Indonesian SOE Minister Erick Thohir Inaugurates PERTAMINA PRIDE

LAMPUNG, Indonesia, Apr 18, 2021 – (ACN Newswire) – State-Owned Enterprises (SOE) Minister Erick Thohir was at the Port of Semangka Bay, Kota Agung, Tanggamus Regency to inaugurate the PERTAMINA PRIDE, the Very Large Crude Carrier (VLCC) commissioned by Pertamina International Shipping (PIS), the shipping sub-holding of PT Pertamina.

Handover of PERTAMINA PRIDE VLCC model replica to SOE Minister Erick Thohir with PT Pertamina President Director Nicke Widyawati and Board of Directors of Pertamina and Pertamina International Shipping (PIS) at the inauguration, Semangka Bay, Lampung (4/15).

The ceremony was held onboard, the Minister joined by Pertamina President Director Nicke Widyawati and Director of Logistics and Infrastructure Mulyono, PIS President Director Erry Widiastono and PIS President Commissioner A. Junaedy Ganieand, and representatives of Pertamina management in Lampung.

Minister Erick said state-owned enterprises must contribute to maintaining Indonesia's energy security, with its natural wealth and natural products, while Pertamina was expected to help transform its units amid rapid ongoing changes, such as the impact of the COVID-19 pandemic. "Pertamina must remember its heyday in the 70s, become a global player and be ready to compete based on good corporate governance," said the Minister.

As a consumer-oriented shipping company, PIS continues to strive to meet energy needs by continuing to produce various breakthroughs. One of these is the PERTAMINA PRIDE. Built at the Japan Marine United (JMU) Shipyard since 2018 and sailing since February 9, 2021, this giant tanker was handed over, able to carry out its duties to distribute energy in Indonesian waters.

The tanker, which has a capacity of 2 million barrels, is a tangible form of PIS's commitment to improving quality and service. The PERTAMINA PRIDE aims to simplify the flow of energy distribution and secure the supply of captive crude to the Pertamina refinery FOB Ras Tanura to Cilacap more efficiently so that it is ready to become the lifeblood of the national energy distribution.

PIS also supports ambitions to become the leading integrated logistics company in Asia, centred on petroleum with new growth industries, integrated logistics and services, and green energy business segments. PIS formed a roadmap strategy of 3 phases, emphasizing the integration of PIS with other Pertamina subsidiaries, becoming an integrated logistics company in Indonesia, and becoming a sustainable and leading energy transportation company in the region.

President Director Nicke said investment in the two new vessels, PERTAMINA PRIDE and the PERTAMINA PRIME (under construction), were in line with shareholder directives to 'go global'. As a shipping company, Nicke continued, PIS was transforming into a globally integrated logistics solution provider as it not only had the ships, but facilities and storage at the port as well. "Thus, the value chain managed by PIS will also get larger," she said.

Energy Needs in Indonesia

There is an upward trend in consumption of the various energy and fuels, with Indonesia's total energy consumption increasing by a 3.5% CAGR from 100.1 million mtoe in 2000 to 185.5 million mtoe in 2018. PIS sees this energy consumption growing each year, from increasing demand for transport fuel to the widespread use of LPG for household needs.

"We see a significant increase in energy consumption in Indonesia, but we are optimistic that we can continue to meet energy needs for the country. The presence of PRIDE in Indonesian waters shows our determination to be a leading shipping company, regionally and internationally. Let's move towards the future together, 'Shipping The Energy Worldwide, Energizing The Nation With Pride, PT PIS Delivering Promises,'" said PIS President Director Erry Widiastono.

About PT Pertamina International Shipping (PIS)

PT PIS, a sub-holding company of PT Pertamina (Persero), was established with a vision of becoming the leading shipping company in Asia, and driving economic growth in Indonesia. To realize this vision, PIS is aiming to be an agent of Indonesia's economic development with safe and sustainable operations, to become a trusted and reliable maritime partner, as well as creating value for stakeholders in running their business.

Media contact:

Roberth MV Dumatubun
E: roberth@pertamina.com
Manager, Stakeholder Relations
Pertamina International Shipping (PIS)
https://www.pertamina-pis.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia’s Single Largest Port Transformation Programme

KUALA LUMPUR, Apr 8, 2021 – (ACN Newswire) – Leading Malaysian utility and infrastructure conglomerate MMC Corporation Berhad (MMC) announced that it has embarked on a major digital transformation of five ports, in partnership with global software solutions leader, Ramco Systems.

Photo caption clockwise from top left: Dato' Sri Che Khalib Mohamad Noh, Group Managing Director of MMC Corporation Berhad, Mr. P.R Venketrama Raja, Chairman of Ramco Systems Limited and Mr. Virender Aggarwal, Chief Executive Officer of Ramco Systems Limited during the virtual signing ceremony of Memorandum of Agreement on the Enterprise Resource Planning digital transformation.

The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd. The group-wide transformation was awarded based on the successful implementation of Ramco integrated Enterprise Resource Planning (ERP) system at one of Malaysia's most advanced container terminal – PTP.

This technological transformation programme will propel Malaysia to the forefront of global best-in-class ports – which plays a crucial role in mitigating supply chain challenges, including recent disruptions due to COVID-19.

Building on an earlier implementation by Ramco Systems of an ERP system for PTP where about 90% of the system has achieved Go-Live in phases over the past 10 months, the enhanced rollout will digitalise processes, while providing real-time business information. MMC will also be able to consolidate various business support functions (namely Finance, Human Resource, Enterprise Asset Management, Supply Chain Management, and Logistics Management) across ports into a single integrated ERP system – all accessible on an integrated dashboard.

Over 8,000 MMC employees across the ports will be plugged into the platform on their computers/mobile devices which now eliminates duplication errors and other bottlenecks, allowing efficient business processes and enhanced data visibility.

The system will also include smart features such as Artificial Intelligence and Machine Learning (AI/ML), which will provide employees with greater insight as well as predictive alerts and chatbots which can reduce human error and save time. This will lay the foundation for MMC's broader strategy to enhance business experience to our customers and suppliers.

"The COVID-19 pandemic has pushed several trends into the spotlight, such as e-commerce and strengthening the supply chain. More than ever, we see the importance of ensuring our ports remain efficient and capable of quick turnaround, and we had been looking for a partner which could provide a scalable solution for all our ports.

With the support from Ramco Systems, MMC is committed to accelerate digital transformation that delivers efficiency, productivity and reliability within our ports to provide the best-in-class service for our customers. The implementation of a common system and integrated technology platform will further maximise synergies and allow all our ports to share expertise and benefit from economies of scale. We aim to leverage on technology as a key differentiator in order to gain competitive edge and add value to our stakeholders," said Dato' Sri Che Khalib Mohamad Noh, Group Managing Director MMC Corporation Berhad.

P.R. Venketrama Raja, Chairman, Ramco Group, said, "It is a great honour to work alongside the MMC Group to help upgrade its ports. The partnership is a significant milestone in Ramco's history; the implementation of Ramco's systems will optimise operational efficiency at MMC Group, thereby translating into faster turnarounds at Malaysian ports and impacting Malaysian trade."

"We at Ramco have established a strong Malaysian presence through our many years of engagements with multiple large conglomerates within the country, and this engagement was only possible through the hard work of the Ramco team in providing digital transformation to PTP. We look forward to working closely with the MMC team and am confident Ramco's software will bring great value to MMC's ports," added Raja.

About MMC Corporation Berhad

MMC Corporation Berhad ("MMC") is a leading utilities and infrastructure group with diversified businesses under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering, and Industrial Development.

Its key businesses under the Ports and Logistics division includes the port operations of Pelabuhan Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd and Kontena Nasional Berhad, a logistics provider. Internationally, MMC has presence in Saudi Arabia via Red Sea Gateway Terminal Company Limited, a container port terminal within the Jeddah Islamic Port.

Under the Energy and Utilities division, Malakoff Corporation Berhad is the largest Independent Power Producer in Malaysia and its subsidiary, Alam Flora Sdn Bhd, is one of the leading environmental management companies in the country. Under Gas Malaysia Berhad, we are the supplier of reticulated natural gas in Peninsular Malaysia operating and maintaining 2,468 kilometres of gas pipeline. Through Aliran Ihsan Resources Berhad, we provide full-fledge water services using high technology treatment in Malaysia.

MMC's Engineering Division has played a leading role as the Project Delivery Partner and underground works package contractor in completing 51 kilometres Klang Valley Mass Rapid Transit ("KVMRT") Kajang Line (previously known as Sungai Buloh-Kajang Line) including 9.5 kilometres underground works. Currently, we are the main turnkey contractor for 52.2 kilometres KVMRT Putrajaya Line (previously known as Sungai Buloh-Serdang-Putrajaya Line). MMC also successfully completed the 329-kilometre Ipoh-Padang Besar Electrified Double Tracking Project as well as the innovative Stormwater Management and Road Tunnel ("SMART") motorway, the first of its kind, dual-purpose tunnel in the world. MMC is currently in the final stage of completing the Langat Centralised Sewerage Treatment Plant (920,000 Population Equivalent) and Langat 2 Water Treatment Plant (1,130 Million Litres Per Day).

MMC's Industrial Development Division develops and manages approximately 5,000 acres of industrial developments namely Senai Airport City ("SAC") and Tanjung Bin Industrial Park ("TBIP") in Iskandar Malaysia, Johor and Northern Technocity ("NTC") in Kulim Kedah. The SAC, TBIP and NTC developments come under the ambit of Industrial Development division's three operating companies – Senai Aiport City Sdn Bhd, Seaport Worldwide Sdn Bhd and Northern Technocity Sdn Bhd respectively.

In other business, through Senai Airport Terminal Services Sdn Bhd, we are the operator of Senai International Airport in Johor Bahru – the southern aviation hub and an important gateway to Iskandar Malaysia.

Enquiries: Please log on to www.mmc.com.my or call Azlina Ashar, Head of Group Corporate Communications, MMC Corporation Berhad, Tel: +603 2071 1124.

About Ramco Systems

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ramco has been focusing on moving towards Active ERP leveraging Artificial Intelligence and Machine Learning and Event Driven Architecture by building features such as Talk It – which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transaction using natural conversations; Mail It – transact with the application by just sending an email; HUB It – a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.

With 1800+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it's Monday!

– Leader in NelsonHall's NEAT Matrix for Next Gen Payroll Services
– Winner of 2020 ISG Paragon Awards Asia Pacific, for 'Transformation' and 'Collaboration'
– Winner Global Payroll Transformation Project of the Year – 2019 by Global Payroll Association
– Positioned as Major Contender in Everest Group's Multi-Country Payroll Platform PEAK Matrix

For more information, please visit http://www.ramco.com/
Follow Ramco on Twitter @ramcosystems and stay tuned to http://blogs.ramco.com

For further information, please contact:
Vinitha Ramani
+91-9840368048
vinitharamani@ramco.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

High-Tech Boat Building Startup Navier Aims High with First U.S. Foiling Electric Powerboat

West Palm Beach, FL, Mar 25, 2021 – (ACN Newswire) – At the 2021 Palm Beach International Boat Show, Navier, a Silicon Valley startup, is proud to announce the first product for the new brand, a 27-foot foiling performance-craft that is capable of a range exceeding 75 nautical miles all under electric propulsion, with exceptionally advanced autonomy features. The foils will ensure a smooth ride over chop and the minimal wetted surface reduces drag, resulting in the most efficient operation possible.

Navier 27 cabin version

Navier 27 open version

Founders (Reo Baird and Sampriti Bhattacharyya)

Highlights:
– Navier–a Silicon Valley startup–is building technology to radically increase efficiency of small power boats by 90% while ensuring zero emissions and a vastly superior ride experience.
– Led by two MIT engineers who are avid boaters with extensive experience in ocean robotics, aerospace flight controls and autonomous systems. Additionally, the team is working with world-renowned experts involved in America's Cup foil vessel development.
– The first product is the Navier 27, an all-electric hydrofoil performance-craft capable of a range exceeding 75 nautical miles at a 20kt cruising speed. The craft is outfitted with a highly advanced autopilot with features we see in today's self-driving land vehicles.
– Navier at PBIBS 2021 (located in booth number 309) – www.navierboat.com

High-tech features of the vessel include a highly advanced autopilot capable of both speed and course control, as well as an aerospace-grade foil control system and assistive docking technology, making the Navier 27 the most technologically advanced recreational boat on–or above–the water.

At speeds reaching or exceeding 18 knots, the boat flies on foils that are similar in design to high-performance America's Cup sailing vessels. In fact, the Navier team includes world-renowned experts involved in the development of America's Cup foiling race boats.

Sampriti Bhattacharyya is the co-founder and CEO of this new U.S.-based company that will design and build electrically propelled foiling powerboats, initially just for the recreational market. She is an MIT PhD in mechanical engineering with original contributions in the field of hydrodynamic design. With extensive experience in ocean technology as well as prior experience as an aerospace engineer building flight control systems at NASA, Sampriti brings an impressive wealth of knowledge to Navier.

Navier's other co-founder and CTO is Reo Baird. Reo holds degrees in aerospace, electrical and computer engineering and specializes in autonomous systems. Baird has extensive professional experience in the marine industry, and he is a lifelong boater who has logged over 10,000 ocean miles. His experience and knowledge of advanced autonomous systems will play a key role in the design of the Navier 27.

Navier is no ordinary boat company. It is trying to reinvent the boat as we know it and define the future of waterborne transportation.

Main Specifications
Length: 27'
Beam: 8'6"
Foiling speed: 18-30+ kt
Range: 75+ nmi @ 20kt
Power: 2x 50kw
Electric Draft: 2ft / 5.5ft
Capacity: 10 passengers

Key Facts Navier 27
Electric: Goes the distance without noise or pollution
Active Foil Control: Smooth ride and a sporty handling, enabled by aerospace stabilization technology
Retracting Foils: Fly above 3-4ft seas or retract foils for beaching and shallow-water operation
Assisted Docking: Precise sensor-assisted joystick docking free of delays typical in gas boats
Advanced Autopilot: Perfect speed and cruise control, whether station keeping, trolling, or cruising
Hazard Alert: Navier 27 is aware of its surroundings, alerting you of danger before it's too late
Connected: Check in on your boat from anywhere in the world via smartphone
2 Versions: Cabin and Open version

Press Office / Sand People Communication :
sandpeoplecommunication.com
Elisa Corti
e@sandpeoplecommunication.com
M: +39 389 3138060

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Enters Exclusive Agreement to Develop 1.1GW of UK Based Battery Energy Storage Projects

DOVER, DE, Mar 18, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems ("BESS") in the United Kingdom ("UK") sourced by TUPA Energy Limited ("TUPA"). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by 2023.

The acquisition follows PGTK's acquisition of Innoergy Limited and the framework agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. ("SEG"). The Company is now well placed to become a leader in the UK BESS market and plans to scale up its BESS projects across the world.

TUPA's team have considerable expertise around renewables, land and grid solutions in the UK. The team also has unrivalled knowledge of interconnector systems between the UK and Europe. Such a broad spectrum of knowledge enables the TUPA team to originate projects that are development-ready across the UK and beyond.

Scott Poulter, PGTK's Chief Executive commented: "We are witnessing tremendous growth in the energy storage sector as renewable energy continues to gain momentum. The agreement with TUPA complements and enhances our expertise to build our energy storage platform in conjunction with PowerChina and Shanghai Electric. Together we have the technical expertise and manufacturing capacity to rival the global leaders in the market as designers, developers and manufacturers while being very entrepreneurial in our approach."

Chris Atherton, Chairman of TUPA, commented: "We are excited to be part of Pacific Green's ambitious entry into the UK battery energy storage market. As Pacific Green has demonstrated its ability to scale up in the marine sector building and delivering an order book of USD$250m, dynamism and scalability were key to our decision to go exclusive with Pacific Green. We are delighted to be part of Pacific Green's growth."

PGTK has continued to expand its technologies through its acquisition of ENGIN in 2019 and Innoergy in 2020, so that its portfolio now includes Concentrated Solar Power, Flue Gas Emission Control Systems, Water Desalination and Battery Energy Storage Systems. PGTK continues to actively seek complementary technologies to add to its Cleantech portfolio.

Scott added: "Pacific Green has identified and is now targeting specific industries and sectors where its technology enhances the growing industry of Cleantech solutions. As well as having the capability and resources to carry out large scale projects, Pacific Green will continue to develop and produce new cutting edge products as we expand into new sectors and begin to develop renewable assets."

PGTK's joint venture with PowerChina SPEM, one of the world's largest engineering, procurement and construction companies with annual revenues of around $50 billion, combines elite technical expertise with unrivalled production capabilities in China, ensuring PGTK can scale efficiently in each industry sector.

PGTK's framework agreement with Shanghai Electric further enhances PGTK's position in the Cleantech space. SEG is a joint-venture between Shanghai Electric Group Co., Ltd. ("Shanghai Electric") and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

PGTK will continue to adhere to a high-quality development strategy, implement improved processes in all disciplines, and provide state of the art professional and efficient products and services for its customers.

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers Battery Energy Storage System (BESS), CSP and PV energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About POWERCHINA SPEM Co. Ltd

POWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC. With abundant resources, expertise, strong manufacturing capacity, domestic sales channels and rich experience, POWERCHINA SPEM is in a strong position to deploy PGTK technology throughout the PRC.

About SEG

SEG is a joint-venture between Shanghai Electric Group Co., Ltd. ("Shanghai Electric") and Guoxuan High-tech Co., Ltd., and operates among the largest and most advanced production and supply-chain management centers in the world. Shanghai Electric (SHA: 601727), which has 70,000 employees and over US$20billion in operating revenue, provides a strong industrial backing and decades of experience in power equipment manufacturing and integration.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's emission control system, potential business developments in India and future interest in our solar and desalination technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the JV with POWERCHINA SPEM, the framework agreement with SEG, delivering the projects with TUPA and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Appoints Jose Lobo as Vice President of Business Development, Latin America

DOVER, DE, Feb 24, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Jose Lobo as Vice President of Business Development, Latin America, effective February 1st, 2021.

Over the last 20 years, Jose Lobo has been developing green energy projects throughout Latin America with a specific focus on wind turbines, concentrated solar power (CSP), hydro and photovoltaic (PV) power generation facilities.

As the founder and Managing Director of Tambo3 Consultants, Jose was previously the Vice President of Development, Latin America for SolarReserve, Jose has been responsible for the development of over one gigawatt of CSP projects in the region, for both public and private sector clients.

Scott Poulter, PGTK's Chairman and Chief Executive, commented: "We are delighted to welcome Jose to Pacific Green. Jose has a two-decade track record of delivering large-scale energy projects in Latin America. The region is a key part of Pacific Green's strategy and Jose's deep understanding of the region's renewable energy infrastructure will be instrumental in achieving Pacific Green's growth in the region."

Jose Lobo commented: "I am thrilled to join Pacific Green and look forward to developing the Company's business in Latin America. With Pacific Green's portfolio of renewable technologies and well-established industrial supply chain for large scale projects, coupled with my experience and understanding of the Latin America market, I believe we are well positioned to take advantage of the region's rapidly expanding renewable energy market."

In addition to various Director level roles for E.CL (now Engie), Endesa Chile and Mirosolar, Jose holds a degree in Mechanical Engineering from the Universidad Tecnica Federico Santa Maria, a diploma in Business Administration from the Universidad de Chile and a diploma in Projects Evaluation from the Universidad Catolica de Chile.

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers Battery Energy Storage System (BESS), CSP and PV energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

MSC Ends “ANASTASIA” Cargo Ship Ordeal With Crew Change in Japan

GENEVA, SWITZ / ACCESSWIRE, Feb 9, 2021 – (ACN Newswire) – Following months of repeated appeals by MSC Mediterranean Shipping Company to allow a change of crew on ANASTASIA, a cargo ship which had been stuck off the coast of China since September, MSC has effectively resolved the matter, avoided a humanitarian crisis onboard and mitigated the related safety risks.

MSC, which maintains the vessel and organises its crew, having exhausted all possible options for crew change including efforts at a diplomatic level between Indian and Chinese authorities, was left with no other option but to advise the master of ANASTASIA to make a short hop to Japan on 4 February after already grave concerns for the safety and well-being of the seafarers intensified.

Dozens of ships have been stuck off the coast of China in recent months amid a trade dispute, which has created uncertainty over whether cargo merchants could deliver coal to buyers in China. MSC understands that the company which initially chartered ANASTASIA from MSC had sub-chartered the vessel to a third party and that the commercial parties involved in the selling and buying of the cargo onboard were caught in the ensuing political uncertainty around the trade issue.

MSC tried to convince the chartering and commercial parties in control of the vessel and its cargo to allow a crew change in various locations before it arrived in Chinese waters, and again while it was at anchorage outside the Chinese Port of Caofeidian, although COVID-19 protective measures closed off many options in China which would normally have been available. MSC prioritised the Japanese option as the quickest and most efficient way to provide the necessary relief for the crew and to enable the ship to subsequently continue in service as it may be required by the charterers.

MSC is pleased to note that the Chinese and Indian governments seem, according to official remarks reported by media since the vessel left for Japan, to have endorsed a crew change on ANASTASIA.

People and Families First

MSC believes that those in control in similar situations should work to prioritise the well-being of seafarers and their families above commercial interests, as human suffering and lives are at stake.

As a result of MSC's action, 18 seafarers, mostly of Indian nationality, will disembark from ANASTASIA on 10 February 2021 and will undergo thorough medical examinations before being repatriated by MSC to reunite with their families as soon as possible. MSC will continue to monitor their physical and mental health.

The priority now is to get them home. However, they will continue to be subject to applicable COVID-19 precautions as required by authorities in Japan and in their home countries.

Global Crew-Change Crisis

While MSC observes and supports COVID-19 health and sanitation requirements wherever it operates, the impact of restrictions on crew changes has taken its toll on hundreds of thousands of seafarers globally, throughout the pandemic crisis.

Since the spread of COVID-19 worldwide, MSC has engaged directly with governments and intergovernmental bodies, as well as non-governmental organisations, to campaign for better standards and protocols for crew changes. MSC is also a signatory to the Neptune Declaration, which brings together shipping industry peers to call for global recognition for these heroes of global trade and improve the situation for seafarers across the maritime world.

Related News & Information:
– MSC Calls for Urgent Solution for Seafarers on Chartered Bulk Carrier ANASTASIA https://pr.report/PfIhGFTi
– MSC CEO Soren Toft Backs Industry Campaign for Seafarers Amid Global Crew Change Crisis https://pr.report/tWLvga8O

Accredited Journalists May Contact:
Giles Broom
Global PR & Internal Communications Manager
MSC Mediterranean Shipping Company
M: +41 (0)79 754 8827
E: media@msc.com

About MSC

MSC Mediterranean Shipping Company, headquartered in Geneva, Switzerland, is a global leader in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world's leading container shipping lines, MSC has 493 offices across 155 countries worldwide with over 70,000 employees. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC's shipping line sails on more than 200 trade routes, calling at over 500 ports. For more information visit www.msc.com.

SOURCE: MSC Mediterranean Shipping Company

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Appoints Peter Rossbach as Independent Director

DOVER, DE, Feb 4, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "PGTK", (OTCQB:PGTK)) announces the appointment of Peter Rossbach as Non-Executive and Independent Director, effective February 1st, 2021.

Peter Rossbach has worked in the renewable power sector since 1985 starting with Standard & Poor rating renewable projects bonds in California.

Peter moved to Catalyst Energy, a developer of hydro and cogeneration projects before becoming VP of Project Finance for Mitsui Bank, specializing in structured debt for US based wind and cogeneration projects.

Peter has made dozens of investments in hydro, wind and solar projects in over twelve countries creating a portfolio of in excess of 1GW. Currently Peter serves as Senior Advisor and sits on the investment committee for a number of Impax's private equity funds and is an Independent Director of UGE International Ltd, a TSX-listed PV solar company.

Peter has a degree in Government from Harvard College and a Masters' degree in Public Policy from Harvard's Kennedy School of Government.

Scott Poulter, PGTK's Chief Executive commented: "Peter's vast international experience and knowledge of the industry, along with his investment background, brings great strength to our business. His input will be hugely significant as we develop Pacific Green, into an industry leading renewable technology group globally."

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Pacific Green Enters Into a Framework Agreement With Sinopec to Work on a Portfolio of Projects That Include Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilization

DOVER, DE, Jan 26, 2021 – (ACN Newswire) – Pacific Green Technologies, Inc. (the "Company" or "Pacific Green," (OTCQB:PGTK)) is pleased to announce that a wholly owned subsidiary of Pacific Green Technologies (Shanghai) Co. Limited has signed a Framework Agreement (the "Agreement") with SINOPEC Star Co., Ltd. ("SINOPEC Star"), a subsidiary of SINOPEC, the world's largest oil refining, gas and petrochemical conglomerate headquartered in Beijing to provide design, development engineering and consulting services.

The Agreement provides for Pacific Green to work alongside SINOPEC Star on a portfolio of projects in the areas of Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilization, as SINOPEC seeks to expand its renewable energy portfolio. The Agreement is effective until 1 December 2022.

Scott Poulter, Pacific Green's Chief Executive commented: "The Framework Agreement covers a portfolio of exciting projects and it is a great honour to have been engaged to work alongside SINOPEC Star's excellent team."

Scott added: "Pacific Green's technologies, particularly in the solar power, desalination and battery energy storage system (BESS) sectors, provide the perfect solution to the world's growing demand for renewables and the increasing involvement of the oil majors in renewable and sustainable energy."

About Pacific Green Technologies, Inc.

Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The Company offers BESS and Concentrated Solar Power (CSP) energy solutions to complement its marine environmental technologies and emissions control divisions. For more information, visit PGTK's website: www.pacificgreentechnologies.com

About SINOPEC Star

SINOPEC Star is a subsidiary of SINOPEC, the world's largest oil refining, gas and petrochemical conglomerate headquartered in Beijing and listed in Hong Kong, its shares also being traded on the New York and Shanghai stock exchanges.

SINOPEC Star is based in Beijing and focused on clean energy such as geothermal, waste heat, solar energy and natural gas comprehensive utilization.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ongoing effects of the pandemic on delays and orders regarding Pacific Green's technologies, potential business developments around the world and future interest in our green technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic and political conditions, the continuation of the Agreement with SINOPEC Star, and the ongoing impact of the pandemic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Scott Poulter, Chairman & CEO
Pacific Green Technologies
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Yacht Sentinel & Fountaine Pajot Announce Ground-Breaking Partnership to Equip Boats With Connected Boat Technologies

LONDON, Jan 21, 2021 – (ACN Newswire) – Yacht Sentinel Ltd, a European company specialised in connected boat technologies since 2008, is pleased to announce that it will equip all new boats built by leading catamaran manufacturer Fountaine Pajot from February 2021 onwards.

Yacht Sentinel

Fountaine Pajot

Sentinel Domotics is a revolutionary solution enabling Fountaine Pajot and its customers to remotely receive any data available on the NMEA network including engine & battery parameters, fluid levels, temperature, humidity & wind data, water depth, speed, GPS coordinates and much more.

A smart switch is also available to turn on the NMEA system remotely for a short period when the NMEA system is switched off.

"We are delighted to partner with Fountaine Pajot and support the company's transition into the new digital area of connected technologies. Over the last 12 years we have built an entire boating ecosystem with boat owners and shipyards at the centre of our developments. This new milestone is a testament to our vision to be at the heart of the connected boat revolution. Sentinel Domotics creates outstanding value not only for Fountaine Pajot but also for its customers and dealers," Romain Devismes, CEO of Yacht Sentinel, commented. "This partnership is yet another demonstration that the boat industry is keeping up with connected technologies seen in the smart home and automotive industries."

Information is displayed on a user-friendly Fountaine Pajot app to give a better experience on the water and added peace of mind. Together with our Partner Platform, our ecosystem sets a new standard for the connected boat sector.

"We are pleased to work with Yacht Sentinel to provide our clients and dealers with this innovative technology solution. Not only can we now offer a customised app with all NMEA data to our customers, but the 'Partner Platform' allows us to improve customer support, reduce maintenance costs and better understand the usage of our boats, all critical aspects to continuously manufacture market-leading boats," explained Romain Motteau, Fountaine Pajot Deputy Chief Executive Officer.

About Yacht Sentinel Ltd

A pioneer in the market, Yacht Sentinel Ltd has been making boat monitoring systems since 2008. The company aims to make boating as easy and relaxing as possible for the user, while creating outstanding value for boat manufacturers, dealers and charter companies.

About Fountaine Pajot

Founded in 1976 by Jean-Francois Fountaine and Yves Pajot, the iconic brand FOUNTAINE PAJOT has been producing cruising catamarans since 1983. Thanks to its unique know-how in the area of designing and building comfortable catamarans, FOUNTAINE PAJOT has released 48 different models and delivered close to 4,000 catamarans to destinations all over the world.

For further information contact romain.devismes@yacht-sentinel.com

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Yacht Sentinel

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/72510

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Wintermar Offshore (WINS:JK) Celebrates 10th Anniversary of IDX Listing

JAKARTA, Dec 1, 2020 – (ACN Newswire) – Wintermar is pleased to commemorate the 10th anniversary of its status as a public company listed on the Indonesian Stock exchange. The Company has transformed in 10 years into a leader in the Indonesian offshore vessel industry, with experience in over 13 countries, and is now ranked amongst the top 10 Offshore Companies in Asia Pacific by Clarksons Research.

Building Quality and Sustainability

The Management's efforts to build a sustainable company based on the Core Value of Integrity has been recognized by the strong support of international and multinational clients. Wintermar's ability to compete in international markets is the fruit of years of building up a strong internal management system to uphold high standards of quality, safety and care for the environment. In 2019, Wintermar became a signatory of the Brunei Energy Industry Integrity Pact, joining leaders in the energy industry in the commitment to and promotion of ethical practices. In 2020, the Company achieved the ISO 45001: 2018 certification for Occupational Health and Safety management system and issued the first standalone Sustainability Report 2019 which outlines and highlights the priority placed on Sustainability of People, Planet and Profit in which is encompassed in the Company's Management System.

Transformation into streamlined company with low gearing and focus on value added fleet

Over the past 10 years, management has led and guided the transformation of the Company into a lean and focused organization with an internationally competitive fleet, managed by high performing staff and well-trained crew. Through a fleet regeneration program, Wintermar has sold most of the low tier fleet and is now focused on a smaller fleet focusing on higher value added vessels comprising Platform Supply Vessels (PSVs), Anchor Handling Tug Supply (AHTS), Fast Multi-Purpose Vessels (FMPV), Anchor handling tugs and harbour tugs. Despite unfavourable business conditions due to the oil and gas market downturn since 2015, the Company has managed to consistently produce positive EBITDA and has reduced the net gearing from a peak of 79% in 2012 to only 34% as at end September 2020.

As business conditions are starting to improve with a more optimistic outlook for 2021, the Company is poised to make a strong recovery in the coming years.

Over the past few weeks, as more tenders are being announced, the Contracts on hand have started to pick up, amounting to US$73 million by end October 2020 from US$70 million at the end of September 2020.

About Wintermar Offshore Marine Group

Wintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real time by shore-based Vessel Teams.

Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit http://www.wintermar.com.

Contact:
Ms. Pek Swan Layanto, CFA  
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel: +62-21 530 5201 Ext 401
Email: investor_relations@wintermar.com