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Suðuroyartunnilin
Suðuroyartunnilin (the Suðuroy Tunnel) is a planned undersea tunnel in the Faroe Islands, linking the island of Suðuroy to Sandoy. As of 2024, all vehicles and cargo, and virtually all passenger traffic must use the ferry service. Current situation At present, a ferry service operates between Krambatangi on central Suðuroy and the capital Tórshavn. The ferry is operated by the national transport company Strandfaraskip Landsins and uses the vessel ''Smyril'' (passengers and cargo) taking two hours and five minutes each way. In 2019, on average 1,000 passengers (including the drivers) and 290 vehicles embarked on the ferry per day. The frequency is either twice or three times per day, though the service is frequently cancelled in winter due to adverse weather and heavy seas, since the Suðuroyarfjørður strait is exposed to swell and strong tidal currents (with overfalls in places), and funnels northwesterlies. Currently another ferry links Skúvoy and Sandoy multiple ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suðuroy
Suðuroy (pronounced: �suːwʊrɔior �suːri ‘South Island’, ) is the southernmost of the Faroe Islands. The island covers 163.7 square kilometres (63.2 sq mi). In 2018 the population was 4,601. Suðuroy region ( sýsla) comprises this island and Lítla Dímun, the next isle northward in the Faroes, which is uninhabited. History One ancient settlement, Víkarbyrgi was abandoned late in the 1990s. Another settlement, Akraberg was abandoned around 1350 because of the Black Death; the people who lived there at that time came from Friesland, and legend has it that people in Hørg (in Sumba) can trace their ancestry back to this settlement, which was situated on the southernmost point of the island. In the 17th century, Suðuroy was subjected to repeated attacks by North African pirates, who in the Faroe Islands were referred to as Turks when North Africa belonged to the Ottoman Empire. One well known such incident was the Slave raid of Suðuroy. They abducte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Undersea Tunnel
An underwater tunnel is a tunnel which is partly or wholly constructed under the sea or a river. They are often used where building a bridge or operating a ferry link is unviable, or to provide competition or relief for existing bridges or ferry links.Sullivan, WalterProgress In Technology Revives Interest In Great Tunnels New York Times, June 24, 1986. Retrieved 15 August 2010. While short tunnels are often road tunnels which may admit motorized traffic, unmotorized traffic or both, concerns with ventilation lead to the longest tunnels (such as the Channel Tunnel or the Seikan Tunnel) being railway electrification systems, electrified rail tunnels. Types of tunnel Various methods are used to construct underwater tunnels, including an immersed tube and a submerged floating tunnel. The immersed tube method involves steel tube segments that are positioned in a trench in the sea floor and joined together. The trench is then covered and the water pumped from the tunnel. Submerged flo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strandfaraskip Landsins
Strandfaraskip Landsins is the government agency for public transport in the Faroe Islands. It is owned by the Faroese national government under the Ministry of Finance (''Fíggjamálaráðið'') and runs seven ferry routes and a number of bus routes. History Strandfaraskip Landsins was established in 1917 when the government took over the ferry ''Smiril'' from the brothers Petur og Niels Juel Mortensen from Suðuroy. They had bought the ship in 1895 and operated a scheduled service between Tórshavn and several ports in Suðuroy. In the first half of the 20th century, several other private regional services were founded, which combined freight, mail, passengers and milk transport to and from Tórshavn. Due to the lack of roads, ferries also served as a means for transport between villages-on-the-same-island. Many routes and vessels were taken over by Strandfaraskip Landsins in the 1960s and 1970s. From 1960 onwards the road network was being extended rapidly and several pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eysturoyartunnilin
The Eysturoy Tunnel (, previously known as ) is a large Undersea tunnel, undersea road tunnel under the sound in the Faroe Islands, connecting the island of Streymoy to the island of Eysturoy. It also crosses the southern part of , and connects the towns of Runavík on the eastern side and Strendur on the western side of the fjord, and includes the world's first undersea roundabout in the middle of the network. It is the largest ever infrastructure project in the Faroe Islands. Altogether, the three-branch subsea tunnel is long, including the roundabout. Construction costs are estimated to be around 1 billion Danish krone, DKK. The roundabout features artwork, including large sculptures and light effects. The tunnel opened for traffic on 19 December 2020. History The idea for the Eysturoyartunnil emerged during the construction of and , opened in 2002 and 2006, which heralded a new look on domestic transport and regional development. In 2006, the private company was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandoyartunnilin
Sandoyartunnilin () is an undersea tunnel, road tunnel in the Faroe Islands. It connects the main island of Streymoy with Sandoy to the south. The length of the tunnel is , and the estimated cost is 860 million Danish krone, DKK. The tunnel opened for traffic on 21 December 2023, after which the ferry ''Strandfaraskip Landsins, Teistin'' ceased its route between Gamlarætt on Streymoy and Skopun on Sandoy. The tunnel crosses the Skopunarfjørður and runs from Gamlarætt to Traðardalur in central Sandoy, near the Inni í Dal stadium. The two sides of the tunnel were connected during a ceremony on 3 February 2022. Construction began on 27 June 2019, and the halfway mark was hit in September 2020. In political, legal and financial terms, the project is linked to the Eysturoyartunnilin, which was opened for traffic on 19 December 2020. The Eysturoyartunnilin, at more than tenfold the traffic numbers projected for the Sandoyartunnilin, will partially finance the latter via Cross ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandvík
Sandvík (pronounced , "Sandy Bay"; ) is the northernmost village of the island of Suðuroy in the Faroe Islands. It is situated on the northern side of a shallow fjord. The village was previously known as Hvalvík (''Bay of Whales''). It changed its name to Sandvík in 1913 as there was too much confusion regarding mail delivery, because there is another village named Hvalvík on Streymoy. The village had originally been known as Sandvík during the Viking Age. History Sandvík is the place where Viking chief Sigmundur Brestisson was murdered after his long swim from Skúvoy in an attempt to flee from Tróndur í Gøtu. When Sigmundur came ashore exhausted to what he thought would be safety, the local farmer Torgrímur Illi fell upon him with his sons, and decapitated him for the golden bracelet he wore on his arm. In 1349 the village became deserted, the inhabitants having been wiped out by the Black Death. It would not be until 1816 that the village was once more inhabited. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross National Income
The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident. In contrast to GDP, GNI is not a concept of value added, but a concept of income. GNI is the basis of calculation of the largest part of contributions to the Budget of the European Union. In February 2017, Ireland's GDP became so distorted from the base erosion and profit shifting ("BEPS") tax planning tools of U.S. multinationals, that the Central Bank of Ireland replaced Irish GDP with a new metric, Irish Modified GNI (or "GNI*"). In 2017, Irish GDP was 162% of Irish Modified GNI. GNI contrast with net national income : NNI = GNI - Depreciation The Atlas method can be applied to correct for fluctuating exchange rates. History and name change Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Shuttle Train
A car shuttle train, or (sometimes) car-carrying train, is a shuttle train used to transport accompanied cars (automobiles), and usually also bicycles and other types of road vehicles, for a relatively short distance. Car shuttle trains usually operate on lines passing through a rail tunnel and connecting two places not easily accessible to each other by road. On car shuttle train services, the occupants of the road vehicles being carried on the train usually stay with their vehicle throughout the rail journey. As such, car shuttle train services are to be contrasted with Motorail services. Unlike a car shuttle train, an Auto Train or Motorail train is a passenger train on which passengers can take their car or automobile along with them (except in France where passengers and their vehicles are transported on two separate trains). On Motorail trains, passengers are carried in normal passenger cars or in sleeping cars on longer journeys, while the cars or automobiles are lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sandur, Faroe Islands
Sandur (meaning ''sandy beach''; ) is a village on the south coast of the island of Sandoy in the Faroe Islands. The Sandur hoard of silver coins, dating to the end of the 11th century, attests to the long history of the village. In January 2024, the population stood at 529. The municipality of Sandur consists of the village of Sandur only. It is the most populous place on the "Sand Island", and is situated on a peninsula between the lakes of Gróthúsvatn in the northwest and Sandsvatn in the northeast, facing the inlets of Grótvík and Sandsvágur in the south. History Sandur is an old site of the Thing (assembly), thing where every year the local Várting was held. Excavations here have unearthed a stave church from the 11th century, where today there is a typical Faroese wooden church with a grass roof. In 1988, the modern church suffered a devastating fire in which all of the church's silver melted. The fire turned out to be arson. In the following year, the church was rest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Status Quo
is a Latin phrase meaning the existing state of affairs, particularly with regard to social, economic, legal, environmental, political, religious, scientific or military issues. In the sociological sense, the ''status quo'' refers to the current state of social structure or values. With regard to policy debate, it means how conditions are contrasted with a possible change. For example: "The countries are now trying to maintain the ''status quo'' with regard to their nuclear arsenals." To maintain the ''status quo'' is to keep things the way they presently are. The related phrase '' status quo ante'', literally 'the status before', refers to the state of affairs that existed previously. Political usage The status quo may be changed via social movements. These seek to alleviate or prevent a particular issue and often to shape social feeling and cultural expression of a society or nation. Advocating to improve the status quo is a persuasive rhetorical device. This is sometimes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Present Value
The net present value (NPV) or net present worth (NPW) is a way of measuring the value of an asset that has cashflow by adding up the present value of all the future cash flows that asset will generate. The present value of a cash flow depends on the interval of time between now and the cash flow because of the Time value of money (which includes the annual effective discount rate). It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications. Time value of money dictates that time affects the value of cash flows. For example, a lender may offer 99 cents for the promise of receiving $1.00 a month from now, but the promise to receive that same dollar 20 years in the future would be worth much less today to that same person (lender), even if the payback in both cases was equally certain. This decrease in the current value of future c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost–benefit Analysis
Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives. It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. A CBA may be used to compare completed or potential courses of action, and to estimate or evaluate the value against the cost of a decision, project, or policy. It is commonly used to evaluate business or policy decisions (particularly public policy), commercial transactions, and project investments. For example, the U.S. Securities and Exchange Commission must conduct cost–benefit analyses before instituting regulations or deregulations. CBA has two main applications: # To determine if an investment (or decision) is sound, ascertaining if – and by how much – its benefits outweigh its costs. # To provide a basis for comparing in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
