New Orleans is about to have a heavy dose of lights, as famed DJ Pretty Lights has just announced a two-night New Year’s run with his funky live band. With Brian Coogan, Borahm Lee, Chris Karns and Alvin Ford, Jr. meshing beautifully as the PL Live Band, there’s no limit to this group’s musical potential.The shows will take place from December 30-31, and will be held at the famed Mardi Gras World Ballroom in New Orleans, LA. Ticket information can be found here.[Photo by Visual Suplex Media And Design]
Offshore shipbuilder Vard has found a buyer for a diving support and construction vessel (DSCV) previously ordered by the now bankrupt subsea operator Harkand Group. VARD 3 03; Source: VardVard informed last Friday it had signed a sales and purchase agreement (SPA) for the sale of diving support and construction vessel previously contracted by Harkand Group. The SPA was signed with an undisclosed international customer, Vard said.The original contract with Harkand had been announced on December 30, 2013, followed by an announcement in May 2016 when the company was notified that Harkand had entered into administration. Vard has now cancelled the original contract with Harkand’s administration to facilitate entering into the new agreement.Vard explained that the sale of the vessel will allow it to reduce the capital employed by eliminating a vessel from its inventory and reduce its liabilities by reimbursing the related construction loan with a direct benefit from lower financial charges going forward.As an additional consequence of the reimbursement of the construction loan, the company will benefit from the release of the cash posted as collateral in favor of the lending bank with a correspondent positive impact on the liquidity position of the company.The vessel is of a VARD 3 03 design, specially designed and equipped for diving and subsea operation duties. The vessel is outfitted with a 250 ton offshore crane and a twin bell 18 man saturation diving system, supporting split level diving operations to a maximum diving depth of 300 meters.Delivery is scheduled from Vard Søviknes in 1Q 2019, and the vessel will in the meantime be finalized, tested and prepared for operations.
Share This StoryFacebookTwitteremailPrintLinkedinRedditATLANTA (AP) — Dustin Johnson wins the Tour Championship to claim the FedEx Cup and its $15 million prize. September 7, 2020 Associated Press Dustin Johnson wins the Tour Championship to claim the FedEx Cup and its $15 million prize