HTCO
High-Trend International Group Class A Ordinary SharesHTCO
HTCO
About: High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service. Majority of revenue is from providing shipping services for customers in Asia, principally in Singapore, Dubai, Korea, Japan, and India.
Employees: 31
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0.18% less ownership
Funds ownership: 0.24% [Q4 2024] → 0.06% (-0.18%) [Q1 2025]
14% less funds holding
Funds holding: 7 [Q4 2024] → 6 (-1) [Q1 2025]
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
82% less capital invested
Capital invested by funds: $453K [Q4 2024] → $83.4K (-$370K) [Q1 2025]
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Research analyst outlook
We haven’t received any recent analyst ratings for HTCO.
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
High-Trend International Group Held Extraordinary General Meeting for Share Capital Restructure
SINGAPORE , July 18, 2025 /PRNewswire/ -- High-Trend International Group (the "Registrant" or the "Company") (NASDAQ: HTCO), a global ocean technology company, today announced a correction to its press release issued on July 17, 2025, in order to provide clarification about the time of effectiveness of the proposed share consolidation. Please see below the corrected original press release.
Neutral
PRNewsWire
1 week ago
High-Trend International Group Held Extraordinary General Meeting for Share Capital Restructure
SINGAPORE , July 17, 2025 /PRNewswire/ -- High-Trend International Group (the "Registrant" or the "Company") (NASDAQ: HTCO), a global ocean technology company, held its Extraordinary General Meeting of Shareholders (the "Meeting") on July 16, 2025. At the Meeting, the shareholders voted to approve (1) the proposal that effective immediately following the close of the Meeting, every 25 issued and unissued class A ordinary shares of a par value of US$0.0001 each and every 25 issued and unissued class B ordinary shares of a par value of US$0.0001 each in the Company's existing share capital be consolidated into 1 class A ordinary share of a par value of US$0.0025 and 1 class B ordinary share of a par value of US$0.0025, respectively (each a "Consolidated Share") and such Consolidated Shares shall rank pari passu in all respects with each other and have the rights and privileges and be subject to the restrictions as contained in the third amended and restated memorandum and articles of association of the Company (the "Share Consolidation"), so that immediately following the Share Consolidation, the authorized share capital of the Company shall be changed from US$50,000 divided into 497,500,000 class A ordinary shares of a par value of US$0.0001 each and 2,500,000 class B ordinary shares of a par value of US$0.0001 each, to US$50,000 divided into 19,900,000 class A ordinary shares of a par value of US$0.0025 each and 100,000 class B ordinary shares of a par value of US$0.0025 each; (2) the proposal that effective immediately following the close of the Meeting, the authorized share capital of the Company be increased by the creation of an additional 470,000,000 class A ordinary shares of a par value of US$0.0025 each and 10,000,000 class B ordinary shares of a par value of US$0.0025 each to rank pari passu in all respects with the existing class A ordinary shares and class B ordinary shares, respectively (the "Increase of Authorized Share Capital") so that immediately following the Increase of Authorized Share Capital, the authorized share capital of the Company shall be changed from US$50,000 divided into 19,900,000 class A ordinary shares of a par value of US$0.0025 each and 100,000 class B ordinary shares of a par value of US$0.0025 each, to US$1,250,000 divided into 489,900,000 class A ordinary shares of a par value of US$0.0025 each and 10,100,000 class B ordinary shares of a par value of US$0.0025 each; and (3) the proposal that effective immediately following the close of the Meeting, the second amended and restated memorandum and articles of association of the Company currently in effect be amended and restated by the deletion in their entirety and the substitution in their place of the third amended and restated memorandum and articles of association annexed to the notice of the Meeting.
Neutral
PRNewsWire
1 month ago
High-Trend International Group (NASDAQ: HTCO) Welcomes President Trump's Support as Board Member Brian Su Advocates for U.S. Maritime Innovation and Global Leadership
NEW YORK , June 26, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO), a Nasdaq-listed global shipping and logistics company, proudly acknowledges the recent correspondence from President Donald J. Trump in response to a letter submitted by Mr.
Neutral
PRNewsWire
1 month ago
High-Trend International Group Appoints Brian B. Su as Independent Director and Chairman of the Compensation Committee
NEW YORK , June 9, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) ("the Company"), a publicly traded international shipping and logistics company, today announced the appointment of Mr. Brian B. Su as an Independent Director and Chairman of the Company's Compensation Committee, effective immediately.
Neutral
PRNewsWire
2 months ago
High-Trend International Group Announces Strategy Update for Onboard Carbon Capture in the Shipping Industry
SINGAPORE , May 12, 2025 /PRNewswire/ -- High-Trend International Group ("High-Trend" or the "Company") (NASDAQ: HTCO), a global ocean technology company that engages in international shipping services and new carbon neutral ocean technologies, today announced an update of its strategic plan regarding its Onboard Carbon Capture (OCC) systems to capture carbon dioxide (CO2) in the shipping industry. The Company is actively developing a business of providing carbon neutrality solutions for the shipping industry due to an expansive market opportunity as a result of heightened regulatory trends regarding carbon emissions.
Neutral
PRNewsWire
4 months ago
Christopher Nixon Cox Named Chairman of High-Trend International Group
SINGAPORE , March 13, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) (the "Company"), an international shipping company, today announced the appointment of Christopher Nixon Cox, as Chairman of the Company, effective immediately. Mr. Cox , a venture capitalist and advocate for socially impactful investing, will leverage his extensive expertise in global markets and sustainability to drive the Company's strategic growth in innovation-driven sectors.
Neutral
PRNewsWire
4 months ago
High-Trend International Group Announces the Completion of a $4,452,999 Private Placement of Ordinary Shares to Its Co-Founder, Mr. Dong Zhang At a Price of $2.62 Per Share with a Three-year Lock-up
SINGAPORE , March 11, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) (the "Company"), an international shipping company, today announced that Mr. Dong Zhang, a co-founder of the Company, has reaffirmed his commitment to the Company's long-term growth through a substantial equity investment.
Neutral
PRNewsWire
5 months ago
High-Trend International Group Reports Fiscal 2024 Financial Results
Income from operations increased to $2.3 million in fiscal 2024, recovered from significant loss of $15.6 million in fiscal 2023. SINGAPORE , Feb. 27, 2025 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) (the "Company"), a global ocean technology company, today reports its consolidated financial results for the year ended October 31, 2024.
Neutral
PRNewsWire
6 months ago
Caravelle International Group Issues CEO Letter to Employees and Shareholders
Discusses Recent Corporate Developments and Commitment to Sustainability and Transparency SINGAPORE , Jan 28, 2024 /PRNewswire/ -- Caravelle International Group (NASDAQ: HTCO) ("Caravelle" or the "Company"), a global ocean shipping technology company, today released a letter to shareholders from its CEO, Mr. Shixuan He.
Neutral
PRNewsWire
6 months ago
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.
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