Maritime/Shipbuilding
Pingtan Marine Enterprise Ltd. Receives Nasdaq Notice of Additional Delinquency
FUZHOU, China, Aug. 26, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced that it has received an additional delinquency notification letter from the Listing Qualifications Staff (...
'Tas Global' commercializes world's first hull cleaning robot system
SEOUL, South Korea, Aug. 25, 2021 /PRNewswire/ -- "We have commercialized an economical and environment-friendly underwater robot cleaning system for the first in the world." Awarded the new technology representative certification in the mechanics field by the Ministry of Trade, Industry and Ener...
ePropulsion Opens Hong Kong Office to Strengthen GBA-wide Engineering Capabilities
HONG KONG, Aug. 19, 2021 /PRNewswire/ -- ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, is opening an office inHong Kong to strengthen its research and development (R&D) capabilities. The new facility will support ePropulsion's growth as an ...
MPC Container Ships ASA reports Q2 and six-month 2021 results
OSLO, Norway, Aug. 19, 2021 /PRNewswire/ -- * Significantly improved operating revenues by 25 percent and EBITDA by 43 percent compared to Q1 2021. * Revised FY 2021 guidance based on current market developments. * Continued high chartering activity in Q2 2021 bringing the EBITDA backlog t...
PowerX Announces Its Business to Innovate Power Storage and Transmission with "Power Transfer Vessels" and In-house Battery Manufacturing
TOKYO, Aug. 18, 2021 /PRNewswire/ -- Founded with a vision to change how the world consumes and transfers renewable energy, PowerX today announces its business to innovate power storage and transmission by developing a Power Transfer Vessel to carry electricity from offshore wind farms to shore a...
APRIL Group Goes Live Remotely with CyberLogitec's OPUS Terminal
SEOUL, South Korea, Aug. 17, 2021 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies, announced today that Asia Pacific Resources International Holdings Limited (APRIL Group), has successfully deployed OPUS Terminal - CyberLogitec'...
Concordia Maritime: Interim report, 1 January-30 June 2021
GOTHENBURG, Sweden, Aug. 12, 2021 /PRNewswire/ -- Continued weak market * Total income Q2: SEK 208.4 (300.7) million HY1: SEK 388.0 (649.4) million * EBITDA Q2: SEK –16.7 (114.1) million HY1: SEK –62.4 (237.3) million * Result before tax Q2: SEK –88.4 (28.3) million HY1: SEK –208.6 (57.3) m...
MPC Container Ships ASA completes acquisition of Songa Container AS
OSLO, Norway, Aug. 10, 2021 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company") today announces that it has completed its acquisition of Songa Container AS ("Songa") pursuant to the share purchase agreement to acquire 100% of the shares in Songa for a total value ofUSD 210.25 millio...
Invitation to Teleconference/Audio Transmission
GOTHENBURG, Sweden, Aug. 9, 2021 /PRNewswire/ -- The Interim Report for Q2 2021 (publishedAugust 12 2021) will be presented and questions answered. Presiding: Kim Ullman, CEO Martin Nerfeldt, CFO The teleconference will be available at: SE: +46856642705 UK: +443333009266 US: +16467224902 To ac...
Windward to Enhance Shell's Trade Compliance Processes
With an industry shift towards digitalization underway, major energy companies are integrating Windward's Predictive Intelligence platform to enhance business practices LONDON, Aug. 5, 2021 /PRNewswire/ -- Shell International Trading and Shipping Company Limited is to integrate Windward's propri...
Crowley & Stena RoRo to assist United States Maritime Administration (MARAD) in acquiring vessels for their Ready Reserve Force (RRF)
STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).Stena RoRo is included in Crowley's project team, together with Serco and LCE (...
PABLO AIR Expands U.S. Drone Delivery Business
INCHEON, South Korea, Aug. 4, 2021 /PRNewswire/ -- PABLO AIR, a company
specializing in drone logistics solutions and delivery services and a member of
Born2Global Centre, has collaborated with local American companies to expand
its business in drone delivery inthe United States.
Iridium announces partnership with Canadian Coast Guard
MCLEAN, Va., Aug. 4, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that theCanadian Coast Guard has adopted Iridium Certus® connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus™ Thales VesseLINK™ 700...
Never Limited To Only Big Carriers With Marine Online
SINGAPORE, July 27, 2021 /PRNewswire/ -- Ever since the Suez Canal blockage, the world supply chain today struggles with finding vessels for their consignments and exorbitant rates to secure space. However, cargo owners need not limit themselves to their existing network of vessels by their tradi...
Marine Online's Proven Track Record in Second Hand Markets
SINGAPORE, July 26, 2021 /PRNewswire/ -- Newbuildings though are popular because of lowered rates, major carriers remain hesitant due to the industry's volatile movements. With dry bulk market expected to recover, second hand vessels are certainly safer approaches. Marine Online's expertise in ve...
China Oceanic Development Foundation - Learning about Ocean, Working at Sea: The Story of the ASEAN-China Smart Ocean Center
BEIJING, July 23, 2021 /PRNewswire/ -- "I will never forget the moment when I set foot inTianjin University. The time I spent in Tianjin University was an important episode of my life through which I harvested knowledge and friendship. Even though affected by the Covid-19 epidemic in 2020, we sti...
China Oceanic Development Foundation: GOOD APP, A Free and High Quality Ocean Environment Forecasting Product
BEIJING, July 23, 2021 /PRNewswire/ -- There are many weather forecast APPs through which we can learn how the weather will change in the coming days. Is there an APP to forecast the ocean environment. Global Ocean on Desk (GOOD) mobile APP makes it possible for people all over the world. GOOD A...
China Oceanic Development Foundation: Captain Yin Long and his tales of life at sea
BEIJING, July 23, 2021 /PRNewswire/ -- Before going to university, Yin Long, born in an inland province in northernChina, had never seen the sea. With the curiosity and vision for the sea, he applied for the major about ship maneuvering of Jimei Nautical Institute (now the Navigation Institute of ...
Stena RoRo has placed orders for the construction of new E-Flexer ships numbered 11 and 12
STOCKHOLM, July 22, 2021 /PRNewswire/ -- Stena RoRo has ordered two new ships from the Chinese shipyard CMI Jinling (Weihai). These are the 11th and 12th Stena E-Flexer vessels in the RoPax class developed byStena RoRo and delivery is slated for 2024 and 2025. At the same time, long-term charter ...
Stena RoRo orders its tenth E-Flexer RoPax ferry
STOCKHOLM, July 21, 2021 /PRNewswire/ -- Stena RoRo is pleased to have executed a new charter agreement with Marine Atlantic, a Canadian federal Crown corporation. As a result, Stena has ordered its tenth E-Flexer vessel from the CMI Jinling (Weihai) shipyard. The ship, when delivered, will run i...
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