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X @Bloomberg
Bloomberg· 2025-11-03 08:05
The US is expected to suspend port fees for a year on China-linked vessels starting next week, as the two countries deescalate a maritime contest that had become a sticking point in the trade war https://t.co/1e0KFhEsJs ...
Heidmar Announces Date for the Third Quarter 2025 Results, Conference Call, and Webcast
Globenewswire· 2025-10-31 20:05
Core Viewpoint - Heidmar Maritime Holdings Corp. will release its third quarter financial results on November 6, 2025, after market close, followed by a conference call on November 7, 2025, at 8:00 A.M. Eastern Time [1] Group 1: Earnings Release Details - The earnings release for the third quarter ended September 30, 2025, is scheduled for November 6, 2025, after market closes [1] - A conference call to discuss the financial results will take place on November 7, 2025, at 8:00 A.M. Eastern Time [1] Group 2: Conference Call Information - Participants should dial in 10 minutes before the scheduled time using specific numbers provided for US and international access [2] - A "call me" option is available for participants to join the conference call more quickly [3] Group 3: Webcast Information - A live and archived audio webcast of the conference call will be available on the Company's website [4] - Participants are advised to register approximately 10 minutes prior to the start of the webcast [4] Group 4: Company Overview - Heidmar is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary [5] - The company operates in multiple global locations, including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, and aims to maximize customer profitability [5] - Heidmar offers a "one stop" solution for maritime services in the crude oil and refined petroleum product sectors, leveraging its unique business model and extensive industry experience [5]
Oslo Innovation Week Showcases Scalable Climate Solutions
Forbes· 2025-10-31 09:04
Core Insights - Oslo Innovation Week 2025 attracted 15,000 participants from various sectors, focusing on climate action through research and entrepreneurship [3] - Oslo's annual venture capital has surged 13 times since 2014, reaching $650 million in 2024, driven by interests in clean technology, maritime technology, and life sciences [4] Company Highlights - **Norwegian Mycelium (NoMy)**: Winner of the Oslo Innovation Award 2025, NoMy transforms food industry waste into mycoproteins using AI-driven fermentation, recently raising €1.25 million for commercialization [6][9] - **Avisomo**: Innovating modular vertical farming to reduce waste and costs in fresh produce supply chains, Avisomo secured €5.2 million in funding to develop its indoor farming solutions [11][12] - **Agoprene**: Developed a sustainable seaweed-based foam alternative to petroleum-based products, recently launching automated production after receiving a grant of $81,900 from the EU [15][17] - **Brim Explorer**: Offers hybrid electric boats for sustainable tourism, with plans to expand its fleet and promote environmental awareness through its Ocean Ambassador Program [20][24] - **Telescope**: An AI-driven platform that assesses climate risks for real estate, raised €3.7 million to enhance its services, providing localized risk assessments [25][28][30] Industry Trends - The focus on sustainability is evident as companies like NoMy and Agoprene address environmental impacts in food production and materials [6][15] - The rise of vertical farming solutions like Avisomo indicates a shift towards reducing carbon footprints in agriculture [11][12] - The maritime sector is adapting to sustainability demands, with Brim Explorer leading the way in eco-friendly tourism [20][21] - The financial sector is increasingly recognizing climate risks, as highlighted by Telescope's innovative approach to risk assessment [26][27][29]
MATSON TO ANNOUNCE THIRD QUARTER 2025 RESULTS ON NOVEMBER 4, 2025
Prnewswire· 2025-10-20 20:10
Core Viewpoint - Matson, Inc. will release its financial results for the third quarter on November 4, 2025, with a conference call scheduled to discuss these results [1][2]. Company Overview - Founded in 1882, Matson is a leading provider of ocean transportation and logistics services, primarily serving the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as other island economies in Micronesia [3]. - The company operates premium expedited services from China to Long Beach, California, and provides services to Okinawa, Japan, and various islands in the South Pacific [3]. - Matson's fleet includes containerships, combination container and roll-on/roll-off ships, and barges, and it has an integrated logistics service network throughout North America and Asia [3].
X @Bloomberg
Bloomberg· 2025-10-16 11:44
Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global maritime carbon tax that has drawn backlash from Washington https://t.co/7w13Jr21xs ...
NEXTCHEM (MAIRE) AND SIEMENS ENERGY WILL COOPERATE TO DEVELOP MODULARIZED HIGH TEMPERATURE METHANOL FUEL CELL SOLUTIONS FOR THE MARITIME INDUSTRY
Prnewswire· 2025-09-26 16:13
Core Insights - MAIRE and Siemens Energy have signed a Memorandum of Understanding to collaborate on the development and commercialization of a new methanol high temperature fuel cell, utilizing a modularized solution [1][10] Group 1: Collaboration Details - NEXTCHEM will design and supply the methanol fuel cell module, while Siemens Energy will focus on onboard system integration and energy management [2] - The initial target market for this collaboration is the high-end yachting segment within the maritime industry [2] Group 2: Environmental Impact - The fuel cell technology will reform low-carbon methanol into hydrogen for onboard power generation, enabling net-zero operations for vessels [3] - This solution aims to significantly reduce the use of fossil marine diesel fuel and avoid emissions of regulated nitrous and sulfur oxides [3] Group 3: Market Applications - The methanol fuel cell module is expected to serve various applications beyond yachting, including stationary net-zero power generation for data centers and industrial processes [5] - The first industrial-scale installation of this system is planned for a flagship net-zero yacht currently under construction [4] Group 4: Strategic Vision - Fabio Fritelli from NEXTCHEM emphasized that this modularized fuel cell solution will cover the entire low-carbon methanol value chain, enhancing production technologies and expanding methanol applications [6] - Giuseppe Sachero from Siemens Energy highlighted the importance of collaboration in the energy transition, noting that fuel cells are integral to clean fuel technologies across multiple industrial applications [7]
Cetasol nets €2.3m to scale AI-driven fuel saving platform
Yahoo Finance· 2025-09-25 16:11
Core Insights - Cetasol, a Swedish AI company, has raised €2.3 million ($2.7 million) in seed funding to enhance its AI-driven decision support and digital twin technology aimed at reducing fuel consumption for ships [1][4] - The investment was co-led by BackingMinds and Shift4Good, with continued support from existing investor Sarsia [1] - Cetasol's primary product, iHelm, utilizes digital twin technology to collect data from vessels and optimize fuel consumption, targeting small- and medium-sized ships that represent nearly 90% of the global fleet [3][4] Funding and Investment - The seed funding round of €2.3 million ($2.7 million) will enable Cetasol to scale its technology and expand its commercial reach in the maritime industry [1][4] - BackingMinds CFO Niclas Wijkstrom highlighted that Cetasol is addressing a significant gap in the maritime industry [2] Technology and Product Features - The iHelm platform processes information through edge computing, providing real-time fuel-saving recommendations to ship captains [2] - The system transmits operational data to a cloud-based dashboard, allowing users to access performance metrics, address maintenance needs, and track compliance [2] - Estimated fuel savings from using iHelm range from 10% to 25% [4] Market Opportunity - Cetasol identifies a market opportunity in small- and medium-sized vessels, which are often underserved and lack access to affordable optimization tools [3] - The company aims to further develop its technology platform to meet industry demands for data-driven operations and sustainability measures [5]
Methanex Launches Global Methanol Bunkering Operations with Strategic Partnerships in the ARA Region and South Korea
Globenewswire· 2025-09-23 21:00
Core Insights - Methanex Corporation has announced new strategic partnerships in the ARA region and South Korea to enhance its role in the marine energy transition [1][2] - The partnerships aim to provide safe and reliable methanol bunkering services in key global trade corridors, supporting maritime decarbonization efforts [2][3] Group 1: Partnerships and Collaborations - In the ARA region, Methanex is collaborating with TankMatch to offer barge-to-ship methanol bunkering, building on a previous arrangement acquired through OCI [1][2] - In South Korea, Methanex is partnering with Alpha Maritime and Hyodong Shipping to facilitate last-mile bunkering operations [1][5] - All partners are vetted to meet Methanex's operational and safety standards, ensuring a reliable service [2] Group 2: Industry Context and Demand - The demand for low-carbon methanol is expected to increase significantly in the coming years, prompting Methanex to expand its supply capabilities [3] - The partnerships are positioned to help the maritime industry comply with tightening regulatory requirements regarding fuel emissions [3] Group 3: Expertise and Safety Measures - Methanex leverages over a decade of experience with its subsidiary, Waterfront Shipping, to ensure a safe bunkering experience [2] - The company has developed a comprehensive methanol bunkering safety package and technical guidance based on international protocols [2]
X @Bloomberg
Bloomberg· 2025-09-20 12:20
Market Trends - Arctic region thawing leads to surging demand for icebreaker ships [1] - Icebreaker ships facilitate business opportunities in the Arctic [1] - Icebreaker ships are needed to fend off geopolitical rivals in the Arctic [1]