PSA International Signs Deal to Acquire Poland’s DCT Gdańsk

first_imgPSA International has signed an agreement with the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) to jointly acquire DCT Gdańsk, the largest container terminal in Poland.The shares would be purchased from Macquarie Infrastructure and Real Assets (MIRA) managed fund Global Infrastructure Fund II, MTAA Super, AustralianSuper and Statewide Super.With a quay length of 1,306 meters and a maximum depth of 17 meters, DCT Gdańsk is the only terminal in the Baltic that can serve ultra large container vessels (ULCVs), the world’s largest container ships with a capacity of up to 23,000 TEUs.Following a significant capital expenditure programme, the port’s capacity doubled in 2016 with the completion of a second quay. Container volumes have grown steadily over the years to reach 1.9 million TEUs in 2018.Given the constant growth and development of the business, the terminal is expected to reach full capacity utilisation in the upcoming years. To allow for further development of DCT Gdańsk, PSA, PFR and IFM Investors will explore the construction of a new expansion area and further increases in capacity.“DCT Gdańsk is PSA’s first investment in Eastern Europe, and we look forward to working closely with our partners PFR and IFM to further develop its facilities and to strengthen its position as the preferred port of call for Poland and the Baltic Sea,” Tan Chong Meng, Group CEO of PSA International, said.“Through leveraging our global network and our expertise in creating value for the port and shipping communities, PSA will partner with shipping lines, logistics operators and cargo owners to deliver more efficient, flexible and robust supply chain solutions for the region.”last_img read more

United announce parade plans

first_imgManchester United’s Premier League trophy parade will begin at Old Trafford on Monday before reaching its conclusion in Albert Square later in the evening. It is anticipated significantly more people will attend than those who braved heavy rain to acclaim United’s record 19th title two years ago. Club chief executive David Gill said: “Winning a 20th league title is a huge achievement for the club and we are excited to be able to share this special moment with our fans. “The support from the fans has been incredible this season and we’re looking forward to celebrating with them during the trophy parade.” Sir Alex Ferguson and his players will attend a send-off event at Old Trafford at 1800, with the United manager – about whom there is so much speculation – due to address the crowd prior to departure. Their open-topped bus is due to leave at 1830, with the event due to finish at 2000, after the squad have made their way into the city. center_img Press Associationlast_img read more renews charity partnership with 52 Lives

first_img GVC Holdings’ online bingo subsidiary has confirmed that it has extended its partnership with UK charity 52 Lives.The online bingo operator has been a partner of 52 Lives since 2016, the charity which aims to change a peoples lives every week by ‘spreading kindness and generosity’.Recent examples include raising £3,000 for a homeless family to put a deposit on a flat and providing a hot tub for a young boy with chronic Duchenne Muscular Dystrophy to have hydrotherapy at home. Entering its fifth year of operation, over 160 people have been helped by 52 Lives so far.Commenting on the partnership, Karina Adrian, PR and Brand Partnership Manager at, said: “We first came across 52 Lives when founder Jaime Thurston appeared on ITV’s ‘Surprise Surprise’ and we immediately felt that 52 Lives’ strategy of people coming together to spread kindness and happiness was a perfect match for the ‘Play Happy’ mantra.“Being part of a supportive community is a huge part of’s offering, and something our players really value. It‘s great that they can contribute towards this worthy cause simply by playing certain games.” supports its charity partner, by hosting  ‘52 Lives Charity Games’ every day at 7:30 pm.To date,  the partnership has raised £160,000 through the games as well as donations from players. 100% of profits go to the charity.Jaime ThurstonBacking’s continued support, 52 Lives founder Jaime Thurston also commented on the renewal:“I am delighted to renew 52 Lives’ partnership with and continue spreading kindness in both big and small ways to the people that need it most right here in the UK. We started 52 Lives because we believe that if we all come together, we can change lives and change the world. It has been great to see how the Gala community has got stuck into this challenge, while having some lighthearted fun playing bingo!” Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 Share GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile  August 25, 2020 Related Articles Share GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 Submit StumbleUponlast_img read more

Sharks coach discusses Haley’s role: “we’re going to play him”

first_imgPITTSBURGH — Micheal Haley’s “vacation” is over. On Thursday, he’ll get back at work, rejoining the Sharks lineup after a two-year sabbatical with the Florida Panthers.In a span of just 72 hours, Haley went from being the castaway of a non-playoff team to landing a spot in the lineup of a squad that’s a top contender for the Stanley Cup.  After getting waived by the Panthers on Tuesday, Haley got picked up by his former-team on Wednesday, getting inserted into the lineup immediately for …last_img read more

Steph or Seth: Who were the Currys’ parents rooting for?

first_imgCLICK HERE if you are having a problem viewing the photos or videos on a mobile deviceKlay Thompson subscribes. You can too for just 11 cents a day for 11 months + receive a free Warriors Championship book. Sign me up!OAKLAND – Just as he walked past an arena hallway, Stephen Curry stopped in his tracks. The Warriors’ star saw his mom, Sonya. Then Curry performed a double take.Unlike most of his NBA games that she attended, Curry’s mother did not wear Stephen’s jersey. With Stephen playing …last_img read more

Bafana Bafana

first_img4 February 2013Coach Gordon Igesund praised his charges following Saturday’s nerve-wracking loss in the 2013 Africa Cup of Nations quarterfinals, saying they had shown great courage and self-belief in getting so far in the tournament, adding that Bafana Bafana had now established a solid platform to build on.“Yes, like everyone around the country, I am hugely disappointed that we did not proceed to the last four,” Igesund said following Saturday’s quarterfinal loss to Mali.‘I am very proud of my team tonight’“But I can tell you now I am very proud of my team tonight. They came here and matched one of the best teams on the continent and even took them to penalties. Just a pity with penalties it’s the luck of the draw, tonight luck was on Mali’s side, they took their penalty kicks well,” Igesund said.The match was decided from the penalty spot after the sides were level at 1-1 after extra time, with the Malians taking the shootout 3-1.Bafana had progressed to the knockout stages after ending top of Group A, having beaten Angola 2-0 and drawn 2-2 with Morocco and 0-0 with Cape Verde.“We lost with pride, dignity and passion,” Igesund said, adding that his team had made huge strides during the tournament.‘This team has a bright future’“We got better and better as the tournament went on. It was a tough ask and we knew that. The improvement we made are fantastic. This team has come a long way, not only the way they play but also off the field … We might be disappointed now, but this team has a bright future.”Igesund said it was important for Bafana Bafana to focus now on their 2014 World Cup qualification campaign, adding: “The message is clear – we will only pick the best squad for the country. No player will walk in this team because his name of Joe Soap – we have set a precedent that players will be rewarded for performances.”Sport Minister Fikile Mbalula echoed Igesund after Saturday’s game, praising them for bringing Afcon 2013 to life and inspiring South Africans across the country.Mbalula wished Mali and the other remaining teams well in their endeavour to lift the Afcon 2013 trophy on the 10th of February.“We look forward to Bafana Bafana representing us proudly in Brazil, both at the 2014 Confederations and the Fifa World Cup,” the minister said.“We thank South Africans who continued to rally behind Bafana Bafana, and plead for their continued support towards the remaining teams in the tournament.”SAinfo reporterlast_img read more

Basement-to-Living-Space Moisture Problems

first_imgScott Razzino has an all-too-familiar problem. The basement of his 1,100-sq.-ft. home in Atlanta is chronically damp. He’s installed a 65-pint dehumidifier, which must be emptied every day. Surely, he wonders in this Q&A post, there must be a better way to tackle the problem.Razzino reports that the house is about 26 years old and has a block foundation. He’s routed gutters away from the house and sealed air leaks in the walls with mortar and concrete sealant. The basement doesn’t have a sump pump.Short of installing French drains around the house, along with a sump pump, is there anything that can be done?The first step, says Robert Hronek, is to figure out the source of the moisture. He suggests taping foil to the wall in several spots and waiting to see whether any condensation appears.“If the water is trapped between the wall and foil, then it is coming through,” Hronek writes. “If there is condensation on the outside of the foil, then the moisture is from air leaks.” If moisture is migrating through the block, adds Robert Riversong, sealing the surface with two coats of UGL Drylok masonry sealer “will make a major difference.”The manufacturer claims that Drylok’s breathable film won’t trap moisture in masonry and will withstand 10 lb. of hydrostatic pressure, “greater than a wall of water 22 ft. high.”“Drylok is the only foundation waterproofer I will use, and it’s excellent for a capillary break between footings and foundation wall on new construction,” Riversong says. “I’ve used it to seal the interior of site-built CMU composting toilet chambers (over surface-bonding cement) as well as the exterior of exposed chimney block.”Where is the water coming from?“Concrete-block walls in a wet and humid climate are a recipe for disaster unless extreme attention to moisture management details are in place,” writes Armando Cobo. “Probably the only way to stop all that moisture from coming in the basement is to trench around the foundation, waterproof the walls, and install a drainage system; but I’m sure you’ll still need some dehumidification in your climate.”James Morgan, a builder in North Carolina, thinks Cobo is “unduly pessimistic.” He’s seen plenty of concrete-block foundations that have been “totally cured” of humidity issues. “The key most often is good stormwater management on the outside,” says Morgan.So what does good stormwater management look like?All gutter leaders should extend at least 10 ft. from the house in buried, nonperforated pipe, to a properly drained swale, Morgan says, along with adjusting the surface grade to slope away from the house, “with special attention to the uphill side if the surrounding grade is not level.“We have successfully dealt with many basement water ingress issues with these interventions alone,” he writes. “I have no experience with the Drylok product: I have heard good things about it, but I prefer to address the upslope issues first and have always found that to be effective.”“To me, proper drainage keeps the pressure off the foundation as well water out of the basement,” writes Hronek. “I think many times we [treat] the symptom and not the cause. Although you may be able to keep the moisture out of the basement with Drylok, you may miss a bigger concern.“Wet soil both pushes in on the foundation wall and does not provide adequate support to footings. I have been in many homes where the owner has tried to seal the block but in the long run ended up with bigger problems: foundation walls that need straightening and footings that have sunk.”And now a word about inept contractorsMorgan says he doesn’t generally recommend trenching around the outside of the foundation to install a perimeter drain and apply waterproofing. How come?“This operation is often performed incompetently with inadequately compacted and graded backfill, even by specialist contractors,” he says. “The drain performs as intended for ten years or so until it clogs with sediment, and then the problems miraculously reappear. By this time the original homeowner has moved on and the ‘specialist’ happily returns to repeat the same mistakes.”There may be some subpar drainage contractors out there, Riversong says, but that’s “no reason to avoid installing what every foundation should have: a perimeter drain. Just because there are carpenters and builders who build substandard houses is no reason to give up on having a house built.”While gutters, downspouts, and grading take care of surface water, a footing drain removes groundwater and relieves a rising water table, Riversong says.“With gravel backfill as a capillary break and drainage medium to relieve hydrostatic pressure and move subsurface water to the footing drain, and a perforated drain pipe protected by filter fabric and brought either to daylight or a sump pump, such a system should not fail,” he says.How should a perimeter drain be installed?No one seems to dispute that in new construction, every house deserves a correctly installed footing drain. Which leaves one detail open for debate: Should the perforated pipe that picks up water at the base of the foundation be located below the footing, on top of the footing, or at some level in between?“And, while it’s better to install the drain tile next to the footing, as long as the weir of the pipe (hole or water level) is below the top of the slab (which is often on top of the footings), the wall/footing junction is sealed with hydraulic cement, and the foundation wall waterproofed, this should work as intended,” Riversong says. “It’s not necessary to dig down to the bottom of the footings and risk undermining them.”That’s for a retrofit. But in new construction, he adds, where the site is excavated to the bottom of the footing, perimeter drains “absolutely” should be below the top of the footing. He includes a link to a drawing showing a correctly installed drain .Morgan isn’t buying it.“I can only tell you from extensive personal observation that your ‘should absolutely’ location is simply not observed hereabouts,” he writes. “I have never seen any problems arise from this, nor have I seen problems with older homes in which which foundation drains have been completely absent, except those arising from poor surface water management.” We asked GBA’s Technical Director, Peter Yost, for his opinion:Basements are tough because we often build them as holes in the ground that we will never live in or condition — without the proper air, thermal, and water barriers we use for high-performance above-grade spaces. Then, in part because it’s so “easy and cheap,” we turn them in to family rooms or extra bedrooms.A lot of points have been raised, I will respond to them one at a time.1. Determine how the basement is getting wet:I completely agree with this approach. Look first to surface water management to take the load off of foundation walls. You may be able to significantly reduce the amount of moisture the walls experience from the outside at the surface.2. Are the walls and/or floor damp or wet?There is a big difference here. If the walls or floor are wet, and they are still wet after completely managing surface water, then get ready to cut concrete and dig an interior perimeter French drain. If the walls or floor are damp, you may be able to simply let them continue to dry to the interior and let your dehumidifier handle the load. Even if your walls of floor don’t seem to be damp, its best to test for what you may not be able to see or feel. There is actually a test for this: ASTM D4263, or the more sophisticated ASTM F1869 calcium chloride test that allows you to calculate the rate of moisture transmission through your concrete walls or floor.3. Using a sealer to keep bulk water at bay.I don’t have any experience with this approach, but if Robert says his sealer works, I believe him. A note of caution, though: Unless the sealant can maintain its integrity for the life of the building even as settling and slight shifting introduces hairline cracks in the concrete, I would be concerned about burying that seal in a finished basement.4. Location of footing perimeter drains:GreenBuildingAdvisor Mike Guertin, GBA architect Steve Baczek, and I spent quite a bit of time talking about just where the perimeter drain should be located at the footing. Take a look at any of the GBA Construction Details for basements in the GBA Detail Library . We ended up agreeing that the pipe should be located — perforations facing down — just next to the footing.5. Energy Star dehumidifiers:In my own home, we open the seven small hopper windows whenever we can, and run a dehumidifier when we can’t. Dehumidifiers use a lot of electricity (ours pulls 400W when running), so make sure your unit is an Energy-Star-labeled one.6. Building Science Corp. has a useful article on the topicThe article, Renovating Your Basement , was done as part of the Building America program. Don’t leave your above-grade space without it. Podcast: Efflorescence = Water Damage CONSTRUCTION DETAILS Fixing a Wet BasementStormwater ManagementFoundation Drains Q&A: Solution to Damp Basement Floors in Old Homes7 Steps to an Energy-Efficient House: 1. The Basement Green Basement Renovation Insulating FoundationsBasements should be insulated and protected from water Can Houses Be ‘Too Insulated’ or ‘Too Tight’?Remodel Project: Finished BasementVapor Profiles Help Predict Whether a Wall Can Drycenter_img RELATED ARTICLES GREEN PRODUCT GUIDE JDRain Prefab Drainage SystemFibrex Mineral Wool Drainage Board RELATED MULTIMEDIA Interior & Exterior Foundation Drain (Damp Proofing)Exterior Perimeter Drain to French DrainUnderground Water Barrier RetrofitTreated Sleepers with Rigid Insulationlast_img read more

Hot of the web

first_imgE-love: According to The Wall Street Journal, venture capitalists still love the Net, if only a little less. Investment in Internet companies by venture capital firms fell in the second quarter of 2000 to $14.75 billion, down from $15.39 billion in the first quarter. But that is still more than,E-love: According to The Wall Street Journal, venture capitalists still love the Net, if only a little less. Investment in Internet companies by venture capital firms fell in the second quarter of 2000 to $14.75 billion, down from $15.39 billion in the first quarter. But that is still more than the amount invested in the first half of 1999.Olympic Surprise: Thought the Net was supreme? Well, you have to wait a while: TV still rules, OK? Olympic officials have banned Internet video and audio transmissions from Sydney to avoid usurping TV’s broadcast rights. But you can still track the games through and a host of other sports sites. The exclusive Olympics site at indiatoday. comgoes up soon so watch that space as well.India View: It’s getting better. The Gartner Group’s SHARP (Surfing Habits Advertising Research and Purchase) latest outlook for India (3,000 respondents in seven metros) says it has the highest Net user growth rate in Asia-Pacific. But e-business is still low, with only a little over 2 per cent of users having paid online. Part of the reason is problems with setting up confidentiality of card transactions on the Net. The good news: a fifth of those who haven’t bought anything on the Net say they want to. There was more good news last week from a study on e-commerce by Taylor Nelson Sofres Interactive. Its 27-country survey across Europe, Asia-Pacific and North America ranked India 17 among on-line shoppers, on par with Malaysia and Singapore and ahead of Taiwan.last_img read more