Caravelle International Group
NASDAQ Capital MarketRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- High-Trend International Group, formerly known as Caravelle International Group, operates as a holding company providing ocean transportation services and marine decarbonization solutions internationally from its headquarters in Singapore, where it was founded in 2022. The company offers seaborne transportation of goods including manganese ore and timber under voyage contracts; vessel services on behalf of ship owners; and its proprietary CO-Tech carbon-neutral wood desiccation technology, which utilizes waste heat, idle space, and energy from shipping vessels for efficient timber drying and processing. Core operations span two segments, international shipping managed through Topsheen Shipping Group Corporation (Samoa) and subsidiaries, generating primary revenues from global maritime logistics, and the CO-Tech heating business under Singapore Garden Technology Pte. Ltd., targeting sustainable resource optimization in wood processing; it serves industries such as steelmaking, smelting, and timber with a fleet supporting routes from timber-rich regions like Gabon. In January 2025, the company changed its name from Caravelle International Group to High-Trend International Group and shifted strategic focus toward shipping decarbonization including onboard carbon capture systems and digital carbon asset management platforms, alongside integrating resources from global enterprises for growth. Recent developments include termination of a manganese ore purchase agreement with CUEX Metal AG in 2024, a settlement agreement with institutional investors resolving prior securities obligations, and exploration of partnerships for Web3-based carbon management; earlier initiatives encompassed a 2024 MoU with Gabon's government for timber processing advancements and new CEO appointment to advance decarbonization efforts.
Caravelle International Group to Change Ticker Symbol to 'HTCO' on September 30, 2024
Caravelle International Group Announces Financial Results for Fiscal Year 2023
Caravelle International Group Announces a Note and Warrant Purchase and Settlement Agreement
Caravelle International Group Regained Compliance with the Minimum Bid Requirement
Caravelle Lays the Groundwork for Innovative Business in Mixed Transportation and Drying Wood by Signing a MoU with the Government of Gabon
CUEX Metal AG and Caravelle International Group Sign Innovative Manganese Ore Purchase Agreement to Advance Wood Drying Business
Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice
Caravelle International Group Announces Major Milestone in Innovation: The Launch of Wood Drying Ship
Caravelle Reports Half Year 2023 Financial Results
Caravelle's Chairman of the Board and CEO, Dr. Guohua Zhang, invited to Davos Summit 2024
Caravelle International Group Announces a Private Placement of up to $6.8 Million
Caravelle International Group Announces Receipt of Nasdaq Notification and Outlines Compliance Plan
Navigating Future Profits: Caravelle's New Ship & Proprietary Carbon Reduction Tech Set to Surge Revenue and Profit Margins
Caravelle International Group Regains Compliance with Nasdaq Filing Requirement
Caravelle International Group Announces Audited Financial Results for 2022 with 51.9% Revenue Growth and 118.2% Increase in EPS
Caravelle International Group Granted Extension by Nasdaq to Regain Compliance with Filing Requirements