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Concordia Maritime exercises purchase options and sells IMOIIMAX vessels

Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The net liquidity surplus from the transactions amounts to approximately SEK 45 million. …

Sep 1, 2021 / Vessels

MOL Starts Demonstration Test of Vessel Image Recognition System Using AI Technology on Nippon Maru (Video)

FOCUS EYE Project, Rising to the Developing Automated Watch-keepingTOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced the joint development, along with SenseTime Japan Ltd., of a new vessel image recognition and recording system, and the system’s …

Sep 13, 2019 / Curious