Maritime/Shipbuilding
Bahri Wins Guinness World Record for Largest Mobile Desalination Plant
Bahri Desalination Sets New Benchmark with Record-Breaking Floating Seawater Desalination Plant, in Line With its Efforts to Support Saudi Arabia's National Water Security RIYADH, Saudi Arabia, March 1, 2024 /PRNewswire/ -- Bahri Desalination, a specialized business unit of the National Shipping...
Caravelle Reports Half Year 2023 Financial Results
SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a trailblazing global ocean technology company, today announced its unaudited and unreviewed financial results for the six months endedApril 30, 2023. Half year 2023 Financial Highlights Six...
DECISION MAKERS TO CONVENE AT ASIA PACIFIC MARITIME'S BIGGEST EDITION YET
Themed Future of Vessels, Solutions for Tomorrow, Southeast Asia's premier trade exhibition and conference will host a series of new launches and strategic discussions across six halls at the Marina Bay Sands Expo & Convention Centre SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- In just two weeks, th...
TechWaves: Celebrating Maritime Innovation and Collaboration
SINGAPORE, Feb. 23, 2024 /PRNewswire/ -- TechWaves, a Maritime Conference hosted by SGTraDex, marked a significant milestone in the digital transformation of the maritime industry. Held onFebruary 23, 2024, the event showcased the achievements of SGTraDex in revolutionising trade and supply chai...
Fleet Management Limited announces strategic leadership transition in its 30th year
HONG KONG, Feb. 22, 2024 /PRNewswire/ -- Fleet Management Limited (FLEET), the
world's largest third-party ship management company, has begun implementing a
phased succession plan to ensure continuity, sustained innovation and success
as it enters a new era.
Minesto Evolves Its Faroese Business Case, Upgrading to a 200 Mw Tidal Energy Buildout
GOTHENBURG, Sweden, Feb. 21, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, has upgraded the roadmap to a 200 MW tidal energy buildout in the Faroe Islands. The scaled-up roadmap is a response to the growing demands for renewable energy, where unlocking the tidal opportunity enables...
Stena RoRo takes delivery of E-Flexer RoPax vessel number ten for long charter to Canadian Crown Corporation Marine Atlantic
GOTHENBURG, Sweden, Feb. 8, 2024 /PRNewswire/ -- Today, number ten of the Stena RoRos E-Flexer series was delivered from the CMI Jinling, Weihai Shipyard. The vessel, named Ala'suinu, will be on a long charter agreement with the Canadian state-owned Marine Atlantic and operate a ferry line in eas...
Continued collaboration between Minesto and Swedish Energy Agency - 3 MSEK funding awarded for upgrading of mooring system
GÖTEBORG and VASTRA GOTALAND, Sweden, Feb. 8, 2024 /PRNewswire/ -- The Swedish Energy Agency has awarded Minesto a 2.8 MSEK grant to support development and testing of next generation mooring system. The grant co-funds a project through which Minesto will advance performance of the unique tether ...
New market update: February 2024 - Concordia Maritime
GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...
NX Global Ocean Network Launches New NVOCC Services in Singapore, Globally Unifying NX Group's International Ocean Freight Services
TOKYO, Feb. 5, 2024 /PRNewswire/ -- NX Global Ocean Network Pte. Ltd. (hereinafter abbreviated as "NXGO"), a group company of NIPPON EXPRESS HOLDINGS, INC., started NVOCC (*) services inSingapore on Monday, January 1, 2024. *NVOCC (Non-Vessel Operating Common Carrier): A carrier that does not ha...
PACIFIC INTERNATIONAL LINES FIRST SHIPPING LINE TO COMPLETE FULL INTEGRATION WITH SGTRADEX IN COLLABORATION WITH KPI OCEANCONNECT
Pacific International Lines (PIL), SGTraDex, and KPI OceanConnect have achieved a significant milestone by completing full integration for worldwide transactions via the SGTraDex platform SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- Pacific International Lines (PIL) has successfully completed full i...
Xinhua Silk Road: New shipping route links ports in Russia, E. China
BEIJING, Jan. 26, 2024 /PRNewswire/ -- With a cargo ship recently departing for Jingjiang Port in eastChina's Jiangsu Province after unloading nearly 20,000 tons ofRussia-imported coal at Longkou Port in east China's Shandong Province, a new shipping route linking ports in Russia, Longkou and Jin...
Concordia Maritime's application for delisting has been approved
GOTHENBURG, Sweden, Jan. 24, 2024 /PRNewswire/ -- Concordia Maritime AB (publ)'s ("Concordia Maritime") application for delisting of Concordia Maritime's class B shares has now been approved by Nasdaq Stockholm. The last day of trading on Nasdaq Stockholm will be6 February 2024. For more informa...
Caravelle's Chairman of the Board and CEO, Dr. Guohua Zhang, invited to Davos Summit 2024
--Milestone Initiative on Ocean Carbon Neutral Sustainability with Fortune 500 CEOs and ESG Leaders SINGAPORE, Jan. 24, 2024 /PRNewswire/ -- Dr Guohua Zhang, Chairman and CEO of Caravelle International Group (Nasdaq: CACO) , the world's leading ocean carbon neutral technology company, was invite...
Notice to attend Extraordinary General Meeting of Concordia Maritime AB (publ)
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- The shareholders of Concordia Maritime AB (publ), 556068-5819, are hereby invited to the Extraordinary General Meeting to be held on Thursday,22 February 2024 at 1.00 p.m. CET at Mannheimer Swartling Advokatbyrå's offices at Järnvågen 1 inGothenbu...
Stena Sessan AB requests compulsory buy-out and Concordia Maritime applies for delisting
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- Stena Sessan AB ('Stena Sessan'), which holds more than 90 per cent of the shares and votes in Concordia Maritime AB (publ) ('Concordia Maritime'), has requested that a compulsory buy-out of the remaining shares in Concordia Maritime be initiated....
KUALA LINGGI INTERNATIONAL PORT CELEBRATES GROUNDBREAKING CEREMONY MARKING A MILESTONE IN MARITIME INFRASTRUCTURE
KUALA LINGGI, Malaysia, Jan. 23, 2024 /PRNewswire/ -- Kuala Linggi International Port (KLIP) proudly announces the commencement of construction for its groundbreaking state-of-the-art port facility, signifying a monumental leap towards becoming a pivotal hub for international trade and commerce. ...
Quark Expeditions Introduces M/V Ocean Explorer to its Polar Fleet
SEATTLE, Jan. 22, 2024 /PRNewswire/ -- Quark Expeditions, the global leader in polar adventures, is excited to announce the latest addition to its industry-leading fleet: the Ocean Explorer. This 138-passenger polar expedition ship will set sail under the Quark Expeditions banner at the start of ...
CGTN: How a 20-year plan enabled Fuzhou to leap ahead in economic growth
BEIJING, Jan. 22, 2024 /PRNewswire/ -- Fuzhou Port on the southeast coast of China has become one of the most important hub ports for container transportation, with it listed among the world's top 20 ports by cargo throughput in 2022. The bustling port speaks volumes about the success of Fuzhou,...
Hanwha Vice Chairman Dong Kwan Kim Unveils Vision for Decarbonization of Shipping at Davos 2024
* Accelerating global decarbonization by expanding the clean energy value chain to encompass production, storage, and transportation * Building and owning green vessels to drive demand for decarbonization technology in shipping and shipbuilding SEOUL, South Korea, Jan. 17, 2024 /PRNewswire/ -...
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