long term – Mustang Sailing http://mustangsailing.com/ Fri, 01 Apr 2022 10:48:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://mustangsailing.com/wp-content/uploads/2021/10/icon-9-120x120.png long term – Mustang Sailing http://mustangsailing.com/ 32 32 NYK’s first crew transfer ship starts up north https://mustangsailing.com/nyks-first-crew-transfer-ship-starts-up-north/ Thu, 17 Mar 2022 12:59:20 +0000 https://mustangsailing.com/nyks-first-crew-transfer-ship-starts-up-north/ Japan’s NYK announced on Thursday that its new crew transfer vessel (CTV) Energizer has started charter with Northern Offshore Services AS (NOS), a subsidiary of Sweden’s Northern Offshore Group AB (NOG). The CTV, which will be used to service offshore wind farms, is owned by NYK and chartered to NOS under a long-term bareboat charter […]]]>

Japan’s NYK announced on Thursday that its new crew transfer vessel (CTV) Energizer has started charter with Northern Offshore Services AS (NOS), a subsidiary of Sweden’s Northern Offshore Group AB (NOG).

The CTV, which will be used to service offshore wind farms, is owned by NYK and chartered to NOS under a long-term bareboat charter contract. It will transfer crews to offshore wind power plants, mainly in Europe, as part of the operation of NOS.

NOG operates around 60 CTVs in the offshore wind power market in Europe, and NYK and NOG signed a memorandum of understanding in December 2019 to explore a CTV business related to offshore wind power generation. This bareboat charter contract is a partial development of this MoU and will be the first CTV owned by NYK. When it first announced the charter deal in 2021, NYK said the term was for ten years. 1 credit

As the owner of a CTV and a participant in this activity, NYK will send its marine engineers to NOS to take care of the operation and management of the vessels in order to acquire the best European knowledge in terms of energy production. offshore wind turbine.

In addition, NYK said it is preparing to expand its domestic CTV business by strengthening cooperation with partners in each region, such as working with Akita Eisen KK, which is the only towing company in Akita Prefecture in Japan, and a cooperation agreement with Akita Prefecture.

“We will continue to aim to contribute to the dissemination of offshore wind power generation through the CTV business in cooperation with NOG,” NYK said.

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SuperyachtNews.com – Owner – Crew of Russian-owned superyachts urged to join union https://mustangsailing.com/superyachtnews-com-owner-crew-of-russian-owned-superyachts-urged-to-join-union/ Tue, 01 Mar 2022 17:45:58 +0000 https://mustangsailing.com/superyachtnews-com-owner-crew-of-russian-owned-superyachts-urged-to-join-union/ Industry stakeholders have banded together to urge crew members to register with Nautilus International… International Nautilus, an international trade union and professional association representing seafarers and related workers, encourages crew members to register as members. The organization can help and assist with disputes over wages and conditions, offer free legal service to […]]]>


Industry stakeholders have banded together to urge crew members to register with Nautilus International…

International Nautilus, an international trade union and professional association representing seafarers and related workers, encourages crew members to register as members. The organization can help and assist with disputes over wages and conditions, offer free legal service to its members and provide workplace support to seafarers. Interested persons can also use a code of 30 % by signing up for She of the Sea, which can be obtained via email jmatthews@sheofthesea.com, however, this support can only be offered once the individual is a registered member. Legal protection and services cannot be guaranteed to those who register after an incident has occurred.

The majority of Russian superyachts, which make up around 10% of the superyacht fleet, have already left Europe for the Maldives and Seychelles. However, there are still a number of large yachts operating on the mainland. In the event that the owners of these vessels are sanctioned, one must also consider the thousands of crew members, shipyard workers and independent contractors who would also be affected by this.

Nations and global organizations around the world have tightened sanctions against Russian-owned luxury assets;

Josep Borrell from the EU said:

EU sanctions include hidden assets such as yachts owned by Russian oligarchs but flying the flag of another Mediterranean country – this was in response to a question from Irish Times’ Naomi O’Leary.

Grant Shapps, UK Transport Secretary, said:

“Today I have written to all UK ports asking them not to give access to Russian-flagged, registered, owned, controlled, chartered or operated vessels. Given Putin’s action in Ukraine, I have made it clear that these ships are NOT welcome here with no tracking legislation.

The White House said in a tweet,

“Next week, we will launch a multilateral transatlantic task force to identify, track down and freeze the assets of sanctioned Russian companies and oligarchs – their yachts, mansions and any other ill-gotten gains we can find and freeze under law. “

Prince Albert of Monaco said,

“The Principality has adopted and implemented, without delay, procedures for freezing funds and economic sanctions identical to those taken by most European States.

Laura Molineux, strategic organizer at Nautilus has provided the following answers to questions that may be of interest to the crew and other superyacht industry stakeholders…

What advice would you give to Crew working on Russian-owned superyachts?

We recommend that the crew remain vigilant and carry out further risk assessments. Consider increasing/revisiting security checks currently in place and report anything suspicious to the authorities (especially after this story.)

There are also problems regarding entry into the Black Sea.

Following an emergency meeting of the Warlike Operations Area Committee (WOAC), of which Nautilus is a member, it was recommended on February 25 that a Warlike Operations Area be declared with immediate effect for all Ukrainian, Russian and international waters. north of 44° North. in the Black Sea.

Similarly, the Joint War Committee (composed of representatives from Lloyd’s and IUA markets underwriting) has published that Ukrainian and Russian waters in the Black Sea and Sea of ​​Azov are also considered war zones. Therefore, it is unlikely that a yacht owner would intend to enter the area at this time, especially as the vessel’s insurance would likely not apply cover.

However, if this is the owner’s intention, the crew should be given the opportunity to leave the vessel before that, in a port that can facilitate their repatriation.

What does Nautilus do for the crew besides encouraging people to sign up?

Nautilus can provide representation and assistance to all ranks and nationalities working onboard yachts, including deck, engine and interior crew. Regardless of your nationality, country of residence or role, members can access help from our team of industry experts and organizers.

The Union operates a 24/7 helpline, so members can call us anytime from anywhere in the world for assistance. We not only have in-house legal expertise, but also a network of lawyers around the world.

Are there any worst/best scenarios you can anticipate that you think the crew should be aware of?

There are a lot of unknowns at the moment, and the situation could change without notice. However, it is likely that new sanctions will affect yachts in the coming days or weeks to some extent.

Britain’s Secretary of State for Transport has announced that ships flying the Russian flag – or those that are registered, owned or controlled by anyone connected with Russia – are banned from entering UK ports.

We understand that seafarers are concerned about the possibility of financial penalties that could apply to wealthy Russian yacht owners. At this point, we are aware that this is not a general application to all wealthy Russians, however, the list could be reviewed or extended.

If a yacht owner is sanctioned to the point of having their assets frozen, it will have an impact on the operation of the vessel. High EU representative Joseph Borrell confirmed that EU sanctions include hidden assets, such as yachts owned by Russian oligarchs but flying the flag of another Mediterranean country. There could also be problems if SWIFT payments are interrupted, as this has implications for the payment of salaries.

Nautilus would review each member’s case individually to assess the situation applicable to them and provide advice, assistance and representation. Nautilus is closely monitoring the situation and preparing/updating information for our members as things develop. However, it is important that the crew join Nautilus before a situation arises, as the crew will not be eligible for legal representation if the matter predates their joining. Once a member, the crew must contact the union as soon as they are aware that a problem is going to have an impact on them.

Do you have a discounted membership or incentive for crew working on Russian owned yachts?

The current fee for an officer working on a yacht is €335 and €230 for the crew, per year. This can be paid in full, semi-annually, quarterly or monthly. This equates to just €6.44 for officers and €4.42 for crew per week, and they have Union support behind them.

As of this writing, it is day 6 of the war in Ukraine and things seem to be getting worse. The wider and mainstream media have talked a lot about the superyacht industry, largely because of its connotations with greed, exuberance and the Russian oligarchy. However, the media failed to take into account the thousands of seafarers, shipyard workers and business owners who depend on the industry for a living. By providing this insight, Nautilus hopes to bring some clarity to those facing an uncertain future and wondering if they should choose their morality over their well-being.

Ashore, countless efforts were made to support the wartime aid of superyacht industry stakeholders. Besides organizations, individuals have also banded together to ensure that procedures and solutions are implemented quickly and safely. Margarita Amam, Managing Director of IMS GMBH and Nineke Pretorius, a former crew member, have contacted the crew of the superyacht to ensure there is communication between crew members and developments ashore regarding the support of Nautilus. Pretorius, who no longer works on the yachts due to medical reasons, told SuperyachtNews:

“I suffered a serious injury on board and unfortunately I was not a member of Nautilus – so I plead for any crew member who is willing to listen as there are many situations on board where the crew does not isn’t protected as it should be and that’s where Nautilus helps so much.

There was also a GoFundMe The page created on behalf of the superyacht community and members of the Monaco-based superyacht industry have also been in contact with Polish councilors and MPs to send donations across the Ukrainian border. If any of our readers would like to get in touch with developments regarding the Ukrainian crisis and its impact on the yacht market, please feel free to email us. We welcome contributions and ideas from all of our readers around the world.

Sign up for Nautilus here – https://www.nautilusint.org/en/join/join-online/

Profile Links

International Nautilus

How can the industry help those affected by the Ukrainian crisis?


Click here to become part of The Superyacht Group community and join us in our mission to make this industry accessible to all and prosperous for the long term. We offer access to the superyacht industry’s most comprehensive and longest-running archives of critical information, as well as a comprehensive, real-time database of the superyacht fleet, for just £10 a month , because we are an industry with a mission. Register here.

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How withdrawing from the ISS could impact marine life https://mustangsailing.com/how-withdrawing-from-the-iss-could-impact-marine-life/ Wed, 23 Feb 2022 14:02:17 +0000 https://mustangsailing.com/how-withdrawing-from-the-iss-could-impact-marine-life/ After more than two decades of scientific service, the International Space Station (ISS) should say a final farewell. The research center has allowed us to expand our understanding of the Earth, the solar system and beyond. More than two hundred astronauts have visited the station, while researchers have conducted thousands of experiments and studies, from […]]]>

After more than two decades of scientific service, the International Space Station (ISS) should say a final farewell. The research center has allowed us to expand our understanding of the Earth, the solar system and beyond. More than two hundred astronauts have visited the station, while researchers have conducted thousands of experiments and studies, from researching the origin of stars to understanding the impacts of space on the human body. This space laboratory has touched and transformed almost every major scientific discipline.

Earlier this year, NASA announced plans for the station’s eventual retirement in 2031, but the 450-ton lab is unlikely to face a quick demise. After operations are completed, most dead satellites drift out of orbit and eventually burn up in Earth’s atmosphere.

However, most of the ISS will sink in Point Nemo, a remote region of the Pacific Ocean so far from Earth that many scientists call it a “space graveyard”, after the number of spacecraft buried in the grave. watery.

The isolated expanse of ocean is an ideal place for a spacecraft to crash without causing potential harm to humans or destruction to cities, as described by NASA in the ISS transition plan. The name “nemo” is Latin for “person” and, as its nickname suggests, it is uninhabited by humans. In fact, it is the farthest point of any landmass on Earth.

Point Nemo lies at 48°52.6′S 123°23.6′W in the Pacific Ocean. Google Earth

There is virtually no life in the nutrient-poor waters – the lack of biological diversity is one of the reasons Point Nemo is used as a galactic dumping ground. At one time, Point Nemo offered a perfect blank canvas to study a deep underwater location completely untouched by the human environment, says Leila Hamdan, associate director of the university’s school of ocean science and engineering. of southern Mississippi. Hamdan studies the biogeography of the deep sea, in particular how shipwrecks alter the biodiversity of the ocean floor.

But big tech exposed to the elements of space presents a whole different set of unknown variables. As the clock ticks on the impending aquatic fate of the ISS, some wonder how space exploration ultimately impacts marine life.

“Before we even have the technology to go [to Point Nemo]and put deep submersibles in the ocean and collected samples there, we already put the relics of space exploration there,” says Hamdan.

According to Hamdan, it is unclear whether the long-term effects of launching satellites into the ocean have a positive or negative impact on marine wildlife and local ecology. But shipwrecks could offer clues, she says.

When a ship runs aground, the microbes that surround the wreckage tend to be more diverse and play an important role in keeping the environment healthy. However, unlike ships that sail across the sea, these Earth-orbiting structures have traveled through space. The ISS, for example, contains decades of experimental equipment, materials and even traces of altered human DNA. It’s unclear what kind of long-term effects the craft — and what they’re carrying — will have on Earth’s seabed.

“It will be a very large human structure with a lot of human material, which is now resting on the seabed,” she says. “It would be naive to think that this is not going to change the ecology that is present.”

[Related: This meteor-tracking system could prevent a falling-rocket debris disaster]

Space debris is just one type of marine debris that contributes to the growing and widespread pollution of Earth’s oceans. According to the Office of Coastal Management, more than 800 marine species have been injured, sickened or died from consumer plastics, metal, rubber, paper and other debris. While the ISS is larger than most trash in the ocean, other experts worry less about its immense size compared to other sunken trash.

“If you look at the volume of the International Space Station, it’s nothing compared to an oil tanker,” says Cameron Ainsworth, associate professor of physical oceanography at the University of South Florida’s College of Marine Science. An average 700-foot-long tanker easily exceeds the ISS’ end-to-end length of 356 feet, making the station equivalent to “a few tons of aluminum crashing into the ocean, which won’t have no more impact than a sinking ship.”

But as Earth’s orbit becomes increasingly cluttered with a host of space junk, those few hundred pounds of debris per craft will eventually pile up.

“The ocean is not an unlimited repository for all of our space junk,” says Erik Cordes, professor and vice president of biology at Temple University. Cordes, who was one of many experts called in to help after the 2010 Deepwater Horizon oil spill, knows all too well the damage human activities can have on marine life.

While he understands the appeal of landing decommissioned spacecraft as far away from people as possible, Cordes says there are a lot of “unpredictable” consequences to dropping tons of scientific equipment into an area that scientists don’t. don’t know enough.

“People usually think of the deep sea as one big, muddy, barren desert, and it really isn’t,” he says. “The more we explore, the more we begin to discover some truly incredible habitats, ecosystems and animals at the bottom of the ocean.”

[Related: The ocean is a giant dump for chemical weapons. Can we clean it up before it’s too late?]

Marine scientists often have to resort to guesswork about what’s lurking on the ocean floor, Cordes says. But until they have real data, such as high-resolution maps and images to scan the deepest parts of the seafloor, more work is needed before it becomes possible to predict the impact. term, if any, of falling satellites into the Earth’s oceans.

NASA states in the ISS teardown debrief that impacts to marine life are likely to be minimal: “During descent through Earth’s atmosphere, the space station would burn, shatter and vaporize into fragments of varying sizes. Some station fragments [sic] would likely survive the thermal stresses of reentry and fall to Earth. The environmental impacts of this debris in the predicted impact area are expected to be low. »

When PopSci contacted NASA and other government agencies for comment, they said there was no official effort to track space debris after it fell into the ocean. There is still time to explore other avenues or implement marine habitat monitoring before the ISS begins its decommissioning plans in 2030. NASA writes in the transition plan that it will continue “ Investigate alternative footprint targets and ground paths for station disposal to minimize risk. for [sic] The population of the Earth. But until scientists know more, it’s a waiting game.

“I think with all the money we’re spending putting this thing out there,” Cordes says, “we should spend some money to find out what happens when it comes back down.”

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10 retailers to watch for bankruptcy filing in 2022 | Stark & ​​Stark https://mustangsailing.com/10-retailers-to-watch-for-bankruptcy-filing-in-2022-stark-%e2%80%8b%e2%80%8bstark/ Tue, 08 Feb 2022 17:13:33 +0000 https://mustangsailing.com/10-retailers-to-watch-for-bankruptcy-filing-in-2022-stark-%e2%80%8b%e2%80%8bstark/ [ad_1] The last half of 2021 has been practically a ghost town for filing retail bankruptcies. However, the rise of the Omicron variant has significantly delayed a full return to normal for malls. The good news is that the vaccines are working, people are cautiously getting back to work, and the economy is doing well. […]]]>


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The last half of 2021 has been practically a ghost town for filing retail bankruptcies. However, the rise of the Omicron variant has significantly delayed a full return to normal for malls. The good news is that the vaccines are working, people are cautiously getting back to work, and the economy is doing well. Yet with the end of COVID-related aid and eviction moratoriums, there are a number of “problem tenants” who may not be able to recover or adapt, forcing them to use the bankruptcy process to remain viable.

Here are our top 10 retailers to watch for possible Chapter 11 filings in 2022.

  1. AMC – Why go to the cinema when you can stream? According to motley fool, despite the over $917 million cash injection from investors earlier this year, there are still plenty of hurdles for the movie company. The rise of streaming services, the slow return of consumers to movie theaters and a significant portion of their current non-convertible debt are all signs that there is a high likelihood of filing for bankruptcy to restructure debt. While a filing isn’t imminent, could it happen later this year?
  2. Pie Five and Pizza Inn – Two for one? Mashed reports that Pie Five and Pizza Inn are owned by the same parent company, Rave Restaurant Group. Pie Five has a fast and casual focus, where diners choose their toppings at the counter and watch their pies being loaded and placed in an oven. Pizza Inn offers buffet style pizza locations. Both types of restaurants have been significantly impacted by the pandemic. Can they survive?
  3. Nine West – Footwear Company enters a Chapter 22? The women’s shoe company, owned by Premier Brands Group Holdings, previously filed for bankruptcy in 2018. At the time, it reduced debt and sold the Anne Klein brand. However, according to Business Intern, the pandemic caused a significant drop in revenue. The company appears ready for a Chapter 22 filing, which is a second Chapter 11 bankruptcy a few years after the first filing.
  4. Mattress Firm – Chapter 22 later this year? The company filed for an IPO in early January. Previously, it exited Chapter 11 in 2018 and now has 2,600 stores. However, according to Barrons, the company is highly leveraged with total liabilities of approximately $3.5 billion and long-term net debt of approximately $1.2 billion. Can the company continue to operate with so many stores without filing for bankruptcy?
  5. Barnes and Noble – Can he survive? The acquisition of Paper Source aimed to create synergies between the two. However, the business relies heavily on food concessions and in-store customers. Have shoppers’ habits changed for good due to the pandemic? Forbes still has it on its list of specialty retailers to watch for a Chapter 11 filing.
  6. Rite Aid – A healthier population hurts business. com notes that the US drugstore chain, with 2,500 stores in 19 states, has struggled during the pandemic as fewer people caught colds or coughs while sheltering in their homes. According to Moody’sthe company is in danger of default because it has $1.5 billion in high-risk debt outstanding.
  7. Equinox – Another gym folder? According to Crain’s New Yorkthe landlords are suing the private health club for more than $6 million in back rent. Bloomberg noted in February 2021 that the company had reached an agreement that released it from a limited guarantee of SoulCycle’s $265 million credit facility with lender HPS Investment Partners. Still, high rent, multiple locations and other debt issues make the gymnasium an ideal candidate for a Chapter 11 restructuring.
  8. The place of children – The losses continue to accumulate. According to Forbes, the pandemic has accelerated clothing deposits. One retailer at the top of the list for this year is The Children’s Place. The largest children’s clothing retailer is set to close more than 300 stores. Although the company negotiated about $13 million in rent reductions in Q4 2020 for the COVID shutdown period, that might not be enough to avoid a filing.
  9. The hole – Go bankrupt? S. News and World Report notes that the company’s long-term debt fell from 1.24 billion to 2.21 billion in 2020 due to the pandemic. Any further, The street reported that 350 Gap and Banana Republic stores will be closed through 2023. The company previously closed 217 stores through Oct. 30. Can the company avoid a restructuring to get out of its leases?
  10. Capri- According to msn, the retailer, which operates the Michael Kors, Jimmy Choo and Versace brands, has about $7.5 billion in assets and $1.1 billion in long-term debt. The Street notes that the company will close 170 stores through 2022.

If you are an owner, developer and/or landlord, it is important to know and understand how these changes will affect your mall.

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Major Marine Engineering Equipment Design Market Strategies Adopted by Leading Market Companies – Industrial IT https://mustangsailing.com/major-marine-engineering-equipment-design-market-strategies-adopted-by-leading-market-companies-industrial-it/ Fri, 07 Jan 2022 14:51:41 +0000 https://mustangsailing.com/major-marine-engineering-equipment-design-market-strategies-adopted-by-leading-market-companies-industrial-it/ [ad_1] the Marine Engineering Equipment Design Market accounted for XX million US $ / billion in the year 2021 and is expected to grow at a CAGR of XX% during the forecast period 2020 – 2029, to represent XX million US $ / billion during the year 2029. Global Marine Engineering Equipment Design Market is […]]]>


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the Marine Engineering Equipment Design Market accounted for XX million US $ / billion in the year 2021 and is expected to grow at a CAGR of XX% during the forecast period 2020 – 2029, to represent XX million US $ / billion during the year 2029.

Global Marine Engineering Equipment Design Market is segmented by region into North America, Europe, Asia-Pacific, Middle East and Africa, South America and Central America. The North America regional market is expected to grow at a CAGR of XX, X% to reach XX million USD / billion in 2015 from XX million USD / billion in 2021.

Major players presented in the Marine Engineering Equipment Design market research include the major:

Gusto MSC, F&G, Ulstein, MODEC, Kvaerner, Diamond Offshore, Noble, McDermott

Segment by Type– Transportation Equipment Design– Storage Equipment DesignSegment by Application– Drilling Rig Manufacturing– Shipbuilding– Other

Request a Sample Marine Engineering Equipment Design Market Research Report at – jcmarketresearch.com/report-details/1497163/sample

Since then, the main conclusions of the Marine Engineering Equipment Design Market Research reports highlight crucial progressive industry trends, enabling companies across the value chain to develop effective long-term strategies. Customers get a clear picture of the competition and can develop strategies and modify business expansion plans accordingly. the Marine Engineering Equipment Design Market Research reports cover thousands of global players based on several metrics, such as company revenue, product portfolio, and geographic presence.

jcmarketresearch.com adheres to the codes of practice of the Market Research Society and professionals in strategic and competitive intelligence. The following methodology was followed for the collection and analysis of the data presented in this report:

Blanket:

The objective of the update “jcmarketresearch.comCoverage is to ensure that it represents the most current view of the industry possible. The estimated revenues of all major companies, including private and government, are brought together and used to prioritize coverage. Companies that make the news, or that are of particular interest because of their innovative approach, are given priority.

Secondary research:

The marine engineering equipment design research process begins with comprehensive secondary research using internal and external sources to obtain qualitative and quantitative information relating to each marine engineering equipment design market. Secondary research sources that are generally referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports and investor presentations related to the design of marine engineering equipment
  • Specialized journals of the marine engineering equipment design industry and other publications
  • National government documents related to the design of marine engineering equipment, statistical databases and JC market studies
  • Press articles, press releases and webcasts related to the design of marine engineering equipment specific to companies operating in the market

REMARK: All financial items considered in the Company Profile section have been normalized to US dollars. This was done after converting the financial statements (for those that are not in US dollars) with the respective exchange rates for the year in question.

Get a discount on the design of marine engineering equipment [email protected] jcmarketresearch.com/report-details/1497163/discount

Primary research:

“Jcmarketresearch.com” conducts hundreds of primary interviews per year with participants and industry commentators to validate its data and analysis. A typical research interview on the design of marine engineering equipment has the following functions:

  • Provides first-hand insight into the Marine Engineering Equipment Design market size, market trends, growth trends, competitive landscape and future prospects
  • The market for the design of marine engineering equipment validates and strengthens the results of secondary research
  • The marine engineering equipment design market further develops the expertise and market understanding of the analysis team

Order a copy of this Marine Engineering Equipment Design Market research report at – jcmarketresearch.com/checkout/1497163

The primary research involves email interactions and telephone interviews for each marine engineering equipment design market, category, segment and sub-segment across all geographies. Participants who typically take part in such a process include, but are not limited to:

  1. Participants from the marine engineering equipment design industry: Vice Presidents, Business Development Directors, Market Intelligence Directors and National Sales Directors
  2. External experts in the design of marine engineering equipment: Industry valuation experts, research analysts and key opinion leaders

About Us

jcmarketresearch.com is a global provider of market research and consulting services specializing in providing a wide range of business solutions to their clients, including market research reports, primary and secondary research, demand forecasting services, focus group analyzes and other services. We understand how important data is in today’s competitive environment and as a result, we have collaborated with the industry’s leading research providers who are continuously working to meet the ever increasing demand for reports. market research throughout the year.

Contact us:

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Does CSSC Offshore & Marine Engineering (Group) (HKG:317) have a healthy balance sheet? https://mustangsailing.com/does-cssc-offshore-marine-engineering-group-hkg317-have-a-healthy-balance-sheet/ Fri, 24 Dec 2021 08:00:00 +0000 https://mustangsailing.com/does-cssc-offshore-marine-engineering-group-hkg317-have-a-healthy-balance-sheet/ Howard Marks said it well when he said that, rather than worrying about stock price volatility, “the possibility of permanent loss is the risk I worry about…and that every practical investor that I know is worried”. So it seems smart money knows that debt – which is usually involved in bankruptcies – is a very […]]]>

Howard Marks said it well when he said that, rather than worrying about stock price volatility, “the possibility of permanent loss is the risk I worry about…and that every practical investor that I know is worried”. So it seems smart money knows that debt – which is usually involved in bankruptcies – is a very important factor when you’re assessing a company’s risk. We can see that CSSC Offshore & Marine Engineering (Group) Company Limited (HKG:317) uses debt in its business. But the more important question is: what risk does this debt create?

When is debt a problem?

Debt helps a business until the business struggles to pay it back, either with new capital or with free cash flow. In the worst case, a company can go bankrupt if it cannot pay its creditors. Although not too common, we often see companies in debt permanently diluting their shareholders because lenders force them to raise capital at a ridiculous price. Of course, the advantage of debt is that it often represents cheap capital, especially when it replaces dilution in a business with the ability to reinvest at high rates of return. When we think about a company’s use of debt, we first look at cash and debt together.

See our latest analysis for CSSC Offshore & Marine Engineering (Group)

What is the net debt of CSSC Offshore & Marine Engineering (Group)?

As you can see below, CSSC Offshore & Marine Engineering (Group) had a debt of 6.16 billion yen in September 2021, compared to 7.25 billion yen the previous year. However, he has 7.56 billion Canadian yen in cash to offset this, which translates to net cash of 1.40 billion Canadian yen.

SEHK: 317 Historical Debt to Equity December 24, 2021

How healthy is the CSSC Offshore & Marine Engineering (Group) balance sheet?

We can see from the most recent balance sheet that CSSC Offshore & Marine Engineering (Group) had liabilities of 17.2 billion yen coming due within one year, and liabilities of 3.62 billion yen due beyond. In compensation for these obligations, it had cash of 7.56 billion yen as well as receivables valued at 5.74 billion yen due within 12 months. Thus, its liabilities total 7.51 billion Canadian yen more than the combination of its cash and short-term receivables.

This shortfall is not that bad as CSSC Offshore & Marine Engineering (Group) is worth C$22.3 billion and therefore could probably raise enough capital to shore up its balance sheet, should the need arise. But it is clear that it must be carefully examined whether he can manage his debt without dilution. Despite its notable liabilities, CSSC Offshore & Marine Engineering (Group) has a net cash position, so it is fair to say that it is not very leveraged! There is no doubt that we learn the most about debt from the balance sheet. But you can’t look at debt in total isolation; since CSSC Offshore & Marine Engineering (Group) will need income to repay this debt. So, if you want to know more about its earnings, it might be worth checking out this graph of its long-term trend.

Over the past year, CSSC Offshore & Marine Engineering (Group) recorded a loss before interest and taxes and actually reduced its revenue by 24% to 12 billion yen. To be honest, that doesn’t bode well.

So how risky is CSSC Offshore & Marine Engineering (Group)?

While CSSC Offshore & Marine Engineering (Group) lost money in earnings before interest and tax (EBIT), it actually recorded a paper profit of 350 million Canadian yen. So taking that at face value, and considering the money, we don’t think it’s very risky in the short term. Until we see a positive EBIT, we are a little cautious on the stock, especially given the rather modest revenue growth. When analyzing debt levels, the balance sheet is the obvious starting point. However, not all investment risks reside on the balance sheet, far from it. We have identified 3 warning signs with CSSC Offshore & Marine Engineering (Group), and understanding them should be part of your investment process.

Of course, if you’re the type of investor who prefers to buy stocks without the burden of debt, then feel free to check out our exclusive list of cash-efficient growth stocks today.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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Lecturer in marine biology job with UNIVERSITY OF SOUTHAMPTON https://mustangsailing.com/lecturer-in-marine-biology-job-with-university-of-southampton/ Wed, 22 Dec 2021 06:11:00 +0000 https://mustangsailing.com/lecturer-in-marine-biology-job-with-university-of-southampton/ [ad_1] Marine biology and ecology Site: Southampton National Oceanographic Center Salary: £ 39,739 to £ 50,296 per yearFull time, permanent Closing Date: Monday January 31, 2022 Interview date: Be confirmed Reference: 1648421HN Join us and be a part of the future of ocean and earth science. We are looking to make a Professor appointment in […]]]>


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Marine biology and ecology

Site: Southampton National Oceanographic Center
Salary: £ 39,739 to £ 50,296 per year
Full time, permanent
Closing Date: Monday January 31, 2022
Interview date: Be confirmed
Reference: 1648421HN

Join us and be a part of the future of ocean and earth science.

We are looking to make a Professor appointment in the field of Ocean and Earth Sciences as part of a series of 4 new appointments to further improve our directed research. education and extend the international reach of our to research and business Activities. This will be the first part of a series of appointments planned over the next five years. You will have an exciting opportunity to influence the ocean and earth science agenda at a world renowned school at the University of Southampton. Our school is proud of to research which spans marine biology and ecology, physical oceanography, paleooceanography and paleoclimate, marine biogeochemistry, geology and geophysics and geochemistry. We run the prestigious NERC INSPIRE Doctoral Training Program (DTP) and is home to one of the largest ocean and earth science graduate schools in the world, with over 150 doctoral students. We are an integral part of both interdisciplinarity Southampton Marine and Maritime Institute and Institute of Life Sciences. We are home to the only Regius Chair in Ocean Sciences in the country. Based at the National Oceanography Center in Southampton, we offer a range of unique and world-class products facilities. We collaborate widely both nationally and internationallyincluding our close collaborative relationship with the freelance National Oceanographic Center.

You will have a growing international profile in one aspect of marine biology. The ability of organisms to respond and adapt to environmental and climate change and / or other human activities can have major implications for food security, coastal and marine protection, restoration, and long-term management strategies. term. We are seeking an outstanding marine biologist, with interests in whole animal biology and ecophysiology or related research areas that address the challenges of marine conservation, management and food security. The school is exceptionally well equipped to support this work, housing a multi-user aquarium and experimental facilities capable of strict environmental control and hyperbaric capability. The successful candidate will have an exciting opportunity to build a long-term program that complements existing strengths in this area within the School of Ocean and Earth Sciences and the university at large.

You will demonstrate a passion for education and an ability to enhance our undergraduate and postgraduate program in Ocean and Earth Sciences.

Strong applicants must demonstrate:

  • A doctorate and postdoctoral experience in a relevant discipline
  • Ability to secure peer reviewed funding
  • Evidence of distinction in research through high quality publications
  • Ability to teach at both undergraduate and postgraduate levels

These positions are offered on a permanent full-time basis.

We welcome applications from all applicants interested in the role and those who are committed to helping us create an inclusive work environment. We encourage applications from applicants from Black, Asian and ethnic minority communities, people who identify as LGBTQ +, and people with disabilities.

Interviews will take place in person or online in February 2022. In the event that the interviews are online, applicants who are offered an offer will be invited to campus for further discussion.

What can we offer you

We are an ambitious university community, united and passionate about create an environment where everyone can realize their full potential in education, research and business. As such, we both hold an Athena SWAN departmental bronze award. We value diversity and equality and recognize that employees may wish to have work models that match their family responsibilities or work-life balance. Particular attention will be paid to applicants who have had a career break for reasons such as maternity, paternity or adoption leave, disability or illness. We offer a generous vacation allowance and additional university shutdown days, subsidized health and fitness facilities, and access to the University Pension Plan (USS).

For more details on the position, you are welcome to contact the School Principal Prof. Mark Moore cmm1g06@soton.ac.uk 44 (0) 2380599006

This position is intended for a lecturer / associate professor, please consult the job descriptions indicating the different levels of responsibility and indicate in your application the level for which you wish to be considered.

Application Procedure: Please include details of up to three references, your full CV, list of publications and a 500 word research plan.

Application procedure

You must submit your completed online application form to https://jobs.soton.ac.uk. The application deadline will be midnight on the closing date indicated above. If you require assistance, please call Hannah Nash (HR Recruitment Team) on +44 (0) 23 8059 4043 or email recruitment@soton.ac.uk Please quote reference 1513821BJ on all correspondence.

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Latest Research Reports 2021 Marine Engineering Equipment Design Market Share, Key Segments, Latest Trends, Growth Rate, Revenue, Competitive Landscape, Challenges and Strategies Till 2028 – LSMedia https://mustangsailing.com/latest-research-reports-2021-marine-engineering-equipment-design-market-share-key-segments-latest-trends-growth-rate-revenue-competitive-landscape-challenges-and-strategies-till-2028-lsmedia/ https://mustangsailing.com/latest-research-reports-2021-marine-engineering-equipment-design-market-share-key-segments-latest-trends-growth-rate-revenue-competitive-landscape-challenges-and-strategies-till-2028-lsmedia/#respond Tue, 09 Nov 2021 08:10:13 +0000 https://mustangsailing.com/latest-research-reports-2021-marine-engineering-equipment-design-market-share-key-segments-latest-trends-growth-rate-revenue-competitive-landscape-challenges-and-strategies-till-2028-lsme [ad_1] “ The latest research on the Global Marine Engineering Equipment Design Market report covers the forecast and analysis at the global, regional as well as country level. The study provides historical information from 2016-2021 as well as a forecast for 2021-2028 supported by both volume and revenue (USD Million). The entirety of the study […]]]>


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The latest research on the Global Marine Engineering Equipment Design Market report covers the forecast and analysis at the global, regional as well as country level. The study provides historical information from 2016-2021 as well as a forecast for 2021-2028 supported by both volume and revenue (USD Million). The entirety of the study covers the main drivers and restraints of the Marine Engineering Equipment Design market. this report included a special section on the impact of COVID19. In addition, the outlook for marine engineering equipment design market segments (by major key players, types, applications and major regions), business assessment, competition scenario and trends

Our research team has methodically performed quantitative and qualitative assessments of marine engineering equipment design market dynamics, considering a large number of features including market penetration, portfolios, user industries endpoints, price structure and the major drivers, restraints, opportunities and challenges primarily affecting the growth of the marine engineering equipment design market.

Our report will help you find what you are looking for. Get FREE Request PDF Sample @ https://globalmarketvision.com/sample_request/126230

Key players in the global marine engineering equipment design market

This report on Global Marine Engineering Equipment Design Market contains a list of some of the major companies in the market. In addition, it also includes detailed information about competitors and recent market developments. The gathered information speaks about the global manufacturers and revenue with the production data of the manufacturers during the forecast period.

The best players analyzed in the report are:

Gusto MSC, F&G, Ulstein, MODEC, Kvaerner, Diamond Offshore, Noble, McDermott.

Global segmentation of the marine engineering equipment design market:

Market segmentation by product type:

Design of transport equipment, Design of storage devices

Market segmentation by application:

Manufacture of drilling platforms, Shipbuilding, Others

Annual Report Key Research and Opportunities Marine Engineering Equipment Design: This business research examines the geographic market penetration in the world. The market report analyzes the market capacity of each geography based on CAGR, financial parameters, customer spending behavior, and industry supply and demand scenarios. Geographically, this report is divided into numerous regions that are vital in terms of consumption, development, profit and growth.

Geographically, the detailed analysis of the consumption, revenue, market share and growth rate of the following regions:

  • North America (United States, Canada, Mexico)
  • Asia Pacific (China, India, Japan, Taiwan, South Korea, Australia, Indonesia, Singapore, Malaysia, rest of Asia-Pacific)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, rest of Europe)
  • Central and South America (Brazil, Argentina, Rest of South America)
  • Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Rest of Middle East and Africa)

The global marine engineering equipment design market is segmented on the basis of product type, application, and end-use industries. The growth among the different segments helps you to gain the knowledge related to the different growth factors that are expected to be prevalent in the market and to formulate different strategies to help identify the main application areas and the difference between the target markets. The report also incorporates the most recent types of advancements and improvements in the trading space that are apparently going to impact that trading space.

The main questions answered by this report are:

  • Which segment is performing well in the unstructured data solutions markets over the predicted years?
  • In which market should companies approve their presence?
  • What is the projected growth rate of the market?
  • What are the long term flaws in the industry?
  • How does the stock market change in value with different brands of manufacture?
  • What are the strengths and weaknesses of the key players?
  • What are the main end results and effects of the research on the five strengths of the industry?

The conclusion part of their report focuses on the existing competitive analysis of the market. We have added useful information to both the industry and our customers. All the major manufacturers included in this report are committed to expanding their business in the region. We would like to thank industry experts in unstructured data solutions, public relations engineers and test groups for their support and support during research and conventions. You can also view data on market rates, volume, revenue, supply and demand.

Apply to purchase this report below @ https://globalmarketvision.com/checkout/?currency=USD&type=single_user_license&report_id=126230

If you have any special requirements, please let us know and we will offer the report to you at a custom price.

Impact of COVID-19:

The COVID-19 outbreak has impacted markets and customer behavior in a short time, and is having a significant influence on economies and society. With offices, educational institutions and manufacturing facilities closed indefinitely, major sports and events postponed, and work-from-home and social-distancing rules in place, businesses are increasingly looking for technology to help them get through these difficult times. The COVID-19 epidemic is wreaking havoc in businesses around the world.

About Global Market Vision

Global Market Vision is made up of an ambitious team of young, experienced people who focus on the details and deliver the information according to the client’s needs. Information is vital in the business world and we specialize in disseminating it. Our experts not only have in-depth expertise, but can also create a comprehensive report to help you grow your own business.

With our reports, you can make important tactical business decisions with the confidence that they are based on accurate and well-founded information. Our experts can allay any concerns or doubts about our accuracy and help you tell the difference between reliable and less reliable reports, reducing the risk of making decisions. We can make your decision-making process more precise and increase the likelihood of your goals succeeding.

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Global market vision

Website: www.globalmarketvision.com

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The Department of Marine Biology studies stone crabs https://mustangsailing.com/the-department-of-marine-biology-studies-stone-crabs/ https://mustangsailing.com/the-department-of-marine-biology-studies-stone-crabs/#respond Thu, 28 Oct 2021 12:00:43 +0000 https://mustangsailing.com/the-department-of-marine-biology-studies-stone-crabs/ [ad_1] Photo courtesy of Dr Phillip Gravinese Tim keller Florida Southern College’s Department of Marine Biology received a National Science Foundation grant of $ 294,372 on the behavior and population of Florida stone crabs in the face of overfishing and climate change. Florida provides 99% of all stone crab landings in the United States, being […]]]>


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Photo courtesy of Dr Phillip Gravinese

Tim keller

Florida Southern College’s Department of Marine Biology received a National Science Foundation grant of $ 294,372 on the behavior and population of Florida stone crabs in the face of overfishing and climate change.

Florida provides 99% of all stone crab landings in the United States, being one of the most valuable natural products in the state of South Florida, valued at between $ 20 million and $ 35 million annually. Their claws in particular are in high demand, ranging from three medium to jumbo sizes. However, what makes these crustaceans so attractive to the industry is that they are able to regenerate their claws after being harvested.

Louisiana State University, an institution that received a grant of $ 922,033 to conduct research on stone crabs, is partnering with Florida Southern College to build a biophysical model that predicts possible changes in the population of stone crab in the future.

According to Dr Philip Gravinese, who is leading part of the Florida Southern Project, the Department of Marine Biology will hatch stone crab larvae and monitor their behavior and health in reservoirs that will simulate ocean acidifying conditions and changes in seawater. temperature.

Students will observe how the larvae react to environmental changes, as well as their mortality and growth rates. Additionally, a small number of students will have the opportunity to conduct undergraduate research in the Florida Keys water. Students will work with stone crabs and fisheries.

Climate change will affect the oceans in multiple ways, and the model that the research project aims to build in the long term is the first of its kind. It includes the conditions of climate change, the health of the fisheries and a commercially important animal.

Ultimately, this model could be used with other commercially viable animals on which industries depend in particular. The aim is to help these industries predict how climate change could affect their businesses in the years to come, as well as to help ensure the sustainability of the fishery in the long term. An industry where even slight regulations expose the inhabitants to bankruptcy.

In Miami, near where stone crabs are most commonly caught in the Atlantic, small fisheries have struggled to cope with the pandemic, based on their access to the stone crab harvest for win their life.

“Due to the pandemic, the majority of fishermen have all started to take out their traps,” Angel Borden told FUM. She is the Director of Operations for the Lobster Walk Fish Market in Islamorada. “They’re like, ‘We can’t afford to keep fishing.'”

According to the Florida Fish and Wildlife Conservation Commission, the Florida stone crab fisheries have experienced a long-term decline in their harvests, possibly due to overfishing.

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How the natural pigments of marine life inspired a beauty startup – News @ Northeastern https://mustangsailing.com/how-the-natural-pigments-of-marine-life-inspired-a-beauty-startup-news-northeastern/ https://mustangsailing.com/how-the-natural-pigments-of-marine-life-inspired-a-beauty-startup-news-northeastern/#respond Fri, 20 Aug 2021 07:00:00 +0000 https://mustangsailing.com/how-the-natural-pigments-of-marine-life-inspired-a-beauty-startup-news-northeastern/ [ad_1] While earning a PhD in chemistry at Northeastern, Camille Martin worked with Leila Deravi, an assistant professor of chemistry and chemical biology, who has been exploring pigments and proteins in marine life for six years. Martin recognized an opportunity to develop beauty products from marine ecosystems. Martin and Deravi co-founded Seaspire Skin Care, a […]]]>


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While earning a PhD in chemistry at Northeastern, Camille Martin worked with Leila Deravi, an assistant professor of chemistry and chemical biology, who has been exploring pigments and proteins in marine life for six years.

Martin recognized an opportunity to develop beauty products from marine ecosystems.

Martin and Deravi co-founded Seaspire Skin Care, a promising 2019 startup. The progress Martin was pushing inspired other budding entrepreneurs to contact her for information and advice. As a result of these connections, Martin formed Alexandria Growth Brands, a Massachusetts-based company that supports aspiring entrepreneurs looking to start tech companies.

In support of his efforts, Martin received a first prize of $ 5,000 Innovator Award north-east Women who empower themselves inclusion and entrepreneurship initiative. The awards recognize 19 female graduates or current students at Northeastern. The organization is distributing a total of $ 100,000 in grants to help fund 17 businesses.

Martin was not considering becoming an entrepreneur.

“All of my early efforts were focused on creating a great resume to get a job at a multinational beauty company,” Martin said. “I never thought I would be able to do the kind of work I do right now: running a commodities company and thinking about how we can support emerging brands. “

Martin was a doctoral student in the Northeast when she co-founded Seaspire Skincare, which develops new ingredients inspired by marine ecosystems that can be used to treat cosmetic and chronic skin conditions. Photo by Alyssa Stone / Northeastern University

Her career plans changed when she hooked up with Deravi. Their partnership resulted in the filing of two provisional patents in their first three months together.

“We had worked on the study of animals with changing colors such as octopus, squid and cuttlefish,” explains Martin. “They are known to quickly change their appearance when it comes to their texture, color and shape. Initially, we were interested to see how a molecule found in these animals could be used as a new dye for cosmetics.

Deravi would become Seaspire’s scientific advisor. Martin, the CEO, focused on business applications of science with support from Kevin Scanlon, a professor of entrepreneurship and innovation practice at Northeastern.

“She [developed] a business plan, an investor presentation and a customer survey on the product, ”says Scanlon, who has advised Martin for several years. “Camille is one of the best entrepreneurs I have met at university, an intelligent, balanced and attentive personality.”

Seaspire is in the process of selling its proprietary ingredient blends to partners who could apply them to their product lines, Martin explains. Along the way, she applied the lessons of her startup to advise the three teams of entrepreneurs who could sign with Alexandria Growth Brands.

“Women are my first target group,” says Martin. “But I also hope to reach out to other people who may also be underserved for entrepreneurship. It can be a racial demographics; it may be in places, to help people in rural areas.

“This capital,” she says of her $ 5,000 Innovator Award, “is going to be used to help these groups.”

Martin hopes to establish a long-term relationship with Women Who Empower.

“I look forward to further developing relationships with Northeastern’s entrepreneurial ecosystem and creating a pipeline to engage with students,” says Martin.

For media inquiries, please contact media@northeastern.edu.

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