ContiOcean Completes Acquisition of Second Vessel, Advancing Green Shipping Strategy

Bulletin Express

Jul 29

ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) confirmed the completion of its discloseable transaction for the acquisition of the vessel “OM Singapore” on 29 July 2026. The consideration has been fully settled with the seller in accordance with the OM Singapore Memorandum of Agreement, following the earlier acquisition of “OM Shanghai” on 16 April 2026.

The closing of the second vessel marks a key milestone in ContiOcean’s long-term green shipping roadmap. Management stated that the expanded fleet strengthens the company’s transition from a marine environmental-protection equipment developer to a ship-owning operator with self-managed assets.

With two vessels now in operation, ContiOcean plans to scale its closed-loop business model—“in-house R&D → actual vessel deployment → dynamic verification → commercial feedback.” The dual-vessel platform is intended to deliver verified shipping emission-reduction solutions that balance technical reliability with economic feasibility for the global market.

The Board reiterated its commitment to prudent operations, cost control, and synergy across fleet management to safeguard shareholder interests while aligning the new assets with medium- to long-term objectives.

Board composition remains unchanged, led by Chairman and Executive Director Zhou Yang, alongside three other executive directors and three independent non-executive directors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1134599779"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1134599779\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1134599779?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-29 17:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1134599779","market":"us","top_or_hot":-1,"title":"ContiOcean Completes Acquisition of Second Vessel, Advancing Green Shipping Strategy","media":"Bulletin Express","content":"<p>ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) confirmed the completion of its discloseable transaction for the acquisition of the vessel “OM Singapore” on 29 July 2026. The consideration has been fully settled with the seller in accordance with the OM Singapore Memorandum of Agreement, following the earlier acquisition of “OM Shanghai” on 16 April 2026.</p>\n<p>The closing of the second vessel marks a key milestone in ContiOcean’s long-term green shipping roadmap. Management stated that the expanded fleet strengthens the company’s transition from a marine environmental-protection equipment developer to a ship-owning operator with self-managed assets.</p>\n<p>With two vessels now in operation, ContiOcean plans to scale its closed-loop business model—“in-house R&D → actual vessel deployment → dynamic verification → commercial feedback.” The dual-vessel platform is intended to deliver verified shipping emission-reduction solutions that balance technical reliability with economic feasibility for the global market.</p>\n<p>The Board reiterated its commitment to prudent operations, cost control, and synergy across fleet management to safeguard shareholder interests while aligning the new assets with medium- to long-term objectives.</p>\n<p>Board composition remains unchanged, led by Chairman and Executive Director Zhou Yang, alongside three other executive directors and three independent non-executive directors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ContiOcean Completes Acquisition of Second Vessel, Advancing Green Shipping Strategy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nContiOcean Completes Acquisition of Second Vessel, Advancing Green Shipping Strategy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-07-29 17:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) confirmed the completion of its discloseable transaction for the acquisition of the vessel “OM Singapore” on 29 July 2026. The consideration has been fully settled with the seller in accordance with the OM Singapore Memorandum of Agreement, following the earlier acquisition of “OM Shanghai” on 16 April 2026.</p>\n<p>The closing of the second vessel marks a key milestone in ContiOcean’s long-term green shipping roadmap. Management stated that the expanded fleet strengthens the company’s transition from a marine environmental-protection equipment developer to a ship-owning operator with self-managed assets.</p>\n<p>With two vessels now in operation, ContiOcean plans to scale its closed-loop business model—“in-house R&D → actual vessel deployment → dynamic verification → commercial feedback.” The dual-vessel platform is intended to deliver verified shipping emission-reduction solutions that balance technical reliability with economic feasibility for the global market.</p>\n<p>The Board reiterated its commitment to prudent operations, cost control, and synergy across fleet management to safeguard shareholder interests while aligning the new assets with medium- to long-term objectives.</p>\n<p>Board composition remains unchanged, led by Chairman and Executive Director Zhou Yang, alongside three other executive directors and three independent non-executive directors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02613","symbol_name":"汇舸环保","start_time":0,"source_url":"","article_id":"1134599779","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134599779","pubTimestamp":1785318277,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) confirmed the completion of its discloseable transaction for the acquisition of the vessel “OM Singapore” on 29 July 2026. The consideration...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02613":"汇舸环保"},"translate_title":"ContiOcean 完成第二艘船舶收购，推进绿色航运战略","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02613":1},"content_text":"ContiOcean Environment Tech Group Co., Ltd. (ContiOcean) confirmed the completion of its discloseable transaction for the acquisition of the vessel “OM Singapore” on 29 July 2026. The consideration has been fully settled with the seller in accordance with the OM Singapore Memorandum of Agreement, following the earlier acquisition of “OM Shanghai” on 16 April 2026.\nThe closing of the second vessel marks a key milestone in ContiOcean’s long-term green shipping roadmap. Management stated that the expanded fleet strengthens the company’s transition from a marine environmental-protection equipment developer to a ship-owning operator with self-managed assets.\nWith two vessels now in operation, ContiOcean plans to scale its closed-loop business model—“in-house R&D → actual vessel deployment → dynamic verification → commercial feedback.” The dual-vessel platform is intended to deliver verified shipping emission-reduction solutions that balance technical reliability with economic feasibility for the global market.\nThe Board reiterated its commitment to prudent operations, cost control, and synergy across fleet management to safeguard shareholder interests while aligning the new assets with medium- to long-term objectives.\nBoard composition remains unchanged, led by Chairman and Executive Director Zhou Yang, alongside three other executive directors and three independent non-executive directors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}