Maritime/Shipbuilding
Caravelle International Group Announces Termination of Agreement with CUEX Metal AG
SINGAPORE, Oct. 24, 2024 /PRNewswire/ -- Caravelle International Group ("the Company", Nasdaq: HTCO), a global ocean technology company, today announced the termination of its Ore Sourcing Agreement with CUEX Metal AG. This agreement, initially disclosed on the Company's website onApril 18, 2024,...
HD Hyundai Heavy Industries Develops Eco-Friendly Ammonia Duel-fuel Engine
* World's first high-pressure ammonia direct injection engine receives model-based class approval from seven major classification societies * Suitable for marine power generation and propulsion, and land-based power generation, ready to be soonly commercialized for the market * "We aim to en...
MOU on 4-Party Cooperation between Yangpu and Abu Dhabi Sister Ports Signed
HAIKOU, China, Oct. 1, 2024 /PRNewswire/ -- A report from Hainan International Media Center (HIMC): On the occasion of the 40th anniversary of the establishment of diplomatic relations betweenChina and the United Arab Emirates, the Management Committee of the Yangpu Economic Development Zone, th...
Caravelle International Group to Change Ticker Symbol to 'HTCO' on September 30, 2024
SINGAPORE, Sept. 25, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that its ordinary shares will begin trading on NASDAQ under the ticker symbol 'HTCO' prior to market open onSeptember 30, 2024. This will replace the company'...
Hanwha Power Systems signed a business agreement at 'Gastech 2024' with a major European LNG carrier shipping company for the retrofitting of ammonia gas turbines for eco-friendly fuel
* Zero carbon emission goal, development of eco-friendly clean fuel ammonia gas turbine technology * Establishment of eco-friendly fuel conversion cooperation with a major LNG carrier shipping company inGreece SEOUL, South Korea, Sept. 19, 2024 /PRNewswire/ -- Hanwha Power Systems, a total en...
SeaBubbles Accelerates Sustainable Maritime Mobility with SmartBubble and Strategic Acquisition
SAINT JORIOZ, France, Sept. 13, 2024 /PRNewswire/ -- SeaBubbles, French pioneer in zero-emission hydrofoils, strengthens its commitment to ecological transition with the launch of SmartBubble, new flying boat model combining cutting-edge technology with iconic design. This innovative vessel, desi...
HD Hyundai to Showcase Eco-Friendly Future Technologies at Gastech in the U.S.
* HD Hyundai will participate in Gastech 2024 in Houston, September 17-20 * 16 certification acquisitions and MOU signings expected, highlighting the company's leadership in digital transformation and decarbonization technologies * "HD Hyundai, a leader in eco-friendly ship technology, is set...
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...
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