Maritime/Shipbuilding
QYSEA's Innovative AI Vision Lock Platform Sets a New Standard for Underwater Drone Explorations
SHENZHEN, China, June 7, 2022 /PRNewswire/ -- The development and deployment of compact ROVs (remotely operated underwater vehicles) in recent years have immensely helped users overcome the greater technical difficulties and efficiency issues involving professional small-scale underwater tasks, ...
Clean Shipping: Berge Bulk and Kongsberg Maritime join forces to advance marine decarbonisation
* Berge Bulk and Kongsberg Maritime set up a joint development initiative to advance marine decarbonisation technologies. * The goal is to identify and test emerging decarbonisation technologies and advance the integration of emerging and existing technologies into deployable marine solutions...
First CLX96 SAV On Track To Make Its Asia Debut
HONG KONG, June 6, 2022 /PRNewswire/ -- CLX96 is the much anticipated new flagship of CL Yachts and represents the brand's reinvention of crossover yachts. Launched in December 2021, the first unit of CLX96 has recently completed a successful maiden sea trial and is now ready to wow the market w...
Market update: Strong tanker market due to sanctions and high demand for oil - Concordia Maritime
GÖTEBORG, Sweden, June 6, 2022 /PRNewswire/ -- The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and the full year 2021. At the end of May, average spot market earnings for an MR vessel (clean) was about$36...
TruCare(TM) - Maritime's First-mover Turbocharger Anomaly Detection and Predictive Maintenance-as-a-Service Digital Solution
Tru-Marine launches TruCare™ that transforms the technical management of marine turbocharger maintenance and repairs, contributing to circularity and sustainability SINGAPORE, June 3, 2022 /PRNewswire/ -- Tru-Marine is pleased to announce the commercial launch of TruCare™ - the marine sector's ...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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