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Gold Coast mega mansion attracts who’s who of the city

first_imgLocal businessman Sep Abedian and wife Flora are selling their Surfers mansion on Paradise Waters. Picture Glenn Hampson 113 Commodore Drive, Surfers Paradise.Ray White Surfers Paradise Group CEO Andrew Bell called the auction, which was held on the riverfront terrace of the property.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North3 hours ago02:37International architect Desmond Brooks selling luxury beach villa23 hours ago“This is unlike no other home, it’s a real statement in the street,” he told the crowd of about 60.“It has a class and style of its own.” Crowds at the auction. Picture Glenn HampsonBidding started at $3 million and quickly increased to $6 million before it paused and negotiations took place. The property was then passed in at $6.1 million. Auctioneer Andrew Bell in action. Picture Glenn HampsonA SPECTACULAR Surfers Paradise mansion lured some of the Gold Coast’s biggest movers and shakers when it went to auction yesterday.The event at 113 Commodore Drive, Paradise Waters attracted a who’s who of the Gold Coast, including Sunland Group managing director Soheil Abedian, entrepreneur and HomeCorp Group developer Ron Bakir and Rolls-Royce and Bentley car dealer David Baird. About 60 people attended. Picture Glenn HampsonThe house was built in the late 1980s for tourism figure and resort developer Keith Williams.It was later owned by Dreamworld founder John Longhurst and was bought in 2013 by its current owners, local businessman Sep Abedian and wife Flora.The Abedians have bought another property on Paradise Waters and have decided to part ways with the property they restored.last_img read more

Maputo Port Dredging Pays Off

first_imgThe Port of Maputo said in its latest release that the volume handled by the port in 2017 has grown 22%, adding that this result was positively affected by the dredging of the access channel, completed in January 2017. Before dredging, with the channel at -11 meters chart datum, the maximum sailing draft of the vessels in Maputo and Matola was, on average, 12.20 meters and the maximum parcel size  varied between 50,000 and 55,000 tonnes.“The dredging resulted in an increase of 40% to the average parcel size for Maputo Main Port and a 55% increase for Matola,” said the Maputo Port CEO, Osório Lucas. In July 2017, the Matola Coal Terminal (TCM) inaugurated the rehabilitation of its berth, which included deepening to -15.4 meters below chart datum along the quayside.TCM has become the port’s first terminal to take full advantage of the dredging initiative, allowing fully-ladden Panamax vessels of up to 275 meters long, 14.5 meters of draft on neap tides and 15.5 meters on spring tides.In 2017, the DP World Maputo Container Terminal also began its expansion works from 150.000 TEU’s to 250.000 TEU’s, scheduled for completion in the following weeks.The works included the expansion for two rail sidings of 375 meters each in length. The second phase of expansion contemplates the increase to 450.000 TEU’s, dependent on market demand.Maputo is also now preparing to receive vessels of even greater drafts, with the rehabilitation of berths 6, 7, 8 and 9 (a total of 1058 meters of berth) which will begin in the second quarter of 2018.[mappress mapid=”24822″]last_img read more