Maritime/Shipbuilding

Prudent Shipping Investments closes financing for 2 modern Supramax bulk carriers valued at USD45mn

SINGAPORE, Sept. 14, 2022 /PRNewswire/ -- Prudent Shipping Investments (Prudent), aSingapore based Company, has today (14th September 2022) closed financing for 2 modern Supramax bulk carriers (a KHI58 and a Tsuneshi58) valued atUSD45mn. The senior debt was provided by a blue-chip Japanese finan...

2022-09-14 22:10 1609

ClimeCo Partners with Enaleia to Establish a Verra Plastic Collection Project in Kenya

BOYERTOWN, Pa., Sept. 14, 2022 /PRNewswire/ -- ClimeCo, a leader in the management and development of environmental commodities, has partnered with Enaleia to remove plastic pollution from vital fishing areas. Enaleia is a non-profit that engages coastal communities to collect plastic on land and ...

2022-09-14 21:48 1654

Xinhua Silk Road: Initiative released at 2022 Silk Road Maritime International Cooperation Forum to boost dev. of shipping logistics sector

BEIJING, Sept. 13, 2022 /PRNewswire/ -- An initiative was released on Friday at the 2022Silk Road Maritime International Cooperation Forum kicking off Thursday inXiamen, southeast China's Fujian Province, calling on shipping logistics firms to strive to maintain unimp...

2022-09-13 19:47 1705

Jizhou Port in China's Jizhou city boosts port and shipping logistics industry

JINING, China, Sept. 13, 2022 /PRNewswire/ -- A news report from GLOBAL TIMES ONLINE:  Jizhou Port in Rencheng district, Jining city, east China's Shandong Province , has made new strides in promoting the strategic development of the port and shipping logistics industry by fully leveraging the un...

2022-09-13 16:50 1607

Xinhua Silk Road: 2022 Silk Road Maritime International Cooperation Forum kicks off in E.China's Xiamen

BEIJING, Sept. 9, 2022 /PRNewswire/ -- The 2022 Silk Road Maritime International Cooperation Forum kicked off on Thursday inXiamen, east China's Fujian Province, where participants shared constructive opinions and suggestions on enhancing the brand influence of Silk Road Maritime. Focusing on ef...

2022-09-09 20:01 1926

Quark Expeditions Announces September Sale Offering 35% Discounts on Polar Voyages

SEATTLE, Sept. 9, 2022 /PRNewswire/ -- Quark Expeditions, the recognized Leader in Polar Adventures, has announced aSeptember Sale featuring discounts as high as 35% on polar voyages in its Antarctic 22/23 and Arctic 23 sailing seasons—plus a special additional savings for solo travelers. "We're...

2022-09-09 00:46 1837

GSTS Completes Funding Raise

HALIFAX, NS, Sept. 9, 2022 /PRNewswire/ -- Halifax-based Global Spatial Technology Solutions (GSTS), a leading provider of global maritime data and analytics, has completed a funding raise totaling$4.1M to enable the company to execute its growth strategy and prepare for scale up. For more inf...

2022-09-08 23:46 1494

Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry

HONG KONG, Sept. 8, 2022 /PRNewswire/ -- Clearbot , one of the leading ocean mobility startups, today announced it has closed on a seed funding round led by the Alibaba Hong Kong Entrepreneurs Fund (AEF), which is managed by Gobi Partners GBA, with participation fromCar...

2022-09-08 15:00 6131

Jan De Nul Group Chooses Iridium GMDSS

World leading dredging fleet to retrofit and install new builds with Iridium's Global Maritime Distress and Safety System HAMBURG, Germany, Sept. 5, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced thatJan De Nul Group, a leading maritime construction and civil eng...

2022-09-05 14:01 2573

Seadronix unveils All New NAVISS for smart ship at a global maritime exhibition

ULSAN, South Korea, Aug. 31, 2022 /PRNewswire/ -- Seadronix Corp., a leading developer of AI-powered solutions for smart ship navigation and port operation, has announced that it will be launching a new service this coming September at SMM 2022 (Maritime and Technology Fair & Exhibition inHamburg...

2022-08-31 15:00 1233

Xinhua Silk Road: E.China's Longkou Port unloads 700-unit deck cargo ship for LNG tank containers

BEIJING, Aug. 25, 2022 /PRNewswire/ -- Longkou Port of Yantai City in east China's Shandong Province has recently unloaded a large deck cargo ship for liquefied natural gas (LNG) tank containers, marking the ship's first time in operation on the "Longkou-Malaysia" route for LNG import. Measuring...

2022-08-25 14:55 1570

MARINE ONLINE REGISTERS US$150 MILLION IN REVENUE AS AT Q3 2022

SINGAPORE, Aug. 25, 2022 /PRNewswire/ -- Marine Online (Singapore) Pte Ltd registered its revenue atUS$150 million as at August 2022, eclipsing 2021's performance ofUS$6 million. While this tremendous improvement highlighted the company's resilience in the post-pandemic business landscape,Marine ...

2022-08-25 08:03 2020

Container xChange report: Average container prices and leasing rates decline in China amidst peak season shipping

* Average container prices halved from August 2021; leasing rates decline by 17% from June to July this year * China to Canada one-way leasing rates decline at the highest rate by 49 percent as compared toChina to any other country HAMBURG, Germany, Aug. 24, 2022 /PRNewswire/ -- Containerised...

2022-08-24 09:00 2752

Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

QINGDAO, China, Aug. 19, 2022 /PRNewswire/ -- At the 2022 Qingdao Land-Sea Linkage Seminar held onAugust 15, 2022, the International Shipping Hub Development Index -- RCEP Regional Report (2022), the Xinhua-SPG Port Commodity Index Report (2022), and the RCEP Seaborne Trade Index Report 2022 were...

2022-08-19 00:59 1490

Busy ports mirror China's economic pickup

BEIJING, Aug. 18, 2022 /PRNewswire/ -- A news report by People's Daily:  The Rugao port in east China's Jiangsu province is seeing a busy scene these days. Containers are constantly hoisted by travelling bridge cranes and various types of cargo are being unloaded from gigantic vessels in the wate...

2022-08-18 21:52 1262

Concordia Maritime: Interim report, 1 January-30 June 2022

GOTHENBURG, Sweden, Aug. 17, 2022 /PRNewswire/ --  Positive result and stronger market outlook * Total income Q2: SEK 180.8 (208.4) million HY1: SEK 304.9 (388.0) million * EBITDA Q2: SEK 102.7 (-16.7) million HY1: SEK 132.4 (-62.4) million * Result before tax Q2: SEK 36.5 (-88.4) million HY...

2022-08-17 19:55 2497

NBGD: Ningbo and Singapore, Two Port Cities with Close Ties

NINGBO, China, Aug. 10, 2022 /PRNewswire/ -- "Ningbo's goal of transforming into a modern coastal metropolis makes a lot of practical sense," saidLiu Thai Ker, aged 84, former master planner of the Urban Redevelopment Authority of Singapore and "Singapore's Father of City Planning". Liu had worke...

2022-08-11 09:39 2311

Invitation to presentation of Q2 2022

GÖTEBORG, Sweden, Aug. 9, 2022 /PRNewswire/ -- Concordia Maritime invites to teleconference/audio transmission on17 August 2022 at 15.00 CEST. The session will feature a presentation of the Q2 2022 interim report and a Q&A session.  Presiding:  Erik Lewenhaupt, CEO  Martin Nerfeldt, CFO  The aud...

2022-08-09 23:19 2209

M/V Riva Wind and M/V Arizona Both Sail from Ukraine with 105,000 Tons of Grain

Two Additional Ships Picking Up Grain in Russia JAKARTA, Indonesia, Aug. 9, 2022 /PRNewswire/ -- Harvest Commodities' ship, M/V Riva Wind, has departed from the Port ofOdessa, Ukraine with 50,000 tons of grain, and the second ship, M/V Arizona, has left the Port of Chornomorsk, Ukraine with 55,00...

2022-08-09 05:20 2733

Waterborne Trade in Rio South Texas

MISSION, Texas, Aug. 3, 2022 /PRNewswire/ -- The pandemic shook the global economy and yetthe United States maintained its trading prowess, according to the United Nations Conference on Trade and Development on Ocean Trade. In the United States, the State of Texas leads in international trade wit...

2022-08-03 19:00 1947
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