Maritime/Shipbuilding
Sinopec Puts China's Largest Petrochemical Port into Operation
ZHANJIANG, China, May 9, 2020 /PRNewswire/ -- Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has putChina's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from theMiddle East. The tanker was we...
Royal Caribbean Group Extends Cruise with Confidence Policy Through April 2022
Royal Caribbean International, Celebrity Cruises and Azamara Introduce New Booking Options MIAMI, May 6, 2020 /PRNewswire/ -- To provide peace of mind in vacation planning, Royal Caribbean Group is extending its "Cruise with Confidence" cancellation policy to sailings throughApril 2022. For new...
CanAm Announces that its Second EB-5 Loan to Rhoads Industries at the Philadelphia Navy Yard Repays in Full and Early
A $12 million EB-5 investment that was used by Rhoads Industries to help fund the expansion of its industrial manufacturing facilities at the Philadelphia Navy Yard was repaid in full and early. PHILADELPHIA, May 5, 2020 /PRNewswire/ -- CanAm Enterprises ("CanAm") is very proud to announce that...
Twelve Start-ups from PIER71's Smart Port Challenge Awarded S$600,000 to Bring Innovative Solutions to Maritime Market
SINGAPORE, May 4, 2020 /PRNewswire/ -- The Maritime and Port Authority of
Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National
University of Singapore (NUS), today announced that 12 start-ups from Port I
nnovationEcosystem Reimagined @ BLOCK71 (PIER71
Resolutions at the Annual General Meeting of Concordia Maritime AB (publ) Held on 29 April 2020
GOTHENBURG, Sweden, April 29, 2020 /PRNewswire/ -- At the Annual General Meeting (the "AGM") of Concordia Maritime AB (publ), held on29 April 2020, the AGM decided to re-electCarl-Johan Hagman, Stefan Brocker, Henrik Hallin, Mats Jansson, Helena Levander and Michael G:son Löw as members of the Bo...
Concordia Maritime: Interim Report, 1 January-31 March 2020
- Strong but uncertain market GÖTEBORG, Sweden, April 29, 2020 /PRNewswire/ -- Events in the first quarter * Low oil prices and high production bring positive effects in the short term * Long-term effects of Covid-19 are difficult to assess * P-MAX vessel Stena Paris chartered ...
Invitation to Teleconference/Audio Transmission
GOTHENBURG, Sweden, April 23, 2020 /PRNewswire/ -- Concordia Maritime welcomes you to participate in a teleconference/ audio transmissionApril 29 2020, at 03.00 pm CEST. The Interim Report for Q1 2020 (published 29 April 2020) will be presented and questions answered. Presiding: Kim Ullman, CEO...
Arne Wilhelmsen, a founder of Royal Caribbean Cruises Ltd., dies at 90
MIAMI, April 13, 2020 /PRNewswire/ -- Arne Wilhelmsen, a founder of Royal Caribbean Cruises Ltd. (NYSE: RCL) and a visionary strategist of the modern cruise industry, diedSaturday, April 11, 2020, in Palma, Spain. He was 90. The entire Royal Caribbean family extends its heartfelt condolences to t...
Sinopec Continues International Growth, Begins Oil Depot Operations at Sri Lanka's Hambantota Port
BEIJING, April 9, 2020 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec"),China's leading energy and chemical company, officially commenced operations at its newly established oil depot at Hambantota Port inSri Lanka, successfully refueling its first ship onApril 7. Impacting prim...
Dachser builds on its growth driver
KEMPTEN, Germany, April 8, 2020 /PRNewswire/ -- Even as the global economy becomes increasingly weaker, Dachser was able to continue growing in 2019. The logistics provider increased its consolidated net revenue by a solid 1.6 percent toEUR 5.66 billion. Driving this growth was again the Road Log...
Online B2B Matchmaking System is Coming to CIBS
SHANGHAI, April 2, 2020 /PRNewswire/ -- After considering the effects caused by COVID-19, CIBS is preparing to launch a new online B2B matchmaking tool that will enable both suppliers and overseas buyers to maintain and/or further develop their supply chain. Co-organized by Shanghai Sinoexpo Inf...
International Maritime Industries Completes the "Maintenance, Repair & Overhaul (MRO)" of the ARO-2003 (SAR201) With ARO Drilling
Contract enabled IMI to build capabilities in-Kingdom and further strengthen its strategic partnership with ARO Drilling. DHAHRAN, Saudi Arabia, March 26, 2020 /PRNewswire/ -- International Maritime Industries (IMI) announced today the completion of the ARO-2003(SAR201) MRO project withARO Drill...
Concordia Maritime AB (publ) Releases the Annual Report for 2019
GÖTEBORG, Sweden, March 20, 2020 /PRNewswire/ -- The annual report, which also includes Concordia Maritime's sustainability report, is now available on the company's website (concordiamaritime.com). The English translation of the Annual Report will be available in the middle ofApril 2020. The An...
Pingtan Marine Enterprise Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2019
FUZHOU, China, March 17, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a global fishing company based in the People's Republic of China (PRC), today announced financial results for its fourth quarter and year endedDecember 31, 2019. Fourth Quart...
Global Echo successfully delivers 'MS-SOx' scrubber to Hyundai Merchant Marine
ULSAN, South Korea, March 11, 2020 /PRNewswire/ -- Global Echo, a South Korean scrubber maker, said it supplied 'MS-SOx' scrubber, which can be installed in 15 days, to Hyundai Merchant Marine onJan. 15, 2020. Including its first project with Hyundai Merchant Marine, Global Echo has carried out...
13th Seatrade Maritime Awards Asia Finalists Unveiled
SINGAPORE, March 9, 2020 /PRNewswire/ -- 60 finalists for the Seatrade Maritime Awards Asia 2020 have convinced an independent panel of judges of their well-deserving achievements over the past year. Into its 13th edition, the prestigious Seatrade Maritime Awards Asia organised by Informa Market...
Sea Trials Begin for Mayflower Autonomous Ship's 'AI Captain'
Promare and IBM engineers develop new class of marine AI to advance $90BN autonomous shipping market IBM Edge, AI technologies and over a million images at core of ship's ability to sense, think and act autonomously at sea PLYMOUTH, England, March 5, 2020 /PRNewswire/ -- IBM (NYSE: IBM) and mari...
Prysmian Secures Over €150 Million Offshore Wind Grid Connection Project in France by RTE
The Group deploys all needed capabilities and resources to enable the energy transition Submarine cable technologies are key to support the growth of renewable energy MILAN, March 5, 2020 /PRNewswire/ -- Prysmian Group, world leader in the energy and telecom cable systems industry, has been awar...
Stena Sonangol Suezmax Pool Celebrates 15 Years of Successful Cooperation
GOTEBORG, Sweden, Feb. 21, 2020 /PRNewswire/ -- The successful Stena Sonangol Suezmax Pool, established in 2005, presently consists of about 20 high-quality and fuel-efficient Suezmax tankers. Stena Sonangol Suezmax Pool is operated as a 50/50 joint venture between the Swedish leading innovative ...
Excelerate Energy Given Greenlight for Ship Management of its Fleet
Excelerate Technical Management receives Interim Documents of Compliance from Marshall Islands and Belgium THE WOODLANDS, Texas, Feb. 19, 2020 /PRNewswire/ -- The Republic of the Marshall Islands and the Government of Belgium have awarded Interim Documents of Compliance (DoC) under the Internati...
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