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...
CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying Business
SINGAPORE, April 18, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a leading global marine technology group of companies, today announced the signing of an innovative manganese ore sourcing agreement with CUEX Metal AG ("CUEX"), a leading provider of services to the global ste...
Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice
SINGAPORE, March 29, 2024 /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...
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...
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...
Caravelle, a model of Sino-French co-operation, was praised by many media at the Davos Summit 2024
-- Wood drying ship spark in FoF (Fund of Funds) Forum at Davos SINGAPORE, Jan. 25, 2024 /PRNewswire/ -- Invited by the World Economic Forum, Caravelle's Chairman and CEO, DrGuohua Zhang, and the company's independent director, Dr.Alon Rozen, Dean of the Business School of École des Ponts ParisT...
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...
Caravelle International Group Announces a Private Placement of up to $6.8 Million
SINGAPORE, Jan. 10, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a trailblazing global ocean technology company, today announced that it has entered into a securities purchase agreement with two institutional investors (the "Investors") onJanuary 5, 2024 to is...
Caravelle International Group Announces Receipt of Nasdaq Notification and Outlines Compliance Plan
SINGAPORE, Nov. 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a trailblazing global ocean technology company, today announced that it has received a notification from the Nasdaq Stock Market LLC ("Nasdaq") regarding its compliance status. The notice, received onNovember 1...
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...
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...
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...
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...
Caravelle International Group's CEO Sells Company His Sawmill and Laminate Wood Flooring Factories Valued at $30 Million for $1
Acquisition could add $150 million in revenue and $30 million in profit when operating at full-scale SINGAPORE, April 26, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that the Company's CEO Dr.Guohua Zhang has sold Penxing ...
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 ...
Caravelle International Group Announces New Corporate Website and Investor Presentation
SINGAPORE, March 22, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that the company has unveiled a new corporate website and investor presentation. The new website is an excellent resource for new potential customers and inve...
Caravelle International Group Partners with U.S. Firm to Export Wood Products from Gabon, Africa to the U.S.
* Caravelle estimates partnership could generate $200 million in revenue within several years * U.S. partner to fund construction of the mill NEW YORK, March 2, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that the comp...
