Maritime/Shipbuilding

Stena RoRo assisting MARAD in purchase of two vessels for Ready Reserve Force (RRF)

STOCKHOLM, March 25, 2022 /PRNewswire/ -- MARAD (United States Maritime Administration) has signed a contract for the purchase of two vessels. Crowley serves as vessel acquisition manager (responsible for contract implementation), andStena RoRo is part of Crowley's project team on the shipping an...

2022-03-25 04:25 1889

Holland & Knight Advises Swire Pacific Limited on the Pending Sale of its Worldwide Offshore Support Vessels Business to Tidewater Inc.

NEW YORK, March 18, 2022 /PRNewswire/ -- Holland & Knight is advising Swire Pacific Limited on the pending sale to Tidewater Inc. (NYSE: TDW) of its equity interests in its wholly-owned subsidiary, Swire Pacific Offshore Holdings Limited, aSingapore headquartered worldwide offshore support vessel...

2022-03-18 08:00 3791

ECA Group and iXblue enter exclusive negotiations period to create new European high-tech champion.

SAINT-GERMAIN-EN-LAYE, France and TOULON, France, March 15, 2022 /PRNewswire/ -- ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together. Carried out by Group Gorgé, this operation will lead to the rise of a European high-tech industrial champ...

2022-03-15 09:00 2622

ZIM to Launch ZIM eCommerce Baltimore eXpress (ZXB), a New Speedy eCommerce service from China and South-East Asia to the US East Coast

The New Service Expands ZIM's Speedy Premium Services for eCommerce Customers HAIFA, Israel, March 14, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd.  (NYSE: ZIM) announced today the launch of  ZIM Ecommerce Baltimore Express (ZXB), a new and speedy e-commerce ser...

2022-03-14 10:00 2738

CIMC helps HK battle pandemic by offering over 2,000 units of modular buildings

SHENZHEN, China, March 14, 2022 /PRNewswire/ -- CIMC Modular Building System will provide a total of 2,076 units of modular buildings to helpHong Kong fight against the COVID-19 pandemic. Modular transitional house being hoisted  

2022-03-14 07:27 3277

Ocean Winds, Aker Offshore Wind secure second Electric Business License for 1.2 GW floating offshore wind project in Ulsan, South Korea

OSLO, Norway, March 3, 2022 /PRNewswire/ -- Korea Floating Wind ("KF Wind"), the joint venture between Ocean Winds (66.7 percent) and Aker Offshore Wind (33.3 percent), has obtained its second Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea...

2022-03-03 17:05 2215

Sale of P-MAX tanker Stena President

GÖTEBORG, Sweden, March 3, 2022 /PRNewswire/ -- Concordia Maritime has entered into a contract for the sale of the P-MAX-vesselStena President (65,200 dwt, built in 2007). The buyer is a shipping company based inGreece. Delivery is scheduled inMarch 2022. The sale is expected to have a positive ...

2022-03-03 01:17 1980

Extensive Global Cross-Media Journalism Campaign "Ningbo, Setting Sail to Embrace the World" Launched in Ningbo, China

NINGBO, China, March 2, 2022 /PRNewswire/ -- On the morning of March 2, 2022 ( Beijing time), "Ningbo, Setting Sail to Embrace the World", a large-scale cross-media journalism campaign co-organized by NBGD, was officially launched. Fifteen renowned coastal cities and cities with profound histories...

2022-03-02 17:33 2217

Stena RoRo has built the world's largest civilian hospital ship - the Global Mercy is now calling Rotterdam

STOCKHOLM, Feb. 28, 2022 /PRNewswire/ -- From February 28 to March 14, the world's largest hospital ship, theGlobal Mercy, will be in Rotterdam. A momentous event forStena RoRo who, on behalf of the charity Mercy Ships, has been the project manager for the ship's construction since 2013. During h...

2022-02-28 15:10 1702

MPC Container Ships ASA reports Q4 and twelve-month 2021 results

-   Significantly improved operating revenues of USD 142.5 million and EBITDA of USD 162.7 million, up by 20% and 121%, respectively, compared to Q3 2021. -   Quarterly dividend of USD 0.11 per share (around USD 50m) declared for Q4 2021. -   Projected EBITDA backlog now in excess of USD 1.1 bill...

2022-02-24 16:06 1647

Shipsy To Set Up Regional HQ in Southeast Asia, Highlights Aggressive Hiring Plans in The Region

JAKARTA, Indonesia, Feb. 22, 2022 /PRNewswire/ -- Shipsy , a leading SaaS-based smart logistics management platform provider, will be setting up its regional headquarters (HQ) inIndonesia to strengthen its presence inSoutheast Asia (SEA). The regional HQ will enable the organi...

2022-02-22 15:00 2396

xChange Survey: Freight Forwarders turn to Shipper-owned containers to gain control of container supply amidst global shortage

* Three-Fold Rise in awareness and acceptance of Shipper Owned Containers (SOCs) among top 50 Freight Forwarders amidst increasing demurrage and detention charges, container shortages and supply chain uncertainties * Part of this report, a Q&A with Florian Braun, Head of Ocean Freight, EMEA, ...

2022-02-21 09:00 2812

Concordia Maritime: Year-End Report, 1 January-31 December 2021

GÖTEBORG, Sweden, Feb. 10, 2022 /PRNewswire/ --    Earnings affected by impairment * Total income Q4: SEK 151.2 (165.7) million Full year: SEK 704.8 (1,025.8) million * EBITDA Q4: SEK 36.6 (-4.6) million Full year: SEK -82.6 (277.8) million * Result before tax Q4: SEK -308.2 (-86.5) million ...

2022-02-10 20:39 2371

Aker Offshore Wind: Fourth-Quarter Results 2021

OSLO, Norway, Feb. 10, 2022 /PRNewswire/ -- Aker Offshore Wind today published results for the fourth quarter of 2021, which showed the offshore wind developer continuing to mature and expand its portfolio in key markets. "We continue to develop as a company; we just passed one key milestone in ...

2022-02-10 14:39 2604

Technical design study on conversion launched

GÖTEBORG, Sweden, Feb. 8, 2022 /PRNewswire/ -- Concordia Maritime has launched a technical design study together with Stena Teknik and a German consulting company specialising in ship design. The aim is to investigate the feasibility of converting and adapting a P-MAX vessel for container transpo...

2022-02-08 16:36 1620

Woolpert Acquires eTrac Inc., a Vessel-Based Hydrographic Survey Firm Headquartered in California

DAYTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- Woolpert has acquired eTrac Inc., a vessel-based hydrographic survey and marine technology firm that conducts custom and integrated marine services for projects across the U.S. and its territories. These services include collecting and processing hydrogr...

2022-02-03 22:05 3517

Vessel values written down by SEK 268 million

GÖTEBORG, Sweden, Feb. 3, 2022 /PRNewswire/ -- An impairment loss has been recognised after an overall assessment of the vessels' market value and their value in use. As a consequence of the prolonged tanker market weakness, these values are estimated to have declined. This assessment is also con...

2022-02-03 09:41 2540

Key information relating to the cash dividend to be paid by MPC Container Ships ASA

OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- Dividend amount: NOK 3.00 per share Declared currency: NOK Last day including right: 4 February 2022 Ex-date: 7 February 2022 Record date: 8 February 2022 Payment date: 10 February 2022 (on or about) Date of board resolution: 2 February 2022 This i...

2022-02-02 19:13 2165

MPC Container Ships ASA - Dividend of NOK 3.00 per share

OSLO, Norway, Feb. 2, 2022 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce that its board of directors has resolved to distribute a dividend of NOK 3.00 per share, in total NOK 1.33 billion, based on the Comp...

2022-02-02 18:42 2138

ASIA'S LARGEST, MOST ACTION-PACKED SHIP, SPECTRUM OF THE SEAS, TO ARRIVE EARLY IN SINGAPORE

International Guests can Sail on Royal Caribbean International's Popular Ocean Getaways as soon asApril 2022 SINGAPORE, Jan. 28, 2022 /PRNewswire/ -- Holidaymakers can now pack their bags fromApril 11, 2022 for the ultimate adventure on board Royal Caribbean International'sSpectrum of the Seas, ...

2022-01-28 09:55 3372
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