Nanotechnology and the Fight Against COVID-19 – AZoNano

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As the quest for a COVID-19 vaccine continues, researchers working in other areas of science such as nanotechnology have joined the battle against thevirus.

In addition to being responsible for hundreds of thousands of deaths, the COVID-19 crisis has mobilized the scientific community in a way that no other situation has before. Multiple disciplines are currently researching the virus, whether this be developing diagnosis and treatment methods, or a modality to slow its spread.

Nanotechnology is being prepared for deployment in the fight against COVID-19 in a wide range of areas. A new paper published in the journal ACS Nano looks at the different ways in which nanotechnology will be used, with the authors describing the use of nanotech in fields as diverse as virology, biology, medicine, engineering, chemistry, materials science, and computational science.

The nanotechnology breakthroughs made in the coming months and years should not just bolster the resistance against COVID-19, but also help in the fight against other viruses, bacteria, and pathogens.

The authors of the study identified four key stages at which nanotechnology could be introduced to help the battle against COVID-19:

What follows is a rundown of the methods being developed that could be employed in future pandemics and epidemics, possibly preventing them from reaching global crisis status.

The ongoing COVID-19 crisis does not mark the first time that nanomaterials have been highlighted for their ability to limit the spread of viruses. Surfaces coated with polymers containing nanoparticles of metals such as copper can release metal ions, which are known for their antiviral activity and have already been suggested for use in certain areas. The widespread nature of the COVID-19 crisis calls for a corresponding widespread application of such measures.

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Nanotechnology offers a safer alternative to the use of toxic chemicals such as disinfectants in medical settings. Such coatings are far more convenient than other non-toxic disinfectant measures such as irradiation with ultraviolet (UV) light. These nanomaterial coatings and alloys confer antiviral and antibacterial properties through the release of ions, which disrupt the operation of living cells.

One of the key difficulties in tackling COVID-19 is its hardiness and ability to survive on a variety of surfaces for prolonged periods often days on end. The beauty of a nanomaterial coating is that it could provide protection continuously after just one treatment. This is especially true if the material can be structured in such a way that the release of ions is gradual. Self-disinfecting surfaces would be of great use even after the COVID-19 crisis is over.

Silver, copper and zinc all show intrinsic antimicrobial properties and are already used in medical equipment and healthcare settings.

In unison with our growing understanding of bacteria and viruses, silver nanoparticles have found their way into commercial products such as silver zeolites in paints, and in food trays as a biocide, with the antiviral efficiency of silver nanoparticles demonstrated against a variety of viruses, including HIV-1.

Copper was shown to be effective against polio in the late 1970s and, more recently, was of great use in combating another coronavirus, HuCoV-229E. The virus, which typically lives for around six days on a surface, became inactive in approximately 60 minutes on surfaces coated with copper alloys. The similarity between HuCoV-229E and SARS-CoV-2 points to copper nanoparticles and alloy coatings being a key-player in slowing, if not stopping, the spread.

The authors suggest that copper alloys could also find themselves replacing more traditional stainless steel surfaces and appliances in medical settings as a result of this non-toxic antibacterial agency.

Nanomaterials are also employed in the production of vitally import personal protective equipment (PPE) to help reduce the spread of COVID-19 to frontline medical workers. In particular, nanomaterials could be used in facemasks and other PPE to capture and immobilize viral cells. This task would likely fall upon silver nanoparticles, which have been shown effective in this respect, severely limiting viral activity when loaded into filters.

Find out more about nanomaterials in several industries

However, even if the spread of COVID-19 can be slowed by such coatings and a switch to copper alloys, another vital step in combating COVID-19 is efficient testing and diagnosis. Fortunately, nanomaterials are on hand to aid in this regard too.

The SARS-CoV-2 virus cannot be eliminated from all surfaces, and not all surfaces can be coated with a nanomaterial layer. This means that even with such measures, the transmission is very likely to continue. Therefore, the next step in slowing the spread is the quick and effective diagnosis of those already infected.

The current testing methodology for COVID-19 involves the use of a swab applied to the throat and nasal passage of a potential patient. This swab is then analyzed using a reverse transcription-polymerase chain reaction (RT-PCR) testa procedure used in virology to test for the presence of specific RNA. The use of nanoparticles, however, could provide a more immediate on-site test result without the need to send samples away for lab analysis or the need for expensive equipment.

The principle behind the application is the binding of gold nanoparticles with antibodies and is in its very early planning stages. In the presence of further antibodies collected from the patient, the nanoparticles cluster, shifting the color of the test swab from blue to red. This provides an immediate indication of infection. A test of this nature could be of particular use in developing countries and regions of the world with little to no medical infrastructure.

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Another alternative to the currently favored RT-PCR test is graphene-based field-effect transistors (FET), which are biosensing devices coupled to a specific antibody against SARS-CoV-2 spike protein. Again, this would be another method of on-site detection of COVID-19 that is cost-effective and delivers a rapid result.

Gold nanoparticles can also be used in nano biosensors, which combine the excellent electrical and optical properties of nanomaterials with biological or synthetic molecules used as receptors to detect specific whole viral cells selectively. This cell-sensing device is based on the reaction of cell surface proteins with specific antibodies conjugated to gold nanoparticles taking advantage of the known antigens and available antibodies.

It should be noted that this is a field in its relative infancy, but any developments spearheaded in response to the COVID-19 crisis could be carried forward to future epidemics and pandemics.

The rapid spread of COVID-19 and the relative failure to tackle it has exposed a weakness in medicine: the lack of a broad-spectrum antiviral drug. That means that when a new virus emerges, there is little in the way of medical intervention that can be done to mitigate the spread. Therefore, drugs that could tackle both COVID-19 and future viruses are of the utmost importance.

Though other organs can be affected, the main target of COVID-19 once inside the body of a sufferer is the respiratory system. In particular, the virus targets the upper respiratory tract and the lungs, with the latter being the most critically affected area. Therefore, the review paper focuses on methods that seek to inactivate the virus in the deep-lung.

Airborne nanomaterials can penetrate the deep-lung, delivering medicine directly to the cells that SARS-CoV-2 uses to spread further into a patients system. Nanomedicine is currently being heavily researched in terms of providing drugs and using beneficial proteins via aerosol nano-devices.

A general antiviral nanomaterial intervention could work by preventing viruses from interacting with and binding to cell membranes. Previous work has shown that this could possibly be achieved by a wealth of nanomaterials such as polymers, liposomes, and small molecules.

However, the implementation of these methods via aerosol has been hampered by the necessary dilution of these nanomaterials, which negatively impacts their effectiveness. This loss of efficiency allows virus cells to begin replication again.

This setback can be combated by nanoparticles that, after introduction to a patients lungs or other organs, attack the virion the infective form of a virus outside a host cellpermanently damaging it and stopping replication.

A specific COVID-19 drug administered in a similar way to the general antiviral treatment discussed above could be created by engineering it to block the S spike protein from interacting with the ACE2 receptor.

Part of the key to saving the lives of COVID-19 patients may not just hinge on attacking the virus, but limiting the bodys response to it.

As a result of the COVID-19 crisis, many more people are familiar with the phrase Cytokine Storm. Cytokine storms are associated with a wide variety of infectious and noninfectious diseases, in particular the H1N1 influenza strain. The term itself summons images of a terrible and violent reaction within the patients body, arising from their excessive immune response.

Although a well-regulated cytokine response that is rapidly triggered by the hosts innate immunity can serve to prevent and counteract infection, an excessive, unbalanced and prolonged immune response can seriously harm the body.

In many COVID-19 cases, this inflammatory storm is responsible for acute respiratory distress syndrome (ARDS), which is often associated with multiple organ failure and a leading cause of death in critical patients.

Nanomaterials have been used to adjust the immune response, bringing it to an optimal level, and could be used to limit the cytokine storm. This can be done in a number of ways.

Firstly, nanotechnology can deliver immunosuppressants to target immune cells and organs, leading to reductions in drug dose, drug distribution to non-target tissues and organs, and, in-turn, unwanted side effects.

Secondly, nanotools can be explicitly designed to evade the immune system and finely tune the patients system to receive a high drug load that could otherwise trigger a harmful immune response.

With regards to COVID-19 specifically, the authors of the review point to the use of nanodiamonds to reduce macrophage infiltrationa process linked to inflammation.

How Could Polymer Nanoparticles Slow the Spread of COVID-19?

COVID-19 has presented the scientific community with the kind of challenge it has perhaps never had to face before, but it has also created the awareness that this situation could arise again.

The nanotech advancements described, while being engineered in response to this current crisis, are designed by scientists with an eye to the future and the next potential pandemic.

The authors of the review paper have a message to the general public, policy-makers, politicians, and the scientific community: we must stop thinking of human health as an isolated phenomenon. Instead, we have to embrace the concept of one health with understanding that our well-being is intrinsically and irreversibly linked with the ecosystems we inhabit.

The field of nanotechnology points towards the benefits of adopting a holistic and inclusive attitude, spreading across so many aspects of science and bringing together scientists from diverse backgrounds, all converging on a multifaceted solution to a crisis that threatens our very way of life.

The study of nanotechnology could emerge such big ideas with the capability of changing the world.

Using Nanotechnology to Identify those Most at Risk from COVID-19

Weiss, C., Carriere, M., Fusco, L., et al. (2020) Toward Nanotechnology-Enabled Approaches against the COVID-19 Pandemic. ACS Nano.https://doi.org/10.1021/acsnano.0c03697.

Lea, R. (2020) The Development of a New Anti-COVID-19 Nanocoating. [Online] AZO Nano. Available at: https://www.azonano.com/news.aspx?newsID=37294.

Lea. R. (2020) Graphene-Based Masks Launched to Combat COVID-19. [Online] AZO Nano. Available at: https://www.azonano.com/news.aspx?newsID=37431.

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

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Nanotechnology and the Fight Against COVID-19 - AZoNano

COVID-19 Impacts: Scanning Electron Microscope Market Will Accelerate at a CAGR of almost 8% through 2020-2024 | Increasing Focus on Nanotechnology to…

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the scanning electron microscope market and it is poised to grow by USD 727.60 million during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advantest Corp., Carl Zeiss AG, Danaher Corp., DELONG INSTRUMENTS AS, Hitachi High-Technologies Corp., JEOL Ltd., Keysight Technologies Inc., Nikon Corp., TESCAN ORSAY HOLDING AS, and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing focus on nanotechnology has been instrumental in driving the growth of the market.

Scanning Electron Microscope Market 2020-2024: Segmentation

Scanning Electron Microscope Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40449

Scanning Electron Microscope Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our scanning electron microscope market report covers the following areas:

This study identifies the emergence of containerized data centers as one of the prime reasons driving the scanning electron microscope market growth during the next few years.

Scanning Electron Microscope Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the scanning electron microscope market, including some of the vendors such as Advantest Corp., Carl Zeiss AG, Danaher Corp., DELONG INSTRUMENTS AS, Hitachi High-Technologies Corp., JEOL Ltd., Keysight Technologies Inc., Nikon Corp., TESCAN ORSAY HOLDING AS, and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the scanning electron microscope market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Scanning Electron Microscope Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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COVID-19 Impacts: Scanning Electron Microscope Market Will Accelerate at a CAGR of almost 8% through 2020-2024 | Increasing Focus on Nanotechnology to...

Plus Therapeutics Reports Second Quarter 2020 Financial and Business Results – BioSpace

AUSTIN, Texas, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Plus Therapeutics, Inc. (Nasdaq:PSTV) (the Company), today announced financial and business results for its Second Quarter Fiscal Year 2020 ended June 30, 2020.

Q2 2020 net loss was $1.8 million, or $0.45 per share, including payments to NanoTx LLC of $0.78 million. Net cash used in operating activities for the six months ended June 30, 2020 was approximately $2.9 million. Plus Therapeutics ended Q2 2020 with approximately $9.3 million of cash and cash equivalents.

The Plus Therapeutics portfolio has three clinical-stage injectable drugs being developed on a unique nanotechnology platform designed to provide patient benefits through improved formulation and delivery innovation. The Company believes the platform can enable significant potential enhancements of safety, efficacy and convenience for oncology patients and their health providers compared to current standards of care.

The lead investigational drug in the Companys licensed radiotherapeutic portfolio is Rhenium NanoLiposomes (RNL), a nanoliposome-encapsulated radionuclide for several cancer targets. Initially being developed for the treatment of recurrent glioblastoma, RNL is being evaluated in the U.S. NIH/NCI-supported, multi-center ReSPECT Phase 1 dose-finding clinical trial (NCT01906385). RNL is designed to safely, effectively, and conveniently deliver a very high dose of radiation directly into the brain tumor that is up to 25 times greater than that currently being given to recurrent glioblastoma patients using external beam radiation therapy.

H2 2020 Business Expansion Outlook

The first half of Fiscal Year 2020 marked the successful implementation of the Companys refined development focus, initial pipeline expansion and optimized cost structure. In the second half of Fiscal Year 2020, the Company intends to focus on a number of additional business objectives and potential milestones:

Following the close of our most recent in-licensing transaction, we have made steady progress in expediting the ReSPECT trial, said Dr. Marc Hedrick, President and Chief Executive Officer of Plus Therapeutics. The second half of 2020 includes the prospect of further significant advancement for our RNL program-- and for the Company. We believe RNL has the potential of improving brain tumor therapy and that of other difficult to treat radiosensitive tumors.

Q2 2020 Financial Highlights

Investor Call Today at 5 p.m. EDT

The Company plans to hold a conference call and live audio webcast today at 5:00 PM Eastern Time to discuss its financial results and provide a general business update.

About Plus Therapeutics, Inc.

Plus Therapeutics (Nasdaq: PSTV) is a clinical-stage pharmaceutical company whose radiotherapeutic portfolio is concentrated on nanoliposome-encapsulated radionuclides for several cancer targets. Central to the Companys drug development is a unique nanotechnology platform designed to reformulate, deliver and commercialize multiple drugs targeting rare cancers and other diseases. The platform is designed to facilitate new delivery approaches and/or formulations of safe and effective, injectable drugs, potentially enhancing the safety, efficacy and convenience for patients and healthcare providers. More information may be found atwww.plustherapeutics.com and http://www.respect-trials.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that may be deemed forward-looking statements within the meaning of U.S. securities laws. All statements in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements may be identified by future verbs, as well as terms such as will, believe, plan, can, enable, design, intend, potential, expect, estimate, project, prospect, target, focus, anticipate, could, should, and similar expressions or the negatives thereof. Such statements are based upon certain assumptions and assessments made by management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. These statements include, without limitation, statements regarding the following: the design and potential of the Plus Therapeutics portfolio to reformulate, deliver and commercialize multiple novel, proprietary drugs targeting rare cancers and other diseases and to facilitate new delivery approaches and/or formulations of safe and effective, injectable drugs; the Companys belief as to the platforms capacity to leverage new delivery approaches and/or formulations to enable significant potential enhancements of safety, efficacy and convenience for patients and healthcare providers; the potential of the Companys portfolio generally, and the potential of RNL to safely and effectively deliver a dose of radiation directly to the tumor up to 25 times greater than that currently being given to patients using external beam radiation therapy; the Companys belief as to the potential of RNL to improve brain tumor therapy and that of other difficult to treat radiosensitive tumors; the timing, status, outcome, and anticipated expansion of clinical trials for RNL, including the planned initiation of an additional Phase 1 study and enrollment at additional sites, and the anticipated timing thereof; the Companys business expansion outlook for the second half of 2020, including its intended focus on certain additional business expansion milestones; the Companys expectations regarding the progress and prospect of advancement for the Company, RNL, and the Companys portfolio during the second half of 2020; and the potential impact of the COVID-19 pandemic on the Company and its clinical programs, operating results, and financial condition. The forward-looking statements included in this press release are subject to a number of risks and uncertainties that may cause actual results to differ materially from those discussed in such forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the Company is not able to successfully develop product candidates that can leverage the U.S. FDAs accelerated regulatory pathways; the early stage of the Companys product candidates and therapies, the results of its research and development activities, including uncertainties relating to the clinical trials of its product candidates and therapies; the Companys history of losses; the Companys need for, and ability to raise, additional cash or obtain other sources of funding; the Companys ability to: (a) obtain and maintain regulatory approvals, (b) continue as a going concern, (c) remain listed on the Nasdaq Capital Market, (d) to obtain or maintain sufficient levels of reimbursement for its tests, and (d) to repay or refinance some or all of its outstanding indebtedness; the outcome of the Companys partnering/licensing efforts; market and economic conditions; the impact of the COVID-19 pandemic on the Company and the effectiveness of the efforts it has taken or may take in the future in response thereto; and additional risks described under the heading Risk Factors in the Companys Securities and Exchange Commission filings, including in the Companys annual and quarterly reports. There may be events in the future that the Company is unable to predict, or over which it has no control, and its business, financial condition, results of operations and prospects may change in the future. The Company assumes no responsibility to update or revise any forward-looking statements to reflect events, trends or circumstances after the date they are made unless the Company has an obligation under U.S. federal securities laws to do so.

Contact:Plus Therapeutics, Inc.Andrew SimsVP Chief Financial Officer, Investor RelationsPhone: +1.619.333.4150Email:ir@plustherapeutics.comCorporate Website:plustherapeutics.comClinical Website: respect-trials.com

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Plus Therapeutics Reports Second Quarter 2020 Financial and Business Results - BioSpace

Global Nanotechnology in Medical Devices Market Is Set for a Rapid Growth and is Expected to Reach USD Billion by 2027: Stryker Corporation , 3M…

Global "Nanotechnology in Medical Devices Market" research report has all the necessary vital details asked by the clients or any audiences in terms of market advantages or disadvantages and future market scope all mentioned in a very crystal clear manner. The report eloquently mentioned all the information regarding market competitors, growth rate, revenue ups and downs, regional players, industrial players, and applications. Even the most measly information depicting market figures are comprehensively analyzed and before being presented to the clients. The industrial players Stryker Corporation (U.S.), 3M Company (U.S.), St. Jude Medical, Inc. (U.S.), Affymetrix, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Starkey Hearing Technologies (U.S.), Smith & Nephew plc (U.K.)., Dentsply International, Mitsui Chemicals, Inc., AAP Implantate AG are all provided so as to make it easier for the audiences to understand the market growth rate. The current Nanotechnology in Medical Devices market research report has demonstrated all the vital market growth factors and economic fluctuations mentioned owing to the immense attention gained in recent years.

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Chapter 1, Definition, Specifications and Classification of Nanotechnology in Medical Devices , Applications of Nanotechnology in Medical Devices , Market Segment by Regions;Chapter 2, Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;Chapter 3, Technical Data and Manufacturing Plants Analysis of Nanotechnology in Medical Devices , Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);Chapter 5 and 6, Regional Market Analysis that includes United States, China, Europe, Japan, Korea & Taiwan, Nanotechnology in Medical Devices Segment Market Analysis (by Type);Chapter 7 and 8, The Nanotechnology in Medical Devices Segment Market Analysis (by Application) Major Manufacturers Analysis of Nanotechnology in Medical Devices ;Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Active Implantable Medical Devices, Biochip, Portable Material, Market Trend by Application Treatment Using, Diagnostic Using, Research Using;Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;Chapter 11, The Consumers Analysis of Global Nanotechnology in Medical Devices ;Chapter 12, Nanotechnology in Medical Devices Research Findings and Conclusion, Appendix, methodology and data source;Chapter 13, 14 and 15, Nanotechnology in Medical Devices sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Global Nanotechnology in Medical Devices Market Is Set for a Rapid Growth and is Expected to Reach USD Billion by 2027: Stryker Corporation , 3M...

IIT Guwahati becomes the first institute to produce Covid-19 diagnostic kits – Deccan Herald

The Indian Institute of Technology Guwahati (IITG) along with RR Animal Healthcare Ltd. has jointly developed affordable Covid-19 related diagnostic kits and already supplied to Assam health department.

A statement issued by IITG said it became the first institute in the country to demonstrate an efficient model to develop import-substitute Covid-19 kits from lab-scale to prototype level, field/hospital testing and commercialising thereby saving valuable foreign exchange for the country, timely delivery and customising as per the needs of the user.

"These kits, being developed presently at the Center of Nanotechnology, IIT Guwahati, are now supplied regularly in large quantities to the National Health Mission, Assam and several hospitals across the country," it said.

For latest updates on coronavirus outbreak, click here

Initially, these included the ICMR approved SPILD Viral Transport Media (VTM) Kits. Over the past several months, with the lockdown being implemented across the country and with very less air connectivity, acquiring large quantities of Covid-19 kits became very difficult.

To overcome this crisis, the National Health Mission, Assam had approached Prof. T. G. Sitharam, director, IIT Guwahati, with a request to develop VVTM kits, RNA extraction kits and RT-PCR kits and help the state government in their efforts to overcome this shortage.

IIT Guwahati immediately took up this challenge and strategised to develop these kits in-house to meet the growing requirement of these kits during this time of Covid-19 pandemic, said the statement.

The IITG said more than 2.5 Lakhs VTM kits have already been supplied to NHM, Assam. Several testing laboratories across the country have also started procuring these import substitute kits due to their high quality, affordable price and timely delivery schedules.

"The performance of the indigenously developed RNA extraction kits have also been highly satisfactory as per the Guwahati Medical College and Hospital and the institute has started supplying these RNA extraction kits in large quantities to the state government. Similarly, the indigenously developed RT-PCR kits are being validated presently and the production, as well as supply of these kits is likely to commence soon," it said.

These affordable and sterile SPILD Viral VTM kits, RT-PCR kits and RNA isolation kits have been developed at the Center for Nanotechnology, IIT Guwahati, jointly with RR Animal Healthcare Ltd. with inputs from GMCH by the research teams led by Prof. Parameswar Krishnan Iyer, Prof. Siddhartha Sankar Ghosh from IIT Guwahati and Dr Labanyamoy Kole and Dr Debashish Dutta of RR Animal Healthcare.

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IIT Guwahati becomes the first institute to produce Covid-19 diagnostic kits - Deccan Herald

Global Tactical and Outdoor Clothing Market 2020-2024: Smart Technologies and Flame-Resistant Tactical Clothing Key Growth Factors – PRNewswire

DUBLIN, Aug. 10, 2020 /PRNewswire/ -- The "Global Tactical and Outdoor Clothing Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The tactical and outdoor clothing market is forecast to show significant growth during the period 2020-2024. This research analyzes the current global market scenario, latest drivers and restraints to provide current market analysis as well as expected market situation in future.

The geographic regions covered in the global tactical and outdoor clothing market includes: North America, South America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA)

Evolution of protective and nanotechnology clothing is recognized as one of the key driving factor for tactical and outdoor clothing market growth over the forecast period.

Smart technologies in tactical and outdoor clothing, and emergence of flame-resistant tactical clothing, will be some of the other factors impacting the market growth.

To strengthen their market position, many vendors are increasing investment. The investments are targeted to increase capacity or improve distribution network and logistics & warehousing. Based on detailed study of the market, vendors product offering and their geographical presence. Decathlon, Luxottica Group (Oakley), Propper, and Under Armour were identified as some of the prominent players in this market.

The 2020-2024 report on global tactical and outdoor clothing market provides:

Key Topics Covered:

1 Executive Summary

2 Market Landscape2.1 Market Ecosystem2.2 Market Characteristics2.3 Value Chain Analysis

3 Market Sizing3.1 Market Definition3.2 Market Segmentation Analysis3.3 Market Size 20193.4 Market Outlook: Forecast 2019-2024

4 Five Forces Analysis4.1 Bargaining Power of Buyers4.2 Bargaining Power of Suppliers4.3 Threat of New Entrants4.4 Threat of Substitutes4.5 Threat of Rivalry4.6 Market Condition

5 Market Segmentation

6 Customer Landscape

7 Geographic Landscape7.1 Geographic Segmentation7.2 Geographic Comparison7.3 Europe - Market Size and Forecast 2019-20247.4 North America - Market Size and Forecast 2019-20247.5 APAC - Market Size and Forecast 2019-20247.6 South America - Market Size and Forecast 2019-20247.7 MEA - Market Size and Forecast 2019-20247.8 Key Leading Countries7.9 Market Opportunity

8 Drivers, Challenges and Trends8.1 Market Drivers8.2 Market Challenges8.3 Market Trends

9 Vendor landscape9.1 Overview9.2 Landscape Disruption

10 Vendor Analysis10.1 Vendors Covered10.2 Market Positioning of Vendors

11 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/6ie97w

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Global Tactical and Outdoor Clothing Market 2020-2024: Smart Technologies and Flame-Resistant Tactical Clothing Key Growth Factors - PRNewswire

Electronic components join forces to take up 10 times less space on computer chips – University of Illinois News

CHAMPAIGN, Ill. Electronic filters are essential to the inner workings of our phones and other wireless devices. They eliminate or enhance specific input signals to achieve the desired output signals. They are essential, but take up space on the chips that researchers are on a constant quest to make smaller. A new study demonstrates the successful integration of the individual elements that make up electronic filters onto a single component, significantly reducing the amount of space taken up by the device.

Researchers at the University of Illinois, Urbana-Champaign have ditched the conventional 2D on-chip lumped or distributed filter network design composed of separate inductors and capacitors for a single, space-saving 3D rolled membrane that contains both independently designed elements.

The results of the study, led by electrical and computer engineering professor Xiuling Li, are published in the journal Advanced Functional Materials.

With the success that our team has had on rolled inductors and capacitors, it makes sense to take advantage of the 2D to 3D self-assembly nature of this fabrication process to integrate these different components onto a single self-rolling and space-saving device, Li said.

In the lab, the team uses a specialized etching and lithography process to pattern 2D circuitry onto very thin membranes. In the circuit, they join the capacitors and inductors together and with ground or signal lines, all in a single plane. The multilayer membrane can then be rolled into a thin tube and placed onto a chip, the researchers said.

The device-fabrication process includes the deposition of metals by electron-beam evaporation and lithography to define the metal pattern and etching process. The final etching step then triggers the self-rolling process of the stacked membrane.

Graphic courtesy Xiuling Li

The patterns, or masks, we use to form the circuitry on the 2D membrane layers can be tuned to achieve whatever kind of electrical interactions we need for a particular device, said graduate student and co-author Mark Kraman. Experimenting with different filter designs is relatively simple using this technique because we only need to modify that mask structure when we want to make changes.

The team tested the performance of the rolled components and found that under the current design, the filters were suitable for applications in the 1-10 gigahertz frequency range, the researchers said. While the designs are targeted for use in radio frequency communications systems, the team posits that other frequencies, including in the megahertz range, are also possible based on their ability to achieve high power inductors in past research.

We worked with several simple filter designs, but theoretically we can make any filter network combination using the same process steps, said graduate student and lead author Mike Yang. We took what was already out there to provide a new, easier platform to lump these components together closer than ever.

Our way of integrating inductors and capacitors monolithically could bring passive electronic circuit integration to a whole new level, Li said. There is practically no limit to the complexity or configuration of circuits that can be made in this manner, all with one mask set.

Professor Pingfeng Wang and postdoctoral researcher Zhuoyuan Zheng, of industrial and enterprise systems engineering; professors Yang Shao, Songbin Gong and student Jialiang Zhang, of electrical and computer engineering; and professor Wen Huang and graduate student Haojie Zhao, from Hefei University of Technology, China; also contributed to this study.

The National Science Foundation and the Jiangsu Industrial Technology Research Institute, China, supported this research.

Li is the interim director of theHolonyak Micro and Nanotechnology Laboratory and also is affiliated with mechanical science and engineering, the Materials Research Laboratory and theBeckman Institute for Advanced Science and Technologyat the U. of I.

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Electronic components join forces to take up 10 times less space on computer chips - University of Illinois News

IIT Delhi, OUAT Bhubaneswar Sign MoU for Strengthening Research & Education in Cutting Edge Areas of Agriculture and Allied Subjects – India…

New Delhi: Indian Institute of Technology (IIT) Delhi and Odisha University of Agriculture and Technology (OUAT), Bhubaneswar have signed a Memorandum of Understanding (MoU) to generate frontier technologies and produce quality human resources in the field of agricultural research and education for addressing the challenges faced by the rural communities and improving their quality of life.

OUAT, Bhubaneswar and IIT Delhi would work jointly in the field of Sensor Application in Agriculture, Precision Farming, Geospatial Technology, Nanotechnology, Biotechnology, and related aspects of agriculture, leading to the creation of rural livelihood opportunities.There will be a strengthening of faculty/ scientists through exchange programmes and the use of laboratories of both the organisations.

The MoU was signed by Prof. V. Ramgopal Rao, Director, IIT Delhi and Dr. Pawan Kumar Agrawal, Vice-Chancellor, OUAT Bhubaneswar.

After signing the MoU, Dr. P.K. Agrawal, Vice-Chancellor, OUAT expressed that this collaboration will create new avenues for interdisciplinary research with the involvement of scientists from OUAT and IIT Delhi.

Speaking of the MoU, Prof. Rao, Director, IIT Delhi said, As part of IIT Delhis resolve to strengthen the rural economy through technology interventions, the institute is closely working with multiple ICAR laboratories on a variety of agricultural problems. Through this collaborative agreement with OUAT, we hope to also initiate multiple funded projects between IIT Delhi and OUAT faculty under IIT Delhis Faculty Interdisciplinary Research Programme (FIRP).

The academic and research collaborations between OUAT and IIT Delhi especially in the areas of sensor based agricultural technologies, nanotechnology and biotechnology applications will develop strategies and modern techniques for meeting current challenges faced by agricultural sectors, said Prof. Sunil Kr. Khare, Dean, R&D, IIT Delhi.

There will also be a joint venture to operate research projects having a common interest in both the institutions.

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IIT Delhi, OUAT Bhubaneswar Sign MoU for Strengthening Research & Education in Cutting Edge Areas of Agriculture and Allied Subjects - India...

Conservation officer rescues two men stranded offshore of Drummond Island – HollandSentinel.com

Two stranded men from Chicago repeatedly expressed their gratitude to Michigan Department of Natural Resources Conservation Officer Todd Sumbera after he rescued them from rough water near Drummond Island Friday afternoon.

Sumbera was conducting marine patrol offshore in Chippewa County, north of Drummond Island, west of Harbor Island, at approximately 1:43 p.m. when he saw two people in the water clinging to an overturned personal watercraft.

As Sumbera approached, he identified himself as a conservation officer there to help. The younger of the two, a 41-year-old man who didn't know how to swim, was panicked and exhausted, saying, "Thank God." Both men were improperly wearing torn life jackets and had been in the water for about 10 minutes.

"Im happy that Sumbera safely returned the men to shore in what could have been a much worse situation had the men not been wearing life jackets," said Chief Gary Hagler, DNR Law Enforcement Division. "This is an example of how wearing a life jacket can save a life."

After Sumbera helped the men onto his patrol vessel, he determined both to be in stable condition.

The older man, 64, told Sumbera that they had never operated a personal watercraft before and the high winds and rough water "swamped them extremely fast" when they put the watercraft in reverse.

Sumbera towed the waterlogged watercraft back to the Drummond Island Yacht Haven and returned the two men to shore. He advised the men to obtain and use properly fitting, well-maintained life jackets before their next adventure.

There have been several drownings and near-drownings in Michigan this summer. If your plans include time on the water, please refer to the DNR website for important tips on boating and Great Lakes beach safety.

Michigan conservation officers are fully commissioned state peace officers who provide natural resources protection, ensure recreational safety and protect residents by providing general law enforcement duties and lifesaving operations in the communities they serve. Learn more at Michigan.gov/ConservationOfficers.

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UK offshore wind becomes cheaper than nuclear and gas – The Energyst

rsteds wind farm at Hornsey

The Imperial College London conducted a study where it shows that the UK offshore wind generation costs have significantly declined in the last few years, bringing in the plausibility of the sector soon being subsidy negative as per their contract for difference (CfD). GlobalData anticipates that the declining costs not only make offshore wind cost-effective in diminishing the countrys carbon footprint but also drive the government to increase installations in an attempt to achieve its 2030 target.

Somik Das, senior power analyst at GlobalData, comments: With negative subsidy being a conceivable scenario, the share and the target of offshore wind capacity would likely be further elevated by the UK Government, which will be more interested in the segment than ever before. Elevating the target of 40GW of overall offshore capacity by 2030 would mean that more than 20% of the overall installed capacity would be shaped by the offshore segment, making it a more recognisable energy source on which the nation can rely for its electricity needs.

Offshore wind CfD prices are expected to decline and become cheaper than gas, where the price is expected to surpass 55/MWh by 2023-24. Major projects such as Doggerbank A and Doggerbank B are in the permitting phase and anticipated to come online by this time. These are key projects that saw success in the third round of CfD, held in 2019. With the next round planned to be held next year, projects coming up in the future stand a strong chance of experiencing negative subsidies.

Das concluded: Over the next few years, the offshore segment is expected to boom. More than 19GW of offshore wind projects are in the pipeline, either in the nascent or advanced stages of development. Players such as SSE Renewables, Scottish Power Renewables, Orsted, Engie and many more have flocked this space, trying to grab a piece of the pie. Many would be constructed as deep sea projects at more than 40km from the shore, at depths ranging from 20-70m making the most of favorable wind speeds of 7-10m/s. Some of them are expected to have turbine capacities of more than 10MW, and rotor diameters ranging from a mere 113m to over 200m.

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UK offshore wind becomes cheaper than nuclear and gas - The Energyst

Turkey Resumes Offshore Exploration in Latest Row With Greece – Bloomberg

Turkey resumed oil and gas exploration in the Mediterranean Sea days after the government said it would delay offshore surveys to seek a diplomatic resolution with Greece.

President Recep Tayyip Erdogan on Friday announced the decision to dispatch a seismic research vessel, after Greece signed a deal with Egypt to draw maritime boundaries between the two countries.

Turkey Holds Back Sea Survey to Defuse Tensions with Greece

Erdogan accused Greece of failing to abide by pledges that convinced Turkey to halt offshore work while German Chancellor Angela Merkel began mediating. The latest twist in the conflict in the eastern Mediterranean shows the gargantuan task awaiting Turkey and Greece as they try and negotiate a resolution.

The latest spat arose when Turkey said it would survey the seabed in an area that Greece says falls in its jurisdiction because of the nearby Greek island of Kastellorizo. The two sides rely on fundamentally different legal arguments to make their claims in the Mediterranean and Aegean Seas.

Heres What Is at Stake as Turkey-Greece Tensions Rise Again

Ankara argues that a countrys continental shelf should be measured from its mainland, and that the area south of the Greek island -- just a few kilometers off Turkeys southern coast -- therefore falls within its exclusive zone.

Greece says that islands must also be taken into account in delineating a countrys continental shelf, in line with the United Nations Law of the Sea, giving it the sole right to the area regardless of the islands proximity to Turkey. Ankara has not signed up to that law.

Before it's here, it's on the Bloomberg Terminal.

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Turkey Resumes Offshore Exploration in Latest Row With Greece - Bloomberg

CWind Taiwan and HYTOR Bring Temporary Power Solutions to Taiwan – Offshore WIND

CWind Taiwan and HYTOR Tools Solutions have teamed up to bring temporary power solutions to the Taiwanese offshore wind market.

As part of the strategic alliance, the two companies said they imported a significant quantity of 100 kVA generators to be based in CWindTaiwans operational hub in Taichung Port.

The generators are being prepared for offshore deployment on a project in the Taiwan Strait to ensurepower supply throughout the construction and commissioningperiod.

CWind Taiwan employed temporary powerproject managers from European parent company CWind to provide onsiteoperational support, and further enhance the training of local generator technicians.

By utilising our in-country generators,vessels and project teams, we are able to provide a full turnkey solution, as well asrespond rapidly to support clients with any unplanned power requirements, said Tom Manning, Deputy General Manager of CWind Taiwan.

Werepassionate about supporting the development of the Taiwanese market, training localTaiwanese generator technicians to assist us to deliver this project, and enable themto lead on projects in the future.

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CWind Taiwan and HYTOR Bring Temporary Power Solutions to Taiwan - Offshore WIND

China poised to power huge growth in global offshore wind energy – The Guardian

The worlds offshore windfarm capacity could grow eightfold by the end of the decade powered by a clean energy surge led by China, according to the Global Wind Energy Council (GWEC).

A new industry report has revealed stronger than expected growth for the offshore wind industry, which could reach 234GW by 2030, from a global tally of just over 29GW at the end of last year.

The council revised its forecasts up by 15GW in its latest annual report on offshore wind power after the fastest ever growth in 2019, when new wind farms around the world added an extra 6.1GW to the global tally.

Ben Backwell, the chief executive at GWEC, said offshore wind was truly going global as governments around the world recognise the role that the technology can play in kickstarting post-Covid economic recovery.

The report found that the offshore wind industry could create 900,000 jobs globally over the next decade, or even more if policymakers use post-pandemic economic stimulus packages to accelerate the sectors growth.

As well as a green economic recovery, the report found that every 1GW of offshore wind helped to avoid 3.5m tonnes of carbon dioxide from entering the atmosphere and contributing to the climate crisis.

The offshore market has grown on average by almost a quarter every year since 2013, led by a flurry of new projects in European waters, which hold 75% of the worlds offshore wind farms.

However, the rate of growth is expected to accelerate in the next 10 years because of a growing appetite for clean energy in countries in the Asia-Pacific region, according to GWEC.

Over the coming decade we will see emerging offshore wind markets like Japan, Korea and Vietnam move to full deployment, and see the first offshore turbines installed in a number of new countries in Asia, Latin America and Africa, Backwell added.

A record 2.4GW of offshore wind power capacity came onstream in Chinese waters last year, the report said, followed by the UK, which installed 1.8GW of offshore wind, and Germany, which added an extra 1.1GW of offshore capacity.

The UK held the top spot for the largest market for offshore wind at the end of last year with 9.7GW in operation, followed by Germany with 7.5GW and China with 6.8GW.

But by the end of the decade China is expected to host more than a fifth of the worlds offshore wind turbines, equating to 52GW, while the UK tally climbs to 40.3GW.

The third-largest market for offshore wind by 2030 will be North America, where there was a modest 30MW of offshore wind capacity in operation at the end of 2019. This is expected to grow to 23GW installed by 2030, according to the report.

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China poised to power huge growth in global offshore wind energy - The Guardian

VA League of Conservation Voters will host offshore drilling panel with local advocates and elected leaders – WAVY.com

RICHMOND, Va. (WAVY) The Virginia League of Conservation Voters and Virginia Coastal Alliance will be holding a live virtual panel discussion with local advocates and elected officials to discuss the progress made on offshore drilling and the need for continued surveillance.

The panel discussion will be on Monday, Aug. 10, 6:30-7:30 p.m.

Many federal and local elected leaders are expected to take part including U.S. Rep. Elaine Luria (D-VA-2) and Del. Nancy Guy (D-Virginia Beach).

Although this year, the Virginia General Assembly passed House Bill 706 and Senate Bill 795, which effectively ban offshore drilling and oil and gas infrastructure within 3 miles of Virginias coast, leasing in federal waters remains a threat.

In 2018, the Trump Administration moved to open up the Atlantic Ocean to offshore drilling, as part of a highly controversial plan opening up many other waters that had previously been off-limits to oil and gas production and exploration.

The Virginia LCV says a spill off Virginias coast would be devastating to our already struggling tourism industry, putting seafood producers out of work, and hampering military readiness.

To register for the virtual panel, click here.

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VA League of Conservation Voters will host offshore drilling panel with local advocates and elected leaders - WAVY.com

Offshore Bank, Investment And Trust Accounts – Are These Still Allowed? – iAfrica.com

Unpacking the enigma around offshore starts with one simple certainty; nothing in the South African Income Tax or Reserve Bank regulations prohibits South Africans from opening a bank account, investment account or setting up an offshore trust.

Many South Africans are feeling very uncertain about going offshore with their money, and understandably so. The spread of Covid-19, the economic forecast for South Africa (and also the rest of the world) and the Rands weakening value is enough to make any South African jittery and anxious about investing; not just locally, but also abroad. However, exposure to international assets is essential for the following reasons: it provides protection against the depreciation of the Rand, it helps to diversify investments and it allows access to a greater range of opportunities to invest in.

With all the complexity around moving wealth offshore, the real brainteaser for most is how to do it as quickly and cost effectively as possible and at what stage do I need to consider setting up an offshore trust.

We are finding that many South Africans have international transactional needs for both business and personal reasons, yet some are only aware of one-dimensional foreign currency accounts, often referred to as CFC accounts. This type of account allows the account holder to manage foreign receipts and payments through their local bank, but it is all subject to Exchange Control regulations.

In comparison, the multiple benefits of having an offshore bank account enable South African accountholders to conveniently receive payment for work done outside of the country, make international payments and to access international funds by way of a debit or credit card. Most importantly, the general rule is that if the income was earned abroad while the South African resident was physically outside of the country, the income can be retained offshore. From here the funds can be transferred to a variety of different investment accounts also based offshore.

While there may not be any tax liability in the jurisdiction where the account is being held, accountholders will usually still be taxable in South Africa for any interest or capital gains that is earned on the account.The tax you may be required to pay depends heavily on the way you choose to invest and the type of investment account.Generally, the interest or gains realised need to be included in your taxable income for the year even though these are earned offshore because we are taxed on our worldwide income in South Africa.

Offshore bank or investment account(s) also need to be declared. The tax authorities in jurisdictions where the accounts are held, may have signed up for Common Reporting Standards (CRS). The account details, balances and interest earned will automatically be shared with South African tax authorities and therefore, the account is not confidential by any means.

Although your details may not be confidential, your money will remain outside of South Africa. In terms of de-risking wealth, it is a completely legal and acceptable solution to escape the volatility of the rand and to diversify your investments.

When exploring the benefits of opening an offshore account, the key is to choose your preferred offshore banking institution by taking into consideration the minimum balance requirements, transactional fees, reputation and jurisdiction. Some banks require face-to-face meetings with the account holder while others are comfortable to work through a licenced service provider like Sovereign Trust, in which case, a face to face meeting might not be required.

Offshore investment companies usually do not require a face to face interview, but an introduction by a regulated financial advisor might be required before an account can be opened with their company. Annual platform and trading fees should also be considered.

At what point should you consider setting up a trust to house the funds in your offshore bank or investment account and why?

We will start with answering the why. If your intention is to achieve any or a combination of the goals listed below, setting up a trust and investing in the trusts name, becomes an option:

To ensure that setting up an offshore trust is a feasible exercise, you need to consider the annual trustee fees (which will depend on the jurisdiction, the type of trust and also the activity levels of the trust), the amount available to invest as well as the possible returns that can be achieved. As an absolute minimum requirement, the return should cover the annual trustee and other annual costs associated with the trust and investment.

By Coreen van der Merwe, director at Sovereign Trust (SA) Limited

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Offshore Bank, Investment And Trust Accounts - Are These Still Allowed? - iAfrica.com

Sixth Arctic and Offshore Patrol Ship to be named in honour of Canadian naval hero, Robert Hampton Gray – Mirage News

The Royal Canadian Navys sixth Arctic and Offshore Patrol Ship (AOPS) will be named in honour of Lieutenant Robert Hampton Gray, a Canadian naval hero of the Second World War.

The Royal Canadian Navys sixth Arctic and Offshore Patrol Ship (AOPS) will be named in honour of Lieutenant Robert Hampton Gray, a Canadian naval hero of the Second World War.

Lieutenant Robert Hampton Gray joined the Royal Canadian Naval Volunteer Reserve in 1940, and served as a pilot in the Royal Navy Fleet Air Arm. Lt Gray embarked on HMS Formidable with 1841 Squadron, which joined the war in the Pacific as part of Operation ICEBERG in April 1945.

Lt Gray was awarded the Victoria Cross posthumously, for courage and determination in carrying out daring air strikes on the Japanese destroyer HIJMS Amakusa. On August 9, 1945 he led two flights of Corsair aircraft to attack naval vessels in Onagawa Bay. He opened the attack run flying straight into concentrated anti-aircraft fire, and was hit almost immediately. With his aircraft on fire, and one bomb lost, he continued the attack and released his remaining bomb on the escort vessel HIJMS Amakusa, causing the ship to capsize and sink. His aircraft then crashed into the sea, and his body was never recovered.

Lieutenant Gray was known to his fellow military members as a courageous leader, with a brilliant flying spirit, who continued to inspire and motivate his crew after his unfortunate passing. By naming the sixth Arctic and Offshore Patrol Ship after Lt Gray, we honour him as a Canadian naval hero, and celebrate his outstanding leadership and heroism.

Vice-Admiral Art McDonald, Commander Royal Canadian Navy

Lieutenant Robert Hampton Gray was posthumously awarded the Victoria Cross (VC) for great valour in leading the attack in Onagawa Bay, and for consistently showing a brilliant fighting spirit and most inspiring leadership. He was the only member of the Royal Canadian Navy to be awarded the Victoria Cross during the Second World War.

The names of the six Harry DeWolf-class Arctic/Offshore Patrol Ships (AOPS) will honour prominent Canadian naval figures who served Canada with the highest distinction. For the first time in its 110-year history, the RCN has named a class of ships after prominent Canadian naval figures, proudly honouring their leadership, achievements and heroism while serving Canadian interests at sea. The other five AOPS are named Harry DeWolf, Margaret Brooke, Max Bernays, William Hall, and Frdrick Rolette.

The Harry DeWolf-class will be capable of armed sea-borne surveillance of Canadas waters, providing government situational awareness of activities and events in these regions, and cooperating with partners to assert and enforce Canadian sovereignty.

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Sixth Arctic and Offshore Patrol Ship to be named in honour of Canadian naval hero, Robert Hampton Gray - Mirage News

Oahu’s offshore islands and sandbars to be closed but forest trails will stay open – Honolulu Star-Advertiser

STAR-ADVERTISER / 2015

Manana, or Rabbit Island, as seen from Makpuu Lookout. Pursuant to the shutdowns of public parks and beaches under the jurisdiction of the City and County of Honolulu and the state of Hawaii, the state Department of Natural Resources announced today that all of Oahus off-shore islands and islets, such as Na Mokulua (the Mokes) and Manana (Rabbit Island), as well as the popular Ahu o Laka sandbar in Kaneohe Bay, will also be closed starting at midnight tonight.

Pursuant to the shutdowns of public parks and beaches under the jurisdiction of the City and County of Honolulu and the state of Hawaii, the state Department of Natural Resources announced today that all of Oahus off-shore islands and islets, such as Na Mokulua (the Mokes) and Manana (Rabbit Island), as well as the popular Ahu o Laka sandbar in Kaneohe Bay, will also be closed starting at midnight tonight.

The landing of boats, kayaks, or any other watercraft on the islands or the sandbar will be prohibited, the announcement said, in order to discourage large gatherings and stop the surge in the spread of COVID-19 among Oahuans, in line with Thursdays emergency rules declared by Governor David Ige and Honolulu Mayor Kirk Caldwell.

Crossing through a state park in order to access the ocean for aquatic exercise and activities, such as fishing or traditional Hawaiian gathering below the high-water mark is permitted, but lingering, picnicking, camping, land-based gathering and all other activities on beaches and in parks will be forbidden.

However, state forest lands will remain open, including trails in the Na Ala Hele Trails and Access Program, DLNR said.

Access through the Waahila State Recreation Area will be allowed only for transiting to the Waahila Ridge Trail, and access at the Puu Ualakaa State Wayside will only be allowed to reach the Puu Ualakaa Trail. The gates to the area and wayside will remain closed, DLNR said.

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Oahu's offshore islands and sandbars to be closed but forest trails will stay open - Honolulu Star-Advertiser

Seacor finally takes delivery of last of three offshore vessels from China’s Cosco – Upstream Online

Houston-based offshore vessel operator Seacor Marineon Monday took delivery of a platform supply vessel built by Chinese yard Cosco Shipping Heavy Industry on foot of a deal signed between the two companies early last year.

Seacor Atlas was initially scheduled for delivery in April this year, but the outbreak of the conronavirus pandemic had prevented Seacor executives from travelling to Coscos facilities in Zhoushan island of eastern Chinas Zhejiang province to take delivery.

The Rolls Royce UT771CDL-design vessel is of 3800 tonnes deadweight capacity, with dynamic position class 2 and firefighting class 1 notations. It can accommodate a subsequent upgrade to a battery hybrid power solution.

It the last of the three similar vessels Seacor Marine has acquired from Cosco in a deal signed in January last year. The others have been delivered last year or early this year.

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Seacor finally takes delivery of last of three offshore vessels from China's Cosco - Upstream Online

‘Creating regional US offshore wind supply chain clusters could be a non-partisan slam dunk’ | Recharge – Recharge

Today, much US political rhetoric is championing a green recovery to soften the devastating economic impact of the Covid pandemic. And at the forefront of this rebound should be the $30bn in capital expenditure expected to flow into the countrys offshore wind sector in the next decade.

But for developers leading the expansion of sea-based wind off the east and west coasts, lessons learned have too often neglected the loss of gross value added to overseas markets. Take the paradigm in the UK, the worlds biggest offshore wind play.

A day after the London Array project was celebrated as the largest operating offshore wind farm in the world in 2014, the British tabloids lamented that 80% of its supply chain came from overseas presumably from Scandinavian, Dutch, and German OEMs, and installation contracts for turbines, foundations, substations, export cables and balance of plant. Under mounting political pressure, UK developers reluctantly agreed to a 50% commitment for domestic content as a target going forward.

Liberal market economies like the UK have, with varying degrees, been uncomfortable with overly-politicised industrial policy. But what direction will the emerging US offshore wind industry take? And what about small and mid-sized businesses the lifeblood of the Western economies that makes up 40% of economic activity in America?

Whatever the political make-up of the White House come January next year, US presidents and Congress of either hue will doubtless favour a made in America approach. President Donald Trump has chanted this mantra for the past four years, and its largely the massive domestic supply chain that has kept US onshore wind out of his more damaging political rhetoric and ambition.

But offshore wind is a new experience for the US with only 42MW installed off the eastern seaboard but as much as 30GW forecast to be set turning in the next ten years. And while the pilot projects have unavoidably had to lean on some overseas expertise, the pressure is on to make US offshore a wholly native success story.

In a perfect world, $30bn of capital expenditure for development, and a corresponding similar sum for operational expenditure over asset lifetimes, would see direct economic benefits for each states rate payers. Or at least, within the ISO.

But formalising an industrial policy that pushes the full economic advantages down the supply chain for employment gain is often elusive at the national level, never mind at a state jurisdiction.

Still the problem must be wrestled with, as creating regional clusters for supply chain, especially growth opportunities for small business entrepreneurs, could be a non-partisan slam dunk for the industry. This is an opportunity for private, boutique, and employee-owned businesses to support domestic energy policy in the widest sense and one that will ensure gross value added remains stateside, from environmental impact assessments to advisory services such as project financing, legal and insurance.

It is perhaps this latter raft of services and advisory work where fostering a new domestic supply chain may make the quickest wins. As knowledge and experience builds in any industry, the nature of service provision fragments, as entrepreneurs and small teams look at specific niches to create more tailored offerings that capture market share.

And, if anything, its a trend likely to be enhanced by the changing make-up of global economies post-Covid.

In offshore wind, there is a very real chance of success for this shift simply because the bottom line stays the same. Project owners value highly skilled and experienced professionals. They want people based in the US, in their time zone, that feel like an extension of their own project team and crave direct access to a sophisticated level of insight to anticipate and prepare for the challenges they may encounter, particularly with the legislative and physical nuances of building billion-dollar offshore wind farms in the US compared to Europe.

The emergence of the boutique, employee-owned specialist provides a healthy alternative to the big public companies. These dominant, sizeable firms often have an entirely different service team from supporting a development project to taking it through the construction cycle to reach final testing and commissioning making these large incumbents historically more prone to the relationship politicking that plagues trust issues between joint venture partners, large contractors, and dealing with lenders.

The pandemic is a watershed moment. It has forced all of us to reflect on the status quo and how business models can adapt to allow for greater flexibility, without compromising quality. Pivoting to renewable energy is almost a given. But capitalising on the real, more bespoke small business opportunities this shift in focus offers could be instrumental to the political future of the industry.

Jatin Sharma is managing partner of a soon-to-be-named boutique infrastructure risk consulting and (re)insurance broker specialising in offshore wind projects

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'Creating regional US offshore wind supply chain clusters could be a non-partisan slam dunk' | Recharge - Recharge

Offshore Bank, Investment And Trust Accounts Are These Still Allowed? – Africa.com

By Coreen van der Merwe, director at Sovereign Trust (SA) Limited

Unpacking the enigma around offshore starts with one simple certainty; nothing in the South African Income Tax or Reserve Bank regulations prohibits South Africans from opening a bank account, investment account or setting up an offshore trust.

Many South Africans are feeling very uncertain about going offshore with their money, and understandably so. The spread of Covid-19, the economic forecast for South Africa (and also the rest of the world) and the Rands weakening value is enough to make any South African jittery and anxious about investing; not just locally, but also abroad. However, exposure to international assets is essential for the following reasons: it provides protection against the depreciation of the Rand, it helps to diversify investments and it allows access to a greater range of opportunities to invest in.

With all the complexity around moving wealth offshore, the real brainteaser for most is how to do it as quickly and cost effectively as possible and at what stage do I need to consider setting up an offshore trust.

We are finding that many South Africans have international transactional needs for both business and personal reasons, yet some are only aware of one-dimensional foreign currency accounts, often referred to as CFC accounts. This type of account allows the account holder to manage foreign receipts and payments through their local bank, but it is all subject to Exchange Control regulations.

In comparison, the multiple benefits of having an offshore bank account enable South African accountholders to conveniently receive payment for work done outside of the country, make international payments and to access international funds by way of a debit or credit card. Most importantly, the general rule is that if the income was earned abroad while the South African resident was physically outside of the country, the income can be retained offshore. From here the funds can be transferred to a variety of different investment accounts also based offshore.

While there may not be any tax liability in the jurisdiction where the account is being held, accountholders will usually still be taxable in South Africa for any interest or capital gains that is earned on the account.The tax you may be required to pay depends heavily on the way you choose to invest and the type of investment account.Generally, the interest or gains realised need to be included in your taxable income for the year even though these are earned offshore because we are taxed on our worldwide income in South Africa.

Offshore bank or investment account(s) also need to be declared. The tax authorities in jurisdictions where the accounts are held, may have signed up for Common Reporting Standards (CRS). The account details, balances and interest earned will automatically be shared with South African tax authorities and therefore, the account is not confidential by any means.

Although your details may not be confidential, your money will remain outside of South Africa. In terms of de-risking wealth, it is a completely legal and acceptable solution to escape the volatility of the rand and to diversify your investments.

When exploring the benefits of opening an offshore account, the key is to choose your preferred offshore banking institution by taking into consideration the minimum balance requirements, transactional fees, reputation and jurisdiction. Some banks require face-to-face meetings with the account holder while others are comfortable to work through a licenced service provider like Sovereign Trust, in which case, a face to face meeting might not be required.

Offshore investment companies usually do not require a face to face interview, but an introduction by a regulated financial advisor might be required before an account can be opened with their company. Annual platform and trading fees should also be considered.

At what point should you consider setting up a trust to house the funds in your offshore bank or investment account and why?

We will start with answering the why. If your intention is to achieve any or a combination of the goals listed below, setting up a trust and investing in the trusts name, becomes an option:

To ensure that setting up an offshore trust is a feasible exercise, you need to consider the annual trustee fees (which will depend on the jurisdiction, the type of trust and also the activity levels of the trust), the amount available to invest as well as the possible returns that can be achieved. As an absolute minimum requirement, the return should cover the annual trustee and other annual costs associated with the trust and investment.

See the article here:

Offshore Bank, Investment And Trust Accounts Are These Still Allowed? - Africa.com