Pay rise increases mask fall in cash value

first_imgPay rise increases mask fall in cash valueOn 3 Sep 2002 in Personnel Today Previous Article Next Article Payawards have increased to 2.7 per cent for the three months to the end of July2002 – a rise of 0.2 per cent on the revised June figure, according toIndustrial Relations Services (IRS).Despitethe increase, acting editor of IRS Pay and Benefits Bulletin, Charles Cotton,said stock market volatility is likely to dampen-down pay expectations asuncertainty clouds much of the private sector.Theresearch shows that settlement levels in the service sector, at 3 per cent,continue to run ahead of those in manufacturing (2.8 per cent), although thegap has narrowed. It also reveals that pay deals are generally worth less thana year ago. An analysis of a matched sample of 49 awards monitored by IRSreveals that two-thirds of settlements with effective dates between 1 May and31 July 2002 are worth less than the comparable deal in the same period lastyear. Only 16 per cent of reviews are worth more, with a similar percentagepitched at exactly the same level.www.irsonline.co.uk Comments are closed. Related posts:No related photos.last_img read more

FSO Ailsa Ready for Culzean Field in UK North Sea

first_imgSembcorp Marine (SembMarine) has completed the world’s first Floating Storage and Offloading (FSO) vessel with a 40-year hull lifespan, the FSO Ailsa, ready to set sail next month for the Culzean gas field in the UK North Sea.The FSO Ailsa, built by Sembcorp Marine Tuas Boulevard Yard for Modec, and with Total as the field operator and Total, BP and JX Nippon as Joint Venture owners, will enter service with a hull designed to have twice the average hull fatigue lifespan of other newbuild FSOs, as verified by DNV GL.Equipped with a 430,000-barrel condensate storage capacity, FSO Ailsa also boasts a 25-year continuous operability without drydocking and full compliance with strict UK safety regulations for harsh-environment operations in the Culzean field, the company explained.Sateesh Dev, president & CEO of Modec Offshore Production Systems (Singapore, said, “FSO Ailsa, the 46th floating unit Modec has accomplished for the offshore oil and gas production industry, represents a significant milestone for us as it is the first one we have built for the North Sea oil and gas sector. We are honoured to play a key role in the Culzean project with this newbuild FSO, which has been exciting and challenging.”Claus Vissing-Jorgensen, Culzean project director for Total, added, “Total is delighted to celebrate the successful completion of the FSO Ailsa for the Culzean project. Work has been carried out safely to a standard that confirms the strong capabilities of these fabrication facilities in Singapore.”The Culzean field is located about 242 kilometers (145 miles) east of Aberdeen in the UK sector of the Central North Sea. First gas is expected to be produced from Culzean in 2019.last_img read more

Let’s Solve This Insulation Puzzle

first_imgWriting from Long Island, New York, Joe C describes repairs that he’s been making to his house to correct water and insect damage. Two of the four walls of the room are exterior walls, and Joe is concerned that thermal bridging through the new framing he’s adding significantly degrade energy performance. “With all the extra studs, I’m concerned there will be a lot of thermal bridging,” he says in a Q&A post. “To counteract this I’m considering installing rigid foam [insulation] on the interior side of the wall framing.” For reference, on the outside of the studs is a layer of exterior gypsum board, followed by a small air gap, and then brick veneer.RELATED ARTICLESWalls With Interior Rigid FoamWhat is Thermal Bridging?The Pros and Cons of Advanced FramingExterior Insulation Is Like A Sweater For Your HouseCalculating the Minimum Thickness of Rigid Foam Sheathing His plan is to insulate the stud cavities with fiberglass, then add 1/2-inch thick extruded polystyrene (XPS) on the interior side of the wall before installing drywall over the rigid foam. The only 1/2-inch foam available from Home Depot is Owens Corning Foamular, which he says has an R-value of 3. “Is this a reasonable plan of attack?” Joe C asks. “There shouldn’t be any issues drying to the outside. Would condensation on the outside face of the foam board in the summer (AC on in the house) be an issue?” That’s where we start this Q&A Spotlight. The foam isn’t thick enough Martin Holladay doesn’t try to steer Joe C away from his interior insulation approach, but he does suggest the layer of foam Joe wants to use isn’t thick enough. For starters, a realistic R-value for 1/2-inch rigid foam is R2.5, not R-3. “I don’t think it’s worth doing with less than 1 inch of rigid foam,” Holladay says. “Of course, 1 1/2-inch foam would be even better.” For more details, Holladay refers him to an article he wrote for GBA several years ago (see the first entry in the  “Related Articles” sidebar). Joe C says he understands that by bumping up the foam layer to 1 inch, thermal bridging becomes less of a problem. But it might not be worth the trouble. “I’ll give this some thought, as it does increase installation hassles (I’ve got a window and baseboard heat on one of the walls),” Joe C says. “Also, this is only one room in an old house, so the overall difference between 1/2-inch and 1-inch rigid foam will be very small, though it may make this room more comfortable in summer and winter.” Joe’s basic assumptions are off Joe C has been assuming the R-value of the 2×4 stud will be R-1.2. But it’s more realistic to assume the R-value of the wood is R-1.2 per inch, writes Dana Dorsett. So the R-value of the 3 1/2-inch studs is closer to R-4.2. By adding 1/2-inch polyiso insulation (R-3), Joe C could reduce the framing fraction heat flow by more than a third. If he were to use 3/4-inch polyiso, that could be cut more than half. Dorsett suggests a couple of other alternatives. One is to make the stud cavities 1 inch deeper with strips of rigid foam attached to the edges of the studs. That would reduce thermal bridging. Then Joe C could compress R-19 batts into the stud bay. The compressed bat would perform at about R-15, he says, and the insulation would have minimal voids. “Alternatively, installing cut’n’ cobbled polyiso up against the gypsum sheathing to restore the cavity depth to 3 1/2 inches, installing R-13s would bring the center-cavity R up to R-19, almost meeting current code-min on R-value basis,” he adds. “And with the R-6 thermal break on the framing it would meet code on a U-factor basis, even with the higher framing fraction of the sistered studs.” Putting vapor-retardant foam board against the very vapor-open gypsum sheathing would mitigate summertime moisture accumulation in the wall, Dorsett says. [He also adds this reference to a Fine Homebuilding video on cutting rigid insulation precisely.] While the stud bays are accessible, Dorsett says, Joe C should take the time to caulk the framing where it meets the sheathing, while also caulking any doubled-up framing members. Horizontal seams in the sheathing should be sealed with house wrap tape. Caulk a better sealant that canned foam Joe C was planning on using insulating foam in a can to seal the framing to the sheathing, but Dorsett has recommended instead that he use caulk. Is caulk more effective than Great Stuff canned foam in this application? “In general, yes, caulk is better than expanding foam for sealing those seams,” Dorsett replies. “Expanding foam doesn’t always adhere smoothly, and won’t force it’s way into the tiny gaps between sheathing and stud edge as easily as [polyurethane] caulk will. The expanding foam is also a bit bumpy and uneven, making it hard/impossible to get the batt to snug perfectly into the edges & corners without voids.” Expanding foam is great for filling gaps, he adds, but it’s slower, messier and less effective than caulk in this application. Unlike painter’s caulk, polyurethane says relatively flexible and will show good adhesion over the long haul. It’s also highly tolerant of the moisture and temperature swings it will experience in this location. Let’s do the math Akos has calculated the R-values of the different wall assemblies that have been discussed. (Presumably, he’s talking about the whole-wall R-value, not just the R-value at the center of the insulated stud cavity. This takes into account the lower R-values of the framing.) Here’s how they shape up: The existing wall with R-13 fiberglass batts actually works out to about R-12 when the brick veneer and air gap are figured in. By doubling up the studs in the wall, that drops to R-11. Adding 1/2-inch XPS insulation under the drywall brings the R-value up to R-14. Adding 1 1/2-inch polyiso boosts the R-value to R-22. With 1 1/2-inch thick strips applied to the face of the studs and R-23 batts in the stud cavities, the whole-wall R-value comes in at R-19. “Overall, if not too much work, a layer of continuous foam (slightly more than 1/2 inch) is worth it,” Akos adds. “The last wall is the best $/R value but more labor.” Will condensation be an issue? There are still a few issues Joe C isn’t clear on. When a continuous layer of rigid foam is applied on the interior side of the wall, should the fiberglass batts in the stud cavities be faced or unfaced? Should the rigid foam board be unfaced, or does it even matter? If he applies a continuous layer of rigid foam to the inside of the wall, will there be a risk of condensation on the foam when the air conditioning is running in the summer? Dorsett answers those questions this way: If the interior of the wall is low-permeance foam, it doesn’t matter whether the fiberglass batts are faced or unfaced. Because Joe C’s house is in Climate Zone 4, and assuming the wall can dry to the exterior, it doesn’t matter whether the foam board is faced or unfaced. Condensation shouldn’t be an issue unless Joe C drops the interior temperature to 60° or so. The R-value of the foam (rather than its vapor permeance) is what keeps the average temperature on the exterior side high enough to avoid serious condensation, Dorsett says. “Even if it’s impermeable foil faced foam it is superior to no-foam and a interior side polyethylene vapor barrier, since the exterior side facer of the foam will average several degrees warmer than the conditioned space temperature,” Dorsett continues. “With only fiber insulation and interior polyethylene the polyethylene sheet will be pretty much room temperature, and below the dew point of the outdoor air much of the summer in a Zone 4A climate.” Our expert’s opinion Peter Yost, GBA’s technical director, added this: There are lots of great issues raised in this exchange: Fully assessing the water damage: This is pretty quickly dealt with in the Q&A exchange. Although Joe C states that he addressed the original moisture problem, it’s critical to do this while the wall is open. I would take these steps: Carefully inspect the exterior sheathing and the bottom plate and  look for patterns of damage and water staining. It could be evidence that there are clumps of mortar at the bottom of the wall behind the brick, which would provide a capillary connection with the sheathing and wood framing. That’s a common source of moisture problems in brick veneer wall assemblies. The tricky part is that to confirm and correct the situation you would have to strategically remove bricks from the bottom course to pull out the mortar. Is the brick veneer properly weeped? What direction does this wall face in terms of summer sun/storm-wetting? How many stories are there and what sort of roof overhangs are there? Insulating with continuous rigid insulation on the interior: Yes, this makes the entire assembly exterior to the rigid insulation colder in the winter and warmer in the summer, the former less than ideal and the latter just fine. In Climate Zone 4A on Long Island, with roughly equal heating and cooling seasons, it’s a pretty good tradeoff but see number 2 below. Interior air barrier: It’s important in any climate to have a continuous air control layer, but if you are putting up interior continuous rigid insulation, it’s really important for this to be airtight (Airtightness is not mentioned in this Q&A spotlight summary, but it was one of the very first comments on this string). Caulk as air seal: I agree that high-performance liquid sealants can give a superior air seal, but be careful with “builder-grade” liquid sealants or caulks. I, too, really like the performance of polyurethane liquid sealant, but quite often the price premium means a cheaper, less effective sealant gets used. They just don’t have the sticking power of polyurethane or silicone (I checked at our local hardware store and polyurethane sealant was about 2.5 times more expensive than a builder-grade latex sealant). For more information on choosing liquid sealants read this. -Scott Gibson is a contributing writer at Green Building Advisor and Fine Homebuilding magazine.last_img read more

2 PH boxing silvers in the bag

first_imgA southpaw, Dela Peña, who idolizes World Boxing Organization super featherweight champion Vasyl Lomachenko, will tangle with another Kazakhstan pug, Akilbek Mukhtarov, for the gold in Monday’s finals.Mukhtarov routed Uzbekistan’s Mukhammadmuso Abdurakhmonov, 5-0.Pangga, also a left-hander from Cagayan de Oro City, will battle Thailand’s Sarawut Sukthet, a 5-0 winner over Kyrgystan’s Murtarbek Ibraimov.The twin victories provided a warm welcome for Association of Boxing Alliances in the Philippines president Ricky Vargas.“These boys are talented and determined to make the country proud,” said Vargas.ADVERTISEMENT Don’t miss out on the latest news and information. Puerto Princesa—Rising star Kenneth dela Peña and accomplished amateur John Vincent Pangga posted contrasting semifinals victories Sunday, assuring the Philippines of at least two silver medals in the ASBC Asian Juniors Boxing Championships at Puerto Princesa City Coliseum.Just one year into the sport, Dela Peña flaunted speed and skill in trouncing Chinese Taipei’s Yu Chen-Ching, 5-0, in their pinweight (44-46kg) tussle.ADVERTISEMENT LATEST STORIES Lacson: SEA Games fund put in foundation like ‘Napoles case’ Robredo should’ve resigned as drug czar after lack of trust issue – Panelo View comments National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ The Philippines fielded only four bets in the 18-nation event confined to 15 and 16 years old and supported by Palawan Gov. Jose Ch. Alvarez, Philippine Sports Commission, MVP Sports Foundation, Smart, Maynilad, PLDT, Wesing, Meralco, Philippine Airlines and San Miguel Corporation.Sports Related Videospowered by AdSparcRead Nextcenter_img Dela Rosa sweeps GT200 opener MOST READ Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant Trump strips away truth with hunky topless photo tweet NGCP on security risk: Chinese just technical advisers Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games DILG, PNP back suspension of classes during SEA Games An eight-year ring veteran, Pangga had to weather Kazakhstan’s Talgat Syrymbetov’s last-round assault to tally a 3-2 victory in the flyweight (50kg) category.The 16-year-old Dela Peña, a Grade 10 student from General Santos City, landed unanswered punches on the Taiwanese’ face for a standing eight-count near the end of the third and final round that highlighted his vast improvement since bagging the silver medal in last year’s Batang Pinoy.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsOnly 15 but already a four-time Batang Pinoy and 2016 Palarong Pambansa champion, Pangga connected with a left-right combination on Syrymbetov in the first round to force a standing eight-count.It turned out to be the deciding factor as the Kazakh national junior champion turned aggressor and had the fading Pangga on the retreat in the third round.last_img read more

No more games on South Korean TV: Streaming services replacing TVs in sports broadcasts

first_imgIs Luis Manzano planning to propose to Jessy Mendiola? KBS, MBC and SBS recorded a combined 40 percent viewership when South Korea beat Germany during the Russian World Cup, according to Neilsen, which said about 8 million people watched the game through the broadcasters.Meanwhile, Afreeca TV, which bought broadcasting rights from the territorial broadcasters, said the number of subscribers reached an all-time high during the World Cup season, with an average of 7.2 million people having logged onto the streaming service.“The growth of Afreeca TV last year stems from having broadcasted the World Cup,” Shinhan investment said in a 2018 report. Afreeca TV’s third-quarter operating profit and revenue in 2018 were roughly 7.4 billion won and 32.4 billion won, respectively, down about 21 percent and 12 percent from the previous quarter.Only selected streamers are allowed to live broadcast sports games purchased by Afreeca TV. The streamers are banned from using clips of games that Afreeca TV has not purchased from content providers. Editing original content — such as advertisements embedded in a live broadcast — is restricted as well.Challenges for streamersDespite the rapid surge in popularity, challenges remain for online streaming services to become live broadcasting platforms, particularly in terms of whether they are capable enough to deliver content to global audiences without a hitch.During the Russia World Cup, YouTube suffered an embarrassing outage during England’s semifinal clash with Croatia, an incident that showed even the world’s largest video-sharing platform could not livestream smoothly.When Russia competed against Saudi Arabia at the World Cup’s opening match, Gamst’s streaming service on Afreeca TV crashed for half an hour. This reportedly occurred when some 170,000 viewers flocked to see his broadcast.“While online streaming services have become a popular form of live sports broadcasts, people still think traditional broadcasters deliver better content with better quality,” said Kim Jo-han of Gom & Co.In the absence of a traditional broadcaster during the Asian Cup, and with streaming companies seeking to present themselves as reliable alternatives, internet companies and telecom giants have also joined the fray with their own streaming services. Private companies step in to help SEA Games hosting SEA Games: Biñan football stadium stands out in preparedness, completion But with sports events becoming less lucrative investments for Korea’s broadcasting giants, their latest absence in Asia’s biggest soccer competition suggests a changing trend in the way people prefer to watch sports, industry watchers say.Kim Jo-han, a media industry expert at Gom & Co., attributed broadcasters’ shrinking enthusiasm for live broadcasts to changes in Korea’s viewership preferences: People prefer edited online footage over sitting down for an entire live broadcast.“Spending more than two hours in front of a TV is an awfully long time for young viewers,” said Kim. “Instead of watching the whole game on terrestrial broadcasters, they want to enjoy it with more entertaining content, or just pick up the highlights on internet portals.”With fewer people watching sports via traditional broadcasters, media companies would be more reluctant to spend a hefty sum on sport games.Watching Gamst, for example, one feels like he or she is looking at a stand-up comedy rather than a sports forecast, as he wears ridiculous outfits, trades inside jokes with his die-hard fans and squabbles with random visitors. Using expletives is common as well.ADVERTISEMENT Buoyed by its huge success in previous World Cup games, Afreeca TV offers live broadcasts of almost every match to subscribers. Along with Gamst, professional commentators and former soccer players were also recruited to broadcast the match.Korea’s biggest internet giant, Naver, came up with its own live broadcasts based on customized content. The internal portal company allows users to select matches to watch more easily by classifying them based on countries, players and dates.Live broadcasts are also available at streaming platforms run by the country’s three major telecommunication companies. SK Telecoms, KT and LG Uplus are providing livestreaming of Asian Cup games via over-the-top video services.Sports Related Videospowered by AdSparcRead Next LATEST STORIES SEA Games hosting troubles anger Duterte The Korea HeraldSEOUL — When South Korea secured a narrow 1-0 victory over Kyrgyzstan at the Asian Cup Games in the United Arab Emirates on Saturday, Korean soccer fans did not rely on traditional broadcasters to watch the match.In fact, there were no live broadcasts from the country’s three media giants — KBS, MBC and SBS. Only JTBC, a cable network owned by a local media group, broadcasted Korea’s second match at the Asian Cup.ADVERTISEMENT LOOK: Joyce Pring goes public with engagement to Juancho Triviño MOST READcenter_img Scottie Thompson says Pia Wurtzbach’s presence fueled Ginebra’s win over TNT TS Kammuri to enter PAR possibly a day after SEA Games opening As more viewers have begun to shift from traditional broadcasters to streaming services for live sports around the world, the scene of people gluing their eyes to TV screens is becoming a thing of the past in South Korea as well.Kwon Jong-hyuck, a 35-year-old longtime soccer fan who works at an IT company in Seoul, said he watched Saturday’s match through the country’s most popular online streaming service, Afreeca TV.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars“Neutral voices from professional broadcasters are not what I want,” said Kwon, who enjoyed the game broadcasted by popular Afreeca TV streamer Gamst. “I want to feel like I’m at a bar with my friends. Internet streaming services give me such pleasure.”Territorial broadcasters have often paid skyrocketing prices to win the right to air the World Cup or the Olympics –sometimes exclusively — priding in their abilities to deliver heated moments without a hitch. LOOK: Joyce Pring goes public with engagement to Juancho Triviño Trending Articles PLAY LIST 00:50Trending Articles01:35U.S. urges Japan, South Korea to share intel00:59Sports venues to be ready in time for SEA Games02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Instant communication with viewers is one of the most significant features that set online streaming services apart from traditional broadcasters’ homogenous content designed for unknown masses.“I’m trying to make our viewers feel like they are watching the games with close uncles,” Gamst, one of the most popular sports streamers on Afreeca TV, said in an interview with a local newspaper last week. “I’m glad I have created my own way of broadcasting.”Easier access through mobile devices is also one of the advantages.Such efforts to establish their own community have led to massive popularity, with Gamst becoming the most popular streamer on Afreeca TV. His broadcast of the 2018 Russian World Cup attracted the largest number of viewers, with 350,000 people watching the game between South Korea and Mexico.Terrestrial TVs, threatenedWith live sports broadcasting having boosted the growth of conventional broadcasters worldwide in the early 1990s, Korea’s media giants have also devoted much of their resources to delivering popular sports games.Major sports events have been a battleground for larger viewership among broadcasters, equipped with massive infrastructure and finances to broadcast international sport events, such as the Olympics and the World Cup.The competition has often resulted in hefty prices for the right to broadcast the sport events. For example, KBS, MBC and SBS reportedly paid about 120 billion won ($172 million) to FIFA to broadcast its 2018 Russia World Cup.“Sport is considered to be a crown jewel of live broadcasting,” research firm Nielsen said in a report in 2017. “We are forced to watch in a fixed time period and stick with it until the end. … Sport is high-value content because it can attract views and make them stay.”Money and infrastructure are still significant barriers for local streaming services, which cannot afford to purchase exclusive broadcasting rights. But hyper-fast internet speeds and technological breakthroughs have brought changes. View comments Don’t miss out on the latest news and information. SEA Games: Biñan football stadium stands out in preparedness, completionlast_img read more

Tourism Minister says protect TCIs reputation from crime

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, March 14, 2017 – Providenciales – One attack is one too many says Tourism Minister, Ralph Higgs who last week commented after crime against  at least two visitors within days of each other.  A male guest who was shot and stabbed and robbed and a woman tourist nearly mugged while jogging.  “While the Turks and Caicos Islands remains one of the safest destinations in the region, if not in the world, a single attack against any innocent person is unacceptable and will not be tolerated.”The Minister added:  “The Ministry would like to encourage in the strongest way possible, our people to cooperate with law enforcement to report crimes which will aid in bringing the perpetrators to justice. We would especially like to appeal to anyone with information of crime against our visitors to report it to the local authorities or to crime stoppers.”The Ministry of Tourism reminded that that the TCI is known for its pristine beaches and friendly people, that we all have a role to play in maintaining that reputation.#MagneticMediaNews #keepTCIsafe #RalphHiggs #StopCrimeTCI Recommended for you Minister of Tourism on TCHTA’s announcement of formal working relationship with Carnival Corporation and PLC Related Items:#keepTCIsafe, #magneticmedianews, #RalphHiggs, #StopCrimeTCI Land bought, project sound, five-star resort coming to NW Grace Bay Beach Facebook Twitter Google+LinkedInPinterestWhatsApp Million dollar marketing plan, Government Budget gives slight boost to TCI Tourist Boardlast_img read more