Maritime/Shipbuilding
Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation
* KSOE signed a consortium agreement to demonstrate fuel cells for ships Shell, Doosan Fuel Cell, HyAxiom, and DNV. * The LNG carrier installed with Solid Oxide Fuel Cell will perform its demonstration on the actual trade route in 2025 for one year. * "This demonstration is expected to preoc...
2022-10-11 20:00
1110
Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation
SEOUL, South Korea, Oct. 11, 2022 /PRNewswire/ -- Hyundai Heavy Industries Group (HHI Group) speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a next-generation energy source, to large vessels. Korea Shipbuilding & Off...
2022-10-11 17:04
1266
Concordia Maritime's New market update: October 2022
* Historically firm crude- and product tanker rates * Firm vessel values * Low newbuilding ordering GOTHENBURG, Sweden, Oct. 7, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available atwww.concordiamaritime.com. In addition to commentary from CEO E...
2022-10-07 16:44
1696
Shipsy Launches Plug-and-Play Export-Import Logistics Management Platform for India's Burgeoning SME Community of Manufacturers, Shippers, and Freight Forwarders
Shipsy's industry-leading solution leverages integration with 64+ shipping lines, 300+ freight forwarders, an adapted network of 20,000+ global shippers, and 50+ 3PLs worldwide. It empowers Indian exporters and importers to: * Reduce cross-border logistics expenses * Track container shipments...
2022-10-06 18:58
2101
GSTS Selected to Enhance Maritime Risk Analysis Capability with Artificial Intelligence
HALIFAX, NS, Oct. 6, 2022 /PRNewswire/ -- Global Spatial Technology Solutions ("GSTS" or "the Company"), a Maritime Intelligence company today announced that it has been selected by the Canadian Space Agency (CSA) for a follow-on contract to further develop a novel Artificial Intelligence (AI) so...
2022-10-05 23:26
1319
XCMG New Port Machinery's High-end Intelligent Industrial Development Project Base Launches Production
XUZHOU, China, Sept. 27, 2022 /PRNewswire/ -- XCMG Machinery (SHE: 000425) port machinery high-end intelligent industrial development project new manufacturing base is fully put into operation, is expected to annual production capacity of 2,000 sets of port machinery, products include container r...
2022-09-27 18:43
2553
Brand building boosts coastal city development
RIZHAO, China, Sept. 22, 2022 /PRNewswire/ -- A report from chinadaily.com.cn: Rizhao, a coastal city in East China's Shandong province, is revving up efforts to revitalize the real economy and lead high-quality economic development by building up brands. The local government has been releasing ...
2022-09-23 09:54
1787
Leading shipping banks and marine insurers pave the way for 1.5-aligned emissions benchmarking
30 shipping banks and 16 marine insurance providers and brokers announce today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future. This new commitment will align the Poseidon Principles with the ambition of the UN and the latest available ...
2022-09-22 18:00
3665
Shipping taking promising first steps towards 2030 breakthrough goals on scalable zero emission fuels
New report points to significant progress on the 5% goal by industry, national governments, and positive developments at the IMO. NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The shipping industry is working towards full decarbonization by 2050 at the latest and last year anaction plan was launched...
2022-09-22 04:00
2505
IQAX wins Smart Supply Chain and Logistics Gold Chain Prize
IQAX picks up award for effective use of AI and machine learning Acclaim for IQAX Focus highlights need for cargo monitoring solution HONG KONG, Sept. 21, 2022 /PRNewswire/ -- IQAX Limited, a leading innovator of digital solutions for the logistics industry, is proud to announce that it has won ...
2022-09-21 14:20
1759
DP World wins latest judgement in Hong Kong Court over Djibouti concession
DP World has been in litigation with China Merchants Port Holdings in Hong Kong since 2019 over the unlawful interference with its rights inDjibouti. During this time, China Merchants has unsuccessfully sought to move the case to the courts ofDjibouti. Ruling means DP World can finally move to...
2022-09-21 04:53
3777
Crowley and Eastern Pacific Shipping Partner with Long-term Charters for Four LNG-Fueled Containership Newbuilds
The latest generation 1,400-TEU quartet reflects both organizations' commitment to the industry's clean energy transition JACKSONVILLE, Fla., Sept. 19, 2022 /PRNewswire/ -- U.S. shipping and logistics company Crowley has awardedSingapore-based Eastern Pacific Shipping (EPS) a contract for the ch...
2022-09-19 21:19
2136
Xinhua Silk Road: Silk Road Maritime important bond for boosting "dual circulation"
BEIJING, Sept. 19, 2022 /PRNewswire/ -- Since its launch by east China's Fujian
Province in 2018, Silk Road
2022-09-19 16:40
3249
Xinhua Silk Road: Silk Road Maritime blue book 2021-2022 unveiled during Silk Road Maritime International Cooperation Forum
BEIJING, Sept. 19, 2022 /PRNewswire/ -- The blue book on the development of
Silk Road
2022-09-19 16:07
3555
Sale of three P-MAX vessels
GOTHENBURG, Sweden, Sept. 16, 2022 /PRNewswire/ -- In a strong tonnage market, Concordia Maritime has entered into an agreement for the sale of the three product tankers, Stena Primorsk, Stena Performance andStena Provence, all built in 2006 and of 65,200 dwt. The sale is expected to have a posit...
2022-09-16 18:48
1761
Food Pioneers Sophie's Bionutrients And NewFish Join Forces To Develop Dairy Alternatives From Microalgae
AMSTERDAM and AUCKLAND, New Zealand, Sept. 15, 2022 /PRNewswire/ -- Sophie's Bionutrients and NewFish®, two pioneers in the field of microalgae protein fermentation, with the support ofNew Zealand-based marine research powerhouse, Cawthron Institute, andNetherlands-based leading food university, ...
2022-09-15 15:55
6825
Prudent Shipping Investments closes financing for 2 modern Supramax bulk carriers valued at USD45mn
SINGAPORE, Sept. 14, 2022 /PRNewswire/ -- Prudent Shipping Investments (Prudent), aSingapore based Company, has today (14th September 2022) closed financing for 2 modern Supramax bulk carriers (a KHI58 and a Tsuneshi58) valued atUSD45mn. The senior debt was provided by a blue-chip Japanese finan...
2022-09-14 22:10
1765
ClimeCo Partners with Enaleia to Establish a Verra Plastic Collection Project in Kenya
BOYERTOWN, Pa., Sept. 14, 2022 /PRNewswire/ -- ClimeCo, a leader in the management and development of environmental commodities, has partnered with Enaleia to remove plastic pollution from vital fishing areas. Enaleia is a non-profit that engages coastal communities to collect plastic on land and ...
2022-09-14 21:48
1884
Xinhua Silk Road: Initiative released at 2022 Silk Road Maritime International Cooperation Forum to boost dev. of shipping logistics sector
BEIJING, Sept. 13, 2022 /PRNewswire/ -- An initiative was released on Friday at
the 2022Silk Road
2022-09-13 19:47
2178
Jizhou Port in China's Jizhou city boosts port and shipping logistics industry
JINING, China, Sept. 13, 2022 /PRNewswire/ -- A news report from GLOBAL TIMES ONLINE: Jizhou Port in Rencheng district, Jining city, east China's Shandong Province , has made new strides in promoting the strategic development of the port and shipping logistics industry by fully leveraging the un...
2022-09-13 16:50
1791
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