Saturday 5 December 2020

FL Technics acquires Wright International

FL Technics, a global provider of aircraft maintenance, repair and overhaul (MRO) services, has acquired Wright International, a leading independent provider of line maintenance services in Canada.    For FL Technics as well as its parent company Avia Solut


Floating power plant market to surpass $565bn by 2030

In terms of revenue, the global floating power plant market is estimated to expand at a CAGR of 6.5% and touch $565 billion by 2030, according to Transparency Market Research (TMR).   This is owing to numerous factors, regarding which TMR offers thorough insight


Covid vaccine to generate 65,000T of airfreight

The global rollout of a vaccine for Covid-19 will generate 65,000 tons of airfreight, which is five times the air vaccine trade in 2019, according to Accenture’s Seabury Consulting, a provider of expert information to the aviation industry. Additionally, according to the In


Airbus to put spotlight on 5G-ready tech at Gitex

Airbus is to showcase its mission- and business-critical, 5G-enabled hybrid devices and solutions at this year’s Gitex Technology Week in Dubai which takes place from December 6 to 10.    The global technology event will be the first held in-person si


Bahrain, Israel identify areas of cooperation

Bahrain and Israel have discussed aspects of joint cooperation in the fields of trade, investment and tourism between the two countries.   The two sides highlighted the expected opportunities in these important sectors, focusing on how to activate the memoranda


Installed base of connected tanks to reach 16.3m in 2024

The global installed base of active remote tank monitoring (RTM) solutions reached 3.6 million units at the end of 2019, according to a new research report from the IoT analyst firm Berg Insight.    Growing at a compound annual growth rate (CAGR) of 35.1%,


Cooperative Logistics Network surpasses 300 members

The Cooperative Logistics Network, the first international freight forwarding network with global coverage to launch instant quoting ability for its members, has set a new coverage record by adding its 300th agent.    One major factor contributing to this g


Sabic launches two new pharmaceutical grades

Sabic, a global leader in the chemical industry, has developed and launched two specialty grades for use in healthcare and hygiene applications to meet customers’ needs through innovative solutions. The company’s innovative polyethylene glycol SAPEG 400/600 PH are int


NDT Global wins health and safety award

NDT Global was successfully shortlisted alongside leading organisations in the global energy sector, and thereafter won the Energy Institute's Health and Safety Award for 2020.    The award recognises companies who demonstrate best practice in safety, a


Record Year for domestic robot sale

Some 30.4 million household robots are forecast to be sold worldwide in 2020, according to the Federal Statistical Office.    About 16.3 million such robots were sold in 2018, resulting in an increase of 86.5%. This is shown in a new infographic from Krypto

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