Maritime

Hafnia Limited – Increase in Quarterly Dividend Payout Ratio

Retrieved on: 
Tuesday, April 9, 2024
Other Transport, Maritime, Other Energy, Transport, Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Logistics, Supply Chain Management, Disclosure, Policy, Security (finance), BW Group, Investment

"The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.

Key Points: 
  • "The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.
  • Hafnia remains committed to delivering strong shareholder value to its shareholders while safeguarding financial stability.
  • This stock exchange announcement was published by Charleston Lim of Hafnia Limited, on 9 April 2024 at 05:30 CEST.
  • Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Neuron Launches Network APIs to Enable Application-Driven QoE On Demand for the Maritime Industry

Retrieved on: 
Tuesday, April 9, 2024
Satellite, Other Health, Technology, Managed Care, Travel, Other Transport, Artificial Intelligence, Maritime, Transport, Telecommunications, Software, Cruise, Networks, Health, Mobile, Wireless, Communication, LTE, Wi-Fi, Sunday Night Football, Partnership, Stethoscope, AI, IPTV, Video on demand, Data-rate units, SRL Diagnostics, API, Safety, Machine learning, QOS, Mobile phone

Neuron , a QoE management platform for things that move, announced today that it’s making its network APIs available to maritime solution providers and app developers to enable application-driven quality of experience (QoE) on demand.

Key Points: 
  • Neuron , a QoE management platform for things that move, announced today that it’s making its network APIs available to maritime solution providers and app developers to enable application-driven quality of experience (QoE) on demand.
  • Neuron Network APIs Enable Multi-Provider, AI-Powered Connectivity Orchestration
    With Neuron’s network APIs, maritime solution providers and app developers can connect their apps directly to Neuron’s AI-powered network management solution, Neuron Grid, to programmatically request QoE on demand.
  • “Because Neuron enables multi-provider access with AI-powered network management, we are uniquely positioned to facilitate application-driven QoE on demand for the maritime industry.
  • Neuron is committed to working with additional partners to explore new ways to use its network APIs for a diverse range of use cases.

Hafnia Limited - Commencement of Trading and Admission to Trading on NYSE

Retrieved on: 
Tuesday, April 9, 2024
Maritime, Transport, Logistics, Supply Chain Management, FICC, Security (finance), Disclosure, Depository Trust Company, Central securities depository, BW Group, Conversion

Hafnia is pleased to announce that its common shares will commence trading on NYSE from and including 9 April 2024.

Key Points: 
  • Hafnia is pleased to announce that its common shares will commence trading on NYSE from and including 9 April 2024.
  • Further, the Conversion has now been successfully completed and the Trading Suspension, which has been in effect from the trading day on 5 April 2024 to and including 8 April 2024, has concluded.
  • The Company's shares will resume normal trading from start of trading on the OSE today, 9 April 2024.
  • Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Fueltrax Adds Vessel Support and Operational Services Center in Kuala Lumpur

Retrieved on: 
Tuesday, April 9, 2024
Oil, Gas, Data Management, Energy, Satellite, Technology, Audio, Video, Other Transport, Maritime, Transport, Other Technology, Telecommunications, Software, Logistics, Supply Chain Management, Networks, Other Energy, Mobile, Wireless, Combat support, Mission control center, Health, Multimedia, NASA, DeLeon, Environment, Tunnel

Fueltrax , the leader in global Electronic Fuel Management Systems (EFMS) has opened a Vessel Operations Center in Kuala Lumpur, Malaysia.

Key Points: 
  • Fueltrax , the leader in global Electronic Fuel Management Systems (EFMS) has opened a Vessel Operations Center in Kuala Lumpur, Malaysia.
  • View the full release here: https://www.businesswire.com/news/home/20240409369910/en/
    The Fueltrax ops center is modeled after the NASA center.
  • It allows Fueltrax to provide continuous monitoring and support to vessel operators in the Asia-Pacific region.
  • “This new vessel operations center ensures that vessels anywhere in the world can maintain access to top-tier support from highly skilled professional mariners.”

AltaSea CEO Terry Tamminen Headlines Our Ocean Conference in Greece

Retrieved on: 
Tuesday, April 9, 2024
Green Technology, Sustainability, Public Policy, Technology, Other Policy Issues, Other Natural Resources, Environment, Government, Maritime, Natural Resources, Transport, Other Technology, Science, Other Science, Research, Negotiation, Conference, Blue economy, Growth, Education, Private sector, Fishery, Tamminen, Robotics, United, Paris Agreement, Port, The Blue Economy

AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.

Key Points: 
  • AltaSea at the Port of Los Angeles today announced that its President & CEO Terry Tamminen will be a featured panelist at the 9th annual Our Ocean Conference, taking place in Athens, Greece on April 16 & 17.
  • The invitation-only conference convenes blue economy experts to discuss innovative ocean solutions and strengthen commitments to sea and ocean protection and sustainability.
  • Tamminen will join a panel discussion on “Establishing a Sustainable Blue Economy.”
    More details on the 2024 Our Ocean Conference, as well as ways to stream the panel, can be found here: https://www.ourocean2024.gov.gr/ .
  • The conference brings together governments, international organizations, researchers, the private sector, and nonprofits that have a shared vision and goal to protect the ocean.

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
Tuesday, April 9, 2024
Telecommunications, Other Defense, General Automotive, Contracts, Hardware, Semiconductor, Government Technology, Security, Technology, Satellite, Military, Professional Services, Logistics, Supply Chain Management, Drones, Mobile, Wireless, Defense, IOT (Internet of Things), Small Business, Homeland Security, Aerospace, Other Transport, Manufacturing, Public Policy, Government, Maritime, Air, Automotive, Transport, Autonomous Driving, Vehicles, Transfer, Unitary state, PNT, SBIR, STTR, Policy, GPS, Small business, Small Business Innovation Research, AFWERX, Air force, Air Force Research Laboratory, DAF, Management

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024
Defense, Government Technology, Public Policy, Government, Logistics, Supply Chain Management, Other Defense, Machinery, Machine Tools, Metalworking & Metallurgy, Other Transport, Other Manufacturing, Steel, Maritime, Engineering, Transport, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Software, Aerospace, Manufacturing, Hardware, Electronic Design Automation, Technology, White House, Federal Government, Retail, CHIPS, National security, CHIPS and Science Act, Acquisition, Naval Supply Systems Command, Ship, Shipbuilding

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

ESAB Corporation Releases Second Annual Sustainability Report

Retrieved on: 
Monday, April 8, 2024
Chemicals, Plastics, Green Technology, Energy, Sustainability, Manufacturing, Other Transport, Environment, Trucking, Rail, Maritime, Air, Transport, Other Manufacturing, Logistics, Supply Chain Management, Other Energy, Engineering, ESAB, GHG, Carbon, European, Safety, Renewable energy

As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.

Key Points: 
  • As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.
  • As part of shaping a better world, ESAB is raising the bar of the commitments made in its inaugural report with an additional commitment to having 50% of the Company’s global electricity come from renewable energy sources by the year 2030.
  • The report also highlights the Company’s continued commitment to workplace health and safety for all of its 9,000 global associates which resulted in an industry-leading total recordable incident rate of 0.43 in 2023.
  • Progress on our diversity and inclusion journey and efforts towards reflecting the communities and regions we are part of.

Yamaha Motor Company Selects Shippeo to Enhance Global Supply Chain Visibility and Efficiency

Retrieved on: 
Monday, April 8, 2024
Data Management, Automotive, Other Manufacturing, Technology, Other Sports, Other Retail, Engineering, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, General Automotive, Retail, Other Transport, Trucking, Rail, Maritime, Transport, Other Technology, Performance & Special Interest, Motorcycles, Internet, Partnership, SAP, Yamaha Motor Company, Supply, Kuru, Ship, Online shopping

Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.

Key Points: 
  • Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.
  • Shippeo will provide Yamaha with superior visibility and predictive insights across its entire global supply chain, encompassing ocean, railroad and over the road transportation.
  • “We are truly excited about this new strategic partnership with Shippeo and the benefits that it will most certainly bring to easing our Global Supply Chain challenges, simply from providing more seamless administrative and global visibility, “said Isamu “Sam” Kuru of Yamaha Motor Company Japan’s logistics Division.
  • This will enhance the resilience of Yamaha's global supply chain operations, ensuring enhanced transparency and reliability."

EuroGreen Maritime Secures Seven-Year Charter with Equinor ASA for Four Advanced Hybrid Battery / Dual-Fuel Methanol Tankers with Wingsails

Retrieved on: 
Monday, April 8, 2024
Sustainability, Environment, Alternative Energy, Energy, Technology, Maritime, Transport, Other Technology, Methanol, EGM, GHG, Sulfur oxide, Wind, NOx, Ship, Multimedia, EQNR, Shipbuilding

This transaction represents a significant advancement in green shipping and underscores a shared vision for a cleaner, more sustainable maritime industry.

Key Points: 
  • This transaction represents a significant advancement in green shipping and underscores a shared vision for a cleaner, more sustainable maritime industry.
  • These ships will be managed on behalf of EGM by V.Ships France under this time charter agreement with Equinor upon delivery.
  • Equinor ASA plans to deploy these technologically advanced vessels into product trading activities.
  • This initiative represents a significant step in reducing maritime operations' environmental footprint, further aligning with EGM's and Equinor's sustainability goals.