Tdi-Brooks acquires Gregg Drilling’s Cpt Cone manufacturing capability

first_img Source: Company Press Release TDI-Brooks has also purchased assets houses there, including machinery, test equipment, and inventory to manufacture these cones Tdi-Brooks acquires Cpt Cone manufacturing capability. (Credit: TDI-Brooks International, Inc) In a strategic move, TDI-Brooks International, Inc. has entered into an agreement to acquire Gregg Drilling’s CPT cone manufacturing capability in Nacogdoches, Texas. The premises were secured the last week in May 2020, which includes offices, laboratory, machine shop and warehouse space where Gregg Drilling’s cone penetrometers are designed, manufactured and maintained. TDI-Brooks has also purchased assets houses there, including machinery, test equipment, and inventory to manufacture these cones.This acquisition provides TDI-Brooks full design, manufacturing, maintenance, and calibration capabilities of specialized cones designed for our CPT-Stinger and gravity CPT (gCPT) used in offshore marine geotechnical programs. Purchase of these assets will allow TDI-Brooks to continue to offer a wide array of advanced Cone Penetrometer Testing capabilities, as well as to develop more new features and new tools.Use of tools such as the cone penetrometer, combined with laboratory testing at TDI-Brooks, enables the identification of soil layers for offshore site characterization studies. This tool consists of a cone-tipped probe, or penetrometer, which when pushed into the soil collects cone resistance, sleeve friction and pore pressure data used for identifying soil type and profiling soil strength.The CPT-Stinger installed in a JPC core-head, is deployed and triggered with the well-proven TDI-Brooks JPC process, allowed to free-fall ballistically to insert itself into the sediment like a JPC while constantly collecting and storing CPT data.  Once fully embedded in the seafloor with the necessary resulting reaction force now available, the CPT-Stinger is programmed to extend a rod from inside the barrel deeper into the formation (like a stinger) at the standard ASTM (static) cone push rate.last_img read more

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Wärtsilä to supply LNG/bioLNG production plant for CO2-neutral transport fuels

first_img Illustration of the LNG/bioLNG production plant for CO2-neutral transport fuels. (Credit: Wärtsilä) The technology group Wärtsilä has been awarded a major contract to supply and construct a plant for production of CO2-neutral liquid transport fuels. The plant will liquefy gas from the natural gas grid to produce carbon-neutral LNG. It will have a capacity of approximately 100,000 tons per year and located in Cologne, Germany. The order with Wärtsilä was placed in September 2020.Wärtsilä’s vast experience and state-of-the-art technologies developed for the process design, fabrication, and delivery of gas liquefaction plants and mature gas treatment solutions prior to liquefaction, were key factors to secure the contract.“It is an honour to have been awarded this order for a landmark project. We take this as a clear endorsement of Wärtsilä’s capabilities in this field. The use of LNG as an emissions-reducing fuel in the marine and transportation industries is already well established, and to introduce bioLNG which can be mixed with LNG is the next obvious step in enabling a CO2-neutral transportation fuel. We look forward to continuing on our mission to enable sustainable societies with smart technology,” said Antti Kuokkanen, VP Gas Solutions.The feedstock for bioLNG is based on biological waste material e.g. liquid manure and food waste. The feedstock is fed to an anaerobic digestion reactor that produces biogas, which is then upgraded to biomethane and injected into the natural gas grid. Green gas certificates are issued along with the injected biomethane, which then permits operators at other locations, such as liquefaction plants producing bioLNG, to buy the certificates and utilise the biomethane.The Wärtsilä scope for this project includes the engineering, the civil works, installation, and commissioning of the plant. The plant will include a gas treatment system based on Wärtsilä’s Puregas CA technology, a liquefaction unit utilising Wärtsilä’s Semi-Dual Brayton technology, storage tanks, truck filling stations, and all necessary safety flare and auxiliary equipment. The plant is expected to be fully operational by autumn 2022.Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on the journey towards a sustainable future through focus on lifecycle, innovation and digitalization. Source: Company Press Release The feedstock for bioLNG is based on biological waste material e.g. liquid manure and food wastelast_img read more

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Hung parliament: the property industry’s first responses

first_imgHome » News » Hung parliament: the property industry’s first responses previous nextHung parliament: the property industry’s first responsesThe Negotiator gathers the different reactions to last night’s political upheaval from industry figures.Nigel Lewis9th June 201702,148 Views There are many people who won’t be thanking Theresa May for yesterday’s election and today’s hung parliament including her Housing Minister Gavin Barwell who lost his seat last night in Croydon Central.But it’s clear from the property industry’s reaction to the hung parliament result that the political uncertainty that Theresa May has managed to pluck from the jaws of stability following the EU Referendum, is not welcome.The housing market hates uncertainty – people buying and selling their most prized and valuable asset don’t like moving when an election is looming, and particularly when it’s the third national vote in two years.RICS released research yesterday revealing the damage that the election had already done to the property market. It said that a drop in the number of properties coming on the market during May had been “exacerbated by the General Election, as some adopt a ‘wait and see’ approach”.“In May, 25% more respondents cited a decline in fresh listings (compared to those reporting a rise), producing the most negative reading since July 2016,” the RICS report said.Nick Leeming, Chairman, Jackson-Stops & Staff“The UK was promised a period of stability but today’s announcement provides anything but at this stage. All markets abhor uncertainty and the housing market is no exception. The priority now must be for politicians to provide reassurance by forming a Government as quickly as possible.“The housing market has already been the recipient of doom and gloom in the news this week and certainty is now required to inject confidence and increase fluidity across all levels.“With Gavin Barwell gone, it will be interesting to see what happens to the long awaited Housing White Paper that disappeared from the scene since its publication in February.“Regardless of how the Government is formed, it is clear from each of the main political parties’ manifestos that housing is a priority and so a clear strategy must be put in place to tackle the problems of supply, high transaction costs and affordability.”Carol Pawsey, Lettings Director at KFH“The spotlight is firmly on the rental sector as a key component in shoring up housing supply. The new government, however it is compiled, needs to ensure we have a balanced private rental sector that attracts investors and landlords to the market while looking after the long-term interests of the increasing number of tenants looking for quality long-term rental homes.”David Westgate, Group Chief Executive at Andrews Property Group“Whilst the fact that no one party in Parliament has an overall majority could be viewed as a bad thing which will see uncertainty continue, the fact that there’ll be more cross-party debate should be welcomed by those in the property sector.“Housing should be above politics and a hung Parliament could see more de-politicised debate take place.  This should be welcomed.“We need to ensure that more properties are built and that the conditions are in place to make this happen, whilst developers are given the confidence to progress with new projects.“We also need to see an increase the supply of properties coming on to the market and one way to achieve this would be via an urgent review of Stamp Duty which none of the main parties committed to before we went to the polls – now would be a good time to make that commitment.”Adam Challis, JLLThe first agents to comment on the result include JLL, whose head of research Adam Challis said he thinks the housing market requires “greater ambition and bold action from the new government”.Commenting on the uncertainty a hung parliament will bring, he said: “the short-term impacts are uncertain and this could drag on housing market activity if clear political leadership does not emerge quickly”“It is likely that we will see some ministerial shake-ups in the coming days and weeks.“For the most part, big changes would be unfortunate with respect to senior housing market posts, notably the loss of Housing Minister Gavin Barwell.It will be crucial that the new champions of housing market policy in Government can reaffirm commitments to the current policy direction rather than to create further disruption or uncertainty.”Martin Bikhit, MD of London agent Kay & Co.“The likelihood of a hung parliament seemed remote at the start of the election campaign, but that is the reality to which we have woken this morning. Whether we end up with a minority Labour government, or with a formal coalition, as in 2015, will depend on the various negotiations that will take place in the next few days. Cool heads will be needed and a period of political uncertainty – hopefully, not prolonged – seems inevitable.”Michelle Niziol, MD of Bicester agent IMS Property Group“We continue to face days and weeks of uncertainty with the outcome of the election being a hung parliament and with the former housing and planning minister having lost his parliamentary seat,” she says.“Any newly formed Government will need to work closely with organisations within the property industry and other sectors to deliver a successful housing strategy for the years to come. More affordable housing to buy and rent, a reformed Stamp Duty system so that sellers take on the cost rather than homebuyers, and measures to speed up house building and delivery of infrastructure, should be high on the housing agenda of any Government.”Matthew Turner, CEO of home finder Astute Property“With a hung parliament, we are now likely to see more instability in the market and economy. The British pound will weaken, providing international purchasers with the further opportunity to purchase with a favourable exchange rate. However, uncertainty will cause prospective buyers to stay out of the market, leading to fewer transactions going forward. The next few days will see negotiations which will decide whether we enter into a coalition or a minority labour government and with Brexit on the horizon, the uncertainty is set to continue for the foreseeable future.”Jason Rishover, CEO of home counties builder Heronslead Group“This shock result means that all the uncertainty surrounding the housing market and the lack of confidence in buyers will continue. The country will not have a clear direction for some time, and it will be time consuming and challenging for both parties to agree on policies. Brexit will now be much more problematic.” Gavin Barwell Martin Bikhit Michelle Niziol matthew turner adam challis June 9, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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Virtual Reality property tours launched in Wales

first_imgAlexanders reports that it is the first estate agency in Ceredigion/Powys to introduce Virtual Reality Property Tours.They have created VR suites in their offices, where customers may come in, sit down in the pod and view the properties of their choice whilst relaxing and having a coffee.Wearing the headset allows them to be in charge of the camera, and it allows couples to simultaneously share the experience of a virtual viewing in either of Alexanders offices without actually visiting the property in person.Alexanders launched their first 360 video on our Facebook page, and within a week the property was sold.Layla Mangan, Partner at Alexanders said, “We are delighted to be the first estate agency in Wales to offer this new way for clients to view houses and make decisions on their new home.“Virtual Reality is becoming more influential in all aspects of commerce and I am sure that others will want to follow our lead. This method of operation is now rolling out as an option across our network and gives our clients a real advantage in selling their homes.”proptech virtual reality Virtual Reality in Wales Virtual Reality Property Tours August 15, 2017The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Virtual Reality property tours launched in Wales previous nextProptechVirtual Reality property tours launched in WalesCountry’s first agent to adopt VR property tours is Cardiff-based single-branch Alexanders.The Negotiator15th August 201701,014 Viewslast_img read more

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Is Britain building again? New home registrations rose by 6% during 2017, says NHBC

first_imgThe promise by the Conservatives to get the UK building again is being delivered if the most recent new home registrations from NHBC are any thing to go by.It says 160,000 homes were registered to be built last year in the UK, an increase of 6% on 2016 during which 152,017 properties were registered.NHBC’s new homes registration figures aren’t always an comprehensive view of the market, partially because its members only represent 80% of all builders, and also because registrations don’t always turn into bricks and mortar.For example, only 141,685 new homes were built last year, nearly 19% fewer than the number registered.Nevertheless, NHBC says the number of homes built by the private sector grew year-on-year during 2017 by 3% to 118,825. Also, the number of affordable homes increased 14% to 31,781, the highest ever figure.The surge in house building took place in nine out of the UK’s 12 regions and includes London, which has seen a decline in the number of new homes registered every year since 2014, helping reassure agents there that it’s property market may be reviving.Other areas of the country which saw significant increases include the East Midlands, Wales and the North West.“Our figures show the market has delivered strong growth resulting in the highest new home figures for a decade and growth across the majority of the UK, including London for the first time since 2014,” says NHBC Chief Executive Steve Wood (pictured, left).“Looking ahead, NHBC will continue to work with the industry to help raise the standards of new homes.”But despite the improving figures, the government still has an uphill struggle ahead of it – the Ministry of Housing, Communities and Local Communities has promised Britain will be building 300,000 a year by the mid-2020s.new home registrations NHBC Steve Wood January 29, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Is Britain building again? New home registrations rose by 6% during 2017, says NHBC previous nextAgencies & PeopleIs Britain building again? New home registrations rose by 6% during 2017, says NHBCTrade body reveals more homes were registered and built last year across most regions, including the first rise in London for three years.Nigel Lewis29th January 201801,467 Viewslast_img read more

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Government to introduce mandatory three year tenancy contracts

first_imgHome » News » Housing Market » Government to introduce mandatory three year tenancy contracts previous nextHousing MarketGovernment to introduce mandatory three year tenancy contractsSources tell BBC that government believes minimum mandatory period would give both tenants and landlords more security.Nigel Lewis2nd July 201801,652 Views The government is planning to bring in a compulsory three year tenancy period, it has been revealed, months before its own consultation on the proposal is finished.Over the weekend government sources told the BBC that it believed the proposed measure would give landlords greater financial security and help tenants put down more solid roots.The proposed policy is a direct steal from Labour’s 2015 manifesto, which pledged to back three-year tenancies.But unlike Labour’s, this one would see tenants able to terminate their contract before the three years was up, but that landlords would not be able to.three year tenanciesThe government’s belief that tenants want and need more security is contradicted by research last year by the Deposit Protection Service which found that 80% of the 40,000 tenants it canvassed preferred the current arrangements.The proposal, which is to follow an ongoing consultation with the industry and tenant representatives, has been met with fury by the National Landlords Association (NLA), whose CEO yesterday said “I feel we’ve been misled”.This refers to comments last year by previous housing secretary Sajid Javid, who had promised a more consultative approach.“This is supposed to be about meeting the needs of the consumer,” said NLA CEO Richard Lambert (pictured left).“[Our] research with tenants consistently finds that 40% of tenants want longer tenancies, but 40% do not. More than 50% consistently say that they are happy with the tenancy length they were offered, and 20% tell us that when they asked for a longer tenancy, they got it.”But the Build-to-Rent sector, which in the past has tried to distance itself from the private landlord sector by promoting more tenant-friendly renting, has welcomed the proposal.Johnny Caddick (pictured, right), Managing Director of BTR developer Moda, says: “It makes sense that residents are given security of tenure. So we fully support these moves provided people have flexibility if they only wish to stay for a year or two.” NLA longer tenancies Johnny Criddick Richard Lambert Moda National Landlord Association BBC Sajid Javid three year tenancy contracts July 2, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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Sequence changes Rightmove listing after complaint

first_imgSales and lettings chain Sequence UK has given an undertaking to the Advertising Standards Authority to update its listings on Rightmove more promptly after properties are taken off the market.A member of the public recently complained to the advertising watchdog about the agency after enquiring about one of its properties on the portal, only to discover that it had already been sold.“We received a complaint about a property listing on Rightmove,” an ASA spokesman said.“A complainant believed the ad was misleading because they were told the property was no longer on the market.“The advertiser removed the listing and we told them in future to ensure they updated listings as soon as they knew a property was off the market.”resolved informallyFollowing the exchange between the ASA and Sequence, the matter has been resolved informally, rather than been dealt with by the ASA’s main adjudication panel.Sequence has only once before been investigated by the ASA when in June 2018 its Barnard Marcus Auctions business was asked to amend its online catalogue after a member of the public complained about a listin. It hadn’t mentioned that a plot of land up for auction could only be accessed via third party land and only by using a tractor.Sequence has 320 branches around the UK and operates 14 different brands including its best known, Barnard Marcus and william h brown.Rightmove advertising standards authority ASA Sequence July 17, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Sequence changes Rightmove listing after complaint previous nextRegulation & LawSequence changes Rightmove listing after complaintEstate agency chain must update its property listings ‘more promptly’ when properties are no longer available to buy, the ASA says.Nigel Lewis17th July 20190637 Viewslast_img read more

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General Election latest: Conservatives make a U-turn on rent controls

first_imgHome » News » General Election latest: Conservatives make a U-turn on rent controls previous nextRegulation & LawGeneral Election latest: Conservatives make a U-turn on rent controlsHousing secretary Robert Jenrick said in November that rent controls were ‘dead in the water’ but has now revealed that limits on rises during tenancies will be outlawed.Nigel Lewis9th December 201901,435 Views Housing secretary Robert Jenrick has signalled a government U-turn on rent controls after revealing in an interview with the i newspaper that a Johnson administration would consider limited controls on rent rises.The comment are clearly intended to appeal to the newspaper’s largely 20-something audience who may have been attracted Labour’s manifesto promise to introduce them across England and Wales.Jenrick has shifted position significantly since early November when he told a meeting of the Parliamentary housing select committee that as a concept they were ‘dead in the water’.“I am not in favour of rent controls,” he revealed at the time. “That has proven to be very negative for both landlords and tenants in the past, and I do not want to see any move in that direction.”But the realities of winning votes appear to have prompted a change of heart.Jenrick told the i newspaper that: “We don’t believe that old fashioned rent controls are a good idea.“And that isn’t something that we want to revert to. We want to learn the lessons of the past and produce a fairer deal to tenants that works for the modern housing market.”Instead the minister has said a future Conservative government would “carefully consider… what contractual commitments can be made that provide greatest certainty to tenants.“Whether that’s having clear guidance as to the rate at which your rent might rise or the length of your tenancy.” Which sounds like rent controls-lite. December 9, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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80% of home movers think gazumping needs solving – could Reservation Agreements do the job?

first_imgNew research within the property market has revealed shocking data on how widespread gazumping has become and highlighted how much vendors and buyers hate the carnage it can cause.Bridging finance firm MFS interviewed 750 people who have bought a property over the past decade. The company discovered that a third of those it surveyed had lost a property due to gazumping, although that figure increased to nearly half in London.Also, overall 40% said they had paid non-refundable professional fees prior to exchange but had then been gazumped. Consequently, MFS says 80% of those canvassed said they’d like to see laws passed in England and Wales outlawing gazumping.Their wishes may be granted. In October the government announced that it is to pilot reservation agreements during a three-month trial starting in the New Year.These would require buyers and sellers to put down a significant cash deposit of up to £1,000 after an offer is accepted, something that is likely to eradicate both gazumping and gazundering overnight.“As demonstrated from our research, not only is gazumping a cause for frustration and disappointment, it can also incur significant costs to the prospective buyer,” says Paresh Raja, CEO of MFS (left).“Avoiding complicated chains and having immediate access to finance can reduce the chances of a prospective buyer missing out on a purchase, but it is clear from the findings that further measures are needed to prevent it in England and Wales.“This is something homebuyers are calling for, and it is now up to the next elected government to look at measures to stamp out gazumping as a top priority.”gazumping Paresh Raja MFS reservation agreements December 5, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » 80% of home movers think gazumping needs solving – could Reservation Agreements do the job? previous nextHousing Market80% of home movers think gazumping needs solving – could Reservation Agreements do the job?New research into gazumping shows that up to half of buyers have been gazumped and 40% have lost money after paying for surveys or legal work prior to exchange.Nigel Lewis5th December 201901,654 Viewslast_img read more

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Property industry calls on Chancellor to release 500,000 home owners trapped by cladding scandal

first_imgTwenty-two consumer and industry groups and companies with involvement in the ongoing cladding scandal have joined forces in an unprecedented show of solidarity in order to campaign together.Property managers, residents, freeholders and cladding campaigners have signed a joint letter to new Chancellor Rishi Sunak to press for the government to provide the billons of pounds needed to fix the cladding crisis in the UK following the Grenfell Towers fire tragedy.The country’s ongoing cladding scandal has consequences for estate agents too.An increasing number of home owners are now stuck in buildings that feature dangerous cladding; many lenders will not approve mortgages for apartments within them and potential purchasers are wary of the costs they could face to replace cladding.Those signing the letter include trade bodies such as the Association of Residential Managing Agents, the Leasehold Knowledge Partnership and The British Property Federation.Others include property management giants SDL Property Management, Trinity Estates and FirstPort as well as freeholders such as the Wallace Partnership Group and Simarc.“The Grenfell tragedy has uncovered one of the biggest safety crises in recent British history,” the letter says.“Two and a half years on, people are still living in apartment buildings with dangerous cladding. Building safety policy, dating back decades and overseen by governments of all political colours, has failed in its totality.“Building owners and property managers are stepping in to fix these buildings and ensure the safety of residents.“But, where the costs are not recoverable from the original developer, or through an insurance claim, the burden is falling on those who live in these buildings. Why should homeowners pay the price for such a systemic failure?”.Nigel Glen, Chief Executive Officer, The Association of Residential Managing Agents (ARMA) says:“The Grenfell tragedy highlighted the dangers of ACM cladding, but it has also revealed a much wider building safety crisis which could affect over half a million people. These buildings are being fixed by building owners and managing agents as quickly as possible but, without Government support, the process could take decades and leave leaseholders with life-changing bills on top of the anxiety that has already been caused.” Grenfell Tower ARMA Association of Residential Managing Agents February 25, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Associations & Bodies » Property industry calls on Chancellor to release 500,000 home owners trapped by cladding scandal previous nextAssociations & BodiesProperty industry calls on Chancellor to release 500,000 home owners trapped by cladding scandalConsumer, property management, campaigning and freeholder groups all urge Rishi Sunak to release funds to help home owners trapped in unviable ACM-clad buildings.Nigel Lewis25th February 202001,284 Viewslast_img read more

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