PIL Terminates Vessel Calls to Iran due to US Sanctions

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Singapore shipping company Pacific International Lines (PIL) has ceased acceptance of cargoes in and out of Iran.What is more, the shipping company has terminated all calls to Iran.“This is in conjunction with President Donald J. Trump’s announcement on May 8, 2018, to cease the United States’ participation in the Joint Comprehensive Plan of Action (JCPOA) and to reimpose all sanctions lifted or waived in connection with the JCPOA,” PIL said in a statement.Earlier this year, the US Government announced plans to reimpose sanctions on Iran’s port operators as well as shipping and shipbuilding sectors, in line with the decision of the country’s president to withdraw from the Iran Nuclear Deal.Companies that trade in US dollars or have operations there cannot afford themselves to lose a share of the US market, hence, they are likely to end their ties to Iran.PIL’s decision comes after some other shipping majors such as Maersk Line, MSC and CMA CGM started pulling out from Iran.last_img read more

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Fate of East West on the Wire Again

first_imgTo document her thoughts in the days leading up to her final decision, Malik has been writing daily blog posts on the East West Web site. “I have emerged from the cloud, I have other loves and other things to enjoy now,” Malik wrote in one post. “And I realize that in my fight to make it, I lost the story. The last two issues of East West made this clear. Overwhelmed at making the business side shine, I lost my love of the story. “When East West first began,” Malik continued, “we stood out because of the true heart that went into every editorial decision, because of the risks we took to tell important stories, because we were forward thinkers. The last two issues still spoke to these values, but I personally felt less engaged. I felt less of me went into those stories because of the stress of business.”East West relaunched last fall after going on “hiatus” in April 2008 after the company ran out of money. The magazine was launched in as an online-only magazine in 2003. The countdown has begun. By January 31, East West founder Anita Malik says she will decide the fate of the bi-monthly magazine targeting Asian Americans and focused on the intersection of Eastern and Western cultures. Malik this week sent an e-mail to subscribers saying the magazine, once again, is “at a crossroads.” “Today, publisher/editor-in-chief Anita Malik is feeling unsure of what one person can do to take this brand further, to provide quality, national media to our underserved community,” the e-mail, sent January 22, said. “The economic landscape has certainly made things harder than normal, but in good times or in bad, when does the challenge or the workload surpass the passion?”Will East West go quarterly? Will Malik sell it? Turn it into a non-profit? Will she shut it down completely? In an e-mail to FOLIO:, Malik said what will come of the magazine is still “unknown.” last_img read more

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The CGI magic of Game of Thrones fiery finale revealed

first_img More than 300 artists worked on various CGI aspects of the show, including ships, castles and huge bloodthirsty battles. The dragon team alone consisted of almost 40 artists.This last season of Game of Thrones had a lot of close-ups of Daenerys’ dragon Drogon. Martin and the team worked hard to make sure Drogon showed emotion through facial expressions during so many moving moments, especially the shocking climactic death.game-of-thrones-season-8-episode-6-drogon-dead-daenerysDrogon’s expression was a critical element of this scene. HBO “It was important to not over-animate the dragon or to humanize him too much,” Martin told me. “Drogon should always be a lizard, still stay the animal. Our guideline was how we see our own pets — we can read their emotions even though they can’t talk and have a different physiognomy. We had to tread a fine line.”Having worked on Star Trek Into Darkness and The Hunger Games, Martin has won two Emmys for his work on Thrones. As well as designing dragons and building the Iron Throne itself, his team were also responsible for building a mighty armada of menacing ships.game-of-thrones-season-8-episode-4-euron-shipThis shot sails by entirely in CGI. HBO “As VFX artists, we love to start with something real like a filmed background plate, which we will enhance or augment or build on top of,” Martin said. “In this case the establishing shot was full CGI, but needed to match the set ship we see in the following shots. To avoid any guessing, we started by collecting as many real references as possible. We selected photos with a similar light situation, sails and rigging, as well as a similar framing and references for ocean and white water.”The hull of each ship was animated by digital artists, while the sails and water were created by special simulation software using algorithms to mimic the movement of real surfaces. “The sails and rigging react to the ship’s movement in relationship to the wind blowing,” Martin added. “The ocean is a fluid simulation with waves and white water created by the hull slicing through.”The Iron Throne goes up in flames. HBO Since this was the finale of Game of Thrones, Martin hopes fans paid close attention to Daenerys’ reaction upon finally seeing the Iron Throne. Pixomondo worked on Daenerys’ dream sequence in season 2, which foreshadowed her entering the throne room as snow fell around her. “So now, several years later, we could do the actual moment happening with lots of recognizable shots,” said Martin.Eagle-eyed viewers may spot a few differences between seasons 2 and 8, however. “The ceiling structure has changed a lot,” said Martin, “as the throne room got redesigned for the best visual impact on the sequence.”Needless to say, working on the powerful ending to Game of Thrones gave Martin quite a few memorable moments. VFX vendors like Pixomondo generally work in their offices rather than on set, but the show’s overall VFX producer Steve Kullback and VFX supervisor Joe Bauer invited Martin to the set for the end sequence. “That was special,” Martin said. “Having spent so much time upfront with this scene, seeing it all come together on the soundstage was a very rewarding moment. After eight years of raising the dragons and having had all these adventures with them and Dany, we could finally help to finish her journey.” 187 Photos 3:38 1 Comment Now playing: Watch this: Game of Thrones season 8 VFX breakdown Game of Thrones HBO Filmmakers See all the Game of Thrones season 8 photos Tags The Game of Thrones series finale was a fiery CGI masterpiece.  HBO The ending of Game of Thrones ignited a firestorm of controversy among fans. But whatever you thought about the story, it’s fair to say the final season of HBO’s smash hit fantasy series was pretty spectacular. We took a look at how the unforgettable final scenes were conjured through the artistry of cutting-edge computer-generated imagery.Caution: spoilers ahead! game-of-thrones-spoilersIn the aftermath of one of the bloodiest battles ever seen in the show, Daenerys (Emilia Clarke) faced her lover Jon Snow (Kit Harington) — who in turn found himself facing Drogon, a very angry dragon.In a new Game of Thrones season 8 VFX breakdown reel from effects company Pixomondo, fans can see how CGI brought these gutwrenching moments to life. You can watch the video below, while to find out more, we talked exclusively to the company’s award-winning visual effects supervisor Sven Martin. TV and Movies Share your voicelast_img read more

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Faraday Future Shows Off Its Wild Electric Car Concept

first_img Growing a business sometimes requires thinking outside the box. Register Now » Opinions expressed by Entrepreneur contributors are their own. 3 min read LAS VEGAS — Cars are set to be a huge part of this year’s CES. The first of many car-related announcements came Monday evening from Faraday Future. The Los Angeles-based company used CES as the stage to unveil its highly-anticipated electric concept car. Called the FFZERO1, the car isn’t exactly something you’d expect to see cruising next to you during rush hour, sporting a look that’s more suited for a race track than your average commute.Related: What To Expect From CES 2016The single-seat vehicle bears a resemblance to the Batmobile, sporting an electric motor on each wheel giving it more than 1,000 horsepower. That enables that vehicle to go from 0 to 60 in under 3 seconds, and potentially travel up to 200mph. The car has “aero tunnels,” which directs air through the car to decrease drag and cool the batteries. It also comes equipped with a touch-screen that can project information, in an augmented reality form, on the dashboard. (Of course, it’s important to note that the car is still a concept, so these features and numbers are theoretical.)Image Credit: FaradayThe FFZERO1 is designed modularly, so you could potentially see some elements of the vehicle show up in other car design models down the line. That modular design, called Variable Form Architecture, is one of the things that makes Faraday Future’s concept interesting. The company is using the same basic structure for all of its vehicles, then adapting it depending on which model it’s making. Think: interchangeable parts for cars. For instance, it might use one type of battery in one model, and a different in another. Likewise, different models might have different wheelbases or motors. Of course, right now Faraday doesn’t have any models to show off, aside from the FFZERO1.Related: Nvidia Just Unveiled a Super Smart Chip for CarsThe car’s driver sits at a 45-degree angle while she drives, an angle determined by NASA to be optimal for driving, and the steering wheel has an embedded dock for your smartphone. The driver also has a “Halo Safety System” built into its headrest to support the driver’s neck and head and comes equipped with a helmet. The driver’s helmet will feed him water and oxygen, and the instrument panel gathers biometric data about the driver.Faraday also promises various levels of autonomy with the car. So you might potentially be able to do things like summon the car to your location, or sit back and ride rather than steer on your way to work.While the car at CES is still a prototype, Faraday hopes to have its first commercial vehicle available sometime in 2018. The company is backed by Chinese company LeTV and is expected to begin building its first factory near Las Vegas in the coming weeks.Chevrolet, BMW, and Volkswagen are all expected to make electric car announcements in the coming days.Related: Check Out the Car That Just Drove Itself Across the U.S. January 5, 2016 Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Globallast_img read more

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Technologys Daydream Is Becoming the Nightmare of BrickandMortar Retail

first_img Opinions expressed by Entrepreneur contributors are their own. Register Now » July 7, 2017 Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. 5 min read Recently, Amazon announced that it would be buying Whole Foods for an astounding $13.7 billion. To those who have followed Amazon’s trajectory for a while now, this was an obvious next step in parallel with their grocery delivery service, AmazonFresh. To those who still see Amazon as nothing more than a technology company overextending itself, let me explain what this deal means.Related: The Winners and Losers in Amazon’s Whole Foods DealWe’re past the point of offline businesses looking to understand how to get online — a pain point from the mid 2000s — and we’re now entering an age where companies that started online are bringing their business offline. They’re jumping out of the computer screen and into real life.For big retail, and age-old companies that were behemoths before the internet, this is a nightmare. For tech companies and .com disruptors, this is a daydream come true. The internet is big. But when an internet company can move from the computer and into the real, physical world, suddenly that world just got exponentially bigger. Amazon buying Whole Foods is yet another step in this direction.Some see this sort of development as terrifying, threatening, even unfair. As someone who not only watched the first .com boom in 1999, but was building my business, Interline Brands, I can tell you that this sort of rampant growth isn’t new. It just looks bigger, faster and stronger because of the size of the companies. The internet expanded everything in its sight, but the underlying principles, changes, twists and turns are all familiar.This is why, if you are an entrepreneur in today’s day and age, this is the one thing you need to do in order to survive, thrive and not get swept up in the tide of the changing landscapes. You have to go all in and commit to being a “business bachelor” in the sense that you can’t be married to the way your business has always done things. You have to be willing to pivot and adjust as new trends reveal themselves and rules bend.In the past year, top retailers have closed hundreds of store fronts across the U.S. When Amazon announced its acquisition of Whole Foods, Kroger’s stock plummeted 13 percent. Along with it, shares of other retailers with grocery sections such as Target, Costco, SuperValu and Sprouts all plunged as well. You can see this as a looming cloud for your business, especially if you are in retail. Or, you can see this sort of behavior as an opportunity.Related: 8 Interesting Tidbits From Whole Food’s Town Hall Following the Amazon AcquisitionI have been building businesses for a long time. Build long enough, and each decade you’ll start to realize that while the variables may change, the underlying principles remain the same. My most recent company, LendingOne, provides real estate bridge and rental loans to non-owner occupied real estate investment property owners. Now, when I started down this road, I very well could have looked at what had been done already in these markets, followed a similar blueprint and been on my merry way. But any aware entrepreneur in today’s day and age knows that the waves are moving fast, and you can’t base decisions on where the ball was. You have to look hard for where the ball is going to be.Instead, I decided to structure the company with the same fundamental principles that are leading today’s booming startups. Our technology at LendingOne works similar to Uber. They don’t own any cars, and we don’t own any loans. If you’re interested, I tell the full story about how we came up with the idea for LendingOne in my book ALL IN: 101 Real Life Business Lessons For Emerging Entrepreneurs.So, the takeaway for today’s entrepreneurs is this: Don’t become blinded by the big numbers of today’s hottest companies.As the internet enters its next stage of maturity and begins bringing its online successes offline and into the real world, a lot is going to change. Acquisitions are going to be rampant, and they are going to be publicized accordingly. News is going to spread fast because of the internet, and shockwaves are going to be felt through parallel industries, as seen by Kroger’s stock price after Amazon’s announcement about acquiring Whole Foods.Related: With Whole Foods Purchase, Amazon Just Bought a Playground for Big DataThese things are important to take note of, but they should also be kept in proportion to your own business. What matters is that you keep your focus on what your business needs, where the trends are moving and remaining unmarried to the “way things have always been done” so that you can pivot accordingly.If you spend too much time wrestling with the fear of change, you’ll miss the wave. You need to know when to pivot, and do so quickly and effectively. Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goalslast_img read more

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