text: Breadcrumb Home > Dictionary Search Cite Meaning of chiliad Find definitions for: chil•i•ad Pronunciation: (kil'ē-ad"), [key] — n. a group of 1000. a period of 1000 years. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: chiliad (Thesaurus) chili chiliarch Related Content Daily Word Quiz: duende Analogy of the Day: Today's Analogy Spelling Bee: Today's Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language

subset: commoncrawl


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Posted on August 24, 2017
Fultonbot's Atari VCS Quest: "I Never Got Into Atari, but…"
"I never got into Atari" I've heard this phrase so many times from the owners of used and retro video game stores, and fellow retrogamers, that I've now come to expect it. When I enter a game… Read More
Posted on June 24, 2017
Fultonbot Atari VCS Quest: Memories Of The Proper Vintage
Not too long ago I had a sudden realization. I don't just need the games I had with my Atari VCS from 1981-1984. I need the console too. I've written about my brother and my quest for VCS… Read More
Posted on May 28, 2017
Fultonbot's Atari VCS Quest: Transmissions From AtariSpot
Soon after I made my first post about my VCS Quest, I got a tweet from another Atari fan named AtariSpot. He noticed my list and wanted to know if I would like to see his list… Read More
Posted on April 5, 2017
Pac-Man, Electronic Games Magazine, And The Exact Moment Atari Lost The Video Game War
Note: As I discover the 120 or so games on my list of "lost" VCS games from the 80's, I will spend some time discussing the ones that, in one way or another, mean something significant to me…. Read More
Posted on March 20, 2017
Fultonbot's 1983 Atari VCS Quest: The Absent Minded Collector
The "pile of stuff" in the photo to the left is a collection of 36 years worth of "absent-minded" Atari 2600/7800 collecting. I say "Absent Minded" as I was never really serious about collecting games. My feelings… Read More
Posted on February 22, 2017
Fultonbot's 1983 Atari VCS Quest: The Checklist
Here is my quest. This has been bubbling under my skin for 34 years now, and this morning, while walking the dog, I finally understood what I must do. In the summer of 1983, my brother Jeff and… Read More


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Winemaker's Behind the Scene's Tour
They will have a special behind the scenes tour of the vineyards and production area with winemaker Josh Jones on Saturday, September 8th at 1:30pm. The tour will last roughly 1 hour and include a free glass of wine (just to make it more fun!).
The dates for this event have already occurred, please check back again for new dates.
- Presented By: City Scape Winery
- Dates: September 8, 2018
- Location: City Scape Winery
- Address: 589 Dunklin Bridge Rd, Pelzer, SC 29669
- Phone: (864) 329-0615
- Time: 1:30 pm
- Price: $10


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Ship Stability: What is the Relevance of the Center of Gravity?
You must have read about the center of gravity of a body in your high school physics but do you know its importance in the context of ship stability in the vast oceans? Just read on to find out more!


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VIEWING IS STRONGLY ADVISED on this stunning FIVE BEDROOM, DETACHED family home. The property offers plenty of living space with the huge feature KITCHEN/DINER, and further separate lounge and dining room, which are both large with bay windows. It has been renovated to an extremely HIGH STANDARD.
This DETACHED house offers plenty of family living. The property boasts a LARGE LIVING ROOM, SEPARATE DINING ROOM, UTILITY, STUDY and a LARGE GARDEN. With the benefit of FOUR SPACIOUS BEDROOMS, a family bathrom, EN-SUITE & a downstairs SHOWER ROOM. ** VIEWING STRONGLY ADVISED **
This stunning DETACHED. EX-SHOWROOM offers spacious family living. It boasts a DRIVEWAY, CONVERTED GARAGE, CONSERVATORY and benefits from an EN-SUITE to the master bedroom. In the popular new development of Leavesden, close to good local schools and with excellent transport links.
This STUNNING DETACHED BUNGALOW has a HUGE DRIVEWAY and gorgeous LANDSCAPED GARDEN that backs on to bluebell woods. The property benefits from a large CONSERVATORY and living room and has a modern fitted kitchen. This bungalow OFFERS HUGE DEVELOPMENT POTENTIAL (STPP). Viewing strongly advised.
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Displayed here, in reverese chronological order (latest first), are expired Local News items that were entered by website members form St. Ives in Cambridgeshire more than a month ago.
Huntingdon's Mayor will open a NEW Charity Shop, the Huntingdon Together Community Charity Shop, on behalf of the Huntingdonshire Volunteeer Centre on Saturday 30th Jan at 11.30.
The shop is easy to find as it is right opposite the library, in Princes Street, just off Huntingdon's Market Place.
More information about MAYOR TO OPEN NEW CHARITY SHOP
Don't forget to follow us on Twitter to keep intouch with things going on around you in the rest of Huntingdonshire.
More information about Follow us on Twitter
Santa and all his little elves from the Rotary Club of St Ives would very much like to thank the super people of St Ives, Earith, Colne, Needingworth, Somersham, Hilton, Fenstanton, Bluntisham and no doubt lots of people from other places who gave to our Saturday collections, for the incredible total donations of £8837.13 - stunning. This is a huge amount of money, which when Gift Aid is added rises to over £10,000. This money gives us the ability to provide significant support to not just national and international charities, but also make a real difference locally. We will post details of this so everyone can see where this money goes.
Saying thanks ever so much really doesn't seem sufficient - but this is exactly how we feel - and not just for the donations but also for the good fun each round has been. So we will say it again - thank you all, ever so much - and do have a Merry Christmas and all the best for The New Year.
More information about Rotary Club of St Ives
Unbelievable, but today at Waitrose Santa and his elves from the Rotary Club of St Ives collected a staggering £954, which is the most by a long way that we have ever collected on a single day. This is a fantastic amount, all of which will have a significant impact on both the local and national charities that we support, together with the many local good causes that benefit from your generous donations. Well done indeed St Ives - we really can't thank you enough. Great stuff.
Santa's not finished yet either. Follow the link below to see where he will be next...
More information about WOW, Well done!
Santa and all his elves from the Rotary Club of St Ives would like to thank the very generous residents of Needingworth for their tremendous donation on Friday, totalling over £590.00. All this money will go towards our charitable donations and local good causes. This is a great effort and thank you all for making Santa's visit such great fun, especially the chocolates, mulled wine and mince pies. We wish you all a very Merry Christmas and a Happy New Year.
More information about Santa says 'Thank you' again
Santa and all his elves from the Rotary Club of St Ives would like to thank the very generous residents of Earith and Colne for their tremendous donation on Wednesday, totalling over £537.00. All this money will go towards our charitable donations and local good causes. This is a great effort and thank you all for making Santa's visit such great fun. We wish you all a very Merry Christmas and a Happy New Year.
Don't forget the Town Centre Post Office in St Ives has relocated from one end of Market Hill to the other. The Post Office is now located within the Mace Convenience Store adjacent to W H Smith at the Bridge Street end of Market Hill
More information about St Ives Post Office Moves
If you are organising a public Christmas or New Year event in Huntingdonshire then once you have finalised the details don't forget to send us an email with the dates, times, details and ticket prices (if relevant) so that we can put it into the events diary and let LOADS of people see it. The earlier you do this the more people will get the chance to find our what you are doing.
If you are planning to have a SPECIAL ONE-OFF XMAS LATE NIGHT OPENING EVENT then let's have details of these too. You know what we mean a proper festive spirit type thing, warm mince pies, fancy dressed elves (I mean staff) and perhaps treats for the kids. Last year the St Ives Co-op staff dressed up as Polar Bears and Reindeer, it was hilarious!
Of course if you are a member you can put this stuff in yourself but you can email it to us and we'll do it for you too.
email@example.com and mark it FESTIVE DIARY
We have finished upgrading the Huntingdonshire websites for the time being, but nothing stands still for long. Time to go and think about what new things we can add next. Have a good weekend...
More information about Website Upgrade Completed
The website upgrade runs on at a good pace. We're half-way through the villages of Huntingdonshire having just completed Hilton but we're working backwards having started at Yaxley.
We have been making the websites more user friendly for smart phone users with small screens and for touch screen users who don't want small buttons that are impossible to activate. In general we think it is an overall improvement as we have tried very hard to keep the design of the websites the same, so things are were you left them the last time you visited.
Judging by the fact that Google tells us that we have well over 20,000 user sessions over the Huntingdonshire websites each month, it must be working!
More information about The Half Way Stage


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We engage our community
Christ Cafe and Pantry We serve a free hot meal on the fourth Thursday of each month in our Fellowship Hall. It is open to everyone without qualification. There is also a food pantry for those who need help with groceries. Click here for more information.
Kool Kidz after school program for second- and third-grade children. It is held in the Napoleon Elementary School cafeteria each Tuesday from 3:00 to 5:30 p.m. The children get a snack, help with reading and homework, and finally crafts and play time until parents arrive.
Summer Day Camps We invite children from the surrounding community to participate in two unique day camps each Summer, each with a different theme.
Coats for Kids & Adults Each Fall we make winter coats available to all who need them. They are either new or freshly washed, or dry cleaned, gently used coats. Click for more information.


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LR Appoints Papageorgiou as M&O President
Lloyd's Register (LR) has appointed Elina Papageorgiou as its new Marine and Offshore President for UK and Ireland, commencing on April 1, 2020.Papageorgiou has held a variety of roles across North and South Europe in sales, marketing and finance functions since joining LR in 2004. Most recently, she led LR's Marine and Offshore sales teams in 11 different countries across South Europe.Papageorgiou graduated with a BSc in Economics from Brunel University and has an MBA from Imperial College London.
P&O Maritime Logistics Names Helweg CEO
Company in regional CFO and CEO roles across the Americas, Europe, the Middle East and Asia.P&O Maritime Logistics was created last year following DP World's acquisition of Topaz Energy and Marine and its integration with P&O Maritime. POML focuses on three strategic segments – offshore, port services and logistics
Harvey Gulf Hires Dunn as Subsea VP
Harvey Gulf International Marine announced it has hired John Dunn as Vice President of Subsea Vessel Operations, as the US-based services firm looks to grow its subsea business.Dunn, formerly of Oceaneering, has been hired as a member of Harvey Gulf's executive management team to assemble and manage Harvey Gulf's subsea vessels, team and operations.Prior to Oceaneering, Dunn was the director of operations at Meridian Ocean Services, a subsea service provider acquired by Oceaneering in 2016. He is also an unlimited USCG chief engineer and worked for Chevron Shipping's tanker and floating
Offshore Wind Jobs Act Headed to House Floor
The House Natural Resources Committee has advanced the Offshore Wind Jobs and Opportunity Act, which was authored by Bourne Congressman Bill Keating and cosponsored by Congressman Joe Kennedy III.The legislation will provide funding for educational institutions to develop training programs for a workforce in the offshore wind industry.The bipartisan bill (H.R. 3068 'Offshore Wind Jobs and Opportunity Act') would authorize $25 million dollars annually to eligible institutions including universities, community colleges, and union training programs to ensure that American workers stand ready to
Ordtek Announces New Operations Director
Ordtek has announced the appointment of Gary Thirkettle as their new Operations Director.With a career spanning over 25 years in the offshore site investigation industry, he brings a proven depth in both operational and commercial experience to Ordtek.Ordtek has recently opened an office in Boston, USA to support a number of offshore wind farm developments in the region. After the success and lessons learnt in Virginia, Ordtek is now helping shape offshore UXO risk management in the USA through industry guidance.
Prepare Now for 40,000 Offshore Wind Jobs
The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43,000 by 2050. To support this growth, U.S. Department of Energy reports estimate over 40,000 new jobs will be created by 2030.The new jobs anticipated to support the offshore wind industry include a wide range of types, including engineers, trade workers, surveyors, scientists, technicians, managers, and seafarers. Wind turbine technician has been one of
Bibby Marine Appoints Samuels as CEO
at Halcrow/CH2MHill (now Jacobs) including Operations Director, Global Director and Managing Director.Bibby Marine Limited is the holding company for Bibby Maritime Limited which provides floating accommodation to major projects worldwide: Bibby Marine Services Limited which provides services to offshore windfarms and installations, including the award-winning Bibby WaveMaster 1 : and Bibby HydroMap which provides leading subsea mapping and data analysis services.Bibby Marine Ltd is a subsidiary of Bibby Line Group – a diverse, $1 billion global business, operating in 16 countries, employing
Offshore Wind Conference Set for SUNY Maritime
The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, are hosting the Ocean Wind Energy Conference on Thursday, September 26, 2019 at the Maritime Academic Center, SUNY Maritime College.Serving as the keynote speaker is Alana Duerr, Ph.D., Director, Offshore Wind North America, DNV GL - Renewables Advisory, who will offer insight to opportunities for maritime industry support of Ocean Wind Energy development and sustainment for many years to come. Subject matter experts and executives from Equinor
C-Job Naval Architects Appoints Gitte, Verweij
. In his new role, Mario will lead on current and future projects in the United States.Verweij comes from Scandia Gear, where he served as Vice President Sales. Before Scandia Gear, he held various technical and commercial positions throughout the maritime industry including at Van Aalst Marine & Offshore. In his new position, Edward will be in charge of developing the company's client portfolio in the United States.C-Job recently announced its expansion to the USA with a dedicated branch office in Houston, Texas.
N-Sea Names New Chief Executive
N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current role after eight years with the company to take up a position on the company's advisory board.With a solid track record in the marine contracting environment, van Poppel has contributed to the growth and transformation of companies such as Fabricom and Boskalis Subsea Cables & Flexibles (formally VBMS), creating market leaders renowned for their innovative
Thygesen: Chairman of Maersk Supply Service
Service launched a new strategic direction in autumn 2016 in response to the industry downturn. The strategy is progressing well and in 2018 approximately 30 percent of Maersk Supply Service's revenue was generated from integrated solutions project activity and work within new industries, such as offshore wind and ocean cleaning
MTL: Allan Named Senior Naval Architect
FPSO and marine integrity management specialists, Marine Technical Limits (MTL) has welcomed a senior naval architect to its team.Paul Allan, who has more than 10-years' experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry, has been appointed to the position of Senior Naval Architect by the Kintore-based firm.The chartered engineer will be supporting the MTL team developing systems and procedures, driving MWS and supporting the company's global FPSO and marine activities.MTL, which employs 44 people and has just signed an agreement to
Huard Joins MSRC
Paul Racicot, Director of the Maritime Simulation and Resource Centre (MSRC), has announced the arrival of Emanuel Huard to its team. Huard took over his duties as instructor on March 11.Huard is a graduate of the Institut Maritime du Québec and holds an unlimited chief officer certificate. Prior to joining the MSRC, Huard was first mate on board passenger ships and private yachts, the most recent being The World, a private luxury residential vessel. Huard has a vast experience in various fields of navigation, including conventional and azimuthally propelled vessels, ice navigation in the
Keppel to Add 1,800 Offshore, Marine Staff
Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014 and a global oversupply of drilling rigs had hit orders at the company's O&M division, but demand is slowly returning."With the expected increase in work flow as well as preparing for the upturn we would be looking to add to our (O&M) workforce this year," Keppel CEO Loh Chin Hua said at the company's results briefing. "And this
New CEO at POSH
Lee Keng Lin will take over as the new CEO and executive director of Singapore based offshore services provider PACC Offshore Services Holdings (POSH) following the retirement of Gerald Seow Kang Hoe, effective May 1.Lee, who is currently the group's deputy CEO, has more than 10 years of experience in the offshore marine industry and has been with the company since 2007.
Bergink takes over as Framo CEO
Sameer Kalra has passed the helm of pumping system manufacturer Framo over to new CEO Martijn Bergink.Bergink will be based in Bergen, Norway. Formerly President of Business Unit Boiler and Gas System at Alfa Laval, he has held various positions within Alfa Laval since 1998. Educated as a chemical engineer, Bergink holds an McS degree in Chemistry.Kalra, the former Framo CEO moves across to parent company Alfa Laval as the new head of the Alfa Laval Marine Division and a member of the Alfa Laval Group Management.
BV Appoints de Tugny EVP
Bureau Veritas has appointed Matthieu de Tugny as Executive Vice-President, Bureau Veritas Group to lead the Marine & Offshore Division (M&O).He will be a member of the Bureau Veritas Group Executive Committee reporting to Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas.Matthieu de Tugny succeeds Philippe Donche-Gay as the head of Marine & Offshore."Matthieu de Tugny is recognized in the maritime community as a highly experienced leader with a career comprising different leadership roles world-wide. He embodies the expertise and values of Bureau Veritas"
BV Appoints Barrow as Vice President
Bureau Veritas has announced that it has appointed David Barrow as Vice-President for its Marine & Offshore South Asia Zone. He succeeds Kerem Kiper, who has already taken up the post of Vice-President, Middle-East, Africa and India.Based in Singapore, Barrow is responsible for leading the development and delivery of new activities and services for Marine & Offshore for the region. Alongside this, Barrow will be at the helm of a number of key accounts and will ensure compliance with both Group and Marine & Offshore Division standards.With over 35 years of experience in the maritime industry
New Tech Improves Offshore Safety Training
Offshore workers are set to be better prepared for helicopter safety training thanks to new innovative technology being launched at a U.K. safety training provider.Falck Safety Services UK revealed new 360° immersive technology at the OPITO Safety & Competence Conference being held in Kuala Lumpur. The virtual reality immersive experience, which can be best viewed with VR goggles and handheld devices, gives delegates a realistic understanding of what to expect during the Helicopter Underwater Escape Training (HUET) exercise.The training, training management and competency service company
Sentinel Marine Adds a Secondhand PSV
caliber," said Sentinel Marine chief executive officer Rory Deans.A high-quality fleet, offering a comfortable, reliable and modern environment to work in, has allowed the firm to attract some the industry's top talent, Deans noted.The recent investment has created dozens of new on- and offshore jobs, with 350 people now employed by the firm. The growth in staff numbers at Sentinel Marine's Aberdeen headquarters has led to the firm relocating to new, larger premises at The Exchange on Market Street."The expansion of our team both on and offshore has been in tandem with the development
Boskalis Nominates van Noort as New CFO
Royal Boskalis Westminster N.V. has nominated Carlo van Noort to be appointed as Chief Financial Officer (CFO) of Boskalis at the Annual General Meeting of Shareholders (AGM) in May 2019. The term of the current CFO, Hans Kamps, expires on the date of that same AGM.van Noort is currently financial director of Boskalis Nederland. He has held various finance positions within the three divisions of the Group over the last 12 years and is currently financial director of Boskalis Nederland. Following his accounting and auditing degree from Nyenrode Business University, van Noort worked as an auditor with
Neptune Energy Names Estensen Managing Director for Norway
Neptune Energy has appointed Odin Estensen as Managing Director of its Norwegian business, based in Stavanger.Estensen joins Neptune Energy from A/S Norske Shell, where he is currently the Norway Operated Asset Manager.With more than 28 years' experience in the oil and gas sector, Estensen started his career with Schlumberger before joining Shell in 1990, where he went on to hold various senior roles across Europe, and also to support operations in the Middle East, Africa and Asia.Anne Botne, currently Interim Country Director of Norway for Neptune, will remain with the company and fully resume
ESVAGT Names Taylor UK Regional Director
ESVAGT UK has appointed Ian Taylor as iUK Regional Director.Taylor brings many years of shipping experience and a considerable amount of ESVAGT knowledge to ESVAGT's UK office at Dock Gate House in the heart of Aberdeen's harbor area. As a Chartered Shipbroker, he has been handling contracts with ESVAGT for North Sea Charterers for the past decade.Having 'sold' ESVAGT to clients for years, getting onboard full time was an easy step. "It is a company I have known well for several years," Taylor said. "ESVAGT has a significant presence in the U.K. market and is
Ocean Signal Appoints Moore as Product Manager
Ocean Signal, whose portfolio of safety devices includes the rescueME range, has appointed Steve Moore as its new Product ManagerExperienced marine electronics specialist Steve Moore joins safety equipment leaders with focus on new product launches and development of established range.Moore brings more than 25 years of technical and marketing experience in the marine industry in both the commercial and leisure sectors to the role, in addition to a strong background in integrated marine electronics. He joins Margate-based Ocean Signal following a seven-year spell with international marine electronics
Hochoa Takes Over as Bourbon CFO
French offshore services provider Bourbon Corporation announced Thierry Hochoa has been appointed as Chief Financial Officer effective as of August 6. He reports directly to Gaël Bodénès, Chief Executive Officer of Bourbon Corporation.Hochoa replaces Astrid de Bréon who resigned from her position as Chief Financial Officer from July 11.A graduate of IAE Paris, ESCP Business School and also CPA, Hochoa began his career in 1994 as an external auditor at Arthur Andersen, then Ernst & Young (EY). In 2004, he joined Technip, first as Director of Internal Audit, then held
CGG Names Baidoukov CFO
CGG has appointed Yuri Baidoukov as Group CFO, effective September 1, 2018. He will be based in Paris and report to the Chief Executive Officer, Sophie Zurquiyah.Baidoukov brings to the role 25 years of international oil and gas industry experience. He is currently Group CFO at OiLSERV Group, a Middle East and North Africa Oilfield Services company. Prior to this, he was CFO of Maersk Oil US, and Group CFO of Integra Group, a CIS oilfield services company. Baidoukov spent 10 years of his career at Schlumberger in finance positions at the corporate and regional levels.Baidoukov holds an MBA degree from
Stork's Caribbean Team Achieves Competence Credential
Stork Technical Services Trinidad and Tobago Ltd, has become the first business in Central and South America to achieve OPITO approval for the way it monitors and develops the skills and competence of its maintenance workers in the region.Recognized as the global industry benchmark, the OPITO competency management system (CMS) accreditation confirms that Stork's scaffolding and fabric maintenance personnel are carrying out their roles to a best-in-class international standard.The company demonstrated that its CMS for personnel across nine different roles within the business met the criteria set
Remote Medical International Acquires HSE Offshore
Remote Medical International has acquired HSE Offshore as part of its strategic initiative to expand its oil and gas offshore medical capabilities. As a global medical services provider, Remote Medical International has recognized the need to continue growing its business and operational capabilities in Europe and Africa, to get closer to customers and provide better response time to customer needs.HSE Offshore will continue to operate under its own name and will benefit from Remote Medical International's global operational capacity, allowing it to reach more customers. Together, the
Rovco to Double Its Workforce
a more optimistic outlook across the industry and our plans for the next 12-months reflect this."We have a number of key regions where we see opportunity for expansion, with a focus on oil and gas in the U.K., Europe, Asia Pacific, North and West Africa markets. We are also looking to expand our offshore wind contracts in the U.K. and Europe."A key part of our growth strategy is investing in R&D, we already offer innovative solutions for subsea survey, but over the next 12-months we plan to invest another £2-3 million in our technology. We are looking at projects including applied
Teekay Offshore Taps Steinsland as CFO
Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P., announced today that Jan Rune Steinsland has been appointed the new Chief Financial Officer (CFO) of Teekay Offshore Group Ltd., a management services company that provides services to the Partnership's subsidiaries (together with the Partnership, the Teekay Offshore Group) effective September 3, 2018. The Partnership's interim CFO, Tim Cowan, will step down effective September 3, 2018, but will remain with the Partnership for a period of time to ensure a smooth transition.Steinsland brings approximately 30 years
N-Sea Hires van Peet as Survey Lead
Hans van Peet as the company's survey authority.Hans van Peet, who joins the organization from Heerema Marine Contractors, brings more than 30 years of specialist experience in survey, positioning and ROV intervention to the role. He previously led subsea services for a variety of leading offshore companies, including the technical management of major frame agreements for ROV and survey and positioning services.Based in the Netherlands, van Peet will be responsible for overseeing all survey activities within N-Sea, as well as driving forward innovation of survey products, services and technology
Polarcus Names Oestergaard COO
Seismic vessel owner Polarcus Limited has appointed Lars Oestergaard as chief operating officer effective immediately. He will lead the company's geophysical, operations and sales teams as well as the EHSQ department.Oestergaard joins Polarcus from Maersk Drillingm, where he held a number of operational and commercial roles, most recently as chief commercial officer.Oestergaard has been awarded 350,000 performance share units and 150,000 restricted share units under the Company's 2018 Long Term Incentive Plan. He currently holds no shares in the company.
Teekay Offshore CFO Wong to Step Down
Teekay Offshore Partners L.P. announced today that David Wong will step down from his position as Chief Financial Officer of Teekay Offshore Group Ltd. to commence a new opportunity outside of the Teekay organization.Wong, who joined Teekay Corporation in 2009 and has served as Teekay Offshore CFO since 2015, will continue with the Teekay until August to assist with the transition while a search for his replacement is conducted.
CNOOC Announces Director Change
Chinese national oil company CNOOC Limited said it has appointed Wang Dongjin to replace Wu Guangqi who has retired as a Non-executive Director and a member of the Remuneration Committee effective April 27.
Aker Solutions Upgrades Aberdeen Site
Aker Solutions today officially opens its upgraded Aberdeen services facility to help capture subsea sector growth in the UK and elsewhere. Demand is increasing globally for services at oil and gas fields offshore, including in the UK. Energy companies are seeking to maximize production and returns from existing assets and infrastructure amid tighter budgets. "Our investment in the Aberdeen services base demonstrates our commitment to the North Sea, a mature basin where we see opportunities," said Sian Lloyd Rees, Aker Solutions' UK country manager. "It's
Mannering Named Polarcus Chairman
Michael Mannering has been nominated to succeed Polarcus' outgoing chairman of the board, Peter Rigg, with effect from the 2018 AGM on May 10.Rigg will retire after a decade as chairman of the marine geophysical company, having served in the role since the company's inception in 2008.Mannering has previously held many senior corporate positions in Schlumberger as well as chairman and, subsequently, non-executive director of Songa Offshore until its acquisition by Transocean. He has a BSc (First Class) in Mechanical Engineering from the University of Southampton.
Pirie & Smith Names Alexander GM
across the globe.The appointment is in response to a 12-month period of international expansion for the Aberdeen-headquartered firm, which has seen it establish representative agencies in Thailand, India, Singapore, Dubai and Europe to provide a global network for local and international clients in the offshore, marine, fishing, renewables and insurance industries. In addition, Pirie & Smith, which also has an office in London, is actively looking at additional business opportunities in the Middle East.Alexander brings more than 34 years of seagoing and shore experience to the new post having previously
Saipem CEO Could Be Reappointed in May
The main shareholders of Italy's Saipem indicated on Thursday they would support the reappointment of Stefano Cao as chief executive of the oil service company. State lender Cassa Depositi e Prestiti (CDP) and oil major Eni, who jointly control Saipem, included Cao's name in the slate of directors they will propose at a shareholder meeting in May. Cao's name was second in the list, a position which traditionally indicates the name of the potential CEO. Saipem shares have fallen more than 80 percent in the last three years as the sector continues to suffer from lower spending
Ahilan Named Joint CEO at LOC Group
LOC Group has today announced the appointment of Dr RV Ahilan to the position of joint CEO, alongside Jerome Rutler. Ahilan brings a strong strategic and technical understanding of LOC's key offshore markets to the leadership team. Over a 30-year career in maritime, oil and gas and renewable energy consulting, Ahilan served as Executive Vice President of the Renewables Advisory Division at DNV GL, President of GL Garrad Hassan and MD of GL Noble Denton in Americas and Europe before he joined LOC Group in February 2016. Commenting on his appointment, Ahilan said: "We must
Zurquiyah Named CEO of CGG
Geoscience company CGG announced Sophie Zurquiyah has been appointed to take over as the company's next Chief Executive Officer. Zurquiyah, who previously served as CGG's Chief Operating Officer and Senior Executive Vice President in charge of the GGR segment, Technology and Global Operational Excellence, succeeds outgoing CEO, Jean-Georges Malcor, who will not pursue his mandate once the company's restructuring process is completed. "The Board is convinced that with Sophie, CGG will get a CEO with a strong knowledge of the company and the industry that will
Preece Named Managing Director at CWind
Mark Preece has been appointed Managing Director of CWind, the Global Marine Group (GMG) offshore renewable business. Preece, who has extensive experience in the offshore and maritime sectors, joined CWind on an interim basis late in 2017. He has formerly served as Executive Vice Chairman at PDi Ltd, CEO of CEONA Offshore and CEO of Reef Subsea.
Kongsberg to Deliver Fisheries Training Simulator
Kongsberg Digital has signed a contract with Lofoten Vocational School for development and delivery of a complete new K-Sim Fishery Simulator with fish finding and fish catching applications. The simulator will be based on sophisticated Kongsberg K-Sim simulation technology and market-leading Kongsberg Maritime (SIMRAD) professional fishery equipment, including echo sounders, sonars and trawl monitoring systems. Demand for a fishing vessel specific simulator, integrating all key operations on board has grown in recent years, based on implementation of new STCW requirements (STCW-F), advancement in
Løken Named CEO at Kvaerner
Karl-Petter Løken has been appointed President and Chief Executive Officer (CEO) for the international contracting company Kvaerner. Løken succeeds Jan Arve Haugan, who left Kvaerner for a position at Aker Energy. Kvaerner's EVP & CFO Idar Eikrem will continue as interim CEO until Løken steps into the role this spring after ending his current position as head of Project Development for Lundin Norway. Since 1991, Løken has held positions in the oil and gas industry for companies like Statoil, Aker Solutions and Lundin Norway. From 2011 to 2015
M² Subsea Taps Imrie to Lead Sales and Marketing
M² Subsea has appointed Andrew Imrie as global sales and marketing director. With a career spanning more than 20 years in the global oil and gas industry, Imrie joins M² Subsea from Ampelmann where he was commercial director, based in the Netherlands. Prior to this, he held a number of senior roles with Proserv, Amec, GE Oil & Gas and National Oilwell Varco. His broad industry experience, coupled with his strong commercial track record has seen him develop new and profitable business opportunities throughout his career. As global sales and marketing director, Imrie
Oil Producer Norway Starts Wage Talks to Avert Widespread Strikes
and natural gas is unlikely to be targeted from the start since the contract for rig workers' is valid until June, unions may still hit the sector by shutting down yards and other suppliers. Onshore processing and export facilities for natural gas are also at risk of strike, unions said, while offshore oil production workers could become involved in any extended strike. Western Europe's largest producer of oil and gas pumps about two million barrels of crude, condensate and natural gas liquids (NGL) per day, while its output of natural gas stands at around 320 million cubic metres per
Rubio Named CFO of GulfMark Offshore
GulfMark Offshore announced that Samuel "Sam" R. Rubio will be promoted to the position of Chief Financial Officer upon completion of the filing of the company's Form 10-K. Rubio will replace James "Jay" M. Mitchell, who will transition his responsibilities to Rubio over the next several weeks. Rubio joined GulfMark in 2005 and became Vice President – Controller and Chief Accounting Officer in 2008 and was promoted to Senior Vice President – Controller and Chief Accounting Officer in 2012. Rubio has over 35 years of experience in
Tidewater Names Rynd President, CEO
has served as interim President and Chief Executive Officer since October of 2017. Tom Bates, Chairman of the Board of Directors, said "After completing a comprehensive search, the Board is very pleased to welcome John to the team. He brings with him considerable experience in the offshore drilling services sector and the global oil and gas industry as a whole. John's experience, leadership and vision will be tremendous assets to Tidewater as we work to continue to strengthen the company's position in this challenging market." Rynd previously served as Chief Executive
Interventek Appoints Stuart as Business Development Director
Interventek Subsea Engineering has announced the appointment of Bruce Stuart to the role of Sales and Business Development Director. Stuart brings with him over 30 years of commercial leadership experience and in-depth operational knowledge of the oil and gas industry. Stuart joins Interventek from Proserv where he was VP Business Development Subsea, having previously held a seven year tenure at FMC Technologies, responsible for U.K. and Canada sales and marketing for their subsea products and systems. This new position at Interventek will support increasing levels of commercialization
FairfieldNodal Welcomes New Member to Its Board of Directors
Development. He has also held other key executive positions in the oil and gas industry, on the operator, service company and contractor sides of the business. He brings industry experience, strategic orientation, demonstrated business development track record and in-depth understanding of the offshore oil and gas segment as FairfieldNodal seeks to expand capabilities and capture new market opportunities.
Offshore Achievement Awards: Young Professional Finalists Revealed
Four young offshore industry professionals have been recognised for their career achievements after securing places on the shortlist for the 2018 Offshore Achievement Awards (OAAs), sponsored by TAQA. Chris Stewart, engineer at Expro, Laura Steedman, graduate mechanical engineer at BP, Lyndsey Thomas, offshore operations engineer at Nexen, and Jennifer Brown, offshore HSEA supervisor at Nexen, are the finalists in the Young Professional award category. From 20 applications an initial shortlist of six candidates were interviewed. The four shortlisted individuals impressed judges in a
Maersk Drilling Axes Dozens of Staff
Maersk Drilling USA is laying off 84 employees who work aboard the Maersk Viking (UDW drillship), located in the Gulf of Mexico, and report directly to the company's office in Houston, Houston Chronicle reported quoting data sent to the Texas Workforce Commission (TWC). The employees, who received notification of the layoffs on Jan. 12, report to the company's office at 2500 CityWest Boulevard. They will continue to work for the next two months until their employment is terminated, according to the WARN notice. The termination will likely be permanent unless the company
Forhaug Steps in as CEO at MMT
Marine surveying company MMT has appointed Peter Forhaug as acting CEO from January 1, 2018 while the Sweden based firm conducts its search for a permanent CEO. Forhaug has a background in finance and has acted as a senior advisor to the board of MMT and is representing MMT at the board of the SMaRC research project. MMT founder Ola Oskarsson will serve as vice president to assist Forhaug.
Hopkins Named Managing Director at Harris Pye UK
variety of vessels including oil tankers, gas tankers and cruise ships working for companies including BP, Mobil, and Cunard Line eventually qualifying and sailing as Chief Engineer, something to which other senior Harris Pye team members can also lay claim. He then made a career move into the offshore oil and gas industry where he spent the following 20 years and was involved with new builds, conversions and upgrade projects of both floating and fixed platforms for global companies including ConocoPhillips, Bluewater Energy and BW Offshore. He was primarily involved with the commissioning and
Sinclair Joins M2 Subsea
and decommissioning. Based in Aberdeen, Sinclair will be responsible for leading M2 Subsea's business acquisition strategy for both these sectors in the UK Continental Shelf (UKCS) and Europe. Bringing more than 10 years of industry experience, Sinclair joins M2 Subsea from Bibby Offshore where he held the position of engineering and innovation manager. Sinclair graduated with a masters degree in Mechanical Engineering, and started his career as a project engineer at Global Pipelay Operations Group before progressing to senior engineering roles at Subsea 7 and Technip Offshore
Ashtead Bolsters US Team
Global subsea equipment specialists, Ashtead Technology, has strengthened its leadership team with the appointment of Steven Thrasher as regional vice president for the Americas. Bringing almost 20 years' experience in the subsea industry, Thrasher, who will be based in Houston, Texas, will head up Ashtead's US operation as it gears up for further growth in the Gulf of Mexico (GoM) and neighbouring markets. Prior to joining Ashtead, Thrasher held a number of senior and technical positions at FTO Services, C-Innovation and Schilling Robotics. He began his career in the
Aquaterra Names Hawkes Financial Director
Offshore engineering solutions provider Aquaterra Energy has appointed Nick Hawkes as Financial Director based at the company's headquarters in Norwich. Hawkes has more than four years' experience in the oil and gas industry and joins Aquaterra having spent nearly 20 years with Babcock International Group where he latterly held the position as Financial Director for 15 years. Hawkes graduated from Bournemouth University in 1987 with a BA (Hons) Business Studies. His appointment follows the announcement in July that Aquaterra Energy secured a multimillion pound investment
Bishop Appointed Chairman of Selandia Ship Management
V.Group announced Bob Bishop has been appointed chairman of Selandia Ship Management in addition to his current role in business development of the Group. The acquisition of Selandia Ship Management in 2016 provided V.Group a unique opportunity to promote and develop a well-established specialist brand working in vibrant and developing markets. This appointment will allow Bishop to focus and use his expertise to build on the quality reputation of Selandia to enhance and expand their current fleet of more than 140 vessels.
Mæland Steps in as DeepOcean CEO
DeepOcean's board of directors announced that company COO Ottar Mæland will take over the responsibilities as acting CEO of DeepOcean, succeeding current CEO Bart Heijermans, who has decided to step down. Heijermans, who led the company through an ownership change during his tenure as CEO, has decided to step down from his position effective November 18, 2017. He will remain on the company's board as a nonexecutive director. Chairman of the board, Terje Askvig, said Mæland – who has been with DeepOcean for more than 10 years – will serve as acting
Redfern Joins RCG
Group (RCG) announced the ongoing growth of its expert services team with the addition of Simon Redfern to the firm's London office as Director. Redfern has a proven and well-respected track record in managing large, multi-disciplinary, geographically diverse teams across the full offshore wind asset lifecycle including development, project financing, construction, operations and equity sale processes. Redfern has deep, senior level commercial and technical experience across the full asset lifecycle of offshore wind projects, from project development, through construction
New Senior Management at Kreuz Subsea
McDermott International. The board of directors announced the appointments following the departure of former chief executive Kurush Contractor from the integrated marine and subsea services business after nine years of service. Kreuz Subsea employs around 250 people onshore and offshore in Singapore, Brunei and India and has projects currently underway valued at $150 million. The company has three multi-purpose support vessels (MSV) and expects delivery of its new Kreuz Challenger DP2 MSV in November. It also has an extensive fleet of diving systems and work-class remotely operated
Rigdon Named Interim CEO at Tidewater
Larry T. Rigdon will serve as interim president and chief executive officer (CEO) of Tidewater Inc. while a search committee seeks a permanent successor to Jeffrey M. Platt, who has elected to retire from his role as director, president and CEO of offshore service vessels (OSV) owner and operator effective October 15, 2017. "Having successfully completed the financial restructuring of Tidewater at the end of July, which positioned the company to weather current industry conditions and achieve success in the future, the board and I have agreed that the time is appropriate to
Keppel Wins SBM FPSO Conversion Deal
As energy markets start to rebound, Keppel Shipyard Ltd. secured a Floating Production Storage and Offloading vessel (FPSO) conversion contract from SBM Offshore N.V. (SBM Offshore). The contract calls for a VLCC to be converted into an FPSO, to be deployed to the Liza field, located approximately 193km offshore Guyana in the Stabroek block. The shipyard's work scope includes refurbishment and life extension works, such as the upgrading of living quarters, fabrication and installation of spread mooring systems, as well as the installation and integration of topside modules. The converted FPSO
Hovem Named CEO of DNV GL Oil & Gas
Europe, the Middle East and India in DNV GL's Oil & Gas business. She has more than 25 years of experience in international management, technical advisory and engineering services, research and development in the oil and gas and maritime industries. She has an MSc in Naval Architecture and Offshore Engineering from UC Berkeley (1990) and an MSc in Civil Engineering from the Norwegian University of Science and Technology (1987). Commenting on her appointment, Hovem said, "I look forward to leading the Oil & Gas business area in its next phase of development. The oil and gas
Maersk Oil CEO to Step Down after Total Takeover
The chief executive of Maersk Oil, Gretchen Watkins, will leave the company when Total's acquisition of the company has been completed, Maersk said Wednesday. Watkins joined Maersk Oil as Chief Operating Officer in January 2014 and took the role of CEO in October last year. Prior to joining Maersk Oil, she had worked at Marathon Oil and BP. Total agreed last month to buy the oil and gas business of A.P. Moller-Maersk for $7.45 billion, strengthening the French major's operations in the North Sea. The current COO at Maersk Oil, Martin Rune Pedersen, will become vice president
Falck Safety Services, Simwave Partner on Training
Falck Safety Services and Simwave are joining forces to serve the maritime and oil and gas industries with combined simulation and practical training. For more than 30 years, Falck Safety Services has offered safety training for the offshore, maritime and wind industries. On November 8th, Simwave will open its doors to the most advanced maritime simulator center in the world. This co-operation means that customers will be able to undertake simulation training at Simwave to complement the training at one of the training centers of Falck Safety Services. Simwave boasts 59 simulators
Corbin Joins Sparrows Group as European Director
Sparrows Group has appointed Matt Corbin as its regional operations director for the UK and Europe to support the company's continued growth in the oil and gas, renewables and industrial sectors. Corbin, who has more than 20 years' experience working in the oil and gas industry, has held several leadership positions including UK managing director for the subsea division of Aker Solutions and UK regional general manger for GE Oil & Gas. Most recently, he was supply chain consultant to the UK Government's regulatory body, the Oil and Gas Authority (OGA) and
Cammach Recruitment Acquires Bryant Group
Aberdeen recruitment specialist Cammach Recruitment said it has acquired rival firm Bryant Group in a deal that is expected to create a new, locally-owned market leader, based in the heart of the city, with combined turnover of more than £14 million ($18.6 million). Cammach Recruitment paid an undisclosed sum to take control of Bryant Group. The business – which consists of Bryant Engineering and Bryant Personnel – will continue to trade under its current name. The company's founder, Brenda Bryant, retires from the business after 37 years in the recruitment


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This post aims to clarify the difference between three concepts that most people doing computational work in economics, notably macro, come across sooner or later. These three concepts are the deterministic steady-state (DSS), the stochastic steady-state (SSS), which also goes under the name ergodic mean in the absence of shocks (EMAS), and the ergodic mean with shocks (EMWS). Seemingly similar, there are in fact important conceptual and practical differences between them. The piece is motivated by the observation that this nexus of concepts creates a fair amount of confusion, at least judging by questions in online forums, yet I have not come across a unified summary.[1] The post addresses the definition of the three concepts; how the DSS differs from the SSS; why the SSS is sometimes referred to as EMAS; and why all of this matters. In the interest of conveying the key ideas without too much notational baggage, I will at times abuse mathematical notation.
To fix ideas, consider a dynamic and stochastic (discrete-time) system made up of just one endogenous variable, , that is subject to the exogenous shock ; the ideas extend to higher-dimensional systems. Write the policy function for defining optimal decisions given state and shock as ; I assume this to be known (i.e., the model is solved and we ignore approximation error). To complete the notational setup, denote the past history of shocks by and future realizations of shocks by .
The deterministic steady-state of a system refers to the fixed point of that system provided all stochastic elements are removed forever. In other words, it is the state reached in the absence of shocks and expecting no future risk. Thus, the deterministic steady-state satisfies (with some misuse of notation)
and we can write it as
The DSS is, in principle, straightforward to compute: we set shocks to zero, "drop the time subscripts" and solve the resulting system of equations for the fixed point either analytically or computationally using, say, a Newton-type algorithm.
The stochastic steady-state (SSS) of a system, on the other hand, is that point in the state-space where agents would choose to remain if there are no shocks in that period but possibly in the future. That is, the stochastic steady-state satisfies
and, hence,
Finally, the ergodic mean with shocks (or simply, ergodic mean) corresponds to the theoretical mean of the process when shocks evolve normally:
In the simplest terms — any statistician reading this, please forgive me for not delving in detail into the relationship between time averages and ensemble averages — we can think of the ergodic mean as the average value of over a long period of time. More precisely, because the systems we typically work with satisfy certain conditions (stationarity and ergodicity), theoretical moments such as the mean are constant and can be obtained by computing the time average from a sufficiently long sample. The basic idea is that if we simulate a long chain, then we will have visited all parts of the state-space (with frequencies corresponding to the stochastic properties of the system) and can compute a time average that is informative about the expected value of the process.
The figures below illustrate the three concepts for a somewhat randomly chosen model I just had at hand. The grey line shows the simulated model with shocks; the grey line with bullets gives the EMWS. The blue line is the DSS and the orange line is the EMAS. Evidently, all three means differ.
What is the intuition for these differences? It is maybe not that difficult to imagine that the EMWS is different from the other two: To give but one example, if the model is highly non-linear and, for instance, good times are better than bad times are worse, then taking the average over the shock realizations might, for instance, leave you with an expected value that is above the DSS. But why is the deterministic steady-state different from the stochastic steady-state? The exact answer will differ from model to model, but in general, the answer is that if there is uncertainty about the future, agents may exhibit precautionary behavior that is not present if there is no risk at all. The magnitude of this "uncertainty correction" will be affected both by the amount of risk embedded in the model at hand and the extent to which agents respond to any given amount of risk (i.e., curvature).[2] Importantly, differences between DSS, EMWS and EMAS will appear only when using non-linear methods (e.g., higher-order perturbations, non-linear projections, etc.): if we approximate a solution using linearization, this approximation will exhibit "certainty equivalence," which for our purposes can be taken to mean that the terms of the approximated policy-rule (and, hence, the steady-state(s)) are unaffected by uncertainty.
To make the nature of this "uncertainty correction" easier to grasp, imagine you have a certain income each month that you can use in three different ways: movies, housing, and savings — the latter doesn't earn any return [3], but you can use accumulated savings to keep watching movies and having a roof over your head if you lose your job, say. You really enjoy going to the cinema but it would be horrific if you spent so much money on movies that you are no longer able to pay the rent. Perhaps you should not squander the money on the cinema but instead put it in a savings account? Presumably the optimal thing to do depends on how big the risk is of not being able to come up with the rent payment. Suppose, for instance, that you know for sure that each month, you have 1000$ available — it's always been that way and it will always be the case. Then you can calculate exactly how much is taken up by rent and how much you can spend on the cinema each period. This corresponds to the DSS. Now imagine, though, that although historically you reliably received your income, you are worried that the economy might go downhill and you could lose your job. As a result, you might think to yourself that you better save some money for rainy days instead of consuming. If we then looked at your behavior of the next couple of months, even if no income risk actually materializes, we will find that you spent less money on the cinema than you would have in the absence of future risk.
But why is the SSS sometimes referred to as the "ergodic mean in the absence of shocks"? Because we can think of it also as average value in a long sample when shock realizations are zero yet agents take into account the possibility of shocks occurring. That is [4],
This way of thinking about the SSS is also informative about the method by which we can find the SSS. Unlike for the DSS, we cannot simply ignore randomness. Fortunately, though, we can compute the SSS using simulation-based methods — just as we would do for the EMWS. First, iterate on times, where is large, starting at . Note that all shock realizations are zero, but each period, agents do not know that this will be the case going forward. Given the resulting sample , we approximate where is the number of burn-in periods needed for the process to converge from the DSS to the SSS. Qua steady-state, and we can equivalently say that [5]
Do these differences really matter? In fact, carefully distinguishing between the three different concepts is important in a number of applications. Two examples are characterizing the moments of model-generated data or when computing impulse response functions. For instance, suppose the goal is to characterize the average level of consumption in an economy subject to risk. Then the DSS will give a misleading answer, whereas the EMWS and the EMAS will take into account agents' reaction to risk. [6] Second, when non-linear methods are used to solve a model, impulse responses will depend on both and . One way to deal with this is to look at a "representative" IRFs at the ergodic mean in the sense that future shock realizations are averaged out. Thus, the "generalized" impulse response (GIR) of after a shock is given by
Here, too, care needs to be taken in choosing the right concepts: for sake of consistency, when computing such a GIR using simulations, we should start at the EMWS rather than the DSS (or EMAS); if, instead, we started from the DSS, say, then the IRFs would confound the transition from DSS to the ergodic mean with the true impulse response. In addition, when impulse responses are shown in proportional deviations from "the steady-state," the relevant concept with which to compare the absolute deviations is the EMWS.
Postscript: Implementation in Dynare
One of a number of ways users of Dynare can obtain these three objects is, schematically, as follows.
- If you are just interested in the deterministic steady-state and/or the ergodic mean:
i.) Simulate and solve (computing empirical rather than theoretical moments):
stoch_simul(order=3, periods = 2096, drop = 2000, pruning, k_order_solver, noprint, irf=0);
% simulated endogenous variables in oo_.endo_simul and exogenous variables in oo_.exo_simul
ii.) Deterministic steady_state:
vSSS = oo_.steady_state;
iii.) Ergodic mean with shocks:
vEMWS = mean(oo_.endo_simul,2);
- If you want the stochastic steady-state:
i.) Simulate and solve:
ii.) Specify:
Periods = 96;
SimulBurn = 2000;
iii.) Generate a matrix (or vector) of zero shocks:
mEpsZero = zeros( SimulBurn+Periods,M_.exo_nbr);
iv) Simulate with shocks set to zero:
mSimulNoShocks = simult_(oo_.dr.ys,oo_.dr,mEpsZero,options_.order)';
v.) EMAS is any of the final points after burn-in
– Notation: values to be chosen by the user are in italics. The "v" prefix stands for "vector" while "m" stands for "matrix." I employ the CamelCase convention.
– Of course, the concepts are valid beyond Dynare or perturbation methods more generally! For instance, the figure above is based on a global projection algorithm.
– This is largely based on J. Pfeifer's replication of Basu and Bundick (2017).
[1] Among others, I draw on Koop et al. (1996), Coeurdacier et al. (2011), Fernandez-Villaverde et al. (2011), Born and Pfeifer (2014) and Andreasen et al. (2018), but above all the comments of the unwearying Johannes Pfeifer in the Dynare forum.
[2] To be clear, the EMWS likewise accounts for uncertainty, indeed, it does so in a more comprehensive way (see Lan and Meyer-Gohde, 2014); however, it also accounts for the implications of realized volatility.
[3] I am abstracting here from questions of time preference.
[4] It is tempting to also condition on for both EMAS and DSS, tightening the link between theoretical concept and the way it is approximated through simulation, but conceptually this seems unnecessary.
[5] For the EMWS, we would likewise gather a sample by iterating on and then taking a time average, but here, of course, .
[6] Which one of these ergodic means is appropriate will depend on the question we wish to answer.


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|Other names
3D model (JSmol)
|ECHA InfoCard
|Lua error in Module:Wikidata at line 879: attempt to index field 'wikibase' (a nil value). Lua error in Module:Wikidata at line 879: attempt to index field 'wikibase' (a nil value).
PubChem CID
|Molar mass
|1.54 g/cm3 [1]
|Melting point
|Except where noted otherwise, data are given for
materials in their standard state
(at 25 °C, 100 kPa)
Infobox disclaimer and references
Maltose, or malt sugar, is a disaccharide formed from two units of glucose joined with an α(1→4) linkage. It is the second member of an important biochemical series of glucose chains. The addition of another glucose unit yields maltotriose; further additions will produce dextrins (also called maltodextrins) and eventually starch.
Maltose can be broken down into two glucose molecules by hydrolysis. In living organisms, the enzyme maltase can achieve this very rapidly. In the laboratory, heating with a strong acid for several minutes will produce the same result.
The production of maltose on germinating cereals, such as barley, is an important part of the brewing process. When barley is malted, it is brought into a condition in which the concentration of maltose-producing amylases has been maximized. Mashing then permits the amylases to convert the cereal's starches into maltose. Metabolism of maltose by yeast during fermentation then leads to the production of ethanol and carbon dioxide.
See also
External links
zh-min-nan:Be̍h-gê-thn̂g cs:Maltosa da:Maltose de:Maltose et:Maltoos it:Maltosio he:מלטוז lb:Maltos lt:Maltozė nl:Maltose no:Maltose simple:Maltose sl:Maltoza sr:Малтоза fi:Maltoosi sv:Maltos


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Beaver Meadows was donated to the State of Iowa in 1934 by the John Hancock Mutual Life Insurance Company and was originally developed in 1935 as a State Park by the Works Progress Administration as part of President Franklin D. Roosevelt's New Deal Program. The original park included a nine-hole golf course, camping and picnic areas, a shelter house, limestone restroom and low-head dam. Today the park is owned by the city of Parkersburg with the camping area managed by the Butler County Conservation Board under a long-term lease agreement.
Campers and park users at Beaver Meadows will find a variety of recreational opportunities to enjoy. Sixteen 50 amp electrical sites provide plenty of power for today's campers and the modern restroom has flush toilets. Showers provide campers with a fresh start to the morning or a place to clean up after a day of playing in the outdoors. Two shelter houses provide an area for groups to gather while kids will enjoy the playground.
Anglers will like the fishing opportunities in Beaver Creek provides as they work to catch catfish, smallmouth bass, and walleye while the area above the dam provides a small and relatively calm area for canoe and kayak enthusiasts to paddle. Two 9-hole traditional golf courses, Beaver Meadows located adjacent to the campground and nearby Legend Trail, provide ample opportunities for those interested in golfing while a challenging 9-hole disc golf course can be played within the park.
Other local amenities include several restaurants, the C.C. Wolf Mansion Historical Home, and City Swimming Pool and Park.


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More Sports Jun 19, 2019
Japan's fencers show progress at Asian championships
by Kaz Nagatsuka
"Yeah!" "Yo!" The exact words coming out of veteran fencer Kenta Tokunan's mouth were unclear. But this much is certain: he was fired up during the saber team competition. As a matter of fact, the 31-year-old shouted every time he scored a point and pumped his fist ...


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It has never been easy to be patient, but it's probably harder now than at any time in history. In a world where messages and information can be sent across the world instantly, everything is available with only a few…
The Magic of Attractive and Beautiful Women by Janet Smith
Although much attention is focused on helping men break free from pornography addictions, ministries are rising up to help women find deliverance from this bondage.
Do you know how to ride a bike?
Work hard for what you want, never give up no matter how hard it gets; never allow the negative in getting the better of you, remember you can do anything you put your mind to.
Physical Abuse (Relationship Guide Review)
Fox News anchor Bill O'Reilly, known for his hard-line stance on family values and violence in the home, allegedly assaulted his ex-wife, dragging her down the stairs by her neck in front of the pair's now 16-year-old daughters, according to…


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First aid kit for the Buick LaCrosse 2015
Get a first aid kit for your Buick LaCrosse 2015 by clicking here. You can also use the form below to find more parts and accessories for your car. Just scroll to the bottom or click here to skip to the form.
Most people do think about having small cuts or other minor accidents while riding int their car. However, it always pays to be ready for those situations if they ever should arrive. You might also encounter some problems on the road that you have nothing to do with but you want to help. It is in these times you will be glad that you have a first aid kit in your car. You can be effective in helping the person or people you need to help and the only problem you will have is replacing the supplies you have used.
The nicest thing about a first aid kit is someone else did the thinking for you and you do not have to think about what you need. You can add the kit if you like but you do not have to do it. You do not have to recreate the kit from top to bottom. It will have the essentials you need. Of course, if you have specialized needs then you want to make sure they are covered as well but you will be better equipped with a first aid kit than if you tried to assemble the kit yourself. You will have what you need in case of most emergencies and you can drive and sleep easier knowing that you are ready.
We are humans and humans, by nature, are somewhat clumsy. We tend to get our hands on things that can cut us and sometimes they do. It is good if we do not have to go searching for a band-aid or an antiseptic if we are away from an area where we can wash our hands and the wound. We all know that wounds should be cleaned as soon as possible. We do not all do that but we should. Most of the time it is because of convenience. Luckily, first aid kits in cars are all about convenience. We can lose things in bathrooms because we have a lot of products in there. The car does not have as much. If it does then it might be smart to put it somewhere there are not as many things there. The only thing to be careful of is that you place it somewhere where it could injury you when you go to grab it. You do not want to try to bandage a cut and get another cut because you tried to grab it.
Being prepared and having things in the right places is very important for emergencies or small accidents. The first aid kit for the Buick Lacrosse 2015 is a very good first step in having everything you need for these emergencies. All you have to do is get the item and make sure it is in a good place where you can access it quickly and you are not going to injure yourself getting it out because you will likely be in a big hurry when you do need it. You should not injure yourself using the product because that hurts you and uses up supplies because you will have to bandage yourself. If you have all this ready then the only thing you need to worry about is replenishing your supplies after using them. If you can keep yourself well stocked then you will have a good chance of being able to help people or yourself in a timely manner.
You need a first aid kit for your Buick LaCrosse 2015. You can get one by clicking here. You can also find more parts and accessories for your vehicle by clicking your vehicle's make, model, and year in the form below. If you need touch-up paint then click here. The system in the previous sentence does not include touch-up paint for the Buick LaCrosse 2015 in the results.


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By K.B. Tindal
Hip Hop Vibe Staff Writer
Yesterday, one of the biggest stories to impact was Dipset reuniting. The announcement was made by Funkmaster Flex. He revealed the crew, which consists of Cam'ron, Jim Jones, Juelz Santana, and Freekey Zekey, is reuniting with a mixtape and a tour.
Given the run they enjoyed during the early 2000s, fans have awaited a reunion from Dipset. The crew rolled strong and took on Jay-Z together, before they had their own falling out. In 2007, Cam'ron and 50 Cent began beefing, with the crew essentially taking sides with G-Unit.
With the announcement of Dipset getting back together, fans are still clamoring for it. Initially, Dipset reunited in 2009, followed by 2011, and now they are back together in 2015, which has led to fan reaction. While some have expressed boredom about the reunion, most have gotten on Twitter to express their anticipation for the new project.
Read the tweets about Dipset below:
Follow K.B. Tindal on Twitter @KBTindal.


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Train Briancon → Marseille
Duration 4h21 - From AU$70
About this journey The average travel time between Briancon and Marseille is 5h11 minutes. The quickest route is 4h21 minutes. The first train leaving Briancon is at 04:51, the last at 17:52. There is an average of 7 trains a day between Briancon and Marseille, leaving approximately every 1h48 minutes.
- Arrival station : Marseille st char (Square Narvik 12232 Marseille cedex 1)
Briancon, gain altitude ! The highest city of France, Briancon, is at an altitude of 1326 meters. With about 12 000 inhabitants, the town of the Hautes-Alpes is only 15km away from Italy. Its Vauban fortifications are listed to the UNESCO world heritage since 2008. Learn more about Briancon
Marseille, the oldest city of France
The oldest city of France, with its new cultural attractions, is the hotspot Mediterranean destination. Basked in a mild weather all year round, Marseille will charm you with its old village atmosphere, its fishing port and typical local cuisine. Learn more about Marseille
Book your journey from Briancon to Marseille From AU$70 AU$70
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Save money and see more with a France Pass Wish to explore more of France; then a rail pass may be just what you are looking for; giving you extensive travel in the country of your choice! France Pass


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In our previous article Why SSDs Die a Sudden Death (and How to Deal with It) we talked about SSD endurance and how it's not the only thing affecting real life reliability. In that article, we assumed that manufacturers' specifications of certain SSD models remain similar for a given SSD model. In fact, this is not the case. Quite a few manufacturers play tricks with consumers, releasing a certain SSD model with top notch specifications only to downgrade them at some point during the production cycle (but certainly after receiving its share of glowing reviews). While some OEMs do note the change at least in the revision number, the rest will just quote the small print allowing them to "change specifications at any time without prior notice". We've seen well known SSD manufacturers switching from reliable MLC NAND to planar TLC trash within the same model (and zero notice to potential buyers). How can you tell which NAND configuration your particular SSD drive employs and whether or not it lives up to your expectations? Read along to find out.
Many thanks to Roman Morozov, ACELab technical support specialist, for sharing his extensive knowledge and expertise and for all the time he spent ditching bugs in this article.
In our previous article Life after Trim: Using Factory Access Mode for Imaging SSD Drives we only mentioned reliability of SSD drives briefly. As you may know, NAND flash memory can sustain a limited number of write operations. Manufacturers of today's consumer SSD drives usually guarantee about 150 to 1200 write cycles before the warranty runs out. This can lead to the conclusion that a NAND flash cell can sustain up to 1200 write cycles, and that an SSD drive can actually survive more than a thousand complete rewrites regardless of other conditions. This, however, is not fully correct. Certain usage conditions and certain types of load can wear SSD drives significantly faster compared to their declared endurance. In this article, we'll look why a perfectly healthy SSD drive with 98-99% remaining life can die a sudden death. We'll also give recommendations on tools and approaches that can get the data back even if the SSD drive is corrupted or does not appear in the system. (more…)
Many thanks to Roman Morozov, ACELab technical support specialist, for sharing his extensive knowledge and expertise and for all the time he spent ditching bugs in this article.
SSDs are weird. They are weird in the way they write data, and even weirder in the way they delete information. In the good old days of striped magnetic recording, one could delete a file and rest assured its content was still there until overwritten at some (hopefully distant) moment in the future; not so on an SSD.
SSDs are different. They are different in handling deleted data, wiping evidence irreversibly in the background like they were criminals' best friends. Just power on the SSD, and it'll start background garbage collection, erasing trimmed blocks even if you connected it through a write blocker. Image the SSD, and you won't find anything in the "empty" areas – even if the actual data was still there at the time of the imaging. One more thing: your SSD has more storage capacity than it says on the box. 5 to 15% of the physical storage capacity is dedicated for a non-addressable pool; any data one deletes from the SSD that is subsequently trimmed by the OS can go straight into that pool, without any chance of accessing or even addressing the blocks.
Until very recently your only way of accessing deleted evidence on an SSD would be taking the chips off and performing a labour-intensive, time-consuming (let alone extremely expensive) chip-off analysis. We asked our partners from a forensic data recovery lab, and they told us they can do a four-chip SSD in a matter of two weeks. They also said they'd rather steer clear of the recent ten-chip SSDs, and they won't do anything about encryption.
Did I say encryption? It could be easier than you think. A recent discovery points out that Windows built-in BitLocker protection tends to delegate the job of encrypting data to the SSD controller (as opposed to doing the encryption on the computer using the CPU). As found in the research, many consumer-grade SSDs take it easy, keeping the encryption key unprotected in the storage chips on the SSD.
In this article, we'll talk about a recent development in SSD forensics allowing to prevent background trimming of evidence and providing access to the entire storage capacity of the disk including non-addressable areas. This method employs a so-called factory access mode. However, before we talk about factory access mode, let us first have a look at how SSDs store information and why it is so easy to destroy evidence and so insanely difficult to recover it. (more…)
Your browsing history represents your habits. You are what you read, and your browsing history reflects that. Your Google searches, visits to news sites, activities in blogs and forums, shopping, banking, communications in social networks and other Web-based activities can picture your daily activities. It could be that the browsing history is the most intimate part of what they call "online privacy". You wouldn't want your browsing history become public, would you?
"When I die, delete my browsing history". This is what many of us want. However, if you're an iPhone user, this is not going to work. Apple may hide your browsing history but still keep your records in the cloud, and someone (maybe using ElcomSoft tools) could eventually download your browsing history. How could this happen? Read along to find out!
If you have no idea what E-Discovery is, read Crossing the E-Discovery Border: IT and Legal. But if you do, I'd recommend attending this webinar anyway 🙂
No, it's no a typo :). COFEE means Computer Online Forensic Evidence Extractor, actually. Never heard about it? Then read Microsoft supplies Interpol with DIY forensics tool. Just don't ask where to get it. We have not seen it either.
The Encrypting File System (EFS) was first introduced in Windows 2000 and, as Microsoft claims, is an excellent encryption system with no back door.
However, the most secure encryption can be ambiguous. It would efficiently prevent hackers and other illegal intruders from breaking into your system and getting access to your well-encrypted data. The other side of the coin is that both a regular user and a seasoned administrator can lose important data due to unforeseen circumstances. It is also the case with EFS.
Check out the success story on how EFS-encrypted data can be recovered (the PDF is 81 Kbyte) with Advanced EFS Data Recovery.
Have you ever had to say sorry because you've sent an e-mail to a wrong person? Isn't it an embarrassing situation? Hopefully it wasn't a confidential e-mail otherwise you may get into trouble. After all it's typical of all of us. You've simply made a stupid blunder to enter a wrong address…or to use AutoComplete. Such things may trigger some unpleasant consequences which is actually a minimal harm AutoComplete can incur.
AutoComplete is just another exiting feature that can save your time. It is designed to accelerate computer interactions, facilitate the working process, and spare you the necessity to type in the whole text. Though it was initiated for user's convenience, AutoComplete represents an ominous threat to the security of your sensitive data.