RETRO LIVING: This old-west cabin could become a very unique weekend getaway spot.AN OLD-WEST style cabin in the woods in a remote location in North Queensland was snapped up by some city slickers at auction.The one-bedroom wood cabin in Hazledean created a lot of interest around Queensland due to its remote location and the building style that looked straight out of the 1800s.According to Hayley Van De Ven from Re/Max Results, four active bidders came to the on-site auction on Saturday morning. HISTORIC BRISSY HOME PASSED IN AT AUCTION Take a step back in time.The couple ended up winning the auction with a $100,000 bid, which was $30,000 above the reserve.“They have got quite a few cool plans for it,” she said.“Their intention is to make it like a Hazledean Hideaway.”The two hectare property has a dam (with fish and yabbies) and the one-bedroom cabin electricity, a fireplace and tank water. RICH SUBURBS SHUN GREEN POWER Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 7:28Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:28 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels576p576p480p480p256p256p228p228pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenPrestige property with Liz Tilley07:29 Lots of retro charm.More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoThe winning bidders, a professional Brisbane couple, had seen photos of the unique home on realestate.com.au but had never actually set foot on the property, which is about 40 minutes outside of Mackay, until the day of the auction. AFL STAR SELLS GOLD COAST HOME
PROPERTY valuation and advisory firm, Herron Todd White, has compiled a list of must-do investor resolutions to ensure a financially healthy 2019. Angeline Mann, director at Herron Todd White, said now is the time to establish practises that will ensure a great outcome over the year. ■ Do your budget: Investors set to gain the most in 2019 will have healthy balance sheets, according to Ms Mann.“The tough finance environment that plagued borrowers in the second half of 2018 looks set to continue over the medium term – particularly with the banking Royal Commission findings due in February.“Now is the time to get your financial affairs in order so you can put forward a strong case to the lenders when a prospect to buy arises.” ■ Check your leases: Ms Mann says smart landlords study their existing lease details well before they’re due to be renewed. “Don’t wait to the last minute – know when your leases are due for renewal and understand the process. Being ill-prepared creates pressure and will have you making bad decisions. ■ Collect sales and rentals information: Being informed about markets helps investors spot opportunities quickly, Ms Mann said.“There’s no substitute for studying actual, completed sales or rentals in a suburb across a three-to-six-month period in order to paint a picture of a market’s direction. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“If you have selected a location, start putting together a file of properties that have sold and/or leased in your price point straight away. “This will educate you on what the market is doing and provide accurate evidence as to what you should pay for an investment property so you can secure it quickly. “Keeping a record of transactions is invaluable, and a file compiled over a minimum three to six months is absolutely essential.” ■ Revisit your investment goals: January is definitely a time to think about why you invest and how your strategy is playing out,” Ms Mann said. “Retirement plans based on a property portfolio will involve some element of timing the market.” Ms Mann said clever investors would be revisiting their strategy in January ■ Contact your advisers: Ms Mann said venturing into markets without having knowledgeable, independent professionals on your side can be risky.“Now is the time to ensure you have a solicitor, accountant and other professional advisers on hand and aligned with your ambitions for the year.”
23 Skywatch Circuit, Reedy Creek. 23 Skywatch Circuit, Reedy Creek. 23 Skywatch Circuit, Reedy Creek. 23 Skywatch Circuit, Reedy Creek.It wasn’t uncommon for properties in the suburb to fetch more than $1 million but Mr Willatt said they often had multiple levels and sweeping views of the Gold Coast.He noticed demand for single level homes in the area had surged recently.“I think people are over the bigger homes,” he said.Mr Willatt said it was for this reason the property at 23 Skywatch Circuit had attracted strong interest from the moment it hit the market in early December.“We came on the market two weeks before Christmas,” he said.“We generated quite a lot of interest even in the Christmas period.”MORE NEWS: Big sales push suburbs into Coast’s elite million-dollar club More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMORE NEWS: The mansion dreams are made of 23 Skywatch Circuit, Reedy Creek. 23 Skywatch Circuit, Reedy Creek. 23 Skywatch Circuit, Reedy Creek.THE million-dollar sale of a Reedy Creek house has broken multiple suburb records, setting the bar high for future sales in the area. The Skywatch Circuit property is the first on its street to break the million-dollar threshold after fetching $1.075 million last week.Ray White Robina agent Josh Willatt, who marketed the property, said it was also the highest price ever paid for a single level home in Reedy Creek. He said a mix of local and interstate buyers from young couples to retirees were interested in the property.“(One) flew from Sydney for the day just to see that property,” he said.“I had five written offers throughout the campaign.”There were three main contenders vying for the property.Local buyers who had sold their home in the area weeks earlier were the ones who snapped it up. 23 Skywatch Circuit, Reedy Creek.“They actually came through in week one then went overseas for a holiday for six weeks,” Mr Willatt said. The home, which was built in 2013, is on a 709sq m block and has four bedrooms and two bathrooms. It has an open floorplan that flows seamlessly outside onto an alfresco area.Neutral tones, hardwood timber floors and floor-to-ceiling windows are featured throughout while modern fixtures and fittings give it a contemporary edge.A salt-water swimming pool, media room with surround sound and stone display walls inside and out are among its standout features.Mr Willatt said the seller designed and built the home to suit her style but her attention to its finer details was what appealed to house hunters most.“The attention to detail is really what drew the buyers,” he said.According to property records, the highest sale on Skywatch Circuit was previously set by the house at no. 15 when it sold for $915,000 in December 2017. CoreLogic data showed the median house price in Reedy Creek was $789,500.It had increased five per cent in the past year, 18.6 per cent in the past three years and 30 per cent in the past five years. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51
South Korean shipbuilder Hyundai Heavy Industries (HHI) has won a contract from Zodiac Group Monaco to build four containerships.The shipbuilding major said the contract was worth KRW 436.8 billion (USD 407 million).The four container carriers are scheduled for delivery by July 2020. Further details of the order were not disclosed.HHI’s announcement comes as a confirmation of the broker reports from early April. The previous reports, however, linked the shipowner to an order for five ultra-large containerships featuring 14,000 TEU.Zodiac Maritime already has five 11,000 TEU containerships on order at Hyundai, scheduled for completion in 2019.The five New Panamaxes were ordered in November last year and have fetched a price of USD 90 million each.Zodiac Maritime has 132 vessels in its live fleet, including 15 newbuildings.Hyundai had a strong year start with regard to order intake having secured orders for over 30 ships, the majority being gas carriers and large ore and container vessels.The shipbuilder plans to keep its focus on gas carrier market amid the anticipated growth of LNG and LPG volumes coupled with the U.S.’s aggressive energy exports policy and China’s eco-friendly energy consumption campaign.For 2018, the group is targeting an orderbook value of USD 13.2 billion, up from USD 9.9 billion from 2017.World Maritime News Staff
Van Oord’s offshore installation vessel Aeolus has went trough a major overhaul for the foundation installation project on the Norther offshore wind farm.The installation of the first of a total of 45 foundations marks the start of the Norther offshore wind farm project.The wind farm will be located 23 kilometers from the Belgian port of Zeebrugge and will have a total capacity of 370 MW.As main contractor, Van Oord is responsible for the engineering, procurement, delivery and installation of the 45 foundations for the wind turbines, the offshore high-voltage station and the entire electrical infrastructure, as well as for installing the wind turbines.In addition to the Aeolus, Van Oord will also be deploying its cable-laying vessel Nexus on the project in the next few months.Van Oord began deploying the Aeolus on offshore wind projects in 2014.To keep up with the changing offshore wind market, the vessel required a major upgrade, including boosting the vessel’s loading capacity, increasing the number of onboard accommodations to 99, widening the vessel, reinforcing the deck and adding a helideck.The spud poles – the vessel’s ‘feet’, as it were – have also been enlarged. According to Van Oord, the most critical modification was a new crane with a lifting capacity of 1,600 tonnes. That makes the Aeolus one of the biggest heavy-lift crane vessels in its class and ready to handle the latest generation of foundations and wind turbines.
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured an extension for 4D ocean bottom node (OBN) seismic monitoring surveys in the U.S. Gulf of Mexico.Gulf of Mexico; Photo by Earth on Unsplash (This photo was cropped)Fugro said on Thursday that Seabed Geosolutions recently started with the original workscope.The additional surveys will increase the total duration to around five months. The extension secures backlog continuity for the CASE Abyss ocean bottom node crew and the Hugin Explorer vessel.According to the company, the 4D OBN surveys cover multiple oil and gas fields located in the Gulf of Mexico.The original survey was ordered by an unnamed client, with a duration of around two months subject to the final scope of work. Fugro said at the time that the contract was supposed to start in the third quarter of 2018.Seabed Geosolutions is 60% owned by Fugro while the remaining 40% is owned by French geophysical services company CGG.
Bermuda-registered company Avenir LNG has collected USD 110 million through a private placement with Stolt-Nielsen Limited, Golar LNG Limited and Höegh LNG Holdings Limited.The private placement of 110 million new shares, at a par price of USD 1 per share, represents the first step in the capitalisation of Avenir.The placement was split in two tranches, with tranche A consisting of 99 million new shares that were subscribed for by Stolt-Nielsen (49.5 million shares), Golar LNG (24.75 million shares) and Höegh LNG (24.75 million shares). This tranche has closed.Tranche B consisted of 11 million new shares and was placed with a group of institutional and other professional investors on November 8. It was scheduled to close on November 13, 2018.Stolt-Nielsen will hold 45% of the shares, each of Golar LNG and Höegh LNG will hold 22.5% while the remainder will be initially held by the subscribers in tranche B.The company’s shares will be listed on the N-OTC list with effect from November 14, 2018.At the beginning of October 2018, Stolt-Nielsen, Golar LNG and Höegh LNG announced a combined investment commitment of USD 182 million in Avenir LNG Ltd and a contemplated subsequent equity raise in the company.The parties explained that the investment would be contributed as cash and equity-in-kind and would partly fund the construction of four 7,500 cbm small-scale LNG carriers currently under construction at Keppel Singmarine in Nantong, China, two 20,000 cbm small-scale LNG carriers on order from Sinopacific Offshore Engineering in Nantong, China and 80% ownership in an LNG terminal and distribution facility under development in the Italian port of Oristano, Sardinia.
Hadaroy, Fjord 1’s first of the Havyard 936-design electric ferries, has entered service.On January 2, 2019, the newbuilding made its first voyage on the Sulesund-Hareid route. Two more ships are scheduled to be delivered for this route this winter.NB59 Hadaroy was launched at Cembre II shipyard in Turkey in June 2018. Following its completion, the ship was towed to Norway for fitting out.The 700 dwt ship is Havyard’s first of a series of 12 ferry designs for Fjord1. Featuring a length of 111 meters and a width of 17 meters, the ship is able to reach the speed of 10 knots.The ferry is able to carry around 400 passengers and 120 cars across the fjord in an efficient manner, and minimal energy consumption has been a key focus in the development of the design.Hadaroy is part of the green shift taking place in Norwegian ferry operations and is expected to make a strong contribution to improving the environment with its battery power.
Royal IHC has hit a milestone in the design and build of an integrated 550t reel lay system for Shanghai Salvage. It will be the first reel lay system in the Chinese market and moreover, it will be one of the largest and most sophisticated reel lay systems worldwide.Namely, this month, the tower and rigid pipe reel were loaded onto a barge in Penglai ready to be transported to Qingdao. The carousel for flexible pipe storage, the A&R winches and other underdeck equipment have already been delivered earlier this year.In 2020, the system will be installed on Shanghai Salvage new-build offshore construction vessel, followed by sea trials.Royal IHC announced the contract with Shanghai Salvage in November 2016.
Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the fourth quarter of 2019.The vessel activity also decreased on a full year basis from 87 percent in 2018 to 79 percent in 2019.Quarterly vessel utilization was at 71 percent compared to 96 percent in the fourth quarter of 2018.According to Polarcus’ update, on a contracted basis the vessel utilization dropped to 64 percent in Q4 2019 compared to 96 percent in Q4 2018, while on the full year basis the utilization decreased to 77 percent in 2019, compared to 82 percent in 2018.The multi-client basis has seen an increase to 7 percent in Q4 2019 from 0 percent in Q4 2018. On a full year basis the drop on multi-client basis was 3 percent, from 5 percent in 2018 to 2 percent in 2019.The percentage of the standby vessels was 5 percent in Q4 compared to 0 percent in Q4 2018.The company excluded Polarcus Nadia seismic vessel from vessel utilization numbers subsequent to cold-stacking in April 2015.