DEC Philippines Typhoon Appeal reaches £65m

first_img The amount donated to the Disasters Emergency Committee’s (DEC) Philippines typhoon appeal has now passed £65 million.DEC member agencies and their partners report that they have now delivered aid to more than 700,000 people across affected areas of the Philippines, using both funds raised by the DEC and  support from  other sources.DEC Chief Executive Saleh Saeed said:“The response by the UK public to this appeal has been nothing short of extraordinary.“People’s continued generosity and compassion means member agencies are already getting assistance to those who need it most… Over 13 million people have been affected by the disaster, more than the population of London and Birmingham combined, and a third of these have been displaced from their homes. It is vital that people continue to give if we are to help save more lives.” DEC Philippines Typhoon Appeal reaches £65m Howard Lake | 27 November 2013 | News  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Tagged with: DEC Individual giving Research / statisticslast_img read more

Leagues pile on, joining CUNA’s Equifax lawsuit

first_img continue reading » Three credit union leagues have joined CUNA in its lawsuit against Equifax over the credit bureau’s recent data breach that compromised personal financial information for more than 145 million people.The Credit Union Association of New Mexico, the California-Nevada Credit Union League and the Michigan Credit Union League say they are now plaintiffs in a suit CUNA originally filed in a Georgia District Court on October 4. Army Aviation Center Federal Credit Union and Greater Cincinnati Credit Union are already plaintiffs in the suit.Army Aviation Center Federal Credit Union, headquartered in Daleville, Alabama, has $1.2 billion in assets and about 98,000 members. Greater Cincinnati Credit Union is a state-chartered credit union headquartered in Cincinnati, Ohio. 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Richard Sherman’s self-negotiated contract and the case for hiring an agent

first_imgI strongly feel Sherman would have done better — in his contract and in his personal existence — with an agent representing him.He already had earned enough money during his Seattle years for he, his wife and children to be set for life. I don’t see how saving the 3 percent commission paid to an agent is worth the time he spent doing the research on cornerback salaries, talking with the Players’ Association about necessary steps, and engaging in the actual negotiating process along with losing out on the other services an agent provides.Jeff Diamond is a former president of the Titans and former vice president/general manager of the Vikings. He was selected NFL Executive of the Year in 1998. Diamond is currently a business and sports consultant who also does broadcast and online media work. He makes speaking appearances to corporate/civic groups and college classes on negotiation and sports business/sports management. He is the former chairman and CEO of The Ingram Group. Follow Jeff on Twitter: @jeffdiamondNFL. Sherman wound up signing an incentive-heavy $27 million deal with San Francisco with only $5 million guaranteed, drawing criticism at the time.By making the Pro Bowl, being selected second-team All-Pro and achieving a playing time bonus this season, he’s added approximately $5 million to his $27 million base over the 2018, 2019 and 2020 seasons.DIAMOND: An apology for doubting San Francisco’s surprising Super Bowl runI know he thinks he did well in the final analysis on his contract. In recent weeks, Sherman on Twitter has pounced at several media people who questioned his wisdom regarding negotiating on his own and the resulting contract, which could have maxed out at $39 million if he hit all the incentives.And I made 13. Both sides happy. But I see you didn’t mention any contracts you negotiated— Richard Sherman (@RSherman_25) January 17, 2020Would love to see the contracts you have negotiated. Guarantee you have never negotiated a better deal coming off a Major injury. Bet your salary on it— Richard Sherman (@RSherman_25) January 17, 2020Also coming off an Achilles but hey let’s listen to you “experts”. Would love to see you achieve a third of it— Richard Sherman (@RSherman_25) January 17, 2020I hate to burst Sherman’s bubble, but the facts are that he accepted a limited guarantee of $3 million upon signing, along with another $2 million roster bonus upon reporting to last year’s training camp. That $5 million effective guarantee is only 13 percent of the $39 million maximum attainable income, which is well below market for a player who had made four Pro Bowls at the time, even if he was coming off a major surgery.Most established vets who have been elite players in the past will get at least 50 percent of the contract guaranteed. It fits Sherman’s persona to act as his own agent. But I raised an eyebrow over a then-30-year-old taking on this responsibility after the Achilles injury ended his 2017 season in Week 10. He was walking into a situation in which those teams interested in him would want to tread carefully on the financial commitment. He also had just finished playing under one of the largest cornerback contracts in the league at $14 million per year, so his expectations would be high.Sherman likely felt he could afford to take the risks inherent with negotiating his own contract, perhaps because he had made substantial money in his seven previous seasons (nearly $50 million, per Spotrac). And with an abundance of self-confidence, he believed he could take on any general manager just as he regularly locks down the NFL’s top wide receivers. As a former NFL GM and president who negotiated contracts for 20 years, I never did negotiate a contract with one of my own players directly.I would not have minded sitting down at the bargaining table with a player as long as he was even-keeled and could keep his emotions in check. It wouldn’t have changed my negotiation strategy, either. I always tried to reach an agreement that both sides felt was fair. (Getty Images) I also tried my best to stay positive in a negotiation and not over-emphasize a player’s weaknesses. I wouldn’t have been concerned with insulting a player face-to-face, because I always operated under the assumption anything I said to an agent would get back to the player.If I had negotiated with a player such as Sherman, I wouldn’t have licked my chops at a chance to get a heavily team-favored deal. I never wanted to destroy an agent or a player in a negotiation. I believed if they felt taken advantage of, it could affect future negotiations with the agent on the particular player or negatively impact the opportunity to sign a free agent that the agent represented.After all, I was working within a system — which is still in place — that said NFL players could hit free agency after their fourth season as long as the team didn’t slap a franchise tag on them. I would have recommended that Sherman hire an agent to handle his contract work, and I’m not just saying that because I currently do consulting work for an agent group.To rely on Pro Bowl and All-Pro selections is certainly a shaky proposition given the popularity contests that usually determine who makes those teams. It looks good now that Sherman got his 2020 base salary guaranteed by making the Pro Bowl this season, but if I were a player I would prefer to have a more objective factor (such as playing time) serve as a trigger on that guarantee. He also did not visit with a team other than the 49ers, which limited his negotiating power with John Lynch and San Francisco’s brass. I think it would have helped him increase the guarantees and lower the active roster bonuses he wound up earning ($125,000 per game for a $2 million maximum under the initial deal) if he had found another team to bid on his services. Even if he made a couple calls to other GMs, it’s obvious that Sherman was determined to play in his home state of California and in the Bay Area, where he attended college, so he could seek revenge twice a year against the Seahawks team that gave up on him.Sherman could have benefited from the fact that good agents and their support staff do so much more for their players than just handling contracts. They help with the transition to a new city for a player and his family in terms of housing, schools for the kids and other needs. They coordinate marketing activities, which for a well-known player such as Sherman can amount to millions in off-field income (so he likely had to take the time to research and then hire an outside marketing firm). Astute agents help build a player’s charitable endeavors and their foundation. They assist in setting up an excellent offseason training regimen that is so important to extending careers. They find qualified doctors to get second opinions on injuries when needed and fight league or club fines by setting appeals in motion for their player clients. Richard Sherman has never been one to shy away from controversy or going against the grain, on or off the field. So it wasn’t a complete surprise when, two years ago, the 49ers’ Pro Bowl cornerback decided to represent himself in free agency and negotiate his own contract without an agent following his release from the Seahawks. The Stanford grad is one of the brightest minds playing today. He’s not the first NFL player to act as his own agent, although the few who have negotiated on their own behalf in the past typically made minimum salary. The principal terms of those contracts were well defined, and just a few incentives needed to be added.last_img read more

Celebrate National “Get Outdoors Day” with Expo on Capitol Campus

first_imgSubmitted by Washington State Parks and Recreation CommissionThe Washington State Parks and Recreation Commission and the Washington State Parks Foundation invite the public to celebrate National Get Outdoors Day with an outdoor expo June 14 on the Washington State Capitol Campus. The event includes a special appearance by Gov. Jay Inslee and a campout at the Governor’s Mansion for youth from two South Sound organizations.The Get Outdoors Adventure Awaits Expo is one of five events being offered at state capitols around the nation, in conjunction with the American Recreation Coalition’s Great Outdoors Month. The Expo takes place from 11 a.m. to 3:30 p.m. Saturday, June 14, near the steps of the Legislative Building. The public is invited to enjoy a wide range of activities, including hikes, outdoor equipment demonstrations, lawn games and live music. The Expo also will feature educational displays offered by natural resource agencies, outdoor organizations and companies that produce outdoor recreation products and services. The Legislative Building will be open for tours during the event.“One reason Washington is such a remarkable place to live is because of its remarkable beauty. National Great Outdoors Month and Get Outdoors Day provide a great opportunity for all of us to experience the beautiful parks and outdoor places that make our state so unique,” said Gov. Inslee. “This Expo is the perfect place to find ideas for family trips and adventures close to home.”The Governor will close the expo at 3:30 p.m. with special remarks about his passion for parks and the outdoors, then will accompany the young campers to the lawns at the Governor’s Mansion for the Great Outdoors Capital Campout. About 25 young campers from the Boys and Girls Club of Thurston County and the South Sound YMCA  have been selected to participate in a variety of activities during the remainder of the afternoon and evening and then camp on the Mansion lawn overnight. Washington State Parks staff will provide an interpretive campfire program, geocaching, crafts, songs and games.The Coleman Company and S.C. Johnson’s OFF!® are major sponsors of the nationwide event. Coleman is providing camping gear, which the campers will take home with them when the event wraps up on Sunday morning. Subway®  is providing dinner for the campers.The Washington State Parks Foundation is a non-profit organization whose mission is “to engage, expand, and sustain a broad base of supporters who give to, advocate for, and treasure our state parks.” The foundation is coordinating participation in the Expo, while State Parks is working to coordinate the Campout.Expo participants so far include:Recreation organizations: Washington Wildlife Recreation Coalition, Cascade Bicycle Club, Washington Bikes, Mountains to Sound Greenway, Shellfish and Water Protection, The Nature Conservancy, Washington Sea Grant and Explore Hood Canal, Skagit Tours, the Washington State Geocaching AssociationAgencies: Washington Department of Fish and Wildlife, Washington Department of Natural Resources, Recreation Conservation Office, U.S. Forest Service Olympic Forest and State Parks’ Discover Pass, Volunteer and Boating Safety programsOutdoor gear companies: Sports Authority, Centro and OakiwearEvent sponsors: S.C. Johnson/OFF! ®, Coleman and SubwayYouth organizations: Boys and Girls Club of Thurston County, South Sound YMCA and Girl Scouts of Western Washington.Food and music: Participants so far include All Fed Up, an area food concession that serves organic sandwiches and burritos using organic ingredients. Music is by Servants of the Rich, a regional group that performs Irish and American folk music. Facebook117Tweet0Pin0last_img read more

Oceanport Puts Contentious Election in Rearview Mirror

first_imgKeeshenserved as the Monmouth Beach Fire Chief in 2009 and was the vice president ofthe fire company for eight years. He now works with a construction companybased in Long Branch. Wednesday he was named the chair of the public safety committee,as well as a member of the planning and development committee and the financeand administration committee. Beforehis successful reelection campaign, Coffey told The Two River Times that a lackof progress and growth for the town was at the root of his consideration tocall it quits following his four-year mayoral term. He cited difficultiesworking with specific members of the governing body, but said the addition ofWalker, Tvrdik and Keeshen will provide new perspectives that are much needed. “Fouryears ago I said Oceanport is a small town with big city problems. Each one ofthe issues we’ve conquered has been replaced by a new issue,” Coffey said,noting security concerns at Monmouth Park, social and economic impacts of fortdevelopment and how the new school referendum will effect students and taxes. “Whenthey asked me if I was interested in serving this role, I told them theyweren’t getting a guy in a suit,” Keeshen said to the approximately 150community members on hand. “But I will roll my sleeves up and I am lookingforward to getting things done with this group.” The Jan. 1 reorganization meeting introduced new blood to the governing body, as Mayor Jay Coffey, who won a second term in November, presided over the ceremonial swearing in of Meghan Walker and Tom Tvrdik, with whom he shared an Independent ticket. OCEANPORT– New Year’s Day marked a cleaning of the political slate for a borough thatendured a contentious election cycle. “Electionslike that aren’t fun,” Coffey said, recalling a combative campaign intensifiedby mudslinging between neighbors in both social media and the public arena.“But the good thing about a contested election is that it means you have achoice and choices are good. It means people are involved and care about theirfuture. It means people will express their opinions and it’s the people who getto decide which opinions carry weight. But we’re ready to put the election inthe rearview mirror and move forward.” “Lookat the makeup of our new council. You look at Billy (William Deerin), Ricky(Richard Gallo) and I, and we’re old men compared to Mike (O’Brien), Tom(Tvrdik), Bryan (Keeshen) and Meg (Walker),” Coffey said. “They representOceanport’s change. And they’re going to have to shepherd Oceanport through itsnext period of change.” Coffeyalso introduced Bryan Keeshen, who in December was approved to fill a one-yearunexpired term vacated by former council member and Republican mayoral hopefulRobert Proto. center_img “Hewas a police officer, a firefighter and is currently in construction, so he hasa wealth of knowledge that pertains to a lot of the obstacles we’re facing,”Coffey said. “You know what, those are great problems to have, because that means Oceanport is alive, it’s growing, it’s relevant. Oceanport is vibrant and changing. And change is constant and undeniable.” Fouryears later, the track is booming thanks in large part to the success of theMonmouth Park Sportsbook by William Hill. Additionally, Coffey said theborough’s fort acreage is “nearly all accounted” for in terms of developmentprojects, including property eyed by Jersey City University for a satellitecampus. And last month the board of education adopted a multimillion dollarfacilities plan that will transform Oceanport schools into modern, ADA-complianteducational centers. Coffeyrecapped the last four years in the borough, pointing to initial concerns abouteconomic solvency at Monmouth Park Racetrack, a lack of development on the approximately430 acres of Fort Monmouth property the borough assumed and community schoolsin desperate need of facility upgrades. Protoran on a Republican ticket with Joseph Irace and Steven Solan. Following thefinalization of general election results, Proto resigned his post, and Keeshen,alongside fellow registered Republicans James Murphy and Keith Salnick werenominated as possible replacements. Keeshen was ultimately selected by the boroughcouncil and Coffey said his expertise in law enforcement and public safety willbe valuable. Oceanport Mayor Jay Coffey addresses the public at the 2020 reorganization meeting.Photo by Chris Rotolo This article originally appeared in the Jan. 9, 2020 print edition of The Two River Times.last_img read more

Meetings 1/9

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECoach Doc Rivers a “fan” from way back of Jazz’s Jordan Clarkson Sylmar Neighborhood Council, 6:30 p.m. Thursday in the auditorium at Hubbard Street Elementary School, 13325 Hubbard St., Sylmar. Call (818) 833-8737. Sherman Oaks Neighborhood Council, 6:30 p.m. Jan. 16 in the library at Sherman Oaks Elementary School, 14755 Greenleaf St., Sherman Oaks. Call (818) 503-2399 or see Reseda Neighborhood Council, 7 p.m. Jan. 17 at Canoas Banquet Hall, 18136 Sherman Way, Reseda. Call (818) 832-7540. Notices of neighborhood council meetings are published every Monday. Send information two weeks in advance, including time, date, location and a phone number. Fax to (818) 713-0058 or send e-mail to [email protected] Here is a list of upcoming neighborhood council meetings: North Hills East Neighborhood Council (forming), 7 p.m. today, in the library at Sepulveda Middle School, 15330 Plummer St., North Hills. Call (818) 891-0060. Sun Valley Area Neighborhood Council, 6:30 p.m. Tuesday, Villa Scalabrini Retirement Center, 10631 Vinedale St., Sun Valley. Call (818) 768-8342. Van Nuys Neighborhood Council, 7 p.m. Wednesday in Room 1B at the Marvin Braude Constituent Services Center, 6262 Van Nuys Blvd., Van Nuys. Call (818) 908-1840. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Young footballers head to Cape Town

first_imgThe Cape Town stadium will have its finalWorld Cup trial when the internationalyouth challenge kicks off in April.(Image: Formore free photos, visit the image library)Some of the world’s best young footballers will battle for top spot in the Cape Town International Challenge, which kicks off on 8 April.Between 8 and 10 April, under-20 teams from Nigeria, Brazil, Ghana and host nation South Africa will take the field at the brand-new Cape Town stadium. This showpiece was completed in 2009 and officially handed over to City management on 14 December 2009, six months ahead of the World Cup kick-off on 11 June.The 69 000-capacity stadium is the pride of the city and has hosted three events already – a football and rugby game, and a religious gathering. During the World Cup the stadium will host five first round matches and one second round game, as well as one quarter-final and one semi-final.The Cape Town International Challenge will be its first multi-national football event, as well as the final one before the long-awaited world football spectacular gets underway.It will also be the first – and only – chance for the stadium management to test the venue’s night time capabilities. Seven of the eight World Cup matches take place under floodlights.The South African under-20 team, Amajita (isiZulu, meaning “the guys”), and Nigeria face off at 16h30 on 10 April, while Ghana and Brazil play at 19h00. The first round takes place on 8 April at the famous Newlands Stadium with Ghana and Nigeria playing at 14h00, followed by South Africa and Brazil at 18h00.The South African Football Association has made 65 000 seats available for the event. Tickets will cost R20 (US$2.80) or R30 ($4) and will only be available from Computicket. Fans arriving at the gates without a ticket will be turned away.With all World Cup tickets for Cape Town games sold out, South African football supporters can still grab an early chance to see international football at the stadium, at an affordable price.Boosting African footballThe challenge is an official World Cup event and hopes are high that it will boost the quality of youth football on the continent and abroad.Ghana is the current under-20 world champion, and Brazil hosts the next Fifa World Cup in 2014. The South American country is a former four-time under-20 world champion.City management hopes that the challenge will grow into an annual event, leaving a world-class legacy for young footballers in developing nations. Football fans who attend the event will also be helping organisers to confirm that Cape Town is ready to welcome the world to the first-ever African World Cup.“We need your help to test the city’s readiness to host the biggest event of all,” said Cape Town deputy mayor Ian Neilson. “It is important that this fourth event tests us to the limits.”The city’s sports and recreation director Gert Bam said that those who attend are in for a treat.Neilson added that city management was committed to developing young talent. “Some of the players in these teams will become household names in a few years and may even compete in the 2014 World Cup in Brazil.”Young talentSome of South Africa’s brightest football stars have emerged from the under-20 ranks. Among them are striker Benni McCarthy, now with English Premier League team West Ham United; midfielder Elrio van Heerden, currently on loan to Turkish club Sivasspor from Blackburn Rovers; and winger Steven Pienaar, who plays for Premier League side Everton.Another well-known former Amajita player is lanky defender Matthew Booth, who caused confusion among visitors to the 2009 Confederations Cup when crowds yelling his name, “Boooooth!”, were thought to be booing him.The 1.9m-tall Booth currently plays for local team Mamelodi Sundowns as defender, after a stint with Russian club Krylia Sovetov Samara, where he was captain.last_img read more

Petron, Foton hurdle opening-day foes

first_imgIn the second game, Foton joined Petron on top after a 25-15, 25-19, 22-25, 25-22 triumph over Cignal. Climb king catches last Ronda trip Read Next Foton, Branislav ready for PSL’s biggest conference PLAY LIST 03:27Foton, Branislav ready for PSL’s biggest conference00:50Trending Articles00:36Manny Pacquiao part of 2019 SEA Games opening ceremony01:37Protesters 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 Typhoon Kammuri accelerates, gains strength en route to PH LATEST STORIES MOST READ Stalzer banged in 14 points, while Hurley pumped in 15 as the Blaze Spikers, one of the league’s so-called “super teams,” handily won even with an all-Filipino crew late in the game.“We worked hard, trained hard and had fun,” said Hurley who is making her maiden stint in the country.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 shutoutBut that didn’t show as she and Stalzer, who played in two other PSL teams before, connected strongly with their teammates while Mika Reyes and Ria Meneses manned the net.Petron coach Shaq Delos Santos employed the new PSL rule allowing three imports to play at the same time if the third foreign player is a libero. Kin of Misamis Oriental hero cop to get death benefits, award — PNP Don’t miss out on the latest news and information. center_img QC cops nab robbery gang leader, cohort CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Kammuri turning to super typhoon less likely but possible — Pagasa Petron’s Lindsay Stalzer scores off Generika’s Mary Grace Masangkay.Petron took advantage of a new rule and imports that fitted into its system right away.Lindsay Stalzer and Hillary Hurley blended perfectly to power Petron past Generika-Ayala, 25-13, 25-17, 25-19, on Saturday at the start of the Philippine Superliga Grand Prix at Filoil Flying V Centre.ADVERTISEMENT Brace for potentially devastating typhoon approaching PH – NDRRMC Stronger peso trims PH debt value to P7.9 trillion View commentslast_img read more

10 months agoRomero reveals Solskjaer has ‘restored happiness’ at Man Utd

first_imgRomero reveals Solskjaer has ‘restored happiness’ at Man Utdby Freddie Taylor10 months agoSend to a friendShare the loveManchester United goalkeeper Sergio Romero says Ole Gunnar Solskjaer restored happiness to the playing group.The Norwegian has gone five from five since taking over as caretaker manager last month.And Romero believes that the players are enjoying their football.”We’ve had a great run,” Romero told the club’s website.”Not just the results, but the way in which we have won the games as well. Scoring five goals in one match was a big boost to confidence and was really something.”What we’re showing now, after a great Christmas, is only right for a club of this stature, [it] proves what we can do. The run we’ve had over Christmas and new year is testament to that.”[The manager] knows what he wants to achieve – both for the club and us as individuals. On the pitch and within the club, he has made it very clear from the outset so we know the expectation of us inside the club and externally.”You can see he has brought to the club a certain happiness and it is going well.” About the authorFreddie TaylorShare the loveHave your saylast_img read more

Norsepower Secures Millions for Rotor Sail Solution

first_imgzoomIllustration. Image Courtesy: Norsepower Finnish auxiliary wind propulsion systems’ provider Norsepower has secured a EUR 8 million (USD 8.8 million) investment that would support the expansion of the company’s Rotor Sail technology.The investment round was led by OGCI Climate Investments, along with current investors.As explained, the investment enables Norsepower to scale up production at its manufacturing facilities as part of a next phase of commercialization triggered by demand for its renewable wind energy propulsion systems.The increased take-up comes at a time when the international shipping industry looks to offset expensive fuel costs – that are likely to increase following the IMO’s 2020 global sulphur cap – and prepare for IMO GHG emissions targets in 2030 and 2050.“We are very excited to be partnering with OGCI Climate Investments on this initiative, which will leverage the expertise and capabilities of both organisations to scale our Rotor Sail Solution,” Tuomas Riski, CEO, Norsepower, commented.“Importantly, this partnership will also allow Norsepower to deliver cleaner solutions for the oil tanker market as it strives to increase sustainability and decarbonise in its role as a critical vehicle for the world economy.”“Improving energy efficiency is fundamental to reducing carbon emissions. Norsepower’s Rotor Sail technology is an … immediately available solution that improves vessel efficiency, reducing fuel consumption. We look forward to working with Norsepower to deliver real impact to the shipping sector’s CO2 emissions,” Pratima Rangarajan, CEO of OGCI Climate Investments, said.The solution, which can be installed on new vessels or retrofitted on existing ships without off-hire costs, is a modernized version of the Flettner rotor – a spinning cylinder that uses the Magnus effect to harness wind to propel a ship. The solution is fully automated and senses whenever the wind is strong enough to deliver fuel savings, at which point the rotors start automatically – optimising crew time and resource.To date, Norsepower’s Rotor Sails have been installed onboard three vessels, including Bore’s M/S Estraden, a 9,700 dwt RoRo carrier, Viking Line’s M/S Viking Grace, an LNG–fueled cruise ferry, and Maersk Tanker’s 110,000 dwt Maersk Pelican. Norsepower has also started the installation of a Rotor Sail to a hybrid ferry owned by Danish shipping company Scandlines.Since its establishment in November 2012, Norsepower has raised more than USD 24 million of funding. In addition to OGCI Climate Investments, European venture capital funds and private investors, Norsepower has been funded by the European Commission and the Finnish Funding Agency for Technology and Innovation.Related:DNV GL Certifies Norsepower’s Auxiliary Wind Propulsion SolutionVideo: World’s 1st Ferry Fitted with Wind-Powered Rotor Saillast_img read more