Daily Archives: 18, November 2024

EIB Supports €1 Billion Laakso Joint Hospital Project in Helsinki with €100 Million Initial Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release

Maersk Halifax Becomes Industry’s First Large Vessel Converted to Dual-Fuel Methanol Operation

(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release

Alstom Completes Cavite Extension of Manila’s LRT-1, Boosting Urban Mobility in the Philippines

(IN BRIEF) Alstom has completed the Cavite Extension of Manila’s Light Rail Transit Line 1 (LRT-1), marking its first fully integrated metro project in the Philippines. The 6.2-kilometer extension, with five new stations, reduces travel time between Baclaran and Bacoor … Read the full press release

Barco Unveils Cutting-Edge Simulation Projectors at I/ITSEC 2024, Highlighting Versatile Training Solutions

(IN BRIEF) Barco is set to showcase its latest advancements in simulation projection technology at I/ITSEC 2024 in Orlando, Florida. The company will debut two new projectors—the entry-level I600, offering 4K UHD resolution at 120 Hz, and the high-end F400-N4K, … Read the full press release

Repurposing Drugs to Tackle Antimicrobial Resistance: Insights from University of Helsinki Research

(IN BRIEF) In his doctoral research at the University of Helsinki, Matej Zore demonstrated the potential of repurposing the drugs fingolimod and etrasimod, originally developed for autoimmune diseases, to combat antimicrobial resistance (AMR). These drugs showed notable efficacy against drug-resistant … Read the full press release

TUM Researchers Harness Nature’s Rhythms to Revolutionize Robotic Efficiency

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a tool that enables robots to replicate the energy-efficient movement patterns of humans and animals. By leveraging “intrinsic dynamics,” the natural oscillations that make human and animal motion … Read the full press release

Fugro Launches €50 Million Share Buyback Programme to Strengthen Capital Structure

(IN BRIEF) Fugro has announced a €50 million share buyback programme to optimize its capital structure by reducing share capital and offsetting dilution from recently matured convertible bonds. Enabled by strong cash flow and a disciplined capital allocation strategy, the … Read the full press release