Maritime/Shipbuilding
DP World wins latest judgement in Hong Kong Court over Djibouti concession
DP World has been in litigation with China Merchants Port Holdings in Hong Kong since 2019 over the unlawful interference with its rights inDjibouti. During this time, China Merchants has unsuccessfully sought to move the case to the courts ofDjibouti. Ruling means DP World can finally move to...
Crowley and Eastern Pacific Shipping Partner with Long-term Charters for Four LNG-Fueled Containership Newbuilds
The latest generation 1,400-TEU quartet reflects both organizations' commitment to the industry's clean energy transition JACKSONVILLE, Fla., Sept. 19, 2022 /PRNewswire/ -- U.S. shipping and logistics company Crowley has awardedSingapore-based Eastern Pacific Shipping (EPS) a contract for the ch...
Xinhua Silk Road: Silk Road Maritime important bond for boosting "dual circulation"
BEIJING, Sept. 19, 2022 /PRNewswire/ -- Since its launch by east China's Fujian
Province in 2018, Silk Road
Xinhua Silk Road: Silk Road Maritime blue book 2021-2022 unveiled during Silk Road Maritime International Cooperation Forum
BEIJING, Sept. 19, 2022 /PRNewswire/ -- The blue book on the development of
Silk Road
Sale of three P-MAX vessels
GOTHENBURG, Sweden, Sept. 16, 2022 /PRNewswire/ -- In a strong tonnage market, Concordia Maritime has entered into an agreement for the sale of the three product tankers, Stena Primorsk, Stena Performance andStena Provence, all built in 2006 and of 65,200 dwt. The sale is expected to have a posit...
Food Pioneers Sophie's Bionutrients And NewFish Join Forces To Develop Dairy Alternatives From Microalgae
AMSTERDAM and AUCKLAND, New Zealand, Sept. 15, 2022 /PRNewswire/ -- Sophie's Bionutrients and NewFish®, two pioneers in the field of microalgae protein fermentation, with the support ofNew Zealand-based marine research powerhouse, Cawthron Institute, andNetherlands-based leading food university, ...
Prudent Shipping Investments closes financing for 2 modern Supramax bulk carriers valued at USD45mn
SINGAPORE, Sept. 14, 2022 /PRNewswire/ -- Prudent Shipping Investments (Prudent), aSingapore based Company, has today (14th September 2022) closed financing for 2 modern Supramax bulk carriers (a KHI58 and a Tsuneshi58) valued atUSD45mn. The senior debt was provided by a blue-chip Japanese finan...
ClimeCo Partners with Enaleia to Establish a Verra Plastic Collection Project in Kenya
BOYERTOWN, Pa., Sept. 14, 2022 /PRNewswire/ -- ClimeCo, a leader in the management and development of environmental commodities, has partnered with Enaleia to remove plastic pollution from vital fishing areas. Enaleia is a non-profit that engages coastal communities to collect plastic on land and ...
Xinhua Silk Road: Initiative released at 2022 Silk Road Maritime International Cooperation Forum to boost dev. of shipping logistics sector
BEIJING, Sept. 13, 2022 /PRNewswire/ -- An initiative was released on Friday at
the 2022Silk Road
Jizhou Port in China's Jizhou city boosts port and shipping logistics industry
JINING, China, Sept. 13, 2022 /PRNewswire/ -- A news report from GLOBAL TIMES ONLINE: Jizhou Port in Rencheng district, Jining city, east China's Shandong Province , has made new strides in promoting the strategic development of the port and shipping logistics industry by fully leveraging the un...
Xinhua Silk Road: 2022 Silk Road Maritime International Cooperation Forum kicks off in E.China's Xiamen
BEIJING, Sept. 9, 2022 /PRNewswire/ -- The 2022 Silk Road Maritime International Cooperation Forum kicked off on Thursday inXiamen, east China's Fujian Province, where participants shared constructive opinions and suggestions on enhancing the brand influence of Silk Road Maritime. Focusing on ef...
Quark Expeditions Announces September Sale Offering 35% Discounts on Polar Voyages
SEATTLE, Sept. 9, 2022 /PRNewswire/ -- Quark Expeditions, the recognized Leader in Polar Adventures, has announced aSeptember Sale featuring discounts as high as 35% on polar voyages in its Antarctic 22/23 and Arctic 23 sailing seasons—plus a special additional savings for solo travelers. "We're...
GSTS Completes Funding Raise
HALIFAX, NS, Sept. 9, 2022 /PRNewswire/ -- Halifax-based Global Spatial Technology Solutions (GSTS), a leading provider of global maritime data and analytics, has completed a funding raise totaling$4.1M to enable the company to execute its growth strategy and prepare for scale up. For more inf...
Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry
HONG KONG, Sept. 8, 2022 /PRNewswire/ -- Clearbot
Jan De Nul Group Chooses Iridium GMDSS
World leading dredging fleet to retrofit and install new builds with Iridium's Global Maritime Distress and Safety System HAMBURG, Germany, Sept. 5, 2022 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced thatJan De Nul Group, a leading maritime construction and civil eng...
Seadronix unveils All New NAVISS for smart ship at a global maritime exhibition
ULSAN, South Korea, Aug. 31, 2022 /PRNewswire/ -- Seadronix Corp., a leading developer of AI-powered solutions for smart ship navigation and port operation, has announced that it will be launching a new service this coming September at SMM 2022 (Maritime and Technology Fair & Exhibition inHamburg...
Xinhua Silk Road: E.China's Longkou Port unloads 700-unit deck cargo ship for LNG tank containers
BEIJING, Aug. 25, 2022 /PRNewswire/ -- Longkou Port of Yantai City in east China's Shandong Province has recently unloaded a large deck cargo ship for liquefied natural gas (LNG) tank containers, marking the ship's first time in operation on the "Longkou-Malaysia" route for LNG import. Measuring...
MARINE ONLINE REGISTERS US$150 MILLION IN REVENUE AS AT Q3 2022
SINGAPORE, Aug. 25, 2022 /PRNewswire/ -- Marine Online (Singapore) Pte Ltd registered its revenue atUS$150 million as at August 2022, eclipsing 2021's performance ofUS$6 million. While this tremendous improvement highlighted the company's resilience in the post-pandemic business landscape,Marine ...
Container xChange report: Average container prices and leasing rates decline in China amidst peak season shipping
* Average container prices halved from August 2021; leasing rates decline by 17% from June to July this year * China to Canada one-way leasing rates decline at the highest rate by 49 percent as compared toChina to any other country HAMBURG, Germany, Aug. 24, 2022 /PRNewswire/ -- Containerised...
Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain
QINGDAO, China, Aug. 19, 2022 /PRNewswire/ -- At the 2022 Qingdao Land-Sea Linkage Seminar held onAugust 15, 2022, the International Shipping Hub Development Index -- RCEP Regional Report (2022), the Xinhua-SPG Port Commodity Index Report (2022), and the RCEP Seaborne Trade Index Report 2022 were...
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