Latest news with #CFM
Yahoo
2 days ago
- Business
- Yahoo
EU and France invest €145m to improve Mozambique's rail infrastructure
Mozambique's rail network is poised for a significant upgrade with the signing of three financing agreements between state-owned railway company Portos e Caminhos de Ferro de Moçambique (CFM) and the Agence Française de Développement (AFD) for an investment of €145m (169m). The investment combines two non-sovereign loans from AFD, totalling $133m and a €30m ($35m) grant from the European Union. The funding will be used towards the planned enhancement of the Maputo–Ressano Garcia railway line, a vital link for passenger and freight transport in southern Mozambique. The project includes the doubling of the line's final section and an upgrade of its signalling system. The modernisation of the signalling system is set to improve safety and operational efficiency across the corridor. This development is expected to bolster rail traffic capacity and encourage a shift from road to rail transport. The project also aims to contribute to Mozambique's climate goals by reducing greenhouse gas emissions by an estimated 30,000 tonnes of CO₂ equivalent annually. CFM chairman Agostinho Langa Júnior said: 'CFM requested this funding to respond to what is outlined in its Strategic Plan, which aims to execute a number of projects, including the doubling as well as the modernisation of the signalling system of the Ressano Garcia line, the acquisition of rolling stock, improve urban mobility etc. so as to better contribute to the economic development of Mozambique, as well as full regional integration.' The financial support from the AFD and the EU will facilitate the expansion of the Ressano Garcia Line's throughput, boosting it from the existing 14.9 million tonnes per year to 44.6 million tonnes per year once the second phase of the project is finished. The next phase of the project involves the recruitment of consulting firms for design, supervision, and project management. The construction phase is on track for completion by 2030. Head of Cooperation of the EU Delegation to Mozambique Paula Vazquez-Horyaans said: 'This strategic investment reflects the European Union's commitment under the Global Gateway strategy to promote smart, clean and secure transport corridors that drive regional integration and economic development. 'By supporting the doubling of the Maputo–Ressano Garcia railway and upgrading its signalling system, we are helping shift freight from road to rail, thus enhancing safety, reducing emissions, and reinforcing Mozambique's role as a key logistics hub in Southern Africa.' "EU and France invest €145m to improve Mozambique's rail infrastructure" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
3 days ago
- Automotive
- Yahoo
Who Builds Boeing's Jet Engines, And Are They The Same As Airbus Uses?
American aerospace giant Boeing has taken a bit of tarnish of late. A pair of deadly crashes and other lesser malfunctions have sullied the reputations of the latest iterations of the brand's 737 Max aircraft, but those concerns don't extend to the jets' powerful engines. Boeing is responsible for building the 737's iconic flat-bottomed nacelles, or casings, which house the engines. However, the turbofan powerplants themselves are farmed out to various global manufacturers. The world's largest producer of jet engines, including for Boeing, is a joint venture called CFM. The two entities behind CFM are General Electric and the French manufacturer Safran. As part of its 39% global market share, CFM's fuel-efficient Leading Edge Aviation Propulsion (LEAP) engines power every one of Boeing's 737 Max aircraft. Coincidentally, engines from this brand can also be found on some Airbus A320 jets, a competitor to the 737 that's assembled largely in Europe. Of course, Boeing doesn't just build the 737. Other commercial Boeing jets include the venerable widebody 777 and the high-tech 787 Dreamliner, both of which are staples of long-haul or high-capacity routes, such as between the United States and Europe. And the engines there are made by others. Read more: Nobody Does Land Yachts Like Cadillac, And These Are Five Of The Best Ones Rolls-Royce Doesn't Only Build Cars Before Rolls-Royce started selling bougie land yachts, it was known for its airplane engines. For example, its Merlin engine was a force to be reckoned with in fighter planes during World War II. Over 120 years since its inception, Rolls-Royce is still in the aeronautical sector with a 12% market share. In particular, its products can be found in many long-haul widebody jets. Rolls' Trent 1000 powers some Boeing 787 Dreamliner jets, and Rolls says the plane is 25% more fuel-efficient than its predecessor, the Boeing 767. Rolls-Royce engines also propel some examples of the widebody Boeing 777, the fuel-guzzling double-decker 747, and what remains of the largest single-aisle jet ever, the Boeing 757. Like CFM, Rolls-Royce prefers to diversity its clientele and happily accepts engine purchases from Airbus, too — for example, the Airbus A330 and A350 long-haul jets. Next up is General Electric, which also has a fairly small — about 14% — share of worldwide jet engine manufacturing. That's understandable, since most of its involvement in aerospace is via the CFM joint venture with Safran. Alone, GE turbofan engines appear on both Boeing and Airbus products in small quantities. Especially the Boeing double-aisle widebodies. An American Company Hit Big With EU's Airbus (But Sells To Boeing, Too) Finally, we come to Pratt & Whitney, a veritable institution in American aviation since 1917. When it's not building engines for fighter jets or cruise missiles, P&W captures about 35% of the market for commercial jet engines. That includes a presence at some level in nearly all Boeing products, excepting newer models like the 737 Max and 787 Dreamliner. P&W sells to Airbus, too. Notably, its engines are the only ones used in the new-ish A220 narrow-body jet, a feather in the company's cap to be sure. So there you have it. Boeing uses four sources to procure jet engines for its planes: CFM, General Electric, Pratt & Whitney, and Rolls-Royce. And not a single one of those companies has a problem crossing the aisle to sell to rival manufacturer Airbus. Clearly, some passengers prefer one aircraft brand or another — for example, avoiding airlines with the largest Boeing fleets following an awful 2024 for the brand. However, under the engine nacelles, there's little difference to be had between the two aircraft giants. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
Business Recorder
16-07-2025
- Business
- Business Recorder
Dar meets Xi, conveys ‘warm greetings'
ISLAMABAD: Pakistan's Deputy Prime Minister/Foreign Minister Ishaq Dar called on Chinese President Xi Jinping on Tuesday as he represented Pakistan at the joint call of the Foreign Ministers of the Shanghai Cooperation Organization (SCO) Member States. Dar arrived at the Great Hall of the People for the SCO Foreign Ministers' Group Meeting with President Xi Jinping of the People's Republic of China, Foreign Office (FO) spokesperson said in a statement. Dar in a statement on social media said that he was delighted to meet earlier Tuesday President Xi Jinping at the Great Hall of the People in Beijing. 'Conveyed the warm greetings of the leadership, government and people of Pakistan. As iron-clad brothers and All-Weather Strategic Cooperative Partners, we remain committed to deepening Pak-China enduring friendship and advancing shared regional goals,' he remarked. The Chinese president, welcoming the Heads of Delegations, underlined the 'salience of regional cooperation' under the ambit of SCO, an organisation covering the Eurasian land mass and a large expanse of the world's population. Meanwhile, Dar held bilateral meetings with foreign ministers of SCO member states on sideline of CFM. He met with the Foreign Minister of Kyrgyzstan, Kulubaev Zheenbek Moldokanovic, at the Great Hall in Beijing on the margins of the SCO CFM. Both reaffirmed their commitment to the longstanding bilateral relationship and to enhancing collaboration across all areas of mutual interest. The deputy prime minister also signed SCO documents on behalf of Pakistan during the SCO Council of Foreign Ministers Meeting in Tianjin, China. Furthermore, Dar met with the Foreign Minister of Iran, Seyyed Abbas Araghchi on the sidelines of the SCO CFM in Tianjin, China. Both leaders reviewed bilateral cooperation across diverse areas and discussed the evolving regional situation following the recent Israeli aggression against Iran. Dar reaffirmed Pakistan's unwavering solidarity with the people and Government of Iran, and reiterated Pakistan's commitment to regional peace and stability, emphasising that dialogue and diplomacy remain the only viable path to de-escalation and lasting peace. At the invitation of Foreign Minister of China Wang Yi, the deputy prime minister is currently leading Pakistan delegation to the meeting of SCO Council of Foreign Ministers (CFM) being held on 14-16 July 2025 in Tianjin. Foreign Ministers of all SCO member States, including Pakistan, China, Belarus, India, Iran, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan are participating in the CFM meeting. Foreign Minister of Belarus has been attending the CFM for the first time as member of SCO. The CFM is the third highest forum in the SCO format. It focuses on the issues of international relations, as well as foreign and security policies of SCO. The forum approves the documents, including declaration and statements, etc. that are to be presented for the consideration of the Council of Heads of State (CHS) as well as the decisions to be adopted by the CHS. The upcoming CHS will take place on 31 August – 01 September 2025 in Tianjin, China. Copyright Business Recorder, 2025
Hans India
15-07-2025
- Politics
- Hans India
EAM Jaishankar meets Chinese President Xi Jinping, discusses India-China ties
Beijing: External Affairs Minister (EAM) S. Jaishankar on Tuesday met Chinese President Xi Jinping in Beijing and discussed the trajectory of India-China bilateral relations. Jaishankar conveyed warm greetings from President Droupadi Murmu and Prime Minister Narendra Modi to the Chinese President during the meeting. The interaction took place as part of the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers' call on the Chinese President. In a post on X following the meeting, Jaishankar wrote, "Called on President Xi Jinping this morning in Beijing along with my fellow SCO Foreign Ministers. Conveyed the greetings of President Droupadi Murmu & Prime Minister Narendra Modi. Apprised President Xi of the recent development of our bilateral ties. Value the guidance of our leaders in that regard." The EAM is in China, his first visit to the country since the violent confrontation in Galwan Valley in May 2020, to attend the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers' Meeting (CFM) in Tianjin. On Monday, the EAM held multiple high-level meetings to deepen dialogue and cooperation with Chinese officials. He met Liu Jianchao, Minister of the International Department of the Chinese Communist Party Central Committee (IDCPC), and discussed the need for a constructive India-China relationship. He also held a bilateral meeting with Chinese Foreign Minister Wang Yi, a senior member of the CPC Political Bureau. During the talks with Wang Yi, Jaishankar emphasised a long-term approach to resolving bilateral issues. "Incumbent on us to address aspects related to the border, normalising people-to-people exchanges and avoiding restrictive trade measures and roadblocks. Confident that on the foundation of mutual respect, mutual interest and mutual sensitivity, ties can develop along a positive trajectory," he posted on X after the meeting on Monday. The EAM also met Chinese Vice President Han Zheng and reiterated that further normalisation of India-China ties can yield mutually beneficial outcomes. He stressed that open exchange of views and perspectives between the two neighbours and major economies is critical in the current complex global environment. Highlighting the 75th anniversary of diplomatic relations between India and China, Jaishankar welcomed the resumption of the Kailash Mansarovar Yatra, which had been suspended since 2020 due to the pandemic and border tensions. The SCO Council of Foreign Ministers' Meeting, where Jaishankar is representing India, precedes the 25th Heads of State Council meeting of the SCO scheduled to be held later this year in Tianjin. India chaired the SCO in 2023, while Pakistan hosted the Leaders' Summit in 2024. Founded as a regional security bloc, the Shanghai Cooperation Organisation is a permanent intergovernmental organisation comprising India, China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Pakistan, Iran and Belarus. The SCO's agenda spans counterterrorism, security, economic cooperation, and regional connectivity. India's participation at various SCO meetings has intensified in recent months, including the visits of Defence Minister Rajnath Singh and National Security Advisor Ajit Doval to China in June for discussions on regional defence and security under the SCO framework.
Arab News
14-07-2025
- Politics
- Arab News
Pakistan joins SCO foreign ministers' summit as Delhi-Islamabad tensions simmer
ISLAMABAD: Pakistan's deputy prime minister and foreign minister, Ishaq Dar, has arrived in China to attend a meeting of the Shanghai Cooperation Organization's (SCO) Council of Foreign Ministers (CFM), the Pakistani foreign ministry said on Monday, amid prevailing regional tensions. The meeting comes amid simmering regional tensions, particularly between India and Pakistan, following New Delhi's refusal to sign a recent SCO joint statement over its omission of a deadly April attack in Indian-administered Kashmir. The SCO, a trans-regional bloc comprising China, Russia, Pakistan, India, Iran, and Central Asian states, is expected to deliberate on pressing regional and global security, connectivity, and economic issues at the CFM meeting in Tianjin on July 15-16. Upon arrival in Beijing, Dar was received by Ambassador Yu Hong, a member of the Chinese's foreign ministry's Department of Asian Affairs, and Pakistan's Ambassador to China, Khalil-ur-Rehman Hashmi, along with other Chinese foreign ministry officials. 'DPM/FM will lead Pakistan's delegation to the SCO Council of Foreign Ministers Meeting in Tianjin tomorrow, call on the President of China along with other SCO Foreign Ministers, and hold bilateral meetings with his counterparts from SCO member states,' the Pakistani foreign ministry said. The CFM is the third highest forum in the SCO format that focuses on the issues of international relations as well as foreign and security policies of China-backed SCO. Last month, Beijing's bid for enhanced regional leadership suffered a setback when India rejected signing a joint statement put before defense ministers of the SCO, seen by some Western analysts as a regional grouping by China and Russia to counter United States influence in Asia, with New Delhi saying it was 'pro-Pakistan' in not mentioning April's attack on tourists in Indian-administered Kashmir. India blamed Pakistan for backing the gunmen behind the April 22 killing of 26 people. Islamabad denies the charge. In May, India and Pakistan exchanged fighter jet, missile, drone and artillery strikes for four days over the Kashmir attack, killing around 70 people on both sides before agreeing to US-brokered ceasefire. Separately, India's foreign minister Subrahmanyam Jaishankar told his Chinese counterpart Wang Yi in Beijing that the two countries must resolve friction along their border, pull back troops and avoid 'restrictive trade measures' to normalize their relationship, Reuters reported on Monday. Jaishankar arrived in Beijing on his first trip to China since 2020, when a deadly border clash between their troops led to a four-year military standoff and damaged ties until a thaw began in October, when they agreed to step back. 'It is now incumbent on us to address other aspects related to the border, including de-escalation,' Jaishankar was quoted as saying. Jaishankar met Chinese Vice President Han Zheng earlier in the day, the official Chinese news agency Xinhua reported. Han told Jaishankar that India and China should steadily advance practical cooperation and respect each other's concerns.
