Ray White Runaway Bay Group is hosting their Summer Auction Blitz

first_imgMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago26 The Sovereign Mile, Sovereign Islands. Supplied.Among the properties is a palatial mansion at 26 The Sovereign Mile, Sovereign Islands. Inside the five-bedroom, three-bathroom home there is a resort-style feel with warm tones, sandstone features, timber panelling and timber shutters.Principal Ali Mian said there had been plenty of interest in the lead-up to the event.“We’ve already got three under contract and inquiry has been great,” he said.“We are hoping to sell a majority of them under the hammer.”The Summer Auction Blitz kicks off at 5.30pm in the horizon’s room of Main Beach’s Sheraton Mirage. 26 The Sovereign Mile, Sovereign Islands is going under the hammer on Tuesday night. Supplied.RAY White Runaway Bay Group is taking 17 properties to auction on Tuesday night for their Summer Auction Blitz.High-end mansions, entry-level apartments and townhouses from Sovereign Islands, Paradise Point and Runaway Bay will be offered to the market. 26 The Sovereign Mile, Sovereign Islands. Supplied.last_img read more

SMART LNG Pens Lease Financing Deal for 4 LNG Carriers

first_imgSMART LNG, a joint venture of Russia’s majors Sovcomflot and Novatek, signed an agreement with compatriot development corporation VEB.RF Group for lease financing of four Arc7 icebreaking LNG carriers intended for the Arctic LNG 2 project.In addition, SMART LNG signed long-term time charter agreements for these tankers with Arctic LNG 2 LLC, a Russian based limited company focusing on the Arctic LNG 2 Project, the second large onshore conventional natural gas project led by gas major Novatek on the Gydan Peninsula.The four vessels will be constructed at Zvezda Shipbuilding Complex in the Russian Far East and the construction process will be supervised by the Russian Maritime Register of Shipping (RS). Once completed, the ships will sail under the Russian flag.The Russian shipping company SCF said that the design of the series draws upon the experience of operating Christophe de Margerie, the world’s first icebreaking LNG carrier, introduced in 2017.As explained, the insight from operating Christophe de Margerie led to the integration of various advanced engineering solutions into the design.“These will provide the new ships with higher icebreaking capabilities and maneuverability, when operating in the challenging conditions across both the Western and the Eastern sectors of the Russian Arctic, compared with Arc7 gas carriers serving the Yamal LNG project,” SCF added.The deal comes on the heels of financing and long-term time charter agreements for the lead vessel in this series signed by SCF back in October 2019.Sovcomflot and Novatek agreed to establish SMART LNG LLC in September 2019, its aim being to own and operate a fleet of LNG carriers serving the Arctic LNG 2 projects, as well as other current and prospective Novatek projects.last_img read more

New Course Record Expected at 4th Okpekpe Race

first_imgOrganisers of the Okpekpe International 10km Road Race have predicted new men and women’s course records next month when the fourth edition of the IAAF Bronze Label race holds in Okpekpe Edo State.In 2014 Kenya’s Teshome Mekonnen and Ethiopia’s Wude Ayalew ran 28:35 and 32:41 respectively to smash the course and the Nigerian all-comers record of 29:39 and 33:01 set a year earlier at the inaugural edition of the race.“Last year at the third edition of the race the Kenyan duo of Korio Alex Olotptip (29.20) and Tanui Anfele (33.34) failed to race past Mekonnen and Ayalew’s records but all that will change this year,” said spokesman for the race, Dare Esan.“The quality of the elite athletes confirmed for this year’s race is such that we cannot even rule out a new world lead come May 7. Many of the gold and silver level running athletes confirmed for the race have ran faster than the course records set by Mekonnen and Ayalew in 2014. “Edwin Kiprop Kiptoo of Kenya, a gold level running athlete holds a personal best of 27:44 set in 2014 in Nairobi while his compatriot Morris Munene Gachaga is even younger and faster with 27:27 achieved in Casablanca, Morocco.“For the women’s, Buzunesh Gudeta’s 31.27 also set in Casablanca will guarantee a new course record and places in the top 10 of the IAAF top list of performers for the year,” added Esan who further revealed that one of the female athletes confirmed for the race, Edith Chelimo of Kenya is the third fastest woman over the distance so far this year.“Chelimo is actually the woman athlete to beat because of her form ran over a 10km race. She is number three on the IAAF top list of performers for 2016 with her 31.07 run in Brunssum in the Netherlands early this month.“Apart from the course record, the target before the athletes will also be the 27:42 men’s world lead set by Bedan Karoki Muchiri of Kenya last February in San Juan, Puerto Rico at the IAAF Gold Label World’s Best 10km race and the women’s 30:29 set by Violah Jepchumba also of Kenya early this month in Praha, Czech Republic,” said Esan.With the first-of-its-kind deal signed with MYLAPS Sports Timing, a Netherlands-based internationally recognised automatic sports timing company to provide the race with an easy to use, accurate and reliable timing system, all participants are ensured of flawless timing at the race.“This will give the race more credibility and reconfirm its status as an IAAF label race, the only Bronze label race in Africa in 2016 and one of only two IAAF labeled races in Africa this year after the Cape Town Marathon in the fourth quarter of this year,” Esan concluded.The Okpekpe International 10km Road Race is organised by Pamodzi Sports Marketing, a leader in sports marketing, sponsorship, hospitality and rights acquisition business with operations in Nigeria.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more