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Siemens and Intel to collaborate on advanced semiconductor manufacturing

WIL BALDWIN December 4, 2023

Siemens AG (ADR: SIEGY), a leading technology company, and Intel Corporation (Nasdaq: INTC), one of the world’s largest semiconductor companies, have signed a Memorandum of Understanding (MoU) to collaborate on driving digitalization and sustainability of…

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Lufthansa connects India Silicon Valley to Munich and beyond

WIL BALDWIN November 8, 2023

Deutsche Lufthansa Group AG (Xetra: LHAG) connected the Indian metropolis of Bengaluru with Munich, the capital of Bavaria when its new service began on November 4, 2023. Alongside Delhi and Mumbai, Bengaluru is the third…

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Norway adds Sikorsky MH-60R helicopters for critical maritime missions

WIL BALDWIN October 27, 2023

Owego, New York, October 26, 2023 – The U.S. Navy awarded Lockheed Martin Corporation (NYSE: LMT) a contract to produce six multi-mission MH-60R Seahawk® helicopters for the Norwegian government. Designed and built by Sikorsky, a…

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Maldivian Airlines updates regional fleet with additional ATR 42-600 order

WIL BALDWIN September 20, 2023

Toulouse, France, September 19, 2023 – Maldivian Airlines, the national airline of the Maldives and the world number one regional aircraft manufacturer ATR, have signed a firm order for two ATR 42-600 aircraft. These highly-efficient…

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Airbus delivers first C295 to India

WIL BALDWIN September 13, 2023

Seville, Spain, September 13, 2023 – Airbus Group SE (Paris: AIR) Defence and Space has officially handed over in fly-away condition the first of 56 C295 aircraft to the Indian Air Force (IAF) to begin…

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A.P. Moller–Maersk to strengthen distribution network in India with more than 500 Electric Vehicles

WIL BALDWIN August 23, 2023

Mumbai, India - A.P. Moller – Maersk (OTC: AMKBY) has the ambition to be Net Zero across business and provide customers with 100% green solutions by 2040. To achieve this goal, there is a strong need…

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A.P. Moller – Maersk reports robust Q2 financial results in difficult market

WIL BALDWIN August 7, 2023

Copenhagen, Denmark – A.P. Moller – Maersk (OTC: AMKBY) reports a second quarter of 2023 ahead of expectations, while the ongoing market normalisation continued through the quarter leading to lower volumes and lower rates. Revenue stood…

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Hapag-Lloyd successfully completes SM SAAM terminal business acquisition

WIL BALDWIN August 1, 2023

Hapag-Lloyd (OTC: HPGLY) today successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022. The transaction was approved unconditionally by…

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New Delhi-Trivandrum Air India flyers stranded in airport for 8 hours as pilot reports late

WIL BALDWIN July 23, 2023

THIRUVANANTHAPURAM, India - As many as 170 passengers who were about to board a New Delhi-Thiruvananthapuram Air India flight were stranded for at least eight hours in New Delhi airport late Saturday as the pilot…

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Indian Government announce selection of Dassault Aviation Rafale to equip Indian Navy

WIL BALDWIN July 17, 2023

(Saint-Cloud, France, July 14, 2023) – The Indian Government announced the selection of the Dassault Aviation (OTC: DUAVF) Rafale to equip Indian Navy Navy Rafale to equip the Indian Navy with a latest-generation fighter following…