The More The Merrier

first_img11newbuildings on order There are eleven more newbuildings on order which will bring the fleet to a total of 47 ships.The first half of this year saw the delivery of Epic St. Croix, a 5,000cbm LPG carrier, from Sasaki Shipyard in April, followed by Epic Bird (7,200cbm), Epic Curacao (3,500cbm), and order of two second hand carriers Mayfair (2007 built) and Charlton (2006 built) in June.In July 2014, Epic Gas concluded long-term inward bareboat charter contracts with the Siva Group for two 7,200cbm fully-pressurised gas carriers, 2010 built.In August 2014, Epic Gas took delivery of Epic Caledonia, a 3,500cbm LPG carrier, from Kitanihon Shipbuilding Co. According to the second quarter results, Epic Gas achieved fleet operational utilisation of 94.9%.Highlights – Second Quarter 2014Total Revenues of $27.4 millionAdjusted EBITDA of $6.5 millionAverage time charter equivalent revenues of $8,688 per day, or $264,260 per monthFirst Six Months 2014 ResultsRevenues for the six months ended June 30, 2014 amounted to $50.7 million compared to revenues of $38.1 million for the six months ended June 30, 2013 and include revenues from ship management of $1.1 million ($0.9 million in 1H2013).The increase was mainly due to additional voyage days (increase by 24.9% compared to 1H2013). The average time charter equivalent was $8,913 per day as compared to $8,666 per day during the six months ended June 30, 2013.Voyage expenses were $6.0 million for the six months ended June 30, 2014, a rise from $3.3 million during the same period in 2013 due to increased spot market days.Vessel operating expenses increased to $26.0 million from $21.3 million for the six months ended June 30, 2013, primarily reflecting the increased number of vessels in the fleet with 5,008 calendar days compared to 3,982 calendar days for the equivalent period in 2013.Operating expenses include charter-in costs of $4.9 million related to eight bareboat chartered-in ships ($4.2 million related to six bareboat chartered-in ships in 1H2013).Press Release, August 21, 2014 zoom Epic Gas Fleet Addition MayfairSingapore-based gas carrier owner Epic Gas has expanded its fleet of 25 ships reported in January 2014 to 36 ships as of August 20, 2014, according to the company’s unaudited financial and operating results for the second quarter ended June 30, 2014.last_img read more

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Take 6 highlights busy week at Centre for the Arts

Take 6 — the most award-winning vocal group in history — will perform Friday, March 21 at 7:30 p.m. at the Sean O’Sullivan Theatre.Brock University’s Centre for the Arts will be busy this week with three shows at the Sean O’Sullivan Theatre.It starts Thursday, March 20 at 7:30 p.m. where De Temps Antan will perform time-honoured melodies from the stomping grounds of Quebec’s musical past.Through a variety of instruments, including blazing fiddle, brash accordion, exquisite guitar and pristine vocals, the ensemble marries virtuosic playing with the unmistakable joie de vivre found only in traditional music from La Belle Province.De Temps Antan began life as a small Québécois roots band within a much bigger one.Éric Beaudry, André Brunet and Pierre-Luc Dupuis first got together as a trio while playing and touring as members of the Quebec supergroup, La Bottine Souriante.Take 6 — the most award-winning vocal group in history — will perform Friday, March 21 at 7:30 p.m.With 10 Grammy Awards, 10 Dove Awards, a Soul Train Award and many more accolades, Take 6 is the quintessential a cappella group and model for vocal genius.Six virtuosic voices united in crystal clear harmony, against a backdrop of syncopated rhythms, innovative arrangements, and funky grooves that bubble into an intoxicating brew of gospel, jazz, R&B and pop.With praise from such luminaries as Ray Charles, Stevie Wonder, Brian Wilson, Ella Fitzgerald and Whitney Houston, the multi-platinum selling sextet has toured across the globe, collaborated across genres, and is recognized as the pre-eminent a cappella group in the world.Award-winning jazz vocalist, pianist and songwriter Laila Biali will perform Saturday, March 22 at 7:30 p.m.Biali, who combines pop, rock and soul, all infused with a bit of jazz, has toured with Suzanne Vega, Chris Botti and Paula Cole and recorded with and supported Sting.Biali’s music has been presented at prestigious venues spanning four continents including the North Sea Jazz Festival, Tokyo’s Cotton Club, Peru’s El Festival Internacional de Lima, and Carnegie Hall in New York City.George Koller will join Biali on bass and Davide DiRenzo on drums.Discounted tickets are available for college, university and high school students.To purchase tickets, contact the box office at 905-688-5550 x3257, long distance toll free 1-866-617-3257 or visit online.The Sean O’Sullivan Theatre lobby and box office is open Monday to Friday, 11 a.m. to 6 p.m., and Saturday, 10 a.m. to 2 p.m. read more

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