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HONG KONG SAR – Media OutReach Newswire – 19 June 2026 – The 2026 International Automotive and Supply Chain Expo (Hong Kong) officially opened today. Under the theme “Luxury, Elevated to a New Realm”, ZEEKR unveiled the global expansion strategy for its dual flagship 9-Series models — the ZEEKR 9X and ZEEKR 009 Grand.

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As a key gateway connecting China with global markets, Hong Kong serves as an important benchmark for the premium automotive industry and a strategic platform for luxury brands expanding internationally. Launching the global strategy for the 9-Series in Hong Kong marks a significant new chapter in ZEEKR’s growth across the global premium new energy vehicle market.

800,000 Deliveries Milestone Underscores ZEEKR’s Global Growth Momentum

Strong market performance continues to support ZEEKR’s expansion in the global premium new energy vehicle segment. As of June 16, 2026, ZEEKR’s cumulative global deliveries officially exceeded 800,000 vehicles, marking a major milestone for the brand.

In Hong Kong, ZEEKR has maintained strong momentum. From January to May 2026, ZEEKR captured a 40.7% market share of Hong Kong’s luxury vehicle segment, ranking first among all luxury automotive brands. The ZEEKR 009 ranked as Hong Kong’s best-selling luxury MPV, while the ZEEKR 7X became the city’s best-selling luxury SUV.

Across key international markets, ZEEKR continues to achieve strong results. In Thailand, the brand was the best-selling luxury pure-electric MPV brand in 2025 and retained its leadership position from January to May 2026. In Malaysia, ZEEKR ranked No.1 among luxury pure-electric brands during the same period, with the ZEEKR 7X leading the luxury electric SUV category and the ZEEKR 009 remaining the top-selling luxury electric MPV. In Australia, ZEEKR continued to lead the luxury SUV segment priced above AUD 65,000 from January to May. In Mexico, the ZEEKR 7X secured the monthly luxury EV sales title in both April and May.

Dual Flagship 9-Series Models Showcase ZEEKR’s Technology-Luxury Vision

At this year’s expo, ZEEKR is showcasing five models spanning family mobility, executive transportation and flagship luxury, highlighting the breadth of its premium product portfolio.

The ZEEKR 9X, ZEEKR’s new global flagship of ultra-luxury SUV, is built on the SEA-S architecture and features a 900V high-performance silicon carbide electric drive system delivering more than 1,030 kW of maximum power. Four integrated safety structures combined with extensive use of 2,000 MPa ultra-high-strength steel contribute to a torsional rigidity rating of 41,600 N·m/deg, setting a new benchmark for safety in the hybrid SUV segment. The ZEEKR 9X recently opened pre-sales in the Middle East, where it has received strong market interest. The model is scheduled to expand into key markets across Latin America, Central Asia and Europe.

The ZEEKR 009 Grand, the brand’s global ultra-luxury four-seater flagship MPV, features a 720-degree comprehensive safety architecture and the world’s first integrated die-cast C-ring cabin structure, delivering segment-leading rear-seat protection. The second row is equipped with two ultra-soft aniline leather executive seats featuring 20 massage points and an industry-leading seven-zone graphene heating system, creating an exceptional luxury experience for rear passengers. The right-hand-drive version of the ZEEKR 009 Grand is scheduled to launch in Hong Kong in the fourth quarter of 2026.

The ZEEKR 8X, a super hybrid high-performance flagship SUV, also makes its Hong Kong debut. Built on the SEA-S Super Hybrid Architecture, the ZEEKR 8X delivers a flagship experience across four key dimensions: performance, intelligence, safety and comfort.

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Expanding Global Capabilities and Opening a New Chapter of Technology Luxury

As its product lineup continues to grow and its international footprint expands, ZEEKR is accelerating the development of a comprehensive global operating system spanning R&D, product planning, market operations and customer services. Today, ZEEKR’s overseas business covers more than 60 major cities worldwide with a rapidly growing global user base.

As the global automotive industry accelerates toward electrification and intelligent mobility, the luxury vehicle market is entering a new era in which technological innovation is redefining the premium experience. Leveraging Hong Kong’s position as a globally connected international hub, ZEEKR will continue to deepen its global presence and advance the evolution of luxury through innovation. Through cutting-edge technologies, exceptional products and comprehensive lifecycle services, ZEEKR is committed to delivering a distinctive technology-luxury mobility experience for customers around the world.

Hashtag: #ZEEKR

The issuer is solely responsible for the content of this announcement.

About Zeekr

Zeekr is the global luxury electric vehicle technology brand from Geely Auto Group. Utilizing advanced software-defined architectures and cutting-edge propulsion technologies, Zeekr is dedicated to creating a fully integrated user ecosystem with innovation at its core.

Dubai International Financial Centre has opened a 30-day consultation on proposed amendments to its Data Protection Regulations, setting out tougher governance requirements for artificial intelligence systems that process personal data across the financial centre. The proposals, published under Consultation Paper No. 3 of 2026, are aimed at reinforcing the framework for autonomous and semi-autonomous systems, clarifying certification obligations and defining the responsibilities of Autonomous Systems Officers. Stakeholders […]

Arabian Post Staff -Dubai The UAE Cabinet has approved new rules barring children under 15 from using social media accounts, marking one of the region’s most direct interventions yet in the regulation of children’s digital lives. The resolution was issued by the Cabinet chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, and applies to social media […]

Washington and Tehran have published the text of an interim agreement signed by their presidents to halt a wider Middle East war, even as President Donald Trump warned that the United States could resume strikes and target Iranian officials if Tehran failed to meet its commitments. The 14-point memorandum, signed on Wednesday by Trump and President Masoud Pezeshkian, extends an earlier ceasefire for 60 days and opens […]

Leonardo and Abu Dhabi’s EDGE Group have set a target of more than €4 billion in orders over five years for a new defence sensors and systems joint venture, signalling a deeper industrial push by the UAE into high-end military technology and a wider export drive by Europe’s defence manufacturers. The venture, detailed at a Paris event on Wednesday, is expected to begin operations with contracts already […]

Gulf economies are forecast to stage a sharp rebound in 2027 after a conflict-driven contraction this year, as energy exports recover, travel demand returns and business confidence improves across the six-member Gulf Cooperation Council. The latest ICAEW-Oxford Economics Economic Insight report projects GCC gross domestic product to shrink 2.4 per cent in 2026, before expanding 8.1 per cent in 2027. The forecast marks one of the starkest […]

Arabian Post Staff -Dubai Investcorp has acquired a strategic stake in Metra, the UAE-headquartered IT distributor, in a deal that strengthens the Bahrain-based alternative investment manager’s exposure to the Gulf’s expanding digital infrastructure, artificial intelligence and cybersecurity markets. The value of the transaction and the size of the shareholding were not disclosed. The investment gives Metra its first institutional shareholder and is intended to support the company’s […]

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Arabian Post Staff -Dubai Saudi Aramco is considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets linked to sulphur storage and export terminals. Aramco invited […]

Luvina Software Singapore officially launches as a trusted technology partner for AI-powered transformation and enterprise modernisation across APAC

SINGAPORE – Media OutReach Newswire – 18 June 2026 – After more than two decades of delivering enterprise-grade software engineering and digital transformation solutions to multinational corporations and leading Japanese enterprises, Luvina Software Singapore today officially launches its operations in Singapore, marking a significant milestone in its global growth strategy and reinforcing the Republic’s role as a regional hub for advanced technology, artificial intelligence (AI) and digital innovation.

Management, partners, and guests commemorate the official launch of Luvina Software Singapore. (Front row, second from left: Lynn Le, Director of Luvina Singapore; Ethan Lim, CEO of Luvina Software Singapore; and Le Quang Luong, Co-Founder and CEO of Luvina Software).
Management, partners, and guests commemorate the official launch of Luvina Software Singapore. (Front row, second from left: Lynn Le, Director of Luvina Singapore; Ethan Lim, CEO of Luvina Software Singapore; and Le Quang Luong, Co-Founder and CEO of Luvina Software).

Established as a strategic joint venture between Luvina Software Vietnam and Singapore-based consulting firm GleamCore, Luvina Software Singapore aims to serve as a trusted gateway for organisations seeking high-quality, scalable and cost-efficient digital transformation solutions across the Asia Pacific region and beyond. The official inauguration was commemorated in the presence of Mr Cao Xuan Thang, Commercial Counsellor and Head of the Vietnam Trade Office in Singapore, alongside other senior representatives from the Embassy of Vietnam in Singapore, including senior diplomatic and trade officials, as well as strategic partners, enterprise leaders and key stakeholders from Singapore’s technology ecosystem.

The Singapore office represents a strategic move to bridge a growing gap in the digital economy, where organisations are under mounting pressure to modernise legacy systems, adopt AI and scale technological capabilities amid rising costs and talent shortages.

As businesses worldwide accelerate digitalisation, Singapore has emerged as one of the world’s most trusted technology ecosystems and a strategic gateway between East and West, with strong global connectivity, a highly developed regulatory environment and growing leadership in AI and Smart Nation initiatives.

Luvina Software’s decision to establish a presence in Singapore comes amid growing demand for trusted technology partners capable of delivering measurable outcomes. While many businesses prioritise digital transformation, organisations continue to face barriers including high implementation costs, delivery quality consistency, fragmented technology ecosystems and shortages in specialised engineering talent.

Singapore’s investments into frontier technologies, including more than S$1 billion committed towards National AI Research & Development between 2025 and 2030, further reinforce the nation’s position as a trusted global AI hub and a launchpad for regional and international expansion.

Founded in 2004 in Hanoi, Vietnam, Luvina Software has grown into a globally trusted software engineering company with over 750 employees, 1,000+ projects delivered, and more than 110 enterprise clients worldwide across sectors including insurance, banking, healthcare, manufacturing and retail. Impressively, 95% of its clients have remained with the company for at least a decade, underscoring its longstanding reputation for consistency, quality and reliability.

Luvina Software also operates delivery centres in Hanoi, Da Nang and Ho Chi Minh City, alongside international footprints in Japan, the United States and now Singapore, enabling seamless hybrid and offshore delivery models for clients across global markets.

Its long-standing experience serving discerning Japanese corporations has shaped a delivery philosophy rooted in precision, accountability and rigorous governance, supported by globally recognised certifications including ISO 27001 and CMMI Level 3 for both Services and Development.

At the heart of Luvina Software Singapore’s proposition is a unique operating model that combines Singapore-based strategic advisory and governance with Vietnam’s large-scale engineering capability, allowing enterprises to modernise systems and accelerate innovation without compromising quality or control.

The company’s core focus areas include:

  • AI-Powered Transformation & Intelligent Solution Engineering
  • Enterprise Systems Modernisation & Managed Business Platforms
  • High-Performance Engineering Capacity Enablement

Through its AI-enabled Offshore Development Centre (ODC) model, Luvina integrates AI-assisted software engineering into software planning, coding, testing and deployment, helping organisations accelerate delivery timelines, reduce inefficiencies and improve operational scalability while maintaining strict governance and quality assurance.

Rather than merely acting as a software vendor, Luvina positions itself as a long-term transformation partner, offering end-to-end accountability from technology strategy and implementation to long-term support and optimisation.

As part of its Singapore growth strategy, Luvina Software Singapore intends to work closely with solution providers, system integrators, professional service firms, venture capital and private equity firms, as well as enterprises seeking to co-develop scalable digital products for regional and international markets.

The company has already secured momentum in the Singapore market, having acquired more than a dozen local projects, with plans to further expand its presence across Southeast Asia, Australia and Europe in subsequent phases of growth.

Among its growing portfolio of clients are Nomura Research Institute Ltd., Japan’s largest economic research, management consulting and IT systems integration firm; CRESCO Ltd., a prominent Japanese IT systems integrator and software development company; and CRESCO Vietnam Co. Ltd., the Vietnam subsidiary of the CRESCO Group providing offshore development and IT solutions for Japanese enterprises. The portfolio also included Soliton Systems K.K., a specialist in cybersecurity, identity management, and secure access technologies, reinforcing Luvina Software Singapore’s reputation as a trusted technology partner for enterprise transformation and high-performance software delivery.

Mr Le Quang Luong, Co-Founder and CEO of Luvina Software, said, “Singapore represents not only a new market for us but it’s also a strategic gateway for how we intend to co-create the future of enterprise technology across the region. As organisations face mounting pressure to modernise, adopt AI and scale with confidence, businesses do not simply need more technology vendors; they need trusted partners who can bridge strategy, execution and measurable outcomes.”

“Through Luvina Software Singapore, we bring together Singapore’s global connectivity and governance strengths, Vietnam’s engineering excellence, and Japan’s deeply rooted standards of quality and reliability to help organisations transform with greater speed, confidence and accountability. Ultimately, we are here to turn complex work into outcomes businesses can count on,” added Mr Ethan Lim, CEO of Luvina Software Singapore.

Looking ahead, Luvina Software Singapore intends to deepen its role in helping enterprises modernise legacy systems, accelerate AI adoption and co-develop scalable digital solutions that can be commercialised globally, reinforcing Singapore’s role as a strategic innovation hub for the region.

For more information, please visit: www.luvina.net

Hashtag: #LuvinaSoftware #LuvinaSoftwareSingapore #AI #Launch #DigitalInnovation #Software #Singapore #Vietnam




The issuer is solely responsible for the content of this announcement.

Luvina Software Singapore

Luvina Software Singapore is the Singapore arm of Luvina Software, a Vietnam-founded enterprise software engineering and digital transformation company with more than 20 years of experience serving multinational corporations and leading Japanese enterprises. Established as a strategic gateway to the Asia Pacific market, Luvina Software Singapore provides AI-powered digital transformation, enterprise systems modernisation, cloud engineering, managed services and high-performance engineering capacity enablement.

Combining Singapore-based strategic advisory and governance with Vietnam’s engineering excellence, Luvina Software Singapore helps businesses accelerate innovation, modernise systems and scale with confidence.

SINGAPORE – Media OutReach Newswire – 18 June 2026 – Seafood Expo Asia/Seafood Processing Asia, organized by Diversified, announces its 2026 conference program ahead of the fourteenth edition of the event, taking place 2–4 September at the Sands Expo & Convention Centre, Singapore. Free to attend to all registered visitors, this year’s program brings leading voices from the industry and across technology and policy to address the defining challenges and opportunities shaping seafood’s future across Asia and beyond.

Consumer Trust & Market Dynamics

A session titled Seafood in the Spotlight: Trust. Taste. Tomorrow’s Consumer will present findings from a GlobeScan bi-annual survey commissioned by the Marine Stewardship Council (MSC), tracking consumer attitudes across 20+ global markets. Fresh from its debut at Seafood Expo Global in April, the research lands in Singapore at a critical moment. Attendees will explore how rising sustainability expectations, cost-of-living pressures and shifting retail dynamics are reshaping purchasing decisions and what it takes to build durable consumer trust.

The most pressing issues facing the Asian shrimp trade will be discussed in a session around rebalancing export-dependent supply as demand and price signals shift across major markets. Amid reduced China import pull, elevated US tariffs and uneven farm output trends, these forces are already reshaping trade flows, pricing power and production planning decisions and will determine which Asian producers can protect margins and maintain market access in 2026–2027.

Innovation & Technology

A panel of industry insiders will discuss the rapid rise of recirculating aquaculture systems across the region in RAS Fish Farming: Why is Asia Leading the Way. The panel will deliver an honest assessment of real-world challenges alongside compelling results already being achieved in markets across Asia, and what this leadership position means for the future of sustainable fish production worldwide.

A session around Asia’s growing demand for seafood processing will discuss how advanced automation, productivity gains and a sharper focus on consumer trends are significantly changing the industry across Asia. Challenging market conditions are driving the industry to rethink the future of the processing environment, with innovative tools and precise systems now enabling processors to optimize resource utilization and promote sustainability to drive maximum profit. The session features Marcel Franz, Managing Director of BAADER Asia and Nils Rabe, Global Sales Director Fish at BAADER.

Eric Enno Tamm, CEO of ThisFish Inc. will map the practical and transformative applications of AI across seafood supply chains in The Definitive Guide to AI & the Tuna Value Chain. From machine learning and computer vision to generative AI and AI agents, Tamm will outline how these technologies are already reshaping operations and offer a forward-looking vision of what an AI-optimized tuna value chain could look like from boat to plate.

Food Integrity & Digital Resilience

FAO GLOBEFISH convenes a timely session on Aquatic Food Fraud: Mislabeling, Market Demand and Consumer Trust. Drawing on FAO’s recent technical paper on food fraud in the fisheries and aquaculture sector, the session will examine a problem of significant scale: up to 20% of fisheries and aquaculture products may be mislabeled globally, with fraud particularly prevalent in processed products, restaurants and catering. The session will examine how price incentives, supply chain complexity and governance gaps interact to enable fraud, and what governments, industry, retailers and standard-setting bodies are doing to address it.

The Invisible Net: Securing the Digital Integrity and Resilience of the Asian Seafood Supply Chain is a session led by the President of the Cyber Security Alliance for the Seafood Industry (CSAFI) that will discuss the emerging risk for the sector. As seafood supply chains become increasingly powered by IoT-enabled processing plants, AI-driven logistics and blockchain-backed traceability, they also become vulnerable to cyberattack. With incidents on global logistics networks rising over 900% in five years, a single breach can trigger immediate product spoilage, financial loss and reputational damage.

The session will present a 2026 roadmap for protecting operational technology, defending traceability data against digital fraud and making the business case for cybersecurity as a core ESG and trade compliance imperative.

Learn More & Register to Attend

Seafood industry professionals can learn more about Seafood Expo Asia/Seafood Processing Asia, find information on the conference program and other special events, and register to attend for free by visiting www.seafoodexpo.com/asia.

To register as media/press, please visit the press center.

Hashtag: #SEASIA26

The issuer is solely responsible for the content of this announcement.

About Seafood Expo Asia/Seafood Processing Asia

is a trade event where buyers from across Asia and industry suppliers from around the world come together to network and conduct business in the lucrative Asian market. The event is produced by Diversified and takes place annually in Asia. SeafoodSource is the exposition’s official media covering industry news year-round.

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LinkedIn @Seafood Expo Asia
Instagram @seafoodexpoasia
Facebook @SeafoodExpoAsia

About Diversified

Diversified is a global B2B events and media company that strengthens business communities by fostering a space, in person and online, for professionals and businesses to connect and grow. The company serves as a trusted partner across several industries including active lifestyle, business management, clean energy, commercial marine, healthcare, seafood, technology and more. The company’s global seafood portfolio of expositions and media includes Seafood Expo North America/Seafood Processing North America, Seafood Expo Global/Seafood Processing Global, Seafood Expo Asia/Seafood Processing Asia and SeafoodSource.com. Established in 1949 and headquartered in Portland, Maine, the global company has divisions and offices around the world in Australia, Canada, Hong Kong and the United Kingdom. Diversified is a third-generation, family-owned business. For more information, visit: .

NEW YORK, US – Media OutReach Newswire – 17 June 2026 – GLM, a fashion and tech accessories brand, today announced the launch of the Essential Clutch – Limited Edition, a slim laptop clutch designed to complement the Microsoft Surface Laptop, 13.8-inch. Available in limited quantities, the piece is equally suited to slim laptops from all manufacturers and continues GLM’s approach of treating tech carry with the same design intent applied to fashion accessories. GLM is a Designed for Microsoft Surface Partner, recognizing products built to meet Microsoft’s standards for fit, protection, and design alongside Surface devices.

Photo Courtesy of GLM
Photo Courtesy of GLM

The Essential Clutch – Limited Edition is made from cactus leather, a plant-based vegan leather, with 100% recycled fabrics used for lining, straps, and protective padding, consistent with the materials across GLM’s collection. The interior lining, an exclusive Art Deco print, was designed to align with the Microsoft Surface Laptop, 13.8-inch, offering device owners a complementary piece that stands on its own as a considered accessory. As a limited-edition release, the restricted quantities reflect both the seasonal nature of the colorway and the brand’s broader commitment to low-waste production. The clutch is designed to carry necessary technology without bulk, supporting commutes, office environments, evening engagements, and travel days that require consolidation. It can be worn on its own or nested inside a larger tote to distribute weight across bags.

The Essential Clutch joins GLM’s existing range of slim laptop bags, which launched in the U.S. earlier this year. GLM was founded by Candina Weston, who brings more than 25 years of experience across technology, the PC industry, retail, marketing, and operations, including senior leadership roles in structured technology environments and brand-led businesses. This background informs the brand’s focus on real-world professional carry needs: device protection, a slim and structured silhouette, and a design philosophy that treats laptop carry as a daily requirement rather than purely functional.

GLM identifies its target audience as professionals across industries who care about style and whose daily routines involve movement.

“The Essential Clutch – Limited Edition is a natural extension of what GLM is built on,” said founder Candina Weston. “We designed it to sit alongside the devices people already carry, while keeping the same focus on slim, considered design that runs through the rest of the collection.” GLM currently serves customers in the United States and Singapore, with plans to expand into additional international markets within the next 12 months.Hashtag: #GLM



The issuer is solely responsible for the content of this announcement.

About GLM

GLM designs slim laptop bags for professionals who carry technology as part of daily work and travel. Founded by Candina Weston, who brings over 25 years of experience across the PC industry, retail, and operations in the US, Europe, and Asia, the company produces laptop bags in multiple styles using plant-based vegan leather and recycled fabrics, with a focus on integrating laptop carry into fashion-led design. GLM is a Designed for Microsoft Surface Partner.

A Russian frigate fired warning shots near a UK-registered civilian yacht in the English Channel, causing no injuries or damage but intensifying concern over Moscow’s naval activity close to Britain. The incident took place at about 11.40am on Tuesday, around 20 nautical miles south of the Isle of Wight and outside UK territorial waters. The vessel involved was the 40ft sailing yacht Bright Future, carrying retired couple […]

Abu Dhabi’s AED55 billion public-private partnership programme is set to redraw the emirate’s infrastructure funding model by bringing private capital deeper into transport, water, flood protection, education, healthcare and community assets over the next two years. The pipeline, launched on May 11 by the Abu Dhabi Investment Office and the Abu Dhabi Projects and Infrastructure Centre, covers 24 projects scheduled to be brought to market during 2026 […]

Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure as power markets seek stronger cross-border capacity and more flexible grids. The transaction gives Mubadala a place alongside Equitix and Baltic Cable in Greenlink, the operator of a 504MW subsea electricity interconnector linking Great Britain and Ireland. The deal was announced on Tuesday and follows regulatory […]

Arabian Post Staff -Dubai Riyadh Air has secured US permission to operate flights to and from the United States, clearing a key regulatory hurdle for the PIF-owned carrier as it accelerates its challenge to established Gulf aviation rivals. The US Department of Transportation approved the airline’s authority after Riyadh Air applied last month for a foreign air carrier permit and exemption authority covering scheduled and charter services […]

Refreshed five-year Encompass roadmap highlights accelerated fleet decarbonisation and proactive talent integration as key competitive advantages

HONG KONG SAR – Media OutReach Newswire – 17 June 2026 – The Caravel Group, a diversified global conglomerate with core businesses in maritime services, commodity trading and investment management, today released its fifth annual Responsibility Report, Encompass. The report details the Group’s progress, key achievements and future targets in running a sustainable and resilient business, with a particular focus on its ship management subsidiary, Fleet Management Limited.

Caravel SustainabilityReport2025 Main Cover

Guided by the four core pillars of the Encompass strategy—Navigating Responsibly, Evolving Environmental Stewardship, Safeguarding People and Working Together—the 2025 report demonstrates how the Group has successfully translated high-level ESG ambitions into measurable, accountable day-to-day operational practices across ship and shore.

Dr. Harry S. Banga, Founder & Executive Chairman of The Caravel Group, said: “Five years ago, we established Encompass as our guiding compass. This fifth annual report is a testament to how we have built a business trusted to perform responsibly, adapt with discipline and remain relevant in a volatile maritime industry. By formally embedding ESG metrics into performance reviews for all onshore employees and establishing strategic initiatives like our LNG bunkering joint venture, we have ensured that responsibility and performance are no longer separate conversations.”

Key Sustainable Milestones in 2025:

1. Evolving Environmental Stewardship & Accelerated Decarbonisation

  • The Group achieved a 42% reduction in managed ship GHG emission intensity from its 2008 baseline, significantly exceeding its established 2030 target of a 30% reduction.
  • Currently, 74% of the managed fleet is equipped with advanced Energy Saving Devices (ESDs), including high-performance hull paint, Propeller Boss Cap Fins (PBCFs) and variable speed motors, keeping the Group firmly on track to equip 100% of its fleet by 2030.
  • The Caravel Group entered a strategic joint venture with Celsius Shipping to co-own and operate a new fleet of high-specification LNG bunkering vessels, supporting the maritime sector’s wider transition towards cleaner fuels.

2. Navigating Responsibly & Digital Innovation

  • The Group continued the active pilot deployment of Captain’s Eye, an AI-powered maritime safety solution using onboard CCTV to detect smoke, leaks and safety hazards in real-time.
  • Upgrades to PARIS (integrated fleet management platform) and NOVA (data analytics) provided vessel owners with real-time financial, EU ETS and FuelEU Maritime compliance reporting, bolstering transparency and proactive risk management.

3. Safeguarding People & Safety Excellence

  • Port State Control (PSC) detentions across the fleet plummeted from 22 in 2023 to just 5 in 2025, driven by the Group’s increasingly rigorous safety protocols and strengthened reporting discipline.
  • The Group recorded an exceptional 91% wellbeing score in its annual employee survey, surpassing its 78% target set for 2028 ahead of schedule.

4. Working Together, Talent & Community Engagement

  • Following its landmark acquisition of the International Maritime Institute (IMI) in India, the Group integrated a highly reliable, Group-aligned talent channel, welcoming over 500 job-ready cadets to Fleet Management in 2025.
  • The Caravel Group recorded a 92% employee engagement score and a 93% Diversity, Equity and Inclusion (DEI) score.
  • In line with its pledge to commit at least 2% of average net profits over the previous three years to social causes, the Group contributed USD 1,529,993 to community partnerships, education initiatives and disaster relief programmes.

Mr. Angad Banga, Group Chief Executive Officer of The Caravel Group, added: “In today’s market, sustainability is no longer a future consideration—it is an active operating condition. Regulatory frameworks like FuelEU Maritime and EU ETS carry real economic consequences, and our clients look to us for the systems, judgment and commercial depth to navigate this landscape. By pairing digital tools with a robust talent pipeline through the IMI, we are building organisational capability before the moment it is needed, creating a lasting competitive advantage.”

To explore the detailed performance data, future targets, and the full version of the Encompass: Responsibility Report 2025, please visit The Caravel Group Website: https://www.caravel-group.com/our-impact/responsibility-reports

Hashtag: #FleetManagementLimited

The issuer is solely responsible for the content of this announcement.

About The Caravel Group Limited

The Caravel Group, headquartered in Hong Kong, is a privately held and globally diversified group with operations across maritime services, dry bulk commodity trading, institutional investment management, and philanthropy. Its maritime division includes Fleet Management Limited, one of the world’s largest third‑party ship managers, with more than 500 vessels under management, and strategic investments, including a major stake in Pacific Basin (HKEX: 2343). Caravel also owns the International Maritime Institute (IMI) in India, reinforcing its commitment to maritime talent development. Through Caravel Asset Management, the Group invests globally across public markets and private equity, while its philanthropic arm, The Caravel Foundation, supports the education and well-being of underprivileged youth across Hong Kong, China, and India.

Learn more:

About Fleet Management Limited

Fleet Management Limited, part of The Caravel Group, is one of the world’s largest third‑party ship managers, with more than 500 vessels under management. This scale bears testament to the resilience and commitment of thousands of seafarers and onshore maritime professionals serving shipowners worldwide.

Fleet manages a range of vessels, including bulk carriers, containers, car carriers, oil tankers, gas carriers and chemical tankers from 600 to 320,000 DWT in size – with many being young and energy-efficient with an age profile below the industry average. The company also has a dynamic newbuilding supervision department.

Learn more:

SINGAPORE – Media OutReach Newswire – 17 June 2026 – As entrepreneurship continues to play an increasingly important role in economic growth and innovation, students considering entrepreneurial careers face important decisions about their educational pathways. Beyond acquiring academic qualifications, aspiring entrepreneurs require a combination of business knowledge, analytical capabilities, leadership skills and adaptability to navigate evolving market conditions.

Higher education institutions play a key role in supporting this development by providing students with opportunities to build both foundational knowledge and specialised expertise. Through collaborations with international university partners, SIM Global Education (SIM GE) offers a range of academic pathways across business, management, analytics, marketing and related disciplines that can support students with entrepreneurial aspirations.

Understanding the Educational Choices Available
The growing variety of higher education options presents both opportunities and challenges for students. While many may have an interest in entrepreneurship or business, determining the most suitable academic pathway is often less straightforward.

Entrepreneurship today extends beyond the traditional concept of starting a business. It can encompass leading innovation within established organisations, developing new products and services, scaling family-owned enterprises, creating social ventures, or participating in emerging start-up ecosystems. As a result, students are increasingly seeking educational pathways that align with their individual interests, strengths and long-term goals.

A well-informed educational choice can help students develop the competencies most relevant to their intended career direction, whether that involves business leadership, digital innovation, market expansion or social impact.

Building a Foundation Through Business Education
A business-related degree can provide aspiring entrepreneurs with a broad understanding of how organisations operate. Entrepreneurs need to understand markets, customers, finance, operations, competition and strategy. They also need to make decisions with limited resources and adapt quickly when business conditions change.

At SIM GE, business-related programmes allow students to explore fields such as analytics, strategy, marketing and management. These areas are relevant to students who want to develop a practical understanding of how businesses are built, managed and grown.

For students who are still exploring their future direction, a business pathway can provide flexibility. It can prepare them for employment, support future postgraduate or professional learning, and build a foundation that may later be applied to entrepreneurial ventures.

Management programmes for future leaders and founders
Entrepreneurship is often associated with ideas, innovation and opportunity. However, successful ventures also depend on effective management. Founders must lead people, manage resources, build processes, work with partners and make decisions that affect the long-term sustainability of the business.

Management-focused programmes are therefore especially relevant for students who want to understand how organisations are led and how teams work together. Such programmes can help learners develop perspectives on leadership, planning, decision-making and organisational effectiveness.

For future entrepreneurs, management knowledge is important because a strong idea must eventually be supported by the ability to execute. Whether students later start their own businesses or lead innovation within existing organisations, management capabilities can help them turn ambition into action.

The Growing Importance of Data and Analytics
As organisations become increasingly data-driven, analytical capabilities have become a valuable component of entrepreneurial decision-making. Entrepreneurs are expected to evaluate market opportunities, understand customer behaviour and assess business performance using data and technology.

Analytics-related programmes can help students develop these capabilities, enabling them to make more informed decisions and respond effectively to changing business conditions. Such skills are particularly relevant for those interested in digital business, e-commerce, technology ventures and business intelligence.

Marketing and international business for market-ready ventures
A strong business idea also needs a clear target market and a business strategy to back it up . Students who are interested in brand-building, customer engagement, communications or market expansion may benefit from marketing and international business-related pathways.

Marketing-focused learning can help students understand consumer behaviour, positioning, customer experience and value creation. International business exposure can help students think beyond a single market, especially in a region such as Southeast Asia where businesses often need to understand cross-border opportunities.

For future entrepreneurs, these perspectives can support the development of ventures that are customer-focused, market-aware and better prepared for regional or global growth.

Entrepreneurship and Social Impact
Entrepreneurship is increasingly being viewed through a broader lens that includes social and environmental outcomes. Alongside commercial objectives, many entrepreneurs are seeking to address societal challenges and contribute to sustainable development.

Initiatives such as the Dr Richard K M Eu – SIM Social Entrepreneurship Centre reflect the growing interest in social innovation and impact-driven enterprise. Exposure to these concepts can help students explore how entrepreneurial thinking can be applied to create sustainable solutions for communities and society.

Preparing for the Future
While there is no single educational pathway that guarantees entrepreneurial success, the most appropriate route depends on an individual’s interests, strengths and aspirations. However, regardless of specialisation, future entrepreneurs will require a combination of technical knowledge, critical thinking, adaptability, leadership and communication skills.

As Singapore continues to strengthen its position as a hub for enterprise, innovation and regional business activity, education remains an important foundation for entrepreneurial development. By providing access to diverse academic pathways and internationally recognised programmes, institutions such as SIM GE support students in making informed decisions and developing the capabilities needed to navigate an increasingly complex and dynamic business environment.

For many aspiring entrepreneurs, the journey begins not with the launch of a venture, but with the educational choices that help shape future opportunities.

References

  1. SIM GE University Partners – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
  2. SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/overview
  3. SIM GE Business Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business
  4. SIM GE Management Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/management
  5. SIM GE Business Analytics Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/business-analytics
  6. SIM Social Entrepreneurship Centre – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/ressec
  7. The Future of Job 2025 Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/digest/
  8. SkillsFuture Critical Core Skills – https://jobsandskills.skillsfuture.gov.sg/frameworks/critical-core-skills
  9. Singapore Ranks 4th Global Startup Ecosystem – https://www.enterprisesg.gov.sg/-/media/esg/files/media-centre/media-releases/2025/may/mr02125_singapore_ranks_as_4th_best_global_startup_ecosystem.pdf

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

The issuer is solely responsible for the content of this announcement.

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit

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Hyderabad-based Drogo Aerospace has delivered 41 JK 250e surveillance drones to the Indian Army, advancing a ₹72-crore order that places the defence technology firm among a growing group of domestic companies supplying unmanned systems for frontline military use.

The first batch was received by officials of the Army’s Southern Command in Nashik, Maharashtra. The delivery forms part of a 217-drone contract, with the company aiming to supply the remaining 176 units by August 2026. The schedule gives Drogo Aerospace a tight execution window at a time when demand for tactical drones is rising across reconnaissance, border monitoring and battlefield support roles.

The JK 250e drones have been developed and built by Drogo Aerospace for surveillance, reconnaissance and other military missions. The platform can fly for up to three hours on a single charge, giving field units extended aerial coverage without depending on conventional runway infrastructure. The drone’s role is centred on intelligence gathering and real-time observation, areas that have become central to ground operations as armies adapt to a battlefield shaped by low-cost aerial systems, loitering munitions and sensor-driven targeting.

Drogo Aerospace founder and chief executive Yeshwanth Bonthu said the delivery validates the company’s technology base, manufacturing capability and commitment to national security. The company is now working on indigenous loitering munitions, long-endurance UAVs, AI-powered aerial intelligence platforms, advanced surveillance systems and reconnaissance products aimed at future operational requirements.

The order also marks a transition point for the company, formerly known as Drogo Drones Pvt Ltd. Its rebranding as Drogo Aerospace reflects a broader move beyond conventional drone manufacturing into defence, aviation, unmanned systems, satellite-linked platforms and aerospace technologies. Headquartered in Madhapur, Hyderabad, the firm has positioned itself as a next-generation unmanned systems developer at a time when procurement policy is opening more space for private manufacturers and specialised start-ups.

The company is setting up a 100,000-square-foot drone manufacturing facility at Maheshwaram in Telangana’s Ranga Reddy district. The state government has allotted about 4.5 acres to the firm within the Electronics Manufacturing Cluster for the project. The facility is expected to generate around 500 additional jobs, adding to an existing workforce of about 300. The investment is designed to support scale production as defence orders move from prototypes and limited trials to larger supply commitments.

The delivery comes as the armed forces are accelerating induction of drones for tactical and operational roles. Planned domestic military drone orders may exceed $2 billion this year, with deliveries expected over 18 to 24 months. More than 600 drone and component companies now operate in the country, including over 100 focused on defence applications. The sector includes large industrial groups as well as specialist start-ups developing reconnaissance platforms, logistics drones, loitering munitions, precision-strike systems and critical components.

Battlefield developments over the past three years have sharpened the focus on unmanned systems. The war in Ukraine demonstrated how inexpensive drones can alter artillery targeting, logistics interdiction and frontline surveillance. Conflicts in West Asia have further highlighted the value of layered air defence, counter-drone technology and rapid intelligence cycles. Along the northern and western frontiers, persistent surveillance has become a core requirement for ground formations operating across difficult terrain and extended lines of control.

The Ministry of Defence has also widened support for smaller firms through innovation challenges and procurement pathways aimed at turning prototypes into deployable systems. Under the iDEX framework, hundreds of start-ups, MSMEs and individual innovators have entered the defence innovation ecosystem since 2018. Dozens of prototypes have received procurement clearance, and contracts worth thousands of crores have moved from concept development into acquisition. This has helped shorten the distance between battlefield requirements and production-ready technology.

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RYO YAMADA
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