Tag: product (Page 1 of 4)

Alstom signs contract to supply 16 electric locomotives in Romania

January 29, 2024 / WIL BALDWIN

January 29, 2024 – Alstom, global leader in smart and sustainable mobility, and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 16 Traxx 3 MS electric locomotives and 20 years of associated maintenance services. The contract, totalling around €150 million, extends Alstom’s collaboration with ARF within the rolling stock sector. The 20-year maintenance and repair period can be extended by a further 20 years by concluding an additional agreement.

The Traxx locomotives offer a flexible design based on a robust, modular platform approach compatible with many applications (single or multi-country freight and passenger transport) and available in various configurations (AC, DC and multi-system). This product delivers increased operational performance and reliability with higher energy efficiency and extended maintenance intervals to improve its availability.

Alstom has been active in Romania for almost 30 years and is a market leader in railway electrification and signalling solutions. The company is responsible for implementing signalling or electrification solutions on the Rhine-Danube railway corridor as well as in the Cluj area, where the company is also part of the consortium building the second metro system in the country, in the city of Cluj Napoca. The first CBTC urban signalling solution in the country is under implementation by Alstom on Bucharest’s metro Line 5. The company has also been the provider of maintenance services for the Bucharest metro fleet for nearly 20 years, with an ongoing contract valid until 2036.

Airbus and BMW Group launch Quantum Computing Competition

December 6, 2023 / WIL BALDWIN

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.

SBB connects Geneva Airport to the Swiss Air Rail route network

October 24, 2023 / WIL BALDWIN

Swiss International Air Lines AG, the flag carrier of Switzerland and a subsidiary of the Lufthansa Group (Xetra: LHAG), and SBB is expanding the Air Rail route network and adding Geneva Airport. Swiss passengers traveling via Lausanne, Freiburg or Bern train stations now have the choice between connecting to Zurich Airport or Geneva Airport. You can now book and use the new connection to or from Geneva Airport. For example, you can travel directly and comfortably from New York via Geneva to Lausanne, Freiburg or Bern. In addition, both companies are taking another important step in the technical integration of their system landscapes and will in the future provide Swiss Tickets with an SBB QR code. The aim is to improve boarding pass control and customer service. Since establishing their strategic partnership in October 2019, Swiss International Air Lines (Swiss) and the Swiss Federal Railways SBB have been continuously working to expand their joint service and product portfolio.

Travel comfortably with Swiss Air Rail

With this further step in the expansion of the intermodal offering, the Swiss Air Rail network now includes two airport stations and a total of 11 destinations. These include Geneva (main station), Freiburg, Bern, Interlaken, Lausanne, Lucerne, Lugano, Bellinzona and Basel in Switzerland as well as Munich in Germany and Bregenz in Austria. As with all Swiss Air Rail destinations, customers also benefit from the option of booking the entire trip in one step for connections to/from Geneva Airport. The train ticket is included in the Swiss flight price and can be booked online and at any travel agency. Passengers only need to check in once and receive all boarding passes directly from Swiss.

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Swiss and SBB connect Geneva Airport

Maersk launches rail offering from Barcelona, Spain to Southern France

October 8, 2023 / WIL BALDWIN

Barcelona, Spain – AP Moeller-Maersk AS (OTC: AMKBY) is launching a new rail product from the Port of Barcelona to Southern France especially designed to cut transit times of ocean cargo destined to the areas Toulouse, Bordeaux and Lyon by using Barcelona as an alternative gateway. Starting early November there will be three weekly direct block trains between Barcelona and Toulouse as well as one weekly connection between Barcelona and Lyon. Via Toulouse the solution also connects cargo to Bordeaux seamlessly by using a partner network. Furthermore, it is intended to extend the connectivity on the Spanish side by rail to the areas of Tarragona and Zaragoza.

This new offering can shorten transit times for import and export cargo in the areas Toulouse, Bordeaux and Lyon by up to 12 days (7 days on average) compared to traditional routings via French or North European ports. Thanks to shorter transport distances and the utilisation of electrified trains it can also be a more environmentally friendly routing. The block trains can also be booked for intra-continental cargo between Spain and France.

Maersk is operating this new end to end service via its own company APM Spain Railways and cooperates for the trains with the partners Captrain and Naviland.

Thanks to brand new interoperable locomotives, the block trains neither have to stop to change the locomotive or replace wheel-sets at the Spanish-French border for seamless operations and best-in-class reliability.

Maersk finalizes ECO delivery deal with Amazon

September 6, 2023 / WIL BALDWIN

Florham Park, New Jersey, September 6, 2023 – A.P. Moller – Maersk (OTC: AMKBY) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of coal burned. This is the fourth consecutive year that Amazon and Maersk have arranged container shipping using low GHG fuel options.

The ECO Delivery biofuel option offers emission reductions that enable immediate and externally verified GHG savings for customers, without compensatory measures like offsetting. This year, Amazon will benefit from a new feature of the ECO Delivery product which will be enabled by also using green methanol in addition to the bio diesel as a second green fuel* in the vessel fleet. ECO Delivery is using primary data for fuel consumption in the methodology to report emissions savings with greater precision, inclusive of other greenhouse gases in addition to the CO2. The new model also provides price certainty and stability and is de-linked from the fossil fuel market.

^* Maersk defines ’green fuels’ as fuels with low to very low GHG emissions over their life cycle compared to fossil fuels. Maersk green fuels and its supply chain are verified by the International Sustainability and Carbon Certification (ISCC) . The methodology for accounting emissions is based on GLEC (Global Logistics Emissions Council) and is certified by Smart Freight Center. We ensure auto-generated performance tracking of Maersk ECO Delivery shipments. Maersk ECO Delivery CO2e saving certificates will be issued. The method is audited by PwC in accordance with the International Standard of Assurance Engagements 3410 (ISAE 3410 – Assurance Engagements on Greenhouse Gas Statements), showing CO₂e savings for the scope of the Maersk ECO Delivery agreement.

Rolls-Royce pioneering electrification in aviation at scaleRolls-Royce

September 1, 2023 / WIL BALDWIN

At Rolls-Royce (OTC: RYCEY), we aim to lead the Advanced Air Mobility market and achieve the world’s first certification of an electric engine for commercial aircraft by the mid-2020s. Light aircraft are already flying with electric propulsion, demonstrating the technological possibilities for the decarbonisation of large aviation in the future, if we can develop at scale.

In 2022, Rolls-Royce Electrical launched a dedicated programme that will enable us to achieve the levels of mass production needed to support the industry, embedding industrialisation within our electric propulsion product portfolio.

To do this, the programme is focussed on developing the right capabilities within the business’s core functions: supply chain, manufacturing, quality and services. As such, our core industrialisation team is working in close collaboration with a new product introduction projects team to ensure that any under-development electric drive technologies and systems can be sourced, manufactured and serviced at scale.

Rolls-Royce supply chain teams are responsible for sourcing partners to produce materials that will not only uphold the highest of aviation safety standards but that can be sourced and brought to the assembly line affordably and at pace, ready to support mass production.

Once chosen, the supply chain team also support our engineers by working hand-in-hand with suppliers throughout the product’s design to ensure that customer needs are met.

First Lufthansa Boeing 787-9 Gets Ready for Delivery

June 3, 2022 / WIL BALDWIN

The Lufthansa Boeing 787-9 with the registration D-ABPA and the future name “Berlin” will be delivered to Lufthansa following certification by the FAA (Federal Aviation Administration) this summer.

The ultra-modern long-haul “Dreamliner” aircraft will consume an average of around 2.5 liters of kerosene per passenger and 100 kilometers flown. That is around 25 percent less than their predecessor aircraft. The CO2 emissions are also improved accordingly.

The Boeing 787-9 “Berlin” will have an improved cabin product – including direct aisle access for all guests in Business Class. Following several weeks of planned cabin refurbishments at Lufthansa’s maintenance in Frankfurt, the aircraft will be deployed initially on domestic German routes for training purposes. The first intercontinental scheduled destination of the Lufthansa “Dreamliner” will be Toronto.

In total, the Lufthansa Group has ordered 32 Boeing “Dreamliner” with delivery between 2022 and 2027.

Spanish Ministry of Defense Signs Deal for 36 Airbus H135 Helicopters

December 27, 2021 / WIL BALDWIN

Marignane, France – The Spanish Ministries of Defense and Interior have ordered 36 Airbus (OTC: EADSY) H135 helicopters. This signature takes place in the context of the stimulus plan activated by the Spanish government to support the industry. The Ministry of Defence will receive 18 helicopters to be operated by the air force and the navy while the Ministry of Interior will also take delivery of 18 helicopters to be operated by the National Police and the Guardia Civil. The deliveries will start next year.

The Spanish Army already operates a fleet of 16 H135 helicopters. With this acquisition, these will be the Spanish Air Force’s first H135’s and the Spanish Navy’s first Airbus Helicopters product. As was the case for the H135’s acquired some time ago by the army, the new aircraft for the air force and navy will replace older helicopter models currently used for advanced pilot training. The standardisation of training fleets across the three armed forces will create synergies and lead to the implementation of new and more efficient training and support activities.

The Ministry of Interior currently has a fleet of 31 helicopters from the H135 family in operation with the National Police, the Guardia Civil, and Tráfico. The new helicopters will enable the Policía and Guardia Civil to replace the BO105 helicopters in a wide range of missions including law enforcement, surveillance, and rescue activities.

Israel Railways Issues Notice to Proceed for Supply of 36 Alstom Traxx locomotives

November 9, 2021 / WIL BALDWIN

9 November 2021 – Israel Railways (ISR) has issued a notice to proceed for the supply of additional 36 Traxx locomotives from Alstom (OTC: ALSMY) as part of its framework agreement in 2015 for the supply of 63 electric Traxx and additional 74 double-deck coaches in 2019.

In September 2015, ISR ordered 62 Traxx 160 km/h P160 AC3 locomotives. The contract also included an option for additional 32 units.

The 36 locomotives will be delivered between April 2023 to October 2024, at a beat rate of two or three locomotives each month and will include unique features and advanced safety features. To date, Alstom concluding the delivery of 27 locomotives to ISR. The delivered locomotives are serving ISR growing electrified network, the locomotives maintained by ISR at the Lod depot with warranty services support by Alstom’s Product Introduction teams.

The locomotives are powered with 6,000 kW traction suited for ISR electric network of 25kV 50 H. The Traxx electric-locomotive hauled ISR Twindexx Vario red double-deck coaches delivered by Alstom. More than 500 of these double-deck cars are successfully in service in Israel since 2002, providing safe, reliable and comfortable journey to all passengers in Israel.

More than 2,300 Traxx locomotives have been sold around the world in the last 20 years. They are authorized to operate in 20 countries around the world and drive a cumulative total annual mileage of 300 million km.

Alstom has been contributing to the development of railway systems in Israel for more than 30 years, and everyday hundreds of thousands of Israelis enjoy its products, services, and green and sustainable mobility solutions. The company operates in 6 sites in Israel: the headquarters in Tel-Aviv, a retrofit site and Fleet Maintenance site in Haifa, a vehicle production site in Dimona and a Signaling project in Tel-Aviv and Be’er-Sheva. Alstom retains over 250 employees in Israel and is involved in 8 advanced infrastructure projects, for which it provides passenger coaches and electric locomotives, signaling and integration systems and maintenance services.

Hilton Expands All-Inclusive and Luxury Beachfront Resort Portfolio in Mexico

July 15, 2021 / WIL BALDWIN

McLean, Virginia – Leading global hospitality company, Hilton (NYSE: HLT), announced today the signing of three managed resorts in Mexico, furthering the company’s all-inclusive and luxury expansion plans: Hilton Vallarta Riviera All-Inclusive Resort, Hilton Tulum All-Inclusive Resort and the luxurious Conrad Tulum. The newest additions to the company’s portfolio showcase Hilton’s deep-rooted commitment to growing its unrivaled offerings in Mexico, where Hilton has more than 70 hotels open and more than 30 in the development pipeline.

“Mexico has always been an incredibly important destination for Hilton. These new additions are one more symbol that tourism in Mexico is rebounding and it is with great pride that we continue evolving our offerings in this burgeoning market, especially in the luxury and all-inclusive segments,” said Danny Hughes, Executive Vice President and President, Americas, Hilton. “We are extremely proud of our new products, ongoing partnership with Parks Holdings and the resilient Team Members who are working to bring the warmth of hospitality to the new resorts entering our portfolio.”

A development by Parks Hospitality and owned by Fibra UNO, Hilton Vallarta Riviera All-Inclusive Resort is expected to convert in Q4 2021. Situated between the beaches of the Bay of Banderas and the majestic Sierra Madres Mountain, the 444-room AAA Four Diamond award-winning resort features a picturesque private beach, two glistening pools, full-service spa, fitness center, six craft cocktail bars, and seven specialty restaurants offering a variety of cuisine including Asian, Italian and Mexican flavors, as well as seafood and tapas options. Catering to the evolving needs of today’s business traveler, the resort offers nearly 26,000 square feet divided with 13,000 square feet of outdoor event space and 13,000 square feet of flexible indoor meeting space.

Owned and developed by Parks Hospitality, Conrad Tulum and Hilton Tulum All-Inclusive Resort are anticipated to join the Hilton portfolio in Q4 2021 and Q1 2022 respectively. The distinctly unique hotels will each provide guests with a brand-exclusive experience featuring world-class dining and extensive recreation options, while offering visitors access to shared amenities including a meetings and events complex and a state-of-art spa.

“We are honored and excited to be extending our successful partnership with Hilton with these iconic resorts and bringing new unprecedented luxury options to Tulum. We believe Mexico’s unique combination of people, culture, gastronomy, and natural beauties, make it the best global destination for tourism and we look forward to our continued future growth with Hilton. I would like to thank all of Parks, FUNO and Hilton’s team for all their hard work in bringing these amazing projects to reality,” said Charles Elmann Fasja, CEO Parks Holdings.

Nestled among verdant tropical vegetation, overlooking the Caribbean Sea’s turquoise waters, and situated on an expansive stretch of beach, the new-build 349-room luxurious Conrad Tulum will be Conrad Hotels & Resorts’ first hotel in Quintana Roo on the eastern coast of the Yucatan Peninsula. Located near one of the best-preserved Mayan sites in Mexico, the property will provide a secluded haven for travelers featuring a bold design aesthetic inspired by Tulum’s lush landscape, picturesque beaches, and surrounding nature reserves. In addition to elegantly appointed rooms, the new hotel’s selection of accommodations will feature contemporary and sophisticated master suites, governor suites and presidential suites. Guests can choose from seven world-class restaurants and bars featuring an array of cuisine options from Mediterranean and Asian to a special Chef Table’s dining experience and relax and unwind in five pools. Like other properties in the Conrad Hotels & Resorts portfolio, Conrad Tulum will draw on the destination’s local influence and offer a distinct experience for travelers. Travelers will enjoy an enriching escape with effortless and passionately delivered service as they explore and immerse themselves in Tulum’s culture and community.

The 735-room oceanfront Hilton Tulum All-Inclusive Resort will introduce travelers to an upscale and elevated all-inclusive experience in this sought-after destination. Set to boast unrestricted views of the picturesque waters of the Caribbean Sea, the resort will offer seven dining experiences featuring international cuisine, an expansive multiple pool complex with a waterpark, and a secluded beach.

In addition to the variety of dining and recreation options at the luxurious Conrad Tulum or Hilton Tulum All-Inclusive Resort, all guests at either hotel will have access to a 21,500-plus square foot spa, with 16 treatment rooms and a pool, in a private and quiet area surrounded by tropical resort grounds. Guests visiting for meetings or events will have access to a 55,000 square foot convention center and an auditorium that seats up to 400 people.

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