Light aircraft carrier

Vietravel Airlines Honored as Asia's Leading Leisure Airline for Travel Experience

Retrieved on: 
Thursday, September 7, 2023

HO CHI MINH CITY, Vietnam, Sept. 7, 2023 /PRNewswire/ -- Vietravel Airlines was honored as Asia's Leading Leisure Airline 2023 for Travel Experience at the World Travel Awards 2023 (WTA 2023) Gala Ceremony held in Vietnam.

Key Points: 
  • HO CHI MINH CITY, Vietnam, Sept. 7, 2023 /PRNewswire/ -- Vietravel Airlines was honored as Asia's Leading Leisure Airline 2023 for Travel Experience at the World Travel Awards 2023 (WTA 2023) Gala Ceremony held in Vietnam.
  • As the first touring airline in Vietnam, Vietravel Airlines was born with the mission of "Connecting": connecting people with people, connecting people with destinations, connecting cultures, and connecting Vietnam with the world.
  • Vu Duc Bien, the General Director of Vietravel Airlines, said: "We are proud to receive the award for Asia's Leading Leisure Airline for Travel Experience 2023 at the World Travel Awards Gala Night for the second year in a row.
  • This award recognizes the hard work and dedication of Vietravel Airlines - The first touring airline in Vietnam that strives to connect people, places, and cultures.

Mitsubishi Shipbuilding Receives Order for 12 Units of LNG Fuel Gas Supply System (FGSS)

Retrieved on: 
Thursday, July 13, 2023

TOKYO, July 13, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, has received orders from Imabari Shipbuilding Co., Ltd. for 12 units of its Fuel Gas Supply System (FGSS)(1), a liquefied natural gas (LNG) fuel gas supply system for high-pressure dual-fuel marine engines.

Key Points: 
  • TOKYO, July 13, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, has received orders from Imabari Shipbuilding Co., Ltd. for 12 units of its Fuel Gas Supply System (FGSS)(1), a liquefied natural gas (LNG) fuel gas supply system for high-pressure dual-fuel marine engines.
  • Mitsubishi Shipbuilding previously received the first order for FGSS for LNG-fueled car carriers from Imabari Group in 2021(2), and this is the first order for FGSS for LNG-fueled bulk carriers.
  • With those new orders, Mitsubishi Shipbuilding will supply a total 18 units (15 car carriers and 3 bulk carriers) to Imabari Shipbuilding, including 2 units already delivered.
  • (1) See the following pamphlet for details on Mitsubishi Shipbuilding's FGSS:
    (2) See the following press release for details on the 2021 order from Imabari Shipbuilding for FGSS units for six LNG-fueled car carriers:

Lynx Air Announces New US Sun Destinations from Toronto and Montréal

Retrieved on: 
Thursday, July 6, 2023

Lynx launched operations to the US earlier this year and already offers routes from Calgary to Los Angeles, Phoenix, and Las Vegas, and from Toronto to Orlando.

Key Points: 
  • Lynx launched operations to the US earlier this year and already offers routes from Calgary to Los Angeles, Phoenix, and Las Vegas, and from Toronto to Orlando.
  • We are thrilled to be offering an ultra-affordable option connecting Eastern Canada to three of the most popular sun destinations in the Western United States,” said Merren McArthur, CEO of Lynx.
  • “Lynx Air will be the only Ultra Low-Cost Carrier to serve these routes, and we are excited to make these destinations more accessible to travellers from the Toronto and Montréal region.
  • By choosing Lynx, Canadians can save on the journey and spend more at their sun-soaked destination.”

Scott's Cheap Flights Announces Rebrand to Going

Retrieved on: 
Wednesday, January 11, 2023

PORTLAND, Ore., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Scott's Cheap Flights, a travel service that has saved its 2+ million members more than $500 million on flights, has officially rebranded to Going .

Key Points: 
  • PORTLAND, Ore., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Scott's Cheap Flights, a travel service that has saved its 2+ million members more than $500 million on flights, has officially rebranded to Going .
  • Going began as a modest hobby after founder Scott Keyes uncovered a $130 roundtrip ticket from NYC to Milan in 2013.
  • With the company growing beyond just Scott and beyond just cheap flights, the timing was right for a rebrand.
  • No more "Scott's Cheap Travels" or "Steve's Cheap Flights."

Global Marine Grease Market Report 2022 to 2027: Industry Trends, Share, Size, Growth, Opportunities and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 29, 2022

It facilitates siding and rolling motion and is manufactured by blending mineral oils with asphaltic oils and soap or bio-based materials.

Key Points: 
  • It facilitates siding and rolling motion and is manufactured by blending mineral oils with asphaltic oils and soap or bio-based materials.
  • Some commonly used marine greases include engine, hydraulic, compressors, slideways, gear, heat transfer and turbine oils.
  • Significant growth in the shipping industry across the globe is one of the key factors creating a positive outlook for the market.
  • The publisher provides an analysis of the key trends in each sub-segment of the global marine grease market report, along with forecasts at the global, regional and country level from 2022-2027.

Power Knot Ocean Expands Offices Globally to Meet Maritime Demand for Food Waste Biodigesters

Retrieved on: 
Tuesday, November 29, 2022

FREMONT, Calif., Nov. 29, 2022 /PRNewswire/ --Power Knot Ocean, the market leader for onboard organic waste management solutions in the marine environment, announced today that it expanded offices globally to meet the growing demand for food waste biodigesters.

Key Points: 
  • FREMONT, Calif., Nov. 29, 2022 /PRNewswire/ --Power Knot Ocean, the market leader for onboard organic waste management solutions in the marine environment, announced today that it expanded offices globally to meet the growing demand for food waste biodigesters.
  • Demand for the LFC biodigester and other Power Knot Ocean solutions have skyrocketed over the last few years due to stricter regulations around sustainability, food waste, and plastic pollution.
  • Power Knot Ocean's food waste biodigesters meet MARPOL and DOJ requirements for the proper disposal of food waste and the prevention of plastic pollution in the ocean.
  • "Over the last few years Power Knot Ocean has successfully delivered hundreds of the LFC biodigesters to the maritime industry," said Iain Milnes, President at Power Knot.

Global Wide-Body Aircraft Market Report 2022: Strategies & Plans for Aircraft OEMs, Size, Competitive Landscape & Market Shares, Trends & Growth Opportunities - Outlook & Forecasts through 2041 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 23, 2022

The "Global Wide-Body Aircraft Market - 2022-2041 - Market Size, Competitive Landscape & Market Shares, Strategies & Plans for Aircraft OEMs, Trends & Growth Opportunities, Market Outlook & Forecast through 2041" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Wide-Body Aircraft Market - 2022-2041 - Market Size, Competitive Landscape & Market Shares, Strategies & Plans for Aircraft OEMs, Trends & Growth Opportunities, Market Outlook & Forecast through 2041" report has been added to ResearchAndMarkets.com's offering.
  • The report would be indispensable for those having strategic interest & stakes in the Global Commercial Aircraft Market.
  • How is the Global Wide-Body Aircraft Market split across players, in terms, of Market Shares?
  • Which are the Key Industry, Market & Technology Trends likely to Shape the Future of Commercial Aviation?

 ACIA Aero Leasing and IPR Conversions to Convert Three ATR 72-600 Aircraft

Retrieved on: 
Wednesday, September 28, 2022

ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, and IPR Conversions (Switzerland) Limited (IPRC), a Supplemental Type Certificate (STC) holder for the conversion of ATR 42 and ATR 72 aircraft into freighters, announced today that the companies agreed to jointly convert a fleet of three ATR 72-600 aircraft into freighters.

Key Points: 
  • ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, and IPR Conversions (Switzerland) Limited (IPRC), a Supplemental Type Certificate (STC) holder for the conversion of ATR 42 and ATR 72 aircraft into freighters, announced today that the companies agreed to jointly convert a fleet of three ATR 72-600 aircraft into freighters.
  • Leveraging ACIA and IPRCs track record of conversions across the entire ATR 72 regional aircraft family, this latest commitment will involve two ATR 72-600 Large Cargo Door (LCD) and one ATR 72-600 Bulk Freighter Cargo (BFC) conversions, further expanding both companies freighter portfolios.
  • Now is the perfect time to start converting ATR 72-600 aircraft, asserted ACIA Aero Leasing CEO Mick Mooney.
  • http://empireaerospace.com / www.empireairlines.com
    ACIA Aero Leasing (ACIA), a 100% subsidiary of the ACIA Aero Capital group (ACIA group), is a leading regional aircraft lessor with offices in Ireland, Mauritius, France, Canada, and South Africa.

Marine Engine Market To Reach USD 18.09 Billion By 2030, Registering A CAGR of 4.7% - Valuates Reports

Retrieved on: 
Wednesday, May 18, 2022

The global marine engine market was valued at USD 11.62 billion in 2020 and is projected to reach USD 18.09 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Key Points: 
  • The global marine engine market was valued at USD 11.62 billion in 2020 and is projected to reach USD 18.09 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030.
  • In contrast, the increased adoption of dual-fuel marine engines and advancements in engine technology are expected to provide lucrative growth opportunities for market participants.
  • Thus the increase in seaborne trade is expected to drive the growth of the marine engine market during the forecast period.
  • Based on fuel type, the heavy fuel oil segment is expected to lead the marine engine market during the forecast period.

Nordic American Tankers Ltd (NYSE: NAT) – two six-year Time Charters concluded for Suezmax New Buildings. Top line contribution of more than $100 million from two ships.

Retrieved on: 
Wednesday, February 9, 2022

The time charter rates concluded will secure a stable revenue stream over the six years, and generate an aggregate revenue of more than USD 100 million during these charters.

Key Points: 
  • The time charter rates concluded will secure a stable revenue stream over the six years, and generate an aggregate revenue of more than USD 100 million during these charters.
  • The cumulative cash flow, after operating expenses, from these contracts will equal in excess of 60 percent of the original price of the vessels.
  • Mr Herbjorn Hansson of Nordic American Tankers commented:
    Our business is expanding in the Middle East, which is an important area for our operations.
  • Upon delivery of the two new-buildings, NAT will have a number of its vessels on long term charters.