Connect with us

Technology

RightShip Seeks New Competencies to Remain Leaders in Maritime AI

Published

on

SINGAPORE, May 23, 2025 /PRNewswire/ — RightShip’s mission is to enable our customers to achieve Zero Harm in the global maritime value chain – zero harm to vessels, to people, and to environment – through unique data and actionable insights. We do this by constantly strengthening our market and product relevance and augmenting our data and technology capabilities.

As the need for safety in the global supply chain increases and the development of data and technology accelerates, so does the potential and the pace of RightShip’s growth. To support our growth ambition, we are currently exploring strategic options to bring in a new minority investor who shares the same mission, purpose and values as RightShip and its current shareholders. The existing investors, BHP, Cargill and Rio Tinto, will remain as shareholders and continue to fully support RightShip through its next phase of growth. This consideration is driven by our commitment to delivering long-term value to our customers, employees, shareholders, and the global maritime industry.

Our primary goal is to partner with an investor who brings not only capital but also significant expertise in data and technology and transformational growth. We will seek a partner with the ability to provide valuable insights, resources, and track records that will support RightShip to accelerate our growth initiatives. Together, we will innovate our product offerings, supercharge our data, technology and AI capabilities and deliver delightful customer experiences – all with the intention of working to achieve zero harm in the maritime industry. To this end, RightShip has engaged Rothschild C Co as the financial advisor acting on behalf of RightShip and its shareholders.

Our decision to explore this opportunity is rooted in our dedication to maintaining the highest standards of transparency and integrity. We are early in the process and committed to conducting this process with the utmost confidentiality and discretion to prevent any market speculation or disruption. We will keep our stakeholders informed as we progress and ensure that any decisions made are in the best interests of our valued customers, the company, its employees and our future.

We appreciate the continued support and trust of our shareholders, customers, and employees as we navigate this exciting phase of our company’s journey.

About RightShip

Established in 2001, RightShip is a leading global ESG-focused digital maritime platform, providing expertise in global safety, sustainability and social responsibility practices. Founded with the mission to drive operational improvements in the global shipping industry, more than 850 customers use RightShip’s due diligence, environmental and inspections services to help them manage risk and improve overall maritime safety standards.

For Any Media Queries: 
Deepti Pathak
Head of Marketing and Communications, RightShip
Deepti.Pathak@rightship.com 

SOURCE RightShip

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

With AOV Technology, ieGeek Enables Wire-Free Security Cameras to Achieve 24/7 Smart Recording Without Hardwiring

Published

on

By

LONDON, April 29, 2026 /PRNewswire/ — ieGeek introduces its AOV (Always-On Video) technology, allowing wire-free security cameras to deliver continuous 24/7 intelligent recording without the latency or missed incidents often seen in conventional PIR-triggered systems. The ieGeek S7 combines this innovation with long-lasting battery performance, AI-driven human tracking, and an expanded detection range.

AOV Technology Expands Capabilities of Wire-Free Cameras

Home security setups have traditionally required users to choose between two approaches:

Wired cameras: 24/7 recording, but require complex wiring and fixed placement.Battery-powered cameras: wire-free flexibility, but PIR wake-up delays risk missing events.

ieGeek’s AOV technology bridges this gap, delivering the non-stop recording of a wired camera while maintaining the mount-anywhere convenience of a battery-powered design.

How AOV Works

The ieGeek S7 maintains continuous awareness with a low-frame-rate mode—by default, capturing one frame every two seconds to reduce redundant footage by roughly 90%, preserving battery life and storage. When human movement is detected, it switches to a stream of up to 25fps within 50 milliseconds.

AI-Powered Human Auto-Tracking

The ieGeek S7 features an advanced AI human detection algorithm. Once human movement is detected, the auto-tracking function activates immediately. With 355° pan and 120° tilt, the camera automatically follows the target’s movements—so you never have to adjust the lens manually again.

Extended Detection Range

Typical PIR sensors detect heat signatures up to about 10 meters, with accuracy limited by distance and ambient temperature.

The S7’s AOV visual sensor uses AI-powered image recognition to clearly detect people and vehicles up to 30 meters, while using image algorithms to filter out irrelevant motion—effectively reducing false alarms.

Extended Battery Life

The ieGeek S7 is equipped with a 9000mAh high-capacity battery and can be paired with a solar panel for continuous power. The combination of AOV’s low-power architecture and high-capacity battery significantly extends runtime between charges.

Redefining What a Wire-Free Camera Can Deliver

“We set out to eliminate the recording reliability concerns that have long been a trade-off in wire-free cameras,” said Product Director at ieGeek. “With AOV technology and a focus on battery life and detection performance, we believe continuous protection and wireless flexibility are no longer mutually exclusive.”

The ieGeek S7 is available to buy now at Amazon.

Amazon UK

Amazon IT

Amazon DE

Amazon ES

Amazon FR

Photo – https://mma.prnewswire.com/media/2969036/image1.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/with-aov-technology-iegeek-enables-wire-free-security-cameras-to-achieve-247-smart-recording-without-hardwiring-302757408.html

Continue Reading

Technology

Baylin Technologies Announces Extension to its Credit Facility

Published

on

By

TORONTO, April 29, 2026 /CNW/ – Baylin Technologies Inc. (TSX: BYL) (OTCQB: BYLTF) (“Baylin” or the “Company) is pleased to announce that its principal lender, Royal Bank of Canada, has agreed to extend the maturity date of the Company’s revolving credit facility from April 30 to May 31, 2026.

About Baylin

Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency and satellite communications products, and the provision of supporting services. Baylin aspires to exceed its customers’ needs and anticipate the direction of the market. For further information, please visit www.baylintech.com.

SOURCE Baylin Technologies Inc.

Continue Reading

Technology

Freddy’s brings back Dr Pepper Frost for a limited time

Published

on

By

WICHITA, Kan., April 29, 2026 /PRNewswire/ — Fast-casual restaurant concept, Freddy’s Frozen Custard & Steakburgers®, announced today the return of the Dr Pepper Frost. The limited-time offer will be available May 6 through July 7 at participating Freddy’s locations nationwide via drive-thru, in-restaurant dining, and pickup or delivery through the Freddy’s mobile app and at https://freddys.com.

Freddy’s Dr Pepper Frost is made with vanilla frozen custard blended with Dr Pepper and its 23 unique flavors, topped with whipped cream to make a cool and creamy treat.

“Freddy’s Frosts feature a lighter, refreshing taste made with our signature freshly churned vanilla frozen custard,” said Rick Petralia, Sr. Director of Menu Strategy & Innovation. “We first offered the Dr Pepper Frost last summer and it became an instant hit. Combining our rich and creamy frozen custard with the one-of-a-kind taste of Dr Pepper’s iconic 23 flavors creates a delicious and cool treat that’s especially enjoyable as the weather starts to warm up.”

In addition to the return of the Dr Pepper Frost, Freddy’s Steakburger Taco will remain on the menu through July 7, 2026, due to its popularity and an overwhelming amount of positive guest feedback requesting its extension.

“We first introduced the Steakburger Taco in January this year as a limited-time offer, and due to popular demand, it will remain on the menu through July 7. We feel grateful for the amazing responses we’ve received from guests who are calling it their new favorite menu item,” said Petralia. “Our Steakburger Taco is a craveable, perfectly snack-sized option that features Freddy’s signature steakburger patty, melted American cheese, lettuce, and Jalapeño Fry Sauce all wrapped in a grilled tortilla.”

About Freddy’s

Freddy’s Frozen Custard & Steakburgers® is a leading fast-casual franchise concept with more than 580 locations across 36 states nationwide. Founded in Wichita, Kansas, in 2002, the brand offers a unique combination of cooked-to-order steakburgers, all-beef hot dogs, shoestring fries and other savory items along with freshly churned frozen custard treats. Known for operating the Freddy’s Way, Guests experience genuine hospitality and food prepared fresh with premium ingredients. For more on Freddy’s, visit the Newsroom and follow us on Facebook and Instagram. For more information about development opportunities, visit https://freddysfranchising.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/freddys-brings-back-dr-pepper-frost-for-a-limited-time-302757972.html

SOURCE Freddy’s Frozen Custard & Steakburgers

Continue Reading

Trending