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A service for shipping & logistics professionals · Thursday, November 21, 2024 · 762,504,020 Articles · 3+ Million Readers
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  • Published on Nov 20, 2024

    Israel-Based Cargo Shipping Company ZIM Integrated Smashes Estimates With 626% EBITDA Growth, Upgrades 2024 Outlook

    ZIM Integrated Shipping Services Ltd ZIM shares are trading higher after it reported a third-quarter sales increase of 117% year over year to $2.77 billion, beating the consensus of $2.43 billion. Revenue was driven by the increase in freight rates as well …

    Source: Benzinga - Neutral
  • Published on Nov 20, 2024

    FedEx expands air freight network in South India

    FedEx has launched a new air freight service between Guangzhou, China, and Bengaluru, India, in a bid to improve South India’s access to critical imports from the Asia-Pacific region and boost exports to Europe and the USA. According to FedEx, the new …

    Source: Parcel and Postal Technology International - Neutral
  • Published on 00:18 GMT

    Hydrogen Combustion Auxiliary Engine to be Tested in 2025 on UK Cargo Ship

      An innovative project designed to validate hydrogen combustion engines for ocean-going vessels and lay the foundation to scale up the technology is set to proceed in March 2025 aboard a cargo ship operated by Carisbrooke Shipping. The partnership led by …

    Source: The Maritime Executive - Label Pending
  • Published on 00:22 GMT

    Nigeria handles less cargo than neighbours – NPA

    The Nigerian Ports Authority has lamented that despite Nigeria’s population exceeding 200 million, the country handles less than two million twenty-foot equivalent units of cargo yearly, trailing behind neighbouring countries with populations under 15 …

    Source: Punch - Uncategorized
  • Published on 04:59 GMT

    Cargo ship banned from Australian ports for unsafe cargo operations

    AMSA The Australian Maritime Safety Authority (AMSA) has issued a ‘refusal of access Direction’ to the Netherlands-flagged general cargo ship Marsgracht, banning the ship from entering Australian ports for 180 days. On 6 February 2024, the Marsgracht was …

    Source: The National Tribune - Center-left
  • Published on 06:34 GMT

    The Exploration Company raises $160m Series B for space cargo

    Designed to be launched from any heavy launcher in the world, the craft would fly to space stations. Investors included Plural, Balderton Capital, NGP Capital and Bessemer. And TEC described the investment as the largest space Series B in Europe to date. …

    Source: Electronics Weekly - Label Pending
  • Published on Nov 20, 2024

    HII Hosts Marine Corps Commandant Gen. Eric Smith at Ingalls Shipbuilding

    PASCAGOULA, Miss., Nov. 20, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division welcomed Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, for an official visit to the shipyard on Wednesday. During his visit, Smith met …

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  • Published on 00:12 GMT

    Greek shipping vital for global supply chain

    ECONOMY While addressing the “The Great Oceans Dialogue” in New Delhi, organized for the first time by the Indian Ministry of Ports, Shipping and Waterways and the Observer Research Foundation of India, Greek Shipping and Island Policy Minister Christos …

    Source: Kathimerini - Neutral
  • Published on 04:08 GMT

    Turkey condemns Houthi missile attack on its cargo ship

    Turkey has condemned the missile attack on a cargo ship in the Red Sea carried out by Yemeni Houthi rebels and said measures were being taken to prevent similar incidents. "We condemn the missile attacks by the Houthis against the Panama-flagged …

    Source: BGNES - Neutral
  • Published on 01:33 GMT

    Why Zim Integrated Shipping Services Inched Higher Today

    Zim Integrated Shipping Services (ZIM 0.86%) reported a better-than-expected third quarter on Wednesday, and news of the company's performance pushed its share price marginally higher. Double-digit gains during the trading session moderated toward the …

    Source: myMotherLode - Label Pending
  • Published on 00:27 GMT

    Korean Shipbuilders Expect Strong 2025 While Looking to Trump Presidency

      South Korea’s shipbuilding industry is projecting another strong year as part of a multi-year supercycle in orders while also looking to the second presidency of Donald Trump to be a boon to the industry. Despite growing competition from Chinese …

    Source: The Maritime Executive - Label Pending
  • Published on 05:15 GMT

    FPDA subsidies farmers freight charges

    HIGH transport cost involved in moving fresh produce supplies between distant locations (farm gates to top-end markets) continues to be a hurdle faced by local aggregators across the key regions in the country. The Fresh Produce Development Agency (FPDA) …

    Source: The National - Uncategorized
  • Published on Nov 20, 2024

    Cargo vessel sets sail for China's 41st Antarctic expedition

    GUANGZHOU, Nov. 20 (Xinhua) -- The cargo vessel Yong Sheng, loaded with materials for China's Qinling Station in Antarctica, set sail from east China's Jiangsu Province on Wednesday for China's 41st Antarctic expedition. The vessel, operated by …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 00:41 GMT

    Commandant of the U.S. Marines visits HII’s Ingalls Shipbuilding

    It was an exciting day at Ingalls Shipbuilding, one high-ranking military official stopped by the shipyard to view the progress on some special warships currently under construction. On Wednesday, Ingalls Shipbuilding welcomed Four-Star General Eric Smith, …

    Source: WXXV 25 - Mississippi - Right-wing
  • Published on Nov 20, 2024

    3 people killed after car is hit by freight train in Harvey

    By Kris Habermehl, Natalie Goldstick Updated on: November 20, 2024 / 5:02 PM CST / CBS Chicago 3 people killed when car, freight train collide in south Chicago suburbs 3 people killed when car, freight train collide in south Chicago suburbs 01:17 …

    Source: CBS 2 Chicago - Illinois - Neutral
  • Published on Nov 20, 2024

    Harbor Freight Tools coming soon to Butte

    The building that once housed Bob Ward’s Sports & Outdoors at 1925 Dewey Blvd., will not remain empty for long. Harbor Freight Tools, a retail chain carrying a wide range of hand, air and power tools, generators, welding supplies, automotive and …

    Source: Independent Record - Montana - Neutral
  • Published on Nov 20, 2024

    NASA plans to award Blue Origin, SpaceX additional work to develop cargo lander to moon

    LOS ANGELES, Nov. 20 (Xinhua) -- NASA intends to award Blue Origin and SpaceX additional work under their existing contracts to develop landers that will deliver large pieces of equipment and infrastructure to the lunar surface, the agency said on …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on 00:55 GMT

    NASA Wants Blue Origin, SpaceX to Deliver Heavy Cargo to the Moon

    NASA wants SpaceX and Blue Origin to develop large cargo landers and deliver payloads to the Moon for the Artemis missions. The space agency said Tuesday that the companies will be awarded additional work under existing contracts to mature their designs …

    Source: Executive Gov - Neutral
  • Published on 03:58 GMT

    NASA to assign missions for two future Artemis cargo landers

    NASA, along with its industry and international partners, is preparing for sustained exploration of the lunar surface with the Artemis campaign to advance science and discovery for the benefit of all. As part of that effort, NASA intends to award Blue …

    Source: SatNews - Neutral

04 days 20:45:51

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