Category: Marine Ocean News (Page 1 of 11)

Rolls-Royce creating over 200 new jobs in Cardiff and Glasgow

March 6, 2024 / WIL BALDWIN

Rolls-Royce Holdings PLC (London: RR) Submarines today announced plans to open new offices in Cardiff and Glasgow to attract the best talent and meet growth in demand from the Royal Navy and the recent AUKUS announcement.

The locations of satellite offices in Cardiff and Glasgow, funded by the UK Ministry of Defence (MOD), have been selected to help access the skilled talent pools in both regions, with more than 100 jobs being created in each city.

The increase in demand for technical specialists will see new offices opened in St Mellons, Cardiff, and at the Airport Business Park in Glasgow. The business intends to attract the best engineers and specialists from around the UK to work on a growing portfolio of defence nuclear projects.

In March 2023, it was confirmed that Rolls-Royce Submarines would provide all the nuclear reactor plants that will power new attack submarines as part of the tri-lateral agreement between Australia, the UK and US.

In Cardiff, Rolls-Royce Submarines is looking to attract people with a background in mechanical design, materials engineering, structural integrity analysis, thermal analysis and fluid dynamics. For Glasgow, the focus is on recruiting those with a pedigree in electrical controls and instrumentation and cyber security.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Maersk and Air Cargo News highlight global trends in 2024 air cargo market

February 2, 2024 / WIL BALDWIN

The air cargo sector is undergoing a demand slowdown due to global macroeconomic conditions. Post-Covid normalisation as well as global geopolitical crises, most notably in the form of military conflicts, have been the root cause.

Looking ahead, there is little confidence that this situation will improve drastically in the near term. This is partly due to rising interest rates and the termination of key government support programmes.

With customer demands getting more nuanced, a high level of flexibility seems to be the need of the hour. Air freight operators need to be nimble and provide solutions that lower operating costs and save time.

Here’s a quick fly-by of air cargo trends in 2024…

Click here to read the full story!

Lockheed Martin delivers 75th APY-9 radar for E-2D Advanced Hawkeye

January 29, 2024 / WIL BALDWIN

Syracuse, New York, January 29, 2024 – Lockheed Martin Corporation (NYSE: LMT), under contract to Northrop Grumman for the U.S. Navy’s E-2D Advanced Hawkeye, has delivered the 75^th APY-9 radar that provides the U.S. Navy with information dominance through revolutionary sensor capability. More Hawkeyes have been built and delivered than any other AEW platform in the world.

The newest Advanced Hawkeye variant is at the forefront of technological capability, due in large part to Lockheed Martin’s APY-9 radar. The Northrop Grumman-built E-2 has come to be known as the U.S. Navy’s “eyes of the fleet” because of its ability to simultaneously watch over air, land and sea. Any time a Navy carrier has aircraft airborne, there is an APY-9 radar at work, guarding the United States and its allies.

On Time and On Task

The U.S. Navy has funded 80 out of 86 aircraft in the current program of record. Japan has purchased 18 E-2D Hawkeyes and France has purchased three. With U.S. and international demand, the APY-9 is expected to be in production into the late 2020’s, and in modernization and sustainment well into the 2040’s.

Click the link below to read the full press release!

Lockheed Martin APY-9 Radar

Forward-Looking Statements

Airbus and Tata to set up first helicopter Final Assembly Line in India

January 26, 2024 / WIL BALDWIN

New Delhi, India, January 26, 2024 – In a major boost to ‘Make in India’, Airbus Group SE (Paris: AIR) Helicopters has announced that it is partnering with the Tata Group to establish a Final Assembly Line (FAL) for helicopters in the country. The FAL will produce Airbus’ best-selling H125 helicopter from its civil range for India and export to some of the neighbouring countries.

The FAL will be the first instance of the private sector setting up a helicopter manufacturing facility in India, providing a major boost to the Government of India’s ‘AatmaNirbhar Bharat’ (self-reliant India) programme. Under this partnership, Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will set up the facility along with Airbus Helicopters.

The announcement was made during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26.

The FAL in India will undertake the integration of the major component assemblies, avionics and mission systems, installation of electrical harnesses, hydraulic circuits, flight controls, dynamic components, fuel system and the engine. It will also do testing, qualification, and delivery of the H125 to customers in India and the region. The FAL will take 24 months to set up and deliveries of the first ‘Made in India’ H125s are expected to commence in 2026. The location of the FAL will be jointly decided by Airbus and the Tata Group.

Forward-Looking Statements

French Ministry of Interior orders 42 Airbus H145 helicopters

January 24, 2024 / WIL BALDWIN

Marignane, France, January 24, 2023 – The French Armament General Directorate (DGA) ordered 42 new Airbus Group SE (Paris: AIR) H145 helicopters at the end of 2023, on behalf of the Ministry of Interior, with deliveries set to start in 2024. Of these 42 helicopters, 36 are destined for the French rescue and emergency response agency, Securite Civile, while the French law enforcement agency, Gendarmerie Nationale, will use six. The contract includes an option for a further 22 H145’s for the Gendarmerie Nationale and a range of support and service solutions from training to spare parts, as well as a complete initial support package for the aircraft.

The Securite Civile currently operates four five-bladed H145’s that were ordered in 2020 and 2021. The 36 H145’s will progressively replace the 33 EC145’s currently in operation for rescue and air medical transport services throughout France.

The six H145’s will initiate the renewal of the Gendarmerie’s fleet, composed of Ecureuils, EC135’s and EC145’s. They will be equipped with an electro-optical system and a mission computer to perform the most demanding law enforcement missions.

Forward-Looking Statements

Airbus Helicopters sign services contract with Heligo for H145 fleet

January 22, 2024 / WIL BALDWIN

Hyderabad, India, January, 2024 – Airbus Group SE (Paris: AIR) has signed an HCare Initial contract, a comprehensive by-the-hour services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India.

Under this five-year contract, Heligo will benefit from Airbus’ HCare Initial program, which will give the operator the freedom to replace scheduled and unscheduled components within 24 hours and pay a fixed rate per hour of helicopter flown. This will help Heligo to bring down their maintenance costs and the need to keep a regular inventory, thereby providing them with enhanced fleet availability for streamlined operations.

The H145 is the latest member of the company’s twin-engine rotorcraft product range – with designed-in mission capability and flexibility, especially in high and hot operating conditions. Compact in size, this helicopter’s small footprint and large, flexible cabin enables maneuvering in complex environments, such as oil and gas helidecks.

Forward-Looking Statements

Ritz-Carlton Yacht Collection opens reservations for third superyacht Luminara

January 14, 2024 / WIL BALDWIN

The Ritz-Carlton Yacht Collection unveiled its summer 2025 itineraries across its fleet, Evrima, Ilma, and Luminara, marking an exciting moment as the company opens bookings for the inaugural season of its third superyacht. The Ritz-Carlton Yacht Collection debuted in October 2022 with the launch of Evrima, the first time a luxury hospitality brand expanded into the cruising category. With all three superyachts now open for reservations, the brand extension continues to build on its success signifying continued growth and offering more opportunities for luxury travelers to enjoy unforgettable getaways at sea.

The Inaugural Season of Luminara
Inspiring curiosities and celebrations, Luminara, derived from Latin origin and meaning “light,” will measure 794 feet (242 meters) and accommodate up to 452 guests. In addition to 226 spacious suites, each boasting a private ocean-view terrace, a higher percentage of upper-suite categories, and superior guest amenities, the onboard experience will feature world-class dining, a wine vault, The Ritz-Carlton Spa®, and an expanded marina providing direct access to the sea. Among its range of upper-suite categories will be a new expansive accommodation, The Residential Suite, promising a collection of offerings that caters to a variety of preferences.

Luminara will embody contemporary craftsmanship and refined interior finishes envisioned by AD Associates, a renowned London-based architectural and design firm, with creative direction by Chapi Chapo Design, an internationally acclaimed Toronto-based luxury design firm, and celebrated lighting designer DPA. The yacht’s sleek and graceful exterior design, expertly envisioned by Helsinki-based design studio Aivan, draws inspiration from the elegant aesthetics of private yacht design. Inspired by light and luminescence, Luminara‘s design emphasizes elegance and sophistication. Its layout, featuring explorative passages and favoring circular silhouettes over geometric edges, creates a seamless design, forming a sense of limitless space in each area. A serene color palette of soft brown oak, Calcutta marble, leather accents, and touches of rich red, navy, and green will provide an elegant oasis at sea.

Click the link below to see the entire press release!

Ritz-Carlton Yacht Collection

SKY express grows regional fleet with two additional ATR 72-600’s

January 13, 2024 / WIL BALDWIN

Toulouse, France, January 11, 2024 – Leading Greek airline SKY express took delivery of an ATR 72‑600 in December 2023, as part of a firm order for two brand new aircraft from the IOGR group. This marks another important step in SKY express’ development, as the airline is growing its regional fleet from six to eight ATR 72-600 and six ATR -500 for a total of 14 ATR aircraft. The airline is planning further fleet modernisation in 2024.

Greek communities and tourists will both benefit from the reinforced connectivity across the region, as SKY express intends to offer additional flights each year, taking advantage from the aircraft family’s versatility, short runway capabilities, low operating costs and reduced CO2 emissions.

https://www.skyexpress.gr/el

European Union implements new customs procedures

January 10, 2024 / WIL BALDWIN

Ocean Network Express (ONE) has notified customers that the European Union (E.U.) has implemented its new customs pre-arrival security and safety program, supported by an extensive advanced cargo information system known as “Import Control System 2 (ICS 2)”. This regulation will replace the current regulation ICS 1.

From June 2024, all goods moved by Maritime transportation which are destined for, or transiting the E.U., Switzerland, Norway, and Northern Ireland will be subject to new entry regulations – ICS2. Economic Operators (EOs) or Shippers will have to declare safety and 2 security data to ICS2, through the Entry Summary Declaration (ENS).

Paving the transition for ONE Customers At ONE, we are in the process of upgrading our systems to capture and process mandatory information, such as the 6-digit HS code, place of receipt and House Bill of Lading data ensuring we can support all our customers with their ENS submissions. Additionally, we are providing extensive training to our Magentians across all regions to equip them with the necessary information to support you, our customer during this transition. Watch out for further updates and announcements on our progress in 2024.

For more information on the upcoming ICS2, click on the link below.

https://taxation-customs.ec.europa.eu/customs-4/customs-security/import-control-system-2-ics2-0_en

Boeing announces fourth quarter deliveries

January 9, 2024 / WIL BALDWIN

Arlington, Virginia, January 9, 2024 – The Boeing Company (NYSE: BA) announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2023.

The company will provide detailed fourth-quarter financial results on January 31. Major program deliveries during the fourth quarter were as follows:

Contact:
Investor Relations: BoeingInvestorRelations@boeing.com
Communications: media@boeing.com

Forward-Looking Statements

Here’s a quick fly-by of air cargo trends in 2024…

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