Tag: Copenhagen (Page 1 of 2)

Maersk signs deal with Starlink for its ocean fleet

October 12, 2023 / WIL BALDWIN

Copenhagen, Denmark, October 12, 2023 – A.P. Moller – Maersk (London: 0O77) is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by Space Exploration Technologies Corp., commonly referred to as SpaceX. SpaceX was founded in 2002 by Elon Musk of Tesla (Nasdaq: TSLA) fame.

Maersk, the global leader of integrated container logistics, will have Starlink installed on more than 330 own operated container vessels. This will enabling high-speed internet with speeds over 200 Mbps, service that is a leap forward in terms of internet speed and latency bringing significant benefits in terms of both crew welfare and business impact.

The agreement comes after a successful pilot phase where crew members on more than 30 Maersk vessels have had the opportunity to test the Starlink technology – resulting in very positive feedback.

A.P. Moller – Maersk expands global air freight services with Los Angeles air cargo gateway

October 4, 2023 / WIL BALDWIN

Los Angeles, California, October 3, 2023 – A.P. Moller – Maersk A/S A (Copenhagen: MAERSKa) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months.

The new facility is just 15 miles from LAX and less than nine miles from the Port of Long Beach. Site staffing will be in place for the conduct of customs brokerage, commercial sales, and freight operations such as LCL transload. This site is U.S. Customs bonded Container Freight Station (CFS) and a U.S. Transportation Security Administration (TSA) Certified Cargo Screening Facility (CCSF). This ensures timely and secure air freight handling. The facility is scheduled to attain Free Trade Zone status in 2024 to benefit from lower duties, reduced processing fees, and faster movement of goods.

The opening of the Los Angeles facility is the latest step in Maersk’s North American air freight capacity expansion program that extends across strategic cargo entry points and is aligned to customer demand. The new capacity allows for more supply chain integration opportunities and better scaling to care for seasonal peaks as well as market driven volume spikes for breakout product launches.

LAX is one of the busiest airports in the world for both passenger traffic and cargo handling and is a major gateway between the U.S. and the Asia-Pacific region. According to Los Angeles World Airports, LAX ranks among the top 5 airports in the U.S. by tonnage. Los Angeles is a leading high-technology center for the nation in the entertainment, electronics, biomedical, computers, and aerospace industries.

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

August 7, 2023 / WIL BALDWIN

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 at USD 13.0bn compared to USD 21.7bn in Q2 2022 while profitability was strong at 12.4% although significantly lower compared to the extraordinarily strong Q2 2022. Reflecting the strong first half performance, Maersk raises its financial outlook and now expects underlying EBITDA of USD 9.5 – 11.0bn (previously USD 8.0 – 11.0bn), underlying EBIT of USD 3.5 – 5.0bn (previously USD 2.0 – 5.0bn) despite a weakened second half market outlook.

Ocean revenue decreased to USD 8.7bn from USD 17.4bn driven by a decrease in freight rates and loaded volumes. While the volume and rate environment stabilized at a lower level during Q2, Ocean continued to be impacted by lower demand, driven by a significant inventory correction in particular in North America and Europe. A strong cost management allowed to partially offset the top line impact on financial performance in Ocean.

Revenue in Logistics & Services was USD 3.4bn compared to USD 3.5bn. The segment was also impacted by lower volumes due to the continued destocking and weaker consumer demand, as well as low rates. As in Ocean, market demand is expected to continue to be subdued as long as the inventory correction is ongoing.

Revenue in Terminals decreased to USD 950m from USD 1.1bn and was influenced by the normalisation of storage revenue and lower volumes amid lower consumer demand and less congestion in North America. Strong cost control contributed to a continued solid financial performance.

A.P. Moller, Maersk Orders Two Boeing 777 Freighters

November 2, 2021 / WIL BALDWIN

COPENHAGEN, Denmark, Nov. 2, 2021 /PRNewswire/ — Boeing [NYSE: BA] and A.P. Moller – Maersk (Maersk) today announced the global provider of end-to-end container logistics has placed an order for two 777 Freighters. The freighters will be operated by Star Air, Maersk’s in-house aircraft operator and is the company’s first 777 order. Star Air currently operates an all-Boeing 767 Freighter fleet.

The 777 Freighter is the world’s largest, longest range and most capable twin-engine freighter. The airplane offers 17 percent better fuel efficiency and reduced CO2 emissions compared to legacy airplanes. With a range of 9,200 kilometers, the 777 Freighter can carry a maximum revenue payload of 102,000 kilograms, allowing Star Air to make fewer stops and reduce landing fees on long-haul routes.

The 777 Freighter is Boeing’s top-selling freighter of all time. Customers from around the world have ordered more than 300 777 Freighters since the program began in 2005. As the air cargo market continues to strengthen throughout the world, freight carriers turn to Boeing for its complete family of new and converted freighters. Boeing airplanes provide more than 90% of the worldwide dedicated freighter capacity.

Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs approximately 80,000 people.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.

Alstom Wins Largest Railway Contract in History of Denmark

June 20, 2021 / WIL BALDWIN

First order from landmark framework agreement with DSB covers 100 Coradia Stream trains and 15 years of maintenance.

Alstom, a global leader in smart and sustainable mobility, has won the largest train tender in Danish rail history. Part of a landmark framework agreement with Danish State Railways (DSB) valued at a total of €2.6 billion, the first firm order of 100 Coradia Stream regional trains as well as a 15-year full-service maintenance agreement amounts to a value of €1.4 billion. The framework agreement includes an additional 15 years of maintenance services and the possibility to order additional trainsets.

Delivery of DSB’s new trains is scheduled to begin in the last quarter of 2024. Once in service, this new fleet will operate as a regional and fast rail service and connect Denmark’s northern region to the capital city of Copenhagen, before proceeding south to Lolland.

The Coradia Stream for DSB has been specially adapted to meet the needs of the Danish rail network and its top speed of 200 km/h will help ensure swift mobility across the country. Each trainset will consist of five single- deck coaches with a total seating capacity for 300 passengers. The trains will be pre-fitted with Alstom’s Atlas onboard ETCS Baseline 3 system, as well as an STM interface enabling it to operate on Denmark’s legacy signalling system.

Talgo Begins Rail Test for Very High-Speed Avril Train

February 6, 2021 / WIL BALDWIN

The first unit of the very high-speed train Talgo Avril began its first rail tests this week, a decisive step in the technical homologation, prior to its commercial circulation by Spanish operator Renfe. This is the final phase in the manufacturing process of 30 units of the Talgo Avril, which has a passenger capacity of up to 581 seats.

The rail tests are aimed at checking the dynamic behaviour of all the elements of the train, and in particular the running gear systems, under progressively more complex operating conditions and up to the speed required for technical homologation of over 360 km/h. Its maximum commercial speed will be 330 km/h.

The homologation tests are planned to be carried out for several weeks on the Madrid-Galicia high-speed rail line, although they could be extended to other parts of the railway network in Spain at a later stage.

Lighter, more sustainable and accessible

Talgo Avril is Talgo’s most advanced very high-speed train, which will become a benchmark of quality in the very high-speed rail segment. Thanks to their high capacity and light overall weight, the Avril trains acquired by Spanish operator Renfe minimise energy consumption and multiply efficiency. This allows them to reduce greenhouse gas emissions and further enhance the position of rail as the most sustainable means of transport.

One of the outstanding features of this latest generation train is that its composition of 12 passenger carriages and 200 metres long are located on a single deck and at the station platform level, allowing passengers to access the train and move around inside it without steps or ramps. Talgo’s unique accessibility not only facilitates access for people with reduced mobility, but also offers an easy journey for all passengers, from parents with prams to passengers with bulky luggage or bicycles.

New routes, new markets

Talgo Avril is part of a highly flexible technological platform that allows each delivery to be adapted to the increasingly complex needs of the European rail market. In this particular contract, the 30 trains supplied are divided into different blocks according to their internal commercial configuration, their automatic variable-gauge system (Iberian and international), and their equipment to be operated north of the Pyrenees. Thanks to these capacities, Talgo Avril will be able to be used on practically the entire Iberian electrified rail network, bringing even closer those destinations to which the new high-performance rail network has not yet been extended, as well as in international relations between Spain and France.

The interoperability of Talgo trains is one of their most distinctive features, and this has led them to be used on commercial routes throughout Europe: France, Switzerland, Italy, Portugal, Russia, Belarus and Poland. The Spanish manufacturer has also recently been awarded new contracts to supply trains to the European operator Deutsche Bahn, which will connect Berlin (Germany) with Amsterdam (Netherlands) and to the Danish company DSB, to link Copenhagen (Denmark) with the German port of Hamburg.

Saab Receives Order for Two Additional Firefighting Aircraft

January 31, 2021 / WIL BALDWIN

The Swedish Civil Contingencies Agency (MSB) has exercised an option in their contract with Saab regarding aerial firefighting capability in Sweden. Saab will provide two additional aircraft with associated crew.

The order from March 2020 concerns the capability to fight fires with two bucketing aircraft yearly, from 1 April to 30 September, through 2023. MSB is now exercising the option in the contract for two more aircraft, beginning with the 2021 fire season. This is a resource that will be available both for Sweden and for the EU.

During the past year, Saab has established capabilities in the form of firefighting aircraft of the type Air Tractor AT-802 F and pilot and technician skills, as well as specific permits for operation. During the summer, MSB decided to deploy Saab aircraft and pilots to fight a total of five different forest fires.

“We are proud to be a part of the Swedish national defence system and we are looking forward to expanding our firefighting capabilities with two more aircraft and several pilots. Prompt national responses to forest fires are important,” says Ellen Molin, head of Saab’s business area Support and Services.

The AT-802 F aircraft type is a water-bombing aircraft that can release 35,000-50,000 litres of water per hour in the event of, for example, a forest fire. The firefighting aircraft will be based in Nyköping, where Saab already has aviation operations for, among other things, aerial target services and support for Swedish Coast Guard aircraft. From Nyköping, the aircraft can reach Copenhagen or eastern Finland within 2 hours and Luleå within 3 hours. If necessary, resources can be based at another location with advanced technical and maintenance resources. Rapid response to forest fires is crucial.

Siemens Mobility SignsMoU to Install Egypt’s First High-Speed Rail System

January 17, 2021 / WIL BALDWIN

Agreement comprises a rail system with a network of around 1000km – first being a 460km project valued around 3bn$
Turnkey Engineering, Procurement and Construction project including 15 years of services
Siemens Mobility to provide high-speed and regional trains, locomotives, rail infrastructure, system integration and other services

The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility have signed a Memorandum of Understanding (MoU) – together with the local companies Orascom Construction S.A.E. and The Arab Contractors (Osman Ahmed Osman & Co.) – to design, install and commission Egypt’s first ever high-speed rail transportation system. Additionally, Siemens Mobility will be providing maintenance services. The agreement comprises a rail system with a network of 1000km, with the first being a 460km high-speed line. The order value of this initial high-speed line is around 3bn$.

The MoU was signed by Essam Waly, Chairman of Egypt’s National Authority for Tunnels, and Michael Peter, CEO Siemens Mobility, in a meeting on January 14, 2021 in Cairo. This was witnessed by His excellency, Prime Minister Mostafa Madbouly, His excellency, Minister of Transport Egypt Kamel Al Wazir, as well as Siemens CEO Joe Kaeser and Siemens Deputy CEO Roland Busch.

The first 460 km long high-speed line will connect the vastly developing cities of El-Alamein on the Mediterranean Sea to Ain Sokhna on the Red Sea, while also passing through the New Administrative Capital. The line will also be operable for freight transport purposes which will further foster economic growth in the region.

Siemens Mobility is the global leader in high-speed rail operations and is one of the leading companies in the Egyptian mobility market since the 1960s. The company has also extensive experience in delivering high-speed rail projects in the Middle East and Africa region.

As a leading global rail turnkey project provider with a proven track record of delivering projects on time, Siemens Mobility integrates its portfolio elements and delivers complete rail systems reliably and from one single source. So far, the company has successfully completed around 50 turnkey projects all over the world – delivering many ahead of schedule. Latest projects include the Extension of the Blue Line metro in Bangkok finished last year and the Copenhagen Light Rail project.

For further information about Siemens Mobility, please see: www.siemens.com/mobility

Emirates to Resume Flights to Stockholm on 1st of August

July 20, 2020 / WIL BALDWIN

Emirates will resume passenger services to Stockholm with weekly flights from 1 August, expanding its network in Europe to 22 cities, and connecting customers from Europe to the Middle East, Asia Pacific and Africa.

The restart of Stockholm flights means that all Emirates gateways in Scandinavia will have resumed services by August, with flights to Oslo resuming from 4 August and services to Copenhagen being in operation since June.

This will take the airline’s passenger network to 63 destinations in August, offering customers around the world more convenient connections to Dubai, and via Dubai.

Flights between Stockholm and Dubai will operate once a week on Saturdays. Emirates flight EK157 will depart Dubai at 08:40 and arrives in Stockholm at 13:10. The return flight EK 158 leaves Stockholm Arlanda Airport at 15:05 and arrives into Dubai International Airport at 23:20. All times are local.

The flights will be operated with the Emirates Boeing 777-300ER and can be booked on emirates.com or via travel agents.

Dubai is open: Customers from across Emirates’ network can now to travel to Dubai as the city has re-opened for business and leisure visitors with new air travel protocols that safeguard the health and safety of visitors and communities. For more information on entry requirements for international visitors to Dubai, visit: www.emirates.com/flytoDubai

Flexibility and assurance: With the gradual re-opening of borders over the summer, Emirates has revised its booking policies to offer customers more flexibility and confidence to plan their travel. Customers whose travel plans are disrupted by COVID-19 related flight or travel restrictions, can simply hold on to their ticket which will be valid for 24 months and rebook to fly at a later time; request travel vouchers to offset against future Emirates purchases, or request refunds via an online form on Emirates’ website or via their travel booking agent.

Health and safety first: Emirates has implemented a comprehensive set of measures at every step of the customer journey to ensure the safety of its customers and employees on the ground and in the air, including the distribution of complimentary hygiene kits containing masks, gloves, hand sanitiser and antibacterial wipes to all customers. For more information on these measures and the services available on each flight, visit: www.emirates.com/yoursafety

Travel restrictions: Customers are reminded that travel restrictions remain in place, and travellers will only be accepted on flights if they comply with the eligibility and entry criteria requirements of their destination countries. Visit: www.emirates.com/travelrestrictions

Dubai residents can check the latest travel requirements at: www.emirates.com/returntoDubai

Alstom to Equip Regional Trains in Sweden with ERTMS Onboard Control System

March 25, 2020 / WIL BALDWIN

Alstom has been awarded a contract by AB Transitio, Region Skåne through Skånetrafiken, Region Blekinge, Hallandstrafiken AB, and DSB SOV to equip a fleet of 77 X31 regional trains with ERTMS onboard train control system, with an option of an additional 34 trains. All trains will be ready by end of 2023. The contract is worth about 35 million euro.

The trains are running in the growing Öresund region in the South of Sweden, and Eastern Denmark.

Alstom will install a solution that features an integrated dual system enabling the trains to run on legacy lines equipped with ATC-2 system in Sweden, whilst being also able to run on lines newly equipped with the ERTMS Level 2 system both in Sweden and Denmark. Furthermore, the trains are also equipped to run on the existing ZUB 123 system in Denmark. The design of the dual system minimizes hardware equipment by sharing some on-board components, and the wheel sensors. Alstom is the ERTMS market leader and is currently delivering a similar solution in Norway on over 400 trains, to be completed in 2026.

“We are very pleased to deliver an onboard control system solution for AB Transitio and their fellow vehicle owners for Öresundstrafiken. This contract is a strategic win for Alstom in Sweden, where its longstanding international ERTMS experience now will be applied to a major part of the train fleet in southern Sweden,” said Björn Asplund, Managing Director of Alstom Sweden.

“To us, an updated and modern train fleet is important as we see a steadily increasing flow of passengers to a region that continues to grow. With a new digital signalling system, the trains will continue to provide a very safe railway service in the Öresund region”, says Stefan Kallin, CEO of AB Transitio.

The project will be delivered by Alstom Sweden together with Alstom center of excellence for ERTMS in Charleroi, Belgium. Installation design and supply chain will be performed by the Alstom team in Copenhagen, Denmark.

Alstom’s Atlas is the worldwide number one in on-board ERTMS equipment, representing 70% of the on-board systems in service in ERTMS Level 2. Today, across 20 countries, trains under Atlas supervision have covered over 150 million kilometers, including Deutsche Bahn’s ICE3 fleet recently equipped in Germany. Alstom has also delivered the first ERTMS Level 3 in commercial service in the world in Germany.

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