WhatsApp Linkedin NewsLocal NewsMr Binman pleads guilty to two safety chargesBy admin – June 2, 2011 803 Facebook Advertisement Print Twitter Previous articleManager warns against “underbounding” the cityNext articleCordil closure puts sub contractors at financial risk admin Email A LIMERICK based waste collection and recycling company has appeared before Limerick Circuit Court and pleaded guilty to two charges where they failed to safely manage and conduct work activities and ensure the safety, health and welfare of their employees at Luddenmore, Grange, county Limerick, in 2008.The charges relate to an incident where a Mr Binman employee died as a result of an onsite accident.Sign up for the weekly Limerick Post newsletter Sign Up 64-year-old John Wright, Glenmore, Caherdavin, was killed while working at the waste site in county Limerick on March 21, 2008.At Limerick Circuit Court this week, Mr Binman faced charges where it failed to manage and conduct work activities in such a way as to ensure that so far as was reasonably practicable the safety, health and welfare of its employees required by sections of legislation within the Safety, Health and Welfare Act 2005. The breaches contrary to the legislation are in connection with the company’s loading shovel operations and the fact that they were carried out without adequate measures to segregate pedestrians from vehicular traffic and the safe circulation of pedestrians and vehicles as a consequence of which its employee, John Wright, suffered personal injury and died. A second charge before the court outlined that Mr Binman failed to ensure that their outdoor place of work at Luddenmore, Grange, county Limerick, was organised in such a manner so as to ensure that pedestrians and vehicles could circulate safely. A company nominee and chief financial officer, Stephen O’Donovan, appeared on behalf of Mr Binman and entered a guilty plea to the charges before the court.The company will be sentenced on July 27 next.
The Baa2 issuer rating and senior unsecured rating of Danish shipping and oil major Maersk have been placed on review for downgrade, according to Moody’s ratings agency.Additionally, the company’s senior unsecured medium-term note (MTN) programme’s (P)Baa2 rating was placed on review for downgrade as well.The rating action follows Maersk’s announcement that it agreed to dispose of its Maersk Oil division to Total S.A. (Aa3 stable) for an enterprise value of USD 7.45 billion. The company is to receive USD 2.5 billion in cash, which will be used to repay debt, and USD 4.95 billion in shares (97.5 million shares representing 3.76% of Total S.A. share capital).Total S.A. will take over all decommissioning obligations currently amounting to USD 2.9 billion. The divestment is in line with Maersk’s previously announced strategy of separating its energy assets from the Transport and Logistics (T&L) business.“We have placed Maersk’s ratings on review for downgrade due to significant uncertainty regarding how much, if any, of its outstanding debt it will repay using the value of the Total S.A. shares,” Maria Maslovsky, Moody’s Vice President — Senior Analyst and the lead analyst for Maersk, said.Moody’s downgraded Maersk’s issuer rating and senior unsecured rating to Baa2 from Baa1 in December 2016.At the time, the company’s medium-term note (MTN) program rating was also downgraded to (P)Baa2 from (P)Baa1 and all ratings were placed on negative outlook.
Los Angeles Mayor Eric Garcetti (above) and President C. L. Max Nikias met with the chairman of the Joint Chiefs of Staff Gen. Martin Dempsey at Town & Gown on Monday. Dempsey both applauded the university’s and Los Angeles County’s support of the veteran community.
B&H tennis player Damir Džumhur has qualified for the second round at the ATP tournament Masters Series in Miami, which is being played for the award of 4,7 million dollars.In the first qualifying round, Džumhur beat the 17th American Denis Kudla with 6:3, 6:4.In the second round, the 22 Sarajevo native will play with Andrej Golubev from Kazakhstan, who is number 70 on the ATP list.(Source: Fena)