become the head coach at Fairfield. There, he helped guide the Stags to their first ever national ranking in 1998. His work as an assistant landed him a head coaching job at Oneonta State. From 1999-2002, McIntyre compiled three 10-win seasons. And then McIntyre got his big chance. Following the retirement of Hartwick’s head coach James Lennox, McIntyre, who was just down the road at Oneonta State, was eager to step in. ‘Hartwick is my alma matter,’ he said. ‘It’s a special place in my life.’ McIntyre led the Hawks from 2003-09, leaving as the second-winningest coach in school history. He posted a .633 winning percentage, going 71-36-25 in his time at the helm. He helped bring the team back to the NCAA tournament in 2005 for the first time in 10 years. Regardless of the school, McIntyre’s tendencies as a player have permeated his coaching philosophies. Strong defense and an emphasis on playing the ball aggressively up the field have gotten him to Syracuse, and now he looks to implement those same concepts with the Orange. ‘If you don’t give up goals, the other team can’t beat you,’ he said. ‘I do feel that the foundation and the bedrock of our program is the ability to individually and collectively defend.’ Four of McIntyre’s players from Hartwick transferred to Syracuse, and three of them play either defense or goalkeeper. Where former SU head coach Dean Foti had a more possession-oriented style, McIntyre is much more aggressive. Foti looked to work the ball through each third of the field ? defenders to midfielders to forwards. McIntyre relies on his defenders and goalkeeper to play the ball forward and initiate the attack more quickly. That style should help the Orange score more goals than it did a season ago, when the team averaged fewer than one goal per game. Said McIntyre: ‘I believe coaching is what I do best.’ Changing the culture It’s going to take time. Syracuse men’s soccer will not become a power overnight. Four games into the season, the team has a record of 1-3. The same as last year. It has scored fewer goals and allowed just as many. At times, it hasn’t looked pretty. It’s just going to take time. ‘Certainly we are evaluated on winning and losing,’ McIntyre said. ‘(But) I believe the winning and the results will take care of themselves as we continue to work hard and improve in more areas.’ And the team is improving. After it opened the season with an embarrassing 5-1 home loss to Siena, the defense has started to come around. Only three goals allowed in the last three games. The team has already posted a shutout, as well. That feat took 10 games a year ago. It’s getting better day by day. ‘You can see in practice and in games that he’s building it step by step so that it can go well in the long run,’ said sophomore defender Jakob Karlgren, who followed McIntyre from Hartwick. The learning curve is to be expected. Twenty of 30 players are new to SU. They are taking time to learn the new system and learn about each other. McIntyre is trying to change the perception of the program, Mullin said, and he can’t be evaluated on wins and losses, alone, this season. ‘Year one, what you want to be able to do is establish a culture,’ said Mullin, who played a role in hiring McIntyre at SU. ‘You want to build a foundation for the program moving forward.’ The players have bought into his system. Fitness has improved. Tempo of the game has improved. The family atmosphere has returned, and last year’s internal strife is a thing of the past. The rebuilding has definitely begun. ‘There’s a bunch of good things he has up his sleeve,’ senior goalkeeper Jeremy Vuolo said. ‘Everyone here at Syracuse is starting to appreciate that.’ mjcohe02@syr.edu Facebook Twitter Google+ Commentscenter_img Published on September 13, 2010 at 12:00 pm Contact Michael: mjcohe02@syr.edu | @Michael_Cohen13last_img read more

University Club moves its location

first_imgStoops Hall, currently the home of the Graduate Education Library, will be the new home of the University Club beginning in spring 2012, the university decided earlier this month.The University Club is a campus club exclusively for USC faculty and staff, who can choose to become members by applying and paying membership dues. The Club, currently located in a building in the southeast corner of campus, near Pardee Way, is a restaurant for member professors and campus staff.Stoops Hall is located near the intersection of Trousdale Parkway and 34th Street, west of the School of Social Work.The decision to move the Club came from the Office of the Provost. Having it in an architecturally historic building was a primary reason cited by staff at the Club.“[Stoops Hall] is so much more representative of the direction that the university is headed in, in terms of architecture and prestige, and it better represents the history of the university,” said Ed Kasky, program director of the University Club.Stoops Hall, built in 1923, first served as a branch of the Los Angeles Public Library. It then became part of USC, and has housed the Graduate Education Library and the East Asian Library in 1999.Stoops Hall is currently being used as additional space for the School of Policy, Planning, and Development. Its current occupants will be moved to the University Gateway building north of campus.As a former library, Stoops Hall will have to be refitted before the club can move in.“Stoops will have to be outfitted with a kitchen, and facilities to manage banquets and catering. We’re also making it [American with Disabilities Act] compliant. It’s going to be a serious renovation,” said Kristen Todd, membership and member programs coordinator for the University Club.Though the interior of the building will have to be significantly changed, little will change on the exterior so as to preserve the building’s historical appearance.“There are many beautiful components of the original building that [will] still remain and those will be kept in the renovated building,” said Joe Back, associate senior vice president of Campus Development and Facilities Management, in an email.Club members are also excited about the move to the new building.“[Stoops Hall] is like Bovard, Doheny and Mudd Hall — it’s in the age and grace of those buildings. It provides a sense of continuity from generation to generation,” said Regina Nordahl, associate dean of the School of Policy, Planning, and Development and University Club member.Kasky hopes the move will make the club more visible and attract more faculty and staff to become members, which is a goal it constantly strives toward.The current location will be demolished; details on the replacement structure have not been released, Back said.A banquet hall and outdoor patio will also be added to Stoops Hall.“We’re also celebrating our 50th anniversary, so [the move] has come in conjunction with that,” Todd said. “In the fall … we’re looking to do a special dinner or event, kind of a farewell to the old space and the 50 years that were spent here.”The site of the current single-story building, opened in 1960, could be used more efficiently, according to Kasky.“[The current structure] being a single-level building, which covers 10,000 square feet, makes it very valuable real estate for the university. So we knew that eventually something multi-story was going to have to come here,” Kasky said.Other changes to the University Club are planned besides the move. Executive Chef Blake Clevenger recently joined the staff, and the Club will be going through a “brand rehaul,” Todd said.“The space is going to have a lot more of a collegial club feel, as has been seen in other university clubs throughout the country,” he said.Funding for the renovation of Stoops Hall will come jointly from the University Club and the university, according to Kasky. Construction will start April 18, and the renovation is planned to be completed by Feb. 2, 2012.last_img read more