Maritime/Shipbuilding
CIMC Raffles delivers four intelligent cages, marking a milestone in marine fishery business
SHENZHEN, China, March 24, 2022 /PRNewswire/ -- Chinese offshore vessels and marine engineering equipment maker Yantai CIMC Raffles Offshore Limited (CIMC Raffles) has finished the installation of the first batch of four intelligent cages in the sea area of Nanhuangcheng Island of Yaitan, eastChi...
Holland & Knight Advises Swire Pacific Limited on the Pending Sale of its Worldwide Offshore Support Vessels Business to Tidewater Inc.
NEW YORK, March 18, 2022 /PRNewswire/ -- Holland & Knight is advising Swire Pacific Limited on the pending sale to Tidewater Inc. (NYSE: TDW) of its equity interests in its wholly-owned subsidiary, Swire Pacific Offshore Holdings Limited, aSingapore headquartered worldwide offshore support vessel...
ECA Group and iXblue enter exclusive negotiations period to create new European high-tech champion.
SAINT-GERMAIN-EN-LAYE, France and TOULON, France, March 15, 2022 /PRNewswire/ -- ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together. Carried out by Group Gorgé, this operation will lead to the rise of a European high-tech industrial champ...
ZIM to Launch ZIM eCommerce Baltimore eXpress (ZXB), a New Speedy eCommerce service from China and South-East Asia to the US East Coast
The New Service Expands ZIM's Speedy Premium Services for eCommerce Customers
HAIFA, Israel, March 14, 2022 /PRNewswire/ -- ZIM Integrated Shipping
Services Ltd.
CIMC helps HK battle pandemic by offering over 2,000 units of modular buildings
SHENZHEN, China, March 14, 2022 /PRNewswire/ -- CIMC Modular Building System
will provide a total of 2,076 units of modular buildings to helpHong Kong fight
against the COVID-19 pandemic.
Ocean Winds, Aker Offshore Wind secure second Electric Business License for 1.2 GW floating offshore wind project in Ulsan, South Korea
OSLO, Norway, March 3, 2022 /PRNewswire/ -- Korea Floating Wind ("KF Wind"), the joint venture between Ocean Winds (66.7 percent) and Aker Offshore Wind (33.3 percent), has obtained its second Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea...
Sale of P-MAX tanker Stena President
GÖTEBORG, Sweden, March 3, 2022 /PRNewswire/ -- Concordia Maritime has entered into a contract for the sale of the P-MAX-vesselStena President (65,200 dwt, built in 2007). The buyer is a shipping company based inGreece. Delivery is scheduled inMarch 2022. The sale is expected to have a positive ...
Extensive Global Cross-Media Journalism Campaign "Ningbo, Setting Sail to Embrace the World" Launched in Ningbo, China
NINGBO, China, March 2, 2022 /PRNewswire/ -- On the morning of March 2, 2022 ( Beijing time), "Ningbo, Setting Sail to Embrace the World", a large-scale cross-media journalism campaign co-organized by NBGD, was officially launched. Fifteen renowned coastal cities and cities with profound histories...
First carbon-neutral ocean technology company Caravelle to list on Nasdaq via SPAC
SHANGHAI, March 1, 2022 /PRNewswire/ -- Caravelle, a global carbon-neutral ocean-going technology company, has signed a letter of intent with Pacifico Acquisition Corp. (NASDAQ:PAFO) onDecember 31, 2021, EST. Caravelle will be expected to be listed on NASDAQ. At the same time, a number of private...
Stena RoRo has built the world's largest civilian hospital ship - the Global Mercy is now calling Rotterdam
STOCKHOLM, Feb. 28, 2022 /PRNewswire/ -- From February 28 to March 14, the world's largest hospital ship, theGlobal Mercy, will be in Rotterdam. A momentous event forStena RoRo who, on behalf of the charity Mercy Ships, has been the project manager for the ship's construction since 2013. During h...
MPC Container Ships ASA reports Q4 and twelve-month 2021 results
- Significantly improved operating revenues of USD 142.5 million and EBITDA of USD 162.7 million, up by 20% and 121%, respectively, compared to Q3 2021. - Quarterly dividend of USD 0.11 per share (around USD 50m) declared for Q4 2021. - Projected EBITDA backlog now in excess of USD 1.1 bill...
Shipsy To Set Up Regional HQ in Southeast Asia, Highlights Aggressive Hiring Plans in The Region
JAKARTA, Indonesia, Feb. 22, 2022 /PRNewswire/ -- Shipsy
xChange Survey: Freight Forwarders turn to Shipper-owned containers to gain control of container supply amidst global shortage
* Three-Fold Rise in awareness and acceptance of Shipper Owned Containers (SOCs) among top 50 Freight Forwarders amidst increasing demurrage and detention charges, container shortages and supply chain uncertainties * Part of this report, a Q&A with Florian Braun, Head of Ocean Freight, EMEA, ...
Concordia Maritime: Year-End Report, 1 January-31 December 2021
GÖTEBORG, Sweden, Feb. 10, 2022 /PRNewswire/ -- Earnings affected by impairment * Total income Q4: SEK 151.2 (165.7) million Full year: SEK 704.8 (1,025.8) million * EBITDA Q4: SEK 36.6 (-4.6) million Full year: SEK -82.6 (277.8) million * Result before tax Q4: SEK -308.2 (-86.5) million ...
Aker Offshore Wind: Fourth-Quarter Results 2021
OSLO, Norway, Feb. 10, 2022 /PRNewswire/ -- Aker Offshore Wind today published results for the fourth quarter of 2021, which showed the offshore wind developer continuing to mature and expand its portfolio in key markets. "We continue to develop as a company; we just passed one key milestone in ...
Technical design study on conversion launched
GÖTEBORG, Sweden, Feb. 8, 2022 /PRNewswire/ -- Concordia Maritime has launched a technical design study together with Stena Teknik and a German consulting company specialising in ship design. The aim is to investigate the feasibility of converting and adapting a P-MAX vessel for container transpo...
Woolpert Acquires eTrac Inc., a Vessel-Based Hydrographic Survey Firm Headquartered in California
DAYTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- Woolpert has acquired eTrac Inc., a vessel-based hydrographic survey and marine technology firm that conducts custom and integrated marine services for projects across the U.S. and its territories. These services include collecting and processing hydrogr...
Vessel values written down by SEK 268 million
GÖTEBORG, Sweden, Feb. 3, 2022 /PRNewswire/ -- An impairment loss has been recognised after an overall assessment of the vessels' market value and their value in use. As a consequence of the prolonged tanker market weakness, these values are estimated to have declined. This assessment is also con...
Key information relating to the cash dividend to be paid by MPC Container Ships ASA
OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- Dividend amount: NOK 3.00 per share Declared currency: NOK Last day including right: 4 February 2022 Ex-date: 7 February 2022 Record date: 8 February 2022 Payment date: 10 February 2022 (on or about) Date of board resolution: 2 February 2022 This i...
MPC Container Ships ASA - Dividend of NOK 3.00 per share
OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce that its board of directors has resolved to distribute a dividend of NOK 3.00 per share, in total NOK 1.33 billion, based on the Comp...
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