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Category: Shipping News (Page 9 of 23)

Rolls-Royce extends sponsorship of Technology Lab in Friedrichshafen

December 6, 2023 /

Friedrichshafen, Germany, December 6, 2023 – Rolls-Royce Holdings PLC (London: RR) is to prolong its sponsorship of the Friedrichshafen Wissenswerkstatt e.V. (technology lab) and has committed to continuing funding for another five years. That means that the Wissenswerkstatt Friedrichshafen will benefit from a total of 250,000 euros up to 2028. It offers technology courses for children and teenagers from the age of five to eighteen at two locations in Friedrichshafen.

The courses given in the Wissenswerkstatt are not just designed to impart knowledge, but to highlight the enjoyable side of technology. In a relaxed atmosphere, the participants, working in groups of up to 14 or individually, engage in practical projects such as ‘Voltage from Veg – the Potato Battery’, or ‘The Internal Combustion Engine’s, or ‘Robotics – When Machines Do What I Say’.

One contribution Rolls-Royce Power Systems already made to the Wissenswerkstatt is an mtu Series 1600 engine on which participants learn about how an internal combustion engine is structured and works.

The general members’ meeting of the Wissenswerkstatt voted for Martin Stocker, head of training at Rolls-Royce Power Systems, to take up a seat on the board of the organization, which he will be retaining voluntarily in the future.

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.

 

Airbus and BMW Group launch Quantum Computing Competition

December 6, 2023 /

Santa Clara, California, December 6, 2023 – Airbus Group SE (Paris: AIR) and BMW Group (Xetra: BMWG) launch a global Quantum Computing Challenge entitled “The Quantum Mobility Quest” to tackle the most pressing challenges in aviation and automotive that have remained insurmountable for classical computers. This challenge is the first-of-its-kind, bringing together two global industry leaders to harness quantum technologies for real-world industrial applications, unlocking the potential to forge more efficient, sustainable and safer solutions for the future of transportation.

Quantum computing has the potential to significantly enhance computational power and to enable the most complex operations that challenge even today’s best computers. In particular, for data-driven industries like the transportation sector, this emerging technology could play a crucial role in simulating various industrial and operational processes, opening up opportunities to shape future mobility products and services.

Challenge candidates are invited to select one or more problem statements: improved aerodynamics design with quantum solvers, future automated mobility with quantum machine learning, more sustainable supply chain with quantum optimisation, and enhanced corrosion inhibition with quantum simulation. Additionally, candidates can put forward their own quantum technologies with the potential to develop native apps yet to be explored in the transportation sector.

The challenge is hosted by The Quantum Insider (TQI) and divided into two parts, a four-month phase where participants will develop a theoretical framework for one of the given statements, and a second phase during which selected finalists will implement and benchmark their solutions. Amazon Web Services (AWS) provides candidates with an opportunity to run their algorithms on their Amazon Braket quantum computing service.

A jury composed of world-leading quantum experts will team up with experts from Airbus, BMW Group, and AWS to evaluate submitted proposals and award one winning-team with a €30,000 prize in each of the five challenges, by the end of 2024.

Registration opens today, and submissions will be accepted from mid-January through April 30, 2024 here: www.thequantuminsider.com/quantum-challenge.

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.

 

Canton of Lucerne, Lucerne Transport Association, and SBB sign perspective

December 5, 2023 /

The canton of Lucerne, the VVL and the SBB today signed the “Overall Perspective for Lucerne” and named a regional double-decker train the “Luzern”. The christened vehicle is the RV-Dosto RABe 511 016. The train christening symbolizes an important measure from an overall perspective: From December 10, 2023, double-decker trains with significantly more seats will run on the RegioExpress connection between Olten and Lucerne (new RE24). as before.

The trains on the various corridors around Lucerne are very busy during peak hours and no additional trains can arrive and depart from Lucerne station. In order to be able to expand capacity despite the busy rail infrastructure, the RegioExpress trains between Olten and Lucerne will run double-decker on weekdays until 8 p.m. and occasionally on weekends from the timetable change on December 10, 2023. The double-decker train with 535 seats instead of the previous single-decker Flirt with 324 seats (in double traction) significantly increases the capacity on the line and offers passengers more space and comfort. There will also be more space on the S1 after the timetable change: more trains will run with double traction instead of single traction between Baar and Lucerne.

Together for strong public transport

The overall perspective is a work program by the SBB, the VVL and the canton of Lucerne with the aim of strengthening public transport and making it even more customer-friendly. It is the result of intensive cooperation between the three partners and is based on the overall perspective for Central Switzerland that was adopted in 2016.

The overall perspective includes measures up to the 2035 expansion horizon with short and medium-term effects and builds on offer concepts that have already been decided. With an overall perspective, the partners agree on measures for integrated mobility and area development, which in particular coordinate ongoing planning with one another. The three partners – SBB, VVL and Canton – do this in five fields of action: passenger transport, transport hubs, internal development, freight transport and logistics as well as railway infrastructure and railway operational facilities.

The Lucerne through station (DBL) is anchored as a long-term project as a target image. With its local, regional and national benefits, it offers a sustainable development perspective for the greater Lucerne area and central Switzerland. The short and medium-term measures of the overall perspective as well as the fields of action mentioned above are therefore geared towards this target image.

 

 

Union Pacific announces new Phoenix Terminal connecting Southwest Markets with Southern California

December 1, 2023 /

Union Pacific Railroad announced plans today to open a new international intermodal terminal in the heart of Phoenix, providing customers a sustainable rail option between ocean ports in the Los Angeles Basin and the nation’s fast-growing Southwest region.

The new terminal, owned and operated by Union Pacific, is expected to open in the first quarter of 2024. It will be established in Union Pacific’s downtown rail yard, with capacity to grow to meet customer demand.

The new facility will open with drayage support provided by Duncan & Son Lines, a family-owned logistics firm in Buckeye, Arizona, that primarily focuses on international container drayage from the ports of Long Beach and Los Angeles.

The new terminal further expands Union Pacific’s intermodal footprint, which is the largest in North America with the most direct services from coast to coast.

About Union Pacific

Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

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.

 

 

Hola

United Airlines expands in Houston with $2.6B terminal project

December 1, 2023 /

Houston, December 1, 2023, PRNewswire – United Airlines Holdings Inc (Nasdaq: UAL) today announced growth plans in Houston that include a $2.6 billion renovation and expansion of Terminal B at George Bush Intercontinental Airport (IAH), a new United ClubSM location and Early Bag Storage facility (EBS) as well as a new direct flight to Georgetown, Guyana*.

These investments are part of the airline’s  United Next growth plan and include the expansion of 40 gates at IAH to accommodate larger aircraft, resulting in a 40% increase in the overall number of people who can fly on peak travel dates in 2026 compared to 2023.

United’s Terminal B Transformation Program, pending final approval from Houston’s city council, will play an important part in the estimated 54 million future passengers that will annually travel throughout the Houston hub and aims to improve the travel experience from arrival to departure.

Project highlights include:

  • A three-level, 765,000 sq. ft. Terminal B North Concourse with 22 mainline, narrow-body gates
  • Converting 30 existing small regional jet gates to 18 gates to accommodate larger, two-class regional jets in the Terminal B South Concourse
  • Boarding via jet bridge for all flights
  • Two major concessions hubs with more than 115,000 sq. ft. of food and retail space
  • A new, state-of-the-art baggage handling system equipped with advanced tracking technology
  • The largest United Club in our system
  • Expanded curbside and roadway capacity with a ground-level check-in area, including the addition of a traffic bypass between Terminals B and A to allow Terminal B customers to exit the airport without having to drive past Terminal A as they do today
  • A new sensory room for passengers with disabilities

*flights subject to government approval.

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.

 

 

 

 

 

 

 

Air France-KLM and Etihad Airways announce frequent flyer partnership

November 27, 2023 /

Air France-KLM Group SA (Paris: AIRF) and Etihad Airways, the national airline of the United Arab Emirates, today announced a new partnership between their respective loyalty programs following the Memorandum of Understanding (MoU) signed between the two airline Groups in September 2023.

As part of this new partnership, members of Flying Blue, Air France and KLM’s loyalty program, and members of Etihad Guest, the loyalty program of Etihad Airways, will now be able to earn and redeem Miles on either loyalty programme when flying on Air France, KLM or Etihad. Reciprocal benefits for elite members will be announced soon.

Following the MoU signed earlier this year, Air France-KLM and Etihad Airways customers now have the opportunity to connect, and therefore to earn and redeem miles, to more than 60 new routes covering destinations worldwide.

The partnership will go live today, on the heels of Air France’s inaugural flight from Paris Charles-de-Gaulle to Abu Dhabi International Airport this past October 29th.

Flying Blue Miles can be redeemed to enjoy a vast range of benefits from flights, worldwide hotel stays, car rentals, or products from the Flying Blue Store. Etihad Guest Miles can be spent on flights, worldwide hotel stays and vacations, or products from the Etihad Guest Reward Shop.

Air France currently operates daily flights between Paris – Charles de Gaulle and Abu Dhabi International Airport while Etihad currently operates daily flights to both Paris-Charles de Gaulle and Amsterdam Schiphol from Abu Dhabi International Airport.

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.

 

 

 

 

 

Rex Airlines wins APEX Award for best cabin service in the South Pacific

November 12, 2023 /

Rex Airlines has been recognised as having the South Pacific’s Best Cabin Service in the 2024 Airline Passenger Experience Association (APEX) Awards. The award was presented in Singapore last night where Rex’s Executive Chairman, Lim Kim Hai, accepted it on behalf of the airline.

The award ceremony was part of the FTE APEX Asia Expo, the air transport industry’s largest passenger experience and business performance event. APEX said nearly one million flights were anonymously rated by passengers across more than 600 airlines from around the world using a five-star scale.

Rex is Australia’s largest independent regional and domestic airline operating a fleet of 58 Saab 340 and 9 Boeing 737-800NG aircraft to 56 destinations throughout all states in Australia. In addition to the airline Rex, the Rex Group comprises wholly owned subsidiaries Pel-Air Aviation (air freight, aeromedical and charter operator), the Australian Airline Pilot Academy with campuses in Wagga Wagga and Ballarat, and propeller maintenance organisation, Australian Aerospace Propeller Maintenance. Rex is also a 50% shareholder of National Jet Express (NJE), a premier Fly-In-Fly-Out (FIFO), charter and freight operator.