Welsh wholesale bakery Popty Cae Groes, based in Bethesda, Snowdonia, has regained the contract to supply supermarket Morrisons with its speciality bara brith and Welsh cakes. These had previously been delisted after Morrisons bought Safeway.The bakery’s cause was helped by customer pressure in north and mid-Wales after aficionados of bara brith found the supermarket shelves devoid of the cakes. Bakery owner Marian Williams puts the contract stoppage down to a breakdown in communication, but is pleased to have restarted supplies, as Safeway had been a regular customer for a number of years. A typical weekly order from Morrisons is 2,000 packets of Welsh cakes and 800-900 bara brith. The Welsh cakes and bara brith are made to secret recipes handed down by Mrs Williams’ grandparents, who started the business.Mrs Williams is looking to expand the arrangement, with more Morrisons stores being supplied with a wider range of products. Madeira cake and Swiss rolls are currently being trialled in two outlets. It also supplies cakes to 22 Co-op stores and local Spar outlets.
Lower depreciation expenses and vessel impairments during 2018 led Singapore-based shipowner First Ship Lease Trust to end the year in loss.The company managed to shrink the net loss on an annual basis,and in 2018 reported USD 18.9 million net loss, a cut of 74.3% compared to a net loss of USD 73.8 million seen a year earlier.In the fourth quarter of 2018, FSL’s net loss stood at USD 18.5 million, against a net loss of USD 33.8 million reported in the same period in 2017.Impairment charges for the quarter, and the full year, were at USD 20.6 million.FSL generated revenue of USD 18.5 million for the fourth quarter of 2018 and USD 67 million for the full year, a 6.8% and 17.7% decline compared to the same period a year ago, respectively.The company said the lower revenue for both the fourth quarter and full year was the result of a reduced fleet following the disposal of a chemical tanker in early 2018, and the disposal of two feeder containerships in late 2017 reducing the fleet size to 19.In addition to a reduced fleet, the company said the revenues were impacted by the ongoing market volatility and continued softening of rates across all shipping sectors, which has weighed on FSL’s earnings.“Having successfully completed a much needed refinancing in the summer of 2018, FSL’s balance sheet was strengthened and the viability of the business was protected. Profit before impairments during FY18 was USD 1.6 million,” Stathis Topouzoglou, Chairman of the Trust, said.First Ship Lease Trust owns a fleet of 19 vessels, comprising three containerships, twelve product tankers, two chemical tankers and two crude oil tankers.
– Pestano’s hat-trick leaves Trinidad stuttering– Griffith, Reifer record fiftiesA clash of the titans; Trinidad Red Force and Guyana Jaguars took Centre stage at the Brian Lara Cricket Academy on Saturday where the Jaguars defeated Red Force by 75 runs. The Jaguars were led by opener Trevon Griffith and reliable all-rounder Raymond Reifer who recorded responsible half centuries against a powerful Trinidad and Tobago Red Force bowling attack. Jaguars’ bowling was led by Clinton Pestano who picked up his maiden hat-trick and was supported by the consistent Ramal Lewis, who bundled out Trinidad Red Force for 216 in pursuit of Guyana’s 291-8.Berbician Clinton Pestano removed Trinidad Red Force and Windies superstars Lendl Simmons, Kieron Pollard and Dwayne Bravo with the third, fourth and fifth deliveries of the 28th over.Trinidad Red Force looked to be cruising on 133 for two, following two successive half-century stands involving Simmons, whose 70 from 73 balls included six fours and three sixes.Surprisingly Denesh Ramdin, opening the batting fell cheaply in the fourth over, Simmons put on 67 for the second wicket with Jason Mohammed and an even 50 for the third wicket with Darren Bravo.Jason Mohammed made 24 and Bravo gathered 43 from 72 balls, but Pestano’s intervention knocked Red Force off their stride and they never recovered stability.Earlier, Guyana Jaguars captain Leon Johnson opted to bat at the Brian Lara cricket Academy on a batsman paradise where opener Trevon Griffith and fellow left-hander Raymon Reifer scored half centuries to anchor the Jaguars to 291 for eight from their allocation of 50 overs.Griffith struck seven fours and one six in 70 from 83 balls to hold the top order of the batting together, sharing 60 for the second wicket with his captain and fellow left-hander Leon Johnson.Raymond Reifer, batting at five, replaced Griffith, Jaguars were 159 for three in the 30th over, and he became the glue that kept the bottom half of the batting together with two fours and four sixes in 55 off 66 balls.Reifer was involved in a 57-run the sixth wicket partnership with Essequibo’s Ricardo Adams which ushered the Jags past 250 and put them on course for a bigger total before they were two of three wickets that fell in the closing overs.