Justice Ministry and NIA Enter New Phase of Partnership

first_img He said that the NIA will also continue its drive for legislative reforms to strengthen the justice system framework. The Ministry of Justice and National Integrity Action (NIA) has entered a new phase of collaboration. Story Highlights “We shall be supporting the implementation of the Child Diversion Act to include training of police officers and other agents in the justice system,” said the NIA’s Executive Director, Professor Trevor Munroe. The Ministry of Justice and National Integrity Action (NIA) have entered a new phase of collaboration.“We shall be supporting the implementation of the Child Diversion Act to include training of police officers and other agents in the justice system,” said the NIA’s Executive Director, Professor Trevor Munroe.He said that the entity will also continue its drive for legislative reforms to strengthen the justice system framework.He was speaking at a press conference at the Ministry’s Constant Spring Road headquarters on Friday (February 15).Professor Munroe noted that the NIA will continue to support the sensitisation of Justices of the Peace (JP) and will facilitate a series of islandwide two-day training seminars to strengthen the capacity of JPs to properly administer justice through legislation and alternative dispute resolution.He said that over 1,000 JPs will be targeted.The NIA will be integrating restorative justice practices in its integrity clubs, which are being implemented in schools across the island in conjunction with the Ministry of Education, Youth and Information.“We shall be expecting to produce awareness-building communication products, commercial advertisements so that the public becomes more aware of new developments, particularly in the area of alternative dispute resolution,” Professor Munroe noted further.The NIA Executive Director said that the mandate of the entity since its launch in December 2011 remains to combat corruption in all its forms, to strengthen integrity at all levels and to enhance good governance in all sectors, particularly in the areas of transparency and accountability.“Fundamental to the advancement of this mission is the justice sector and, therefore, part of our responsibility has been and remains to assist in making that sector more efficient and equitable in the service of the Jamaican people,” he noted.“We are excited by this new phase of our longstanding partnership and our expectation is that the collaboration will contribute to greater levels of integrity in the justice system,” Professor Munroe said.last_img read more

Navios Containers Benefits from Larger Fleet

first_imgzoomIllustration. Source: Pixabay under CC0 Creative Commons license Monaco-based boxship owner and operator Navios Maritime Containers has seen its revenues rise in the first quarter of 2019 due to a larger fleet operating during the period.Revenue for the three months ended March 31, 2019 was USD 31.8 million, as compared to USD 29.9 million reported in the same quarter a year earlier.TCE per day declined to USD 12,217 from USD 15,259 reported in the first quarter of 2018, primarily as a result of the expiration of contracts between the two periods.Net income for the quarter was at USD 0.1 million compared to USD 3 million reported a year earlier. The change was due to a USD 3.7 million decrease in EBITDA, USD 2.2 million increase in interest expense and finance cost, net related to the financing of new vessels; and USD 0.5 million increase in amortization of deferred drydock and special survey costs, in each case, relating to the increase in the size of the fleet.“In a little more than two years, Navios Containers grew its fleet to 30 containerships, acquiring the fleet for a price close to the related scrap value,” Angeliki Frangou, Chairman and Chief Executive Officer, said.“Most recently, Navios Containers acquired two 2011-built 10,000 TEU containerships for USD 105 million, reflecting a 30% discount to newbuild parity. These containerships are on long-term time charters at around USD 27,000 per day that should generate cumulative EBITDA of USD 35.2 million,” Frangou added.last_img read more