Tag: Andreina


IPL 2019: Aware of what to expect from Delhi Capitals, says Ben Cutting


first_imgIPL 2019: Aware of what to expect from Delhi Capitals, says Ben CuttingMumbai Indians will take on Delhi Capitals at Feroz Shah Kotla on Thursday. Since the home team is also finding it difficult to adapt to the conditions, MI all-rounder Cutting said it always helps when the away team starts on the same page as the home side.advertisement Indo-Asian News Service New DelhiApril 17, 2019UPDATED: April 17, 2019 21:28 IST IPL 2019: Mumbai Indians will take on Delhi Capitals at Feroz Shah Kotla stadium on Thursday. ( Courtesy by BCCI)HIGHLIGHTSMumbai Indians will take on Delhi Capitals at Feroz Shah Kotla stadium on ThursdayMI allrounder Ben Cutting said his team is aware of what to expect from DCMI skipper Rohit Sharma, all-rounder Hardik Pandya and pacer Jasprit Bumrah have all been named in India’s World Cup squadMumbai Indians (MI) will take on Delhi Capitals (DC) on a low and slow Feroz Shah Kotla wicket on Thursday and with the home team also finding it difficult to adapt to the conditions, MI all-rounder Ben Cutting said it always helps when the away team starts on the same page as the home side.”It helps if the home team doesn’t have the advantage. We start even in that case. We have played against all the teams except Kolkata Knight Riders and I think we are aware of what to expect from Delhi. We have kept a close eye on how they play,” he pointed out on the eve of their clash against Delhi.Asked how MI are looking to approach the away games after playing quite a few matches at home, Cutting said: “Pretty much how we approached the other games. We play four straight games on the road and the wickets will be fairly different. We will look to adapt to the conditions.”MI skipper Rohit Sharma, all-rounder Hardik Pandya and pacer Jasprit Bumrah have all been named in India’s World Cup squad. Asked if that will help the players focus more on the Indian Premier League (IPL) now, the all-rounder said the focus anyway was on this tournament.”The World Cup is starting in a couple of months time. Right now it is important to focus on the IPL. You have to play freely and that is how it is in T20 cricket and I don’t think there is any other way,” he opined.advertisementAsked if there have been any talks on workload management, Cutting said: “The bowling coaches can say that. It isn’t something that we can speak about.”Also Read | IPL 2019: Mumbai Indians’ Alzarri Joseph ruled out of tournament due to shoulder injuryAlso Read | Shikhar Dhawan attributes Delhi Capitals’ success to Sourav Ganguly and Ricky PontingAlso Read | Believe we can win IPL 2019: Delhi Capitals captain Shreyas IyerFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bykarishma Tags :Follow Mumbai IndiansFollow Delhi CapitalsFollow IPL 2019Follow Ben CuttingFollow MI vs DClast_img read more


LNG Shipping Market Lulled in Q1, Recovery on the Horizon


first_imgzoom The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance.Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessels. Activity was extremely limited across the market, with some vessels remaining idle for almost the entire quarter, Golar said.Spot charters which were concluded typically included ballast payments equivalent to fuel only. The most active charterer in the market during the early part of the year was RasGas, concluding a significant number of charters for “backhaul” voyages from Qatar to Europe. These were generally concluded with rates at a discount to perceived market levels.According to the performace review, April and May have seen a slight increase in the number of spot charters, although rates have fallen to even lower levels as a significant number of vessels remain open prompt.A number of term deals have been concluded in 2015 for firm periods between 4 and 12 months with options up to a further 2 years. Both Seper Tankers (ST) and Tri Fuel Diesel Electric (TFDE) vessels have been chartered for these requirements at rates in USD 20-30,000/day range.“The East-West arbitrage in LNG prices has been close to zero for most of 2015 to date as demand has remained flat amongst Far East buyers. As a result, LNG volumes moving from the Atlantic to East of Suez dropped by more than 50% from those seen in the preceding quarter. Demand has however been stimulated as new LNG importers have entered the market from Egypt, Jordan and Pakistan,” the review said.Golar posted a net profit of USD 24.6 million in Q1, driven predominantly by a provisional USD 100 million gain on sale of the Golar Eskimo which completed on January 20.  This offset a poor operating result and significant non-cash financial costs linked to mark to market valuation of interest rate and TRS swaps.The company has commenced discussions with partners Keppel and Black & Veatch aimed at exercising an option, under an existing framework agreement, for the ordering of a third GoFLNG unit similar to the Hilli and the Gimi.“Golar intends to pursue the third GoFLNG vessel on a similar contractual basis as the second vessel, preserving flexibility on design and delivery schedule, and including cancellation provisions. Although subject to business development uncertainty, further opportunities for deploying facilities similar to Hilli and Gimi are being pursued and work continues to mature these leads,” Golar added. Up to 40 LNG Carriers currently idle Speaking of the outlook, Golar predicts that it would take some time before the market fully recovers having in mind that there are up to 40 LNG Carriers currently idle. Utilisation, underlying revenue net of voyage expenses and consequently operating results are expected to deteriorate further during 2Q however, Golar believes that the bottom of this challenging shipping market has been reached.  “The first signs of an improved chartering environment, albeit from a very low base, are starting to become evident as new LNG production capacity is prepared for start-up and new markets for receiving LNG in Pakistan, Jordan and Egypt have started to receive their first cargoes,” the company said.  Golar hopes to see this manifest itself in a gradual improvement to utilisation, net revenue and operating results from 3Q onwards.In contrast to the market for LNG Carriers, the level of enquiry and interest for FSRU’s is the strongest it has been for some time. The company is therefore very optimistic that the FSRU Tundra will be contracted on terms that make it a suitable near-mid-term dropdown candidate to Golar Partners.last_img read more