Marine

Concurrent Technologies Corporation to Continue Efforts to Improve Marine Corps Energy Resiliency

Retrieved on: 
Freitag, Mai 31, 2024

Johnstown, PA, May 31, 2024 (GLOBE NEWSWIRE) -- The U.S. Marine Corps Installations Command (MCICOM) has awarded Option Year 3 of the Facility Related Controls Systems (FRCS) Programmatic Support Contract to Concurrent Technologies Corporation (CTC).

Key Points: 
  • Johnstown, PA, May 31, 2024 (GLOBE NEWSWIRE) -- The U.S. Marine Corps Installations Command (MCICOM) has awarded Option Year 3 of the Facility Related Controls Systems (FRCS) Programmatic Support Contract to Concurrent Technologies Corporation (CTC).
  • Our diverse and dedicated project team, which includes our small business partner, Risk Mitigation Consulting (RMC), will continue providing Policy, Architecture, Cyber, and Community of Practice expertise.
  • The Marine Corps FRCS program consists of 350+ networked systems, including energy, utilities, fire and life safety, electronic security, and several other platforms associated with the operation of an installation.
  • CTC’s activities under this contract are designed to secure the infrastructure and optimize the usage of Installation FRCS data.

Propel Global Posts 166.1% Increase In Revenue For Q3 FY2024

Retrieved on: 
Dienstag, Mai 28, 2024

KUALA LUMPUR, May 28, 2024 - (ACN Newswire) - PROPEL GLOBAL BERHAD ("Propel Global" or the "Group"), a provider of oil and gas ("O&G") services, today announced its financial results for the third quarter of fiscal year 2024 ("Q3 FY2024").

Key Points: 
  • KUALA LUMPUR, May 28, 2024 - (ACN Newswire) - PROPEL GLOBAL BERHAD ("Propel Global" or the "Group"), a provider of oil and gas ("O&G") services, today announced its financial results for the third quarter of fiscal year 2024 ("Q3 FY2024").
  • The Group recorded an impressive revenue of RM65.8 million, marking a significant increase of 166.1% from RM24.7 million in the corresponding quarter of the previous year ("Q3 FY2023").
  • The Group reported a loss before tax ("LBT") of RM2.1 million for Q3 FY2024 compared to a profit before tax ("PBT") of RM0.9 million in Q3 FY2023.
  • Ms. Angeline Lee, Executive Director / Group Chief Executive Officer of Propel Global commented, "Our Q3 FY2024 results reflect our commitment to strategic growth and adaptability in a dynamic market environment.

Distinguished Programs and SiriusPoint Partner on Inland Marine Insurance Program

Retrieved on: 
Dienstag, Mai 21, 2024

Distinguished Programs (“Distinguished”), a leading national insurance program manager, today announces a new partnership with SiriusPoint Ltd. (“SiriusPoint”) for its Inland Marine insurance program.

Key Points: 
  • Distinguished Programs (“Distinguished”), a leading national insurance program manager, today announces a new partnership with SiriusPoint Ltd. (“SiriusPoint”) for its Inland Marine insurance program.
  • View the full release here: https://www.businesswire.com/news/home/20240521445964/en/
    "Our mission is to deliver efficiency and customization in Inland Marine insurance, with our expert team on hand to help brokers secure the right coverage for their clients.” Eric Michel, President of the Inland Marine group at Distinguished (Photo: Business Wire)
    The new program will offer tailored coverage for a focused segment of Inland Marine exposures, such as Motor Truck Cargo and Transportation, Contractors’ Equipment, Builders’ Risk, and more.
  • "Our mission is to deliver efficiency and customization in Inland Marine insurance , with our expert team on hand to help brokers secure the right coverage for their clients,” said Eric Michel, President of the Inland Marine group at Distinguished.
  • "Our Inland Marine team's wealth of knowledge positions us as leaders in the industry," said Stephen Sitterly, Chief Operating Officer at Distinguished.

The Sharrow™ Propeller by Sharrow Marine Is Honored in Fast Company’s 2024 World Changing Ideas Awards

Retrieved on: 
Dienstag, Mai 14, 2024

Sharrow Marine, the industry leader in innovative marine propulsion technology, announced today that Sharrow™ Propeller, the first major advancement in propeller technology since the 1830s, has been honored with a Fast Company 2024 World Changing Ideas Award, as a finalist in the Best World-Changing Idea North America category.

Key Points: 
  • Sharrow Marine, the industry leader in innovative marine propulsion technology, announced today that Sharrow™ Propeller, the first major advancement in propeller technology since the 1830s, has been honored with a Fast Company 2024 World Changing Ideas Award, as a finalist in the Best World-Changing Idea North America category.
  • The World Changing Ideas Awards is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and bold concepts that make the world better.
  • View the full release here: https://www.businesswire.com/news/home/20240514659650/en/
    The Sharrow™ Propeller by Sharrow Marine Is Honored in Fast Company’s 2024 World Changing Ideas Awards (Photo: Business Wire)
    Since its introduction, the Sharrow Propeller has revolutionized the marine industry with its patented twisted and curved blade design that combats drag, turbulence, and cavitation in the water.
  • "Being recognized by Fast Company in the World Changing Ideas Awards is a tremendous honor and a testament to the potential of the Sharrow Propeller,” said Founder and CEO of Sharrow Engineering and Sharrow Marine, Greg Sharrow.

Lexus Introduces the Next Evolution of the Lexus Luxury Yacht, LY 680

Retrieved on: 
Donnerstag, März 21, 2024

TOKYO, Mar 21, 2024 - (JCN Newswire) - The Lexus Luxury Yacht, LY 650, will take the next step in its evolution as the new LY 680 with some exciting, new enhancements.

Key Points: 
  • TOKYO, Mar 21, 2024 - (JCN Newswire) - The Lexus Luxury Yacht, LY 650, will take the next step in its evolution as the new LY 680 with some exciting, new enhancements.
  • Starting from March 21st, 2024, orders will be accepted only in Japan through Toyota Marine sales offices and other select dealers(1).
  • Lexus aims to be a luxury lifestyle brand and the flagship Luxury Yacht is the embodiment of the Lexus design philosophy "Crafted."
  • Horizon Group, who will build the LY 680, is a leading luxury yacht brand in Asia, specializing in custom-built yachts utilizing advanced technology and excellent production methods.

Kirby Corporation Announces 2024 First Quarter Results

Retrieved on: 
Donnerstag, April 25, 2024

Consolidated revenues for the 2024 first quarter were $808.0 million compared with $750.4 million reported for the 2023 first quarter.

Key Points: 
  • Consolidated revenues for the 2024 first quarter were $808.0 million compared with $750.4 million reported for the 2023 first quarter.
  • Marine transportation revenues for the 2024 first quarter were $475.4 million compared with $412.5 million for the 2023 first quarter.
  • Operating income for the 2024 first quarter was $83.0 million compared with $43.0 million for the 2023 first quarter.
  • Operating income for the 2024 first quarter was $22.0 million compared with $22.8 million for the 2023 first quarter.

FloQast Appoints Josh Glover as President and Chief Revenue Officer

Retrieved on: 
Mittwoch, April 24, 2024

LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider, today announced the appointment of Josh Glover as President and Chief Revenue Officer (CRO).

Key Points: 
  • LOS ANGELES, April 24, 2024 (GLOBE NEWSWIRE) -- FloQast, a Finance and Accounting Operations Platform provider, today announced the appointment of Josh Glover as President and Chief Revenue Officer (CRO).
  • Prior to joining FloQast, Glover served as President and Chief Revenue Officer at nCino, a global leader in cloud banking.
  • Glover started his software career in a customer success role and brings a customer-first mindset to driving revenue growth with FloQast.
  • "We couldn’t be more excited to welcome Josh Glover to the FloQast team as our new President and Chief Revenue Officer," said Mike Whitmire, CPA, CEO and co-founder of FloQast.

Crest Marine Expands Portfolio with the Launch of Balise Pontoon Boats

Retrieved on: 
Dienstag, April 23, 2024

OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats (“Balise”).

Key Points: 
  • OWOSSO, Mich., April 23, 2024 (GLOBE NEWSWIRE) -- Crest Marine, LLC., a leader in the recreational powerboat industry and subsidiary of MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), today announced the expansion of its portfolio with the launch of an all-new, independent luxury pontoon brand, Balise Pontoon Boats (“Balise”).
  • Balise was born from the singular mission to be the most luxurious and innovative pontoon boat on the market.
  • “The launch of the Balise brand is the culmination of nearly three years of careful consumer research, design, and engineering to redefine the way consumers experience on-water luxury and sophisticated entertainment,” said George Steinbarger, President of Crest Marine.
  • To learn more about Balise Pontoon Boats, visit BalisePontoonBoats.com .

Electrify Expo Industry Day Hosts Biggest Lineup of Speakers to Address Most Important Conversations in Electrification

Retrieved on: 
Dienstag, April 16, 2024

This year’s Industry Day is bigger and better than ever, gathering thought leaders from top brands to engage in thought-provoking conversations moderated by influential journalists.

Key Points: 
  • This year’s Industry Day is bigger and better than ever, gathering thought leaders from top brands to engage in thought-provoking conversations moderated by influential journalists.
  • As the biggest gathering of electrification and mobility brands and professionals, Electrify Expo Industry Day is a must-attend event for journalists, analysts and industry professionals.
  • “At this year’s Industry Day, we’re cutting through the noise and opening the door to lively discussions and healthy debates around the opportunities and challenges facing electrification.
  • For the most up to date speakers and schedule, along with tickets for Electrify Expo Industry Day, visit https://www.electrifyexpo.com/industry-day .

Sharrow and VEEM Reach Milestone in Performance Testing Results for Inboard Vessel Applications

Retrieved on: 
Montag, April 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240429251795/en/
    SHARROW by VEEM Propeller (Photo: Business Wire)
    After months of collaborative design work and testing of SHARROW by VEEM prototype designs on VEEM’s 64’ Viking test vessel, the companies confirmed that the key benefits of the Sharrow Propeller over conventional propellers can be replicated for inboard vessel applications.
  • This data will be critical for expanding the wide range of applications for inboard vessels globally.
  • "Reaching this milestone with VEEM marks a pivotal moment in our partnership and underscores the effectiveness of Sharrow's revolutionary propeller designs.
  • The SHARROW by VEEM propellers align with international initiatives aimed at reducing greenhouse gas emissions and marine noise pollution, promising a more sustainable future for marine transportation.