Category: gnsmmd

  • Modern style draws $700k sale in Scarborough

    first_img3/51 Landsborough Ave, ScarboroughA RENOVATED apartment with ocean views has sold at Scarborough for $700,000.Forty 20 Property sales agent Steve Hart said a middle-aged couple bought the unit at 3/51 Landsborough Ave as an investment property.He said they had been in the building to inspect another unit when they decided to take a look at this one.“They loved it the moment they saw it,” Mr Hart said.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019“There’s two things about that property that sold it — one is its position and two, it’s just beautifully presented. 3/51 Landsborough Ave, Scarborough“It’s in an older block — they were built in 2003 — (but) to my knowledge, it’s the only renovated one there.”Mr Hart said its modern style was what attracted the considerably higher price than other units in the building.He said apartments were much more popular than houses on the Peninsula of late, particularly among retirees and buyers looking to downsize or invest.“I can’t see that stopping for a while, there’s a lot of people in that market place,” Mr Hart said.He said a lack of modern houses in the area could be responsible for the trend.last_img read more

  • IORP II could make Dutch scheme accountability boards ‘redundant’

    first_imgNicolette OpdamThe lawyers highlighted that VO members were not required to have relevant expertise, and lacked the knowledge to, for example, advise about subjects such as mergers and the structure of contributions.Making the VO members jointly responsible for investment policy, on a par with a scheme’s supervisory board (RvT) should require them to have the same expertise as the Dutch regulator DNB demands from RvT members, Van Tilburg and Opdam said.They added that pension funds’ boards already had difficulties recruiting capable trustees.Participants’ councilVan Tilburg and Obdam suggested that the VO should be replaced with a participant council without advisory rights, but with the role of a “sounding board” for the pension fund.Its task should be asking the board and RvT about policy issues and talking with the scheme’s key officials, including accountants and actuaries, after being briefed on policy.The new council could subsequently report about their findings in the pension fund’s annual report and on its website, and should also be entitled to advise about the profile of new RvT members.The pension fund should also fine-tune its communication and information activities with the participant body in order to maximise the efficiency of the message.The lawyers said their suggested approach would not clash with internal supervision requirements or the establishment of a scheme’s risk appetite for investments.The participant council would have a say only on policy areas that have a real impact on scheme members, Van Tilburg and Obdam said.The full opinion piece is available in Dutch on the Pensioen Pro website.Further reading‘Give members more say on investment strategy’, argues Dutch politician Dutch pension funds’ mandatory accountability bodies are to become redundant following recent regulatory developments including IORP II, according to pension lawyers.In an opinion piece for IPE’s Dutch sister publication Pensioen Pro, Bianca van Tilburg and Nicolette Opdam of HVG Law advocated replacing the bodies – known as VOs – with a new “participant council” with different competences and responsibilities.In the lawyers’ opinion, the VO was set to lose its added value in the decision-making process due to new rules introducing key positions for risk management, internal audit and actuarial matters. They also warned that the knowledge gap between the VO and the scheme’s board was likely to widen.VOs are made up of representatives of employers, workers, deferred members and pensioners, and are currently responsible for assessing the activities and policy of a pension fund’s board. They also advise about remuneration, liquidation, mergers, communication, pensions provision, contributions, and the appointment of supervisory board members. The D66 party – one of the four partners in the Netherlands’ government coalition – has called for the VO’s role to be extended, giving it additional powers to approve investment policies. However, Van Tilburg and Opdam argued that this would significantly slow down decision-making at pension funds without adding care and quality. Bianca van Tilburg Steven van Weyenberg (right), of Dutch social-liberal party D66, last year called for VOs to be given powers over investment policy.“If you don’t want to have your retirement savings invested in the tobacco industry, dirty coal or nuclear weapons, you currently have no say in the matter. This needs to change,” Van Weyenberg said.last_img read more

  • Newbuild Skandi Recife starts Petrobras charter

    first_imgSkandi Recife; Image courtesy of DOFSkandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by a joint venture between TechnipFMC (50%) and DOF (50%), started its eight-year charter contract with Petrobras. The vessel will work in the Campos, Santos and Espírito Santo basins, the two companies said on Thursday.Skandi Recife has pipelay and marine technology with a 340 tons Vertical Lay System (VLS) tower, 2,500 tons underdeck carousel and two work-class ROVs, allowing it to lay flexible pipes in water depths up to 2,500 meters.It was built by Vard Promar Brazilian yard, where its sister ship, Skandi Olinda, is currently under construction.Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible pipelay, and DOF will be responsible for marine operations.Hallvard Hasselknippe, President of Subsea activities at TechnipFMC, commented: “The delivery of Skandi Recife and the commencement of a new contract with Petrobras reinforce our commitment to the development of the Brazilian market and our extensive ultra-deepwater pipelaying experience.”DOF Subsea CEO, Mons S. Aase, said: “Taking delivery of Skandi Recife and commencing the contract with Petrobras is an important milestone in our partnership with TechnipFMC. We are proud of this significant addition to our Brazilian fleet and look forward to seeing the vessel in operation in the years to come.”This PLSV is one of four vessels owned by a joint venture between DOF Subsea and oilfield services provider TechnipFMC. The vessels were ordered following eight-year contract awards from Petrobras back in August 2013 for the provision of installation of flexible pipes in Brazilian waters.It is also worth reminding that the first two PLSVs are already working for Petrobras. The first vessel, Skandi Açu, started its contract in August 2016 and the second one, Skandi Búzios, in April 2017. These two vessels were designed to achieve a 650-ton laying tension capacity.The fourth vessel, named Skandi Olinda, is scheduled for delivery from Vard’s Brazilian yard in the first quarter of 2019.Offshore Energy Today Stafflast_img read more

  • Davenport Speedway season opener set for Friday

    first_imgDAVENPORT, Iowa – The battle for 2016 track championships will begin this Friday, April 22, with the Davenport Speedway season opener.All four weekly classes, Petersen Plumbing & Heating IMCA Late Models, Eriksen IMCA Modi­fieds, Koehler Electric Street Stocks and the Hawkeye Auto IMCA Northern SportMods, will be in action on the 1/4-mile dirt oval. The weekly classes will be joined this Friday by the 4-Stock divi­sion.The defending track champions at the Davenport Speedway are: Late Model, Justin Kay; Modi­fied, Bruce Hanford; Northern SportMod, Tony Olson; Street Stock, Perry Gellerstedt; and 4-Stock, Brandon Dahl.Davenport Speedway is located at the Mississippi Valley Fairgrounds, on West Locust Street in Davenport. Pit gates open Friday at 4:30 p.m. with hot laps at 6 p.m. and racing at 6:30 p.m.For additional information on DRT TRAK Racing events, visit www.davenportspeedway.com or call 563 652-5302.last_img read more

  • Bees confirm deal for Grella

    first_imgBrentford have signed Mike Grella on a contract until the end of the season after he was released by Leeds United.Grella recently joined the Bees on loan but has since reached an agreement with Leeds so was able to move on as a free agent.He played in Tuesday’s Johnstone’s Paint Trophy victory against Milton Keynes and scored in the penalty shoot-out.AdChoices广告last_img

  • Syracuse controls pace in 2nd half of comeback victory over Virginia

    first_img Published on February 25, 2013 at 12:43 am Contact Phil: pmdabbra@syr.edu | @PhilDAbb One half dictated by Virginia’s slow style of play, the polar opposite of Syracuse’s approach, was more than enough to tick off Gary Gait.“I don’t know, I wanted to smash something. But there wasn’t anything to break,” the SU head coach said with a laugh about his halftime speech.After a first half in which the Cavaliers completely controlled the game’s pedestrian tempo, Syracuse came out of the break and reversed the pace of the contest. The No. 6 Orange (2-1) fought back from a four-goal deficit and triumphed 10-9 over No. 7 Virginia (2-1) on Sunday in front of 849 fans at the Carrier Dome.The Orange got a long, early look at UVA’s offensive tactics.SU won the opening draw, but missed its first three shots of the possession. On UVA’s first possession, the Cavaliers worked the ball around the perimeter for nearly two minutes before attack Casey Bocklet charged toward the cage and put UVA on the board.AdvertisementThis is placeholder textThe Cavaliers took the second draw, and again tossed the ball around for two minutes.“We’ve played Virginia every year for a while now. That’s their style of play,” said Syracuse attack Alyssa Murray.The lengthy possession ended with UVA attack Caroline McTiernan cutting past Natalie Glanell, catching and scoring to put Virginia up 2-0.Virginia clearly came out planning to work the clock, take its time on each possession and not force any shots. UVA calmly and selectively chose when to attack the cage – each of the Cavaliers’ first four shots found the back of the net.Twenty-five goal-less minutes in, the Orange found itself down by four scores. The Orange’s stagnant attack was left standing and watching from the other half of the field.“It’s a hard team to play against when our team really likes to run and gun and feed off of energy and stuff,” Murray said. “They really are good at taking the wind out of your sails when you’re playing.”In the final four minutes of the half, Murray scored twice in 55 seconds to cut the deficit in half, but a Cavaliers goal in the final minute gave Virginia a 5-2 lead at the break.And that’s when Gait lit a flame under his team.“Obviously, in the first half we just, you know – the energy wasn’t quite there,” Gait said. “We were a step behind on some loose balls, and at halftime they came out and they turned it around.”After the teams split the first-half draws at four each, the Orange took over at the faceoff X. Syracuse won eight of the 13 second-half draws and swung the time of possession in its favor.“When you’re playing a team that’s playing stall lacrosse and possession lacrosse, trying to hold the ball for three, four, five minutes at a time, you need to have possession of the ball,” Gait said.Slowly but surely, SU fought back. Facing two three-goal deficits, Syracuse scored four goals – three of which were possessions earned at the faceoff X – and cut the deficit to one.Michelle Tumolo drew a foul and dumped off the free-position ball to Devon Collins, who scored to knot the game at eight. The Orange won the ensuing draw and less than two minutes later, Murray drew a foul. She capitalized on the free-position shot for her fourth goal, giving Syracuse its first lead with 12:04 remaining.“I think we went to the goal a lot more, and obviously, our shot selection was much better than right into the goalie’s stick,” Tumolo said.But the Cavaliers went right back to slowing the game down and waiting for their opportunity. Almost two minutes after UVA won the draw, Morgan Stephens drove and scored her third goal of the game to tie the game at nine.Syracuse couldn’t score at the other end, but Becca Block sneakily checked the ball as Virginia continued its time-consuming methods. Block picked up the ground ball and almost two minutes later, Kayla Treanor scored the decisive goal with 4:56 left.Twenty-five minutes into the game and four goals down, the Orange appeared to be heading down the same path it did last week, a 19-11 home beating at the hands of Maryland. But tweaks and mentality adjustments at halftime saved Syracuse from consecutive losses at home.“So I tried to stay calm and tell the players to look inside and challenge themselves to be better than they were,” Gait said. “… And have the courage to make a play and make something happen, and they did.” Comments Facebook Twitter Google+last_img read more

  • Jay Bilas discusses future of Syracuse men’s basketball team following NCAA sanctions

    first_imgThe recent penalties assessed to the Syracuse men’s basketball team may affect the way the team can recruit, but won’t have a devastating effect on the program, said Jay Bilas, a college basketball analyst for ESPN.As a result of its investigation into Syracuse University, the NCAA handed down penalties to the school’s men’s basketball program that include five-years probation, wins vacated and a nine-game suspension for Jim Boeheim during the first-half of the 2015-16 Atlantic Coast Conference schedule.But many have said the most damaging punishment is the loss of scholarships for the program. SU will lose three men’s basketball scholarships each year for four years, starting with either the 2015-16 year, or with the 2016-17 year. Overcoming these punishments will be difficult, but not impossible, Bilas said in an interview with The Daily Orange on Tuesday.“The penalties are less significant than the cloud that’s been hanging over the program for the last seven or eight years,” Bilas said. “Overall I think they’ll be fine.”He said the scholarship reductions will likely affect the way the program recruits players. He said since the Orange will have fewer scholarships available, it will have to be “a little more judicious about recruiting.”AdvertisementThis is placeholder text“Ironically it encourages the program to go toward more one-and-done caliber players and turn the roster over faster,” he said. Comments Published on March 10, 2015 at 5:21 pm Contact Brett: blsamuel@syr.edu | @Brett_Samuels27 Facebook Twitter Google+last_img read more

  • 7-foot-2 Providence transfer Paschal Chukwu picks up Syracuse offer on visit

    first_imgProvidence transfer Paschal Chukwu picked up an offer from Syracuse on his weekend visit, per a source. The 7-foot-2 center has already visited Kansas, Michigan State and Nebraska, with several other schools in the mix.Chukwu would have to sit out the 2015-16 season, per NCAA transfer rules, but would have three years of eligibility remaining. He averaged 2.6 points and 2.4 rebounds for the Friars in his freshman season while blocking 23 shots.Syracuse’s current pair of centers includes the injury-plagued DaJuan Coleman and rising junior Chinonso Obokoh, who averaged less than a point per game in 13 contests played last year.Chukwu was ranked the No. 61 prospect in the Class of 2014 by Rivals.com and would likely play an integral role in the middle of the 2-3 zone. At the 1:00 mark in this video, SU point guard Kaleb Joseph is shown in a highlight reel that includes Chukwu when the two unofficially visited Providence in June 2013. Chukwu is shown starting at the 1:18 mark.AdvertisementThis is placeholder text Comments Published on June 27, 2015 at 10:36 pm Contact Matt: mcschnei@syr.edu | @matt_schneidmancenter_img Facebook Twitter Google+last_img read more

  • Kessler’s record season unnoticed

    first_imgIt’s not often that a quarterback completes nearly 70 percent of his passes, throws 39 touchdowns to just five interceptions, racks up nearly 4,000 yards and still goes as unnoticed as Cody Kessler. Those were Kessler’s numbers last season when his team went 9-4, so Kessler flying under the radar could be attributed to him being on a mediocre team with a first-year head coach. But this season, Kessler leads the nation with 15 touchdowns against FBS opponents and has only thrown one interception on the season.Heading into the season, the Trojans were ranked No. 8 and then moved up to No. 6 after wins against Arkansas State and Idaho, but dropped to              No. 19 after a loss to Stanford. The Trojans’ play as a whole was disappointing against Stanford, but Kessler’s, in particular, was not. Unfortunately for Kessler, he seems to be an underrated quarterback on an overrated team.In this season’s lone loss, Kessler completed 78 percent of his passes and threw for three touchdowns. At that point, he still hadn’t thrown an interception. He managed to put up 31 points, which should’ve been enough to keep his team in the game. In fact, it was the defense, which allowed Kevin Hogan and the Cardinal to put up 41 points, that really lost the game for the Trojans. Still, Kessler took a lot of the blame for his team’s loss.Kessler and the Trojans entered last week’s game against Arizona State facing a         must-win situation and they delivered with a 42-14 win over their Pac-12 South rivals, who many thought had a chance to come out on top of the Pac-12 South.Kessler threw an early interception at the goal line, his first of the season, but bounced back with five touchdown passes for 375 yards. His longest touchdown of the night registered at 80 yards. And yet still, somehow, people have decided that Arizona State lost the game more than USC really won it. And I don’t entirely disagree with that notion, though I think anyone who puts up five touchdown passes deserves a little credit.Kessler’s Heisman chances certainly took a hit with USC’s loss to Stanford, but his personal statistics did not. He has a great supporting cast around him on offense, an offense that has for the most part looked explosive. Sophomore Adoree’ Jackson has even said that he has his sights set on winning a Heisman of his own, and he absolutely could. Sophomore wide receiver JuJu Smith-Schuster has put up incredible numbers to match Kessler’s, so there is certainly no shortage of talent or production on the offensive side.Before the season started, the media was high on the Trojans, but it didn’t take much for them to change their minds. One loss to a Pac-12 rival and the Trojans dropped 13 spots. Alabama lost to fellow SEC team Ole Miss and was still ranked ahead of teams with no losses.Aside from UCLA, the rest of the Pac-12 does not look as strong holistically. This also hurts Kessler. The fact that an SEC team can lose and still be as highly regarded as Alabama just goes to show the way the SEC is favored over the Pac-12.Kessler’s Heisman hopes are not completely tarnished, but he’ll definitely have to win out and continue putting up big numbers to beat out his opponents in the SEC and Big 12. He’ll need big performances from his team, and he’ll absolutely have to beat Josh Rosen on Nov. 28.Regan Estes is a junior majoring in public relations and Spanish. She is also the sports editor of the Daily Trojan. Her column “Wild Wild Westes,” runs Tuesdays.last_img read more