Maritime/Shipbuilding

Royal Caribbean Group First Cruise Company in US to Sail Using Renewable Diesel Fuel

Group partners with World Fuel Services for first bunkering of lower carbon fuel, a vital step in its Destination Net Zero decarbonization strategy LOS ANGELES, Oct. 29, 2022 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) became the first major cruise line operator to sail a cruise ship...

2022-10-29 02:57 11644

Coordinating 'Three Center' Development Dalian Goes Global from Northeast Asia

DALIAN, China, Oct. 25, 2022 /PRNewswire/ --  A news report from CRI Online: In the first nine months of 2022, the Dalian section of China Railway Express has operated well even in the face of difficulties. According to statistics released by Dalian JIYI Logistics Co., Ltd., the platform operator...

2022-10-25 15:39 2137

Construction of China's first standardized manufacturing base for new energy-powered inland ships starts in Jining

JINING, China, Oct. 17, 2022 /PRNewswire/ -- A report from GLOBAL TIMES ONLINE: Construction of Jining Energy Development Group Co., Ltd. (Jining Energy)'s project of manufacturing new energy-powered inland ships kicked off onOct. 11 in Zoucheng, a county-level city administered by Jining city, e...

2022-10-17 11:45 1685

2GO, DOTr renew call for PH transport modernization

MANILA, Philippines, Oct. 14, 2022 /PRNewswire/ -- 2GO Group, Inc. (2GO), the logistics arm of SM Investments Corporation, is echoing the call of the Department of Transportation (DOTr) for the modernization of maritime transport and logistics services in the country to boost efforts to reopen th...

2022-10-15 10:03 2720

Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation

SEOUL, South Korea, Oct. 11, 2022 /PRNewswire/ -- Hyundai Heavy Industries Group (HHI Group) speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a next-generation energy source, to large vessels. Korea Shipbuilding & Off...

2022-10-11 17:04 1289

Concordia Maritime's New market update: October 2022

* Historically firm crude- and product tanker rates * Firm vessel values * Low newbuilding ordering GOTHENBURG, Sweden, Oct. 7, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available atwww.concordiamaritime.com. In addition to commentary from CEO E...

2022-10-07 16:44 1726

Shipsy Launches Plug-and-Play Export-Import Logistics Management Platform for India's Burgeoning SME Community of Manufacturers, Shippers, and Freight Forwarders

Shipsy's industry-leading solution leverages integration with 64+ shipping lines, 300+ freight forwarders, an adapted network of 20,000+ global shippers, and 50+ 3PLs worldwide. It empowers Indian exporters and importers to: * Reduce cross-border logistics expenses * Track container shipments...

2022-10-06 18:58 2131

GSTS Selected to Enhance Maritime Risk Analysis Capability with Artificial Intelligence

HALIFAX, NS, Oct. 6, 2022 /PRNewswire/ -- Global Spatial Technology Solutions ("GSTS" or "the Company"), a Maritime Intelligence company today announced that it has been selected by the Canadian Space Agency (CSA) for a follow-on contract to further develop a novel Artificial Intelligence (AI) so...

2022-10-05 23:26 1330

XCMG New Port Machinery's High-end Intelligent Industrial Development Project Base Launches Production

XUZHOU, China, Sept. 27, 2022 /PRNewswire/ -- XCMG Machinery (SHE: 000425) port machinery high-end intelligent industrial development project new manufacturing base is fully put into operation, is expected to annual production capacity of 2,000 sets of port machinery, products include container r...

2022-09-27 18:43 2598

Brand building boosts coastal city development

RIZHAO, China, Sept. 22, 2022 /PRNewswire/ -- A report from chinadaily.com.cn: Rizhao, a coastal city in East China's Shandong province, is revving up efforts to revitalize the real economy and lead high-quality economic development by building up brands. The local government has been releasing ...

2022-09-23 09:54 1807

Leading shipping banks and marine insurers pave the way for 1.5-aligned emissions benchmarking

30 shipping banks and 16 marine insurance providers and brokers announce today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future. This new commitment will align the Poseidon Principles with the ambition of the UN and the latest available ...

2022-09-22 18:00 3709

Shipping taking promising first steps towards 2030 breakthrough goals on scalable zero emission fuels

New report points to significant progress on the 5% goal by industry, national governments, and positive developments at the IMO. NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The shipping industry is working towards full decarbonization by 2050 at the latest and last year anaction plan was launched...

2022-09-22 04:00 2539

IQAX wins Smart Supply Chain and Logistics Gold Chain Prize

IQAX picks up award for effective use of AI and machine learning Acclaim for IQAX Focus highlights need for cargo monitoring solution HONG KONG, Sept. 21, 2022 /PRNewswire/ -- IQAX Limited, a leading innovator of digital solutions for the logistics industry, is proud to announce that it has won ...

2022-09-21 14:20 1783

DP World wins latest judgement in Hong Kong Court over Djibouti concession

DP World has been in litigation with China Merchants Port Holdings in Hong Kong since 2019 over the unlawful interference with its rights inDjibouti. During this time, China Merchants has unsuccessfully sought to move the case to the courts ofDjibouti. Ruling means DP World can finally move to...

2022-09-21 04:53 3822

Crowley and Eastern Pacific Shipping Partner with Long-term Charters for Four LNG-Fueled Containership Newbuilds

The latest generation 1,400-TEU quartet reflects both organizations' commitment to the industry's clean energy transition JACKSONVILLE, Fla., Sept. 19, 2022 /PRNewswire/ -- U.S. shipping and logistics company Crowley has awardedSingapore-based Eastern Pacific Shipping (EPS) a contract for the ch...

2022-09-19 21:19 2184

Xinhua Silk Road: Silk Road Maritime important bond for boosting "dual circulation"

BEIJING, Sept. 19, 2022 /PRNewswire/ -- Since its launch by east China's Fujian Province in 2018, Silk Road  Maritime has been showing strong development momentum and resilience, becoming an important link in promoting the "dual circulation" of domestic and internation...

2022-09-19 16:40 3297

Xinhua Silk Road: Silk Road Maritime blue book 2021-2022 unveiled during Silk Road Maritime International Cooperation Forum

BEIJING, Sept. 19, 2022 /PRNewswire/ -- The blue book on the development of Silk Road  Maritime from 2021 to 2022 was unveiled at the 2022 Silk Road Maritime International Cooperation Forum kicking off last Thursday inXiamen, east China's Fujian Province.

2022-09-19 16:07 3595

Sale of three P-MAX vessels

GOTHENBURG, Sweden, Sept. 16, 2022 /PRNewswire/ -- In a strong tonnage market, Concordia Maritime has entered into an agreement for the sale of the three product tankers, Stena Primorsk, Stena Performance andStena Provence, all built in 2006 and of 65,200 dwt. The sale is expected to have a posit...

2022-09-16 18:48 1797

Food Pioneers Sophie's Bionutrients And NewFish Join Forces To Develop Dairy Alternatives From Microalgae

AMSTERDAM and AUCKLAND, New Zealand, Sept. 15, 2022 /PRNewswire/ -- Sophie's Bionutrients and NewFish®, two pioneers in the field of microalgae protein fermentation, with the support ofNew Zealand-based marine research powerhouse, Cawthron Institute, andNetherlands-based leading food university, ...

2022-09-15 15:55 6860

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 1783
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