Jones Lang LaSalle appoints new German managing director

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WA: Bombora Wave benefits from research collaboration

first_imgThrough iPrep WA initiative Bombora Wave Power has received more than USD 75.000 worth of consulting hours.iPREP WA is an initiative to support research collaboration between the universities and industries of Western Australia (WA).The program, developed by Edith Cowan University (ECU) in collaboration with four other WA universities and the Office of Premier and Cabinet, links PhD students with businesses to work on a six-week project during their thesis examination period.Bombora Wave Power has signed up for the program to get additional expertise in order to accelerate the transition of their wave energy technology from concept to reality, ECU’s press release reads.ECU PhD candidate Gary Allwood has been working with Bombora Wave Power on a way to monitor the performance and structural health monitoring of the membrane used to transform the energy from the wave to the air circuit.Allwood said: “I am working on putting fibre optic sensors in to the membrane used in Bombora’s wave energy technology to measure the mechanical properties. This will allow them to generate real time information about how the membranes are performing. Fibre optic sensors are ideally suited to wave power because they require no electricity to run, or metal components which could rust.”Bombora Wave’s Executive Director Shawn Ryan said iPrep was a fantastic way for business to tap into the expertise available at universities.Shawn Ryan added: “Because our technology is world-first, there isn’t the data out there on failure rates and overall performance that we need. We need to look at new ways to measure and gain a greater understanding of the performance of the materials we are using in the laboratory and then real world conditions.”[mappress mapid=”313″]Image: Bombora Wave Powerlast_img read more

Total on hunt for deals after outperforming rivals

first_imgBy Bate FelixPARIS (Reuters) – French oil company Total is on the hunt to buy assets from struggling rivals, it said on Thursday, as it reported some of the biggest profits in the industry for last year and raised its dividend.Chief Executive Patrick Pouyanne said Total was reaping the benefit of cutting costs more quickly than competitors following the start of an oil price rout in 2014, and of focusing on projects with lower production costs.“We have the second-best net adjusted profit in the year among oil majors although we don’t have the same size of production compared with some of them – we are fifth largest in terms of production,” he told reporters.Total said it made an adjusted net profit of $8.2 billion (7 billion pounds) in 2016 and that on a comparable basis Shell made $7.2 billion, BP $2.6 billion and Chevron $1.8 billion. Only Exxon Mobil made more, with $8.9 billion, Total said.In the fourth quarter, the French company’s net profit rose 16 percent to $2.4 billion, beating analysts’ average forecast of $2.3 billion, while the dividend was set at 0.62 euros per share, up from 0.61 euros in the previous three quarters.“Another resilient set of results from Total, with earnings robust across all segments,” Jefferies analysts said in a note.They have a “hold” rating on the stock, which was up 1.2 percent to 47.4 euros at 1430 GMT.“We reacted faster than our peers on cutting our costs and we succeeded,” Pouyanne said. “We deliberately made the choice to go for projects with very low production costs.”“We did a lot of cost savings. The most spectacular was the average cost of production in exploration and production which was reduced to $5.9 per barrel of oil equivalent (boe), compared with $9.9/boe in 2014 and was the principal reason of our resilience,” he said.Total said it made $2.8 billion of savings in 2016, beating its target of $2.4 billion. It aims to make a further $3.5 billion of savings in 2017 and cut production costs to $5.5/boe.Pouyanne said the company’s downstream business also contributed to the strong performance, with a return on capital employed of over 30 percent, which he said was ahead of the 16-17 percent at peers.NEW PROJECTS, OPPORTUNITIESTotal’s solid balance sheet meant it could look for opportunities to pick up assets, the CEO said, adding the company planned to make final investment decisions on about 10 projects within the next 18 months.“We are in a field of opportunities,” Pouyanne said. “After two years of very low prices, there are companies around the world that have good assets but are struggling.”Total expects to invest $16-$17 billion in 2017, including resource acquisitions, compared with $18.3 billion in 2016.Production is forecast to grow by more than 4 percent, supporting the company’s goal to increase output on average by 5 percent per year from 2014 to 2020.Pouyanne said the global oil market had not yet rebalanced and inventories were about 10 percent above normal. He added oil prices were likely to remain volatile.A rebalancing of supply and demand would depend on implementation of the deal to cut output agreed by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, he said.Total predicted its breakeven oil price would continue to fall, reaching less than $40 per barrel before the dividend, with cash flow from operations expected to cover investments and the cash portion of the dividend at $50 per barrel.(Reporting by Bate Felix and Benjamin Mallet; Editing by Sudip Kar-Gupta and Mark Potter)last_img read more

Tanzania – Birth of a gas giant?

first_imgGet your free guest access  SIGN UP TODAY 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 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 building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGINlast_img read more

Gender pay gap: Between Mars and Venus

first_imgRegulations that will require companies with more than 250 employees to publish their gender pay gap data are expected to come into force in March 2016. Draft regulations setting out the detail of what is to be published are likely to be laid before parliament this autumn, with the obligation to publish to be phased over a six to 12 month period. So what does all this mean for the construction industry?There is a gender pay gap across most sectors in the UK. The reasons for the gap are complex and many of its causes lie outside the control of the individual employer. The Office for National Statistics’ data for 2014 suggests that the gender pay gap in skilled trade occupations is nearly 25% and among professional occupations it exceeds 10%. Across the construction industry it is reported to be over 22% – higher than the national average. It therefore seems likely that when businesses in the building and construction sector are required to publish their data, it will show some pay differences between men and women as groups. As such, the publication of the data is likely to put the spotlight on the issue of equal pay within organisations.Mass equal pay claims have been a real problem in the public sector over the last 30 years but have had less of an impact in the private sector, though there are signs that this is changing. Retailers such as ASDA and Sainsbury’s are facing mass equal pay claims, as is Network Rail. The data could be used to support claims for equal pay by disgruntled current and ex-employeesThe gender pay reporting obligations have generated a lot of publicity and recently the shadow minister for women and equalities, Kate Green, called for mandatory gender quotas at senior levels within organisations.Because organisations nowadays do not generally pay employees differently based on their gender, and because there are so few women in the construction sector (12.2% of construction’s workforce are female, according to government figures), many employers in the industry have not yet identified the risks associated with gender pay reporting.As well as presenting a risk to brand, the data produced – and the work done to collate it – could be used to support claims for equal pay by disgruntled current and ex-employees. A common misunderstanding is that it is only employees who do the same role for the same employer who have the right to claim equal pay. In reality, the majority of mass claims are brought by employees doing very different jobs but who claim that those jobs have the same value when they are compared in terms of skills and demands. If the jobs are of equal value, then each element of the pay package can be compared; it’s not necessarily enough for an employer to show that, while the elements of pay are different, the total package has the same value.This means that office staff could compare their packages with workers on site, or a contracts manager with a training and development manager. Provided they work for the same or an associated employer, at the same establishment or elsewhere – and if they can show their work is of equal value – the employer has to justify any differences in pay, access to or level of benefits. This will also include overtime premiums.As pay claims can go back six years, many employers will simply not have the records that will allow them to explain the differences.There is time to prepare for gender pay reporting. The extent of preparation necessary will depend on the circumstances. An organisation applying a systematic job evaluation scheme and with a transparent pay structure may just need to conduct a few spot checks to ensure everything is working as expected. If pay structures lack transparency or consistency, then it is probably best to address that before conducting any audits. Equally, watch out for what the Equality and Human Rights Commission describe as “high risk pay systems”. These include discretionary bonuses, market-based pay and performance-related pay.Gender pay audits, of areas of concern or of the whole business, can highlight areas where action is necessary and allow organisations to develop action plans and employee communications strategies in advance of publication.Care needs to be taken though not to create unhelpful documents that might later be discoverable in litigation. If documents are created for the purposes of taking legal advice, then they cannot be used in later litigation, so it would be sensible to involve legal advisers in key parts of the audit process to benefit from this protection.There is still some time to go before the requirement to report becomes effective. However, employers should be taking steps now to get their houses in order to ensure they are prepared for the task ahead.Annelise Tracy Phillips is a senior associate at the UK law firm Burges Salmonlast_img read more

Conveyancing kitemark holders warned over spoof email

first_imgThe Law Society has warned holders of its Conveyancing Quality Scheme accreditation to beware of a malicious email sent from a variety of addresses including a btconnect account.A number of CQS member firms have already received the spoof email, which has the subject line ’Your Ref: Completion Statement’ and contains links to websites known to hold malicious content.The email mentions that a TR1 form can be viewed by clicking on various links within the email which can infect computers with malware.Chancery Lane has advised firms not to click on any links or download any documents from the links embedded within this spoof email. The easiest course of action is to delete the email completely.To help firms mitigate the threat of cybercrime the Law Society has a number of resources available to members.last_img read more

Liar series 2 episode 1 recap

first_imgThe murder of Andrew Earlham (Ioan Gruffudd) meant that Laura (Joanna Froggatt) couldn’t escape her ordeal in the series 2 premiere of Liar.If you want to avoid spoilers for Liar, stop reading now.The episode opened with Laura back at work and looking in a much better state than we last saw her. It was quickly revealed that what we were seeing was flashback and Laura was working a parents’ evening where she met Andrew. She told Andrew that his son Luke (Jamie Flatters) was having issues, and Andrew informed her that it was the day before the sixth anniversary of the death of Luke’s mother.The action then jumped forward to the present day where DI Karen Renton (Katherine Kelly) was on the marshes with the police, having found Andrew’s dead body. His throat had been cut and he’d been missing for over 3 weeks. Karen asked if Andrew could have done it to himself and the forensic team said it was possible but unlikely.The next morning Laura was looking pretty loved-up with Ian (Kieran Bew) and it looked like their relationship was charging full-steam ahead. During a lesson Laura was interrupted and told there were people waiting to see her. It turned out to be Karen and she told Laura that they’d found Andrew’s body, believing he’d been murdered at 6am the day before citing his smashed watch as evidence.Karen pressed Laura to find out when she last saw Andrew and made it clear that she would be speaking to all of the people close to her. Laura told Karen that she didn’t know or care how Andrew had died.Credit: Two Brothers Pictures / ITVThe story jumped backwards by three weeks and it was revealed that Andrew was tipped off by Mia (Ivana Basic) that Laura had arrived at the house to collect something from the shed. Andrew tried to contain his panic by playing it cool with Mia on the phone and trying to act normal when Luke arrived in the kitchen. He excused himself saying there was an emergency at the hospital and went to his room to pack his things.Before leaving Andrew had an impromptu heart-to-heart with Luke who asked him why he was behaving weird. After telling him he loved him, Andrew left the house, put on a baseball cap and headed off.Reverting back to the present day, Carl Peterson (Howard Charles) and Winnie (Amy Nuttall) were watching the news when they found out that Andrew had been murdered. DI Vanessa Harmon (Shelley Conn) and her partner Jennifer Robertson (Jill Halfpenny) also found out about the news with Jennifer delighted but Vanessa saying it didn’t change anything. Laura’s sister Katy (Zoë Tapper) also found out the news.Karen called in DS Rory Maxwell (Danny Webb) to help her with the murder investigation. He tried to refuse but she made it clear that she wasn’t asking him. Karen took Rory through the little evidence they had and pointed out there was lots of suspects that could have done the murder. She then handed him a file on Ian.Laura received a call from Katy’s husband Liam (Richie Campbell), who asked if she’d heard from Katy. He told Laura that Katy hadn’t turned up to pick up the boys and wasn’t returning his calls. Laura promised to go and check on her sister, who was cooped up at home and drinking, and she was shocked by the state of the house. Katy tried to pass it off as having slept in and things got testy quickly between the sisters whose relationship had been pulled apart by Katy’s affair with Laura’s ex-boyfriend Tom.Continuing the storyline from three weeks earlier, the police turned up at Andrew’s house and Luke told them he wasn’t at the house. Andrew walked around a boat yard and called his friend Larry before hiding something under a barrel. Rory quizzed Luke and told him that he knew he’d lied about being his dad’s alibi. Luke said again that he didn’t know where his father was and when Rory spotted a picture of Andrew’s boat on the fridge, he asked Luke to tell him where the boat was moored.Andrew was indeed at his boat and the reality of what had been going on hit Luke, who broke down in tears as the police searched the house. As Rory and his team pulled into the boat yard, Andrew tried to think of an escape plan. The police beat down the door of the boat and it turns out Andrew was on board a different one – the one belonging to his friend Larry who he’d spoken to on the phone.Credit: Two Brothers Pictures / ITVAs he continued to hide out on Larry’s boat, Andrew called another friend Oliver Graham (Sam Spruell). Andrew asked his friend to pick up a bag and his car from the hospital he worked at. When Ollie turned him down, Andrew pointed out he’d helped him before and promised if he did this favour for him, he’d never contact him again. Despite being based in Edinburgh, Ollie agreed to do the 7-hour journey and Andrew vowed to get Laura back.Rory and Karen visited Ian to speak to him about Andrew’s murder. Karen immediately asked about his relationship with Laura and he revealed they’d been together for about a month. They asked about how he felt towards Andrew and revealed that he’d put a man called Alexander Slater in hospital 9 years earlier. Karen reminded him that they could check all of his records to see if he’d been lying and that they’d uncover any links he had to Andrew.Andrew insisted he had nothing to do with Andrew’s death and showed Karen and Rory the door. What’s he hiding then? Rory received a call from Vanessa as they left and she said she had something to tell him about Laura and Andrew.Karen and Rory turned up at Laura’s house with a search warrant and they told her they knew what had happened between her Andrew and Vanessa. Laura called Vanessa angrily and Vanessa told her that she’d been suspended for not reporting the incident.The search of Laura’s house turned up some evidence but it wasn’t disclosed what that was to viewers. Instead we saw Karen react with ‘wow’.We then found out who Winnie was and how she fit into the picture. Winnie was one of Andrew’s victims and her rape had caused problems in her relationship with Carl. It was clear that Carl had blamed himself for how he behaved following the rape and we saw him cleaning blood off a hook inside a boat. Could he have had something to do with Andrew’s murder?Karen and Rory told Laura that they needed her to come down to the station because the evidence they’d found was Andrew’s car key. Laura claimed she’d never seen it before and Karen told her if she didn’t go to the station willingly, she’d have to arrest her.Credit: Two Brothers Pictures / ITVJumping back again, we saw Ollie arrive at the boat yard and pick up Andrew’s ID card, which is what Andrew had hidden there earlier in the episode. Ollie went to the hospital and called Andrew to guide him. Ollie admitted that he didn’t like doing this but Andrew assured him if he did as he was asked, he wouldn’t contact him again.Ollie managed to get to Andrew’s locker where he found money and dropped Andrew’s car key. He had to hide when Katy walked into the locker room and picked up the key from the floor. As Ollie tried to exit the hospital, he walked past Katy who was wheeling in a seriously injured Luke.During her interview with Karen and Rory, Laura became agitated quickly. She claimed that someone had planted the key in her house and blamed the police for not giving her adequate protection. When she said she was tired, Karen twisted her words in a bid to try and get her to confess.Laura realised what was happening and made it clear she wouldn’t confess to something she didn’t do. Karen announced that she was arresting Laura for Andrew’s murder. Laura was processed and locked in a cell. Rory wasn’t happy that Karen arrested Laura without telling him that’s what she was going to do. Karen told him that she was trying to throw her off balance to get more information out of her.Laura called Liam for help and he told her that they would have to let her go within 48 hours unless they found real evidence tying her to the murder. She protested her innocence again and Liam reminded her that Andrew had lots of enemies.We saw glimpses of all of those enemies as Laura vowed not to take the fall for Andrew’s murder.As the episode drew to a close, we jumped back to the parents’ evening where Andrew and Laura had been chatting about Luke. Andrew said Luke was like him, someone who had to win at any cost. Laura said she was similar but given her predicament in the present day, can she finally beat Andrew?Liar continues at 9pm Monday on ITV.last_img read more

Benin’s presidential vote count begins

first_imgVote counting is ongoing in Benin to determine the country’s next leader.The West African nation had 33 candidates fighting for the presidency, all of them keen to replace the outgoing Thomas Boni Yayi who has concluded his two terms in office.Sunday’s election was delayed after problems with the distribution of polling cards, an issue that continued until the day before the vote.Benin’s electoral commission is yet to start publishing official results, but local media report that the ruling party’s candidate, Prime Minister Lionel Zinzou, would probably go to a run-off, probably against businessman Patrice Talon.The poll’s official results are expected to be released on Tuesday.Job creation and anti-corruption drives are two of the main promises made by candidates.Among other leading candidates is another businessman Sebastien Avajon, as well as economist Abdoulaye Bio Tchane and financier Pascal Irenee Koupaki.Benin’s constitution barred Mr Boni Yayi from seeking a third term, although he had tentatively sought changes to the text allowing him to do so.last_img read more

Wärtsilä Electrical and Automation (Shanghai) JV Operational in China

first_img Author: Priyanka Ann Saini The technology group Wärtsilä has announced the opening of CSSC Wartsila Electrical & Automation (Shanghai) Co. Ltd. (CWE&A), the joint venture company with China State Shipbuilding Corporation (CSSC). The opening was announced on December 6th at the Marintec 2017 conference and exhibition in Shanghai, China. The new joint venture company will be headed by General Manager Christian Heinsohn.CWE&A will focus its activities on China’s growing market in the marine sector especially within its rapidly expanding cruise industry, for advanced electrical and automation (E&A) solutions. Wärtsilä’s extensive range of systems relating to automation, navigation, and communication, dynamic positioning, electric propulsion, power distribution, onboard entertainment, architectural lighting, safety and security will all be available through CWE&A. The company will also offer project engineering, project management, commissioning, and supply management services. “Shipping is becoming increasingly high-tech, and advanced E&A solutions are essential for achieving the best efficiency and greater safety. Furthermore, with digitalisation now an integral part of shipping’s future, Wärtsilä’s leading position in this field will enable CWE&A to fully meet the needs of its customers well into the future,” says Roger Holm, President, Wärtsilä Marine Solutions.Wu Qiang, President of CSSC comments, “Helping to develop the luxury cruise ship building industry in China is an important measure for CSSC, and it involves raising our capabilities to the next level. The key to being successful is to build a local supply chain. We are glad, therefore, to work with Wartsila Corporation again to achieve a win-win cooperation in the Electric & Automation system field, and jointly promote the development of cruise supporting industries in China and the world.”Wärtsilä and CSSC also have joint venture engine and propeller companies in China. CSSC Wärtsilä Engine Co Ltd (CWEC) serves its regional customers with medium and large-bore marine engines. CWEC has the first plant in China capable of locally producing large-bore, medium speed, diesel and dual-fuel engines. Wartsila CME Zhenjiang Propeller Co Ltd has the most modern controllable pitch propeller manufacturing facility in China, and is one of the biggest fixed-pitch propeller manufacturers in the world in this sector. Sea News, December 6last_img read more

27 students bid farewell to St Martin Secondary

first_img Sharing is caring! 257 Views   3 comments Share Share EducationLocalNewsSecondary 27 students bid farewell to St Martin Secondary by: – July 3, 2013center_img Share Tweet 2013 Valedictorian Kelly-Anne JosephKelly-Anne Joseph was named the 2013 valedictorian of the St Martin Secondary School, and was among 26 students who graduated from their alma mater on Tuesday 2nd July at the Arawak House of Culture. The graduation ceremony was held under the theme; “Our Desire For Success Exceeds Our Fear Of Failure”. Three students graduated with distinction, fifteen with merit and nine with passes. Valedictorian Kelly-Anne Joseph copped 5 subject awards; Social Studies, Information Technology, Principles of Accounts and Principles of Business. Ms Joseph shared the mathematics award with Melissa Hurtault.She also received 8 special awards for Business & Technology, discipline, merit, punctuality and regularity, public spirit, principal’s award, and two valedictorian prizes from DOMLEC and the Sign Man.Other awards went to Melissa Hurtault for Religious Education and Home Economics Management, as well as the special award for Home Economics and diligence.2013 graduating class of the St Martin Secondary SchoolJasmine Sorhaindo received the English Language award, Briana Peltier – Electronic Document Preparation & Management (EDPM), Nikelle Francis – Expressive Art, Celine Esprit – Food & Nutrition, Kayah Jno Baptiste – Clothing & Textiles and Leynie Jean Noel – French. Featured Speaker at the ceremony Delia Cuffy Weeks told the graduates to be persistent and that they must live the legacy of Excellence. “You must now apply what you have learnt and put your fifty percent to work. Know what you want and plan how to get to it. As you set out on your life’s journey, let me remind you that the road to success is opened to everyone. How quickly you get there depends on how well you plan,” she said. Mrs. Weekes also urged the graduates to be at peace with God. Dominica Vibes Newslast_img read more