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Published on 15:50 GMT

Yemen's Houthis release crew of seized cargo ship Galaxy Leader

Yemen's Houthi movement says it has released the crew of the cargo ship Galaxy Leader, which its fighters seized in November 2023 at the start of their campaign of attacks on Red Sea shipping linked to the Gaza war. Houthi-run Al Masirah TV reported …

Source: BBC - Public Broadcaster
Published on 12:30 GMT

Five ways to cut emissions from shipping

Shipping generates 3% of global greenhouse gas emissions. This could increase to 10% if current trends continue, according to Transport & Environment – a non-profit organisation dedicated to decarbonising transport in Europe by 2050. To alter course …

Source: The Conversation - Neutral
Published on 06:32 GMT

Air Freight Service Market Valued at USD 150.0 Billion by 2032, Growing at 2.78% CAGR

The rise of e-commerce has become one of the most significant drivers for the Global Air Freight Service Market Industry. GA, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- Air Freight Service Market Size was estimated at 117.17 (USD …

Distribution channels: Aviation & Aerospace Industry ...
Published on 09:52 GMT

Asyad Shipping plans to sell at least 20% stake in Oman IPO

Muscat – Asyad Group, Oman’s international logistics services provider, has announced its intention to sell at least a 20% stake in Asyad Shipping Company through an initial public offering (IPO) on the Muscat Stock Exchange (MSX). The announcement of …

Source: Muscat Daily - Pro-Government
Published on 08:23 GMT

Prices of Canadian, WTI crude to Asia jump after shipping rates rally, sources say

SINGAPORE/HOUSTON: Prices of Canadian and US West Texas Intermediate crude oil to Asia jumped after shipping costs rallied on concerns that wider US sanctions on the Russian fleet are tightening ship availability, trade sources said on Tuesday. Asian …

Source: Business Recorder - Neutral
Published on 15:49 GMT

ABS approves South Korean shipbuilder's hydrogen tank design

January 22, 2025 HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for a new tank design aimed at enabling large-scale hydrogen transport and storage. The tank …

Source: WorkBoat - Neutral
Published on 12:41 GMT

Asyad Shipping Company to Float on Muscat Stock Exchange

Asyad Group SAOC, a global integrated logistics provider, today announces its intention to offer at least 20% of the issued share capital in Asyad Shipping Company SAOG through an Initial Public Offering and to list its ordinary shares for trading on the …

Source: Logistics Business Magazine - Label Pending
Published on 11:49 GMT

DP World says sea freight prices could fall 20% if Red Sea attacks curbed

By Elisa Martinuzzi DAVOS, Switzerland (Reuters) - Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down". …

Source: Yahoo Finance - Label Pending
Published on 13:18 GMT

Why Trump is courting Korea for Naval shipbuilding efforts

Rise of China’s naval forces may trigger Trump administration to outsource building military ships in Korean shipyards Anticipation for Korean shipbuilders continues to build up as the second Trump administration is actively seeking ways to revamp its …

Source: The Investor - Neutral
Published on 09:37 GMT

Asyad Group announces Asyad Shipping Company SAOG (under transformation) Intention to Float (“ITF”) on the Muscat Stock ...

Muscat: Asyad Group SAOC (“Asyad Group”), a prominent global integrated logistics provider, today announces its intention to offer at least 20% of the issued share capital in Asyad Shipping Company SAOG (under transformation) (“Asyad Shipping” or “ASC” or …

Source: Times of Oman - Pro-Government
Published on 15:29 GMT

Affordable Shipping for All Act takes on unfair shipping practices

U.S. Rep. Ed Case, a Hawai‘i Democrat, recently reintroduced legislation to end what he calls “discriminatory and exclusionary” shipping practices faced by residents and businesses in non-contiguous states and U.S. territories. A cargo ship is seen behind …

Source: Big Island Now - Hawaii - Neutral
Published on 09:21 GMT

Danish Embassy plans online seminar for Philippine shipbuilding industry

The Danish Embassy in the Philippines plans to host an online seminar focused on the shipbuilding industry. This initiative, therefore, aims to strengthen the sector in collaboration with the Anti-Red Tape Authority (ARTA) and the Department of …

Source: ScandAsia - Label Pending
Published on 07:21 GMT

Plugging $500m annual losses through Cargo Tracking Note

By Steve Agbota [email protected] From industry records, Nigeria loses an astounding $500 million annually to inefficiencies and leakages plaguing the maritime sector. The promise of efficient and profitable port …

Source: The Sun Nigeria - Uncategorized
Published on 14:51 GMT

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says

By Nidhi Verma NEW DELHI (Reuters) - Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum. The company and …

Source: The Gazette - Colorado - Neutral
Published on 08:50 GMT

Oman’s Asyad Group plans IPO for 20% stake in shipping unit

Asyad Group, a prominent global integrated logistics provider, today announced its intention to offer at least 20 per cent of the issued share capital in Asyad Shipping Company (ASC), one of the world’s largest diversified maritime shipping companies, …

Source: Trade Arabia - Neutral
Published on 15:00 GMT

Global air cargo rates continue to be weak

Global air freight rates trended lower again, down 4.7 percent, during the week to January 20, according to the latest data from TAC Index, the leading price reporting agency on air freight. Rates, however, remain comfortably above where they were a year …

Source: STAT Trade Times - Neutral
Published on 10:03 GMT

Cathay Pacific ends 2024 with record rises in passengers and freight traffic

Hong Kong-based Cathay Pacific Group has announced its traffic figures for December 2024. The figures show impressive increases in both the number of passengers carried and tonnes of cargo transported in the final month of 2024, completing the carrier’s …

Source: AeroTime News - Neutral
Published on 15:58 GMT

Budget 2025: Industry pins hope for significant announcements for the railway sector, focus on freight infra development

Home Business Budget 2025: Industry pins hope for significant announcements for the railway sector, focus on freight infra development With the government's focus on sustainability and its net-zero mission, the logistics sector anticipates increased …

Source: India.com - Center-right
Published on 15:51 GMT

Top 7 Car Shipping Companies for Reliable Auto Transport

Transporting a vehicle across the country can be a daunting task, whether you’re relocating, buying a car from out of state, or sending a vehicle to a loved one. Choosing the right car shipping company is crucial to ensure a smooth and damage-free …

Source: Transportation & Logistics International - Label Pending

05 days 11:57:21

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Published on January 22, 2025 - 06:32 GMT

Air Freight Service Market Valued at USD 150.0 Billion by 2032, Growing at 2.78% CAGR

The rise of e-commerce has become one of the most significant drivers for the Global Air Freight Service Market Industry. GA, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- Air Freight Service Market Size was estimated at 117.17 (USD …

Distribution channels: Aviation & Aerospace Industry ...
Published on January 22, 2025 - 14:08 GMT

ODW Logistics Launches International Shipping Solution Through Partnership with Passport

COLUMBUS, Ohio, Jan. 22, 2025 (GLOBE NEWSWIRE) -- ODW Logistics (ODW), a national third-party logistics (3PL) provider specializing in integrated solutions, has partnered with Passport, a global e-commerce solutions provider, to expand international parcel …

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Published on January 22, 2025 - 14:27 GMT

Performance Shipping Inc. Extends Time Charter for M/T P. Monterey at US$28,000 Per Day for Twelve Months

ATHENS, Greece, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary …

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Published on January 22, 2025 - 12:34 GMT

Cargo Bike Market Set to Witness Significant Growth by 2025-2032 | Worksman Cycles, Xtracycle Inc, XYZ CARGO

CA, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- The latest report published by Coherent Market Insights highlights the growth prospects of the Cargo Bike Market from 2025 to 2032. In-depth research on Industry Size, Share, Business …

Distribution channels: Automotive Industry ...

Published on January 22, 2025 - 06:27 GMT

Direct air freight and FTA create UAE opportunity

Release date: 22/01/25 The return of daily Emirates flights to Adelaide in October last year unlocked a total weekly direct air freight capacity of nearly 200 tonnes between South Australia and the UAE. Local producers of premium perishable items …

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Published on January 21, 2025 - 13:45 GMT

Ocean Freight and Air Freight Market with CAGR of 4.01% | US as a Leading Trade Gateway

Global Ocean Freight and Air Freight Market is driven by efficiency, technology, sustainability, and emerging opportunities in logistics. NEW YORK, NY, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- The Ocean Freight and Air Freight …

Distribution channels: Business & Economy ...
Published on January 20, 2025 - 11:16 GMT

Shipbuilding Steel Plate Market is Projected to Reach $7.5 Billion by 2032 with 4.01% CAGR

The Shipbuilding Steel Plate market is expected to grow from $5.48B in 2024 to $7.5B by 2032, driven by a 4.01% CAGR during the forecast period. NY, UNITED STATES, January 20, 2025 /⁨EINPresswire.com⁩/ -- The Global Shipbuilding Steel Plate Market …

Distribution channels: Chemical Industry ...
Published on January 20, 2025 - 11:16 GMT

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 22, 2025 - 14:00 GMT

SMS360 añade capacidades de información SASISOPA para apoyar el cumplimiento normativo en la industria de hidrocarburos

NEW YORK, NY, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- SMS360, líder en soluciones de gestión de riesgos y cumplimiento normativo, ofrece ahora capacidades de generación de informes SASISOPA (Sistema de Administración de Seguridad …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on January 22, 2025 - 13:19 GMT

Taj Holding Group Embarks on a New Chapter of Transformative Growth with Updated Vision, Mission, and Strategy.

RIYADH, SAUDI ARABIA, January 22, 2025 /⁨EINPresswire.com⁩/ -- Taj Holding Group, a prominent Saudi conglomerate, has unveiled its updated vision, mission, values, culture, and strategy statement, signaling a new chapter of transformative growth. …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on January 22, 2025 - 12:59 GMT

Zeus Revolutionises Pallet Wrapping with the Launch of Innovative Apollo Pallet Wrapping System

Zeus launches Apollo Pallet Wrapping System, cutting plastic use by 60%, reducing costs, and boosting sustainability with real-time data tracking. BIGGLESWADE, ENG, UNITED KINGDOM, January 22, 2025 /⁨EINPresswire.com⁩/ -- Zeus Packaging, a global …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on January 22, 2025 - 12:28 GMT

Procurement As a Service Market Set to Witness Significant Growth by 2025-2032 | Accenture plc, Aegis One Consults Ltd

CA, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- The latest report published by Coherent Market Insights highlights the growth prospects of the Procurement As a Service Market from 2025 to 2032. In-depth research on Industry Size, Share, …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 22, 2025 - 12:05 GMT

‘Talking Kinky’ Enters Season 7 with Global Success, New Branding, and Exciting Rumours

The wildly popular podcast Talking Kinky, hosted by the dynamic duo Isabelle Brown and Tommy Flynn, is celebrating a landmark year. LONDON, LONDON, UNITED KINGDOM, January 22, 2025 /⁨EINPresswire.com⁩/ -- The wildly popular podcast Talking Kinky, …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on January 22, 2025 - 11:08 GMT

Category Intelligence Courier, Express, and Parcel Services (CEP) Australia Market : Rising Demand, Growth & Trends 2032

The market has seen significant investments in automation, robotics, and last-mile delivery solutions, creating a dynamic and competitive landscape AUSTRALIA, January 22, 2025 /⁨EINPresswire.com⁩/ -- The Courier, Express, and Parcel (CEP) market …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 22, 2025 - 10:30 GMT

Jameson Foskey Promoted to Vice President of Sales for Hire Velocity and Hire Health

Foskey to lead sales strategies, manage collaborative team efforts, and position the company for sustained business growth while meeting ambitious sales goals ATLANTA, GA, UNITED STATES, January 22, 2025 /⁨EINPresswire.com⁩/ -- Hire Velocity, a …

Distribution channels: Business & Economy, Companies ...
Published on January 22, 2025 - 09:54 GMT

Contract Logistics Market is Anticipated to Reach $300 Billion by 2032 with 2.78% CAGR Growth

The Global Contract Logistics Market is currently witnessing significant changes driven by several key market drivers. UNITED KINGDOM, January 22, 2025 /⁨EINPresswire.com⁩/ -- The Contract Logistics Market is poised for steady growth in the coming …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 22, 2025 - 09:45 GMT

Libera Appoints Husain Haykal as Chief Commercial Officer to Drive Global Expansion and Strategic Growth

CAMBRIDGE, UNITED KINGDOM, January 22, 2025 /⁨EINPresswire.com⁩/ -- 22nd January, 2025 – Libera Global AI, a leading innovator in AI-driven retail solutions for emerging markets, is pleased to announce the appointment of Husain Haykal as its new …

Distribution channels: Companies, Retail ...
Published on January 22, 2025 - 07:29 GMT

Technician Find Introduces Shop Owner's AI Toolbox to Help Auto Repair Shops Hire Faster and Retain Top Talent

Innovative AI tools and exclusive GPT prompts tailored for the auto repair industry now available for free to independent shop owners. OCEANSIDE, CA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Technician Find, a leader in technician …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on January 22, 2025 - 15:30 GMT

Nordic American Tankers Ltd (NYSE: NAT) – An active period involving several transactions

Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 22, 2025 - 14:27 GMT

Performance Shipping Inc. Extends Time Charter for M/T P. Monterey at US$28,000 Per Day for Twelve Months

ATHENS, Greece, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary …

Distribution channels:
Published on January 22, 2025 - 14:08 GMT

ODW Logistics Launches International Shipping Solution Through Partnership with Passport

COLUMBUS, Ohio, Jan. 22, 2025 (GLOBE NEWSWIRE) -- ODW Logistics (ODW), a national third-party logistics (3PL) provider specializing in integrated solutions, has partnered with Passport, a global e-commerce solutions provider, to expand international parcel …

Distribution channels:
Published on January 22, 2025 - 12:30 GMT

Rekor Scout® Certified for New Jersey’s $13M Public Safety Initiative, Empowering Law Enforcement with Advanced ...

COLUMBIA, Md., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rekor Systems, Inc. (NASDAQ: REKR), a leader in developing and implementing state-of-the-art roadway intelligence technology, has achieved New Jersey’s rigorous certification for its industry-leading Rekor …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on January 22, 2025 - 00:00 GMT

SMS360 Adds SASISOPA Reporting Capabilities to Support Compliance in the Hydrocarbon Industry

New SASISOPA Support Helps Hydrocarbon Sector Meet Key ASEA Regulatory Standards for Safety and Environmental Protection. NEW YORK, NY, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- SMS360, a leader in risk and compliance management …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on January 21, 2025 - 19:10 GMT

Endear Raises $6 Million in Series A Funding Led by Channel Equity Partners

NEW YORK, NY, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Endear, the leading clienteling and CRM solution for omnichannel brands, today announced the successful close of its $6 million Series A funding round, led by Channel Equity …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on January 21, 2025 - 15:30 GMT

VesselBot Joins Development Data Partnership to Advance Global Transportation Emissions Transparency

VesselBot Joins Development Data Partnership to Advance Global Transportation Emissions Transparency ATHENS, GREECE, January 21, 2025 /⁨EINPresswire.com⁩/ -- VesselBot, a pioneer in Supply Chain sustainability technology, has agreed to join the …

Distribution channels: Automotive Industry, Business & Economy ...
Published on January 21, 2025 - 15:09 GMT

SkyAlyne and KF Aerospace acquire three De Havilland Canada Dash 8-400 aircraft for RCAF Aircrew training

OTTAWA, ON, CANADA, January 21, 2025 /⁨EINPresswire.com⁩/ -- Today SkyAlyne and KF Aerospace are excited to announce the signing of a purchase contract with De Havilland Aircraft of Canada to acquire three Dash 8-400 aircraft for the Royal Canadian …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on January 21, 2025 - 15:00 GMT

Small Businesses Delay AI Adoption, Lose Time and Money

Worried about the cost of AI solutions, small businesses delay implementation, incurring greater costs and shortchanging growth. HOUSTON, TX, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Leading invoice funding company Charter Capital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 22, 2025 - 01:15 GMT

Toppoint Holdings Inc. Announces Pricing of $10 Million Initial Public Offering

NORTH WALES, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint” or the “Company”) today announced the pricing of its initial public offering of an aggregate of 2,500,000 shares of its common stock (the “Shares”), all of which are …

Distribution channels: Banking, Finance & Investment Industry, Shipping, Storage & Logistics ...