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Repauno Port & Rail Terminal Announces Hank Alexander as Chief Executive Officer, .
Fortress Transportation and Infrastructure Investors LLCJanuary 21, 2021 GMT
GIBBSTOWN, N.J., Jan. 21, 2021 (GLOBE NEWSWIRE) Repauno Port & Rail Terminal, located along the Delaware River in Gibbstown, New Jersey, announced today that Harry J. (Hank) Alexander has been named Chief Executive Officer. In addition, the facility has successfully received and loaded its first Liquified Petroleum Gas marine vessel, utilizing a new state of the art rail-to-ship loading system. Repauno Port & Rail Terminal is a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI).
By Cirium2021-01-20T04:06:00+00:00
The pandemic has upended lessors’ market assumptions more than any crisis in the history of aviation, forcing them to reevaluate their approach to risk, an industry panel of lessors, lenders and remarketers has observed.
Ted O’Byrne, Carlyle Aviation Partners’ co-head of aviation, used to think about asset risk, financing risk and credit risk – “pretty much in that order” – but with the Covid-19 crisis things have now turned “completely upside down”.
Source: Wikimedia Commons
SpiceJet 737-800 in 2014
“First and foremost, discussions that we have when we originate transactions is: Who is the airline? Can they make it through the next six, 12, 18 months? Can they access capital? Can they shrink themselves to go through this crisis, and more importantly even, do they have relevance over the long term,” he says, speaking at a panel discussion at the Airline Economics Virtual Growth Frontiers Dublin event on 18 January.
Press Release Long Ridge Energy Terminal Partners with New Fortress Energy and GE to Transition Power Plant to Zero-Carbon Hydrogen October 13, 2020
HANNIBAL, OH (PRWEB) October 13, 2020 Long Ridge Energy Terminal (“Long Ridge”), located in Hannibal, Ohio, announced plans to transition its 485 MW combined-cycle power plant to run on carbon-free hydrogen. In collaboration with New Fortress Energy (“NFE”) and GE, Long Ridge intends to begin providing carbon-free power to customers as early as next year by blending hydrogen in the gas stream and transition the plant to be capable of burning 100% green hydrogen over the next decade.
With commercial operations planned for November 2021, Long Ridge will be the first purpose-built hydrogen-burning power plant in the United States and the first worldwide to blend hydrogen in a GE H-class gas turbine. The plant utilizes a GE 7HA.02 combustion turbine, which can burn between 15-20% hydrogen by volume in
By Lewis Harper2020-12-14T16:36:00+00:00
The European Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair, paving the way for the struggling airline’s sale.
The support is split between €106.7 million of restructuring aid and €30.2 million in government compensation for the impact of coronavirus. The majority of the former will be delivered via loans, although around €27 million comes from tax deferrals and credits.
The aid is part of a €300 million restructuring of the airline announced in late November, under which shareholders Intro Aviation and TUI Group will sell their interests to a consortium led by Eric Kourry and Patrick Vial-Collet.
Factbox-Projects to watch in the global push for hydrogen reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.