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First Flight In Sight: Eviation Propels Closer Toward Flying Alice, With First…

The Alice all-electric aircraft, which can fly nine passengers for up to 440 nautical miles, will be powered exclusively by magniX propulsion systems. The flight-proven magniX EPUs have been powering aircraft in flight since December of 2019 and are on a path to FAA Part 33 certification in 2022. The EPUs offer an exceptional level of redundancy and reliability with consistent performance. The Alice all-electric aircraft, which can fly nine passengers for up to 440 nautical miles, will be...
PR Newswire
13/05/2021

Frost & Sullivan Monitors Increasing Adoption of Telematics in Connected Trucks…

For further information on this analysis, Transport & Logistics Sector to Fuel the Indonesian Connected Trucks Telematics Market, please visit: http://frost.ly/5mj For further information on this analysis, Transport & Logistics Sector to Fuel the Indonesian Connected Trucks Telematics Market, please visit:http://frost.ly/5mj "Indonesian businesses have adopted telematics for various functions with a majority opting for hardware that can communicate and transfer data,"…
PR Newswire
13/05/2021

The Era of Green: Yadea Announces Plans to Invest Over US$150 million in…

These changes in consumer behavior, coupled with expanded funding for e-mobility and innovations in technology, are accelerating the development of the electric two-wheel industry — prompting Yadea to strengthen its advantages in R&D, manufacturing and product development. These changes in consumer behavior, coupled with expanded funding for e-mobility and innovations in technology, are accelerating the development of the electric two-wheel industry — prompting Yadea to strengthen its...
PR Newswire
13/05/2021

SFL - First Quarter 2021 Results Presentation

Please find enclosed the presentation of the preliminary first quarter results to be held May 12, 2021, in the link below.Attachment SFL - First Quarter 2021 Results Presentation
Nasdaq GlobeNewswire
12/05/2021

Aircraft Pumps Market worth $4.5 billion by 2026 - Exclusive Report by…

Increasing in demand for aircraft renewals and deliveries will drive the demand for fuel pump segment Increasing in demand for aircraft renewals and deliveries will drive the demand for fuel pump segment The fuel pump segment is expected to be the largest market by value. The growth of the fuel pump segment of the aircraft pumps market can be attributed to the increase in aircraft renewals as a short-term goal for the commercial aircraft industry In the near term, the COVID-19 shock has...
PR Newswire
12/05/2021

SFL - Preliminary Q1 2021 results and quarterly cash dividend of $0.15 per share

Preliminary Q1 2021 results and quarterly cash dividend of $0.15 per shareHamilton, Bermuda, May 12, 2021. SFL Corporation Ltd. (“SFL” or the “Company”) today announced its preliminary financial results for the quarter ended March 31, 2021. Highlights69 thconsecutive quarterly dividend declared, $0.15 per shareOperating revenue of approximately $109.1 million, and net profit of $31.5 million in the first quarterReceived charter hire 1of...
Nasdaq GlobeNewswire
12/05/2021

TORM plc First Quarter Report 2021

“In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top of the eight MR vessels acquired earlier this year” says Executive Director Jacob Meldgaard .In the first quarter of 2021, TORM achieved TCE rates of USD/day 13,493 (2020, same period: USD/day 23,642) and an EBITDA of USD 18.9m (2020, same period: USD 101.5m). The loss before tax...
Nasdaq GlobeNewswire
12/05/2021

TORM purchases three 2015-built scrubber-fitted LR2 vessels

TORM has today entered into an agreement to purchase the three 2015-built scrubber-fitted and fuel-efficient LR2 vessels Nissos Schinoussa, Nissos Heraclea and Nissos Therassia from Okeanis Eco Tankers Corp. for a total consideration of USD 120.8m. The vessels are expected to be delivered during the remainder of the second quarter and the third quarter of 2021. TORM has obtained commitment for the financing of two of the vessels from Danish Ship Finance for USD 60.0m subject to finalization...
Nasdaq GlobeNewswire
12/05/2021

Belships ASA fleet expansion and time charter contract

Belships ASA (OSE: BELCO) has agreed to acquire a newbuilding resale financed through a bareboat agreement for 10 years. The 61,000 dwt Ultramax bulk carrier of Japanese design is expected to be delivered upon completion of construction at a Chinese yard during November 2021 and will be named BELFORCE. The estimated cash breakeven for the vessel upon delivery is about USD 10,900 per day including operational expenses. Belships will pay a sum of USD 3.0 mill upon signing contract, expected to...
Nasdaq GlobeNewswire
12/05/2021

Correction: EIMSKIP: Operating results for Q1 2021. Published: 2021-05-11…

Revenue and expenses in column Q1 2021 on slide 10 in the Investor Presentation that was published earlier today, regarding the Company's Liner Services were misstated. The numbers have been corrected in the attached presentation. The numbers were correctly stated in the Interim Financial Statements that was published earlier today.FURTHER INFORMATION Edda Rut Björnsdóttir, Executive Vice President of Human Resources & Communication, tel.: +354 825 3399, email: investors@eimskip...
Nasdaq GlobeNewswire
11/05/2021

Initiates second phase of share buy-back program

ANNOUNCEMENT A.P. Møller - Mærsk A/S – Initiates second phase of share buy-back program As announced on 18 November 2020, A.P. Møller - Mærsk A/S (the “Company”) has decided to initiate a share buy-back program of up to DKK 10 billion (around USD 1.6 billion) and a maximum of 1.79 million shares. The first phase, which started on 1 December 2020, was completed on 29 April 2021. The total market value of the shares acquired in the first phase amounted to DKK 3.3 bn. As announced on...
Nasdaq GlobeNewswire
11/05/2021

Touax: share capital and voting rights at April 30, 2021

REGULATED INFORMATION Paris, 11 May 2021 5:45 PM YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATIONDisclosure of Share Capital and Voting Rights Disclosure of Share Capital and Voting Rights pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of theAutorité des Marchés Financiers.Register name of the issuer: TOUAX SCA (Euronext Paris: TOUP) DateTotal sharesoutstandingTotal...
Nasdaq GlobeNewswire
11/05/2021

EIMSKIP: Operating results for Q1 2021

HIGHLIGHTS OF Q1 RESULTSOverall good performance in Q1 with increased profitability in container liner and positive results for the forwarding segments despite challenging environment which is colored by disruption in the global shipping markets affecting capacity and availability of equipment. Revenues amounted to EUR 180.2 million, an increase of EUR 18.6 million or 11.5% when compared with Q1 2020.Positive contribution from revenue management program and substantial 3 rdparty...
Nasdaq GlobeNewswire
11/05/2021

Truck Platooning Market to exceed US$ 500 Million by 2027 Globally |CAGR: 45%|…

Road freight transportation accounts for approximately 60% of all surface freight transportation, making it critical to society and the economy. In the coming years, demand for road freight transportation is expected to rise. Truck platooning has a lot of potentials to make road transport more efficient, cleaner, and safer in the future. Truck platooning technology can reduce fuel consumption and emissions of harmful gases by allowing trucks to operate closer together, lowering air drag between…
PR Newswire
11/05/2021

More Electric Aircraft Market to Reach $4.61 Bn, Globally, by 2027 at 15.5%…

Download Report (306 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/6593 Download Report (306 Pages PDF with Insights, Charts, Tables, Figures)athttps://www.alliedmarketresearch.com/request-sample/6593 Prime determinants of growth Rise in demand for high-performance fuel-efficient and less polluting aircraft and demand for aircraft with low operational and maintenance costs drive the growth of the global more electric...
PR Newswire
11/05/2021

TransDigm Group Reports Fiscal 2021 Second Quarter Results

Fiscal 2021 financial guidance remains suspended at this time. Fiscal 2021 financial guidance remains suspended at this time. Quarter-to-Date Results Net sales for the quarter declined 17.3%, or$249 million, to$1,194 millionfrom$1,443 millionin the comparable quarter a year ago. Acquisition sales growth over the comparable quarter a year ago was$43 million, primarily attributable to Cobham Aero Connectivity. Income from continuing operations for the quarter was$105...
PR Newswire
11/05/2021

DFDS: APRIL VOLUME REPORT: FREIGHT UP 50% DUE TO LOCKDOWNS IN 2020

INVESTOR NEWS NO. 20/2021 DFDS reports monthly ferry volumes for freight and passengers to provide additional insight into the development of volume trends in DFDS' European route network.DFDS ferryvolumes April LTM* Freight20202021Change 2019-202020-21ChangeLane metres, '0002,3953,58949.8% 40,08742,2575.4% Passenger20202021Change 2019-202020-21Change...
Nasdaq GlobeNewswire
11/05/2021

DFDS: Q1 2021 INTERIM REPORT

Company announcement no. 19/2021 2021 OFF TO A GOOD STARTFast recovery from Brexit transitionMediterranean continued its progressPassenger services remained restrictedEBITDA increased 23% to DKK 750m Q1 2021 Mediterranean's EBITDA up DKK 101mFreight total EBITDA up DKK 165mHigh activity on new Irish routeAcquisition of HSF Logistics GroupOUTLOOK 2021(raised 23 April)EBITDA of DKK 3.2-3.6bnRevenue growth of 20-25%, unchanged “We...
Nasdaq GlobeNewswire
11/05/2021

Fraport Group Interim Release - First Quarter 2021: Revenue and Profit Still…

FRANKFURT, Germany, May 11, 2021 /PRNewswire/ -- FRA/gk-rap – In the first three months of 2021, the financial performance of the Fraport Group continued to be severely impacted by the Covid-19 pandemic. With passenger traffic still down at Frankfurt Airport and across the Group's airports worldwide, Group revenue declined by more than 40 percent year-on-year in the January-to-March reporting period. Fraport posted a negative Group result (net profit) of minus €77.5 million. FRANKFURT…
PR Newswire
11/05/2021

Truck OEMs to Adopt Advanced Diesel Engine Technology by 2030 to Comply with…

For further information on this analysis, please visit: http://frost.ly/5m5. For further information on this analysis, please visit:http://frost.ly/5m5. "Innovation in environmental sustainability and digitization are taking center stage. As a result, connected, shared, autonomous, and electric (CASE) are driving the transformation in the commercial trucking industry," saidSaideep Sudhakar, Research Manager,Mobility Practice, Frost & Sullivan. "Among these, connected and...
PR Newswire
10/05/2021

AvAir CEO Mike Bianco Recognized on "CEO of the Year" Rankings

"It's an honor to be named as a top ten industry leader alongside prominent figures in aviation and I believe it shows that the industry understands the importance of the aviation aftermarket," said Mike Bianco, CEO of AvAir. "Companies like AvAir are necessary to keep the industry moving and have played a critical role in creating solutions to help airlines throughout the pandemic." "It's an honor to be named as a top ten industry leader alongside prominent figures in…
PR Newswire
10/05/2021

DSV, 885 - SHARE BUYBACK IN DSV PANALPINA A/S

Company Announcement No. 885 On 27 April 2021, we initiated a share buyback programme, as described in Company Announcement No. 883. According to the programme, the company will in the period from 27 April 2021 to 28 July 2021 purchase own shares up to a maximum value of DKK 4,000 million and no more than 4,000,000 shares, corresponding to 1.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the...
Nasdaq GlobeNewswire
10/05/2021

Sea trial completed for hospital ship Global Mercy

"The purpose of a sea trial is to ensure that the ship's systems are working properly during operation and that the requirements of the specifications and applicable standards are met," says Per Westling, CEO Stena RoRo. "The hospital services to be provided on the Global Mercy entail increased requirements for good ventilation and minimization of vibrations, for example. This was also checked and she was approved on all counts." "The purpose of a sea trial is to ensure…
PR Newswire
10/05/2021

Eimskip: LSR major shareholder announcement

Attached is a major shareholder announcement from Eimskipafélag Íslands hf. on behalf of LSR pension fund. Attachment Eimskip - flöggun 07.05.2021
Nasdaq GlobeNewswire
07/05/2021
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