Chris Cassidy Joins Mojix as President and Chief Commercial Officer

indie 12 1 月

4 minutes

Boca Raton, FL, Jan 11, 2023 - (ACN Newswire via SEAPRWire.com) - Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained over the past several years, as the company has recorded significant growth and improvements in revenue, customer expansion, and product innovation. Supporting these achievements, the company has developed strategic partnerships for serialization and RFID Barcoding used by leading food & beverage, luxury brand, manufacturing, industrial, aerospace & defense, and retail clients across the globe.Chris CassidyDan Doles, Mojix CEO, said, "Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise and a stellar track record working with leading global enterprises on digital transformation and supply chain optimization. Chris is a recognized expert in supply chain management, logistics, and enterprise supply chain SaaS solutions, across both custome...

ACN Newswire

Wintermar Offshore (WINS:JK) Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX

indie 30 11 月

3 minutes

JAKARTA, Nov 30, 2022 - (ACN Newswire via SEAPRWire.com) - PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected to be utilized from 1Q2023.Including these two vessels, Wintermar has added 8 vessels to the fleet for the year 2022, comprising 1 unit Platform Supply Vessel (PSV), 2 units 5000BHP AHTS, 1 unit 6000BHP AHTS and this latest addition of two units of 7000BHP AHTS, for a total capex of US$ 12 million.With this latest purchase, Wintermar's fleet will be increased the fleet to 41 Vessels by end December 2022. The Company is positioning for strong growth in the current environment of higher global OSV demand and is optimistic that charter rates will continue to rise in 2023.Wintermar's 12th IPO anniversaryToday also marks the Company's 12th IPO anniversary, as Wintermar's shares were first listed on the IDX on November 29, 2010. Upon listing, the Company's fleet comprised 59 vessels of which 40 were low tier comprising of small tugs and barges, landing crafts and crew boa...

JCN Newswire

Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Collaborate to Produce e-methane in the US and Transport It to Japan, Utilizing Cameron LNG in Louisiana

ruth 29 11 月

3 minutes

TOKYO, Nov 29, 2022 - (JCN Newswire via SEAPRWire.com) - Tokyo Gas Co., Ltd. (TG), Osaka Gas Co., Ltd. (OG), Toho Gas Co., Ltd. (THG) and Mitsubishi Corporation (MC) have entered into an agreement and commenced to conduct a detailed joint feasibility study on a project to produce synthetic methane (e-methane) in Texas or Louisiana, liquefy it at the existing Cameron LNG facility, and transport it to Japan utilizing other existing infrastructure, including LNG ships and receiving terminals in Japan. The targeted e-methane production volume is 130,000 tons per year1 to start in 2030. This project is in line with the Japanese government's goal to achieve carbon neutrality in 2050, for which it is crucial to introduce carbon neutral gas that can meet the heat demand in the country. e-methane can be transported via the existing gas infrastructure and combusted in the present gas appliances without enormous costs of replacing or modifying them, which would be required to introduce other decarbonized gaseous energy carriers, such as hydrogen. Therefore, the government supports e-methane initiatives as a potential solution to transition into the net zero society smoothly, and it has been d...

ACN Newswire

China Wantian Holdings Completes the Acquisition of Domestic Fresh Food Supply Chain Service Provider

indie 25 11 月

5 minutes

HONG KONG, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - China Wantian Holdings Limited ("China Wantian Holdings"; together with its subsidiaries, the "Group"; stock code: 01854.HK) is pleased to announce that Great Point Limited ("Great Point"), the Group's direct wholly-owned subsidiary, has completed acquisition of Champion Point Limited ("Champion Point")'s subsidiary Shenzhen Wealth Source Trading Development Company Limited* ("Shenzhen Wealth Source", together with Champion Point, the "Target Group"), which is a domestic fresh food supply chain service provider in the PRC. It marks the Group's expansion of its fresh food ingredient business into the Guangdong-Hong Kong-Macao Greater Bay Area (the "Greater Bay Area") market. Upon the acquisition completion, the Target Group has become wholly-owned subsidiaries of the Group.The Target Group which the Group has acquired is principally engaged in the trading of live cattle, fruits, vegetables, seafoods and food ingredients in the PRC. Shenzhen Wealth Source is the operating subsidiary of the Target Group. It sources live cattle from Inner Mongolia and distributes them to slaughterhouses in the Greater Bay Area. It also suppli...

ACN Newswire

The 12th Asian Logistics, Maritime and Aviation Conference Opens

indie 22 11 月

8 minutes

HONG KONG, Nov 22, 2022 - (ACN Newswire via SEAPRWire.com) - The 12th edition of the Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) in person and online. This year's ALMAC is expected to attract over 14,000 viewers from over 50 countries and regions. At this annual signature event for the maritime, air freight, logistics and supply chain management sectors and shippers from different industries, more than 90 industry experts and leaders will share their insights at close to 30 sessions.Dr Peter Lam, HKTDC Chairman, said the disruption and delays caused by the pandemic in the past three years have highlighted an urgent need to assess how we can manage supply chains differently, so they are better equipped to withstand future challenges.The opening session was officiated by Paul Chan, Financial Secretary of the HKSAR.The 12th edition of the Asia Logistics, Maritime and Aviation Conference, jointly organised by HKTDC and Government of the Hong Kong Special Administr...

ACN Newswire

The 12th Asian Logistics, Maritime and Aviation Conference takes place on 22 and 23 November

indie 14 11 月

10 minutes

HONG KONG, Nov 14, 2022 - (ACN Newswire via SEAPRWire.com) - The 12th edition of the Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the Hong Kong Trade Development Council (HKTDC) and Government of the Hong Kong Special Administrative Region (HKSAR), will be held on 22 and 23 November at the Hong Kong Convention and Exhibition Centre (HKCEC) in person as well as online. ALMAC is one of a number of large-scale trade events organised by the HKTDC in Hong Kong in the past few months. This year's ALMAC is expected to attract over 14,000 participants from over 50 countries and regions.Wilkie Wong, CFO, Esquel Group; Frankie Yick, Chairman, HKTDC Logistics Services Advisory Committee and Legislative Councillor, Legislative Council; Dr Patrick Lau, HKTDC Deputy Executive Director; and James Leung, VP and Key Account, Geek+ [L-R]Under the theme, "The Future of the Sustainable Supply Chain: Connectivity - Collaboration - Innovation", ALMAC will examine issues faced by global businesses, such as the new normal supply chain, current challenges, opportunities through international and regional collaboration and future direction of sustainable development.ALMAC ...

ACN Newswire

COP 27 Egypt: PLN shares its biomass co-firing implementation in coal power plants

indie 8 11 月

3 minutes

Sharm El Sheikh, Egypt, Nov 8, 2022 - (ACN Newswire via SEAPRWire.com) - One of PLN's efforts to accelerate decarbonization is to decrease the usage of fossil energy. In the power sector, PT PLN (Persero) will begin to gradually early retire Coal Fired Power Plant (CFPP). Meanwhile, to reduce emissions from existing operational CFPPs, PLN has implemented biomass co-firing technology.PLN Director of Transmission and System Planning, Evy Haryadi, has explained that PLN is implementing co-firing technology at 33 CFPPs. Whereas, for the next two or three years, PLN will add more co-firing technology at 52 CFPPs.Evy said, the co-firing technology conducted by PLN is not solely to reduce emission. Biomass co-firing technology is inviting the community to be actively involved by planting biomass, or even by managing their regional household waste to be processed and converted into pellets for co-firing at CFPP - hence creating new value creation opportunity for the local community."Up until now PLN has produced 653 GWh of clean energy from biomass co-firing, which is equal to reducing 656 thousand tones CO2 emission," said Evy on Climate Change Summit (COP 27) at Sharm El Sheikh, Egypt, S...

JCN Newswire

Mitsubishi Power and Egypt’s Damietta LNG Sign Long Term Service Agreement to Enhance Power Supply Reliability and Availability

ruth 1 11 月

3 minutes

Cairo, Egypt, Nov 1, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), signed a Long Term Service Agreement (LTSA) with Damietta LNG (DLNG), a leading producer and exporter of liquid natural gas in Egypt, to enhance the reliability, efficiency and availability of power supply, and protect LNG production at the plant.Javier Cavada, President and CEO of Europe, Middle East and Africa at Mitsubishi PowerDamietta LNG, one of two LNG export plants in Egypt, with a capacity to produce up to five million tons of liquefied natural gas per year, is a long-term customer of Mitsubishi Power in Egypt. This latest service agreement follows Mitsubishi Power's first LTSA for the units which was signed in 2006.Under the terms of the agreement, Mitsubishi Power will undertake the parts, repairs and services for five Mitsubishi Power H-25 gas turbines installed at the facility, located in New Damietta Port in the northern region of Egypt.Commenting on the agreement, Javier Cavada, President and CEO of Europe, Middle East and Africa at Mitsubishi Power said: "It is a great honor to partner with Damietta LNG as we build the ...

ACN Newswire

SCGL and JWD announce merger to combine strength to leverage regional business expansion

indie 28 10 月

8 minutes

BANGKOK, Oct 27, 2022 - (ACN Newswire via SEAPRWire.com) - SCG Logistics Management Company Limited ("SCGL") and JWD InfoLogistics PCL (SET: JWD), the two leading logistics and supply chain service providers at the ASEAN level together announced a crucial merger deal to form a partnership under SCG JWD Logistics PCL (SCGJWD) in a move to combine strength and increase the service level capability to become the largest Integrated Logistics and Supply Chains Solutions Provider in the ASEAN region with a wide variety of integrated services to cover all industrial groups to increase the opportunities for exponential growth derived from the customer bases of the two companies, while drawing up a strategy to expand the businesses in the ASEAN region.Mr. Charvanin Bundikitsada, Chairman of the Executive Committee and Chief Executive Officer of JWD Pcl. (JWD), revealed that the Company has moved ahead to merge the Company with SCG Logistics Management Company Limited (SCGL), which is a subsidiary of Siam Cement PCL (SCC), following the Company's Board of Directors' Meeting on October 26, 2022 resolving to propose to the shareholders' meeting to consider and approve the merger between JWD an...

ACN Newswire

Xiamen Xiangyu Co., Ltd.: A Giant of Commodity Supply Chain Service, Reaching Record High Results in the Last Three Quarters

indie 26 10 月

3 minutes

HONG KONG, Oct 26, 2022 - (ACN Newswire via SEAPRWire.com) - On the evening of Oct. 26, Xiamen Xiangyu Co., Ltd. (600057. SH) released the Q3 financial results. In the first three quarters of 2022, the Company achieved operating revenue of RMB 391.8 billion, with a year-on-year growth of 13.74%; achieved the net profit attributable to the shareholders of the parent company amounted to RMB 2.17 billion, with a year-on-year growth of 31.23%; achieved the return on equity of 15.26%, up 1.91 percentage points YoY. The Company's operating revenue and net profit attributable to the shareholders of the parent company both hit a record high in the same period, and the operating efficiency continued to improve.Xiamen Xiangyu is the leading commodity supply chain service company in China, with manufacturing enterprises in China as the main target group, and is committed to providing tailored supply chain solutions and one-stop services, including commodity procurement distribution, logistics, supply chain finance, information consulting, etc., to reduce circulation costs, improve circulation efficiency, assist manufacturing enterprises in cost-saving and profit-increasing, and earn service r...

JCN Newswire

Three Partners to Jointly Undertake Proof of Concept (PoC) Applying “CO2NNEX”, a Digital Platform for CO2 Accounting across its Supply Chain for Synthetic Methanes

ruth 24 10 月

5 minutes

TOKYO, Oct 24, 2022 - (JCN Newswire via SEAPRWire.com) - Osaka Gas Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), and IBM Japan, Ltd. have agreed to jointly conduct a Proof of Concept (PoC) of a system enabling visualization of the environmental value of synthetic methane, in the context of carbon dioxide (CO2) emissions across the entire supply chain. The system will make use of CO2NNEX, a digital platform for visualizing the CO2 supply chain being developed by MHI and IBM Japan targeted at visualization and optimization of synthetic methane's environmental value. In undertaking the PoC, the three partners will also exchange views with the Japan Gas Association, Tokyo Gas Co., Ltd., Toho Gas Co., Ltd., and INPEX Corporation aiming for increased adoption of synthetic methane and the establishment of its environmental value.Today, discussions are underway concerning methods for counting and using CO2 in the context of CCU (carbon dioxide capture and utilization: with the captured CO2 used in the manufacture and usage of fuels, chemicals, building materials, etc.), including methanation, and studies are going forward into the application of the accounting methods to the use of s...

JCN Newswire

Neste, Idemitsu Kosan, CHIMEI and Mitsubishi Corporation join forces to create a renewable plastics supply chain

ruth 4 10 月

2 minutes

TOKYO, Oct 3, 2022 - (JCN Newswire via SEAPRWire.com) - Neste, Idemitsu Kosan, CHIMEI and Mitsubishi Corporation have agreed to build a renewable plastics supply chain utilizing bio-based hydrocarbons (Neste RE) for the production of styrene monomer (i.e. bio-SM), and its mass balanced renewable plastics derivatives including acrylonitrile butadiene styrene (i.e. bio-ABS*). The bio-SM production in Japan and the renewable plastics production in Taiwan will mark the first of such production in each country, and they are planned to take place in the first half of 2023.Renewable plastics supply chain Neste, the world's leading producer of renewable and circular feedstock for the polymers and chemicals industry uses, will provide Neste RE to Idemitsu Kosan, the biggest SM manufacturer in Japan. For this collaboration, Neste RE is produced from 100% bio-based raw materials such as waste and residues and its use can significantly reduce greenhouse gas (GHG) emissions compared with conventional fossil feedstock use. Idemitsu Kosan will then produce bio-SM based on the mass balance method and supply it to CHIMEI, the biggest ABS manufacturer in the world for its renewable plastics producti...

JCN Newswire

Neste, Idemitsu Kosan, CHIMEI Corporation and Mitsubishi Corporation join forces to create a renewable plastics supply chain

ruth 3 10 月

2 minutes

ACN Newswire

Pertamina saves US$402.46 million amid rising global oil prices

indie 3 9 月

4 minutes

JAKARTA, Sep 3, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs.PT Pertamina head office building (ANTARA/HO-PT Pertamina)She explained that energy companies around the world are facing difficult situations as a result of disruption of the global energy supply chain due to the Russia-Ukraine conflict. The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis.The president director noted that the Indonesian government's policy of maintaining the people's purchasing power through fuel subsidies was the proper measure to accelerate economic recovery.According to Widyawati, the accuracy of the policy is reflected in the fuel consumption increase for community mobility and business activities.Pertamina President Director Nicke Widyawati stated that such a success could not be separated from strategic cost-saving measures taken by the company group since the start of this year.She explained that...

ACN Newswire

Showa Denko Concludes MOU with SK Inc. to Give Consideration to a Plan to Cooperatively Produce High-Purity Gases for Semiconductors in North America

indie 29 6 月

4 minutes

TOKYO, Jun 29, 2022 - (ACN Newswire via SEAPRWire.com) - On June 29, 2022, Showa Denko K.K. (SDK) (TOKYO: 4004) and SK Incorporated concluded a memorandum of understanding (MOU) to give consideration to a plan to start cooperative work to produce high-purity gases, which are used in semiconductor production processes, in North America.While semiconductor markets in various countries continue growing and geopolitical risks are increasing, the US Government has embarked on strengthening domestic semiconductor industry and inviting supply chain of semiconductors into the country. As a result of this movement, large manufacturers of semiconductors are increasing their capital investment in the United States, and the demand for materials for semiconductors in the country is growing. Supply-demand balance of high-purity gases for wiring process (front-end of semiconductor production process) in the US has been tightening. Therefore, many semiconductor manufacturers in the US want to secure stable supply of high-purity gases for semiconductors. On the other hand, SDK's business segment to produce high purity gases for semiconductors has established and continues strengthening high-purity ...

ACN Newswire

Wintermar Offshore (WINS:JK) Unveils Growth Strategy

indie 24 6 月

3 minutes

JAKARTA, Jun 24, 2022 - (ACN Newswire via SEAPRWire.com) - Wintermar Offshore Marine (WINS:JK) has invested US$12 million to acquire 3 Platform Supply Vessels and 3 Anchor Handling Tug Supply Vessels since November 2021, to gear up for new drilling cycle.In the Public Expose on 24 June 2022, PT Wintermar Offshore Marine Tbk unveiled their growth strategy to position the Company for an anticipated upturn in drilling. As the global rig count has risen steadily over the past few months, Offshore Supply Vessel (OSV) utilization has improved globally and charter rates have started to pick up.To raise the yield of the fleet, the Company has improved the fleet composition through the sale and reinvestment of certain vessels. 95% of the fleet is now concentrated into higher value vessels. Wintermar now has seven Platform Supply Vessels, three of which are undergoing docking for reactivation and should be ready for operations by 2H2022. This is timed in anticipation of a stronger 2023 as there has been an increase in project approvals for offshore drilling and corresponding rise in demand for OSVs.Finance Director Janto Lili reported that the Company has succeeded in controlling costs while...

SeaPRwire

Apple warns of supply constraints from China lockdowns, overshadowing record quarter

elean 29 4 月

0 min

JCN Newswire

Fujitsu, Dentsu and ISID embark on strategic cooperation to contribute to sustainable business growth for customers and resolve environmental and social issues

ruth 22 4 月

6 minutes

TOKYO, Apr 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu, Dentsu Inc. (subsidiary of Dentsu Group Inc., hereinafter Dentsu), and Information Services International - Dentsu, Ltd. (subsidiary of Dentsu Group Inc., hereinafter ISID) today announced their strategic partnership starting April 15, 2022 toward the realization of a customer-oriented transformation along three value chains: "demand chain," "supply chain," and "engineering chain." Through their cooperation, the companies aim to contribute to the continued business growth of client companies and resolve environmental and social issues to achieve carbon neutrality.Image of the collaborationAs part of their partnership, the parties aim to support efficient coordination between the three aforementioned value chains of their customers by leveraging Fujitsu's know-how in supply chain management related business systems and various supply chain optimization technologies, Dentsu's strengths in customer insights and planning and production capabilities in demand chains, and ISID's extensive experience and knowledge in engineering chains.The companies aim to implement a system that helps their customers to immediately respond...

SeaPRwire

Oil up 3% on tight supply, prospects of new Russia sanctions

elean 31 3 月

0 min

ACN Newswire

Stay Ahead in LNG Business with Infocus International

indie 14 3 月

4 minutes

Singapore, Mar 14, 2022 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has relaunched the best rated LNG Supply, Demand, Pricing & Trading online training and it will be commencing live on the 1st June 2022. 2021 has been a year of recovery for LNG demand as governments of importing countries have relaxed some of the restrictions imposed in response to the Covid-19 pandemic and economic recovery has started. However, the growth in LNG supply has been curtailed by unscheduled maintenance at some of the world's liquefaction plants and by shortfalls in feedgas supply at others. The result has been a tightening of the supply demand balance causing LNG and natural gas prices to surge reaching over $25/MMBtu in September 2021. It is a very different market to 2020, when demand fell because of the pandemic and supply increased as output built up from liquefaction trains commissioned in 2019 and the first half of 2020, which led to LNG and natural gas prices in Asia and Europe declining to $2/MMBtu in the middle of the year. At this level, prices were below the short-run marginal cost of US LNG exports and around 180 US cargoes were cancelled.Energy transition has bro...

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