Maritime/Shipbuilding
ATIF and New Century formally signed an IPO consulting agreement
IRVINE, Calif., Jan. 3, 2023 /PRNewswire/ -- ATIF Holdings Limited (NASDAQ: ATIF, the "Company" or "ATIF") is pleased to announce that it through its wholly-owned subsidiary, ATIF Business Consulting, LLC, has entered into a definitive consulting agreement (the "Agreement") with New Century Logis...
First LNG cargo arrives at Germany's LNG terminal in Wilhelmshaven
ARLINGTON, Va. and DÜSSELDORF, Germany, Jan. 3, 2023 /PRNewswire/ -- Today, Uniper broughtGermany's first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, wa...
CGTN: Vitality under COVID-19: China's smart ports aid increased throughput
BEIJING, Dec. 29, 2022 /PRNewswire/ -- China's Qingdao Port, a subsidiary of Shandong Port Group and the second-largest foreign trade port in eastChina's Shandong Province, has seen an increase in anchorage rotations of very large container ships, according to China Media Group. The port has han...
Pingtan Marine Enterprise Announces Receipt of Nasdaq Notification Letter
FUZHOU, China, Dec. 27, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that it has received a notification letter datedDecember 21, 2022 (the "Notification Letter") from th...
Pingtan Marine Enterprise Announces Results of Annual General Meeting
FUZHOU, China, Dec. 22, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that each of the proposed resolutions submitted for shareholders' approval (the "Proposed Resolution...
MSC Group completes acquisition of Bolloré Africa Logistics
MSC STATEMENT GENEVA, Dec. 22, 2022 /PRNewswire/ -- MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC's acquisition...
ADNOC L&S Signs Agreement for Third Long-Term Charter of LNG Floating Storage Unit with AG&P
* Agreement unlocks additional value from ADNOC L&S' growing operating fleet, reinforcing its position as region's largest shipping and integrated logistics company * As ADNOC L&S renews its LNG fleet, older vessels are being repurposed to deliver new revenue streams * AG&P to utilize ADNO...
Caravelle International Group Begins Trading on NASDAQ Under the Ticker CACO
NEW YORK, Dec. 19, 2022 /PRNewswire/ -- Caravelle International Group ("Caravelle"), a global ocean technology company, today announced that the company has begun trading on the NASDAQ under the ticker symbol CACO following the successful completion of the business combination with Pacifico Acqui...
Royal Caribbean Group Forms a Strategic Partnership with iCON Infrastructure to Launch New Chapter of Destination Development
MIAMI, Dec. 19, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) announced today that it has entered into a new partnership with iCON Infrastructure Partners VI, L.P. ("iCON VI")1, a fund advised by iCON Infrastructure LLP ("iCON Infrastructure" or "iCON") to develop strategic cruise port ...
Marine Online: The number of existing oil tankers changing hands soars
SINGAPORE, Dec. 19, 2022 /PRNewswire/ -- Zhoushan, China-based ship owner Zhejiang Guanghui Marine Shipping Co., Ltd. recently sold a 9-year-old 7,000 DWT product oil tanker to an anonymous buyer fromSingapore for US$7.19 million, far higher than the market valuation in the mid-2022, a successful...
SILVERSEA CRUISES PRESIDENT AND CEO ROBERTO MARTINOLI TRANSITIONS TO SENIOR ADVISOR ROLE; BARBARA MUCKERMANN NAMED TO SUCCEED HIM
Martinoli to assume senior advisor role to Royal Caribbean Group President and CEOJason Liberty, after building Silversea Cruises into the world's leading ultra-luxury cruise line MIAMI, Dec. 15, 2022 /PRNewswire/ -- Silversea Cruises President and CEO Roberto Martinoli has elevated the brand in...
Royal Caribbean Group Announces Strategic Agreement with Meyer Turku Oy, Finnish Government
TURKU, Finland, Dec. 14, 2022 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) announced it has signed a maritime declaration with the Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) andMeyer Turku Oy, to chart the way forward for innovative and ...
New market update: December 2022
GOTHENBURG, Sweden, Dec. 8, 2022 /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...
Pacifico and Caravelle Postpone Closing of Merger Transaction
NEW YORK, Dec. 7, 2022 /PRNewswire/ -- Pacifico Acquisition Corp. (Nasdaq: PAFO; "Pacifico"), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group Co., Ltd ("Caravelle"), an ocean technology company providing international shipping services and ...
MIT Technology Review Insights' Blue Technology Barometer weighs the state of oceans in its second annual ranking
CAMBRIDGE, Mass., Dec. 5, 2022 /PRNewswire/ -- Produced by MIT Technology Review Insights in association with Morgan Stanley, the Blue Technology Barometer 2022/23 (BTB) is the second annual comparative ranking of 66 countries and territories on the progress they are making toward sustainability ...
Delivery of sold vessel and continued review of the fleet
GOTHENBURG, Sweden, Dec. 2, 2022 /PRNewswire/ -- Yesterday, the sold product tanker Stena Primorsk was delivered to its new owner. The other two recently sold vessels are expected to be delivered at the end of 2022 and the beginning of 2023, respectively. After the sale of the three vessels, Sten...
Hyundai Heavy Industries Group to Present 'Ocean Transformation' Plans at CES 2023
* Present sustainable ocean transformation vision on its second participation in CES * Unveil various ocean related plans including 'Ocean Mobility' and marine data platform * Aim to realize the ocean's potential with future technologies SEOUL, South Korea, Dec. 1, 2022 /PRNewswire/ -- Hyun...
SACO Shipping has selected WAVE BL to power its all-digital House Bills of Lading (eHBLs)
SACO Shipping uses WAVE BL's proprietary, blockchain-powered platform to digitize all its House BL transactions PHILADELPHIA, Nov. 30, 2022 /PRNewswire/ -- WAVE BL, the market leader in blockchain-powered trade, announced today that SACO Shipping GmbH has chosen WAVE BL's platform for issuing, h...
Singularity Future Technology Receives Positive Nasdaq Listing Determination
GREAT NECK, N.Y., Nov. 28, 2022 /PRNewswire/ -- Singularity Future Technology Ltd. ("Singularity" or the "Company") (Nasdaq: SGLY) announced today that by a decision datedNovember 22, 2022, a Nasdaq Hearings Panel (the "Panel") granted Singularity's request for continued listing on The Nasdaq Sto...
Xinhua Silk Road: Green transformation of shipping brings challenges but also opportunities, experts
BEIJING, Nov. 24, 2022 /PRNewswire/ -- The green transformation of shipping
brings challenges but also opportunities, said experts on the 2022 North Bund
Forum on Tuesday.
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