Shipping & Logistics News Monitoring
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Published on Feb 1, 2025Source: The Times of India - Center-right
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Published on Feb 1, 2025
Global air cargo market performance increases in 2024 - IATA report
The International Air Transport Association (IATA) has released data on the full-year 2024 and December 2024 global air cargo market performance, revealing an 11.3% increase in demand compared to 2023. Full-year demand in 2024 also surpassed the record …
Source: GhanaWeb - Neutral -
Published on Feb 1, 2025
NSIB Confirms Allied Air Plane Crashed During CBN Cargo Collection
According to a preliminary report released on Saturday, the aircraft, registered as 5N-JRT and operated by Allied Air Limited, was on a positioning flight from Murtala Muhammed International Airport, Lagos, with plans to pick up CBN cargo. Before the …
Source: Naija News - Uncategorized -
Published on Feb 1, 2025
Union Budget 2025: India Unveils Comprehensive Plan To Strengthen Service Sector With Focus On Gccs And Air Cargo
(MENAFN- KNN India) New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman, during her Union Budget 2025 speech, unveiled a set of strategic initiatives focused on strengthening India's service sector. To enhance India's service sector …
Source: MENAFN - Uncategorized -
Published on Feb 1, 2025
India Post To Be Turned Into Large Logistic Body With 1.5 Lakh Rural Post Offices: N Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced the government's plan to transform India into a large logistics organisation with 1.5 lakh rural post offices. Presenting her eighth straight budget, Sitaraman said India Post will be …
Source: NDTV - Center-right -
Published on Feb 1, 2025
Another cargo ship released by Arakan Army reaches Teknaf port
Another Bangladeshi cargo ship, after being released from Arakan Army's detention, reached Teknaf land port today (1 February). The ship, along with three others, was seized by the rebel group in the Naf River on 16 and 17 January while carrying goods …
Source: The Business Standard - Neutral -
Published on Feb 1, 2025
Norway releases cargo ship suspected of damaging Baltic Sea cable
Norwegian authorities have released a Russian-crewed Norwegian cargo ship that had been suspected of recently damaging a Swedish-Latvian telecommunications cable in the Baltic Sea. According to the police, no link to the incident was found. Police in …
Source: ERR - Public Broadcaster -
Published on Feb 1, 2025
Union Budget 2025-26: ₹25,000-crore Maritime Development Fund floated to boost shipbuilding
India’s maritime and shipbuilding segment received a boost with Finance Minister Nirmala Sitharaman announcing the setting up of the much-awaited ₹25,000-crore Maritime Development Fund. The Centre will contribute to 49 per cent of the fund while the …
Source: The Hindu Business Line - Neutral -
Published on Feb 1, 2025
Crashed Allied Air aircraft scheduled to pick up CBN cargo, says NSIB
Nigeria’s Safety Investigation Bureau (NSIB) said that the Allied Air aircraft that crashed on December 11, 2024, was flying out to pick up a cargo belonging to the Central Bank of Nigeria (CBN) This was contained in a preliminary report on the Allied Air …
Source: The Guardian (Nigeria) - Uncategorized -
Published on Feb 1, 2025
Shipping Schedule: Week Starting Feb 1
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, February 1st. On Monday the Oleander container ship and the T.S. Christian Radich R&R vessel are expected, on Tuesday the …
Source: Bernews - Neutral -
Published on Feb 1, 2025
Budget 2025: Shipping gets a blast of wind in its sails
Source: The Economic Times - Center-right -
Published on Feb 1, 2025
Budget proposes infrastructure status for large ships to boost domestic shipbuilding and ownership
The government has proposed infrastructure status for large ships to promote ship ownership and shipbuilding in the country and make India one of the top five countries in these areas by 2047. In her Budget speech for 2025-26 on Saturday, finance minister …
Source: Livemint - Neutral -
Published on Feb 1, 2025
Norway Frees Russian-Crewed Cargo Ship After No Link Found To Baltic Cable Damage
Last Updated:February 01, 2025, 15:50 IST The Silver Dania, seized at Latvia’s request over suspected sabotage, was freed by Norwegian police, who found no connection between the vessel and the damaged subsea cable. A view shows Silver Dania, a Norwegian- …
Source: News18 - Center-right -
Published on Feb 1, 2025
Underwater SAR called off for missing cargo ship captain near Lawas, surface search still on-going
Firefighters and other SAR team members gather for a briefing before proceeding with the operation. – Bomba photo MIRI (Feb 1): The underwater search and rescue (SAR) operation for a cargo ship captain, who is still missing after the vessel had capsized in …
Source: The Borneo Post - Neutral -
Published on Feb 1, 2025
Allied Air’s crashed aircraft was going to pick up CBN’s cargo, says NSIB
Nigeria’s Safety Investigation Bureau (NSIB) has released a preliminary report on the Allied Air cargo plane crash that occurred on December 11, 2024. The NSIB, on the following day, confirmed that it had commenced an investigation into the cargo aircraft …
Source: The Cable - Neutral -
Published on Feb 1, 2025
Manitoba businesses expedite freight movement
With the United States implementing a 25 per cent tariff on Canadian goods today, some companies in Manitoba have expedited their freight movements in anticipation of the disruption, Manitoba Trucking Association (MTA) executive director Aaron Dolyniuk …
Source: Brandon Sun - Neutral -
Published on Feb 1, 2025
Louisiana charges NY doctor with shipping abortion drugs
NEW YORK, United States — Louisiana has indicted a New York-based doctor accused of supplying abortion drugs to a minor in the southern US state which enforces a strict ban, local media reported Friday, highlighting divisions on the issue. Louisiana has …
Source: The Manila Times - Uncategorized -
Published on Feb 1, 2025
4 mins Rs 25,000 crore corpus for maritime fund to boost shipbuilding in Budget 2025-26
New Delhi, Feb 1 : Finance Minister Nirmala Sitharaman, presenting the Budget for 2025-26, on Saturday proposed setting up a Maritime Development Fund with a corpus of Rs 25,000 crore for the long-term financing of the maritime industry. She said that this …
Source: Prokerala - Label Pending -
Published on Feb 1, 2025
Union Budget 2025: Maritime Development Fund to be set up to boost shipbuilding activities
In her eighth consecutive Union Budget presentation, Finance Minister Nirmala Sitharaman announced the creation of a Maritime Development Fund (MDF) with a corpus of ₹25,000 crore to boost shipbuilding activities in India. Updated: Feb 1, 2025, 12:17 PM …
Source: Asianet Newsable - Label Pending
Featured Releases
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Published on February 2, 2025 - 00:00 GMT
Digital Freight Matching Market Set to Surge Projected Growth from $37.8B in 2023 to $352.7B by 2032
NEW YORK, NY, UNITED STATES, February 1, 2025 /EINPresswire.com/ -- The Digital Freight Matching Market was valued at USD 28.6 billion in 2022. It is projected to grow from USD 37.80 billion in 2023 to USD 352.7 billion by 2032, exhibiting a …
Distribution channels: Automotive Industry ... -
Published on February 1, 2025 - 01:10 GMT
Pipistrel Completes First eVTOL Flight of Nuuva V300 Cargo Drone
The Slovenian Nuuva V300 is designed to carry a 272kg (600lb) payload over a range of up to 300 nautical miles (555km) with a hybrid electric powertrain. PERTH, WESTERN AUSTRALIA, AUSTRALIA, February 1, 2025 /EINPresswire.com/ -- Slovenian …
Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
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Published on January 30, 2025 - 16:38 GMT
Surge in Demand in the e-commerce Industry Pushing the Cargo Drones Market to $16.9 Billion Value by 2032, Claims AMR
Cargo Drones Market - By propulsion, the hybrid segment is anticipated to exhibit significant growth in the near future. WILMINGTON, DE, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, …
Distribution channels: Aviation & Aerospace Industry, Business & Economy ... -
Published on January 30, 2025 - 13:04 GMT
Global Air Freight Market Expands as E-Commerce and Cross-Border Trade Drive Growth
The expansion of the global economy, changing consumer preferences, and technical improvements have all contributed to a sharp increase in air freight VANCOUVER, BRITISH COLUMBIA, CANADA, January 30, 2025 /EINPresswire.com/ -- The global air …
Distribution channels: Shipping, Storage & Logistics ...
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Published on January 30, 2025 - 08:00 GMT
Çelebi Aviation Extends Its Leadership at Budapest Airport with Record-Breaking Passenger and Cargo Handling Volumes
Çelebi Aviationhas set new industry standards at Budapest Airport, driving growth and excellence in cargo and passenger services through strategic investments. BUDAPEST, HUNGARY, January 30, 2025 /EINPresswire.com/ -- Çelebi Aviation Extends Its …
Distribution channels: Aviation & Aerospace Industry, Business & Economy ... -
Published on January 30, 2025 - 23:15 GMT
HII’s Ingalls Shipbuilding Opens New Virtual Reality Welding Lab
PASCAGOULA, Miss., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division along with representatives from the U.S. Navy, Accelerate Mississippi and Mississippi Gulf Coast Community College (MGCCC), celebrated the opening of a …
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Published on January 30, 2025 - 10:00 GMT
Listen Technologies and Ampetronic Are Shipping Auri™
Auracast™ broadcast audio-based assistive listening system increases accessibility and lets users choose how they receive venue audio BLUFFDALE, UT, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Listen Technologies Corporation, a leading …
Distribution channels: Business & Economy, Electronics Industry ... -
Published on January 30, 2025 - 20:00 GMT
HII Names Derek Murphy as Vice President of New Construction Aircraft Carriers at Newport News Shipbuilding
NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. In his new role, Murphy will have …
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Shipping, Storage & Logistics Press Releases
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Published on January 31, 2025 - 20:09 GMT
CHANGE of CORPORATE NAME, MATERIAL PROGRESS on INITIATIVES and ELECTION of DIRECTORS
Change of Corporate Name to Agility Capital Holding, Inc. Agility Real Estate (ENX:AGIL) TAMPA, FL, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Agility Real Estate Inc. (“Agility” or “Group”) (Euronext: AGIL) reports the following. …
Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ... -
Published on January 31, 2025 - 18:23 GMT
Ensuring Safe Poultry Transport Through Driver Training
PHILADELPHIA, MS, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Proper driver training is essential for maintaining efficiency, safety, and compliance in the poultry transport industry. Transporting live poultry presents unique challenges …
Distribution channels: Agriculture, Farming & Forestry Industry, Culture, Society & Lifestyle ... -
Published on January 31, 2025 - 14:15 GMT
Vroozi Marks Record Growth Year with Industry Recognition and Customer Success
Procurement software leader achieves record 2024 revenue growth and recognition in 78 G2 reports while expanding into new vertical markets LOS ANGELES, CA, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Vroozi, the intelligent procure-to- …
Distribution channels: Banking, Finance & Investment Industry, IT Industry ... -
Published on January 31, 2025 - 13:40 GMT
Self-Driving Truck Market to Reach $41.21 Billion by 2035, Growing at 12.1% CAGR, Driven by AI & Logistics Innovations
WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, “Self-Driving Truck Market by component (Hardware, Software, and Services), by application (Logistics & …
Distribution channels: Automotive Industry, Shipping, Storage & Logistics ... -
Published on January 31, 2025 - 12:43 GMT
Fleet Industry Veteran Matt Dyer Appointed as New CEO of Merchants Fleet
HOOKSETT, NH, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Merchants Fleet, the nation’s leader in innovative fleet solutions, is pleased to announce the appointment of Matt Dyer as Chief Executive Officer. Dyer brings decades of …
Distribution channels: Automotive Industry, Business & Economy ... -
Published on January 31, 2025 - 10:40 GMT
Rising Road Tolls Present Growing Challenge for Australian Businesses: Industry Calls for Reform
Australian business owners, particularly those in transport and logistics, are facing unprecedented financial strain due to skyrocketing road toll costs. SYDNEY, NSW, AUSTRALIA, January 31, 2025 /EINPresswire.com/ -- Australian businesses, …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on January 31, 2025 - 10:30 GMT
Artificial Intelligence in Transportation Global Market 2024 To Reach $9.17 Billion By 2028 At Rate Of 12.9 %
The Business Research Company’s Artificial Intelligence in Transportation Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, January 31, 2025 /EINPresswire.com/ -- The artificial …
Distribution channels: Business & Economy, Electronics Industry ... -
Published on January 31, 2025 - 10:00 GMT
Bischof+Klein setzt eigene Schwerpunkte - Chancen der Kreislaufwirtschaft
STEINFURT, GERMANY, January 31, 2025 /EINPresswire.com/ -- Bischof+Klein, führender Hersteller von flexiblen Verpackungen und technischen Folien aus Kunststoff und Verbunden in Europa, setzt neue Maßstäbe für nachhaltigen Produktschutz. Mit …
Distribution channels: Business & Economy, Chemical Industry ... -
Published on January 31, 2025 - 09:54 GMT
Generative AI in Logistics Market Boosts By Robust CAGR of 43.5%, Size at USD 13,948 million by 2032
Regional Dynamics: North America dominates with a 43% market share, driven by advanced logistics infrastructure and the presence of major technology players... NEW YORK, NY, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- The Generative AI …
Distribution channels: Shipping, Storage & Logistics ... -
Published on January 31, 2025 - 18:43 GMT
Thriving Through Change: How RelyPak®’s Innovative Solutions Prepare Businesses for the 2025 Economy
HERSHEY, Pa., Jan. 31, 2025 (GLOBE NEWSWIRE) -- At RelyPak®, we are passionate about providing innovative, cost-effective solutions that empower our customers to thrive in an ever-changing market. By staying ahead of industry trends and focusing on …
Distribution channels: -
Published on January 31, 2025 - 14:51 GMT
Costamare Inc. Sets the Date for Its Fourth Quarter 2024 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, February 5, 2025, Before Market Opens Conference Call and Webcast: Wednesday, February 5, 2025, at 8:30 a.m. ET MONACO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its …
Distribution channels: -
Published on January 31, 2025 - 00:39 GMT
Craters & Freighters Expands with New Location in Cincinnati/Dayton
Craters & Freighters opens a new 21,000 sq. ft. facility in Cincinnati/Dayton, expanding its specialized crating and logistics services across the Midwest. CINCINNATI, OH, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Craters …
Distribution channels: Aviation & Aerospace Industry, Electronics Industry ... -
Published on January 31, 2025 - 00:34 GMT
Viroque Energy, nuevo socio de CEIM
El grupo aporta una visión global y sostenible de la energía a la Confederación MADRID, SPAIN, January 31, 2025 /EINPresswire.com/ -- Viroque Energy, nuevo socio de CEIM Viroque Energy se ha incorporado como asociado a CEIM, Confederación …
Distribution channels: Business & Economy, Chemical Industry ... -
Published on January 31, 2025 - 00:17 GMT
Zynity Leadership Welcomes Michael Whang as Chief Operating Officer
Zynity Leadership welcomes Michael Whang as COO to drive innovation, executive alignment, and growth in leadership technology. PHOENIX, AZ, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Zynity Leadership is thrilled to announce that …
Distribution channels: Food & Beverage Industry, IT Industry ... -
Published on January 30, 2025 - 23:55 GMT
Success Champion Networking Expands with Five New Chapters, Driving Growth for B2B Professionals
Success Champion Networking expands with five powerhouse chapters, creating new opportunities for B2B professionals closing five-, six-, and seven-figure deals. FORT WORTH, TX, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Success …
Distribution channels: Building & Construction Industry, IT Industry ... -
Published on January 30, 2025 - 20:13 GMT
Shale Crescent Joins US Commercial Services European Roadshow
MARIETTA, OH, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Shale Crescent USA (SCUSA) announces it will be part of the US Commercial Services Roadshow, "Building Bridges to the USA" from February 20 to February 27, 2025, in the …
Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ... -
Published on January 30, 2025 - 19:31 GMT
Inbound Logistics Announces Upcoming Feature — Navigating India's Supply Chain
Overcoming Challenges and Seizing Opportunities for U.S. Businesses in India's Dynamic Logistics Market BETHESDA, MD, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Inbound Logistics, a leading authority in supply chain and logistics …
Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ... -
Published on January 30, 2025 - 18:58 GMT
ARAX Holdings Corp. Receives Letter of Intent for the Acquisition of 50% Interest in @Copper Namibia
ARAX’s mission is to transform commodity trading and trade finance through its DeFi solutions, powered by its proprietary BaaP digital asset management system Arax Holdings Corp. (OTCBB:ARAT) NEW YORK, NY, UNITED STATES, January 30, 2025 / …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on January 30, 2025 - 18:51 GMT
Atlantic Coast Electric Supply Turns to Thrive Technologies For Increased Inventory Profitability
Independent electrical distributor joins Thrive customer roster, strengthening the company’s position as a leader in inventory optimization. MARIETTA, GA, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- Leading AI inventory platform Thrive …
Distribution channels: Automotive Industry, Consumer Goods ... -
Published on January 30, 2025 - 18:49 GMT
ArchLynk Appoints Dave Medd as Chief Executive Officer
SAN JOSE, CA, UNITED STATES, January 30, 2025 /EINPresswire.com/ -- ArchLynk, a global leader in digital supply chain and global trade solutions, is pleased to announce the appointment of Dave Medd as Chief Executive Officer, effective …
Distribution channels: Automotive Industry, Business & Economy ...
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