Dearth of West Coast Terminal Capacity for U.S. Coal Producers Pinning Hopes on Exports

first_img FacebookTwitterLinkedInEmailPrint分享SNL:Western producers looking to export coal through the Pacific Coast are seeing their options dwindle as existing ports reach capacity and hopes for new ones dim.“The West is kind of limited in that you have a couple of ports in California and the main ones in Canada,” said William Wolf, vice president of business and market analysis at John T. Boyd Co. “You can only run so many tons through those facilities at this time.”Ridgway does not see much opportunity for these ports to grow because environmental groups in California would likely put a stop to any plans that would increase coal train traffic.Meanwhile, three proposed projects that could offer West Coast export options have hit major roadblocks. Oakland’s city council voted unanimously in June 2016 to prohibit coal shipments in the city, affecting the planned Oakland Bulk and Oversized Terminal in California, though the developer is suing to overturn the ban. The U.S. Army Corps also stopped the permitting process in May 2016 for the planned Gateway Pacific terminal in Washington state. An outgoing official threw a further obstacle in front of Pacific Gateway when he announced in January the expansion of an aquatic reserve to include the area where the terminal was planned. And in November 2016, an Oregon state agency announced the withdrawal of cases related to the planned Morrow Pacific coal terminal.More ($): Coal miners eyeing Asia market pin hopes on Wash. port as other options dry up Dearth of West Coast Terminal Capacity for U.S. Coal Producers Pinning Hopes on Exportslast_img read more

Measures for tourism continue in June

first_imgTourism is undoubtedly the most affected and endangered in this unprecedented health and economic crisis. That is why we took special care of tourism and through government measures we ensured the continuation of measures in June and beyond, he points out Tonči Glavina, Secretary of State in the Ministry of Tourism. The plan is also to launch a new part-time measure in June for those companies that are not currently covered by the minimum wage. “What makes me especially happy is the fact that a high level of agreement was reached at yesterday’s meeting of the Economic and Social Council, which includes employers, trade unions and the state.”Concludes Glavina. Namely, a session of the Economic and Social Council was held yesterday, at which a decision was made that companies from the tourism, catering, transport and event industry sectors will be able to receive grants of HRK 4.000,00 for June. If employers decide to pay the profit, they do not have the right to use the measures for May, said the Minister of Labor and Pension System Josip Aladrović, and added: “We will introduce a ban on the payment of dividends and profits for all medium and large companies by the end of 2021, because we believe that it is not opportune not to use retained earnings and profits from previous years, and at the same time expect state aid. If someone takes advantage of the measure, we will leave him the option to return the support and then pay the profit and dividend to the shareholders”, Said Aladrović. Photo: Pixabay.com “Tomorrow we expect a decision of the Management Board of the Croatian Employment Service on the extension of “minimum” measures in accordance with the situation in the economy. Companies from the tourism, catering, transport and event industry sectors (organizers of events, fairs and congresses) will be able to receive support of HRK 4.000,00 for June. Companies from these groups of activities will have to prove a drop in revenue of 50 percent or more compared to the same period last year. This measure will be extended until August 31, depending on the state of the economy. Furthermore, a tax and contribution write-off or a moratorium on benefits will be available for June. ” Glavina points out. In any case, tomorrow we will find out all the details about the extension of measures to help the tourism, catering, transport and event industries.last_img read more

FAVORED BIG JOHN B MAKES LATE RUN TO WIN MARATHON GRADE III, $100,000 TOKYO CITY CUP BY 2 ¼ LENGTHS UNDER BEJARANO; RED-HOT D’AMATO ROLLS NATURAL HAT TRICK & GOES THREE-UP IN TRAINER STANDINGS

first_imgARCADIA, Calif. (April 3, 2016)–With a realistic pace to run at, favored Big John B was able to overcome significant trouble around the final turn and charge to a 2 ¼ length win in Sunday’s marathon Grade III, $100,000 Tokyo City Cup under Rafael Bejarano. Trained by red-hot Phil D’Amato the venerable 7-year-old gelding covered a mile and one half on the main track in 2:28.79.A dedicated deep closer, Big John B was a distant last as the seven-horse Tokyo City field went into the Club House turn and had to wait for room as he continued to hug the rail around the far turn. Approaching the quarter pole, Bejarano was able to split horses three wide and he easily overhauled Class Leader a sixteenth out and waltzed to his 15th victory from 40 career starts.“I knew there would be only be two or three horses with speed and they tried to go slow, but my horse only has one style, he likes to come from behind,” said Bejarano. “I wasn’t panicking. I knew that I had a lot of horse, so I was comfortable.”Owned by Michael House, “Big John” was off at 3-2 and paid $5.00, $3.40 and $2.60. With the winner’s share of $60,000, the Florida-bred son of Hard Spun increased his earnings to $849,770.The Tokyo City marked D’Amato’s third consecutive win, as he also took races six and seven, thus enabling him to go up 35-32 over Doug O’Neill in Santa Anita’s Winter Meet trainer standings with just four days remaining.“…I never entered this meet knowing I was going to make a run at the training title at all, believe me,” said D’Amato. “But I wouldn’t mind (winning) it now. It’s bringing my whole team together.”As to the trip Big John B had behind fractions of 23.94, 48.01, 1:12.71, 1:38.05 and 2:03.33, D’Amato said, “To me, it was just a matter of whether he was going to get out or not around the turn. Once he finally got him in the clear, he showed him a big kick.”Ridden by Victor Espinoza, Class Leader made an eye catching move around the far turn but tired late, finishing 2 ¼ lengths in front of Blingo. Off at 5-1, Class Leader paid $5.40 and $3.60.Ridden by Alex Solis, Blingo, who was off at 10-1, outran second choice Lieutenant Colonel for third money and paid $5.00 to show.Racing resumes at Santa Anita on Thursday, with first post time at 1 p.m. Admission gates open at 11 a.m.last_img read more

Arsenal and Man United transfer target could make Premier League move, admits agent

first_imgArsenal and Manchester United target Edinson Cavani could be heading to England, his agent has admitted.talkSPORT told you yesterday how the Paris Saint-Germain striker, subbed just an hour into the club’s crucial clash with Marseille on Sunday, was considering his future.Arsenal and Manchester United are long-term admirers of Cavani, and Louis van Gaal has reportedly earmarked the Uruguayan as a replacement for Robin van Persie.Napoli have also been linked with a move in recent weeks, but his agent Claudio Anellucci insists no Serie A club could afford to take the striker.He has instead hinted that his client could move to the Premier League, news which could spark a transfer battle between Arsenal and United.“I can rule out Edinson returning to Italy,” Anellucci told Radio Olympia.“There aren’t the [financial] conditions for any club to take part in a bidding process to get him. The markets right now are Spain and England.” Edinson Cavani 1last_img read more

MySQL Co-Founder Wants You To Pay Up For Open Source

first_imgMonty Widenius, co-founder of MySQL and founder of MariaDB, just came to a surprise revelation: most people use open source for free. What’s so surprising, however, is not this fact, but the idea that Widenius wouldn’t have learned this 13 years ago when he first released MySQL under the GNU General Public License (GPL) and his company’s revenues dropped 80%. The lesson here, however, isn’t that there’s no money in open-source software, but rather that some strategies for monetizing open source are effective, while others are not.Monty Got A Raw DealFor anyone that has been around open source for the past 10 years, hearing Widenius complain about open source free riders is irony at its finest. Widenius, after all, was a technical mastermind at MySQL, and was generally more concerned with MySQL’s development community than making money, fighting efforts to monetize the otherwise free database.Not that this is a bad thing. At any open-source company, developers are the lifeblood of the project and particular care must be taken to cater to their interests and needs. Widenius filled that role admirably.But Widenius also made it harder to cover the real costs of open-source development, and continues to do so. Recently Widenius attacked Oracle for “suffocating” MySQL through proprietary enterprise extensions, among other things. This may be true, in part, but it’s also true that Oracle has 400-plus engineers working on MySQL, and somehow their work needs to be paid for.In an interview with ZDNet, Widenius (mis)remembers the halcyon of people happily paying for open-source software, and suggests that “Now the problem is that you have companies that are heavily using open source but refuse to pay anything back because they don’t have to.” This has, of course, always been the case, and yet it hasn’t stopped open source from booming, both as a community development and corporate revenue perspective.Monty’s Solution: “Business Source”Still, Widenius pines for a business model that will help feed development while generating a profit. His strategy, called “business source,” effectively amounts to dumping open source entirely, but only for a few years:[Business source] is a commercial licence that is time-based and which will become open source after a given time, usually three years. But you can get access to all the source. You can use it in any way but the source has a comment that says you can use it freely except in these circumstances when you have to pay.In other words, it’s not open source. It doesn’t fit the parameters of the canonical Open Source Definition. That’s not necessarily a bad thing, but let’s call a spade a spade. Business source is simply proprietary software released under a Microsoft-esque shared source license that magically becomes fully open source after a period of time.Surely this must rankle the free software-loving Widenius, but he comes to terms with it by espousing the exact same rationale used by those that advocate Open Core or similar strategies for open source:You’re forcing a small part of your user base to pay for the restrictions, which can be if you’re making money from [the software], if you have more than 100 employees, or you’re a big company or something like that. So you’re forcing one portion of your users to pay.Exactly. But this is the same as the various strategies MySQL tried, which Widenius fought.It’s Not About The LicenseJim Jagielski, president and co-founder of the Apache Software Foundation, suggests that “if your open source project isn’t successful with FOSS licensing, it’s not the license’s fault.” Rather, it’s a matter of trying to charge for the wrong things:To wit, Facebook, Google, Amazon and others make billions of dollars selling services around open-source infrastructure, while Red Hat mints over a billion dollars annually selling a certified, binary distribution of community-developed Linux. There is plenty of money in and around open-source software. The open-source license doesn’t prevent this. It enables this.Widenius is a smart person. He’ll figure it out. It’s only surprising that his experience at MySQL didn’t already teach him this lesson.Image courtesy of James Duncan Davidson/O’Reilly Media. Massive Non-Desk Workforce is an Opportunity fo… Matt Asay Related Posts IT + Project Management: A Love Affaircenter_img Tags:#licensing#MariaDB#Monty Widenius#MySQL#Open Source 3 Areas of Your Business that Need Tech Now Cognitive Automation is the Immediate Future of…last_img read more

MPC Container Ships to Buy Feeder Fleet for USD 130 Mn

first_imgzoom Oslo-based boxship owner MPC Container Ships entered into a commitment to acquire a fleet of feeder container vessels on November 24.The vessels in question have a total purchase price of USD 130 million.The move was made only a day after the company closed its private placement raising a total of USD 175 million, with plans to use the funds “to pursue future investments in container vessels and general corporate purposes.”The private placement of 30.25 million new shares was announced on November 22 and completed at a subscription price of NOK 47.5 (USD 5.8) per share.MPC Container Ships informed that the completion is subject to approval by an extraordinary general meeting of the company which is expected to be held on or about December 4, 2017, the company said.Established in April 2017, the company manage to quickly collect a fleet of 26 second hand vessels, the latest of which was added in early November.last_img read more

Senators Seek to Eliminate Policy Language Limiting Housing Allowance

first_img Dan Cohen AUTHOR Language in the Senate version of the fiscal 2017 defense authorization bill that would reduce service members’ basic allowance for housing (BAH) payments in many cases, including for dual-service military families and single members living together, should not be included in the compromise version of the legislation, according to a bipartisan group of 18 senators.The Senate language would limit BAH payments to actual expenses for rent and utilities, preventing personnel from pocketing extra payments if they find less expensive housing. The existing system offers military members a flat payment based on their rank and location.But the Senate proposal also would cut the BAH for dual-military couples in half, to prevent each service member from receiving extra housing compensation. And personnel who choose to share housing would see their individual stipends adjusted to cover only their actual costs, reported Military Times.“The changes outlined in S. 2943 would cause significant financial hardship to many military families and unfairly penalize dual-service military couples as well as single-service members who cohabitate in order to make financial ends meet,” Sens. Lisa Murkowski (R-Alaska), John Boozman (R-Ark.), Jon Tester (D-Mont.) and 15 colleagues wrote the leaders of both chambers’ Armed Services committees last week.The Senate provision also would bring about costly, new administrative burdens and unintended consequences to the military services, according to the senators.“Adequate research, planning and understanding is required before such sweeping changes can be responsibly advanced,” they wrote.Senate Armed Services Committee staff say the overhaul would save tens of millions of dollars without sacrificing service members’ housing benefits. DOD officials oppose the plan, describing the BAH as part of members’ larger compensation package.The changes are not part of the bill passed by the House. Last week, House and Senate conferees began reconciling the two versions of the annual policy bill.last_img read more