Maritime/Shipbuilding
HD Hyundai to Showcase Eco-Friendly Future Technologies at Gastech in the U.S.
* HD Hyundai will participate in Gastech 2024 in Houston, September 17-20 * 16 certification acquisitions and MOU signings expected, highlighting the company's leadership in digital transformation and decarbonization technologies * "HD Hyundai, a leader in eco-friendly ship technology, is set...
Caravelle International Group Announces Financial Results for Fiscal Year 2023
SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced its audited financial results for the fiscal year endedOctober 31, 2023. Due to the overall environment of the shipping industry and increased operating cos...
Global Times: Silk Road Maritime Cooperation Forum kicks off in China's Xiamen, to facilitate international ocean shipping, trade
BEIJING, Sept. 8, 2024 /PRNewswire/ -- More than 600 dignitaries and representatives from sectors of shipping, trade, finance and technology in the world attended the 6th Silk Road Maritimes International Cooperation Forum, which kicked off on Saturday in Xiamen city, East China'sFujian Province....
SEADRONIX Unveils NAVISS 2.0 True-AI Ship Monitoring and Navigation Solution at SMM 2024 in Hamburg
HAMBURG, Germany, Sept. 3, 2024 /PRNewswire/ -- Seadronix, a leading developer of AI and autonomous ship navigation solutions, announces the launch of its latest innovation, the NAVISS 2.0 True-AI Ship Navigation and Monitoring System, at the SMM 2024 Maritime Fair. This enhanced version represen...
Pole Star Global Expands Maritime Intelligence with Launch of the DOMAIN Insights Engine Plus New Global Brand
LONDON, Sept. 3, 2024 /PRNewswire/ -- Pole Star Global, the leading provider of maritime intelligence solutions, today announced the launch of DOMAIN, their new, high-performance intelligence and insights engine. Fueled by AI-ready, cutting-edge machine learning, DOMAIN meticulously gathers and n...
Iridium Unveils Iridium Certus GMDSS: Defining a New Standard in Maritime Safety and Communications
MCLEAN, Va., Sept. 3, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today unveiledIridium Certus® GMDSS, a generational advancement in maritime safety, compliance, and communication. Building on the powerful capabilities of Iridium Certus technology, Iridium Certus GMDSS feature...
Global Times: Fast-evolving marine engineering to be an important lever of powering China's economic growth
BEIJING, Aug. 28, 2024 /PRNewswire/ -- Yin Jifu is a senior engineer with the National Engineering Research Center of Dredging Technology and Equipment under the state-owned construction giant China Communications Construction Company (CCCC). Yin, whole holds a doctorate degree, has been working...
Royal Caribbean Group Signs Agreement with Meyer Turku for the Next Ship in its Revolutionary Icon Class; Adds Options for Additional Icon Class Ships
MIAMI, Aug. 27, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) announced today that it has signed an agreement with Finnish shipbuilderMeyer Turku to order a fourth Icon Class ship for delivery to Royal Caribbean International in 2027. The agreement also includes options to build a fifth ...
Muster Marine Expands Service Offerings to Address Growing Demands in Southeast Asia's Maritime Sector
SINGAPORE , Aug. 23, 2024 /PRNewswire/ -- Muster Marine Pte Ltd, a premier provider of marine insulation and engineering solutions, is pleased to announce a significant expansion of its services and product offerings to better serve the rapidly growing maritime industry inSoutheast Asia. As a lea...
Asia's First Offshore Wind Power Service Operation Vessels Delivered to Further Promoting Deep-Sea Energy Coupling Exploration
SHANGHAI, Aug. 21, 2024 /PRNewswire/ -- Shanghai Electric
ICS: New hydrogen demand report reveals once in a generation opportunity
* The International Chamber of Shipping launches new report
Berge Bulk adopts Sofar's Wayfinder across fleet to bolster decarbonisation strategy
Berge Bulk uses Sofar Ocean's Wayfinder dynamic voyage optimisation platform to increase fleet efficiency and accelerate its "Maritime Marshall Plan" for decarbonisation. SINGAPORE, Aug. 13, 2024 /PRNewswire/ -- Berge Bulk, one of the world's leading independent dry bulk owners, and Sofar Ocean,...
Super Terminal Expo 2024 Unveils Stellar Lineup for Conference, Announces Inaugural STE Awards Nominations
HONG KONG, Aug. 12, 2024 /PRNewswire/ -- Super Terminal Expo, Asia's pioneering passenger and cargo terminal design, construction and operations event, announces its conference program comprising over 100+ expert speakers across 80 keynote interviews, panel discussions, expert briefings and best ...
CARAVELLE INTERNATIONAL GROUP ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY
SINGAPORE, Aug. 6, 2024 /PRNewswire/ -- On July 26, 2024, Caravelle International Group (the "Company") received a deficiency letter (the "Nasdaq Bid Price Deficiency Letter") from Nasdaq notifying the Company that, for the last 33 consecutive business days, the closing bid price for the Company'...
DP WORLD: US COURT ENFORCES $200M AWARD AGAINST GOVERNMENT OF DJIBOUTI OVER ILLEGAL PORT SEIZURE
In 2018, the Government of Djibouti forcibly seized Doraleh Container Terminal, a key gateway for trade in theHorn of Africa region. Tribunals in multiple jurisdictions have all ruled in DP World's favour. However, the Government ofDjibouti appears unmoved by negotiation or legal rulings. DUBAI...
PPG announces partnership with RightShip sustainability platform
Zero Harm Innovation Partners Program aims to encourage maritime sustainability SINGAPORE, July 31, 2024 /PRNewswire/ -- PPG (NYSE: PPG) today announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship's Zero Harm Innovation Partners Program. The in...
Seadronix Disrupts Maritime Technology with Groundbreaking AI Model
SEOUL, South Korea, July 30, 2024 /PRNewswire/ -- Seadronix, a leader in AI-enabled autonomous ship navigation solutions, has announced the release of a groundbreaking white paper on artificial intelligence (AI) for marine object recognition. This innovative research introduces the VaDA (Vertical...
Dataloy launches pioneering voyage management enhancements to elevate chartering efficiency across key sectors
New capabilities target energy, construction, and manufacturing sectors for improved efficiency and cost savings. BERGEN, Norway, July 30, 2024 /PRNewswire/ -- Dataloy Systems has introduced major upgrades to its Voyage Management System (VMS), aimed at revolutionising charter operations within ...
Atlas Corp. Releases 2023 Sustainability Report
LONDON, UK, July 25, 2024 /PRNewswire/ -- Atlas Corp. (Atlas) is proud to present its 2023 Sustainability Report, the fourth annual report on the company's Environment, Social, and Governance (ESG) initiatives. It covers activities carried out by Atlas along with its subsidiaries Seaspan Corporat...
Massimo Launches New GKD 350 All-Terrain Go Kart
Rugged Two-Seater Vehicle Asked for from Big Retail Partners GARLAND, Texas, July 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its new GKD 350 All-Terrain Go Kart, combin...
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