Qatar-based shipping company Nakilat delivered a 5.3% increase in profit during the year ended December 31, 2018.The company’s profit reached QAR 892 million during the period, compared to QAR 847 million reported in 2017. Excluding the 2017 one-off item, the 2018 net profit increased by 14%, the company said.The key drivers of Nakilat’s stronger financial performance were the implementation of its long-term plans to diversify and seek new business opportunities with measured balanced risk. In addition, the company achieved positive results across its operations that exceeded planned expectations in 2018 through enhanced operational efficiency and cost effectiveness, Nakilat explained.During the year, Nakilat expanded its fleet with the addition of two liquefied natural gas (LNG) carriers and acquired a major stake in its first floating storage regasification unit (FSRU).“Complemented by strategic long-term agreements with well-established charterers and its own determination to operate sustainably, Nakilat has managed to maintain steady cashflow and generate positive value for its shareholders,” the company concluded.
UST head coach Kungfu Reyes gives instructions to his players during the game against Far Eastern University in the UAAP Season 81 women’s volleyball tournament. Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—University of Santo Tomas head coach Kung Fu Reyes remained optimistic despite star sophomore Milena Alessandrini coming down with an injury in the early part of the UAAP Season 81 women’s volleyball tournament.Alessandrini, Season 80’s Rookie of the Year, injured her left knee in the Golden Tigresses’ match against Far Eastern University but Reyes exhibited calm when asked about his outside spiker.ADVERTISEMENT Reyes added that Alessandrini’s injury greatly affected the team’s morale and that was evident in the Golden Tigresses’ depleted offensive power in the third and fourth sets.Eya Laure put up 20 points while Cherry Rondina had 16 but UST needed Alessandrini to complete its three-piece offensive puzzle.“We can’t deny that the team was affected but we fought it out until the end,” said Reyes whose Golden Tigresses dropped to 2-2. “I think they are also regretting what happened because if we were complete we had a chance to win.”Reyes added that his team sorely felt Alessandrini’s absence in the offensive end especially with the second year hitter averaging 15.7 points in her first three games.“Milena brings 15 or 17 points a game and although we had someone get 20 and another 16 the next ones were in the seven-point region,” said Reyes.ADVERTISEMENT Tom Brady most dominant player in AFC championship history Eugenie Bouchard’s bid for Australian Open spot ends in qualifying MOST READ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Nadine Lustre’s phone stolen in Brazil FEU topples shorthanded UST for 2nd win Rogue cops marked as Gamboa’s targets in his appointment as PNP chief Don’t miss out on the latest news and information. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? “Hopefully, it’s just a minor injury, I feel it too,” said Reyes in Filipino Saturday at Smart Araneta Coliseum. “I think it’s just a minor one because Milena has a really low pain tolerance.”“Well my interpretation is that was just a minor injury. That’s my gut feeling but we’ll still for the MRI results.”FEATURED STORIESSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissSPORTSCoronation night?SPORTSThirdy Ravena gets offers from Asia, Australian ball clubsAlessandrini suffered the injury in the second set after landing awkwardly on her left leg after a spike attempt when UST held an 18-17 lead against FEU.UST eventually lost the game in four sets, 25-19, 20-25, 19-25, 27-25. Ginebra beats Meralco again to capture PBA Governors’ Cup title Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Ginebra beats Meralco again to capture PBA Governors’ Cup title Sports Related Videospowered by AdSparcRead Next LATEST STORIES View comments