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Zim cancels order at Samsung Heavy Industries

2013-03-21 01:00:00| Ship Technology

Israeli cargo shipping line Zim Integrated Shipping Services has reached an agreement with South Korean shipbuilder Samsung Heavy Industries (SHI) to cancel five newbuildings worth KRW948.1bn ($849m).

Tags: order heavy samsung industries

 

Czech Republic cancels mobile auction after bids go too high

2013-03-11 09:13:00| Telecompaper Headlines

(Telecompaper) Czech regulator CTU canceled the auction of frequencies in the 800, 1,800 and 2,600 MHz bands, after bids became too inflated. The last bids for the spectrum exceeded CZK 20 billion and were still growing. The CTU said the main objective of the auction is supporting LTE and the eventual entry of a fourth operator on the market, not income to the state budget. The current level of bids is not feasible and would lead to a dramatic and overall price increase for new 4G services and a significant delay in deployment of LTE networks, the regulator said. CTU prepared the auction terms in line with other EU auctions and with the consulting company Grant Thornton. CTU decided to cancel the auction based on a continuous monitoring of the auction and evaluation of experience in countries which completed auctions. For example, in the Netherlands, the auction late last year resulted in prices several times more than original estimates. Such auction results were also criticized by the EU commissioner Neelie Kroes. Participants in such auctions often face problems securing a return on the cost of the licences, which impacts investments and prices for end-users. CTU is currently reviewing the auction conditions. The cancelled auction was launched on 12 July 2012, and the participants were Vodafone Czech Republic, T-Mobile Czech Republic, Telefonica Czech Republic, and PPF Mobile Services (private equity fund of Petr Kellner).

Tags: high too mobile republic

 
 

Canada: Alberta cancels funding for carbon capture project

2013-02-25 20:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: For the second time in less than a year a key carbon capture and storage project in Alberta has been hit with a major setback, denting the province's efforts to combat carbon emissions. The Alberta government cancelled its $285-million funding of the CCS project associated with the proposed Swan Hills Synfuels LP synthetic gas plant north of Edmonton. The plant, which is to turn underground coal into synthetic natural gas, was supposed to include a government-supported carbon capture component...

Tags: canada project funding capture

 

ANA cancels more Dreamliner flights

2013-02-25 08:56:04| BBC News | Business | UK Edition

Japan's All Nippon Airways (ANA) cancels all Boeing 787 Dreamliner flights until at least the end of May, in the latest blow to Boeing.

Tags: ana flights cancels dreamliner

 

Telecom NZ cancels 60k Yahoo Xtra passwords amid attack

2013-02-18 04:04:30| Telecom - Topix.net

Telecom New Zealand has started cancelling the passwords of about 60,000 Yahoo Xtra email accounts that it believes have been compromised following an online attack.

Tags: yahoo attack telecom amid

 

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