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Thursday, July 10, 2008
July 11, 2008: Stevens Kicks Off DHS Center of Excellence in Port Security
Comtex
HOBOKEN, N.J., July 10, 2008 /PRNewswire-USNewswire via COMTEX/ ----Senator Menendez, Congressmen Rothman and Sires to speak
Tomorrow, Friday, July 11, beginning at 10 a.m., Stevens Institute of Technology will hold an inaugural ceremony to kick off the Department of Homeland Security-designated Center of Excellence in Port Security.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020717/NYW107LOGO )
The event will begin at 10 a.m. in the atrium of the Lawrence T. Babbio Center for Technology Management, located at 6th Street and River Terrace in Hoboken, N.J.
Appearing to make remarks will be Stevens' President Harold J. Raveche; Dean of Engineering and Science, Michael S. Bruno; and Mr. Jay Cohen, Under Secretary, Science and Technology Directorate, US Department of Homeland Security.
Also confirmed to speak at this time are Senator Robert Menendez, Congressman Steven R. Rothman and Congressman Albio Sires. Joining them on the platform will be university partner in the Center of Excellence, Richard L. McCormick, President of Rutgers, the State University of New Jersey, and officials from Stevens' other university partners including M.I.T, the University of Miami, Monmouth University and the US Merchant Marine Academy.
Tours of the Center Command Facility will be held beginning at 12 p.m. followed by a light luncheon.
What: Stevens kicks off DHS Center of Excellence in Port Security
When: July 11, 2008 beginning at 10 a.m., ending 1:30 p.m.
Where: Stevens Institute of Technology, Lawrence T. Babbio Center for Technology Management
Who: Officials from Stevens Institute of Technology, Senator Robert Menendez, Congressmen Rothman and Sires and university partners.
Program of the Day:
REMARKS
Dr. Michael S. Bruno
Dean, the Schaefer School of Engineering & Science
Dr. Harold J. Raveche
President, Stevens Institute of Technology
Dr. Matthew Clark
Director, University Programs, US Department of Homeland Security
KEYNOTE ADDRESS
Admiral Jay Cohen
Under Secretary, Science & Technology Directorate
US Department of Homeland Security
ELECTED OFFICIALS
Senator Frank R. Lautenberg (Invited)
Senator Robert Menendez
Congressman Frank A. LoBiondo (Invited)
Congressman Steven R. Rothman
Congressman Bill Pascrell, Jr. (Invited)
Congressman Albio Sires
The Hon. David Roberts
Mayor, City of Hoboken
NON-UNIVERSITY PARTNERS
Bethann Rooney
The Port Authority of New York and New Jersey
Richard L. Canas
Director, New Jersey Office of Homeland Security and Preparedness
UNIVERSITY PARTNERS AND AFFILIATES
Rutgers, The State University of New Jersey
Richard L. McCormick
President
University of Miami
Dr. Hans C. Graber
Co-director, Center for Southeastern Tropical Advanced Remote Sensing (CSTARS)
Chair, Division of Applied Marine Physics
Massachusetts Institute of Technology
Professor James Rice
Deputy Director, Center for Transportation and Logistics (CTL)
Director, Integrated Supply Chain Management Program
Director, Supply Chain Exchange Program
Monmouth University
Tony MacDonald
Director, Urban Coast Institute
United States Merchant Marine Academy
Daniel R. Croce
Captain, USCGR
Division Manager, Security and Transportation,
Global Maritime and Transportation School
About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis(R), involves external partners in launching business enterprises to create broad opportunities and shared value. Stevens offers baccalaureates, master's and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,040 undergraduate and 3,085 graduate students, and a worldwide online enrollment of 2,250, with about 400 full-time faculty. Stevens' graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.
For the latest news about Stevens, please visit www.StevensNewsService.com.
SOURCE Stevens Institute of Technology
http://www.stevens.edu/
Copyright (C) 2008 PR Newswire. All rights reserved
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No, it's not a dance craze. Contago is a condition of supply and demand, essentially a fancy word to say that prices for items, typically commodities, are cheaper now than they would be at some point down the line.
Anything that¿s sold in the futures market can be in a case of contango. Futures are exactly that: a contract to buy an item or asset at a price in the future. This is the case with oil, with traders buying and selling contracts to acquire a barrel of oil in months down the line. When a market is in contango, spot prices, or the price of a commodity if you were to buy it right now, are lower than forward prices.
Why is that important? Well, it usually tells you the supply of a given commodity is plentiful (since, according to Economics 101, a large supply usually leads to cheap prices).
Incidentally, if you think contango is a mouthful, its opposite condition is known by the equally tongue-tying term backwardation.
