Maritime/Shipbuilding

HD Hyundai's Avikus successfully conducts the world's first transoceanic voyage of a large merchant ship relying on autonomous navigation technologies

* On June 2, SK Shipping's super-large LNG carrier arrived at a South Korean port after a month-long transoceanic voyage. * The vessel equipped with HD Hyundai's Avikus-developed HiNAS 2.0, Level 2 autonomous navigation solution, was successfully operated over 10,000 km. * HiNAS 2.0 creates ...

2022-06-02 21:00 2381

Nippon Express (China) Launches BCP-compatible Solutions Utilizing Coastal Shipping

TOKYO, June 1, 2022 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of Nippon Express Holdings, Inc., has begun providing BCP-compatible solutions utilizing coastal shipping to/from the Greater Bay Area (*) in answer to a variety of restrictions being im...

2022-06-01 14:00 2916

Global Infrastructure Partners and Crowley Announce $300 Million Preferred Equity Investment

NEW YORK, May 31, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and Crowley Holdings today announced they have closed a$300 million preferred equity investment in Crowley Preferred Funding, LLC. The proceeds will fund key strategic capital and growth projects, including a greenfield j...

2022-05-31 19:00 2083

Wärtsilä and Anglo-Eastern reach major milestone in 'connecting ships' to improve safety and environmental sustainability

HELSINKI, May 31, 2022 /PRNewswire/ -- Wärtsilä Voyage, part of the technology group Wärtsilä, and ship manager Anglo-Eastern are proud to announce a significant milestone in their joint project to improve safety and environmental sustainability at sea. As ofApril 2022, more than 500 vessels in ...

2022-05-31 13:00 1729

ONE°15 Marina pushes ocean conservation with inaugural Blue Water EduFest in Singapore

* Partnered by Sentosa Development Corporation and International SeaKeepers Society Asia, the four-day event seeks to raise awareness about ocean conservation * Mr Desmond Lee, Minister for National Development and Minister-in-Charge of Social Services, will be the Guest of Honour. * Pro...

2022-05-30 10:00 2929

FiberHome Assists Philippines to Install The Marine Cable Network

MANILA, Philippines, May 27, 2022 /PRNewswire/ -- On May 26 2022, the vessel  Fenghua 21, owned by FiberHome Marine Network Equipment Co., Ltd., finished the cable landing successfully at north of Siargao Island. The completion of cable landing marks that FiberHome has fully delivered five seg...

2022-05-27 09:57 3315

RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence

BEIJING, May 23, 2022 /PRNewswire/ -- RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round ofUS$15 million, bringing it to approximatelyUS$35 million in total investment since its founding in 2017. This latest funding was led by Meituan,China's leading tech an...

2022-05-23 22:53 3637

A Journey to Hamburg, Germany: Vast Potential for Cooperation Explained

——Ningbo, Setting Sail to Embrace the World, an Extensive Global Cross-Media Journalism Campaign NINGBO, China, May 20, 2022 /PRNewswire/ -- A news reported from NBGD:  As the 50th anniversary of diplomatic relations between China and Germany approaches, the team ofNingbo, Setting Sail to Embrac...

2022-05-20 13:14 1923

World's first underwater bar opens to mark the launch of Hendrick's Neptunia Gin

World's most unusual gin Hendrick's has surprised in an unusual way with NEPTUNIA PUBMARINE, the first underwater bar in the world. Attendees enjoyed a gin-tonic underwater to the astonishment of sea animals and mermaids. * By the name of PUBMARINE,this exclusive immersive experience allows for...

2022-05-20 02:05 3550

MPC Container Ships ASA reports Q1 and three-month 2022 results

OSLO, Norway, May 19, 2022 /PRNewswire/ -- * Significantly improved operating revenues of USD 142.9 million and EBITDA of USD 137.7 million, up by 160% and 519%, respectively, compared to Q1 2021. * Quarterly recurring dividend of USD 0.13 per share declared for Q1 2022. * An additional event...

2022-05-19 14:11 3436

Quark Expeditions Returns to the Legendary Emperor Penguin Colony at Snow Hill

SEATTLE, May 18, 2022 /PRNewswire/ -- Quark Expeditions, the recognized Leader in Polar Adventures, has announced a much-awaited return to the rarely-visited emperor penguin colony at Snow Hill Island in the Weddell Sea ofAntarctica. The 14-dayEmperor Penguin Quest: Expedition to Snow Hill will h...

2022-05-18 23:44 2318

PINGTAN MARINE ENTERPRISE REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2021

Company to Hold Conference Call on Wednesday, May 18, 2022, at 8:30 AM ET FUZHOU, China, May 17, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced financial results for i...

2022-05-18 04:45 4230

Euro Tech Holdings Company Limited Reports 2021 Year-End Results

HONG KONG, May 16, 2022 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2021 ("Fiscal 2021"). The Company had net income of US$989,000 in Fiscal 2021, as compared to US$769,000 for the fiscal year ended ...

2022-05-16 18:30 2813

Royal Caribbean Group Unveils 2021 Seastainability Report

Report revamps Environmental, Social and Governance (ESG) Framework, highlights efforts to reduce emissions on ship and at port MIAMI, May 14, 2022 /PRNewswire/ -- Today Royal Caribbean Group (NYSE: RCL) released its 14th annual sustainability report, providing a comprehensive update on the comp...

2022-05-14 00:46 7632

Correction: Missing MAR reference in press release "Sale of Suezmax tanker Stena Supreme"

GÖTEBORG, Sweden, May 12, 2022 /PRNewswire/ -- Concordia Maritime publishes a correction of the press release "Sale of Suezmax tanker Stena Supreme" which was published today,11 May 2022 at 16:15 CEST. The correction refers to the fact that the mail version of the press release lacked a reference...

2022-05-12 06:37 1979

Sale of Suezmax tanker Stena Supreme: Concordia Maritime

GÖTEBORG, Sweden, May 12, 2022 /PRNewswire/ -- Concordia Maritime has entered into an agreement for the sale of the Suezmax tankerStena Supreme (158,000 dwt, built in 2012). Delivery is expected inJune 2022. Stena Supreme has been chartered* in by Concordia Maritime since 2016, under a sale and...

2022-05-12 06:33 1964

Golden Agri-Resources' chartering arm signs up to the Sea Cargo Charter

Golden-Agri Maritime becomes the 32nd Signatory to the global framework for aligning chartering activities with responsible environmental behavior SINGAPORE, May 11, 2022 /PRNewswire/ -- Specialising in palm oil shipping, Golden-Agri Maritime is the latest company to join the Sea Cargo Charter, a...

2022-05-11 11:51 2803

AG&P subsidiary, Gas Entec, completes conversion of Liquefied Natural Gas (LNG) carrier to build world's first operating Modular LNG Floating Storing Regasification (M-FSRU) Unit for KARMOL

* M-FSRU built with Gas Entec's standard, modular RegasTainer® technology delivers gas to Karpowership's 236 MW Floating Power Barge inSenegal, Africa * M-FSRU vital part of the first LNG-based floating power project in Africa SINGAPORE, May 9, 2022 /PRNewswire/ -- GAS Entec, a subsidiary of A...

2022-05-09 17:39 2042

Quark Expeditions Announces Start of its Arctic 2022 Season

SEATTLE, May 5, 2022 /PRNewswire/ -- Quark Expeditions, the global Leader in Polar Adventures, launched its Arctic 2022 season onMay 3, 2022, with a 7-day "Spitsbergen Highlights: Expedition in Brief" voyage. This much-awaited sailing also marked the inaugural Arctic voyage ofUltramarine, Quark E...

2022-05-06 00:41 2619

Interim report, 1 January-31 March 2022: Concordia Maritime

GÖTEBORG, Sweden, May 5, 2022 /PRNewswire/ --  Stronger product tanker market * Total income Q1:             SEK 124.1 (179.6) million               * EBITDA Q1:             SEK 29.7 (–45.7) million               * Result before tax Q1:             SEK –30.4 (–120.2) million               ...

2022-05-05 14:58 2048
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