Maritime

Cargill Shares Outcome of the World’s First Wind-Powered Ocean Vessel’s Maiden Voyage

Retrieved on: 
Wednesday, March 13, 2024
Maritime, Transport, Alternative Energy, Energy, Food, Beverage, Retail, Agriculture, Supply Chain Management, Natural Resources, Wind, Learning, WAP, Global warming potential, Travel, Wind-assisted propulsion, International Maritime Organization, English, Carbon, Greenhouse gas emissions, Pyxis, EPA, DNV, Multimedia, CFD, Shipbuilding

“We could never have done this alone – BAR Technologies and MC Shipping and have been fantastic partners in making the Pyxis Ocean a reality as well as the captain and crew.

Key Points: 
  • “We could never have done this alone – BAR Technologies and MC Shipping and have been fantastic partners in making the Pyxis Ocean a reality as well as the captain and crew.
  • The ship was retrofitted with two WindWings®, which measure 37.5 meters in height and resemble large airplane wings.
  • For example, in near optimum sailing conditions, during an open sea voyage, the Pyxis Ocean achieved fuel savings of 11 tonnes per day.
  • This complexity is where Cargill truly excels, and how we can leverage our unique role in the maritime industry.

World Ambulance Services Market Size, Trends Analysis and Forecasts 2023-2024 and 2030: Favorable Reimbursement Policies and Entry of New Service Providers Driving Market Developments - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 13, 2024
Diabetes, Health Technology, Construction & Property, State, Local, Other Health, Law Enforcement, Emergency Services, Public Safety, General Health, Other Transport, Hospitals, Maritime, Air, Transport, Urban Planning, Public Transport, Health, MEMS, Ambulance, Equipment, Growth, Emergency service, ALS, COVID-19, Policy, Greater Chennai Corporation, Insurance, Accident, Injury, Hindus, Medicare

The "Ambulance Services Market Size, Share & Trends Analysis Report By Transport Vehicle (Ground Ambulance, Air Ambulance), By Emergency Services, By Equipment, By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ambulance Services Market Size, Share & Trends Analysis Report By Transport Vehicle (Ground Ambulance, Air Ambulance), By Emergency Services, By Equipment, By Region, And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The growth of the market is due to favorable reimbursement policies in developed nations.
  • In the U.S., Medicare covers both emergency and non-emergency ambulance services for medically necessary cases, given that the supplier fulfills stipulated requirements.
  • Thus, with rise in number of road accidents, the demand for air ambulance is expected to increase, thereby impelling the ambulance services market.

Esri’s Dr. Dawn Wright Selected for 2024 US Science Envoys

Retrieved on: 
Wednesday, March 13, 2024
Green Technology, Women, Satellite, Maritime, Environment, Other Science, Transport, White House, Federal Government, Other Technology, State, Local, Sustainability, Software, Internet, Consumer, Professional Services, Science, Technology, Public Policy, Government, Data Analytics, Mentorship, Travel, Cohort, GIS, History, Artificial intelligence, American Academy, Hope, National academy, Challenger, Woman, Mariana Trench, Pacific Ocean, Literature, The arts, Challenger Deep, Management

Dawn Wright, among four distinguished scientists to serve as a new US Science Envoy in 2024.

Key Points: 
  • Dawn Wright, among four distinguished scientists to serve as a new US Science Envoy in 2024.
  • The scientists selected to participate this year make up the first all-female cohort in the history of the US Science Envoy Program.
  • Science Envoys help inform the Department of State, other US government agencies, and the scientific community about opportunities for science and technology cooperation.
  • Dawn Wright and Esri work to advance science using technology, visit esriurl.com/scicomm .

World Kinect Corporation Highlights Growth Strategy and Financial Outlook During 2024 Investor Day

Retrieved on: 
Wednesday, March 13, 2024
Oil, Gas, Alternative Energy, Energy, Sustainability, Other Transport, Environment, Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, Other Energy, Public Transport, Utilities, WKC, Growth, World Fuel Services, Renewable energy

World Kinect Corporation (NYSE: WKC) (“World Kinect” or the “Company”) today hosted its 2024 Investor Day, during which the Company discussed its unique position in a large global market, its strategy to capture opportunities across its three business segments, and its financial targets to drive attractive long-term shareholder returns.

Key Points: 
  • World Kinect Corporation (NYSE: WKC) (“World Kinect” or the “Company”) today hosted its 2024 Investor Day, during which the Company discussed its unique position in a large global market, its strategy to capture opportunities across its three business segments, and its financial targets to drive attractive long-term shareholder returns.
  • Increased operating efficiencies and profitable growth are expected to contribute to annual adjusted EBITDA of $480 – 520 million by 2026.
  • “With a focus on generating improved shareholder returns, today we announced an updated financial outlook for increased operating efficiencies, profitability, and free cash flow,” stated Ira M. Birns, Executive Vice President and Chief Financial Officer.
  • This is a continuation of rebranding efforts begun in June 2023, when the Company changed its name from World Fuel Services Corporation to World Kinect Corporation and celebrated the occasion by ringing the NYSE closing bell .

World Kinect Corporation Announces Sale of the Avinode Group and Portfolio of Aviation Software Products for approximately $200 million

Retrieved on: 
Tuesday, March 12, 2024
Other Transport, Rail, Maritime, Air, Other Energy, Transport, Utilities, Oil, Gas, Logistics, Supply Chain Management, Alternative Energy, Energy, Hearst Communications, Webcast, FBO, Sale, Aviation, JW Marriott Essex House, WKC, Avinode Group

World Kinect Corporation (NYSE: WKC) announced today it has signed a definitive agreement to sell the Avinode Group, the world’s leading air charter sourcing platform, and its portfolio of aviation FBO software products to CAMP Systems International, Inc., a wholly owned subsidiary of Hearst, for approximately $200 million in cash.

Key Points: 
  • World Kinect Corporation (NYSE: WKC) announced today it has signed a definitive agreement to sell the Avinode Group, the world’s leading air charter sourcing platform, and its portfolio of aviation FBO software products to CAMP Systems International, Inc., a wholly owned subsidiary of Hearst, for approximately $200 million in cash.
  • “This sale represents another step in sharpening our portfolio, all while generating a solid return,” said Michael J. Kasbar, Chairman and Chief Executive Officer.
  • At the event, World Kinect leaders will also discuss the Company’s growth strategy and financial outlook, including medium-term financial targets to drive attractive long-term shareholder returns.
  • Participants can access the live webcast or participate in person by registering using the following link https://irday.worldkinect.com/registration .

Teledyne to Acquire Valeport

Retrieved on: 
Tuesday, March 12, 2024
Technology, Other Defense, Maritime, Engineering, Transport, Aerospace, Software, Manufacturing, Hardware, Defense, Temperature, TDY, Acoustics

Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that it has entered into an agreement to acquire Valeport Holdings Limited and its affiliates (“Valeport”).

Key Points: 
  • Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that it has entered into an agreement to acquire Valeport Holdings Limited and its affiliates (“Valeport”).
  • Valeport, founded in 1969 and headquartered in Totnes, United Kingdom, designs and manufactures underwater sensors for environmental, energy, construction and defense applications.
  • Valeport provides complementary underwater sensors including sound velocity probes, current and flow meters, and conductivity, temperature and depth sensors.
  • “We are delighted that Valeport will join Teledyne Marine and expand our technology offerings,” said George Bobb, President and Chief Operating Officer of Teledyne.

Yamaha Continues Support for Conch Republic Marine Army

Retrieved on: 
Tuesday, March 12, 2024
Environmental Health, Professional Services, Foundation, Philanthropy, Other Natural Resources, Natural Disasters, Sports, Natural Resources, Maritime, Powerboating, Other Philanthropy, Outdoors, Transport, Sustainability, Environmental, Social and Governance (ESG), Environment, Fishing, Health, U.S.A, Water resources, Volunteering, CRMA, USCG, Water quality, Yamaha Motor Company, Water, Multimedia, Marketing, Kerosene

Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.

Key Points: 
  • Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.
  • View the full release here: https://www.businesswire.com/news/home/20240312725755/en/
    Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.
  • "As the official outboard of Conch Republic Marine Army, Yamaha plays a key role in the restoration of the fragile marine habitats of the Florida Keys and allows us to continue hosting clean-up trips for thousands of volunteers who participate."
  • Yamaha’s U.S. Marine Business Unit, based in Kennesaw, Ga., is responsible for the sales, marketing, and distribution of Yamaha Marine products in the U.S. including Yamaha Outboards, Yamaha WaveRunners®, Yamaha Boats, G3® Boats and Skeeter® Boats.

Sharrow Marine Opens Preorders for Sharrow CX™ Propeller for Contra-Rotating Sterndrives and Outboards

Retrieved on: 
Tuesday, March 12, 2024
Engineering, Maritime, Sports, Transport, Manufacturing, Powerboating, Volvo, Marine, Contra, Mercury, CNC, LAB, Sharrow, Multimedia, Propeller

Sharrow Marine, the industry leader in innovative marine propulsion technology, announces the opening of preorders for the highly anticipated Sharrow CX™ Propeller for contra-rotating sterndrives and outboards, with estimated shipping in the Spring of 2026.

Key Points: 
  • Sharrow Marine, the industry leader in innovative marine propulsion technology, announces the opening of preorders for the highly anticipated Sharrow CX™ Propeller for contra-rotating sterndrives and outboards, with estimated shipping in the Spring of 2026.
  • The Sharrow CX Propeller is an extension of the patented and award-winning Sharrow Propeller lineup and brings the company’s innovative technology to contra-rotating applications.
  • “Since the day we announced the Sharrow Propeller to the market in 2020, the response from the boating community for a contra-rotating version of flagship design has been incredible, with many eagerly anticipating our expansion into this market sector,” said Founder and CEO of Sharrow Engineering and Sharrow Marine and inventor of the Sharrow™ Propeller, Greg Sharrow.
  • With our engineer-guided model selection process, each Sharrow Propeller is made to order, and our thorough fitting and testing procedures guarantee performance tailored precisely to your needs and preferences.

Enterprise 2023 Schedule K-1 Tax Packages Now Available

Retrieved on: 
Tuesday, March 12, 2024
Other Transport, Trucking, Maritime, Other Energy, Transport, Accounting, Oil, Gas, Professional Services, Energy, Logistics, Supply Chain Management, House, Tax, Partner, Congress, Natural gas, Partnership, EPD, NGL, Atlas, Senate, Representative

Enterprise Products Partners L.P. (NYSE: EPD) announced today that its 2023 tax packages, including schedule K-1s, are now available online.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) announced today that its 2023 tax packages, including schedule K-1s, are now available online.
  • Information reported on these tax packages could be subject to change given potential retroactive changes in tax law that are still being considered by Congress and the Biden administration.
  • The 2023 tax packages may be accessed through the K-1 Tax Package Support website, www.
  • The partnership expects to begin mailing the 2023 tax packages Wednesday, March 13, 2024 and complete mailing by Thursday, March 21, 2024.

Global Yacht Market Outlook 2024-2029: Emerging Players from Asia-Pacific Making Waves as Europe Holds the Dominant Spot - ResearchAndMarkets.com

Retrieved on: 
Monday, March 11, 2024
Maritime, Sports, Transport, Manufacturing, Yachting, Other Manufacturing, Culture, Growth, Name, Sunseeker, Perception, Romanticism, Small-waterplane-area twin hull, Burgess, SWATH, System, Ecosystem, USD, Ferretti Group, Engineering, Shipbuilding

The yacht market is marked by intense competition among global and regional players, each vying for a share in the lucrative luxury boating industry.

Key Points: 
  • The yacht market is marked by intense competition among global and regional players, each vying for a share in the lucrative luxury boating industry.
  • Europe holds the most prominent share of the global yacht market, accounting for over 35% in 2023.
  • With its vast maritime history, Europe boasts a captivating market defined by its coastlines and inclination for extravagant living standards.
  • Additionally, emerging players in the yacht industry from the Asia-Pacific region are making notable strides, adding a new dimension to the market's competitive dynamics.