Maritime/Shipbuilding
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 ...
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 ...
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...
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...
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...
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...
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...
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, ...
MPC Container Ships ASA publishes container market and operational update
OSLO, Norway, Jan. 19, 2022 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce the following market and company update and measures taken to implement the Company's distribution plan. The update includes the fo...
CREWING ONLINE'S GLOBAL SEAFARER SALARY INDEX (GSSI) OFFERS CREW A GOOD SALARY REFERENCE
SINGAPORE, Jan. 17, 2022 /PRNewswire/ -- Seafaring as a career option has been significantly diluted by the ongoing pandemic. Global news coverage revolving around the crew change crisis and related issues resulted in many aspiring seafarers re-evaluate their decisions. As a first step to entice ...
Sale of P-MAX vessel, in line with bank agreement
Concordia Maritime has entered into a contract for the sale of the P-MAX vessel Stena Perros (65,000 dwt, built in 2007). The buyer is an oil company with operations inAfrica and delivery is scheduled for the end of January. GÖTEBORG, Sweden, Jan. 16, 2022 /PRNewswire/ -- The sale is expected to ...
Marioff Strengthens Long-Standing Partnership with Carnival Corporation & PLC
VANTAA, Finland, Jan. 13, 2022 /PRNewswire/ -- Marioff has extended its BluEdge ™ Elite service agreement with Carnival Corporation & PLC for an additional five years to provide preventive maintenance services for its HI-FOG® water mist fire protection systems, currently installed aboard 75 cruise...
IQAX expands in Mainland China to better serve clients and the industry
HONG KONG, Jan. 12, 2022 /PRNewswire/ -- Responding to growing demand for its world-class technology offerings, IQAX Limited (IQAX), a leading innovator of digital solutions for the supply chain industry, has expanded its footprint in mainlandChina and Asia with the launch of its fully owned subs...
KT SAT unveils its new brand of maritime satellite communication targeting South East Asia market
SEOUL, South Korea, Jan. 5, 2022 /PRNewswire/ -- KT SAT(www.ktsat.com
107 ROWERS FROM AROUND THE WORLD EMBARK UPON THE TALISKER WHISKY ATLANTIC CHALLENGE 2021
SAN SEBASTIÁN DE LA GOMERA, Spain, Dec. 14, 2021 /PRNewswire/ -- Yesterday, 107 rowers from around the world set off on a voyage across the ocean for the start ofTalisker Whisky Atlantic Challenge – an incredible 3,000-mile rowing race across the Atlantic Ocean. To view the Multimedia News Relea...
Crewing Online Takes On The Manpower Shortage Challenge
SINGAPORE, Dec. 13, 2021 /PRNewswire/ -- The crew change crisis sank deeper from extended stays onboard due to persistent border restrictions. Ensuing bad press resulted in drastic reputational damage to seafaring as a career, and worsened the global manpower shortage. Shipowners and manning agen...
China Oceanic Development Foundation: Exploring New Observation Techniques: China and Thailand's Cooperation on Protecting Marine Mammals
BEIJING, Dec. 6, 2021 /PRNewswire/ -- The Irrawaddy dolphin Orcaella brevirostris is an endemic dolphin found in coastal waters in the South and Southeast Asia. Impacted by human activities, the population of Irrawaddy dolphin in the Songkhla Lake,Thailand is critically endangered and the species...
Marine Online Boosts Traction For Tankers From Crude Price Movements
SINGAPORE, Dec. 6, 2021 /PRNewswire/ -- Oil prices have slightly recovered for Brent and West Texas Intermediate (WTI), substantiating the hypothesis of an impending recovery. Its unpredictability keeps the Organisation of the Petroleum Exporting Countries (OPEC) cautious about production growth ...
SIT and TradeFlow collaborate to enhance shipping industry efficiency with AI
SINGAPORE, Dec. 6, 2021 /PRNewswire/ -- TradeFlow Capital Management (TradeFlow) and the Singapore Institute of Technology (SIT) are pleased to announce a collaboration to co-create an Artificial Intelligence (AI) driven solution to better address risk and efficiency issues in the international ...
China Oceanic Development Foundation: Build the Maritime Education and Training Center, Promoting International Cultural Exchange and Cooperation in the Maritime Field
BEIJING, Dec. 2, 2021 /PRNewswire/ -- On May 7, 2019, China-ASEAN Maritime Education and Training Center was founded inShanghai by China Maritime Safety Administration, with the aim to actively carry out exchange with maritime administration of other Asian countries, to build a cooperation platfo...
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