Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3%
JAKARTA, Apr 29, 2022 - (ACN Newswire via SEAPRWire.com) - Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022. Total revenue was up 3% YOY to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays.Oil prices spiked in 1Q2022 as a result of the war in Ukraine and sanctions against Russian oil and gas. The ensuing oil shortage sparked a rise in investment in oil exploration and a resurgence in drilling programs in Asia.The Company was impacted quite severely by a spike in Omicron infections on the fleet, which led to prolonged delays in the commencement of operations in international as well as domestic charters in 1Q2022. Owned Vessel revenues declined but this was compensated by a jump in revenues from the Chartering and Other Services Divisions.Owned Vessel DivisionSeveral vessels were infected with COVID-19 in 1Q2022 and had to be quarantined. Emergency crew changes were arranged, but revenues were penalized due to the resulting delays while higher costs were incurred as vessels had been fully crewed in anticipation of on-hire. Crew salary was flat YOY at US$2.1million, operations and maintenance c...
Spritzer EcoPark Upcycles Bottles to Celebrate Hari Raya Balik Kampung Bersama with Visitors
KUALA LUMPUR & TAIPING, Apr 27, 2022 - (ACN Newswire via SEAPRWire.com) - It's time to visit the Spritzer EcoPark in Taiping, Perak and see the exciting Hari Raya Balik Kampung Bersama upcycling decorations from 19 April to 31 May 2022 with free admission.The EcoPark has upcycled thousands of Spritzer Natural Mineral Water bottles into traditional decorations in the spirit of Hari Raya Aidilfitri. Visitors will be welcomed by a main arch with the sight of festive decor, including ketupat wraps, daybeds and pots reminiscent of a traditional kampung household.Muslim visitors and their families and friends can stroll through the EcoPark, break their fast amid a pristine setting at cosy STG Cafe and enjoy an evening of togetherness while taking selfies and pictures capturing the fully decorated park as keepsakes.Spritzer EcoPark has a host of activities and attractions for visitors from 30 April to 8 May 2022, including pedal kart rides, Balik Kampung lollipops and ketupat chocolates to sweeten the palate and Tropical Fizz drinks by Spritzer Sparkling to quench thirst. The Souvenir Shop and Water Shop promotions will also be held during this period.Other fun activities lined up fro...
NEC X Announces Fifth AI Start-up to Graduate from its Corporate Accelerator Program
TOKYO and PALO ALTO, Calif. , Apr 27, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation, a leader in IT and network technologies, and NEC X, the innovation accelerator for NEC's emerging technologies, announced today that Beagle Technology is the fifth start-up to graduate from the NEC X Corporate Accelerator Program (CAP).Beagle Technology has developed unique computer vision and robot control technologies, supported by NEC technology researchers, to automate pruning and shoot thinning of wine grapevines. The machine detects the height and depth of vines using computer vision. It then adjusts, locates clippers, and cuts vines at precise locations. This patent-pending solution replaces manual operation, provides improved accuracy and speed, and reduces cost by about 25% for pruning and 70% for shoot thinning."Beagle Technology implemented an AI solution in an effort to address the decreasing labor force in the agriculture industry," said Shige Ihara, CEO of NEC X. "They put their solution to use in real-life scenarios by testing 400 acres for pruning with several paying clients they obtained during the customer validation phase of NEC X CAP. In addition, they started a paid...
DENSO and USJC Collaborate on Automotive Power Semiconductors
Kariya, Kuwana, Japan/Hsinchu, Taiwan, Apr 26, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO Corporation, a leading mobility supplier, and United Semiconductor Japan Co., Ltd. ("USJC"), a subsidiary of global semiconductor foundry United Microelectronics Corporation (NYSE: UMC; TWSE: 2303)("UMC"), today announced that the companies have agreed to collaborate on the production of power semiconductors at USJC's 300mm fab in order to serve the growing demand in the automotive market. An insulated gate bipolar transistor (IGBT) line will be installed at USJC's wafer fab, which will be the first in Japan to produce IGBTs on 300mm wafers. DENSO will contribute its system-oriented IGBT device and process technologies while USJC will provide its 300mm wafer manufacturing capabilities to bring 300mm IGBT process into mass production, scheduled to start in the first half of 2023. This collaboration is supported by the renovation and decarbonization program for indispensable semiconductors of Japan's Ministry of Economy, Trade and Industry. As the development and adoption of electric cars accelerate amid a global effort to reduce carbon emissions, the demand for semiconductors required in t...
Epic final-stage win for Rovanpera and the GR YARIS Rally1
TOKYO, Apr 25, 2022 - (JCN Newswire via SEAPRWire.com) - Kalle Rovanpera has claimed a sensational victory for TOYOTA GAZOO Racing World Rally Team in a thrilling finish to the Croatia Rally, extending his FIA World Rally Championship lead in epic style.On a rally where he lacked knowledge of the stages after crashing out early on the event's WRC debut in 2021, Rovanpera was in superb form throughout the weekend together with co-driver Jonne Halttunen. On a heavily rain-affected Friday he made the most of his position at the head of the road order to win six of the eight stages and open up an advantage of more than a minute over his rivals. Much of this margin was lost on Saturday morning when he suffered a damaged tyre, but he fought back well with a stage win at the end of the day to take a lead of almost 20 seconds into the deciding leg.He continued that performance into Sunday's first stage to extend his lead by more than 10s. The weather brought a further twist in the tail, however, with a sudden downpour of rain impacting the penultimate stage. With two rain tyres and two hard compound tyres, Rovanpera was disadvantaged in the extremely slippery conditions against those who h...
World Malaria Day 2022, Vestergaard CEO: Advance Equity. Build Resilience. End Malaria.
LAUSANNE, Switzerland, Apr 25, 2022 - (ACN Newswire via SEAPRWire.com) - World Malaria Day provides us with a moment to reflect on the scale of the challenge we still face - and recognise what needs to happen to fix it.When a community is equipped with effective insecticidal bed nets, it not only protects the individual family, but it also reduces the vector population in that community. [Vestergaard]Make no mistake, great strides have been made. El Salvador and China were certified malaria free in 2021. However, most countries with a high burden of the disease have suffered setback and are losing ground.How can we be satisfied, when 627,000 people died in 2021, from what is a curable disease? More than two thirds of those deaths were among children under the age of 5 living in the African Region.This human tragedy, devastating millions of families, is impossible to comprehend. But the socio-economic impact however is calculable, and it is immense.The global response to the COVID crisis proved that when the global economy is threatened, we can summon the power to overcome a disease which emerged almost overnight. So, why can't we solve, rather than manage, a curable disease that we...
Mitsubishi Heavy Industries Signs Memorandum of Understanding with Infinium to Accelerate Decarbonization Solutions in Japan
TOKYO, Apr 22, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) announced today it has signed a Memorandum of Understanding with Infinium, an Electrofuels innovator headquartered in California. The agreement, which builds on MHI's 2021 investment in Infinium, will focus on exploring the deployment of Infinium's proprietary Electrofuels technology in the Japanese market.According to Infinium, Electrofuels are classified as ultra-low carbon fuels because they reduce carbon dioxide emissions by up to 97 percent when compared to traditional jet and diesel fuels. They are a drop-in replacement for fossil-based fuels and can be used in airplanes, trucks, and ships without the need for costly engine modifications.By combining Infinium Electrofuels production technology with MHI Group's CO2 capture technology and value chain solutions, MHI aims to accelerate the realization of a carbon-neutral society in Japan, alongside its existing strategies such as EV oriented transportation, CO2 recovery and carbon offsets."We're proud to collaborate with Infinium to combine their proprietary technology with our expertise in the industry," said Makoto Susaki, Head of C...
Believe Pte raises $55M in Series C funding to continue its global mission of delivering breakthrough personal care and beauty products
Singapore, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Singapore-headquartered Believe Pte Ltd, a fast-growing consumer products company serving the global Muslim audience with brands spanning skincare, fragrances, make-up and hair care has raised Series C funding of US $55M from incoming investors Venturi Partners and IIFL AMC alongside continued participation from Jungle Ventures, Accel, Alteria Capital and Genesis Alternative Ventures. Investment from IIFL AMC is subject to approval from the Securities and Exchange Board of India (SEBI).Nicholas Cator, Founder and Managing Partner, Venturi PartnersThe Company (started in mid-2019) has delivered rapid growth in its relatively short history, thereby inspiring investor interest and has cumulatively raised over US$ 80M over the last two years. The Series A and Series B fund raises were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East based fund. The current Series C raise in Believe's third year of operation is led by Venturi Partners, a Singapore-based investment platform founded by veteran consumer investor Nicholas Cator. Venturi Partners enables consumer-facing business startups to buil...
Colt Technology Services delivers higher bandwidth for AWS Direct Connect Hosted services
TOKYO, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Colt Technology Services has today announced that it can now support Colt On Demand cloud connectivity to AWS Direct Connect Hosted services, with speeds of up to 10 Gbps, for customers in Japan, Hong Kong and Singapore.10 Gbps connectivity was previously only available on AWS Direct Connect Dedicated services, but with this enhancement, customers can now connect directly to AWS Direct Connect Hosted services without having to use cross-connects, reducing their Total Cost of Ownership (TCO) and increasing speed of delivery. Customers can also make use of different AWS virtual interfaces (private, public, transit).Initially launched in Europe last year, with this announcement, Colt is now offering the service in Asia (Hong Kong, Japan, and Singapore), with high bandwidth of up to 10Gbps, in a fully flexible connectivity solution with Colt On Demand.The recent increase in hybrid working has also increased the need for flexible traffic control. Colt On Demand enables rapid network deployment to take full advantage of the flexibility of the cloud. In addition, bandwidth can be adjusted in real-time, according to the ratio of offi...
Blockpass Partners with EMURGO to Provide On-Chain KYC to Cardano Blockchain Ecosystem
HONG KONG, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Blockpass, a leading digital identity verification provider, today announced a strategic partnership with EMURGO, a founding entity of the Cardano blockchain and its official commercial arm. Through this collaboration, Blockpass will add Cardano crypto-addresses to the Blockpass App, and offer On-Chain KYC(TM) services for Cardano ecosystem projects, optimizing their KYC requirements. In addition, Blockpass and EMURGO will be holding a 'Fireside Chat' and other collaborative marketing initiatives to increase awareness of this partnership and foster the overall growth of the Cardano community.Cardano is an environmentally-sustainable proof-of-stake blockchain platform using the Ouroboros protocol, founded on peer-reviewed research and developed through evidence-based methods. It combines a number of pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Cardano focuses on open and inclusive technological solutions to create a more secure, transparent, and sustainable foundation for systems to govern, enterprises to grow, and individuals to transact...
Polkadog Announces the Launch of Einstein NFT Project
NEW YORK, NY, April 19, 2022 - (SEAPRWire) - DeFi pioneer Polkadog launches its latest project, an NFT give-away with thousands of exclusive collectibles as prizes. The project, codename Einstein, is a highly-unique ecosystem where investors buy native tokens and earn reward points to enter the give-away and win NFTs. It's the first crypto project to donate NFTs as prizes, providing investors with double the opportunity to earn an income - from winning and owning an NFT worth a minimum 1ETH and investing in the $Einstein token. There are 10,000 NFT prizes available, each a one-off canine-themed collectible from one of four 'regions' – Aqua, Cosmic, Urban and Roamer - and five NFT pools giving away a prize every day, with Level 5 including ultra-rare NFTs and ranking highest. As investors win more NFTs and extend their collection, it generates more reward points, giving them a further opportunity to unlock entry to a bonus NFT give-away with 100 special collectibles worth 30 ETH. The Einstein NFT give-away runs for 200 days, with their bonus competition scheduled to commence at its mid-way point. Investors can purchase $Einsteins from the PancakeSwap DEX running on the BNB Smart Cha...
Joint Feasibility Study on the Commercialization of Sustainable Aviation Fuel
TOKYO, Apr 19, 2022 - (JCN Newswire via SEAPRWire.com) - ENEOS Corporation and Mitsubishi Corporation have agreed to undertake a joint feasibility study aimed at commercializing Sustainable Aviation Fuel (SAF) and other next-generation fuels in Japan. This study aims to build a supply chain for SAF, which requires cross-industrial collaboration, by leveraging both companies' respective strengths. These include ENEOS' manufacturing technologies and distribution networks, together with MC's global expertise in raw material sourcing and marketing capabilities.After formulating a basic strategy that takes into account the maturity of various SAF manufacturing technologies and the necessary time for commercialization, ENEOS and MC will proceed with the study based on the following three approaches: (1) Developing sustainable feedstock derived from bio-based raw materials(2) Producing SAF with newly emerging techniques(3) Building a supply chain for next generation fuels, with a focus on SAF In the aviation industry, there is growing momentum towards the adoption of SAF in Europe and North America in order to align with CORSIA*, Carbon Offsetting and Reduction Scheme for International Av...
What is FIO? Everything You Need to Know about FIO Protocol
SINGAPORE, Apr 18, 2022 - (ACN Newswire via SEAPRWire.com) - Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we'll be looking at FIO Protocol and its native coin FIO.A Brief Introduction to FIO and FIO ProtocolFIO (short for Foundation for Interwallet Operability) was founded in 2020 and aims to enable easier, safer and more joyful crypto transactions on any type of token or coin. The FIO Protocol is designed to ensure the cryptocurrency user experience is uncomplicated and lays the foundation for cryptocurrency mass adoption. Long complex addresses have been replaced with user-customized FIO Crypto Handles such as "user@fio" that enable decentralized sending, receiving and payment requests (invoices, order carts, etc.), as well as, cross-chain end-to-end encrypted metadata (the information for those invoices, order carts, etc.) that can work across all blockchains.FIO Protocol utilizes Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers (BPs) are chosen by users who hold FIO tokens via onchain voting. Anyone can register to become a BP and produce blocks if they receive enough votes.FIO's Technical Milest...
Fujitsu launches new research center in India, embarking on joint R&D with leading Indian universities to accelerate innovation in AI and machine learning
TOKYO, Apr 18, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced a key development in its global innovation strategy with the establishment of a new research center, "Fujitsu Research of India Private Limited" (hereinafter FRIPL), on April 1, 2022. FRIPL represents the latest addition to Fujitsu's global R&D network and will focus on research and development into AI and machine learning technologies, as well as quantum software.As one of its first key initiatives, FRIPL will embark on joint research with the Indian Institute of Technology Hyderabad(1) and the Indian Institute of Science(2) to promote innovation in leading-edge AI technologies. The joint research activities will initially focus on improving the accuracy and resilience of AI and machine learning technology. R&D with the Indian Institute of Technology Hyderabad will focus on AI technology to discover causal relationships with higher accuracy, while collaboration with the Indian Institute of Science will center on technology to automatically generate AI through autonomous training in response to various environmental changes.Vivek Mahajan, Chief Technology Officer (Corporate Executive Officer, S...
MHI Thermal Systems Launches New Air Conditioner Ads Featuring Popular Actress Keiko Kitagawa for Nationwide TV Broadcasting
TOKYO, Apr 14, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a Mitsubishi Heavy Industries (MHI) Group company, is launching new television commercials promoting its domestic lineups of air conditioners. As with its previous ads, the new ads will be broadcast in two versions, one for the "BEAVER" lineup of residential-use air conditioners and the other for the company's commercial-use air conditioners. Both commercials feature popular actress Keiko Kitagawa. The core concept behind the ads' creation is to reinforce how MHI Thermal Systems' air conditioners "comfort the world with heat." Broadcasting of both versions will get underway nationwide on TV Asahi network stations starting tomorrow.The new commercial promoting the BEAVER air conditioners for residential use demonstrates how the user can communicate with the air conditioner in the home setting. Ms. Kitagawa, dressed in an off-white leisure outfit, is shown relaxing in a plain space of warm beige color, operating her air conditioner by smartphone. The ad describes some of the advanced features of the BEAVER lineup: "area air conditioning," enabling control ...