Should outdoor adventurers pay for their rescue?

first_imgYES: Live Free and DiePrintI was born and raised in New Hampshire, home to the state motto “Live Free or Die” and the White Mountains National Forest, a big chunk of wilderness that attracts hikers, climbers, skiers, and snowshoers. More and more of these folks need rescuing every year.The Fish and Game Department oversees all search-and-rescue missions, with much of the field work done by volunteers and, in certain areas, by rangers employed by the U.S. Forest Service. Since 2006, there have been 957 missions costing $1.8 million.Even with a New Hampshire law that allows negligent hikers to be charged for rescue, fewer than 60 percent pay up.Every rescued wilderness traveler should pay a portion of the cost. Negligent or not, prepared or not, accidents happen. Rather than place blame on the lost and injured, we should assign shared responsibility for all those using the wilderness. As for the notion that some people might not call for fear of getting a bill? Well, isn’t that one of the categories for getting a Darwin Award?One solution, currently under consideration in New Hampshire, is a voluntary, once-yearly “Hike Safe Card,” which would entitle the bearer to no-charge search and rescue, with an estimated cost of $18 per card. This shares the cost and undercuts the risk of stranded hikers being too scared to call for help. And if it works in New Hampshire, maybe other states, not to mention the National Park Service, can also ease the massive cost of their rescues with similar measures.If the card becomes a reality in New Hampshire, you can bet I’ll be the first in line. In fact, I’ll give them as birthday presents until everyone I know who might need one has one. Until then, if someone needs rescuing in the wilds, send ‘em a bill.Tim Milton is the executive editor of and lives and hikes in New Hampshire.NO: Don’t Charge for RescuesWe live in a sound-bite culture that seduces us with remarks like “let the idiots pay for their mistakes.” This is the same mentality that says lion attacks strengthen the zebra herds, but there are two small problems: We’re not lions, and we’re not zebras. We’re people, and we take care of our own.I can see why people are tempted to think it’s a good idea to force lost hikers to pay for their rescues. And I can see why cash-strapped agencies would like to recoup some of their costs. And I would like to do something to recognize the incredible risks careless hikers impose on their rescuers when they stray from the trail and remain lost for days. I just don’t think forcing the rescued to pay for their rescues is a humane response to any of these issues.Few things in life are more disorienting and terrifying than being truly lost in the woods. The one thing that sustains hope is the prospect that people will come looking for you. It’s a pretty short trail from billing for rescues to placing a dollar estimate on the value of human life. And let’s not forget the unintended consequences of what lost hikers might do if they know they’ll get stuck with a $25,000 tab for a rescue. Will they panic at the first sign of being lost? Will they take even more risks to get “found” sooner, and get themselves into deeper trouble? Will they never step foot off the main trail and abandon the spirit of adventure that got them hooked on hiking to begin with?I’ve seen the “you could be billed for your rescue if you get lost” warnings at trailheads and they make sense to me, especially at remote wilderness locales. And I understand when an agency might feel an outdoor adventurer has behaved so recklessly that he deserves punitive damages. But when it comes to setting a general policy I say: We find our people in the hope that on the day we’re lost, they’ll find us. Don’t put a price tag on that.Tom Mangan is a hiking enthusiast and freelance journalist hailing from North Carolina. He shares his hiking thoughts at Two-Heel Drive.last_img read more

Backyard Badass: Meet Mark Singleton

first_imgOur next Backyard Badass feature shines the spotlight on one of the greatest unsung heroes the paddling community has ever known. As Executive Director for American Whitewater, Mark Singleton takes Blue Ridge Outdoors Magazine’s motto “go outside and play” very seriously—by day, he’s donning a suit and tie to sit before a congressional committee on behalf of every dirtbag raft guide and kayak bum in the country, fighting the fights no one wants to, but everyone should.By night (and of course, on the weekends), he’s a father of two, a husband, and an adventure machine. From the shores of Micronesia to the mountains of western North Carolina, check out how Mark came to live, breathe, and work adventure for over 30 years.BRO: What were the early years of a young Mark Singleton like? How did you come to be such an experienced outdoorsman?MS: I was pretty much thrown into it kicking and screaming. I was introduced to the outdoors primarily through traveling with my parents. I was born in Micronesia where my parents taught high school as part of an American international development effort, sorta like the precursor to the Peace Corps. We traveled the Pacific Rim, from Micronesia to California to Japan. The first teaching gig for my dad [after obtaining his PhD in anthropology from Stanford] was in Hawaii.Mark Singleton SUPBRO: What is your earliest memory of paddling?MS: When we lived in Hawaii, my parents were part of a YWCA. There were a lot of older Hawaiian guys who paddled outrigger canoes which were dugouts made of wood. The old Hawaiian guys would grab young kids that were just hanging around this Y and take us out to surf. Our job was to dive for the bailers whenever those dugouts capsized, which, they’d go down regularly because there wasn’t any rocker. That was my introduction to the paddling. It’s funny because I still remember very clearly the first time I was in a dugout. You could feel it pop up on the wave and hum down this face. I’ve just been chasing that sensation ever since.BRO: Talk about that some—where did chasing that sensation lead you after Hawaii?MS: We moved near Pittsburgh where I went to high school. That was a bit of a tough transition for me. But my parents, they were smart. They got me involved in outdoor activities in western Pennsylvania. I started whitewater paddling in the Ohiopyle area and started to ski. I started teaching skiing at a pretty young age outside of Pittsburgh and started guiding river trips in Ohiopyle. Those were really fun years because you could ski in the winter, paddle in the summer, and I ended up doing that both through high school and college. Eventually I did a lot of work in the ski industry after college.BRO: Did you pick up traveling again after college?MS: I ran the ski school at Wintergreen during the mid to late 80s. It was the perfect job for me, because I worked seven months a year from Halloween to April Fools’ then took the rest of the year off. I was able to chase rivers and started wind surfing. I spent a lot of time cycling.BRO: Where did you spend your time during the off-season?MS: For paddling I would start in West Virginia for the spring season then go out to Idaho or Wyoming or Washington for the summer then come back East for the Gauley in the fall. That made for a nice paddling circuit. I also spent a summer cycling through Europe then into Nepal and Tibet. Eventually I started doing a lot of wind surfing in Hatteras then the Columbia River Gorge.ValleyFalls1985_landingBRO: Wow. It definitely seems like there are some perks to being employed seasonally.MS: The reality of that [line of work] is I never had any money but I did have the freedom and time to do it. I didn’t have a lot of responsibilities then. I was single, I didn’t have kids, and I took full advantage of that in terms of being able to travel and pursue the things I wanted to do.BRO: How has your relationship with adventure changed since then?MS: For the last 20 years, I now work all of the time. I’ve got teenage daughters. Adventure comes in a slightly different package, but it’s still adventure and it’s still really fun and really good and we still do a lot outside. Things may change but lifestyle is a choice. For me, the outdoors and pursuing activities that keep me close to the outdoors is just something that has been really important to me.Melford trackBRO: How did you end up working for American Whitewater (AW)?MS: Well, the NOC [Nantahala Outdoor Center] was looking for a Marketing VP, which is what brought me to western North Carolina. I worked for about 12 years as their marketing person before I was basically recruited as executive director in 2004.BRO: Can you think of one success story from your time with AW that hits particularly close to home?MS: Taking the job at the NOC was probably the worst thing I ever did for my paddling but the best thing I ever did for cycling. One of my favorite training rides was starting in the Nantahala Gorge and riding out to Fontana Lake up the Cheoah River drainage which, in the mid to late 90s, there was never any water in the riverbed [of the Cheoah]. It was a dry river. I remember cycling up the Cheoah thinking, man it’d be great to paddle that if there was ever any water in it. Then, in early 2000, AW was able to renegotiate a license with a flow schedule. For the first time in more than 50 years, the river flowed again. The combination of recreational and base flows have really restored that river.BRO: Since taking this job with AW, how has your appreciation of the natural world evolved?MS: When I was in my 20s and into my 30s, it was all about me. I wanted to ski, I wanted to paddle. I chased it really hard and I totally enjoyed that. It was great. Now, I’ve certainly become more of an advocate. If you like these places [where you play] you need to step up and be a voice to protect them. If you don’t, who will?BRO: What would you say is the most crucial piece of the conservation puzzle?MS: It’s really tough to love something you don’t know. You need to know it first and through knowing it really well, you develop this passionate connection with that medium that you’re interested in.BRO: What has adventure taught you?MS: At one level, it’s helped me understand who I am and how I relate to things. For me, my learning style is very much by being out there doing stuff. On another level, it’s taught me to be reliant. You have to learn to adapt. And a third level is how important the outdoors are to the American experience. Here in the United States we are incredibly fortunate to have public lands that are, generally, managed pretty well, that provide for close-to-home and faraway recreational opportunities. Those things are incredibly important to who we are as a country and what we think of when we think of the American psyche.BRO: What do you like about life in WNC?MS: Western North Carolina is one of the last great places of the United States. The county where I’ve spent a lot of time living is owned close to 80% by the federal government, meaning it’s pied up by national forest, national parks, and other federal holdings. It’s got such great access to outdoor recreation. Obviously, I’ve spent a lot of time in a lot of different areas and western North Carolina still holds my interest.Singleton familyBRO: How do your children take to adventure?MS: I have two daughters who are 14 and 16. We have family contracts that in the wintertime, my wife will post on the refrigerator and the kids have to sign it. It says, “If you want your allowance, you have to go skiing with us when we say so.” It’s not all bad, but teenagers like their sleep.BRO: What is your favorite river?MS: My favorite river is whatever I happen to be paddling that day.BRO: Favorite place to ski?MS: The center of the ski universe in North America is this place called Jackson Hole. It does have a special place in my heart.BRO: Most proud moment?MS: Watching my kids engage in adult conversations about the outdoors is really special.BRO: Most embarrassing moment?MS: I was recently on an American Whitewater trip with major supporters of AW on a river in Oregon. I was trying to give someone instructions and ended up saying, “You don’t want to go where you’re headed.”BRO: Biggest fear?MS: When I have to go testify in front of a congressional committee, I can’t help but think, “Do I really have something to say that’s going to be worthwhile?”BRO: Any injuries?MS: Shoulders crashing off of bikes, legs and knees skiing…where do you start?BRO: Favorite adventure read?MS: The Emerald Mile. That’s just a great read.BRO: Favorite adventure flick?MS: Damnation – it tells a great story of how quickly rivers can recover when they’re given the opportunity.BRO: Favorite post-paddle eats and drinks?MS: I always look for the local brew pub and local food truck. Those two things go together. Innovation Brewing Co. in Sylva makes a really good “Phat Chance” amber ale that is particularly tasty.BRO: Where is one place in the world you haven’t been to but would like to see?MS: That would take me to Bali. I would love to go there for the beaches.###Join today! Support American Whitewater and give back to the places where you play. AW is always looking for volunteers to help with big events like Gauley Fest (we’ll be there!) and operates entirely on donations. A few bucks can go a long way in protecting your rivers!Have someone you’d like to nominate for our next #BackyardBadass feature? Drop us a line with the who and the why (and any relevant contact information) at or by using the hashtag #backyardbadass on Instagram and Twitter.last_img read more

East Northport Church Donation Box Thief Sought

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Have you seen this suspect?Suffolk County police are asking for the public’s help in finding a man who stole money from a church donation box in East Northport three weeks ago.The thief entered St. Anthony’s Church on Cheshire Place and stole a donation box at 1:45 p.m. Sunday, Feb. 2, according to Second Precinct Crime Section officers investigating the case.The suspect is described as a white man with a thin-to-medium build and gray hair. He was wearing a red shirt. Police released a surveillance photo of the suspect in the hopes that someone will recognize him.Crime Stoppers is offering a cash reward of up to $5,000 for information that leads to an arrest.Anyone with information about this crime is asked to call anonymously to Crime Stoppers at 1-800-220-TIPS. All calls will be kept confidential.last_img read more

Regulating the regulators: It’s your turn, CFPB

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr On May 24, 2016, the House Appropriations Committee released its Fiscal Year 2017 Financial Services Bill (FY17). Aside from its usual job, to appropriate money from the yearly budget, the bill seeks to increase oversight over the Consumer Financial Protection Bureau (CFPB).“Increased Oversight”So what will this increased oversight look like? The relevant provision in FY17 details a three-part strategy for regulating the CFPB:According to the bill, the CFPB’s funding will be subject to the annual congressional appropriations process. Due to Dodd-Frank, funding is currently given to the CFPB directly from the Federal Reserve. Channeling the money through the appropriations process instead will require the CFPB to be accountable for, and transparent with, their use of tax dollars. The CFPB will have to explain what funds are needed, why they are needed, and how they were used.The CFPB will be required to explore pre-dispute arbitration options before issuing and enforcing a regulation. A provision of the bill states that no funds given to the CFPB “may be used to regulate pre-dispute arbitration agreements…and any regulation finalized by the Bureau to regulate pre-dispute arbitration agreements shall have no legal force or effect until the requirements regarding pre-dispute arbitration specified in the report accompanying [the bill] under the heading “Bureau of Consumer Financial Protection” are fulfilled.”The legislation also seeks to change the way leadership is structured within the CFPB. Instead of having a single Director, it would be run by a five-member Commission. The member of the Commission would be appointed by the President. continue reading »last_img read more

Mobile banking and member engagement

first_img continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr At this point, it is cliché to expound on the advances of mobile and its impact on financial services.The bottom line is that consumers—and, therefore, members—expect access to a wealth of information through mobile devices anytime, anywhere.Many credit unions embrace this mobile mindset, but what does that mean for engagement (and spend) in other channels?The answer can be found by tapping into the agenda-setting role mobile banking has on overall member engagement, and using those insights to drive actionable strategy.Mobile banking by the numbersNew Raddon research on mobile engagement reveals that financial institutions have expanded mobile service capabilities significantly over the past six years, and adoption has soared.last_img read more

Group urges next administration to reform public health

first_imgOct 21, 2008 (CIDRAP News) – Drawing on the expertise of more than 150 health experts, Trust for America’s Health (TFAH), a nonprofit health advocacy group in Washington, DC, today released a report designed to help the next president and Congress reform the public health system to improve the nation’s health and emergency preparedness. Levi said the report, “Blueprint for a Healthier America: Modernizing the Federal Public Health System to Focus on Prevention and Preparedness,” contains recommendations that came from a yearlong consensus-building effort among the 150 experts. The report also includes a number of public opinion surveys on Americans’ perceptions of natural disaster and disease threats. At a press conference today, Jeff Levi, PhD, executive director of TFAH, told reporters that the country is losing ground on battling preventable diseases such as diabetes and obesity and could stall in its efforts to prepare for a pandemic or other public health emergency. “We believe Americans deserve better, and these problems place us at a competitive disadvantage,” he said in introducing the 119-page report. A public opinion poll included in the new report found that 78% of Americans believe that a major foodborne disease outbreak will occur again in the next 5 to 10 years, that 65% believe protecting the nation’s food supply should be a primary government responsibility, and that 88% are concerned about the safety of imported food products. In the report, TFAH projects a $20 billion annual shortfall in funding for critical public health problems. Establishing a stable funding stream though various options outlined in the report would require increases of $12 billion at the federal level and $8 billion at state and local levels. Levi said both of the major presidential candidates are concerned about the nation’s public health problems and have said new solutions are needed, as described in recent articles in the New England Journal of Medicine (NEJM). One option could include a “wellness trust”—an independent entity that would fund public health activities and infrastructure improvements with the support of public health agencies and private insurers. TFAH also suggests creating a matching requirement for state and local recipients of new public health funding and private-public partnerships at the state and local levels. A $20 billion funding gapLevi emphasized that the TFAH “blueprint” proposes a public health and preparedness strategy that doesn’t depend solely on the federal government but envisions critical roles for state and local governments. He said some of the key themes of the blueprint are holding funding recipients accountable for progress and results and making prevention a cornerstone of the nation’s health, not just an afterthought. TFAH has recommended that federal officials create a single food safety agency to improve oversight and the efficiency of tasks such surveillance and foodborne illness outbreak response. Bill McInturff, partner and cofounder of Public Opinion Strategies, which also conducted polling for the TFAH report, told reporters that Americans are anxious to hear about solutions to public health problems. “The normal partisan breaks get clearly fuzzy,” he said. However, public health concerns will battle for attention and funding, especially given the difficult economic environment. “The issues will have to fight for their piece of the pie,” he said. Among several specific suggestions for influenza pandemic preparedness, TFAH recommends developing a “Pandemic Vaccine Research and Development Master Plan,” setting more ambitious goals for producing a pandemic vaccine, streamlining the licensing process for flu vaccines, implementing a nationwide system to track the use, safety, and efficacy of vaccines, and increasing the federal stockpile of antiviral drugs to enable it to treat 25% of the population. Pandemic and emergency preparednessThe report urges the next administration to ensure that emergency preparedness is part of the health reform debate. Levi told reporters that strengthening surge capacity is “the single biggest and hardest issue for health preparedness.”center_img TFAH report on modernizing public health The report recommends that the next president appoint a Department of Health and Human Services (HHS) secretary who has a strong understanding of public health, name a public health task force within 90 days of taking office to help set short- and long-term national health goals and make policy recommendations, and issue an executive order that makes improving the nation’s health a priority. Oct 9 NEJM article on John McCain’s health reform views Food safety considerationsMany of TFAH’s recommendations for improving the nation’s food safety system were detailed in a report that the group released in April. In that report, TFAH highlighted several problems with the nation’s current food safety system, including an underfunded Food and Drug Administration (FDA), outdated laws, and safety responsibilities that are spread among 15 different federal agencies. See also: Alan Quinlan, president of Greenberg Quinlan Rosner Research, said at the press conference that opinion polling on behalf of TFAH suggests that 51% of Americans think the country is somewhat prepared for a major disaster such as a hurricane, but not as well as it should be. “In the back of their minds they’re hoping that the government is ready. It’s a soft confidence in government that we are prepared,” he said. Oct 21 TFAH press release To make best use of federal resources, TFAH recommends that the next administration designate a single official at HHS to oversee all emergency preparedness activities and ensure coordination across other federal agencies that have a role in preparedness. Apr 30 CIDRAP News story “Health group urges overhaul of US food safety program” Oct 9 NEJM article on Barack Obama’s health reform views read more

Government prepares cash aid, production subsidies for farmers in need

first_imgRice farmers were projected to produce 5.6 million tons of rice at the peak of the harvest season this month, said the President, twice the country’s monthly consumption.With travel and social restrictions in place to contain the COVID-19 outbreak, food supply chains are somewhat disrupted, causing delays in deliveries. The fast-spreading coronavirus has infected more than 9,500 people in Indonesia and 3 million people worldwide, hurting domestic distribution and shipments of imported products.“Make sure the distribution is going smoothly so that provinces facing staple food deficits can source the supplies from provinces with a surplus,” said Jokowi. “The transportation of goods between provinces and islands should be free of any disruption.”Read also: Government disburses $4.5m in village funds as cash aid for poor familiesTravel and social restrictions had hit farmers hard, because they kept them from finding alternative sources of income outside the harvest season, said Institute for Development of Economics and Finance researcher Bustanul Arifin. Therefore, they needed the assistance to survive.“I think they need more cash assistance in this pandemic,” Bustanul told The Jakarta Post via text message on Tuesday. “Some farmers probably have received seeds and fertilizer.”The government has allocated Rp 110 trillion for social safety nets out of its Rp 405.1 trillion extra COVID-19 spending. That budget includes cash aid for citizens within and outside of the Family Hope Program (PKH) as well as conditional cash transfers for staple foods within and outside of the Staple Food Card Program, on top of cash transfers for villages and villagers.Topics : The plan emerged as the Food and Agriculture Organization’s (FAO) recently warned against the disruption in the food supply chain on top of the likelihood of a prolonged dry season until June in Southeast Asia, which might have adverse effects on agricultural output.Read also: Rice stock in check despite lower production, higher demand: MinistryPresident Joko “Jokowi” Widodo wants to aid farmers to keep them harvesting and thereby prevent the country’s staple food stocks from depleting further. National stocks for commodities such as onion, rice, corn, cayenne pepper, eggs, chili, sugar and garlic are low in several provinces across the country, government data show.“Make sure farmers keep producing while complying with the health protocols and the economic stimulus to reach farmers related to our rice production,” Jokowi told an online briefing on Tuesday. The government plans to provide cash and production subsidies for 2.4 million poor farmers to help them maintain their harvest and survive the COVID-19 crisis.Coordinating Economic Minister Airlangga Hartarto said on Tuesday that the aid comprised of Rp 300,000 (US$19.45) a month in cash assistance and production subsidies such as fertilizer and seeds worth another Rp 300,000.“We hope we can provide it for a three-month period,” Airlangga told an online briefing, without providing further details. “The Agriculture Ministry will lay out the details later.”last_img read more

Read this checklist before you even turn up on auction day

first_imgHaesley Cush in full auction action. Picture: AAP/David ClarkAN agent recently asked me whether a buyer needed to have the deposit at the auction.I was a little surprised at the question given the experience of the agent. But it reminded how specialised auctions are within the industry.The simple answer is yes, you need the deposit at the auction, unless the owner allows for something different, in which case that would apply.For example the standard terms of an auction call for a 10 per cent deposit. But almost every modern auction accepts a five per cent to ten per cent deposit.This reduction is approved by the owners and then offered to the buyers.It made me think about the basic things buyers, and some agents, need to know when bidding at an auction. Some basic auction information: — The name you register in, is the name that goes on the contract. You must know the entity you are buying the property in. Is it your name, your partner’s name, is it a trust fund? More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours ago— Take your drivers licence or passport when registering.A good tip is to register with the agent before the auction date, it saves confusion and leads to less errors on the day. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 7:28Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:28 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenElizabeth Tilley talks prestige property07:29 — Unless you have a personal cheque book, then ask the agent if you can transfer your deposit within 48hrs or ask for a set dollar amount that you can get as a bank cheque.— Settlement can be altered, shorter or longer, but only if the owner accepts. You should ask your agent before the auction day.— You can only sign for yourself, unless you have a written letter from someone else stating you can sign for them eg power of attorney or bidding authority. So if the property has joint owners they must attend or give you a letter.— It is not law on Queensland that a property is announced “On the Market”, it is simply a local traditional. To avoid missing out, you should bid or ask your agent.Getting your terms and bidding entities right is an essential part of a binding contract. To avoid disappointment ensure you speak to your agent before the auction and have all your information in order.last_img read more

Proserv invests in new Great Yarmouth tech center

first_imgEnergy services company Proserv is investing into a new, £7 million worth, purpose built technology center for subsea controls and communications in Great Yarmouth, England. Proserv said on Monday that the move would see around 190 employees consolidate from two sites in the area into the new 65,000 square feet Beacon Park site in Gorleston-on-Sea.The facility will consist of an office, manufacturing and yard space and provide the flexibility to add a further 20,000 square feet of workshop capacity, Proserv explained.The company further added that the construction would begin next month with the building expected to be completed during March 2018.David Lamont, Proserv CEO, said: “Investing in this new facility firmly underlines our long-term commitment to Great Yarmouth and plans for growth in the area.“The center will serve as a global hub and center of excellence for our subsea communication and controls activities and ensures we remain at the forefront of our field. I would also like to extend my sincere appreciation and gratitude to Great Yarmouth Borough Council for their unwavering support over the years in getting us to this exciting stage.”Beacon Park is part of the Great Yarmouth and Lowestoft Enterprise Zone, which focuses on attracting and supporting energy-related businesses within the East of England. Great Yarmouth Borough Council has invested £4.5 million ($5.8 million) in the base, which the council is also developing, with £1.5 million ($1.9 million) coming from New Anglia LEP’s Growing Places Fund. Proserv will fund the remaining sum.In a joint statement, the council’s political group leaders, Graham Plant, Kay Grey, Trevor Wainwright, and Adrian Myers, said: “This landmark development on the Enterprise Zone reflects Great Yarmouth long-standing position as a global offshore energy capital and Beacon Park’s reputation as the location of choice for energy investment and growth.“The borough council is committed to supporting any businesses with aspirations to relocate to or expand within the area.”News of the latest development comes after Proserv recently secured over £12 million ($15.5 million) in contract awards for its new-build, after-market, and decommissioning services.In May, Proserv’s Great Yarmouth team won another project award for the engineering, supply, and installation of a subsea control system for the Finlaggan gas condensate development operated by Zennor Pathway in the Central North Sea. The control system will include Proserv’s Artemis 2G subsea electronics module.last_img read more

BW Gas Gets Financing for BW Integrity FSRU

first_imgCredit Agricole Corporate and Investment Bank (CA-CIB) and KfW-IPEX Bank (KfW) have provided a USD 191.8 million post-delivery financing to a subsidiary of BW Gas regarding the company’s second FSRU, BW Integrity, law firm Watson Farley & Williams (WFW) informed. CA-CIB and KfW acted as mandated lead arrangers and lenders which were advised by WFW on the export credit agency-backed financing.Named in January this year, the FSRU has a storage capacity in excess of 170,000 cubic meters and a peak regasification capacity of 750 meters standard cubic feet per day and will serve Pakistan’s second LNG terminal at Port Qasim. It is currently employed by PGP Consortium Limited, a subsidiary of Pakistan GasPort Consortium Limited.BW Integrity will provide 600 meters cubic feet per day of regasification to state-owned Pakistan LNG Terminals Limited under a 15-year contract.As explained, this transaction is significant as the FSRU will play a vital part of Pakistan’s plan to reduce the country’s gas deficit.“This transaction highlights BW Gas’ commitment in providing … LNG shipping and regasification solutions, this being their second FSRU after BW Singapore. It also shows the support of the lenders towards BW Gas and the energy space,” Madeline Leong, Partner at WFW Hong Kong, commented, adding that Pakistan’s current LNG regasification capacity will be more than doubled with the transaction.last_img read more