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The agreement was signed by Konstantinos Xifaras, Chief Executive Officer of DEPA, and Andrew McDowell, EIB Vice-President, in the presence of the President of the Board of Directors of DEPA, Ioannis Papadopoulos, who said: Sea News, February 3 “The new financing from the EIB, the largest investment arm of Europe, is yet one more vote of confidence to the growth prospects of the Greek economy and confirms the significant improvement of the investment climate. It comes in support of a crucial investment in the area of natural gas, which is at the centre of global developments, and contributes to the transformation of Greece into a regional hub.” Author: Baibhav Mishra Furthermore, this is a “green” investment, which paves the way for “cleaner” and more competitive maritime transport in the eastern Mediterranean, contributing to the reduction of the country’s environmental footprint, in accordance with the ambitious targets set by the new National Plan for Energy and Climate.” With a capacity of 3,000 cubic metres of LNG, the vessel, which is the first of its kind in Greece and the Eastern Mediterranean, will be supplied with LNG at Revithoussa LNG terminal and will refuel ships both in Piraeus and other ports in Greece and the wider region, supporting the shift towards green shipping with more environmentally friendly fuels, in line with the new more stringent international regulations. Following the signature of the agreement, Xifaras said: The loan is guaranteed by the European Fund for Strategic Investments (EFSI / Juncker Plan) and will cover 50% of the vessel’s construction cost. For the construction of the vessel DEPA has secured an additional amount of EUR 8.9 million from the European Union under the European Action entitled “BlueHUBS”, which is coordinated by DEPA and aims at expanding the use of LNG in maritime transport in the eastern Mediterranean. Konstantinos Xifaras, CEO-DEPA, Andrew McDowell, Vice President-EIB, Ioannis Papadopoulos, BoD Chairman-DEPA (Image Courtesy: DEPA) Public Gas Corporation of Greece SA (DEPA) and the European Investment Bank (EIB) signed an agreement to finance with up to EUR 20 million the construction of a new LNG bunkering vessel for maritime use in Greece, which will be based in Piraeus. Through targeted investments, such as this one, as well as through multilevel international collaborations, DEPA supports the transition of both big ports and ships in the region to the LNG era, contributing to the protection of the environment and improving the competitiveness of Greek shipping and the ports of our country.” “The European Investment Bank is pleased to work with DEPA to support our shared goals of enabling Green Shipping in Greek and international waters. The new EIB financed vessel will provide an alternative fuel for ships in the Aegean and Eastern Mediterranean.” McDowell, European Investment Bank Vice President, said: “The new vessel will serve the supply needs not only of Piraeus but also of other Greek ports and it represents one more decisive step in DEPA’s efforts to expand the use of LNG in maritime transport in the eastern Mediterranean, thus creating an integrated and efficient LNG supply chain.
Mayor John Tory said the team owner and the city only had “three days” to prepare for the parade. Tory said the city’s manager will work with police and the city’s sports teams to review the parade to see how they can improve on it.Sports Related Videospowered by AdSparcRead Next Taal evacuees make the most of ‘unusual’ clothing donations, leaves online users laughing Deandre Ayton shines as Suns pound Knicks View comments LATEST STORIES Steaming fissures on Taal Volcano Island spotted Toronto Police secure the scene where shots were fired during the Toronto Raptors NBA basketball championship parade in Toronto, Monday, June 17, 2019. (Andrew Lahodynskyj/The Canadian Press via AP)TORONTO — Police are looking for a fourth person and haven’t recovered the gun involved in a shooting at a rally for the NBA champion Raptors that wounded four people and sent thousands fleeing, authorities said Tuesday.Toronto Police Chief Marc Saunders said they are looking for a male who was wearing a white button down T-shirt at Monday’s shooting at city hall square, less than a block from where the players and Prime Minister Justin Trudeau sat on stage.ADVERTISEMENT MOST READ Solon urges Solgen to reconsider quo warranto petition vs ABS-CBN Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Police arrested three people who are now facing firearm charges, but the shell casings at the scene didn’t match two guns seized. Shaquille Anthony Miller, 25, Abdikarim Kerow, 18, and Thaino Toussaint, 20 have been charged and made brief bail hearing appearances on Monday.Droves of Raptors fans stampeded from the site. Those wounded by the gunshots didn’t suffer life-threatening injuries.FEATURED STORIESSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissSPORTSCoronation night?SPORTSThirdy Ravena gets offers from Asia, Australian ball clubsInvestigators did not discuss a possible motive.Hordes of fans jammed downtown Toronto for Monday’s parade, raising concerns about safety, lack of proper barriers and overcrowding as the city celebrated its first major sports title in more than a quarter-century. The parade ran three hours behind schedule as the team’s double-decker buses had trouble getting through the throngs. Police: California school shooting took 16 seconds PLAY LIST 01:42Police: California school shooting took 16 seconds01:56PNP demonstrates proper disposal of confiscated firecrackers00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award03:05Malakanyang bilib sa Phivolcs | Chona Yu01:26Homes destroyed after Taal Volcano eruption Don’t miss out on the latest news and information. 11 nabbed for shabu, drug den busted in Maguindanao Olympic rings arrive in host city on barge into Tokyo Bay Rio’s unsafe Olympic Park ordered closed by Brazilian judge Phivolcs: Slim probability of Taal Volcano caldera eruption Celtics’ Al Horford to be unrestricted free agent