Maritime/Shipbuilding
Havfram Wind signs contract with RWE for turbine transport and installation support for Nordseecluster offshore wind projects
OSLO, Norway, Dec. 13, 2023 /PRNewswire/ -- As anticipated in the preferred supplier agreement announced onApril 13th, 2023, Havfram and RWE have signed a contract for the transportation and installation of turbines for RWE's Nordseecluster projects. The projects combine four wind farm sites in t...
Xinhua Silk Road: E China's Longkou City sees booming marine economy
BEIJING, Dec. 13, 2023 /PRNewswire/ -- Longkou City, east China's Shandong Province, has seen the thriving marine economy recently since a marine high-tech industry development zone was approved to be established in August this year. This measure will promote the development of marine industries...
Largest industry gathering at COP28 set out plans to deliver a net zero future
DUBAI, UAE, Dec. 12, 2023 /PRNewswire/ -- Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit on 10 December, a course was set to deliver on the International Maritime Organization's (IMO) net zero strategy. The industry initiative broug...
Statement from the Independent Bid Committee of Concordia Maritime regarding the public offer from Stena Sessan
GOTHENBURG, Sweden, Dec. 12, 2023 /PRNewswire/ -- This statement is made by the Independent Bid Committee (the "Committee") of Concordia Maritime AB (publ) (the "Company" or "Concordia Maritime") pursuant to section II.19 of Nasdaq Stockholm's Takeover rules (the "Takeover rules"). The Committee ...
New market update: December 2023
GOTHENBURG, Sweden, Dec. 8, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...
Installation of Dragon 12 seabed anchor completed successfully
GOTHENBURG, Sweden, Dec. 7, 2023 /PRNewswire/ -- Minesto, leading developer of ocean energy, has today successfully completed the installation of a drilled and grouted seabed anchor solution for theDragon 12, at the company's production site offshore in Vestmannasund,Faroe Islands. The installati...
Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO
Blue World Technologies is on a voyage towards supporting net-zero shipping and with Maersk's venture arm and EIFO participating in a financing round, the company has taken yet another step towards providing multi-megawatt fuel cell solutions. AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today...
Iridium Launches GMDSS Academy
MCLEAN, Va., Dec. 5, 2023 /PRNewswire/ -- Iridium Communications Inc.(NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the launch of the Iridium® Global Maritime Distress and Safety System Academy (GMDSS Academy). Providing curricula specific to...
Seaspan Corporation enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels
VANCOUVER, BC, Dec. 5, 2023 /PRNewswire/ -- Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in partnership with...
Fortescue's Green Pioneer arrives in Dubai for COP28
* In just 18 months the green ammonia capable ship has been converted to run in dual-fuel mode as it moves away from fossil fuels. * Fortescue calls on all ports to license green ammonia loading and fuel around the world, facilitating pollution free shipping. * Imagery can be accessed via ...
ZPMC Introduces 14 New Products and Technologies at 2023 Smart Equipment & Technology Forum
* Global Port and Shipping Experts Gather in Guangzhou, China to Discuss Industry Development SHANGHAI, Dec. 1, 2023 /PRNewswire/ -- The highly anticipated2023 ZPMC Smart Equipment and Technology Forum was held in Guangzhou . The event drew participation from over 400 experts in the field of por...
Maritime Silk Road hub Wenzhou taps BRI opportunities with global peers
WENZHOU, China, Dec. 1, 2023 /PRNewswire/ -- The vast sea is boundless, but for hundreds of years, countless people's exploration across the ocean has presented a more complete and fuller world to the public, and has further promoted global economic, trade and cultural exchanges. During the mari...
Environmental resilience a critical concern for major Asian cities
* Singapore is the highest ranked global Asian city for overall resilience, placing 4th out of 25 * Most flood-vulnerable cities are lower and upper middle-income cities in Asia-Pacific, such as Bangkok, Dhaka and Jakarta. * Dhaka, Jakarta and New Delhi among the least prepared cities based ...
Shanghai FTZ's Lingang new area sees fruitful results of opening up
BEIJING, Dec. 1, 2023 /PRNewswire/ -- A report from People's Daily: On Nov. 5, 2018, Chinese President Xi Jinping announced at the opening ceremony of the first China International Import Expo thatChina would expand the China (Shanghai ) Pilot Free Trade Zone (FTZ) to include a new section. Since...
HADALX Shen Kuo Research Vessel: Deep Sea Expedition Open Day & Exhibition
First docking in Hong Kong, display of HADALX Manned Submersible and 6,000-metre Manned Submersible modelto the public Embark on a Fascinating Ocean Exploration Adventure HONG KONG, Nov. 30, 2023 /PRNewswire/ -- For thousands of years, the vast oceans have attracted human exploration. In recent...
Xinhua Silk Road: Global conference held in Guangzhou's Nansha District sees fruitful achievements on climate investment, financing
BEIJING, Nov. 23, 2023 /PRNewswire/ -- The just-concluded 2023 Pearl Bay International Climate Investment and Financing Conference witnessed fruitful achievements, whileGuangzhou's Nansha District, in collaboration with 11 entities, established the Pearl River Delta (Nansha) Climate Investment an...
Conference to be held in Maritime Silk Road hub Wenzhou to promote peer city exchanges
WENZHOU, China, Nov. 22, 2023 /PRNewswire/ -- As a move to mark the tenth anniversary of the Belt and Road Initiative (BRI) this year, the 2023 Mayors Exchange Conference on Maritime Silk Road City Influence will be held from November 24-25 in coastal city Wenzhou in east China's Zhejiang Province...
Havfram signs Green ECA Term Loan Facility to fully finance newbuilding programme
OSLO, Norway, Nov. 21, 2023 /PRNewswire/ -- Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles. The Facility was entered into with a syndicate led by ...
The 8th Maritime Silk Road (Fuzhou) International Tourism Festival Kicks Off in Fuzhou, Fujian Province
FUZHOU, China, Nov. 17, 2023 /PRNewswire/ -- The 8th Maritime Silk Road (Fuzhou ) International Tourism Festival kicked off inFuzhou, Fujian Province, China on 17th November. The festival inFuzhou is sponsored by the Ministry of Culture and Tourism ofthe People's Republic of China and the People's...
Concordia Maritime: Interim report, 1 January-30 September 2023
GOTHENBURG, Sweden., Nov. 15, 2023 /PRNewswire/ -- Sale and delivery of two vessels - in a turbulent world Total income Q3: SEK 20.7 (118.2) million 9 months: SEK 231.1 (423.1) million EBITDA Q3: SEK -6.4 (38.0) million 9 months: SEK 103.4 (170.4) million Result before tax Q3: SEK -21.8 (-22.8) ...
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