Drewry: Modest Growth Expected for Global Container Port Demand

first_imgGlobal container port demand is heading toward a modest growth and numerous uncertainties, accompanied with muted capacity expansion plans.Most world regions would therefore see an increase in average terminal utilisation, shipping consultancy Drewry said in its Global Container Terminal Operators report.Drewry’s container port demand forecast for the next five years is for global growth of 4.4% per annum on average, lifting world container port throughput from 784 million TEU in 2018 to 973 million TEU by 2023, an absolute increase of almost 190 million TEU.The latest five-year forecast is a far cry from the heady days of the 2000s when forecasts were around 9% growth per annum until the global financial crisis of 2007-08 brought this to a shuddering halt.Several locations are expected to outperform markedly the global average, most notably Middle East/South Asia and Southeast Asia/Far East.Global container port capacity is projected to increase at a CAGR of around 2%, based on confirmed additions only. This is well below the projected demand growth and reflects the continued easing off from greenfield projects by investors over the last few years. As a consequence, average utilisation at the global level is forecast to increase significantly from 70% in 2018 to 79% by 2023, according to Drewry.At the regional level, almost all locations are projected to see their average utilisation levels increase, the shipping consultancy noted, adding that the sharpest upward swings are expected in Greater China and Southeast Asia, with the former hitting 100% by 2023.Among the top seven individual global/international terminal operators, based on their performance, PSA and Hutchison occupy first and second places respectively, with PSA’s pre-eminence due to its 20% stake in Hutchison Ports.Cosco moved up to third place in 2018 from fifth in 2017 by achieving over 30% growth, boosted by the OOCL acquisition. This meant that DP World and APMT each dropped one place to fourth and fifth place respectively. China Merchants with 35 million TEU and TiL with 26.5 million TEU remained in sixth and seventh places respectively despite both recording double-digit growth in equity-adjusted volume.“A premier league of seven big operators has emerged, after which the next largest player is a third of the size. Between them they accounted for nearly 40% of global throughput in 2018. Within this elite group, Cosco has moved sharply up the table in this year’s analysis,” Neil Davidson, Drewry’s senior analyst for ports and terminals, said.last_img read more

James “Jim” Frakes

first_imgJames “Jim” Frakes, 74 of Dillsboro passed away Wednesday January 27, 2016 at Dearborn County Hospital in Lawrenceburg. Jim was born Tuesday October 7, 1941 in Lawrenceburg the son of Harold and Mary (Armstrong) Frakes. He married Evelyn (Wilson) Frakes February 16, 1963 and she survives. Jim was member of the Baptist Church and the Teamsters Local 135. He enjoyed watching NASCAR, mowing his lawn, fishing, collecting antiques, and always there to lend a helping hand. Jim loved spending time with his grandchildren, great-grandchild and friends.Jim is survived by wife: Evelyn Frakes of Dillsboro, son: Rick Frakes of Cross Plains, daughter: Lisa (Larry) Moore Versailles, sister: Linda Craig of Sweetwater, TN; 3 Grandchildren Thomas James (Rebekah) Mathis, Brandi and Jamie Cole. 1 Great-Grand child: Hallie MathisFuneral services will be at 11:00AM Monday February 1, 2016 at Laws-Carr-Moore Funeral Home, with Rev. Tom Fehrman officiating.  Burial will follow in Grandview Memorial Gardens at Madison. Visitation will be 5-7PM Sunday January 31, 2016 at the funeral home. Memorials may be made to the St. Jude’s Children Hospital or Dillsboro Life Squad. Laws-Carr-Moore Funeral Home entrusted with arrangements, 707 South Main Street, Box 243 Milan, IN 47031. (812)654-2141. Go to www.lawscarrmoore.com to leave an online condolence message.last_img read more

IMCA Hobby Stocks, Northern SportMods new at North Dakota’s Thunder Mountain Speedway

first_imgBOTTINEAU, N.D. – IMCA Sunoco Hobby Stock and Karl Chevrolet Northern SportMod drivers will chase points on eight Thursday nights this season at Thunder Mountain Speedway in Bottineau.“We’re getting some interest from drivers in both divisions looking to race another night for national and state points,” said promoter Jason Laducer. “We been WISSOTA sanctioned and in keeping in line with other tracks in the area decided to go with IMCA.”Race nights on the 2017 schedule at Thunder Mountain are May 4 and 18, June 8 and 22, July 20 and 27, and Aug. 3 and 17.“These divisions are good transitions for younger drivers to what we consider entry level divisions,” Laducer said. “Once the Hobby Stock and SportMod divisions are established, our eventual goal is to have special events for IMCA Modifieds and IMCA Sunoco Stock Cars.”The all-volunteer Thunder Mountain Speedway Association is already getting the ¼-mile dirt oval ready for opening night and Laducer said “a few unique local sponsorships” are in place for the upcoming season.In addition to IMCA Speedway Motors Weekly Racing National and Allstar Performance State points being awarded in both divisions, Hobby Stocks running at Bottineau earn Big Daddy Race Cars Northern Region points.last_img read more

Coric, Cilic put Croatia in charge

first_imgLille: Marin Cilic defeated Jo-Wilfried Tsonga 6-3, 7-5, 6-4 in the second singles match to give Croatia a commanding 2-0 lead over France in the final of the Davis Cup, tennis’ premier international team competition.Host France opted to play the tie on indoor clay, but the decision appeared to backfire as Croatia won both opening singles matches in straight sets on Friday night.Although the match was played on clay, a surface that benefits the returner, the Croatian did not lose his serve once in two hours and 22 minutes of play and won in classic fast court style with one break per set, reports Efe news.Tsonga, whose ranking has plunged to No. 259, got into trouble early on when he dropped serve in the sixth game to go down 4-2 and then lost the first set three games later.He was more competitive in the second set and had two break points against Cilic’s serve that would have given him a 5-3 advantage.But failure to convert those chances proved costly, as the Croatian went up a break at 6-5 when a backhand slice by Tsonga floated wide of the sideline and then held serve at love in the ensuing game to snag a two-sets-to-none lead.Tsonga, who squandered three more chances to break Cilic’s serve in the third set, committed a double fault to get broken for the third time in the match and fall behind 3-2.The Frenchman then appeared to be suffering from fatigue or injury in the sixth game. He played out the rest of the contest, but Cilic clinched the victory with an overhead winner on match point.Earlier in Friday evening’s first singles match, 12th-ranked Borna Coric defeated 40th-ranked Frenchman Jeremy Chardy 6-2, 7-5, 6-4.The Croatians can clinch their second Davis Cup title with a victory in Saturday’s doubles, when Ivan Dodig and Mate Pavic will take on the French duo of Pierre-Hugues Herbert and Nicolas Mahut.If France can stay alive, the tie will come down to Sunday’s reverse singles. IANSlast_img read more

Update on the latest sports

first_imgThe Grand Slam tournament begins Monday, with no spectators allowed as part of efforts to prevent the spread of COVID-19.F1-BELGIAN GPHamilton wins Belgian GP, now 2 behind Schumacher’s record SPA-FRANCORCHAMPS, Belgium (AP) — Lewis Hamilton led from start to finish at the Belgian Grand Prix to clinch his 89th career win and move two behind Michael Schumacher’s Formula One record.The world champion was untroubled from pole position, beating his Mercedes teammate Valtteri Bottas by eight seconds and finishing 15 seconds ahead of Red Bull’s Max Verstappen. Renault’s Daniel Ricciardo was fourth and grabbed an extra point for the fastest lap. Kyle Lowry had 17 points for Toronto, which got 15 from Serge Ibaka (ih-BAH’-kah) and 13 from Pascal Siakam (see-A’-kam) on a day where he was slowed big-time by early foul trouble. The Celtics improved to 4-1 against the Raptors this season. No other team has beaten the reigning NBA champions more than twice, and both of their meetings in the NBA’s restart bubble at Walt Disney World have been one-sided.Toronto is 0-2 against Boston at Disney, losing by a combined 40 points and not leading for a single moment in those two games. The Raptors are 11-0 at Disney against everybody else.MLB-SCHEDULETigers finish sweep of Twins, pull back to .500 with 3-2 win Associated Press Hamilton’s fifth win from seven races also extended his championship lead over Verstappen to 47 points with Bottas drifting back in third. Hamilton is odds-on to win a seventh title to tie Schumacher’s record.NASCAR-JOHNSON’S ENDJimmie Johnson proud of ending NASCAR career with 7 titlesDAYTONA BEACH, Fla. (AP) — Jimmie Johnson is reflecting on his legacy after getting knocked out of playoff contention Saturday at Daytona International Speedway. Johnson was running near the front of the pack most of the night and was in position to make the playoffs until Denny Hamlin and Joey Logano made contact and started a multi-car melee that collected Johnson and nine others with less than two laps to go. August 30, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditNBA PLAYOFFSCeltics roll past Raptors 112-94, take 1-0 East semis leadLAKE BUENA VISTA, Fla. (AP) — The Boston Celtics clearly have the formula to create problems for the Toronto Raptors. Jayson Tatum and Marcus Smart each scored 21 points, Kemba Walker added 18 points and 10 assists and the Celtics never trailed on the way to beating the Raptors 112-94 in Game 1 of their Eastern Conference semifinal series on Sunday. MLB-NEWSDodgers set NL home run mark for month with 57 in AugustUNDATED (AP) — The Los Angeles Dodgers set the National League record for home runs in a month with their 57th in their final game of August. Cody Bellinger’s two-run homer in the third inning was the third of the game for LA at Texas. It broke the previous record of 56 set by the Atlanta Braves in June 2019. Corey Seager hit a solo shot in the first, and Will Smith added one in the second to pull even with the Braves. The Dodgers are off Monday, the final day of August. In other MLB news:— The New York Mets have placed struggling pitchers Dellin Betances and Steven Matz on the injured list, one day after they both made appearances against the New York Yankees. Betances landed on the injured list with right lat tightness. Matz was placed on the IL with left shoulder discomfort and will see a doctor Monday to determine the next step. On Saturday Betances threw a wild pitch in the ninth inning that allowed Clint Frazier to score the winning run to give the Yankees a 2-1 win.— The Chicago Cubs have acquired José Martínez in a trade with the Tampa Bay Rays, giving manager David Ross another option at designated hitter. The 32-year-old Martínez is a .294 hitter with 43 homers and 182 RBIs in 422 major league games. He debuted with St. Louis in 2016 and spent four years with the Cardinals before he was traded to the Rays in January. Tampa Bay acquired two players to be named or cash considerations in the deal with Chicago. The Rays also promoted outfielder Randy Arozarena from its alternate training site.— The Atlanta Braves have acquired left-hander Tommy Milone from the Baltimore Orioles for two players to be named. The division-leading Braves have struggled to put together a rotation behind Max Fried, who is 5-0 with a 1.35 ERA. Ian Anderson is the only other Atlanta starter to earn a win this season. He pitched one-hit ball over six innings in his major league debut last week. The 33-year-old Milone provides another option, though the Braves are likely to pursue additional help ahead of Monday’s trade deadline.— The San Diego Padres picked up slugger Mitch Moreland in a trade Sunday with Boston. In exchange, the Red Sox acquired a pair of prospects from San Diego, outfielder Jeisson Rosario and infielder Hudson Potts. The Padres are making one move after another in pursuit of their first playoff appearance in 14 years. On Saturday, they bolstered their bullpen by acquiring Trevor Rosenthal in a trade with the Kansas City Royals. The person said Ngakoue agreed to rework his 2020 salary to get out of Jacksonville. Ngakoue still has to sign his one-year franchise tender with the Jaguars to make the deal happen. He had been the league’s only franchise-tagged player unsigned, opting to turn down an offer that would have guaranteed him $17.8 million this season.US OPEN-CORONAVIRUS-PAIRE OUTAP source: Paire out of US Open after positive COVID-19 testNEW YORK (AP) — French tennis player Benoit (ben-WAH’) Paire has tested positive for the coronavirus and was removed from the U.S. Open field, according to a person familiar with the situation.The 31-year-old was seeded 17th and was supposed to face Kamil Majchrzak of Poland in the first round on Tuesday.Contact tracing will now be used to determine who might have been exposed to Paire and needs to be quarantined. Update on the latest sports — The Colorado Rockies have acquired right-handed reliever Mychal Givens from the Baltimore Orioles for prospects and cash considerations. As part of the deal, the Orioles received infielders Tyler Nevin and Terrin Vavra, along with a player to be named later and cash considerations. The 30-year-old Givens has allowed two runs over 13 innings this season for the Orioles. He has 19 strikeouts and two walks. NFL-JAGUARS-VIKINGS TRADEAP source: Jaguars trading Ngakoue to Vikings for 2 picksJACKSONVILLE, Fla. (AP) — Disgruntled pass-rusher Yannick Ngakoue (yah-NEEK’ en-GAH’-kway) is headed north, far away from Jacksonville.A person familiar with the trade says the Jaguars have agreed to send Ngakoue to the Minnesota Vikings for a second-round draft pick in 2021 and a conditional fifth-rounder in 2022. The person spoke to The Associated Press on condition of anonymity Sunday because the deal has not been formally executed with the league. UNDATED (AP) — Jonathan Schoop hit a tiebreaking home run in the sixth inning, and the Detroit Tigers finished off a three-game sweep of the Minnesota Twins with a 3-2 victory. Tyler Alexander pitched 3 2/3 scoreless innings of relief for Detroit, which handed Twins starter Kenta Maeda his first loss of the season. Detroit has won five straight and pulled back to .500 on the year. Minnesota has dropped five in a row. Jeimer Candelario also homered for the Tigers, and Jorge Polanco went deep for the Twins. Rookie Casey Mize allowed two runs in three innings as Detroit’s starter.Elsewhere in the majors:— The Oakland Athletics had a member of their organization test positive for COVID-19, causing Major League Baseball to postpone the team’s game Sunday against the Houston Astros. The finale of the A’s three-game series at Minute Maid Park was called off less than four hours before it was scheduled to start. The A’s said the team conducted testing and contact tracing for the entire traveling party Sunday morning and would self-isolate in Houston with recommended safety precautions in place. COVID-19 testing has now postponed 38 games. All 30 major league teams played Saturday the same day for the first time since July 26. Johnson posted a picture on Instagram of his battered No. 48 Chevrolet that was caught up in a late-race wreck. The crash meant his racing career would end without a record-setting eighth Cup Series championship. Johnson wrote that he was proud to end his career with seven titles. Johnson is retiring from full-time Cup competition at the end of this season.last_img read more

USC and United Airlines reach agreement to name Coliseum field

first_imgUSC and United Airlines have agreed to a new naming rights deal for the Coliseum, after facing some backlash regarding the original name change. USC and United had initially struck an agreement in May 2017 to rename the stadium United Airlines Memorial Coliseum. The 16-year deal provided USC over $69 million to use toward the Coliseum’s renovation, part of a $315 million undertaking.  Although United officials initially said that the company would be willing to step away from the agreement if USC did not agree to the original name change, the company said it has much to gain from taking on such a prominent role in the Los Angeles community. “USC is honored to be the caretaker of this Los Angeles treasure and, together with United, we are ensuring the Coliseum’s future as a world-class venue,” Austin said in a statement. “The naming of the field is a significant step in USC’s efforts to usher in a modern era for this historic landmark and preserve its legacy.”  Shortly after the original naming rights deal was agreed upon, veterans groups protested that changing the name of the stadium would dilute its identity as a memorial to World War I veterans. Neither USC nor United have released the financial details of the new agreement, which was shortened to 10 years instead of the original 16. Under the revised deal, USC and United said they will support the stadium’s commitment to honor local veterans by supporting veterans who attend USC and erecting a new memorial at the Coliseum to honor veterans. Hahn also pointed out the numerous historical events that the Coliseum has hosted — including the 1932 and 1984 summer Olympics and a visit from Nelson Mandela — to emphasize the idea that the Coliseum serves just as much as a war memorial as it does a sports stadium. The two parties came to a 10-year deal that will result in a new name for just the field, instead of the entire stadium. The field will now be called the United Airlines Field at Los Angeles Memorial Coliseum starting August.center_img “I think there are certain things that we shouldn’t sell,” said Janice Hahn, president of the Los Angeles Memorial Coliseum Commission, who sided with the veterans back in March. “The Los Angeles Memorial Coliseum was built in an effort to honor those men who were from Los Angeles that marched off in World War I and never came back.” Interim president Wanda M. Austin agreed with Hahn’s perspective that the benefits of the deal extend far beyond the Coliseum’s renovation. Photo from USC News “With so many employees, many of whom are proud veterans themselves, and customers that travel to or call [Los Angeles] home, this sponsorship is a meaningful way to underscore our commitment to California,” said Janet Lamkin, president of California for United Airlines, in a statement. “We always want to do what is best for the communities in which we operate — and in this case, reaching an agreement which upholds the name of such a respected venue while modernizing it for the benefit of future generations was the right thing to do.” “I am pleased that USC and United have come together in a way that will honor the memories of veterans who served in World War I and our broader community of veterans,” Hahn said in a statement. “This agreement ensures that United Airlines remains an important corporate sponsor of the Coliseum renovation project and that the legacy of the Coliseum remains. I am proud that we are moving forward with a shared commitment to veterans.” The introduction of the field’s new name will coincide with USC’s first football game on Aug. 31 against Fresno State at the Coliseum.last_img read more

Even more pressure on Russia to clean up its act

first_imgAndorra, Israel, Argentina, Bolivia and Ukraine are also in breach of those rules – and are now non-compliant.It means they’re not meeting the conditions authorities expect.Belgium, Brazil, France, Greece, Mexico and Spain have been put on a “watch list” – with a deadline of March to meet strict conditions – or potentially face the same fate.last_img

Kenya Appeals E’Guinea’s Reinstatement

first_imgEquatorial Guinea had been excluded by CAF in October for fielding an ineligible player.On Wednesday CAF reversed that decision following an appeal from Equatorial Guinea, who were restored to the finals in place of Kenya.Kenya were awarded a place in the finals in October when CAF ruled Equatorial Guinea had fielded an ineligible player in qualifying.CAF’s Appeal Board announced on Wednesday that: “The player Annette Jacky Messomo is eligible to play for the national team of Equatorial Guinea.”In the original ruling CAF upheld a protest from the Football Kenya Federation over the eligibility of Messomo.The decision at the time was that: “The player in question was allegedly of Cameroonian nationality and had played for several European based clubs.”In response FKF released a statement saying: “It is our belief that both CAF and CAS will treat the matter with the seriousness that it deserves, this even as Harambee Starlets remain in camp in preparation for” the tournament.The letter added that FKF stands by its assertion that Messomo is ineligible to play for Equatorial Guinea.The news of the successful appeal came just as Kenya drew 1-1 with Ghana in a friendly on Wednesday.As it stands two-time winners Equatorial Guinea will be in Group B for the finals that are due to begin on 17 November.They would open their campaign against Zambia on 18 November before facing South Africa and defending champions Nigeria.Should Equatorial Guinea finish in the top three at the Nations Cup in Ghana they would not qualify for next year’s World Cup in France after a ruling by Fifa in 2017.Football’s world governing body expelled Equatorial Guinea from the 2019 Women’s World Cup in France for fielding 10 ineligible players and using forged documents.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram AWCON 2018Kenya’s Football Federation (FKF) has condemned a Confederation of African Football (CAF) decision to reinstate Equatorial Guinea to the Women’s Africa Cup of Nations.They say they are “profoundly astonished” by the move, which represents “a great injustice” and plan an appeal to the Court of Arbitration for Sport (CAS).last_img read more

La Liga: Real Madrid Bounce Back With Alaves Win

first_imgRelated Spanish champions Real Madrid are back to winning ways in the league after they defeated hosts Alaves 2-1 in their Matchday 6 clash.Midfielder Dani Ceballos was the hero for Zinedine Zidane’s side as he netted a brace (10th and 43rd) either side of Manu Garcia’s goal for the home side to take his side to 4th spot.The win takes Real Madrid to 11 points and within 4 points of league leaders Barcelona as they bounced back from the disappointing 1-0 loss to Real Betis in midweek.Top 4:Barcelona 15 pointsAtletico Madrid 14 pointsSevilla 13 pointsReal Madrid 11 pointslast_img read more

Better Collective Spotlight – CasinoVerdiener – Building an affiliate legacy

first_img Genius Sports wins DK Injunction against FirstPlay for staff poaching & IP encroachment January 13, 2020 Related Articles Submit Stoiximan dominates first-ever Betarades Greek Bookmaker Awards January 24, 2020 Pinnacle backs hot esports prospect NORTH July 22, 2019 Share StumbleUpon Share Karoline HallIn the first of a new series – ‘Better Collective Spotlight’, SBC breaks down the marketing portals of leading industry affiliate publisher Better Collective.2018 has been a marquee year for Better Collective’s enterprise, which has seen the company IPO on the Stockholm Nasdaq.SBC speaks to Lead Content Editor Karoline Hall on developing Better Collective’s first proposition, German-language casino review portal CasinoVerdiener, which would kick start Better Collective’s unique journey.____________SBC: Can you explain to our readers why the name CasinoVerdiener came to be? Karoline Hall: Our first brand that came to be was CasinoVerdiener: This was 16 years back, while Christian Kirk Rasmussen and Jesper Søgaard took a gap year together in Berlin after finishing their education.Back then, they were bonus hunters themselves – strolling through online casinos and making use of their bonus offers to cash out winnings quickly. “Verdiener” is German for earner–and because they wanted to share their knowledge with other players, and teach them how they could also earn those winnings, CasinoVerdiener was born.SBC: Why did a Danish founded company choose the German audience for its first foray into the market?KH: There may have been other factors involved, but one reason was certainly the legal situation concerning online gambling in Germany versus the legal situation in Denmark back in 2002. Furthermore, Christian and Jesper were living and working in Berlin at the time.SBC: What are the biggest ways in which the affiliate scene has changed since the CasinoVerdiener launch in 2002?KH: The quality of online casinos and bookmakers has improved greatly since then – transparency, fairness and usability play a much bigger role now than they did back then. At the time same, as mentioned before, the terms and conditions that players have to comply with in order to play with bonus offers have become a lot more complicated.This stresses the importance of websites like CasinoVerdiener, to inform, help and support online players. With the increasing number of competitors and legal restrictions, and with Google’s algorithm becoming smarter and smarter, there is also a lot more pressure on affiliates to provide relevant and high-quality content.SBC: How much of what you learned from CasinoVerdiener guides your strategy for new brands to the Better Collective portfolio?KH: Quality, transparency and authenticity are essential – to build up and retain most importantly the users’ but also Google’s trust, requires continuous work and attention to detail, but it’s a necessity for a product’s long-term growth and success.Additionally, we know through the user-driven forums on CasinoVerdiender that user-generated content is a big factor in creating a trustworthy community. When you have casino players being advised by other experienced players, they are more likely to engage with the site.____________________Karoline Hall – Editor – Better Collective – CasinoVerdienerlast_img read more