Arsenal set to agree deal to sign defensive midfielder Pape Gueye

first_imgFrenchman Guendouzi has been Arsenal’s breakout star in midfield (Picture: Getty Images)This wouldn’t be Arsenal’s first foray into the French second division, having picked up Matteo Guendouzi from FC Lorient in 2018.AdvertisementAdvertisementThe 20-year-old box-to-box midfielder has hit the ground running for the north London club, making 21 league appearances so far this season.France Under-19’s international Gueye could follow in the footsteps of Guendouzi, and has been described in France as a mixture of Paul Pogba and N’Golo Kante in terms of profile, standing a 6’1″.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalThe left-footed, deep-lying playmaker has made 37 appearances for Le Havre since signing his first professional contract in 2017.The historic French club have seen the likes of Premier League stars Paul Pogba, Riyad Mahrez and Benjamin Mendy all rise through their ranks in recent years.This could be the start of a busy summer window for the Gunners, with rumours that star trio Pierre-Emerick Aubameyang, Mesut Ozil and Alexandre Lacazette could all face the axe.MORE: Henrikh Mkhitaryan will return to Arsenal from Roma unless Gunners lower asking priceMORE: Arsenal manager Mikel Arteta reveals Gabriel Martinelli’s greatest attribute Comment Metro Sport ReporterTuesday 11 Feb 2020 12:40 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link7.2kShares Gueye has made 22 appearances in Ligue 2 for Le Havre (Getty Images)Arsenal are closing in on an agreement to sign Pape Gueye from Ligue 2 side Le Havre in the summer, described as a blend of Paul Pogba and N’Golo Kante.The 21-year-old could become new boss Mikel Arteta’s first permanent signing since taking over the reins from former manager Unai Emery in December.The Gunners completed loan deals for centre-back Pablo Mari from Flamengo and Portuguese right-back Cedric Soares from Southampton in the January transfer window.According to Jeunes Footeux, central midfielder Gueye could join in the summer for as little as £5million.ADVERTISEMENT Arsenal set to agree deal to sign defensive midfielder Pape Gueye Advertisement Advertisementlast_img read more

Navios Midstream’s Profit Sinks amid Challenging Market

first_imgMonaco-based owner and operator of tanker vessels Navios Maritime Midstream Partners (Navios Midstream) recorded a net income of USD 3.9 million USD in the third quarter of this year, a drop of almost 30 percent from USD 5.5 million posted in the same period a year earlier.EBITDA for the period stood at USD 14.5 million, against USD 15.7 million seen in Q3 2016, a decrease of USD 1.2 million.In addition, revenue decreased to USD 20.7 million in the three-month period ended September 30, 2017, from USD 22.2 million reported in the same period of 2016. As explained, this was due to the lack of profit share as a result of prevailing market conditions and unscheduled off-hires due to the prolonged drydock of one of the company’s vessels.Time Charter Equivalent (TCE) was USD 39,292 in Q3 2017, compared to USD 40,835 in the same quarter last year. “Continued volatility in the oil and oil transportation markets acts as an overhang. We have the luxury of being able to wait patiently, as Navios Midstream has long-term charters with a remaining average charter period of 3.6 years, that are expected to generate approximately USD 360 million in revenue. We also have no committed growth capex or any significant debt maturity until 2020,” Angeliki Frangou, Chairman and Chief Executive Officer of Navios Midstream, commented.The company said it entered into long-term charter-out agreements for its vessels, with a remaining average term of 3.6 years, which are expected to provide a stable base of revenue and distributable cash flow.Currently, Navios Midstream has contracted out 100% of its available days for 2017 and 2018 expecting to generate revenues, including the backstop commitment provided by Navios Maritime Acquisition Corporation of approximately USD 82.2 million and USD 86.6 million for 2017 and 2018, respectively. The average expected daily charter-out rate for the fleet is USD 39,562 and USD 39,559 for 2017 and 2018, respectively.As of October, Navios Midstream’s fleet comprises a total of six very large crude carriers (VLCCs).last_img read more