SOMIS – Six days after a small plane crash that killed two members of a family of four, the family’s missing dog was found alive by the same pair of teenage brothers who first helped the survivors. Family friends had been searching for Lindsey, a 9-year-old Dalmatian who had been on the plane but was not found at the crash site. Rene Herrera, 17, and his brother Edgar Herrera, 15, had returned to the scene 35 miles north of Los Angeles Friday to show friends the place where they had pulled Robert Santoro, 43, and his 7-year-old son Dawson away from the flaming plane July 1. The brothers and their friends saw Lindsey in a ditch. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2“We all started running towards the dog,” Rene Herrera said. “We all took turns cradling it like a baby and we took it home.” The dog had a ruptured diaphragm and a broken leg, and underwent surgery at a Santa Barbara animal hospital. Robert Santoro, who was flying the plane and was thrown from the aircraft along with Dawson before it came to rest, remained in critical condition in a Santa Barbara hospital after nearly having his leg severed in the crash, authorities said. – City News Service
An 84-year-old retired Donegal farmer and cancer survivor has picked up a EuroMillions Plus winning cheque for €500,000 from National Lottery headquarters.Charlie Meehan, 84, from Manorcunningham, was one of two EuroMillions Plus winners who claimed €1 million between them on the same day.Charlie, who decided to go public with his win, purchased his golden ticket at Barclay’s Newsagents in Raphoe for the EuroMillions Draw on February 5th. Speaking from the National Lottery Winners Room with family members by his side he said: “It is nearly three weeks since I won this prize and it hasn’t had any great effect on me at this stage! I had cancer of the bladder in 2012 and spent several weeks in hospital. Thankfully I am still clear of cancer and that to me is more important than any money. This is the icing on the cake for me.”Charlie said he checked his numbers on teletext on the night of his big win.“I couldn’t believe it. I wanted to be absolutely sure so I woke my daughter Ann who was asleep in bed. She got an awful fright at first when I woke her up. She checked the numbers online and confirmed the win. “Charlie, who has three children and four grandchildren, then woke his wife Ruby and told her they had come in to some money. “Her immediate reply was ‘How much’” he quipped! Asked what he plans to do with his winnings he said: “There are a few women around the house who have their ask in! This will give us more comfort and I will look after my family. But nothing can compensate you for your health and once I am well I am happy.”Charlie finally get his hands on his €500k lotto cash was last modified: February 26th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Charlie Meehandonegallottowinner
SummaryRather than using a third-party service or plugin, Twitter makes it straightforward to add a Twitter timeline to your site in five quick steps. I’ve used plugins in the past to add a timeline to WordPress sites, the Twitter publish tool is so much easier. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Like this:Like Loading…RelatedHow I’m Migrating My Storify StoriesWhen Storify announced in late 2017 they were closing down, I wasn’t too surprised. I had been an early adopter of Storify, using it to curate events, talks, and conferences since 2011. Storify had a drag-and-drop interface that made it easy to add tweets, Flickr photos, posts, and other online…In “Blogging”10 Ways to Improve Accessibility on Websites and Social MediaWhen I chatted about accessibility with other attendees at WordCamp Denver 2018 this weekend, I shared some of my tips and blog posts on how they could improve accessibility on their websites. After one conversation, they thanked me for the recommendations, and asked if I had a summary post that…In “Accessibility”5 Tips for Promoting Your Website LocallyAfter months of planning and hard work, you’re thrilled to launch your website. Your web designer created a great-looking site that’s easy to use and works well on desktop and mobile. Your site’s been submitted to search engines, Google Analytics installed, and Google Webmaster Tools set up. You’re not ready…In “Web design” In the past, adding a Twitter timeline to your website required you to log in to your Twitter account and connect it/provide permissions to a third-party plugin or service that provided the special code to add to your site.Or you would log into your Twitter account to create a widget to add to your site. And hope that the code provided would work on your site. Neither option worked well if you were a designer or developer creating a site for a client. You needed to walk your client through the steps to get the information. Or ask your client for their Twitter login credentials. Thankfully, Twitter has made it a lot easier to embed Twitter on your site.No more setting up a third-party service or logging into a Twitter account! Use Twitter Publish to Embed Twitter Timeline on Your WebsiteUsing the Twitter Publish tool, you can quickly get the embed code to add to your site. Here are the steps:Visit the Twitter Publish toolEnter the full URL for the timeline you want to embed. I entered my Twitter URL: https://twitter.com/redcrewSelect the display option you prefer: Embedded Timeline or Twitter Buttons. I selected Embedded Timeline.If you want, you can configure customization options for color, size, default link color, and language.The Twitter Publish tool displays the code you need to copy and paste into your site, along with a snapshot of how the timeline will display.
The quid pro quo was that Qantas took over the aircraft’s expensive maintenance.The actor put the plane up for sale several years ago and decided to donate it after an approach from HARS.Bringing the aircraft back to Australia is a costly exercise and anyone keen to support the project can make a tax-deductible donation. The email is HARSInfo@hars.org.au. John Travolta with his 707 in Sydney during a visit some years ago. New photos have emerged of a quick visit by movie star John Travolta to the future home of his donated Boeing 707-138 in November during an Australian speaking tour.The surprise visit to the Historical Aircraft Restoration Society at Albion Park, south of Sydney, saw the aviation enthusiast take a flight on the society’s restored Lockheed Super Constellation, affectionately known as Connie.READ: American app now scans your passport chip.Travolta has donated his ex-Qantas Boeing 707 to HARS and the aircraft is currently in Brunswick, Georgia where it is being prepared for the flight to its new home at newly renamed Shellharbour Airport early next year.The latest HARS newsletter said the movie legend met many HARS volunteers and visitors and enjoyed a tour of the museum before going for the flight on the Constellation.Hollywood legend John Travolta with “Connie”. Photos: M. Keech courtesy of HARSThe 737 was originally scheduled to arrive in November but was relocated to a hangar in Brunswick while work was done to comply with an Airworthiness Directive relating to the attachment fittings for the aircraft’s four engines.The plane, which started life as VH-EBM, is the last of 13 707s specially built for Qantas and known as “hotrods”.The Boeing 138B was about 10ft shorter than the standard 707 to give it better airfield performance and range.Travolta’s aircraft was delivered to Qantas in 1964 and sold to Braniff International Airways in 1969.It was converted to a VIP jet in 1973 and had a number of owners, including singer Frank Sinatra and billionaire Kirk Kirkorian.Travolta first came into contact with it while filming “Get Shorty” but had to wait three years before it hit the right price in 1998.Travolta bore the cost of maintaining the aircraft for the first four years, before striking a deal with then Qantas chief executive Geoff Dixon to paint the plane in Qantas colors and come on board as the airline’s ambassador.
Top Reasons to Go With Managed WordPress Hosting A Web Developer’s New Best Friend is the AI Wai… Tags:#Events Guide#news#web Related Posts Why Tech Companies Need Simpler Terms of Servic… rick turoczy 1 8 Best WordPress Hosting Solutions on the Market In the United States, the Macy’s Thanksgiving Day Parade – now in its 82nd year – is a traditional Thanksgiving morning activity. And while everybody loves a parade, few people love the so-called “witty repartee” of the anchors hosting the parade coverage. If only there were some way to see all of the inflated commercial icons and marching bands without having to suffer through commentary.Thankfully (pun intended), Webware is reporting that EarthCam may have the answer. Tomorrow, beginning around 9:30 AM Eastern time (GMT -5:00), the company will be streaming the Macy’s parade from seven live cams. Only one of those cameras will have audio – and it doesn’t appear that there will be any hosts to detract from your experience.This also provides an interesting opportunity for our non-US-based readers to get a glimpse into some of the strange goings-on of their American counterparts. No doubt, it will provide more insight into the US culture than we care to divulge.The video is Windows Media based, so if you’re on another platform, you’ll need to have the appropriate plugins installed prior to viewing. And another thing, this appears to be traditional traffic cam technology, so take the “streaming” description with a grain of salt. It gets pretty choppy on some of the views. To get an idea of what’s in store, you can view previous years’ parades, like this one from last year. To tune in, visit EarthWeb’s Thanksgiving 2008.(Thanks to the_wb for allowing us to use the balloon image under Creative Commons.)
At some point in your retail loss prevention career, if you haven’t done so already, you will be called upon to help make procurement decisions on new technology, such as electronic article surveillance (EAS) or video surveillance. While you may be most interested in the features, functions, and benefits of the technologies, your CFO will be more interested in the oft-used cliché, “bang for the buck.” So, how do you calculate ROI in retail?This post explains the financial concepts required to conduct a cost vs. benefit analysis, as well as a full-fledged return-on-investment (ROI) analysis. It will also provide insight into the process by which your CFO decides the following key questions:What type of analysis (simple or complex) should be used?What are the costs and benefits associated with this project?How long will it take before the costs are recovered?Will the project turn a profit? If so, how much?How does the profitability of this project rank against all others?What Is ROI Analysis?Simply stated, an ROI analysis determines the amount and rate (percentage) of anticipated or earned profit, if any, from an investment. A pro forma analysis is conducted in the planning stages of a project using cost and benefits estimates. The idea is to calculate an expected or anticipated return based on well-reasoned assumptions. ROI analysis is also used after a project’s implementation in order to calculate the actual return and to see whether or not the investment met financial expectations.- Sponsor – There are basic and comprehensive analytical methods. The basic methods simply calculate a time horizon for cost recovery (payback) in months or years, or a simple return on investment percentage (what percentage of the cost will be, or has been, recovered). Payback ignores the concept of the time value of money, meaning a dollar that you have in your hands today is worth more than the promise or expectation that you will receive a dollar in the future. Payback also ignores any costs or benefits beyond the first year. Because of these limitations, we will not employ a payback calculation in this analysis.The more sophisticated and accurate calculations, often called discounted cash flow methods, try to encompass the following items and concepts:All fixed and variable costs and benefits, no matter when they occur,ROI measured against a prescribed time horizon, such as a five-year depreciation schedule,Taxes, opportunity costs, and the time value of money, andROI results compared to a benchmark or “hurdle” rate (a rate of return below which the project will be rejected).Net Present Value. Discounted cash flow analysis is a method of valuing a project using the concepts of the time value of money. All future cash flows (incoming [benefit] and outgoing [cost]) are estimated and discounted at a required rate of return to give their present value. The sum of all discounted cash flows covering the time horizon is the net present value (NPV). A zero NPV means the project repays the original investment and covers the required rate of return—essentially a breakeven. A positive NPV indicates a profit (over the required return), and a negative NPV indicates a loss. In capital budgeting, the discount rate used is called the “hurdle rate” and is usually equal to the incremental cost of capital. The ROI on a project must exceed the hurdle in order to be judged worthy of an investment. When choosing among a number of investments, the CFO looks for the highest NPV.Internal Rate of Return (IRR) is the rate promised by the project over its useful life. It is sometimes referred to as “yield on project.” The IRR is the discount rate that will cause the NPV of a project to be zero. Once the IRR has been calculated, it is compared to the company’s required (minimum acceptable) rate of return. If the IRR is equal to or greater than the required rate of return, then the project is acceptable. If not, it is rejected. Often, a retailer’s cost of capital is used as the required rate of return. The logic is that if a project cannot provide a return at least as large as the cost of the investment, then it is unprofitable.Both NPV and IRR are readily available formulas in spreadsheet programs. There is no need to calculate them by hand.Why Is ROI Analysis Important?First, an accurate return-on-investment analysis prohibits unprofitable decisions. A well-reasoned, thoroughly researched financial justification tends to inhibit emotional decisions, and promotes “buy-in” for the project, and helps the loss prevention department make a professional case to senior management for accepting and implementing new technology for retail stores.Quantifying Costs and BenefitsProper ROI analyses start with a thorough compilation of all costs and benefits that could possibly be associated with the proposed project. While each project may be different, the costs can be divided into three categories—investment, one-time preparation, and other.The main investment is the cost of any hardware or software licensing fees. These costs will most likely be depreciated (hardware) or amortized (software) over a fixed time horizon established in our generally accepted accounting principles (GAAP).One-time preparation costs include sales taxes, freight charges, and the cost of site preparation and installation. These costs are added to the total investment for depreciation/amortization purposes.Other costs include such things as the labor required to operate or manage the project, maintenance, IT expenses, or any other incidental expenses. These costs may be one-time or annual, fixed or variable. Generally, they are not included in the investment, but are “expensed,” meaning they are accounted for in full when they are incurred.A “hard” cost, such as the cost of the EAS tags or other retail theft prevention system, is objective and easily acknowledged and quantified. All hard costs and benefits should be included in the ROI analysis. “Soft” costs/benefits are those that are more subjective estimates rather than precise calculations. For example, an anticipated improvement in labor productivity may not be as easily acknowledged and quantified. The most accurate ROI analyses rely upon “hard” costs as exclusively as possible and only include “soft” costs where the circumstances can be clearly understood and agreed upon by the project participants.Measuring the Major BenefitsThe “R” in ROI means return. A return is a tangible benefit, most often measured over time, which offsets some or all of the project’s costs. Each project has its own list of potential benefits. The most common benefit types in projects that implement new technology for retail stores are:Reduction in inventory shortage,Labor savings,Additional sales, andProductivity improvementA reduction in inventory shortage is usually the largest and most important potential benefit from loss prevention investments. If you think about it, we are making investments in security programs with the intention that shortage will be reduced from current levels, or that the countermeasures will keep shortage from rising to unprofitable levels. Shortage reduction and control is loss prevention’s raison d’être. We must be able to accurately estimate the impact that the project will have, or has had on shortage.The shortage performance graph below plots the inventory shortage results in a retail apparel store that had experienced a significant increase in shoplifting. After installing EAS, the results were measured after the first year, and future results were estimated over the balance of a five-year time horizon (years +2 through +5). In this example, EAS is the only countermeasure that was used, so any change in shortage can be directly attributed to its deterrent qualities. The horizontal (X) axis measures time, in years, and the vertical (Y) axis measures shortage as a percentage of sales. Under this scenario, shortage had been rising and the crisis point (year 0) was reached when shortage reached 5 percent of sales. EAS was installed at the end that fiscal year (year 0) directly after the annual inventory was taken. At the end of the first fiscal year of EAS usage (year +1), shortage dropped by 50 percent to 2.5 percent of sales. Management assumed that shortage would remain at the lower level over the rest of the time horizon.The dollar value of the reduction in shortage over the five-year time horizon is the financial benefit that will be entered into ROI calculation for the project. Assume that the store’s annual sales are $1 million. Assume further that shortage would have stayed at its crisis point of 5 percent (dotted red line) had EAS not been installed. Without EAS, annual shortage would be $50,000. Since the EAS installation, annual shortage dropped to 2.5 percent ($25,000), and with proper management, would remain at that lower level over the subsequent four years. So, the financial benefit gained by the use of EAS is the difference (at cost) between the shortage at the crisis point before the installation (5 percent) and the average rate of shortage after the installation (2.5 percent)—a savings of $25,000 at retail per year.To arrive at the cost of shortage, we must multiply by the cost of goods sold (COGS), in this case 55 percent. By “costing out” the change in shortage, we are treating it (accounting-wise) the same as we treat the cost of the EAS equipment, making the results “apples to apples.” This calculation will be shown later in the real-world example.Additional sales may be generated in other ways. If an EAS investment reduces shortage by 50 percent, there will be more merchandise available for sale than there was before EAS was installed. Will some of these items be sold? Without a doubt. The questions are:Can the amount of incremental sales be accurately estimated?How are incremental sales valued in the ROI analysis?Thanks to the work of retailers and academic researchers, studies have shown that there is an inverse relationship between item-level shortage and sales. In other words, statistics show that when shortage in certain items decreases, sales in those items increase. The range of the sales increase is wide, and at this point this type of benefit has to be considered “semi-soft,” meaning that while there is empirical proof that incremental sales occur, the estimate is still subjective, unless the retailer has conducted its own study. For this reason, an estimate of the impact of incremental sales will not be used in the real-world example analysis below.Calculating the financial benefit of an incremental sale, however, is straightforward. Doing so requires an additional piece of information—the “gross margin” percentage of the items in question. Suppose the EAS project results in provable incremental sales of $50,000 per year at retail, and the gross margin percentage of those items is 19 percent. To calculate the gross margin impact of the incremental sales, multiply them by the gross margin percentage ($50,000 x 19% = $9,500). This gross margin impact is the financial benefit that would be included in the ROI analysis.Labor savings can be included when an investment in technology results in a reduction in labor hours. Labor savings is a “hard” benefit that is calculated by multiplying a wage rate by the number of hours saved in the project. Typically, if labor hours are reduced, then employee benefits are reduced, as well. Often called a “benefits component,” it is usually expressed as a percentage of the base wage rate. Ask your human resources department for the rate.If the benefit component rate is 18 percent, and the hourly base wage rate is $10.00, then the benefit component is $1.80 per hour, and the “fully burdened” wage rate is $10.00 + $1.80 = $11.80. If the investment saves 120 hours of labor per year, then the labor savings benefitin the ROI analysis is $11.80 x 120 or $1,416 per year.Productivity improvement comes in many forms, but is not easily quantified. Suppose that an investment in video surveillance equipment allowed loss prevention agents to apprehend 15 percent more shoplifters per year than previously. Suppose further that the average value of each bust was $75.00, at retail, in recovered merchandise, and the number of annual cases had been 80 per year. A 15 percent increase in productivity allows the agent to work about twelve more cases, and results in an additional recovery of $900 at retail per year. Multiplying the amount of the recovery by the COGS of the items (55 percent) provides a benefit of $495 to the ROI analysis.How Do You Calculate ROI in Retail? A Real-World ExampleThe following simple real-world example will supply the data necessary to explain the analytical concepts discussed above.Suppose the management of the apparel chain mentioned above is trying to decide between installing EAS or video surveillance in a high-shortage store. The choice is between a simple EAS pedestal system with plastic tags and detachers versus an array of video domes interconnected to a monitor/switcher/recorder…nothing fancy. Suppose that the chain already used both countermeasures, and EAS has been proven to reduce inventory shortage by 50 percent and video by 35 percent. Assume, as we did above, that the store’s shortage is 5 percent of sales, and annual sales will be $1 million per year for each of the five years. The COGS for the protected items is 55 percent. The various costs have been identified and quantified in the chart:Shortage Reduction Benefit Calculation. In the EAS example, management expects shortage to decrease by 50 percent from 5.0 to 2.5 percent of sales and remain at the reduced level for the five-year time horizon of the project. The annual sales for the store is $1 million and the COGS for the protected items is 55 percent, so the annual ROI benefit from the estimated reduction in shortage is $13,750 per year.In the video surveillance example, management expects shortage to decrease by 35 percent from 5.0 to 3.25 percent of sales and remain at the reduced level for the five-year time horizon of the project. The annual sales and COGS are the same, so the annual ROI benefit from the estimated reduction in shortage is $9,625 per year.Choosing the Most Profitable Investment. Let’s calculate NPV and IRR for the competing technologies in our real-world example to answer the CFO’s questions from the opening paragraph:Will either countermeasure be profitable?Which one is more profitable?How long will it take to recover the investment?EAS—The annual benefit (at cost) from shortage reduction using the EAS technology is $13,750. From that we must account for all of the costs, beginning with the initial investment in EAS system, tags, and detachers, a total of $9,200. One-time preparation costs are $1,250. Both of these items must be depreciated. Annual costs include tagging and tag removal labor ($4,800) and tag replacement ($100). In years two through five there is an additional expense of $200 for maintenance. In addition, the impact of taxes (39%) and the cost of capital (8%) must be included. The results of these calculations are:Video Surveillance—The annual benefit (at cost) from shortage reduction using video technology is $9,625. From that we must account for all of the costs, beginning with the initial investment of $3,000 in the video domes, monitors, switchers, and recording device. One-time preparation costs are $1,010. Both of these items must be depreciated. Annual costs include system management labor ($6,000). In years two through five there is an additional expense of $100 for maintenance. In addition, the impact of taxes (39%) and the cost of capital (8%) must be included. The results of these calculations are:The Verdict Is EAS. Both countermeasures are profitable because the NPV calculations are greater than zero. The IRR calculations suggest that both generate a significant return over and above the 8 percent cost of capital used as the discount rate. Note, however, that the NPV for EAS ($15,400) is almost triple that of video ($5,900), and the IRR for EAS (65.08%) is almost 10 percentage points higher than that of video (55.12%).Based on these metrics, EAS is the countermeasure of choice. There are a couple of reasons. First, the assumed shortage reduction for EAS (50%) exceeded that of video (35%). Second, the annual costs for video in years two through five are higher.This article was originally published in 2010 and was updated February 19, 2018. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox. Sign up now
Lodging marketplaces that provide a platform for short-term rentals must register with the Wisconsin Department of Revenue for a license to collect sales and use taxes. This applies to taxes imposed by the state on short-term rentals and also to local room taxes.In addition to applying for the license, a lodging marketplace doing business in Wisconsin has to:register for a seller’s permit;contact each Wisconsin municipality where it makes short-term rentals to see if additional registration is required;collect state sales and use taxes from the occupant and forward them to the department;collect local room taxes from the occupant and forward them to the municipality; andnotify the short-term rental owner that the taxes have been collected and forwarded.The department’s notice is available at https://www.revenue.wi.gov/Pages/TaxPro/news-home.aspx.News for Tax Professionals, Wisconsin Department of Revenue, November 3, 2017Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.
Heading into our fifth installment of the “What’s Good in My ‘Hood” series, we’ll like to introduce you to one of Philly’s most beloved neighborhoods, Graduate Hospital. A part of Southwest Center City, “G Ho”, as it’s affectionately called, was named after the medical facility on the northern tip of the neighborhood. Characterized by a mix of an old meets new vibe in its architecture, the neighborhood is littered with many pubs, small parks, shops and galleries. It’s easily walkable and just steps from Rittenhouse, Fitler Square and Point Breeze neighborhoods. So, we asked Philadelphia resident, graphic artist and photographer, Darnell Lamont, what he thinks of his ‘hood. Philly 360° Q&A with Graduate Hospital resident Darnell Lamont …Powered by Cincopa Video Hosting for Business solution. Darnell’s Graduate Hospital Itinerary: Miles Table – 1620 South St.Pure Fare – 1609 South St.Honey’s Sit N’ Eat – 2101 South St.Art Sanctuary – 628 S 16th St.Bob & Barbara’s – 1509 South St.Sidecar Bar & Grille – 2201 Christian St.Grace’s Tavern – 2229 Grays Ferry Ave. Philly 360: How do you describe Graduate Hospital? Darnell: A great place to chill and just be. Philly 360: What are some of your favorite spots in your hood? Darnell: Miles Table and Pure Fare on South Street are great places to go and refuel/ take in some good food. Honey’s Sit N’Eat is a must for Saturday and Sunday brunches. You can also catch me taking in art from local artists at Art Sanctuary. Philly 360: What do you like about the neighborhood? Darnell: G Ho is such a convenient neighborhood to live in. I’m always on the go so it’s easy for me to get to where I need to be in a short period of time. I can pretty much walk anywhere because it’s right outside of Center City and other neighborhoods. There’s also a great mix of people that live here. Philly 360: For outside visitors, what should people know about the neighborhood? Darnell: The neighborhood is unpretentious and easily walkable. Imbibe in some drinks at a great pub and then take a walk around the block. Trust me — you’ll have a lot of fun doing that! What’s Good In My ‘Hood: Darnell Lamont, Graduate Hospital(J. Lowe for Visit Philadelphia)
New LNG Carrier to Edge Out Current Record Holders At 270,000 cbm, the new carrier would trump the Samsung Heavy Industries-built Q-Max LNG carriers, which have a stated capacity of 266,000 cbm.The People’s Republic of China is on track to become the world’s largest gas-importing country, and the nation’s recent surge in demand for gas has been central to transforming LNG markets globally, DNV GL said in its 2019 outlook for the LNG market.According to DNV GL’s data, the country imported 37.8 million tons of LNG in 2017 and this has climbed to more than 54 million tons in 2018, an increase of 42 percent. In light of the country’s “protecting blue sky” campaign, it is forecasted that the demand for LNG in China will continue to grow at a high level, and it is expected to exceed 100 million tons by 2030.Shanghai alone imported a record 600 million cbm of LNG in January 2019, requiring six 170k vessels. This is why Hudong-Zhonghua and DNV GL are starting the project to develop an ultra large LNG carrier capable of transporting enough LNG to provide gas for 4.7 million Shanghai homes for a month. This could be done 25-30% more efficiently than with a 170,000 cbm vessel, according to DNV GL. In addition, a single 250k vessel would increase terminal capacity by 50% without expanding the size of the terminal. zoomImage Courtesy: DNV GL Hudong-Zhonghua Shipbuilding, the sole builder of China’s large LNG carriers, has teamed up with Norwegian classification society DNV GL for development of what the company said would be the world’s largest LNG carrier.The state-run shipbuilder said on April 2 that it started a joint development project with DNV GL for a 270,000 cbm LNG carrier.The two sides have also entered into an agreement to class a 15,000 TEU boxship that would be converted to LNG propulsion.While the shipbuilder did not specify, the boxship in question could be the Hapag-Lloyd-operated Sajir. The two sides signed an agreement for the LNG retrofit in late January 2019.Both agreements were signed during the LNG2019 exhibition in Shanghai.
Michel B. Jordan once got star struck upon seeing Michael Jordan. (Catherine Steenkeste/Getty Images/Tim P. Whitby/Tim P. Whitby/Getty Images)Michael B. Jordan has always had fame tied to his name. Without the B, he’s easily confused for NBA great Michael Jordan. Though the two have never met, the “Black Panther” star currently has no interest in changing that anytime soon.“I never met Michael Jordan,” the actor said in the May issue of Men’s Health. “I never want to officially meet him until I’m at a point where he knows who I am and I know who he is. And it would be our mutual respect thing. Until then it would just be a ‘this guy has your name, ha ha.’ I don’t want that. So that pushes me to keep working too. These things motivate me.”Still, it’s not like Jordan hasn’t been close to having an official meeting with the sports icon. He told The Wall Street Journal in January that he saw the baller at NBA All-Star Weekend once and got star struck. And the person who had that effect on Jordan is part of something else that motivated the actor growing up.“I’m competitive. I want to compete in anything I do. That came from my name,” the star of the upcoming big screen adaptation of “Fahrenheit 451” said. “Growing up in sports and having a name like Michael Jordan and being teased, I had to compete. I couldn’t be the guy with the name and not be good at it. That carried over to everything. I’m like, I’ve got to be just as great if not greater than he was in his field.”While Jordan’s reasoning for not wanting to meet MJ just yet may be compelling to some, several Twitter users remained largely unimpressed.“Surprising considering they both chase after White Women,🙄” a user said.“M’kay,” someone else simply tweeted.“Weird,” another said.“What?!?” someone more enthused exclaimed.