Intercont’s Technology Factory Ship (NASDAQ:NCT) Aims to Revolutionize Maritime Shipping with Onboard Production

HONG KONG, April 16, 2025 —

Seamless Integration of Transport and Processing
Intercont (Cayman) Limited (NASDAQ:NCT) (“Intercont” or the “Company”) has proposed a technology factory ship, a novel concept involving a mobile ocean-based factory that seamlessly merges transportation with on-site processing. This innovative approach holds significant commercial promise for both long-distance shipping and product transformation. By processing wastepaper into high-quality pulp during transit, the factory ship notably reduces the time from raw material sourcing to product delivery, while also eliminating unnecessary shipping and handling costs.

“The core concept of the technology factory ship is to exchange space for time, integrating the value chain with the logistics chain,” stated Ms. Zhu Muchun, CEO and Chairman of the Board of Directors of Intercont (NASDAQ:NCT). “This model not only enhances supply chain efficiency but also provides a more cost-effective solution for the global pulp market and aims to explore the diverse possibilities of the maritime industry.”

Ms. Zhu Muchun attended the discussion meeting with Jinxing Paper Industry

Ms. Zhu Muchun attended the discussion meeting with Jinxing Paper Industry

Environmental Responsibility and Carbon Neutrality
The technology factory ship, utilizing advanced dry and wet pulping technologies, is designed to minimize wastewater, exhaust, and solid waste emissions. By incorporating waste heat recovery and renewable energy sources, it will reduce carbon emissions throughout the production cycle, establishing a new benchmark for carbon-neutral manufacturing. In 2024, Intercont (NASDAQ:NCT) announced a partnership with Rockwell Automation to launch an ESG Collaboration. This highlights the company’s dedication to environmental stewardship and its proactive role in contributing to the global green economy.

Ms. Muchun Zhu, as the representative of Intercont, signed the strategic cooperation Agreement with Rockwell

Ms. Muchun Zhu, as the representative of Intercont, signed the strategic cooperation
Agreement with Rockwell

Digitization and Intelligence
Equipped with sensors, control systems, and digital twin technology, the technology factory ship will have the ability to optimize production processes, improve transparency, and strengthen operational control. These technologies enhance precision and decrease reliance on manual labor, while also paving the way for future autonomous, unmanned production. The Group anticipates further cost optimizations across its operations as a result.

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The operations team of Intercont visited the partner’s factory

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The operations team held an expert meeting and visited the partner factory

Light-asset business model
Intercont (NASDAQ:NCT) employs an asset-light model by leasing and retrofitting existing factory ships, thereby avoiding the substantial capital expenditures typically associated with expanding a fleet. This adaptable strategy allows for the rapid deployment of technology factory ships closer to end markets, enabling a quick response to evolving customer demands.

The company anticipates developing a fleet comprising leased and self-owned factory ships in the medium term, covering key markets in Southeast Asia, China, and the United States, and gradually expanding production capacity while revolutionizing ocean-based manufacturing.

Ms. Zhu Muchun attended the annual meeting of Intercont in 2023

Ms. Zhu Muchun attended the annual meeting of Intercont in 2023

About Intercont (Cayman) Limited (NASDAQ: NCT)
Intercont (Cayman) Limited is a global shipping company planning an innovative ocean factory model. Guided by a visionary management team, Intercont is committed to offering customers efficient and environmentally sound transportation solutions through pioneering business models and technology.

For more information, please visit: .

Intercont (Cayman) Limited (NASDAQ: NCT)

+852-3848-1720

Photos accompanying this announcement are available at

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