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Published on 07:03 GMT

After Zanzibar, Kenya now folds shipping line

Kenya has shelved its ambitious plan to own a national shipping line due to high operating costs, leaving the private sector to continue benefiting from revenues accrued from the cargo chartering business. Nairobi’s decision comes barely a year after …

Source: The Citizen - Uncategorized
Published on Jan 23, 2025

50 Over 50 Global: 2025

View the list: A-C 64 | Cofounder and Associate Scientific Director, CAPRISA | South Africa Quarraisha Abdool Karim An infectious diseases epidemiologist, Quarraisha Abdool Karim is one of the world's leading HIV/AIDs researchers. Since 1998, …

Source: Forbes - Neutral
Published on Jan 23, 2025

Together, Egypt and Turkey may have what it takes to restart Israeli-Palestinian peace negotations

The Egyptian-Turkish summit in Ankara on September 4, 2024, marked the culmination of more than three years of efforts to normalize relations between the two countries. This followed a strategic shift by Turkish President Recep Tayyip Erdoğan, who …

Source: Atlantic Council - Uncategorized
Published on Jan 23, 2025

HMM, JNPA sign agreement for Vadhvan Port development

South Korea-based HMM has signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to collaborate on developing Vadhvan Port in Maharashtra. Under the MoU, HMM will support the development and operation of Vadhvan Port to …

Source: Indian Transport & Logistics News (ITLN) - Label Pending
Published on Jan 23, 2025

China overtakes Japan as owner of world’s most valuable shipping fleet with $255bn stable

China has become the undisputed leader among the world’s shipowning nations, according to data from VesselsValue. Senior analyst Rebecca Galanopoulos said China was already top in terms of vessel numbers, but it has now leapfrogged Japan to control the …

Source: Tradewinds - Neutral
Published on Jan 23, 2025

LNG is steady compass to net zero, SEA-LNG found

Global adoption and the growth of the liquefied natural gas (LNG) pathway in the maritime industry has witnessed ‘record’ heights in the year 2024, a new analysis from industry coalition SEA-LNG has found. According to SEA-LNG’s annual “View from the …

Source: Offshore Energy - Neutral
Published on Jan 23, 2025

Cargo Shipping Market to Reach USD 23.4 Billion by 2032, Growing at a CAGR of 5.06%

Industrial and economic growth will drive international trade, significantly boosting the expansion of the cargo shipping market. TX, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- The cargo shipping market is a cornerstone of the global …

Distribution channels: Shipping, Storage & Logistics ...
Published on Jan 22, 2025

Houthi attacks on shipping likely to resume due to fragile Gaza ceasefire deal, warns S&P

Houthi attacks on commercial shipping in the Red Sea are likely to resume in 2025 because prospects of a successful conclusion to the Gaza ceasefire deal are low, according to S&P Global Market Intelligence. The rebel group said on Sunday that it would …

Source: Tradewinds - Neutral
Published on Jan 21, 2025

Houthi Threat on Red Sea Shipping Still ‘Conditional’ Despite Israel-Hamas Ceasefire

The Houthi militants that have targeted more than 100 commercial vessels with missiles and drones since the breakout of the Israel-Hamas war now claim they are ceasing attacks on non-Israeli ships traveling the Red Sea. But ocean carriers and maritime …

Source: Sourcing Journal - New York - Neutral
Published on Jan 21, 2025

Shipping Giant MSC Says It Will Avoid Red Sea for Now

[Stay on top of transportation news: Get TTNews in your inbox.] Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows …

Source: Transport Topics - Neutral
Published on Jan 21, 2025

Shipping Giant MSC Says It Will Keep Avoiding Red Sea for Now

(Bloomberg) — Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is not imminent. “The situation …

Source: gCaptain - Neutral
Published on Jan 21, 2025

Hanwha Systems' vessel cybersecurity system approved by US classification society

Hanhwa Systems, a Korean technology solutions provider affiliated with Hanwha Group, said Tuesday that its cybersecurity solution system for ships has been certified by a US-based ship classification society for the first time in Asia. The SecuAider system …

Source: The Investor - Neutral
Published on Jan 21, 2025

How Well Will ITA Airways Fit In With The Other Lufthansa Group Airlines?

January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of European commercial aviation, as the company finalized a 41% stake in Italian flag carrier ITA Airways. The deal had been in the making …

Source: Simple Flying - Neutral
Published on Jan 20, 2025

2024 in Retrospect Tema, environs record mixed bag of activities

The year 2024 was one that saw the port city of Tema and its environs witness the inauguration of some projects to enhance the economy of the country and improve living conditions. These include energy, transport infrastructure and agriculture sectors. The …

Source: Graphic - Label Pending
Published on Jan 20, 2025

MSC Announcement: Trade update

TRADE ANNOUNCEMENT UPDATE - USA TO CENTRAL AMERICA; CENTRAL AMERICA TO USA EOS - EMERGENCY OPERATION CHARGE - WEST AFRICA & AGADIR TO USA & SAN JUAN, PUERTO RICO TRADE ANNOUNCEMENT UPDATE SCOPE: USA TO CENTRAL AMERICA; CENTRAL AMERICA TO USA …

Source: American Journal of Transportation - Neutral
Published on Jan 20, 2025

Container Shipping Market to Reach $20.1 Billion by 2032 with 3.23% CAGR

The Container Shipping market is projected to grow from $15.59B in 2024 to $20.1B by 2032, driven by a 3.23% CAGR during the forecast period. NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Global Container Shipping Market is …

Distribution channels: Building & Construction Industry ...

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Published on January 24, 2025 - 14:15 GMT

Air Freight Forwarding Software Market to Grow Steadily with 15.49% CAGR, Projected to Cross $19.5 Billion by 2032

Essential for streamlining air cargo operations, offering software solutions that enhance efficiency and tracking in the air freight industry. TEXAS, TX, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- Air Freight Forwarding Software …

Distribution channels: Technology ...
Published on January 24, 2025 - 19:14 GMT

Joe Gibbs Racing and Saia LTL Freight Announce Multi-Year Partnership for Ty Gibbs and No. 54 Toyota Camry XSE

HUNTERSVILLE, N.C., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is excited to announce that Saia LTL Freight has partnered with Joe Gibbs Racing for a multi-year sponsorship of Ty Gibbs and the No. 54 Toyota Camry XSE in the NASCAR Cup …

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Published on January 24, 2025 - 13:30 GMT

Intuitive Machines Awarded Contract to Advance Lunar Logistics, Cargo, and Mobility Solutions

HOUSTON, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, announced today that NASA has awarded the Company a study …

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Published on January 23, 2025 - 07:01 GMT

Cargo Shipping Market to Reach USD 23.4 Billion by 2032, Growing at a CAGR of 5.06%

Industrial and economic growth will drive international trade, significantly boosting the expansion of the cargo shipping market. TX, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- The cargo shipping market is a cornerstone of the global …

Distribution channels: Shipping, Storage & Logistics ...

Published on January 23, 2025 - 17:26 GMT

AmeriFreight Announces Its New Dallas Car Shipping and Auto Transport Page

AmeriFreight launches a new Dallas car shipping page, offering reliable, affordable auto transport with door-to-door service and expert guidance. TYRONE, GA, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- AmeriFreight Auto Transport, a …

Distribution channels: Automotive Industry, Business & Economy ...
Published on January 23, 2025 - 14:15 GMT

Tms For Freight Forwarder Market to Grow at a CAGR of 10.21% and will Reach USD 64.8 billion by 2032

Important for optimizing logistics operations, and providing efficient transport management solutions to freight forwarding companies. LOS ANGELES, CA, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Technology ...
Published on January 23, 2025 - 11:53 GMT

Cargo Insurance Market to Exhibit Moderate Growth at a CAGR of 4.1% from 2024 to 2032

Cargo Insurance Market Research Report By, Type, Coverage, Industry, Commodity, Scale, Regional WY, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- The global Cargo Insurance market is witnessing steady growth, with significant expansion …

Distribution channels: Insurance Industry ...
Published on January 23, 2025 - 13:57 GMT

To Combat Mounting Cargo Theft, Verisk Launches CargoNet® RouteScore API

JERSEY CITY, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Cargo theft losses in the U.S. continue to climb: 2024 is projected to record 25 percent more losses than 2023, a year that also reached all-time highs for reported incidents. Verisk (Nasdaq: VRSK), a …

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Published on January 24, 2025 - 21:19 GMT

AIRPORTELs' Golf Bag Delivery: A Game-Changer for Golfers

AIRPORTELs recently announced a groundbreaking addition to its logistics solutions with the introduction of the Golf Bag Delivery Service BANGKOK CITY, BANGKOK, THAILAND, January 25, 2025 /⁨EINPresswire.com⁩/ -- AIRPORTELs recently announced a …

Distribution channels: Culture, Society & Lifestyle, Gifts, Games & Hobbies ...
Published on January 24, 2025 - 17:30 GMT

Beachcomber Hot Tubs Offers Stress-Free Delivery & Installation for Oakville Residents

OAKVILLE, ONTARIO, CANADA, January 24, 2025 /⁨EINPresswire.com⁩/ -- For many, purchasing a hot tub is an exciting investment, but concerns about delivery and installation can sometimes dampen the enthusiasm. Beachcomber Hot Tubs, a trusted name in …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on January 24, 2025 - 16:27 GMT

Gosships Launches Updated Learning Platform Featuring SwiftAction Training and a Comprehensive Book Series

Empowering Global Learners with Affordable, Practical Education and Certificates of Completion MIAMI, FL, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- Gosships LLC, the Miami-based leader in maritime and energy education, has unveiled …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on January 24, 2025 - 10:15 GMT

Supply Chain Risk Management Market : $2.9 Billion in 2021, Projected to $6.9 Billion by 2031 | CAGR of 9.2%

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Supply Chain Risk Management Market Size, Share, Competitive Landscape and Trend Analysis …

Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
Published on January 24, 2025 - 09:43 GMT

AI in Logistics Market to exceed US$ 549B by 2033, led by Machine Learning (46%), with North America at 41%.

The AI in Logistics market is set to hit US$ 549 billion by 2033, growing at a strong 46.7% CAGR (2024-2033), transforming global supply chains. NEW YORK, NY, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- According to information from …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 24, 2025 - 09:41 GMT

Container Tracking Industry to Witness 8.2% CAGR, Reaching $21,627.26 Million by 2032

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Container Tracking Market By Offering (Hardware, Software, and Service), Technology Type (RFID, GPS, …

Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
Published on January 24, 2025 - 09:10 GMT

Growth in Logistics Business Outsourcing : CAGR of 5.7% Drives Market to $2.1 Trillion by 2032

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 24, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Logistics Business Outsourcing Market by Mode of Transport (Air Freight, Ocean Carriers, Railways, and …

Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
Published on January 24, 2025 - 21:05 GMT

ICON Energy Corp. Announces Closing of Upsized $12.0 Million Public Offering

ATHENS, Greece, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Icon Energy Corp. (“Icon” or the “Company”) (Nasdaq: ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing …

Distribution channels: Banking, Finance & Investment Industry, Shipping, Storage & Logistics ...
Published on January 24, 2025 - 19:14 GMT

Joe Gibbs Racing and Saia LTL Freight Announce Multi-Year Partnership for Ty Gibbs and No. 54 Toyota Camry XSE

HUNTERSVILLE, N.C., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is excited to announce that Saia LTL Freight has partnered with Joe Gibbs Racing for a multi-year sponsorship of Ty Gibbs and the No. 54 Toyota Camry XSE in the NASCAR Cup …

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Published on January 24, 2025 - 17:08 GMT

Singularity Announces Pricing of $1.1 Million Registered Direct Offering

New York, N.Y., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Singularity Future Technology Ltd. (Nasdaq: SGLY) (“Singularity” or the “Company”), today announced that it has entered into securities purchase agreements with several institutional investors to purchase …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 24, 2025 - 00:33 GMT

Lloyd’s Register appoints new Strategic Business Partner and Senior Representative in Japan

Lloyd’s Register (LR) has announced the appointment of Jim Smith as its new Strategic Business Partner and Senior Representative for LR in Japan. SOUTHAMPTON, UNITED KINGDOM, January 24, 2025 /⁨EINPresswire.com⁩/ -- Lloyd’s Register (LR) has …

Distribution channels: Business & Economy, Energy Industry ...
Published on January 24, 2025 - 12:00 GMT

GXO Schedules Fourth Quarter, Full-Year 2024 Earnings Conference Call for Thursday, February 13, 2025

GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its fourth quarter and full-year 2024 earnings conference call and webcast on Thursday, February 13, 2025, at 8:30 a.m. Eastern Time. The company’s results will …

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Published on January 23, 2025 - 19:59 GMT

Rental Supply Inc. Now Offering MEWP Forklift Training and Certifications

Rental Supply Inc. announces the addition of Mobile Elevated Work Platform (MEWP) training as a service for operators of aerial equipment. GREENSBORO, NC, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- Rental Supply Inc. has announced the …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on January 23, 2025 - 19:38 GMT

Craters & Freighters Tampa: Poised for Growth and Innovation in 2025

Craters & Freighters Tampa Elevates Shipping Solutions with Expanded Offerings, Innovative Technologies, and Green Initiatives in 2025. TAMPA, FL, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- Craters & Freighters Tampa, the …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on January 23, 2025 - 19:18 GMT

Kennards Self Storage Implements INSOMNIAC® CIA Access Control Solution

Partnership with OpenTech Alliance to Enhance Facility Security, Efficiency and Customer Insights PHOENIX, AZ, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- Kennards Self Storage, one of Australia’s leading self storage operators, has …

Distribution channels: International Organizations, Real Estate & Property Management ...
Published on January 23, 2025 - 17:26 GMT

AmeriFreight Announces Its New Dallas Car Shipping and Auto Transport Page

AmeriFreight launches a new Dallas car shipping page, offering reliable, affordable auto transport with door-to-door service and expert guidance. TYRONE, GA, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- AmeriFreight Auto Transport, a …

Distribution channels: Automotive Industry, Business & Economy ...
Published on January 23, 2025 - 17:00 GMT

Donahöna Introduces “Buy with Prime” to Enhance Customer Shopping Experience

Donahöna Introduces “Buy with Prime” to Enhance Customer Shopping Experience IRVINE, CA, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- Donahöna, a brand recognized for its commitment to high-quality and ergonomically designed pillows, …

Distribution channels: Companies, Consumer Goods ...
Published on January 23, 2025 - 13:28 GMT

Superyacht Market Forecasted to Grow at 9.8% CAGR, Reaching USD 25,677.2 Million by 2032

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Superyacht Market Size, Share, Competitive Landscape and Trend Analysis Report by Size, by …

Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
Published on January 23, 2025 - 12:15 GMT

CustomWeather Collaborates with Weather Data, LLC to Offer Climate Data Sets for AI

CustomWeather offers gridded climate data sets tailored for AI and machine learning models. MILL VALLEY, CA, CA, UNITED STATES, January 23, 2025 /⁨EINPresswire.com⁩/ -- CustomWeather, Inc., a specialized provider of high-resolution weather data …

Distribution channels: Environment, Insurance Industry ...
Published on January 23, 2025 - 10:00 GMT

Wataniya Insurance Highlights Its Human-Centric Approach to Car Insurance and Industry Leadership in Saudi Arabia

Wataniya Insurance Integrates Personalized Care and Advanced Technology to Deliver Exceptional Customer Support JEDDAH, SAUDI ARABIA, January 23, 2025 /⁨EINPresswire.com⁩/ -- Wataniya Insurance is a leading insurance provider in Saudi Arabia which …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...