Republic of Korea Navy commissions 2nd Daegu-class frigate

first_img Authorities Republic of Korea Navy commissions 2nd Daegu-class frigate Back to overview,Home naval-today Republic of Korea Navy commissions 2nd Daegu-class frigate Related Article The second batch frigates are being equipped with a 16-cell Korean vertical launching system for defense against air threats and six torpedo tubes for anti-submarine warfare. This class is the first warship equipped with a hybrid diesel-electric of gas propulsion system. Powered by Rolls-Royce’s MT30 gas turbines, the frigates are capable of reaching speeds of 30 knots. The Republic of Korea Navy (ROKN) has commissioned ROKS Gyeongnam (FFG-819), the second of eight Daegu-class guided missile frigates. Authorities Naida Hakirevic Photo: the Republic of Korea Navy The commissioning ceremony took place at Jinhae Naval Base on 4 January 2021. View post tag: ROKS Gyeongnam ROK Navy receives first FFX II frigate ROKS Daegu Posted: over 3 years ago View post tag: Frigatecenter_img FFX II vessels are improved Incheon-class (FFX) frigates. At 2,800 tons, Daegu-class ships displace 500 tons more than their predecessors and measure 122 meters in length. Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) launched the frigate in June 2019. The navy received the newbuild on 31 December 2020. Share this article This year, the third and fourth Daegu-class frigates, ROKS Seoul (FFG-821) and ROKS Donghae (FFG-822), are expected to be handed over to the navy. Launched in 2019 and 2020, both units are being built by Hyundai Heavy Industries (HHI). Daegu and sister ships will carry a towed array sonar system (TASS) in addition to naval guns and a Phalanx close-in weapon system. View post tag: Daegu-class Back in 2018, ROKN took delivery of the first of eight Daegu-class units, ROKS Daegu (FFG-818), from DSME. January 5, 2021, by Categories: View post tag: Republic of Korea Navy Posted: over 3 years ago The frigates are intended for a variety of missions including anti-submarine warfare, anti-air warfare, patrol, surveillance, search and rescue and exclusive economic zone protection.last_img read more

Champion swimmer and reality tv contestant, Lisa Curry, is selling her Sunshine Coast property

first_imgLisa Curry appeared on I’m a Celebrity, Get me Out of Here! Picture: Dylan RobinsonIt is listed through Theo Grigoriou of Ray White Beerwah.According to its listing the owners have found a new property and have decided to sell.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality LevelsAudio TrackFullscreenThis is a modal window. An unanticipated problem was encountered, check back soon and try again Error Code: MEDIA_ERR_UNKNOWN Session ID: 2020-09-28:b9b54a4728de1ff6c090eaa1 Player Element ID: vjs_video_773 OK Close Modal DialogBeginning 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 Rate1xFullscreen00:00 Related videos The property is about 14ha. There are two large sheds, one which is converted into a residence with one bedroom and one bathroom. The Mount Mellum propertyANOTHER former swimming star, and most recently reality television contestant on I’m a Celebrity, Get Me Out of Here! Lisa Curry, has also listed a property for sale.Curry and her fiance, Elvis impersonator, Mark Tabone have listed the property at Mount Vellum on the Sunshine Coast for $679,000.More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours agoProperty records reveal the couple paid $505,000 for it in July 2016.last_img read more

Pension funds in search of yield at risk of ‘herding’, Swiss experts warn

first_imgThe search for yield is driving institutional investors into illiquid assets, but the market may already be overcrowded, delegates at the Swiss Pensions Conference were warned.Guido Bolliger, co-head of quantitative investment solutions at SYZ Asset Management, said liquidity risk was “on the rise” as investors ramped up exposure to less liquid instruments.But he added: “Long-term thinking is a competitive advantage for Pensionskassen in today’s markets, and they can act anti-cyclically”.Nannette Hechler-Fayd’herbe, head of investment strategy at Credit Suisse, said she was concerned about a “herd mentality” among institutional investors triggered by their search for yield. The illiquidity problem is made worse, she argued, by the “convergence” in the returns of various asset classes, particularly equities and alternative assets.Vera Kupper-Staub, vice-president at the Swiss regulator (OAK), said she was concerned about “herding” arising from too many Pensionskassen using the same investment consultant.“This reduces the diversification needed to reduce the risk in portfolios,” she said. Meanwhile, Bolliger argued that, before the financial crisis, there had been a kind of “natural hedge” in balanced portfolios that “no longer exists”.He said pension funds, when shifting investments, should not only consider risk but also “avoid pro-cyclicality”.“It’s not too late to make changes to portfolios,” he said. “The question is whether the changes will happen fast enough.”Speaking with IPE after the conference, Lukas Riesen, a partner at PPCmetrics, said he was concerned Pensionskassen might be “lured” into taking on too much illiquidity, particularly with respect to products that were “made to look liquid”.“What happens,” he asked, “when there is another downturn and everyone wants out at the same time?”However, Christoph Ryter, president at Swiss pension fund association ASIP, said he was convinced Pensionskassen had grown more aware of illiquidity risks in the wake of the crisis.“They have learned from the crisis and know about illiquidity risks and are including them in their long-term investment strategy,” explains Ryter.last_img read more

USC men’s swimming gears up for Pac-12 Championships

first_imgNatalie Yee | Daily TrojanMen’s swimming, ranked No. 13 in the nation, will head to the Pac-12 Championships, which will run from Wednesday through Saturday in Federal Way, Wash. The conference championships will offer some of the toughest competition in the country, as USC will have to take down No. 1 Cal and No. 5 Stanford to bring the title back to Los Angeles.The diving team already competed during the men’s diving championships last weekend, which were held alongside the women’s Pac-12 Championships. Junior Dashiell Enos took home the 3-meter springboard title for the second year in a row, with freshman Henry Fusaro finishing close behind in second place. Enos won with a 428.35 score, and Fusaro followed him up with a score of 408.15. Both performances were personal bests, firmly outpacing Arizona State’s Heikki Makikallio, who finished in third with 372.50 points.Enos also reached his first 1-meter final and took fourth on the platform, while freshman Nick Mamola finished eighth in his first conference final competition. Enos took home fourth place with a final score of 335.95, and Mamola finished with 291.20 points.The Trojans finished second in last year’s conference championship after taking home the title in 2015 for the first time since 1979. USC has not had three consecutive top-two finishes in the Pac-12 since the mid-’70s, but it’s an accomplishment the Trojans could achieve with all of their 2016 Pac-12 swim champions still on the squad.Senior co-captain Reed Malone will return in his final Pac-12 championship to defend his conference titles in the 200y and 500y freestyle, and fellow senior co-captain Steven Stumph will look to repeat in the 200y breaststroke and become the first Trojan to win the event three years in a row. Junior Ralf Tribunstov will also look to protect his 100y backstroke title, while sophomore Patrick Mulcare will race again in the 200y backstroke.Sophomores Alex Valente and Carsten Vissering will also return to the pool after finishing second overall in the 100y butterfly and the 100y breaststroke, respectively, at last season’s championships. Vissering will enter this week’s competition as the top seed in the conference in the 100y breaststroke.Redshirt junior Dylan Carter is also the top seed in the 200y freestyle, and the Trojans will enter the pool as top seeds in the 200y freestyle relay. The team will look to continue its dominance in the 100y freestyle event, which it has won three times in the past five years.The Trojans boast a balanced team of seasoned upperclassmen including All-Americans such as Malone, Mulcare and Tribuntsov and 2016 Olympians such as Carter (Trinidad and Tobago) and redshirt juniorSanto Condorelli (Canada).The championships will kick off at the Weyerhaeuser King County Aquatic Center on Wednesday with the 200y medley and 800y freestyle relays. Thursday will feature the 500y freestyle, 200y individual medley, 50y freestyle sprint and 200y freestyle relay. Friday will be the longest day for the Trojans, with races in the 400y individual medley, 100y fly, 200y freestyle, 100y breaststroke, 100y backstroke and 400y medley relay.The tournament will conclude on Saturday with the 1650y freestyle, 200y backstroke, 100y freestyle, 200y breaststroke, 200y butterfly and 400y freestyle relay.These four days will be a test to see if the Trojans can compete among the best of the best in both the Pac-12 and the NCAA, setting the stage for the national championships in March.last_img read more