Maritime/Shipbuilding
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
2840
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
2906
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
2123
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
2954
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
1895
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
1648
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
1846
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
1675
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
1456
'Tas Global' commercializes world's first hull cleaning robot system
SEOUL, South Korea, Aug. 25, 2021 /PRNewswire/ -- "We have commercialized an economical and environment-friendly underwater robot cleaning system for the first in the world." Awarded the new technology representative certification in the mechanics field by the Ministry of Trade, Industry and Ener...
2021-08-25 08:00
2114
ePropulsion Opens Hong Kong Office to Strengthen GBA-wide Engineering Capabilities
HONG KONG, Aug. 19, 2021 /PRNewswire/ -- ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, is opening an office inHong Kong to strengthen its research and development (R&D) capabilities. The new facility will support ePropulsion's growth as an ...
2021-08-19 16:30
1934
MPC Container Ships ASA reports Q2 and six-month 2021 results
OSLO, Norway, Aug. 19, 2021 /PRNewswire/ -- * Significantly improved operating revenues by 25 percent and EBITDA by 43 percent compared to Q1 2021. * Revised FY 2021 guidance based on current market developments. * Continued high chartering activity in Q2 2021 bringing the EBITDA backlog t...
2021-08-19 15:49
2665
APRIL Group Goes Live Remotely with CyberLogitec's OPUS Terminal
SEOUL, South Korea, Aug. 17, 2021 /PRNewswire/ -- CyberLogitec, the leading provider of maritime, port/terminal, and logistics operations technologies, announced today that Asia Pacific Resources International Holdings Limited (APRIL Group), has successfully deployed OPUS Terminal - CyberLogitec'...
2021-08-17 09:34
2949
Concordia Maritime: Interim report, 1 January-30 June 2021
GOTHENBURG, Sweden, Aug. 12, 2021 /PRNewswire/ -- Continued weak market * Total income Q2: SEK 208.4 (300.7) million HY1: SEK 388.0 (649.4) million * EBITDA Q2: SEK –16.7 (114.1) million HY1: SEK –62.4 (237.3) million * Result before tax Q2: SEK –88.4 (28.3) million HY1: SEK –208.6 (57.3) m...
2021-08-12 19:47
19054
MPC Container Ships ASA completes acquisition of Songa Container AS
OSLO, Norway, Aug. 10, 2021 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company") today announces that it has completed its acquisition of Songa Container AS ("Songa") pursuant to the share purchase agreement to acquire 100% of the shares in Songa for a total value ofUSD 210.25 millio...
2021-08-10 01:02
36148
Invitation to Teleconference/Audio Transmission
GOTHENBURG, Sweden, Aug. 9, 2021 /PRNewswire/ -- The Interim Report for Q2 2021 (publishedAugust 12 2021) will be presented and questions answered. Presiding: Kim Ullman, CEO Martin Nerfeldt, CFO The teleconference will be available at: SE: +46856642705 UK: +443333009266 US: +16467224902 To ac...
2021-08-09 14:12
1883
Windward to Enhance Shell's Trade Compliance Processes
With an industry shift towards digitalization underway, major energy companies are integrating Windward's Predictive Intelligence platform to enhance business practices LONDON, Aug. 5, 2021 /PRNewswire/ -- Shell International Trading and Shipping Company Limited is to integrate Windward's propri...
2021-08-05 19:00
1966
Crowley & Stena RoRo to assist United States Maritime Administration (MARAD) in acquiring vessels for their Ready Reserve Force (RRF)
STOCKHOLM, Aug. 5, 2021 /PRNewswire/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).Stena RoRo is included in Crowley's project team, together with Serco and LCE (...
2021-08-05 00:33
1570
Iridium announces partnership with Canadian Coast Guard
MCLEAN, Va., Aug. 4, 2021 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that theCanadian Coast Guard has adopted Iridium Certus® connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus™ Thales VesseLINK™ 700...
2021-08-04 20:01
11206
Never Limited To Only Big Carriers With Marine Online
SINGAPORE, July 27, 2021 /PRNewswire/ -- Ever since the Suez Canal blockage, the world supply chain today struggles with finding vessels for their consignments and exorbitant rates to secure space. However, cargo owners need not limit themselves to their existing network of vessels by their tradi...
2021-07-27 15:08
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