Maritime/Shipbuilding
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...
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 ...
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 ...
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...
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 ...
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...
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...
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
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
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...
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, ...
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...
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