Maritime/Shipbuilding
Global Times: 5th 'Silk Road Maritime' Intl Cooperation Forum kicks off, seeking efficient trade
BEIJING, Sept. 8, 2023 /PRNewswire/ -- The Fifth "Silk Road Maritime" International Cooperation Forum kicked off on Thursday inXiamen, East China's Fujian Province, drawing more than 1,000 representatives from domestic and international enterprises in the maritime transport sector and related in...
The 2023 World Coastal Forum will be held in Yancheng, Jiangsu on September 25-27
YANCHENG, China, Sept. 8, 2023 /PRNewswire/ -- The 2023 World Coastal Forum will be held in Yancheng fromSeptember 25 to 27, aiming to create a global cooperation platform in the field of coastal ecology with clear orientation, diversified participation, strong actions and rich products, accordin...
Whaling in Iceland: See the Whales, Not Harm Them
REYKJAVIK, Iceland, Sept. 8, 2023 /PRNewswire/ -- From the desk of MyntNews. With its historical involvement in commercial whaling, Iceland is witnessing a significant transformation in its approach, driven by concerns about the welfare of whale populations and thecountry's global reputation. Tod...
OTOM Services Announces Collaboration as Authorised Distributor for Rocol Products
SINGAPORE, Sept. 7, 2023 /PRNewswire/ -- OTOM Services
Xinhua Silk Road: E. China's ancient city Quanzhou injects new vitality into World Heritage sites, inducing more tourists
BEIJING, Sept. 6, 2023 /PRNewswire/ -- It has been two years since "Quanzhou: Emporium of the World inSong-Yuan China" was inscribed on the UNESCO World Cultural Heritage List onJuly 25, 2021, and a series of celebration activities were held recently in Quanzhou City in east China'sFujian Provinc...
Caravelle International Group Regains Compliance with Nasdaq Filing Requirement
SINGAPORE, Aug. 29, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), confirming that the Company has regained compliance with Nasdaq's filing requirement...
Caravelle International Group Announces Audited Financial Results for 2022 with 51.9% Revenue Growth and 118.2% Increase in EPS
* Audited revenue for 2022 of $185.3 million, up from $122.0 million in 2021, marking a 51.9% growth. * Caravelle earned $12.2 million in 2022 vs. $5.3 million in 2021. * Earnings per share were $0.24 for 2022 vs. $0.11 in 2021, highlighting an increase of 118.2%. SINGAPORE, Aug. 29, 2023 /P...
Kia partner, The Ocean Cleanup, delivers record 55-ton ocean plastic haul
* Kia global partner, The Ocean Cleanup, sets a new record for the amount of plastic reclaimed from the world's oceans * 55 tons of ocean plastic delivered to Victoria, Vancouver Island, Canada * Plastics will be recycled; proportion to be used in future Kia models under multi-year partnersh...
Interim report, 1 January-30 June 2023
GÖTEBORG, Sweden, Aug. 24, 2023 /PRNewswire/ -- Continued divestments in a strong vessel market * Total income Q2: SEK 114.7 (180.8) million HY1: SEK 210.3 (304.9) million * EBITDA Q2: SEK 72.1 (102.7) million HY1: SEK 109.8 (132.4...
CyberLogitec signed a contract for ALLEGRO, integrated shipping operation solution, implementation with Japanese shipping liner Kambara Kisen
SEOUL, South Korea , Aug. 24, 2023 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies, announced that the delivery contract with Kambara Kisen Co., Ltd. For four solutions, including ALLEGRO has been officially made on9th July 2023...
Xinhua Silk Road: 2023 China-SCO International Logistics Round Table held in Lianyungang to deepen interconnectivity among SCO countries
BEIJING, Aug. 18, 2023 /PRNewswire/ -- The 2023 China-Shanghai Cooperation
Organization (SCO) International Logistics Round Table kicked off on Wednesday
in Lianyungang, a port city in eastChina's Jiangsu Province.
Quark Expeditions named Best Expedition Cruise Line for 2023 by Virtuoso
SEATTLE, Aug. 16, 2023 /PRNewswire/ -- Quark Expeditions, the global leader in polar adventures, is excited to announce that the company has been namedBest Expedition Cruise Linefor 2023 by global luxury travel network Virtuoso, Ltd. "We are thrilled to be named the 'best of the best' in expediti...
Riding Waves of Change: Blue Water EduFest Returns, Championing Coastal Conservation in Singapore
SINGAPORE, Aug. 16, 2023 /PRNewswire/ -- Blue Water EduFest
Concordia Maritime: Invitation to presentation of Q2 2023
GOTHENBURG, Sweden, Aug. 15, 2023 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on24 August 2023 at 14.00 CEST. The session will feature a presentation of the Q2 2023 interim report and a Q&A session. If you wish to participate via webcast, please use the link b...
New market update: August 2023
GOTHENBURG, Sweden, Aug. 9, 2023 /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...
'Guojiao-1', China's Pioneering Marine Power Transmission Brand, launched in Zhejiang
HANGZHOU, China, Aug. 9, 2023 /PRNewswire/ -- On August 8, 'Guojiao-1', an innovative marine power transmission technology brand, was unveiled at a landmark event in Zhoushan,Zhejiang Province. Guojiao-1, a cornerstone of State Grid Corporation of China (SGCC)'s technological portfolio, is poise...
Agreement regarding the sale of two product tankers
Concordia Maritime AB (publ) ("Concordia Maritime") has entered into an agreement for the sale of the product tankers Stena Premium and Stena Progress. The sale will generate a liquidity supplement of approx. MSEK 100. GOTHENBURG, Sweden, Aug. 4, 2023 /PRNewswire/ -- Stena Progress (65,200 dwt) ...
Hanwha Aerospace Collaborates with Hanwha Ocean to Develop Energy Storage System Technology for Lower Carbon Emissions
SEOUL, South Korea, Aug. 2, 2023 /PRNewswire/ -- Hanwha Aerospace today announced a strategic collaboration with Hanwha Ocean, a subsidiary of Hanwha Aerospace, to develop and enhance Energy Storage System (ESS) technology, aimed at reducing carbon emissions in the rapidly growing eco-friendly sh...
First of Many: Maritime Digitalisation Sets Sail with Starlink Satellite on Norstar Managed Vessel, More to Follow
SINGAPORE, Aug. 1, 2023 /PRNewswire/ -- Norstar Ship Management (NSM), a pioneering force in the maritime industry, is proud to announce a groundbreaking step towards the future of maritime digitalization with the installation of Starlink satellite technology on one of its managed vessels, the G...
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
* Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won * Shipbuilding, construction equipment and electric power device units achieving solid earnings * HD Korea Shipbuilding & Offshore Engineering's revenue at 5.4536 trillion won, up 30.2% YoY * H2 earnings expe...
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