Maritime/Shipbuilding
Landmark study on offloading onboard captured carbon dioxide identifies low port readiness as key barrier to large-scale commercialisation
* Infrastructure and procedures for handling captured carbon dioxide (CO2) at ports are currently inadequate * Defining clear pathways to offload, utilise, and/ or sequester CO2, is crucial for large-scale commercialisation of onboard carbon capture and storage SINGAPORE, March 19, 2024 /PRNe...
Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024
SINGAPORE, March 13, 2024 /PRNewswire/ -- The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at Marina Bay Sands inSingapore from March 13-15. The gathering is recognized as the most influential maritime exhibition in theAsia-Pacific, drawing more tha...
Cosco Shipping Enhances Safety with Iridium GMDSS
MCLEAN, Va., March 12, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced Cosco Shipping (CSSC), the world's largest fleet of commercial vessels with1,417 ships, has begun installation of Iridium® ...
Caravelle International Group Announces Major Milestone in Innovation: The Launch of Wood Drying Ship
SINGAPORE, March 4, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a trailblazing global ocean technology company, is excited to announce a significant leap forward in its operational capabilities with the full commissioning stage of its pioneering wood drying ship. This innov...
Bahri Wins Guinness World Record for Largest Mobile Desalination Plant
Bahri Desalination Sets New Benchmark with Record-Breaking Floating Seawater Desalination Plant, in Line With its Efforts to Support Saudi Arabia's National Water Security RIYADH, Saudi Arabia, March 1, 2024 /PRNewswire/ -- Bahri Desalination, a specialized business unit of the National Shipping...
Caravelle Reports Half Year 2023 Financial Results
SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a trailblazing global ocean technology company, today announced its unaudited and unreviewed financial results for the six months endedApril 30, 2023. Half year 2023 Financial Highlights Six...
DECISION MAKERS TO CONVENE AT ASIA PACIFIC MARITIME'S BIGGEST EDITION YET
Themed Future of Vessels, Solutions for Tomorrow, Southeast Asia's premier trade exhibition and conference will host a series of new launches and strategic discussions across six halls at the Marina Bay Sands Expo & Convention Centre SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- In just two weeks, th...
TechWaves: Celebrating Maritime Innovation and Collaboration
SINGAPORE, Feb. 23, 2024 /PRNewswire/ -- TechWaves, a Maritime Conference hosted by SGTraDex, marked a significant milestone in the digital transformation of the maritime industry. Held onFebruary 23, 2024, the event showcased the achievements of SGTraDex in revolutionising trade and supply chai...
Fleet Management Limited announces strategic leadership transition in its 30th year
HONG KONG, Feb. 22, 2024 /PRNewswire/ -- Fleet Management Limited (FLEET), the
world's largest third-party ship management company, has begun implementing a
phased succession plan to ensure continuity, sustained innovation and success
as it enters a new era.
Minesto Evolves Its Faroese Business Case, Upgrading to a 200 Mw Tidal Energy Buildout
GOTHENBURG, Sweden, Feb. 21, 2024 /PRNewswire/ -- Minesto, leading ocean energy developer, has upgraded the roadmap to a 200 MW tidal energy buildout in the Faroe Islands. The scaled-up roadmap is a response to the growing demands for renewable energy, where unlocking the tidal opportunity enables...
Stena RoRo takes delivery of E-Flexer RoPax vessel number ten for long charter to Canadian Crown Corporation Marine Atlantic
GOTHENBURG, Sweden, Feb. 8, 2024 /PRNewswire/ -- Today, number ten of the Stena RoRos E-Flexer series was delivered from the CMI Jinling, Weihai Shipyard. The vessel, named Ala'suinu, will be on a long charter agreement with the Canadian state-owned Marine Atlantic and operate a ferry line in eas...
Continued collaboration between Minesto and Swedish Energy Agency - 3 MSEK funding awarded for upgrading of mooring system
GÖTEBORG and VASTRA GOTALAND, Sweden, Feb. 8, 2024 /PRNewswire/ -- The Swedish Energy Agency has awarded Minesto a 2.8 MSEK grant to support development and testing of next generation mooring system. The grant co-funds a project through which Minesto will advance performance of the unique tether ...
New market update: February 2024 - Concordia Maritime
GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...
NX Global Ocean Network Launches New NVOCC Services in Singapore, Globally Unifying NX Group's International Ocean Freight Services
TOKYO, Feb. 5, 2024 /PRNewswire/ -- NX Global Ocean Network Pte. Ltd. (hereinafter abbreviated as "NXGO"), a group company of NIPPON EXPRESS HOLDINGS, INC., started NVOCC (*) services inSingapore on Monday, January 1, 2024. *NVOCC (Non-Vessel Operating Common Carrier): A carrier that does not ha...
PACIFIC INTERNATIONAL LINES FIRST SHIPPING LINE TO COMPLETE FULL INTEGRATION WITH SGTRADEX IN COLLABORATION WITH KPI OCEANCONNECT
Pacific International Lines (PIL), SGTraDex, and KPI OceanConnect have achieved a significant milestone by completing full integration for worldwide transactions via the SGTraDex platform SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- Pacific International Lines (PIL) has successfully completed full i...
Xinhua Silk Road: New shipping route links ports in Russia, E. China
BEIJING, Jan. 26, 2024 /PRNewswire/ -- With a cargo ship recently departing for Jingjiang Port in eastChina's Jiangsu Province after unloading nearly 20,000 tons ofRussia-imported coal at Longkou Port in east China's Shandong Province, a new shipping route linking ports in Russia, Longkou and Jin...
Concordia Maritime's application for delisting has been approved
GOTHENBURG, Sweden, Jan. 24, 2024 /PRNewswire/ -- Concordia Maritime AB (publ)'s ("Concordia Maritime") application for delisting of Concordia Maritime's class B shares has now been approved by Nasdaq Stockholm. The last day of trading on Nasdaq Stockholm will be6 February 2024. For more informa...
Caravelle's Chairman of the Board and CEO, Dr. Guohua Zhang, invited to Davos Summit 2024
--Milestone Initiative on Ocean Carbon Neutral Sustainability with Fortune 500 CEOs and ESG Leaders SINGAPORE, Jan. 24, 2024 /PRNewswire/ -- Dr Guohua Zhang, Chairman and CEO of Caravelle International Group (Nasdaq: CACO) , the world's leading ocean carbon neutral technology company, was invite...
Notice to attend Extraordinary General Meeting of Concordia Maritime AB (publ)
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- The shareholders of Concordia Maritime AB (publ), 556068-5819, are hereby invited to the Extraordinary General Meeting to be held on Thursday,22 February 2024 at 1.00 p.m. CET at Mannheimer Swartling Advokatbyrå's offices at Järnvågen 1 inGothenbu...
Stena Sessan AB requests compulsory buy-out and Concordia Maritime applies for delisting
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- Stena Sessan AB ('Stena Sessan'), which holds more than 90 per cent of the shares and votes in Concordia Maritime AB (publ) ('Concordia Maritime'), has requested that a compulsory buy-out of the remaining shares in Concordia Maritime be initiated....
Week's Top Stories
Most Reposted
IAB HK Spring Dinner & Digital Awards Gala 2023: Celebrate digital brilliance with 350 marketers
[Picked up by 308 media titles]
2024-03-15 16:38Agoda shares Japan's Top Destinations During Cherry Blossom Season
[Picked up by 249 media titles]
2024-03-13 12:18ADA and Cycle & Carriage to Elevate Customer Experience through AI/NLP Integration
[Picked up by 213 media titles]
2024-03-15 12:36Vouch Expands to Empower Hotels with Operational Excellence
[Picked up by 212 media titles]
2024-03-14 10:30xcube launches CVPE: A New Asset Class for Family Offices and UHNWIs
[Picked up by 200 media titles]
2024-03-12 08:00