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Avengers: Age of Ultron

Avengers: India’s Favorite Superheroes

Of all the films and characters in the MCU, Indian audiences love The Avengers. While all the Marvel superhero movies generally do fantastic at…

Churails

Punchy, Wild, Haphazard and BRILLIANT!

LAHORE: In the early phase of the promotion of Asim Abbasi’s Cake, we saw some animated or abstract posters. Light colored inoffensive posters with…

SCIENCE & TECHNOLOGY

Avengers: Age of Ultron

Avengers: India’s Favorite Superheroes

Of all the films and characters in the MCU, Indian audiences love The Avengers. While all the Marvel superhero movies generally do fantastic at…

News from Pakistan

JAMSHORO map

Sindh, China Varsity sign MoU on research

JAMSHORO: Sindh University’s Area Study Centre (ASC) has inked a memorandum of understanding (MoU) with the Study Center for South Asia, Academy of Global Governance…

HEALTH NEWS

BUSINESS & ECONOMY

DHL decarbonizes all ‘less-than-container’ load shipments in Ocean Freight globally

DHL decarbonizes all ‘less-than-container’ load shipments in Ocean Freight globally

  • DHL Global Forwarding is the first logistics service
    provider to offer truly climate neutral ocean freight shipments without
    additional costs
  • Thanks to advanced biofuels, DHL Global Forwarding
    customers benefit from a reduction of their carbon footprint
  • Tim Scharwath, CEO DHL Global Forwarding, Freight: “Sustainable
    fuel solutions are a key lever to change the fuel mix and reduce carbon
    emissions in ocean freight.”

SINGAPORE – Media OutReach – 1 October 2020 – DHL Global Forwarding, the air and
ocean freight specialist of Deutsche Post DHL Group, will be neutralizing the
carbon emissions of all less-than-container load (LCL) ocean freight shipments from
January 1, 2021. As one of the leading ocean freight forwarders worldwide, and in
line with Deutsche Post DHL Group’s “Mission 2050 — Zero Emissions”, DHL is
committed to lead the transition to clean and sustainable sea freight
transport. The CO2 compensation for all LCL shipments will be achieved by using
maritime biofuels, utilizing existing and new partnerships.

 

“To fight
against climate change, the transport sector needs true decarbonization. For us
at DHL Global Forwarding, sustainable fuel solutions are the key lever to
change the fuel mix and ultimately reduce carbon emissions in ocean freight.
This is why we have taken the decision to neutralize the carbon emission of all
our LCL shipments. Even though we are in unprecedented times, due to the ongoing
pandemic, we have to make sure that climate protection and sustainability
efforts remain at the forefront”, comments Tim Scharwath, CEO DHL Global Forwarding,
Freight.

 

DHL Global
Forwarding’s new green service is not only another important milestone on
Deutsche Post DHL Group’s journey towards zero emission logistics, but also
helps customers reduce their carbon footprint. At no extra cost to the customer,
the heavy oil that would ordinarily be used is replaced with sustainable marine
biofuel onboard a preselected container vessel. In this way, true carbon
neutralization is achieved. The CO2-reduction benefits are allocated to the
customer. In addition, DHL Global Forwarding has a GoGreen carrier evaluation
program, which allows the freight forwarder to give preference to carriers with
strong environmental performance.

 

“The Asia
Pacific region plays a key role in global trade and is in a unique position to
advance the sustainability agenda in freight transportation. The introduction
of our decarbonization initiative is in line with the United Nation’s 2030
Agenda for Sustainable Development, which has been adopted by many countries in
the region, and we hope that our commitment will inspire other industry players
and customers alike to demand greener services to build a sustainable future.”
said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific. 

 

Deutsche
Post DHL Group has been exploring renewable fuels as an important lever to
minimize ocean freights’ impact on the environment. Key criteria in evaluating
the suitability of renewable fuels are that they are produced sustainably and
do not compete with other needs, for example with food production for land use.
Following strict sustainability standards, the waste-based biofuels must meet
the requirements to be qualified as the cleanest biofuels currently available
on the market.

 

Based on the principles “Burn Less, Burn Clean”, the
engagement within Deutsche Post DHL Group’s global GoGreen program also aims to
optimize the carbon efficiency of the company’s transport network, fleet, and
real estate.  This includes reducing energy consumption, increasing the use
of renewable energy sources and fuels, and optimizing transportation networks
as well as pick-up and delivery routing. Furthermore, transport subcontractors
are encouraged to acquire low-emission vehicles and employees are educated to
apply environmentally friendly thinking, through training and other activities.

 

Note to
editors:

For monthly
updates on the outlook for ocean freight or
insights into
trends that are dominating global trade, read more on DHL’s
Logistics of Things.

 

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL
divisions offer an unrivalled portfolio of logistics services ranging from
national and international parcel delivery, e-commerce shipping and fulfillment
solutions, international express, road, air and ocean transport to industrial
supply chain management. With about 380,000 employees in more than 220
countries and territories worldwide, DHL connects people and businesses
securely and reliably, enabling global sustainable trade flows. With specialized
solutions for growth markets and industries including technology, life sciences
and healthcare, engineering, manufacturing & energy, auto-mobility and
retail, DHL is decisively positioned as “The logistics company for the world”.

 

DHL is part of Deutsche
Post DHL Group. The Group generated revenues of more than 63 billion euros in
2019. With sustainable business practices and a commitment to society and the
environment, the Group makes a positive contribution to the world. Deutsche
Post DHL Group aims to achieve zero-emissions logistics by 2050.

2020 World Cleanup Day – Let’s Keep Taitung Beautiful

2020 World Cleanup Day – Let’s Keep Taitung Beautiful

TAITUNG,
TAIWAN – Media OutReach – 30 September 2020 – World Cleanup Day (WCD) is the global social
action volunteer program held in coordination with LET’S DO IT! on the 3rd
Saturday of every September to combat global waste. Since established in
Estonia in 2008, WCD has collected over 100,000 tons of trash worldwide.

2020 World Cleanup Day – Let’s Keep Taitung Beautiful

Magistrate
April Yao’s core values of pure, good, and beauty have motivated Taitung County
Government to participate in WCD since 2019. Taitung’s aid in this year’s event
differs from the previous because COVID 19 has greatly affected the island’s
east coast’s tourist population. The “Taiwan Model,” hailed globally
for successfully combating the pandemic, has allowed Taitung County to remain
free of the virus. While this influx of people flooding into Taitung has
brought flourishing domestic tourism, it also caused many local businesses and
public facilities alike to show signs of not appropriately coping with the
demands. Netizens have dubbed the phenomenon “retaliatory
tourism.”  

To
deal with the negative impacts the retaliatory tourism brings, Taitung is
promoting the concept of “responsible tourism” to raise public
awareness of environmental protection. Taitung County Environmental Protection
Bureau and the International Development and Planning Department led the
“2020 World Cleanup Day Series, Keep Taitung Beautiful” event. All 16
townships and municipalities partook in a series of cleanup events between 9/12
— 9/19, with local communities working in unison, including an underwater dive
cleanup on Green Island. This year’s events collected 7424 kg of trash and
2,479 kg of recycled waste. The 3,423 participants consisted of diverse
organizations ranging from all 91 Indigenous senior cultural health centers to
a plethora of private and public groups such as Fushan Fisheries Resources
Conservation Committee, Lions Clubs, B&Bs and many more. It is a true
testament to Magistrate Yao’s philosophy of “openness, integration &
innovation” with everyone working together towards a common goal. 

While
the influx of post-pandemic tourism brought Taitung economic gains, it also
brought excessive trash from visitors’ overflow, negatively impacting the
natural ecology. It’s crucial to educate Taitung’s visitors to be
“responsible tourists” in order to sustain a healthy ecology for all
to enjoy. If everyone does their small part, certainly a big difference can be
made. Magistrate Yao hopes that Taitung can continue to serve as a positive
inspiration to ease all the pandemic’s negativity. And one day, Taitung becomes
a place where locals and visitors take ecological preservation seriously,
allowing the counties’ beauty to shine far into the future.

Puxing Energy Completes the Acquisition of 100% of Equity Interests of Quzhou Puxing

Puxing Energy Completes the Acquisition of 100% of Equity Interests of Quzhou Puxing

HONG KONG, CHINA – Media OutReach – 30 September 2020  Puxing Energy Limited (“Puxing Energy” or the
“Company”, together with its subsidiaries, the “Group”; stock code: 00090), the
leading clean energy provider in Zhejiang Province, is pleased to announce that,
with reference to the share purchase agreement (“Share Purchase Agreement”) entered
into between Zhejiang Puxing Deneng Natural Gas Power Co., Ltd. (“Deneng Power
Plant”), an indirect wholly-owned subsidiary of the Company, and Shanghai
Pu-Xing Energy Limited in relation to the acquisition of 100% of the equity
interests of Quzhou Puxing Gas Turbine Thermal Power Co., Ltd. (“Quzhou Puxing”)
at a consideration of RMB333,398,965.29 (subject to adjustment) dated 6 May
2020, which such acquisition had been approved by the shareholders of the
Company on 30 July 2020, all the conditions precedent set out in the Share
Purchase Agreement had been fulfilled and the completion took place on 30 September 2020.

 

Upon the completion,
the Company holds 100% of the equity interests in Quzhou Puxing and Quzhou
Puxing becomes an indirect wholly-owned subsidiary of the Company. Accordingly,
the financial information of Quzhou Puxing will be consolidated into the
accounts of the Group.

 

As
disclosed in the circular of the Company dated 24 June 2020, the final amount
of the consideration for the acquisition is subject to adjustment based on the
net asset value of Quzhou Puxing in the completion audit report issued within
30 days after the completion date, minus the accumulated undistributed profit
of Quzhou Puxing as at 31 December 2019 (the “Adjusted Consideration”). Further
announcement will be issued by the Company upon
confirmation of the Adjusted Consideration.

 

Mr. Wei Junyong, Chairman of
Puxing Energy
,
concluded, “As an enterprise mainly engaging in development, operation and
management of natural gas-fired power plants in China, the completion of the
acquisition of Quzhou Puxing takes a solid step for Puxing Energy to expand and
strengthen its existing clean energy business, not only further expand its installed
and heating capacities, but also strengthen the Group’s presence and business
operation in Zhejiang Province, China, in order to boost its business
performance. In the future, the Group will continue to uphold the concept of ‘Energy+Technology’
on one hand and will keep on following up and
participating in the power market reforms in Zhejiang Province on the other
hand, so as to actively explore business development opportunities. The Group is dedicated to transforming
into an integrated energy supplier, enhancing growth potential in the long run
and maximizing benefits and returns to shareholders.”

 

About Puxing Energy

Puxing
Energy is a leading clean energy provider in Zhejiang Province. It is mainly
engaged in development, operation and management of natural gas-fired power
plants. Upon completion of the acquisition of Quzhou Puxing, the Group owns five
natural gas-fired power plants with a total installed capacity of approximately
688MW (including 731kW rooftop photovoltaic power generation facilities) and a
maximum heating capacity of approximately 360 tons per hour.

SPORTS NEWS