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Skandia Cowes Week Day six news round-upThe Black Groups (excluding Class 0 to 3) The blustery conditions today certainly favoured the outstanding performer of Class 4 IRC, the Harry Evans chartered Alvine Jacobite who pulled into the lead straight after the start and led Jim Macgregor's Flair IV down to the first mark off the Hill Head shoreline. Alvine Jacobite used her 48 foot overall length to great effect around a course just shy of 18 miles and recorded her fifth straight win of the regatta and looks certain for the overall class crown. However at the top of the Black Group standings going into the final two days of racing is the Class 5 IRC leader Winsome of Harry Heijst who again scored a victory today to take his tally for the regatta to five race wins. Heijst has been the class act of the fleet as he warms up for next week's RORC Round Britain and Ireland Race and has brought this well-prepared Sparkman & Stephens designed one-off to the regatta in tip-top condition with a superb crew. read more. Bahrain blaze survivors to sue firmDubai: The survivors of Sunday's labour-camp fire in Bahrain, in which 17 Indian workers lost their lives and nine were injured, have decided to file a class action civil suit against their employer, the Royal Tower Construction Company. The survivors have refused to go back to work unless the company improves their living conditions, according to a report in the Gulf Daily News newspaper.The case would be in addition to criminal charges that are expected to be pressed against the company, the report quoted India's Ambassador to Bahrain Balkrishna Shetty as saying.The workers' case could lead to payout of hundreds of thousands of Bahraini dinars by the company to the workers, he said."Investigations are now under way by the public prosecutor to ascertain whether there was criminal intent and charges are expected to be filed in a few days," Shetty told a press conference. read more. Kerala CM express hope on Smart City projectAn agreement with Dubai Internet City (DIC) for setting up the controversial 'Smart City' project in Kochi could be finalised within a month, state Chief Minister V S Achuthanandan said. "Both sides are hopeful that an agreement could be possible in a month," Achuthanandan told reporters here after holding talks with the DIC representatives here. Asked whether the project would be on joint venture basis as suggested by the previous UDF government, Achuthanandan said options were open in this regard. "DIC could implement the project on their own," he added. Talks with DIC were similar to the ones the government was holding with other major IT companies, he said, adding many IT majors have shown interest in setting up their arms in Kochi, considering the strategic importance of the city. read more. Four Gulf nations to help build Pakistan's first 7-star hotelKarachi: Four Gulf nations - Saudi Arabia, Kuwait, Qatar and Oman - will collaborate with Karachi's civic authorities to build Pakistan's first seven-star luxury hotel in this port city.Even as this project would be initiated on built, operate and transfer (BOT) basis, more such projects are in the pipeline, reports here said.The hotel would be built along with a world class shopping plaza and multi-storey residential and commercial centres.The construction work of these projects will start this year.The MoU was inked by Fazlur Rehman for Karachi authority and consul generals of the four Gulf nations. . read more. Gulf Navigation Holding signs Dh145m ship dealDubai: Gulf Navigation Holding (GNH), the region's rapidly growing oil and chemical carrier, and ST Shipping and Trading have signed a charter agreement for three ships at an approximate value of $40 million (Dh145 million). ST Shipping and Trading is the shipping arm of Switzerland-based Glencore, one of the largest oil trading houses in the world. Under the terms of the agreement, GNH will time-charter two ships to ST Shipping and Trading for up to two years under long-term fixed rate employment, and a third at a floating market rate with a fixed minimum charter rate. The process for delivery of the three vessels will be completed in the next few days. The vessels are double hull with a deadweight of 48,000 metric tonnes each and have a liquid capacity of about 50,000 cubic metres. read more. Groundwork advancing at King Abdullah Economic CityEmaar the Economic City (EEC), a consortium headed by global real estate major Emaar Properties PJSC and a number of high profile investors from Saudi Arabia, has made rapid progress on ground and site work for its flagship development in Saudi Arabia, the King Abdullah Economic City (KAEC). . read more. Kerala CM express hope on Smart City projectAn agreement with Dubai Internet City (DIC) for setting up the controversial 'Smart City' project in Kochi could be finalised within a month, state Chief Minister V S Achuthanandan said. "Both sides are hopeful that an agreement could be possible in a month," Achuthanandan told reporters here after holding talks with the DIC representatives here. Asked whether the project would be on joint venture basis as suggested by the previous UDF government, Achuthanandan said options were open in this regard. "DIC could implement the project on their own," he added. Talks with DIC were similar to the ones the government was holding with other major IT companies, he said, adding many IT majors have shown interest in setting up their arms in Kochi, considering the strategic importance of the city. read more.Your curiosity in this exceptional subject matter probably began due to advertising. 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