Costamare Partners Eyes Four Containerships

first_imgzoom Costamare Inc, an international owner and provider of containerships for charter, is going to sell four containerships to its Marshall Islands-based wholly owned subsidiary Costamare Partners LP (MLP), according to a registration statement issued today.The Registration Statement on Form F-1 has been issued with the Securities and Exchange Commission (SEC) for the initial public offering of common units representing limited partnership interests in MLP.The number of common units to be offered and the price range for the offering have not yet been finally determined.The company said that an application will be made to list the common units on the New York Stock Exchange under the symbol “CMRP”.The proceeds from the offering are said to be used to buy four ships, reduce indebtedness and for general partnership purposes.The vessels in question are reported to be 8,800-teu MSC Athos and MSC Athens, the 8,800-teu Value (built in 2013 each) and the 9,500-teu Cosco Beijing (built in 2006).Costamare was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, NASDAQ said.The firm currently has a USD 25.20 target price on the stock. Zacks‘s target price suggests a potential upside of 11.01% from the company’s current price.World Maritime News Staff, October 02, 2014; Image:Hamburg Hafenlast_img read more

Better Care Sooner Plan Helping Thousands

first_img the creation of a Physician Resource Plan to determine the right number of doctors needed for communities across the province starting an emergency department coverage program where a pool of available doctors help fill shifts in hospitals in rural Nova Scotia implementing the province’s first mental health and addictions strategy helping seniors in nursing homes avoid trips to the emergency department by launching the award-winning Extended Care Paramedic program, where skilled paramedics treat the elderly at home reducing ambulance fees for those living in long-term care to $50 and introducing the Ambulance Fee Assistance Program that waives the cost of the ambulance transport for low income Nova Scotians. increasing public awareness of 811 and 911 to relieve pressure on emergency rooms. Since April, 78,222 people received help – 9,200 a month – by calling the 811 nurse line to get self-directed care and advice from a registered nurse over the phone. In the coming year, more work will be done on implementing the Better Care Sooner plan. The Aberdeen Hospital in New Glasgow will soon begin a redevelopment of its emergency room based on revisions Dr. Ross recommended to better meet the needs of seniors. District Health Authorities will also begin implementing new emergency department standards. For more information on Better Care Sooner visit bettercaresooner.novascotia.ca Thousands of Nova Scotians are seeing health-care providers faster because of the province’s Better Care Sooner plan. Patients like Wanitta Gregory, of Young’s Cove, Annapolis Co., noticed significant improvements in the province’s health-care system because of this plan, including fewer emergency room closures with the opening of six new Collaborative Emergency Centres (CECs). “What a difference,” said Ms. Gregory, who has used the new centre in Annapolis Royal. “I got into my appointment on time and the doctor I saw really took the time to go over everything with me and answer my questions. I wasn’t rushed and everyone was really supportive and friendly at the centre. David Wilson, Minister of Health and Wellness said government committed to change health care in Nova Scotia in 2010 when Better Care Sooner was launched. “This plan, with its bold steps, is improving health care and making life better for families across Nova Scotia,” said Mr. Wilson. “With Better Care Sooner guiding the way, we have opened six CECs, five in the last year alone.” Better Care Sooner is based on the recommendations of Dr. John Ross, the province’s emergency care advisor. Two years ago, Dr. Ross noted that many Nova Scotians would wait far too long to see their family doctor and small rural emergency departments were frequently closed. The creation of six new collaborative emergency centres in Parrsboro, Annapolis Royal, Springhill, Tatamagouche, Pugwash and Musquodoboit Harbour are the cornerstones of the success of Better Care Sooner. Two are in the planning stage for New Waterford and Lunenburg, and more are expected to be announced in 2013. Both Saskatchewan and Prince Edward Island are planning to implement similar models. By matching the level of services with the needs of residents in rural communities, CECs keep emergency rooms open, reduce patient wait times and provide a team-based approach that offers continuity of care. The third annual accountability report on emergency departments this fall showed an overall decrease of 1,203 hours of emergency department closures in 2011-12, or a decrease of 6.4 per cent, compared with the previous year. “I am really pleased with the very positive feedback from both patients and health care providers in regions with CECs,” said Dr. Ross. “Communities are engaged in creating CECs that are meeting the unique local needs of patients. “At the same time, Regional hospitals are working with Department of Health and Wellness staff to meet Canada’s first set of standards to help address crowded emergency departments. Better Care Sooner is resulting in accountability for improving how we deliver emergency care from politicians to health authority leaders to health-care providers to patients themselves. We all have a responsibility to make some changes to improve our health.” Better Care Sooner is also making a difference to the health of Nova Scotians in other ways, including:last_img read more