STS

DP World: Solidifying South America’s Central Role in Enabling Trade Across the Americas

Retrieved on: 
Tuesday, September 26, 2023

At nearly 400m in length and with 186,000 tons of capacity, the vessel is the largest container vessel to dock in either nation’s waters, highlighting the role of DP World’s terminals in enabling efficient, sustainable regional trade and the West Coast of South America’s growth as a global trade hub.

Key Points: 
  • At nearly 400m in length and with 186,000 tons of capacity, the vessel is the largest container vessel to dock in either nation’s waters, highlighting the role of DP World’s terminals in enabling efficient, sustainable regional trade and the West Coast of South America’s growth as a global trade hub.
  • As the sole terminals in Ecuador and Peru equipped to accommodate ships of this size, DP World’s operations are playing a pivotal role in reshaping South America’s trade dynamics.
  • The operation of mega ships can significantly enhance both efficiency and sustainability in maritime trade in part by accelerating the development of trade hubs.
  • DP World’s continued commitment to enhancing the region's trade capability is evident in its $400 million investment to expand the South Terminal.

ESMA provides overview of EU securitisation markets

Retrieved on: 
Tuesday, September 26, 2023

ESMA provides overview of EU securitisation markets

Key Points: 
  • ESMA provides overview of EU securitisation markets
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes a study setting out the details of the EU securitisation market.
  • At end-2022, there were 390 individual securitised products outstanding in the EU as reported to the registered securitisation repositories, amounting to EUR 540bn.
  • These securitisations fulfil a various set of predetermined requirements to help investors identify high-quality securitisations and thus foster EU securitisation markets.
  • This article is based on the data ESMA receives under Regulation (EU) 2017/2402 (Securitisation Regulation, or SECR), and on data from the ESMA register of Simple, Transparent and Standardised securitisation (STS) securitisations.

Visit ProMRO, Maintenance Repair Overhaul (MRO) Software Provider at Aviation Week's Digital Transformation Summit

Retrieved on: 
Tuesday, September 26, 2023

ARLINGTON, Texas, Sept. 26, 2023 /PRNewswire-PRWeb/ -- The ProMRO team is proud to announce our sponsorship of the Aviation Week Network's Digital Transformation Summit in Seattle, WA on October 3-4, 2023. This event is a fantastic opportunity to discover the numerous advantages of ProMRO, our cutting-edge maintenance, repair, overhaul aviation software. As the creators and providers of ProMRO, we are eager to connect with you and gain valuable insights into your MRO business challenges, enabling us to offer practical and effective solutions.

Key Points: 
  • STS are leaders in the MRO industry because they automate business processes with solutions like ProMRO Aviation.
  • ProMRO Aviation enables STS to meet the ever-increasing needs of the extremely complex aerospace industry.
  • The company operates in the U.S., UK, Canada, Mexico, and Ireland with over 40 locations and continues to grow!
  • This is just one example of the many requirements addressed with the ProMRO Aviation solution integrated with Acumatica Cloud ERP.

Bay-Houston Towing Announces Purchase of Port Arthur and Lake Charles Operations From Seabulk

Retrieved on: 
Monday, September 25, 2023

Bay-Houston Towing Co. (“Bay- Houston”), a Houston-based provider of harbor tug services, announced today the signing of a definitive agreement to purchase Seabulk Towing Services, Inc. (“STS”) from Seabulk Towing Holdings Inc. (“Seabulk”), a subsidiary of Seacor Holdings Inc.

Key Points: 
  • Bay-Houston Towing Co. (“Bay- Houston”), a Houston-based provider of harbor tug services, announced today the signing of a definitive agreement to purchase Seabulk Towing Services, Inc. (“STS”) from Seabulk Towing Holdings Inc. (“Seabulk”), a subsidiary of Seacor Holdings Inc.
  • Upon closing of the transaction, Bay-Houston will acquire all of Seabulk’s operations in Port Arthur, Texas, and Lake Charles, Louisiana.
  • “We have admired Seabulk for many years, and Bay-Houston is delighted to expand its operations to two important, high-growth ports.
  • “Bay-Houston is an industry leader supported by many decades of safe and reliable operations,” said Eric Fabrikant, Chief Executive Officer of SEACOR Holdings.

Moleculin Announces Completion of Enrollment in U.S. Phase 1B/2 Clinical Trial Evaluating Annamycin for the Treatment of Soft Tissue Sarcoma Lung Metastases (MB107)

Retrieved on: 
Thursday, September 21, 2023

HOUSTON, Sept. 21, 2023 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (Moleculin or the Company), a clinical stage pharmaceutical company with a growing pipeline, including Phase 2 clinical programs, for hard-to-treat cancers and viruses, today announced the completion of enrollment in the Phase 2 portion of the Company's U.S. Phase 1B/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases (MB107). Subjects who had stable disease at time of study discontinuation will continue to be followed for progression free response and overall survival.

Key Points: 
  • Phase 1B/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases (MB107).
  • Subjects who had stable disease at time of study discontinuation will continue to be followed for progression free response and overall survival.
  • "The completion of enrollment for our MB107 study marks an important milestone for our STS clinical development program.
  • Phase 1B/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases (MB107) visit clinicaltrials.gov and reference identified NCT04887298.

DEPARTMENT OF THE ARMY AWARDS NOBLIS MSD $58 MILLION CONTRACT

Retrieved on: 
Thursday, September 14, 2023

Reston, Va., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Noblis MSD, a Noblis subsidiary and leading provider of science, technology and engineering services to the Department of Defense, today announced that it has been awarded a five-year indefinite-delivery, indefinite-quantity contract with a ceiling value of $58 million to provide System Technical Support (STS) services to Product Manager Army Watercraft Systems (PdM AWS).

Key Points: 
  • Reston, Va., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Noblis MSD, a Noblis subsidiary and leading provider of science, technology and engineering services to the Department of Defense, today announced that it has been awarded a five-year indefinite-delivery, indefinite-quantity contract with a ceiling value of $58 million to provide System Technical Support (STS) services to Product Manager Army Watercraft Systems (PdM AWS).
  • The contract was awarded on July 26, 2023.
  • Under this contract, Noblis MSD will provide engineering services for design, safety, quality assurance and integrated logistics—and help manage the overall program, training and documentation.
  • “Noblis MSD is honored to be chosen again to help advance the Army mission in this area, where we offer an outstanding depth of experience,” said Mile Corrigan , Noblis’ president and chief executive officer.

Intensity Therapeutics Receives Orphan Drug Designation for the three key ingredients in INT230-6 for the Treatment of Soft Tissue Sarcoma

Retrieved on: 
Thursday, September 7, 2023

"The designation of cisplatin, vinblastine and our diffusion enhancer, SHAO for orphan status for STS is quite important," said Lewis H. Bender President and CEO.

Key Points: 
  • "The designation of cisplatin, vinblastine and our diffusion enhancer, SHAO for orphan status for STS is quite important," said Lewis H. Bender President and CEO.
  • An FDA condition to obtain orphan drug designation was for the Company to provide a scientific rationale in its application with sufficient data to establish a medically plausible basis for expecting the drug to be effective in STS.
  • The Company submitted clinical data including immune activation results in sarcoma patients.
  • Data also reported at ASCO showed that INT230-6 when delivered locally led to a systemic immune response in several sarcoma subtypes that are considered to be non-immunogenic cancers.

Avelo Airlines Hits the Jackpot Opening its Newest Base of Operations in Las Vegas with Six Nonstop Routes

Retrieved on: 
Thursday, September 7, 2023

Avelo Airlines Founder, Chairman and CEO Andrew Levy said, "As they say, What Happens in Vegas, Can Only Happen in Vegas, and that makes Las Vegas a winning bet for our sixth base.

Key Points: 
  • Avelo Airlines Founder, Chairman and CEO Andrew Levy said, "As they say, What Happens in Vegas, Can Only Happen in Vegas, and that makes Las Vegas a winning bet for our sixth base.
  • The new flights, destinations and jobs our new base enables hits the jackpot for Las Vegas, Avelo and, most importantly, our Customers."
  • At Avelo, Levy is joined by other former Allegiant leaders, including Chief Operating Officer Greg Baden who hosted today's opening ceremony at LAS.
  • Avelo this week inaugurates three new routes and expands another, with two more routes beginning in mid-September and early-October.

Avelo Airlines Flies its First One Million Customers at its Los Angeles / Burbank Base

Retrieved on: 
Friday, September 1, 2023

This week, Avelo also surpassed carrying three million Customers systemwide since the airline's debut.

Key Points: 
  • This week, Avelo also surpassed carrying three million Customers systemwide since the airline's debut.
  • Avelo Airlines CEO and Founder Andrew Levy said, "From the start, Avelo has been on a mission to Inspire Travel by making flying affordable and easy so that our Customers can travel more.
  • I appreciate our L.A. Customers for choosing Avelo and our BUR-based Crewmembers for making Avelo the easy way to 13 popular nonstop destinations."
  • In addition to offering Customers everyday low fares on every route, Avelo Customers can always change or cancel their itineraries with no extra fees.

Strong Technical Services and STRONG/MDI Screen Systems Formalize Partnership with Powersoft to Further Extend Immersive Audio/Visual Experiences

Retrieved on: 
Thursday, August 24, 2023

The partnership includes the resale, integration, and installation of Powersoft products, supported by STS, as well as the enhancement of STRONG/MDI’s Seismos Immersive Product line with the implementation of Powersoft’s Mover Direct Drive.

Key Points: 
  • The partnership includes the resale, integration, and installation of Powersoft products, supported by STS, as well as the enhancement of STRONG/MDI’s Seismos Immersive Product line with the implementation of Powersoft’s Mover Direct Drive.
  • The product at the heart of the partnership is Powersoft's Mover Direct Drive.
  • This innovative technology brings a unique and immersive dimension to the audio experience, making it more tangible and participatory.
  • “The Mover Direct Drive allows audiences to not just hear, but also feel a part of and participate in the audio experience.