Thu, 22 Aug 2019

ORLANDO, FL / ACCESSWIRE / May 14, 2019 / The global seaborne shipping industry moves an estimated 90% of world trade.

This massive global industry is on the cusp of a revolution as great as its move from sail power to steam nearly two centuries ago.

In a few short years, unmanned ships are expected to begin moving silently across the world's oceans like drones, delivering cargo faster, safer and cheaper.

The world's first autonomous cargo vessel, Yara Birkeland, is expected to launch this year, and while crew will man the ship for a trial period, it is expected to be fully automated by 2020.

In this new age of shipping, piracy could become history, as autonomous vessels would be harder to board and have no visible control point such as a navigational bridge. If somehow hijacked, they could be locked down remotely or made to steam to safer waters.

Bad weather can also be mitigated via Dynamic Positioning and Global Navigation Satellite systems that automatically make finite adjustments to ships' propellers, rudders and thrusters, optimizing safe handling in rough seas and eliminating human error caused by fatigue or misjudgment.

Disruptive Opportunity for New Players

According to Oskar Levandar, Rolls-Royce's vice president of Marine Innovation, Engineering, and Technology, 'The shift from having a crew on board to having land-based technicians manage ships remotely will no doubt revolutionize the operation of the global supply chain, creating new services, more efficient schemes for leasing and pooling vessels, the emergence of online marketplaces for cargo delivery by sea, and other clever innovations for the digitally connected age. These changes will probably be disruptive, as new players enter a rather staid market, the same way as Uber, Spotify, and Airbnb have done in other realms.'

We've discovered a small Korean company that is at the tip of the spear of the disruption in shipping. And it's still under Wall Street's radar.

Based in Ulsan, South Korea, home of its partner Hyundai Heavy Industries (HHI), the world's largest shipbuilder, this small Korean technology company has already proven itself a leader ready to capitalize on revolutionary change.

Newly Listed Stock Positioned for Big Upside

HHI's partner in the development of smart ship technologies, eMARINE Global (OTC PINK: EMRN), entered the U.S. capital markets in the second half of 2017 with a listing on OTC Markets. This is believed to be the initial step in the company's progression to a major U.S. exchange and global operations.

Today, EMRN is the de facto industry standard for critical technologies that underpin the future of smart-ship development.

Including its partnership with HHI, EMRN is already working with four of the world's largest six shipbuilders, including DSME (Daewoo Shipbuilding & Marine Engineering), STX, and Samsung Heavy Industries.

Other key partners and customers include SAAB, the Republic of Korea Navy, the Korean Coast Guard, and more.

Despite its impressive customer roster and a growing book of business, EMRN is relatively unknown to U.S. investors. But we think that is about to change.

Growing Portfolio of Innovative Technology

At the core of EMRN's products offering is the company's Intra-Ship Integrated Gateway (ISIG).

Consisting of both hardware and software, the main function of ISIG technology is to send data collected from a fleet via smart-sensing technology to ground control operators on land.

EMRN currently supplies approximately 50 ISIGs to HHI alone each year, and the numbers are growing.

Founded in 2001, EMRN is working with a growing base of marquee customers to achieve maritime ICT convergence through fully integrated products and services, offering state-of-the-art e-navigation, marine Internet of Things (IoT), and marine big data solutions, primarily in Korea with near-term expansion into U.S. and Chinese markets.

Double-Digit Growth

EMRN grew revenue 15% year-over-year in 2018, reaching $3.96 million.

Strong revenue growth, combined with meaningful cost reductions, enabled EMRN to significantly decrease net loss in 2018.

Looking forward, with the expansion of the company's coastal surveillance business through several Vessel Traffic System (VTS) projects and the continued rollout of its autonomous ship solutions for public and private sector customers, EMRN management expects revenue growth to accelerate to 20% in the first half of 2019, compared to the first half of 2018.

Combined with its ongoing development work with HHI and other major customers, we believe this backdrop provides the company with significant potential to generate growth in 2019 and beyond as the multi-billion-dollar maritime industry converts from analog to digital.

Attractive Valuation at Current Levels

As a relatively new stock trading on the OTC Markets, EMRN remains thinly traded as of today.

While a steady pipeline of positive developments are expected in the coming quarters, investors looking to position early for the long-term upside still have an opportunity to accumulate shares at low prices.

To learn more about the opportunity for big, long-term upside, visit EMRNinfo.com.

About RedChip Companies, Inc.

RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 27 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, the RedChip Money Report, is delivered on-line weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated over 2.3 million unique investor views; quarterly global online institutional and retail investor conferences that reach over 10,000 investors annually, a globally-televised show, 'The RedChip Money Report,' which airs in 149 million homes globally on Bloomberg International; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relations services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more.

To learn more about RedChip's products and services, please visit:

https://www.redchip.com/corporate/investor_relations

'Discovering Tomorrow's Blue Chips Today'™

Disclaimer: RedChip Companies, Inc. research reports, company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RedChip reports, company profiles, or other investor relations materials and presentations are subject to change. RedChip Companies and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time.

The information contained herein is not intended to be used as the basis for investment decisions and should not be construed as advice intended to meet the particular investment needs of any investor. The information contained herein is not a representation or warranty and is not an offer or solicitation of an offer to buy or sell any security. To the fullest extent of the law, RedChip Companies, Inc., our specialists, advisors, and partners will not be liable to any person or entity for the quality, accuracy, completeness, reliability or timeliness of the information provided, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information provided to any person or entity (including but not limited to lost profits, loss of opportunities, trading losses and damages that may result from any inaccuracy or incompleteness of this information).

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We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ('SEC') at www.sec.gov.

eMARINE Global (OTC: EMRN) is a client of RedChip Companies. RedChip Companies, Inc. owns 613,000 shares of EMRN common stock. Be advised RedChip intends to sell some or all of its shares at any time, including when you are buying.

Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. RedChip investor awareness services include the preparation of a research profile(s), multimedia marketing, and other awareness services.

SOURCE: RedChip Companies



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