OPT will redeploy the leased PB3 PowerBuoy to provide power to systems on an unmanned, decommissioned gas production platform. (Credit: Ocean Power Technologies, Inc.) Italy-based oil and gas company Eni has extended its lease of Ocean Power Technologies’ PB3 PowerBuoy for an additional 18 months.The PB3 PowerBuoy integrates OPT’s technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves.The leased PB3 PowerBuoy will be redeployed to provide power to systems offshore Italy in the Adriatic Sea on an unmanned, decommissioned gas production platform, following more than one year of continuous maintenance-free operation as part of autonomous vehicle charging pilot project.OPT stated that the offshore platform conversion project is considering the potential of future ecologically sustainable life-extension strategies for oil and gas platforms at the end of their productive phase.The project will evaluate the platform value to the ecosystem if left in place, in addition to the feasibility of integrated aquaculture farming, recreational, and other uses.OPT president and CEO George Kirby said: “Eni is a leader in seeking sustainable business processes for the oil and gas sector. Eni’s continued confidence in the PB3 is a bellwether for offshore industries seeking to decarbonize operations while also reducing risk and operational costs.”PB3 PowerBuoy will be relocated off Italy’s Abruzzo region coastline in July 2020In July 2020, the PB3 PowerBuoy will be relocated off Italy’s Abruzzo region coastline.Deployed in December 2018, the PB3 PowerBuoy has revealed its capability as a charging and communications platform to facilitate the long-term remote operation of Eni’s Clean Sea AUV, the company stated. Since being deployed it has produced more than 2MWh of electricity.Kirby added: “Our commitment to superior products and service leads to the development of innovative solutions for additional challenges our customers face.“We applaud Eni’s vision and understanding of the adaptability of the PB3 PowerBuoy® power and communications platform for myriad offshore applications.” The leased PB3 PowerBuoy will be redeployed to provide power to systems offshore Italy in the Adriatic Sea on an unmanned, decommissioned gas production platform
Wärtsilä designed the modules and sourced the required equipment that includes valves and instruments, from suppliers around the world The Wärtsilä modules, here being moved onto a barge, were delivered from the Cosco yard to arrive in Shanghai in time for the scheduled launch of the vessel. (Credit: Logistic Plus) Finland-based technology company Wärtsilä has announced that it has successfully managed and delivered the three regasification modules for Floating Storage Regasification Unit (FSRU) in China.The vessel, named ‘Transgas Power’, was constructed at the Hudong-Zhonghua shipyard located in Shanghai for Greek operator Dynagas.The new modules are designed and the required equipment that includes valves and instruments are sourced from suppliers around the world.In September 2018, the contract to fabricate the units was awarded to the Cosco shipyard in Qidong, China.Wärtsilä said that the work on the contract has been managed and coordinated from its office in Asker, Norway.Floating Storage Regasification Unit comprises three trainsWärtsilä Marine Gas Solutions project manager Geir Kirkemo said: “Building Regas modules is something of a jigsaw puzzle. However, thanks to detailed planning, excellent teamwork, open communication, and great cooperation we delivered the project to the client’s full satisfaction and on schedule.“We always aim to be the best possible partner to our customers, which apart from offering technical solutions at the highest level, involves listening closely to the client, and striving always to fulfil his expectations.”The three regasification modules, which are weighing 450, 80, and 240 tonnes, have been delivered on 28 March while the FSRU was launched two days later.Wärtsilä has also delivered the related regasification equipment that includes pumps, heat exchangers, valves, and instrumentation for installation in the engine room.The regasification modules delivered for the China’s first new built LNG FSRU are based on the use of seawater and steam as energy sources, and water/glycol as the energy carrier in a combined loop.Wärtsilä had signed the original contract in September 2017.
Home » News » Marketing » City analyst names agents involved in portal juggling previous nextMarketingCity analyst names agents involved in portal jugglingDetailed report into practice by respected Jefferies Group reveals practice to widespread but more prevalent among hybrids.The Negotiator24th March 201701,703 Views A leading City analyst has released an incendiary report into portal juggling, warning investors that many agents including dozens of high street names use it to appear busier than they are on Rightmove.Well-known names on the lists include many of the UK’s high profile agents including Countrywide, Foxtons, Chancellors, Humberts and Kinleigh Folkard & Hayward while the online-only and hybrids agents highlighted include HouseSimple, eMoov, Yopa, Purplebricks and Tepilo.The report, which was compiled with the help of Robert May’s Rummage4 software, also reveals that although portal juggling is widespread across the industry, it is more prevalent among hybrids than traditional agents.Research by Jefferies Group LLP, which has 3,300 employees and offices in 30 cities across the world, reveals that although hybrid agents have 4% of the market, they account for nearly a third of the top 50 juggled properties.Of all agents that have juggled ten or more properties, hybrid agents account for 41% of all juggles while traditional agents, who have 96% of the market, account for 59% of juggles.The Jefferies report also reveals that Purplebricks has a sale agreed/listing ratio of 89.5% in contrast with Countrywide’s 60.2%, LSL’s 50.6% and Foxtons’ 48.8%, and asks whether portal juggling is helping Purplebricks achieve such stunning figures.Jefferies says it is looking into this question, but in the meantime has published a list of what it says are the UK’s top 50 portal juggling branches and agents, as well as examples of juggled properties including a two-bedroom, end-of-terrace home in Worcester Park, south London marketed by Barnard Marcus. Jefferies says its status changed 52 times between 11 December 2016 and 3 March 2017.In the report Jefferies defines juggling as status changes between For Sale, Under Offers and SoldSTC, relisting, dopplegangers where a property is listed twice and properties that are listed for only short periods.Read the full report.Jefferies Group ‘portal juggling’ March 24, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021
Home » News » Quadrupling of complaints against rogue estate agents leads to £270k boost for Trading Standards previous nextRegulation & LawQuadrupling of complaints against rogue estate agents leads to £270k boost for Trading StandardsBudget for Estate Agent Team raised to nearly half a million a year to combat rising case load.Nigel Lewis3rd September 201801,471 Views The government has given the UK’s estate agency trading standards team an extra £270,000 a year to crack down on rogue operators, taking its overall budget to nearly half a million.Since its first year of operation in 2014 the number of complaints to trading standards about rogue estate agents has quadrupled.In 2014/15 it processed 109 complaints about agents compared to 459 this year. The number of prohibition or ‘banning orders’ has risen from seven to 16 over the same period.The extra cash is to help the National Trading Standards Estate Agency Team (NTSEAT) hire more staff to hold agents to the highest standards of professional conduct and ban more rogue agents.NTSEAT’s workload is processed by just four full-time dedicated staff including team leader James Munro plus one part-timer and a clutch of contracted investigators and solicitors.KidnappingTheir work includes policing a surprisingly wide range of activity including, according to its most recent annual report; insider trading, kidnapping, fraud, theft, violence, and breaches of the Estate Agents Act such as failing to declare a personal interest in propertyAs well as rooting out more rogue agents, NTSEAT’s new cash is also to ensure agents are more transparent about the referral fees they pass on to solicitors and other recommended third-party suppliers and also to improve the new homes sales process.“Making the housing market work is about more than just building homes, but helping hard working families buy and sell with confidence,” says Heather Wheeler (left), the Parliamentary Under-Secretary of State for Housing and Homelessness.“This new funding will help ensure all estate agents are held to a high standard, reducing stress for people when making one of the most important purchases in their life.”NTSEAT is run by Powys County Council with support from Isle of Anglesey Council and took over the functions of the Office of Fair Trading in relation to the Estate Agents Act 1979 from the beginning of April, 2014.Read more about rogue estate agents. September 3, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021
Swindon Borough Council has granted detailed planning permission for the first homes to be delivered by the joint venture company set up to create around 3,000 new homes at Wichelstowe, south of Swindon.Work on the first phase will shortly begin, next to the canal and adjacent to Waitrose supermarket and the new Deanery CE academy secondary school. The phase, named Canalside, will include one, two, three and four bedroom homes.The joint venture company is a 50:50 partnership between Swindon Borough Council and Barratt Developments PLC.The scheme, on a 250-hectare area of land, will deliver the new homes over the next 20 years and includes two primary schools, a secondary school and an extensive area of open space. Homes will be marketed by David Wilson Homes and Barratt Homes on behalf of the Joint Venture partnership.More than 1,000 jobs will be supported by the scheme and the first residents will move in next year.Councillor Gary Sumner, Swindon Borough Council’s Cabinet Member for Strategic Planning, said, “Full planning approval marks a significant step forward for the development at Wichelstowe and enables work on the first phase to get underway and provide much needed housing in the Borough. I am delighted.”Wichelstowe Swindon Borough Council Swindon David Wilson Homes Joint Venture partnership Councillor Gary Sumner new homes Barratt Homes June 20, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Land & New Homes » New community approved in Wichelstowe previous nextLand & New HomesNew community approved in WichelstoweThe Negotiator20th June 20190247 Views
Home » News » Agencies & People » Online lettings agency pioneer Upad shuts up shop previous nextAgencies & PeopleOnline lettings agency pioneer Upad shuts up shopThe ten-year-old business that pioneered the online-only lettings business model has thrown in the towel and is no longer accepting new business from landlords.Nigel Lewis14th October 201903,068 Views One of the UK’s most established and well-known online-only letting agencies, Upad, has revealed that it is closing its doors to new business.Its homepage no longer features any of its products or services and instead redirects visitors to a page revealing that it is ‘no longer accepting new business’. It also thanks past customers for their support.Upad has pioneered the online-only lettings model since it was established in 2008 by its CEO and portfolio landlord James Davis (left) who, until the arrival of competitors such as OpenRent and Howsy, was one of the most high profile digital disruptors in the lettings market.For many years Upad was also the largest online-only lettings agency in the UK and recently claimed to have been used by 12,500 landlords and listed 30,000 properties. It is claimed that 450 landlords will be affected by Upad shutting up shop.The company’s announcement reveals that both tenants and landlords using its service who have entered into tenancies arranged through or managed by Upad should contact each other directly to work out future arrangements.RefundsLandlords who paid Upad for a tenant find service after 1st October will be able to claim a refund, but those who paid before that date will not.“This will be a particularly difficult and sensitive time for Upad and their clients and so I have sent the James Davis an email offering our full support to him and his landlords and tenants,” competitor Jonathan Daines of LettingAProperty.com has told The Negotiator.“We are currently putting together a Upad Client Support service to continue their services with as little disruption to their landlords and tenants as possible.”In September last year the company significantly altered its fee structure to a basic £149 find a tenant service, hoping to then upsell more services that landlords could bolt on.LettingAProperty Jonathan Daines james davis upad October 14, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021
Home » News » Agencies & People » Newton Fallowell founder and CEO steps aside to become chairman previous nextAgencies & PeopleNewton Fallowell founder and CEO steps aside to become chairmanMark Newton makes way after promoting Franchise Director David Spackman to become the company’s managing director.Nigel Lewis18th December 20190767 Views Mark Newton, the 64-year-old founder and CEO of Belvoir-owned Newton Fallowell (above, left) has stepped aside to become the company’s chairman but will keep his place on the parent group’s board, it has been announced.The now vacant leadership role at Newton Fallowell will be filled by David Spackman (above, right), the company’s current Franchise Director following his work on the recent acquisition of regional 19-branch competitor Lovelles, announced last week. Spackman is to become the company’s managing director.Newton’s decision to take a less operational role comes just four years after he sold his then 31-branch Grantham-based business to Belvoir for £6.3 million.He founded the business in 1999 and originally said he’d stay with Newton Fallowell for two years but has so far stayed closely involved in the business for much longer.“I will still be very much involved with the business in my role as Chairman, whilst continuing as Executive Director on the Belvoir Group PLC Board, working on several strategic projects for the wider Group, including the further development of financial services,” says Newton.Spackman has worked at the company since 2011 after joining it from Belvoir where he was Head of Franchise Recruitment for two and half years.Before that he ran his own recruitment company and also worked in software development within the property industry including at Your Move.“I am delighted and very proud to accept the role of Newton Fallowell MD,” says Spackman. Mark Newton Newton Fallowell Belvoir December 18, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021
The Land Rover Kentucky Three-Day Event presented by MARS Equestrian™ (LRK3DE) will not hold its famed Five Star three-day event this year, previously scheduled for April 22-25. The Kentucky CSI3* Invitational Grand Prix presented by Hagyard Equine Medical Institute and other events are being explored to be held over that weekend but without spectators.“We have been working with US Equestrian, the Kentucky Horse Park, and state and local government on several different scenarios for April,” said Mike Cooper, president of Equestrian Events, Inc. (EEI) which produces the world-class event. “With so many uncertainties still remaining regarding the COVID-19 pandemic, it is premature for US Equestrian to remove its restrictions on spectators. Given the importance of the health and well-being of our spectators and competitors, we feel the only option at this time is to cancel the Five Star Event and hopefully proceed with other events that our fans can enjoy via livestream and other outlets.”Among the other competitions being considered is a new CCI-4*-S which will likely feature many of the same horses and riders that would have been competing in the Five Star, plus the Kentucky CSI3* Invitational Grand Prix which normally takes place on Saturday afternoon.“While disappointing that all our fans can’t join us again this April,” added Lee Carter, EEI executive director, “we are excited that some of those same fans can now compete in new levels we will be offering during the ‘Best Weekend All Year!’ April 21-25 … Save the Date! Plans are being developed and will be communicated as approved.”Spectators, patrons, vendors and sponsors who paid for the 2020 event and chose to roll their money over for 2021 will have the option of full refunds or rolling their money over again for 2022. Ticket holders can expect an email regarding their options. Sponsors may choose to be part of whatever events are held in 2021 with new agreements that fit this year’s situation.“We want to thank everyone who has been so patient throughout this difficult process,” Carter added. “We remain committed to all our supporters across the country and around the world and we look forward to putting on a great event this spring and welcoming everyone back for our full-scale Land Rover Kentucky Three-Day Event Five Star, with the Kentucky CSI3* Invitational Grand Prix, in 2022!”Known as “The Best Weekend All Year,” LRK3DE is one of only seven annual Five Star three-day events in the world along with Badminton and Burghley in England; Luhmuhlen in Germany; Pau in France; Adelaide in Australia and the new Five Star event in Maryland. As the United States’ premier three-day event, LRK3DE serves as the Land Rover/USEF CCI-5*-L Eventing National Championship Presented by MARS Equestrian™ for U.S. athletes. The event was scheduled to return to the Kentucky Horse Park in Lexington, KY, April 22-25. Tags: eventing, Land Rover Kentucky Three-Day Event, LRK3DE, cancelled, Email* Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! Horse Sport Enews More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes. SIGN UP We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding.
View post tag: build View post tag: Warship Industry news View post tag: News by topic Share this article Back to overview,Home naval-today Taiwan Plans to Build New ‘Stealth’ Warship View post tag: plans View post tag: Taiwan View post tag: Navy April 18, 2011 View post tag: New Taiwan plans to build a new ‘stealth’ warship armed with guided-missiles next year in response to China’s naval build-up, a top military off…(straitstimes)[mappress]Source: straitstimes, April 18, 2011; Taiwan Plans to Build New ‘Stealth’ Warship View post tag: Naval View post tag: stealth
View post tag: Caribbean View post tag: Naval View post tag: UK Navy Back to overview,Home naval-today UK Navy Sailors Engage in Caribbean Tsunami Relief Drills Share this article View post tag: News by topic British sailors have taken part in a tsunami relief exercise in the Caribbean.Held on the island of Montserrat, sailors from HMS Severn faced the scenario of a five metre high wave slamming into the island, with the Royal Navy vessel sent in to help.It was the first time that the Montserrat Disaster Management Coordination Agency had conducted such an exercise which was split into two parts: table top tactics and a live element.Severn’s Commanding Officer Lieutenant Commander Steve Banfield and First Lieutenant (Logistics Officer) Lt Roger Filewod helped local authorities from a planning perspective.To simulate a response, Severn deployed her Disaster Reconnaissance teams, including the Medical Officer and Leading Medical Assistant with engineering and logistical specialists.They established a command and control point in the port of Little Bay and carried out local area reconnaissance while reporting the extent of the damage back to the ship and the local government.Following the exercise the ship hosted Montserrat Fire Brigade to find out how a ship deals with maritime firefighting.At the same time the ship also hosted the Montserrat Police Force marine unit for navigational training while some of Severn’s engineers visited Montserrat Police patrol vessel, MV Shamrock.Severn’s Medical Officer, Surgeon Lieutenant Sophie Hawkes and Leading Medical Assistant Chris Turner provided First Aid Training with the Montserrat Red Cross Organisation.Thirty One Island volunteers attended the training session, and were all presented with a Certificate of Attendance on completion of the joint training.This is the first time that Portsmouth based HMS Severn, one of three River Class Offshore Patrol Vessels, which normally patrol UK coastal waters, has deployed to the Caribbean.Image: Royal Navy View post tag: europe UK Navy Sailors Engage in Caribbean Tsunami Relief Drills View post tag: Drills View post tag: Navy View post tag: sailors View post tag: Relief View post tag: Engage View post tag: Tsunami Authorities February 11, 2015