Maritime/Shipbuilding
Seadronix Wins Commercial Contract to Install its AI Solution on Wind Turbine Installation Vessel in World First
- Seadronix also Chosen as "Forbes Asia 100 To Watch 2023" Company SEOUL, South Korea, Sept. 13, 2023 /PRNewswire/ -- Seadronix, a company specializing in artificial intelligence (AI) solutions for the maritime industry, competed successfully with major maritime conglomerates and won a tender to...
2023-09-13 21:00
2306
Caravelle International Group Regains Compliance with Nasdaq Filing Requirement
SINGAPORE, Aug. 29, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), confirming that the Company has regained compliance with Nasdaq's filing requirement...
2023-08-29 23:13
3254
Caravelle International Group Announces Audited Financial Results for 2022 with 51.9% Revenue Growth and 118.2% Increase in EPS
* Audited revenue for 2022 of $185.3 million, up from $122.0 million in 2021, marking a 51.9% growth. * Caravelle earned $12.2 million in 2022 vs. $5.3 million in 2021. * Earnings per share were $0.24 for 2022 vs. $0.11 in 2021, highlighting an increase of 118.2%. SINGAPORE, Aug. 29, 2023 /P...
2023-08-29 21:30
2422
Hanwha Aerospace Collaborates with Hanwha Ocean to Develop Energy Storage System Technology for Lower Carbon Emissions
SEOUL, South Korea, Aug. 2, 2023 /PRNewswire/ -- Hanwha Aerospace today announced a strategic collaboration with Hanwha Ocean, a subsidiary of Hanwha Aerospace, to develop and enhance Energy Storage System (ESS) technology, aimed at reducing carbon emissions in the rapidly growing eco-friendly sh...
2023-08-03 11:49
2958
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
* Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won * Shipbuilding, construction equipment and electric power device units achieving solid earnings * HD Korea Shipbuilding & Offshore Engineering's revenue at 5.4536 trillion won, up 30.2% YoY * H2 earnings expe...
2023-07-27 13:17
2778
Gold and Gemstone Mining, Inc., Announces Acquisition of Charter Boat Saranya
JAKARTA, Indonesia, July 24, 2023 /PRNewswire/ -- Gold and Gemstone Mining, Inc. (OTC: GGSM; "the Company"), acquires Charter boat Saranya to meet tourism pent-up demand we continue to see for cruise vacations. "We are excited about the addition of Saranya to our fleet, which reflects the strong...
2023-07-24 22:45
4243
Caravelle International Group Granted Extension by Nasdaq to Regain Compliance with Filing Requirements
SINGAPORE, July 21, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), granting the Company an extension to regain compliance with Nasdaq's filing requirem...
2023-07-21 21:45
4872
CARAVELLE INTERNATIONAL GROUP ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY
SINGAPORE, June 13, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notification letter datedJune 7, 2023 (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company was not in co...
2023-06-14 04:30
4398
Introducing the World's First Battery Tanker 'X': The Inaugural Ship of Power Ark 100. On Track for Completion by 2025, with Field Testing Set to Commence in 2026
TOKYO, May 27, 2023 /PRNewswire/ -- Japanese battery startup, PowerX, Inc. has unveiled the detailed design of the first-ever 'Battery Tanker' at the 'Bariship' International Maritime Exhibition held in Imabari City, Ehime Prefecture,Japan. The inaugural ship "X" aims for completion by 2025, with...
2023-05-27 15:55
8349
CARAVELLE INTERNATIONAL GROUP SIGNS $25 MILLION SUPPLY AGREEMENT TO DELIVER 50,000 CUBIC METERS OF WOOD TO SOUTH AFRICA
SINGAPORE, May 25, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced it has signed a supply agreement with South African company Best Polystyrene. Over the next two years, Caravelle will supply 50,000 cubic meters of wood from i...
2023-05-25 21:30
3231
Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice
SINGAPORE, May 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notice from The Nasdaq Stock Market LLC (Nasdaq) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for t...
2023-05-17 12:30
3730
Euro Tech Holdings Company Limited Reports 2022 Year-End Results
HONG KONG, May 12, 2023 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2022 ("Fiscal 2022"). The Company's revenues for Fiscal 2022 were US$14,949,000, an approximate 30.1% decrease compared toUS$21,388...
2023-05-13 05:00
7282
CARAVELLE INTERNATIONAL GROUP TO OPEN SHOWROOM IN MANHATTAN, NEW YORK, HIGHLIGHTING AFRICAN-IMPORTED LAMINATE FLOORING AND WOOD PRODUCTS
SINGAPORE, May 3, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that it has signed a lease for a prime location at 275 5th Avenue,Manhattan, New York, 10016. The company plans to open a state-of-the-art showroom to display its...
2023-05-03 22:26
2706
CIMC RAFFLES delivers China's first semi-submersible offshore solar power platform
China's First Semi-Submersible Offshore Solar Power Platform: Self-developed, Manufactured, and Delivered by CIMC Raffles SHENZHEN, China, April 11, 2023 /PRNewswire/ -- CIMC RAFFLES has recently launched and deliveredChina's first semi-submersible offshore floating solar power platform, which i...
2023-04-11 17:12
2475
CIBS 2023 Created A Four-Days Success Across The Boat Industry
SHANGHAI, April 7, 2023 /PRNewswire/ -- As one part of the 2023 Tourism Plus Shanghai, a comprehensive tourism industry expo, the 26th China Shanghai International Boat Show & The Lifestyle Show welcomed 400+ exhibitors and 37,463 visitors from across the world in four packed days. Throughout th...
2023-04-07 15:57
4148
Caravelle International Group Announces 3-Year Procurement Contract with Bestwood Joinery Worth $60 Million
* This deal marks the commercial launch of Caravelle's revolutionary CO-Tech lumber drying in transit service SINGAPORE, April 3, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that the Company, through its Singapore Garden ...
2023-04-03 22:00
3016
Exploration No.2 Successfully Completed Sea Trial Mission, with the Support of Lin Lu's Dalian Shidao Industry
DALIAN, China, Feb. 26, 2023 /PRNewswire/ -- On October 26, 2022, the "Xuelong 2" polar research vessel departed fromShanghai, officially starting China's 39th expedition to the South Pole; OnOctober 14, 2022, Exploration No.2, equipped with the 4,500-meter manned submersible "Deep Sea Warrior", ...
2023-02-26 22:38
4100
Caravelle International Group Announces Preliminary Record-breaking Financials for 2022 with 64% Revenue Growth and 290% Earnings Growth
* Preliminary unaudited revenue for 2022 of $200 million, a 64% growth over 2021 * Preliminary unaudited earnings for 2022 of $40 million, a 290% growth of 2021 * Company has several exciting new business opportunities that will generate substantial revenue in 2023 SINGAPORE, Jan. 17, 2023 ...
2023-01-18 00:16
4653
Korea Shipbuilding & Offshore Engineering Sets to Usher in the Era of Unmanned Ships
* Korea Shipbuilding & Offshore Engineering (KSOE) aims to demonstrate machinery and safety system automation as the next step to successful autonomous transoceanic voyage * After completion of demonstration in 2024, the company plans to employ unmanned ship technologies for the first time in...
2023-01-09 08:00
2713
CMIC and Offshoretronic Jointly Develop and Commercialize the Monopiles Installation Scheme of Offshore Windfarms
HONG KONG, Jan. 4, 2023 /PRNewswire/ -- TSC Offshore Corporation ("TSC"), a wholly owned subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. ("CMIC") and Offshoretronic S.L. ("Offshoretronic") have signed a memorandum of understanding (MOU) to bring together the two important components of Offsho...
2023-01-05 11:19
2864
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