Maritime/Shipbuilding
Term sheet with lending banks completed - Concordia Maritime signs agreements on new loan terms and conditions
GOTHENBURG, Sweden, Oct. 5, 2021 /PRNewswire/ -- Concordia Maritime has entered into binding agreements with lending banks regarding new loan terms and conditions for eight of the Company's ten P-MAX vessels. The new terms and conditions are valid until the end of Q4 2024. The new agreements are...
2021-10-05 19:08
1495
Over 41,000 Seafarers For Hire On Marine Online's Platform
SINGAPORE, Sept. 29, 2021 /PRNewswire/ -- The ongoing pandemic has badly aggravated the global crew change crisis since late 2019. The pool of available manpower is continuously contracting as employers prefer to hire vaccinated crew for safety precautions. That resulted in un-precedented rates o...
2021-09-29 08:02
1563
CHIMEI Completes The World's First Carbon-neutral Shipment of Butadiene
TAIPEI, Sept. 22, 2021 /PRNewswire/ -- To realize its "Clean & Green" environmental vision and in line with the global trends towards carbon reduction and neutrality, CHIMEI Corporation completed world's first carbon-neutral shipment of butadiene with its butadiene supplier Braskem. The ship...
2021-09-22 13:29
3335
Marine Online's Cash-To-Master Service Eases Onboard Cash Flow
SINGAPORE, Sept. 22, 2021 /PRNewswire/ -- Transiting through ports are all vessels' opportunities to execute inspections ensuring seaworthiness before resuming voyage, including replacing faulty parts and replenish supplies, even paying wages for crew's sign-off. These instances would require cas...
2021-09-22 08:02
2053
Over 150 industry leaders and organizations call for decisive government action to enable full decarbonization of international shipping by 2050
Signatories of the Call to Action for Shipping Decarbonization urge world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains. Now governments must deliver the policies that will supercharge ...
2021-09-22 07:30
3077
Xinhua Silk Road: Initiative unveiled at 2021 Silk Road Maritime International Cooperation Forum to maintain unimpeded supply chain
BEIJING, Sept. 20, 2021 /PRNewswire/ -- An initiative jointly launched by practitioners in global shipping and logistic industry was released recently at the 2021 Silk Road Maritime International Cooperation Forum held inXiamen of southeastChina's Fujian Province, aiming to jointly build a harmon...
2021-09-20 09:34
2987
The World Clean Earth Day Comes, Guangdong Quadrant Takes Actions
SHANTOU, China, Sept. 19, 2021 /PRNewswire/ -- The World Clean Earth Day, also known as the World Clean Day, set on the third weekend of September, is a global cleaning activity, initiated byAustralia's international environmental protection organization memberIan Keenan. It is an international s...
2021-09-19 09:30
2684
China Oceanic Development Foundation: Develop a sustainable aquaculture in Brunei: start with independent nursery of fingerlings
BEIJING, Sept. 14, 2021 /PRNewswire/ -- In the summer of 2016, Cherry Wei and her colleagues at Guangxi Hiseaton Foods Co Ltd arrived inBrunei to start new fishery business, setting up Hiseaton Fisheries Sdn Bhd. This was a response to the invitation ofBrunei government. "Earlier in the December ...
2021-09-14 19:28
1859
Xinhua Silk Road: 2021 Silk Road Maritime Brand Influence Parallel Forum held in Xiamen
BEIJING, Sept. 13, 2021 /PRNewswire/ -- The Brand Influence Parallel Forum of
the 2021Silk Road
2021-09-13 15:03
1980
The 14th China (Xiamen) International Boat Show will open on November 19th
XIAMEN, China, Sept. 10, 2021 /PRNewswire/ -- The 14th China (Xiamen) International Boat Show (hereinafter referred to as "Xiamen International Boat Show") will be grandly opened at Wuyuan Bay Yacht Harbor onNovember 19th. As one of the most important side events of the World Ocean Week in Xiamen...
2021-09-10 18:31
1533
Xinhua Silk Road: 2021 Silk Road Maritime International Cooperation Forum held in Xiamen to boost maritime co-op
BEIJING, Sept. 10, 2021 /PRNewswire/ -- The 2021 Silk Road Maritime
International Cooperation Forum kicked off Wednesday inXiamen of southeast
China's Fujian Province, offering opportunities for industry insiders to
exchange ideas on boosting maritime cooperation.
2021-09-10 17:49
2630
BAE Systems readies the Royal Navy's newest ships for global deployment
KUALA LUMPUR, Malaysia, Sept. 8, 2021 /PRNewswire/ -- HMS Tamar and HMS Spey have departed Portsmouth in advance of their historic deployment to the Indo-Pacific. During the deployment, BAE Systems' global deployed support team will maintain the vessels wherever operationally required. The arrang...
2021-09-08 13:00
2460
Sasser Family Companies Acquires Singapore-Based Intermodal Tank Container Lessor: Falcon Lease
SCHAUMBURG, Ill. and LONDON and SINGAPORE, Sept. 7, 2021 /PRNewswire/ -- Sasser Family Companies (Sasser) announced that it has finalized an agreement to acquireSingapore-based global container lessor Falcon Lease Holdings Pte Ltd and its group of companies. This acquisition expands Sasser's tr...
2021-09-07 07:55
2477
China Oceanic Development Foundation: Malaysian College Students Explore the "Lifeline" of Coastal Development in a Summer Camp in China
BEIJING, Sept. 2, 2021 /PRNewswire/ -- "I still remember the time we did sampling in the mangroves inXiamen, which were quite different from those growing inMalaysia due to temperature and precipitation differences. The mangroves were well-preserved, and served as a tourist attraction for the ci...
2021-09-06 09:01
1884
Veson Nautical Announces Acquisition of Data Solutions Product Oceanbolt
BOSTON, Sept. 1, 2021 /PRNewswire/ -- Veson Nautical, the global market leader for commercial maritime software, is proud to announce itsstrategic acquisition of Oceanbolt, a dynamic data solutions product for bulk commodity trade flow analysis and marine shipping intelligence. Oceanbolt's data ...
2021-09-01 16:00
2307
Concordia Maritime exercises purchase options and sells IMOIIMAX vessels
GÖTEBORG, Sweden, Aug. 31, 2021 /PRNewswire/ -- Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The net liquidity surplus from the transactions amounts to approximatelySEK 45 million. The tw...
2021-08-31 21:39
1730
China Oceanic Development Foundation: The Yellow Sea Stays Stable and Well - Results of the Environmental Cooperative Research between the Republic of Korea and China
BEIJING, Aug. 31, 2021 /PRNewswire/ -- The Yellow Sea Environmental Cooperative Research between the Republic of Korea andChina was conducted in early September 2020. The two sides sampled separately at 18 stations in their respective waters, carried out laboratory analysis and exchanged data,...
2021-08-31 13:29
1461
China Oceanic Development Foundation: Yin Ping- I am looking forward to more cooperation between China and Vietnam
BEIJING, Aug. 31, 2021 /PRNewswire/ -- Red River winds its way between mountains and rice paddies billow in the wind. In the beautifulRed River Delta, Yin Ping and her team are doing field explorations. "This is the perfect peat layer for dating. Take a sample here." She pointed to the sed...
2021-08-31 13:29
1611
Ship Supplies Available at Marine Online's B2B marketplace
SINGAPORE, Aug. 31, 2021 /PRNewswire/ -- Ship chandelling has been a vital part of the maritime industry, and an important responsibility. However, the pandemic reshaped the ship supply purchasing model, making e-Commerce the prevalent gateway to sustain suppliers' international reach.Marine Onli...
2021-08-31 08:02
1484
Marine Online's Rides On The Bullish Demolition Market
SINGAPORE, Aug. 30, 2021 /PRNewswire/ -- Ships are sent for demolition typically after between 15 and 20 years of usage. However, the pandemic's pressure has compelled some shipowners to sustain themselves by raising capital with early vessel scrapping – cashing in on attractive steel prices. The...
2021-08-30 15:02
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