Category: ioxcznki


Bank sale and leasebacks lose their lustre at JLL sale …

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Lubrication Specialties Inc. Announces Brian Merz As Director Of National Account Sales

first_imgLubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand fuel and oil additives, has announced the addition of Brian Merz as the company’s director of national account sales. AdvertisementClick Here to Read MoreAdvertisementMerz previously served as senior key account manager for Idemitsu Lubricants America, in Cleveland, prior to joining LSI. With two decades of experience in strategic planning, new business development and sales management, he has worked for some of the largest companies in the lubrication industry, including Shell Oil Products and Penzoil-Quaker State Co., both as senior national account manager. Prior to his position with Idemitsu, he served as senior national accounts manager for ITW Global Brands in Cleveland. There, he managed several of the company’s largest customers, including AutoZone and Target, for the automotive and mass retailer channel and managed five independent sales rep agencies covering territory in the Southeast, Northeast and Midwest.Merz said, “Hot Shot’s Secret has made incredible leeway in a very short period of time. It will be my goal to support our existing retailers with customized programs and promotions to support sales and to grow distribution vertically and horizontally, to ensure increased share across all markets.”Chris Gabrelcik, LSI president, said, “We were very fortunate to find Brian and add him to the team. His outstanding relationships with the major retailers developed over the past 20 years promoting and supporting products similar to ours made him a perfect fit for this key senior position. Within the past year we have positioned Hot Shot’s Secret to be the brand to watch for increased market share. With all upper management positions filled, we are now poised to fully support our distribution partners with the level of attention and planning that will help move product quickly.”AdvertisementThe position became effective March 5. Merz reports directly to Gabrelcik and will work remotely from Cleveland.last_img read more


NitraLife nitrogen generators

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CMA CGM Cleared to Buy German Short Sea Operator OPDR

first_imgThe European Commission has approved French container line CMA CGM’s plan to buy German short sea shipping operator Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR).Both OPDR and CMA CGM (through its subsidiary MacAndrews) are active in intra-European short sea container shipping, including port-to-port as well as door-to-door activities.The EC concluded that the proposed take-over would raise no competition concerns in light of a number of factors.Firstly, the low switching costs for customers, who can also use alternative means of transport, such as road or rail.Secondly, the low barriers for new or existing competitors to enter or expand their services by adding new ships or new ports of call to the intra-EEA short-sea shipping market; and thirdly, the low overall size of the affected markets.The transaction was examined under the ordinary EU merger review procedure.OPDR owns and operates a fleet of eight container ships ranging in capacity from 690 TEU to 1,008 TEU, as well as two 500 TEU/885lm Con/Ro ships.The ten vessels, built from 2002 to 2008, operate on routes linking ports in North Europe, the Iberian Peninsula, Portugal, the Canary Islands and Madeira, as well as Northern and Western Africa.The company also owns about 10,000 containers of different types.last_img read more


CSSC, Fincantieri to Build Five Cruise Ships

first_imgA joint venture between China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) and the Italian shipbuilder Fincantieri plans to invest some USD 3.7 billion to build five cruise ships, according to local media.The first vessel from the batch, which will be able to carry up to 5,000 passengers, is scheduled for delivery in 2021.The announcement follows the establishment of the joint venture last week, when the two companies signed an agreement aimed at developing and supporting the growth of the Chinese cruise industry.The parties earlier said that the new cruise ships will be built at one of CSSC’s shipyards, the SWS facility.Namely, the joint venture company will design and sell cruise ships intended and customized for the Chinese and Asian markets.China estimates that it could become the world’s second largest cruise market after the US, reaching some 4.5 million passengers by 2020 and 8-10 million passengers by 2030, with a double-digit growth per year.World Maritime News Stafflast_img read more



first_imgGet your free guest access  SIGN UP TODAY Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to industry news as it happensBreaking, daily and weekly e-newsletters Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Subscribe now for unlimited access To continue enjoying, sign up for free guest accessExisting subscriber? LOGINlast_img read more


Sarah Fox hospital kitchen spruced up

first_imgCCMA registrar Shurainah Harris, senior commissioner Willem Connan, national director Cameron Morajane, senior commissioner Vusi Landu, Sister Manda Kanka, Sarah Fox, board representative Grant Abernethy, and Carlton Johnson from the CCMA Western Cape regional head office, at the hand-over of care bags and an upgraded kitchen.. Sarah Fox Children’s Convalescent Hospital staff can now enjoy their meal breaks in a snazzy-looking kitchen, complete with a new fridge and microwave, thanks to a R21 200 makeover, paid for by staff from the Commission for Conciliation, Mediation and Arbitration (CCMA).CCMA national director, Cameron Morajane, did the official hand-over of the kitchen on Saturday October 29. Mr Morajane and his team also came with care bags, filled with toiletries, non-perishable toddler food, books and educational toys. They had been prepared by CCMA staff from across the country. Some staff left a personal message on the care bags, which all bore the words: “Caring for our precious little ones.” Sarah Fox is a 60-bed hospital for babies and children who need palliative care; those with special needs, such as cerebral palsy; those who are malnourished, abused, and have tuberculosis; and those who are HIV-positive.Sarah Fox board representative, Grant Abernethy, said it was heart-warming that each CCMA employee had given the care bags a personal touch and brought them down personally on their flights to Cape Town.“This proves that it is not just a donation, but that their hearts were in it. We are excited that their relationship with us will continue, as they plan to dig a garden for us. “What will really be fantastic for us about this relationship, is that they will guide us on labour relations, as well as human resources policies and processes,” Mr Abernethy said.Mr Morajane said staff chose a project to support in the city they visited for their annual national conferences, as part of the CCMA’s Nelson Mandela Legacy Project. So, when they had met in Cape Town last year, they had decided to raise the R21 200 for the kitchen upgrade at Sarah Fox.Mr Morajane said: “This is what gives us pride. More organisations should be doing this for society – for people who really need it. We are proud to be part of this partnership. It really feels good. What the staff contributed is something more lasting, other than just to hand over money. They made voluntary contributions, because we wanted people to do this from their hearts, instead of being obligated. As an institution, this is what moves us.”last_img read more


Kennedys becomes ABS but no external investment planned

first_imgInternational firm Kennedys has become one of the biggest existing practices to convert into an alternative business structure.The firm, whose turnover of £128.5m for 2013/14 places it comfortably in the UK’s top 30, was granted an ABS licence from the Solicitors Regulation Authority, effective from 1 November.The licence will allow the firm more opportunities to grow and more immediately to accommodate four non-solicitor partners.Kennedys first enabled two chartered legal executives to become partners in 2009 and the ABS licence was needed to maintain the status of non-solicitor partners.Nick Thomas (pictured), senior partner, said the firm is not looking to attract external investment and the licence is not going to change the day-to-day running of the business.‘It will help us to operate as a modern legal services business, with greater flexibility to take advantage of future growth opportunities,’ he added.The firm increased annual turnover in 2013/14 from £117m to £128.5m – of which £98.3m was generated in the UK.The SRA granted its first ABS licence in March 2012, but so far the bigger UK firms have been reluctant to take up this option.To date, the SRA has approved 326 ABSs, although Kennedys receives the first new licence for almost a month.last_img read more


La Sagrera contracts awarded

first_imgSPAIN: ADIF has awarded two contracts worth a total of €5892m for the construction of a new station at La Sagrera in Barcelona, located on the high speed line to the French border. Also served by regional and suburban trains and with parking space for 2500 cars, it is expected that the new facility will be used by up to 100 million passengers a year.A contract worth €3664m to build the station itself has been awarded to a joint venture of Dragados, Acciona, Comsa and Acsa. The surface level will include a bus terminal, beneath which there will be 10 tracks of 1435 mm gauge serving five platforms each 12 m wide, four of which will be 400 m in length. Beneath this level, existing 1668 mm gauge tracks will be remodelled to provide eight tracks serving four 240 m long platforms. New rail and road access routes to La Sagrera are to be provided under a separate contract worth €2228m, awarded to Rubau, Copisa, FCC Construcción and Ferrovial Agromán. Tracks are to be covered over for a distance of 220 m to create a linear park, and a stabling facility for 1435 mm rolling stock is planned on the eastern side of the station. Launched on March 26, the 2300 tonne earth pressure balance TBM ‘Barcino’ (RG 10.09 p22) is now boring a 5097 m tunnel from La Sagrera towards Sants, with an internal diameter of 104 m to accommodate two 1435 mm gauge tracks. Work on the €1793m project is scheduled for completion in 2012.last_img read more


Next step in Czech reform programme

first_imgCZECH REPUBLIC: All remaining infrastructure activities are to be transferred from national train operator CD to infrastructure manager SZDC on July 1, following govern­ment approval of the Ministry of Transport’s proposals on February 9. This is the final step in the separation of infrastructure from operations under a restructuring of Czech Railways launched in January 2003.Some 9500 employees will be transferred from CD to SZDC, including train dispatchers, signallers and crossing keepers. SZDC took over control of the infrastructure on July 1 2008. The government’s aim is to ensure non-discriminatory access to the network for all operators, within a fully transparent competitive environmenThe first of nine Skoda Class E630 locomotives which private operator RegioJet bought from Italy’s LeNord in 2010 has been approved for use in the Czech Republic. They will be used on freight until RegioJet launches Praha – Ostrava – Trinec/Zilina inter-city services this summer.last_img read more