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Month: January 2023

Expense Management Market Size Worth USD 12.05 billion by 2029 | Report by Fortune Business Insights

According to Fortune Business Insights, the Expense Management Market size is projected to reach USD 12.05 billion by 2029, at a CAGR of 9.2% during the forecast period, 2022-2029 Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — The global expense management market size 2023 was valued at USD 6.04 billion in 2021 and USD 6.51 billion in 2022. The market is expected to reach USD 12.05 billion by 2029 with a CAGR of 9.2% during the forecast period. Rising demand for cost-effective telecommunication services is expected to propel the market course in a growing direction. The rising adoption of mobile devices and technological advancements in Telecom Expense Management (TEM) is expected to facilitate market development. Fortune Business Insights™ shares this information in its report titled “Expense Management Market Forecast,...

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STEP Energy Services Announces Capital Spending and Balance Sheet Update as Well as Commentary on Fourth Quarter 2022 Activity and a Strong First Quarter 2023 Outlook

CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to provide an update on its approved 2023 capital spending plan against a backdrop of continued progress on debt reduction. STEP also announces an update to fourth quarter 2022 activity levels as well as an outlook for a very strong first quarter of 2023. “STEP has just completed the best year in its corporate history as measured by revenues and Adjusted EBITDA. Our professionals and equipment were ready for the increased demand from our clients and I’m extremely proud of how STEP and the North American oil and gas industry contributed to global energy security,” said Steve Glanville, President, and CEO. “We look forward to 2023 with a lot of confidence in our future and it shows in our approved 2023 capital budget....

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Toys Market to Hit USD 230.64 Billion by 2028 | Industry to Generate 7.30% CAGR during (2021-2028)

Companies covered in Toys Market are Ravensburger Holding GmbH & Co. KG (Ravensburg, Germany), Spin Master (Toronto, Canada), MGA Entertainment Inc. (California, U.S.), PAI Partners (Paris, France), Nintendo Co. Ltd. (Kyoto, Japan), Radio Flyer (Illinois, U.S.), L. Lindsay & Company (New South Wales, Australia), Artsana Group (Grandate, Italy), K’Nex Industries Inc. (Pennsylvania, U.S.), Lego System A/S (Billund, Denmark), Hasbro Inc. (Rhode Island, U.S.), Mattel Inc. (California, U.S.), and more players profiled. Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global toys market size is projected to reach USD 230.64 billion by 2028, exhibiting a 7.30% CAGR during the forecast period. The market stood at USD 129.45 billion in 2020. Increasing demand for brain training cubes and...

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AI Camera Market Size worth USD 20.91 Billion by 2029 | Analysis by Fortune Business Insights

As per the report by Fortune Business Insights, the AI Camera Market size is projected to reach USD 20.91 Billion in 2029, at a CAGR of 14.2% during the forecast period, 2022-2029 Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — The global AI Camera Market Size was valued at USD 7.52 billion in 2021 and USD 8.26 billion in 2022. The market is expected to reach USD 20.91 billion by 2029 with a CAGR of 14.2% during the forecast period. Rise in demand for technically advanced surveillance systems is predicted to boost the demand for artificial intelligence cameras. Growing interest in higher-quality smartphone surveillance cameras is set to drive market growth. Integration of advanced digital technologies, such as AI, IoT, and others, is anticipated to offer market with various opportunities for growth. Fortune Business Insights™...

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Hydrogel Dressing Market Size Hit USD 894.5 Million by 2028 | Analysis by Fortune Business Insights

According to Fortune Business Insights, The global Hydrogel Dressing Market size is expected to reach USD 894.5 million by 2028, exhibiting a CAGR of 5.1% during the forecast period. The market size stood at USD 622.2 million in 2020. Growing Cognizance about the Advantages of Hydrogel Dressings to Incite Development Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — The global Hydrogel Dressing Market size is expected to reach USD 894.5 million by 2028, exhibiting a CAGR of 5.1% during the forecast period. The growing cases of diabetic foot ulcers and pressure ulcers will create lucrative opportunities for the market in the forthcoming years, states Fortune Business Insights in a report titled, “Hydrogel Dressing Market, 2021-2028.” The market size stood at USD 622.2 million in 2020. Get Sample PDF Brochure:https://www.fortunebusinessinsights.com/enquiry/sample/hydrogel-dressing-market-106252Hydrogel...

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DHT Holdings, Inc. announces $305 million financing

HAMILTON, BERMUDA, January 9, 2023 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announces a new $305 million secured credit facility. It is in line with the “DHT-style financing” including a six-year tenor and a 20-year repayment profile. The new facility will bear interest at a rate equal to Secured Overnight Financing Rate (SOFR) plus a margin of 1.90%, including the historical Credit Adjustment Spread (CAS) of 26 basis points. The cost of the facility compares to a Libor equivalent margin of 164 basis points, representing a reduction in the Company’s borrowing cost. The new facility will refinance the outstanding amount on the current ABN Amro credit facility and be secured by 10 of the Company’s VLCCs. ING and Nordea are acting as joint coordinators and bookrunners with ING, Nordea, Crédit Agricole, Danish Ship...

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Calcium Oxide Market to Worth USD 49.17 Billion by 2029 | At a CAGR of 2.7% (2022-2029)

Key companies covered in calcium oxide market are Mississippi Calcium Oxide Company (U.S.), United States Calcium Oxide & Minerals Inc. (U.S.), Afrimat (South Africa), Linwood Mining & Minerals Corporation (U.S.), Minerals Technologies, Inc. (U.S.), Cheney Calcium Oxide & Cement Company (U.S.), Pete Lien & Sons, Inc. (U.S.), Cape Calcium Oxide (Pty) Ltd. (South Africa) and Others. Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — The global calcium oxide market size was valued at USD 40.07 billion in 2021. The market is projected to grow from USD 40.94 billion in 2022 to USD 49.17 billion by 2029, exhibiting a CAGR of 2.7% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Calcium Oxide Market, 2022-2029.” The usage of the product to treat wastewater...

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Fly Play hf.: 83% Load Factor in December and 800k passengers in 2022

  83% Load Factor in December and 800k passengers in 2022 PLAY carried 74,620 passengers in December 2022 which is more than four times the number of passengers PLAY carried in December 2021. The load factor in December was 82.8% compared to a 79.1% load factor in November. Routes to and from London, Paris, and the Canary Islands were very popular with a load factor of around 90 percent.  PLAY’s load factor in December was higher than all other publicly listed airlines in Scandinavia, showing the effectiveness of the PLAY network and its commercial activity. 29% of the passengers were traveling from Iceland, 31% were traveling to Iceland and 40% were connecting passengers (VIA). In December, 71.9% of PLAY’s flights arrived on schedule. On-time performance (OTP) was lower than usual due to challenging weather conditions. Severe weather...

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Smart Electric Meter Market Size to Grow worth USD 36 Billion by 2028 | Growing Smart Cities to Propel Growth of Market

The global smart electric meter market size was USD 19.40 billion in 2020. The market is projected to grow from USD 20.81 billion in 2021 to USD 36.00 billion in 2028 at a CAGR of 8.1% in the 2021-2028 period. Pune, India, Jan. 09, 2023 (GLOBE NEWSWIRE) — The global smart electric meter market size is projected to reach USD 36.00 billion by 2028, exhibiting a CAGR of 8.1% during the forecast period. Rapid urbanization, the development of multiple smart cities, and the increasing adoption of renewable energy resources are likely to fuel market growth. Fortune Business Insights™ provides this information in its report titled “Smart Electric Meter Market, 2021-2028.”  The investments in the initiative reached USD 28.31 billion in 2020, and approximately 5,331 projects worth USD 24.31 billion were successfully tendered....

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Nikkiso Clean Energy & Industrial Gases Group Acquires Cryotec Anlagenbau GmbH, Wurzen, Germany

TEMECULA, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), has entered into an agreement to acquire Cryotec Anlagenbau GmbH, (Wurzen close to Leipzig, Saxony, Germany) for an undisclosed amount. A global plant engineering and construction company, Cryotec provides planning, project management, manufacturing and engineering services of skid-mounted/containerized air separation and liquefaction plants, and CO2 technologies offering tailored solutions to their customers. Cryotec will operate as part of the Group’s GmbH facility, based in Neuenburg am Rhine, Germany. The Group consists of six functional business units: Cryogenic Pumps, Heat Exchanger Systems, Process Systems, Fueling & Solutions, Energy Infrastructure &...

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