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DALIAN, China, July 11, 2024 /PRNewswire/ -- A news report from chinadaily.com.cn: Hengli Heavy Industries plans to commence construction on over 30 vessels this year, process nearly 500,000 tons of steel plates, and engage over 20,000 personnel at its yard in Changxing Island of Dalian, Liaoning province. In April, its first ship, a 61,000 dwt bulk carrier, was delivered more than 40 days ahead of the scheduled delivery date set at the beginning of the year. The shipyard, formerly known as STX Dalian, was once the largest foreign-owned shipyard in China. STX Dalian was founded in 2006 but declared bankruptcy and liquidation in 2015. In 2022, Hengli Heavy Industries, a subsidiary of Hengli Group, was established and acquired the shipyard. Hengli Heavy Industries is focusing on developing a world-class green shipbuilding and high-end equipment manufacturing hub. At Changxing Island, this strategic move supports Hengli Group's logistics for crude oil, coal, and product transportation while repurposing exhaust gases from the Hengli (Dalian) Petrochemical Industrial Park into cost-effective energy for heavy industries. At the beginning, facing numerous challenges, such as dilapidated facilities and outdated equipment, it quickly assembled a 100-member team composed of internal and external experts, which thoroughly assessed STX Dalian's assets to ensure clear ownership and operational readiness under stringent corporate standards. With robust support from local authorities, Hengli Heavy Industries swiftly restored the shipyard's production capabilities. The administrative committee of the Changxing Island Economic and Technological Development Zone had set up a dedicated working group to collaborate on-site with the project team. Within several days, over 5,000 employees worked in tandem daily to refurbish facilities and reinforce roads. The equipment manufacturing sector began production in just 25 days. By January 2023, the entire Hengli Heavy Industries complex was fully operational, with shipbuilding, marine engineering, engines, and precision casting sectors advancing concurrently. The shipbuilder also established a ship design and research center, attracting globally renowned experts in design, quality, and production. "Starting from scratch, we have successfully recruited international talents, including over a dozen Korean experts," said Wang Xiaohai, general manager of Hengli Shipbuilding (Dalian) Co Ltd. Once into full production, the company is expected to deliver 60 vessels per year. [Photo/Hengli Group]
GOTHENBURG, Sweden, June 29, 2024 /PRNewswire/ -- Stena RoRo has ordered another two E-Flexer RoPax vessels from the Chinese shipyard CMI Jinling (Weihai). The vessels will be delivered in 2027 to the Greek shipping company Attica Group and will operate in the Adriatic Sea. This is Stena RoRo's fourteenth and fifteenth vessel in the E-Flexer series. The two vessels will be on long-term charter agreements to the Attica Group with an option to purchase and a potential option for two more vessels. The E-Flexer series is based on a concept with larger vessels than today's standard RoPax ferries and is very flexible. Each ship is tailored to the customers' needs, both commercially and technically. Optimized design of the hull, propellers and rudders, together with possibilities to incorporate new environmentally friendly technologies, help to ensure that the E-Flexer vessels are at the forefront when it comes to sustainability, performance and cost effectiveness. The vessels' engines are of the multi-fuel type and can run on conventional marine fuel (HFO or MGO) or biodiesel. In addition, the engines are methanol ready. The E-Flexer concept has been designed in line with future environmental requirements and, through its technical design, can meet both existing and future international requirements by a wide margin. The vessels will be designed with the classification society notation "Battery power" which means that in the future the vessels will also be able to utilize batteries as a means of propulsion, partly or completely, depending on the battery development. Panos Dikaios, CEO, Attica Group commented:"For three decades, the Attica Group has been renewed through the design and construction of new vessels. The Superfast series redefined the Adriatic ferry market in terms of quality and speed, the sister vessels Blue Star Patmos and Blue Star Delos significantly upgraded the travel experience on the Aegean Sea routes and the latest addition, the three state-of-the-art Aero Highspeed, have already contributed substantially to the increase of visitors to the Saronic Islands. Our agreement with Stena RoRo for the charter of two new state-of-the-art vessels, sets new standards for the entire Greek ferry industry. It drastically reduces our environmental footprint, redefines the travel experience and responds dynamically to the challenges of tomorrow." Per Westling, VD Stena RoRo stated:"The E-Flexer vessels to Attica have been jointly designed and ordered as the most bespoke E-Flexers so far. The design is extremely versatile, and the ships will, with their inherent flexibility of different fuels, battery hybrid operation and many other fuel saving features, play an important role in the green transition of the Attica Superfast Adriatic RoPax service." Stena RoRo currently has 15 confirmed orders for E-Flexer vessels, as well as two so-called "New Max" RoRo vessels, at CMI Jinling, Weihai shipyard. Ten ships have been delivered. Specification of Stena E-Flexer orders: 1. Stena Line: Stena Line network in the Irish Sea; delivery 2019 2. Stena Line: Stena Line network in the Irish Sea; delivery 2020 3. Brittany Ferries: Brittany Ferries network; delivery 2020 Long charter agreement 4. Stena Line: Stena Line network in the Irish Sea; delivery 2021 5. DFDS; DFDS network; delivery 2021 Long-term charter agreement 6. Brittany Ferries: Brittany Ferries network; delivery 2021 Long-term charter agreement; LNG operation 7. Stena Line; Stena Line network, delivery May 2022 from the shipyard Extended version 8. Stena Line; Stena Line network, delivery September 2022 from the shipyard Extended version 9. Brittany Ferries: Brittany Ferries network; delivery December 2022 Long-term charter agreement; LNG operation 10. Marine Atlantic; Marine Atlantic network, delivery February 2024 Long charter agreement; LNG operation with battery-hybrid installation 11. Brittany Ferries: Brittany Ferries network, delivery 2024 Long charter agreement; LNG operation with battery-hybrid installation 12. Brittany Ferries: Brittany Ferries network, delivery 2025 Long charter agreement; LNG operation with battery-hybrid installation 13. Corsica Linea, Corsica Linea network, delivery 2026 LNG operation with battery-hybrid installation 14. Attica Group, delivery April 2027 Methanol ready, battery-hybrid installation 15. Attica Group, delivery August 2027 Methanol ready, battery-hybrid installation About E-flexer No. 14 and 15:Length: 240 mDraught: 6.4 mBeam: 27.8 mCapacity: 1500 passengers and 3320 cargo meters freightPassenger cabins: 256Speed: 24 knotsRendering by Peter Mild.For more information, please contact:Per Westling, Managing Director, Stena RoRo ABTel: +46 31 855154; +46 704 85 51 54Email: per.westling@stena.com Since 1977, Stena RoRo has led the development of new marine RoRo, cargo and passenger concepts. We provide custom-built vessels, as well as standardized RoRo and RoPax vessels. The company leases about fifteen vessels to operators worldwide, both other Stena companies and third parties. Stena RoRo specializes primarily in applying its technical expertise to the design and production of new vessels and the conversion and technical operation of existing vessels for providing tailored transport solutions to its customers. We call this "Stenability". Since 2013, we have had responsibility for the design and completion of Mercy Ships' new hospital vessel the Global Mercy – the world's largest civilian hospital ship. The ship was delivered in 2021.www.stenaroro.com Attica Group, with a long-standing presence in the Greek and international seas, leads the Greek passenger shipping industry and is among the largest shipping companies worldwide. Through the brands of Superfast Ferries, Blue Star Ferries, Hellenic Seaways and ANEK Lines, and with a fleet of more than 40 ships, Attica Group connects links more than 60 destinations every day, offering modern, high-level transport services in Greece and international routes (Greece – Italy). The Group has also expanded its presence in the tourism sector with the acquisition of 3 hotels in Naxos (2) and Tinos (1). With a clear commitment towards integrating the principles of sustainable development into its business activity and operations, Attica Group was the first company in the passenger shipping industry worldwide to issue a Responsibility & Sustainability Report in 2009, according to the GRI guide.www.attica-group.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/stena-roro/r/stena-roro-places-order-for-two-new-multi-fuel-e-flexer-ropax-vessels,c4009034 The following files are available for download: https://mb.cision.com/Main/9515/4009034/2893575.pdf Stena RoRo places order for two new multi-fuel E-Flexer RoPax vessels https://news.cision.com/stena-roro/i/rendering-e-flexer-14-and-15,c3316255 Rendering E-Flexer 14 and 15
GARLAND, Texas, June 28, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the Company will ring the closing bell at the Nasdaq MarketSite in Times Square, New York on Monday, July 15, 2024. "We are excited and honored to ring the bell to commemorate our recent listing," said David Shan, Founder, Chairman & CEO of Massimo. "We are experiencing continued momentum across our business. Our recent strategic partnership with Armlogi Holding Corp has enhanced our operational capabilities by providing access to their warehouses in Savannah, GA, Edison, NJ, and Walnut, CA, complementing the expansion of our facility in Garland, TX to meet the rising demand of our vehicles across the US. Given these positive developments, we have a clear trajectory for sustained growth into 2024. "This ceremony recognizes our Nasdaq listing as a Company milestone and celebrates our team's tremendous amount of work and dedication to positioning the company for long-term growth. We look forward to representing Massimo at the marquee event on behalf of all our employees and shareholders," concluded Shan. Mr. Shan will be accompanied at the closing bell ceremony by Massimo Chief Financial Officer, Dr. Yunhao Chen, Vice President, Mike Smith, other corporate management team and company guests. The live broadcast of the Nasdaq Closing Bell ceremony will begin at 3:45 p.m. Eastern Time on Monday, July 15, 2024. To view the broadcast, visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony. Management will also take part in a Behind the Bell interview from the Nasdaq MarketSite following the closing bell ceremony, which will be available here once published. Company management will also be in New York City from July 12 – 16, 2024 for in-person media interviews and investor meetings. Interested parties should contact MZ Group at 949-491-8235 or MAMO@mzgroup.us to schedule an interview. About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style mini-bikes. Massimo Marine manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo is also developing electric versions of UTVs, golf-carts and pontoon boats. The company's 286,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, business plans and future financial results; and any other statements that are not historical facts. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the "Risk Factors" section of Massimo's Registration Statement on Form S-1 for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. CompanyDr. Yunhao ChenChief Financial OfficerMassimo Groupir@massimomotor.com Investor Relations Chris Tyson Executive Vice President MZ North AmericaDirect: 949-491-8235MAMO@mzgroup.us
SHANGHAI, June 27, 2024 /PRNewswire/ -- On June 25th, SANY Marine, a subsidiary of SANY Heavy Industry, signed a landmark agreement with Saudi Global Ports Company (SGP), a joint venture between PSA International and local partners, to promote sustainable development and strategic cooperation in Saudi Arabian ports. This agreement, which includes the purchase of 80 electric trucks, represents the largest single order of electric trucks globally. SANY Marine and SGP Collaborate to Advance Sustainable Development and Strategic Cooperation in Saudi Arabian Ports The signing ceremony was attended by high-profile figures, including Mr. Rayan AlBakri, Deputy Minister of Transport of Saudi Arabia, Edward Tah, CEO of SGP, Fu Weizhong, Chairman of SANY Marine, and Tang Weibin, General Manager of Overseas Marketing. This event underscores the commitment to driving sustainable growth in the port industry. SGP, a joint venture between PSA, the Public Investment Fund (PIF), and Al Blagha Group, aims to accelerate the low-carbon development and modernization of PSA's ports. SANY Marine's electric trucks will contribute to addressing climate change and align with Saudi Arabia's "Vision 2030" sustainable development goals. This collaboration is part of Saudi Arabia's strategy to position itself as a key global logistics hub connecting three continents. The facility was awarded "Port of the Year" at the 2024 ShipTek Awards and will have the largest electric fleet in the Middle East upon completion of the transaction. SANY's electric trucks will play a vital role in port operations by reducing air and greenhouse gas emissions through zero-emission technology, thus protecting the environment. They also offer higher energy efficiency and cost savings in operation and maintenance. Omar Hariri, Chairman of the Saudi Ports Authority, expressed his excitement about the contract, stating, "This contract contributes to the development and modernization of the port, making it a flexible and sustainable logistics center." Earlier this year, SANY Heavy Industry delivered 50 dump trucks to Saudi Arabia. Along with over 1,700 SANY Heavy Industry equipment deployed at the NEOM construction site, these vehicles mark a significant contribution to the region's development. SGP has been collaborating with SANY Marine, a subsidiary of SANY Heavy Industry, since 2013. To date, approximately 50 mobile port equipment and six rubber-tired gantry cranes (RTGs) have been delivered.
SAN DIEGO, June 26, 2024 /PRNewswire/ -- Joined by diverse partners and industry supporters, Crowley christened the eWolf, America's first all-electric ship assist harbor tugboat. Operating with zero emissions and other sustainable technology, the tugboat delivers the high-power capability, safety and efficiency that Crowley has made its reputation. Vice Chairwoman Christine Crowley of Crowley Corporation carries out the christening of eWolf, the first U.S. all-electric, zero-emission tug, on June 25, 2024, in San Diego. "The eWolf is a historic milestone in the maritime industry and Crowley's legacy, and underscores our company's commitment to serve as global sustainability leaders and innovators. The all-electric tugboat is the most technologically advanced vessel of its kind, and eWolf will help our customers and communities reach their decarbonization goals while delivering capabilities that strengthen our vital supply chain," said Tom Crowley, Chairman and CEO. "We congratulate the people whose tireless dedication brought the eWolf to fruition with our partners at the federal, state and local government, setting a new standard not just in America, but globally." During the ceremony, Crowley welcomed Gustav Hein, Director of the Mid-Pacific Gateway Region for the U.S. Maritime Administration; Frank Urtasun, Port of San Diego Chairman; Jack Shu, San Diego County Air Pollution Control District Governing Board Chair and a City of La Mesa Councilmember; Diane Takvorian, member of the California Air Resources Board; and Council President Pro Tem Joe LaCava of San Diego to celebrate the industry milestone. Crowley Vice Chairwoman Christine Crowley served as the sponsor to give the blessing and conduct the christening on San Diego Bay. The eTug will enter commercial service this week. "Crowley's first-of-its-kind electric tugboat is a game changer. It checks all the boxes by providing environmental, economic, and operational benefits for our communities and maritime industry," said Urtasun. "This is truly a story of teamwork and collaboration. We are proud to work with Crowley and our state and local partners on this and other electrification initiatives at and around our port, including electric cargo handling equipment like our all-electric mobile harbor cranes, our microgrid, vessel shore power, and more." Built by Master Boat Builders in Coden, Ala., the 82-foot vessel delivers 70 tons of bollard pull – stronger than its conventional predecessor. The eTug also features a fully integrated electrical package for battery energy storage by ABB with advanced technology for mariner safety. eWolf is supported by a new microgrid shoreside charging station that enables the tug to operate at full performance daily on electricity. Crowley was joined at the vessel christening by project partners including the Port of San Diego, San Diego County Air Pollution Control District, the California Air Resources Board (CARB), the U.S. EPA and the U.S. Maritime Administration. The collaborative effort among federal, state and local partners to decarbonize the port furthers the shared goal of improving air quality for San Diego. "CARB is proud to partner on this historic effort that will reduce air and climate pollution. Impacted Portside communities, like Barrio Logan and National City, breathe more diesel pollution than 90% of California communities and children experience up to 5 times more asthma hospitalizations," said Takvorian, CARB board member. "The eWolf will contribute significantly to creating a healthy environment for all communities." "SDAPCD is proud to have provided funding for the eWolf project, a groundbreaking initiative aimed at transitioning from traditional diesel-powered vessels to electric propulsion systems," said Shu, City of La Mesa Councilmember and SDAPCD Governing Board Chair. "The eWolf exemplifies how collaboration between government and private partners can drive meaningful change, contributing significantly to a cleaner, healthier environment for everyone." A longtime leader in safe and efficient marine services, the company chose eWolf's name in a nod to a tugboat in the company's initial fleet, the Sea Wolf, which operated more than a century ago in California. About Crowley Crowley is a privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors with $3.5 billion in annual revenues, over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world – employing more U.S. mariners than any other company. The Crowley enterprise has invested more than $3.2 billion in maritime transport, which is the backbone of global trade and the global economy. As a global ship owner-operator and services provider with more than 130 years of innovation and a commitment to sustainability, the company serves customers in 36 nations and island territories. Additional information about Crowley, its business units and subsidiaries can be found at www.crowley.com. Media Contact:David DeCampDavid.decamp@crowley.com (904) 727-4263
ARLINGTON, Va., June 26, 2024 /PRNewswire/ -- Today, Venture Global announced the successful launch of its first LNG vessel, the Venture Gator at a ceremony which took place at the Samsung Heavy Industries shipyard in Geoji-si, South Korea. The Venture Gator is the first of nine LNG carriers in the Venture Global fleet to be completed in quick succession across three shipyards in South Korea over the coming 24 months, which will transport LNG from the U.S. to multiple global partners and destinations. The ship deploys best-in-class environmental and efficiency technology and will be primarily fueled by Venture Global's liquefied natural gas. The Venture Gator and progressively the fleet's other eight ships will commence serving our global partners in Europe and Asia beginning this fall. Courtesy of Venture Global "Venture Global is proud to have launched our first ship, the Venture Gator at SHI in Korea. President Biden has committed to increasing LNG supply into Europe and we are pleased to be in a position to continue to support these efforts with a fast-growing shipping fleet, wholly owned, operated and controlled by Venture Global. With these ships, we will increase the security of natural gas supply, through low-cost LNG delivered directly to allies across the world," said Mike Sabel, CEO of Venture Global. The Venture Gator is a 174,000 cubic meter ship, in a state-of-the-art fleet which showcases the industry's newest, clean technologies for transporting LNG across the world. The new hull design; onboard reliquefication (for liquefying gas which has "boiled-off" in transit); air-lubrication systems (ejecting air bubbles from the hull to reduce friction through the water); an auxiliary shaft generator (reducing the number of auxiliary generators running at sea) and exhaust gas recirculation systems (to reduce methane) make Venture Global's LNG new-build carrier fleet among the cleanest on the ocean today. About Venture Global LNG Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global's first facility, Calcasieu Pass, commenced producing first LNG in January 2022. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities
Maritime/Shipbuilding
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