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Caravelle International Group Announces New CEO and Audit Committee Chair to Trailblaze Shipping Decarbonization and Carbon Asset Management Platform

SINGAPORE, Jan. 14, 2025 /PRNewswire/ — Caravelle International Group (NASDAQ: HTCO), a global ocean technology company, today announced appointment of Shixuan He as the Company’s Chief Executive Officer and Xuanhua Xi as an independent director and Chairman of the Audit Committee. These strategic appointments are aimed at driving the company’s transition towards sustainable maritime practices and enhancing its management systems.

Mr. He, with his 15 years of management experience, has accumulated rich industry insights and exceptional leadership skills. His career has spanned large-scale diversified holding groups, rapidly growing intelligent and connected innovation enterprises, and the new energy and low-carbon field, demonstrating his adaptability and strategic vision in various business environments and achieving outstanding results in expanding business cooperation with multiple international well-known enterprises. In 2014, after joining High-Trend Technology Co., Ltd. as CEO, Mr. He led the development of the smart streetlight project and introduced the innovative concept of “one road, one network, one platform” for urban infrastructure IoT. In 2015, he collaborated with General Electric (GE) to build China’s first large-scale smart streetlight IoT platform project, with a total investment of 200 million RMB. Building on the success of this project, he signed a global strategic cooperation agreement with GE at the 6th China-US Energy Efficiency Forum, witnessed by the National Development and Reform Commission of China and the U.S. Department of Energy. This agreement facilitated the global promotion of both parties’ R&D achievements. In 2019, the cooperation results of this project were successfully replicated in the Brazilian market, achieving significant project outcomes. In 2020, Mr. He focused on new energy and low-carbon emission reduction projects, pioneering multiple projects in the field of green biomass energy and carbon asset development.

Ms. Xi possesses extensive experience in the field of professional financial services, particularly excelling in financial innovation. She has held senior management positions in several well-known financial institutions, accumulating profound professional knowledge and practical experience. Ms.Xi has been serving as the Chief Risk officer of DigiFT Technology Group, a Singapore-based on-chain capital market operation and service provider, since December 2024. She served as the Deputy Chief Executive Officer of Neutral Financial Holding Company Limited, a Hong Kong-based licensed financial service provider, from July 2024 to December 2024. Previously, she served as the Deputy Chief Executive Officer of BOCOM International Holdings Co., Ltd., a Hong Kong-based and listed financial service provider, from July 2017 to December 2023. She was also the General Manager of BOCOM International (Shanghai) Equity Investment Management Co., Ltd., an investment management company, from November 2020 to January 2022. From March 2015 to July 2017, she served as the General Manager of BOCOM International Securities Ltd., a company providing securities brokerage services.

Mr. Jinyu Chang, Chairman of the Board expressed that we are delighted to announce the addition of Mr. He and Ms. Xi to the leadership team at the company. Mr. He’s strategic vision and extensive experience will inject strong momentum into our sustainable development strategy; Ms. Xi’s exceptional leadership in financial innovation and global perspective will further enhance our competitiveness in the capital markets.

These appointments come at a significant time as the company is focused on enhancing its management systems and committing to ocean carbon neutrality. The new leadership will guide company in leveraging cutting-edge technology and finance integration to achieve sustainable development and create substantial opportunities for long-term growth and shareholder value.

About Caravelle International Group

Caravelle is a global ocean technology company with businesses in international shipping and marine carbon neutrality. The company is committed to improving shipping efficiency through innovative technologies and promoting sustainable development in the industry.

Forward Looking Statements

This announcement contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions, are “forward-looking statements”. Such statements include, but are not limited to risks detailed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the fiscal year ended October 31, 2023. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. All information provided in this press release is as of the date of the publication, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

FOURTH FUTURE MINERALS FORUM 2025 KICKS OFF WITH 90 COUNTRIES AND 16 G20 NATIONS AT MINISTERIAL ROUNDTABLE

RIYADH, Saudi Arabia, Jan. 14, 2025 /PRNewswire/ — The Fourth Ministerial Roundtable meeting began today as part of the Future Minerals Forum, hosting government representatives from 90 countries, including 16 G20 nations. The event featured participation from 50 international organizations, NGOs and global leaders in the mining industry.

Government representatives from 89 countries gathered at the fourth edition of the Future Minerals Forum’s Ministerial Roundtable to bolster international collaboration in producing the critical minerals essential for the energy transition.

This government-led meeting seeks to bolster international collaboration in producing the critical minerals essential for the energy transition. It provides a platform for ministers and senior officials to discuss sustainable development strategies for the sector, focusing on mining as a catalyst for economic growth and social progress.

Delegates discussed:

  1. Strategic Framework for Critical Minerals: Developing a collaborative framework in the Super Region of Africa, West, and Central Asia to fully harness the region’s mineral potential.
  2. Sustainability: Development of responsible supply priorities that reflect local realities in supplier countries and enhance transparency through supply chain certification.
  3. Centers of Excellence: Establishing a network to drive investments, develop human capital, and accelerate technological innovation within the Super Region and supplier countries.

The Forum continues to expand its program of events, including a new ‘Great Debates’ feature, that honor its commitment to “a year of impact”. In order to accommodate this larger-than-ever program, the Forum has been extended to an additional third day, including;

  • The inaugural Centers of Excellence and Technology meeting will bring together representatives from industry, academia, R&D and technology to establish a regional hub for capacity building and innovation.
  • The second meeting of International Geological Survey leaders featuring geological survey organizations from Africa, Asia, and global institutions such as the U.S. Geological Survey, British Geological Survey, BRGM (France), and GTK (Finland). Discussions will focus on building capacity to increase geological surveying, enabling more exploration and increasing investment in the countries of the Super Region.

FMF 2025 will spotlight Women in Mining, an initiative to promote gender equality and attract Saudi women into the mining sector. It focuses on creating opportunities to empower women in what has traditionally been a male-dominated industry.

Rana Abdullah Zumai, Head of Women in Mining Saudi, said: “We are committed to expanding opportunities for women in mining and creating an inclusive future. We aim to break stereotypes, foster knowledge-sharing, and build a mining ecosystem that attracts and supports women.”

Metabolon Appoints Michael Irwin as Vice President, Global Head of Sales

Michael Irwin will drive Metabolon’s global sales strategy as the company moves into its next phase of growth in the mutliomic marketplace

MORRISVILLE, N.C., Jan. 14, 2025 /PRNewswire/ — Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications, announces the appointment of Michael Irwin to Metabolon as Vice President, Global Head of Sales.

“We are thrilled to welcome Michael to the Metabolon leadership team during this pivotal time for the company.  Michael comes to Metabolon from Olink, where he was head of global sales. As the life sciences industry moves towards a multiomic research approach, Michael’s background in proteomics and genomics will help cement Metabolon’s position as a leader in the emerging multiomics marketplace,” said Rohan Hastie, Ph.D., President and CEO of Metabolon.

Michael is a seasoned sales leader with over 30 years in commercial roles, achieving high revenue growth in competitive and complex markets.  Michael’s extensive corporate experience in sales strategy and business development will be invaluable as Metabolon expands into new markets.

“Metabolon’s industry-leading Global Discovery Panel offers rigorous analysis of biological systems to identify biomarkers, assess drug effects, and track changes in key biological pathways,” said Michael Irwin, Vice President, Global Head of Sales. “Combined with Metabolon’s Integrated Bioinformatics Platform and soon-to-be-launched multiomic data analysis tools, Metabolon’s services can’t be matched.  I’m excited for the opportunity to drive the next phase of Metabolon’s growth!”

For more information about Metabolon’s services, please visit:

About Metabolon 
Metabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research and complement other ‘omics’ technologies.  With more than 20 years, 10,000+ projects, 3,000+ publications, and ISO 9001:2015, CLIA, and CAP certifications, Metabolon has developed industry-leading scientific, technology, and bioinformatics techniques.  Metabolon’s Global Discovery Panel is powered by the world’s largest proprietary metabolomics reference library.  Metabolon’s industry-leading data and translational science expertise help customers and partners address some of the most challenging and pressing questions in the life sciences, accelerating research and enhancing development success.  The company offers scalable, customizable multiomics solutions, including metabolomics and lipidomics, that support customer needs from discovery through clinical trials and product life-cycle management.  For more information, please visit www.metabolon.com and follow us on LinkedIn and Twitter.

About Metabolomics
Metabolomics, the large-scale study of all small molecules in a biological system, is the only omics technology that provides a complete current-state functional readout of a biological system.  Metabolomics helps researchers see beyond the genetic variation of individuals, capturing the combined impact of genetic and external factors such as the effect of drugs, diet, lifestyle, and the microbiome on human health. By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers, enabling a better understanding of a drug’s mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy.

Next Level Aviation® Commences Recap of Turning Rock Partners

NLA to complete the full redemption of Turning Rock’s preferred equity investment by June 30, 2025

DANIA BEACH, Fla., Jan. 14, 2025 /PRNewswire/ — Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has agreed to redeem Turning Rock Partners’ (TRP) 2019 preferred equity investment.  NLA made the first significant payment of the redemption agreement to TRP just prior to the end of 2024.

Next Level Aviation® Chairman & CEO Jack Gordon stated, “We are extremely pleased to reach this redemption agreement with Turning Rock Partners and are greatly appreciative of their financial and operational support over the last five years, including during the most challenging operational environment in the history of commercial aviation due to the COVID-19 pandemic.  We wish TRP the best with their portfolio investments going forward.”

Mr. Gordon continued, “We would also like to thank PNC Bank for providing the asset-based lending flexibility needed to support this management led recap. Once the recap is complete, 100% ownership of Next Level Aviation® will revert to its founders. We will evaluate the equity needs of the business going forward before choosing a new preferred equity partner to assist us in taking the business to the next level.”

Turning Rock Chief Operating Officer John Hamilton stated “Next Level Aviation has managed through the last five years with agility and tenacity, which is a testament to the dedication of its founders.  TRP is thrilled to have contributed to the company’s success and we wish the company and its founders much success in their next chapter.”

About Next Level Aviation®
Next Level Aviation® is an ASA-100 accredited and FAA Advisory Circular 00-56B compliant supplier stocking commercial aircraft/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation® specifically focuses on stocking USM for the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in March 2013 by Jack Gordon, Mike Dreyer, and Matt Dreyer, Next Level Aviation® has grown into a top global supplier of commercial aircraft/jet engine used serviceable material. www.nextlevelaviation.net

About Turning Rock Partners:
Turning Rock Partners (“TRP”) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America. TRP structures bespoke financing solutions for companies across the private market landscape. For more information, please visit Turning Rock Partners’ website: www.turningrockpartners.com. For Turning Rock investor relations, please contact investor@turningrockpartners.com.

Frost & Sullivan Recognizes RapidSOS with the 2024 Product Leadership Award for Enhancing Public Safety Through Next-Gen Emergency Response Technology

RapidSOS’s transformative platforms leverage artificial intelligence (AI) and connected data from over 540 million connected devices, sensors and apps to streamline emergency communications and improve outcomes in critical situations.

SAN ANTONIO, Jan. 14, 2025 /PRNewswire/ — Frost & Sullivan recently researched the North American public safety industry and, based on its findings, recognizes RapidSOS with the 2024 Product Leadership Award. RapidSOS is an AI-powered intelligent safety company headquartered in New York City that provides real-time data intelligence to first responders during emergencies, optimizing how 911 telecommunicators and emergency personnel gather and leverage data during critical incidents.

RapidSOS continuously innovates its intelligent safety platform, enabling first responders and 911 to detect and swiftly respond to emergencies. One of these innovations is AI-driven RapidSOS UNITE, a sophisticated platform that integrates critical communication workflows and data from multiple sources like security cameras, medical profiles, telematics, and wearables to surface life-saving information in one coherent, actionable view.

With its outstanding products and customer-inspired strategy, RapidSOS consistently launches best-in-class solutions. The company combines human creativity with AI to speed up emergency response processes, making complex information accessible and actionable in real time. For example, the company developed its innovative Digital Alerts and non-emergency automation services to streamline the time-consuming process of handling tasks like alarm calls, reducing the time spent on manual call processing and false alarms.

Additionally, RapidSOS UNITE centralizes next-generation 911 (NG911) workflows, displaying emergencies on a master map and supporting advanced features like AI-driven data prioritization. It also effectively integrates video feeds from over ten million security cameras and provides customizable modules that can be tailored to meet specific business needs.

“A pioneer and transformational public safety leader, RapidSOS demonstrates its agility by continuously advancing and refining its game-changing emergency response platform, enabling first responders and 911 to identify, react, and respond to emergencies more efficiently. The company recently introduced RapidSOS UNITE, a flexible platform that intelligently unifies workflows and data for all means of communications relevant to an emergency event,” said Brent Iadarola, vice president of research at Frost & Sullivan.

Moreover, RapidSOS’s Digital Alerts and AI enhance operational efficiency by integrating data from various sources, such as fire sensors, vehicle telematics, and security systems. This seamless flow of information allows first responders to arrive better prepared and reduces the likelihood of human error during critical moments. As a result, RapidSOS empowers public safety agencies to manage increasing call volumes and complexity with fewer resources, ensuring that responders are fully prepared with the right information.

“As the public safety staffing crisis deepens, exacerbated by increasing responsibilities and a record volume of 911 calls in 2023, public safety agencies must do more with fewer resources. RapidSOS developed its Digital Alerts service to address these strategic imperatives, which streamlines the processing of alarm calls that traditionally relied on analog phone calls. 911 telecommunicators, on average, spend nearly 20% of their time on inefficient, tedious tasks related to false alarm notifications,” noted Samantha Fisher, best practices research analyst at Frost & Sullivan.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Camila Tinajero
E: camila.tinajero@frost.com

About RapidSOS

RapidSOS is an intelligent safety company that harnesses artificial and human intelligence to fuse life-saving data from 540M+ connected devices, apps, and sensors from 200+ global technology companies to over 21,000 public safety agencies in six countries. Whether there’s an unsafe moment or an emergency, RapidSOS Ready devices, vehicles, homes, or buildings deliver essential data to the right place when it matters most. Learn more at www.RapidSOS.com.

Revolutionizing Crypto: How JuCoin Plans to Reclaim Its Market Throne

SINGAPORE, Jan. 14, 2025 /PRNewswire/ — JuCoin (
JuCoin’s Ecosystem

JuCoin’s Ecosystem Innovations

At the core of JuCoin’s ecosystem is JuChain, an independent and permissionless public blockchain poised for launch. JuChain allows developers to build decentralized applications (dApps) and issue assets, including fungible tokens (FTs) and non-fungible tokens (NFTs). With interoperability across other Layer 1 (L1) chains, JuChain facilitates multi-currency transfers through oracles and cross-chain bridges, making asset interoperability seamless.

JuChain is designed to integrate deeply with JuCoin’s trading platform, bridging decentralized and centralized financial systems. This integration will drive advancements in decentralized finance (DeFi) and PayFi, positioning JuCoin as a pioneer in the convergence of traditional and decentralized financial technologies.

Complementing JuChain is JuOne, the world’s first Web3 AI-powered cryptocurrency smartphone. JuOne combines top Web3 features, AI-driven intelligence, and a 5G IoT network. By seamlessly integrating with JuChain, JuOne aims to enhance asset security and execution efficiency, offering users a faster, more reliable experience in managing digital assets.

JuCoin Labs: Driving Innovation

JuCoin Labs serves as the innovation hub of the JuCoin ecosystem, focusing on blockchain research and supporting emerging Web3 projects. Through global resources, strategic partnerships, and connections to investors and advisors, JuCoin Labs empowers entrepreneurs to build robust Web3 companies.

A $100 million Web3 venture capital fund, with an initial allocation of $10 million, is now open for applications. This fund targets projects in blockchain infrastructure, Layer 2 solutions, DeFi, Web3, NFTs, and Metaverse. Entrepreneurs can apply and learn more at JuCoin Labs.

Industry Summits and Community Engagement

As part of its expansion strategy, JuCoin is organizing industry-leading summits to bring together blockchain innovators, cryptocurrency enthusiasts, and industry leaders. These events aim to foster collaboration and explore the future of the cryptocurrency industry.

To strengthen its user base, JuCoin is rolling out a global partnership program to work with regional and international partners, promoting blockchain development and creating a more inclusive cryptocurrency environment. By prioritizing user feedback, JuCoin ensures its platform evolves in alignment with community needs.

Looking Ahead: JuCoin’s 2025 Vision

JuCoin’s growth strategy revolves around enhancing the user experience, strengthening security and compliance, and accelerating globalization. By 2025, JuCoin cryptocurrency exchange plans to introduce innovative features such as:

  • The Token Generation Event (TGE) of its platform token, JUCoin.
  • Advanced social features to enhance community interactions.
  • The launch of JuChain and new CeDeFi functionalities.
  • Cutting edge Social-Fi dApp for Web3 community, JuChat.
  • A Launchpad initiative to support new blockchain projects.

These efforts, coupled with user rewards, referral programs, and offline events, aim to build a more engaged and participatory community. JuCoin is committed to standing out in a competitive market by offering a comprehensive ecosystem that extends beyond traditional trading.

About JuCoin

JuCoin is a leading centralized cryptocurrency exchange (CEX) known for its innovation and user-friendly platform. Today, JuCoin is evolving into a robust digital ecosystem that integrates blockchain development, cutting-edge mobile technology, and a vibrant global community, redefining the future of cryptocurrency.

For more information, visit jucoin.com and follow JuCoin on social media:

Twitter: https://x.com/Jucoinex
Telegram: https://t.me/jucoinex

Sixty Percent of Employees Plan to Move Jobs This Year, Aon Study Finds

Inaugural study of employees in 23 geographies reveals employees are engaging in a “hustle reset” as they reassess where and how much they work

DUBLIN, Jan. 14, 2025 /PRNewswire/ —
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

IMG Marks a Milestone: Celebrating 35 Years of Global Peace of Mind

INDIANAPOLIS, Jan. 14, 2025 /PRNewswire/ — IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, is excited to celebrate its 35th anniversary of providing travel and health safety solutions to travelers.

“For three and a half decades, IMG has proudly served millions of members around the world with everything from travel mishaps to life-threatening medical emergencies,” said Steve Paraboschi, IMG President and CEO. “When IMG opened its doors in January of 1990, we were primarily focused on providing medical insurance to missionary organizations working around the globe. Today we serve nearly every traveling demographic, including students, marine crews, vacationers, expats, and more.”

Throughout the past 35 years, IMG has experienced tremendous growth through market-leading products and services, becoming one of the only companies worldwide to offer travel insurance, travel medical insurance, international health insurance, and assistance and medical management services. Today, IMG continues making technological advancements, such as state-of-the-art claims processing technology and increased self-service capabilities, to improve its customer journey and be an innovative leader in the industry.

“The past 35 years wouldn’t have been possible without our dedicated staff, incredible distribution partners, and the millions of customers who have placed their trust in IMG while traveling or living abroad,” said Amanda Winkle, IMG Chief Operating Officer. “At IMG, we are excited for what the next 35 years have in store, as we continually work to improve the products and services we provide and remain committed to being there to protect and enhance the well-being of our customers.”

“IMG’s vision is to be recognized as the preeminent provider of travel and health safety solutions for people traveling and residing away from home, and we will continue working to make that vision a reality in the years to come,” said Paraboschi.

To read more about IMG’s 35-year history, please visit https://www.imglobal.com/history. To learn more about IMG’s award-winning travel and health safety solutions, please visit www.imglobal.com.

About IMG® (International Medical Group®)

IMG® (International Medical Group®), a SiriusPoint company, is an award-winning global insurance benefits and assistance services company that has served millions of members worldwide since its founding in 1990. The preeminent provider of travel and health safety solutions, IMG offers a wide range of insurance programs, including international private medical insurance, travel medical insurance, and travel insurance, as well as enterprise services, including insurance administrative services and 24/7 emergency medical, security, and travel assistance. IMG’s world-class services, combined with an extensive product portfolio, provide Global Peace of Mind® for travelers, students, missionaries, marine crews, and other individuals or groups traveling, working, or living away from home. For more information, please visit www.imglobal.com.