- A + A A weekly round-up of tanker and dry bulk market (May 20, 2022) This report is produced by the Baltic Exchange. The Baltic Exchange, a wholly-owned subsidiary of Singapore Exchange, is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. For daily freight market reports and assessments, please visit www.balticexchange.com . Capesize The Capesize market began the week at the summit of the recent rally. This necessitated a breather before sentiment strengthened, helping it to push up throughout the week and marking new highs for the year. The Capesize 5TC rose +US$4,805 over the week to close at US$37,538. The Pacific region, while easily the premium region to trade currently, was in … [Read more...] about Baltic Exchange shipping updates: May 20
20 000 years in sing sing
China Automobile Parts’ external auditor resigns in less than 2 years after appointment
- A + A KUALA LUMPUR (May 20): Messrs CAS Malaysia PLT has resigned as Practice Note 17 (PN 17) China Automobile Parts Holdings Ltd’s (CAP) external auditors with immediate effect. In a filing on Friday (May 20), CAP said it accepted CAS Malaysia’s resignation as its auditors after a notice of resignation dated May 19 was received by the group on Friday. CAP said it “is not aware of any other matters that need to be brought to the attention of the shareholders” of the group, adding that it will appoint new auditors in due course. CAS Malaysia was first appointed as CAP’s external auditor on July 24, 2020, according to prior filings. In October last year, the Securities Commission reprimanded CAP’s former group executive chairperson Wang Yunyun and its former managing director Li Guo Qing, and former non-independent non-executive vice-chairman Ong Juan Tee for allowing the submission and authorising the issuance of CAP’s prospectus that contained financial … [Read more...] about China Automobile Parts’ external auditor resigns in less than 2 years after appointment
Spirit Airlines Pilots Want To Know: Is The Airline Eyeing Flat Pay For Five Years?
Share to Twitter Share to Linkedin Pilots at Spirit Airlines SAVE haven’t taken a position on the carrier’s merger future, but they don’t like what they have seen about the carrier’s plan for their futures. In a letter sent to members on Wednesday, Ryan Muller, chairman of the Spirit chapter of the Air Line Pilots Association, said he is concerned that Spirit has no intent to raise pilot wages over the next five years. Spirit has about 3,000 pilots. Muller said he read a JetBlue Securities & Exchange Commission filing, which described an April 19th conference call in which Spirit management described a five-year plan that “did not contemplate any wage increase for team members, including pilots, at a time of high attrition and an anticipated shortage of pilots.” The call included “members of JetBlue leadership and Spirit’s senior management team, along with representatives from Goldman Sachs, Morgan Stanley MS and Barclays,” Muller said. … [Read more...] about Spirit Airlines Pilots Want To Know: Is The Airline Eyeing Flat Pay For Five Years?
10-year-old girl died doing a TikTok choking ‘challenge’. Her mother is suing the video platform
Nylah Anderson liked to dance along to TikTok and share the platform's short videos. Then, in early December, TikTok's "Blackout Challenge," which dared people to choke themselves until they almost passed out, allegedly caught 10-year-old Nylah's attention in her personalised TikTok feed. Nylah hung her mother's purse by strapping it to a hanger in the closet of her Chester home. She placed her head between the bag and the shoulder strap, putting pressure on her neck, according to court documents. The girl passed out before she could free herself and by the time her mother found her, Nylah was unconscious. The girl died five days later in a children's hospital. Nylah's mother, Tawainna Anderson, sued TikTok and its parent company, ByteDance Inc, in federal court in Philadelphia late last week, accusing the social media platform of being a "dangerously defective" product whose algorithm fed the viral challenge to her daughter's "For You Page," leading to Nylah's death. TikTok's … [Read more...] about 10-year-old girl died doing a TikTok choking ‘challenge’. Her mother is suing the video platform
How This Wine Lover Spotted a Market Gap and Turned It Into a Million-Dollar Business
Erica Davis, 37, knew early on that she wanted to be a business owner. Entrepreneurship runs in her family : Her mother owns Carolyn's Creole Kitchen, a catering business, and her real estate agent grandmother owned a laundromat and purchased several homes on one block so that her children could all live in the same neighborhood. "Being an entrepreneur was always in my career path. It was just about me getting the building blocks that I knew I needed to start a successful business. Everything I've done was strategic to get me to where I am right now," says Davis, who currently runs The Sip, an Oakland, California-based wine tasting subscription service. After graduating from the University of San Francisco with a business degree, Davis was accepted into Gap's nine-month Rotational Management Program, which gives participants interdisciplinary leadership training and hands-on lessons in inventory management, merchandising, and customer engagement. "They call it the … [Read more...] about How This Wine Lover Spotted a Market Gap and Turned It Into a Million-Dollar Business
The Russians Lost An Entire Battalion Trying To Cross A River In Eastern Ukraine
Share to Twitter Share to Linkedin The better part of two or more Russian army battalions—potentially 100 vehicles and more than a thousand troops—in recent days tried to cross a pontoon bridge spanning the Siverskyi Donets River, running west to east between the separatist provinces of Donetsk and Luhansk in eastern Ukraine. Ukrainian artillery caught them at the river bank—and destroyed them. The rapid destruction of around six dozen tanks and other armored vehicles, along with the bridge itself, underscores Russia’s deepening woes as its troops try, and fail, to make meaningful gains in eastern Ukraine’s Donbas region. “We still assess Russian ground force in the Donbas to be slow and uneven,” an unnamed U.S. Defense Department official told reporters on Tuesday. The Russians’ inability to cross rivers might explain their sloth. To be fair, “conducting river-crossings in a contested environment is a highly risky maneuver,” the U.K. Defense … [Read more...] about The Russians Lost An Entire Battalion Trying To Cross A River In Eastern Ukraine
Reporter Claims He Watched John Daly Smoke 21 Cigarettes During A Practice Round Of Golf
The legend of John Daly has continued to grow. Daly is currently competing in the PGA Championship, and reporter Will Brinson shared an epic story about shadowing the golf star several years ago during a practice round. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) View this post on Instagram A post shared by pga_johndaly (@pga_johndaly) Brinson claimed that during a practice round, Daly ripped 21 cigarettes, drank a 12 pack of Diet Cokes and a six packs of peanut M&Ms. Yes, you read all of that correctly. You can check out his Twitter thread breaking it all down below. Anywho, best part of the week was following Daly around for a practice round either Tues or Wed. It’s been a while, I’m old, not sure which. I decided to track what this athletic specimen was putting in his body as he prepared to compete in a high-level professional golf tourney — Will … [Read more...] about Reporter Claims He Watched John Daly Smoke 21 Cigarettes During A Practice Round Of Golf
Songwriter Yumi Lacsamana returns to her first love with ‘Pundi’
Yumi Lacsamana As a professional songwriter, falling into the occasional creative slump is almost an inevitability, Yumi Lacsamana said. But while there are days when inspiration is seemingly depleted, she knows that, somehow, it will always come back sooner or later. “You’ll really come to a point where you feel like you’re running out of ideas, and end up thinking, ‘Is there something I can write that hasn’t been done yet?’” she said in a video conference for her latest single, the pensive piano ballad “Pundi” (Viva Records). But sometimes, all it takes is a random stimulus to get the gears turning. The idea for Sarah Geronimo’s smash hit “Kilometro,” for instance, popped up while she was having coffee with her songwriting partner, Thyro Alfaro. “You can find inspiration anywhere … like, when you’re having coffee when a car comes roaring past. You never know when inspiration will strike, so you don’t really run out of it,” she said. Personal challenges Yumi, who won the … [Read more...] about Songwriter Yumi Lacsamana returns to her first love with ‘Pundi’
‘Datuk’ arrested in connection with falsified palm oil sales tax declarations
- A + A KOTA KINABALU (May 20): A man professing to be a "Datuk" was arrested by the Malaysian Anti-Corruption Commission (MACC) Sabah on Friday for investigations into a case related to 'protecting' the falsification of crude palm oil sales tax declarations every month to the Sabah Ministry of Finance. Sabah MACC director Datuk S. Karunanithy said the arrest of the ‘Datuk’ followed the arrest of a senior government official and a retiree on May 18 for investigation in the same case under Section 17 (a) of the MACC Act 2009. “The 66-year-old suspect, who is a former civil servant, was arrested at the Sabah MACC office at about 4pm when he turned up to give his statement. “A remand application against the suspect is expected to be made at the Kota Kinabalu Magistrate's Court on Saturday,” he said in a statement here. At the same time, he reminded oil palm mill operators throughout Sabah to come forward to assist the investigation as the submission of a false … [Read more...] about ‘Datuk’ arrested in connection with falsified palm oil sales tax declarations
Elon Challenges Accuser To Describe His Tattoos And Scars In His Genital Region To Prove She’s Telling The Truth
Elon Musk denied allegations of sexual misconduct made against him by a former SpaceX flight attendant, and tweeted a challenge to the accuser, daring her to describe details of his naked body. The former attendant alleges Musk propositioned her for sex while she was giving him a massage, Insider reported . A “friend” of the accuser claimed Musk “whipped out his penis” and that “it was erect” during the alleged incident, according to the outlet. Musk denied any wrongdoing, then issued a series of tweets, daring his accuser to come forward with more tangible evidence. “But I have a challenge to this liar who claims their friend saw me “exposed” – describe just one thing, anything at all (scars, tattoos, …) that isn’t known by the public. She won’t be able to do so, because it never happened,” Musk said in a tweet. But I have a challenge to this liar who claims their friend saw me “exposed” – describe just one thing, anything at all (scars, tattoos, …) that isn’t known by the … [Read more...] about Elon Challenges Accuser To Describe His Tattoos And Scars In His Genital Region To Prove She’s Telling The Truth