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...
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 ...
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
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...
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...
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...
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...
Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry
HONG KONG, Sept. 8, 2022 /PRNewswire/ -- Clearbot
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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