KUALA LUMPUR, Feb 19 -- Unisys Corporation, a global information technology company has announced its cargo industry director, Niranjan Navaratnarajah will present at the Air Cargo India conference on Feb 26 in Mumbai.
He will discuss why a fundamental cultural change is essential for the air cargo industry to remain nimble, economically viable and combat escalating physical and data security threats.
“In the increasingly competitive air cargo industry, the whole ecosystem spanning airlines, warehouses, freight forwarders, booking agents, customs and road/rail transport must accelerate its digital transformation to be more efficient and remain economically viable,” said Navaratnarajah.
“Some players have made great strides in adopting new technologies, from online marketplaces, to IoT and drones. However, for most of the industry, a fundamental cultural change is required to evolve and create a truly connected supply chain.”
Navaratnarajah has cited three areas where cultural change was required in air cargo, namely, make inventory visible across multiple sales channels to create new business models, focus on both data and physical security, and respond to market demand for specialised cargo.
Reducing shipment dwell time in warehouses is key to improving efficiency. Smarter processes in the warehouse are a first step, but the industry also needs to develop new channels to market.
Unisys has more than 55 years of experience providing innovative IT solutions to the travel and transportation industry. Its cargo solutions are used by many of the world's leading carriers, who collaborate via the Unisys Cargo User Group.
More details at www.unisys.com.
-- BERNAMA
Friday, February 21, 2020
SuperCryptoNews, Roostoo launch paper trading competition with Bitcoin rewards
KUALA LUMPUR, Feb 20 -- SuperCryptoNews, Asia’s leading blockchain and cryptocurrency media, has officially partnered with Roostoo to launch a paper trading competition that rewards actual Bitcoin (BTC) to the top traders at the end of the competition.
According to a statement, users - for the first time - can expect to win up to 0.5 BTC and more in a trading competition in which no capital is required.
Besides the initial reward of 0.5 BTC, the reward pool grows as more participants join the competition.
“We have decided to launch this simulated trading competition with pre-allocated capital to incentivise everyone to explore trading in cryptocurrencies with no risk. At the same time, they could also win actual prizes in cryptocurrency,” said SuperCryptoNews’ managing editor, Varut Vanichayakosol.
“We hope that this would be the first step to introducing digital assets trading to new users and letting them know that they do not have to be afraid of exploring it.”
The competition will run from March 7 to April 5 while registration will begin on Feb 24 (GMT+8) at https://www.supercryptonews.com/
-- BERNAMA
According to a statement, users - for the first time - can expect to win up to 0.5 BTC and more in a trading competition in which no capital is required.
Besides the initial reward of 0.5 BTC, the reward pool grows as more participants join the competition.
“We have decided to launch this simulated trading competition with pre-allocated capital to incentivise everyone to explore trading in cryptocurrencies with no risk. At the same time, they could also win actual prizes in cryptocurrency,” said SuperCryptoNews’ managing editor, Varut Vanichayakosol.
“We hope that this would be the first step to introducing digital assets trading to new users and letting them know that they do not have to be afraid of exploring it.”
The competition will run from March 7 to April 5 while registration will begin on Feb 24 (GMT+8) at https://www.supercryptonews.com/
-- BERNAMA
Tuesday, February 18, 2020
GIP announces Hillbrook Partners' team participation
KUALA LUMPUR, Feb 14 -- Global Infrastructure Partners (GIP) has announced that Hillbrook Partners’ team, including its founding partners Charles Roast and Justin Symonds, have joined GIP in London.
They will focus on infrastructure investments in the transportation sector, according to a statement.
“We are pleased that Charles, Justin and their team are joining GIP as we continue to invest in our best in class team,” said GIP chairman and managing partner, Bayo Ogunlesi.
“Their expertise and experience in the Transport industry will further enhance GIP’s capabilities as we identify opportunities to deliver attractive returns for our investors by investing in and managing high-quality infrastructure assets in the sector.”
Hillbrook Partners, which was formed in 2013 has provided independent mergers and acquisitions advice to its clients, with a particular focus on investments in transport assets including airports, ports, rail and road infrastructure.
Speaking about the move, Hillbrook’s founding partners commented: “We have enjoyed working with our clients on a variety of interesting and complex transport transactions and we believe our move to GIP will enable us to work with them in new and different ways.”
GIP is a leading independent global infrastructure investor. More details at www.global-infra.com.
-- BERNAMA
They will focus on infrastructure investments in the transportation sector, according to a statement.
“We are pleased that Charles, Justin and their team are joining GIP as we continue to invest in our best in class team,” said GIP chairman and managing partner, Bayo Ogunlesi.
“Their expertise and experience in the Transport industry will further enhance GIP’s capabilities as we identify opportunities to deliver attractive returns for our investors by investing in and managing high-quality infrastructure assets in the sector.”
Hillbrook Partners, which was formed in 2013 has provided independent mergers and acquisitions advice to its clients, with a particular focus on investments in transport assets including airports, ports, rail and road infrastructure.
Speaking about the move, Hillbrook’s founding partners commented: “We have enjoyed working with our clients on a variety of interesting and complex transport transactions and we believe our move to GIP will enable us to work with them in new and different ways.”
GIP is a leading independent global infrastructure investor. More details at www.global-infra.com.
-- BERNAMA
Thursday, February 13, 2020
Oerlikon Metco among best places to work in Singapore
KUALA LUMPUR, Feb 12 -- Oerlikon Metco’s Singapore office, a global leading surface and materials solutions provider has been recognised as one of the best places to work in Singapore for 2019, according to the annual workplace research programme.
“We are incredibly proud to be recognised as a great place to work. This recognition is particularly meaningful because it is testament to our continual efforts in creating an inclusive environment that fosters respect for each person’s unique talents, ideas and contributions,” said Regional Head of Sales APAC for Oerlikon Metco Singapore, Rakesh Pawar.
Best Places to Work program is an international programme providing employers in different countries the opportunity to learn more about the engagement and satisfaction of their employees and honour those who deliver an outstanding work experience.
Companies making the list are recognised for their organisation’s culture, leadership and management, well-being, compensation and benefits along with exceptional human resources programmes and forward-thinking workplace policies.
Oerlikon Metco Singapore has introduced new and innovative tools to help employees grow their career, grow the company and feel empowered to contribute their very best every day, aiming to remove workplace barriers and cultivate diversity and inclusion culture.
“This recognition reflects the engagement and the leadership of the team members who drive the commitment to being one of the best places to work in Singapore,” said Program Manager for Singapore, Grace Kelly.
More details https://www.bestplacestoworkfor.org.
-- BERNAMA
“We are incredibly proud to be recognised as a great place to work. This recognition is particularly meaningful because it is testament to our continual efforts in creating an inclusive environment that fosters respect for each person’s unique talents, ideas and contributions,” said Regional Head of Sales APAC for Oerlikon Metco Singapore, Rakesh Pawar.
Best Places to Work program is an international programme providing employers in different countries the opportunity to learn more about the engagement and satisfaction of their employees and honour those who deliver an outstanding work experience.
Companies making the list are recognised for their organisation’s culture, leadership and management, well-being, compensation and benefits along with exceptional human resources programmes and forward-thinking workplace policies.
Oerlikon Metco Singapore has introduced new and innovative tools to help employees grow their career, grow the company and feel empowered to contribute their very best every day, aiming to remove workplace barriers and cultivate diversity and inclusion culture.
“This recognition reflects the engagement and the leadership of the team members who drive the commitment to being one of the best places to work in Singapore,” said Program Manager for Singapore, Grace Kelly.
More details https://www.bestplacestoworkfor.org.
-- BERNAMA
Wednesday, February 12, 2020
AeroVironment seals US$8.5 million contract for US Central Command Ally
KUALA LUMPUR, Feb 11 -- AeroVironment Inc, a global leader in unmanned aircraft systems (UAS) has received a US$8,584,734 firm-fixed-price United States (US) Department of Defense Foreign Military Sales contract. (US$1 = RM4.13)
Announced at the Singapore Airshow, the contract was awarded on Dec 17, 2019 to provide Puma™ 3 All Environment (AE) UAS, training and support to an allied nation. Delivery is anticipated by June.
According to AeroVironment vice-president (sales and business development), Rick Pedigo, customers in the US and worldwide deploy AeroVironment’s rugged family of tactical UAS including Puma, to provide forces the actionable intelligence needed to proceed with certainty in a broad range of operating environments.
The AeroVironment Puma 3 AE is a fully man-portable UAS designed for land and maritime operations. The hand-launched Puma 3 AE has a wingspan of 9.2 feet (2.8 metres) and weighs 15 pounds (6.8 kilograms), according to a statement.
Capable of landing in water or on land, the all-environment Puma, with its Mantis i45 sensor suite empowers the operator with extended flight time and a level of imaging capability never before available in the small UAS class.
More details at www.avinc.com.
-- BERNAMA
Sunday, February 2, 2020
AG&P expands low CAPEX solutions to meet cleaner fuel demands
 |
| With Kanfer Shipping, AG&P has added a patented ATB, used for breaking bulk cargoes of LNG, to its suite of lower capital solutions. The shallow-draft vessel efficiently transports LNG to and from an FSU, FSRU, LNGC or land-based LNG terminals and delivers LNG to drop-points on islands, up rivers and along coasts. (Photo : Business Wire) |
KUALA LUMPUR, Jan 29 -- Responding to growing global demand for cleaner and cheaper fuel, Atlantic Gulf and Pacific (AG&P) has expanded its portfolio of proprietary technologies for small-scale bunker vessels and LNG-to-power barges.
In the past year, the global downstream gas and LNG logistics company and majority-owned GAS Entec have been awarded contracts for key LNG components.
It includes Japan’s first LNG bunker vessel, Asia’s largest bunker vessel that will operate in Singapore and multiple LNG carrier (LNGC) conversions to floating storage and regasification units to be deployed in Africa and to power electricity grids in different markets.
“Our integrated, low CAPEX solutions drive down LNG equipment and transport costs, which not only reduce overall project costs, but has the potential to lower the delivered cost of LNG per MMBTU for the customer,” said Gas Entec chief executive officer, Chong-Ho Kwak.
AG&P vice-president (business development), Nishant Sharma commented: “To meet the needs of project owners and investors, solutions must be scalable to minimise surplus capacity and enable investment to match market growth.
“To sustain demand creation, producers of LNG must also be able to access smaller and more dispersed categories of consumers, bypassing the major intermediaries.”
Anticipating these market changes, in November 2019 AG&P acquired a minority stake in Norway-based Kanfer Shipping, adding a state-of-the-art, proprietary LNG articulated tug barge to its suite of cost-optimised solutions.
In addition, AG&P is building a significant fleet of LNG tankers that deliver LNG from terminals to industrial, power, commercial and LNG/CNG stations, while also providing on-site equipment to its customers.
More details at https://www.agpglobal.com.
-- BERNAMA
Thursday, January 30, 2020
Japan´s Meiji Yasuda has superior Credit Ratings - AM Best
KUALA LUMPUR, Jan 28 -- AM Best has affirmed the Financial Strength Rating of A+ (superior) and the Long-Term Issuer Credit Rating of ‘aa-’ of Meiji Yasuda Life Insurance Company (Meiji Yasuda) Japan.
The stable outlook of these Credit Ratings reflects Meiji Yasuda’s balance sheet strength, which AM Best categorised as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
Meiji Yasuda’s balance sheet strength assessment reflects its risk-adjusted capitalisation, which is at the strongest level, as measured by Best’s Capital Adequacy Ratio, according to a statement.
Although the high common stock exposure suggests the company’s balance sheet may be exposed to considerable equity price risk, AM Best considers Meiji Yasuda’s relatively large adjusted capital base adequate to absorb this risk.
The company has maintained a consistently positive operating performance, supported by stable premium income and strong base profit. In fiscal-year 2018, it posted a record high base profit of JPY 589.6 billion (US$5.3 billion) for its domestic life insurance business. (US$1 = RM4.08)
Meiji Yasuda is one of the leading life insurance companies in Japan in terms of annualised net premium and has held a lead position in the group insurance market for a long period of time.
The stable outlooks reflect AM Best’s expectation that Meiji Yasuda will maintain a strong and consistent operating performance, supported by an in-force book of business, which will generate favourable returns on embedded value and uphold a stable economic solvency ratio over the mid to long term.
More details at www.ambest.com.
-- BERNAMA
The stable outlook of these Credit Ratings reflects Meiji Yasuda’s balance sheet strength, which AM Best categorised as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
Meiji Yasuda’s balance sheet strength assessment reflects its risk-adjusted capitalisation, which is at the strongest level, as measured by Best’s Capital Adequacy Ratio, according to a statement.
Although the high common stock exposure suggests the company’s balance sheet may be exposed to considerable equity price risk, AM Best considers Meiji Yasuda’s relatively large adjusted capital base adequate to absorb this risk.
The company has maintained a consistently positive operating performance, supported by stable premium income and strong base profit. In fiscal-year 2018, it posted a record high base profit of JPY 589.6 billion (US$5.3 billion) for its domestic life insurance business. (US$1 = RM4.08)
Meiji Yasuda is one of the leading life insurance companies in Japan in terms of annualised net premium and has held a lead position in the group insurance market for a long period of time.
The stable outlooks reflect AM Best’s expectation that Meiji Yasuda will maintain a strong and consistent operating performance, supported by an in-force book of business, which will generate favourable returns on embedded value and uphold a stable economic solvency ratio over the mid to long term.
More details at www.ambest.com.
-- BERNAMA
Subscribe to:
Posts (Atom)