Port of Oakland to Rise Its Cranes

first_imgzoom The Port of Oakland said that up to six 366-foot-tall cranes will soon be raised 27-feet higher as the port gets ready to welcome megaships with containers stacked high above deck.The project will see the port invest from USD 14 million to USD 21 million in its largest marine terminal starting in April to make it easier to load and unload megaships.“We’re already working the largest ships to call in North America,” John Driscoll, Port of Oakland Maritime Director, said, adding that by raising the height of ship-to-shore cranes, “we make certain that we’re ready as more megaships head our way.”Approved on February 23, the crane plan calls for installing longer legs on four-to-six cranes at Oakland International Container Terminal, which handles 70 percent of Oakland’s cargo.The Port of Oakland will finance the project, which is scheduled to be finalized in the second quarter of 2018, while the terminal operator, SSA, will repay the port over the life of its Oakland lease.The port said it will take about nine weeks to raise each crane. Jacking equipment is already en route to Oakland.last_img read more

Shaw Festivals 2018 Season Kicks Off With The Enchantment And Magic Of

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NETFLIX HIKES SUBSCRIPTION PRICES IN CANADA

first_imgAdvertisement Quebec’s political parties formed a common front on Tuesday to demand companies such as Netflix pay provincial sales tax. (Matt Rourke/Associated Press) Another price hike is on the way for Netflix subscribers in Canada as competition heats up among the biggest streaming video services.The company behind Narcos and Orange Is the New Black is introducing its biggest price increase yet for both new subscribers and current members.The basic Netflix Canada plan — which does not offer ultra high-definition 4K video and allows streaming on one device at a time — rises a dollar to $9.99 a month. LEAVE A REPLY Cancel replyLog in to leave a comment Netflix’s standard plan will now cost $3 more — or $13.99 a month — to watch content on two devices at the same time.Premium plan subscribers pay $3 more — or $16.99 a month — to watch TV shows and movies on four devices at the same time and in HD and ultra HD video.Netflix says the higher prices are effective immediately for new subscribers, while existing users will be notified by email before their bills rise in the coming weeks.The company increased prices for most plans by a dollar about a year and a half ago.Helps fund new series, filmsNetflix says the move will help fund upcoming TV series and films as well as overall improvements to the Netflix platform.But the company also faces intense competition next year as the number of streaming platforms in the Canadian marketplace with attractive offerings grows.Earlier this month, Bell Media introduced a higher tier of its Crave streaming service that includes a selection of recent Hollywood movies and new HBO programs. The package, dubbed Crave+, costs about $20 per month. Advertisement Facebook Twitter Login/Register With: Advertisement Next year, Disney jumps into the market with its own streaming platform. Disney+ is expected to be stocked with movies and original series like a prequel to Star Wars: Rogue One and a Marvel superhero show based on the character Loki from Thor and The Avengers.Other platforms could make headway, too, including a new service operated by Criterion that specializes in classic films, and CBS All Access, which is beefing up its library of original shows that include Tell Me A Story and Strange Angel.Analyst Jeffrey Wlodarczak of New York-based Pivotal Research Group says the last Netflix price increase in the United States didn’t lead to an appreciable loss of subscribers, but “I would not be surprised to see some churn out of the gate in Canada, given the per cent increase on the standard service.”“However, given the still very low cost of the service and the lack of real alternatives, I would expect NFLX to eventually see most of those that churn return,” Wlodarczak said in an email.last_img read more