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Spotted: Höegh LNG’s Ninth FSRU Afloat at Hyundai Heavy

first_imgImage Courtesy: Höegh LNGHöegh LNG has shared an image of its ninth FSRU floating at Hyundai Heavy Industries (HHI) shipyard in South Korea. Scheduled for delivery in the fourth quarter of 2018, the FSRU will have a storage capacity of 170,000 cubic meters and a max regasification capacity of 750 MMscf/day.With a gross tonnage of 103,800 tons, the newbuilding will feature a length of 294 meters and a width of 46 meters.As World Maritime News previously reported, the FSRU is intended for the LNG import project in Port Qasim near Karachi, Pakistan, under the 20-year charter contract signed with Global Energy Limited (GEIL).In a separate announcement, Watson Farley & Williams (WFW) informed that Höegh LNG’s USD 230 million debt financing for the company’s eight FSRU has been completed.Slated for delivery in the first quarter of 2018, the company’s eight FSRU is currently being built also at the HHI shipyard.The facility comprises a twelve-year export credit agency term loan of up to USD 150 million backed by Garantiinstituttet for Eksportkreditt and Eksportkreditt of Norway, and a five-year non-amortising commercial bank loan of up to USD 80 million funded by ABN AMRO Bank, Danske Bank, Nordea and Swedbank. The facility is available to fund 65% percent of the FSRU’s delivered cost of with no employment requirement, increasing to 75% upon securing long-term employment.The company currently has seven FSRUs in operation and three FSRUs under construction at HHI and Samsung Heavy Industries.Earlier this month, Höegh LNG informed that its profit for the three months ended September 30 was USD 1.1 million, down from USD 8.5 million in the preceding quarter. The company reported EBITDA of USD 31.6 million for the third quarter, compared with USD 37.7 million for the previous quarter.World Maritime News Stafflast_img read more

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Ivory Coast fight back to deny DR Congo

first_imgCHAMPIONS Ivory Coast twice pegged back DR Congo to earn a 2-2 draw and keep alive their hopes of reaching the Africa Cup of Nations quarter-finals.A clever throw-in routine was finished off by Neeskens Kebano’s low drive to put DR Congo 1-0 up but Wilfried Bony equalised with a powerful header.DR Congo regained the lead just two minutes later when Junior Kabananga headed in.Ivory Coast salvaged a point when Serey Die’s 20-yard shot was deflected in.Salomon Kalou was denied a late winner for Ivory Coast when he volleyed in superbly but the goal was ruled out for offside.The result leaves Group C congested – at least until yesterday’s late game between Togo and Morocco.Ivory Coast teetered on the brink because of some poor defending.They failed to pick up the runs of Kebano and Kabananga for the DR Congo pair’s goals and were also fortunate when Firmin Ndombe Mubele’s shot clipped the post after he had easily held off two defenders.But in Bony they had a serious aerial threat and the on-loan Stoke forward gave a warning when he headed over from a long ball over the top by Serge Aurier. Soon after he powered in a downward header from a corner for his side’s first equalizer.The Ivorian’s second leveller had an element of good fortune as Die’s drive was diverted in off a defender.A tight offside decision then went against Kalou, who had brilliantly volleyed in from Aurier’s free-kick. (BBC Sport)last_img read more

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AFCON 2013:’Special One’ helps Cape Verde coach

first_imgCape Verde Islands coach Luis Antunes will have an advantage over his 15 rivals when the 2013 Africa Cup of Nations kicks off here Saturday.Anxious that his debutants do not suffer the same three-loss humiliation as Botswana and Niger in the previous edition last year, the 46-year-old air traffic controller sought the help of Real Madrid manager Jose Mourinho.The self-proclaimed “Special One” agreed that Antunes could spend one week shadowing him as he went about his work with superstars like Cristiano Ronaldo at one of the most famous football clubs in the world.Mourinho, who has won league titles with Porto, Chelsea, Inter Milan and Real Madrid, was impressed by the man who plotted the downfall of four-time champions Cameroon in a 2013 Africa Cup eliminator.“Antunes is an intelligent coach. He has his own ideas, is well-organised, methodical and ambitious. He is a very good coach,” was the glowing Mourinho assessment of the Cape Verdean.On a sabbatical from his air traffic controller post at Nelson Mandela airport on the island of Sal since 2010, Antunes played down local media comparisons with Mourinho and Brazilian World Cup winner Luis Felipe Scolari. “They are two coaches who operate on quite a different level and can draw on a different realm of experience. The comparison simply is not justified, but I would give anything to be a Mourinho or Scolari,” he told reporters.Antunes, who succeeded Portuguese Joao de Deus as coach after working with national age-limit squads, could hardly have asked for a tougher start at the premier African football competition.South Africa in front of 90,000 hostile supporters, many blowing ear-piercing vuvuzelas (plastic horns) at Soccer City stadium in Soweto, is the task awaiting a Blue Sharks team skippered by veteran defender Nando Saturday.But Antunes is unperturbed and has set his ambitions far higher than damage limitation in Group A against 1996 winners South Africa, former champions Morocco, and Angola.“We are dreaming of reaching the quarter-finals and then, who knows? We might even get to the semi-finals,” he says of a team containing two locals plus barely known footballers scattered across the leagues of Europe. “It is very important to show Africa and the world a good image of the Cape Verde Islands so that people can see the amount of work we have done over the past few years.”With a population of little more than 500,000 on 10 islands 600 kilometres off the Senegalese coast, Cape Verde is the smallest country to compete at the Cup of Nations.But the progress of the Sharks has been remarkable with the team ranked 15 in Africa and 70 in the world by FIFA this week — higher than Morocco (17/74), Angola (19/78) and South Africa (22/85).“Tactically speaking, we have made a lot of progress, we play well as a unit and we fight hard for each other. Everyone comes back to help out defensively,” boasted Netherlands-based defender Guy Ramos.last_img read more

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Anthony Joshua is finished after Andy Ruiz Jr. humbling, Tyson Fury says

first_imgTyson Fury believes Anthony Joshua is “finished” after he was sensationally dethroned by Andy Ruiz Jr. in New York.Joshua was stopped in the seventh round by Ruiz at Madison Square Garden on June 1 after being knocked down four times by the unfancied challenger. The Brit is set to get the opportunity to reclaim his IBF, WBA and WBO heavyweight titles in a rematch with Ruiz, but Fury thinks his compatriot’s best days are behind him.MORE: Watch behind-the-scenes footage of Ruiz’s win over Joshua on DAZN”When a man doesn’t want to be there once, he will always do it and it’s hard to come back from,” the former heavyweight champion, who will face Tom Schwarz in Las Vegas on Saturday, told BBC Sport. “He did it that night and I don’t think he will come back from it. Finished.”Ask any top trainer who has been around the sport a lifetime. When he got to the ring I saw he didn’t want to be there.”Everybody thought that man could beat me. In what world could he ever beat me? What were people seeing? I don’t know what people were looking at as I don’t know in what world he could have beaten me.” Riding the wave pic.twitter.com/lUD0Si9gv3— Anthony Joshua (@anthonyfjoshua) June 8, 2019Fury added: “Physically Joshua could out-train everyone. He would break every heart monitor, has probably worn out every treadmill in the gym, smashes the bag, it’s all very unimportant.”Boxing isn’t rocket science and today people are trying to make it a scientist thing. If you can fight, you can fight, if you can’t, you can forget about it. You can eat every protein bar in the world, when you get banged on the chin and panic, it don’t really help you much.”People who don’t understand boxing look at a fat man and think he can’t fight. The best feeling I got from it was the two best-conditioned fighters in the last 20 years have been [Wladimir] Klitschko and Joshua and they both got done by two fat men.”last_img read more

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