Tag: marine

VANCOUVER, BC, July 08, 2025 (GLOBE NEWSWIRE) -- Carbon Done Right Developments Inc. ("Carbon Done Right" or the "Company") (TSXV: KLX) (FSE: Q1C), a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company, is pleased to announce the addition of Yang Zhou to its board of directors. The company is finalizing the recruitment of a second board member and will provide an update in the coming weeks. The goal of these new appointments is to strengthen the company’s efforts to secure new carbon projects beyond the current focus on nature based solutions and beyond the primarily tropical geographies where the company is currently active.

Yang Zhou has an interdisciplinary background in finance (CFA), business (MBA), accounting (CICPA), law (JM) and engineering. He has over 18 years of experience as a financial analyst, management consultant, academic researcher, PE fund manager, compliance officer and licensed lawyer. He has extensive experience as an analyst focused on ESG, Impact Investing and carbon markets both in Canada and the UK. He received an MBA from the Sauder School of Business and has worked as an analyst and advisor to a number of large companies in the teleco and real estate sectors. 

The Company also announces that Neil Passmore and Abayomi Akinjide will be stepping down as Directors of the Company to focus on their senior corporate activities in the UK. Neil’s decision has been driven by his need to focus on the UK regulated investment bank he runs and reduce overseas listed Board roles. He will remain actively involved as a consultant and continue to support operations in South America including the Company’s mangrove restoration project on Suriname. The Board of Directors of Carbon Done Right express their gratitude for the outstanding contributions Mr. Passmore and Mr. Akinjide have made to the board of the Company.

About Carbon Done Right

Carbon Done Right is an owner and operator of nature-based carbon assets that serves the growing demand for carbon credits from companies seeking to meet their Net Zero goals. The Company achieves this by investing in the exploration, restoration and management of terrestrial and marine systems that can either be protected to enhance the sequestration of greenhouse gases or restored from a degraded status to fully productive ecosystems. The Company’s dedication to environmental stewardship and its robust pipeline of carbon credit projects makes it a trusted partner to the largest buyers of carbon credits in the world, in the fight against climate change. Carbon Done Right deploys capital at risk under various arrangements (including cooperation, assignment, and production sharing agreements) with government engagement in various suitable jurisdictions around the world including Sierra Leone, Yucatan, Guyana and Suriname.

Undercover is a market-first insurance solution for cargo owners facing increasing geopolitical risk

Corbion, a global leader in sustainable ingredient solutions, has successfully secured multiple regulatory approvals from China’s General Administration of Customs (GACC) paving the way for offering Corbion’s high quality, sustainable, algae-derived omega-3 DHA solutions in China’s fast-growing human and animal nutrition segments.

Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  

At the end of the second quarter 2025 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian completed the second of two proprietary surveys in India in the quarter and started transit back to Norway for three fully prefunded multi-client surveys in the North Sea with a total contract value of USD 2.7 million.

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- Exploring the potential of alternative fuels in the maritime sector. During the days of the 12th Monaco Energy Boat Challenge (1-5 July), at the Alternative Fuels Conference on Friday morning, different actors gathered together to discuss technology aspects, challenges, and advancements related to marine energy solutions based on alternative fuels, including hydrogen, methanol, and other innovative sources. Clean hydrogen is still the starting point when it comes to clean energy sources, but now it is time to investigate more to make the next step. As of now, the technology is ready, but it has to be accompanied by infrastructure, investments and supply chain. From an infrastructure point of view, the evolution could be the same as it occurred with oil in the past. “We are looking at the full value chain, a bit like if it was a pipeline. We only provide one piece of the puzzle, but it is a big one. The ecosystem is made of a vessel that will transport, for example, green ammonia from Australia to Korea to Japan in bulk format. Basically, we help owners thanks to our expertise in owning and leasing large floating units,” said Philippe Lavagna, product account manager at SBM Offshore. “We say we need a transition, and it takes time. Miracles don't happen overnight. That's why we are committed to provide clean solutions to the industry,” he added.