first_imgData from VesselsValue shows that CDB has 18 bulkers on order at compatriot yards, including eight Ultramaxes and one Panamax at New Dayang Shipbuilding scheduled for delivery in 2020. Two of the vessels are expected to be delivered in February 2021, two in May 2021, two in July 2021 and two in September 2021. Furthermore, CDB has also been linked to an order for two more 61,000 dwt bulkers at Dalian COSCO KHI Ship Engineering (DACKS) shipyard in Dalian. CDB plans to fund the investment via its own funds, bond issuance funds and commercial bank loans. Hong Kong-listed China Development Bank Financial Leasing has entered into a contract with New Ocean Shipbuilding in Jiangsu for the construction of eight bulkers. According to Asiasis, the ships are slated for delivery in 2021. The 63,000 dwt bulkers will cost a total of $188.9 million. CDB plans to lease the ships upon delivery to an independent third party. Illustration; Source: Pixabaylast_img read more

first_imgUnder further planned changes, mothers will be able to nominate their husband or partner to take over all or part of the year’s remaining maternity leave to which they are entitled. The Telegraph 11 March 2014Only one in 50 new fathers currently take up the chance to share up to six months of their wife or partner’s maternity leave, figures show.Fears of damaging their career prospects and having to struggle on a lower income have deterred all but a tiny minority of fathers eligible for the extra leave, a study concludes. Under new rules championed by Nick Clegg, the Deputy Prime Minister, fathers can now request to have to 26 weeks on top of the standard fortnight’s paternity leave as long as the mother is not also taking her full allocation.center_img Research by the law firm EMW found that of the 2009,000 fathers who took the usual two weeks last year only 4,000 – or two per cent – went on to take  “additional statutory” paternity leave.last_img read more