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DFDS DIVESTS OSLO CRUISE FERRY ROUTE TO ENHANCE TRANSPORT FOCUS
INVESTOR NEWS no. 42 - 10 June 2024 DFDS has today entered into an agreement to divest the Oslo-Frederikshavn-Copenhagen (OFC) cruise ferry route to Gotlandsbolaget. Completion of the agreement is expected in October 2024. The OFC route annually carries more than 700,000 passengers between Norway and Denmark. The route deploys two cruise ferries and has just over 800 sea- and land-based employees. Revenue in 2023 was DKK 0.9bn equal to 3% of the DFDS Group's total revenue...
Nasdaq GlobeNewswire
10/06/2024
DFDS to sell Oslo-Frederikshavn-Copenhagen route to Gotlandsbolaget
DFDS will sellmini-cruise route between Norway and Denmark to Swedish shipping companyGotlandsbolaget .The decisionwill ensure that the route receives the future focus and investments needed to further develop , while DFDS strengthensthe focus on its core business within freight ,passenger transportand logistics .The sale price is around DKK 400m . Today, DFDS has announced that the route between Oslo, Frederikshavn and...
Nasdaq GlobeNewswire
10/06/2024
HKIAA & ICSCC Endorse STE in Alliance to Forge Future Airports in Asia
"HKIA sees the potential of STE and look forward to new partnerships being forged at the event. STE provides a unique platform for meaningful exchanges for Mainland China and international industry leaders on the latest trends and developments in the aviation industry" said Simon Li, President of HKIAA. "HKIA sees the potential of STE and look forward to new partnerships being forged at the event. STE provides a unique platform for meaningful exchanges for Mainland China and…
PR Newswire
10/06/2024
1000 Miglia 2024
The first historic leg finish In Turin: after the 1947 and 1948 passages, the convoy will stop for the first time in the Savoy city and, greeted by the Red Arrow projected on the Mole Antonelliana, will parade through the city centre streets until the welcoming in Piazza San Carlo. Another novelty will be Genoa, where the first race lunch will be held. Viareggio, Romeand San Lazzaro di Savena the other city legs. The first historic leg finish In Turin: after the 1947 and 1948 passages, the...
PR Newswire
07/06/2024
DESEC: Chihuahua develops talent amid nearshoring boom
René Espinoza Terrazas, president of Index Chihuahua, told EFE that the city's success in attracting more export jobs lies in the unity of the industrial sector, as well as in the consolidation of talent and physical infrastructure and improve the quality of life for its residents. RenéEspinoza Terrazas, president of Index Chihuahua, told EFE that the city's success in attracting more export jobs lies in the unity of the industrial sector, as well as in the consolidation of talent and...
PR Newswire
07/06/2024
IBC Addresses Critical Supply Shortages of Ac-225 with Commercially Available…
In parallel, increased regulatory scrutiny of the impurity profile of Ac-225, in particular the presence of impurities such as the long-lived radionuclide Ac-227, demands a step-change in the quality, purity and durability of Ac-225 production. In parallel, increased regulatory scrutiny of the impurity profile of Ac-225, in particular the presence of impurities such as the long-lived radionuclide Ac-227, demands a step-change in the quality, purity and durability of Ac-225 production. IBC's...
PR Newswire
06/06/2024
In-flight Internet Market worth $2.1 billion by 2029 - Exclusive Report by…
Browse in-depth TOC on "In-flight Internet Market" Browse in-depth TOC on "In-flight Internet Market" 300 – Tables 60 – Figures 250 – Pages In-flight Internet Market Report Scope: By Technology, the Hybrid- Based segment is projected to grow at the highest CAGR during the forecast period. Hybrid systems leverage both ATG andsatellitenetworks, providing more comprehensive coverage than either technology alone. ATG networks offer robust coverage over land,...
PR Newswire
06/06/2024
Driverless Minibus Hits the Clay Courts at Roland-Garros
The L4 driverless minibus shuttle service at Roland-Garros transports passengers from the P2 parking lot (located on the outskirts of Bois de Boulogne) to Roland-Garros Stadium. After the matches, the L4 driverless minibus departs from Roland-Garros Stadium to either Auteuil Gate Square or returns to the P2 parking lot. The entire shuttle route is approximately 5-km long and takes about 12 minutes. VIPs and media can conveniently choose nearby stops to queue for boarding. And the operation time…
PR Newswire
06/06/2024
SUN Mobility signs Landmark deal with IndianOil
SUN Mobility currently supports more than 25,000 electric vehicles in India across 20 cities, using over 630 stations and 50,000+ smart batteries that clock over a million swaps per month while catering to various 2 & 3 wheeler customers. SUN Mobility currently supports more than 25,000 electric vehicles inIndiaacross 20 cities, using over 630 stations and 50,000+ smart batteries that clock over a million swaps per month while catering to various 2 & 3 wheeler customers…
PR Newswire
05/06/2024
Foton and IVECO announce joint exploration into future synergies
As a leading commercial vehicle manufacturer in China, FOTON is committed to driving innovation and development in the automotive industry. This partnership will see two parties jointly explore the commercialisation of an electric panel van for Europe and South America, in the lightest category of up to GVW 3.5 tons through IVECO's sales channels. The van is expected to have a positive impact on regional and local supply chains in these markets. As a leading commercial vehicle manufacturer in...
PR Newswire
05/06/2024
iCOMAT raises $22.5M financing led by 8VC and NATO Innovation Fund to automate…
iCOMAT's automated and scalable manufacturing technology, the first of its kind, is delivering lighter, stronger and more sustainable structures for aerospace and automotive vehicles. iCOMAT's automated and scalable manufacturing technology, the first of its kind, is delivering lighter, stronger and more sustainable structures for aerospace and automotive vehicles. The heavier a vehicle is, the more energy it needs to move. The demand for lighter vehicles, produced at faster rates, is on the...
PR Newswire
05/06/2024
DJI Completes World's First Drone Delivery Tests on Mount Everest
A Historic Achievement in Aviation A Historic Achievement in Aviation For the first time, drones have successfully completed the round-trip transportation of equipment and trash between Everest Base Camp and Camp 1. These camps are separated by the Khumbu Icefall, one of the most perilous stages of the ascent. While helicopters can theoretically make the same journey, they are rarely used due to the significant dangers and costs. Before undertaking delivery flights, DJI engineers...
PR Newswire
05/06/2024
GWM-FTXT Exhibits at FCVC 2024, Drawing International Market Attention
The next-generation flagship product from GWM-FTXT is the "120kW fuel cell system," designed for flexible integration into various types of hydrogen-powered commercial vehicles. It boasts high efficiency, reliability, and integration advantages, catering to the demanding operational environments of long-haul transportation. The next-generation flagship product from GWM-FTXT is the "120kW fuel cell system," designed for flexible integration into various types of…
PR Newswire
05/06/2024
Gastops and Hanwha Ocean Sign MOU to Collaborate on Canadian Patrol Submarine…
Gastops is a long-standing provider of specialized propulsion system integration services to Naval, Coast Guard and system integrators, shipyards, and marine control system companies around the world. Gastops utilizes dynamic modelling and simulations to validate propulsion machinery selection, develop and substantiate propulsion machinery control algorithms, evaluate propulsion machinery performance, and support the marine propulsion system design process. Gastops is a long-standing provider...
PR Newswire
04/06/2024
Electric Cars Market to be Worth $5,634.6 Billion by 2031 - Exclusive Report by…
Electric cars use multiple traction motors powered either by a rechargeable battery pack or through an internal combustion engine which charges the battery pack of the car, which in turn runs the traction motor and propels the car. The battery pack of pure electric vehicles is either recharged by plugging into a charging station connected to the national power grid or through the chemical reaction between hydrogen and oxygen in a fuel cell, which in turn stores the energy generated through a…
PR Newswire
04/06/2024
A New Era in On and Off-Road Automotive Lighting: British Manufacturer Lazer…
This unique blend of white and yellow light enhances night visibility with a softer colour temperature, reducing glare and eye strain. The yellow LEDs can also function independently, illuminating downwards and sideways, ideal for adverse conditions such as snow, fog, or dust. The Elite+ range boasts four distinct lighting modes, interchangeable via a momentary switch. Available in both the Triple-R Range (known as the LR Series in the US) and Linear range, the Elite+ lights cater to...
PR Newswire
04/06/2024
T-Systems and Aurora Labs collaborate for next generation OTA software updates
Aurora Labs' patented Line-Of-Code Intelligence (LOCI) and OTA software update technology offer unique features such as up to 97 percent smaller update files, which minimizes data usage, and additive updates that ensure vehicle uptime with an advanced roll-back mechanism preventing vehicle software failure, in accordance with UNECE R156 regulations. T-Systems brings extensive experience in providing comprehensive connected car services, back-end infrastructure, and data management solutions for…
PR Newswire
04/06/2024
XCMG Unveils 39 Innovative Machinery Models at KOMATEK 2024 in Istanbul
The KOMATEK Engineering Machinery Technology Exhibition, renowned as Turkey's largest and one of Europe's most influential industry tradeshows, featured an impressive lineup of over 500 brands and catered to the needs of over 40,000 visitors from around the region. The KOMATEK Engineering Machinery Technology Exhibition, renowned asTurkey'slargest and one ofEurope'smost influential industry tradeshows, featured an impressive lineup of over 500 brands and catered to the needs of over...
PR Newswire
04/06/2024
SHARE BUYBACK TRANSACTIONS - CORRECTION
COMPANY ANNOUNCEMENT no. 41 - 04 June 2024 Due to an error in the numbers reported in company announcement no. 40/3 June 2024, the number of transactions has been corrected in the table below. Number of sharesAvg. purchase price (DKK)Transaction value (DKK)Accumulated, last announcement758,438-158,197,06927 May 20245,3882121,142,39428 May 20246,6902151,440,69629 May 20245,8002141,240,91330 May 20245,8002121,229,667...
Nasdaq GlobeNewswire
04/06/2024
DSV, 1114 - SHARE BUYBACK IN DSV A/S
Company Announcement No. 1114 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% 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
04/06/2024
Comply365 and Vistair to Unify Brands as Comply365 with Strategic Rebrand…
The new Comply365 offers an even stronger, more powerful combination of expertise and products underpinned by unified best practices, providing airlines, rail and defense organizations with a single digital platform to elevate operational excellence, transform safety management and training, with closer integration of relevant data sets across domains. The new Comply365 offers an even stronger, more powerful combination of expertise and products underpinned by unified best practices…
PR Newswire
04/06/2024
Westport and Volvo Group Announce Closing of the Joint Venture
"The successful closing of the joint venture represents an important milestone for Westport and a true endorsement of our HPDI technology and fuel system" said Dan Sceli, CEO & Director of Westport Fuel Systems. "Together, we will accelerate the commercial adoption of HPDI for OEMs globally by leveraging the HPDI fuel system to its fullest potential. HPDI is uniquely poised to create and implement affordable solutions in hard to abate sectors like heavy-duty transport and…
PR Newswire
03/06/2024
Increasing 2024 full-year guidance
ANNOUNCEMENT A.P. Møller - Mærsk A/S – Increasing 2024 full-year guidanceOn the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller - Mærsk A/S (APMM) now also sees signs of further port congestions, especially in Asia and the Middle East, and additional increase in container freight rates. This development is gradually building up and is expected to contribute to a stronger financial performance in the...
Nasdaq GlobeNewswire
03/06/2024
Shipping Container Market Projected to Reach USD 10,661.5 Million by 2034…
The demand for these shipping containers is also touching the skies as they are durable, reusable, and designed for intermodal shipments. The market is also driven by the need for cost-effective and convenient cargo transportation. Besides this, improvements in commercial boats and the development of more efficient cargo ships are likely to propel up the demand for shipping containers in the international marketplace. The demand for these shipping containers is also touching the skies as they...
PR Newswire
03/06/2024
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