Category Archives: Oceania

Strong demand for retirement village units and aged care has driven up profit and revenue, Oceania Healthcare says.

Photo: 123rf

The company, which changed its balance date to 31 March, said the result for the 10-month period was $85.5 million, which was a turnaround from a loss of $13.6m in the previous year's 12-month period.

Revenue was $175.4m, with premium care revenue up 12 percent on the previous year's 12-month period ended May.

"Approximately 55 percent of our care portfolio is now premium beds or care suites, compared to 34 percent at the time of our IPO (initial public offer) in 2017," said chief executive Brent Pattison.

The company opened 217 units and care suites across three sites in the 10-month period.

"We have observed strong volumes of sales across both independent living apartments and villas, as well as our care suite products," Pattison said.

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Demand for aged care drives up Oceania Healthcare profits - RNZ

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The Oceania Healthcare Ltd (ASX: OCA) share price is edging lower today, down 1.5% trading at $1.25 at the time of writing.

Below we look at the latest results from the aged care facilities company, covering the 10-month period ending 31 March.

Why a 10-month reporting period this year?Because Oceania changed its balance date from 31 May to 31 March.

Oceanias share price is moving lower, despite the company reporting an 8% increase in unaudited underlying earnings before interest, tax, depreciation and amortisation (EBITDA).

Unaudited underlying EBITDA came in at $56.2 million, up from $52.1 million in the previous corresponding 10-month period.

The company also reported a 26% increase in sales volumes at its independent living apartments, villas and its care suites. Despite the COVID-19 headwinds, occupancy levels increased to 92.4%, up from 91.7% on the prior corresponding period.

During the 10-month reporting period, Oceania completed 217 units and care suites. The valuation of its total assets increased 22% to $1.9 billion. The company pointed to improved valuations following the initial COVID-related downgrades, as well as capital expenditures, for driving the increase.

Operating cash flow slipped to $96.0 million for the 10-month period, down from $99.4 million for the 12 months to 31 May 2020.

Oceania also completed a $100 million capital raise during the reported period, with a $20 million retail offer and an $80 million placement.

Oceania chair Liz Coutts advised that the board had declared a final dividend of 2.1 cents per share, unfranked. The record date is 8 June, and the dividend will be paid on 22 June. The company advised its dividend reinvestment plan will apply.

Commenting on the past 10 months of operations and the capital raise, Oceanias CEO Brent Pattison said:

We increased our investment in the business, demonstrating our commitment to building an even better future for Oceania, our residents, their families and our staff

Oceania is well positioned to leverage its established platform, with gearing under 25% as at 31 March 2021. We were delighted with the strong support from our existing and new shareholders for our highly successful and oversubscribed $100.0 million capital raise, comprising of a $80.0m placement and a $20.0m retail offer.

Oceania said it would use the money from the capital raise to acquire Waterford at Hobsonville Point in Auckland, New Zealand. Waterford is a retirement village comprising 64 independent living villas and 36 independent living apartments, and our leasehold site in Franklin (Auckland), together with adjacent bare land.

Oceania shares have gained 68% over the past 12 months. By comparison, the All Ordinaries Index(ASX: XAO) is up 29% since this time last year.

So far in 2021, however, the Oceania share price has headed in the other direction and is currently down 4%.

Originally posted here:

Whats going on with the Oceania (ASX:OCA) share price today? - The Motley Fool Australia

A total lunar eclipse coinciding with a supermoon will be visible in Australian skies on Wednesday night for the first time in more than three years.

The last total lunar eclipse, also known as a blood moon, was in January 2019, but one has not been visible in Australia since 2018.

A supermoon, such as last months pink moon, a more common phenomenon, takes place when the full moon occurs near the closest point in its orbit to Earth.

Wednesdays super blood moon, a combination of the two events, will be visible from the early evening in Australia. The last time this happened was in early 2018 when a blood moon and a super moon also coincided with a blue moon for the first time since 1866.

From 7.44pm in the eastern states and 5.44pm in Western Australia, the moon will slowly darken as it passes into the Earths shadow. The process will take more than an hour.

The totality the period it is completely in shadow will last for 14 minutes, beginning at 9.11pm AEST.

Though the Earth will block direct sunlight from reaching it, during a total eclipse the moon will appear a dim red-orange in colour.

Dr Brad Tucker, an astrophysicist from the Australian National University, said although the moon will be in Earths shadow, some sunlight still reaches it by skimming the Earths atmosphere.

Just as we get orangey-red sunrises and sunsets [on Earth] due to the composition of the atmosphere and the angle the light hits which we call refraction this same effect is seen in space, Tucker said.

The appearance of the moon would depend on the time and location it was being viewed from, he said.

Unlike solar eclipses, lunar eclipses are safe to look at, and visible with the naked eye without the need for any special equipment.

Tuckers advice for moon gazers who dont want to spend hours outside is to check it periodically throughout the evening.

If you stare at it for five minutes, it will look the same. If you look at it and then go back and look at it in a half-hour, it will look dramatically different, he said.

My advice is to see it a few times between 7.44pm and 9.11pm [AEST], really enjoy it between 9.11pm and 9.25pm, and then you can go to bed because it just fades away.

According to Tucker, supermoons coincide with total lunar eclipses once every four to five years. Statistically, one out of three or four total lunar eclipses will be a super blood moon, he said.

Supermoons occur more frequently usually three to four times per year.

Technically termed a perigee-syzygy, a supermoon is the result of the moons elliptic orbit around Earth. Wednesdays full moon will be roughly 48,000km closer to Earth than the farthest full moon of the year, which will take place in December. It will be 155km closer than last months supermoon.

While supermoons appear slightly larger and brighter in the sky, their appearance is not dramatically noticeable to the naked eye, said Tucker.

The super blood moon will be visible over all of Oceania, most of southeast Asia and the Americas.

If the skies arent clear in your local area, the celestial event will be livestreamed by the Virtual Telescope Project, as well as the European Space Agency, from their tracking station in New Norcia, Western Australia. Failing that, you could blast some Bonnie Tyler and call it a night.

ACT/NSW/TAS/VIC/QLD

Partial eclipse: 7.44pm

Totality: 9.11 to 9.25pm

Ends at: 10.52pm

NT/SA

Partial eclipse: 7.14pm

Totality: 8.41 to 8.55pm

Ends at: 10.22pm

WA

Partial eclipse: 5.44pm

Totality: 7.11 to 7.25pm

Ends at: 8.52pm

See the article here:

Total lunar eclipse 2021: when and how to view the super blood moon in Australia tonight - The Guardian

With many cruise lines announcing start ups this spring and summer, a number of lines are already back in service. Here's the latest:

Royal Caribbean International

Royal Caribbean was one of the first major cruise lines to resume service, with sailings in Asia. The Quantum of the Seas has been sailing from Singapore since December and is slated to continue to offer short cruises to local residents until October.

Globally, the company is also preparing several other vessels for restarts over the summer, with the Adventurer of the Seas reentering service from Bahamas next.

Region: Singapore and Bahamas

Ships currently in service: - Quantum of the Seas

Genting Cruise Lines

Genting is currently back in service with its Dream Cruises brand. One of the first cruise lines to restart service, it currently has one ship in service in Asia.

The World Dreamremains sailing on a program of short cruises from Singapore, which first started in November 2020.

Region: Asia Singapore

Ships currently in service: - World Dream

Nicko Cruises

Serving the German market, Nicko Cruises relaunched service on April 10. With the new World Navigator, the company is currently offering cruises to the Canaries. New itineraries to Portugals Madeira and Azores islands are in the plans for June.

Region: Europe Canaries, Madeira and Azores

Ships currently in service:- World Voyager

TUI Cruises

TUI Cruises resumed sailings in July 2020. The cruise line prepared two vessels to its return, offering cruises to nowhere from Hamburg and Kiel. A third ship was later added with cruises to Greece.

After several months sailing only in the Canaries, the brand is now expanding its itineraries again, offering cruises in Germany, Greece and the Mediterranean.

Region: Europe Canaries, Greece, Mediterranean and Germany

Ships currently in service: - Mein Schiff 2- Mein Schiff 5- Mein Schiff 1 (from May 23)

Hapag-Lloyd Cruises

After sailing in Northern Europe last summer, Hapag-Lloyd is currently offering cruises in the Eastern Mediterranean with the Europa 2.

The German cruise line is also planning the service resumption of the Hanseatic Inspiration, which should offer cruises in Northern Europe from May 29.

Region: Europe Mediterranean, Northern Europe and Norwegian Fjords

Ships currently in service: - Europa 2- Hanseatic Inspiration (from June 5)- Hanseatic Nature (June 15)

AIDA Cruises

Another German company expanding its restart plan, AIDA Cruises has been sailing in the Canaries since March 20.

Starting this month, the Carnival-owned brand is adding another two ships to service, offering cruises from Greece and Germany.

Region: Europe Canaries, Mediterranean, Greece and Germany

Ships currently in service:- AIDAperla- AIDAsol (from May 22)- AIDAblu (from May 23)

MSC Cruises

After pioneering the European restart back in August 2020, MSC Cruises currently has three ships in service in the Mediterranean and the United Kingdom. While the MSC Grandiosa has been sailing continuously since January, the MSC Seaside reentered service on May 1, and the new MSC Virtuosa debuted on May 20.

Another four ships are scheduled to follow in the coming weeks, offering itineraries in the Eastern Mediterranean and Northern Europe.

Region: Europe Mediterranean, UK and Northern Europe

Ships currently in service: - MSC Grandiosa - MSC Seaside - MSC Virtuosa - MSC Orchestra (from June 5)- MSC Splendida (from June 12)- MSC Seaview (from June 19)- MSC Magnifica (from June 20)

Costa Cruises

Costa Cruises welcomed passengers back on May 1, with the Costa Smeralda in Western Italy. More recently, the Italian brand added the Costa Luminosa to the lineup, offering cruises in the Western Mediterranean.

Region: Western and Eastern Mediterranean

Ships currently in service:- Costa Smeralda - Costa Luminosa - Costa Deliziosa (from June 26)

Viking Cruises

Viking is currently sailing in the United Kingdom, with the new Viking Venus. The luxury cruise line is also planning to add another two ships to service next month, with sailings to Bermuda and Iceland.

Region: United Kingdom, Bermuda and Iceland

Ships currently in service:- Viking Venus - Viking Orion (from June 15)- Viking Sky (from June 26)

American Cruise Lines

American Cruise Lines restarted operations inMarch, with a cruise on the U.S. East Coast on the 100-guest Independence.

The small ship cruise line added ten vessels into service offering cruises on the Mississippi River, in the Pacific Northwest and more.

Region: USA Domestic and Coastal Waters

Ships currently in service:- Independence - American Jazz- American Star- Queen of the Mississippi - America - American Constitution - American Song - American Harmony - American Pride - American Constellation- Queen of the West (from May 22) - American Spirit (from June 5)

American Queen Steamboat Company

Offering river cruises in the United States, American Queen Steamboat Company has had two ships in service since March. The new American Countess was the latest addition to the operational fleet, after a christening ceremony in New Orleans.

Region: USA Domestic Waters

Ships currently in service:- American Countess - American Duchess- American Empress (from May 23)- American Queen (from June 6)

Aranui

Offering a service that mixes cargo shipping and cruising, Aranui Cruises has been sailing since July 2020. The line operates a single vessel, the 230-guest Aranui 5.

Region: Oceania - South Pacific

Ships currently in service:- Aranui 5

Coral Expeditions

Coral Expeditions restarted sailing in October, with the 75-guest Coral Discoverer. Later, the Australia-based cruise line added two other ships to the lineup, including the newbuild Coral Geographer.

Region: Oceania - Australia

Ships currently in service:- Coral Discoverer - Coral Adventurer- Coral Geographer

True North Cruises

Specializing in adventure cruises, True North Cruises was among the first companies to resume service in July 2020. Currently, the True North is offering domestic sailings in Australias Kimberley region.

Region: Oceania - Australia

Ships currently in service:- True North

Mitsui OSK

The 600-guest Nippon Maru returned to service in November, after several months laid up. The Japanese ship is now offering short sailings to Japanese guests.

Region: Asia Japan

Ships currently in service:- Nippon Maru

Metropolitan Touring

Metropolitan Touring is back in service, offering expedition cruises to the Galapagos Island. The Ecuadorian brand operates a three-ship fleet that includes the 40-guest Isabella II, which relaunched service for the company back in August.

Region: South America The Galapagos

Ships currently in service:- La Pinta

Variety Cruises

Variety Cruises restarted operations in May with its signature eight-day itinerary Jewels of the Cyclades aboard the Galileo. The company is also heading back to the Seychelles, with the Pegasos soon entering service on the destination.

Region: Mediterranean and Seychelles

Ships currently in service:- Galileo - Pegasos (from June 19)

UnCruise Adventures

One of the first companies to restart service in Alaska, UnCruise Adventures currently has four ships sailing in the region.

Region: North America Alaska

Ships currently in service:- Safari Quest- The Legacy - Wilderness Discoverer - Wilderness Explorer

Continue reading here:

Here Are The Cruise Lines Actually Operating Right Now - Cruise Industry News

HUHTAMKI OYJ PRESS RELEASE 27.5.2021 AT 08:00

Huhtamaki invests in new fiber packaging capacity in South Africa

Huhtamaki, a global key advanced manufacturer of sustainable packaging solutions, is setting up a new manufacturing unit in KwaZulu-Natal in South Africa to serve its existing and new egg packaging customers in the KwaZulu-Natal area with a broad range of locally produced packaging solutions. The new facility will be located close to one of South Africas main export ports, enabling competitive exports of egg packaging for customers across East Africa.

The addition of a unit in KwaZulu-Natal is an important addition to our fiber packaging footprint in South Africa not only providing efficiencies in our service to customers in South Africa but an additional benefit in terms of proximity to a major port which will drive access to markets across East Africa. The new facility sets us up to better meet the growth of the fiber packaging sector and future demand for sustainable packaging. It also strengthens our position in the region significantly, says Eric Le Lay, President, Fiber Foodservice Europe-Asia-Oceania.

This investment underlines Huhtamakis strong commitment to the growing customer base in South Africa and East Africa, as the addition of several new lines allow a significant increase in capacity. Manufacturing operations are expected to begin during the fourth quarter in 2021 and the facility is expected to employ approximately 30 employees when fully operational.

Huhtamaki has operated in South Africa since 2000. The company currently employs approximately 530 people across four manufacturing units and manufactures fiber packaging for eggs and fruits, foodservice packaging, and flexible packaging. Huhtamaki South Africa has a level 4 rating in the B-BBEE (Broad-Based Black Economic Empowerment) program.

For further information, please contact:Calle Loikkanen, Head of Investor Relations and Financial Communications, tel. +358 10686 7125Katariina Hietaranta, Head of Media Relations, tel. +358 10686 7863

HUHTAMKI OYJGlobal Communications

About HuhtamakiHuhtamaki is a key global provider of sustainable packaging solutions for consumers around the world, enabling wellbeing and convenience. Our innovative products protect on-the-go and on-the-shelf food and beverages, ensuring hygiene and safety, and help prevent food waste. We embed sustainability in everything we do. We are committed to achieving carbon neutral production and designing all our products to be recyclable, compostable or reusable by 2030.

We are a participant in the UN Global Compact and as of 2020, we received an MSCI ESG Rating of A, on a scale of AAA CCC. To play our part in managing climate change, we have committed to set science-based targets through the Science Based Targets initiative. Huhtamaki has been awarded the Silver medal by EcoVadis for performance in sustainability.

With 100 years of history and a strong Nordic heritage we operate in 36 countries and 81 sites around the world. Our values Care Dare Deliver guide our decisions and help our team of 18,1200 employees make a difference where it matters. Our 2020 net sales totaled EUR 3.3 billion. Huhtamaki Group is headquartered in Espoo, Finland and our parent company, Huhtamki Oyj, is listed on Nasdaq Helsinki Ltd. Find out more about how we are protecting food, people and the planet on http://www.huhtamaki.com.

Read more from the original source:

Huhtamaki invests in new fiber packaging capacity in South Africa - GlobeNewswire

Fact MR: The rising demand for effective treatment of male pattern baldness will have a positive impact on the global finasteride market. Besides this, the increasing use of finasteride as an oral medication in the treatment of benign prostate hyperplasia will create growth opportunities, finds Fact MR in a new study.

According to the Asian Journal of Urology, the prevalence of benign prostate hyperplasia increases with age after 40 years and varies from 8% - 60% at the age of 90 years. Considering this, rising geriatric population will fuel the demand for finasteride in the coming years.

According to the British Association of Urological Surgeons Limited (BAUS), the prevalence rate of benign prostate hyperplasia is estimated to be 42% for men aged 51 to 60 years.

Finasteride is a drug used to treat benign prostatic hyperplasia (BPH) that causes prostate enlargement in males. Hair loss is often caused by the disorder. Proscar and Propecia are two brand names for finasteride.

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Finasteride usage has increased significantly in Europe, where consumers exhibit higher focus on physical appearance. Besides this, China has emerged as a key market. Availability of finasteride drugs at a lower cause has helped the China market to gain competitive edge. Also, the expansion of the pharmaceutical sector will drive growth in the country.

The pandemic is expected to have a significant impact on the global finasteride market. Restrictions implemented to contain COVID-19 has halted the production of drugs and have created disruption in supply chain activities. Restrictions on import-export also have significantly impacted the global finasteride market.

"Market players are focusing on mergers and the acquisitions to gain competitive advantage. They are also investing in development of bio-pharmaceuticals, which will create opportunities for into finasteride market expansion," said a Fact MR analyst.

Key takeaways:

Prominent drivers:

Key restraints:

Competitive Landscape:

Key players in the finasteride market are adopting various strategies to increase their revenue share. For instance:

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Other key players operating in the market are:

More Insights on the Global Finasteride Market:

Fact MR, in its new offering, brings to fore an unbiased analysis and global industry analysis of the global finasteride market presenting historical demand data (2016-2020) and forecast statistics for the period (2021-2031). The study divulges compelling insights on the sterilants market with a detailed segmentation based on drug dose (1mg, 5mg), indication (benign prostatic hyperplasia (bph), male pattern baldness, hormone replacement therapy), and distribution channel (institutional sales, hospitals, specialty clinics, research institutes, retail sales, retail pharmacies, online pharmacies) across the regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)

Key Questions Covered in the Report

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Prostate Cancer Diagnostics Market: A recent report by Fact.MR provides an in-depth analysis about the global prostate cancer diagnostics market for the assessment period from 2017 to 2027. The reports primary objective is to provide information and updates pertaining to growth opportunities in the global market for inflammatory skin disease treatment.

Non-metastatic Castration-Resistant Prostate Cancer (nmCRPC) Therapeutics Market: The scope of this Fact.MRs report is to analyze the global Non-metastatic Castration-Resistant Prostate Cancer (nmCRPC) Therapeutics Market for the upcoming forecast period, and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global nmCRPC therapeutics market can benefit from the analysis offered in this report.

Lung Cancer Diagnostics Market: A recent study by Fact.MR on the lung cancer diagnostics market offers a forecast from 2017 to 2022. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of lung cancer diagnostics.

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Market research and consulting agency with a difference! Thats why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and well be an able research partner.

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Finasteride Market Will Expand as Demand for Effective Benign Prostate Hyperplasia Treatment Rises: Fact MR Study - BioSpace

Friday marked the 24th birthday of the Star Alliance, the oldest airline alliance in the world. Founded in 1997, the alliance has remained the biggest in the world, both by passengers carried and the number of members. Lets find out how the Star Alliance has grown and dominated for over two decades.

The Star Alliance was founded on May 14th, 1997, by a group of five leading airlines: United, Lufthansa, Air Canada, SAS, and Thai Airways. The goal of the alliance was simple: to create a single network for passengers to be able to travel globally from any major city. Unlike previous joint-ventures or codeshare agreements, the Star Alliance would offer unprecedented choices to global travelers.

The five-pointed silver star on a black background was chosen as the logo of the alliance to represent the five founding carriers. While membership has since grown much larger, the symbol has become synonymous with the alliance. Carriers also paint the livery on the tail on select aircraft and the words across the fuselage.

The formation of the Star Alliance was a huge coup for the airlines. Never before had five global airlines come together to offer such deep integration. Travelers could seamlessly fly from New York to Copenhagen to Bangkok without breaking the journey once or picking up their bags. However, this was only the beginning of a unique two decades.

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Despite the reach of the five founding airlines, the Star Alliance had some noticeable gaps in regions like Africa, South America, and Oceania. However, the group quickly got working on inducting new members to increase its reach. In September 1997, the now-defunct Brazilian carrier VARIG joined the alliance. VARIGs entry opened up destinations in its home continent and beyond, including Africa and the Caribbean.

Similar moves were made in Oceania, where Air New Zealand and Ansett Australia joined the Star Alliance to provide connectivity in the Pacific. The two additions were notable since competitor Qantas had joined the newly-made oneworld alliance as a founder in 1998.

However, perhaps the most notable new members came from Asia, where the Star Alliance became a powerhouse. In 1999, Japans rapidly growing ANA became the second Asian airline to join the alliance.

Just one year later, Singapore Airlines joined the Star Alliance, raising connectivity in the continent dramatically. This latest joining did ruffle some feathers, with Thai reportedly considering exiting the alliance and jumping to oneworld.However, both carriers remained, putting the Star Alliance in pole position to dominate the growing Asian market.

The early 2000s saw many changes for the Star Alliance. The 9/11 attacks in 2001 resulted in deep losses for the industry and bankruptcy of some airlines in the next few years. Carriers like Ansett exited due to bankruptcy, boostingoneworld in Oceania instead (thanks to founder Qantas). In 2006, VARIG went out of business too, severing Star Alliances link to South America as well.

However, despite these setbacks and more competition (SkyTeam was formed in 2000), the alliance pushed on with adding new carriers. Austrian (then not a part of the Lufthansa Group) joined in 2000 along with British Midland Airways a few months later. This set up Europe as a battleground, with London Heathrow featuring two competing alliances.

Across the Atlantic, United, American, and Delta were all battling for supremacy as well. The formers decision to form the Star Alliance triggered the latter two to form their own alliances, creating the current landscape of aviation. The early 2000s were marked by all three alliances trying to grow their route maps and memberships to outcompete each other.

Through the last 24 years, Star Alliance has remained the worlds largest airline alliance with its focus on connectivity. The groups official hub is Frankfurt Airport, the home of Lufthansa and a crucial connecting point for many members. However, nearly every major city globally now features a Star Alliance presence, bringing the alliance closer to its ultimate goal.

For travelers, the Star Alliance presented an excellent opportunity. In addition to the larger route map, passengers could redeem their airlines across dozens of airlines. This meant not being tied down to a single airline for redeeming those hard-earned miles. While each airline values miles differently, most allow partner bookings with relative ease.

However, the alliances membership has not slowed in the last decade, even though the process has become harder. The alliance made big strides in South America with the joining of TAM and Avianca, boosting once-lost connectivity. In Africa, the inductions of Ethiopian Airlines and South African Airways made the alliance a formidable foe.

More hub airlines like Turkish Airlines also joined in 2008, adding more routes. However, the last decade marked the entry of connecting airlines, which were subsidiaries of existing members. This opened up connectivity to smaller destinations and expanded the alliances reach from major cities to destinations globally.

In 2019, the Star Alliance carried a massive 762 million passengers with over 19,000 daily departures to 195 countries. This was made possible with the membership of 26 airlines, which are:

While the pandemic has shaken up the members of the Star Alliance, it seems unlikely to go anywhere. The coming years will likely see more members join and leave the alliance as it adapts to the post-pandemic future. However, expect the group to maintain its leading position for years to come.

What do you think about the history of the Star Alliance? What is your favorite airline alliance? Let us know in the comments!

Original post:

24 Years Of The Star Alliance: How It Has Grown And Thrived - Simple Flying

Tuesday, 18 May 2021, 4:04 pmPress Release: Letsplay.live

Australasias leading esports media and tournamentprovider LetsPlay.Livehave partnered with MotorSport New Zealand and the NewZealand Esports Federation to help find the nations firstsim-racing motorsport Olympian.

Announced earlier thisyear by the International Olympic Committee, the OlympicVirtual Series invites budding esports athletes to representtheir country in medalled events for several differentgames, including motor-sim title GT Sport. New Zealanderswill have the opportunity to qualify for the Oceanic spot inthe Olympic Virtual Series Motor Sport Event both in-personat SkyCity or online from Thursday 13thMay.

Its incredibly exciting to seemotorsport and sim-racing being recognised as a medalledsport by the Olympic Committee, says MotorSport NewZealands CEO Elton Goonan. MotorSport New Zealand havealways been advocates for esports as part of the motorsportecosystem and are looking forward to being able to giveKiwis the opportunity to represent New Zealand and Oceaniaon a global stage.

Ben Lenihan,President of the New Zealand Esports Federation, agrees withthis sentiment. For years esports at the Olympics hasbeen a hot topic, and its fantastic to see this now cometo life as an official Olympic event. This decision by theIOC further solidifies esports competitive legitimacy andthe NZESF are ecstatic to be able to offer such ahigh-stakes global pathway for Kiwi motor-simathletes.

LetsPlay.Live are honoured to onceagain be partnering with the NZESF and MotorSport NewZealand, especially for an incredible opportunity such asthe Olympic Virtual Series, says Duane Mutu, ManagingDIrector of LetsPlay.Live. Kiwis hold fond memories ofthe Olympics so it is exciting to see the evolution intovirtual sports, allowing a new generation ofathletes.

From 7 - 10am on Friday 21st May, Kiwiesports athletes can race on the qualifying track and car atSkyCity Atrium, Auckland. One racing sim will be open forfree-play, with the other open to anyone who wants to take ashot at matching or beating the current fastest qualifiedtime for an Oceania racer.

Alternatively, racersoutside of Auckland are able to submit a qualifying timeusing the Toyota GR Supra Racing Concept and racing on theTokyo Expressway South Inner Loop. The Global OnlineQualifiers will be available in the Gran Turismo Sport gamefrom Thursday 13 May 2021 at 7:00pm until Monday 24 May 20212:59am, with the Time Trial able to be entered from withinthe 'Sport' mode of GTSport.

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Be New Zealand's First Esports Olympian Thanks To MotorSport New Zealand And LetsPlay.Live - Scoop.co.nz

The construction equipment attachment market size is poised to expand 1.3X in terms of value, and is foreseen to progress at a CAGR of 2.4% during the forecast period (2020 to 2030). Construction equipment is a specially built machine used to carry out construction operations along with attachments that allow the base machine to perform a variety of tasks on a job site. Different construction equipment attachments are used for different functions across industries such as construction, mining, agriculture and forestry, manufacturing, etc., for variety of jobs, depending on the work at hand.

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Construction Equipment Attachment Market Insights by Attachment

The most popular category in the construction equipment attachment market is compact track loaders, with the largest market share. Skid steers are the second-most attractive equipment, and are anticipated to experience healthy growth by 2020. Various equipment types involve different types of attachments, depending on the type of equipment used. There are several types of attachments such as augers, hammers, buckets, blades, dozer dozers, and pallet forks, among others, available in the construction equipment attachment market.

Manufacturers are investing significantly in research & development of new attachments that have high strength, durability, and increase the efficiency ofconstruction equipment. Increasing adoption of automation in construction machines has led to demand for advanced attachment tools that reduce operational costs and increase worker safety.

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Buckets are the most common attachment segment across all equipment machines, which includeskid steer loaders, compact track loaders, mini excavators, and telescopic handlers. Buckets have a range of applications, including digging, removal, cleaning, etc. Buckets are a must for a wide range of jobs, and account for the highest share of all equipment attachments available on the market.

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The Construction Equipment Attachment market report answers important questions which include:

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Construction Equipment Attachment Market: Asia and Oceania together are estimated to account for 45% Forecast 2020 to 2030 The Courier - The Courier

From Kaffeklubben Island in the north to Berkner Island in the south, tens of thousands of islands are scattered around the globe. Most of these islands occur naturally in the seas and oceans, while a few islands like Funaafou Island (Malaita, Solomon Islands) are artificial islands. Some islands have relatively flat terrain, while others are rugged and characterized by hills and mountains.

Most islands' terrain depends on their origin or formation process. Some islands, mostly of volcanic origin, tend to be taller and much bigger than coral islands. Islands are also some of the highest points in the oceans or seas. In this case, an islands height is determined by the summit of the highest point above sea level. Therefore, an island is as tall as its tallest peak and not its average elevation.

Although Greenland is the worlds largest island by area, it is only the 11th tallest island with Gunnbjrn Fjeld rising 3,724 m as the tallest point. New Guinea, the worlds second-largest island, holds the title of the tallest island. The island is shared by Indonesia in the west and Papua New Guinea in the east. New Guinea hosts some of the tallest tropical and volcanic peaks in the Pacific. At 5,030 m, Puncak Jaya is the islands tallest mountain and the world's highest island peak, making New Guinea the Earth's highest island. The tropical mountain, located in Western New Guinea (Indonesia), can also be considered Oceanias highest peak although Indonesia is regarded as being part of both Oceania and Asia.

Mount Everest, located on the China-Nepal border, is often cited as the worlds tallest mountain. However, it is only the tallest fully visible mountain or above-sea level tallest mountain. Mauna Kea, located on Hawaii Island, is the worlds highest mountain from base to peak. Although it stands at 4,207 m above sea level, it sinks about 6 km below sea level. Mauna Kea makes Hawaii Island the worlds second-highest island and the highest in North America.

The Southern Ocean, also known as the Antarctic Ocean, contains the worlds southernmost islands. Although Berkner Island is the southernmost island, it is not the oceans tallest island. Ross Island, located in the Ross Sea, is the highest southernmost island. It comprises four volcanoes, including Erebus, the worlds southernmost active volcano, at 3,794 meters above sea level. Erebus is Antarcticas second-highest volcano, after the dormant Mount Sidley, and makes Ross Island the worlds 6th highest island.

Although most of the worlds highest islands are located in the Pacific Ocean, some of these significantly tall islands are also scattered in other oceans. Besides the Southern Oceans Ross Island, Tenerife is also one of the ten highest islands. Tenerife is one of the Canary Islands located in the Atlantic Ocean. It is home to Teide, Spains highest point and also the Atlantics highest point above sea level, at 3,715 m. However, it measures 7,500 m from the ocean floor to its peak, making it the worlds third highest volcano. Teides height makes Tenerife the worlds tenth highest island.

More here:

Highest Islands In The World - World Atlas