DHL Global Brisbane Airport Investment

DHL Global Brisbane Airport Investment

DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, held a groundbreaking ceremony today for its new 4,880 square meter facility in Brisbane Airport. DHL Global Forwarding is investing 17 million AUD (11 million EUR) over ten years for the new facility, and it houses the largest international cold chain services in Brisbane, to meet the fast-growing demand for perishables. The new facility will also support the growth of general cargo in Queensland, Australia and is set to be ready by early 2023.

George Lawson, Managing Director, DHL Global Forwarding Australia said, "The expansion of our facilities at Brisbane airport reflects the tremendous growth in exports, especially perishable food. Brisbane's economy is predicted to surge by 2031 and with this new facility, we are ready to support our customers growth."

Strategically located at Brisbane airport, the facility offers air side access, the first and only freight forwarder to have such access, and is close to the Port of Brisbane.

The new facility is a five green star rating according to the Green Building Council of Australia, featuring solar panels, reusable batteries to power most of the warehouse operations, rainwater harvesting and EV charging stations. Plans are also in the works to introduce carbon offsetting and insetting for a carbon neutral supply chain for customers.

"A lot of thought went into the design of the new operation. It will assist our customers trade efficiently. It is also a sustainable facility to help our customers achieve a greener supply chain," Lawson added.

The facility is also designed to support employees. Lachlan Elliot, Station Manager - Queensland, DHL Global Forwarding Australia said "We want this new facility to be a great place to work for our people. Interactive screens together with a flexible work space are designed to facilitate virtual and physical collaboration".

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 81 billion euros in 2021. 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.

Digicel Sale to Telstra with funding from Australian Gov

Digicel Sale to Telstra with funding from Australian Gov

Digicel Group Holdings Limited ("DGHL" or "Digicel") is pleased to announce completion of the sale of Digicel Pacific Limited ("Digicel Pacific" or "DPL"), its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited, with funding from the Australian Government, through Export Finance Australia.

The transaction values Digicel Pacific at up to US$ 1.85 billion, inclusive of a three year, US$ 250 million earn-out, equating to approximately 8.3 times DPL's adjusted earnings before interest, tax, depreciation and amortisation of approximately US$ 222 million in the year ended March 31, 2021. A payment of US$ 1.6 billion, before deduction for customary working capital and other adjustments, is payable to DGHL upon closing of the transaction and Digicel expects to achieve the maximum earn out payment of US$ 50 million in respect of the first earn out period which is based on service revenue performance for the year ended March 31, 2022.

Digicel is also pleased to report that the Independent State of Papua New Guinea has agreed to enter into a binding international arbitration process to resolve the disputed one-time PGK 350 million (approximately US$ 99.4 million) exit tax and to waive a further PGK 50 million (approximately US$ 14.2 million) sought in respect of non-payment of the tax to date. As part of this process US$ 99.4 million has been placed in escrow on closing pending the outcome of the arbitration which will take place in Singapore.

Digicel Pacific operates in six markets in the South Pacific including Papua New Guinea, Fiji, Samoa, Vanuatu, Tonga and Nauru. There will be no change to the Digicel brand in the six markets and the current management team will remain with and continue to lead the business, delivering best in class telecommunications services to Digicel Pacific's valued customers through-out the region.

Commenting, Denis O'Brien, Digicel Founder and Chairman, said: "Having established our Pacific operations as a business start-up in 2005, we depart with enormous pride in a team that has made affordable best-in-class communications available to more than 10 million people across six of the most exciting economies in the region. I am deeply grateful to all our colleagues who contributed to this success and in particular, to our 1,700 staff in the Pacific who I know will continue to represent the Digicel brand with pride under new owners Telstra. We wish them every continued success for the future."

Commenting, Oliver Coughlan, Group Chief Executive, said: "Until 2020 I was privileged to serve as CEO of our Digicel Pacific operations over many years and to work with exceptional people at this highly performing, high growth business. They retain our appreciation and friendship. Post this transaction, Digicel is well positioned to support continuing growth in our well-invested networks in our 25 markets in the Caribbean and Central America."

Australian first EV Range Tool

Australian first EV Range Tool

Volt Report Technologies is pleased to announce the market launch of Australia's first EV range tool. The Volt Report indexes and visualises the EV range of available vehicles for the Australian market. With hundreds of makes and models supported all the way back to 2014 you can explore the range of your next EV all over Australia.

The website available at fuses advanced route finding with deep historical industry information. Users can pick to see one vehicle's range or compare them side by side in comparison mode.

Once the vehicle(s) and a starting point are chosen the system then maps all potential driving distances to achieve the reported range. The system uses Google Maps data to map the routes needed to be taken to find the edges of the literal 100% to 0% empty range of the vehicle. This means you can visually see how far your EV can take you before you need to charge up.

This is all offered to consumers and dealerships for free to accelerate the adoption of electric vehicles in Australia. Australians buying need to be informed and we help them do that by;

Knowing The Battery Range - Be Informed of your options and pure battery range for vehicles available in Australia. If it's available we have its range at new and you can even enter custom ranges for more advanced analysis.

Comparing Cars By Range - Compare EVs by their range to get a visual map of how far each could take you on a single charge. You can compare new with used, or two new vehicles side by side.

Viewing Chargers Around Your Area - View chargers around Australia and see them along with your projected EV range.

The Volt Report team mentioned that they hope the tool helps the community be more aware of EV range and dealers to have a more informed discussion with their customers on the topic. They gather information from vehicle manufacturers for Australian specific and available models, then seek the WLTP Range, this is the Worldwide Harmonized Light Vehicle Test Procedure. This test measures the range of a car travelling at an average speed of 46.5 km/h in summer temperatures from a 100% to 0% state of charge. The actual range achieved under real conditions varies depending on driving behaviour and other external factors. They use calculations based on Google maps distance to determine the road based travel for the desired car. This isn't a perfect reprasentation of range as real world range is impact by driving style, terrain, temperature, humidity and much more. The exact range is never known but they give you a good guide when purchasing your EV.

Top Movie Venues in Sydney

Top Movie Venues in Sydney

Going to the cinema is almost as famous in Sydney as going surfing, grilling, eating out, or watching the Test series. Even when the world is flooded with screens and various technological advancements, and viewing movies is as simple as looking at your phone, Sydney's finest theatres are surviving because Sydney residents like the social experience of seeing a movie. Several cinemas have closed in the recent decade, but new ones have opened in their place. So, where can you find the greatest theatres in Sydney? Here's a consideration of the quality of the film selection, the architecture, and the overall enjoyment of the experience

Hayden Orpheum Picture Palace: Cremorne's Art Deco movie palace is a breathtaking journey back in time. Built in 1935 by George Kenworthy, the leading theatrical architect of the day, the current setting was even glitzier than the original due to a $2.5 million refurbishment a few years ago. The six auditoria each have their own colour scheme and design, but the 744-seat Orpheum is the actual showpiece. On weekends, an original Wurlitzer movie organ, complete with flashing lights and a smirking organist, rises from a stage pit.

Next is the Ritz Cinema Randwick. The six-screen Ritz theatre is both a local icon and an excellent site for viewing the newest mainstream blockbusters, with a striking Art Deco design restored to its former 1930s splendour and a great sound system. Cinema buffs go to the Ritz for its excellent acoustics, vintage charm, and retrospective screenings in the evening. Upstairs, the legendary Bar Ritz features a marble bar and balcony, ideal for pre-and post-movie cocktails.

The Golden Age Cinema. The Golden Age Cinema and Bar is a well-known basement tenant of the magnificent Paramount skyscraper. The structure was built in 1940 as the offices of Paramount Pictures, and it had a basement theatre for showcasing movies to theatre owners. The proprietors transformed the former screening room into a 60-seat cinema with an attached bar in 2013. It shows both old and current releases, frequently on the outskirts of the art house.

Palace Central Cinema. Palace Central, which opened in October 2017, is a 13-screen facility within the Central Park Mall with numerous lounges and bar areas with panoramic views of one of Sydney's most vibrant metropolitan settings. There is a big beer hall featuring local and foreign craft beers, a Champagne bar, and an interactive wine wall at the movie. Food includes products from top suppliers, as well as daily sweets from the Brickfields bakery.

Chauvel Cinema. This famous local theatre is part of the Palace Cinemas franchise and is named after the Jedda-born Australian film pioneer Charles Chauvel. Its proscenium arch adds a touch of grandeur to the craft of filmmaking, and the crew is quite knowledgeable. Screenings are usually quite arty, and the venue also hosts Cinemateque screenings. Make a point of visiting the bar area, which features a wall collage of the 1960s and 1970s cinema. And then there’s the Palace Norton Street Cinemas. The Palace Cinemas in Leichhardt were completely renovated in 2013 and now include eight licensed auditoriums and an elegant lobby with a lounge bar and café on-site. Some of the greatest yearly film festivals, such as the French, Spanish, Greek, German, and Italian, are held at Palace Norton Street. It is also near Norton Street's restaurants and colourful culture.

Palace Verona Cinemas: Intellectuals and art-house audiences from Paddington are frequently seen gathering around the Palace Verona. Here, the four screens are on the small side, and the seats are cramped, but the filmgoers are forgiving, especially since this frequently buzzing venue screens an expertly curated line-up of arthouse releases from well-known directors. On the premises, there is a licensed café and a wine and espresso bar. Next is the Skyline Drive-In Blacktown.

The city's only remaining drive-in movie theatre is so popular that on peak evenings, traffic backs up all the way down Reservoir Road and out onto the Great Western Motorway. Residents adore the restaurant's on-point 1950s motif, with diner meals delivered by employees dressed in period attire. There are new blockbusters and classics on the schedule, and if you dare, you can even catch a late-night horror session. Finally, there's the Dendy Newton. The Dendy Newtown features ten screens, super-comfortable seating, Dolby digital surround sound, and a bar. Filmgoers may park for free at the Lennox Street car park behind the cinema, which is a welcome relief from the typically congested King Street.