Caravelle lays the groundwork for innovative business in mixed transportation and drying wood by signing a mou with the government of gabon

Singapore , april 25, 2024 /prnewswire/ -- caravelle international group (nasdaq:caco), a leading global marine technology group of companies, today announced that it has signed a memorandum of understanding (mou) with the ministry of water and forestry of gabon on the development of a critical timber processing and marketing technology for the transportation, processing and sale of timber. this initiative is another important step in preparation for the drying of timber on the same carrier as the transportation of manganese ore.
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