JTA NEWS
19 November 2017 - 2 Kislev 5778 - ב' כסלו ה' אלפים תשע"ח
JTA NEWS :
Business
Israeli technology to help clean India’s Yamuna River E-mail

India’s government announced in February that it will employ Israeli technology to clean up the Yamuna river, a tributary of the Ganges in northern India.

Ayala Water and Ecology Ltd will focus on a stretch of eight kilometres of sewage that drains into the river as an initial step towards cleaner water and a cleaner environment.

Commenting on the joint partnership in Delhi, Daniel Carmon, Israel’s Ambassador to India, said: “I commend the Israeli company Ayala Water & Ecology on their work in India. Addressing the challenges of water and environment is a challenge both India and Israel share. I am proud to see this partnership in action.”

“As we celebrate 25 years of growing partnership, we are glad that Israeli technology is integrated in government initiatives for the benefit of the Indian citizen. This is another example of the multifaceted partnership between India and Israel,” he added.

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Air India looking to y to Israel E-mail

Air India is in the process of inaugurating a new MumbaiTel Aviv route. The announcement is expected to coincide with an official visit to Israel by Indian Prime Minister Narendra Modi that has been slated to happen sometime in the next few months, according to the Times of India.

The flight will take a circuitous route to avoid ying over countries that do not have relations with Israel, and will therefore take seven rather than the usual ve hours for a direct route.

“Saudi Arabia does not allow planes to y to Israel from over its airspace. So Air India is drawing up a circuitous route to avoid over ying countries that have such restrictions for Israelbound planes,” a source told the Times of India.

El Al, Israel’s national airline, currently operates a route between Tel Aviv and Mumbai, though its jets are barred from ying over several Islamic and Gulf countries, including Pakistan, Afghanistan, Iran and the United Arab Emirates.

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Haifa welcomes the largest ship ever to dock in Israel E-mail

The 13,092-TEU container ship Maersk Elba arrived at the Carmel Terminal at Haifa Port on 2 February. It was operated on by four STS cranes with an average productivity of 136 containers per ship hour.

The Maersk Elba is part of the weekly service operated by the 2M Alliance of Maersk and MSC. It links the ports of South Korea, China and Singapore to Haifa and continues on to Adriatic ports.

The arrival of the vessel inducted Haifa into the exclusive club of ports capable of handling high-capacity 14,000TEU ships. But the next generation of ships of 18,000 TEU and above will not be able to call in Israel until further development takes place. Five new cranes have been built recently at the Carmel Terminal, in preparation for the facility’s handling of vessels like the Maersk Elba. These were constructed on the dock and join six other STS cranes.

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China’s Midea acquires Israel’s Servotronix E-mail

Chinese consumer appliance maker Midea Group Co., Ltd. has acquired control of Israeli motion-control company Servotronix Motion Control Ltd. for an enterprise value of US$170 million, according to media reports in February.

The deal follows the completion of Midea’s acquisition of German industrial robot manufacturer Kuka Group for over US$5 billion last month, marking another milestone in the Chinese appliance-maker’s bid to become a robotics and automation high-end industrial manufacturer.

“This strategic alliance represents another milestone in Midea’s expansion in industrial automation and intelligent manufacturing,” said Paul Fang, chairman and CEO of Midea. “We believe that Servotronix’ technological leadership and innovation in motion control will generate significant synergies with Midea in terms of value chain integration and new market development.”

At the same time, the two parities established a strategic partnership to expand the development and sales of advanced motion-control and automation systems globally and in China. This is the first collaboration of this type for Midea in Israel.

“This alliance will provide Servotronix with significant leverage for our global operations and put Servotronix in a leadership position in the eld of robotics, control and automation, with China being a major market in this field,” said Dr Ilan Cohen, president, CEO and founder of Servotronix.

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Israel and Thailand sign open-skies agreement E-mail

In yet another sign of the opening up of flight routes between Asia and Israel, an agreement between Israel and Thailand was signed in December. El Al Israel Airlines Ltd is currently the only airline operating direct flights from Israel to Thailand. The alternatives are flights with stopovers in various countries.

The Ministry of Transport expects the agreement to substantially increase the number of passengers and to reduce ticket prices. Competition on the Tel Aviv-Bangkok route and flights to additional destinations in Thailand are expected.

Thailand has become an important business and vacation destination for Israelis, with 165,000 passengers flying to and from there each year in recent years. El Al has been the only scheduled airline to fly that route; other Israeli carriers, such as Arkia, have flown in the context of charters.

Nir Dagan, Chairman of Arkia, commented now that the airline will bid on flying the route as well. The agreement allows for more Thai companies to fly to Israel, and the only international carrier from that country that could do so is Thai Airways. The company has reportedly not yet decided whether to go ahead with a Tel Aviv route.

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