Scholes: I’m scared for United

first_img The former Red Devils midfielder emerged from the ‘Class of 92’ to play a key role in United’s successes over the next two decades. And Scholes is concerned that United will find it just as tough as Liverpool have to get back to the top, should they leave it too late to cure the team’s current ills. A home defeat to Swansea on the opening day of the Premier League campaign suggested new manager Louis van Gaal has plenty of work to do in order to improve even on last season’s miserable performance, when United trailed in seventh in the top flight. Scholes claims he was asked last season, when working on the Old Trafford coaching staff, whether United should move for Cesc Fabregas or Toni Kroos over the summer. In the end, Fabregas left Barcelona for Chelsea and Kroos departed Bayern Munich for Real Madrid. It is not known whether United made a formal offer for either midfield player. “Either way,” said Scholes, in his Independent column, “the situation now, with 11 days of the transfer window left, has become ever more desperate for my former club. They have to sign some quality players. “I am scared for United. Genuinely scared that they could go into the wilderness in the same way that Liverpool did in the 1990s.” He added: ” What do United need? Five players. Not five players with potential. Five experienced players… for now. Five proper players who can hit the ground running and turn around a situation that looks desperate. “United’s forwards are as good as any team in the league. The problem is what comes behind them.” Scholes identified the Real Madrid quartet of Xabi Alonso, Sami Khedira, Raphael Varane and Angel Di Maria as players he would target, along with Borussia Dortmund and Germany centre-back Mats Hummels. Insisting United’s chief executive should take the initiative, Scholes added: ” Ed Woodward keeps telling us that the money is there. I would say that now is the time to start spending it.” Press Associationcenter_img Paul Scholes has expressed fear that Manchester United will descend into long-term decline unless rapid action is taken to strengthen their faltering team.last_img read more

Strong safety: Browns’ Redwine committed to change off field

first_img First Published: 29th August, 2020 08:47 IST WATCH US LIVE FOLLOW US COMMENT Last Updated: 29th August, 2020 08:47 IST Strong Safety: Browns’ Redwine Committed To Change Off Field A part-time starter as a rookie, the Browns’ modest second-year safety has emerged as a trusted and respected voice in a Cleveland locker room brimming with high-profile names and extroverted personalities Written Bycenter_img Associated Press Television News LIVE TV SUBSCRIBE TO US Sheldrick Redwine’s passion extends way beyond the chalk-lined boundaries of a football field.A part-time starter as a rookie, the Browns’ modest second-year safety has emerged as a trusted and respected voice in a Cleveland locker room brimming with high-profile names and extroverted personalities.During this past offseason, Redwine, a second-round pick in 2019 from Miami, was asked by first-year coach Kevin Stefanski to be on the team’s social justice leadership committee, a position that has taken on even greater meaning for him in light of current events.“I have a voice that I should use,” Redwine said Friday. “I love expressing my feelings, because it is something I hold in. But I feel like it is like a relief to me just to talk about it.”There was a lot of heartfelt dialogue on Thursday at the Browns’ training facility and across the NFL as numerous teams decided to cancel their practices to protest — and show solidarity with other sports — following the police shooting of Jacob Blake, a Black father in Wisconsin.The Browns decided to cut their practice in half, spending the first hour on the field and the second meeting to brainstorm ideas to make meaningful change.Redwine said those conversations with his teammates were helpful, but he wants more than talk. It’s time for action, not words.“To be honest, this is a frustrating topic for a Black man and how we live,” he said. “It’s been going on for so long, and there’s been repetitive attempts of trying to stop this and bring change. It seems like the way everything is structured, there is resistance toward change.”Redwine didn’t reveal any plans to protest by the Browns, andsaid there has not been any talk about refusing to play a game like NBA players did, triggering other pro athletes to protest this week.The 23-year-old Redwine learned about racial injustice through talks with his grandfather, Credrick Pratt, who told a young Redwine about inequality and an uncle who was murdered by the Ku Klux Klan. It shaped Redwine, pushing him to want to do more to impact his race and community.While being quarantined during the COVID-19 pandemic, Redwine educated himself and “find myself on a deeper level.” He read books on finances, meditation and watched motivational videos, which he then shared with teammates, coaches and friends.Redwine also started the Gloria Redwine Foundation — named in honor of his great grandmother — that helps teach inner-city kids life skills.“Because a lot of people where I am from, it is either football or nothing,” he said.That background has molded Redwine, and he’s been using those experiences to educate some of his white teammates who may not understand his drive.“Being Black in America is tough,” he said. “I go to the store — I have dreads and tattoos — and I get followed. I have had run-ins with the police where I felt like I have been treated unfairly. I just feel like this time, it is something that we all deal with our entire life, and it is unavoidable, and it is out there.“I just want to bring knowledge to the situation. Whatever I can do to make a change, it just has to be done. I feel like it is more than just talking. It is time for action.”Redwine’s season has already taken a turn.He wasn’t expected to start, but rookie safety Grant Delpit, a second-round pick from LSU, ruptured his right Achilles tendon this week and won’t be back until 2021. Redwine said he nearly cried when he saw Delpit go down, and has been doing all he can to support his teammate.“I saw him in the training room and I just told him, ‘Keep your head up. Just constantly keep your head up. We have your back,’” Redwine said.NOTES: Starting CB Greedy Williams missed his third straight practice after leaving Monday’s workout with an unspecified shoulder injury. Stefanski said the second-year defender is “day to day.” … Center JC Tretter remains sidelined following knee surgery on the eve of camp, but Stefanski wouldn’t say if he’s committed to rookie Nick Harris starting the opener on Sept. 13. But with that game just two weeks away, that now seems likely. … The Browns were forced to practice inside for the first time in training camp due to thunderstorms.Image credits: AP last_img read more

Brilliant Bolt storms to third 200 gold

first_imgRio de Janeiro, Brazil | AFP | Usain Bolt wrote another chapter of improbable Olympic history with a third consecutive 200m crown on Thursday as Ashton Eaton led an American gold rush by clinching back-to-back decathlon titles.Bolt, who just days earlier had become the first man in history to win three 100m titles in a row, surged to victory in the 200m in 19.78sec at the Olympic Stadium.Canada’s Andre De Grasse took silver in 20.02sec, just ahead of France’s Christophe Lemaitre, who nicked bronze in 20.12.Bolt’s triumph was greeted with rapturous applause by Brazilian fans who roared their appreciation as the sprint superstar set off on a lap of honour, with Bob Marley booming from stadium speakers.The win left the 29-year-old Bolt just one win away from his targeted “triple triple” — a repeat of his sweep of 100m, 200m and 4x100m golds at the 2008 and 2012 Games.“No, I can’t grasp what I’ve achieved, definitely not,” said Bolt. “You work so hard for years and then you just hope it pays off. It is a brilliant feeling.“I’m getting older and my body is ageing. Personally I think this is my last 200 but my coach may beg to differ.”Bolt will attempt to put the seal on what he says is his final Olympics in Friday’s 4×100 relay.  Solo relay replay Kerron Clement had earlier launched the US gold blitz in the men’s 400m hurdles, coming home in 47.73 to claim gold from Kenya’s Boniface Tumuti.Clement, who won silver in the event in the 2008 Olympics, said he had been determined to win gold this year after injuries derailed his 2012 Games.“I had one goal in mind and my mindset was to come here and get a medal,” Clement said.“In 2008 I fell short and got a silver. In 2012 I was battling injuries and surgeries. I was just happy to make the finals in 2012,” he added.The other American gold came in the shot put, where Ryan Crouser won with a best of 22.52 metres, a new Olympic record.Crouser’s teammate and reigning world champion Joe Kovacs claimed silver with 21.78m. New Zealand’s Tomas Walsh took bronze (21.36).Elsewhere Friday, the USA’s 4x100m women’s relay team survived a potentially costly dropped baton blunder in their heat that left them facing disqualification.The Americans however were granted a reprieve when race officials found that runner Allyson Felix had been barged by a Brazilian rival.The US quartet were then ordered to return to the track to run a solo time trial in order to qualify for Friday’s final, which they duly did with a fastest time of 41.77sec.“It was different, it was really weird,” Felix said after the unprecedented solo race.“Running without competition is just strange.” “The reality of winning is even better than the dream; Olympic champion, in front of my name,” Muhammad said.“Being the first American to win this title adds a bit of extra sparkle,” added Muhammad, who finished in 53.13sec.Sara Slott Petersen of Denmark took silver in 53.55sec while Muhammad’s team-mate Ashley Spencer claimed bronze in 53.72. US gold rush Bolt’s win came on a day when US athletes snapped up four more golds with wins in decathlon, men’s and women’s 400m hurdles and shot put.Eaton, the defending decathlon champion and world record holder, overcame a fierce challenge from France’s Kevin Mayer to win the punishing 10-event discipline with a total of 8,893 points.Mayer won silver with a total of 8,834pts, with Canada’s Damian Warner taking bronze.Eaton’s back-to-back titles matched Britain’s Daley Thompson, who won gold in the event in the 1980 and 1984 Olympics.“To win two Olympic golds in a row like Daley Thompson is very special,” Eaton said.“One day, I’m going to have to meet Daley, shake his hand and thank him for giving me something to chase after.”Arguably the performance of the day by a US athlete came in the women’s 400m hurdles, where Dalilah Muhammad became the first American to win the event since it was introduced at the 1984 Olympics. Share on: WhatsApplast_img read more

Virat Kohli, Rohit Sharma among cricketers to shower wishes upon Manish Pandey for his…

first_imgAdvertisement f955NBA Finals | Brooklyn Vss98u2Wingsuit rodeo📽Sindre E13pd( IG: @_aubreyfisher @imraino ) 9gr0keWould you ever consider trying this?😱3gCan your students do this? 🌚8q02eyRoller skating! Powered by Firework Manish Pandey and actress Ashrita Shetty tied the knot on Monday, and the Indian cricket family including ace Virat Kohli and Rohit Sharma, showered love on the couple. Twitter was filled with congratulatory messages for cricketer Manish Pandey post the wedding. Ashrita Shetty is a famous Tamil actress and is from Mumbai. They decided to get married in Mumbai. She starred in many blockbusters in South like Indrajit, Udhayam NH4 and Oru Kanniyum Moonu Kalavanigalum.Advertisement Post the wedding, Indian Captain, Virat Kohli tweeted, “Congratulations Pandey Ji. Wish you both a lifetime of beautiful moments and happiness. God bless you both.”Advertisement Rohit’s tweet earned him a few chuckles as he tweeted, “Wish you both all the happiness in the world. Trust me this will be your best innings.”The cricketer had quite a tight schedule before his marriage. The groom did not get any off days, as he was busy playing on Sunday night. After Syed Mushtaq Ali T20 tournament ended, he flew straight to Mumbai to get married. The match was a success as he led his team, Karnataka to victory over Tamil Nadu, who unfortunately lost the match by 1 run. Manish was also the captain when Karnataka won the  Vijay Hazare Trophy this year. Advertisementlast_img read more

Steady diet of Murdoch Division competition continues for Leafs

first_imgIt’s almost like a playoff series in October for the Nelson Leafs and the Beaver Valley Nitehawks.The two Murdoch rivals will face off for the fourth time this Kootenay International Junior Hockey League season Friday night in Fruitvale with Nelson holding a 2-1 advantage in the season series thanks to a 3-2 double overtime win last week in the Heritage City.“It certainly provides us a view of what we can expect to compete against to get out of our division,” said Leaf coach Mario DiBella when asked about the early season quirk in the schedule.“I don’t think the team is getting tired of playing BV,” DiBella added.“I think they’re enthusiastic about playing teams they have to beat come playoffs to get out of the Murdoch Division.”Nelson returns home Saturday to face the Castlegar Rebels at 7 p.m. in the NDCC Arena.The Rebels have defeated Nelson twice this season — 3-2 and 5-4 in overtime.Sandhu remains on Injury ListLeaf netminder Jason Sandhu remains on the injury list after suffering a lower body injury four games into the season.The 20-year-old Chilliwack native began to skate again but is not spending much time between the pipes until the body heals.Nelson was able to grab another goalie after then coaching staff acquired Devin Allen from the Melfort Mustangs of the Saskatchewan Junior Hockey League. Allen was instrumental in the Leafs being able to rally from a 2-0 deficit to defeat Beaver Valley in double overtime last week.Thompson on loan to Langley RivermenIn keeping with team philosophy, the Leafs have loaned defenceman Dash Thompson to Langley of the BC Hockey League.“Part of our philosophy is to make sure we’re helping with the development of these players so we wouldn’t hold a player back if we can accommodate the player playing at higher level in an AP position,” DiBella explained.The Rivermen travels to Coquitlam Friday before hosting the Express in a return game Saturday and Trail Smoke Eaters Sunday.Former Leaf Hulston off to SaskatchewanLeafs experienced a brief visit from former center Levi Hulston.DiBella said Hulston, after being released by Langley following a two-game stint, has decided to pursue his Junior A career with Humbolt Broncos of the Saskatchewan Junior Hockey League.“Humbolt pursued Levi all summer so once he was let go by Langley they made their pitch,” DiBella said.“Levi did come to Nelson to practice with us but as a 19-year-old he felt this was his opportunity and I can appreciate that and wish him well.”New players expected soonDiBella said the Leafs are still tweaking the roster as the club enters October.He said the team is expecting a forward and a defenceman into camp as soon as the weekend.”The forwad is very fast with good hands has ability to put puck in the net while the D-man is 6’3″ and gives us the grit I feel we need to help the back end,” DiBella said.last_img read more

Wine for Your Heart?  Think Again

first_img“Any heart gains from drinking alcohol in moderation are likely outweighed by the harm, say researchers.”  That’s how a story on BBC News begins that warns that alleged benefits of alcohol for heart health may not be trustworthy.  A New Zealand team investigated earlier scientific studies that purported to show benefits of drinking in moderation, and found that “the way the studies were carried out did not allow the researchers to be able to say with certainty that the findings could not due to other factors rather than solely the amount of alcohol consumed.”  This did not mean that health benefits have been falsified – only unconfirmed.  Meanwhile, the known harms of alcohol may outweigh any benefits.  “If so, the public health message is clear,” the article warns.  “Do not assume there is a window in which the health benefits of alcohol are greater than the harms – there is probably no free lunch.”  One theory keeps getting more and better confirmation, though: exercise is good for the heart.  See the latest example on EurekAlert.The science is inconclusive that there are any coronary benefits to alcohol consumption, but the harms are well known.  It may just be that alcoholics tend to have clean arteries.  There are two lessons in articles like this: (1) much of what we think we know is wrong, and (2) scientific findings are tentative.  The assumption that wine is healthy has been going around since the 1960s and 1970s.  How many people have been led to believe that they should drink wine more often for good health?  How many following that line got drawn into alcoholism, or swamped any gains with greater harms?  This is not to take a hard-line position on who is right, but just to remind everyone that some claims by scientists may be based on flawed studies.    If you choose to drink during the holidays, don’t claim you do it for health reasons.  The last sentence in the article makes the best sense: “Our advice remains the same – the best way to reduce the risk of heart disease is to quit smoking if you smoke, increase levels of physical activity and eat a healthy balanced diet.”    A reader pointed out that it is not the alcohol, but the antioxidants, that confer upon wine its healthy benefits.  But consumers can find equal or better antioxidants in pomegranates, dark chocolate and many other non-alcoholic foods and drinks.  It would seem most drinkers primarily want the taste of the alcohol, or else there would be a large market for non-alcoholic wine among health-conscious consumers who want the antioxidants without the harm of ethyl alcohol.  Wine consumption still cannot be rationalized, therefore, on claims it is good for the heart.(Visited 16 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

How South Africans spend their income

first_imgThe Living Conditions Survey from Statistics South Africa gives insight into how South Africans spend their income. The biggest expenses are housing and utilities.Stats SA releases findings from South Africa’s Living Conditions Survey on 27 January 2017. It shows how citizens spend their money. (Image: South African Reserve Bank, Facebook)Brand South Africa reporterMale-headed households spend more on shoes and clothes, R5,343 a year, compared to female-headed homes, which spend only R4,364 on shoes and clothes a year. This is one of the findings from Statistics South Africa’s Living Conditions Survey (LCS), released at the end of January.Data was collected over a year, from October 2014 to 2015.Stats SA says the finding is not unexpected.“Male-headed households have a higher average annual income than their female counterparts – R165,853 and R98,911 respectively – and therefore, have greater spending power than female-headed households.“Male-headed households spend more across all consumption expenditure categories,” says the service.“It found that in 2015, the average South African household consisted of three to four persons, with an average annual income and consumption expenditure of R138,168 and R103,293, respectively.”The greatest household expenditure went to housing and utilities (32.55%), followed by transport (16.29%).“Another interesting finding was that, on average, households spent more on recreation and culture (3.81%) than they did on education (2.45%),” says Stats SA.See how South Africans spend their income. Click on the image for a larger view:To read the full report, click here.Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Harden scores career-high 56 to lead Rockets past Jazz

first_imgGilas holds closed-door practice anew And they did it with Harden only playing 35 minutes in a 137-110 victory over the Utah Jazz on Sunday night that ran their Western Conference-best record to 8-3.Harden fell just shy of Calvin Murphy’s 57 points against New Jersey in 1978, but he joined Wilt Chamberlain as the only players in NBA history to have 10 assists and shoot better than 75 percent from the field in a 50-point performance.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutHarden had 13 assists and shot a sizzling 76 percent from the floor, hitting 19 of 25 shots after missing his last three attempts. The MVP runner-up was a perfect 7 for 7 from beyond the arc until he missed a step-back 3-pointer midway through the fourth quarter as the shot clock was about to expire.Even when the Jazz could deny Harden his shot, he dished it off for someone else to score. Eric Gordon scored 20 points, Trevor Ariza had 14 and Nene scored 13 off the bench. View comments “That was one of the best performances I’ve ever seen,” Gordon said. “He was picking them apart and not just with scoring. What else can you do?”Ariza had the answer to that: nothing.“I don’t think there’s any defense for him, period,” Ariza said. “When he’s on, what can you do? Two people can’t guard him when he’s on like that.”Harden received a standing ovation from the Toyota Center crowd, which rained down “MVP! MVP!” chants at multiple points during the game. He had 22 points in both the first and third quarters, 30 at halftime and sat for the final 7:32 of the blowout.Harden said he was unaware he was 8 for 8 in the first quarter and made his first 10 shots to start the game.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH Read Next Kammuri turning to super typhoon less likely but possible — Pagasa John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Japan ex-PM Nakasone who boosted ties with US dies at 101 Stronger peso trims PH debt value to P7.9 trillion QC cops nab robbery gang leader, cohortcenter_img MOMENT OF SILENCEPrior to the singing of the national anthem, the Rockets observed a moment of silence for the victims of Sunday morning’s mass shooting at a church in Sutherland Springs, Texas, near San Antonio.UP NEXTJazz: Host the 76ers on Tuesday night.Rockets: Host the Cavaliers on Thursday night. Trending Articles PLAY LIST 00:50Trending Articles02:02Chief Justice Peralta vows to lead by example, bares 10-point program00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Brace for potentially devastating typhoon approaching PH – NDRRMC CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA MOST READ Houston Rockets guard James Harden (13) lays up a shot past Utah Jazz center Ekpe Udoh (33) in the first half of an NBA basketball game Sunday, Nov. 5, 2017, in Houston. (AP Photo/Michael Wyke)HOUSTON — James Harden had just scored a career-high 56 points when he was asked if he knew he had fallen one point shy of the Houston Rockets’ record.Harden shrugged and replied, “We won, right?”ADVERTISEMENT LATEST STORIES Don’t miss out on the latest news and information. “I mean, I was just shooting, I don’t really know,” Harden said. “I don’t pay too much attention to it.”Donovan Mitchell led Utah with 17 points in 25 minutes off the bench. Rudy Gobert had 13 points but was held to a season-low five rebounds in 25 minutes.The Rockets have won three straight, while the Jazz have lost back-to-back games following a three-game winning streak.Utah Jazz coach Quin Snyder called Harden one of the smartest players in the league.“We’re disappointed, obviously, in our group and our performance, particularly defensively,” Snyder said. “There wasn’t enough resilience, and there wasn’t enough toughness. There wasn’t a collective resolve that you need against a team that’s that talented and against a player that’s having the kind of night he was having.”Houston scored at least 119 points for a third straight game. Last season, the Rockets were 43-5 when scoring 110 points or more and 12-22 when failing to do so. Houston’s 23 3-pointers fell two shy of Cleveland’s NBA record, set last season.“I’m just going to hazard a guess when we shoot 59 (percent) from 3s, we’re probably not going to lose too many games,” Rockets coach Mike D’Antoni said with a grin. “That’s just a wild guess.”Jazz: Gobert received a technical foul late in the first half for shouting at an official following a dunk. … The Jazz shot 43.7 percent from the field, including 38.2 percent from 3-point range.Rockets: Clint Capela had eight points, eight rebounds and four blocks, including two on Gobert. … Houston made 59.3 percent of its shots, including 59 percent from beyond the 3-point line on 23-of-39 shooting.GREETING THE CHAMPSBetween the first and second quarter, the Rockets recognized the Houston Astros for their World Series win over Los Angeles, the first in franchise history. At midcourt, manager A.J. Hinch, outfielder Jake Marisnick and pitchers Lance McCullers, Mike Fiers and Dallas Keuchel held the World Series trophy to a loud ovation. Earlier in the day, several Astros players brought the trophy to the Texans’ game against the Colts.BILES’ MISSAs part of the Rockets’ new First Shot promotion featuring a local celebrity shooting a free throw before tipoff for charity, Olympic gold medalist gymnast Simone Biles became the first participant to miss her attempt. A made shot secures a $5,000 donation from the Rockets, while a miss equals $1,000. The 4-foot-9 gymnast from nearby Spring, Texas clanked her shot off the backboard to the right of the rim.last_img read more

a month agoSouthampton striker Adams happy for matchwinner Djenepo

first_imgAbout the authorPaul VegasShare the loveHave your say Southampton striker Adams happy for matchwinner Djenepoby Paul Vegasa month agoSend to a friendShare the loveSouthampton striker Che Adams is happy for Moussa Djenepo over his goalscoring form.Djenepo, who also joined in the summer, bagged his second goal of the campaign to give Saints a win over Sheffield United.Having already produced two match-winning strikes, Adams is backing the £14m winger to be a success on the south coast.Adams explained: “He does it in training all the time. We know what he can bring and that’s why the manager brought him into a more attacking role.“From when he stepped in the door, you could see he has the ability and that’s why the club signed him.“It’s important if you’re an attacking player, you need to be able to cause opposing teams problems and he’s shown that.“I think he will be a massive player for us, he’s an attacking threat, and that’s what we need. He will help us in the league.” last_img read more

Great Eastern Bets on VLCC Scrapping to Ease Tanker Woes

first_imgzoom The only light at the end of the tunnel for large tankers seems to be scrapping, as 2018 is set to be another strong year when it comes to newbuilding deliveries, fuelling the market oversupply.The tanker market has been under a great pressure as inventories went down coupled with strong tonnage supply from yards, leaving tankers struggling for work.Tankers are experiencing the worst winter since 2012-2013, with earnings dropping below USD 10,000 in the spot market, G. Shivakumar, the Chief Financial Officer of the Great Eastern Shipping Company Limited, said.” We expect that this year will be another strong year for fleet growth for crude tankers at least on a gross basis and about a middling year for product tankers. So net-to-net, we expect fleet growth of between 2 and say 5 pct for product tankers and crude tankers,” Shivakumar added.As explained, the only encouraging sign is the tempo of scrapping seen in the first five weeks of the current calendar year. It is estimated that around 2 million dwt of tankers was scrapped so far this year.” Our run rate is going at about 20 million dwt of scrapping. With the market being so weak, there are reports that there are quite a few VLCCs still lined up and looking to be scrapped. Scrap prices are quite high, they had gone up past USD 450/ltd two to three weeks ago and at those numbers for a VLCC, you would get USD 20 million as scrap price. “So, it makes it quite an attractive proposition to scrap the ship rather than undergo a special survey or a drydocking, which would cost USD 3-3.5 million and we expect that people are taking advantage of this and scrapping their ships, especially given where earnings are currently,” Shivakumar pointed out.Nevertheless, taking all the market fundamentals into account, this year is forecast to be weak for crude tankers. Product tankers could see a mild turnaround as supply winds down, while bulkers are likely to enjoy a decent recovery.Commenting on the offshore market, Shivakumar said that no significant recovery is anticipated, despite oil prices going up.India’s Ge Shipping, which specializes in bulk shipping and offshore, reported a consolidated net profit of Rs crore 98.18 in the third quarter of 2018 fiscal year ending December 31, down from Rs crore 255 reported in the same quarter for the previous fiscal year.World Maritime News Stafflast_img read more