160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Doctors said Sterne is a former Eagle Scout who kept enough cool to fashion a tourniquet from an electrical cord after a bullet tore a inch-long gash through the femoral artery of his right leg. “The patient that I took care of was an incredible guy,” said Dr. David Stoeckle, chief of surgery at Montgomery Regional Hospital. “He was bleeding significantly … he knew he was bleeding to death.” Emergency workers later applied a second tourniquet to the leg before racing him to the hospital for immediate surgery, Stoeckle said. The surgeon did not identify Sterne by name, but his parents told reporters Tuesday their 6-foot-2 son was the student in the photograph. – Associated Press BLACKSBURG, Va. – The image hinted at the horror that unfolded: a Virginia Tech student, sprawled and bloody, in the arms of others who struggled to carry him to safety. The near-death ordeal of senior Kevin Sterne, captured in that photograph that played Tuesday on the front page of the Daily News and on newspaper front pages across the country, also reflects the resiliency and hope emerging from the nation’s deadliest campus shooting rampage. Sterne was among the dozens of students shot in Norris Hall classrooms Monday. Police on Tuesday identified Cho Seung-Hui, a 23-year-old senior English major, as the shooter in the massacre that left 33 people dead, including himself. Sterne was in stable condition Tuesday, and doctors credited his quick thinking.
zoom Monaco-based shipping company Scorpio Bulkers has received a commitment for a loan facility to finance a part of the market value of the three Ultramax dry bulk vessels it recently agreed to acquire.Secured from an undisclosed European financial institution, the loan facility is for an amount of up to USD 38.7 million. It will be used to finance up to 60% of the market value of the Ultramax trio.Scorpio Bulkers said that the loan facility will have a final maturity of five years from the signing date and bears interest at LIBOR plus a margin of 2.85% per annum. The terms and conditions will be similar to those set forth in the company’s existing credit facilities.The loan facility is subject to customary conditions precedent and the execution of definitive documentation.Scorpio Bulkers informed that it has agreed to modify the deal related to the acquisition of one of the Ultramaxes, namely the 2015-built ship. Scorpio Bulkers will now include in the total consideration 910,802 common shares of the company.All of the Ultramax vessels were built at Chengxi Shipyard in China. Two of them were delivered in 2014 and one in 2015.