Maritime/Shipbuilding
Caravelle International Group Announces Financial Results for Fiscal Year 2023
SINGAPORE, Sept. 9, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced its audited financial results for the fiscal year endedOctober 31, 2023. Due to the overall environment of the shipping industry and increased operating cos...
Global Times: Silk Road Maritime Cooperation Forum kicks off in China's Xiamen, to facilitate international ocean shipping, trade
BEIJING, Sept. 8, 2024 /PRNewswire/ -- More than 600 dignitaries and representatives from sectors of shipping, trade, finance and technology in the world attended the 6th Silk Road Maritimes International Cooperation Forum, which kicked off on Saturday in Xiamen city, East China'sFujian Province....
SEADRONIX Unveils NAVISS 2.0 True-AI Ship Monitoring and Navigation Solution at SMM 2024 in Hamburg
HAMBURG, Germany, Sept. 3, 2024 /PRNewswire/ -- Seadronix, a leading developer of AI and autonomous ship navigation solutions, announces the launch of its latest innovation, the NAVISS 2.0 True-AI Ship Navigation and Monitoring System, at the SMM 2024 Maritime Fair. This enhanced version represen...
Global Times: Fast-evolving marine engineering to be an important lever of powering China's economic growth
BEIJING, Aug. 28, 2024 /PRNewswire/ -- Yin Jifu is a senior engineer with the National Engineering Research Center of Dredging Technology and Equipment under the state-owned construction giant China Communications Construction Company (CCCC). Yin, whole holds a doctorate degree, has been working...
CARAVELLE INTERNATIONAL GROUP ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY
SINGAPORE, Aug. 6, 2024 /PRNewswire/ -- On July 26, 2024, Caravelle International Group (the "Company") received a deficiency letter (the "Nasdaq Bid Price Deficiency Letter") from Nasdaq notifying the Company that, for the last 33 consecutive business days, the closing bid price for the Company'...
Seadronix Disrupts Maritime Technology with Groundbreaking AI Model
SEOUL, South Korea, July 30, 2024 /PRNewswire/ -- Seadronix, a leader in AI-enabled autonomous ship navigation solutions, has announced the release of a groundbreaking white paper on artificial intelligence (AI) for marine object recognition. This innovative research introduces the VaDA (Vertical...
Massimo Launches New GKD 350 All-Terrain Go Kart
Rugged Two-Seater Vehicle Asked for from Big Retail Partners GARLAND, Texas, July 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of its new GKD 350 All-Terrain Go Kart, combin...
Xinhua Silk Road: Changle in E. China's Fujian boosts high-quality development of marine economy
BEIJING, July 23, 2024 /PRNewswire/ -- July 11 marks the 20th Maritime Day of
China and the 619th anniversary of the voyages of Zheng He, the famous Chinese
Ming Dynasty navigator.
Massimo to Launch New Automated Vehicle Assembly Robot Line at Texas Factory
Automation Expected to Improve Efficiency by 50% and Enhance Safety for Production of ATV and UTV Vehicles Lines GARLAND, Texas, July 17, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the a...
Over 30 vessels to be constructed by Hengli this year
DALIAN, China, July 11, 2024 /PRNewswire/ -- A news report from chinadaily.com.cn: Hengli Heavy Industries plans to commence construction on over 30 vessels this year, process nearly 500,000 tons of steel plates, and engage over 20,000 personnel at its yard in Changxing Island ofDalian, Liaoning...
Massimo Group to Ring the Nasdaq Closing Bell on Monday, July 15, 2024
GARLAND, Texas, June 28, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the Company will ring the closing bell at the Nasdaq MarketSite in Times Square,New York on Monday, July 15, 2024. "...
Massimo Showcases Motor Sports Vehicles at the Outdoor Power Equipment Hoedown at Gaylord Opryland
GARLAND, Texas, June 25, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, exhibited its Massimo Motor vehicles at the recent Outdoor Power Equipment Hoedown for Mid-States Distributing Company, Inc. ("Mid-Stat...
Massimo Group to Host Investor and Analyst Tours at its Manufacturing Facility in Garland, Texas Throughout June and July 2024
Management to Showcase its 376,000 sq. ft. Facility that Supports the Manufacture of its Motor and Marine Product Verticals GARLAND, Texas, June 18, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today anno...
Shengsi Hosts the 4th Ocean Games in Zhejiang Province
ZHOUSHAN, China, June 14, 2024 /PRNewswire/ -- This summer, the 4th Zhejiang Ocean Games were grandly held on the picturesque island of Shengsi, attracting over 7,000 marine sports enthusiasts from across the country. Spanning from May to June, this month-long competition has significantly booste...
Caravelle International Group Regained Compliance with the Minimum Bid Requirement
SINGAPORE, June 11, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a leading global marine technology company received the determination letter onJune 10 from Nasdaq (the "Determination Letter") that for the 17 consecutive business days, fromMay 15, 2024, to June 7, 2024, the ...
Massimo Group Launches Pontoon Boat Pilot Program with Tractor Supply Company in Select Texas Store Locations
Program to Test In-Store Pontoon Placement in Select Tractor Supply Locations Across the Northern Texas Region GARLAND, Texas, June 6, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced it has l...
Global Times: A glimpse into China's groundbreaking system that could convert ship emissions into liquid CO2
BEIJING, May 30, 2024 /PRNewswire/ -- A 20-foot container-shaped storage tank is placed at a dock onShanghai's Changxing Island, near the Yangtze River. Its white exterior shines in the seaside sun. What makes this seemingly ordinary tank special is that it contains liquid carbon dioxide. It is ...
Euro Tech Holdings Company Limited Reports 2023 Year-End Results
HONG KONG, April 30, 2024 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2023 ("Fiscal 2023"). The Company had net income of US$1,828,000 in Fiscal 2023, as compared to US$369,000 for the fiscal year en...
Intelligent Systems Employed in Constructing China's Deepest Undersea Tunnel
SHENZHEN, China, April 25, 2024 /PRNewswire/ -- China Railway Tunnel Group (CRTG) is using "Eight Intelligent Systems" for constructing the Shenzhen-Jiangmen Railway,China's deepest and highest water-pressure submarine tunnel project. During the 2024 World Tunnel Congress (WTC2024), from April 1...
Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of Gabon
SINGAPORE, April 25, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a leading global marine technology group of companies, today announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Water and Forestry ofGabon on the development of a critical tim...
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