Gig On! Freelancers Are Well-Compensated, Optimistic About Next Year

first_imgAre you getting paid as much as other freelancers? Are you the only one who has trouble finding clients? Does your city have a lot of freelancers, or are you the only one?Sometimes, as independents, it’s hard to get a sense of how other freelancers are faring. That’s why we love this great infographic from Anna at GraphicDesignDegreeHub, which gives us the answers to these and other important questions. We are happy to see that 90% of freelancers are happy working solo, but know that in the future, we’ll have to work together to figure out new systems that mitigate risk from all of the “cons” of the freelance life, like access to affordable benefits, the feast or famine cycle, and work/life balance.Source: The Pros and Cons of Being a Freelancerlast_img read more

Port of Long Beach to Continue Modernization Works

first_imgzoom The Long Beach Board of Harbor Commissioners has approved a USD 748 million budget for the Port of Long Beach in the next fiscal year, with more than 60 percent set aside to continue its modernization program.The budget will be presented to the Long Beach City Council for approval. For the fiscal year starting October 1, 2017, the port plans to spend USD 457 million on capital projects, a part of this decade’s USD 4 billion program to increase efficiency by upgrading terminals, waterways, bridges, rail lines, marine safety and other vital infrastructure.“This spending blueprint advances the nation’s largest seaport modernization program and our practice of investing revenue back into our harbor, a leading economic engine for this region, the state and the nation,” Lori Ann Guzmán, Harbor Commission President, said.“The budget reflects this Port’s fiscally prudent, results-driven approach to budgeting and capital improvements,” Guzmán added.The fiscal year 2018 budget projects a 1.8 percent increase in operating revenue over the current year.The budget puts USD 16.4 million into “net position,” designating it for spending in the future, beyond fiscal year 2018.Meanwhile, as part of the approved budget, the port is expected to transfer USD 18.7 million to the city’s Tidelands Operating Fund, which is used for beachfront improvements in Long Beach.Ongoing major capital improvement projects include the Gerald Desmond Bridge replacement and the Middle Harbor redevelopment, a model for green cargo operations and the most advanced facility of its kind in the world, the Port of Long Beach said.Another highlight in the budget includes USD 404,000 in funding for the Port Community Grants Program, approved by the Harbor Commission this year. Over the next 12 to 15 years, funding from the environmental grants program will help offset the impacts of port operations on the surrounding community.last_img read more

Low MR Charter Rates Hurt Pyxis Tankers Earnings

first_imgzoomIllustration. Image Courtesy of Shaah Shahidh on Unsplash. Due to lower MR charter rates, Greek product tanker company Pyxis Tankers ended the second quarter of this year with a widened net loss.The company posted a net loss of USD 1.3 million in Q2 2018, compared to a net loss of USD 0.8 million seen in the corresponding period a year earlier.Voyage revenues stood at USD 7 million for the three months ended June 30, 2018, representing a decrease of USD 1.4 million from USD 8.4 million reported in Q2 2017. As explained, the decrease in gross voyage revenues during the second quarter of 2018 was primarily due to lower time charter equivalent rates, as well as to a slight decrease in total operating days attributed to increased idle days between voyage charter employments.“Overall, our operating results for the second quarter of 2018 were mixed. As the quarter unfolded, the time charters for our medium range tankers (“MRs”) rolled-off into a very difficult spot market at much lower rates,” Valentios Valentis, Pyxis Tankers’ Chairman and CEO, commented.“Weaker demand for MRs was caused by temporary market disruptions in the Atlantic basin, led by lower activity in the Gulf of Mexico, continued drawdown of inventories of refined petroleum products in storage and intrusion of larger ships, mainly newbuild crude carriers, which transported clean products on their maiden voyages. Three out of four of our MR tankers are currently in the spot market, which we hope will improve by this fall,” Valentis added.“As for our small tankers, we experienced a nice improvement in trading activity compared to the first quarter of 2018. We have continued to focus on our costs during this challenging period. The success of our efforts was clearly demonstrated during the second quarter as our total operational costs (…) improved,” Valentis continued.The company’s CEO further said that chartering activity is expected to be challenging, however, with a modest upward trend when moving into the fourth quarter. Additionally, a long-term improvement in charter rates is expected as a result of attractive market fundamentals.“We remain optimistic about the fundamentals of the product tanker market, specifically for MRs, and believe that Pyxis Tankers has the platform and position to take advantage of them,” Valentis concluded.Focused on growing its fleet of MR vessels, Pyxis Tankers currently owns a fleet of four MR and two small tankers engaged in seaborne transportation of refined petroleum products and other bulk liquids.last_img read more

Family talks tough puts up REWARD in Galmo Williams shooting

first_img BIG REWARD FOR ARMED ROBBERY THUGS, Friends enraged Related Items:#magneticmedianews, #TCIlovesGilley Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for youcenter_img Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, February 7, 2017 – A $20,000 reward is being offered for information in the shooting of Galmo Williams; Williams, the former Premier of the Turks and Caicos Islands was shot in the left knee and was airlifted yesterday to Florida for work on that knee.Businessman and Philanthropist are other hats Mr. Williams who owns the Wine Cellar and Gilley’s Café wears and friends believe the three thugs who robbed him are strangers in this town, they say anyone who knows their dear friend Gilley, knows he would have gladly given the guys money.The long time residents, now Belongers are fuming over the audacity of anyone to harm Galmo.  We distorted the voice by request of the donor who is concerned about the thugs themselves retaliating.  “He would have given it anyway, and then they take his money, and then they shot him, this man works for every single community, organizations with our communities, from South Caicos to Salt Cay, to Blue Hills, Blue Hills is his home, they don’t get any better than the people from Blue Hills.  This man is kind, gold, sweet, passionate, this man gives everything to everybody.  This man I love, how could you do this to this man.  You people out there, whoever you are, you’re gonna pay.”  The $20,000 reward of their own money is for information going to the Police that leads to an arrest and conviction.Police report that Williams cooperated with the three masked, armed men on Superbowl Sunday night as he was headed toward Ricky’s Flamingo Cafe – the trio got away with Gilley’s wallet and his wedding ring.#MagneticMediaNews #TCIlovesGilley Galmo Williams in physical therapy nowlast_img read more