zoom Singapore-based bulk carrier and chemical tanker owner and operator IMC Holdings Limited has signed USD 60 million worth of buyer’s credit agreements with the Japan Bank for International Cooperation (JBIC) to fund the purchase of two 64,400 dwt and two 64,300 dwt multipurpose vessels, to be built by Japan’s Oshima Shipbuilding.These loans are co-financed by Citibank Japan Ltd and BNP Paribas, Tokyo Branch, bringing the overall co-financing amount to USD 120 million for the four vessels, with Nippon Export and Investment Insurance (NEXI) providing insurance for the portion co-financed by the commercial financial institutions.JBIC said that the loans are intended to support the export of ships built in the Japanese shipyard that performs a significant role in the regional economy and associated industries, including their mid-tier enterprises and small and medium-sized enterprises (SMEs), thus maintaining and strengthening the international competitiveness of the Japanese shipbuilding industry.”As Japan’s policy-based financial institution, JBIC will continue to support the export of ships built in Japanese shipyards in partnership with the Shipbuilders’ Association of Japan by drawing on its various financial facilities and schemes for structuring projects and performing its risk-assuming function,” JBIC said.
Ian Mcgeechan celebrates with physio Craig White after winning the third Lions test against South Africa (2009)Ian McGeechan weighed a puny 10½ st when he made his Headingley debut in 1964 and he was once mistaken for someone’s son when boarding the Yorkshire team bus. Yet is there a bigger giant of the game? writes deputy editor Alan Pearey.The Scottish Yorkshireman went on seven Lions tours, four of them as head coach, and produced the blueprint on which all tours of length should be based: one team, one goal, one hell of an experience. His tactical powers, as illustrated on his favourite Lions tour of 1997 when he nullified Henry Honiball, have always stood him above the rest. But his strength of will was also exceptional: he was a terrific cricketer and once, batting at eight, he defied a table-topping attack for 38 overs to earn a crucial draw for his team. Only four runs were scored in that time.The subject of his Carnegie College dissertation, the invincible 1967 New Zealand team, tells you that his analytical mind was ticking from a young age. But it took a picture of Jonathan Davies defending against a wall of All Blacks in 1988 to reinforce his principle of the ‘cone’ attack, which shaped his thinking for the next two decades. Northampton, Wasps, Scotland and the Lions were the main beneficiaries.He says the best advice he ever got came from a teacher at college. “After 20 years, make sure you’ve got 20 years’ experience, not one year’s experience that you’ve repeated 20 times.”Despite some repetition, McGeechan’s story is told with customary panache by Stephen Jones, and the fact Geech has so few unkind words to say – David Burcher, Will Carling, Laurie Mains and Brand Haskell may beg to differ – is a reflection of his forgiving nature. He will soon be back!RW RATING 5/5 Or perhaps you’d like a digital version of the magazine delivered direct to your PC, MAC or Ipad? If so click here. BUY IT AT: amazon.co.uk RRP: £18.99 PUBLISHER: Simon & SchusterGot a rugby book or DVD you’d like us to review in the Armchair Zone? Email email@example.comThis article appeared in the December 2009 issue of Rugby World MagazineDo you want to buy the issue of Rugby World in which this article appeared? Back Issues Contact John Denton Services at 01733-385-170 visit http://mags-uk.com/ipc LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS