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J.F. Lehman & Company Completes Sale of Narda-MITEQ
Prnewswire· 2025-07-23 20:00
Bob Tavares, Chief Executive Officer of Narda-MITEQ, commented, "Through our partnership with the team at JFLCO, we have achieved tremendous organizational and process transformation resulting in significant operational and commercial improvements for our customers and employees. We are excited to build on our successes with our new partners at Amphenol." NEW YORK, July 23, 2025 /PRNewswire/ -- J.F. Lehman & Company ("JFLCO"), a leading alternative asset manager focused exclusively on the aerospace, defense ...
Watch: Hundreds Rescued From Burning Indonesian Ferry | WSJ News
WSJ News· 2025-07-21 15:10
Indonesian officials said a coast guard ship, six rescue vessels and several inflatable boats were deployed in the rescue operation and the fire was put out within an hour. Photo: Abdul Rahman Agu/AP; BAKAMLA/EPA/Shutterstock #WSJ #Indonesia #ferry #fire ...
X @The Wall Street Journal
China’s government is threatening to block a deal that would transfer ownership of dozens of seaports to Western investors if Cosco doesn’t get a stake https://t.co/VD83gJx5VT ...
iO3 Partners with Seadronix to Deliver AI-Assisted Navigation for Safer Maritime Operations
Globenewswire· 2025-07-16 12:30
Collaboration integrates AI technology into iO3's V.Sight platform SINGAPORE, July 16, 2025 (GLOBE NEWSWIRE) -- iOThree Limited ("iO3" or the "Company") (NASDAQ: IOTR), a pioneering provider of digital solutions for the maritime industry, announces a strategic technology collaboration with Seadronix, a leader in maritime AI core technologies, to advance navigational safety through intelligent onboard systems. As part of this partnership, iO3 will integrate Seadronix's proven Rec-SEA AI core module into the ...
Infortar acquired 100% ownership of its existing subsidiary
Globenewswire· 2025-07-15 06:00
Aktsiaselts Infortar acquired 10% of the shares in OÜ INF Saue from Lumi Partners JV1 OÜ. Following the transaction, Aktsiaselts Infortar holds 100% of the shares in OÜ INF Saue.The area of activity of OÜ INF Saue is the rental and operating of own or leased real estate. OÜ INF Saue owns a property located at Saue tee 10, Laagri, which accommodates a logistics center that is leased under a long-term lease agreement to Rimi Eesti Foods AS.The transaction is not treated as a transaction beyond everyday econom ...
X @Bloomberg
Bloomberg· 2025-07-11 09:06
The cost of insuring commercial ships that sail past Yemen’s Houthi militants surges after the rebels sank two ships and killed sailors this week https://t.co/XN0Oa90cQp ...
Ethics in Maritime Business | Zarir S. Irani | TEDxSGGSCC
TEDx Talks· 2025-07-02 16:16
To educate a man in mind and not in morals is to educate a menace to society. A ship is meant to be out at sea, but she's the safest in a harbor. Ethical conduct is the compass that guides us when we set sail into uncertain waters.Welcome everyone. My name is Captain Zar Irani. I've been out at sea for 14 years, done my time as they say, and have been involved in the maritime business for 20 34 years and counting.Today we're going to talk about the ethical compass of a marine business for that matter. These ...
Inmarsat NexusWave Exceeds 1,000 Vessel Orders Amid Growing Demand for High-Speed Connectivity
Globenewswire· 2025-07-01 09:01
Core Insights - Inmarsat Maritime has surpassed 1,000 orders for its NexusWave service, indicating strong demand in the global shipping industry for a fully managed, high-speed connectivity solution [1][6] - The service integrates multiple network technologies, providing seamless connectivity and high performance for maritime operations [3][4] Group 1: Product Features and Performance - NexusWave combines Global Xpress (GX) Ka-band, low-Earth orbit (LEO), coastal LTE, and resilient L-band services into a single solution, utilizing network-bonding technology for enhanced speed and capacity [3] - Real-world tests have shown download speeds of up to 340 megabits per second (Mbps) and upload speeds of up to 80 Mbps, with network availability exceeding 99.9% [4] - Users benefit from unlimited data, global coverage, and a secure infrastructure, enabling a wide range of applications such as web browsing, streaming, and social media access [5] Group 2: Market Adoption and Customer Benefits - Early adopters like "K" Line and Mitsui O.S.K. Lines are transforming their vessels into floating offices, enhancing crew welfare and operational efficiency [2][7] - The service is designed to support shipowners' digitalization strategies, providing a comprehensive connectivity solution with the convenience of a single provider [6][7] Group 3: Company Background - Inmarsat Maritime, a subsidiary of Viasat, has over 40 years of experience in the maritime industry, focusing on reliable and innovative connectivity solutions [7][9] - Viasat aims to create a global communications network to enhance connectivity across various sectors, including maritime [8]
Dividend payment ex-date of Aktsiaselts Infortar
Globenewswire· 2025-06-30 06:00
Aktsiaselts Infortar will pay the first instalment of dividends for the 2024 financial year in the net amount 1.5 euros per share. List of shareholders entitled to dividends will be recorded on 4 July 2025 at the end of the business day of the settlement system of the securities registrar (record-date).  The day of change of the rights related to the shares (ex-date) is 3 July 2025. From this date onwards, persons acquiring shares will not be entitled to receive dividends for the financial year 2024 on 15 J ...
How China is Beating India in Its Own Backyard
Bloomberg Originals· 2025-06-23 08:00
If you open a map that tracks ships, zoom in on the Indian Ocean, then turn on live tracking, the vital arteries of global commerce become obvious. Without access to it, trade between Europe, the Middle East, Africa and Asia would basically grind to a halt. These are the chokepoints, the critical passages that fuel the world economy.For India, they’re non-negotiable, carrying almost all its trade and energy. Since the Indian Ocean is named after India, it is quite integral to India’s worldview. But it’s als ...