Showing posts with label marine accidents. Show all posts
Showing posts with label marine accidents. Show all posts

Friday, December 5, 2008

The Lightning Flash Before The Flood

The Lightning Flash Before The Flood

ScienceDaily (Nov. 24, 2008) Flash floods are the most common natural disaster in the United States, and because of their unpredictability they’re the leading weather-related cause of death for Americans. They usually arrive with little or no warning, but a Tel Aviv University researcher is trying to predict where and when they will occur ― using lightning.

Prof. Colin Price, coordinator of the international “Flash Project” and head of the Geophysics and Planetary Physics Department at Tel Aviv University, is studying the link between lightning and subsequent flash floods. The three-year study includes scientists from five European countries, and its results are expected to be adopted by weather forecasting agencies around the world.

The goal is to develop an early warning system for people in the path of a flood. “Flash floods are different from normal floods, which are often the product of melting snow. Flash floods are short-lived and dump a lot of rain,” says Prof. Price, a climate change specialist. “Using the radiation emitted from lightning flashes, we’ve developed a system that can give adequate warning to the public ― and save lives.”

Eventually, the Flash system may be used to send messages to cell phones, RSS feeds, GPS units and other devices to warn people in the path of a flash flood and avert disaster.

“Nowcasting” for Flood Warnings

Unlike normal floods which arrive slowly and with more warning, flash floods are particularly dangerous because they happen so quickly, developing from thunderstorms that form in a matter of hours. By measuring the radiation emitted by lightning, researchers can pinpoint the most intense thunderstorms, and the resulting rainfall can be located and tracked.

This data has been used to predict both the path of a storm and where heavy rainfall will appear ― crucial predictions, since the impact of flash floods depends on ground topography, slope and vegetation cover. “Nowcasting,” which predicts what conditions will be in the next few hours, versus “forecasting” a day or two in advance of expected weather conditions, is critical.

Looking at real-time lightning data, Tel Aviv University researchers can see where storms will travel over a period of a few hours, and can warn people in the path of the flood of impending danger. Such a tool will become even more relevant as erratic weather patterns, predicted by climate-change scientists today, become a reality tomorrow.

A Flood of Warnings Delivered in a Flash

The research from the Flash program can be extrapolated for use anywhere in the world, including the flash flood-prone regions of the U.S. For example, the U.S. National Lightning Detection Network could easily apply the results of the Flash research.

“This is a tool for the future,” says Prof. Price. “And it will be even more exciting in the next decade, when we’ll have continuous real-time detection of lightning activity from satellites. That data will be used to predict floods anywhere.” The U.S. will also have geostationary satellites with lightning trackers that will take a picture every 15 minutes from 36,000 kilometers above the earth.

WEATHER NOTE

FEDERAL COMMUNICATIONS COMMISSION ANNOUNCES AGENDA FOR SUMMIT ON LESSONS LEARNED: HURRICANE SEASON 2008

Washington, D.C. –
The Federal Communications Commission’s Public Safety and Homeland Security Bureau (Bureau) today announced that it will host a Summit on Lessons Learned: Hurricane Season 2008 to be held on Thursday, December 11, 2008, 9:00 a.m. – 1:00 p.m. in the Commission Meeting Room (TW-C305).

The Summit will focus on communications and coordination between state, local and federal governments, healthcare and industry in preparation for and response to the 2008 storms. The panel discussions will also highlight ways that communications may be expanded and enhanced in preparing for future storms or other disasters (see detailed agenda below).

The Summit will be open to the public; admittance however will be limited to the seating available. Those individuals who are interested in attending the summit may pre-register on-line at: http://www.fcc.gov/pshs/summits. Those who pre-register will be asked to provide their name, title, organization affiliation, and contact information. Individuals may also contact Stephanie Caccomo at 202-418-1812 regarding pre-registration. The deadline for pre-registration is Friday, December 5, 2008. Audio/Video coverage of the meeting will be broadcast live with open captioning over the Internet from the FCC's web page at www.fcc.gov/realaudio. The FCC’s web cast is free to the public and does not require pre-registration.

Reasonable accommodations for persons with disabilities are available upon request. Please include a description of the accommodation you will need. Individuals making such requests must include their contact information should FCC staff need to contact them for more information. Requests should be made as early as possible. Please send an e-mail to fcc504@fcc.gov or call the Consumer & Governmental Affairs Bureau: 202-418-0530 (voice), 202-418-0432 (TTY).

For additional information about the meeting, please contact Susan McLean at (202) 418-7868 or by email: susan.mclean@fcc.gov .

For full (agenda)

Mechanical problems hamper mock disaster exercise
2008-11-21 18:21:00.000

Mississauga's Pearson International Airport was supposed to be the launch point from where emergency personnel and resources would be deployed to a mock ice storm disaster today.

That plan wouldn't fly, though. Literally.

Originally, a C-17 Globemaster was to arrive at Pearson 11 a.m. as part of Trillium Response – a multi-jurisdictional disaster response effort developed by the Emergency Management Ontario, the Office of the Fire Marshal and the Canadian Forces. The C-17 – the military's newest aircraft which can carry a payload of 160,000 lbs. – was to be employed to transport personnel and resources to a mock emergency in Thunder Bay.

Due to mechanical problems, however, the plane was grounded. Instead, a C-130 was flown in at 2 p.m.

The mission was a response to a desperate plea for help from the Iain Angus the acting mayor of Thunder Bay, who had contacted the Provincial Emergency Operational Centre at about 8 p.m. last night. She was asking for help after a grain elevator had collapsed because of heavy snow and ice. The collapse injured 30 people and trapped another 80.

Still, members of Trillium Response refused to see the malfunctioning aircraft as a setback. Instead, they told the press that patrt of reacting to a disaster is dealing with the unpredictable.
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"The only thing predictable in an emergency is the unpredictable," said Rick Bartolucci, Ontario's minister of community safety and correctional services. "The team had to strategize and come up with another alternative because the reality is this exercise has to go on because we're responding to an emergency."

By 8:30 p.m., the Heavy Urban Search and Rescue team (HUSAR) had been deployed. The team consists of 70 people from Toronto fire and police servives medical staff and specialists in structural engineering, hazardous materials, heavy rigging, search and logistics.

They flew out of Pearson to the disaster scene, albeit delayed by three hours until the replacement ride arrived.

"We will, at the end of the day, have learned from this exercise so that in the event of a real emergency here in the province of Ontario we will be equipped with not only the human not only the physical resources that are necessary but also having had the experience of reacting to a very serious situation," said Bartolucci.

The Thunder Bay mock disaster was one of several taking place simultaneously in other areas across northwestern Ontario, including in Kenora and Dryden.

The entire operation involved over 40 government and non-government organizations including 11 ministries of Ontario, four federal government departments and nine First Nations communities.

"This is going to be the largest exercise, peace-time joint exercise that has taken place in the province of Ontario," said Brigadier General Gary Stafford.

MARITIME NOTE

Reports released in November analyze three deaths at sea in ‘06

November saw the release of two separate incident reports in response to loss of life at sea. Both incidents occurred in heavy weather conditions. The first was investigated by the Marine Accident Investigation Branch (MAIB), which investigates accidents involving UK ships and ships in UK territorial waters. The second was done by the Transportation Safety Board of Canada.

Both bodies investigate accidents to determine circumstances and causes with the mission of improving the safety of life at sea and to help avoid future accidents. Neither group is charged with assigning fault or determining civil or criminal liability.

In the first report, the training tall ship Picton Castle of Nova Scotia, Canada, lost a crew member while sailing in the North Atlantic Ocean.

"On the afternoon of 05 December 2006, the barque Picton Castle departed Lunenburg, Nova Scotia, bound for St. George’s, Grenada, in the eastern Caribbean Sea," a summary of the incident from the report states. "On board were 12 crew and 16 other persons who had signed on as trainees. On the evening of Dec. 8, shortly before 2235, while in heavy weather, a deckhand was swept overboard from the leeward side of the vessel. An air and sea search ensued, but it was unsuccessful."

The near 12,000-word report found seven "causes and contributing factors" and five "findings as to risk." These include that the safety of the vessel was adversely affected by the decision to sail, given the limited training of the crew in emergencies and the limited experience of the trainees. Issues regarding training, communications, fatigue, safety drills and record keeping were also addressed in the report as factors in the incident.

According to the ship’s Web site, Capt. Daniel Moreland accepts recommendations of the investigators and has responded to the report with an intense review and scrutiny of safety equipment and all practices and procedures aboard, including an in-depth independent Extraordinary Safety Audit and Transport Canada inspections.

For the full report see The Transportation Safety Board of Canada’s Web site, www.tsb.gc.ca.

In the other incident, in a 2006 incident that claimed the lives of two crew members, a MAIB report says the ship’s master with FR8 Ship Management PTE of Singapore, should have never left the harbor and should have delayed sailing.

"At about 1220 on 11 November 2006, while outbound from Scapa Flow and transiting the Pentland Firth, the 74,065 dwt Singaporean registered tanker, FR8 Venture, shipped two large waves over her bow," the report states. "This resulted in the death of two able seamen (ABs) and serious injuries to an ordinary seaman (OS), all of whom were working on the forward mooring deck. The waves also caused minor damage to the ship."

According to the UK Coast Guard, weather conditions were "horrendous" including strong winds, heavy seas and huge swells. Safety issues addressed by the report, say waves of the size that killed two men and injured a third should have been anticipated and the foredeck should have been secured.

It was recommended that the master should revise the securing schedule, depending on weather and if the vessel is arriving or leaving port to ensure crew are on deck, exposed to the elements, for the least amount of time. Also, the report stated it would be "prudent to concentrate the manpower in one locale rather than spreading them out and trying to secure all over as a concentrated effort will mean a quicker securing [sic]."

The company should have had effective safety measures in place with an effective plan of action. Named Navig8 Ship Management Pte, Ltd. since 2007, the shipping company has reviewed all recommendations and has now set policy for all its ships.

Also, the MCA issued a Safety Alert, which gives a brief outline of the accident and draws attention to the contents of Chapter 3 of the Admiralty Sailing Directions North Coast of Scotland Pilot that warns mariners of strong tides, with large waves that frequently occur in the area of Pentland Firth. In light of the actions taken as a result of this accident, the MAIB has issued no safety recommendations.

To see details of this report see MAIB’s Web site: www.maib.gov.uk.

On This Day, December 4 1872

Ghost Ship Mary Celeste Found Near Strait of Gibraltar

An engraving of the Mary Celeste as she was found.

An engraving of the Mary Celeste as she was found.

DECEMBER 4 1872, ATLANTIC OCEAN - The Mary Celeste was sighted by the Dei Gratia, commanded by Captain David Reed Morehouse, who knew Captain Benjamin Briggs, the commander of the Mary Celeste. According to the account given by the crew of the Dei Gratia, the ship was observed for two hours, under full sail and heading toward the Strait of Gibraltar. They concluded that she was drifting, though she was flying no distress signals.

On November 5, 1872, the Mary Celeste picked up a cargo of commercial alcohol shipped by Meissner Ackermann & Co. and set sail from Staten Island, New York to Genoa, Italy. In addition to the captain and a crew of seven, she carried two passengers, the captain’s wife, Sarah E. Briggs (maiden name Cobb), and their two-year-old daughter, Sophia Matilda, making 10 people in total.

Oliver Deveau, the chief mate of the Dei Gratia, led a party in a small boat to board the Mary Celeste. He found the ship in generally good condition, though he reported that “the whole ship was a thoroughly wet mess”. There was only one operational pump, with a lot of water between decks and three and a half feet of water in the hold. The forehatch and the lazarette were both open, the clock was not functioning and the compass was destroyed. The sextant and marine chronometer were missing, and the only lifeboat appeared to have been intentionally launched rather than torn away, suggesting the ship had been deliberately abandoned. Popular stories of untouched breakfasts with cups of tea on the cabin table, washing hung out to dry, a cat found asleep on top of the gallery locker and a bowl of a half-eaten apple pie are wholly without substance.

The cargo of 1,701 barrels of alcohol was intact, although when it was eventually unloaded in Genoa, nine barrels were found to be empty. A six-month supply of food and water was aboard. All of the ship’s papers, except the captain’s logbook, were missing. The last log entry was dated November 24 and placed her 100 miles west of the Portuguese islands of the Azores. The last entry on the ship’s slate showed her as having reached the island of Santa Maria in the Azores on November 25.

Crewmen from the Dei Gratia sailed the Mary Celeste to Gibraltar where, during a sitting of the Vice Admiralty Court hearing a claim against the owners of the ship for salvage, the judge praised them for their courage and skill. However, the Attorney General of Gibraltar, Frederick Solly Flood QC in his role as Queen’s Proctor to the court, turned the hearing from a straightforward salvage claim into a de facto trial of the men of the Dei Gratia, whom Flood suspected of foul play. In the end, the court did award prize money to the crew, but the sum was much less than it should have been, as “punishment” for suspected, but unproved, wrongdoing. Captain Morehouse was awarded one fifth of the ship and cargo.

None of the Mary Celeste’s crew or passengers were found, and it is unlikely that the events leading to their disappearance will ever be known with certainty.

Many theories have been proposed to explain the mystery.

The first theory proposed during the admiralty court proceedings, was that the Mary Celeste was the victim of an act of piracy and the crew was murdered.

The crew of the Dei Gratia was suspected as culprits, who murdered those on board and then fabricated the story of the ghost ship with the aim of securing the salvage rights.

Of the theories consistent with the account given by the crew of the Dei Gratia, the most plausible are based on the barrels of alcohol. Briggs had never hauled such a dangerous cargo before and did not trust it. Nine leaking barrels would have caused a buildup of vapor in the hold. Historian Conrad Byers believed that Captain Briggs ordered the hold to be opened, resulting in a violent rush of fumes and then steam. Believing the ship was about to explode, Briggs ordered everyone into the lifeboat, failing, in his haste, to properly secure it to the ship with a strong towline. The wind picked up and blew the ship away from them. The occupants of the lifeboat either drowned or drifted out to sea to die of hunger, thirst and exposure.

During the admiralty court proceeding, Solly Flood proposed that the crew, after consuming the alcohol from the kegs that were recovered empty, murdered the Briggs’ in a drunken mutiny. The mutinous crew are then presumed to escaped in the missing lifeboat. However, the captain was a believer in abstinence and unlikely to tolerate drinking on board, or a crew inclined to drink alcohol on board.

Another theory has suggested there was a mutiny among the crew who murdered a tyrannical Briggs and his family, then escaped in the lifeboat. However, Briggs had no history to suggest he was the type of captain to provoke his crew to mutiny. First Mate Albert Richardson and the rest of the crew also had excellent reputations.

An alternate scenario has the ship encountering a waterspout, a tornado-like storm with a funnel cloud that occurs at sea. In such a case, it is suggested, the water surrounding the ship may, in being sucked upwards, have given the impression that the Mary Celeste was sinking. It would explain why the Mary Celeste was soaking wet when discovered by the crew of the Dei Gratia, and a mass panic among the crew during such an occasion would probably explain the scratched railing and the broken compass, as well as the missing lifeboat. A further theory offered by Captain David Williams is that a seaquake erupted below the ship and jarred open nine barrels of alcohol (~450 gallons), which leaked into the bilge. The earthquake also dislodged the flue for the hot stove on deck and caused embers from the fire to drift into the rigging. Smelling the alcohol in full view of the burning embers caused the crew to panic and abandon the ship. The ship sailed on without the crew. The crew then decided to try to catch the ship and sail off after her in the small sailing dingy, but they never caught up with the Mary Celeste and died at sea.

Yet another theory claims that ergotamine from contaminated flour aboard the ship which could have led all its occupants to throw themselves overboard. However, the sailors from the Dei Gratia were not affected.


Messing About In Ships Podcast



19 days til Christmas! http://kdfblog.files.wordpress.com/2007/12/1christmas_tree.png
Have one really great weekend!


RS

Wednesday, November 26, 2008

When It Comes To Sea Level Changing Glaciers, New NASA Technique Measures Up

When It Comes To Sea Level Changing Glaciers, New NASA Technique Measures Up

ScienceDaily (Nov. 10, 2008) A NASA-led research team has used satellite data to make the most precise measurements to date of changes in the mass of mountain glaciers in the Gulf of Alaska, a region expected to be a significant contributor to global sea level rise over the next 50-100 years.

Geophysicist Scott Luthcke of NASA's Goddard Space Flight Center, Greenbelt, Md., and colleagues knew from well-documented research that changes in the cryosphere – glaciers, ice caps, and other parts of the globe covered year-round by ice -- are a key source of most global sea level rise. Melting ice will also bring changes to freshwater resources and wildlife habitat. Knowing that such ice-covered areas are difficult to observe consistently, the team worked to develop a satellite-based method that could accurately quantify glacial mass changes across seasons and years, and even discern whether individual glacier regions are growing or shrinking.

The study's authors found that the annual ice mass lost from glaciers in the Gulf of Alaska has been 84 gigatons annually, about five times the average annual flow of the Colorado River through the Grand Canyon and equal to the entire amount of water in the Chesapeake Bay.

"The Gulf of Alaska region is 20 times smaller than the ice-covered area of Greenland, yet it contributes nearly half as much freshwater melt as Greenland and accounts for about 15 percent of present-day global sea level rise stemming from melting ice," said Luthcke, lead author of the study which will appear this week in the Journal of Glaciology. "Considering that the Gulf of Alaska makes such a disproportionate contribution, it is vital that we know more about the nature of glacial change there."

Luthcke and colleagues found a way to remotely measure the "mass balance" of a glacier; that is, the net annual difference between ice accumulation and ice loss. Past measurements of glacial mass balance in remote mountain ranges have been sparse or imprecise. Ground-based sensors can provide long-term data, but such data points are scattered due to the inaccessibility of many remote mountain ranges. Altimeters aboard aircraft can measure changes in the height of glaciers, but the sampling is sporadic because flights are relatively infrequent.

Glaciers in the coastal environments on the edge of the Arctic or Antarctic shed and gain mass rapidly, a high mass turnover that is particularly sensitive to climate change. Warming seas can accelerate the motion of tidewater glaciers, and melt water on glacial surfaces can flow to the floors of glaciers and serve as a lubricant as the ice slides toward the sea. The subsequent addition of freshwater to the ocean contributes to one of two sources of global sea level rise; "eustatic" rise resulting from melted ice in the form of freshwater, with the other source set off by "thermal expansion," sea level rise that occurs due to warming ocean temperatures.

The Goddard-led research team developed a new data analysis technique for NASA's Gravity Recovery and Climate Experiment (GRACE) mission. GRACE is made up of twin satellites that orbit Earth about 137 miles apart and 300 miles above Earth's surface. The positions of the two satellites change in response to variations in Earth's gravity field, which is stronger or weaker depending on the land or ice mass that they are flying over. Microwave ranging systems measure the distance between the two satellites down to the width of a human hair, so by measuring the change in the distance between the satellites over time, researchers can essentially "weigh" the changes in Gulf of Alaska glaciers.

Using data collected by the GRACE satellites from 2003-2007, as well as unique processing and analysis techniques, Luthcke and colleagues were able to measure the mass of the glaciers every 10 days across an area spanning 18,919 square miles, about the equivalent of Vermont and New Hampshire combined.

The team found the largest ice mass losses occurring in the Yakutat, Glacier Bay, and St. Elias regions. Those observations are consistent with recent studies from aircraft-based altimeters and other satellites.

"The consistent and direct measurement of ice-mass change made possible by the GRACE data and the analysis techniques applied in this study provide unprecedented observations that further our knowledge of the region's complex ice evolution," said Luthcke.

The most rapid glacial melt, according to Luthcke and colleagues, came in response to the summer heat wave of 2004, when the region's glaciers shed 374 gigatons of ice, or about 98 cubic miles of ice. In comparison, the record for Greenland ice melt was 500 gigatons, or about 131 cubic miles, during the summer of 2007.

"With such rapid change taking place in such a critical area, we need to be able to more reliably observe how these glaciers are responding," said Luthcke. "The direct measurement of ice-mass variation is important for improving our modeling capability and for ultimately predicting future changes."

WEATHER NOTE

Colors of the ocean make their way into a book

The compositions are simple: cresting waves, a stretch of sand, a field of sky. In some, glimmering sunlight highlights the ocean’s surface. In others, a protected cove is defined by water that ebbs and flows over sand. Gray cloudscapes sometimes threaten; the water might be rough.

Regardless, all the watercolor paintings seem serene, and project an air of solitude. No one inhabits these beaches—the viewer is one with the vista, alone, looking out to sea.

And this is exactly what artist Mike Solomon intended. It’s how he experiences the ocean while scanning sea conditions, waiting to surf. Waiting for the perfect time to put away his paints, grab his board and see how the shoreline view meshes with surfing reality.

The paintings can easily stand on their own. But closer examination brings a subtle surprise—there is writing across the bottom of the composition. At first, it seems like some sort of code: a numerical date, an actual time or time of day, a location. Notations on swell heights, air temperature, water temperature and weather-related information follow. The words are clinical, factual: a straight reporting of conditions. Then, unexpectedly, the personal.

A single sentence punctuates the text, changing the whole experience. The words can be simple like “(Michele’s Birthday)” or “A couple of guys out.” Sometimes the reference leans toward the poetic: “Strong offshores and shoulder high swell at low tide—all the elements baking in the sun.”

In some works, an unexpected twist concludes the text: “I sat and watched for a couple of hours but saw nothing worth enduring that cold for.” Or, “Claudia took her expensive sunglasses off and hid them in a crevice, never to be found again…” or “Xavier, the owner, offers me a beer.”

Yet other comments are more reflective: “They say Mike Diffenderfer used to surf the wave off the island. I would.” Or, “small surf can change on the tide—got it on the high a few days later—surprisingly good sometimes,” or “…No one out yet, just me with a few birds…” The cumulative effect changes the art and renders it more personal. Reading the small writing beneath the composition requires moving closer to the work, which the artist hopes will evoke the experience of feeling connected to the seascape and help viewers experience the artwork more intensely. These effects are of a piece with Mr. Solomon’s intentions.

“The paintings are deceptively simple,” he said. “They are memories of a specific time and place. The diaristic aspect is my way of bringing people closer to experiencing the ocean and the day the way that I did.”

Viewing a painting from close range also creates the sensation of “seeing” the view that lies beyond the 
parameters of the painting, Mr. Solomon explained.

“How we look at these paintings is important,” he said. “It’s not just what’s in the painting and what we see there. The work is about how we look at something.”

There’s no doubt the series of watercolor paintings is personal. The diaristic entries are part of it—but so are seascapes painted so that the emotional resonance of his experience radiates from the multi-layered composition.

The watercolor paintings take center stage in two manifestations. A series of 12 paintings is currently being shown in a solo show at John McWhinnie @ Glenn Horowitz Bookseller at 36 Newtown Lane in East Hampton. And 36 paintings are the substance of Mr. Solomon’s new book, “Meterological Watercolors,” with the title a nod to the weather and water notations that accompany each painting.

The 80-page book is self-created and will be available through the publisher, Blurb.com, in December, for $60. A foreword was written by Alicia G. Longwell, chief curator at the Parrish Art Museum. Signed copies are available now at Glenn Horowitz Bookseller, 87 Newtown Lane, East Hampton, for $75, and copies are also available through the artist’s website, www.mikesolomon.com.

The book contains artwork made from 1999 to August 2008, printed in chronological order. The paintings occupy the right-hand page with the text set on the opposite page. The foreword is the only introduction and explanation for the artwork. Some of the art is already part of collections held by private individuals or museums.

Watercolors are not Mr. Solomon’s primary method of expression. He is known more for abstract expressionist paintings and minimalist sculptures. His subject matter is often inspired by waves and the ocean, reflecting his lifelong love of surfing and the sea. He decided to create a series of watercolor paintings after uncovering a sketchbook from his 20s when he lived and surfed on the California coast.

Like the current series of paintings, his notebook artwork was rendered in watercolors while on site. After examining the combination of words and images, Mr. Solomon decided there was something that still spoke to him in the work. So he set out to create a new series of paintings.

Most of the compositions are painted on site. The painting is then developed and completed in his studio using multiple layers of watercolors. Sometimes the views are local; other times they capture foreign locales. The local site names were changed to protect beloved surfing spots.

Mr. Solomon’s aim is to conjure the mood and experience of watching a specific stretch of ocean at a specific time while gauging the surf conditions. Sometimes the mood is based on a two-hour span; other times a full day of observation is synthesized.

“It’s not a photograph,” Mr. Solomon said. “It’s not an exact replica—it’s a painting. I’m capturing a memory of that moment and that particular place.”

The exhibition, “Mike Solomon/Meteorological Watercolors,” remains on view through November 29 at John McWhinnie @ Glenn Horowitz Bookseller, 36 Newtown Lane, East Hampton. The gallery is open weekends. For information, call 324-5561 or visit Johnmcwhinne.com .

Further information on Mr. Solomon’s art can be found at www.mikesolomon.com. He is represented by Salomon Contemporary (no relation). The book can be ordered in December through blurb.com.

Have You Seen Our Hourly Weather Graphs?

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hourly weather graph example


MARITIME NOTE

PhilNaRe's profit falls after paying for marine accident claims

MANILA, Philippines - The National Reinsurance Corp. of the Philippines (PhilNaRe) said profit fell by more than half as it paid claims to beneficiaries of marine accident victims, including those in the Princess of the Stars tragedy.

Net income for the third quarter of 2008 plunged 52 percent to P45.8 million from P95.6 million during the same period last year, the company said in a disclosure to the Philippine Stock Exchange (PSE).

Claims and losses from July to September reached P236.2 million, 73.4 percent more than last year’s P136.2 million, said PhilNaRe, which helps other firms share their insurance risks.

“Claims incurred in the current quarter include large marine losses including, among others, Princess of the Stars, Sea Bass Carriers, and Oceanic Container Line," the company said.

However, the company earned from foreign currency gains as its investments and other income reached P119.4 million during the three-month period, higher than the P82.1 million reported from July to September last year.

During the period, expenses climbed to P43 million, 45.67 percent more than the P30 million it spent last year. The company hiked employee benefits and salaries and paid taxes, licenses, and professional fees.

Earnings for the first nine months declined due to the fall in underwriting and investment income.

“Net income for the first three quarters was P238 million, P179 million or 43 percent lower than last year’s performance," the company said.

Meanwhile, expenses for the nine-month period went up by 37.5 percent to P123.6 million as against last year’s P89.9 million.

On the other hand, investment and other income declined by 6.6 percent to P350.4 million in the first nine months of 2007, the company said.

“The decline was largely due to the absence of trading opportunities during the period owing to the steep drop in the Philippine stock market," the company said. “Higher interest rates also negatively affected the valuation of the company’s investment portfolio, which is concentrated largely in fixed-income investments." - GMANews.TV

RS