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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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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: .

Moscow’s Tagansky District Court has fined Google for failing to remove Google Maps pages for several Moscow liquor retailers, after regulators alleged the listings carried information linked to distance sales of alcohol, a category prohibited under Russia’s rules on alcohol circulation. The penalty, issued in October 2025, became clearer through appeal materials dated 29 April 2026, when Moscow City Court upheld the lower court’s ruling. The amount […]

HANOI, VIETNAM – Media OutReach Newswire – 17 June 2026 – Vingroup ranked 26th in Fortune’s Southeast Asia 500 ranking, rising 11 places from 37th in 2025 and 19 places from 45th in 2024. The Group continues to be the highest-ranked private enterprise in Vietnam.Advancing in the ranking for two consecutive years underscores Vingroup’s scale, competitiveness, and sustainable growth momentum, while highlighting its increasingly prominent position among the region’s leading companies.

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This marks the third year that Fortune has published its Southeast Asia 500 ranking. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

According to Fortune, Vingroup ranked as the No. 1 private enterprise in Vietnam and No. 26 among the 500 largest companies in Southeast Asia. This year’s Southeast Asia 500 recognizes companies that are well positioned to capitalize on shifts in global supply chains and the rapid growth of strategic industries such as electric vehicles and artificial intelligence.

In addition to its scale of assets, Vingroup was highly recognized for its financial performance and operational efficiency. According to Fortune, in 2025, Vingroup recorded revenue of USD 12,760.6 million, representing year-on-year increases of 69.1% compared to the figures reflected in the 2025 ranking. Vingroup recorded net profit of USD 436.5 million and total assets of USD 42,536.4 million.

Vingroup is a diversified conglomerate operating across Industrials – Technology, Real Estate and Services, Infrastructure, Green Energy, Culture and Social Enterprises.

Within the Industrials – Technology pillar, VinFast reinforced its leading position in Vietnam’s automobile and electric two-wheeler markets while continuing its global expansion.

In 2025, VinFast delivered nearly 200,000 electric vehicles worldwide, up 102% year-on-year. The result exceeded the Company’s 2025 target and marked the highest annual delivery volume since its inception. In the first quarter of 2026, VinFast delivered 58,577 electric vehicles across all markets, representing a further 61% increase compared with the same period last year.

Within the Real Estate and Services pillar, Vinhomes maintained its market-leading position with 32 residential developments in operation, home to approximately 650,000 residents. In 2025, Vinhomes recorded contracted sales of VND 205.3 trillion, up 98% year-on-year, with more than 34,000 units delivered. Its unrecognized contracted sales backlog reached VND 186.4 trillion, providing a solid foundation for future growth. Consolidated net revenue totaled VND 153.3 trillion, up 49.8% from 2024, while net profit after tax reached VND 43.3 trillion, up 23.6% year-on-year and exceeding the Company’s annual target.

In 2026, Vinhomes launched a series of large-scale urban developments across Vietnam, including the 6,200-hectare Vinhomes Global Gate Ha Long in Quang Ninh Province, the 512-hectare Vinhomes Hai Van Bay in Da Nang, and the 1,080-hectare Vinhomes Saigon Park in Ho Chi Minh City. These developments are expected to reshape Vietnam’s urban landscape while contributing to the sustainable growth of the real estate market.

Meanwhile, Vinpearl continued to lead Vietnam’s hospitality, tourism and entertainment sector, operating 60 facilities across 20 provinces and cities. Its ecosystem includes more than 17,500 rooms across a network of five-star hotels and resorts; 15 VinWonders theme parks; six championship golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The portfolio also features two semi-wildlife conservation parks and an equestrian academy. In addition, Vinpearl’s signature live-action performances in destinations such as Nha Trang and Phu Quoc attract millions of visitors each year.

Within the Infrastructure pillar, VinSpeed has commenced construction of Vietnam’s first two high-speed rail projects: the Ben Thanh – Can Gio line in Ho Chi Minh City and the Hanoi – Quang Ninh line. Launched in April 2026, the Hanoi – Quang Ninh route is the country’s first interregional high-speed railway project. Beyond creating a powerful growth engine for Northern Vietnam’s key economic region, the project represents an important step toward enhancing the nation’s long-term competitiveness.

Within the Green Energy pillar, VinEnergo announced its expansion plans across Asia and Europe, supported by a renewable energy project pipeline with a total capacity of 10 GW that has already secured development agreements. In Vietnam, the company has obtained investment registration certificates for four renewable energy projects.

Within the Social Enterprises pillar, VinUniversity became the youngest university in Vietnam to receive the FIBAA Quality Seal in March 2026. In healthcare, Vinmec inaugurated its 10th hospital, spanning over 31,000 sqm, with 114 inpatient beds and a designed capacity of 135,000 patient visits annually.

At the end of 2025, Vingroup launched its Culture pillar to preserve and promote Vietnamese cultural values and bring them to the world. In May 2026, the Group introduced V-Film, a film and television production and distribution company, with the goal of supporting the development of a professional, modern, and globally integrated Vietnamese film industry.

Looking ahead, Vingroup remains committed to accelerating its core business activities, leveraging the strengths of its diversified ecosystem, enhancing operational efficiency, and expanding its international presence. Through these efforts, the Group aims to achieve its 2026 targets while further strengthening its position as one of the region’s leading enterprises.
Hashtag: #Vingroup

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

Intersec Saudi Arabia has formed two advisory committees to steer the conference agenda for its 2026 edition, bringing senior security, aviation, infrastructure, fire-protection and emergency-management figures into the planning of the Future Security Summit and the Fire Protection & Technology Summit. The move places artificial intelligence, cyber-physical security, critical infrastructure resilience, predictive risk management and next-generation fire protection at the centre of the Riyadh event, scheduled for […]

Arabian Post Staff -Dubai Doha’s 12th Islamic Finance Conference opened on Tuesday with artificial intelligence moving from a technology sidebar to the centre of debate over Shariah-compliant banking, waqf, zakat and digital markets. The one-day gathering at Al Majlis Hall in the Sheraton Grand Doha was held under the patronage of Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Prime Minister and Minister of Foreign Affairs, and carried […]

Pinterest has committed US$4 billion to Amazon Web Services through 2031, expanding a long-running cloud partnership as the visual discovery platform accelerates artificial intelligence tools for search and shopping. The agreement, announced on 4 June, is the largest infrastructure commitment in Pinterest’s history and places AWS custom silicon at the centre of the company’s next phase of product development. Pinterest plans to increase its use of AWS […]

Freight costs on key Asia-UAE routes have surged from about $1,000 to as much as $7,000 per container, intensifying pressure on importers, retailers, manufacturers and re-exporters that rely on Dubai and other UAE hubs for supplies moving across the Gulf, Africa and South Asia.

The jump, flagged at an IBPC Dubai logistics session, reflects a wider disruption in maritime corridors linked to Middle East tensions, fuel-cost volatility, security-risk surcharges and capacity constraints. Paras Shahdadpuri, Governor of IBPC Dubai and Chairman of Nikai Group, said the disruption had tested businesses while reinforcing confidence in the UAE’s ability to respond effectively. “Freight rates have risen from $1,000 to $7,000, putting pressure on businesses, but the speed of response here has helped maintain confidence in uncertain times,” he said.

The impact is being felt most sharply by businesses with thin margins or long replenishment cycles. Consumer electronics, appliances, automotive parts, food products, textiles, building materials and pharmaceutical consignments are among the categories most exposed to higher freight, delayed vessel schedules and tighter booking windows. Importers face a difficult choice: absorb added costs, renegotiate supply contracts, delay shipments or pass part of the burden to consumers.

Dubai’s response has centred on route diversification, customs facilitation and closer coordination among ports, logistics operators, carriers and government agencies. The Green Corridor linking Dubai and Oman has become a critical pressure valve, allowing cargo arriving through Omani ports and airports to move overland through streamlined procedures. Customs declarations through the corridor rose from about 12,000 in March to nearly 100,000 in April, while the value of goods moved increased from Dh1 billion to more than Dh8 billion.

The corridor has helped sustain flows for containers destined for Jebel Ali, goods entering the local market and re-export cargo bound for other destinations. More than 100,000 TEUs have already moved through Green Corridor initiatives, underlining how quickly shippers have adapted to alternative supply routes. Food security shipments and refrigerated cargo movements have remained stable, a key benchmark for a market dependent on uninterrupted imports.

Freight inflation is not confined to the UAE lane. Global container benchmarks have moved higher as peak-season demand started earlier than usual and conflict risk reshaped vessel deployment. The World Container Index climbed to $3,549 per 40ft container in mid-June, while Asia-Europe and transpacific routes also recorded rate increases. Fuel costs, insurance premiums and route deviations have widened the gap between contracted and spot-market pricing.

The UAE’s logistics model has so far avoided the deeper breakdown seen during earlier global supply-chain shocks. Jebel Ali remains central to regional trade, while Fujairah, Khor Fakkan and Omani gateways have gained strategic importance as alternative access points. Cargo owners are mixing sea, land and air solutions to balance cost against reliability, making multimodal logistics a boardroom issue rather than a back-office procurement function.

The pressure comes at a sensitive time for India-UAE trade, which has expanded under the Comprehensive Economic Partnership Agreement that entered into force in 2022. Bilateral trade reached $101.25 billion in FY2025-26, with the UAE ranking as India’s third-largest trading partner and second-largest export destination. Higher freight costs risk eroding some of the tariff and market-access gains achieved through the pact, particularly for mid-sized exporters and distributors operating on fixed price commitments.

Business groups say the crisis is accelerating changes that were already under way. Importers are adding supplier options in Southeast Asia and the GCC, splitting shipments across ports, increasing buffer stocks for critical items and using digital tracking tools to manage delays. Logistics providers are offering blended products that combine ocean freight, bonded trucking and air cargo, while retailers are reviewing inventory cycles before the next seasonal demand peak.

The strain is also prompting fresh attention to contract design. More companies are inserting freight-adjustment clauses, separating shipping costs from product pricing and seeking clearer force-majeure language for geopolitical disruption. For smaller traders, the biggest challenge is cash flow: a container that once required a modest upfront freight payment can now tie up several times more capital before goods even reach the warehouse.

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Uniswap’s UNI token surged more than 22 per cent on Wednesday as a long-range Standard Chartered forecast injected momentum into decentralised-finance names while bitcoin struggled to hold gains before the Federal Reserve’s policy decision. The move lifted UNI to about $3.60, extending a sharp weekly advance and making it one of the strongest performers among larger crypto assets. Bitcoin traded near $65,000–$66,000, little changed after a choppy […]

Nvidia has raised $25 billion through its largest bond sale, drawing a wave of investor demand that underlines Wall Street’s confidence in long-term artificial intelligence spending despite rising questions over the cost of the global data-centre buildout. The Santa Clara-based chipmaker priced the investment-grade deal on June 15 after initially targeting at least $20 billion. Orders reached about $85 billion, allowing the company to expand the transaction […]

Christopher Nolan will bring The Odyssey to Mumbai in July with producer Emma Thomas and lead actors Matt Damon and Tom Holland, giving the filmmaker his first India premiere and placing the city on the film’s global launch route ahead of its worldwide release on 17 July.

The Mumbai event is scheduled for PVR Icon IMAX at Phoenix Palladium in Lower Parel, with the exact premiere date still to be announced. Universal Pictures International has positioned Mumbai alongside London, Paris and New York in the rollout for Nolan’s mythic action epic, a rare move that underlines the growing importance of premium-format cinema audiences in the country’s theatrical market.

Damon plays Odysseus, the king of Ithaca, while Holland plays his son Telemachus. Thomas, Nolan’s long-time creative and producing partner at Syncopy, will accompany the director for the premiere. The film also stars Anne Hathaway, Robert Pattinson, Lupita Nyong’o, Samantha Morton, Zendaya, Charlize Theron, Mia Goth, Benny Safdie, Himesh Patel, Jon Bernthal and John Leguizamo, giving Universal one of the most star-heavy studio releases of the year. Hathaway and Zendaya are not part of the announced Mumbai travelling delegation, making the confirmed attendance narrower than the wider ensemble publicity campaign around the film.

The Odyssey adapts Homer’s foundational epic about Odysseus’s long voyage home after the fall of Troy, as his household in Ithaca comes under pressure from suitors pursuing Penelope. Nolan has written and directed the film, extending his run with Universal after Oppenheimer, which won best picture and best director at the Academy Awards and reaffirmed his box-office pull for large-format cinema.

The new film has been promoted as the first feature shot entirely with IMAX cameras, using technology developed to make large-format shooting more practical for dialogue-heavy scenes. Cinematographer Hoyte van Hoytema, who worked with Nolan on Interstellar, Dunkirk, Tenet and Oppenheimer, returns for a project filmed across several international locations. The technical pitch has become central to the campaign, with IMAX positioned not as an add-on but as the intended viewing format.

Advance IMAX sales have already turned the release into a premium-ticket event. Bookings in India opened this month for select screenings, with some Mumbai and Pune seats listed around ₹3,000 and late-night premium shows touching higher levels. Despite the pricing, early demand has been strong, with several shows moving quickly as Nolan’s fan base and the cast’s appeal combine with a scarcity-driven IMAX rollout.

The Mumbai premiere also carries symbolic weight because Nolan has had a visible, if selective, relationship with the country. He visited Mumbai in 2018 for a film-preservation event centred on celluloid and met leading figures from the film industry. He later filmed portions of Tenet in Mumbai, while The Dark Knight Rises included scenes shot at Mehrangarh Fort in Jodhpur. Damon also has an earlier connection with the country through The Bourne Supremacy, parts of which were filmed in Goa, and through later humanitarian work linked to water access.

For exhibitors, the premiere arrives at a time when Hollywood event films are relying heavily on premium screens, fan-led advance bookings and limited-format urgency to counter uneven theatrical attendance. Nolan’s films have proved especially effective in that segment because his marketing places the cinema experience at the centre of the product. Oppenheimer showed that serious adult-skewing films could still generate major theatrical demand when paired with IMAX exclusivity, strong reviews and cultural momentum.

The Odyssey faces a crowded July window, but its positioning differs from franchise-led superhero and animation titles. The film is being sold on Nolan’s authorship, the scale of Homer’s story and the appeal of a cast that bridges prestige cinema and younger fandom. Holland’s presence is expected to widen interest among younger audiences, while Damon’s casting as Odysseus gives the project a veteran leading figure associated with earlier Nolan work, including Interstellar and Oppenheimer.

The India premiere gives Universal a high-visibility platform before the global release and could help consolidate Mumbai’s role in international studio publicity campaigns. For local exhibitors, it offers a test of how far premium pricing can go when attached to a filmmaker whose audience has shown a willingness to seek out specific formats, screen sizes and projection standards.

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 […]

Dubai’s latest trophy land sale has come under scrutiny after public property records indicated that the Dh560 million beachfront acquisition announced by Dubai Sotheby’s International Realty may have been assembled through four separate land transactions rather than recorded as a single deal. The brokerage said this month that it had completed the UAE’s largest land acquisition, involving a European buyer and a beachfront estate of more than […]

Seven properties honoured across Asia-Pacific, including highly prestigious ‘Best of the Best’ recognition for Lanson Place Parliament Gardens, Melbourne

HONG KONG SAR – Media OutReach Newswire – 17 June 2026 – Lanson Place is proud to announce that seven of its hotels and serviced residences across Asia-Pacific have been recognised in the 2026 Tripadvisor Awards.

Lanson Place Celebrates Its Strongest Ever Performance At Tripadvisor's 2026 Travellers' Choice Awards

Leading this year’s achievements across the region is Lanson Place Parliament Gardens, Melbourne, which has received Tripadvisor’s highly coveted Best of the Best Award 2026, an accolade which places the property among the top one percent of hospitality listings worldwide.

This distinction represents Tripadvisor’s highest level of recognition and is only reserved for properties that consistently receive outstanding guest reviews and ratings over an extended period.

Six Lanson Place properties have also won a 2026 Travellers’ Choice Award, placing them among the top ten percent of listings globally. The awards are based on authentic traveller feedback and experiences that have been shared on Tripadvisor throughout the year.

2026 Tripadvisor Best of the Best Award

  • Lanson Place Parliament Gardens, Melbourne

2026 Tripadvisor Travellers’ Choice Award

  • Lanson Place Causeway Bay, Hong Kong
  • Lanson Place Waterfront Suites, Hong Kong
  • Lanson Place Bukit Ceylon, Kuala Lumpur
  • Lanson Place Winsland, Singapore
  • Lanson Place Mall of Asia, Manila
  • Two MacDonnell Road, Hong Kong

“To be recognised by Tripadvisor is especially meaningful because these awards are determined by the people who matter most, namely our guests,” said Michael Hobson, Chief Executive Officer of Lanson Place.

“Lanson Place Parliament Gardens, Melbourne receiving a Best of the Best Award, ranking in the top 1% globally, is a particularly rewarding achievement after its first full year of operation. These awards are testament to the passion and dedication demonstrated every single day by our teams across Asia Pacific. We are thrilled that travellers continue to choose Lanson Place and share such positive experiences of our personalised hospitality.”

A Melbourne Landmark

As Tripadvisor’s most prestigious accolade, the Best of the Best recognition for Lanson Place Parliament Gardens, Melbourne ensures that the hotel joins an elite group around the world which are recognised for delivering exceptional guest satisfaction and memorable stays.

Since opening in Melbourne’s historic Parliamentary Precinct as the city’s first five-star boutique hotel, it has distinguished itself through its beautifully designed residences, personalised service and ability to blend hotel comfort and convenience with the warmth of a private home.

Regional Recognition

The six Travellers’ Choice Award-winning properties also underline the strength and consistency of the Lanson Place portfolio across Asia Pacific.

In Hong Kong, both Lanson Place Causeway Bay and Lanson Place Waterfront Suites received recognition, while Two MacDonnell Road further reinforced the group’s strong reputation in its home market.

Across Southeast Asia, Lanson Place Bukit Ceylon in Kuala Lumpur, Lanson Place Winsland in Singapore, and Lanson Place Mall of Asia in Manila were similarly honoured, reflecting the brand’s ability to deliver exceptional hospitality experiences tailored to each destination.

Together, these awards highlight the consistency of the Lanson Place experience across its growing portfolio, where personalised service, thoughtfully designed living spaces, and genuine care remain at the heart of every guest stay.

Hashtag: #LansonPlace

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

About Lanson Place Hospitality Management Limited

Lanson Place is a wholly owned subsidiary of Wing Tai Properties Limited (Wing Tai), a publicly listed company in Hong Kong (HKEx stock code: 369). The transformative hospitality management company currently manages eight properties under the Lanson Place brand, comprising Personal Hotels and Residences in Hong Kong, Shenzhen, Shanghai, Singapore, Kuala Lumpur, Manila and Melbourne. Additionally, it manages Two MacDonnell Road in Hong Kong as well as Yiju Apartment in Shenzhen.

Lanson Place provides comfortable, personal sanctuaries for both short-term and extended-stay guests at central locations in major global cities. Infused by a family-like service tradition, Lanson Place creates warm and sheltered places with a club-style feel where communities form and bond. Guests can enjoy a true home-away-from-home experience.

The Group aims to grow the Lanson Place brand across the Asia-Pacific region and continues to explore both investment and management opportunities in major gateway cities.

Lanson Place is a proud member of the and recognises its guests through one unified loyalty programme, , part of GHA DISCOVERY.

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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 […]

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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.

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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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Harnessing Innovative Technologies to Drive Cultural Mobility and Foster Global Exchange

HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – The Hong Kong University of Science and Technology (HKUST), in collaboration with the Center for Metaverse and Computational Creativity at HKUST(Guangzhou), presents the SURREALITY Mixed Reality (MR) × Artificial Intelligence (AI) Digital Art Cross-City Exhibition. As part of HKUST’s 35th-anniversary celebrations, an exclusive media preview of the world’s first large-scale, cross-regional MR × AI digital art exhibition was held at the University’s Clear Water Bay campus.

Showcasing selected works by renowned international and Chinese Mainland digital artists, as well as faculty and students from both campuses, the exhibition integrates creativity with Virtual Reality (VR), MR, and AI technologies. It transforms the campus into a global hub for arts innovation and technological excellence.

The exhibition will open at HKUST(GZ) tomorrow and run through July 31, 2026, before returning to Hong Kong for public engagement. This exhibition exemplifies HKUST’s visionary commitment to driving cultural mobility and fostering international exchange through innovative technologies.

Prof. Nancy IP, President of HKUST, remarked, “This event signifies a major milestone for HKUST in its pursuit of integrating technology, humanities, and cross-regional innovation. The national 15th Five-Year Plan released this year explicitly supports Hong Kong in deepening its development as the East-meets-West centre for international cultural exchange. In 2024, the HKSAR Government also introduced the Blueprint for Arts and Culture and Creative Industries Development, outlining plans to develop diverse arts and culture industries with an international perspective, and to establish international platforms that foster East-meets-West arts and cultural exchanges. Local universities play a pivotal role in advancing these initiatives.”

“HKUST’s Strategic Plan 2031 identifies the integration of innovation and the humanities as a key direction for the University’s future development. In line with this vision, we established Hong Kong’s first Division of Arts and Machine Creativity, which is committed to creating an innovative platform that fosters the fusion of technology and art while nurturing a new generation of creative talent with strong interdisciplinary perspectives. Hosting initiatives such as SURREALITY and the HKUST AI Film Festival exemplifies this direction and is poised to develop into prominent international platforms that fosters arts and cultural exchanges between China and the rest of the world,” she added.

Prof. Lionel NI Ming-Shuan, President of HKUST(GZ), stated, “‘SURREALITY’ is not only the world’s first large-scale MR × AI art exhibition, but also a powerful showcase of the strengths of HKUST and HKUST(GZ) in interdisciplinary studies and computational creativity. As a flagship initiative under the ‘One HKUST, Complementary Campuses’ framework, the two campuses have welcomed artists and young creators from 23 countries and regions, redefining the boundaries of knowledge production and artistic expression through the seamless fusion of the virtual and the real. At a time when the nation is strategically advancing future industries and the Greater Bay Area is accelerating the development of new quality productive forces, the digital ‘Portal’ connecting Clear Water Bay and Nansha represents far more than a technological breakthrough—it embodies a forward-looking model of educational collaboration, where engineering converges with aesthetics, algorithms with poetry, and global vision with local engagement. At thirty-five years old, HKUST remains youthful and dynamic. Guided by this founding aspiration, HKUST(GZ) will continue to advance in step with HKUST, writing a new chapter of integrated innovation and talent development in the Greater Bay Area.”

SURREALITY showcases the integration of AI-generated artworks with the physical campus environment, creating an immersive experience through spatial computing and real-time rendering technologies. Across the two campuses, nearly 50 works by more than 70 digital artists from the United States, Germany, Russia, Australia, Bolivia, Singapore, Korea, the Chinese Mainland, and Hong Kong are featured. Presented in innovative and striking forms, these exceptional works from around the world highlight HKUST’s strong commitment to advancing interdisciplinary integration.

Today, 19 selected works premiered at the Clear Water Bay campus, where MR-enhanced creations transform the HKUST campus into an immersive, technology-driven art space. By wearing MR headsets, visitors can freely explore three exhibition areas: Living Currents, Future Fables, and Beyond Mind. Several projects created by HKUST(GZ) faculty and students stand out as highlights, with The Gate—built on a metaverse concept—emerging as the centerpiece of the exhibition. As the armillary sphere slowly turns and the portal comes into view, visitors can step inside and instantly traverse the virtual spaces of both campuses, experiencing a groundbreaking sense of cross‑campus, seamless connectivity that embodies the vision of “One HKUST, Complementary Campuses.” Another featured work, Kunpeng, symbolizes a spirit of boundless freedom. A giant fish leaps from the nearby Port Shelter in Sai Kung and transforms into a soaring roc that ascends powerfully into the sky. Its majestic presence delivers a striking visual spectacle. The piece The Twinworld Tree creates a dynamic living system formed by the World Tree and virtual life, symbolizing the interdependence of all things, like the tides.

The exhibition also features an MR recreation of a classic work—GFP Bunny, created by internationally acclaimed contemporary artist, Prof. Eduardo KAC, who is also Professor of Art and Technology Studies at the School of the Art Institute of Chicago. Since its debut, this piece has sparked global reflection on genetic modification, bioethics, and the boundaries of art. Mr. ZHANG Yishuai, a PhD student in the Thrust of Computational Media and Arts at HKUST(GZ) and a computational artist, presents Echoes of Earth 2.0, offering a forward-looking perspective on AI and interstellar civilizations. This work enriches the exhibition with a visionary reflection on humanity’s aspirations for the future.

Several VR digital art pieces are also on display, including Astra, created by Ms. Eliza MCNITT— Venice Immersive Grand Prize winner and renowned American writer and director—which offers visitors a unique journey of exploration into the universe. Mr. Benedict YU, a VR visual artist from Singapore, presents Mother’s Body Remembers, utilizing LiDAR to capture movements and combining VR with tactile interaction to rekindle visitors’ memories of family connections. The HKUST XRIM Lab‘s work, Unfolding Touch, enables a soft-robot-mediated handshake between the Clear Water Bay and Guangzhou campuses, integrating sensing and tactile replication to create a shared touch experience across distance. Other works include My Flower, which invites viewers to experience the daily challenges faced by people with Alzheimer’s disease. A short animation, The Cat Ghost, which narrates the relationship between ancient Chinese people and cats from the Western world, is also screened.

Prof. Pan HUI, Chair Professor of Emerging Interdisciplinary Areas at HKUST, Acting Head and Chair Professor of the Thrust of Computational Media and Arts, and Director of the Center for Metaverse and Computational Creativity at HKUST(GZ), introduced the core concept of “SURREALITY.” He explained that as technologies such as AI, spatial computing, and MR rapidly evolve, digital worlds are transcending screens into real spaces and becoming deeply integrated into people’s daily life. SURREALITY explores a new form of reality that may emerge in the future—a scenario where the virtual and the physical are no longer distinctly separate but collectively form the environments in which we perceive, interact, and live. Through artistic creation and immersive experiences, the exhibition offers audiences a glimpse into this transformative vision, prompting reflection on how technology is reshaping humanity’s understanding of reality.

The exhibited works come from numerous internationally renowned artists, showcasing the remarkable fusion of creative arts and digital technology. Several prominent participating artists also joined today’s event to introduce their works, fostering cross-regional cultural and arts exchanges. They include Prof. Benjamin SEIDE, media artist, VFX expert, and Associate Professor in the School of Art, Design and Media at Nanyang Technological University; Ms. Katerina SEMENKO, a Russian conceptual phygital artist and International Design Award recipient; and Dr. Adam NASH, an Australian digital virtual artist and Honorary Fellow of RMIT University.
Hashtag: #HKUST #HKUST(GZ)

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

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST) () is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Eleven HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST’s Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).

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HANOI, VIETNAM – Media OutReach Newswire – 16 June 2026 – Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, marking a significant milestone in the Group’s development journey and reaffirming its position as one of Vietnam’s leading industrial corporations on the regional economic landscape.

Vinachem Recognized In The 2026 Fortune Southeast Asia 500 Ranking

According to Fortune, Vinachem ranked 148 among Southeast Asia’s 500 largest companies in 2026. This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Based on Fortune’s report, Vinachem recorded revenue of USD 2.332 billion and profit of USD 103.8 million in 2025. These results reflect the Group’s solid financial foundation, resilience in responding to market fluctuations, and the effectiveness of its restructuring and productivity improvement efforts across the organization.

Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:”Vinachem’s inclusion in the Fortune Southeast Asia 500 ranking as early as 2026 represents a significant milestone in the Group’s development journey. It is a tangible outcome of our determined efforts to implement the directives set forth by the Politburo in Resolution No. 79-NQ/TW dated January 6, 2026, which aims to have 50 state-owned enterprises ranked among Southeast Asia’s 500 largest companies by 2030.

This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.

The achievement provides further momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam’s chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Politburo Resolution No. 79-NQ/TW.”

The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and sustainable agricultural development.

Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as its key growth drivers. The Group is prioritizing investment in high-value, technology-intensive sectors, including pharmaceutical chemicals, advanced materials, chemicals serving the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam’s chemical industry within regional and global value chains.

Vinachem’s inclusion in the Fortune Southeast Asia 500 reflects not only the Group’s scale and financial strength, but also the progress achieved through its transformation, international integration, and efforts to elevate the standing of Vietnam’s chemical industry. This recognition provides a solid foundation for the Group to continue fulfilling its role as a leading enterprise, contributing to national industrial development and strengthening the presence of Vietnamese enterprises on the regional economic stage.

Hashtag: #Vinachem

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

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