Maritime/Shipbuilding
Term sheet with lending banks completed - Concordia Maritime signs agreements on new loan terms and conditions
GOTHENBURG, Sweden, Oct. 5, 2021 /PRNewswire/ -- Concordia Maritime has entered into binding agreements with lending banks regarding new loan terms and conditions for eight of the Company's ten P-MAX vessels. The new terms and conditions are valid until the end of Q4 2024. The new agreements are...
Over 41,000 Seafarers For Hire On Marine Online's Platform
SINGAPORE, Sept. 29, 2021 /PRNewswire/ -- The ongoing pandemic has badly aggravated the global crew change crisis since late 2019. The pool of available manpower is continuously contracting as employers prefer to hire vaccinated crew for safety precautions. That resulted in un-precedented rates o...
PAMNet, PABLO AIR's Real-Time Unmanned Mobility System, Wins Second Place at the AUVSI XCELLENCE Awards
INCHEON, South Korea, Sept. 27, 2021 /PRNewswire/ -- PABLO AIR, a company specializing in drone logistics solutions and services and a member of Born2Global Centre, won second place in the XCELLENCE in Operations category at theAUVSI XCELLENCE Awards hosted by the Association for Unmanned Vehicles...
Quark Expeditions' Guests to Become Part of Polar History on the Inaugural Voyage of Ultramarine
SEATTLE, Sept. 23, 2021 /PRNewswire/ -- Quark Expeditions, the global Leader in Polar Adventures, has confirmed that the inaugural voyage of its technologically-advanced shipUltramarine will be the highly-anticipated "Solar Eclipse 2021: Totality inAntarctica, with South Georgia and Falkland Isla...
CHIMEI Completes The World's First Carbon-neutral Shipment of Butadiene
TAIPEI, Sept. 22, 2021 /PRNewswire/ -- To realize its "Clean & Green" environmental vision and in line with the global trends towards carbon reduction and neutrality, CHIMEI Corporation completed world's first carbon-neutral shipment of butadiene with its butadiene supplier Braskem. The ship...
Marine Online's Cash-To-Master Service Eases Onboard Cash Flow
SINGAPORE, Sept. 22, 2021 /PRNewswire/ -- Transiting through ports are all vessels' opportunities to execute inspections ensuring seaworthiness before resuming voyage, including replacing faulty parts and replenish supplies, even paying wages for crew's sign-off. These instances would require cas...
Over 150 industry leaders and organizations call for decisive government action to enable full decarbonization of international shipping by 2050
Signatories of the Call to Action for Shipping Decarbonization urge world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains. Now governments must deliver the policies that will supercharge ...
Xinhua Silk Road: Initiative unveiled at 2021 Silk Road Maritime International Cooperation Forum to maintain unimpeded supply chain
BEIJING, Sept. 20, 2021 /PRNewswire/ -- An initiative jointly launched by practitioners in global shipping and logistic industry was released recently at the 2021 Silk Road Maritime International Cooperation Forum held inXiamen of southeastChina's Fujian Province, aiming to jointly build a harmon...
The World Clean Earth Day Comes, Guangdong Quadrant Takes Actions
SHANTOU, China, Sept. 19, 2021 /PRNewswire/ -- The World Clean Earth Day, also known as the World Clean Day, set on the third weekend of September, is a global cleaning activity, initiated byAustralia's international environmental protection organization memberIan Keenan. It is an international s...
MOF Finished the 5th Digital@Sea AP 2021 with Success
* Increasing participants from home and abroad despite COVID-19
* Contributing to international cooperation and the bond of sympathy for
maritime digitalization SEOUL, South Korea, Sept. 14, 2021 /PRNewswire/ --
China Oceanic Development Foundation: Develop a sustainable aquaculture in Brunei: start with independent nursery of fingerlings
BEIJING, Sept. 14, 2021 /PRNewswire/ -- In the summer of 2016, Cherry Wei and her colleagues at Guangxi Hiseaton Foods Co Ltd arrived inBrunei to start new fishery business, setting up Hiseaton Fisheries Sdn Bhd. This was a response to the invitation ofBrunei government. "Earlier in the December ...
Xinhua Silk Road: 2021 Silk Road Maritime Brand Influence Parallel Forum held in Xiamen
BEIJING, Sept. 13, 2021 /PRNewswire/ -- The Brand Influence Parallel Forum of
the 2021Silk Road
The 14th China (Xiamen) International Boat Show will open on November 19th
XIAMEN, China, Sept. 10, 2021 /PRNewswire/ -- The 14th China (Xiamen) International Boat Show (hereinafter referred to as "Xiamen International Boat Show") will be grandly opened at Wuyuan Bay Yacht Harbor onNovember 19th. As one of the most important side events of the World Ocean Week in Xiamen...
Xinhua Silk Road: 2021 Silk Road Maritime International Cooperation Forum held in Xiamen to boost maritime co-op
BEIJING, Sept. 10, 2021 /PRNewswire/ -- The 2021 Silk Road Maritime
International Cooperation Forum kicked off Wednesday inXiamen of southeast
China's Fujian Province, offering opportunities for industry insiders to
exchange ideas on boosting maritime cooperation.
BAE Systems readies the Royal Navy's newest ships for global deployment
KUALA LUMPUR, Malaysia, Sept. 8, 2021 /PRNewswire/ -- HMS Tamar and HMS Spey have departed Portsmouth in advance of their historic deployment to the Indo-Pacific. During the deployment, BAE Systems' global deployed support team will maintain the vessels wherever operationally required. The arrang...
Sasser Family Companies Acquires Singapore-Based Intermodal Tank Container Lessor: Falcon Lease
SCHAUMBURG, Ill. and LONDON and SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Sasser Family Companies (Sasser) announced that it has finalized an agreement to acquireSingapore-based global container lessor Falcon Lease Holdings Pte Ltd and its group of companies. This acquisition expands Sasser's tr...
China Oceanic Development Foundation: Malaysian College Students Explore the "Lifeline" of Coastal Development in a Summer Camp in China
BEIJING, Sept. 2, 2021 /PRNewswire/ -- "I still remember the time we did sampling in the mangroves inXiamen, which were quite different from those growing inMalaysia due to temperature and precipitation differences. The mangroves were well-preserved, and served as a tourist attraction for the ci...
PABLO AIR to Launch New York Drone Delivery PoC with EVA
INCHEON, South Korea, Sept. 3, 2021 /PRNewswire/ -- PABLO AIR, a company specializing in drone logistics solutions and delivery services and a member of Born2Global Centre, will take part in the development of a drone delivery service for use inthe United States. As a member of a consortium led by...
Veson Nautical Announces Acquisition of Data Solutions Product Oceanbolt
BOSTON, Sept. 1, 2021 /PRNewswire/ -- Veson Nautical, the global market leader for commercial maritime software, is proud to announce itsstrategic acquisition of Oceanbolt, a dynamic data solutions product for bulk commodity trade flow analysis and marine shipping intelligence. Oceanbolt's data ...
Concordia Maritime exercises purchase options and sells IMOIIMAX vessels
GÖTEBORG, Sweden, Aug. 31, 2021 /PRNewswire/ -- Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The net liquidity surplus from the transactions amounts to approximatelySEK 45 million. The tw...
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