Marine

EQS-News: Fiscal year 2023: RENK Group AG continues profitable growth trajectory

Retrieved on: 
Wednesday, April 10, 2024
Moody's Investors Service, Growth, CFO, Marine, Operation, Total, Navy

EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).

Key Points: 
  • EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).
  • "The strong order intake and revenue growth of our segments over the past fiscal year reflect the high demand for our products and technological solutions", explained Susanne Wiegand, CEO of RENK Group AG.
  • For fiscal year 2024, RENK Group AG is expecting growth to continue and is confirming its financial forecast.
  • The successful stock exchange listing of RENK Group AG on February 7, 2024 laid the groundwork for further international growth.

Newsweek Web Series “Unconventional” Featuring Naveed Jamali Honored by 2024 Webby Awards

Retrieved on: 
Monday, April 8, 2024
Webby Awards, B-2, Associate, Large, Marine, International Academy, Internet, Digital art, Webby, B-52, Woman, Stealth, Newsweek, Convention (norm), IADAS

NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- The International Academy of Digital Arts & Sciences (IADAS) announced the nominations for the 28th Annual Webby Awards, recognizing the Newsweek web series Unconventional as an honoree for best-branded entertainment video series.

Key Points: 
  • NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- The International Academy of Digital Arts & Sciences (IADAS) announced the nominations for the 28th Annual Webby Awards, recognizing the Newsweek web series Unconventional as an honoree for best-branded entertainment video series.
  • The series features Newsweek Editor at Large, Naveed Jamali, who is a military expert, author, veteran, journalist, and former spy.
  • For each episode, Naveed embeds for 36 hours with various military commands, giving an inside look at today's armed forces in action.
  • This year’s Webby Award winners will be announced on May 13, 2024 at Cipriani Wall Street in Manhattan.

Kratos Demonstrates XQ-58A Electronic Warfare Capabilities for United States Marine Corps

Retrieved on: 
Tuesday, April 2, 2024
Aircraft, Naval Air Systems Command, Department of Defence, Unmanned aerial vehicle, Marine, Risk, SAN, UAV, Integration, UAS, NAWCAD, F-35, Naval Air Warfare Center, Marine Air-Ground Task Force, MAGTF, Kratos, Grumman, Atmosphere, OUSD, MUX, Defense, Valkyrie, NAVAIR, Jet fuel

The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.

Key Points: 
  • The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.
  • Flight test support was provided by the 40th Flight Test Squadron, 96th Test Wing.
  • Flying since 2019, the Kratos XQ-58A Valkyrie is a high-performance, runway-independent tactical UAV capable of long-range flights at high-subsonic speeds.
  • “MUX TACAIR promises to increase the lethality and survivability of our current crewed platforms,” said Lt. Col. Bradley Buick, Cunningham Group Capabilities, Research, and Integration Officer.

Jacobs to Design Miami-Dade Wastewater Treatment Plant Expansion and Upgrades

Retrieved on: 
Tuesday, April 9, 2024
Health, Climate change, Infection, Thames Tideway Scheme, Risk, Pure, Digital, Central Interceptor, Mission, Carbon footprint, Management, Private sector, Security (finance), Engineering, Intelligence, City, Plant, WASD, Annual report, Water, Marine, Safety, Multimedia, Result, Analysis, Government, Legislation, Conversation, Ageing, Locksmithing

DALLAS, April 9, 2024 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the Miami-Dade County Water and Sewer Department (WASD) to design upgrades for the county's three wastewater treatment plants benefitting nearly 2.4 million residents and hundreds of thousands of visitors each year.

Key Points: 
  • Under the six-year professional services agreement, Jacobs will support upgrades aimed at modernizing aging infrastructure, improving operational performance, mitigating climate change impacts and addressing the system's resilience across the department's wastewater treatments plants and system.
  • "As climate change intensifies, maintaining the aging wastewater system in Miami-Dade County is an increasingly complex challenge requiring creative, integrated and holistic solutions," said Jacobs Senior Vice President Ron Williams.
  • Jacobs' certified trainers have also provided operator training to Miami-Dade County staff to help renew their water and wastewater licensure.
  • Ranked as No.1 in Wastewater Treatment by Engineering News-Record, Jacobs provides solutions that conserve water, while optimizing utility operations through reduced energy consumption and carbon footprint.

Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results

Retrieved on: 
Monday, March 18, 2024
Research, Tax, Development, Transport, NIWC, Intelligence, Business, Marine, Oceanography, Sale, News, Person, Engineering, Rail transport by country, Human voice, CODA, Business plan, Diving, Traction, United States Navy, Safety, Calendar, Navy, Roivant Sciences

ORLANDO, FL, March 18, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2024 (FQ2024).

Key Points: 
  • ORLANDO, FL, March 18, 2024 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (“CODA” or the “Company”) (Nasdaq: CODA), a global market leader in 3D/4D/5D/6D imaging sonar technology for real time subsea intelligence and cutting-edge diving technology, today reported its unaudited financial results for its fiscal first quarter ended January 31, 2024 (FQ2024).
  • Annmarie Gayle, CODA’s Chairman and CEO, commented: “Our First Quarter 2024 results were in alignment with our internal Business Plan but down compared to our First Quarter 2023.
  • “
    The Company’s full financial results, including its Quarterly Report for the First Quarter of 2024, are available at www.nasdaq.com/symbol/coda/sec-filings .
  • CODA will host a conference call today, March 18, 2024, at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) to discuss its results for the First Quarter ended January 31, 2024.

Sharrow Marine Opens Preorders for Sharrow CX™ Propeller for Contra-Rotating Sterndrives and Outboards

Retrieved on: 
Tuesday, March 12, 2024
Engineering, Maritime, Sports, Transport, Manufacturing, Powerboating, Volvo, Marine, Contra, Mercury, CNC, LAB, Sharrow, Multimedia, Propeller

Sharrow Marine, the industry leader in innovative marine propulsion technology, announces the opening of preorders for the highly anticipated Sharrow CX™ Propeller for contra-rotating sterndrives and outboards, with estimated shipping in the Spring of 2026.

Key Points: 
  • Sharrow Marine, the industry leader in innovative marine propulsion technology, announces the opening of preorders for the highly anticipated Sharrow CX™ Propeller for contra-rotating sterndrives and outboards, with estimated shipping in the Spring of 2026.
  • The Sharrow CX Propeller is an extension of the patented and award-winning Sharrow Propeller lineup and brings the company’s innovative technology to contra-rotating applications.
  • “Since the day we announced the Sharrow Propeller to the market in 2020, the response from the boating community for a contra-rotating version of flagship design has been incredible, with many eagerly anticipating our expansion into this market sector,” said Founder and CEO of Sharrow Engineering and Sharrow Marine and inventor of the Sharrow™ Propeller, Greg Sharrow.
  • With our engineer-guided model selection process, each Sharrow Propeller is made to order, and our thorough fitting and testing procedures guarantee performance tailored precisely to your needs and preferences.

Petroserv Marine, Inc. Announces Agreement with PS Marine Holding Ltd

Retrieved on: 
Monday, March 11, 2024
Oil, Gas, Energy, Maritime, Transport, Other Energy, Filter (signal processing), Marine, Consortium, SPV, Sale, Universal

Petroserv Marine, Inc. (“Petroserv") and PS Marine Holding Ltd (the "Consortium"), an SPV formed by a consortium of financial investors, announced today that they have signed an agreement under which the Consortium will acquire substantially all Petroserv’s assets via a share purchase of Petroserv’s direct subsidiary, Universal Energy Resources Inc.

Key Points: 
  • Petroserv Marine, Inc. (“Petroserv") and PS Marine Holding Ltd (the "Consortium"), an SPV formed by a consortium of financial investors, announced today that they have signed an agreement under which the Consortium will acquire substantially all Petroserv’s assets via a share purchase of Petroserv’s direct subsidiary, Universal Energy Resources Inc.
  • The sale of Petroserv to the Consortium will result in a recapitalized industry-leading Brazilian offshore drilling company backed by new shareholders.
  • Guilherme Coelho, Petroserv’s Chief Executive Officer, said, "We are very pleased to enter into this agreement with PS Marine Holding.
  • I would like to thank our existing Board, lenders and other stakeholders for their support over the last several years.”

Marine protected areas are not being effectively monitored and assessed, undermining global goals according to Economist Impact research

Retrieved on: 
Tuesday, March 12, 2024
Hearts of the Innocent, Environment, Tubbataha Reef, United, Marine reserve, United Nations, Research, MPA, Marine, MPAS, Senior, Data collection, Sustainability, Blancpain

LONDON, March 12, 2024 /PRNewswire/ -- Only 8% of the ocean is under some form of marine protection, and just 2.9% is fully or highly protected from fishing and other human impacts. Little is known about the true effectiveness of these parts of the ocean, known as Marine Protected Areas (MPAs). To better understand and improve them, Economist Impact's World Ocean Initiatives "Beyond the Surface" research programme, supported by Blancpain, has developed an interactive mapping tool for policymakers, decision-makers and engaged readers that shows where 100 diverse MPAs exist globally and provides in-depth insights into the design, implementation and outcomes of 10 specific MPAs. https://impact.economist.com/ocean/beyond-the-surface

Key Points: 
  • Little is known about the true effectiveness of these parts of the ocean, known as Marine Protected Areas (MPAs).
  • https://impact.economist.com/ocean/beyond-the-surface
    In 2021 the United Nations set a target in their Post-2020 Global Biodiversity Framework draft1 calling for 30% of Earth's land and ocean areas to be protected by 2030.
  • The ambitious target suggests that the number of MPAs will need to increase and solutions to strengthen current MPAs are urgently needed.
  • Matus Samel, Senior Manager, Sustainability, for Economist Impact said: "The importance of marine protection extends beyond the environment.

Rivalz Tackles Snack Category Problems Head On with Launch of Nutrient-Dense Stuffed Snacks

Retrieved on: 
Wednesday, March 6, 2024
Sprouts, Diabetes, Love, AI, Snack, Climate, Obesity, Growth, CPG, Food, Pandemic, Hatred, Vegetable, GMO, Drink, Drawing, Amazon, Marine, Carbohydrate, MSRP, Malnutrition, Fast food

ANAHEIM, Calif., March 6, 2024 /PRNewswire/ -- In a climate where funding for food startups is waning and weight loss drugs are upending the snack industry1, Rivalz, the fast-growing maker of nutrient-dense foods without compromise, has cracked the code on delivering great taste and nutrition in an everyday snack. Challenging the "sea of sameness" in today's salty snack category with its fully integrated use of AI, Rivalz is accelerating growth plans after recently landing more than six million dollars in seed funding. The company is poised to further penetrate the market with Rivalz Stuffed Snacks, featuring 8g of plant-based protein, 4g of fiber per serving and only 9 net carbs. To the delight of better-for-you snackers and leaders in the natural, organic, and healthy products industry, the Rivalz lineup will be unveiled March 13–15 at Natural Products Expo West, Booth #N1203, taking place in Anaheim, Calif. Crushing empty calories and those traditional salty snacks you hate to love, Rivalz has arrived with crunchy snacks filled with as much flavor as nutrition.

Key Points: 
  • The company is poised to further penetrate the market with Rivalz Stuffed Snacks, featuring 8g of plant-based protein, 4g of fiber per serving and only 9 net carbs.
  • "We're thrilled to share our passion for great tasting, affordable nutrition and introduce Rivalz Stuffed Snacks to the Expo West community," says Rivalz CEO Peter Barrick, a startup CPG veteran.
  • We're deftly leveraging AI to tackle the hardest problems facing food categories, by making high quality, nutritious snacks that can make a real impact.
  • Rivalz Stuffed Snacks are made from pea and brown rice, and are oven baked rather than fried, enhancing satiety for a satisfying snacking experience.

Global Conservation Launches New Film Series: War on Nature

Retrieved on: 
Monday, March 4, 2024
UNESCO, MPAS, SAN, Coral, World Heritage Site, Mining, National park, Indigenous territory, MBE, Tiger, Biodiversity, TIME, Ocean, Marine, UCF, Elephant, Palm oil, Leuser Ecosystem, Survival, Amazon, Community, Developed country, Hunting

SAN FRANCISCO, March 4, 2024 /PRNewswire/ -- Global Conservation, the only international non-profit organization focused on direct protection of endangered National Parks and Indigenous Territories in developing countries, is proud to present its new film series War on Nature.

Key Points: 
  • SAN FRANCISCO, March 4, 2024 /PRNewswire/ -- Global Conservation , the only international non-profit organization focused on direct protection of endangered National Parks and Indigenous Territories in developing countries, is proud to present its new film series War on Nature .
  • "Without these Heroes in Protection, the Earth would not stand a chance against humankind's War on Nature," said Jeff Morgan, Founder and Executive Director of Global Conservation.
  • Upcoming episodes in 2024 in the War on Nature series include Panama, Georgia, Zimbabwe, Borneo, and Marine Protection.
  • For more information on the War on Nature film series, please visit WaronNature.org .