Inaugural Natural Gas Conference Oct. 4-6

first_imgStory Highlights Participants will hear from business leaders about investment and other opportunities in the natural gas sector. The Office of Utilities Regulation (OUR) and the Petroleum Corporation of Jamaica (PCJ) will be hosting Jamaica’s inaugural Natural Gas Conference from October 4 to 6. Deputy Director General at the OUR, Hopeton Heron, speaking at a JIS ‘Think Tank’ on September 27, explained that this conference will be of interest to the transportation, legal, financial and taxation sectors, among others. The Office of Utilities Regulation (OUR) and the Petroleum Corporation of Jamaica (PCJ) will be hosting Jamaica’s inaugural Natural Gas Conference from October 4 to 6.The conference, themed ‘New Horizons: The Development of a Natural Gas Sector in Jamaica – Prospects and Challenges’, will be held at The Jamaica Pegasus in Kingston.Deputy Director General at the OUR, Hopeton Heron, speaking at a JIS ‘Think Tank’ on September 27, explained that this conference will be of interest to the transportation, legal, financial and taxation sectors, among others.“For people in manufacturing, heavy energy users, they can learn how to boost manufacturing and production with a more efficient and affordable power supply,” he said.Participants will hear from business leaders about investment and other opportunities in the natural gas sector.“You can get first-hand information on how to bring value to your business,” Manager, Corporate Affairs and Communications at PCJ, Camille Taylor, said.She further explained that the conference will also present opportunities for banks, investment firms, insurers and other financial service providers.Additionally, it will allow participants to be a part of the discussion that contributes to the development of the policy and regulatory framework for Jamaica’s natural gas sector, and also to take advantage of networking opportunities.Keynote speaker at the conference will be the Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley.Other presenters are Chairman of the OUR, Joseph Matalon; Chairman of the PCJ, Russell Hadeed; Group General Manager at the PCJ, Winston Watson; CEO of New Fortress Energy, Wesley Edens; and President of Sagicor Jamaica, Christopher Zacca.Some of the topics to be covered are Introduction and Future Direction of Natural Gas in the Local Energy Mix, the Perspective of Primary Users of Natural Gas for Electricity Generation, Developing an Effective Regulatory Framework for Jamaica’s Natural Gas Sector, and Regulations and Standards for Natural Gas Infrastructure and Metering.New opportunities for business and investment in Jamaica from natural gas, reducing Jamaica’s carbon footprint and preserving the environment, natural gas as transportation fuel, and legal and taxation considerations will also be discussed.Additionally, there will be an update on the current exploration activities being undertaken for natural gas in Jamaica.The conference will culminate with a field trip to two of Jamaica’s newest and most modern energy facilities – the Jamaica Public Service Company’s 120MW Bogue Power Station and the NewFortress Energy storage and regasification site – both of which are located in Montego Bay.For registration and payment details on the conference, persons may visit www.pcj.com, www.our.org.jm or www.jamaicagasconference.com.last_img read more

Sea Hub Tankers Defaults on Sea Tanker I Demise Charter Deal

first_imgzoom ES Shipping, a subsidiary of Singapore’s ES Group, has terminated the demise charter contract with compatriot Sea Hub Tankers Pte for the bunker vessel Sea Tanker I.Under the five-year demise charter contract entered into in November 2012, after the ship was delivered from the yard, ES Shipping had agreed to demise charter Sea Tanker I to Sea Hub Tankers for a monthly charter fee, with the bunker vessel ownership to be transferred to Sea Hub Tankers upon payment of full consideration at the end of the charter contract.As informed, Sea Hub Tankers has defaulted on the contract, which has been terminated with effect from September 11, 2017.ES Shipping added it reserves the rights to claim any damages from Sea Hub Tankers resulting from the termination.“With the termination of the demise charter contract, the ownership of Sea Tanker I will no longerbe transferred to Sea Hub Tankers and will be retained by ES Shipping,” the company said.ES Group added that the contract termination is expected to have a material impact on its net tangible assets per share and the net earnings per share for the current financial year ending December 31, 2017.Sea Hub Tankers has three vessels listed in its fleet, Sea Tanker I, Sea Tanker II and Sea Tanker.Separately, ES Group said that it has established two subsidiaries in Singapore engaged in chartering and freight water transport activities.The two chartering subsidiaries are ES Chartering, 100% held by the company, and ES Aspire, 100% held by ES Chartering.last_img read more

Imagine Dragons To Perform At TrevorLIVE New York

first_imgImagine Dragons will perform at The Trevor Project’s TrevorLIVE New York fundraising gala June 19 at the Marriott Marquis Times Square, with the band’s singer, Dan Reynolds, set to be presented with the Trevor Hero Award.“With President Trump signing the religious liberty executive order last week, and anti-LGBTQ legislation being considered at the state level across the country, we need to reassure LGBTQ youth that they are not alone,” said Steve Mendelsohn, The Trevor Project Interim Executive Director. “There’s an army of allies standing with you, and they include Imagine Dragons band members and Shoshana Bean. We are grateful for advocates like them who are using their platform to counter and spread love.”“To me, equality means equal rights for all and showing love and support for every human being regardless of race, sex, sexual orientation, gender identity, religion, politics, or any other intersecting identities,” Reynolds said. “It’s important to me that I raise my three girls to see no difference in anyone and to only love. Both personally and professionally, I live my life in a way that will hopefully show my daughters that their dad will fight tirelessly until we all truly have equal rights. The Trevor Project award means far more to me than any accolade or accomplishment in my music or life. I want LGBTQ youth to know that they are whole and beautiful. I stand by their side and will do all in my power to be an ally, advocate and friend. Love is love.”TrevorLIVE New York will include a performance from the Tony-nominated musical, “Dear Evan Hansen”; standup from comedian Dana Goldberg; and an original musical number, “I Wish I Were Gay.” We are also proud to present an exclusive first look at the new musical based on the Academy Award-winning film which launched The Trevor Project – “TREVOR the musical.”The fundraiser and gala will be presented by Abercrombie & Fitch Co. and Deloitte.For more information on the event, click here.last_img read more