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Category: Shipping News (Page 5 of 23)

Denmark announces alliance on green fuels in India

Chennai, India, January 8, 2024 – Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.

Led by the Danish Embassy and the Consulate General of Denmark in India, the new alliance is a strategic initiative poised to play a pivotal role in advancing the Green Fuels sector, including Green Hydrogen, by fostering innovation, collaboration, and partnerships between Danish industries and their counterparts in India.

GFAI’s primary objective is to promote sustainable energy growth in India by establishing an ecosystem that encourages collaboration among businesses, government entities, research institutions, and financial stakeholders from both the Indian and Danish sectors.

Nine pioneering Danish organisations have already committed to the GFAI initiative as founding members including Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr. Christensen and Hydrogen Denmark. Meanwhile, the GFAI advisory board members include India Hydrogen Alliance, Energy Consortium at the Indian Institute of Technology Madras, the Danish Energy Agency and State of Green.

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Rocket Lab to launch space situational awareness mission

Long Beach, California. January 08, 2024 – Rocket Lab USA, Inc. (Nasdaq: RKLB), a global leader in launch services and space systems, today announced it has set the launch window for its first mission of 2024.

The ‘Four of a Kind’ mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The mission will deploy four Space Situational Awareness (SSA) satellites for Spire Global, Inc’s (Spire) customer NorthStarEarth & Space (NorthStar).  NorthStar´s satellites, built and operated by Spire, will be the first to simultaneously monitor all near-Earth orbits from space, delivering a radically enhanced level of SSA services to the global satellite community, with timely and precise information for space object detection, tracking, orbit determination, collision avoidance, navigation, and proximity alerts.

As a secondary mission, Rocket Lab will be attempting to splash down and retrieve Electron’s first stage as part of the Company’s plan to evolve Electron into a reusable rocket. After launch and stage separation, Electron’s first stage will return to Earth under a parachute and splash down in the Pacific Ocean several hundred kilometers down range from Launch Complex 1. Rocket Lab’s recovery vessel will extract the stage from the water for transportation back to Rocket Lab’s production complex where it will undergo detailed analysis. Rocket Lab is not launching any pre-flown engines as part of this mission.

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.

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Northrop Grumman Solid Rocket Boosters aid first ULA Vulcan Rocket launch

Magna, Utah, January 8, 2024 – Two of Northrop Grumman Corporation’s (NYSE: NOC) extended length, 63-inch-diameter Graphite Epoxy Motors (GEM 63XL) solid rocket boosters helped power the inaugural flight of United Launch Alliance’s (ULA) Vulcan Rocket and the first certification (Cert-1) mission.

  • The GEM 63XL boosters are the longest monolithic, single-cast solid rocket boosters ever manufactured and flown.
  • The launch represents the first flight of the GEM 63XL solid rocket boosters.
  • The boosters delivered more than 900,000 pounds of thrust, nearly two-thirds of the vehicle’s total thrust at lift-off.

The Cert-1 mission carried two payloads, one that will deliver science and technology to the lunar surface, including Astrobotic’s first Peregrine Lunar Lander, Peregrine Mission One, as part of NASA’s Commercial Lunar Payload Services program and the second was Celestis’ Memorial Spaceflights deep-space Voyager mission.

Northrop Grumman began development of the fifth-generation GEM 63XL strap-on boosters in 2015, under a cooperative agreement with ULA to provide additional lift capability for the Vulcan launch vehicle. The motor was qualified for flight in 2020 via static test firing at the company’s Promontory, Utah, test facilities. In June 2022, ULA awarded Northrop Grumman a multi-year contract worth more than $2 billon for increased production of its GEM boosters, which will support Amazon’s Project Kuiper and additional ULA customers.

Northrop Grumman has supplied rocket propulsion to ULA and its heritage companies for various launch vehicles since 1964. The GEM 63XL is an extended length variation of the GEM 63 boosters, which have supported eight Atlas V launches with 27 boosters to date.

The company’s Commerce, Calif., facility also manufactured the Vulcan launch vehicle’s hydrazine diaphragm propellant tank, which feeds the Centaur upper stage Reaction Control System to provide guidance and control during the later stages of launch. This tank is a more powerful successor to the ones previously supplied by Northrop Grumman for the Atlas V and Delta IV programs.

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.

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Alaska Airlines takes delivery of first longer range Boeing 737-8

Seattle, Washington, January 4, 2024 – Alaska Air Group Inc (NYSE: ALK) continues to grow as we welcome delivery of the first Boeing (NYSE: BA) 737-8 to our aircraft lineup – the next component of our strategic, long-term fleet plan that builds on our strengths and provides a road map for ongoing future success.

We proudly fly the youngest fleet of all U.S. airlines, and from 2024 through 2027, we are on track to add 15-25 new Boeing aircraft each year. We currently have firm orders for 80 more 737 MAX aircraft, and options and purchase rights for another 105. Our first 737-10 is scheduled for delivery in 2025.

In March 2022, Alaska adjusted our existing 737-9 aircraft order with Boeing to include the bigger 737-10 and longer-range 737-8. The additional 737 models will enhance profitability and guest satisfaction by offering us more ways to deploy the optimal aircraft size and capability in each market we fly.

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.

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Ocean Network Express launches Indian Ocean Mediterranean service

Ocean Network Express (ONE) is pleased to announce the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an enhanced service coverage for this region.

The new IOM service will be expected to provide a reliable and quality assured transport service as well as schedule integrity.

The commencement of the new service from Nhava Sheva to the Mediterranean will be revised to Hyundai Busan/V0150W (ETA Nhava 28th January 2024) / Hyundai Busan/V0150E (ETA Valencia 28th February 2024).

As the service will be routed via Cape of Good Hope, please kindly note following updated service rotations:

Hyundai Busan/V0150W (ETA Nhava 28th January 2024) /
Hyundai Busan/V0150E (ETA Valencia 28th February 2024):

Nhava Sheva – Mundra – Karachi – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras- Karachi – Mundra – Nhava Sheva

effective from
Hyundai Jakarta/V0129W (ETA Nhava 11th February 2024) /
Hyundai Jakarta/V0129E (ETA Valencia 13th March 2024)

Nhava Sheva – Mundra – Karachi – Algeciras – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras – Karachi – Mundra – Nhava Sheva


NOTE: Transit times and port rotation are as of now and subject to change

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Emirates ramps up Seoul service to 10 flights a week

Dubai, UAE, January 4, 2024 – Emirates, the world’s largest international airline, reinforces its commitment to South Korea by ramping up its operations in Seoul with three additional weekly flights starting 19 February 2024.

The new flights will operate as EK324/ EK325 on Monday, Wednesday and Friday. Operated by a Boeing 777-300ER aircraft, Emirates’ flight EK324 will depart Dubai at 4:45 am, landing in Seoul Incheon International Airport at 6:05 pm. The return flight EK325 will depart Seoul at 10 pm, arriving in Dubai at 3:15 am the following day.

Emirates’ additional services will increase the capacity on flights between Dubai and Seoul by more than 1,000 additional seats per week, helping to alleviate the suppressed demand for international travel to one of the most popular East Asian destinations and supporting South Korea’s inbound and outbound tourism. The airline’s ramped-up operations will further serve the need for adding more flights between UAE and Korea, in line with the strong bilateral relations between the two nations.

Through the three weekly Boeing 777 flights, Emirates will provide 45 tonnes of additional cargo capacity between Dubai and Seoul, boosting the trade and economic ties between South Korea and the UAE as well as through Dubai and beyond to more global destinations in Emirates’ network, further contributing to Korea’s economy and facilitating convenient air connectivity for the Republic’s imports and exports.

Emirates launched services to Seoul in 2005 and currently operates a daily Airbus A380 service from Dubai. With the additional services, the airline will serve Seoul with 10 weekly flights operated by a mix of its signature Airbus A380 and Boeing 777-300ER aircraft, guaranteeing more flexibility and choice for its customers to and from Dubai, as well as beyond to its global network of over 130 destinations.

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SAS to fly to over 40 countries in summer 2024

Copenhagen, Denmark, January 2, 2024 – SAS customers can look forward to nine new European destinations this summer. From Copenhagen there will be direct flights to Ibiza, Salzburg, Genoa, Tromso and Dalaman in Turkey. SAS flights start from Bergen to London and from Oslo to Geneva, Milan and Tivat on the coast of Montenegro.

Southern European favourites

SAS is adding flights to long-standing favorites in Spain and Italy from all three Scandinavian capitals. From Stockholm and Copenhagen there will be up to 20 weekly flights to Malaga and from Oslo up to 17 flights to Alicante. Milan will have four daily departures from Copenhagen, there will be daily flights to Florence from Copenhagen and up to 25 weekly flights to Nice.

Oslo will have 14 weekly departures to Split, and it will be possible to fly with SAS from Stockholm twice daily to Milan and Paris in the summer. Oslo and Copenhagen also have year-round services to another Scandinavian favorite, Gran Canaria.

Northern Europe

From Copenhagen there will be five daily departures to Düsseldorf, four daily flights to Brussels and Gdansk and three daily flights to Warsaw and Vilnius. SAS will fly from Stockholm to Tallinn up to six times a day and to Vilnius three times a day. In addition, Stockholm will increase to two daily flights to Berlin, up to six daily flights to Helsinki, and increased frequencies to both Turku and Vaasa.

Domestic and the Nordic countries

There will be up to seven daily flights from Copenhagen to Bergen in the summer, while Oslo will have two daily departures to Aalborg and four weekly flights to Billund, and increased frequencies to Northern Norway. SAS is also increasing the number of departures between Stockholm and Visby, Kiruna, Skellefteå and Östersund.

More information about the upcoming long-haul flights: SAS INCREASING FLIGHTS TO NORTH AMERICA AND ASIA IN THE SUMMER PROGRAM – SAS (sasgroup.net)

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Genesee & Wyoming welcomes Grupo Mexico Transport

Genesee & Wyoming Inc. (G&W) is pleased to welcome Grupo México Transportes (GMXT) as a new partner in its CG Railway, LLC (CGR) joint venture, pending receipt of regulatory approvals for their purchase of equity interests in CGR.

G&W initially formed a joint venture with SEACOR Holdings Inc. in 2017 to own and operate CGR, which has provided rail-ferry service between the ports of Mobile, Alabama, and Coatzacoalcos, Veracruz, across the Gulf of Mexico since 2001. Last week, GMXT announced its intention to purchase SEACOR’s stake in CGR and become G&W’s new joint venture partner for CGR.

CGR’s service advantages include three-day port-to-port transit time, an expedited customs clearance process and minimal exposure to pilferage while in transit on the Gulf of Mexico. To learn more about the operation, visit cgrailway.com.

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Etihad welcomes 2024 with more destinations in India

Abu Dhabi, UAE – Etihad Airways, the national airline of the United Arab Emirates, has kicked off 2024 by introducing two new services. Daily flights from Abu Dhabi to Kozhikode (CCJ) and Thiruvananthapuram (TRV) in the Kerala region of India that commenced on New Year’s Day.

These non-stop services to each destination bring the total number of Indian gateways served by Etihad to 10, underscoring the airline’s commitment to providing easy access to its expanding global network for guests travelling to and from the Subcontinent.

The introduction of this service enhances accessibility to the picturesque countryside and beaches that Kerala is renowned for, creating increased inbound tourism to the region. Additionally, it streamlines travel for professionals visiting the burgeoning business hubs in the area.

In 2023, the airline reintroduced services to Kolkata, a vital Indian gateway connecting Eastern India to global destinations. Furthermore, the airline has increased the frequencies of flights to Mumbai and Delhi, two of its most popular routes, from two per day to an impressive four flights per day.

For 2024 Etihad has already announced new flights to Boston, USA starting on March 31, to Nairobi, Kenya on May 1, and its exciting summer schedule includes an inaugural non-stop service to Nice, France and direct flights to the Greek isles of Mykonos and Santorini.

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Korean Air CEO says 2024 will be a year of change and innovation

In a New Year’s message to the Korean Air team, Korean Air Lines Co Ltd (Seoul: 003490) Chairman and CEO, Walter Cho, shared that he expected 2024 to be a big milestone for the aviation industry with various changes and innovations shaping the year. Cho emphasized safety and service, and asked his colleagues for their full support to successfully complete the acquisition of Asiana Airlines in 2024.

In his message, Cho anticipated geopolitical risks, global supply chain disruptions, economic slowdowns and prolonged inflation to persist through 2024. He also expected intensified industry competition in regaining market share, and a slowdown of the lucrative cargo business.

Cho further underscored that Korean Air’s operations hinges on commitment to safety, and encouraged his colleagues to take an active role in cultivating a strong safety culture.

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