Frank Lampard reveals why Chelsea agreed to let David Luiz join Arsenal

first_imgDavid Luiz joined Arsenal on deadline day (Picture: Getty)Chelsea boss Frank Lampard says he had a number of ‘honest conversations’ with David Luiz before the defender’s move to Arsenal.The Brazilian completed an £8million move to Arsenal on Thursday after he shocked the Blues with his desire to join the Gunners.Luiz did not train on Thursday after intimating his intention to join Arsenal and some reports claimed the centre-back had fallen out with Lampard.However, Lampard confirmed today that it was his decision to remove Luiz from training and says the club’s decision to let him go was based on the competition at centre-back.ADVERTISEMENT Sean KearnsFriday 9 Aug 2019 2:26 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.1kShares Luiz signed a two-year deal at Arsenal (Picture: Getty)‘We had some conversations over the last week, honest ones and the conclusion was that he should move on,’ said Lampard.AdvertisementAdvertisement‘It’s a position that I have a lot of competition. Everyone has to understand that. He has moved on and we wish him the absolute best, because he has been a big part of our history.‘There wasn’t any strikes. No fall-outs, just honest conversations. As a player I want that as a manager, and i think I got that from David. Him not training was a decision I made as I felt that is what I made at the time.‘You can’t dictate too much what happens at times. The decision was that he moves on to Arsenal and I focus on here. Yes he is a good player.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalChelsea travel to Old Trafford on Sunday for a mouth-watering start to their 19/20 campaign.Lampard revealed N’Golo Kante has returned to fitness but he’s unsure yet if he will be risked from the start given he has just recovered from an ankle problem.MORE: Frank Lampard provides fitness updates for Kante, Rudiger and Hudson-Odoi before Man Utd game Advertisement Frank Lampard reveals why Chelsea agreed to let David Luiz join Arsenal Comment Advertisementlast_img read more

Sovcomflot’s profit rockets

first_img“Over H1, SCF Group increased its time charter revenues from gas and offshore operations by 10 percent to $342 million. At the end of the reporting period, the group had $12.8 billion in future contracted earnings and receivables, a record for the group,” Tonkovidov said. The state-owned shipping company’s fleet includes 146 vessels out of which 21 are LNG carriers. LNG carrier SCF Mitre (Image: Sovcomflot) Earlier this year, Sovocmflot has welcomed another liquefied natural gas carrier to its fleet, namely the SCF La Perouse. Sovcomflot’s chief executive Igor Tonkovidov said EBITDA over the prior 12 months has exceeded $1 billion, for the first time in the firm’s history. Revenue increased by 19.8 per cent year-on-year to $951.3 million. In the short term, this has contributed to the increase in both spot and time charter rates, which has allowed the group to grow its term contracts portfolio, Tonkovidov said. “An optimal balance of long- and short-term charter contracts, together with a rational geographic distribution of vessels allowed SCF Group to fully capitalise on the freight market upswing,” Tonkovidov said. January-June earnings before interest, tax, depreciation and amortisation rose 54.7 percent to $578.6 million.center_img Furthermore, Sovcomflot also continued to steadily grow its industrial business portfolio, which provides a long-term fixed income stream not impacted by market fluctuations. The new-generation Atlanticmax LNG carrier with a 174,000 cubic meter capacity started its charter with French energy giant Total. In the first half of the year, the energy shipping market dynamics were “highly volatile” due to the usual seasonal factor but also sharp price fluctuations in the oil market, caused by changes in the OPEC+ terms. Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Sovcomflot has two further vessels in this series under construction, chartered to LNG giant Shell, with deliveries scheduled in 2020. LNG fleet growinglast_img read more

Chris Paul in Clippers’ starting lineup for Game 3 against Rockets

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Chris Paul will be in the starting lineup for tonight’s Game 3 of the NBA Western Conference Semifinals against the Houston Rockets at Staples Center.Los Angeles Clippers head coach Doc Rivers said prior to tipoff that Paul, who missed the first two games of the series in Houston, would be in the lineup, but will face “restricted minutes.” Paul will probably be limited to about 20 minutes, according to Rivers.last_img