Maritime/Shipbuilding
DFRobot's Gravity Sensors Enhance Data Collection in SAGA Underwater Habitat (UHAB)
SHANGHAI, Oct. 24, 2023 /PRNewswire/ -- DFRobot, a global leader in open-source hardware and advanced sensor technology, played a critical role in enhancing underwater data collection for the SAGA Underwater Habitat (UHAB). Developed by SAGA Space Architects, renowned pioneers in human-centric sp...
CIMC Group Builds Hong Kong's First Modular Legislative Office, Pioneering an Expansion Project with Modular Method
SHENZHEN, China, Oct. 23, 2023 /PRNewswire/ -- On 12th October, CIMC Modular Building Systems Holding Co., Ltd ("CIMC MBS"), a subsidiary of CIMC Construction Technology under CIMC Group, held a delivery ceremony for the expansion project of the Hong Kong Legislative Council Complex. This project...
Navigating Future Profits: Caravelle's New Ship & Proprietary Carbon Reduction Tech Set to Surge Revenue and Profit Margins
SINGAPORE, Oct. 12, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a trailblazing global ocean technology company, is thrilled to announce the signing of a Bareboat Charter Agreement with Kanda Shipping Co. Ltd. This strategic move is not merely a fleet expansion; it marks the...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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", ...
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