Philly Shipyard ASA: Q4 2020 Results
Enclosed please find the Q4 2020 unaudited condensed financial report.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Attachment
Britain's Prince Charles paid tribute to the courage shown throughout the Commonwealth in response to coronavirus in a broadcast that will air on Sunday, hours before Prince Harry and Meghan talk about stepping down from royal duties on U.S. television. The prince was joined by other royals, including his elder son and heir Prince William, in talking about the impact of COVID-19 in messages recorded for a programme marking Commonwealth Day dedicated to the countries, mainly from the former British empire, that maintain links with Britain. "The coronavirus pandemic has affected every country of the Commonwealth, cruelly robbing countless people of their lives and livelihoods, disrupting our societies and denying us the human connections which we so dearly cherish," Charles said in the message.
Football games are taking place behind closed doors with no fans in the stadium.
ABC’s Shark Tank continues its Friday night ratings roll, as Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and Daymond John brought in a solid 0.7 to lead the Friday night demo wars. In this episode, the Sharks considered the pitches from a Philadelphia chef’s plan for healthier meals, a Delaware woman’s stress-relief tools, an […]
Where have all the bands gone? Well, Adam Levine is in one himself. The Maroon 5 singer ruffled feathers with comments about the decline of groups, but going it alone is easier and cheaper
Thousands of Indian farmers blocked a massive expressway on the edges of New Delhi on Saturday to mark the 100th day of protests against agricultural laws that they say will devastate their income. Farmers stood on tractors and waved colorful flags while their leaders chanted slogans via a loudspeaker atop a makeshift stage. Thousands of them have hunkered down outside New Delhi’s borders since late November to voice their anger against three laws passed by Parliament last year. Prime Minister Narendra Modi’s government says the laws are necessary to modernize agriculture, but farmers say they will leave them poorer and at the mercy of big corporations.Samyukta Kisan Morcha, or Joint Farmers’ Front, said the blockade would last five hours. “It is not our hobby to block roads, but the government is not listening to us. What can we do?” said Satnam Singh, a member of the group. The farmers have remained undeterred even after violence erupted on Jan. 26 during clashes with police that left one protester dead and hundreds injured. But they could soon run into problems. For 100 days, Karnal Singh has lived inside the back of a trailer along a vast stretch of arterial highway that connects India’s north with New Delhi. He camped outside the capital when it was under the grip of winter and smog. Now the city is bracing for scorching summer temperatures that can hit 45 degrees Celsius (113 Fahrenheit).But Singh, like many other farmers, is unfazed and plans to stay until the laws are completely withdrawn.“We are not going anywhere and will fight till the end,” Singh, 60, said Friday, as he sat cross-legged inside a makeshift shelter in the back of his truck. The mood at the Singhu border, one of the protest sites, was boisterous on Friday, with many farmers settling into their surroundings for the long haul. Huge soup kitchens that feed thousands daily were still running. Farmers thronged both sides of the highway and hundreds of trucks have been turned into rooms, fitted with water coolers in preparation for the summer. Electric fans and air conditioners are also being installed in some trailers.Farmers say the protests will spread across the country soon. The government, however, is hoping many of them will return home once India’s major harvesting season begins at the end of the month.Karanbir Singh dismissed such concerns. He said their community, including friends and neighbors back in the villages, would tend to farms while he and others carried on with the protests.“We’ll help each other to make sure no farm goes unharvested,” Singh said.But not all farmers are against the laws. Pawan Kumar, a fruit and vegetable grower and ardent Modi supporter, said he was ready to give them a chance. “If they (the laws) turn out to not benefit us, then we will protest again,” he said. "We will jam roads, and make that protest even bigger. Then more common people, even workers, will join. But if they turn out to be beneficial for us, we will keep them.”Multiple rounds of talks between the government and farmers have failed to end the stalemate. The farmers have rejected an offer from the government to put the laws on hold for 18 months, saying they want a complete repeal. The legislation is not clear on whether the government will continue to guarantee prices for certain essential crops — a system that was introduced in the 1960s to help India shore up its food reserves and prevent shortages.Farmers also fear that the legislation signals the government is moving away from a system in which an overwhelming majority of farmers sell only to government-sanctioned marketplaces. They worry that will leave them at the mercy of corporations that will have no legal obligation to pay them the guaranteed price anymore.(AP)
Leah Millis/ReutersThe number-one item on Democrats’ agenda this year—a sweeping coronavirus relief package—has cleared its biggest hurdle on the way to becoming law: the evenly-divided U.S. Senate.On Saturday afternoon, the Senate passed the $1.9 trillion bill on a strictly party-line vote: All 50 Democrats voted in favor of the bill and all 49 Republicans opposed it, but Sen. Dan Sullivan (R-AK) was absent for the vote, sparing Vice President Kamala Harris from having to break a tie.The process wasn’t meant to be easy, but the bill’s journey to passage was downright shambolic, even by congressional standards. The Senate was in session for over 24 hours, voting, debating, and considering amendments to the mammoth legislation. Much of the delay stemmed from one member, centrist Sen. Joe Manchin (D-WV), whose reservations about the bill’s unemployment benefits unexpectedly froze the floor for nearly 12 hours on Friday as Democratic leadership and the White House frantically worked him to support the latest deal.Biden and Dems Play Good Cop-Bad Cop on COVID ReliefManchin ultimately got on board with the party’s preferred amendment to the unemployment plan, which reduces monthly jobless benefits to $300 but extends them an additional month. However, he also supported a GOP plan to keep benefits at $400 but cut them off in June—an amendment that passed but will be superseded by the Democratic plan, aides said.From midnight until noon on Saturday, the Republicans called votes on a lengthy string of amendments to the bill, nearly all of which failed but were largely intended to put political pressure on Democrats.Sen. Tommy Tuberville (R-AL), for example, introduced an amendment that would have denied federal funding to any colleges and K-12 schools that allowed transgender girls to play on girls sports teams—an issue that took on increased significance for Republicans last month after Biden signed an executive order directing colleges to allow transgender girls to play. The amendment ultimately failed 50-49, with Manchin breaking with his party to vote in favor and Sen. Lisa Murkowski (R-AK) breaking with hers to vote against it.Shortly thereafter, Republicans tried and failed to insert another amendment that would have barred COVID relief money from funding elective abortions and insurance plans that cover them. They also used the amendment-fest to needle Democrats on immigration, forcing a vote to deny stimulus checks to undocumented immigrants.Amid the slog, Senate Democrats projected sunshine and positivity for legislation they believe is badly needed and also widely popular with the public, despite the lack of GOP support.“We’ve been successful all night, for 12 hours or so, in beating back all kinds of culture warfare issues, all kinds of issues that take money from pockets of low income people, all kinds of issues that they’re taking that are weakening this bill,” said Sen. Sherrod Brown (D-OH) on MSNBC Saturday morning. “This is the biggest thing that most of us have ever been involved in… I don’t remember being this excited about this job.”The so-called American Rescue Plan still faces more hurdles on its way to President Biden’s desk, however, and the legislative drama may not be finished yet. The Democratic-controlled U.S. House passed its version of the relief bill last week, and it has much in common with the Senate’s legislation: both offer hundreds of billions of dollars to speed vaccine rollout, prop up the finances of state and local governments, and to throw struggling people a financial lifeline with direct checks and unemployment benefits.But the Senate bill is different in a few important ways, which means that the House will have to vote again to approve those changes before the legislation can be sent to Biden. The House bill kept unemployment benefits at $400, and it also lacked the tightened eligibility requirements for receiving $1,400 stimulus checks that came about after a Senate-White House deal. That change puts roughly 12 million fewer people in line for the benefits.Notably, the Senate’s bill lacks a key House provision to raise the federal minimum wage to $15, after the Senate’s nonpartisan rules enforcer advised that it didn’t comply with the specific rules for fast-tracking legislation that Democrats are using to help speed the bill to Biden’s desk.Democrats want Biden’s signature on the bill to be dry before March 14, when current pandemic unemployment benefits expire for millions of Americans. House progressives, who fought for a $15 wage and expansive benefits, have been inclined to back whatever the Senate sends them—but some found their limits tested by the power play from Manchin and moderates.Commenting on the changes from the House bill, Rep. Bonnie Watson Coleman (D-NJ) asked on Twitter, “What are we doing here? I'm frankly disgusted with some of my colleagues and question whether I can support this bill.”Internal Democratic bargaining wasn’t the only reason that the de facto March 14 deadline is closer than many Democrats would like. Staunch Republican opposition has slowed it down: On Thursday, Sen. Ron Johnson (R-WI) forced the Senate’s clerks to read every word of the nearly 700-page bill aloud on the floor—an exercise in raw obstructionism that delayed the chamber’s consideration of the bill by over 10 hours.While past iterations of COVID relief have been largely bipartisan, Republicans have coalesced around opposing Biden’s first major legislative effort on the grounds it is too pricey, not targeted enough to the neediest people, and full of so-called “blue state bailouts” to local governments, although many Republican-run jurisdictions would receive relief funds.Shortly before the voting spree, Senate Minority Leader Mitch McConnell (R-KY) put the onus on Democrats for breaking the “bipartisan streak” of pandemic relief. “They are dead-set on ramming through an ideological spending spree packed with non-COVID-related policies,” he charged.Democrats explained away their lack of GOP support by frequently citing public opinion polling showing that a bipartisan majority of Americans backed their plan. A Morning Consult/POLITICO poll from Wednesday found that 77 percent of all voters backed the plan and over half of GOP voters backed it, even when it was labeled as a Democratic proposal.A triumphant Majority Leader Chuck Schumer (D-NY) said shortly before Saturday’s vote that “this bill will deliver more help to more people than anything the federal government has done in decades."“A new day has come and we tell the American people: help is on the way,” said Schumer. “Help is on the way.”—with additional reporting by Emily ShugermanRead more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Senate passes $1.9tn coronavirus relief bill, overcoming Republican opposition. Pelosi has said measure should be law by 14 March, when tens of millions of Americans risk losing unemployment benefits
YFDAI Finance, a permissionless decentralized finance (DeFi) ecosystem, has officially announced that ImpulseVen will conduct their Initial Launchpad Offering on YFDAI LaunchPad next week.
The American Rescue Plan includes $1,400 direct payments, $300 weekly unemployment benefits until September and hundreds of billions of dollars in aid.
The legislation will now move to the House for approval before reaching President Biden’s desk.
Moderna announces supply agreement to provide 13 million doses of COVID-19 Vaccine Moderna to the Philippines.
Follow all the latest from the West Midlands derby at Villa Park
Health Secretary Matt Hancock has argued the 1% rise recommended is ‘what is affordable’ in the face of challenging public finances.
Nazanin's husband still unsure if she will be released on Sunday. Richard Ratcliffe said it would be a ‘watershed moment’ if his wife were not released when her sentence ends
There was a heavy police presence in Cork on Saturday afternoon after violent scenes at a protest in Dublin last weekend.
A new book – which has sparked some controversy – offers valuable insight into operations in Iraq and Afghanistan
Last month Boris Johnson made his long-awaited speech to Parliament and announced a number of key dates for reopening Britain. The Government has always said that reopening schools would be the priority when lockdown is eased, with Monday previously set as the target date. According to a statement from the National Education Union, a full return would mean 10 million pupils and staff travelling to and from school each day.
As Rishi Sunak announces Darlington will become home to a new Treasury campus, Colin Drury hears what locals have to say
Pakistani security forces say they raided militant hideouts in two different operations in former Taliban strongholds in North Waziristan Saturday, killing eight Islamic militants. In a statement, the military said the two intelligence-based operations in Boya and Dosali areas killed three commanders of the Pakistani Taliban, in an exchange of fire with security forces. The military said the slain local Taliban commanders were involved in militant activities against security forces and civilians.
One Liverpool fan believes he knows the reason behind his club's disastrous title defence: the colour of the Anfield seat coverings. Defeat to Chelsea on Thursday was Liverpool's fifth in a row at Anfield, the club's worst run in their 129-year history. A haul of just 12 points from the last 39 available has seen their title defence go up in smoke and left the players fighting for a top-four finish.