Maritime/Shipbuilding
Sailing Ro-Ro Vessel from RMK MARINE to Operate Almost Entirely with the Wind Power
She will be one of the first examples in the world in her segment RMK MARINE won the international tender opened for the commercial sailing Ro-Ro Vessel, which will operate almost entirely with the propulsion of wind energy and signed a contract with its French client, Neoline Armateurs for the ...
Caravelle International Group Announces Preliminary Record-breaking Financials for 2022 with 64% Revenue Growth and 290% Earnings Growth
* Preliminary unaudited revenue for 2022 of $200 million, a 64% growth over 2021 * Preliminary unaudited earnings for 2022 of $40 million, a 290% growth of 2021 * Company has several exciting new business opportunities that will generate substantial revenue in 2023 SINGAPORE, Jan. 17, 2023 ...
Panduit Announces Acquisition of Subsea Cable and Pipe Protection Product Portfolio from DongWon EN-Tec Co., Ltd.
Expands Portfolio for Offshore Alternative Energy & Optical Communications Customers in Asia-Pacific Region MELBOURNE, Australia and TINLEY PARK, Ill., Jan. 12, 2023 /PRNewswire/ -- Panduit Corp., a global leader in innovative electrical and network infrastructure solutions, announced that it ha...
Panduit Announces Acquisition of Subsea Cable and Pipe Protection Product Portfolio from DongWon EN-Tec Co., Ltd.
Expands Portfolio for Offshore Alternative Energy & Optical Communications Customers in Asia-Pacific Region TINLEY PARK, Ill., Jan. 12, 2023 /PRNewswire/ -- Panduit Corp., a global leader in innovative electrical and network infrastructure solutions, announced that it has acquired the subse...
Korea Shipbuilding & Offshore Engineering Sets to Usher in the Era of Unmanned Ships
* Korea Shipbuilding & Offshore Engineering (KSOE) aims to demonstrate machinery and safety system automation as the next step to successful autonomous transoceanic voyage * After completion of demonstration in 2024, the company plans to employ unmanned ship technologies for the first time in...
CyberLogitec completed successful implementation of OPUS Terminal at Qinzhou Automated Container Terminal of Beibu Gulf Port Group in China
SEOUL, South Korea, Jan. 6, 2023 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies and a subsidiary of EUSU Holdings, announced that OPUS Terminal had been successfully implemented at Qinzhou Automated Container Terminal, construc...
QUARK EXPEDITIONS OFFERS 45% SAVINGS AND OTHER HIGH-VALUE PERKS IN ESCAPE SALE
SEATTLE, Jan. 6, 2023 /PRNewswire/ -- Quark Expeditions, the global leader in polar adventures, has kicked off the new year by launching a robust Escape Sale with polar voyages reduced by up to 45%—plus a variety of guest benefits. "We're very excited about our recently-launched Escape Sale as it...
New market update: January 2023
GÖTEBORG, Sweden, Jan. 5, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available here. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global p...
The Maritime City of Fuzhou Pursuing Strong and Sustainable Development
FUZHOU, China, Jan. 5, 2023 /PRNewswire/ -- Recently, the promotional video of Fuzhou of Fujian Province, titled "What You Didn't Know about Fuzhou -- a Maritime City", was released through overseas social media accounts including "Paris Oriental Center", "Discover Fujian" and "Discover Fuzhou", ...
CMIC and Offshoretronic Jointly Develop and Commercialize the Monopiles Installation Scheme of Offshore Windfarms
HONG KONG, Jan. 4, 2023 /PRNewswire/ -- TSC Offshore Corporation ("TSC"), a wholly owned subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. ("CMIC") and Offshoretronic S.L. ("Offshoretronic") have signed a memorandum of understanding (MOU) to bring together the two important components of Offsho...
HD Hyundai Announces a New "Ocean Transformation" Vision
Capitalizing the Ocean's Potential to Realize a Sustainable Future * Kisun Chung, CEO of HD Hyundai announces core vision to drive "Ocean Transformation" * HD Hyundai aims to pioneer the ocean's infinite potential, expand human territory and lead sustainable growth * Top executives of partn...
United Safety Acquires Allsalt Maritime
This acquisition will bring together United Safety's specialty in preventing serious injury and death using advanced Active and Semi Active suspension systems and blast mitigation seating for military with Allsalt's world class expertise in shock and vibration mitigation systems for marine applic...
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...
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